SQIP Update and Time-Sensitive Important Changes
Important news from SQIP. There is a change in terms and if you wish to gain the most from this program you will want to pay attention to the latest information posted in the SQIP back office. They are eliminating the PEPs and the referral program from what I gather from this. Some will be happy, while others will be not, I imagine.
Please note: Our new FTS2.0 Program will be online very soon. The new program will replace the current Member Reward Program.
During the 1st week in October PEPs end. This means an end to free, rewarded and Booster PEPs. You will no longer need to use a referral link as the Equity Groups will also come to an end.
If you have a minimum of 103 PEPs you will qualify for the equity buy back. You still have time to purchase a Booster package to assure that you qualify. You can also refer 3 new members before the cut off point to qualify.
You have until the 1st Oct to get qualified. When you qualify you will continue to see your PEP value increase.
FTS2.0 will have its own back office where you can track all your profits. The original back office will still be online so you can track your equity growth.
Full details on the new FTS2.0 Program will be posted soon.
If you feel comfortable with buying a few PEPs then go ahead and do so. I think it is worth it and the FTS2.0 seems to have loads of “potential” for us.
Cheers,
Gene
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Hmmm eliminating the PEPS?? Or just the referral program. I’ll have to re-read it again. Hope they aren’t, because I’ve bought way too many!
Thanks for the update Gene.
Lydia
Hi Lydia. That is what they said. Your positions do not get eliminated though and will increase in value.
“During the 1st week in October PEPs end. This means an end to free, rewarded and Booster PEPs. You will no longer need to use a referral link as the Equity Groups will also come to an end.”
As well they say:
“You need to create and fund your Ewallet account to participate in the new FTS2.0 Program
You can fund your ewallet by credit/debit card, bank transfer or transfer from another ewallet account.”
They did eliminated the PEPs and then brought the PEPs back. Buying them also was included in the FTS system. Now I guess we have to wait and see what all will come about with these changes.
The ones who will lose out are the ones stuck at 100 and if they do not buy a few (3) at .30 then they cannot cash in at the end. I tried to do a test buy for 3 but do not have enough in my ewallet so I do not know if you can buy just 3. I thought they said before you could even buy one.
I would like to see them explain things a bit better and give those at 100 PEPs a chance to get in before the door closes. I have no way to contact my downline as they do not make that information available.
Gene
Thanks for explaining Gene. I read that also, but it is not easy to understand. It sounds like they are doing away with the *free* peps… which they did say they would at some point.
Anyway, guess we will wait and see.
I would be very upset if they eliminate everything I have paid for in the past year, particularly through their booster program.
Thanks again,
Lydia
Thanks for dropping by Lydia.
Yes, there are a number of things they have yet to explain. Also the way the compensation was siphoned away from the people who referred others is disturbing.
The “original” booster program did that and now the elimination of any compensation on anything your downline buys is also not rewarding folks for bringing in others.
That is history, still some will not be happy with that history.
Changes may be better overall, at least we hope so. It is critical that this works from now on.
What you bought will still be there and increase in value over time and hopefully that will translate into real value. I would say that is also over time, but you do not believe in time. So I won’t say that!
I am interested in seeing how the FTS system will work for funds already in the system.
Too bad also for taking so long to come back. This is a drag on momentum. So we will see how this plays out.
The new system has some advertising pool which will pay off as well and then the lotto kicks in when it is given approval. So many income streams that we hope will work out well. The theory is there that the advertising will bring in more members and the system will prosper for us.
Cheers,
Gene
Hello again.I also did a sqip update. No the free peps are ending but as long as we have over 103 peps we get to keep ALL our peps, bought and through the referral system. Once FTS2.0 will be up and running they will eliminate the referral system for any new recruits and free peps as with the fts it doesn’t matter who joins from where. I am at home with neck problems, it is killing me, my neck I mean.
In order to ensure a costistant rise in the value of PEPs, it is very important to end up the free allocation of PEPs. It is the time to convert virtual value of shares into relal one.
Sqip has mentioned that they will initiate the process of buyback somewhere in the starting of 2010. Well, all depends upon as how FTS2 works.
There had been a dire need of some simple, reliable and long term programme. We have seen the exponential growth of Adflasher.net (It is different as they failed to retain it). Sqip is taking every care to cope up the very crowded situaton. I foresee similar growth in Sqip. In case this really happens, we all will touch the sky.
Cheers
Hi Ellie. Well I sure hope they get it going soon. Take care of your neck!
Hi Rajesh. Yes we are anxious to see how this plays out. Hope it does really well and we do too.
Cheers,
Gene
Have you seen the latest news about the Sqip lotto lol? Looks pretty exciting, I just want the ruddy thing to start lol.ahah
If what I read is correct, it is not that exciting as they seem to be missing some things and reducing the return. I made a comment on your blog about it earlier. Do you mean this?
http://www.sqipcom.com/about
Gene
Hi Gene
Sqip adnm. doesn’t seem to be very confident about the relaunch of FTS. They are still hesitating to launch.
In my opinion, they are probably confused over the speed of cycle. If the cycle speed is too fast, it would yield very less returns and thus will not make the people happy.
On the other hand, if returns expectations are higher it would slow down the speed of the cycle and thus again will not attract people.
So It is very important the opt for the optimum speed of the cycle to ensure longer life of FTS and max. traffic.
To my calculations, in the earlier situation where FTS was linked with PEPs. The members who joined at early stage would have earned more than Sqip. Linking FTS with lotto will help Sqip to maintain the price of PEPs.
Hi Rajesh. Well either they have something or they do not. I guess they will have to do something soon. If they are confused, then what does that make us?
As for them not making much, well they take a cut off everything as does everyone who makes up a program so I really do not believe they are not doing that.
Too many things are getting cut (reduced, eliminated, adjusted) that makes it less attractive for us and more attractive for them. I am not against them making money as long as we do also. The people who brought them others are for the most part being ignored.
They started this last Dec or so and it is time to provide a realistic model and make it work. Turning off the members is not a good thing. It is the members who will make this work or not, IF and ONLY IF the program is good. If it is not good then it won’t matter.
Not very many members will buy into paying 200 Euros in a cycling/matrix program especially with all this stalling. They should know that after introducing first a downline, then the 15 and 100 lines and having only the 15 lines cycle.
I did send them some suggestions and they said they are open to this but then they said “we will do what we will do and if you do not like it just sit on the sidelines and watch. ”
I have been watching for a long time now. The longer it takes the more iffy it becomes.
Cheers,
Gene
Hello, I am waiting for the Launch but there seems to be delays..I hope it happens soon. I don’t mind earnign 4 euros instead of 8 or 15 as long as it happens before we start losing momentum again. I think the Lotto is a good formula as millions play lotto and lose their money so earnign something back for playing is a great idea..I JUST WANT IT TO HAPPEN..that’s all. Sqippies..
P.S I got my Sqip debit card today..
MO is in reverse at the moment. They need to reverse that and make it MO GO forward again. Backwards MO is a drag.
Soon I hope. Perhaps this year even. You just never know,eh!
Cheers,
Gene
Helloooooo, I got a note from Christian an he said the FTS2 lotto is ready, they are just fixing the manual select numbers for the Punters to choose their lottery numbers..I want to get it going so I can purchase some avantage plus packages in me2everyone. My Hubby got the One Woeld job so that’s a nice addition too..Sqippies..
Hi Ellie. That is good news. Let the party begin!
Gene
Yeah I hope so and not soooon lol NOW lol.Anyway I will check out the new site when I feel better later on..I want to be better am trying..very hard.sqippies.
This is a great news from Ellie… Let’s all get ready to jump into sqip lotto. We shall reap out whatever we do sow in the beginning. It is anticipated that there would be a heavy turnout within 2 weeks from the date of its relaunch.
Here is a very first payment news from me2everyone.
Recently, I received 160 GBP from m2e in my Paypal account for comleting some official works…..I am cooool.
M2E debit cards are also underway. Let’s see how long it takes for issuing the share certificates and a real launch of version 2.0.
Thanks Rajesh. SQIP says expect some news from Christian tomorrow. Final tweaking is being done and they are holding their breath also.
Gene