would come forward under this program, and why should they? If the aim of I-Hub's IRP program was to render them transparent, and show how many are actually participating, then incentive is a must.
Offer all the IRP's a substantial discount on a subscription, and I dare say many more would come forward. Naturally this would be counter intuitive to the site's owners monetarily speaking, at least in the short turn.
The role of paid the promoter, or shill (other than the responsible IRP's who've declared their status) is to blend in and appear to be 'Joe the Investor' to beguile, flock and fleece. They're here to make themselves money, so what other than a monetary reward would cause them to declare? Punishment? Not likely.
Here the head ADMIN tells a non-paying but fully declaring/disclosing IRP that it's not necessary to pay the IRP fee, if he's not so inclined. It's an eye opening discourse on several levels.
Posted by: IH Admin [Matt] Date: Thursday, October 30, 2008 7:09:07 PM In reply to: Stevenvegas who wrote msg# 31897 Post # of 31949 I think you misread me or I wrote poorly.
Let me try again.
We've enabled everybody to properly disclose.
If you don't need to, in your opinion, that's fine. I can't force you to disclose if you believe you're within the law - it sounds like you probably are, so good for you.
The SEC comment was simply referring to the fact that if you ARE breaking the law (I have no idea), the SEC can sort you out, not me.
Does that make sense?
I am AMAZED! The IRP program has a toatal to date of 20 registered IRP's. Go figure