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freebird658
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Joined: 11 Dec 2007
Posts: 132
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#21 · Posted: 1 Aug 2008 17:59 · Edited by: freebird658
I just got this info from the Ad Surf Zone:
I just got off of the phone with Customer Service and they told me that they were shut down because they are getting investigated. The Attorney General seems to think that this is a Ponzi Scheme and has froze all accounts. She informed me that ASD attorneys are working on this, but it was too late in the day to contact the right people that needed to be contacted. She is hoping that the site will be up and fully functional in the next couple of days. Lets everyone stay positive and hope that this is over soon!!!!
Not good at all!
Golden Panda is still up and my ad package just posted to my account today! I hope they don't target GP next!
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dbmaxx
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Joined: 10 Jul 2008
Posts: 56
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#22 · Posted: 1 Aug 2008 18:15
Guess we'll all know for certain about ASD's legality once and for all when this dust settles
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tmorrison
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Joined: 23 Jul 2008
Posts: 134
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#23 · Posted: 1 Aug 2008 18:27
From what I am hearing the site will be up early next week. Apparently some members have been complaining (to the Attorney General) about the payment to us & all info is now being provided to the AG office.
Everyone is getting paid, however some members don't understand how this growth has slowed the payment process a bit.
At least when this is resolve soon..We will have more creditbility all the way up to the US AG's office...
ASD lawyers are meeting with the gov. lawyers to go over the books and to resolve this matter as quickly as possible
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iggyigette
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Joined: 27 May 2008
Posts: 482
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#24 · Posted: 1 Aug 2008 18:34
I spoke to Customer Service a few minutes ago...
The line they are following is:
"ASD is not a scam. It is being Investigated by the AG. The site should be up next week."
Who really knows...we will find out next week...IF the Dust settles by then...
My gut feeling tells me it won't...hopefully I am wrong...
Otherwise I may have to list another Steak for Sale!
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opendomain
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Joined: 19 Aug 2007
Posts: 531
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#25 · Posted: 1 Aug 2008 18:38
Wow I'm really sorry to hear that. I know a lot of people have vested a lot of time and a lot of money into ASD. Like you say though, if they pass this it will definitely lend TONS of credibility to the program. ...I was going to get in on a call this weekend too I guess I'll just go ahead and postpone that till next weekend assuming everything is ok.
BTW it is actually good that the accounts have been frozen. On the off chance that ASD is a scam at least the owners will not have been able to liquidate and run. SO if they do go belly up at least you'll have a shot at getting some of your money back.
I hope it works out for the sake of those people who gambled on this.
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luvtravel
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Joined: 11 Dec 2006
Posts: 811
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#26 · Posted: 1 Aug 2008 18:46
Lets keep a good thought
that they will get it straightened out quickly.
"No weapon formed against us will prosper"
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iggyigette
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Joined: 27 May 2008
Posts: 482
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#27 · Posted: 1 Aug 2008 18:50
I think if this is a Legit Organization who is being Questioned by the AG, then Andy Bowdoin would send us all an email within the next day or two. If this is turns out to be some sort of "scam", at least the ASD account is frozen
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hammerx3
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Joined: 31 Jul 2008
Posts: 27
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#28 · Posted: 1 Aug 2008 18:52
luvtravel,
I agree. The best thing we can do for our own well being right now is to keep a positive attitude and hope for the best. For the most part, we all believed in this company this morning and this should not change that.
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Debbie
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iggyigette
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Joined: 27 May 2008
Posts: 482
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#29 · Posted: 1 Aug 2008 18:54
I will on a Conference Call right in a few minutes to find out what is going on
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EnjoyingItAll
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Joined: 11 Jun 2008
Posts: 38
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#30 · Posted: 1 Aug 2008 18:55
Why is the U.S. Attorney's Office located
in the District of Columbia?
How is ASD affiliated with the District of Columbia?
Is it like Golden Panda being affiliated with Nevus?
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vikingfan
Forums Member
Joined: 18 Jun 2008
Posts: 86
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#31 · Posted: 1 Aug 2008 18:58
When the AG starts getting a bunch of calls they have to pause things and investigate. That's standard procedure. We know ASD is not a scam so they will be cleared. You can't shut a company down for poor customer service etc. If it was the SEC that was shutting it down then I would be worried.
Also, I deposited a $9000 ASD check today and got a $12000 check that I have not deposited yet. What should I do? Any ideas?
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dillon o'shea
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antwan
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Joined: 20 May 2008
Posts: 20
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#32 · Posted: 1 Aug 2008 19:01
The good news is that they have the same attorney who handled the same situation for Amway working on this. If it's a positive result at least we will know it's "legit" and we can move forward with confidence. If not, then it will be an unfortunate situtation for many, many people.
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iggyigette
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Joined: 27 May 2008
Posts: 482
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#33 · Posted: 1 Aug 2008 19:01
vikingfan: Also, I deposited a $9000 ASD check today and got a $12000 check that I have not deposited yet. What should I do? Any ideas?
Don't do any deposits since chances are their bank account is Frozen by the AG.
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hutch1c
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Joined: 21 Jun 2008
Posts: 38
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#34 · Posted: 1 Aug 2008 19:01
EnjoyingItAll: Why is the U.S. Attorney's Office located in the District of Columbia? How is ASD affiliated with the District of Columbia? Is it like Golden Panda being affiliated with Nevus?
=Washington DC, it's our government investigating
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freebird658
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Joined: 11 Dec 2007
Posts: 132
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#35 · Posted: 1 Aug 2008 19:33
The Us Attorney Generals Office Is In "Washington DC" This is the Attorney General that governs the whole United States!
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tmorrison
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Joined: 23 Jul 2008
Posts: 134
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#36 · Posted: 1 Aug 2008 20:46 · Edited by: tmorrison
I GUESS THIS IS THE FINAL TEST TO THE CREDIBILITY AND LEGALITY OF ASD...
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vikingfan
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Joined: 18 Jun 2008
Posts: 86
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#37 · Posted: 1 Aug 2008 21:48
Listen to the conference call. www.byoaudio.com/play/WYRbN9GQ
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dillon o'shea
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freebird658
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Joined: 11 Dec 2007
Posts: 132
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#38 · Posted: 1 Aug 2008 22:11
Thanks Dillon for sharing the audio with us. After listening I feel more confident now that ASD will come out on top and will be better and stronger than ever! Now for a sigh of relief!
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alasycia
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Joined: 4 May 2008
Posts: 287
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#39 · Posted: 1 Aug 2008 22:57
Hi All,
Having also listened to both calls and spoken to the office, this is believed to be a complaint by a disgruntled member who hadnt been able to cash out or receive their ad packages from around Miami time.
We will be told when they know!
However it is not as serious as it looks. This happened about 6 months ago with another complaint and the company was smaller and less know. The AG checks out the books and when they are found to be ok and legal then the site goes back up.
The Lawyers are happy with progress, no one is panicking.
Another bump in the road for this fast growing company which will leave it stronger and this time with a highly visible AG clearance which might quieten down a few of the anonymous and less anonymous critics.
I have a question for one or two anonymous ladies. no sig link, no name no details - why the tremendous interest and obvious glee at the temporary misfortune of this company?
The only thing I could criticize Andy Bowdoin for is that he judges people by his own standards and assumes people are honest and ethical in business, unless proved otherwise. He should get to know some of the sharpey work at home "millionaires" who love to see and write rubbish about this company
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alasycia
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Posts: 287
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#40 · Posted: 1 Aug 2008 23:06 · Edited by: alasycia
www.asdforyou.com
this asd information site will be kept fairly up to date - so will be worth checking.
Jenny
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