Megalido Is Back With Their New Plan

@julyteen (13265)
Davao, Philippines
November 16, 2008 7:46pm CST
Half of the members now agreed about the newest plan that Michael announce yesterday but also another half didn't agree about it. From 12% X 12 days it will now be 4% X 36 days. For us, pioneer member of Megalido we agree this new plan, Michael did this because of the following reason: Letter from Megalido's Admin, Michael. Dear members, I understand you are very worried about the program and I apologize it took me a little time to let you know about the situation. I asked you to calm down and wait but that clearly didn't work, the server switch caused several database errors and we had to take care of everything, everything is now ready and the big changes will now appear on the website. The big changes you were all expecting is about our plan, the 12%x12 days plan is now gone, I want you to understand that this is not being done because of a cashflow problem, we are doing this because the amounts of money we have been receiving are increasing a lot and a new plan is needed in order to maintain the exchange of money between the trading platforms and the payment processors. The new plan pays 4% and it lasts for 36 days, which means you will still receive 44% of profit but it will take 36 days, not 12. I have never disappointed you before and I'm not going to do it now, if I wanted, I could have ran with all your money but I didn't, I'm still here and we are together, fighting everything and everyone in order to become the best program this industry has ever seen. The new plan is being applied to the website now and it may take some time until you all see it, some will see it right now, some will see if later but don't worry, the process will be completed as quick as possible. All the pending payments you have will be transferred to the new plan, I'm sorry but that is something we have to do, I hope you understand me. You still need to surf 12 pages daily to get credit and the pendings will be paid within 48 hours, as stated on our terms and F.A.Q. If you have an active upgrade, continue to surf and when you complete the 12 days, it will be moved to the new plan too. I am not running away now and I do not plan to do it, I understand you may be scared with these changes but they are necessary if we want to keep MegaLido sustainable and I'm sure we all do. I'm sticking with you and I hope you all will stick with me, your support is very important at this point and I hope our relationship will continue to be very good. I'm sorry I made you wait these last two days but a new MegaLido is now born and you will profit from it, I assure you that. I really appreciate the ones who stayed positive during these days and thank you so much for being a part of this huge project. Yours, Michael [b] i have $170 pending payoff last time when the site down for maintenance. when it came back my pending payoff was automatically reinvested by the system. That money is a part of my earnings from Megalido, whenever the site gone it will not be a great loss for me but i am pity with the new members and some of my referrals because of this unexpected changes. I don't matter about the long time i wait for my payoff from megalido as long as they will pay me. I am expecting $240 after 36 days, that will be on the middle of December. I that will happen and i am paid, a party with my friends will be. LOL[/b]
2 people like this
5 responses
@chiaeugene (2226)
• China
17 Nov 08
from the tone of the letter, it does cause more concerns rather than calming down nervous investors and members. in short, if u read and feel the tone of the letter, you can derived that they are in cashflow problems and now need more time to pay or find money. the 36 days period will allow them more time to wait for investments in between rather than the shorter 12 days. also, by transferring existing members to this plan, they are indeed slowing down the payments queue and all actions done are to the disadvantages of members and benefiting themselves. while they claimed to be fighting a battle with you together, they would have generate sufficient profits and earnings themselves cos each time a new funds invested in, a portion is already taken out by them as their profit.
1 person likes this
@julyteen (13265)
• Davao, Philippines
17 Nov 08
i also understand Michael because it is not easy to earn profits from the investment within 12 days. This is the reason why many autosurf vanished after 2 weeks of operation.
1 person likes this
@philjas (1134)
• United States
17 Nov 08
I just joined Megalido a day or two before this all happened. I only invested $12, at this point I'd love to just cash that back out when I get that much and be done with it. I'm at $8 something now.
1 person likes this
@julyteen (13265)
• Davao, Philippines
17 Nov 08
hope this is not the sign for the site to vanished
1 person likes this
@stephcjh (32388)
• United States
17 Nov 08
That is great to hear. I am not joined there, I am so afraid to invest online anymore. I lost alot of money by doing so with a trusted site.
@julyteen (13265)
• Davao, Philippines
17 Nov 08
yes too much risk in investing money online and we must be careful and study our moves.
@jimbelle (485)
• Philippines
21 Nov 08
As i have expected soon they will be changing payment options. I did not proceed with joining. But I still hope they will be paying you 36 days after.
@andak2007 (3230)
• Philippines
17 Nov 08
i was kind of disappointed because i really was hoping to have my $25.92 pending by now but now that they are reinvesting it...i have to wait 36days to find out if they really pay...i am not at all solved with the letter...instead of calming me down it just made me more nervous and im pretty sure almost all of the investors...how disappointing indeed...and to think i am almost stating to believe that megalido is different from all those scam sites.