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GPal, Inc. to me
show details 2:05 AM (8 hours ago)  



Dear Valued GPal Customer,

As some of our customers have been acutely aware of, GPal has been experiencing difficulties related to Credit Card banks holding of customer funds. These problems exist with funds from transactions prior to March 09, 2011. As a result, GPal suspended credit cards entirely on March 9, 2011, leaving us with only Checking Accounts to fund transactions.

Unfortunately, it appears that these Credit Card holds are not going to be resolved anytime soon, so GPal is taking pro-active action to raise funds to cover the entirety of the hold, fund customer accounts, and provide for future expansion.

Due to the difficulty of raising funds for a payments company in the firearm space, we are enlisting your help in this process. GPal is offering a $10,000 referral fee* to any GPal user who introduces an Investor (VC, Angel, PE firm, etc.) that leads to a deal in excess of $1million. Please send introductions to This email address is being protected from spambots. You need JavaScript enabled to view it. with “Investor Introduction” in the Subject.

Please note that GPal is presently fully operational for checking account only transactions. Transactions originated on or after March 09, 2011 should now be processed within our 2-7 business day target.

GPal remains absolutely committed to providing the only pro-rights and non-discriminatory payment service in the world.

Sincerely,

GPal.

*= This email is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities in the Company or any related or associated company. Any such offer or solicitation will be made only by means of the Company's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws.
Referral fee of $10,000 will be paid to the registered GPal user’s GPal account. Must be a GPal account holder in good standing. Investors referred must be an Accredited Investors. Deal size must be in excess of $1million. Subject to SEC and State approval and eligibility restrictions. Fee is for Referral only, and referrer must not act in any capacity as a Broker or other regulated activity without the proper registrations and licenses.
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Wait, so after you promised to handle firearm and other transactions Paypal wouldn't, you screwed up and ran into problems. You never got properly licensed in 49 other states to do money transfers.  You had trouble making payouts to customers, tried to blame this on our banks, and now on "Credit Card banks," not doing transfers in a timely fashion (All of them?!?).  There are customers reporting they're out hundreds or thousands of dollars.  Credit card processors won't deal with you.  Customers are fleeing left and right.  There are photos of the CEO on calguns.net in fancy cars and planes (someone joked about him being a valet).  Now you want ME to help find operating capital for you?

How about I introduce you to some Nigerians?

PS:  If I could arrange for a mil in capital, why would I want to give it you for a 1%, one time stake, when I could invest in my own development?

You get points for determination, though.  You're determined to make this work no matter how much of other people's money you need, it seems.