That's is right this thread is supposed to be about getting information on Senen or PM. But the reason I am speaking up because this crap that is being posted is not factually correct. Many of these posteres are not even members of PM, and they have no idea who Senen is or what PM is. I too want to know more about Senen but what is being said here is not information it is disinformation. A bunch on nobodies posting a bunch of garbage just to pile on and fuel a fire, there is very little information in 120 pages of nonsense, mainly posted by people with absolutely no, and I mean zero, facts about Senen, PM or the events that led up to the losses.
Don't forget most information did not emerge due to the NDA! When it did the members were bullied into silence.
Bigol' stated this is not the forum to get useful info.
Actually this is THE forum to attend. Yes there is alot of half-truths, highly opinionated, accuasatory, emotionally charged but also well-meaning contributors. It is these posts that caused many to hold off investing or topping up their investments. (thanks guys and gals)
Is this forum not the opposite side of the same coin of hype, over-selling, half-truths, brain-washing as well as factual marketing that persuaded so many to invest or go all-in? Call it balancing the scales.
My concerns were heightened that the very education IIC advocates on risk management was being signed away in agreements giving authorisation to (then faceless) traders to lose it all wih impunity. Due diligence would show an obscure network of control and ownership of IB and owners. Dates of the entity registrations are at odds with the trading history timescales being touted.
The education in PM obviously geared people up, to send more than the infamous 3% 'vegas money' with dream-boards and annual assumtions of PMax returns over and above anything investor may currently hold. How many EVG members does Mike actually beleive have an investable net worth of $333,333 (x3% = $10,000 minimum investment)?
If Mr Dillard was so concerned that (according to his reply), EVG members should know to already have a solid investment platform in place then why did he open it up to non-members?
If Mr Dillard is now radically changing the EVG website to 'move away from high risk speculative investments', how can his concience allow him to plug 2000% schemes run by an even more notorious individual?
In my humble opinion Mr Big Boll**** whoever you are, has either got enough money to dismiss such a loss or he is mentally belittling its size as a coping mechanism.
What about leaving money invested? I would fear that Kevin, if genuine, may end up chasing profits a little too hard. Missed the recorded explanation, oops that was conveniently lost somehow, was Kevin pressing the buttons on this one too? That was a bit cynical - sorry Kevin I hope you are all as genuine as the marketing videos suggested.
Senen's and Mike's actions since the mistake indicate more of an instinct for self (financial) preservation than a genuine concern or even empathy for members they are supposed to serve.