GNI Newsletter October 30, 2009
Greetings once again to our loyal Clients, Customers, Affiliates and Friends of GNI:
While it has been several weeks since we have last corresponded (via our Newsletter), do not think for a moment we have been idle in our plans / planning and activities as we look towards 2010. As these plans become finalized, they will be announced; not however, before!
1. Malicious Email
There has been a recent development that requires EVERY member's immediate attention, without which could have dire consequences to those who fail to heed these words.
There has been (an) Email(s) sent to an unknown number of our clients, with the distinct likelihood more will be sent in the immediate future. This email, fraudulently endorsed by Robert (Spearman), entices the target member to open a link contained within this email, should they wish to view electronically, information previously deemed "protected" by strict Non-Disclosure nomenclature contained within Bi-Laws and Terms of Service.
This(ese) email(s) are neither written, authorized, approved or substantiated by Robert or any other Principal, Associate or Employee of GNI or its affiliates.
It is further believed, should this link be engaged (opened), the probability of compromising the integrity of the target computer is high for malware, spyware or Trojan Horse type viruses.
DO NOT OPEN THIS EMAIL !!!!
If you have opened this email and / or link inside, you MUST take immediate action to mitigate or repair whatever damage has ensured as a result of your actions. What action you take will depend on your own personal level of technical expertise.
Please DO NOT consult GNI Support for direction or advice pertaining to this matter. They DO NOT have the requisite experience or expertise to recommend the appropriate "Fix" to the problem.
2. New Script
I know many of you are anxious to become acquainted with the new script previously scheduled for Community-Wide Release on October 17th, 2009.
Nobody is more anxious to get the new script up and running than myself and those support people who are working hard to provide a quality program to the community at-large.
Nevertheless, we made it clear from the start, we would not release a product until such time that we are confident it is free of errors, system glitches or other potentially show-stopping issues.
One of those show-stopping errors was recently identified and a fix/work-around is, as this is being written, being orchestrated, tested and prepared for in inclusion into the source code of the new script.
Assuming there are no developmental issues that manifest, it is our intention to bring the new script live during the first weekend of November 6/7. If it is not possible, than the following weekend (November 13/14) will be the new implementation date.
We'll keep all advised as is appropriate.
3. Bank Wire Withdrawal
Needless to say, our current banking issues have become increasingly more unacceptable for clients and staff alike. Despite these meetings and discussions, the impact it has in promulgating change has been negligible, at best.
The only viable solution we think will correct this matter will require us to severe our business relationship with Yesilada Bank.and take the necessary steps to find a sustainable replacement bank for our client community. We are in contact with two banks, both of whom have appeared to find our business model acceptable; would be willing to open corporate accounts for us.
It is anticipated that the selection/approval process will conclude within 30 days at which time we will be able to process withdrawals in the 2-3 day time-frame we originally expected.
We are aware of some pending withdrawals, not yet processed, but have been debited to our account. Yesilada has agreed to inform their correspondence bank(s) and credit our account.
This may take between 2 and 5 banking days, according to Yesilada. We expect to have the first canceled transactions back in our bank account at the beginning of the coming week (Tuesday latest - again according to Yesilada) and will credit members accounts as soon as the funds hit our bank account. This is the only viable way to reconcile these accounts. As soon as we credit your account with the refund, you may immediately request a withdrawal to your payment processor of choice, until such time the new bank has assumed its rightful position.
We apologize for this situation having found ourselves at the mercy of others whose commitment to Customer Service does not agree with ours. We have now taken proactive steps to correct the situation but ask our loyal clients to be patient until we work out all transactions accordingly.
4. Direct Transfer from Payment Processors
Of late we have found an inordinate amount of payment processor transfers which are being originated direct from the PP site, instead of your GNI back office.
Because of the additional work necessary to properly post these transactions, the fact that our request that all transactions be initiated in clients back office to be completely reasonable, we have decided that any deposits made in this fashion will be returned to client unfulfilled.
Consider yourself having been put on notice those of you who refuse to comply with Support's request to make this seemingly reasonable adjustment.
5. Daily Rollover Plan
The decision has been made to enforce a decision which was made in May, 2009. To be eligible to participate in the GNI Plan, a client MUST have, on account, a qualified deposit of $50.00 in the Weekly Plan. We modified this back in May to accommodate those members in the Daily Variable Plan who wanted to stay with GNI, the opportunity to save their earnings so they could enter into the Weekly Fixed Program. It has now been six months since relaxing our minimum deposit requirements. The time has now come to reinstate our program requirements as outlined above. You will have 30 days from the time the new script is implemented to enter into the weekly fixed plan or withdraw your funds; after which your account will be frozen and the refunding of which will be taken on a case-by-case basis.
6. Change of Sponsor
As is clearly stated on our sign up page, change of your GNI sponsor is not permitted. If you forget to name your sponsor - that is unfortunate. There must be a compelling, verifiable reason given to Todd or myself. Opening a new GNI account to circumvent this rule is NOT PERMITTED!
7. Charitable Holiday Project
We mentioned back in September that GNI would be looking to team with its membership in support of a very worthwhile charitable organization. We are working to finalize this decision but will only endorse a program which is transparent, has low overhead expenses (ensuring a high percentage of funds actually supports the charitable aspect, NOT the administrative) and whose purpose is devoid of political overtones.
We hope that all of you, like us, will get excited when this is announced.
Once again we thank all of you for trusting us with your very hard earned investment dollars. We have, of our membership, an increased level of expectation that we work as a team. It is our clients expectation that we provide the promised 6 % a week, in return, it is our expectation that clients understand that it is a privilege to be part of a program such as this. If there is a mistake or funds to a client's account has been posted improperly, we ask that you work with us. If we owe back interest, we'll pay it - if we don't, we won't. In all situations, however, we strive to be the best we can, when we can and thank all of you for your support.
Have a great weekend!
Robert and your GNI-Team
