Hello,
Please read the last posts at NN forum for the latest update. The link is:
http://nobsnetwork.net/specific-hyip-discussion/404-life-holdings-42.html
Thank you, Dan - Life Holdings Management
Written by Dan on February 3rd, 2008 with no comments.
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Hello,
This update delay was not a prolonged sleep, my internet was down again for over a day.
I experienced the most volatile month of the year last month. The main strategy I am using took a bit hit early in the month when my internet connection went down several times a day for over a week. Days with 15 - 20 hours of work went down the drain. Losses amounted to 12% at one point. Time wes wasted to follow up with my ISP for an explanation of the intermittency and to seek compensations while continue to work on the Betfair trades. Till now it’s a negative 0.4% after putting alot of effort in but we should be able to negate the losses by today at this time of announcement.
Due to my recent activities, lack of update and of any apparent progress, I’m sure some of you is lacking interest of any updates and would want a full withdrawal of your balance in LH, whilst some of you just want updates of what’s going on and still having trust in me on the current situation and future expansion of Life Holdings.
December will be a quiet month at Betfair. Exchange volumes are already slowly decreasing and will be second to none very soon as the holidays get closer. That makes it nearly impossible to trade with large amounts and the risks are higher so I will stop trading the moment volumes decrease below my tolerated limits. Instead I will focus on completing as many large payments as possible.
Regards,
Dan
Written by Dan on December 6th, 2007 with 1 comment.
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A couple of good online friends are asking me about the status of Life Holdings and where’s Dan, why’s he not responding as such.
Do note, this isn’t a post to defend him, but what I know of till now
He’s been betfairing almost every night that I speak to him, the last spoken was 2 days ago via IM, and just a few hours ago via an SMS which he says he’ll be online later. I know and I’ve adviced him to already post updates, and he did agree.
But I can picture what happens since these updates never come.
Usually during Betfair sessions, Dan and I rarely talks, as he wants to concentrate on his trading. After finishing, he’s probably too tired to update and heads to bed. I haven’t have the update myself of November’s results too.
I know I’ve been closest to Dan, and everyone is anxious about our money. There’s really nothing much we can do now except to wait for the withdrawal backlogs to clear. If this worries you, I’d probably should add on that there are a few big investors waiting to withdraw some of their principle as well and Dan is on them, not running away.
Point is he can’t run away, and I believe he wants things to work towards growing the effort that he placed with Life Holdings. There are a few exciting plans that he wants to run (trust me, those are the things that Dan is good with, I’m not sure even why is he doing Betfair instead of doing all these things), but all these can only come after settling the withdrawal problems.
To everyone who’s asking, Dan is still around, still picking up calls, answering smses. I’ll get him to address everyone here.
And hey, I’m around, but don’t keep asking me about LH stuff okay? You got to hear from the Lion’s mouth. It’s more accurate that way.
Written by Dan on December 3rd, 2007 with 2 comments.
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Hello,
After two weeks of waiting from the Verification team, Jude and I finally had our accounts unblocked this week! Even with our accounts back to normal, we cannot resume my initial plan for payments due to the Terms and conditions set by ‘X’.
That’s where the second piece of good news comes in. Starting this week I have enough ‘freedom’ from my bank to receive wires from ‘X’ again. I do not have enough credit limit to fix everyone’s account so they’ll go by priorities from the biggest withdrawal down.
September was a negative month, and recovering the small loss took one week into October. Having the accounts blocked for two weeks there wasn’t much time to make any profit this month.
I know that there are alot of people waiting to withdraw since I’ve been working in the dark for quite sometime without communicating. We’ve tried to improve things by introducing new blog to update, but I realize I’m too busy with my schedules and work to give a decent update. Jude can verify that.
From now, I’ll try to update as much, if not, I’ll be corresponding with Jude to give you all the updates whilst I work.
With all the mishaps and unfortunate events that are happening to LH, things are looking and getting better, with the backlogs on withdrawals which is going to be taken care of slowly and my personal life getting straighten, we’ll see how the new month fairs.
Regards,
Dan
Life Holdings Management
Written by Dan on November 2nd, 2007 with 2 comments.
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Withdrawal plans are screwed again. All thanks to the stinking Terms of Service on … nevermind.
I’d explain everything here but it would further complicate things. Should you want to know what’s going on, you can visit NN’s Life Holdings thread and PM me from there to know the exact situation of the further stalling.
The only thing we can do now is to establish a new bank account elsewhere and start the withdrawals all over once the accounts are reinstated.
Written by Jude on October 17th, 2007 with 21 comments.
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I’ve volunteered to help out Dan on the withdrawals issue and would like to update everyone that we just started working on the solution now. It should pick up now as I get familiar with the process.
The digital bullion will be bought from my end and Dan will be paying you guys since he holds the list of backlogs on withdrawals. I’m just expediating the process by volunteering my time as I do not know how much backlog is behind on withdrawals.
As far as I know, the big withdrawals will be dealt with first follow by the small ones. For those who has submitted for a refund, LH will most probably closed for new deposits. We are looking into partnership on Forex Managed Accounts soon, so existing members can expect something exciting from us.
Dan is currently pretty busy with the Betfair sessions and will be updating everyone from this blog from time to time whilst I work on my new publication. Stay tune.
Written by Jude on October 13th, 2007 with no comments.
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Hello,
September performance is now confirmed at 0% return.
I was unavailable for the last couple of days for a stupid reason. When that is fixed (tomorrow morning), I will e-mail September update now that the performance is confirmed, then I will post my FOREX views for the coming week on Life Holdings and Nobsforex blog.
Regards,
Dan
Written by Dan on October 7th, 2007 with 1 comment.
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Hello,
Here is what’s been happening behind scenes this month.
The best outcome for this month is at breakeven and even that needs a few more days of work to be accomplished. I had a really bad week at Betfair this month. After a good start I ended up losing 8 daily Betfair ‘allowances’ (1 allowance is around 1%) within a matter of days during the second week of September. Our Betfair account has limits set on it, so I cannot lose or transfer more then x amount in one week. This is good for safety and money management reasons. I just never thought it would harm my work because I never reached it before. After I hit my losing limit for the week, Betfair kicked in and baned me for a full week, which is exactly what happened. The ban was lifted a few days ago, of course I am back at work.
Performance for September: 0% and we have to wait a few more days until I officially confirm we’re at 0%.
Status of payments
Withdrawal requests and profit payments for the month of August have not been completed. My plan to process payments has been delayed because of my losing week and 1 week ban. Payments will begin very soon - I will update weekly with our status, we are very close now. After the first large payments are settled, smaller payments will be dealt with very fast.
Regards,
Dan
Written by Dan on September 30th, 2007 with 5 comments.
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Hello!
At last, here it is, the official launch of Life Holdings’ blog. All the major updates along with smaller bits and pieces of news from behind the scenes here at Life Holdings. All of these will be posted on our own blog.
And even more, I will post my personal views on the FOREX market every now and then.
Regards.
Dan
Written by Dan on September 19th, 2007 with 8 comments.
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