Gpal question

[workinwifdakids]

CalGuns and Gpal announced that Gpal will no longer have a vendors' forum on CalGuns.net - but the leadership on the site still maintains that Gpal is an honorable, reputable business they stand behind.

[FelixEstrella]

CalGuns and Gpal announced that Gpal will no longer have a vendors' forum on CalGuns.net - but the leadership on the site still maintains that Gpal is an honorable, reputable business they stand behind.

They say the same about Entreprise Arms.

[workinwifdakids]

CalGuns and Gpal announced that Gpal will no longer have a vendors' forum on CalGuns.net - but the leadership on the site still maintains that Gpal is an honorable, reputable business they stand behind.

They say the same about Entreprise Arms.

Wait, I missed a smiley from my post:

CalGuns and Gpal announced that Gpal will no longer have a vendors' forum on CalGuns.net - but the leadership on the site still maintains that Gpal is an honorable, reputable business they stand behind.

There.

[Combat Controller]

Heh. The latest and greatest from these idiots. Further, I would like to point out that the 10k bounty they are offering for an investor that puts in $1m is seriously insulting. Goes to show that they are a bad investment. Who would put money into a company with a crap rep like these guys? What are they going to do? Silence the internet? This thread will be out there for all time for anyone who wants to do the due diligence prior to deciding this is a bad idea.

Dear Valued GPal Customer,

As some of our customers have been acutely aware of, GPal has been experiencing difficulties related to Credit Card banks holding of customer funds. These problems exist with funds from transactions prior to March 09, 2011. As a result, GPal suspended credit cards entirely on March 9, 2011, leaving us with only Checking Accounts to fund transactions.

Unfortunately, it appears that these Credit Card holds are not going to be resolved anytime soon, so GPal is taking pro-active action to raise funds to cover the entirety of the hold, fund customer accounts, and provide for future expansion.

Due to the difficulty of raising funds for a payments company in the firearm space, we are enlisting your help in this process. GPal is offering a $10,000 referral fee* to any GPal user who introduces an Investor (VC, Angel, PE firm, etc.) that leads to a deal in excess of $1million. Please send introductions to support@gpal.net with “Investor Introduction” in the Subject.

Please note that GPal is presently fully operational for checking account only transactions. Transactions originated on or after March 09, 2011 should now be processed within our 2-7 business day target.

GPal remains absolutely committed to providing the only pro-rights and non-discriminatory payment service in the world.

Sincerely,

GPal.

*= This email is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities in the Company or any related or associated company. Any such offer or solicitation will be made only by means of the Company's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws.
Referral fee of $10,000 will be paid to the registered GPal user’s GPal account. Must be a GPal account holder in good standing. Investors referred must be an Accredited Investors. Deal size must be in excess of $1million. Subject to SEC and State approval and eligibility restrictions. Fee is for Referral only, and referrer must not act in any capacity as a Broker or other regulated activity without the proper registrations and licenses.

[Aglifter]

Not only is 10k a joke, its payable in imaginary dollars* (The terms specify it must be paid into a Gpal account - how are these SOBs not in prison?)