James Ryan Jonas

The Fall of PhoenixSurf: Not my fault, says Jonathan Mikula

Non est mea culpa. Not my fault.

This is what Jonathan Mikula seems to be saying about the fall of PhoenixSurf (www.phoenixsurf.com), the erstwhile popular autosurf program he used to run.

In an interview with The Red and Black, student newspaper of the University of Georgia, Jonathan Mikula chronicled the collapse of the autosurf program:

In November 2005, Mikula’s company, New Millennium Entrepreneurs (NME), registered PhoenixSurf.com as a limited liability corporation with the Georgia Secretary of State.

Soon afterwards, Mikula enlisted the help of Organa Consulting and Avante Holding Group, consultation firms run by Florida businessmen Christian Rishel, Michael Hawkins, and Jason Benoit. Mikula admitted they needed consultants to help operate the autosurf program because they were “inadequate in certain areas in terms to run the site.”

Non est mea culpa. Not my fault.

This is what Jonathan Mikula seems to be saying about the fall of PhoenixSurf (www.phoenixsurf.com), the erstwhile popular autosurf program he used to run.

In an interview with The Red and Black, student newspaper of the University of Georgia, Jonathan Mikula chronicled the collapse of the autosurf program:

In November 2005, Mikula’s company, New Millennium Entrepreneurs (NME), registered PhoenixSurf.com as a limited liability corporation with the Georgia Secretary of State.

Soon afterwards, Mikula enlisted the help of Organa Consulting and Avante Holding Group, consultation firms run by Florida businessmen Christian Rishel, Michael Hawkins, and Jason Benoit. Mikula admitted they needed consultants to help operate the autosurf program because they were “inadequate in certain areas in terms to run the site.”

Non est mea culpa. Not my fault.

This is what Jonathan Mikula seems to be saying about the fall of PhoenixSurf (www.phoenixsurf.com), the erstwhile popular autosurf program he used to run.

In an interview with The Red and Black, student newspaper of the University of Georgia, Jonathan Mikula chronicled the collapse of the autosurf program:

In November 2005, Mikula’s company, New Millennium Entrepreneurs (NME), registered PhoenixSurf.com as a limited liability corporation with the Georgia Secretary of State.

Soon afterwards, Mikula enlisted the help of Organa Consulting and Avante Holding Group, consultation firms run by Florida businessmen Christian Rishel, Michael Hawkins, and Jason Benoit. Mikula admitted they needed consultants to help operate the autosurf program because they were “inadequate in certain areas in terms to run the site.”

Non est mea culpa. Not my fault.

This is what Jonathan Mikula seems to be saying about the fall of PhoenixSurf (www.phoenixsurf.com), the erstwhile popular autosurf program he used to run.

In an interview with The Red and Black, student newspaper of the University of Georgia, Jonathan Mikula chronicled the collapse of the autosurf program:

In November 2005, Mikula’s company, New Millennium Entrepreneurs (NME), registered PhoenixSurf.com as a limited liability corporation with the Georgia Secretary of State.

Soon afterwards, Mikula enlisted the help of Organa Consulting and Avante Holding Group, consultation firms run by Florida businessmen Christian Rishel, Michael Hawkins, and Jason Benoit. Mikula admitted they needed consultants to help operate the autosurf program because they were “inadequate in certain areas in terms to run the site.”

Non est mea culpa. Not my fault.

This is what Jonathan Mikula seems to be saying about the fall of PhoenixSurf (www.phoenixsurf.com), the erstwhile popular autosurf program he used to run.

In an interview with The Red and Black, student newspaper of the University of Georgia, Jonathan Mikula chronicled the collapse of the autosurf program:

In November 2005, Mikula’s company, New Millennium Entrepreneurs (NME), registered PhoenixSurf.com as a limited liability corporation with the Georgia Secretary of State.

Soon afterwards, Mikula enlisted the help of Organa Consulting and Avante Holding Group, consultation firms run by Florida businessmen Christian Rishel, Michael Hawkins, and Jason Benoit. Mikula admitted they needed consultants to help operate the autosurf program because they were “inadequate in certain areas in terms to run the site.”

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Income from scams and bribes are also taxable

Whether it’s earnings from online scams, fraud Multi-Level Marketing programs, and shady High Yield Invesment Progrqams (HYIP), as long as it’s considered income, it’s taxable.

Any monetary benefit received from an activity, illegal or otherwise, normally becomes part of one’s taxable income.

That’s from an article published in MSN Money Central which also summarizes how they are treated under US tax laws. Take note of the following, lest you want to run into trouble with the Internal Revenue Service (IRS).

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Is online income taxable?

Finally, after months of discussion in the Tax on Online Earnings thread in the PMT Forum, we now have an official reply regarding taxation of … Read More

Confessions of an ex-HYIP investor (Part 1)

It all started with one spam email. It was the last week of December 2004. I was cleaning out my Yahoo! inbox but instead of deleting all mails in the Bulk Mail folder, I retained one whose title caught my attention. It proclaimed: "40% return after 5 days! No risk!"

I clicked the link in the mail despite the resistance of the voice in my head: "Fool! Don't trust these people! 40% return in 5 days is impossible. It's definitely a scam!"

I know, I told myself, but I'll just try searching for this in Google to see what turns up. Who knows, this might be the 'pot of gold' I've been looking for!

One keyword led to another and I jumped from one site to the next: MinistryofGold.com, MoneyMakerGroup.com, TalkGold.com, HYIPDiscussion.com.

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Match your investment horizon with your UITF investment

If only Unit Investment Trust Fund (UITF) investors matched their investment horizon with the UITFs they got into, the decline in UITF prices during the summer of 2006 would not have been that bad.

This is according to the Trust Officers Association of the Philippines (TOAP) who believes increasing interest rates was not the only factor that pulled down the net asset value per unit (NAVPU) of UITFs early this year. The panic selling of investors who were frightened by the falling prices also contributed to the UITF shakedown, the TOAP explains.

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Where should I invest?

What’s a good investment program? Where should I invest? You probably are one of the many who keep on asking the same questions. Dr. Noet … Read More