Classic Kim (dickhead) Inman

Q3: Is the money in the "On Hold" accounts available to the members once the payment processor conundrum is worked out, as in actual hard cash? I have seen some skeptical comments from some disgruntled members indicating that the unavailability of these funds is contributing to this delay.

A3: This is not the first time that we have experienced entirely false allegations from someone who have joined primarily to help ruin this business. At any point during this conundrum as you call it, we would gladly have waved a magic wand and the funds would have moved from where they securely sit to you. The funds are in cash. The funds are yours. They are available. And we will pay them.

Q4: Kim, with no disrespect meant in any way, when are we going to start to meet deadlines and start to make some money that we can get our hands on?

A4: This is putting the previous question another way and it has already been answered. We intend to start paying all funds on hold to IBA’s on or by June 1. The reason I say “start paying” is because it depends on the process that we will be paying you. If it is by check then it will take a few days to process and mail, but daily checks will be mailed daily from June 1st until it we have paid everyone that wants it and has a balance of over $25.00 on hold. This is the only deadline we have set, so if we do not meet it you will have a point. We regret the delays related to Cornerstone, indeed we regret the entire progression of problems and delays with third parties. This merely convinces us to move to vertical integration to the greatest possible extent. It should be noted that once we have a solution in place such as debit cards, we will use it exclusively and this temporary solution will be discontinued.

Just too funny. In A4 he gets an attitude and says the question has already been answered, but then he goes on for several more sentences. Also, it doesn't look to me like the questions are the same thing. He is just getting pissy.

Also, the comment (bolded) about that is the only deadline we have set is priceless. Oh, that's right, all the other things were "goals". Like...

90 day cycles
100K members making 100K
Debit cards
No losers, only winners
19 million

posted by steve_o @ 6/14/2006 06:47:00 AM