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Subject: Re: GENEVA SWISS ......total scam!!!


Author:
Anonymous
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Date Posted: 20:52:01 12/07/01 Fri
In reply to: 's message, "Re: GENEVA SWISS ......total scam!!!" on 20:37:37 12/07/01 Fri


Dear sft members,

there has been some confusion regarding our program and I would like to take this opportunity to address all members personally.

As you might have noticed, many e-gold based programs have recently been shut down or they incurred great difficulties.

Fortunately, our program has survived the worst obstacles such as poor market conditions, banks going down and mismanagement.

Unfortunately however, I have to say, as program manager, that trading during August has not been sufficient to produce positive results for all members.

This is and was due to the fact that I had to stay in hospital for almost four weeks, after a diagnosis of colon cancer.

After this preliminary treatment I will have to stay in clinical observation until end of October, during this time a daily trading access will not be possible.

I have therefore decided to suspend the program for exactly three months from now on, which means that both withdrawals and spends to our account will be on hold for this time period.

All member accounts will be held in our database, the value of each account being equivalent to the end of July account balance.

I am simply not the type of trader who delegates his responsibility on to someone who might not trade with the same risk-management criteria as I do.

After this time period, normal trading will resume and I am very optimistic about the perspective during the coming months.

I am writing to all members personally as there have been some misunderstandings and some confusion about the existence of our program.

Unfortunately many people throw all programs in one basket & they do not differentiate enough.

I am taking full responsibilty for all trades and I am sure that many members will persevere with us, although I have to admit that a lot of criticism ( especially concerning our poor communication and administration ) was fully justified.

I can only apologize for this and I hope that we can have the chance to improve our communication.

It is my sincere hope that the members will understand the present decisions and will agree with them, which will insure that our program will remain also in the future the same serious program that you have all experienced in the past.

Thanks for taking the time to read this.

Kind regards,

Program Manager SFT

what are joke.......no reply to emails & no one gives a dam

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