I can turn $100 to $1000 in one week!! *Updated List*

bspence

20-01-2006 15:09:56

Hey guys,
I've been getting into some day trading and can turn $100 into $1000 in a week. Or $50 into $500, etc. If you would like to invest with me, PM me and let me know. Minumum of $50 must be invested. I guarntee that you wont lose money. If I lose money somehow, I will take the money out of my own pocket to pay you what you invested. Its a win-win situation for you. I am accepting clients right away.

Here is the list of people waiting to invest

1. [bc60ad48c36]mikedb[/bc60ad48c36][/colorc60ad48c36] - $50 [[ic60ad48c36]processing payment to bank[/ic60ad48c36]]
2. [bc60ad48c36]cartrenroy[/bc60ad48c36] - $50
3. [bc60ad48c36]hkartadi[/bc60ad48c36][/colorc60ad48c36] - $100 [[ic60ad48c36]processing payment to bank[/ic60ad48c36]]
4. [bc60ad48c36]justinag06[/bc60ad48c36] - $100
5. [bc60ad48c36]ilanbg[/bc60ad48c36] $100
6. jayemtee - $500
7. afro_wolff - $100
8. fgr_admin - $50 or $100
9. [bc60ad48c36]jodistar[/bc60ad48c36] - $100
10. [bc60ad48c36]Cash4Cookies[/bc60ad48c36] - $50
11. [bc60ad48c36]RySon02[/bc60ad48c36] - $50
12. [bc60ad48c36]h3x[/bc60ad48c36] - $50
13. htekken - $?? [please pm amount]
14. nusqax - $50
15. [bc60ad48c36]skeetz[/bc60ad48c36] - $50
16. [bc60ad48c36]hairyferry[/bc60ad48c36] - $100
17. [bc60ad48c36]flip[/bc60ad48c36] - $100
18. [bc60ad48c36]AbSoLuT_xXxEr0[/bc60ad48c36] - $50
19. [bc60ad48c36]skillet2003[/bc60ad48c36] -$100

Please note
People who are [bc60ad48c36]bold[/bc60ad48c36] are people who have confirmed the amount they are investing. If you are not on this list, its because you did not PM me. Please PM me if you wish to be added to the list. The list is quite long, so I am going to do up to 3-at-a-time if the user's next up want to.

JordanE

20-01-2006 15:13:54

Can you explain alittle more? Why dose it have to be a minumum of $50? What are you investing in? This isn't the 12dailypro shit is it?..etc

Stroid

20-01-2006 15:19:35

more detail please

bspence

20-01-2006 15:23:18

No its not 12dailypro shit.
Its giving me money to invest into penny stocks (High Risk shares that I must monitor frequently).
It has to be a miniumum of $50 because any less than that doesnt grow quick enough. You can invest less than that, but its just going to waste my time. The catch it, I make 10% on what you make. So say you invest $100 with me, and it turns into $1000, then I take $100 of that, you keeping $900.

justinag06

20-01-2006 15:40:39

im in for 100 pm me on how we can do this

do you have aim?

theysayjump

20-01-2006 15:42:27

I'd be interested also if you gave me some more details.

Stroid

20-01-2006 15:43:35

my question is if i give you $100 today when do i get my profit returned minus your fee offcourse

Daggoth

20-01-2006 15:45:25

[quote6a3647177b="bspence"]Hey guys,
I've been getting into some day trading and can turn $100 into $1000 [b6a3647177b]in a week[/b6a3647177b]. Or $50 into $500, etc. If you would like to invest with me, PM me and let me know. Minumum of $50 must be invested. I guarntee that you wont lose money. If I lose money somehow, I will take the money out of my own pocket to pay you what you invested. Its a win-win situation for you. I am accepting clients right away.[/quote6a3647177b]

My guess.

justinag06

20-01-2006 15:46:54

im sure stroid saw that it's always best not to assume anything though

bspence

20-01-2006 15:51:03

[quotecb767bf67f="Stroid"]my question is if i give you $100 today when do i get my profit returned minus your fee offcourse[/quotecb767bf67f]

you would get paid a week later, unless you wanted to re-invest it to make even more. or you can choose to keep half and re-invest the other half.

Stroid

20-01-2006 15:53:17

if your offer still stands in a few days i will take you up on that

bspence

20-01-2006 15:57:26

[quote0d7b2c395b="Stroid"]if your offer still stands in a few days i will take you up on that[/quote0d7b2c395b]

Sure thing. I wont start anyone til monday anyways.
Also methods of paying are hyperwallet (preferred) or paypal. That is how I will pay you also.

ilanbg

20-01-2006 15:59:39

I'm going to wait for other people to be successful, but if in about a week or so I see some good comments then I'm game for $100.

bspence

20-01-2006 16:00:24

[quote9e3f2d4261="ilanbg"]I'm going to wait for other people to be successful, but if in about a week or so I see some good comments then I'm game for $100.[/quote9e3f2d4261]

Alright. sounds good.

jayemtee

20-01-2006 16:02:00

500$

pm me

mcal44

20-01-2006 16:05:44

cry I'm a finance major and theres nothing we hate more then penny stocks. cry Good Luck i guess

bspence

20-01-2006 16:05:59

Like I said, im going to start on monday, so If I could get as many people as possible on monday then it would work out great, and I'll invest it in one lump sum then it should grow much quicker. Then I will deal it out evenly. Say 7 people go in (4 of them put in $100, 2 put in $50) then I will divide it out evenly.

justinag06

20-01-2006 16:14:57

you guarantee our investment up to $100 though?

bspence

20-01-2006 16:16:04

[quote135cf5ccb5="justinag06"]you guarantee our investment up to $100 though?[/quote135cf5ccb5]

If you invest $100, you are guranteed to get 100+ back. Most likely around $1000.

justinag06

20-01-2006 16:17:26

I can't argue with that

I'm always on the lookout for investment opportunities

mikedb

20-01-2006 16:18:32

Out of curiosity, why not do this with your own money? Seems as though you could make alot more that way...

Mike

bspence

20-01-2006 16:23:12

Just so I can keep track of who is investing what, this is what I have so far

mikedb - $50
cartrenroy - $50
hkartadi - $50
justinag06 - $100
ilanbg $100
jayemtee - $500

This is who I have so far. Please confirm by PM'ing me how much you are investing. THanks.

bspence

20-01-2006 16:23:35

[quote61d97434e2="mikedb"]Out of curiosity, why not do this with your own money? Seems as though you could make alot more that way...

Mike[/quote61d97434e2]

Yeah, but I need money to start with, which i dont have. It also feels good to help other people's money grow. And Im still making 10% of what you make. So its a win-win for everyone.

justinag06

20-01-2006 16:28:08

It is possible this is all BS but I dont think so, and if it is I lose 100 and he gets banned then I file a paypal claim. He is contacting me before we invest with his gameplan so I will know what we are doing.

I'm willing to take the risk so don't do it if you don't want to. Don't be like junior though and shoot every proposition down just because you don't trust anything.

bigchan2k

20-01-2006 16:33:54

I'm just curious about your experience with stocks in general. Have you ever actually invested real money in stocks? The reason I ask is because I've been investing in the stock market for about a year and a half, and a 1000% return in a week is practically impossible.

CollidgeGraduit

20-01-2006 16:38:55

Hmm.. I'll go in for $50

shamash

20-01-2006 16:40:21

I'll go in for 50 as well.. if I make 500 dollars you'll be a God.

stackmjwiz

20-01-2006 16:43:06

I want to try $100. PM me.

mrwzk

20-01-2006 16:44:27

should be interesting to see how this works out, i might be interested in doing it if it works. jsut one question, how are you gaurenteeing money if you dont have money of ur own to invest.

shamash

20-01-2006 16:46:49

[quote1af09aedce="mrwzk"]should be interesting to see how this works out, i might be interested in doing it if it works. jsut one question, how are you gaurenteeing money if you dont have money of ur own to invest.[/quote1af09aedce]

ill be sending the paypal when he answers this.

and how he plans on having the money to invest on monday if we paypal him over the weekend when banks don't do transactions, and paypal takes 3-4 days to clear into your bank

liquidskin

20-01-2006 16:47:20

lol.. you are all making such a big mistake..

doylnea

20-01-2006 16:54:16

[quote78f832904f="liquidskin"]lol.. you are all making such a big mistake..[/quote78f832904f]

agreed.

JordanE

20-01-2006 16:58:46

I'll belive it and probably try it when i see it. However my grand father has been investing in the stock market for years and has made millions. But it didn't all happen over night it took about 30 years i'm pretty sure he would be all over this. Theres probably some reason why he isn't i'll call him and see what he thinks.

mcal44

20-01-2006 17:06:37

[quotefa812529f0="JordanE"]I'll belive it and probably try it when i see it. However my grand father has been investing in the stock market for years and has made millions. But it didn't all happen over night it took about 30 years i'm pretty sure he would be all over this. Theres probably some reason why he isn't i'll call him and see what he thinks.[/quotefa812529f0]

He will tell you penny stocks are bad news, which is very true.

Food for thought a 10% return on investment is considered good/normal when it comes to the stock market.

johnjimjones

20-01-2006 17:09:25

I'll wait on it.

johnjimjones

20-01-2006 17:10:22

[quotecae99836e7="bspence"]Hey guys,
I've been getting into some day trading and can turn $100 into $1000 in a week. Or $50 into $500, etc. If you would like to invest with me, PM me and let me know. Minumum of $50 must be invested. I guarntee that you wont lose money. If I lose money somehow, I will take the money out of my own pocket to pay you what you invested. Its a win-win situation for you. I am accepting clients right away.[/quotecae99836e7]
What has been your progress so far?

theysayjump

20-01-2006 17:13:03

http//www.sec.gov/investor/schedule15g.htm

bigchan2k

20-01-2006 17:13:38

[quote244eea099d="mcal44"]
He will tell you penny stocks are bad news, which is very true.

Food for thought a 10% return on investment is considered good/normal when it comes to the stock market.[/quote244eea099d]

Penny stocks are extremely dangerous, volatile, and can easily be manipulated. Personally, I don't like buying stocks that cost less than $10 a share.

And 10% return is the average return [b244eea099d]per year[/b244eea099d] for stocks. This is based on data for like the last 50 years. Personally, I believe people can do much better than 10% a year, but I don't believe in a 52,000% return in a year.

bigchan2k

20-01-2006 17:26:52

Another thing, I don't know what the tax rate for capital gains is in Canada, but in the US, its 15% minimum. Since he's buying and selling stocks under his own name and tax ID number, he's gonna have to pay whatever percentage in taxes for any capital gains that he makes. If the capital gains tax in Canada is greater than 10%, he'd actually be losing money with this whole investing idea.

[u09646e0e46]Simple math[/u09646e0e46]
$100 invested, $1000 earned

Total of $1100 so far

He returns $1000 to the investor

Hypothetical capital gains tax of 15% on $1000 in capital gains $150

Net gain $100 (10% commission/fees) - $150 (taxes) = [b09646e0e46]-$50[/b09646e0e46]

If you ask me, this whole thing sounds a little fishy.

CoMpFrEaK

20-01-2006 17:32:37

This is really odd

1. Stocks dont typically go 1000% inrease in a week. Not even 100%
2. Penny stocks are trash stocks, very risky
3. You do have to pay that, you know that right?
4. US market or Canadian market?

unknown uchiha

20-01-2006 18:59:32

I'll wait a week, and if everything goes allright then I'll invest $50 =)

fgr_admin

20-01-2006 19:18:01

[quotea395b2f393="bspence"][quotea395b2f393="mikedb"]Out of curiosity, why not do this with your own money? Seems as though you could make alot more that way...

Mike[/quotea395b2f393]

Yeah, but I need money to start with, which i dont have. It also feels good to help other people's money grow. And Im still making 10% of what you make. So its a win-win for everyone.[/quotea395b2f393]

I am in will PM in a sec, but I do have one question concerning the above quote.

If you have no money and this fails, how will you repay everyone? Since it looks like your going to have about a grand on Monday. So if the following Monday your broke where does our guarantee come from. Obviously your paypal will be empty (investing it)

Answer that question and I'm in.

mikedb

20-01-2006 19:19:11

I jsut thought of that, and was about to post it when you beat me to it )

JordanE

20-01-2006 19:26:24

[quote5ec1262c55="fgr_admin"][quote5ec1262c55="bspence"][quote5ec1262c55="mikedb"]Out of curiosity, why not do this with your own money? Seems as though you could make alot more that way...

Mike[/quote5ec1262c55]

Yeah, but I need money to start with, which i dont have. It also feels good to help other people's money grow. And Im still making 10% of what you make. So its a win-win for everyone.[/quote5ec1262c55]

I am in will PM in a sec, but I do have one question concerning the above quote.

If you have no money and this fails, how will you repay everyone? Since it looks like your going to have about a grand on Monday. So if the following Monday your broke where does our guarantee come from. Obviously your paypal will be empty (investing it)

Answer that question and I'm in.[/quote5ec1262c55]

Perhaps he'll cash in some of his bulls.

unknown uchiha

20-01-2006 19:31:41

Eh forget this waiting, I'm in right away once I get more details =D.

Airkat

20-01-2006 20:27:14

mroe details, then ill bite )

unknown uchiha

20-01-2006 20:36:42

Yeah seriously. I have $59 in my Paypal account currently but fear that I'll have spent it all tomorrow on manga... ><. Please get back to us by tomorrow morning, Bspence! There's so many things I could buy with $500

PSP games (I only want DJ Max Portable and Naruto Narultimate Hero Portable, both which are imports. DJ Max Portable is out already and the latter is set for a release in late March), a 2GB MS Pro Duo, and CLOTHES omg ><

Crynos

20-01-2006 20:38:30

Im interested if you have a successful first week

skillet2003

20-01-2006 21:25:24

my logic does not consider this to be a great move to do, but if it works out for those brave ones who took the initial first week plunge i may next week. personally i think hes going to get as many people he can then just jet, but maybe thats just cause i got done watching the italian job.

p.s. also if someone could give me the right format for my picture in the sig to work that would be great

JordanE

20-01-2006 21:34:31

Spare some karma?

http//www.3604free.com/goods/1200838.png[" alt=""/img]

bspence

21-01-2006 02:22:49

kay, I have an overload of requests. Im going to do this one person at a time. so the first person is going to be mikedb
I will let you know when i finish with him and will move on to the next person. I am doing this out if kindess, nothing else. I have my own money to invest as well (I just invest $9000) to answer your question. After mikedb gets his investment return he will post what he made and I will go on to the next person so you know its legit and all. Again, I will do it in order, one person per week. Thanks.

ipodshuffleboy

21-01-2006 03:27:17

ok Im in for $60, I added you on msn.

mikedb

21-01-2006 05:40:34

[quotef80eef51f3="bspence"]kay, I have an overload of requests. Im going to do this one person at a time. so the first person is going to be mikedb
I will let you know when i finish with him and will move on to the next person. I am doing this out if kindess, nothing else. I have my own money to invest as well (I just invest $9000) to answer your question. After mikedb gets his investment return he will post what he made and I will go on to the next person so you know its legit and all. Again, I will do it in order, one person per week. Thanks.[/quotef80eef51f3]

Alright, sounds good... I am going to florida for 4 days next weekend, but ill be back on the forums by Tuesday, and Ill post what the results were.

Out of curiosity, how have you been doing on your $9000?

afro_wolff

21-01-2006 07:08:39

[quoteff45012ef0="bspence"]kay, I have an overload of requests. Im going to do this one person at a time. so the first person is going to be mikedb
I will let you know when i finish with him and will move on to the next person. I am doing this out if kindess, nothing else. I have my own money to invest as well (I just invest $9000) to answer your question. After mikedb gets his investment return he will post what he made and I will go on to the next person so you know its legit and all. Again, I will do it in order, one person per week. Thanks.[/quoteff45012ef0]

I figured you were gett'n overload'n or somethin. Anyway....With this one at a time, if everyone reports good things, I will bump my investment from $100 to somethin much higher...just let us all know how it goes mikedb

justinag06

21-01-2006 07:40:11

[quote145ac40a26="bspence"]kay, I have an overload of requests. Im going to do this one person at a time. so the first person is going to be mikedb
I will let you know when i finish with him and will move on to the next person. I am doing this out if kindess, nothing else. I have my own money to invest as well (I just invest $9000) to answer your question. After mikedb gets his investment return he will post what he made and I will go on to the next person so you know its legit and all. Again, I will do it in order, one person per week. Thanks.[/quote145ac40a26]

why can't you do your original batch? wasn't I the first person to say id try it also?

mrwzk

21-01-2006 08:10:19

[quoteeb1e93cc98="bspence"][quoteeb1e93cc98="mikedb"]Out of curiosity, why not do this with your own money? Seems as though you could make alot more that way...

Mike[/quoteeb1e93cc98]

[beb1e93cc98]Yeah, but I need money to start with, which i dont have[/beb1e93cc98]. It also feels good to help other people's money grow. And Im still making 10% of what you make. So its a win-win for everyone.[/quoteeb1e93cc98]

[quoteeb1e93cc98="bspence"]kay, I have an overload of requests. Im going to do this one person at a time. so the first person is going to be mikedb
I will let you know when i finish with him and will move on to the next person. I am doing this out if kindess, nothing else. [beb1e93cc98]I have my own money to invest as well (I just invest $9000) to answer your question[/beb1e93cc98]. After mikedb gets his investment return he will post what he made and I will go on to the next person so you know its legit and all. Again, I will do it in order, one person per week. Thanks.[/quoteeb1e93cc98]

those 2 statement seem to contradict each other, that along with the fact no stocks go up that high in a week makes me wonder about this.

just some advice dont rush to invest if the first person gets paid, he could just pay the person with his own money and than make it back when everyone rushes in to invest.

thats just my thoughts on this whole thing

jodistar

21-01-2006 08:12:20

i'm in for $100

shamash

21-01-2006 09:06:23

First he says he has no money.

Then he has 9000 dollars.

Then he only wants to invest Mikedb's money, the person who happens to be giving the highest amount of 500 dollars.

Chris

21-01-2006 09:28:00

Not trying to start something, but isn't this the same person who said that he got an empty box from freePay? and his story kept on changing as people found evidence to contradict what he had said before? roll

Airkat

21-01-2006 09:28:21

Well, he's a fellow RB rep shamash. If he is fookin people over, its gonna give you guys a bad name )

shamash

21-01-2006 09:52:40

I'm waiting for TSJ to get on MSN so I can take this stupid fucking title off.

Onair keeps IMing me telling me to spam PMs to people here to get leads, saying that he can't pay me unless I get leads. HELLO? That's basically referring people, which would get me paid on ANY OTHER SITE AS WELL.

I'm not gonna spam PMs and get banned.. kthx maybe next time. Sitting here with BSpence and that other idiot, not very fun.

ilanbg

21-01-2006 10:05:34

lol
You should change your signature in that case.

mikedb

21-01-2006 10:08:20

[quote16faf4c434="shamash"]First he says he has no money.

Then he has 9000 dollars.

Then he only wants to invest Mikedb's money, the person who happens to be giving the highest amount of 500 dollars.[/quote16faf4c434]

I actually had the lowest; $50...

Airkat

21-01-2006 10:13:01

[quote25f3ff9d54="shamash"]I'm waiting for TSJ to get on MSN so I can take this stupid fucking title off.

Onair keeps IMing me telling me to spam PMs to people here to get leads, saying that he can't pay me unless I get leads. HELLO? That's basically referring people, which would get me paid on ANY OTHER SITE AS WELL.

I'm not gonna spam PMs and get banned.. kthx maybe next time. Sitting here with BSpence and that other idiot, not very fun.[/quote25f3ff9d54]

Haha interesting.. sounds like cause for bannage. In any case, might wanna change your sig then...

htekken

21-01-2006 11:25:08

[quote6ca9d6dfa5="skillet2003"]personally i think hes going to get as many people he can then just jet, but maybe thats just cause i got done watching the italian job.[/quote6ca9d6dfa5]
haha

htekken

21-01-2006 11:26:20

ill go in for $50. put me on this waiting list.

Nimh

21-01-2006 12:00:03

What about like $25? Since you're not doing it in a batch anymore, that may not be worth it, but if you do the batch, I may consider throwing in $25. If you can turn that into $250, I'll throw half that back out you to try again. However, I'd really like to see how this turns out.

slease

21-01-2006 12:32:50

Very risky, I did this with $600 back in 1999, some of you are old enough to remember the huge boom in internet stocks and what happened in 1999. Anyways, I walked out with about $50 when all was said and done.

Do not do this unless the money is absolutely disposable.

shamash

21-01-2006 12:48:30

Of course other people's money is disposable.

mrwzk

21-01-2006 13:20:32

if we are just throwing money out who wants to make a bet with me 100$ says this is a scam. there is no way to make that great of a percent in a weeek, penny stocks are crap and almost never hold value. most brokers if you use one will advise against investing in them
1. because they suck and u usually are stuck with them noone elese wants to buy them
2. if they do fail like they probabaly will you can sue the broker company for incorrect financial infromation, most brokers require you to sign a form saying you wanted to do it, it wasnt the brokers idea.

so if u want to lose money send away, besides all the infromation about the crappy stocks

bspence
has been caught lieing

first he says he has no money yet is gaurenteeing your money back

than once he relizes he cant say he has no money and gaurentee your money back, he decides to say he invested 9000$. and if he did invest 9000$ i bet is worth about 4500$ now since penny stocks never hold their value.

johnjimjones

21-01-2006 13:24:56

Geez does this have bad news written all over it.

theysayjump

21-01-2006 13:38:53

After reading everyones valued and educated opinions, I have decided to withdraw my earlier offer and now I'm in for $1,337 and a pair of scissors.

h3x

21-01-2006 14:17:40

i'll kick in $50.. i like a good gamble twisted

bspence

21-01-2006 14:35:02

[quote7c64ffc6e0="mrwzk"][quote7c64ffc6e0="bspence"][quote7c64ffc6e0="mikedb"]Out of curiosity, why not do this with your own money? Seems as though you could make alot more that way...

Mike[/quote7c64ffc6e0]

[b7c64ffc6e0]Yeah, but I need money to start with, which i dont have[/b7c64ffc6e0]. It also feels good to help other people's money grow. And Im still making 10% of what you make. So its a win-win for everyone.[/quote7c64ffc6e0]

[quote7c64ffc6e0="bspence"]kay, I have an overload of requests. Im going to do this one person at a time. so the first person is going to be mikedb
I will let you know when i finish with him and will move on to the next person. I am doing this out if kindess, nothing else. [b7c64ffc6e0]I have my own money to invest as well (I just invest $9000) to answer your question[/b7c64ffc6e0]. After mikedb gets his investment return he will post what he made and I will go on to the next person so you know its legit and all. Again, I will do it in order, one person per week. Thanks.[/quote7c64ffc6e0]

those 2 statement seem to contradict each other, that along with the fact no stocks go up that high in a week makes me wonder about this.

just some advice dont rush to invest if the first person gets paid, he could just pay the person with his own money and than make it back when everyone rushes in to invest.

thats just my thoughts on this whole thing[/quote7c64ffc6e0]

Yeah, I just invested $9000. So i have no more money to invest with until the week goes by so I thought I would help some fellow FIPG with making some money. I know you guys think that Its a little suspicious, but why would I risk ripping tons of members here when I have been a member for a while and will continue to be one. Second, you guys would have paypal all over my ass. It would be impossible for me to run away with all your money. THirdly, if im doing one person at a time, what am I going to do?... take someone's $50 then run off with it. No! The first person will post on here and let you knmw its legit and I will move to the second person. You guys need to trust a little more. Its almost impossible for me to steal your money. The only person's I could steal would be the first person to put their money with me and it wouldnt be worth it. THank-you and have an awesome day.

bspence

21-01-2006 14:37:18

[quotea80d6d1739="mrwzk"]if we are just throwing money out who wants to make a bet with me 100$ says this is a scam. there is no way to make that great of a percent in a weeek, penny stocks are crap and almost never hold value. most brokers if you use one will advise against investing in them
1. because they suck and u usually are stuck with them noone elese wants to buy them
2. if they do fail like they probabaly will you can sue the broker company for incorrect financial infromation, most brokers require you to sign a form saying you wanted to do it, it wasnt the brokers idea.

so if u want to lose money send away, besides all the infromation about the crappy stocks

bspence
has been caught lieing

first he says he has no money yet is gaurenteeing your money back

than once he relizes he cant say he has no money and gaurentee your money back, he decides to say he invested 9000$. and if he did invest 9000$ i bet is worth about 4500$ now since penny stocks never hold their value.[/quotea80d6d1739]

You are correct, penny stocks never hold their value. BUT, I said I am daytrading, which means I monitor them all day and buy and sell them daily. When a penny stock starts to slide, I quickly sell it, then I make a good precentage on it. Man you guys sure like to doubt me. roll

jordan90

21-01-2006 16:39:47

A story came to my mind when I first saw the title of this thread...

An "investor" once told a man he could take $10 and turn it into $100. Although the man was skeptical, he figured what's ten bucks anyway? The next week the investor came back with the money. The investor then told the man he could turn the $100 into $1000. The man figured, why not? He succeeded the first time.

The next week the investor came back with $1000. By now the investor had gained the man's trust. The man gave the investor $10,000 to turn into $100,000. He never heard from the "investor" again.

Gigante

21-01-2006 16:54:27

[quote1bbd60079e="jordan90"]A story came to my mind when I first saw the title of this thread...

An "investor" once told a man he could take $10 and turn it into $100. Although the man was skeptical, he figured what's ten bucks anyway? The next week the investor came back with the money. The investor then told the man he could turn the $100 into $1000. The man figured, why not? He succeeded the first time.

The next week the investor came back with $1000. By now the investor had gained the man's trust. The man gave the investor $10,000 to turn into $100,000. He never heard from the "investor" again.[/quote1bbd60079e]

I like that story.

justinag06

21-01-2006 20:28:56

well that man is stupid

mrwzk

21-01-2006 20:51:42

thats how a lot of scams work. they trick u into thinking its legit and slowly work the money up to where its worth to run. 10$ is nothing but 10,000$ is.

ilanbg

21-01-2006 21:05:54

[quote406acde5ef="bspence"][quote406acde5ef="mrwzk"]if we are just throwing money out who wants to make a bet with me 100$ says this is a scam. there is no way to make that great of a percent in a weeek, penny stocks are crap and almost never hold value. most brokers if you use one will advise against investing in them
1. because they suck and u usually are stuck with them noone elese wants to buy them
2. if they do fail like they probabaly will you can sue the broker company for incorrect financial infromation, most brokers require you to sign a form saying you wanted to do it, it wasnt the brokers idea.

so if u want to lose money send away, besides all the infromation about the crappy stocks

bspence
has been caught lieing

first he says he has no money yet is gaurenteeing your money back

than once he relizes he cant say he has no money and gaurentee your money back, he decides to say he invested 9000$. and if he did invest 9000$ i bet is worth about 4500$ now since penny stocks never hold their value.[/quote406acde5ef]

You are correct, penny stocks never hold their value. BUT, I said I am daytrading, which means I monitor them all day and buy and sell them daily. When a penny stock starts to slide, I quickly sell it, then I make a good precentage on it. Man you guys sure like to doubt me. roll[/quote406acde5ef]

It's safe to doubt someone who wants your money.

Anyway I'm still game provided everyone above me agrees that they made money, and provided you work with [i406acde5ef]only[/i406acde5ef] me and not a dozen people at once.

tmberwolff

21-01-2006 21:22:35

My two cents (nevermind the whole penny stock thing...)

Why $50 minimum? You said it doesn't grow fast enough. This is BS. GROWTH is independent of PRINCIPAL. You're promising people a 1000% return in 7 days. This is regardless of amount invested. So what's your real reason for asking for $50 increments?

ilanbg

21-01-2006 21:52:28

Because any lower than $50 and he makes less than $50 from commissions.

bspence

21-01-2006 22:28:19

[quote9fc4c0dc55="tmberwolff"]My two cents (nevermind the whole penny stock thing...)

Why $50 minimum? You said it doesn't grow fast enough. This is BS. GROWTH is independent of PRINCIPAL. You're promising people a 1000% return in 7 days. This is regardless of amount invested. So what's your real reason for asking for $50 increments?[/quote9fc4c0dc55]

wrong. I never said i am promising 1000% percent return. I said that you can make $1000 from $100. The only thing I promised was that you wont lose your money.

and for that story.... thats why ppl should only invest their profit, that way they will never lose money.

bspence

22-01-2006 17:31:54

Please note, if you want to invest money, I take hyperwallet.

If you dont have hyperwallet, I will accept paypal, but you will have to wait up to 5 days to get put into my bank account. Once in my bank, I will contact you and let you know when your week has started.

ipodshuffleboy

22-01-2006 17:54:12

This guy now tells me on msn his not taking any investmests under $100........sounds likes a scam

bspence

22-01-2006 17:58:28

[quote9921d570e7="ipodshuffleboy"]This guy now tells me on msn his not taking any investmests under $100........sounds likes a scam[/quote9921d570e7]

I have a lot of people willing to put in more than $100. And $50 isnt as worth it as $100 is. I literally have over 30 people waiting to invest with me so from now on I am only taking investments of $100 or more. The people that have contacted me before are still up for the investment of $50, I just not taking new people of $50.

MyungChunHa

22-01-2006 18:11:00

[quote359e0f737c="bspence"][quote359e0f737c="ipodshuffleboy"]This guy now tells me on msn his not taking any investmests under $100........sounds likes a scam[/quote359e0f737c]

I have a lot of people willing to put in more than $100. And $50 isnt as worth it as $100 is. I literally have over 30 people waiting to invest with me so from now on I am only taking investments of $100 or more. The people that have contacted me before are still up for the investment of $50, I just not taking new people of $50.[/quote359e0f737c]
damn....i was thinking about doing this too....cant you take one more for $50......come on shelly...jus..jus...just come on.....

http//i37.photobucket.com/albums/e55/AbSoLuT_xXxEr0/marvinmiata.jpg[" alt=""/img359e0f737c]

Bildo818

23-01-2006 13:26:18

SCAM---I mean spam...no wait, I meant scam....

What a bunch of b/s---if you people fall for this, there will be no sympathy coming from me...

Why don't you all donate these 50 dollars to your favorite charity? Shit, it'd be better than just flatout being robbed

bspence

23-01-2006 15:18:42

[quotec19131a1bd="Bildo818"]SCAM---I mean spam...no wait, I meant scam....

What a bunch of b/s---if you people fall for this, there will be no sympathy coming from me...

Why don't you all donate these 50 dollars to your favorite charity? Shit, it'd be better than just flatout being robbed[/quotec19131a1bd]

buddy, you have 42 posts, and no karma. I have been a member for a while and post regularly. people here trust me because they know me (in a way)

bspence

23-01-2006 15:30:23

Here is the list of people waiting to invest

1. [b396d5208b0]mikedb[/b396d5208b0][/color396d5208b0] - $50 [pending payment]
2. [b396d5208b0]cartrenroy[/b396d5208b0] - $50
3. [b396d5208b0]hkartadi[/b396d5208b0] - $50
4. [b396d5208b0]justinag06[/b396d5208b0] - $100
5. [b396d5208b0]ilanbg[/b396d5208b0] $100
6. jayemtee - $500
7. afro_wolff - $100
8. fgr_admin - $50 or $100
9. [b396d5208b0]jodistar[/b396d5208b0] - $100
10. [b396d5208b0]Cash4Cookies[/b396d5208b0] - $50
11. [b396d5208b0]RySon02[/b396d5208b0] - $50
12. [b396d5208b0]h3x[/b396d5208b0] - $50
13. htekken - $?? [please pm amount]
14. nusqax - $50
15. [b396d5208b0]skeetz[/b396d5208b0] - $50
16. [b396d5208b0]hairyferry[/b396d5208b0] - $100

Please note
People who are [b396d5208b0]bold[/b396d5208b0] are people who have confirmed the amount they are investing. If you are not on this list, its because you did not PM me. Please PM me if you wish to be added to the list. The list is quite long, so I might start doing 3 at a time. But for now, we'll see how it goes.

ALSO NOTE This list will not be updated. Only the list on the first page of this topic will be updated. So please go to page one of this topic to see updated list. Thanks.

bspence

23-01-2006 15:37:30

mikedb has sent me a paypal payment of $50. I now have to send these funds to my bank account before they go into the stocks. This takes 2-3 business days i beleive. I will keep you all up-to-date and let you know how his investment goes. Im sure he will post here when he receives his money. I am willing to take the next 2 people's payments, if they want, or they can wait til mikedb's investement goes through and he gets paid. Its up to cartrenroy.
hkartadi has also sent his $50

hkartadi

23-01-2006 16:48:50

I added $50 more, so my investment to him is $100.

Yea..... I trusted this guy... dunno why

Just show us the miracle 1000% profit in 7 days.

iPodPimp

23-01-2006 16:51:59

I will invest $50.00! PM me!

bspence

23-01-2006 17:09:51

[quote9ea03c5d4b="hkartadi"]

Just show us the miracle 1000% profit in 7 days.[/quote9ea03c5d4b]

That is what it can and most likely get up to. But I cant promise that. It will for sure triple and can get up to 1000%, but not everytime. But no worries, you will make profit.

CoMpFrEaK

23-01-2006 17:17:13

[quote8bdae2d246="bspence"][quote8bdae2d246="hkartadi"]

Just show us the miracle 1000% profit in 7 days.[/quote8bdae2d246]

That is what it can and most likely get up to. But I cant promise that. It will for sure triple and can get up to 1000%, but not everytime. But no worries, you will make profit.[/quote8bdae2d246]

wtf? Now your saying it may not go that high..... ?

bspence

23-01-2006 17:29:39

[quote93740398e1="CoMpFrEaK"][quote93740398e1="bspence"][quote93740398e1="hkartadi"]

Just show us the miracle 1000% profit in 7 days.[/quote93740398e1]

That is what it can and most likely get up to. But I cant promise that. It will for sure triple and can get up to 1000%, but not everytime. But no worries, you will make profit.[/quote93740398e1]

wtf? Now your saying it may not go that high..... ?[/quote93740398e1]

it can, but im not guranteeing it.

ilanbg

23-01-2006 18:57:49

I never confirmed and I only said I'd invest $50. And that's only if all those above me make money or at the very least get their money back, and that's only if I'm the only person who's money you deal with during those seven days.

mikedb

23-01-2006 19:00:54

yep, ill post when i get the money!

bspence

23-01-2006 20:01:29

[quote0f851f83c0="ilanbg"]I never confirmed and I only said I'd invest $50. And that's only if all those above me make money or at the very least get their money back, and that's only if I'm the only person who's money you deal with during those seven days.[/quote0f851f83c0]

okay, good to know.
but not to worry, these people are going to get more than they invested.

priya007

23-01-2006 22:42:52

I wanna invest $50..Plzz..lemme be the last $50 one .)

akalic

23-01-2006 23:16:12

he'll run off with your money

bspence

23-01-2006 23:17:36

[quote33101fe234="akalic"]he'll run off with your money[/quote33101fe234]

if you read this whole thread, you will see how I cant run off with your money. roll

drunkmonkey

24-01-2006 11:24:27

Hey, I forgot...I'm a penny stock trader too...I can make a 1000%...no...[bf67aec8f8a]2000%[/bf67aec8f8a] profit on your money...I just need...uh...$200 from you and I'll get you $5000 in return...I can make you 30 times whatever you give me, and all I keep is the initial investment...I have my own money, but it's not as fun...I'd rather make much smaller profits and let anonymous forum posters reap the great rewards...so PM me if you want to increase your funds by at least 40 times...the more money you give me...the more you make!!!!

Bildo818

24-01-2006 13:19:49

[quotece1d7e3e79="bspence"][quotece1d7e3e79="Bildo818"]SCAM---I mean spam...no wait, I meant scam....

What a bunch of b/s---if you people fall for this, there will be no sympathy coming from me...

Why don't you all donate these 50 dollars to your favorite charity? Shit, it'd be better than just flatout being robbed[/quotece1d7e3e79]

buddy, you have 42 posts, and no karma. I have been a member for a while and post regularly. people here trust me because they know me (in a way)[/quotece1d7e3e79]

I have been a member for awhile as well..in fact, 8 more days than you have. That doesn't make you trusting...I don't give a shit what you say...Please don't insult my post count, thats insulting at its finest! And who cares about Karma? Just because some message board gives you points, that means you are a trustworthy person? I think not buddy.

-Bill-

MyungChunHa

24-01-2006 13:32:24

[quotef3d3e520d9="Bildo818"][quotef3d3e520d9="bspence"][quotef3d3e520d9="Bildo818"]SCAM---I mean spam...no wait, I meant scam....

What a bunch of b/s---if you people fall for this, there will be no sympathy coming from me...

Why don't you all donate these 50 dollars to your favorite charity? Shit, it'd be better than just flatout being robbed[/quotef3d3e520d9]

buddy, you have 42 posts, and no karma. I have been a member for a while and post regularly. people here trust me because they know me (in a way)[/quotef3d3e520d9]

I have been a member for awhile as well..in fact, 8 more days than you have. That doesn't make you trusting...I don't give a shit what you say...Please don't insult my post count, thats insulting at its finest! And who cares about Karma? Just because some message board gives you points, that means you are a trustworthy person? I think not buddy.

-Bill-[/quotef3d3e520d9]
well....i like to take risks and this one seems like a good one....theres 18 people ahead of me and judging from their review, because there are trusted members doing this too, then i see if i wanna give my money to this guy.....hell isnt that what this whole freebie stuff, along with the business world, all about....risks??

plus its all free money i made from coming to this place, so it wont be much of a loss at all to me....i can make back that $50 in a day coming here wink ......

Bildo818

24-01-2006 13:43:35

"plus its all free money i made from coming to this place, so it wont be much of a loss at all to me....i can make back that $50 in a day coming here wink ......"

Well, than that makes sense -> Sorry about that!

bspence

24-01-2006 15:15:37

[quote62f27bbdd0="Bildo818"]"plus its all free money i made from coming to this place, so it wont be much of a loss at all to me....i can make back that $50 in a day coming here wink ......"

Well, than that makes sense -> Sorry about that![/quote62f27bbdd0]

yeah no kidding, maybe you should have read the posts above to realize its impossible for me to run away with 19 of people's investents. The most I could run away with his 3 people's. once they get their money, they are going to post, and the next 3 people will give me money. its almost impossible for me to scam them.

hkartadi

24-01-2006 15:46:15

Ponzi ran away with ~ $1,000,000,000
bspence will run away with ~ $200 ...

see... no point of running. ?

GiftMonsterKyle

29-01-2006 18:37:19

Any news on this? When should the first batch of payouts begin?

Daggoth

29-01-2006 19:17:52

[quote5e782d449f="jordan90"]A story came to my mind when I first saw the title of this thread...

An "investor" once told a man he could take $10 and turn it into $100. Although the man was skeptical, he figured what's ten bucks anyway? The next week the investor came back with the money. The investor then told the man he could turn the $100 into $1000. The man figured, why not? He succeeded the first time.

The next week the investor came back with $1000. By now the investor had gained the man's trust. The man gave the investor $10,000 to turn into $100,000. He never heard from the "investor" again.[/quote5e782d449f]

Man, I wish you could have told this story in DLF's thread...

hkartadi

29-01-2006 19:46:01

Actually he refunded my $100 today. I didnt receive any pm from him about this. Maybe he failed?....

mrwzk

29-01-2006 20:17:08

wat about mikes payment did he refund that as well?

xztiger

29-01-2006 20:23:40

ok well once someone gets theres PM me id love to do it also

bspence

29-01-2006 23:49:20

I refunded everyone's money.
im not a scammer.
my so called "friend" i was day trading with ran away with all the money.
but i paid everyone back with my own money. im very sorry about this to everyone. mods, feel free to lock/delete this topic.

if anyone has furthur questions of more detail of what happened, feel free to PM me.

fgr_admin

29-01-2006 23:56:14

[quotea0e6ae3b42="bspence"]I refunded everyone's money.
im not a scammer.
my so called "friend" i was day trading with ran away with all the money.
but i paid everyone back with my own money. im very sorry about this to everyone. mods, feel free to lock/delete this topic.

if anyone has furthur questions of more detail of what happened, feel free to PM me.[/quotea0e6ae3b42]

Notice you never mentioned anything about a friend that would have had access to our monies.

Gues he was scamming you and you tried to add us to it.

shamash

30-01-2006 06:39:37

i lol'd

who didn't see this coming?

i'm guessing he put it all in a HYIP that died.

hkartadi

30-01-2006 07:03:26

Almost all HYIP got hacked last week...

xztiger

30-01-2006 07:08:51

haha first DLF then this, sorry man for losing money on this, but i mean im starting to understand if somethings to good to be true, stay away! but im glad these freebie sites are -D

nextlevel

30-01-2006 07:37:35

[quotec5d4313232="bspence"]I refunded everyone's money.
im not a scammer.
my so called "friend" i was day trading with ran away with all the money.
but i paid everyone back with my own money. im very sorry about this to everyone. mods, feel free to lock/delete this topic.

if anyone has furthur questions of more detail of what happened, feel free to PM me.[/quotec5d4313232]

Why did you forget to mention a so called friend before?

And if he ran away with your money, why were you so confident taking members money.. "Impossible" to Almost Impossibe" to you got scammed..

bspence

30-01-2006 08:12:04

[quote15bb2597dc="nextlevel"][quote15bb2597dc="bspence"]I refunded everyone's money.
im not a scammer.
my so called "friend" i was day trading with ran away with all the money.
but i paid everyone back with my own money. im very sorry about this to everyone. mods, feel free to lock/delete this topic.

if anyone has furthur questions of more detail of what happened, feel free to PM me.[/quote15bb2597dc]

Why did you forget to mention a so called friend before?

And if he ran away with your money, why were you so confident taking members money.. "Impossible" to Almost Impossibe" to you got scammed..[/quote15bb2597dc]

Well, it was still impossible for you guys to get scammed because I would refund your money either way, so that part was true. But I know this guy personally, and we were actual friends for about 2 years. He invested my money all the time and gave me even more back. I guess he was building me up. Then he said we can go in together and get clients and I would earn 5% and he would earn the other 5% of comission. But there he goes, after getting him several clients on here and many more on ohter online communites, he runs away with my money and even moves out of the country. His parents said he went to amsterdam. but i dunno, im just soo pissed and im sorry to everyone on these forums.

theysayjump

30-01-2006 09:07:52

Either your friend did exist and did take your cash, or it just failed but you didn't want to say anything about it and hear "I told you so's"? shrug

justinag06

30-01-2006 09:55:46

how much money did you lose to him?

MyungChunHa

30-01-2006 11:45:51

[quotef1ab5f75b2="theysayjump"]Either your friend did exist and did take your cash, or it just failed but you didn't want to say anything about it and hear "I told you so's"? shrug[/quotef1ab5f75b2]
i was thinking that he didnt want to hear the "i told you so's" too when i read what happened.....sucks though....i was hoping that this would work out ( .....

stoogepid

30-01-2006 12:49:11

[quote3b478ea4ad="bspence"][quote3b478ea4ad="nextlevel"][quote3b478ea4ad="bspence"]I refunded everyone's money.
im not a scammer.
my so called "friend" i was day trading with ran away with all the money.
but i paid everyone back with my own money. im very sorry about this to everyone. mods, feel free to lock/delete this topic.

if anyone has furthur questions of more detail of what happened, feel free to PM me.[/quote3b478ea4ad]

Why did you forget to mention a so called friend before?

And if he ran away with your money, why were you so confident taking members money.. "Impossible" to Almost Impossibe" to you got scammed..[/quote3b478ea4ad]

Well, it was still impossible for you guys to get scammed because I would refund your money either way, so that part was true. But I know this guy personally, and we were actual friends for about 2 years. He invested my money all the time and gave me even more back. I guess he was building me up. Then he said we can go in together and get clients and I would earn 5% and he would earn the other 5% of comission. But there he goes, after getting him several clients on here and many more on ohter online communites, he runs away with my money and even moves out of the country. His parents said he went to amsterdam. but i dunno, im just soo pissed and im sorry to everyone on these forums.[/quote3b478ea4ad]

Noob- I cant believe people contributed to this scam. For Shame.

justinag06

30-01-2006 13:01:54

yeah it would have been nice that you were lying when you said that you did all the research and daytrading, but whatever I never actually paid you and you refunded everyone else so you are obviously not the scammer.

nick_e

30-01-2006 14:12:56

[quote41ad6915d8="bspence"][quote41ad6915d8="mikedb"]Out of curiosity, why not do this with your own money? Seems as though you could make alot more that way...

Mike[/quote41ad6915d8]

Yeah, but I need money to start with, which i dont have. It also feels good to help other people's money grow. And Im still making 10% of what you make. So its a win-win for everyone.[/quote41ad6915d8]

Didn't read the whole thing but I see a couple options here #1 SCAM #2is that you acctually don't have any of your own money to invest in wich case if you loose with ours you can't pay us back and guess what SCAM.

Sorry but you won't have me investing I'd rather do a HIYP at least I know it's a scam and can time myself right to make money out of it.

xztiger

30-01-2006 14:18:44

[quotef5ce42e867="bspence"][quotef5ce42e867="nextlevel"][quotef5ce42e867="bspence"]I refunded everyone's money.
im not a scammer.
my so called "friend" i was day trading with ran away with all the money.
but i paid everyone back with my own money. im very sorry about this to everyone. mods, feel free to lock/delete this topic.

if anyone has furthur questions of more detail of what happened, feel free to PM me.[/quotef5ce42e867]

Why did you forget to mention a so called friend before?

And if he ran away with your money, why were you so confident taking members money.. "Impossible" to Almost Impossibe" to you got scammed..[/quotef5ce42e867]

Well, it was still impossible for you guys to get scammed because I would refund your money either way, so that part was true. But I know this guy personally, and we were actual friends for about 2 years. He invested my money all the time and gave me even more back. I guess he was building me up. Then he said we can go in together and get clients and I would earn 5% and he would earn the other 5% of comission. But there he goes, after getting him several clients on here and many more on ohter online communites, he runs away with my money and even moves out of the country. His parents said he went to amsterdam. but i dunno, im just soo pissed and im sorry to everyone on these forums.[/quotef5ce42e867]

whats up with scams and leaving the country? its like (perfect scam+being caught=leaving the country with a lot more excuses)

johnjimjones

30-01-2006 14:31:00

Did you even know this guy??
wow.
This seals it. I'm sticking to the freesites and that's it.

There is no such thing as insider deals or money machines.

Aurelius

30-01-2006 15:14:57

maybe... bspense actually earned some interest on the money he got from fipg members and then just refunded the money so he wouldn't have to pay interest. ) just a thought

justinag06

30-01-2006 16:21:04

OK im not quire following what you're saying. It doesnt seem to make sense though if Im hearinf you right. It looks like he got scammed with his and our money, and took a hit to pay us back.

akalic

30-01-2006 16:23:21

100 dollars into 1000 in one week, come on lets be realistic here...especially earning that kind of money at large portions at a time

xztiger

30-01-2006 16:51:20

yeah i know, why would he want to share anyways? with that kind of "garanteed" money, id be geedy i mean just think you would NEVER have to work again... how many people would put that on the line? and Aurelius it wouldnt surprise me one bit if thats what he did, people wont just be nice, they always have to get more in return its called greed, and everyone goes by that lol... i mean come on.... look at the number of scammers we see on here daily

mikedb

31-01-2006 12:14:50

for the record, I was also issued a refund. All I can say is that I am thankful that bspence was cool enough not to run away with the money.

Thanks,
Mike

mrwzk

31-01-2006 12:42:13

there would be no point to make money off us and than say he didnt. cause people know it didnt work so they wont do it. he would of minimized his profits if he did it that.

his parents are saying he is leaving the country so you dont come after him, i doubt he is going to change his whole life to get away from u. hes gonna waste more on a plane ticket there than he got from u probabaly.