Another forum in the works on bailout for beted clients

Hey Lou or Freedom,

What the fuck guys?  You have a good majority of your readers who have money tied up in Beted.  And you get everyone excited about a bailout and now have ZERO new information. 

How much more unreliable can you people get?  How would anyone trust or advertise with you after this dispicable and unprofessional way of handling this situation.

You should be be providing your readers and YOUR customers with updates every 6 hours as far as i'm concerned.

If you can't do anything to help then you shouldn't have said a fucking work to begin with.

Hey guys, been watching this mess unfold for the past few weeks and I can honestly say the updates on covers are not even "up to date" as they are usually a few hours or up to a day behind the guys across the street. 

Not exactly sure what kind of "source" or "contact" Lou has if he has been OUT OF CONTACT with him for a day.  Also, I think its pretty safe to say that negotiations probably ended a few days ago and another update will be posted by Lou that says absolutely nothing. 

Actually according to every other forum, it is covers who is to blame for a deal not getting done thus far.  Supposedly there have been a couple of A books (betonline included) that had good deals in place that never got finished. 

I understand that each forum usually blames each other for just about everything but in this case its not like sbr is blaming therx and therx is blaming covers, and calvinayre.com blaming sbr, etc, etc,etc.  Each forum is solely blaming covers which really makes me wonder if covers did f-k this thing up for all of us.  It so far past ridiculous right now

Im quite familiar with the situation but I think blaming this entirely on covers would be foolish.  I dont really think thats what you were implying but I understand what you mean. 

I think the biggest point to make is that Covers has been implying that they are helping the situation while its has not exactly become apparent what they have done.  If you read the Beted updates thread by Lou all 4 updates contain pretty much zero info. 

I believe this is all going to come down to Beted demanding money up front and manipulating the books to make the debt liability appear as less than what it really is.  Write this down, there will be no bailout and Covers will claim that they are working on a new deal, most likely later on today or later this weekend. 

Ok, its now 3:57 PM CST and guess what NO NEWS!!!!!!!

Covers and former BetED users are Fucked...........

Im going to SBR, Fuck these guys.

Im not saying we should or could take any action.  Unfortunately, all of us are at the mercy of the parties involved in the negotiating and whoever is in charge at Beted.  It would be impossible to take any action without having any access to the database or any of our account info.  

All im saying is that it is quite obvious that negotiations might have been in place but have been over for a while.  Im just waiting for the next update to state the obvious, that the current bailout has failed, covers will be working on a new one in the upcoming days.