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Old September 4th, 2008, 12:37 AM   #52 (permalink)
CuriousGeorge
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Allan, I do not believe you can sign up directly underneath yourself. However, you can re-sign up under people below you. So, let's look at it this way:

1. You

2. Sally, Sue

3. You, You, You, You

Now if I understand this correctly, once you have Sally and Sue as PAID (sent in their 99.00) your loans start up. You are a "provisional" or "Temporary" member.

Once you pay the additional 396.00 to activate the four spots you bought under Sally and Sue, your top level spot is permanently qualified and you go into the full loan program. Or, you could simply pay Sally and Sue's fee, then your four spots for a total of 594.00 (plus e-currency fees).

If Sally, Sue, and the lower 4 "you" drop out of the program, your original top spot continues in the loan program as long as you continue to make the loan payments every month. I do not believe you have to lift your finger to sponsor another person ever again.

From what I am reading over on the ASA forum, there are many that are wanting to set up multiple permanently qualified loan centers. Now, to my way of thinking, that's fine, if you want to go full tilt in this program. However, I do not think the program has been around and active for all that long. I do not know if anybody has reached the 1,600 loan mark. So, in order for people to be so desperately looking for new people and "Paying It Forward" to ensure everyone helps them get permanently qualified, there HAVE to be a bunch of people dipping DEEPLY into their own pockets BEFORE they are at the point where they are in true profit.

And that breaks the Ape's second rule of internet program investing.

Let's review the rules:

1. NEVER put in a penny more than what you would willingly use to light a cigar, or, for the non-smokers, never more than you would hand a teenage daughter before dropping her off at the mall with 3 other teenage friends.

2. NEVER re-invest your principle before you are in profit.

3. ALWAYS pay yourself on a regular planned periodic basis with funds from the program that are NEVER going back into the program.

4. NEVER re-invest more than "X%" of the profit (you decide what is a good percentage number and STICK TO IT).
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