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August 1, 2006

comment Investor Warning : 12by12Daily.net

Filed under: Financial News — C4G @ 8:26 pm

Despite it’s fast entry into the arena, , launched by admin Dave Cannard of fame has proven to be troublesome at best. Server issues, script problems, lack of support from the admin has created an unsavory atmoshphere for members. The fact that members have to keep an active upgrade running to request a cashout has soured many investors on this program.

Our personal experience has been less than pleasing. The account has not been updated, we have been waiting for cashout well beyond the TOS, and our second upgrade is due to expire in a few days, leaving u wondering if the admin actually thinks we will sink more money into this dying beast.

The outlook here is bleak at best, with droves of early members abandoning the program, the funds will surely dry up quicker than anybody expected. Add to the facts, that Dave Cannard is paying members of his old surf DadnDaves using funds from 12by12Daily through confiscating referral commissions from members who signup without a referral.

Due to all the apparent issues, we have chosen to move this program to the scam section on the Code4Gold monitor as well as on our forums, and we are issuing a warning to all thinking of joinng this program.



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