Hi Wosat Friends All are aware of the problems with Stormpay and I want to assure everyone that the Finance committe will meet again as soon as Kay Reeves computer is back up and running Although all of us on the Fiance committe has done research on this matter, it is Kay that has talked with the bank personel We ask that you bear with us in this matter as we will find the best solution for all to get paid At the moment, it appears that we have no money involved in Wosat, so we DO NOT need to get upset We ask that you bear with us while we investigate further into the matter of all Wosat members being paid and this will be done as quickly as possible Thank you

The finance committee is only looking in to possible payment methods. They post which ones look the best at the time. So they can get everyone's opinion. Then go and do more research to find out about any objections that might have come up. It is a long process and will take awhile before they make a decision. First they have to find a secure place to hold the money. Their main concern right now is what Secure Bank to use to hold any money being made for WOSAT. They would have to be FDIC insured. Which would replace any money lost from the banks failure. The holding Company (Bank) they choose may also be temporary and can be moved in favor of a better payment option or interest Rate. While they are researching a payment method which will be much later in the process. Regards, Mark Kross

I would like to add, Storm pay was never considered as a place to hold your money. It was only going to be used as a method to transfer money. The payment method they choose will only transfer money to you. It will not be used to hold your money. It would not be considered a bank account. Therefor, there would not be an account to freeze. Regards, Mark Kross

Hi Mark. I noticed it mentioned before about HSBC Bank. This one is in Canada as well.Would this one be an option?? Also, is there a chance of PAY PAL as a payment method? They seem to be pretty solid. From Diana

Hello Wosat friends, Please remember that Kay is away and off the computer, and I am sure looking much closer at Storm Pay and the problems, as are members of the finance commitee Three/Four of my well respected friends on the internet and experienced networkers and web experts have recommended a site called http://www.alertpay.com/?29272 It is worth a look, I have joined and so have many hundrends, if not more have joined in the last week or so, and maybe this could be an option for WOSAT, and maybe Mark for you to give your opinion on this site. It is very hard to find a payment resource that works in all countries, but please do take a look, it could be a good choice for us hear at Wosat and maybe for you personally. regards Sean PS I have never had problems with Pay Pal or Moneybookers.