ArcherTradingLtd game over

Something that came as a huge blow to many of us today was the missing payments from ArcherTradingLtd.
Many of you noticed that the members’ area of Archer website is currently available to members ,but that no payouts were made yesterday.
If it had been a technical problem the admin would have surely updated us about that by now. This only makes me think that the program is gone.
I would like to warn you from depositing into Archer until we get some news from the admin as you still can do it from the main page.
To say that I’m disappointed with this outcome would not be an understatement.
Archer was really very fast with all the support requests and queries which definitely attracted many members to the program.
In addition the site’s design and script was good and so I don’t see the reason why she had to stop this successful program.
Archer has been running for more than 9 weeks so only those who joined in the very beginning should be in profit by now.
I’m terribly sorry for those who lost money as I genuinely believed in the admin’s good intentions up until yesterday.

GNI last update

Topics to be Addressed:

1. Refund Status and Tentative Repayment Date

2. Refunds for the Deposit Repurchase Program

3. The "New" GNI

4. Smear Campaign

*****

Greetings to all GNI Friends:

1. Refund Status and Tentative Repayment Date

We have received quite a few applications for refunds; over 1700 to date and this campaign has just begun. This is a HUGE effort requiring a very specific skill set, fair review of all applications and most of all consistency from one Refund Application to the next. Therefore Todd and Debbie will be those GNI people working diligently to get these done in a fashion described above.

To ensure fairness amongst all of our customers, an appropriate amount of time to procure the necessary funds and to take some of the pressure off of these two, I have decided that all claimants will be paid their due refund within a very few days. This should take place between May 15th and June 15th; perhaps sooner, depends on how quickly they are able to process these refunds.

This is not to avoid paying owed refunds, it is to ensure fairness to those who are owed funds, it is to ensure we have adequate time to obtain the funds while subscribing to the notion of fairness to our traders and bookies. We ARE NOT going to RUN!!!

During this process, I have asked Todd to provide to me a weekly status report which will be in my in-box on Monday morning (GMT). In this report will be:

A. The number of Refund Requests Made to Date (number of Tickets)
B. The number of Refund Requests Completed and Ready for Payment (within + or - 10% of claimants expected amount)
C, The number of Refund Requests Completed but not Ready for Payment (outside of the 10% parameters)
D. The number of New Refund Requests not previously received from the week before
E. Anything else worthy of reporting

If it appears that our self-imposed deadline will be missed, appropriate action will be taken in a timely manner to reduce the probability of any delays.

PLEASE NOTE: Refunds requests need to be posted in a support ticket at http://gniforum.com/gnirefund/ ONLY. Refund requests send to ANY of the know email addresses can not be honored and will be deleted upon receiving.

2. Refunds for the Deposit Repurchase Program

Refunds for those who submitted funds for the purchase of other member's deposits will be refunded by weeks end. If you have not received your refund by Friday afternoon close of business (COB - GMT), please send me an email (goldnuggetinvest@gmail.com). Please be very specific when making this request; should include ALL transaction information, the deposit information of the GNI User which you were preparing to purchase and any other relevant information you feel will help facilitate my issuing of your refund. Your assistance helping me with this It would really be appreciated.

3. The 'New' GNI

I am continuing putting together the New GNI, while remaining cognizant of the refund program. As you know, we cannot combine the two programs. We must, however, keep our traders busy or we jeopardize giving up their unused capacity to other Arbitrage Programs. More on this shortly.

4. Cyber-Smear Campaign

It has come to my attention that a comprehensive smear campaign has been launched against GNI, targeting Todd for he chose not to disguise his personal details. Much of the past 11 years of his on-line history is now an open book. Needless to say, none of it is presented in a positive fashion. He is receiving a constant barrage of life-threatening, evil, disgusting emails involving bodily functions and other horrendous acts.

These threats have resulted from the current state of affairs of GNI.

I am here to support and affirm some very important facts, concerning Todd and his role in GNI.

First, was Todd a member? Yes, of course he was; one of our very first. Several months ago, before our troubles, he sold his membership back to the company for a bit less than 33cents on the dollar.

The reason for this was to avoid any potential for a conflict of interest. He could not, nor could I rely on his objectivity so long as he had funds in the program

Second, did Todd receive referral commissions? Yes, for certain, until the end of Spring last year. He also offered to split the commission with his down-line, 1/2 back to the purchaser, the other to charity (on the larger amounts). None of which he was asked to do nor am I aware of any other offers made by any of our up-line referrers.

In the beginning of summer his referral base was starting to grow. It was obvious, many subscribed under him hoping to receive preferential treatment, which is not an unreasonable expectation, but not in the best interest of the program nor the non-referral customer base. Todd asked, and received my authority to split his commission amongst the staff members of GNI. He was permitted to place his user id for new members coming into the program without a sponsor, as the up-line referrer. In a couple instances, the member did not want any sponsor receiving commission. In this case, Todd removed his user ID and the commission restored to the general fund. This was a great motivating tool and cost the members and the principals zero.

In this on-going smear campaign it is alleged Todd has stolen funds from the members for his own benefit.

I am here to proclaim, Todd does not now, nor has he ever had access to GNI Payment Processor accounts (PP), E-Currency, Bank Wire, Bank, Deposit, Receipts or Withdraws of Members, Trader, Principal or anyone's funds other than his own. Even if Todd wanted to, he couldn't gain access to any funds that were not otherwise his and his alone.

Unfortunately, the same cannot be said of far too many of our trusted members who engaged in serious referral abuse or other fraudsters which continue to 'hang around' the GNI site, waiting to steal money, resources and most of all steal the energy out of someone so important to the success of the program.

Todd has been an asset to this program and to all of our member base as well as to me and the principals of GNI.

Those of you intending to hurt Todd, consider yourselves having been successful. Records on the internet become permanent. You have placed him in danger without knowing the facts!

Thank you,
Robert

GoldNuggetInvest Newsletter - Refund Requests Clarification - March 15th, 2010

Greetings GNI Customers:

This mini-update will attempt to address some of the current issues and concerns you may have about the refund requests....

I have been working with Debbie to try to set this up properly over the last few days and now think its getting close to being correct.

1. The link that was specified in the previous newsletter to access the Ticket System for Refunds was incorrect. The correct link is....

http://gniforum.com/gnirefund/

Be sure to include all the characters

2. If you have not cut and paste a fully completed Application for Refund, one will be provided to you when you receive an automated (system generated) response to your initial opening request. If you have already completed, by means of Cut & Paste, a Refund Request Form, please edit out the form contained within the ticket.

Included in this response which is forwarded to your email will be your new ticket number. This ticket number stays with you throughout the duration of your claim.

3. Be clear with all your responses. The clearer you are the faster this will go.

4. These refunds have to be confirmed, verified and then approved. This is a tedious, brain-draining process so please have some patience.

5. The first several hundred (somewhere between seven hundred and eight hundred) refund requests, due to a programming glitch, did not send, in the automated response, your ticket number. Do not be concerned, we received it, and a number was assigned to it....Please do not send a follow up ticket asking what your ticket number is. If you need to add additional supporting information, go to the forum and send a PM to GNIChyk who will ask your name and other confidential information you supplied in the refund application. She will then give you your ticket number.

6. If you do not understand some aspect of the process, go to the forum where it is discussed in detail FIRST. If the issue you ask is easily and readily available on the forum and it is clear you have not attempted to find this information out for yourself....there will be no choice but to return your ticket....This is out of consideration for your fellow member. If it's not clear or if several members seem to be having a similar issue, a mini-newsletter will be forwarded to the community, such as this.

Thank you for your support....

GoldNuggetInvest Newsletter March 12th. 2010

Greetings to the GNI Community:

Topics to be Addressed in this Newsletter

1. Robert and the GNI Response(s) to the Forum Community

2. Timelines for the Liquidation of GNI

3. New Dedicated Refund Support System.

4. Request for Refund Form and Guidelines

5. What will the Future Hold for GNI

1. Response(s) to Comments Made in the Forum

Consistent with our announcement earlier this week, GNI has closed its operations and a call to our traders has been made advising them to send forward the funds required to ensure our members who are not in profit, will be made whole.

I have taken some time to go through the forum to not only read, but digest some of your comments made to me, at me or about me (and the GNI Team).

Some of what was written, given the level of effort, work, time and resources; taken from me, my family and my life, with the often stated intent to help those people try to have a better life, has been EXTREMELY difficult to endure.

I have been called a liar, cheater, thief and many, many other fine names because the program cannot sustain itself in its current state.

Our restructuring came too little, too late. The reason for this was simple. I wanted, to overcome the adversity without having to modify the program. We were led to believe the funds which were frozen, would be released. Had they at any time up until the end of December, we wouldn't be having this discussion now.

I gave all of you, EVERY SINGLE member in this project, 100% of my best effort. It wasn't enough; and because it wasn't, we are considered by many of you, who have made thousands, tens of thousands of dollars; to be disingenuous, evil, liars, and whatever else you feel like lobbing at me.

Instead of counting your blessings and your good fortune, you have become spiteful.

I would appreciate for a moment if we could reflect on something that has been the motivating factor that drove GNI to its one-time pre-eminence of the on-line investing community. What I am referring to was the call to arms we made during the Holiday Season.

Since early fall, we made very clear the need for the GNI Family to share some of their good fortune with two charities selected on the basis of need and impact we could make as a cohesive group. In December, when it was time, we made it easy for all to participate. It was our opportunity to proclaim our concern, not just for financial gain but to help those who were unable to help themselves, orphaned children in Africa, or those stricken with AIDS.

The total turnout, 4.5% !!!

For those of you who struggle with math, it means, despite our requests for your help, 5 out of 100 GNI participants stepped up to help others. Ninety-five out of one hundred (95 out of 100), did NOT. Some had your own causes that you supported, but the majority of you DID NOT.

Given these statistics, I am compelled to ask those of you who feel I am less than honest, have you taken a moment to look at yourself? When I asked for your help, not for myself, but to help keep children from starving to death, where were you? What have you done for your fellow man?

2. Time-Frame for the Liquidation of Goldnuggetinvest.com

To conclude GNI in a manner that is both timely, but will allow for those members who are out of contact, or otherwise unable to establish communications with any GNI associate, Applications for Refunds will be accepted until May 15th, 2010. We'll start accepting applications as from Monday, March 15th, 08:00 GMT. Before that date and time the given link for the refund support desk will be disabled.

We believe we can reconcile and refund the bulk of the undisputed refund requests within thirty days after the May 15th, 2010 deadline. Much will depend on the GNI member to properly complete the refund application in an organized and honorable fashion. Let it be known, any member who tries to obtain funds in a manner that is fraudulent, will have his or her refund placed at the end of the stack and will be gone through when all else is completed. An evaluation will be conducted and a decision to return any funds will be made at that time.

It is our intent to refund all of those customers entitled to receive one. Please DO NOT jeopardize our obligation and your right to receive funds you are entitled to.

3. New Support Desk Dedicated to Refunds Only

To better stream-line communications between the membership (who is entitled to a refund) and GNI, a new Support System will be installed on the same server which hosts the Forum.

(VERY IMPORTANT). Unlike the previous support desk, each member will have one ticket ONLY which will support their Claim for Refund throughout the process. This support system is for REFUNDS ONLY. It is not to be used to express an opinion whether you like or dislike the program, staff, the various PPs or anything other than your refund. The help desk will have the capability to transfer information including your Request for Refund which is contained at the end of this Newsletter, to and from the appropriate staff assisting you with the refund. Any extraneous comments, requests or admonishments will be discarded without comment.

You can find the Refund Support Desk at:

http://gniforum/gnirefund

4. Request For Refund Claim Form

Following this Newsletter you will find the Application for Refund of Principal from GNI. Please complete this form as follows:

1. GNI Username/acct # This is to be filled out by GNI User (Claimant)

2. Date GNI member joined the program: This is to be filled out by GNI User (Claimant)

3. Total Amount Expected from Refund: Claimant is to total all PP transfer of funds made into GNI. From this total, subtract the total amount of PP transfer made from GNI to User's PP account. If the difference is a positive number, enter it here. If the amount received back from GNI exceeds the amount transferred to GNI, you do not have a valid claim and no further action is necessary.

4. Requested By: Claimant needs to Place their name in this field.

5. a-c List Refund Payment Processor & Account # in Order of Preference: Self Explanatory

6. a-f Total of ALL Transfers INTO your GNI Account From Each PP / E-Currency Used: Claimant shall total all funds transfers made from each PP and place it here

7. a-f Total of ALL Withdrawals/Cashouts From your GNI Account INTO Each PP Used: Claimant shall total all funds transfers made from GNI back to each PP and place the total here

TOTAL_____________________________ TOTAL____________________
Add 6a - f and put the total here. Add 7a - f and put the total here


PLEASE LIST EACH TRANSACTION REPRESENTED IN YOUR TOTALS ABOVE, IN THE FOLLOWING MANNER....
(List according to Payment Processor)

1. Payment Processor 2. Date 3. Amount 4. Transaction/Batch ID#

This is self explanatory.

Assuming there are no significant discrepancies, those funds in which there is an agreement will be:

1. Verified

2. Re-checked and confirmed

3. Submitted for payment

If there is a disparity between what claimant thinks is owed and what GNI think is owed, it will not hold up the payment of funds. For example, claimant submits a Request for a Refund totaling $35.00, GNI completes their review but finds that claimant is owed $25.00, not the 35.00 as submitted. GNI would authorize payment on the undisputed 25.00. Upon conclusion of all payouts, GNI would then take a further review, with claimant and attempt to resolve the matter. It is not anticipated there will be any open claims after concluding this liquidation.

5. GNI's Future

It is now often asked, what will become of GNI? At this juncture, all that is important to know is there will be a GNI. It will consist of a group of clients who know honesty when they see it and integrity when they feel it and an opportunity when they smell it. Not often does a situation like this come along. Only serious investors welcome.

Robert and Team

***

Application Form (Please copy and paste the entire form into your request ticket at http://gniforum/gnirefund):

Application For Refund of Principal from Goldnuggetinvest.com

1. GNI Username/acct #__________________________

2. Date GNI member joined the program______________

3. Total Amount Expected from Refund_______________

4. Requested By_________________________________

5. List in Order of Preference--Payment Processor & Account # to send Refund

A. PP________________________Acct. #______________________

B. PP________________________Acct. #______________________

C. PP________________________Acct. #______________________

6. Total of ALL Transfers INTO your GNI Account 7. Total of ALL Withdrawals/Cashouts From
From Each PP / E-Currency Used your GNI Account INTO Each PP Used

6a. StrictPay______________________ 7a. StrictPay_______________

6b. Solid Trust Pay_________________ 7b. Solid Trust Pay__________

6c. Liberty Reserve_________________ 7c. Liberty Reserve__________

6d. PerfectMoney__________________ 7d. PerfectMoney___________

6e. GDP_________________________ 7e. GDP__________________

6f. Bank Wire______________________ 7f. Other__________________

TOTAL___________________________ TOTAL____________________

PLEASE LIST EACH TRANSACTION REPRESENTED IN YOUR TOTALS ABOVE, IN THE FOLLOWING MANNER....
(List according to Payment Processor)

1. Payment Processor 2. Date 3. Amount 4. Transaction/Batch ID#






**********************************************GNI USE ONLY******************************************

Amount Expected From Member.....Verified by_______________________________

Amount Expected From Member......Confirmed by_____________________________

Detailed explanation of any discrepancies_________________________________________

__________________________________________________________________________

If amount requested by GNI Rep is less than the amount expected by claimant, is it OK to pay the undisputed portion immediately?___________________

DATE_______________TOTAL AMOUNT REQUESTED______________________

DATE____________REFUND AMOUNT____________________

TO: Payment Processor/Acct. #____________________________

StrictPay News

StrictPay Customers

After numerous customer inquiries, we are happy to announce that you can now do bank wire deposits in 8 different currencies.
If you visit the Deposit/Bank Wire page, you will see a drop down menu for the Currency field, and you are now able to choose from the following currencies:

USD - US Dollars
AUD - Australian Dollars
GBP - British Pounds
EUR - Euros
NZD - New Zealand Dollars
JPY - Japanese Yen
SGD - Singapore Dollars
HKD - Hong Kong Dollars

The currency conversion will take place at the time your request is completed, and our funding department adds the funds to your StrictPay account.
Please keep in mind that after you enter the request into the system, you will then be taken to a page with the printable wire instructions for the type of currency you have chosen.
We expect the time frames to remain the same, but there is a slight chance that some of the new currency options may take a day or two longer to process.

As always, we know you have many options to choose from, and we appreciate you choosing StrictPay as your online payment option.

Thank you
Team StrictPay
The Best Payment Solution
www.strictpay.com

GoldNuggetInvest update

Hello

In our opinion Robert is a reliable person.
We wish he 'll be back soon with GNI or another -great- Surebet Program

HBMonitor

---

To the Loyal Members of GNI:

It has been brought to my attention that many have become quite concerned of late because of the limited posting and corresponding in which I have engaged. To you, I apologize. I am taking every reasonable step to preserve the integrity of GNI, myself and my team as we face these obstacles which, frankly, are very difficult to overcome.

I wish now to address a couple of the most common and forceful objections you have made against the GNI team. That of course is the "guarantee" that is made on our website with regards to sports arbitrage (trading). Arbitrage trading, is in of itself, foolproof. I stand by this! What is not foolproof is current, past and future market conditions. These include things such as the political environment, natural disasters, current events, global trade and recession, regulatory interference and so forth.

Those who dislike us will never accept us for anything but a PONZI. Got news for them: We're not a PONZI! They say that we will have an end some time soon.... I have very pragmatic news for everyone: At some point in time, there isn't a business venture that will, at some point, end. Whether its this year, next year, one hundred years or a thousand, EVERYTHING has an ending. We just happen to feel ours is not yet there!

Equally so, If I am anything, I am honest; so I have to acknowledge, our backs are against the wall. That which has hurt us the most is:

The freezing of our assets by our bank's (Yesilada) intermediary bank.

This, more than anything, has put us into the situation we are currently struggling to overcome. Market conditions are something we have no control over, could never plan for and are well beyond our control. Indeed, but for this matter in of itself, we would be continuing status quo, and all would be happy.

Many feel i have no compassion because I can't respond to each and every member's concerns or personal struggles. Rest assured, this situation we face is harder on me than all of you combined. While the project has been profitable, of late it has not! The personal assets I have put into GNI are substantial but that is not the point of this response.

I see what the naysayers are posting. I have eyes and I care, not what the neggies say, but what our members say. Those who have supported us through good and bad times. Those who are not in profit, have a special place in my heart! Some may laugh at this, those who know me best will not. They know how important all members are to me, rich or poor, whatever part of the world they may reside.

What is the point of this is? I want all of our members to recognize the level of effort put into the success (and yes, failure(s)) we have experienced over the last few years and that we are not quitting! We ARE struggling, but as much as we struggle, we ARE fighting for our customers, the employees, the principles and for the respect we feel we deserve.

Thank you,
Robert and your GNI Team

News from WaterInvestment


WaterInvestment starts accepting StrictPay


Feb. 26


We are happy to announce that we start accepting Strict Pay as a new payment option. Visit www.strictpay.com for more information.