Here’s latest as of 8/6/08

US Attorney Filed Papers whit charges specifically laid out. I’m not a lawyer and I know there are always 3 sides to every story BUT, this doesn’t look good. I read this last night and can say that I personally think this is the end. (That’s just my opinion! I’ve been wrong before.)

Click to READ the filing papers here

Well, news is coming out about this issue ASD seems to be having with the US Attorney’s office in DC.

One of the leading members, Steve Watt has informed me of a some info I would like to pass on to everyone (thanks Steve).

Here’s the scoop:

ASD Legal Matter Update As you may have noticed, the ASD website indicates funds are not being allowed in or out. As we have learned this is due to a complaint and investigation by the U.S. attorney general’s office. At this time, we are unclear as to when the website will be up and what the entire situation is. In our communications with corporate officers they have reassured us that the situation is being taken addressed by their attorney immediately. The ASD attorneys are going directly and immediately to meet with the folks in Washington to tackle this issue head on. No one seems to be hiding or avoiding the issues, as we can all see by this. When a complaint is filed with the attorney general’s office, it must be investigated. Our assumption and opinion is that is may be due to the web site upgrade delays, or due to account funding delays, not due to any financial issues of the company. If you have been watching, both funding issues had been improving as promised, and the web site was almost completely operational today except for new enrollments as of today. We have been assured through 2 top officers, that we should be through this soon once they clear up the concern.

Here is a conference call for you to listen to. There will be others soon and when i get tem i will pass them down to you.

Click Here for 8/1/08 Conference call

Click Here for 8/2/08 Conference call

Click Here for 8/3/08 Conference call

Listen to a Statement From President Andy Bowdoin:

Call 1-850-627-2206 for recorded message

 

 

Wow, that’s the question of the hour. Everything seemed to be going fine up until only a short time ago.

Updates were happening, the site was being upgraded, and everything seemed to be running as according to plan.

It was nice to see the ownership, Andy Bowdoin, and the CEO of Ad Surf Daily Inc, Juan Fernandez, out in front of the changes and being very vocal, supportive and communicating with all their members(over 130,000) or them.

Now the latest new is very discomfortingly. I went to check on the site as I normally do in the morning and then in the evening and tonight I received a message that has me a little concerned, to be honest.

Here is the message:

______________________________________________

Friday, August 1st 2008 afternoon update:

Upon direction from the U.S. Attorney’s Office in the District of Columbia, ASD will not be able to move funds into company accounts, or out of them. We will work to resolve this problem, and return to normal operation, as soon as we are permitted to do so.

ASD Management.

____________________________________________________

Now, this doesn’t mean this company is in trouble, but it does mean, chances are, that we are in for another delay until this gets sorted out.

I have done extensive due diligence and found this company to be rock solid and playing by all the rules they needed to. I examined their legal issues and people on their team and everything checked out with flying colors.

Now, before anyone gets all “freaked out” and starts screaming from the highest mountain that this is horrible and the sky is falling, let’s just hold tight and see what shakes out.

I’m sure it will be all good, it just may take longer than most of us would like!

damian

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