The tradgedy is that e-gold (GSR ... whatever) invests/invested in
"Standard Reserve".
Yet another massive opening for litigation against e-gold.
Everyone makes mistakes in business, that was a doozy.
>I received a letter from Standard Reserve a few days ago saying they were
>going to start charging a monthly fee. Here is part of that message:
>
>[---------------
>"Effective May 1, 2001 your Net Anywhere Account at Standard
>Reserve comes of age. Services that are surviving the dotcom age
>no longer come free. To ensure that we can serve you into the
>future, we will be charging a service charge of USD $3 per
>month. Your Net Anywhere Account still remains the best value
>account online. Our level of customer service will be
>maintained, and new services will be brought online to meet your ongoing
>needs.
>
>"If this does not meet with your approval, you can close your
>account by sending an e-mail to:
>mailto:[EMAIL PROTECTED]?Subject=Close_NetAnywhere
>----------------]
>
>So I sent a message asking to close the account, and asking to send the gold
>to my e-gold account, or advise otherwise:
>
>[--------------
>"Please close my net-anywhere account, #------
>
>"If possible, please transfer my gold to e-gold, account #------
>Otherwise, please advise as to how I am to withdraw the gold.
>---------------]
>
>Now, 12 days later, I find that the account has been closed, and the gold is
>gone:
>
>[--------------
>"Per your request, we have closed your account.
>We hope that you will come back and visit us sometime in the future."
>--------------]
>
-----------------------------------------------------------
"Great ventures create great mottos."
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