[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-13 Thread Steve Renner

Subject: Standard Reserve Took My Gold
From: SnowDog [EMAIL PROTECTED]
Date: Sat, 12 May 2001 19:19:38 -0500
X-Message-Number: 20


Hi Craig,

I have read about your situation with the closing of your Net Anywhere
account. I understand that you may not see the value of the Net Anywhere
account. I on the otherhand see an enormous value to these accounts. We call
these accounts our Cash Card Classic accounts.

In fact, I was the one of the 1st to suggest that Standard Reserve should
charge for these accounts. As a business man and exchange agent with one of
the largest customer groups in Standard Reserve, (27,000 Members and growing
strong), I can give you a laundry list of reasons why people are actually
getting a bargin at only $3.00 per month for the service that this account
provides.

Needless to say, I would be honored to assist you in recovering your $9.00
from your account. Therefore I have transfered 1.05 grams ($9.00) of gold to
your egold account# 106762 (Name:SnowDog).

I would further like to offer you and the other members of the e-gold list a
special discount on our Cash Card - powered by Standard Reserve. The Cash
Card gives you access to your egold funds at over 500,000 ATM's worldwide.
Simply transfer your funds from your egold account to your Cash Card
account, and they are instantly available to spend at any ATM or 1,000's of
merchants who accept debit cards. And as always egold transfers are FREE!

Also, we will gladly exchange funds for you from Standard Reserve accounts
to egold anytime.

---
Here is a testimonial from 1 of our customers:

Dear Steve,

My thanks to Steve Renner at CCI for recent Support.  Whatever happened
to my missing egold transfer? CCI acted quickly and responsibly with
professional support, attempting to track down what went wrong, and
ultimately, a return transfer of funds to my e-gold account in the nick of
time to meet my deadline!  I'm very happy to be a member with CCI and look
forward to a long and profitable relationship.

Best regards,

Kate Szal
--

BTW: We have a Great Reseller Program, and all Cash Card Mermbers are
automatically FREE Resellers.

I have set up a special site just for Egold List Members --

Goto:  http://www.cashcards.net/rep/1030

Just sign up as a FREE Member and send me an email with your Member ID and I
will get you in for the Special Egold List Members price. (Too Low To
Publish)

Yours In Success,

Steve Renner, Founder
Cash Cards International, LLC
250 Second Ave S #110
Minneapolis, MN 55401
Phone: (612) 333-3893
Fax:  (612) 332-3834

~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~
http://www.cashcards.net

mailto:[EMAIL PROTECTED]
~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~-~







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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-13 Thread C. Cormier - Ormetal Inc.

On 13 May 2001, at 20:49, Steve Renner wrote:

 Simply transfer your funds from your egold account to your Cash
 Card account, and they are instantly available to spend at any ATM or
 1,000's of merchants who accept debit cards. 

Is this really true? The way I undestand it, e-gold is first transfer to 
SR-gold for free. But then, before the funds can be used through an 
ATM machine, they must first be transfered to the USD account.
This must be done manually and there are costs in this operation, 
both a conversion costs and a transaction costs.

Can you staright me out if I am wrong and give more details ?


Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
==

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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-13 Thread SnowDog

Hello!

Thank you very much for your offer, and Elwyn Jenkins has already paid-out
my account. In fact, I probably owe him an apology; I should not have
mentioned my predicament to the e-gold list so soon. There just seemed to be
a series of events that led me to believe they had adopted a bad policy. It
turned out that it was just a misunderstanding.

However, with regard to the Net Anywhere account, I still don't understand
why they want to charge $3 for the account. It is my understanding that the
Cash Card is not available for use with the Net Anywhere account. The card
is used with the Instant Anywhere account, which has always had fees, from
my understanding. The $3 fee would be worthwhile if the Net Anywhere account
was useful. From my perspective, it may be very useful in the future, but as
of now, it hasn't built up any significant level of 'critical mass' yet. [I
can't use it to go bowling, for example.]

Thank you again. I've now more than doubled my money with this error, and
I'm not sure what I can do to make your gift to me worthwhile for you.

Craig



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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread jpm

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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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread Michael Moore




 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:


The owner(s) of the e-gold conglomeration own 37% of Standard Reserve or
thereabouts.

Kind regards,

[EMAIL PROTECTED]
http://www.gold-today.com
Sign up with e-gold today and get grams of e-gold here.
https://www.e-gold.com/newacct/newaccount.asp?cid=129542
Sign up with osgold and get an osgold account today
http://www.osgold.com/index.php?id=1008
subscribe to the gold-today discussion group at
http://groups.yahoo.com/group/goldtoday



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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread SnowDog

 Everyone makes mistakes in business, that was a doozy.

Yeah, a whopping $9 mistake. :)

I suppose it could have been an oversight, but I am a bit baffled by their
actions:

1) Why are they raising fees? Everyone wants to make a profit, but the
account that I had was the free one, without the ATM card, and without any
type of liquidity. I can't convert the account to e-gold, and I don't think
anyone accepts Standard Reserve currency yet. So how are they justifying
their fee of $3 per month when the only thing you can do with the account is
just sit on the money? If people wanted to sit on gold, they should put it
into GoldMoney, since they only charge 1/2 of 1 percent per year. Even if
they had it in E-Gold, they would have to have over $3600 in e-gold before
the fee is $3 per month.

2) Why did it take 12 days to close my account, after I made the request?
Are they closing a LOT of accounts after their letter sent April 30? If so,
what are they doing with the gold in the other accounts?

3) Since they are 100% backed by e-gold, then why didn't they just send the
gold back to my e-gold account? That would have been the honorable thing to
do. Even if they justified taking $3 out for the month of May, it would have
been more beneficial to me. The last thing they should have done was to
close the account and take the gold, since I requested to close the account
to AVOID paying the $3 fee.

Did anyone else close their Standard Reserve account with this fee increase?
If so, what did they do with your SR-AUG gold?

Craig



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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread twpmarket

   FYI, I closed my account because of the excessive charge.  It
was one of the 'free'
accounts when I opened it and I had not yet funded it.  It did
take several days to
receive a reply to my request to close the account.  I will be
charitible and assume
they are swamped with requests to close accounts... 
Dave 

SnowDog wrote: 

  Did anyone else close their Standard Reserve account with this
fee increase? 
  If so, what did they do with your SR-AUG gold? 

  Craig

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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread CCS

 the account that I had was the free one, without the ATM card, and 
 without any type of liquidity. I can't convert the account to e-gold

 Since they are 100% backed by e-gold, 

What!  You can't redeem SR for e-gold?  Then what does backed
mean?  If that is the case then SR is no better than OSGold!

What are people thinking of when they say backed; it doesn't
mean anything if there is no redemption.

Best,

CCS

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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread Elwyn Jenkins

 the account that I had was the free one, without the ATM card, and
 without any type of liquidity. I can't convert the account to e-gold

 Since they are 100% backed by e-gold,

What!  You can't redeem SR for e-gold?  Then what does backed
mean?  If that is the case then SR is no better than OSGold!

What are people thinking of when they say backed; it doesn't
mean anything if there is no redemption.



Where does this comes from?
Of course Standard Reserve Gold can be redeemed for E-Gold.
Go and see any of our agents who will do this for you.
In the next couple of weeks this will also be a totally automated feature!!

Standard Reserve in its exchange function only deals with redemption above a
limit. It is the job of Agents or Market Makers to do smaller amounts.

More than 50 people a day redeem SR for E-Gold.

Who gave you such mis-information?

Dr Elwyn Jenkins
Chief Executive Officer
Standard Reserve
++



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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread Craig Spencer

Elwyn Jenkins wrote:

 Who gave you such mis-information?

See previous, quoted message (from SnowDog) in thread.

CCS

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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread Elwyn Jenkins

STANDARD RESERVE REPLIES TO THIS MOSTLY MISINFORMATION:

1) Why are they raising fees? Everyone wants to make a profit, but the
account that I had was the free one, without the ATM card, and without any
type of liquidity.

There are more than 12,000 people to whom you can spend Standard Reserve
Gold. As well there are more than 3 ways to exchange Standard Gold for other
monies: exchange into Standard USD, exchange into CARD-USD and therefore to
obtain monies from an ATM. Even from one of the smaller and unvalidated
ownership accounts you can access all of these methods of exchange. One can
also go to any Agent on the Standard Reserve list and obtain national
currencies and even e-gold.


I can't convert the account to e-gold, and I don't think
anyone accepts Standard Reserve currency yet.

There are more than 12,300 people who accept Standard Reserve currency!!!

So how are they justifying
their fee of $3 per month when the only thing you can do with the
account is
just sit on the money? If people wanted to sit on gold, they should put it
into GoldMoney, since they only charge 1/2 of 1 percent per year. Even if
they had it in E-Gold, they would have to have over $3600 in e-gold before
the fee is $3 per month.

Yes. we are favoring those people who want to hold more than $3,600 in
Standard Gold. We are looking for the serious people who want to hold larger
amounts and not be penalized by e-gold's 1% per annum, which for $5,000
would be $50 and in Standard Reserve only $36. We are seriously looking for
the serious holders and users of gold.


2) Why did it take 12 days to close my account, after I made the request?
Are they closing a LOT of accounts after their letter sent April 30? If so,
what are they doing with the gold in the other accounts?

By the way, no $3 fee has actually been charged to any account as yet. And,
the fact that it took 12 days to close has nothing to do with charging a fee
or making you pay. We have allowed a month for people who wish to close
their accounts before the fee is charged.

As a matter of fact, the reason why your account was not closed for 12 days
was that we had in that 10 day period the greatest growth we have had yet!
We opened 5,350 accounts on the week we announced the $3 fee and could not
attend to closures as we were dealing with accounting openings. We have
since the day we announced the new charges the greatest growth Standard
Reserve has experienced yet.


3) Since they are 100% backed by e-gold, then why didn't they just send the
gold back to my e-gold account? That would have been the honorable thing to
do. Even if they justified taking $3 out for the month of May, it
would have
been more beneficial to me. The last thing they should have done was to
close the account and take the gold, since I requested to close the account
to AVOID paying the $3 fee.

Your Gold has not been taken. You asked for an account closure. An email
indicating that you have value in the account was sent to you. I have not
had a reply as to what we should do for you. Please reply to my personal
email address ([EMAIL PROTECTED]) and I can make sure your value is
exchanged into something you find suitable.


Did anyone else close their Standard Reserve account with this fee
increase?
If so, what did they do with your SR-AUG gold?

Any of our Agents will give you your value in USD, e-gold or whatever you
would like.


Dr Elwyn Jenkins
Standard Reserve
++


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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread SnowDog

 Where does this comes from?
 Of course Standard Reserve Gold can be redeemed for E-Gold.
 Go and see any of our agents who will do this for you.
 In the next couple of weeks this will also be a totally automated
feature!!

The point I was trying to make was a secondary point, (supporting another
point), that the Standard Reserve Net Anywhere accounts did not have easy
liquidity by allowing them to be automatically converted to e-gold. You can
automatically convert from e-gold to SR-AUG with a very minimal fee, but not
the other way, even though such a promise to provide this type of transfer
has been made for over 6 months now.

On another note: Is it possible to remove $9 in SR-AUG through an agent
without a larger fee than it took to move the value from E-Gold TO SR-AUG?

Craig



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[e-gold-list] Re: Standard Reserve Took His Gold

2001-05-12 Thread SnowDog



 Your Gold has not been taken. You asked for an account closure. An email
 indicating that you have value in the account was sent to you. I have not
 had a reply as to what we should do for you. Please reply to my personal
 email address ([EMAIL PROTECTED]) and I can make sure your value is
 exchanged into something you find suitable.

Thank you very much for your consideration. It is quite comforting to know
that this was simply an oversight, rather than a policy issue. I do believe
that the matter is trivial, since I only had $9 in the account.

Unfortunately, the account HAS been closed. I received an email to that
effect, and I cannot log into the account. I received no email acknowledging
the value in my account, though I mentioned it in my request to close.

My SR account was: 120007
My E-Gold account is: 106762 (Name:SnowDog)

Deduct whatever you believe necessary for the fee. I have no way to go to an
agent since I cannot log into the account. Please understand that I believe
this to be a trivial matter. It was the policy that I was concerned about.

Sincerely,

Craig Haynie (SnowDog)



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[e-gold-list] Re: Standard Reserve Took His Gold - Rubbish!!

2001-05-12 Thread Elwyn Jenkins


Thank you very much for cashing out my balance. I notice that you overpaid.
Was this intentional?


Of course it was intentional! Go figure!!

ej
++


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[e-gold-list] Re: Standard Reserve Took His Gold - Rubbish!!

2001-05-12 Thread SnowDog

I would like to thank Elwyn Jenkins for cashing out my account. Indeed, he
overpaid me by cashing the account out for $12, instead of the nine.

However, there is a caveat... communication is so difficult. Just when I
thought we were communicating, I get this in the email from Mr. Jenkins:

 Craig. If you would please go and look in your e-gold account you will
find
 it there right now. I find it rather clever of you to provide
misinformation
 in the manner you have.

Why in the world would I want to provide misinformation about Standard
Reserve? What a shame...

Craig



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