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Old 02-05-2006, 11:51 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by clickclickclick
sorry to hear.. but if its too good to be...
Before investing I did a bit of research and decided that the biggest risk factors were,

- lack of new members. Alexa shows there's still plenty of hype
- government investigation resulting in suspension and/or closure of operations

I hadn't considered a payment processor telling them that their business model was unacceptable, or generally dicking them around.

I think it's more of a concern that Stormpay doesn't seem to have sufficient funds to perform a large withdrawal... they're "not a bank" so they'll do what they like with your money until you ask for it.
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