Here are some quotes from some sharps
I am not sure what is going on, but there have been ramblings that WSEX was invested with Stanford Financial. Mr. Cohen of WSEX said that they couldn’t have invested with Stanford because Stanford wouldn’t accept money from casinos or gambling related businesses. Now, I don’t believe that someone running a billion dollar Ponzi scheme would jump to some moral high ground when it comes to gambling. I don’t necessarily believe WSEX had invested, but being that Stanford was pretty much the king of Antigua, I wouldn’t be surprised. In any case, the bottom line is I believe that WSEX is low on cash, but that doesn’t mean it is true. A friend of mine, who knows about these forums but doesn’t post, told WSEX after many days of non-payment that he would tell all on these forums. He had his cash the next day. Actions like these make me cringe, because I would then believe that they are trying to protect their name while delaying payment. A good question would be that would a failure of WSEX also bring down the now almighty Matchbook because of their relation? If you need a recent example, you can look at the failing Hummer brand, but despite their problems a few other lines are doing well. What do they do, discontinue the Hummer line and keep the profitable ones running. If this would be similar to a failing WSEX and profitable Matchbook, then I believe that public perception of a WSEX fallout would certainly affect Matchbook in a negative way. With this in mind, they would need to make WSEX look as strong as ever. They have been holding on to the processor issue for a long time. They know that they are losing customers, and have been for a while. Like the man said above, I would do whatever it takes to pay “and keep” a customer. They just aren’t doing this. I hope that some answers to this question, as well as books that others play, could arrive from Shrink’s trip.
I am not sure what is going on, but there have been ramblings that WSEX was invested with Stanford Financial. Mr. Cohen of WSEX said that they couldn’t have invested with Stanford because Stanford wouldn’t accept money from casinos or gambling related businesses. Now, I don’t believe that someone running a billion dollar Ponzi scheme would jump to some moral high ground when it comes to gambling. I don’t necessarily believe WSEX had invested, but being that Stanford was pretty much the king of Antigua, I wouldn’t be surprised. In any case, the bottom line is I believe that WSEX is low on cash, but that doesn’t mean it is true. A friend of mine, who knows about these forums but doesn’t post, told WSEX after many days of non-payment that he would tell all on these forums. He had his cash the next day. Actions like these make me cringe, because I would then believe that they are trying to protect their name while delaying payment. A good question would be that would a failure of WSEX also bring down the now almighty Matchbook because of their relation? If you need a recent example, you can look at the failing Hummer brand, but despite their problems a few other lines are doing well. What do they do, discontinue the Hummer line and keep the profitable ones running. If this would be similar to a failing WSEX and profitable Matchbook, then I believe that public perception of a WSEX fallout would certainly affect Matchbook in a negative way. With this in mind, they would need to make WSEX look as strong as ever. They have been holding on to the processor issue for a long time. They know that they are losing customers, and have been for a while. Like the man said above, I would do whatever it takes to pay “and keep” a customer. They just aren’t doing this. I hope that some answers to this question, as well as books that others play, could arrive from Shrink’s trip.
