CHARLES SCOVILLE AS ON 03-08-2016
An update of what's going on. My attorney has contacted the SEC to setup a meeting. The earliest the SEC could meet is next week. I also want to tell you that throughout settlement discussions until resolution, nothing is going to be published by me about what's happening through those talks. The goal of the resolution for me is to protect me, my relationship with my wife, son, and family, to protect the business as a whole, to protect the customers, and protect each member individually.
I know this is important for you. It's important for me. I want to get through this as quickly as possible, but I also recognize there is a process to this. We'll get through it.
To answer some questions:
- It is of NO assistance to send anything to the judge. That's not the way the process works.
- No one knows how long it will take until resolution is reached, but the goal is as quickly as possible. Realistically, I believe we could be looking at 180 days from now due to chargebacks and disputes-- unless the SEC can be proven wrong that Traffic Monsoon isn't offering an investment, and adpack buyers are customers, not investors. If we can do that, then I believe resolution should be able to be reached much faster, and the available funds would be released and made available to pay you what you have earned.
- No one knows what the resolution will be, but whatever it is-- it'll be favorable to you one way or another.
- Yes, you can help. Send Sunil advertising statistics on Traffic Monsoon to help display that the services sold on Traffic Monsoon are real. His email is: trafficmonsoonsunil@gmail.com
- Participation with his affidavit could also help illustrate that people who purchased adpacks knew they are customers and not investors - especially since it was clearly published on the purchase page that this service purchase is not an investment.
- It is of NO assistance to send anything to the judge. That's not the way the process works.
- No one knows how long it will take until resolution is reached, but the goal is as quickly as possible. Realistically, I believe we could be looking at 180 days from now due to chargebacks and disputes-- unless the SEC can be proven wrong that Traffic Monsoon isn't offering an investment, and adpack buyers are customers, not investors. If we can do that, then I believe resolution should be able to be reached much faster, and the available funds would be released and made available to pay you what you have earned.
- No one knows what the resolution will be, but whatever it is-- it'll be favorable to you one way or another.
- Yes, you can help. Send Sunil advertising statistics on Traffic Monsoon to help display that the services sold on Traffic Monsoon are real. His email is: trafficmonsoonsunil@gmail.com
- Participation with his affidavit could also help illustrate that people who purchased adpacks knew they are customers and not investors - especially since it was clearly published on the purchase page that this service purchase is not an investment.
Thank you for all who are keeping it real! Traffic Monsoon is not offering an investment. Traffic Monsoon is not offering any financial products. Traffic Monsoon is offering advertising services. Traffic Monsoon is offering to deliver these services through multiple different traffic exchanges and paid-to-click sites. My videos and my website do not tell people to invest and receive returns. I recognize not everyone can understand everything, but I have done my best to make sure the offer as it is presented is for advertising services, and ad services only... but also tell these people that I want active members in the traffic exchange, so if the adpack buyers choose to actively click a minimum number of ads in the traffic exchange, I'll reward them for their activity from the profit margins of the services sold on the website. I never promise to pay their money back- in fact in the terms of service there's a no-refund policy.
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