GBC NEW PROFIT SHARE RULE

GBC is implementing new rules on members

withdrawing funds.

I don't have a problem here

since I always repurchase increasing

my PIF Pool Fund each week.

Good move to ward off Hit and Runners.

Trial Addition to the Profit Share

This new rule doesn't concern 90% of 

GBC members who repurchase before or

after being paid as a routine, week in and week out.

Withdraws over $28 will require a minimum

$10 PIF Pool Purchase within a given week or

the following week's rebate could be calculated

at 1% per day for 7 Days.

Withdraws over $40 will require a purchase of

a minimum of $15 PIF Pool Fund.

Withdraws over $50 will require a minimum

$20 Moose Boost or 2 $10 PIF Pool Funds.

Withdraws over $100 will require a minimum

50% repurchase.

These new rules apply to withdrawals of

$29 and higher.  A member's earning rate per

day could be reduced to 1% per  day for 7 days

for the following week's rebate calculations

if not adhered to.

1)  A member has the full week to make a 

repurchase(s)...before or after being paid from GBC.

2)  If a member doesn't comply and receives

1% per day  for 7 Days rebate payment for a 

given week and then repurchases...then rate

will revert to 2% per day for 7 days on the

next "rebate" run.

 3)  If a member doesn't repurchase at all and

remains on the 1% per day rate...

achieving 150% expiry will take longer at

1% per day.

4)  If a member remains on the 1% per day rate,

eventually, his or her, weekly rebates will fall

below $29 and the weekly rate will revert back

back to 2% per day.

5)  A reminder this new trial rule doesn't apply

to members earning $28 or less per week and 

loyal Club members who repurchase weekly

regardless.

This new trial "Pay It Forward" Club rule makes

for a more even disbursement of funds for

members on the low and high scale with regards

to the number of $20 Moose Boost and PIF Pool

Funds held each week.