This update is nearly 100% dedicated to the recent "lawsuit" filed
against me and seven others.
I think more proof I am still not hiding from you or anyone.
After this update I will no longer read or reply as I always have to any
emails attacking me in any way or making any demands. I will of course
be grateful for emails of support and understanding which are always in
the majority, and I thank you.
We all must let this whole thing play out.
I desperately want it to come to a successful conclusion for all of us.
I think this quote from Mark Twain is particularly timely. He said,
"If you read the news you are informed.
If you read the news you are misinformed."
This news of the SEC lawsuit and how it was recorded as 'charges' is a perfect example of misinformation.
No where does the news say it is a lawsuit. Obviously sensationalism sells readership.
Of course neither does the news say there are any criminal charges as on par the news always reports for readership not truth.
intelligent person reading the lawsuit as posted by the SEC would
easily be able to determine it is a lawsuit. Every lawsuit always in
the last paragraph tells the court what the plaintiff is seeking in
damages. The last paragraph of this lawsuit should make it absolutely
clear what it is.
I still believe this. I have never wavered. It's my own quote from way back when...
as a group of like minded and generous people, coming together for a
common goal, can and will change the world forever in ways we cannot
even imagine today. -- Mike G.
Let me begin by sharing with you an audio file sent by Jay.
If you seek the truth you need to hear this.
you, like some others, prefer to be swayed by just 'one side' so be
it. It is not my goal to persuade you otherwise. You are who you are,
I am who I am. That said, for all others please please hear this
Here's an email I received from an obviously educated and intelligent man, Dr. Y.
I received your Trilogy update and already figured out all those things you mentioned, and I am already rolling my friend!
so funny. I was going to use your words exactly in writing to you
today. This is working like “clockwork” as I received my first payment
I just had to reach out and thank you as this is
exactly what I’ve been looking for and I’ve worked the numbers and it’s
mind-blowing! Plus, no more recruiting people (only if I choose to do
so), memberships, meetings, Facebook groups, etc. Simple, simple,
set-up and no learning curve (at least for me). I just want to make
money in the background and build wealth…seamlessly. I don’t want to
build a business. Just my money making me money.
DC-BTC is all
that and more. No humans involved. Just blockchain, decentralization,
and automation. Building a cash and Bitcoin fortune.
line is that I’m just not a salesperson. I grew up in the optical
business and becoming an Optometrist was perfect for me because I never
had to chase anyone…they came to me. And I already built one practice,
I don’t feel like building another “list” or membership at this phase
of my life.
No sir. This is perfect for me, and I don’t even
know what to say but, a heart-felt thank you. And I can’t even imagine
what further massive wealth will be created on top of it as this
Trilogy program continues to roll into phase #2 and #3.
can tell you this. I now have a peaceful feeling inside of me that I
don’t have to “search” any longer for the right opportunity that fits
my lifestyle or financial needs. In fact, I plan to now have so much
more time on my hands that I am deciding on some new hobbies and
directions to fill my time from the void that will be left from nothing
to do online!
Anyway, I’m sorry to dwell on but I just had to
tell you how happy this first phase (temporary or not) has made me and
the security I have inside knowing that this will provide more than
enough wealth for me and as a legacy to my family.
Stay well Mike and I hope 2023 brings you and your family health, peace, joy, and prosperity.
With deepest appreciation,
an exchange between Dr. Y and I, he sent me another email which, and
maybe I'm just getting sentimental in my years, caused me to well up. I
hope you read this one from Dr. Y also:
(Dr. Y's opinion of the SEC are not necessarily those of your author.)
loan partner sent me the article with all the names you mentioned and
the lawsuit. I can't even imagine the stress this is causing you and
your family. I just can't even fathom. And I know it's got to be
affecting not just your emotional/mental health, but your physical
health as well.
I am very sorry and feel for you my friend. I
think about you often and this burden you are under. It's got to be
hard to be closed lipped about all of this when you just want to scream
and proclaim your innocence from some rooftop!
But knowing how
corrupt Gary Gensler and the SEC are (especially receiving millions
from SBF/FTX) I don't doubt there are many innocents who have been
trampled by them and destroyed in the process. And the corruption goes
much deeper than that. But we're just the little guys, and the elites
have their own set of rules. Shameful. I pray every day for
Be that as it may, I am so sorry for the pressure
you are under. In general, there is so much misinformation out there,
personally I don't know what to believe anymore and the older I get,
seemingly the less I know. There is no truth out there in the media
anymore. It's like Mark Twain's quote, "If you don't listen to the
news, you're uninformed. If you listen to the news, you're
I am still hopeful that things will shake out for
the best for all of us and you regarding the Deal and you can realize
your dream of a massive legacy bearing your good name and not what has
been besmirched of late from all that's swirling out there. But I'm
not one to look back anyway.
I made the choice and whether it
works out or not, so be it. In the meantime, everyone just needs to
keep moving forward and let things play out. I am ever so grateful to
you, and admire you for continuing to move forward seeking out
opportunities for all of us in spite of all the challenges you face on
a daily basis pounding away at you. I don't believe anyone who is
scamming others would continually put themselves out there, not
hiding. And continuing to show good faith by bringing opportunities to
us that we would never have known if not for your connectedness.
take a deep breath. Watch a little football today and enjoy your
family. God willing this will blow over soon and the vision and dreams
you had will move forward and continue to bloom and you can have peace
in your life again.
Very few will ever know the challenges
leaders face for the risk they take putting it all on the line.
They'll never know what it takes and what one will face until they pick
up those dice and give 'em a roll! But that's what life is all
about...risk. Just being born is a risk! But as long as those risks
are calculated and mitigated, and stemming from a good, altruistic
heart, one has to take those risks in life to get ahead, succeed, and
leave a meaningful impact on others.
The sad part is that people
are just so envious, jealous, and lack such self-confidence and
education, that all they can do is wallow in their own misery and take
others down with them. And while I know it's easy to say and hard to
do, you just have to let that roll off your back like water on a duck.
I'm NOT talking about the legalities of what's in your life at the
moment, I'm talking about the masses in our group who are of the type I
I hope that you can find some solace and peace
amongst all of this. I know it's hard when there's a constant barrage
of attacks against you and your reputation. But know many of us still
have your back and believe in you and share your same dreams. Keep
putting that up front in your mind daily and it will help beat back all
the negativity you're battling in your life at the moment.
the faith and keep believing in yourself and your cause. We will get
there even amongst the riff-raff and obstacles along the way.
Stay well my friend.
And here is an email from Brian I think you will find revealing...
I have been following the back-and-forth between Ken R. and yourself with commentary by some others. I feel so bad for you now. I just hope and pray that you are taking care of yourself. This has to be literally killing you .
must say that when I first read Ken's email message to you yesterday
morning, my heart dropped and I felt hurt and misled and so
disappointed in not you necessarily but in the industry of the internet
I felt once again I had been lied to and once again I
and many others that had so much to dream for had lost. I felt the one
person that I finally believed would be the person that would change
all I had experienced on the net. Loss after loss would finally come to
an end because I had found an honest internet marketer. Then crash just
like that yesterday it happened again.
I read your response to Ken, and I stepped back from the ledge and said
to myself you know what this guy Mike G deserves a break. This is the
same guy that spoke to me on the phone asked me for my confidence and I
gladly gave it. This is the guy that said Brian follow me. The Mike G
Elite group. That works so well for the first time I am succeeding to
make money online.
This is the guy that has those Tuesday calls
and is right up front on how to improve ourselves. I just have a sense
that you Mike are actually still the guy I thought you were.
mood has completely changed from yesterday morning. I believe more
strongly than ever that somehow someway this deal will conclude in some
way and you will be fully vindicated. I don't know if Neil will be
involved at the end or if it will still look exactly the same but it is
going to be worked out some how because it has to be, that is why and
because you Mike deserve more credit .
I pray for you and all of those that depend on you .
Thank You and God Bless
Just one more short email from Val who practices "seek first to understand."
just sent me the below attachment and I just want you to know that I
REFUSE to believe it now or EVER. Surely anyone who wants to try hard
enough can achieve trumped up and completely false charges, right? I
have never questioned your integrity once and I certainly don’t intend
You have been a blessing to me, despite my
inability to follow through due to my unpredictable health issues and
lack of understanding. I’m so very grateful to you for providing other
opportunities to help us financially as we wait patiently for legal
issues to be cleared up.
I pray for strength and an over-abundance of faith on your behalf as you go through yet more unnecessary obstacles.
God bless you and your family always,
I hope to clarify something as it is most frustrating for me and perhaps for you as well. I have a dilemma and it is this...
I have been told not to make any comments of any kind about the MikeGDeal.
see, even expressing an opinion about it is in fact making a statement.
Further anything I say regardless of what I say, is likely to be used
by one party or the other at the Chandran trial.
In every trial
there is a plaintiff and a defendant. and I being a person who has
knowledge beyond the scope of most am simply not allowed to express any
of this... Just yet. As any expressions may be used by one side or the
other to their benefit and harmful to the other side.
I want you
to know my belief in this program and sharing it with you has cost me
more than any man should have to pay. Even many professional
relationships based on mutual respect and trust are now gone.
have been asked by many and frequently to 'fess up' and tell the world
of my wrongdoings. So let me ask you this question:
If you believed what I told you, why would anyone have such a hard time accepting that I believed what I was told?
am saddened over these personal relationship losses. These gifted and
intelligent people have in my opinion failed to practice just one of
Dr. Steven's Covey's "Seven Habits of Highly Effective People."
of course is, "Seek first to understand." Something I have been doing
religiously since 1989 after having read Dr. Covey's book.
habit has prevented me from making terrible assumptions about others
and losing which would otherwise have cost me dearly with so many
Lastly, I want to thank God I was born
in the U.S. a country where we have a judicial system to sort things
out. And a constitution that limits the powers of government.
Many people think the constitution exists for the purpose of granting citizens 'rights.' It does NOT!
U.S. Constitution was written by our Founder Fathers to limit the
powers of government, including preventing the government from simply
determining a guilt and assessing penalties without an avenue for
As unbelievable as it is, there are still places on this globe where government is allowed to run rampant and do as they choose.
I wanted to save this email I received from Deb as I have a special comment at the end of it.
|Ah Mike…. I have four words for us ‘God give us strength’….|
found the information and it’s a ‘complaints litigation’. Very
different from the rubbish about you being arrested. As usual people
are talking rubbish. I’d like to use stronger words to describe these
The quicker this is all over the better for
everyone. I know you cannot say much - you just cannot trust anyone.
I’m just wondering if you think it’s been a long enough time for the
judge to start thinking about a trial hearing at the next update
This just needs to end, for your reputation, for the
people who are backing you and trying to hold on and for Neil (guilty
or not guilty he needs an ending to). It’s been too long.
Stay strong Mike
Here's my comment: And you will see more testimony regarding this after we continue.
The SEC lawsuit claims (it does not name me as the alleged culprit), money was used for cars, real estate, and a boat.
your edification please realize I had been informed those cars were all
(the indictment clarifies this) Teslas, all electric vehicles. The
seller was building a company to be included in the bundle being sold -
remember I was told this - This company was planning to compete with a
slightly different business model with Uber and Lyft. But... appealing
to the 'green' market.
The real estate I was told was
acquired by our seller to somehow provide tangible assets for the
issuance of planned NFTs. I have no knowledge of the boat other than
what the indictment says, an 18 footer. Something you would trailer
around for a weekend at the lake. And to my knowledge it was also
purchased used as a personal possession of the seller. On this topic
I am not 100% certain.
The big question
have something special to share with you in a moment but first this is
the big question no one, including the government, seems to ask,
Mike G intended to cheat people out of their money why would he also
put his own money - over $100,000 - in this deal, over a time span of
six months and two weeks, before ever inviting anyone to join the
program? Why would Mike G send the money to someone else instead of
keeping it all?"
Indeed just asking that question obliterates any logic of this statement, "Mr. Glaspie is frauding people."
answer to this question will finally provide a new and much needed
perspective avoiding the bias of the "he must be guilty" (a bias so
many begin with).
By the way, if I did direct funds for personal
use would someone please remind where I put the money, I can't seem to
find it. :-)
I'm sure the hater club will find glee in
my new suffering. So be it. I am not going to throw in the towel, I
am not going to accept any deal, and I am not a fraudster.
Letter to my lawyer / SEC lawsuit
is a slightly modified letter for contectual purposes and with a couple
of things added which were sent to him seperately, which I sent to my
lawyer so he may, for our discussion, answer the lawsuit which has yet
to be received from the SEC, although posted online.
|J - perhaps you may find this summary useful?|
I accepted loans from loan partners. Not investment money from
investors. Proof these funds were loans rests in the worst case
scenario where I promised to repay these loans at 7% interest per annum
over three years. This language as you know appears on the agreement
loan partners were required to read and sign, of which you have a copy.
You and I have discussed these loans are not securities (investments
are not tendered with a repayment guarantee). And the 3 years at 7%
worst case scenario, I am working on this very thing in case I need to
invoke it but will need to wait until the legal dust settles.
I sent a great deal of money to an employee. (I believe the Five
Million the suit talks about). It was his professional crypto exchange
account which allowed for large transactions , so we could then pay to
Chandran in crypto and avoid the issues banks have with frequent large
If the SEC had dug 2 levels deeper they would have seen
this. ALL of the crypto funds first sent to him every dime, were sent
to Chandran, ALL of it . Any profits as a result of having any portions
of it in crypto for a few weeks were also sent to Chandran .None of it
was diverted or misappropriated . If he has not already interviewed
about this he will testify to this .
Yes I kept some of the
money for expenses . I said I would on the agreement every one was
required to read , the same agreement where I explained the guarantee.
This deal consumed the majority of my time and resources and as I had
announced and made clear I would cover my costs.
returns to me were always about twice what my promised pay out to loan
partners was. I was careful about this . I always made certain there
was room for a substantial cushion of funds. So even in the worse case
the deal was some how cut in 1/2 my loan partners would get paid.
have not have taken a vacation since this all began. My wife and I used
to take a week long cruise every year . Not wanting to be away if I was
needed for this deal and not wanting to spend any money I might need
for this deal I have not taken any vacations.
I drive the same
vehicle I purchased in 2016 . I have never had a car this long before
.If I misappropriated funds , where are they ? There are no bank
records showing any funds were some how siphoned off . Its the bank
records and the exchange account records which tell the whole truth .
now convinced the Gov't has all along been looking at me with a " he is
guilty bias". Hence every event they look at and every answer I have
provided while being fully cooperative, they interpret wrongly. If
they were to assume my innocence first , looking thru a new prism, then
ask the questions they would see things differently .
Just one example : When asked about my comment "He Is Not
the person you think he is " they assumed I was denying it was Chandran.
if they assumed I was innocent first , the correct view might be
accurate. I was saying to that person , people change . I am not the
same person I was 25 years ago . Physically, emotionally, and
I believed he was a changed man . He was NOT the
Same Person she thought he was. He had been in jail and I was convinced
with Garry's perspective also he indeed had changed. He had learned his
lesson. Hence I said "He is not the person you think he is" as she was
was supporting a crook .
I was even told 5 billionaires also vetted him!
They need to ask themselves, why would a man like Mike Glaspie
turn into a fraud monster . Perhaps they need to know a little more?
I could share dozens of stories, but four will I think help make my point.
ago I made an arrangement with the editor of the local community
newspaper, sent to about 60 thousand homes every week . He would every
year hand me , confidentially I might add , he was not supposed to, 10
or so of the most heart wrenching letters to Santa the post office gave
the paper .
He could not for privacy reasons publish names , but
he privately gave them to me . For years I would pic one letter, hire
a man in full regalia dress like Santa , big red bag and all.
filled that bag with the toys , and the groceries for a first class
Christmas meal and an envelop with several hundred dollars in it . Some
times a lot more.( this was in the 80's). He then Christmas Morning
showed up at the door . One rule: he was never to mention my name not
to the family, not to anyone . He then shared with me his experience .
Just writing this makes me well up all over again.
One year I
took 2 employees with me to a toy store . I purchased every toy in one
aisle . I remember it , it was a stack of boxed toys with the "age
appropriate" on each box and about 20 feet long and 5 feet high, 4 feet
wide. The store manager opened a check out lane just for me . It tool
45 minuets to check out , then he had his staff help load a pick up
truck to over flowing inside and out and 2 cars filed to max capacity .
He asked for my name . He did not get it and I paid cash so no credit
card receipt with my name on it. I wanted anonymity.
delivered this cargo to the local fire station. Then when the captain
saw what they were bringing for the "Toys For Tots" program he had his
crew of firemen help unload . I was told a few of these tough men were
teary eyed. Me too.
I was elected as a township trustee for two
consecutive four year terms . I was the only candidate of 7 on the
ticket who spent no advertising money . The local paper printed my
interview on the issues and I received more votes than the other 6
combined . This position was not paid. Trustees received a stipend per
meeting attended. I never missed a meeting and studied the issues to be
debated well before hand . This was just one more way for me to serve
I was elected President of the Michigan Rental
Housing Association two times for one year terms . About 3,200 members
from 16 area chapters around the state . I drove 90 Minutes every
month to the association offices for the state wide meetings . All with
no pay. One of me first actions was changing the name from The Michigan
Landlord association to The Michigan Rental Housing Association . I
felt then and still do "landlord " was archaic, medival and implied
dominance over others .( The etymology originates to about 1000 BC in
North England and Ireland, where Land Lords held tight control over
workers of the land in exchange for food and a place to live, very
nearly slave like circumstances. They were called surfs )
worked closely with our full time lobbyist, even took fishing trips
with him . A wonderful Attorney and an outstanding person. Arthur
Clyne was his name. In this role I had two private meetings with the
Governor . Just me , no staff or my lobbyist. And I co authored with
One other member legislation which I believe stands still today in the
This Bill provided for prospective tenants on welfare to
be able to rent decent housing . Up till this bill , property owners
typically would not rent to welfare receipts for fear of non payment
etc. My Bill allowed the tenant to "voluntarily" agree to have a
portion of their monthly assistance be sent directly to the property
owner . The bill provided for this mechanism. Thus preserving the
"dignity" of the tenant . It was the voluntary direct payment which
made the bill acceptable in congress and opened up the rental market
for the underprivileged.
J - If people would look at me first
they would have ask themselves: Why would a man like this ,doing good
for others all his life , suddenly decide to cheat and defraud ? To
become a monster?
I truly believed this deal would help people
and generations of their families and so many others . It would change
the world . Nearly every update spoke to the importance of
Remember this quote from me was in every issue:
"We as a group of like minded and generous people, coming together
for a common goal, can and will change the world in ways we cannot
even imagine today"
point out in the lawsuit response , they need to ask this question: Why
would any one who was intent or planning a strategy to defraud people,
for 6 months and 2 weeks (You have the bank records of this
and these records are easily available) put his own money in the deal ,
about $127,000. Before Ever even mentioning this deal to anyone or
inviting anyone to join me. This action defies the logic of a
conspiracy to defraud claim.
If they were right in their
allegations I would be putting my own money into something that did
not exist!! I would be defrauding my self! This would be insane! They
must see this , they will see this and if it comes to it any jury will
see this .
Please help me help them to see me for who I am. I
don't ask for pity or sympathy, but please ask them to know my physical
pain every day . About 8 major surgeries so far with two more needed
and now over due. I'm just 4 years away from being the oldest living
Glaspie male in the family tree. I know whats coming . I must be
permitted to finish this for everyone's benefit. I pray I am not
leaving the legacy they are painting for me.
I appreciate all you do for me . Thank You
This entire update was written and posted online by me personally.
Till next time.
This update is confidential
for the eyes of partners only. It may
not be published, in part or in whole, anywhere, without the express
written permission of Michael Glaspie.
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