Just a lot more of the same blabla
---------------------------------------------------------------------------





Hi All,

It has been approximately four weeks since the last update.

As I mentioned in the previous communication, the funds are currently in escrow with the lawyers. They are diligently working on calculating the amounts for everyone and gathering all the necessary information. Once this is complete, they will begin sending out emails to clients.

Please note that this pertains to clients of the gold platform, NOT the e-65 gold or e-65 members. These programs will be addressed once Grams is done.

Simultaneously, they are setting up a Know-your-customer (KYC) process. KYC procedures identify and confirm that a customer is who they say they are. It's a multi-step process and it needs to be incorporated into the lawyer's system so that they have all the relevant information on each person that will be getting paid. This process is similar to what one would encounter when creating an account with a cryptocurrency wallet or a bank using a mobile phone.

Once everything is ready, the emailing process will commence.

It's important to understand that there are over 300 accounts in Grams.vc, including older platforms that were not joined to grams.vc. Many clients have multiple accounts under them, such as Gold, Silver, BTC, and cash accounts. All of these need to be calculated and consolidated for each client, with clear explanations provided. The calculations must also be rechecked to ensure accuracy, and fees must be deducted to arrive at the final totals for each account.

I must also address an ongoing concern. Some of you emailing admin on a daily basis is not helping and is increasing the level of stress to them. They have no more answers than what is provided in these updates. I have asked you many times to limit these emails. Adding to the Admin's stress is also adding to my stress, and we do not need any more stress than we already have. They are there however, for genuine questions and concerns that you may have.

I also want to state that I have full and utmost trust in our Admin. There are some things that I have told them in confidence, and they have NEVER, EVER betrayed my TRUST in anything. There are also many things that I am just not able to say to anyone, including our Admin, and to be honest, it is very FRUSTRATING not only to them but to me also as I have no trust issues with them.

The admin has been there for your every need, seven days a week for the past 2 1/2 to 3 years and have received way too much abuse from some people, and that, to be honest, is not fair at all.

If it was not for them, there would be no emails from you to the Admin. If it was not for them, there would be far fewer updates. If it was not for them, I would have quit so many times, and then all you would have is nothing until the lawyers were ready. Ah, but wait if I had quit, then where would we all be now? You, Me? Sure, all without our funds, and you would have had to figure it out by yourselves. Yeah, that would have been fun for you all, but guess what? Admin and I are here for you, and other than some abuse that they get, they do not get much else. They are not paid for doing this each and every day. Neither am I, or anyone else.
Yes, we all will be paid, and Admin will be very happy on that day, as will I, as will everyone else, so we have to wait. Admin are Grams and E-65 clients also so they know the frustration first hand.,

Sure, waiting is no fun. You can say you have been waiting these past 2 1/2 years. As we all have, and again, as a reminder, I did that without being with my family. Would you have done that?

In regard to the donations to the GFM (Go Fund Me) campaigns, rest assured that these will be processed with the grams.vc payments. There are hundreds of donations sent, and all of these need to be accounted for, and people that are not in grams.vc will also need to have a KYC done for this. For these people, including grams.vc, when E65 is ready for KYC, at least these people will already have the KYC done. > E-65 Registered Members: At this time, I do not anticipate any delays. The projected time frame remains 3 to 6 weeks, and I am still expecting completion within the 6-week window. If any delays occur, I will be informed, and I will promptly communicate that information to you. However, I doubt that there will be any delays, as I would have been notified already.
Again I am addressing Grams clients above but have allowed this to be posted to E-65 and the Ex foundation people so that you have a picture of what is happening.

In closing, I kindly request that you refrain from emailing the admin immediately after the 6-week period with inquiries about the status. Your patience and understanding are greatly appreciated.

Thank you,

MIKE

I took my first IT course in 1987 and have been working with IT ever since. Today, I am a senior consultant at Denmark's largest IT company, managing 38 specialized IT technicians.

I copied the text from the so-called Admins and projected it onto a large screen. Everyone burst into laughter because you'd have to search very far to find such nonsense.

I can locate a person if they are on a closed network or if they log onto a closed network via VPN. However, since this is not the case with the many scams developed and run by Mike Poulos, it's only possible to track you down if you use your real name in connection with the email address you registered with Mike in the first place.

So, dear admin, I have one word for your ridiculous threat - BULLSHIT!!!
------------------------------------------------------------------------------------------------------------------------------


We are now approaching the conclusion of this process, and have known for some time that one or more infiltrators, including someone named Rhys, are disseminating update information to certain forums.

This action is in direct violation of the Non-Disclosure Agreement (NDA) signed years ago. If you have any knowledge of the identity of these individuals, please contact the admin immediately. We will then notify the law firm of this breach, allowing them to address it in an appropriate legal manner. Any information received will remain confidential.

Please also note that we have knowledge of all persons who are members of these forums. Don’t think that hiding behind a username and burner email will protect you, there are ways for us to know who you are. These people will also be dealt with accordingly.

It's dangerous to read such an update while having my morning coffee HAHAHAHA Legal team LMAO, and I almost choked on my coffee HAHAHAHA.

These admin teams could perform in any Stand Up Comedy tent, they are truly entertaining on an early Saturday morning.


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Dear All,

We understand many of you have been inquiring about your E-65 records. Your concerns vary from wanting to understand the number of people under the E-65 scheme, to inquiries about the specific amounts you are set to receive, and various other related topics.

As the Administrative team, we want to clarify that we do not hold all the specific details you are asking about. The information related to E-65 records is maintained by our legal team, who are best equipped to address your queries and concerns accurately and efficiently.

Once the lawyers have reached out to you, you will have the opportunity to ask them any questions you might have about your E-65 records. They are experts in the field and can provide comprehensive responses to your concerns.

In light of this, we kindly request you refrain from emailing the Admin team with E-65 related inquiries. Unfortunately, we are unable to provide answers to these questions and, due to the high volume of emails, we are struggling to respond promptly to each one.

We thank you for your understanding and patience during this time.

Best regards,

Admin Team

Below an AI text that Mike has tried to correct and personalize, which is reflected in the spelling errors.

And once again a pile of words that say nothing about anything, just as it usually is. In 5 days and 5 months, it's Christmas and I will send out my usual Christmas greeting and nobody, and I mean absolutely nobody has seen even a Russian ruble.

RV seem also to be a blabla

Enjoy the blabla   I will enjoy my last week in Jakarta for this time.

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Hi All,

This is just a quick update to let you know that the Grams and Gold programs are almost at payout. I had a long meeting with my lawyer on Monday where we mostly discussed the proceedings for the other programs. The wait has been long and arduous and I realise that you have waited the longest.

It was my pleasure to update the NDA clients this morning that their wait is almost over and that payout will start in a couple of weeks once the final accounting is completed and they will shortly receive their introductory emails from the law firm..
For you this means that E-65 is also one step closer.

In fact I am pleased to tell you that all the accounting has been done and all accounts have been finalised. This was a huge job and I am pleased to say it is ready.
However, we still do not have the funds transferred to the lawyers and this will take some time as we have seen with the other program.

Process of E-65 will begin once all the Grams clients have been processed. I cannot give you a time on this yet as it is unknown how long it will take.

Again I thank you for your patience and look forward to updating you further in the near future.

Best regards,

MIKE

It can't possibly come as a surprise to anyone that there is a delay because there has been one since March 1999!

Mike, if you're waiting for the RV and think that the RV can save your sorry ass, then you're 70% dumber than a piece of plywood. The RV is as credible as your E65 because the RV is also a scam.

1 rupiah does not turn into 1 US dollar, and I'm sorry to be the one breaking the news to you.

And to everyone else, there are more delays coming, and even though it's summer vacation here in Jakarta, I have no issues with my Visa/Master Credit Card whatsoever, so that's probably the lamest and most ridiculous excuse (lie) I've heard in a while.

Great holidays to all - also Smelly Fish.

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Hi All,

There has been a delay in the transfer of funds that are for the first phase of payout. Please NOTE this is nothing to do with E-65 nor the Traded Gold.

We have been waiting on these funds for some time and they were due this week. However it seems that there is a delay due to the holidays in the US and here in Canada as well. We are hoping for the transfer to be completed by next week.

This update is for the wider picture and it does not involve E-65 at the moment. The only benefit to you is that once this first phase is done, the lawyers can move onto the E-65 process.

Can you please keep the emails to my Admin at a minimum as they are down with flu at the moment. They already serve you 7 days a week, so I ask for some understanding at this time.

When the first transfer happens, you will be updated soon afterwards. Constant asking will not make it happen any sooner. It is totally out of my control and I have to wait along with everyone else.


My understanding is that the GFM payments will be included in the first phase however I have no information on how this will be approached. You will be updated when the time comes.

I appreciate your patience at this time.

Regards,

MIKE

Funny enough, it suddenly isn't Admin A, B, C, D, E... Å who releases updates for the super busy businessman. 




Dear All,

I hope this message finds you well. Today, I had an insightful meeting with our legal team discussing the developments that took place up until last week.

I am pleased to announce that funds for grams have been authorized for release into the lawyer's escrow account. A dedicated account is in the process of being established in New York, specifically for our funds. This set-up should reach completition within the week.

Simultaneously, another account is being prepared in Canada.

Here's what to expect: All the funds will first be transferred to the US account. Upon receipt, an account sufficient for sending to our US-based clients will be reserved.

The remaining funds will be transferred to Canada, where they will converted into Canadian currency.

Following this, I will receive my advance and head home. The subsequent process is expected to kick off within one to two weeks, based on my understanding.

We have identiied around 10 to 20 individuals from various global locations to monitor the payment process and ensure there are no banking issues.

Rest assured, all requisite documentation will accompany every banking transfer.

Once the funds have been successfully moved to Canada, those who have chosen to receive Bitcoin will have ir processed. The exchange rate applied will be the prevailing rate on the day of purchase and sending.

Our priority will be to process all those who supported me with GFM, followed by clients of grams.vc and former platforms. Please note that this DOES NOT include those who traded gold from E65.

After completing this phase, we will restart the process for E65.

The legal team will be sending out emails to all individuals who completed the Non-Disclosure Agreement (NDA) a few months ago. Those who did not complete the NDA will be addressed following this.

Upon the initiation of this process, I plan to take some well-deserved time off to spend with my family. During this period, I will be unavailable for contact.

Our legal team has agreed to collaborate with my Admin team moving forward and they should be initiating contact soon.

When that time comes, I will be sharing my final update, expressing my gratitude for your patience, and wishing you a brighter future with the upcoming funds.

While there is still work to be done, I am hopeful that my next update will be from home.

Thank you all for your support and patience!

Best,

MIKE

Dear All,

It was a busy week for the law firm as they met to work on the process of funds for the Gold programs. Their meetings will spill over to next week and I hope to have some more news in a few days.

The issues are complex and there is still some work to do.
The funds in discussion are due to be transferred to the lawyers' escrow account in a week or so. I cannot give adate on that as it is unclear just when this will happen. To ensure clarity, these funds pertain solely to the Grams program, NOT the E65 Gold Investment or E65 program.

However, the significance for you as E-65 members is that once the 5 Gold programs are done then they will move onto the E-65 process. As mentioned before, there are only 270 people in the first group, and it should be done fairly smoothly once the lawyers have the funds in their account.  When the Grams clients are paid, the lawyers can then put their full attention to the E-65 program.

Those that contributed to the GFM fundraising will also be paid in this first phase.  This was a life saver for me and my family and I want to thank you all once again from my heart for your support during this time.

For those that have enquired about the repayment of the PLA's that occurred over the years, these will be paid out with E-65 also.

I will mention here that the E-65 funds have been sitting waiting for this time and are not subject to the scrutiny that the Grams program was. They will of course need to be looked at by the powers that be, and taxes taken out, but there will not be this tussle  over the funds that we have had to date.

When the lawyers receive the funds for the Gold Programs, I will be paid an advance while they work on sorting out my entire account. Then the A Listers will be paid and then the Grams and other Gold clients will be paid. I realise all this has nothing to do with you, but I would like to include it hereso that you can see the bigger picture and how everything is progressing.

Once I receive my advance, I will provide one final update before returning home. From there on, the lawyers will take over communication. They, like myself, are likely to appreciate your continued angagement and open lines of communication with my Admin Team. However, please do not flood the Admin with questions at this time. There is little more they can tell you apart from what I have shared above. We do not have a timeframe for the payout of E-65. It will be a big job and I have signed this over to the law firm to complete.

They have done an amazing job so far even though it may seem to be at a snail's pace.  it is moving toward to completition. I don't expect too much government interference with E-65 and the only mitigating factor now will be the complication of circumstances by you the clients. I know they are many and varied and the lawyers will need to meet all your needs which is going to take time.

I want to thank you for your patience over these past years and I know that it has been a long and tough road for all of us.  But I see no reason now that this program will not reach a conclussion. The order of payout was not my choice and had to be done this way for legal reasons. I know you the members have waited the longest and it seems unfair that you and you are the last to be paid. However, your patience will be rewarded.

I will shortly be putting up an invitation to join the program I introduced a few months back. I have mentioned to you before that I would introduce a couple of programs for those interested and this is one of them. This could be a way for some to have an investment that will tide them over until E-65 is complete and be a great passive income for your funds should you decide to reinvest once you are paid.

There will be more on this shortly.

I will give an update once I receive my funds and then the lawyers will be handling all the process and you will be contacted when they are ready.

On another note, the Admin will shortly be deleting the Bullion Channel.  THis used to be made up of the E-65Traded gold clients nd the Grams Gold clients. It became too confusing now that these are very separate programs and some time back, we created a new Channel solely for the Grams clients.

As the E-65 Traded Gold clients also have their Ex-Foundation channel for updates, we feel that the Bullion Channel is no longer needed.

I am looking forward to full resolution to all funds and thankyou again for your patience.

Regards,
MIKE

**************************************************************************************************************************

Hi All,

As promised, below is a program update for the AI project I started a couple of months back. The last time I put this up on the Channels it caused a lot of confusion and many thought it was not from me. Well, it was from me but the presentation was written by an AI.

Since then a number of members have joined the program and are already enjoying their monthly payouts. Some of you mentioned that you were confused as to why I would be promoting another program when payout is close to starting. The thing is, I don't need the money but I just want to share with you something that is working and paying so that you can join this now with a view to the future when you may be looking for an investment for your funds that is safe.

Last year I said that there would be some oportunities coming your way that I would share with you. This is one of them. That is all there is to tell. These types of projects interest me and it gives me something to do to fill my day. There may be more in the future.

You are not obliged to do anything and I understand many of you are strapped for cash at the moment, that is fine. You can join up after you have been paid. Totally up to you. The only requirement will be a basic knowledge of how Bitcoin works.  Further help with wallets and transfers can be provided on asking.

Please read below.

Thanks
MIKE


**************************************************************************************************************************************************

If you[re intrigued and haven't yet become a memberof btci.cx we have a unique opportunity for you.  Any new members joining without a referral will be strategically placed under an existing member.

Our system operates on a time and date basis, meaning we'll assign the most recent joiners under the earliest ones. However, we prioritize those who have already invested in BTCi.cx.

Please note, there's no obligation to join or invest. This information merely outlines our method of assigning new members to existing ones, specifically for those without a referral link from another client.

The reason we're presenting this opportunity now is that once the payouts for grams and E65 are complete, you'll have the chance to reinvest some of your earnings from these two programs.

The minimum investment is 0.005 Bitcoin, which is currently worth approximately USD $130. One of the unique features of BTCI.cx is its investment structure. For instance, if a member invests $10,000 in Bitcoin,  they receive a 15% return. However, if someone they invite invests more than they did, they'll receive a 10% return on their invitee's investment up to the first $10,000.

You're free to refer others at any time, but keep in mind that if you haven't invested, you won't receive any returns from the investments made by your invitees.
Remember, you have the freedom to reinvest your earnings or contribute more at any time.

All earnings are paid directly into your wallet. If you're ready to join, there's no need to invest immediately. Simply sign up, and if you encounter a payment page, close it and return to the site. You'll then be able to log into your dashboard.

If you do decide to invest, you'll be given priority over new, non-paying clients without any investment deposits.

To register, simply visit btci.cx navigate through the website, and complete the registration process. It's that straightforward.

Thank you.
MIKE

I don't know exactly what's going on in the minds of criminals like Mike Poulos and his so-called admins.

It's as if they've completely forgotten the history and chronology. When you read the Q&A, you see that, first of all, nobody is asking about what started it all, namely E65 and the many Endovent insurance policies that were to be issued in the member's name and cashed out 6 weeks later. I wonder why neither members nor the criminals address this first. And why is that? Simply because E65 is the entire foundation of all Mike Poulos scams. If the members (around 100,000 at the peak of E65) hadn't contributed 5 USD per person, there wouldn't have been funds to buy worthless debit cards which generated a huge profit, some of which was used to develop the ComShares scam.

Admin Dumbass and G-man seem to NOT know a thing, and, like so many others before, Mike Poulos tell them what to do and say, and I doubt they realize that spreading lies and false information is punishable everywhere.

A ton, and as usual, completely useless reading material, not even one comma can be fact-checked. A sentence that repeats over and over is "The attorney will provide this information", but there isn't a soul alive who can verify if there is actually a law firm, and why should an attorney be used? There are NO E65 policies and therefor no insurance company, as mentioned over and over again, E65 is the beginning of it all.

If Mike believes in what is commonly known as RV, which includes Iraq and their budgets and which will make the Indonesian rupiah worth a lot of money (today 1 IDR = 0.00046 USD), those who believe in RV think that the rupiah will rise to at least 1 IDR = 1 USD, should seek medical attention immediately, but that's about the only way Mike Poulos will be able to pay back all the millions of dollars he owes to members around the world.

In my best conviction, Mike is in Canada to secure a retirement pension and once that's in place, we'll see Mike return to Bogor - if he dares, as there are still many people looking for him due to his last scam. The next scam is about AI :-)

In closing - I will still wish all a Merry Christmas and a Happy New Year i December 2023, where none have recieved a dime!!!!!!!!

--------------------------------------------------------------------------------
UPDATE MAY 25th 2023

Dear Clients and Members,

Below you will find the long awaited FAQ page.

Please be aware that this is the most up to date information we have for
the questions that you have asked , however these may change in the
future as we move forward. For ease of reading, I will post any changes
to questions separately so that you can see at a glance which questions
have been updated. You will notice that many of the questions have the
answer that the Attorneys will give you direction when the time comes.
This means that we do not have a specific answer to your question but
the Law firm will be able to help you.
More questions and answers will be added as we continue toward closure
of the first phase of the payouts, namely the Bullion clients. These are the
clients involved in the five gold programs already spoken of.  E-65 and the
Traded Gold program will be addressed after the Bullion payments have been
made.  We are still waiting on word of the arrival of the Bullion funds to the
Lawyers escrow account.

I will update further when this has been accomplished.

Kind regards,

Admin D


Q:  I live in Singapore. Do I need to declare this income on my personal tax returns? If so, is there a specific form to submit for declaring this amount, or should it be included as part of the lawyer's fee?
A: It is essential to declare all income for tax purposes. The attorney will provide the necessary documentation to facilitate this process. 


Q: How can I determine the amount I should receive and the associated expenses? 
A: The attorney will provide this information. Regarding fees, they will typically amount to 10% of the sum you are set to receive.


Q: Will my payment be in USD?
A: You will be paid in your local currency unless you opt for Bitcoin.


Q: I contributed to Mike's 100x fundraising campaign. Will this be paid out concurrently?
A:  Donations will be disbursed when Mike receives his full payment for the Grams program. Additionally, any PLA will be paid after Mike receives funds from E65.


Q: As a European Grams member, can I consult the attorney for advice on a secure bank where I could open a new account to receive my Grams payout, given that my current bank is at risk of collapsing?
A: The attorney will be able to address any banking-related inquiries.


Q: When our investment was transferred to Grams, we initially requested a $2,000 withdrawal from the previous trading platform, but the withdrawal never came through to our account. Will this amount be included in the payout?
A: Yes


Q: I am planning to change my address and bank account.  Will this cause any issues with the Grams payment?
A: As long as the attorney can still contact you through email or other means, they will be able to assist you with these changes.


Q: How can individuals with pool accounts in Grams access their funds?
A: Those who have pool accounts or accounts under someone else's name can have their funds transferred directly. Since the names are already listed in the pool accounts, anyone with pooled account will be contacted by the Attorney.    They should inform the attorneys of their situation so that they can make arrangements for the individuals to receive their funds.


Q: Our family group has multiple members sharing one email address, physical address, and phone number for privacy reasons. We currently have 2 Ex Foundation accounts and 2 E65 accounts.  Can we handle the entire group collectively instead of individually when the time comes?
A: Each person must be addressed individually due to legal and tax considerations.


Q:  I donated to Mike. What about taxes?
A:  Concerning the repayment of donations, whether in fiat currency or Bitcoin, any tax-related matters can be addressed by the attorneys.


Q: Will any of the foundations continue to operate?
A: Regulations regarding foundations have changed globally. Individuals with a foundation will need to consult with the attorneys, who will provide guidance on the appropriate course of action.


Q: Can I receive payments in different banks or countries?
A: Please discuss this matter with the attorneys


Q:  Do I need to pay taxes twice?
A: Some countries do not have tax treaties with others. Taxes will be paid to the IRS in the USA before any funds are disbursed, and documentation will reflect this. If your country imposes additional taxes, there may be little recourse; however many countries have treaties that prevent double taxation.


Q: What about E-65 payouts?
A: All funds from E65, including the Traded Gold program and regular program, will be disbursed simultaneously. Once the attorneys have completed the Grams payouts process will begin with on E65. 


Q: I have lost contact with some individuals. Can I receive their payouts?
A: Payouts can only be sent to the intended recipients. Exceptions include cases where the intended recipient has passed away and you are the beneficiary, or if you hold power of attorney for the person in question.


Q: I owe back taxes. What can happen?
A:  Your tax authority may directly deduct the amount from your account or place a lien on your account for any outstanding back taxes.


Q: How should we declare the funds paid to us to the tax authorities? Will we receive documentation for tax purposes?
A: You will be provided with all necessary documentation related to taxes paid. Any issues you may encounter in your country can be addressed with your bank or tax office.


Q:  When will the law firm contact each member?
A: Once the funds are in escrow with the law firm, they will begin contacting members and clients. The timeline for this is currently uncertain, and initial contact will be made via email.


Q: I got married and chnaged my last name. How this will impact the process?
A: Inform the attorneys when they contact you and have supporting documents available.


Q: Will we be paid by cashier´s check or will the money be wired to our personal account?
A: Payments will be made through bank transfers or Bitcoin.

Q: Will all the funds be distributed at once?
A:  The attorneys will determine  and implement the most efficient method of distribution.


Q: What are the payout amounts for each different level?
A: For regular policies, the payout is USD $20,000; for key policies, it is $200,000. Referral payouts for regular policies across five levels amount to $1,000, while key policy referrals result in $10,000 payouts 


Q: Are all the extra policies that we purchased still valid and payable?
A: Yes


Q: Will there be time provided for those under us who haven´t submitted their video KYC details to complete the process?
A:  Everyone will have an oportunity to complete the KYC process. However, those who have not done so will be placed at the end of the line.


Q: I made multiple contributions with the understanding that I would be among the first to receive payouts. Will consideration be given to those who were promised early payouts in return?
A: Mike has provided a list of individuals who have offered assistance, and these people will be prioritized in the initial payment batches


Q: Will our anonymity and personal information be protected from our respective country´s authorities through the Ex Foundation?
A: Privacy can no longer be guaranteed in today´s world


Q:  In Sweden, as well as in many other countries, it is necessary to inform our banks when expecting a large sum of money. When should we do this, and what information should we provide to our banks (e.g. the source of the funds and the reason for receiving them)?
A: Inform your bank in advance of the incoming funds, providing them with relevant details about the source and purpose of the funds. The specific information required may vary depending on your bank´s policies and your country´s regulations. so it is advisable to consult with your bank for guidance


Q: I hope we receive the necessary information in time to submit it to our banks
A: Most countries operate in this manner, and all required documentation will be provided for you to submit to your bank.


Q: I am in Canada. Can I be paid out to a Credit Union, or do I need to have a regular bank account?
A: As long as your credit union has a SWIFT code, there should be no issues with the payment.


Q: Mike mentioned in 2022-01-24 video that there would be a website for updating addresses and email addresses. What is the current status of these plans? How will members safely update and verify their personal information?
A: All updates and verifications will now be handled through the attorney's offices.


Q: Will there be any wealth management assistance offered after the funds are disbursed?  Some individuals may be overwhelmed by the sudden influx of money
A: For accounts with significant amounts, such as $10 or $25 million USD or more, wealth management assistance is likely to be offered


Q: What happens in the event of a data breach?
A: One reason Mike has not disclosed the law firm's name is to maintain the safety and security of all parties involved. The law firm is expected to have appropriate data security measures in place.


Q: Who are the Admin and why do they only use an initial instead of a name?
A: Mike has insisted that the Admin do not use their names for their own privacy. They are Business Management Consultants and have years of experience in this type of work.

So many words and so little substance!!
As usual, a lot of hot air, nothing concrete, and no documentation for the usual blah blah blah.




Dear Clients and Members,

We had a very good and productive meeting with Mike yesterday morning for around two hours.
We have not had a chance to catch up over the weekend following his visit to the law firm´s office, so it was nice to get some news.

Mike wanted me to update all channels together so that everyone can see the bigger picture here.  He wanted to share with you the reason for the delay in the transfer of funds from the Wealth Management Bank to the Lawyers Escrow account.

It seems the IRS was making another play for the funds and decided that Mike owed a further 25% fee for late taxes.
For several days it seemed that this would mean further court work to fight this absurd new penalty.
Thankfully the law firm was able to move swiftly and point out that all taxes have been settled and there should be no more to pay at all.  MIke spent a few tense days before finding that the IRS had finally backed off. It has now been dealt with and he currently awaits news of the transfer of funds.

Can I remind you this is a large sum of money, and it is not the push of a button type of transaction.  Moving large amounts of money is complicated, especially out of the US: Getting funds from the US to Canada is going to be a challenge and Mike has just to let the lawyers handle the situation. There is a small concern that the US will find fault with something else that will delay the transfer.  We really pray that will not happen.

This transfer may take a little more time and Mike does not want to contact the lawyers too much while  they do this process.  Mike said that the final item on the agenda will be when he is summoned to the Law Firms head office to sign off the distribution of the funds. This will be a very momentous date and will be one for great celebration.

Once it is done it will be huge news and we wait with great anticipation for this to happen. But for now, he has to wait some more and hope and pray the funds get through so he can get his advance and then make his way home.

This will be followed by organizing the first people to be paid out. This is a small group of people that are first on the List and there are only about 7 people involved.

We have been told that the GFM payments will be paid out after Mike has his full amount paid. These payments are not part of his advance, which will only be enough for him to go home.
Then the Bullion investors will be contacted. I will update again before this happens to make sure you are ready to watch for the emails. I do not yet know what the process will be but by then we will have made contact with the lawyers.
Mike spoke on our behalf at the meeting and authorised them to contact us which will happen in due course.

As a matter of interest, Mike shared with us about a year ago who the law firm is, where they are and who the agent is that Mike deals with.  We have seen correspondence from his lawyer and have never had reason to doubt Mike in anything. That said we are not privy to everything that goes on.  There is a lot that Mike cannot share as he has a Non-Disclosure Agreement with the lawyers as well. This is fine with us, and we are told wath we need to know.
My partner and I are here for you the members, as a go between to Mike as he cannot possibly handle all the enquires himself.  If we can lighten his load a bit so that he has the headspace to deal with the law firm, then that is better for all.

Both Admin G and I are Grams and E-65 members, so we are just as keen to see this project done as everyone else.
I would also remind that this is the Bullion funds we are talking about here from the five Gold programs. This is not E-65 funds nor the Traded Gold. Some people have mistakenly thought that the E-65 payout will begin immediately following the arrival of the Bullion funds.  It will not, and I need to ask for your patience while we get this phase done. The process may begin fairly soon but there is much to be done first.

We have all watched and waited and seen how this first phase has taken all this time for a much smaller amount. of money and for only 270 clients.  E-65 is really a large fund, and I am sure it will present the lawyers with its own set of problems given the age of the program and the different circumstances under which it started. There is nothing as we as admins nor Mike can do to change how we do forward. I know some of you will not be happy to hear this, but my inbox fills every day with questions from members that think their E-65 money is only weeks away. It will happen, but no one can tell you when. Not I, nor the lawyers nor Mike.

I know many of you are in dire straits but there is nothing we can do. Again I get a great deals of emails from those doing it tough or in need of funds for some emergency and my heart goes out to you all but it is plain to see that no one has given more nor suffered more than Mike in all this. The E-65 program has to follow process and will be a monster of a job.

That said the lawyers have certainly been on a learning curve themselves in sorting all this out so maybe they can fast track things. I really don´t know.
You will however have some gratification as you wait once you see the first clients paid out.  This should give you some hope that things are progressing.

Just to give you an idea on the complexity of E-65 I will give you some numbers. There are 15,851 active members. Many of these membres are no longer contactable due to emails bouncing. 4,032 members have registered on the Google forms and to date 1,221 are registered on the Channels. Those members that are contactable will be processed first but I do not know what the lawyers will do about the rest. It will be up to them to decide.

Even the 4,032 members on the Google forms are going to be a large job to process. Each of you have a dozen questions and a dozen different circumstances since you first joined.
Everyone will need to know what to do about family members that have passed and where is the best place to put their funds and the list goes on.  It will take a team of many people to process all this.

The FAQ has been waiting for this update and and will now be completed and should be up in the next few days. I just need to add a few more items to it.
I hope it will ease the amount of questions that I get that I cannot answer regarding E-65. All is in the hands of the lawyers, and I cannot help you.

Thank you all for your patience as we wait to get through this first phase.


Warm regards,

Admin D

Hi Mike, 
I hope you see this article, even though it's in Danish, but then you can use Google Translate or an AI solution.

In short, I expect you to remember your own idea that anyone who lost their SIM mobile phone should receive an identical replacement within 24 hours through an insurance agreement.

That was in the year 2000.

But, as with all the other ideas you came up with, you didn't have the patience to mature and develop the concept. If you had done as I recommended, you would be extremely wealthy today, instead of a washed-up and failed swindler.

Just follow through with one of your ideas and don't worry about creating profit in the first 5 minutes. Let the idea mature, get it developed, tested, and ultimately realized. However, it may be a bit too late as you approach the expiration date.


Mikes idea in year 2000