21 April 2010 - Wazzup™ Daily News

Sorry guys...I've been feeling under the weather today and haven't had time to check on the latest news. I'll check up on the news tomorrow and provide all the updates as soon as I can.

For now, these are the latest updates in the industry:

WaterInvestment sent out a newsletter today informing of the site's newest feature called Deposit Insurance, which claims to insure your investment up to $50,000 dollars. Nonetheless, this is definitely not helping the current situation as no members have been paid since yesterday. In fact, a member who proclaimed himself as the admin of WaterInvestment announced that the site could continue if members send 10% of their investment to WaterInvestment's other LibertyReserve account. In my opinion, this is a scammer trying to take advantage of the situation, and please do not send any money to anyone or any site claiming to be associated with WaterInvestment. Here's the newsletter from WaterInvestment:

Dear Cody,

We are happy to announce that now your investment(s) with us is
insured by the Deposit Insurance Corporation. Your account is covered
for $50,000.00 (fifty thousand U.S. dollars). More information you can
find at our website.

You are receiving this message because you have opened an account
with WaterInvestment.net.

Warmest regards,
Water Investment Administration

And here's the short announcement on MoneyMakerGroup forum from Jason Lee, who claims to be the admin of WaterInvestment:

Hello members;
My name is Jason Lee,I am the admin of Waterinvestment.net.I am very sorry for the delay of payments in these days.The main reason for this bad situation is lack confidence of us and lots of blackmailers attack out site.Second: Although we are lack of money for less of investment but we can make normal payments for 4 or 5 weeks more without problems.
So if our menbers still have confidence with us please send 10% of your investment to our another LR account U2362167(Water investment),tell us your username and your login ID.When we find 60% of our members still have confidence with us we will continue our payments.If not,we will pay back of your money and tell you the result.
You can send us ticket or send email to support@waterinvestment.net for more information.
Jason Lee
Administration of WI

The admin of YingYangInvestment, John has decided to add a compounding option to your investment starting tomorrow due to popular demands. This will definitely see an increase in interest amongst investors, but whether or not this will be a positive progress towards sustainability remains to be seen. Programs that offer compounding either win big or lose big, depending on how the investors make use of the option. I definitely hope for the best with this one. Here's the newsletter:

Dear members,

The compound option will be available tomorrow as many of you requested.

Best regards,
John

ManorTrust is now investing in another Asian tech startup company, claiming that a sum of $650,000 is now spent towards developing cellphone technology there. Well, I sure hope the cellphone from that investment will overtake iPhone, as that will be the only way for a cellphone company to grab a piece of the lucrative mobile phone pie. The admin also took the opportunity to announce that Live Chat is now available to assist members with questions about their latest investment. Here's the newsletter:

Manor Trust invests in new southeast Asian tech

Manor Trust has commenced a new investment into the Southeast Asian market. A sum of $650,000 has been invested into a new and budding Southeast Asian tech corporation that provides connector cables for several mobile phones on the market.
President of Manor Trust, Timothy Alexander, has stated, “The southeast Asian corporations providing small parts for mobile phones is one of the largest growing sectors in southeast Asia. Small parts are sold in quantities of millions to much larger corporations providing the majority of mobile phones globally”.
Stay tuned to Manor Trust’s weekly profit update at the end of this week. We have LIVE CHAT Support agents standing by on the website for any of your investor needs.

Manor Trust

BombStockTraders is now moved to On Hold status, as the site is now currently being monitored by the Federal Government due to alleged claims of money laundering. Their accounts have been frozen, along with the funds in the accounts. It seems that BombStockTraders is managed by the same team that ran Stoic Capital, and the admin is placing blame on TalkGold members who supposedly complained about the site. Here's the newsletter from the admin:

We where forced to shut down by the feds. Our hosting was forced to remove all files & post what you see now on the site.

This happened because a group of people (most likely the forum spammers & blackmailers from Talk Gold) sent the feds over 245 emails in the past 3 weeks from different IP's complaining about BST. I am told the emails range from emails about BST funding terrorists to BST stealing peoples Solid Trust Pay money (a service which we do not take) to BST blackmailing Talk Gold members. They said that this was very strange so they where forced to investigate & pull the plug until they feel that we are not doing anything wrong.

So you can thank those Talk Gold Blackmailers for you all losing your money. They are to blame.

As you all have noticed on the site it said that BST is a Stoic Capital company. BST is a is the new DBA of Stoic Capital. We had a $100,000 reserve in this program & it would have lasted forever,
Sorry it has to be this way.
All of our accounts are frozen so if you would like a full refund please email us back here with your full account information, full address, full name, phone number, best time to call you & amount invested. This information we will forward to the Agent assigned to us & then they will contact you with the proper tax audit forms. I guess they need to investigate everyone before they issue a refund to anyone. Once this is done we are told that your capital will be released to you, but it will come in the form of a check. That is why they need your full information.

Dante DePalma
Admin I

And here's the complete details on the site:

Interim activity moratorium

With apologies to inconveniencies to all parties concerned, we have to declare an interim activity moratorium due to the following events that have recently taken place:

1) Our company Stoic Capital, DBA Bomb Stock Traders has been abruptly targeted by official structures of Europe and the U.S. The attack of Feds was all-embracing, distressful and multi-purposeful; all assets, cash and bonds were seized. All our accounts have been blocked to avoid further in-out market motions with insecured previous deals involved. Our offices sealed, offshore and onshore companies halted. The termination is complete.

2) The basic Federal claim is strong suspicion in money-laundring and indulgence of investors in concurrent and steady tax evasion. In line with the charges moved forward, the offcials demand that we should disclose all investor's data, accounts and gains earned through our company's work. Our lawyers have elaborately investigated the issue, and got down to work, so that the privacy of investors, their revenues and rights to utilize their means in the most free way be defended notwithstanding any circumstances engaged. Our company has always been dealing in the stock exchange markets despite underhand plotting of magnates next to certain establishments.

3) The given situation and appeared problems needs some time to take care of. The event has also made impossible the expected investors Congress in the nearest future (all Congress fees already received by us will be returned to available balance as soon as possible).

4) To conclude the given above statement, due to objective circumstances we have to open up interim activity moratorium for new deposits as well as yields and principals up to May 31, 2010. During this period of time, we estimate that our lawyers will settle down the matter, and obtain necessary assent to continue our company's work, so that in short a time we restructure our liabilities in payouts with the help of returned means that are now seized.

5) We would be grateful to all our investors for cooperation who voluntary give us power to disclose their data and required details about all incomes received with the assistance of our company, so that we provide the files to the Secret Service, Postal Service and SEC. Please be informed that you're required to provide the authorization to pay all taxes that are liable therein and confirm the taxes paid already.

For this please e-mail us your full account holder information and authorization in writing signed.

That's all for today folks..I'll keep you updated on more news from the industry tomorrow!