We are writing to inform you that we are discontinuing our California intrastate offering at this time.
YEAH! I can get my money out now, even at $1.81 per day.
We have been overwhelmed by the outcry from potential investors around the country who want to participate in peer-to-peer lending.
How about the crying from the original
lenders investors?
Therefore, after much consideration we have decided to voluntarily shut down our operation in order to complete our SEC approval for a nationwide peer-to-peer lending platform.
So, it was
your choice to shut down?
Your current lender agreements will be unaffected; your existing loans will continue to be serviced; you'll be able to track and monitor your loans; and you'll be able to withdraw funds from your Prosper account.
Great! Because I was
not going to sign the new lender agreements.
As a result of this decision, we will not be accepting new lender or borrower registrations or loans, or new commitments from existing lenders effective immediately.
Don't you mean
effective like 6 months ago?
Until this process is complete, we are required to be in a quiet period and will be unable to respond to press, blogger or other inquiries related to our SEC registration process, even though we would like to.
Didn't you say up above it was a
VOLUNTARY quiet period?
We want to assure you that Prosper is looking forward to being able to offer a transparent, durable and participatory lending institution very soon.
Get it right this time., especially the
transparent part. Because I want the servers to stay up until I get my last $1 out.
We sincerely apologize for this inconvenience or disappointment our decision may have caused.
I've been waiting for an apology. How about answering my other customer service questions I'm still waiting on?
We want to thank you for your continued support and patience. We look forward to serving the needs of the community in the hopefully not too distant future.
Regards,
Prosper Marketplace, Inc
Regards, indeed.