Money Received

Well, I finally received the money they said they owed me: $16 from over $90 I had in my account when they shut down the program.... It only took a "few" month for me to get that money... I think this is their Christmas Present ;)
What a waste :(

It's over

I wasn't able to attend the conference call but I got an email from my sponsor telling me that the Golden Path will close for good... :(
I also read it in the newsletter in the members back office... too bad as I'd really thought this was going to be the big one...

Members can access the site

So now actual members of the Golden Path are able to access the site and log in but the back office is nothing but a place to read about the news letters, see the latest conference call, join EzyBonds and send in support tickets.
No new members are able to join for a few month time, as they've said in the last conference call. I'm really exited about what is going to happen with The Golden Path... let's wait and see... hope the site is back to 100% as soon as possible ;)

Golden Path Shut down...

Just received this new update from the Golden Path Admin: the site is shutting down and will be offline after the conference call we are going to have tonight. Looks like this will be the only way to make the business to "wake up" again. 

 

Here is the update:

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Hello Members....

Please take some time to read this important message.

TheGoldenPath.biz! was set up with a plan that would make it possible for ordinary people to create a better lifestyle for themselves and for others less fortunate around them. In saying that we are extremely proud of our entire Golden Path community. You have stood beside us and provided support and vision to the members around you and also to your downlines and teams. You have never let us or yourselves down.

We thank you for your continued support.

Since opening for business on 14th April;  23,157 people have become members of TheGoldenPath.biz! and we have paid out bonuses totalling USD $3,033,353 during that short period. That's a lot of money especially when you consider how slow the cycling times have been recently.

We have a short report on what has happened since we opened our doors for business:

1. TheGoldenPath.biz opened for business on 14th April 2012

2. During the first 9 weeks of business the program operated perfectly, cycling fast and on time, delivering solid profits to our members.

3. But then something happened.

4. On the 19th of June 2012, TheGoldenPath.biz! web site and server crashed. A monumental meltdown had occurred. We were off line for more than 3 weeks.

5. Hackers entered our data base. From there they wreaked havoc on our systems and made a big mess in our server.

6. The system was restored and a very expensive second new high tech server was installed, and we eventually restarted the system on the 5th July.

7. For the 6 weeks since we restarted, TheGoldenPath.biz! has struggled.

8. The volume of new member registration diminished due to ongoing program issues and therefore member confidence also diminished.

9. Cycling times have been getting slower and slower, no matter how hard our programmers fought to shorten Cycling times.

10. Ongoing investigation into what had happened to the program which caused the cycling times to increase finally revealed a nasty result just a few days ago.

11. Our programmers found a Fracture in the Software Script which occurred on the 19th June, the same day the hacker entered our system.

12. We have determined that the damage was done on that day, and it was done by the hacker.

13. The only way to fix this problem, forever, is to close the program and database down so that the repairs can be done in a calm and responsible manner.

14. John, our local internet design and security expert is preparing to fly to Russia to meet with and work with our Web Designer. It is envisaged that he will leave our shores in few days.  This is the fastest way to deal with what has to be done.

15. The Engine has already been switched off. Cycling has stopped. You are now unable to withdraw, transfer, add new members, or fund accounts. We have taken this action to protect TheGoldenPath.biz! and all of its members.

16. We love this business and we love all of our precious members. The Company is solid. We are not going anywhere. We have families, just like you; and we have expectations just like you; and we have planned our lives around the success of this business.

17. Today the site has been closed and TheGoldenPath.biz web site will sleep silently behind an information panel which will be loaded by the time the member's webinar has completed today.

So my friends, that is the only unpleasant news we have for you.

The Best News is that Nothing is Wrong!
Everything else is extremely inspiring, so please read on.


The Golden Path Ahead

While we are closed for business, we will also make some improvements to the engine that drives the way the bonuses are paid. These changes will have the effect of supercharging the cycling times, and removing the necessity for recruitment of new members.

The way in which the business currently operates, will change.

TheGoldenPath.biz will become a Private CLUB. It will still be called The Golden Path.biz but it's constitution will alter to reflect the changes.

All existing TGP members will automatically become members of the Club.

No new people will be recruited into the club for several months.

The Clubs altered operation will mean that the appearance of the web site and the way we present the information to our members and to the public will alter. We are certain that you will like what is coming.

All of the recent security measures we have introduced will remain in place.

Members will be presented with a front page, with an entry point, which will take them to a Members Only Login Portal.

The terms and conditions will alter to reflect the variations in the Clubs Constitution.

Within a few days members will be able to Login through the front page which will take you to a constantly updated newsletter, so as to keep you in communication with our progress.

All existing banner advertising referring to other sites will be removed.

You will not be permitted to link TheGoldenPath.biz to any other site for marketing purposes.

No one will be deleted and no one will lose their money. We envisage being in a position to reinstate all members financial losses that were caused by slow cycling times. We will manage this once TheGoldenPath has returned to full operation.

We want you to stay. To remain part of our family and to reap the benefits of our mutual relationships.

We wish to thank all of our wonderful Directors Admin Team and the Communicators Team for all of their great work over the past few months and now, for their diligence, planning and support, and endless working hours, days and nights. Some of these people never seem to sleep!

We will provide a contact point for you soon and will put this information on the news page should you feel an urgency to contact us.

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I'm really impressed about this move and I think it shows that they are very serious about their business, and ours. I really hope that it will work out and I'm very exited about what will be happening in the next few weeks...

From the last call

Yesterday I attended to the Golden Path conference call. As usual it was a quite short one and all the things about the new terms, changes payplan and cycling speed was touched there.

Most important for the sake of this business: The cycling speed has to be improved. As I wrote in the earlier post their solution to this matter was to take down the Level 5. Why? Well, Level 5 used to pay out $20 which was cut down to $15 and now completely suppressed so all the money generated by the 5th level is now turned into Angel Positions; 40 to be exactly. So this should speed up cycling by aprox. the following values:

Level 1:   33%

Level 2:   16.5%

Level 3:   8.25%

Level 4:   4.125 %

Level 5:   2.6 %

The goal with this measure is to protect the Level 1 as it's the most important level inside the Golden Path business and the rest of the levels feed from the success of this first level....

The goal for cycling speed and then to keep it there is 15 days. hope that after all the technical issues we've been through they finally manage to make it happen :)

Also an important point is the daily withdrawal limit: It is set to $3000 but now this is only for your personal earnings and not for your referral commissions. So if you earn over $3000 in commissions from your own subscriptions you can only take out those $3000 BUT if you also earn extra due to your referrals, you will be able to withdraw that money as well, even if it goes over the daily limit: that's cool, huh? For me it is still a long way till that mark specially as I have only one referral and only 3 subscriptions so far :)

New update: Pay Plan modified!

Today I received a new update from the Golden Path and I was quite surprised reading it as it was about changes made to the current Pay Plan. A few weeks ago they changed the level 5 payout from $20 to $15 to increase cycling speed due to those extra -$5 going to be placed as Angel Positions. So this update today is about completely leaving the level 5 earnings as Angel Positions....

Here is the email:

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Growth Accelerator
Today, we have made some changes that are very exciting
which will benefit the entire network. These changes will
make the program even more powerful and more profitable.

Level 5 has changed entirely into an Angel position.
Please understand - this will not damage your income expectations at all.

What will happen is Matrix 1, 2, 3, and 4 will speed up exponentially!
Cycling will speed up so fast, that the lower levels
will replace the income expected from level 5!!!
Members will not lose anything. On the contrary! Cycling periods will decrease so that you will earn
the same money you're making now after a lag period
of approximately 7 - 14 days!

This will not only make all members businesses more
profitable, but it will help the new people in level 1 -
with rapid progression.

It will also help to restore confidence by causing and
maintaining faster cycling times.

These changes have been implemented.
They will boost your income over time.
These changes are essential as members have not been actively enrolling new referrals and have not been activating new subscriptions.

Folks, let's get busy. Its time to Walk the Talk.
The TGP philosophy is based on helping others to break free from their financial shackles so that they too can enjoy some of the fruits of life.

We always need to think about enrolling new people.
New people are the bloodline of our business and any business!

SO! We are also introducing an Accelerator Program which is designed to quickly multiply the membership base.This will be introduced soon and will no doubt, blow your mind.

TheGoldenPath.biz is the most powerful network in the industry. Our Members will all reach new records, so please trust the changes we have made to our formula, as we would never do anything that would harm members or the membership.

The TGP administration team will continue to work day and night, if need be, to make sure that members make a continuous income during the life of this network.  We have already paid out over $2.4 million since our launch on the 14th April 2012 and plan on breaking many records in the future.

We plan to launch our newest network in approximately 2 to 3 months. A qualification for entering that new network will be 100 subs activated in TheGoldenPath.biz . We encourage you to continue to activate as many subs as you can afford until you reach that qualification so you will be able to participate, on the ground floor, when we launch this powerful new business.

We promised you all that every new venture launched by us would be more powerful than the last, so fasten your seatbelts!!!

We thank you for your continued loyalty and for joining with us in our TGP community vision of People Helping People to Create Financial Freedom!
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I hope this strategy works the way they think and people don't start seeing this as a failure to their system...

So here is the new PayPlan:
Level 1:
$2.00 COMPANY FORCED 2X2 MATRIX = $8.00
$4.00 PUTS MEMBER IN $4.00 MATRIX – LEVEL 2.
$2.00 IS USED FOR 1 COMMUNITY ANGEL POSITION
$2.00 IS PAID TO THE MEMBER

Level 2:
$4.00 COMPANY FORCED 2X2 MATRIX = $16.00
$6.00 PUTS MEMBER IN $6.00 MATRIX – LEVEL 3.
$4.00 IS USED FOR 2 COMMUNITY ANGEL POSITIONS IN MATRIX $2.00
$5.00 IS PAID TO THE MEMBER
$1.00 IS PAID TO SPONSOR

Level 3:
$6.00 COMPANY FORCED 2X2 MATRIX = $24.00
$8.00 PUTS MEMBER IN $8.00 MATRIX – LEVEL 4.
$8.00 IS USED FOR 4 COMMUNITY ANGEL POSITIONS IN MATRIX $2.00
$7.00 IS PAID TO THE MEMBER
$1.00 IS PAID TO SPONSOR

Level 4:
$8.00 COMPANY FORCED 2X2 MATRIX = $32.00
$10.00 PUTS MEMBER IN $10.00 MATRIX – LEVEL 5.
$10.00 IS USED FOR 5 COMMUNITY ANGEL POSITIONS IN MATRIX $2.00
$10.00 IS PAID TO THE MEMBER
$2.00 IS PAID TO SPONSOR

 Level 5:
$10.00 COMPANY FORCED 2X2 MATRIX = $40.00
$40.00 IS USED FOR 20 COMMUNITY ANGEL POSITIONS IN MATRIX $2.00 -

Level 5 has been changed on 8th August 2012
to maintain the longevity of the Program.
For the Benefit of ALL Members
Please read the Newsletter dated 8th August 2012

This will pay out a maximum of $24 per subscription once it has gone through 4 levels of cycling instead of the $39 we had before for going through 5 levels... no problem for me ;) it's just surprising they change the Payplan without any prior notification to it's membership...

Let's hope this works out :)

Paid for another Subs

So today my e-wallet reached a comfort level where I thought: Let's go for another Subscription :) So I just bought another $2 daily subs with The Golden Path. If it takes like the other subs running at this moment I think that it will start cycling in about 20 days :) Let's see what will happen ;)