05-25-2010, 02:00 PM
brokerjones
Junior Member
Join Date: May 2009
Posts: 22
Oceanside Network & Oceanside Forex....Q&A
Dear Forum Members,
As you may or may not be aware there was a long defamatory and slanderous thread about me that has been deleted.
In light of that a new "thread" was created by a user who seems to be convinced in his own mind that I am a "scammer".
What I have started this thread for, is that we can have a civil discussion where anyone here may ask questions regarding Oceanside. Oceanside Forex I can speak on publicly.
Oceanside Network I am limited in what I can say until further advice from our attorneys. (Contrary to popular belief, we are bringing several items to our attorneys AND...we have contracted a 2nd counsel so that we can have more than one opinion. There are actually multiple current options in order to continue to improve the business model of the Network.....one such option includes forming what we like to call PODS where members would come in groups of no more than 15 and they would form their own mini corporation and open their own Managed accounts starting at $50,000 and higher. ...We are currently exploring additional options as while the PODS concept is fully compliant through SEC regulations, we still like the freedom that individuals have with our current structure. We will update, as per our counsels advice.)
Before we open up this forum to Questions and Answers, I am going to respond to several accusations and slanderous comments from user named FastMoney.
His first claim:
"That Broker Jones guaranteed profits"
My response: NEVER....ANYWHERE....have we ever guaranteed, or promised any type of profits. In fact on EVERY webinar....and I do mean EVERY webinar I say the same thing over and over again.
"This is real live trading without a safety net. We cannot guarantee what is going to happen 5 minutes from now, let alone next month. All we can do is show you past...and present performance." (If you have attended one of our webinars...you've heard me say this...over...and over...and over.)
His next claim:
He is asking people to invest their life savings...
My response:
NEVER....have I ever told anyone they need to put money into our company. In fact on every single webinar we do I tell people up front, "This is not a sales pitch, we are simply here to show you transparency and help you make an informed and educated decision, and if you choose not to invest with Oceanside, then at least we can help educate you so that you can make a the best possible decision with your money." In fact that's why we developed the OFX U on our website at Oceanside Forex.
Show me the PROOF, that I have ever asked anyone to put their "life savings" into Oceanside.....ever. I will never do so..in fact that would be sheer insanity. In fact we had one member of Oceanside ask me if I thought he should invest with $30,000....and I said that I absolutely could not answer him, it is not my decision to make.
His Claim:
That we have offers of $100 million on the system.
My response:
Yes, just prior to Oceanside launching in September of 2009 there was a $100 million plus offer on the table to purchase the system. Had that occured, Oceanside would not exist. The creators of the system however decided that it was in their best interest to allow Oceanside to market the opportunity via our private offer and through our Managed Accounts visible on Oceanside Forex's website. We have proprietary access to the system.
His Claims:
His company only accepts funds through alertpay...
My Response:
This is currently true however we are opening a New Zealand Bancorp within the next several months. In fact we have just signed a Terms of Engagement with the New Zealand lawfirm who will be setting it up for us.
I fail to see how using Alertpay makes us a Scam. They are a 15 year old company and they have an account with Deutche Bank......it doesn't get anymore legitimate than that.
His Claims:
Oceanside goes through a broker, avs carter.. he is touting as the best in the business, yet all their address's around the world are nothing more than mailbox etc's......
My response:
We use AVS Carter which is now transitioning to WSD Direct in New Zealand. The funds in the brokerage are guaranteed by NZX.....meaning if the brokerage went "scam" the funds are protected. (This is a good thing)
NEVER......have I said they are the "best in the business" That is an outright lie. In fact on Oceanside Forex you can clearly see we offer several brokerages for our Managed Accounts....including MIG Bank. (Please.....try to tell me that MIG Bank is a scam too.....
)
His Claim:
Broker has been in every hyip known to man...
My response:
Actually I lost money in FastProfits Club (that was my 1st) (I recruited nobody)
Then I lost money in Tri-Star Media (Bob Krimminals enterprise) (I recruited about 5-10 people here....I did think it was a legitimate company....it was an honest mistake. Luckily those people had pulled out their initial funds and did not lose.)
I made money in Vlane (aka Global Marketing Solutions) (This scam actually ran long enough and me and my small group of people that I did bring in all made money.......I actually believed that Fee Vuerhoff AKA Mrs. Vee....was an honest person and not capable of running a scam....)
I did make money in Guardian Equity Group (never recruited a single soul.....I had learned my lesson!)...but as you may or may not know I'm also the guy who went to war with them on my blog, publicly detailing all of the red flags of why I feel they are a ponzi scam.
If having sought a legitimate passive income on the internet makes me a scammer......then I guess I am guilty as charged....
His Slander:
That is all his deal is smoke and mirrors. Made up to look nice for sucker mlmers...
My response:
This is nothing but 100% Libel and Slander and I will be taking it to my attorneys. (I estimate that statements like this made on the internet by Fast Money have cost my business over 1 million in damages, and have hurt my reputation, and put my family in jeapordy.)
---
In Conclusion:
We make no promises.
We make no guarantees.
And if you would like proof of our system trading and the returns that we have made since October when our first account went live, we can show you so much empirical evidence it would make even the most staunch cynic realize that we are really......trading.
We can provide over 130 pages of Account Statements.
We show live webinars Monday - Friday...2 times per day showing you a Live Managed Account. We can and will pull up for you Live Account Statements right there on the presentation. If you want to see the last week. We can show you the trades, the chart, and the relevant numbers.
And again I promise you we are taking this....with him in mind...to our attorney and I can also promise you that our attorney can and will subpoena FastMoneys personal information should we choose to pursue this further.)
....I would rather.........however.....
We have a civil, informative, open, and transparent discussion here on this very thread, without any further "name calling", "bashing", "slander", "libel" or any other destructive comments towards either myself or Oceanside.
At this time I will gladly answer any and all questions.
If for any reason I do not know the answer off the top of my head, I will consult either our head trader, our programmer or our attorney.
We are very aware of all of the regulations with the SEC and we are yet determining our best course of action. As stated previously there are actually several options already on the table that we could utilize, but if at all possible we would like to be compliant while still achieving our original vision.
To offer an institutional grade investment opportunity to the average person, world wide.
I look forward for your intelligent feedback and questions.
Yes I have made mistakes in the past, just like every other single person here on this forum......I do however not find one shred of evidence here regarding my being a "scammer" and I would hope that we can continue in a civil manner.
We are an extremely transparent company. But you must do some of the legwork in obtaining the information we provide. (IE.....actually attend a webinar.....and ask your questions live.)
Kind Regards,
Broker Jones
O C E A N S I D E President
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