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  #1  
Old 11-25-05, 11:52 PM
moremoe moremoe is offline
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Default Moorish Treasury problem?

It is now 3 days since a self imposed deadline passed without any further word from Doro. On Nov 16th, he announced that he would be delayed getting funds owed to investors, but that all would be corrected within 7 days. It is now 10 days, and what is troubling is that no further communication has come from him. I and others have emailed him but have had no response.

Doro has always had an excellent reputation and has been good on his word in the past. It is reasonable to expect that he would keep investors informed if there is any further delay, but he has not. A simple update would keep investors like myself from making this public
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  #2  
Old 11-26-05, 12:29 AM
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Isn't there contact information on the site; like a phone #?
Might be worth a call at this point. This situation is very concerning, given the reputation Doro has made both in running an honest program, and criticising scams.

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  #3  
Old 11-26-05, 12:52 AM
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no phone number; only admin email. It's possible some family emergency occurred, but the timing suggests otherwise.
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  #4  
Old 11-28-05, 02:14 AM
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An announcement from Doro has been sent to investors and I am now satisfied that everything will be sorted out.

While this is certainly encouraging news it is inexplicable to me why he didn't communicate sooner as it has been a long 12 days of silence for some of us.
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  #5  
Old 11-28-05, 05:56 AM
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Here's the much awaited announcement:

As I've been unable to get consistent and reliable Internet access for the last few days, in addition to moving to a new home office the day before the Thanksgiving holiday, I'm just now getting out the most recent update.

Internet access won't be set up at the new home office until Friday, Dec. 2nd. I'm typing this outside at a wireless access point with my laptop right now.

All current investors for the month of November who are due interest payments, along with repayment of their principal have been emailed with details regarding the delay, along with what being done about it.

This is in follow up to what was sent to them last week.

The individual who decided to make an inflammatory post in TalkGold, alleging that none of the investors due payment in November were paid at all, will be addressed when I have the time to find that post again.

I'm very displeased by it, considering the fact that a number of investors for this month were paid on time, and I'd sent a detailed email update explaining the delay to the remaining investors.

I was so angry that my computer froze up as I was going to type out an immediate response. Taking the hint, I calmed myself down, and waited several hours before coming back online to post here now.

The bottom line is this:

This is not a typical end of the year holiday season slowdown. Recent events with respect to people’s perceptions regarding the viability of DXInOne have done nothing but create additional work for me.

I’ve had to adapt to the deep discount selling of DXGold in the TalkGold sub-folder by negotiating private arbitrage deals so that I could avoid paying a steep premium for e-bullion and e-gold.

I have successfully secured an amount of DXGold that exceeds the e-bullion and e-gold that is due to Moorish Treasury investors whose payments are late, and have been spending a significant amount of time negotiating p4 trades at the standard 107% rate in order to convert it.

I believed that this would take about a week. I was sorely mistaken, as the negative perception of DXInOne promoted at TalkGold and, to a lesser extent, DX4Dummies, resulted in people not taking my requests very seriously.

So, I have had to arrange several in person mettings this week with people whose impressions of DXInOne are positive or neutral.

Anyone who doubts the amount of DXGold I have available may request a screenshot of my DXSummary page for today's date. I may even post it in TalkGold. All other questions and comments may be sent to me here or by email.
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  #6  
Old 11-28-05, 06:57 AM
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Thanks, Doro. At this point I don't think anyone doubts you, but for myself I was really thinking the possibility of MT dissapearing, as no word passed for 12 days... There have been some upsets in the past week with hyips...
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  #7  
Old 11-28-05, 07:22 AM
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Thanks Doro for posting here of your situation. I don't think that anyone who has dealt with you for any period of time doubted your integrity with MT, but more concerned with why no communication. You have now explained you're difficulties, which are understandable. Your efforts with DXone, negotiating private arbitrage deals, spending a significant amount of time negotiating p4 trades at the standard 107% rate, are evidence of your dedication to MT. "Inflammatory" remarks at TG making your credibility a question -surely something you will address.

Best of success,

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  #8  
Old 11-28-05, 10:14 AM
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Please keep us up to date with events as this is one program I don`t like seeing in this folder for any longer than necessary.
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  #9  
Old 11-30-05, 02:03 AM
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Here's the situation: I have at least $30,000.00 worth of DXGold that I will need to convert into e-gold and e-bullion through standard p4 trades at the 107% rate.

To do this I have to make contact with people whose opinions regarding DXInOne are either positive or neutral. I'm also working on accumulating enough DXGold to cover the payments due in December and January to insure that they will be made on time.

I don't expect the deep discount DXGold sales to continue past December, owing to the efforts that are being taken to get the OutX processing speed up to between one to three days.
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  #10  
Old 11-30-05, 02:15 AM
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Quote:


To do this I have to make contact with people whose opinions regarding DXInOne are either positive or neutral.



Is this so that they will favorably work with DXInOne exchanges? Pardon my ignorance....

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  #11  
Old 11-30-05, 03:31 AM
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golddust,

The idea is that I can introduce these new people to DXIO in such a way that they don't think of the DXSystem as a means to get rich quick, but as a means to get rich over a period of time, with prudent account management.

I have the DXPT e-book loaded to both my laptop and desktop computers, so that I can do a professional consultation with the audio and video streams.

I also have a list of articles that introduce the use of precious metals backed digital currencies to those who'd never heard of them before, along with a background article on E-gold.

These would be the people that I'd be trying to do p4 trades with, as that is how I was introduced to DXGold. I saw an ad for a p4 website, and did one or two p4 trades, then setup my Merchant Console and Portfolio.
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'If you think of yourselves as helpless and ineffectual, it is certain that you will create a despotic government to be your master. The wise despot, therefore, maintains among his subjects a popular sense that they are helpless and ineffectual.'

- The Dosadi Lesson: A Gowachin Assessment
(Frank Herbert, 'The Dosadi Experiment')
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  #12  
Old 11-30-05, 06:30 AM
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Quote:
The idea is that I can introduce these new people to DXIO in such a way that they don't think of the DXSystem as a means to get rich quick, but as a means to get rich over a period of time, with prudent account management.


This seems a sound strategy. Thanks for the info Doro and I know you will succeed in your efforts, inspite of the timing(stress factors).

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  #13  
Old 12-02-05, 09:14 PM
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My goal is to accumulate about $150,000.00 worth of DXGold before the end of December. I've been able to get about $67,000.00 worth of DXGold from the deep discount sales so far.

I'll be contacting two people, one in Maryland, the other in Philadelphia, to promote the p4 trades at the standard 107% rate, along with selling them the DXPT e-book, now that it's available for $250.00 and can be paid for with DXGold.

Introducing new people to DXIO with quality training material should help towards ending the slowdown.

The e-bullion and e-gold from these p4 trades will be used to settle accounts with all current investors that are still due payments from November, with the rest being circulated into the DXSystem through my Merchant Console.

Assuming this all works out as planned, payments due for the months of December and January should be made on time.
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'If you think of yourselves as helpless and ineffectual, it is certain that you will create a despotic government to be your master. The wise despot, therefore, maintains among his subjects a popular sense that they are helpless and ineffectual.'

- The Dosadi Lesson: A Gowachin Assessment
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  #14  
Old 12-02-05, 10:28 PM
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Quote:


Assuming this all works out as planned, payments due for the months of December and January should be made on time.



I have no doubt of your intention to make it so, but at this time of year, everything seems to move slowly... (except for the number of shopping days 'til Christmas...)

Thanks for keeping WebLife updated.

golddust
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  #15  
Old 12-06-05, 08:33 PM
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I now have $75,000.00 worth of DXGold available.

I've decided that it would be best to negotiate a few large p4 trades.
The proposed ones below are what I need right now:

$19,854.06 worth of DXGold for $18,555.20 worth of e-gold
$6,916.91 worth of DXGold for $6,464.40 worth of e-bullion

Should you become aware of anyone looking to come into DXInOne at this time, I would appreciate you having them contact me: admin@moorishtreasury.com


I'll be working out the size of the p4 trades needed to convert the amount of DXGold I have into e-bullion, e-gold and pecunix to cover the payouts due for the month of December by this time tomorrow.

Right now I have about $210,000.00 worth of ClaimX's that are still available for me to process on my Merchant Console. Were I able to process it all within a week, I know that the amount of AutoInX's created for other DXMerchants would create a noticeable circulation of funds throughout the DXSystem, as I'm certain that a number of those DXMerchants would process OutX's.

Someone purchased a DXPT e-book through the DXGlobal Payment Console on my website with $250.00 worth of e-bullion. The standard pricing for the Portfolio and Console e-book is $750.00

The $250.00 reduced price will be available for it until the beginning of January, so I will suggest people doing the p4 trades with me at this time acquire it so that they can learn to manage their Portfolios profitably during this transitional period.


The audio and video streams are updated as conditions change within the DXSystem.
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'If you think of yourselves as helpless and ineffectual, it is certain that you will create a despotic government to be your master. The wise despot, therefore, maintains among his subjects a popular sense that they are helpless and ineffectual.'

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  #16  
Old 12-06-05, 10:52 PM
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Keep up the hard work, Doro, I`m sure your efforts won`t go unrewarded.
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  #17  
Old 12-13-05, 01:45 AM
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Still waiting, more or less patiently, for November payout. Hopefully will be settled before Christmas...
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  #18  
Old 12-15-05, 11:26 AM
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I have now accumulated a little over $90,000.00 worth DXGold, and have made as many of the December payouts as I could with the e-gold and e-bullion that I had available.

I need to make the following p4 trades in order to successfully complete the rest of the November and December payouts:

For November's outstanding payouts:
$19,854.06 worth of DXGold for $18,555.20 worth of e-gold
$6,916.91 worth of DXGold for $6,464.40 worth of e-bullion gold

For the remainder of December's payouts:
$13,910.00 worth of DXGold for $13,000.00 worth of e-bullion gold
$7,490.00 worth of DXGold for $7,000.00 worth of e-gold

I'm posting this publically for those interested in doing these p4 trades with me, so that they can PM me here or email me at admin@moorishtreasury.com

With the right people, I could conclude all of these trades within a day or two.

After having read of a number of online ponzi schemes that scammed their victims out of millions, I have serious trouble believing that I should have any difficulty getting a hold of a few hundred thousand honestly.
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'If you think of yourselves as helpless and ineffectual, it is certain that you will create a despotic government to be your master. The wise despot, therefore, maintains among his subjects a popular sense that they are helpless and ineffectual.'

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(Frank Herbert, 'The Dosadi Experiment')
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  #19  
Old 12-15-05, 04:12 PM
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Quote:
Originally Posted by Doro Ajani
I have now accumulated a little over $90,000.00 worth DXGold, and have made as many of the December payouts as I could with the e-gold and e-bullion that I had available.


Doro, why would you be making ANY December payouts before you have completed the November ones?
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Old 12-15-05, 11:14 PM
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moremoe,

The idea was to make as many payouts on time as possible. No different from what I did last month.

Finding myself in a situation where I would be unable to pay everyone on time, I had to choose between making some payments and being late on others, or making none at all.

Put yourself in my position and ask yourself what you would do.

The size of the remaining November payouts were beyond the amounts of e-bullion and e-gold that I had available, which is why I've been looking to arrange p4 trades at the standard 107% rate for the amounts I mentioned in my last post.

Under present conditions, no one would entertain or tolerate the idea of NO PAYOUTS FOR TWO MONTHS STRAIGHT. It wouldn't matter how well liked or respected an admin is.

Any credibility that I'd earned within the last year or so would be damaged beyond repair if NO ONE had been paid in the last two months, especially considering the effects of the compounding slowdown and changes within the DXSystem.

It is now 11 days before Christmas and I have the task of exchanging a fairly sizeable amount of DXGold into e-bullion and e-gold under what you would have to agree are VERY challenging circumstances.
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'If you think of yourselves as helpless and ineffectual, it is certain that you will create a despotic government to be your master. The wise despot, therefore, maintains among his subjects a popular sense that they are helpless and ineffectual.'

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