Ad Surf Daily Fights Scam Claim

The following information is from the CEO of Ad Surf Daily, Andy Bowdoin:

I believe beyond a shadow of a doubt that we'll be back in business, stronger than ever. It'll take all the doubts away from all these people about being a Ponzi, because it'll be proven that we are NOT a ponzi.

The Federal Government is cashing the cashiers checks that we had at the office. This is their plan that they had for creating victims. We never had anyone lose money. Nobody. They couldn't find a victim that lost money. But now the government will have people who can say that they did lose money. But in reality the government took their money. They took those cashiers checks that had been posted and they took those checks and and put them into the treasury.

Now, to show how inefficient they were in doing their search at the office, they overlooked several piles of cashiers checks. There was one that was made out for several hundred thousand dollars. Federal agents were present at the bank, and one of our people turned them in and said "here you overlooked these". They went ahead and made a deposit so that they could seize that money. The next day they found a little over a million dollars in checks that they had missed. And they took them to the secret service office in Talahassee and gave that to them. Monday, back in the office, they found a few more checks at the office totaling about $40 to $50 thousand dollars. They took those to the secret service office in Tallahassee, and they said they didn't want anymore money. They said to send it back to the members. Now, why didn't they send all the cashiers checks back that they took, back to the members? Why didn't they do that, if they were looking out for the people? If they had been concerned about the people, they would have. The government has done a great injustice to these people by taking those cashiers checks and cashing those checks into the U.S. Treasury.

Now, everyone needs to write their congressman, The U.S. Attorney that filed the complaint, and the Florida Attorney General and just let 'em know what has happened, what they did, and what chaos this has caused for so many people. If you haven't done so, call the Florida Attorney General. They're getting flooded with phone calls. One of our members called me today and said he had called them yesterday and they said that they were getting a lot of calls and that most of the calls were for Ad Surf Daily. Now mixed in with some of these calls I'm sure they'll get some negative people who are not even members and they'll be calling. So we need to flood the phone calls and let these people know just exactly what has happened, with you, and AdSurfDaily, and how successful it's been for you, and how it has created success.

Now it looks to me like as long as the business hoards the money that it makes, then the government is okay with it. In other words, they keep all their money. But when you share the wealth with middle-class people, the government doesn't seem to like that, and they start looking for ways to stop it.

Now our attorneys don't want us to send out e-mails to keep everyone posted. So I can't afford to upset the attorneys and get them upset so you know I got to adhere to what they say. Folks I want to let you know exactly minute-by-minute about everything of what's going on. But it would jeapordize the case and I'm sure the federal government is taping this call, so we can't let the strategy out that the attorneys have, so we just can't discuss that. But I'll continue having these conference calls. And they say that when they file their paperwork then I can tell, tell it all. So we're looking forward to that. They want to make sure that they have both barrels loaded when they file their papers. That filing must make an impact concerning the case.

On cash balance. In other words in your cash balance account, totaling all the cash balances that were on the websites, August the 1st, that total was $29.1 million dollars. In other words if every member wanted their total cash balance, we would have paid them $29.1 million dollars. There was $53 million dollars in the bank. So, in other words, there was $23.9 million dollars in surplus money. The company doesn't owe a penny. And I don't think you'll find many companies with that financial strength in these times that we're living in today, these bad economical times. If everyone went into their bank and requested their money, whether it's in a checking account, savings account, bank deposits, they would not be able to give everybody their money back. They got all that money loaned out and working in different areas. They would not be able to return that money. It would make havoc of the banking system in the United States. Folks we had the money to pay every penny if everybody wanted their money. Now that's what we are talking about being financially sound.

Years ago, franchising was illegal. The people just kept fighting the federal government because they knew it was an excellent way to expand their business. They finally legalized it after tremendous fights. Now it's one of the most effective ways to expand a business.

Folks we're gonna fight this and we're gonna win it. We're gonna be back in business stronger than ever. We'll prove that we are NOT a ponzi. The government doesn't understand how we pay out in our business model. They just automatically put us in the same category as 12dailypro and the Phoenix surfing company. Now they paid a definite percentage every day, for a certain amount of days. That puts 'em into a Ponzi. But we don't do that. We pay 50% of our profits, and we have that rebate capped at 125%. We may pay that in 30 days, 90 days, or maybe 6 months or a year. But we pay 50% of the sales, or, sorry not profits, but sales. And, with this business model folks, we can continue to operate, and we don't have to have new members coming in to make this model work.

So if we just didn't take any new members in right now, and just worked with existing members, we'd still be able to pay the rebate. It may take a little bit longer, but we could still pay 125%. So, we can knock down their various arguments that they have.

And, we'll have another conference call Thursday night at 9:30 PM eastern standard time on this same phone line and web room. And I'll look forward to talking to you again Thursday night.