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At the same time PSX investors are engaged in fiery debates about Henry James Banayat's letter in the article "PointShareXtreme (PSX) admin responds to scam accusation," an announcement was posted at Compumatrix.biz announcing that PointShareXtreme.com and other related sites will be offline during the weekend supposedly in preparation for the upcoming processing of member payments.

The announcement goes: 

Maintenance Schedule 

Friday, 21 September 2007

Please be informed that PointShareXtreme.com, Compumatrix and All-EC will be offline this weekend as we conduct our quarterly audit and the preventive maintenance of the dedicated server. This is in preparation for upcoming payment processing for members which is projected to increase the traffic on the site.

Last week, a post at the Compumatrix and Networks Interactive, Inc. (CNII) site explained the different ways PSX investors can be paid:

Payout Methods

Tuesday, 11 September 2007

There are several ways of being paid out in the PointShareXtreme.com program. Please be guided as we unveil the different payment strategies that this program can do for you.

1. Payment via Pay-It-Forward (PIF)

Everytime a member uses the PIF facility means they are paid by PSX, however the payments were used to purchase an Internet Marketing Service Plan to a new member availing it. The PIF allows you to sell plans to prospective customers. These customers may opt to pay you directly in cash or they may use e-gold or e-bullion to pay you. It should be noted that what each and every member is selling is a prepaid service for Online Advertising. It is not an investment.

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2. Payment via Fund Transfer (FT)

FT Transactions is the process by which a member exchanges funds to a prospective member in order for them to participate in the program and purchase PSX e-products or avail PSX e-services.

3. Payment via Sale of PSX Plans

One of the best ways of being paid is the ability to market and sell the various Internet Marketing Service Plans to your leads, prospects or customers. Please note that Online Advertising is a service. As such, it is your right as a member to sell these services which in turn would open an income stream to your prospective members.

4. Payment via CNII

CNII is also a member of PSX. As such they also buy and sell funds from members. Payment using this method would take more time and approval will be dependent on policies set by the company.

Pay-outs have been ongoing using the various methods enumerated above. Just make sure that you collect the dues from your customers in a timely fashion. Don't depend on just one payment method. Diversify or utilize all these methods for more results.

Nice. We'll wait until members are really paid. And see if this — as some investors have claimed — is not another case of selective payment.

But is there truth to Luigi's comment that the National Bureau of Investigation (NBI) has already frozen the funds of the program? 

The PSX money has been frozen by the NBI. Looks like everyone complained about the darn scammer named Henry. Off to jail you go Henry. Have fun with Steve and Bubba

If so, how can PSX make payments?

Discuss PSG/PSX in the Point Share Gold / Point Share Extreme forum thread. 

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This entry was posted on Saturday, September 22nd, 2007 at 1:31 am and is filed under PointSharExtreme, Scam Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.