Tuesday, 7 May 2013

PipMega's suspended accounts.

Pipmega's website claims that the company invests in forex trading, so today the admin sent an update with a lot of details about forex (quite appropriate I must say) explaining that the current situation requires a quick solution.
Usually hyip investors are not interested in admins' stories so I'll paste here the part that interests all members:
Our solution to get through this time of testing our new system and recover from losses is to “suspend” members' accounts that are in profit in PIP MEGA. We're talking about members who have received more in withdrawals than they paid in actual deposits from payment processors so not including re-investments from account balance. Referral commissions will be included so if your total withdrawals are more than you have deposited through the payment processors it means you're in profit and your account will be suspended for now (pending withdrawals will be cancelled).

We're implementing this rule right now because the situation doesn't allow us to wait with this. Accounts that are in profit will be “suspended” so you can't login. This will stay like that till we're able to generate the profit we used to make again. The reason we don't want members who are in profit to login is because we want earnings to “ride out” so when we have our trading accounts back on a steady level again those members can decide to re-invest then or withdraw. If we allow those who are in profit to re-invest from earnings now (since they can't withdraw) we will not have a good overview (goal we're trying to reach before we can enable those accounts again).

So if you are in profit your account willbe frozen till new communication.
I have to say that I am in profit but today I am still able to log into my account.
We'll see. At the moment it's better to avoid investing in Pipmega, at least this program put into profit all early investors.

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