View Full Version : MartinVs "Everytrust" & "My Life Consultants"
Locknar
17th February 2008, 04:22 PM
From another thread:
As a further aside: I note you are the founder of Everytrust, described here (http://www.lulu.com/content/1073493) as "a trillion dollar non-profit organization that provides health, education, food, housing, and employment benefits to all 6.6 billion people of the world, with 950 offices in 250 countries". I would love to have an in depth discussion with you regarding everytrust over in the business section. Would that be amenable to you?
I think many would be interested in discussion of MartinV's business dealings, espeically involving Everytrust (http://www.everytrust.org/) (a reported trillion dollar trust fund) and the "My Life Consultants (http://answers.google.com/answers/threadview?id=158909).
For example, Everytrust is reported to have 950 offices in 250 countries (http://www.lulu.com/content/1073493); that is exceptional. Certinaly a trillion dollar organization as large as yours (MartinV) is worthy of discussion here.
That said, I can't help but wonder why the address for their International HQ is given as the residential address: 3809 Purdum DR, Mt Airy, MD 21771 (http://www.networksolutions.com/whois/results.jsp?domain=everytrust.org)
What is really odd, is this is also the address of "My Life Management LLC (http://www.oag.state.md.us/Homebuilder/4000.htm)", a registered builder in MD and something called My Life Inc. (http://www.macraesbluebook.com/search/company.cfm?company=1309836) which does temporary staffing (though their website (http://www.mylife.com) mentions "Share your life and news with friends and family").
wahrheit
17th February 2008, 04:32 PM
(a reported trillion dollar trust fun)
http://upload.wikimedia.org/wikipedia/commons/thumb/6/6f/Sigmund_Freud-loc.jpg/180px-Sigmund_Freud-loc.jpg
My name is Sigmund, and I approve of this slip.
BTW, you can preview the index of Martin's book here (http://www.lulu.com/browse/preview.php?fCID=1073493). Um, well, what to say... dunno.
Gord_in_Toronto
17th February 2008, 04:49 PM
http://upload.wikimedia.org/wikipedia/commons/thumb/6/6f/Sigmund_Freud-loc.jpg/180px-Sigmund_Freud-loc.jpg
My name is Sigmund, and I approve of this slip.
BTW, you can preview the index of Martin's book here (http://www.lulu.com/browse/preview.php?fCID=1073493). Um, well, what to say... dunno.
No. "a million dollar a truss fund" would be a Freudian slip. A trust "fun" is just a brain fart. :p
As far as the "trust" is concerned I see that the whole population of the World is a member. You just have to send in a donation for your membership card. :boggled:
Locknar
17th February 2008, 04:59 PM
I dunno...if I had access to a trillion dollars, I'd certainly have fun *lol*
Corrected.
Personally, I'm eager to have MartinV join in this discussion. The published CEO of a trillion dollar, multi-national, organization I think would have a lot to offer.
John_Geeshu
17th February 2008, 06:44 PM
Yes, and apparently he wrote seven, count them, seven books in 2007; quite a feat! I'm not sure even Stephen King can top that.
martinv
17th February 2008, 07:01 PM
With regards to the Everytrust organization I have formed.
Here are the facts:
1. It is incorporated in the state of Maryland under the name Everytrust International, Inc
2. I am a certified Oracle DBA and work with large database data warehouses
3. I created an oracle 11g database with tables that have 6,700,000,000 rows for the trust
a. One row per person on the planet, plus extras
b. The columns with state, country, and balance have values.
c. Most other columns are null
d. The tables contains records for people in 250+ countries
e. The value column in the database contains 16 digits of precision
4. The trust is based on a 1000 year time table
a. We decided trillion because that amount of compound interest is attainable in 300 years with a reasonably small starting balance
b. Your generation and your childrens generation will not see much economic benefit from the trust
c. See calculator below to get your own number
4. We used shared office space from Regus
a. they have 950+ offices
b. we use their offices
c. We do not have permanent offices (and do not state that we do)
d. Actually web site has been toned down. That was a little much.
5. The actual trust exists as a legal document.
a. The trust does list all 6.6+ billion people on the planet
b. the beneficiaries are identified as a named set "people on the planet"
6. The trust fund (which is a private document that does not need to be filed with the state) and the incorporated non-profit
a. use my home address as the legal mailing address
b. use the PO 1086 mail box as the marketing address
c. We have no other permanent office
To provide proof of some of the above I add the following from my computer:
SQL*Plus: Release 11.1.0.6.0 - Production on Sun Feb 17 21:00:51 2008
Copyright (c) 1982, 2007, Oracle. All rights reserved.
Enter user-name:
Connected to:
Oracle Database 11g Enterprise Edition Release 11.1.0.6.0 - Production
With the Partitioning, OLAP, Data Mining and Real Application Testing optio
SQL> select count(*) cnt from et_data.members;
CNT
----------
6700000000
SQL> select count(*) * 100 * 12 as cnt from et_data.members;
CNT
-----------------
8.0400E+12
SQL> column cnt format 9,999,999,999,999,999
SQL> /
CNT
----------------------
8,040,000,000,000
SQL> select distinct count(country) as cnt from et_data.members;
CNT
-----------------
254
SQL>
SQL>EXIT
---------------With regard to office space----------
We have Regus available to us as needed
http://www.hq.com/go/officespace
They have 950 offices in 70 countries
We have no contract with them
---------The current balance in the trust as of yesterday is
$25.15 (that is $25 and 15 cents)
I will put more money in the trust in the years ahead. No rush.
----
The statement is that the trust "IS A" trillion dollar trust
not "HAS A" trillion dollars. There is a difference.
----
According to math.com compounding calculator at
http://www.math.com/students/calculators/source/compound.htm
If you take 10,000 do not add one penny to it
Let it bake for 300 years at 8%, it produces
244,611,941,663,788.30
at 6% the calculator says:
627,801,463,003.09
The numbers get much larger when I personally add just $10 per month extra to the pot.
I am not asking anyone but myself to contribute anything to this pot to make it grow to the size it can become.
However, people IN THE FUTURE, will be able to contribute to the fund, but I do not have the necessary infrastructure built yet.
I am still running it from my house for goodness sake.
-----You also did not mention
My original plans called for working with:
1. The World Health Organization
2. United Nations
3. Red Cross
and several other international organizations
I have since decided that they will be a hindrance more than help. Last month they were removed from the business plan.
----I will admit my words come off a bit strong
and I have since toned them down.
I was hoping they would help generate some support
but not the case.
--- With regards to the mylife brand.
Here is the latest.
My Life, Inc was a business I had 7-8 years ago if I remember right. It has been closed for a long time. We did computer staffing.
MyLife Consultants and Mylife Management, LLC's
were two companies that I ran up until about 2 years ago.
They were financially ruined by a manager of mine
named James Cornelius Smith. His bad acts forced me to
close the business and cost me and several of my customers
a lot of money.
I have pressed charges and their are 2 arrest warrants out for
him filed at the Hagerstown Police Department.
I also called and placed a report with the FBI. I have also heard
that he may have done some bad acts in small towns PA, FL.
He was a real con-man. I wish I would have known beforehand.
But his method seems to be to do stuff in small towns that don't get reported in the state databases.
It almost cost me my house, my marriage, my family.
---with regards to the google page
I tried to have them add my post to it several years ago,
but they have not. I will probably have to get a lawyer involved.
This is my email to google from a while ago:
From: Martin Vendemia
Sent: Monday, June 19, 2006 9:47 PM
To: answers-editors@google.com; Martin Vendemia
Subject:
To Whom It May Concern,
I just did a search on my name "Martin Vendemia" on google and found this message.
Subject: Not able to open website
Category: Computers > Internet
Asked by: jeanmanga-ga
List Price: $10.00 Posted: 08 Feb 2003 15:57 PST
Expires: 10 Mar 2003 15:57 PST
Question ID: 158909
I would like to be able to place a comment attached to this question. Please let me know how I can do this. I did create a google answer account.
My name and reputation is important to me, and this thread makes me appear to be a fraudulent type person.
MyLife Consultants and Guaranteed Millionaire were 2 names I had registered and websites I created and eventually took down for lack of public interest and demand.
As far as I am aware, I never collected one penny from anyone - and NEVER - I repeat NEVER did anything to hurt this person or any one financially or otherwise.
I can be reached at my email: mvendemia@hotmail.com and I ask this message to be added to this thread. I take this attack against my person and family seriously.
Thanks in advance,
Martin Vendemia
----as far as guaranteed millionaire program
It never took off. It was very simple in concept. Used by wall street all time. Put money away and don't touch it. Let it compound.
What did we do. Simple. We did not wan't your account invested with us, we recommend some brokerage account and buy some good index mutual funds.
People paid us to help keep them on financial track. Not investment advise, but to help them not close their account. To not find other things to do with your money. to not squander it on electronics. Pretty simple stuff. Basically we were a coach to keep you on track. Provided you put in some money into an account, not take any out, keep investing more into that account, and earn a respectable (just reasonable) in about 20-30 years you will have reached $1M.
It is not rocket science.
Well folks sorry to say. Business and website were very short lived. Never made any money, did however have some people give us email addresses to send them our newsletters.
I thought people might like to have someone help them reach an honest $1m without scams, trickery, or other foolishness.
Guess not.
martinv
17th February 2008, 07:04 PM
Foot note to the above thread. That is my old email, it no longer works.
madurobob
17th February 2008, 07:08 PM
Thanks for starting the thread Locknar. I wanted to give martinv another day or two to focus on proving his clairvoyance. But, his claims about Everytrust are much more extraordinary that his claims of clairvoyance, at least in my eyes.
I'm very curious about a trillion dollar multi-national non-profit based at a residential address and with a website that is nothing more than a single page billboard... listing a PO Box as its main contact point. Most of the google hits include mentions of "meetups" in Maryland.
Now, I'm all for starting a new businesses and stretching the truth a little to help drive growth is par for the course. But generally when people say "trillion dollar business" they mean either annual revenue or appraised asset value. Clearly martinv has a new and different definition and I hope he joins here to explain that concept.
volatile
17th February 2008, 07:10 PM
" 4. The trust is based on a 1000 year time table"
:-O
"We have no other permanent office"
:-O
So when you said your trust had 950 offices and was worth a trillion dollars, you were basically lying?
volatile
17th February 2008, 07:14 PM
Oh - and "The current balance in the trust as of yesterday is $25.15 (that is $25 and 15 cents)" and " 5. The actual trust exists as a legal document. a. The trust does list all 6.6+ billion people on the planet b. the beneficiaries are identified as a named set "people on the planet" both have me rolling around on the floor in stitches.
madurobob
17th February 2008, 07:15 PM
The statement is that the trust "IS A" trillion dollar trust not "HAS A" trillion dollars. There is a difference.
Oh, well, that explains a lot. I'm worth well over a bazillion dollars, too!
martinv
17th February 2008, 07:21 PM
So when you said your trust had 950 offices and was worth a trillion dollars, you were basically lying?
Having 950 offices to me means that I personally (or someone I hire) can go to any of 950 offices in which to work. Regus has 950 offices (don't they?). Sounds pretty clear to me.
As far as I know, I have not said "worth".
If I did specifically use that word, I will admit to being wrong.
I have tried to stay with the "IS A" because we do not have the account balances now, but should in the future based on compound interest.
If you find any such errors, please let me know.
It is important that they are corrected.
You can be my lookout. Glad to have you on my side.
Locknar
17th February 2008, 07:25 PM
Well, I'm glad you (MartinV) cleared all that up....I'll let other folks decide "woo woo factor" and honesty wise *lol*.
volatile
17th February 2008, 07:25 PM
Martin - your trust cannot in any reasonable, sensible or sound (or even legally valid) way, be termed "a trillion dollar trust". You have picked an arbitrary (and enormous!) time period, and an arbitrary rate of interest. You could just as well say your trust was $10 trillion, or even just $10, because the time period you have selected and the rate of interest you have used to do your calculations are plucked out of thin air.
The whole thing is absurd from start to finish.
As for the office space, if you have one staff member, you only have one office. Unless those 950 offices are staffed by people employed by you (or contracted on your behalf) you do not have 950 offices. This is manifestly obvious.
martinv
17th February 2008, 07:36 PM
Martin - your trust cannot in any reasonable, sensible or sound (or even legally valid) way, be termed "a trillion dollar trust". You have picked an arbitrary (and enormous!) time period, and an arbitrary rate of interest. You could just as well say your trust was $10 trillion, or even just $10, because the time period you have selected and the rate of interest you have used to do your calculations are plucked out of thin air.
The whole thing is absurd from start to finish.
As for the office space, if you have one staff member, you only have one office. Unless those 950 offices are staffed by people employed by you (or contracted on your behalf) you do not have 950 offices. This is manifestly obvious.
If you have a problem with the words I used thats fine.
I will not argue, you win. Whatever.
The trust exists.
An incorporated entity exists to manage that trust.
It has money now.
It will have more money deposited later.
That money will compound.
The members are named as I mentioned.
The accounts exist in a database.
Everything else is just noise.
madurobob
17th February 2008, 07:38 PM
I have tried to stay with the "IS A" because we do not have the account balances now, but should in the future based on compound interest.
You are right, all I've found is "IS A...". But, thats really not the point. The real point is why you chose that dollar amount when it requires such extreme assumptions to get there.
So martinv, honestly, why that dollar amount?
madurobob
17th February 2008, 07:40 PM
Everything else is just noise.
Exactly. The statement "is a trillion dollar non profit organization" is just noise, but noise with an intent to deceive.
SezMe
17th February 2008, 07:44 PM
The John Jones Dollar (http://staff.xu.edu/~polt/keeler/etexts/dollar.html)
volatile
17th February 2008, 07:45 PM
Everything else is just noise.
Not at all, Martin. Everything else is truth, honesty, integrity, transparency, sense, logic, reason and ethics. I don't wish to be rude, but claiming that your $25 is a "multi-national, trillion dollar trust" shows you lack all of those things.
I have about GBP £10 in my pocket. If I put it in a bank account at 3% compound interest for a millenia, I will have £68,742,402,311,696.28, even without further additions.
When someone asks me how much money I have, is it reasonable, sensible, honest or wise to say I have a tenner, or £68 trillion?
I live and work in a building with over 300 rooms. I could, very easily, plug my laptop into the Ethernet points in any one of those rooms. Do I have 300 offices, or just one?
Who are you lying to, and why?
humber
17th February 2008, 07:46 PM
Absolutely priceless.
Everytrust, a trillion dollar trust, IS A $25.25 trust.
Logical fallacy, ahoy.
martinv
17th February 2008, 07:47 PM
You are right, all I've found is "IS A...". But, thats really not the point. The real point is why you chose that dollar amount when it requires such extreme assumptions to get there.
So martinv, honestly, why that dollar amount?
You tell me. Have you tried the calculator I posted?
Put 10,000 as the starting balance
Put 0 in the field for monthly deposit
Put 300 years in the year field
and YOU pick an interest rate.
Inflation is around 3-4%.
On average according to the SEC (if my memory serves)
Bonds pay around 6-7% long term average
Stocks pay around 12% long term.
The trust can stand the volatility of a heavier stock weighted portfolio with maybe 25% in bonds, 10% cash.
You pick an interest rate. Put it in the calculator and explain to me what value number you decide to call the trust in 300 years.
It is explained in detail in the book how I came up with figure. But I am curious to your value for 300 years.
Because I am not really too bothered about the first 100 years or so.
volatile
17th February 2008, 07:49 PM
""a trillion dollar non-profit organization that provides health, education, food, housing, and employment benefits to all 6.6 billion people of the world, with 950 offices in 250 countries".
I note the distinct present tense in this sentence. How much of the $25 has gone to pay for health, education, food, housing or employment to date?
Why does it not say "will provide, in a thousand years"?
martinv
17th February 2008, 07:51 PM
""a trillion dollar non-profit organization that provides health, education, food, housing, and employment benefits to all 6.6 billion people of the world, with 950 offices in 250 countries".
I note the distinct present tense in this sentence. How much of the $25 has gone to pay for health, education, food, housing or employment to date?
Why does it not say "will provide, in a thousand years"?
Thanks for catching the typo. Where does it need to be fixed?
Gord_in_Toronto
17th February 2008, 07:56 PM
I guess we all have to dream. But I generally do it while I'm asleep. :covereyes
volatile
17th February 2008, 07:57 PM
http://www.lulu.com/content/1073493
It also says you run "one of the largest organizations in the world". I am rapidly concluding that you are a two-bit scam merchant and that I should probably be reporting you to the appropriate authorities.
It's manifestly obvious this is not a typo. On the back cover of your own book (http://www.lulu.com/browse/popup_preview.php?fPicURL=/author/display_thumbnail.php?fCID=1073493&fSide=back&fSize=zoom_&1203306812&fDone=yes), it says your organization "operates at the trillion-dollar level". Present tense. A trillion dollars. Now. This is a concerted, focussed and deliberate effort to con people.
If you lived in the UK, my letter would already have been despatched. As you live in the US and I am not totally sure who the relevant authorities are, I shall leave that task to someone else.
Frankly, you disgust me. How many of these $40 books have you sold, and how much personal profit have you made from the incredulity of others?
madurobob
17th February 2008, 07:59 PM
You tell me. Have you tried the calculator I posted?
Put 10,000 as the starting balance
Put 0 in the field for monthly deposit
Put 300 years in the year field
and YOU pick an interest rate.
Martinv, finance is my life.. I don't need to use the calculator to understand the effect of compound interest and time value of money. Something you need to understand, however, is a concept called "Net Present Value" or NPV. You cannot legitimately use Future Value to value your trust, you MUST use NPV. Your trust's NPV is about $25.
thaiboxerken
17th February 2008, 08:03 PM
I think the most appropriate thing to do now is simply laugh at Martin.
volatile
17th February 2008, 08:05 PM
I think the most appropriate thing to do now is simply laugh at Martin.
Way ahead of you, Ken.
martinv
17th February 2008, 08:10 PM
http://www.lulu.com/content/1073493
It also says you run "one of the largest organizations in the world". I am rapidly concluding that you are a two-bit scam merchant and that I should probably be reporting you to the appropriate authorities.
It's manifestly obvious this is not a typo. On the back cover of your own book (http://www.lulu.com/browse/popup_preview.php?fPicURL=/author/display_thumbnail.php?fCID=1073493&fSide=back&fSize=zoom_&1203306812&fDone=yes), it says your organization "operates at the trillion-dollar level". Present tense. A trillion dollars. Now. This is a concerted, focussed and deliberate effort to con people.
If you lived in the UK, my letter would already have been despatched. As you live in the US and I am not totally sure who the relevant authorities are, I shall leave that task to someone else.
Frankly, you disgust me. How many of these $40 books have you sold, and how much personal profit have you made from the incredulity of others?
Thanks for catching this for me.
I thought I had clicked the private link
on lulu on these because I was still working on
the marketing stuff. It was way over the top.
Your comments have been very helpful.
About a month ago, I took off all the extra pages from the website that were just so over the top.
I think the site is 1 or 2 pages of the basics.
I have not had a chance to add more pages to the site yet.
As far as profit goes. None. Have not yet put a release date on them. Put them on the front page of the website expecting them to be out a long time ago. But have been too busy.
You guys are really helping me out. I totally forgot they were listed on the website. Thanks for reminding me.
You guys rock.
Locknar
17th February 2008, 08:17 PM
Thanks for catching this for me.
I thought I had clicked the private link
on lulu on these because I was still working on
the marketing stuff. It was way over the top.
Your comments have been very helpful.
About a month ago, I took off all the extra pages from the website that were just so over the top.
I think the site is 1 or 2 pages of the basics.
I have not had a chance to add more pages to the site yet.
As far as profit goes. None. Have not yet put a release date on them. Put them on the front page of the website expecting them to be out a long time ago. But have been too busy.
You guys are really helping me out. I totally forgot they were listed on the website. Thanks for reminding me.
You guys rock.Right; which is why you are editing your pages and self publishing links since I brought all this up - to be honest, and correct mistakes *lol*
What I find really interesting:
Also a great book for the general public to gain a rare insight into the formation of one of the largest organizations in the world first hand from the founder Mr. Vendemia as it happens. Learn a secret formula that will revolutionize the world of economics. Mr. Vendemia looks at some of the big picture elements of global economics and finance with an organization that operates at the trillion dollar level.
So to be clear, you've claimed:
- To be "one of the largest organizations in the world", yet have no offices, no contracts, and $25 in the "bank"
- You claim you operate "at the trillion dollar level", again with only $25 in "the bank".
I see....sounds completely honest and above board to me. Thanks for clearing all that up.
martinv
17th February 2008, 08:26 PM
Right; which is why you are editing your pages and self publishing links since I brought all this up - to be honest, and correct mistakes *lol*
Yes. I understand this place is filled with skeptics.
And the skeptical point of view is that most people are crooks, scam artists, and such.
I have always tried to be an honest straight forward person. Doing honest business.
I have had my own businesses since I was 18.
I have always used my home address in my businesses.
Do a dns search, you see my websites list my HOME address.
If you do a state or federal search on any company of mine you will see my home address.
I take pride in my businesses and my projects. Sure I may get a little boastful in my early drafts. It helps me get my thoughts together. But those drafts are not supposed to be in the public. The final product which has all that crud cut out is what is supposed to be out there.
I fixed lulu and the everytrust website. Thank everyone for the help in doing these searches. If you find any more let me know so I can fix them. You are a big help.
I wish I would have known that you guys do this kind of digging. It would have saved me so much time. Nice.
thaiboxerken
17th February 2008, 08:30 PM
And the skeptical point of view is that most people are crooks, scam artists, and such. I agree.
Actually, most people are not crooks and scam artists. I see you as one of those who aren't most people. You are one of those people who seems to have the sole purpose of using up precious oxygen in the world.
martinv
17th February 2008, 08:39 PM
...the formation of one of the largest organizations in the world...as it happens
and you said
So to be clear, you've claimed:
- To be "one of the largest organizations in the world"
Anybody see a problem with the second quote compared to the first.
The books are journals 'Everytrust Journal' that record the development of the organization as it happens.
I have already said big money happens later, not now.
The Central Scrutinizer
17th February 2008, 08:42 PM
I'm trying to decide if this guy is a con-artist or a nut.
JoeTheJuggler
17th February 2008, 08:42 PM
Amazing!
Kudos to Locknar for starting this thread. I am prepared to give people the benefit of the doubt, but MartinV, you've lost that benefit.
And I can't believe that after being caught in several flagrant undeniable lies, you're still acting like it was some sort of honest mistake. Gee fellas, I appreciate your help! Yeah right.
You've been busted, my friend. Caught red-handed in a some real whoppers! (I must say "lulu" was an appropriate name for the page of lulus you just removed.)
So what about the back cover of the book?
martinv
17th February 2008, 08:45 PM
I am not going to waste any more time in this post.
I will check back in a couple of weeks and see if anyone found any more typos to fix.
Tomorrow you can find me again in my regular "skeptic tests" page
and we can get back on track for testing
Locknar
17th February 2008, 08:52 PM
Anybody see a problem with the second quote compared to the first.I don't see a problem at all, though will gladly correct any errors.
The quote from your Lulu page is accurate; the way you have it written, "formation" is used to indicate past tense....as in the formation is complete and the organization exists.
If you meant to imply the formation is on-going, then I suggest you edit/re-write your entry. Your ambiguous use of words, and their interpretation, is not an error on my part.
I am not going to waste any more time in this post.
I will check back in a couple of weeks and see if anyone found any more typos to fix.
Tomorrow you can find me again in my regular "skeptic tests" page
and we can get back on track for testingSo you've gone from "this feedback is great, I appreciate everyone's help" (my paraphrase) to this; going to take your toys and go home?
That said, I look forward to your return to the other threads, such as the test (still waiting for you to get back to me on the "calibration" stuff) and the ever present question on the "orbs" (in a seperate thread as you asked).
martinv
17th February 2008, 08:54 PM
So what about the back cover of the book?
Sorry I saw this one after I hit send about not coming back.
The back of the finished book is black.
I think you picked up a draft.
I will check this post again in March.
Locknar
17th February 2008, 09:10 PM
Sorry I saw this one after I hit send about not coming back.
The back of the finished book is black.
I think you picked up a draft.
I will check this post again in March.The back cover that JJ and others have referenced is what you posted on Lulu...if it is a draft, that is because you put it there.
Ignoring this thread until March won't make it go away, or help in terms of your credibility. Speaking of credibility, folks might be interested in this (http://web.archive.org/web/20020802051803/www.mylifeconsultants.com/million/x_faq.asp) from the Wayback Machine. From that site:
I was asked to become a chairman on a congressional small business advisory committee headed by congressman Tom Davis to work on both congressional and President Bush's small business initiatives. As we get more press, people will realize that is not some scheme....Did this press ever happen? I think folks here would be very interested in what this commettee did, your final report, etc.
For that matter, why would a Representative from VA ask you, from MD, to be on this committee? Looking at Rep Davis' website, I didn't see any mention of this committee...but I'm sure I just missed it & you'll clear this right up.
thaiboxerken
17th February 2008, 09:13 PM
I'm trying to decide if this guy is a con-artist or a nut.
Both.
Locknar
17th February 2008, 09:22 PM
They were financially ruined by a manager of mine
named James Cornelius Smith. His bad acts forced me to
close the business and cost me and several of my customers
a lot of money.
I have pressed charges and their are 2 arrest warrants out for
him filed at the Hagerstown Police Department. What are the arrest warrents for exactly? When where they filed?
LashL
17th February 2008, 10:06 PM
I'm trying to decide if this guy is a con-artist or a nut.
He is certainly a con-artist, and probably a nut as well.
Foolmewunz
17th February 2008, 11:37 PM
He is certainly a con-artist, and probably a nut as well.
Scrut, I agree with Lash and ThaiBK... the two terms aren't necessarily self-exclusive.
On a traditional note,....
Mods,
Why is this in "Business Skepticism" and not in the "Get Library Lady(or other MD resident) to Report This Parasite to the Maryland Attorney General" sub-forum?
I love the comment that Martie Vee makes about wishing he'd known how diligent the JREF is at digging into claims, and how it would've saved him lots of time!! Yeah, time wasted that he could've been spending conning spinsters on Crochet boards!
Normal Dude
18th February 2008, 12:27 AM
Con artist or pathological liar, or a combination of the two.
Rasmus
18th February 2008, 01:36 AM
Ah, I'm late to the party ... but could someone tell me what these 250 countries are?
The highest count of nations I could find with a quick search was just over 190. Would the UN have missed 50plus independent nations and territories? (Sure, we can argue about a good handfull of them, but 50?)
Even Wikipedia lists only 245 entities (http://en.wikipedia.org/wiki/List_of_countries) that might be considered states. You jight want to add some of these (http://en.wikipedia.org/wiki/Annex_to_the_list_of_countries) but that would be pushing it. Also, you'd have to have offices available in all of these, which somehow I doubt. (Wikipedia says elsewhere, that Coca Cola Company is only selling in ca. 200 countries ...)
Foolmewunz
18th February 2008, 02:06 AM
Ah, I'm late to the party ... but could someone tell me what these 250 countries are?
The highest count of nations I could find with a quick search was just over 190. Would the UN have missed 50plus independent nations and territories? (Sure, we can argue about a good handfull of them, but 50?)
Even Wikipedia lists only 245 entities (http://en.wikipedia.org/wiki/List_of_countries) that might be considered states. You jight want to add some of these (http://en.wikipedia.org/wiki/Annex_to_the_list_of_countries) but that would be pushing it. Also, you'd have to have offices available in all of these, which somehow I doubt. (Wikipedia says elsewhere, that Coca Cola Company is only selling in ca. 200 countries ...)
So, a guy who can count $25.25 and get "trillions" is going to have trouble counting 1 and getting 250?
And remember, this is also probably a future prediction - the number of companies he'll be in at the end of the millenium.
Sheesh! Ya gotta explain everything to you skeptics!
wahrheit
18th February 2008, 03:39 AM
Martinv, finance is my life..
Aww, come here, a hug :hug1:
And I can't believe that after being caught in several flagrant undeniable lies, you're still acting like it was some sort of honest mistake. Gee fellas, I appreciate your help! Yeah right.
That was my favorite part as well. Unbelievable.
This was a rough and exciting party, but it seems it is already over:
I am not going to waste any more time in this post.
I will check back in a couple of weeks and see if anyone found any more typos to fix.
My only hope left is that this guy is kidding. Pulling our legs, and laughing his butt off while doing so. I'm afraid, this is not the case.
Gord_in_Toronto
18th February 2008, 07:24 AM
It's a real shame that this tag does not exist -- :snicker:!
:mad:
Baron Samedi
18th February 2008, 07:27 AM
Wow, this really was better than the blind question psychic test! I feel happy now.
madurobob
18th February 2008, 08:12 AM
I am not going to waste any more time in this post.
I will check back in a couple of weeks and see if anyone found any more typos to fix.
Tomorrow you can find me again in my regular "skeptic tests" page
and we can get back on track for testing
Martin,
I know you view this entire Everytrust thread as an ad hominem attack on your claims of clairvoyance. But the reality is that the claims you've made WRT to Everytrust are important to consider.
You see, when confronted with a claim of clairvoyance skeptics generally consider the claimant either a) deluded or b) a huckster. In either case a fair testing protocol can be agreed to and the claimant will have a fair chance to prove his claim. But, at the same time it is reasonable to expect the skeptics to look into the potential huckster angle. Most skeptics would love nothing more than to find "true" psychic ability and a huckster claimant wastes the skeptic's time, effort and good will. This really pisses off the skeptics.
So, when we find outrageously spun side claims made by the you WRT Everytrust, it lends credence to the idea that your other claims are similarly trumped up. You've done the right thing and have begun to retract the Everytrust claims, but the sharks have already smelled blood in the water - you can expect this issue to follow you around.
Plus, with Historian and George no longer around there has been a dearth of good entertainment here on the forums.
madurobob
18th February 2008, 08:27 AM
Martinv, finance is my life..
Aww, come here, a hug :hug1:
Thanks - I didn't say it was a good life! But, at least I get to take a break for silly things like "President's day". Does anyone other than postal workers and bankers get to take this as a holiday?
The Central Scrutinizer
18th February 2008, 08:49 AM
It's a real shame that this tag does not exist -- :snicker:!
:mad:
This one has served me well when dealing with Libertarians:
:dl:
Locknar
18th February 2008, 08:56 AM
Thanks - I didn't say it was a good life! But, at least I get to take a break for silly things like "President's day". Does anyone other than postal workers and bankers get to take this as a holiday?Bankers...heck, I thought every day was a holiday *lol*. Most Federal and State Government offices are closed.
It's sunny & 70F here in MD; just sitting on the deck with an "adult beverage" and enjoying the day.
madurobob
18th February 2008, 10:14 AM
Bankers...heck, I thought every day was a holiday *lol*. Most Federal and State Government offices are closed.
It's sunny & 70F here in MD; just sitting on the deck with an "adult beverage" and enjoying the day.
Ya know, its just not fair you being 350 miles North and 10 degrees warmer. Not s'posed to work that way.
But, it is now officially afternoon and that counts a cocktail hour for me this President's Day. I'm joining you out on the deck. Make mine a double - hold the vermouth.
I wonder - if the "sender" is drunk does the psychic get drunk by proxy?
Locknar
18th February 2008, 10:23 AM
Ya know, its just not fair you being 350 miles North and 10 degrees warmer. Not s'posed to work that way.
But, it is now officially afternoon and that counts a cocktail hour for me this President's Day. I'm joining you out on the deck. Make mine a double - hold the vermouth.
I wonder - if the "sender" is drunk does the psychic get drunk by proxy?Seems we'll have to wait to test the "drunk by proxy" aspect; MartinV has apparently bailed. I for one am shocked, as he seemed to honest.
Double gin coming up, unless you wanna try the frozen vodka spiked with jalapeños (mighty tasty!!!); gonna go great with burgers on the grill tonight.
madurobob
18th February 2008, 10:31 AM
Double gin coming up, unless you wanna try the frozen vodka spiked with jalapeños (mighty tasty!!!); gonna go great with burgers on the grill tonight.
Wait - you "pickle" the jalapeños in the bottle of vodka? Veeery interesting.
I usually keep the sapphire in the freezer, then pour it over jalapeño-stuffed olives. But, this spiked vodka bit sounds interesting.
'Tis a pity about martinv. I was hoping this would last longer.
JoeTheJuggler
18th February 2008, 10:46 AM
Ah, I'm late to the party ... but could someone tell me what these 250 countries are?
The highest count of nations I could find with a quick search was just over 190. Would the UN have missed 50plus independent nations and territories? (Sure, we can argue about a good handfull of them, but 50?)
I guess he was psychically anticipating independent Kosovo (and, no doubt had imaginary offices there already). . .and another 49 that will declare independence before his trillion dollars amasses in 1000 years.
Yeah. . .that's the ticket.
Locknar
18th February 2008, 10:48 AM
Wait - you "pickle" the jalapeños in the bottle of vodka? Veeery interesting.Aye! I got the idea from Alton Brown (http://www.foodnetwork.com/food/recipes/recipe/0,1977,FOOD_9936_35132,00.html). Served ice cold from the freezer...excellent, with a nice "burn" as your mouth warms; if you like spicy things that is. The "Pepper Vodka" is excellent too :)
I usually keep the sapphire in the freezer, then pour it over jalapeño-stuffed olives. But, this spiked vodka bit sounds interesting.Jalapeño-stuffed olives; holy martini condiments Batman...off to the test kitchen!!
'Tis a pity about martinv. I was hoping this would last longer.I for one am broken up over his departure....can't type any more, to many tears...can't see the screen.
ThatSoundAgain
18th February 2008, 11:57 AM
With those spiced vodkas, please be careful to advise any partakers of what exactly it is you're serving. I was once down for two days with a stomach ache so severe I was worried it might be appendicitis. What caused it was a double shot of something my host called "the Flaggellant" - vodka that had had a generous number of chilis in it for a few weeks. The bastard didn't tell me until afterwards what it was, precisely.
Rasmus
18th February 2008, 12:18 PM
Aye! I got the idea from Alton Brown (http://www.foodnetwork.com/food/recipes/recipe/0,1977,FOOD_9936_35132,00.html). Served ice cold from the freezer...excellent, with a nice "burn" as your mouth warms; if you like spicy things that is. The "Pepper Vodka" is excellent too :)
Jalapeño-stuffed olives; holy martini condiments Batman...off to the test kitchen!!
I for one am broken up over his departure....can't type any more, to many tears...can't see the screen.
You owe me a liver.
rjh01
18th February 2008, 02:55 PM
I am a bit late into this party. I hope this is the sort of party that any idiot can join.
Can I suggest this trust is a fantasy of his? That you are questioning his fantasy. As a result of this he has run away rather than question his fantasy.
He can only be a con artist if he tries to solicit money from others. Is there any evidence for that?
biomorph
18th February 2008, 03:37 PM
Looks like his profile's gone at http://psychics.meetup.com/251/members/4488907/ ............at least my browser could not raise it. any one else see it?
wahrheit
18th February 2008, 03:45 PM
Looks like his profile's gone at http://psychics.meetup.com/251/members/4488907/ ............at least my browser could not raise it. any one else see it?
As I've posted in the other thread, it's now a "private group". We no longer can access it without the okay of HRH Martin. Guess why.
Foolmewunz
18th February 2008, 08:03 PM
Dang! I thought he was talking about exiting this thread, not the whole forum! They're just not making fantasists like they used to. David Jordan at least had some shelf-life.
ETA: Now don't anyone scare away my time-travel cat toy, 'kay?
biomorph
19th February 2008, 02:43 AM
I've found more........
http://forums.randi.org/showthread.php?p=3449399#post3449399
Michael C
19th February 2008, 06:40 AM
Those links at lulu.com are now only giving "item not available". Will Everytrust now vanish into thin air?
JonnyFive
19th February 2008, 10:22 AM
Tee hee hee:
Latest News: Starting Locally
Our original goal was to help
Internationally right away.
Due to budgets and time
we are going to stay local
Yes, having $25 in the trust and a thousand year investment horizon does tend to put a damper on those big dreams.
A small not-for-profit
and can use your help
We have a very small trust fund
but big ideas.
We can use your help.
From http://www.everytrust.org/index.html.
Oh come on now, it sounded so much more impressive when it was "SIX HOJILLION DOLLAR TRUST WITH OFFICES IN 400 COUNTRIES" and all that.
Baron Samedi
19th February 2008, 10:44 AM
Tee hee hee:
Yes, having $25 in the trust and a thousand year investment horizon does tend to put a damper on those big dreams.
From http://www.everytrust.org/index.html.
Oh come on now, it sounded so much more impressive when it was "SIX HOJILLION DOLLAR TRUST WITH OFFICES IN 400 COUNTRIES" and all that.
I wonder which of his hundreds of offices this is a photo of. It's shiny!
(Grammar police, please feel free to correct. My brain went on strike an hour ago.)
JonnyFive
19th February 2008, 10:46 AM
I wonder which of his hundreds of offices this is a photo of. It's shiny!
Looks like the office in Northern Imaginationland to me.
Locknar
19th February 2008, 11:18 AM
I am a bit late into this party. I hope this is the sort of party that any idiot can join.
Can I suggest this trust is a fantasy of his? That you are questioning his fantasy. As a result of this he has run away rather than question his fantasy.
He can only be a con artist if he tries to solicit money from others. Is there any evidence for that?At one point, this was on his Everytrust (http://209.85.165.104/search?q=cache:7iwGoCz2xTEJ:www.everytrust.org/2.html+everytrust+donations&hl=en&ct=clnk&cd=1&gl=us) site.
Gone now, it was there in say the last 2 months.
JonnyFive
19th February 2008, 12:01 PM
At one point, this was on his Everytrust (http://209.85.165.104/search?q=cache:7iwGoCz2xTEJ:www.everytrust.org/2.html+everytrust+donations&hl=en&ct=clnk&cd=1&gl=us) site.
Gone now, it was there in say the last 2 months.
I think that some people really believe that when you delete something from your live web site it's not retained in any Google caches or web archives or people's hard drives or anything.
Crazy stuff, this internet thing.
Michael C
19th February 2008, 12:05 PM
The "membership" page on Everytrust also said this:
"Everyone is in the world is a member. For now, members can receive information on their accounts by mail by sending a written request and a donation of at least $10* to:
Everytrust International, Inc
PO Box 1086
Mount Airy, MD 21771
*Technically you don't have to send any donations, but donations help us make everyone's accounts bigger everyday. Also, for the time being, all donations go into the general fund which goes to operations and trust accounts. Donations direct to private accounts will be made available at a later date."
See here (http://209.85.129.104/search?q=cache:bmdtP9iIINIJ:every-trust.net/5.html&hl=en&ct=clnk&cd=3&client=safari) (hooray for Google caches).
Baron Samedi
19th February 2008, 12:15 PM
I only counted 228 countries in that new list. Well, 231 if we include Kosovo, Northern Imaginationland, and Nor'western Imaginationland.
Rasmus
19th February 2008, 12:31 PM
The "membership" page on Everytrust also said this:
"Everyone is in the world is a member. For now, members can receive information on their accounts by mail by sending a written request and a donation of at least $10* to:
Everytrust International, Inc
PO Box 1086
Mount Airy, MD 21771
*Technically you don't have to send any donations, but donations help us make everyone's accounts bigger everyday. Also, for the time being, all donations go into the general fund which goes to operations and trust accounts. Donations direct to private accounts will be made available at a later date."
See here (http://209.85.129.104/search?q=cache:bmdtP9iIINIJ:every-trust.net/5.html&hl=en&ct=clnk&cd=3&client=safari) (hooray for Google caches).
Is that even legal?
I never signed up, and I am fairly sure my parents missed the opportunity whilst I still was a minor. How can they claim me a member?
If I am a member, and if this is a perfectly legal operation, wouldn't I be entitled to stuff? Like, written invitations to annual meetings or anything?
What are the local freedom of information regulations? Are they allowed to even have an empty database entry for me? In Germany, I would by law be entitled to be informed what data they have stored about me and I could demand that they delete all records where legal. (Difficult stuff, that ...)
Ravenwood
19th February 2008, 08:50 PM
The more I read & see how quickly he is disappearing, I'm regretting not notifying the proper authorities initially...They should be looking into this guy before he does some real financial damage.
rjh01
19th February 2008, 10:06 PM
When I saw the bit about having a record on every person in the world I wondered how they got that information. Just getting name and address is hard enough.
JonnyFive
20th February 2008, 05:44 AM
When I saw the bit about having a record on every person in the world I wondered how they got that information. Just getting name and address is hard enough.
Clairvoyance, obviously.
Locknar
20th February 2008, 06:01 AM
When I saw the bit about having a record on every person in the world I wondered how they got that information. Just getting name and address is hard enough.Mighty impressive I’d say; maybe he used quantum computing to do it?
Operationally speaking the mechanics of this I would think would be enormous. Not only in terms of getting names and addresses for everyone on the planet, but then tracking new births, deaths, divorces, weddings, name changes, folks opting out, folks contributing to their own “personal” account, etc. All of this being done in real time I'm guessing?
Then again, I guess small potatoes to the CEO of a trillion dollar organization I guess.
I’ve been watching his disappearing act as he shuts down, locks out, or revamps his Internet “footprint”. I’m left with two basic thoughts:
- Realizing he was galactically exaggerating and is making an honest effort to clean things up.
- He is a scammer that got “caught” and is looking not to get burned
For example:
They were financially ruined by a manager of mine
named James Cornelius Smith. His bad acts forced me to
close the business and cost me and several of my customers
a lot of money.
I have pressed charges and their are 2 arrest warrants out for
him filed at the Hagerstown Police Department.
I also called and placed a report with the FBI. I have also heard
that he may have done some bad acts in small towns PA, FL.
He was a real con-man. I wish I would have known beforehand.
But his method seems to be to do stuff in small towns that don't get reported in the state databases.Wow…sounds like a iron clad explanation right?
Of course…could he have used a name much more “generic” then James Smith? Oh wait, I forgot the “Cornelius”…perhaps he means the pastor of a church in AL?
For such a wanted con-artist, I can’t find any record of this “James Cornelius Smith”; no arrest warrants, no pending court cases, not on the FBI “Wanted” list, etc.
And I'm not sure how to take the "But his method seems to be to do stuff in small towns that don't get reported in the state databases" comment; true...if you are talking say the early 60s and Mayberry NC (though Sheriff Taylor seemed awfully sharp).
I'm thinking even "small towns" have access to such thing as States Attorneys (in MD, every county has a States Attorney rep), and the whole Interweb thingy.
MartinVs story just does not ring true.
I can't help but thinking, if he was simply caught up in "galactically exaggerating" things, he'd have hung in here and taken the heat. Instead, he started to fuss about all these "side issues" (that he raised) being brought up, taking to much time, and then just bolting for the nearest exit...all the while checking here to see "what else we found".
Just one of the many reasons I'm going with "scammer".
Worm
20th February 2008, 06:23 AM
Jeez. Tried looking at http://www.everytrust.org/index.html from work.
Response?
Websense blocked it:
Your organization's Internet use policy restricts access to this web page at this time. The Websense category "Sex" is filtered.
Not complaining mind :)
Locknar
20th February 2008, 06:39 AM
Jeez. Tried looking at http://www.everytrust.org/index.html from work.
Response?
Websense blocked it:
Your organization's Internet use policy restricts access to this web page at this time. The Websense category "Sex" is filtered.
Not complaining mind :)Interesting; try this alternate link (.net) for Everytrust (http://every-trust.net/).
Worm
20th February 2008, 07:08 AM
Same. Maybe they know something we don't. ;) I'll have to look at how Websense sets up it's filters.
Spock Jenkins
20th February 2008, 12:44 PM
For what it's worth - he really did register the entity as a 501(c)(8) tax exempt nonstock corporation. It's a fraternal benefit organization. For tax exempt status - do members have to know they're members and actually meet some membership guidelines?
Here's what the IRS has to say: http://www.irs.gov/pub/irs-tege/eotopicf04.pdf (I haven't read it all myself).
http://sdatcert3.resiusa.org/UCC-Charter/D_Details.aspx?EntityName=EVERYTRUST+INTERNATIONAL %2c+INC.&EntityId=D11905916&AckNumber=1000361994714784&Page=1
My Life Management, LLC was forfeited in 2005 as a legal entity:
http://sdatcert3.resiusa.org/UCC-Charter/DisplayEntity_b.aspx?EntityID=W07249717&EntityName=MY+LIFE+MANAGEMENT%2c+LLC++++++++++++++ ++++++++++++++++++++++&TabNum=2
MyLife, Inc. was forfeited in 2003:
http://sdatcert3.resiusa.org/UCC-Charter/DisplayEntity_b.aspx?EntityID=D06109920&EntityName=MYLIFE%2c+INC.&TabNum=2
Same guy filed all three entities.
It would appear a relative (spouse perhaps?) added another entity forfeited in 2005:
http://sdatcert3.resiusa.org/UCC-Charter/D_Details.aspx?EntityName=MY+LIFE+COACHING%2c+LLC&EntityId=W06790513&AckNumber=1000361986971665&Page=1
Property holding entity?:
http://sdatcert3.resiusa.org/UCC-Charter/DisplayEntity_b.aspx?EntityID=W07273022&EntityName=MY+LIFE+PROPERTIES%2c+LLC&TabNum=2
Technology consulting:
http://sdatcert3.resiusa.org/UCC-Charter/DisplayEntity_b.aspx?EntityID=T00210706&EntityName=MY+LIFE+TECHNOLOGY&TabNum=1
FKA:
http://sdatcert3.resiusa.org/UCC-Charter/DisplayEntity_b.aspx?EntityID=D06255657&EntityName=MYLIFE+TECHNOLOGY%2c+INC.&TabNum=2
Busy guy.
Locknar
20th February 2008, 01:15 PM
For what it's worth - he really did register the entity
http://sdatcert3.resiusa.org/UCC-Charter/D_Details.aspx?EntityName=EVERYTRUST+INTERNATIONAL %2c+INC.&EntityId=D11905916&AckNumber=1000361994714784&Page=1
My Life Management, LLC was forfeited in 2005 as a legal entity:
http://sdatcert3.resiusa.org/UCC-Charter/DisplayEntity_b.aspx?EntityID=W07249717&EntityName=MY+LIFE+MANAGEMENT%2c+LLC++++++++++++++ ++++++++++++++++++++++&TabNum=2
MyLife, Inc. was forfeited in 2003:
http://sdatcert3.resiusa.org/UCC-Charter/DisplayEntity_b.aspx?EntityID=D06109920&EntityName=MYLIFE%2c+INC.&TabNum=2
Same guy filed all three entities.Interesting....the two that were forfeited 2 years apart. Yet MartinV claimed he lost his businesses because of the "bad acts" of his manager James Cornelius Smith.
I could see this happening once because of a manager, but twice, two years apart?
Like I said, MartinVs story does not ring true.
Spock Jenkins
20th February 2008, 01:32 PM
Sorry about the growing post above. I'm just finding this more interesting as a find more. I do wonder how the IRS will feel about our benefactor not paying taxes on his compounding interest income when there is in fact no lodge system in place and no benefit realized for 1,000 years or more. Nor is there any actual membership list beyond "everone in the world" nor any common tie other than being human.
This reminds me of George Costanza's (sp?) charity, "The Human Fund" on Seinfeld.
http://en.wikipedia.org/wiki/The_human_fund
sleepy_lioness
21st February 2008, 06:24 AM
Having read his threads, I'd say martin is more a con-man than a woo (though he's probably a bit of both). He was trying it on - classic manipulation, trying to pretend he was a skeptic and then gently easing in the woo references ... of course that's been done so many times on here that he was on a hiding to nothing.
Chaos
21st February 2008, 07:12 AM
I realize the novel in question has not been translated into English, but it seems quite obvious that this whole Everytrust scheme is lifted from the novel "Eine Billion Dollar ("one trillion dollars") by Andreas Eschbach.
The main difference is that in Eschbach´s novel the fund was started 500 years ago, with the equivalent of $10,000 and utilizing an interest rate of 4%.
The big similarities are that the fund is also started by a bankrupted businessman with a delusion of "saving the world".
I think I´m going to write to the author about this. He will probably not be amused that some scam artist is plagiarizing him.
biomorph
21st February 2008, 12:35 PM
Having read his threads, I'd say martin is more a con-man than a woo (though he's probably a bit of both). He was trying it on - classic manipulation, trying to pretend he was a skeptic and then gently easing in the woo references ... of course that's been done so many times on here that he was on a hiding to nothing.
Try doing a "whois" from somewhere on the intertubes for -
everytrust.com
everytrust.org
Its all there, contacts and everything, wonder if his hosting co. know what he's up to...............;)
rjh01
21st February 2008, 08:18 PM
The websites are still there. Only one page. But so funny.
Most people when they leave here we never hear of again. This will be one exception. We can visit the website in 6 months and see how he is going.
NoWay
2nd March 2008, 05:11 AM
Sorry to revive a quiet thread, but I felt the need to speak up here. I know MartinV personally. And he is just as slimey in person as he comes across on the internet. In fact, myself and a couple others that have met him, have been following the thrashing he received on these boards, and appreciate it wholly. :)
Regarding his psychic ability... I can't recall ever seeing him get a "hit," despite the fact that I've seen him do many readings (non-"Martin Readings," at that!). I could go on and on with the stories. However, I'd just like to thank you JREF-ers for doing what you do best, and to validate first hand the theories that you have regarding Martin. He is a joke and a con. I only hope the members of his groups/everytrust whatever have the sense to realize this before they part with their hard-earned money.
No Way...:p
calebprime
2nd March 2008, 06:01 AM
Sorry to revive a quiet thread, but I felt the need to speak up here. I know MartinV personally. And he is just as slimey in person as he comes across on the internet. In fact, myself and a couple others that have met him, have been following the thrashing he received on these boards, and appreciate it wholly. :)
Regarding his psychic ability... I can't recall ever seeing him get a "hit," despite the fact that I've seen him do many readings (non-"Martin Readings," at that!). I could go on and on with the stories. However, I'd just like to thank you JREF-ers for doing what you do best, and to validate first hand the theories that you have regarding Martin. He is a joke and a con. I only hope the members of his groups/everytrust whatever have the sense to realize this before they part with their hard-earned money.
No Way...:p
No apologies necessary! Let's hear a story or two.
Baron Samedi
2nd March 2008, 11:02 AM
Sorry to revive a quiet thread, but I felt the need to speak up here. I know MartinV personally. And he is just as slimey in person as he comes across on the internet. In fact, myself and a couple others that have met him, have been following the thrashing he received on these boards, and appreciate it wholly. :)
Regarding his psychic ability... I can't recall ever seeing him get a "hit," despite the fact that I've seen him do many readings (non-"Martin Readings," at that!). I could go on and on with the stories. However, I'd just like to thank you JREF-ers for doing what you do best, and to validate first hand the theories that you have regarding Martin. He is a joke and a con. I only hope the members of his groups/everytrust whatever have the sense to realize this before they part with their hard-earned money.
No Way...:p
Why is it that you think him a con rather than simply delusi ... misguided?
Not that I'm debating your judgment, but I think the motto here is, "Where's the evidence?"
And welcome to the forum :D
thaiboxerken
2nd March 2008, 11:15 AM
Why is it that you think him a con rather than simply delusi ... misguided?
Did you read the thread?
Baron Samedi
2nd March 2008, 12:08 PM
Did you read the thread?
Oh, I just want to hear some first hand stories. I miss MartinV and his accounting schemes worthy of Jeffrey Skilling. :D
rjh01
2nd March 2008, 11:24 PM
Welcome to the forum noway.
I will love to read your first hand stories about MartinV. Just remember when you make these posts the forum rule 8 says
You will not post a person's private information that is not otherwise publicly available.
shep
3rd March 2008, 12:38 AM
Wow. At first I thought nut, now I think crook.
The cynic in me also says that if there is only $25.15 in the trust bank account, I doubt he could afford his own legitimate copy of Oracle to run this huge, empty database of his. (the pasted text indicates that it is indeed an Oracle database).
I won't go so far as to actually accuse him of software piracy (and/or theft as a servant) since that could be libellous, I suppose, but it would not suprise me if it turns out to be the case.
rjh01
3rd March 2008, 02:55 AM
A far simpler explanation is that the database, including the software does not exist.
Father Dagon
3rd March 2008, 01:14 PM
" 4. The trust is based on a 1000 year time table"
:-O
"We have no other permanent office"
:-O
So when you said your trust had 950 offices and was worth a trillion dollars, you were basically lying?And if you are going to lie, go for blood! There isn't even 200 countries...
Locknar
3rd March 2008, 07:11 PM
Sorry to revive a quiet thread, but I felt the need to speak up here. I know MartinV personally. And he is just as slimey in person as he comes across on the internet. In fact, myself and a couple others that have met him, have been following the thrashing he received on these boards, and appreciate it wholly. :)
Regarding his psychic ability... I can't recall ever seeing him get a "hit," despite the fact that I've seen him do many readings (non-"Martin Readings," at that!). I could go on and on with the stories. However, I'd just like to thank you JREF-ers for doing what you do best, and to validate first hand the theories that you have regarding Martin. He is a joke and a con. I only hope the members of his groups/everytrust whatever have the sense to realize this before they part with their hard-earned money.
No Way...:pI'd have to agree...he came off as very "slimey" and otherwise dishonest; very classic "woo woo" in his approach. Make broad, over-arching claims, lack time to support them, offer excuses, claim everyone is picking on them, then bolt. The fact he spammed his various "meet up" groups all over the Internet was a HUGE "something is not right here" flag that got me digging.
Such silly claims such as being the CEO of a trillion dollar company, with no offices (ie. run out of the house), and a web site that looked like it was designed by a 3rd grader. Hummm.....
I've talked to him off-line some...yikes! He just screams "I'm a con-artist/scammer." I know the more I dug...the more astonished I was at his claims of innocence all the while being caught red handed.
He was pushing the whole "meet up" thing hard. The fact he wanted names, addresses, phone numbers....I suspect (and just my personal speculation) all part of some ID theft con, or collecting and selling contact information.
I figure he'll pop up again here...he did after his "million dollar" scam, he will after this.
CyberCecil
3rd March 2008, 07:50 PM
And if you are going to lie, go for blood! There isn't even 200 countries...
But, in a thousand years there just might be... Oh His God! He's a Profit... er... Prophet! I understand it all now! You are all IDIOTS!!! (I'm just slightly less intelligent) You just don't understand his master plan! He is going to save the world!
I have a huge jar of change just sitting here not doing anything! I'm off to the bank! In 1000 years my corpse is going to be so freaking rich!!!
JonnyFive
4th March 2008, 05:16 AM
How easily could Oracle run a 6 billion record database on most computers, anyway? I know it can theoretically create records limited only by available memory and what-not, but is 6 billion+ records really feasible?
wahrheit
4th March 2008, 08:02 AM
How easily could Oracle run a 6 billion record database on most computers, anyway? I know it can theoretically create records limited only by available memory and what-not, but is 6 billion+ records really feasible?
Yes, it can be done. Have you used Google? ;)
Oracle is a very powerful database, but you would probably prefer a custom made database for such an enormous task. You will need clusters of servers, though. This would be a very expensive thingy.
roger
4th March 2008, 08:41 AM
6 billion empty records? Sure.
JonnyFive
4th March 2008, 10:17 AM
Yes, it can be done. Have you used Google? ;)
Oracle is a very powerful database, but you would probably prefer a custom made database for such an enormous task. You will need clusters of servers, though. This would be a very expensive thingy.
Hey now, I said "most computers," not "a large server cluster." I'm wondering if it is feasible to run a six billion record database on what is probably a standard PC, perhaps a small server. I doubt the $25 trust is able to purchase a massive server farm.
Oh wait, he's leaching his employer's resources or something I guess. I still doubt he's working for Google. ;)
6 billion empty records? Sure.
Haw.
NoWay
4th March 2008, 11:14 AM
A few things... I don't want to bash the guy too much. As you've seen in the forums and his websites, he makes many claims (in both the psychic and business worlds) that sound completely ridiculous. It's very difficult, even knowing him in person, to tell whether he really believes these things, if they're part of a scam, if there's a psychic scam and a business scam, or if it's all wrapped up into one big mess. It's possible that he's taking the "positive thinking and visualization" stuff a step too far where he believes that all this is really true (or if he pretends it's true, that people will want to be around him). In which case, I feel sorry for him (and his family, co-workers, etc.).
Regarding Oracle.. you guys are forgetting how much money he makes. ;) But, he also works in government IT, so he might have access to it there.
Oh, and the books that he writes... he's very proud of being able to say, "I've written books!" And supposedly he does some of it via automatic writing/typing. I think that's the explanation for how he churns them out so fast...
Rasmus
4th March 2008, 12:47 PM
6 billion empty records? Sure.
Plus, it's probably just one table, rather than several, connected tables.
(Of course, his database should be constantly growing. I think there are between 4 and 5 births a second, after all. There are far more new people every day than what mere population growth would expect.)
Locknar
4th March 2008, 12:58 PM
Regarding Oracle.. you guys are forgetting how much money he makes. ;) But, he also works in government IT, so he might have access to it there.
If you suspect he is using Govt resources for his Everytrust scam, please PM me with his duty location and I will contact their IT services...or you can (and should) contact them yourself.
NoWay
4th March 2008, 03:27 PM
If you suspect he is using Govt resources...
I don't suspect. I just offered it as a possibility when people were wondering how he got access to the Enterprise version of Oracle. I've talked to someone that also works there to see if they had any info, but unfortunately, they had never heard of him. (I wonder why.) But I have no evidence either way, would not dare make that claim against someone without it. Hopefully Martin knows better than to do something like that.
NoWay
Locknar
4th March 2008, 05:56 PM
I don't suspect. I just offered it as a possibility when people were wondering how he got access to the Enterprise version of Oracle. I've talked to someone that also works there to see if they had any info, but unfortunately, they had never heard of him. (I wonder why.) But I have no evidence either way, would not dare make that claim against someone without it. Hopefully Martin knows better than to do something like that.
NoWayFair enough. Though perhaps it is worth sending directly to Oracle, and letting them pursue (as/if needed); just a idle thought.
JoeTheJuggler
4th March 2008, 07:56 PM
Yeah--what made me think he sounded more like a con-artist than a delusional person was how he kept acting like all his obviously false claims (in at least two separate places) were simply typos.
JonnyFive
5th March 2008, 05:18 AM
Yeah--what made me think he sounded more like a con-artist than a delusional person was how he kept acting like all his obviously false claims (in at least two separate places) were simply typos.
If anyone wants to live forever, please send me $200 and I will give you the secret to immortality.
I agree with you.
Edit: Freaking typos.
Locknar
5th March 2008, 12:58 PM
I don't suspect. I just offered it as a possibility when people were wondering how he got access to the Enterprise version of Oracle. I've talked to someone that also works there to see if they had any info, but unfortunately, they had never heard of him. (I wonder why.) But I have no evidence either way, would not dare make that claim against someone without it. Hopefully Martin knows better than to do something like that.
NoWayI'll e-mail MartinV and ask him the questions first, and depending on his answers contact the Program Manager where he works (I've since found what I wanted/needed to know). I've given him until 14 March to reply with a reasonable explanation.
Oracle 11g that he runs is upwards of $8K - $12K; that seems awfully expensive for personal use, or a company/trust fund with only $25.00 in the bank.
Locknar
5th March 2008, 06:30 PM
As promised, I asked MartinV about the Oracle 11g database licensing issue. This is his reply (edited for privacy):
I am using a development license under oracle which is free of charge. I also use the free express edition for my production data which is based on groups and not individuals. It only occupies under 30GB and fits neatly on any hard drive.
I am an Oracle Certified DBA and am very aware of oracles licensing terms. I am in full compliance and would welcome a review by Oracle Corporation or [edited].
I disagree with his "I am in full compliance" statement.
The "express edition" has a 4GB user data limit; the Everytrust database is 30GB. The developers license prohibits use for any commercial or production purposes.
Either way, I'd argue he is not in compliance with Oracle.
However, I am inclined to believe he is using the download versions vs Government resources (which was, and is, my only real concern).
ETA: Further comment from MartinV, the database is .9GB in size (which would be under 30GB). As such it would be within the "express edition" license 4GB limit.
Locknar
5th March 2008, 07:03 PM
More from MartinV, posted with permission:
The Trust (uppercase ‘T’) itself has ~$25.
This has nothing to do with the operating budget of Everytrust International, Inc (EII), which is the currently named trustee.
In the future (when the trust is larger of course) EII will name banks, brokerages and/or trust offices as trustees
EII is a fraternal benefit organization and charted to oversee INDEPENDENT chapters.
EII is about managing benefits (fraternal BENEFIT organization).
EII is not about trusts or money. Trust is not EII and EII is not the Trust.
EII does not need a trust. It is a chapter/lodge type organization like Lions, Moose or Elks.
The Trust is just a fun side project for years ahead.
I get a kick out of all the comments on the 900+ offices and other stuff that I have read comments on.
I understand the confusion, that was all related to 2 grants I was going after for EII (not the Trust) and needed to have the infrastructure designed and identified if funded.
JonnyFive
7th March 2008, 05:58 AM
What "development license" is he talking about? Oracle XE doesn't require a development license for anything, and the only thing that sounds like what he's talking about is something you're not supposed to use for commercial purposes.
It's actually "trust" with a lowercase "t," Martin. Just like "corporation" doesn't have a capital "c."
Why you would incorporate what is, presumably, a company consisting solely of you in order to manage a trust is beyond me. For reasons of taxation, it would probably make more sense to simply set up a trust. Also, I see that Martin claims his corporation is set up as a non-profit corporation. As this corporation's sole purpose appears to be managing a for-profit trust, that seems like it would present legal issues. Perhaps one of the lawyers on the forum could comment on that?
To claim to be a benefit organization is simply to layer another complex piece of crap onto an already complex cake of crap. If Everytrust, Inc. is an FBO, who are its members? How do you go about joining the FBO? What does Everytrust, Inc. actually do other than "manage" this trust?
Note that calling yourself an FBO doesn't magically remove the issues of the non-profit claims versus the functions of Everytrust as the sole trust managing entity, as FBO isn't really a defined legal distinction. It's just a bit of hand-waving, because his company is still organized as a corporation, possibly a non-profit (which would, interestingly enough, require the publication of his tax records, I believe) that manages a trust.
I hope he's not trying to claim to be a "fraternal organization" as in "union," because that would be six different kinds of insane.
Locknar
7th March 2008, 08:52 AM
What "development license" is he talking about? Oracle XE doesn't require a development license for anything, and the only thing that sounds like what he's talking about is something you're not supposed to use for commercial purposes.
Oracle outlines the "development license" here (http://www.oracle.com/technology/software/index.html).
In the end, I get the impression, specific to the Everytrust issue, he is simplying using Oracle to run his ~6.8B empty record database vs any application/production development.
It's actually "trust" with a lowercase "t," Martin. Just like "corporation" doesn't have a capital "c."
Why you would incorporate what is, presumably, a company consisting solely of you in order to manage a trust is beyond me. For reasons of taxation, it would probably make more sense to simply set up a trust. Also, I see that Martin claims his corporation is set up as a non-profit corporation. As this corporation's sole purpose appears to be managing a for-profit trust, that seems like it would present legal issues. Perhaps one of the lawyers on the forum could comment on that?
To claim to be a benefit organization is simply to layer another complex piece of crap onto an already complex cake of crap. If Everytrust, Inc. is an FBO, who are its members? How do you go about joining the FBO? What does Everytrust, Inc. actually do other than "manage" this trust?
Note that calling yourself an FBO doesn't magically remove the issues of the non-profit claims versus the functions of Everytrust as the sole trust managing entity, as FBO isn't really a defined legal distinction. It's just a bit of hand-waving, because his company is still organized as a corporation, possibly a non-profit (which would, interestingly enough, require the publication of his tax records, I believe) that manages a trust.
I hope he's not trying to claim to be a "fraternal organization" as in "union," because that would be six different kinds of insane.I have to wonder.... If Everytrust manages the trust, what would the "INDEPENDENT chapter" do...other then pay dues? This would all be spelled out in the charter/documentation...if it exists.
I have to say, my overall read was hand-waving vs anything of substance.
Since you do read the forum MartinV, why not participate?
JonnyFive
7th March 2008, 10:31 AM
I have to wonder.... If Everytrust manages the trust, what would the "INDEPENDENT chapter" do...other then pay dues? This would all be spelled out in the charter/documentation...if it exists.
I have to say, my overall read was hand-waving vs anything of substance.
Since you do read the forum MartinV, why not participate?
If membership in the trust consists of "everyone on planet Earth," would that mean we're all entitled to review the aforementioned documentation?
Locknar
7th March 2008, 11:18 AM
If membership in the trust consists of "everyone on planet Earth," would that mean we're all entitled to review the aforementioned documentation?I'd certainly think so; perhaps I'll ask him tonight.
For that matter...if he claims to be a fraternal order type of organization, those typically have Officer elections (for example). This (officer elections), along with organziation structure, trust pay-out & management plans, and a host of other things would be included in the documention.
Rasmus
7th March 2008, 01:01 PM
I'd certainly think so; perhaps I'll ask him tonight.
For that matter...if he claims to be a fraternal order type of organization, those typically have Officer elections (for example). This (officer elections), along with organziation structure, trust pay-out & management plans, and a host of other things would be included in the documention.
Here, the organisation would be obligated to invite me, a number of weeks in advance and in writing, to attend meetings for officer election, etc.
Depending on the legal set-up it might even be required to hold an annual meeting where *all members* have to grant discharge to their elected officers. (or withhold it, as the case may be.)
And purely for the record: I haven't received my invitation yet...
Locknar
10th March 2008, 05:28 AM
Well I asked MartinV about the whole fraternal order thing on the 7th...so far no reply; I'm shocked!
Locknar
11th March 2008, 05:11 AM
And purely for the record: I haven't received my invitation yet...Seems unlikely you will; I noticed this morning the following message on the Everytrust websites
Everytrust International, Inc has closed its doors
Forms sent to State and Federal offices to ensure proper shutdown
As I recall, his "speaking tour" was booked for 2008...I sure hope he/they notify folks of the shut down, and return any money he was advanced for making appearances.
wahrheit
11th March 2008, 05:22 AM
To be precise,
Everytrust International, Inc has closed its 950 doors
JonnyFive
11th March 2008, 05:59 AM
But wait a minute... I thought this whole thing was completely legitimate and 100% not a scam and all. Why is EveryTrust, Inc. suddenly closing its doors?
950 doors.. yeah, whatever. We already covered that little exaggeration. I hope the EveryTrust employee is able to find other gainful employment. In a less legally ambiguous field, perhaps.
Baron Samedi
11th March 2008, 06:19 AM
But what's going to happen to the $25? As a member, I'd like to know!
Locknar
11th March 2008, 06:26 AM
But what's going to happen to the $25? As a member, I'd like to know!Humm....well, I suspect (since you and the other ~6.6 billion people on the planet) are a member you should expect your share in the mail.
Of course, this ranks up there with the likelyhood that George (aka Lobster) was going to serve the Simpson 15+7.
I'll ask MartinV wrt the dissemination of funds, and I suppose about the mechanics of the whole "shut down". I suspect my question will be met with silence....the mark of any legitimate venture, to ignore questions.
Spindrift
11th March 2008, 08:48 AM
I think I know where he got 250 countries from. The ISO country abbreviations list has about 250 countries in its list. These include territories and dependencies like Saint Helena, Christmas Islands or Puerto Rico. That is the list most places I've worked for use as a definitive listing of countries.
So I think we can give him a pass on that.
However, since he admits his database is mostly Null columns, then he doesn't know crap about database design.
Rasmus
11th March 2008, 12:42 PM
I think I know where he got 250 countries from. The ISO country abbreviations list has about 250 countries in its list. These include territories and dependencies like Saint Helena, Christmas Islands or Puerto Rico. That is the list most places I've worked for use as a definitive listing of countries.
So I think we can give him a pass on that.
Well, uh ...... no!
http://www.iso.org/iso/country_codes/iso_3166_code_lists/english_country_names_and_code_elements.htm
These guys list 246 codes, for one.
But the claim was that he had that many offices! So finding a list with 250 places that might pass as countries simply isn't going to cut it. And I bet if someone was to look at the office space provider's details they would find out that they do not have offices in every single "country" imaginable.
Spindrift
11th March 2008, 01:27 PM
Well, uh ...... no!
http://www.iso.org/iso/country_codes/iso_3166_code_lists/english_country_names_and_code_elements.htm
These guys list 246 codes, for one.
But the claim was that he had that many offices! So finding a list with 250 places that might pass as countries simply isn't going to cut it. And I bet if someone was to look at the office space provider's details they would find out that they do not have offices in every single "country" imaginable.
I don't disagree with you. I was just addressing the claim that there are only 190 or so countries because that's all the United Nations has. I was just saying that I don't doubt that his database has 250 or so country entries. I should have been clearer as to what I was conceding.
As far as having offices in 250 countries, that's just plain idiotic to even claim that.
JoeTheJuggler
11th March 2008, 02:06 PM
If anyone wants to live forever, please send me $200 and I will give you the secret to immortality.
I agree with you.
Edit: Freaking typos.
:)
Rasmus
11th March 2008, 02:11 PM
I don't disagree with you. I was just addressing the claim that there are only 190 or so countries because that's all the United Nations has. I was just saying that I don't doubt that his database has 250 or so country entries. I should have been clearer as to what I was conceding.
Oh, fair enough. Yes, I still think it would technically be wrong to call them "countries", but I certainly see the point you're making and I wouldn't fight either you or him over it, I guess.
Locknar
11th March 2008, 03:20 PM
WRT the country count, this (according to MartinV from a 6 FEB e-mail) includes what he terms "displaced citizens" (ie. refugees, illegal aliens, etc.) that do not fit the US Census Bureau base counties (as they define them).
It also includes testing groups.
I've asked him again about the organization documentation, and how the trust would be dispursed...I'll let you know what, if anything, I hear back.
NoWay
11th March 2008, 06:22 PM
Everytrust International, Inc has closed its doors
Forms sent to State and Federal offices to ensure proper shutdown
Thank you all for your part in influencing Martin to finally end this scam. He has closed his psychic testing group, as well. Fingers crossed that he doesn't pop up somewhere else with his next genius idea...
Ever grateful,
NoWay!
MoonDragn
12th March 2008, 07:12 AM
I belonged to Martin V's psychic meetup group, but never attended a meeting in person so I've never met Martin face to face. However we did do a meeting on the phone with one other person and while this whole fiasco does sound a bit suspicious I was thinking that Martin could have been genuine in believing he did nothing wrong.
I submit to you an email he sent out to the group a few weeks ago :
Hi All,
Have you ever heard a psychic or medium say they prefer to do a "cold reading". Did you know that a cold reading is a specific NON-PSYCHIC technique to appear to read information from someone. It is a very deceptive practice.
I actually have been surprised to hear John Holland and John Edward actually say they DO 'cold readings' but then add the psychic words later in the sentence. They actually said it.
What is a cold reading? It is basically when the reader makes a generalized statement, then waits for some sort of confirmation from the subject, then will make another such statement and get another confirm. The problem is it is a very slippery slope from starting to get generalized information then wait for the subject to throw in a detail.
A true psychic reading is the detail, with very little general information. A true psychic reading does not come by reciting psychology, how to improve relationships and so on. A true psychic is not read up on world affairs, is not read up on marriage and relationship counseling, and other such advice. They don't need tons of experience, or to have come from a troubled life, hardships and can offer advice from their own experiences. That is not psychic, that is their ego.
I just deleted an email message several days ago from Sonia Choquette (I wish I would have kept it, I would have attached it to this message). She was marketing a book she really liked. I almost fell on the floor. It was a book on "face reading". How to read someones face to get non-verbal feedback on what you are communicating. Wow!!! A psychic does not need to read someones face or voice. Put the person you are reading behind a screen. Talk by phone, email or something. That is real psychic work.
Come on now folks. Real psychics don't need this crud. You all need to learn how real psychic information comes and how the fake psychics put on a good show.
How to avoid a cold reading:
1. Don't face the person you are reading, don't look at them during the reading
2. Have them ask you a question, then have them be quiet and only give yes or no reactions. NO ADDITION INFORMATION ALLOWED.
3. Don't ask general probing questions - ever.
4. Do not use the shotgun approach - throwing out a bunch of stuff and see if their is a hit on one or more of them. Give one or two specifics
5. Give all the reading, collect it together, give it to them then chat when the reading is over.
I have provided several articles for you to read below. It is important to understand the difference between being a psychic and a mentalist. A mentalist is an ordinary person who uses psychology, tricks and games to appear psychic or paranormal. The problem is many psychics never learn what mentalism is. Then, often by accident, mentalism just creeps into their readings without them even knowing that was not a psychic result.
Once you study and understand mentalism, you can make a personal vow to never let that into your work. Then you will be a psychic of the highest caliber.
Here are the links to topics on mentalism and cold readings. PLEASE READ THEM!!
Having talked to Martin on the phone, I feel that maybe he really thought this business was legit, although it sure sounded like a scam to me too and this is the first time I've read it.
I think that Martin truly believes he was doing nothing wrong and I do think he believes his test methods would really prove psychic ability if done properly.
If any of you have read my past posts, you'll see that I have a serious doubt on the ability to test psychic ability in a clinical manner.
This is due to the fact that I believe psychic ability works through our subconscious mind. The minute we use our conscious mind in an attempt to get results is the minute it stops working.
Some of you have pointed out to me that any "Proof" we can't clinically test is subjective. Any sort of talk about any phenomenon gets attributed to faulty memory, delusions, or coincidence.
Therefore, I don't believe you could ever prove any psychic ability to the satisfaction of this group in general. Which really defeats the whole point of this forum.
It is like trying to prove that god exists. etc.
Locknar
12th March 2008, 09:07 AM
I dunno…. On the one hand, much of his conduct/actions could be written off as a over enthusiastic; in a “kid in a candy store” way. Certainly comments such as “I’m a psychic, medium, and a skeptic”, or the light hearted way he agreed to be tested (in another thread) and then proceeded to weasel out of it, or say the know-it-all approach he took did not help his cause.
On the other hand, you have all the just flat dishonest claims and comments he made (many of then being exceedingly childish in nature) such as being the CEO of a multi-trillion dollar organization, 950 offices in 250 countries, +6.5billion members, blaming his previous failed business ventures on his “partner”, etc. To be honest, the list just goes on and on.
Along those lines, early versions of his Everytrust sites were heavy on “donation” solicitation….or the obvious spamming he was doing with respect to his various meet-up groups.
His sudden departure from the forums certainly did nothing to help, and in fact only reinforced the “scam” perception.
Being fair, and to his credit, he has been willing to answer the various questions I’ve been asking (off line, e-mail) and granting permission for me to quote his repies.
Locknar
12th March 2008, 01:34 PM
As a follow up, I had asked MartinV about documentation on Everytrust; he gave me this State of Maryland link (http://sdatcert3.resiusa.org/UCC-Charter/ViewDoc.asp?Film=B 01109&Folio=1149&Pages=0003&Date=05 01 2007&Ack=1000361994714784&Domain=Charter&ID=D11905916&Name=EVERYTRUST INTERNATIONAL, INC.&source=1).
When asked about the bylaws mentioned in Article 7, his reply indicated they were never completed.
JonnyFive
13th March 2008, 06:12 AM
As a follow up, I had asked MartinV about documentation on Everytrust; he gave me this State of Maryland link (http://sdatcert3.resiusa.org/UCC-Charter/ViewDoc.asp?Film=B 01109&Folio=1149&Pages=0003&Date=05 01 2007&Ack=1000361994714784&Domain=Charter&ID=D11905916&Name=EVERYTRUST INTERNATIONAL, INC.&source=1).
When asked about the bylaws mentioned in Article 7, his reply indicated they were never completed.
If I read that document correctly, the reliance on "donations" could actually forfeit his company's exempt status anyway, as any benefits paid would no longer be from member dues. Membership is another thing that sounds very fuzzy, and Martin never completed the bylaws necessary to determine officer election.
To start an organization like this as a trust managing entity is highly unusual. For one thing, income received as a trust manager might qualify as non-exempt income, and therefore be subject to taxation. Unless, of course, one were to simply set up a tax exempt group and claim that any income received was exempt. That would be, of course, illegal.
Also, as a tax-exempt organization, Martin's company is legally obligated to file a 990 with the IRS, which is available to the public upon request. For example, you can view the JREF's 990 filings in order to verify their expenses and sources of income. Similarly, Martin's company would be required to disclose information on sources of income, all expenditures, and salaries paid out. Failure to file this form subjects the company to fines up to $250,000 from the IRS.
Locknar, if you feel like it, you can make a written request for Martin's 990, assuming he actually set up Everytrust as a tax exempt organization.
Edit: As of 2008, the 990 requirement extends to all exempt organizations, I believe, including those with under $25,000 in gross income, but I suppose EveryTrust, Inc. is disbanded (or will be soon), so the 2008 tax year isn't much to speak of, and he wouldn't care about the exempt status of a non-existent entity.
Locknar
13th March 2008, 06:29 AM
If I read that document correctly, the reliance on "donations" could actually forfeit his company's exempt status anyway, as any benefits paid would no longer be from member dues. Membership is another thing that sounds very fuzzy, and Martin never completed the bylaws necessary to determine officer election.
To start an organization like this as a trust managing entity is highly unusual. For one thing, income received as a trust manager might qualify as non-exempt income, and therefore be subject to taxation. Unless, of course, one were to simply set up a tax exempt group and claim that any income received was exempt. That would be, of course, illegal.
BOLD added by Locknar
I assume, if he were a donor, that would count as well (in terms of forfeiting his company's exempt status)? I ask because as some point in the on-line discussion I thought MartinV indicated he had made (and was planning to make more) a donation or two (though obviously small given the $25 value) to the trust. Of course, I’d also be curious if there were any other donations made….
Fuzzy is a nice way of putting it...in the roughly 8 months Everytrust existed, no bylaws?
Believing Everytrust to simply be a scam, I've been trying to figure out what the scam was...the part in bold I think hits the nail on the head. Donations, chapter memberships, book sales, etc. all rolled into the trust, which then pays the "CEO" a salary...thinking it was all exempt. Of course, perhaps he has filed the 990-N.
Exempt status aside, you get folks to pump money into a trust that you manage, and then draw a salary as "CEO" (ie. Executor)...seems like a easy way to make a buck.
That all said...you then have this (as taken from the on-line resume of Rodrigo Saracuza (http://saracuza.com/default.aspx):
Oracle DBA Internship 2005
Everytrust Fraternal Benefit Trust - www.everytrust.org
• Created custom database for individual developers to create unique test enviroment by providing greater flexibility in design of schema, structures and architecture(ranging many GB to several TB). Apply application patches, create tablespaces, tables, roles, views and users for custom applications (approx 290,000 end users)
This suggests that Everytrust existed far earlier then MartinVs incorporation documentation....and with Oracle custom applications for ~290K end users, in apparant violation of the Oracle licence agreements he (MartinV) claims to be using.
JonnyFive
13th March 2008, 08:10 AM
I assume, if he were a donor, that would count as well (in terms of forfeiting his company's exempt status)? I ask because as some point in the on-line discussion I thought MartinV indicated he had made (and was planning to make more) a donation or two (though obviously small given the $25 value) to the trust. Of course, I’d also be curious if there were any other donations made….
I am not an expert in the tax law involved, but based on my reading of the pertinent information, that might very well be the case. His organization as an FBO includes some regulations that it would otherwise not regarding donations, membership, dues and what-not.
Fuzzy is a nice way of putting it...in the roughly 8 months Everytrust existed, no bylaws?
Highly suspicious.
Believing Everytrust to simply be a scam, I've been trying to figure out what the scam was...the part in bold I think hits the nail on the head. Donations, chapter memberships, book sales, etc. all rolled into the trust, which then pays the "CEO" a salary...thinking it was all exempt. Of course, perhaps he has filed the 990-N.
That's what I was thinking as well. He started a tax exempt, and he's listed as the director. Obviously, the director is due a salary, and the tax exempt makes a fee as trust manager. So you get people to contribute to your trust, take out a fee as the trust manager, then pay yourself as director of EveryTrust. Of course, you also need to not bother to tell the IRS you're engaging in non-exempt activities with your exempt organization, so that you can avoid paying corporate taxes or anything like that.
Exempt status aside, you get folks to pump money into a trust that you manage, and then draw a salary as "CEO" (ie. Executor)...seems like a easy way to make a buck.
Like I said, that's what it sounds like to me.
That all said...you then have this (as taken from the on-line resume of Rodrigo Saracuza (http://saracuza.com/default.aspx):
This suggests that Everytrust existed far earlier then MartinVs incorporation documentation....and with Oracle custom applications for ~290K end users, in apparant violation of the Oracle licence agreements he (MartinV) claims to be using.
Interesting. According to that guy's resume, he designed databases of "several TB." I don't doubt he's exaggerating a bit, but even so that implies that they were using the developer license illegally, or using another license they weren't technically supposed to use (say, that of an employer used for their own business). Since Martin isn't claiming to have the standard Oracle license, that means something odd is going on, or this guy is puffing his resume to turn "4 GB max" into "Several TB."
Locknar
13th March 2008, 02:05 PM
Well, I've asked him...I'll report back on what he says.
Locknar
14th March 2008, 01:02 PM
A quick update; MartinV has replied to my last e-mail....I'll post his answers after I've had a chance to read though them.
Locknar
16th March 2008, 04:23 PM
Ok…this is a long post, but here goes. As taken from e-mail exchanges between myself and MartinV (please note, MartinVs comments are quoted with permission) spanning several days. The format is Question/Answer, with after comments and discussion (where noted).
Question: Based on your previous answer, in the ~8 months Everytrust existed as a fraternal organization, you did not complete bylaws?
"Everytrust” was an idea, a concept, that I envisioned around 2004.
In 2004-5, I had a few people help me work on a computer model to see if my idea was even technically and reasonably feasible
In 2007, Everytrust International, Inc. was just a toe in the water of bringing this idea into existence.
I created EII as an Incorporated entity TO START LOOKING further into my idea over the next couple of years.
~8 months is nothing. I really did not think I would get to the bylaw stage for 1-2 years.
I created a website for the idea in 2005 to use TO DISCUSS with people who may be interested in getting involved with the idea.
EII never opened its doors for business. EII closed its doors in 2008 with $0 income, expenses, assets and liabilities (2007 and 2008).
It never got much further than an idea on a piece of paper.
Comment: There was further discussion on this, spanning several e-mails. In the end, “I have spent 100’s and 100’s of hours on the ideas, doodling up thoughts, working with others to help me come up with ideas, researching, writing journal vision books” MartinV never came up with bylaws or other documentation.
MartinV offered this explaination:
I was using the books as a kind of mental sketch pad of ideas for the company. It was where I was building my rough draft ideas for the bylaws, regulations, relationships between chapters, what were chapters going to be called – lodges, chapters, sub-chapters, clubs. Mostly ideas scattered here and there throughout the journals as they came to me. I had a couple more journals I was planning on writing, and when they were done, I felt I would have covered most of the topics I would have wanted in the bylaws. Yes I could have come up with boilerplate bylaws of quorums and other stuff, but that was just was boiler plate. I was working on ideas that if they were not incorporated early into the bylaws while it was just me, it would be very difficult and time consuming to get them in when having to be voted by group.
--
Question: Did you accept any donations other then the ones you mentioned (ie. you mentioned putting $ into the trust a couple of times to account for the ~$25)?
No money ever went into EII – ever. From me or anyone else.
I did put money aside (~25) to be used later with the revocable trust – that is not EII.
EII was never designed as a donation type business model – not the nature of fraternal benefit orgs.
I am not sure why the term “donation” was ever used (it is really not the right term to have been used).
I think terms like grants, endowments, and terms like this would have been better once EII got to that stage.
Comment: Earlier versions of the Everytrust website (such as this from Google cache (http://209.85.165.104/search?q=cache:7iwGoCz2xTEJ:www.everytrust.org/2.html+everytrust+donation&hl=en&ct=clnk&cd=1&gl=us)) discuss “donations”.
--
Question: If I were to contact the IRS, would they confirm you filed a 990-N (required for organizations such as yours under $25K)?
990-N Return not due until May 15, 2008. Should be filed shortly anyway. You will see $0 as above.
No separate return was required for trust.
Revocable trust was never directly assigned assets and has been revoked.
The trust never earned any income/interest, so no taxable gain exists there.
--
Question: From the resume of Rodrigo Saracuza, he makes the following claims:
-- Worked for Everytrust in 2005, developing Oracle database applications for ~290K end users
-- Assuming the above is true, this would appear to violate the end user agreements for the Oracle software you previously described
Mr Saracusa worked with me in an Oracle DBA Internship in 2005 on the “Everytrust Fraternal Benefit Trust” (EFBT) database model as it was being called at that time. EII or any actual legal entity did not exist at that time. EFBT was just the concept prototype name for the idea.
Mr Saracusa developed many excellent scripts and architecture designs for the Everytrust database concept in a Oracle 9i DDL model.
His scripts included the create database commands, create schema commands, create tablespaces, tables, roles, users, and much more
He also included application patches using alter/drop table, alter user and other similar commands in his scripts
His models had to be designed to handle 300k end users per the specification, and his scripts had to include partitioning designs for tables that would likely be in high GB to TB range.
His work was done primarily using graphical tools and MS notepad to create scripts. I still have his scripts as part of the DB design.
99% of his intern work involved writing scripts and designing DB architecture that would be used when the databases were actually created.
Writing scripts using MS Notepad does not violate any oracle licenses that I am aware of.
Comment: I’m having a hard time matching up MartinVs answers….he is using the downloadable Oracle software yet has applications that support 290K users, TBs worth of data, etc. - all which seem in violation with the various Oracle licensing agreements he previously indicated he was using. After some discussion, MartinV stated that he alone was the only end-user, with much of it being vaporware such as test scripts, on simply drawn out on paper but not production software (note: my paraphrasing)
As to the question 2004 – 2007 (as mentioned on Mr Saracusa’s resume):
“I think he put stuff on his resume titled under Everytrust, because it does not look as impressive to say you interned for Martin.
--
General Discussion: I will be (and have been) honest, I suspect Everytrust was a scam of sorts; a set up as a tax exempt organization, managing a trust where you as "CEO" would draw a salary; scam aside this would be illegal.
Considering all the rough draft material that you guys have posted, lack of explanation and so on I totally understand. I guess I would think so too.
And a lot of stuff on the website was for explaining the vision and idea. And it really seems absurd when taken out of context.
It is hard to believe how could I make a statement about having 950 offices and 250 countries – sounds like an outrageous claim
And I know there were a couple of typos where it says 950 offices IN 250 countries (doh!) – IN vs. AND – little words but a big difference.
Most places I mentioned this in the past indicated OFFICES would be available to CHAPTERS from www.regus.com : I was planning on signing with them in 2007, but never did. I explained why in previous emails.
“Get Unlimited Network Access to 950 business lounges… Each business lounge is fully staffed, furnished and equipped with high-speed Internet access. In addition to business lounges, each of our locations also offers fully furnished offices and executive suites, a variety of meeting rooms, virtual office programs and on-site business services … for only US$300 a year for individual members and as low as US$90 for multiple members.”
EII uses chapters (probably would have been home based to start) as part of its FBO model.
Regus has offices these home based chapters could have used.
EII chapters once they were independently formed would have contracted to use one of the offices if they needed it.
CHAPTERS are not the same thing as OFFICES. One office might support many chapters.
And not all 950 offices are in all 250 countries (only 70).
But chapters from 250 countries could have come to the 950 Regus offices in 400 cities in one of 70 countries
The books I was in the process of publishing and several other places clearly stated that neither me nor my family were allowed to gain in any way from EII or the trusts.
It was always designed as a one way flow of money into EII and the trust FROM me.
Money or benefits were never allowed to go TO me or my family – as salary or any other way.
Also, I pointed out previously, that once the trust had reasonable assets, it was supposed to be managed by banks, brokerages, etc, NOT EII or me.
So many of you want to really find a way to make this into a scam or something illegal or whatever.
It was just an idea started by an ordinary guy trying to do something nice.
I was willing to put my money and my time into something that I thought might help a larger community.
Comment: MartinV seems to gloss over the 950 offices, 250 countries issue by labeling it as typos (please note, MartinV objects to my use of the word "typos").
Google cache links here (http://209.85.165.104/search?q=cache:ZoD7Zochn50J:www.everytrust.org/index.html+everytrust&hl=en&ct=clnk&cd=1&gl=us) and here (http://209.85.165.104/search?q=cache:bmdtP9iIINIJ:every-trust.net/5.html+everytrust+donation&hl=en&ct=clnk&cd=4&gl=us), you be the judge.
After further discussion on this, MartinV wrote this:
Most of the web stuff that got quoted was just fantasy crud that seeped out of my journals and ended up getting written like fact on my website and some other places. That was really stupid of me. I totally admit to writing all that stuff and it was way over the top – way over. No excuses. I wrote it. All that “speaking tour”, “trillion” that stuff all came out of the books where I was envisioning the future. When I look back at that website, I shake my head in disbelief that I wrote that outside the journals – I did of course.
Specific to the whole "was Everytrust a scam" issue:
For those silly enough to think this was a scam, just take a minute and think about the following:
The business was registered using my own name, home address to get it started. I filed proper forms with both the state and federal government using my own name and home address. By law, non-profits, once they get to a certain $amount, are subject to full audits. Once I started collecting real membership information EII would have been subject to Sarbanes-Oxley, HIPAA, and other compliance issues EII would have also been subject to review by agencies in most/all the countries we serviced.
Also, EII would have a board of trustees overseeing the trust and a board overseeing EII.
Plus the nature of a FBO, we would also be accountable to the various chapters around the world.
If someone were planning a scam, I think they would have picked something without out so much regulatory investigation and compliance.
I greatly appreciate MartinVs time and responses and leave it to you (the reader) to determine "overzealous excitement" vs poorly executed scam.
Gord_in_Toronto
16th March 2008, 05:27 PM
After reading to this point in this thread and the one that it spawned from, I think I have identified a new psychological syndrome -- Grandeurs of Delusion.
JonnyFive
17th March 2008, 05:48 AM
Sounds like "puffed up self image" and "ooh, tax exemption for my income!" to me. Organization as an FBO makes absolutely no sense whatsoever for a company intended as a trust managing entity.
Judging by these emails, even if Martin is 100% sincere and totally honest, it's a good thing that EveryTrust isn't around, because no one should ever give this man money to manage with this sort of attitude about his business and its operations.
Locknar, did he say anything more about the FBO organizational structure other than what you're already posted (which was basically "I never wrote bylaws")? I'm curious as to why he chose such an odd choice for organization. If he wanted to set up a trust anyway, it seems like it would've made a lot more sense to simply name himself the sole trustee and put any operational expenses in the trust's name for the sake of tax simplicity.
Locknar
17th March 2008, 06:24 AM
Sounds like "puffed up self image" and "ooh, tax exemption for my income!" to me. Organization as an FBO makes absolutely no sense whatsoever for a company intended as a trust managing entity.
Judging by these emails, even if Martin is 100% sincere and totally honest, it's a good thing that EveryTrust isn't around, because no one should ever give this man money to manage with this sort of attitude about his business and its operations.
Locknar, did he say anything more about the FBO organizational structure other than what you're already posted (which was basically "I never wrote bylaws")? I'm curious as to why he chose such an odd choice for organization. If he wanted to set up a trust anyway, it seems like it would've made a lot more sense to simply name himself the sole trustee and put any operational expenses in the trust's name for the sake of tax simplicity.Nope, "I never got around to it" (to paraphrase) was it. I agree with you, if 100% sincere and totally honest his attitude and lack of knowledge on business operations is quite alarming.
JonnyFive
17th March 2008, 07:07 AM
Nope, "I never got around to it" (to paraphrase) was it. I agree with you, if 100% sincere and totally honest his attitude and lack of knowledge on business operations is quite alarming.
Not the mention the nightmarish tax and legal situation this would create if it ever got anywhere. Let's pretend for a moment that Martin is completely sincere and people start putting money into EveryTrust, chasing that dream...
Where the hell does that put the tax situation? You have a trust fund set up with a non-profit FBO as the sole trustee. The non-profit FBO is then run by one guy ("board member?") using rented offices from an office space provider.
In addition to all the legal issues of the trust, there are then the highly complex regulations imposed on a non-profit FBO. These issues would include such fun, fun topics as:
-officer election
-board membership
-the role of the FBO as a trustee
-maintaining non-profit status
-tax liability on income received as trustee (which, if I read correctly in the IRS codes, may be considered a taxable source of income for a non-profit)
All handled by a guy who can't be bothered to set up bylaws and the extent of whose thought on the matter seems to have been "hey, if I put a couple bucks in a savings account for a thousand years, I'll have like a homillion-jillion dollars!"
Locknar
30th July 2008, 07:43 PM
An oldie but a goodie; seems Martin is at things again. This time, it is being a Real Estate Investor (http://www.trulia.com/voices/profile/Real_Estate_Pro-Mount_Airy-294201/). His new company, Integrity Venture Group, LLC (http://www.integrityventuregroup.com/) can be found here (http://www.integrityventuregroup.com/).
Yet another scam...what a shock!
Worm
31st July 2008, 12:14 AM
Somewhat of an ironic choice of name for his company there.
Foolmewunz
31st July 2008, 02:23 AM
An oldie but a goodie; seems Martin is at things again. This time, it is being a Real Estate Investor (http://www.trulia.com/voices/profile/Real_Estate_Pro-Mount_Airy-294201/). His new company, Integrity Venture Group, LLC (http://www.integrityventuregroup.com/) can be found here (http://www.integrityventuregroup.com/).
Yet another scam...what a shock!
Well, "scam", I don't know. Surely a little bit on the smarmy side, as factoring and discounting of receivables, lottery, and insurance is just slightly above loan-sharking on the business evolutionary scale, but it's not illegal.
(Unless you know something I can't see there.)
JonnyFive
31st July 2008, 06:03 AM
Hey now, I wonder what the angle here is. I bet he's got hundreds of offices in thousands of countries already. ;)
Maybe he'd like to buy this nice bridge that's near my office.
Locknar
31st July 2008, 07:18 PM
Hey now, I wonder what the angle here is. I bet he's got hundreds of offices in thousands of countries already. ;)
Maybe he'd like to buy this nice bridge that's near my office.Well, the World HQ is, oddly enough, the same as Everytrust's was.
Baron Samedi
1st August 2008, 03:07 AM
I've never understood this, perhaps someone could explain this to me. If I have in my hand a winning lottery ticket worth $100, why would I sell it to MartinV for $80 (or whatever discounted price he offers) when I can take it to the convenience store and get the full $100?
JonnyFive
1st August 2008, 07:48 AM
I've never understood this, perhaps someone could explain this to me. If I have in my hand a winning lottery ticket worth $100, why would I sell it to MartinV for $80 (or whatever discounted price he offers) when I can take it to the convenience store and get the full $100?
I guess he wants to set himself up as a settlement purchasing company, where you sell lottery winnings or a structured lawsuit settlement worth, say, $50K a year for 20 years, and get $300K right now or whatever from his company.
The person offering the service needs to run the numbers to discount the sale appropriately, given expect inflation and all, to net themselves a reasonable rate of return.
Generally this kind of busines advertises to people who need the lump cash right away for things like medical bills or large debt payments. Such companies will purchase a wide range of structured financial agreements, like lottery, lawsuit, or annuity payouts.
If would utterly insane to sell lump-sum payouts to such a company, and if Martin is taking that angle he's off his gourd.
JonnyFive
1st August 2008, 07:50 AM
Well, the World HQ is, oddly enough, the same as Everytrust's was.
I never would've guessed. :rolleyes:
Baron Samedi
1st August 2008, 07:59 AM
I guess he wants to set himself up as a settlement purchasing company, where you sell lottery winnings or a structured lawsuit settlement worth, say, $50K a year for 20 years, and get $300K right now or whatever from his company.
The person offering the service needs to run the numbers to discount the sale appropriately, given expect inflation and all, to net themselves a reasonable rate of return.
Generally this kind of busines advertises to people who need the lump cash right away for things like medical bills or large debt payments. Such companies will purchase a wide range of structured financial agreements, like lottery, lawsuit, or annuity payouts.
If would utterly insane to sell lump-sum payouts to such a company, and if Martin is taking that angle he's off his gourd.
Aaaaah, gotcha. But for you to run a company like this legitimately, wouldn't you need a heck of a lot of liquid capital so that people can receive their instant value vs. expected future value?
JonnyFive
1st August 2008, 08:03 AM
Aaaaah, gotcha. But for you to run a company like this legitimately, wouldn't you need a heck of a lot of liquid capital so that people can receive their instant value vs. expected future value?
Yes, it is a business that requires a large amount of up-front liquid capital.
Maybe he'll use all that money that the trust made. ;)
Locknar
1st August 2008, 03:36 PM
Yes, it is a business that requires a large amount of up-front liquid capital.
Maybe he'll use all that money that the trust made. ;)Oh yeah, I bet he is raking in the big bucks from the trust *lol*.
I'm guessing the lacks the liquid capital...other then his house, which I assume he won't touch. Maybe buy a house at a foreclosure sale and try to flip it...or just take out a mortgage against it.
All in all, another doomed business venture scam.
JonnyFive
4th August 2008, 12:29 PM
Oh yeah, I bet he is raking in the big bucks from the trust *lol*.
I'm guessing the lacks the liquid capital...other then his house, which I assume he won't touch. Maybe buy a house at a foreclosure sale and try to flip it...or just take out a mortgage against it.
All in all, another doomed business venture scam.
I bet his big plan, if it exists, is to take out a large loan to make the purchase, hoping to net a greater return from the fixed payments of the original annuity/whatever than the amount he has to pay back on the loan.
Too bad nobody would actually lend money for that thing (ETA: also, the interest rates most likely wouldn't work out in Martin's favor). It's almost as good an idea as EveryTrust was!
Locknar
4th August 2008, 03:51 PM
I bet his big plan, if it exists, is to take out a large loan to make the purchase, hoping to net a greater return from the fixed payments of the original annuity/whatever than the amount he has to pay back on the loan.
Too bad nobody would actually lend money for that thing (ETA: also, the interest rates most likely wouldn't work out in Martin's favor). It's almost as good an idea as EveryTrust was!Martin reminds me of Klinger on MASH...always some kind of "get rich quick" scam going.
Rasmus
6th August 2008, 09:46 PM
I bet his big plan, if it exists, is to take out a large loan to make the purchase, hoping to net a greater return from the fixed payments of the original annuity/whatever than the amount he has to pay back on the loan.
Too bad nobody would actually lend money for that thing (ETA: also, the interest rates most likely wouldn't work out in Martin's favor). It's almost as good an idea as EveryTrust was!
Hm, I haven't done the maths - but *if* anyone would lend the money for that kind of scheme, then wouldn't it be a lot simpler for the whoever has the winning lottery ticket to take out the same loan themselves?
Thy would get the same amount of money *and* keep whatever profits MartinV would be making by acting as a middle man.
JonnyFive
8th August 2008, 07:27 AM
Hm, I haven't done the maths - but *if* anyone would lend the money for that kind of scheme, then wouldn't it be a lot simpler for the whoever has the winning lottery ticket to take out the same loan themselves?
Thy would get the same amount of money *and* keep whatever profits MartinV would be making by acting as a middle man.
Yes. Yes they would.
Which is why such ventures generally only work unless you have adequate liquid capital.
Or you scam people. Whichever.
Locknar
8th August 2008, 10:01 AM
Yes. Yes they would.
Which is why such ventures generally only work unless you have adequate liquid capital.
Or you scam people. Whichever.Surly you can't be suggesting that Martin would scam people?
I mean...he is the pillar of integrity...take Everytrust for example; a $1B trust fund, offices world wide, etc. and a staff of just one (himself).
Er...wait...on second thought *lol*. In the words of Lobster...."rut rut rut".
© 2001-2009, James Randi Educational Foundation. All Rights Reserved.
vBulletin® v3.7.7, Copyright ©2000-2013, Jelsoft Enterprises Ltd.