PMFG - Great Changes!!!!

[Fertig]

Looks like some great news here for members and prospective members alike.


PMFG
August 2007



Dear Members,


Well here we are all the way into August 2007. I'd like to say thank you to all of our loyal members that have supported our on-line venture, and to those new members that have recently joined.

As you recall, a questionnaire was sent to all members that have been with us for over at least six months. The results have been thoroughly examined and several points were noted.

1. 97% of the membership were happy with the way payments and correspondence were currently handled by PMFG.

2. 82% suggested that we (PMFG) increase our % return from 5% to 6.5% for all new deposits regardless of amount. (in other words drop the $ 5001.00 and over 6.5% return in favour of a fixed 6.5% return)

3. 47% suggested that we drop our minimum deposit from $ 250.00 to $ 100.00.

4. 3% suggested that we go back to a web based page instead of our " antiquated" email business model.

5. 18% suggested that we consider a referral program to encourage future growth.

6. 28% suggested that we start a PMFG forum where members could chat or exchange other info.

7. 4% suggested that we find several other payment processors to include with our present situation.

8. 74% asked that they be permitted to post unsolicited advertising about the program (NO SAPM)

9. 93% suggested that PMFG allow members access to the other business activities of the company.

10. 94% of Our Members responded!!! Thank You

This is what we have come up with in response to our members. As you all know, we fell short of our projected growth for the third quarter thus far. (300 members less) After careful consideration and thought to all of the suggestions, this is what we shall initiate commencing September 1 2007.

Our Minimum Deposit shall remain at $ 250.00 (We reduced the minimum from $ 500.00 back in December 2005)

We will (starting September 1 2007) increase our rate of return on all deposits to 6.5% period. This will be a trial that shall end January 15 2008. At that time we shall review our progress to date and make a decision if we shall continue or return to our original rates.

We will NOT initiate a REFERRAL INCENTIVES for THIS PROGRAM... I'm sure you all have had our reasons for this many times.

We will Not open a program forum or consider any other payment options at this time. (This could change due to circumstances beyond our control, hence the money order option for payments to members)

We will not return to a web based format at this time. (Not completely a dead issue)

With reference to members discussing information about our program and its content: We are all adults here. We have in the last few month's been forced to terminate a few members, when it was learned that they were spamming. This is one issue where we shall not waver.... I members wish to discuss our program and direct all enquiries to PMFG, then no issues at all. We do encourage our members to post their payment history to whomever they wish.

Thanks from all of us for your much needed input and suggestions. As always, we will answer all questions
directly and honestly and in a timely manner. Please allow us a little more time until the summer ends! The summer months are so short..

regards...


Rick Lautens et al
PMFG001@yahoo.ca