Frenden Dax
Dax Acquisitions
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Posted - 2009.12.25 09:12:00 -
[1]
 Originally by: Scam Alert
Originally by: Ray McCormack
It makes no difference in my life if you in turn default on EBANK's loan to you, you won't be defrauding myself or the board but rather the bank's account holders.
In other words.. Ray is saying he has all the money anyway and couldn't care less about what anyone says... nobody is getting any of it back unless Ray FEELS like giving any of it back.
Actually it looks like Ray is saying that defaulting on a loan isn't a viable way to strike at him or any EBANK staff personally, and instead hurts the account holders. To which I can only respond, lol uncollateralized loans.
I think you're getting Ray confused with YGR. See, YGR follows the whole "if I don't like you I don't feel obligated to honor any agreements with you" philosophy, and I very much doubt that I'll ever see even 20-30% of my 500m investment back from him. Hilariously, Cosmoray and various other people who are quick to eviscerate Ray and other EBANK staff have actually invested in YGR's new offering, despite acknowledging that he is a scammer. But that's neither here nor there.
Now let's look at Ray. Ray's style is more along the lines of "troll the hell out of the serious-business-internet-spaceships-money crowd while actually doing work behind the scenes." Granted, a little more clarity on what the heck is going on 'behind the scenes' would be nice. But unlike YGR, Ray isn't a scammer. If he wanted to scam, he has had ample opportunity to do so already, whether with BMBE, AATP, or another one of the projects that he's formerly been or currently is at the helm of.
Eventually, at some point in the future, the option to withdraw part or all of an account's balance will become available from EBANK. That is something I'm fairly certain of. Will interest be paid retroactively? Probably not. Is that right? No, but getting some or all of your principle back (eventually) is a damn sight better than not getting anything back at all ever.
I'm not defending Ray's posting style or signaling approval of anything he's posted, nor am I taking sides on current EBANK policy. I'm merely pointing out that actions in his case speak far louder than words. And yes, I'm aware that I just swallowed a troll's bait hook, line, and sinker.
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