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Sunday, June 19, 2011

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  • bank_king2003
    01-18 04:47 PM
    This is the supervisor's information at newark airport and he is very keen to note that nobody is treated in an unprofessional manner. basically he is the manager of all CBP officer at newark

    Newark International Airport Domenico Calise (973) 368-6000

    please bring this incident of rude CBP officer at newark by calling above number so that they can take appropriate action against all the ill-treatment.

    Thanks,





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  • Aloha1
    11-21 08:24 PM
    My case I-485 (marriage based) was received in Oct 2005, NC initiated Nov 2005, interviewed Feb 2006, pending name check since.





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  • BayBoy
    07-14 10:11 AM
    Good Luck Guys!!!!!!!!!!!http://immigrationvoice.org/forum/images/smilies/smile.gif
    :)





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  • msp1976
    02-06 03:53 PM
    It is widely known fact that Members may be even reluctant to answer the same question again and again ... but unless a legislation is passed , PD will not move.



    Unless there is reform....it is very likely that EB2 India would stay where it is today for a very long time....It may even retrogress further...In 96-97 there was a time when EB3 was better than EB2.....That might not happen ...but EB2 India is definately not gonna be too much better than EB3...All people are now trying to get into EB2 wagon and that is gonna is almost as bad as EB3 .....



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  • pansworld
    12-03 04:50 PM
    One of the approaches can be for state chapters to be involved and solicit donations from local members. I liked the idea for donations from immigrants who have already obtained green cards and online ADS from google as long as we do not overdo it. I am leaning more towards funding drives. For reasons that people in the process understand better than I do, I agree that the amounts cannot be disclosed. Hence it would be nice to have offline discussions or discussions on PMs on targets between state chapter members.

    I for one am not for monthly payments or memberships. That just makes for exclusive organization and we want to be more inclusive.

    I also had another important question we need to ask ourselves. Do we want to solicit funding or donations or participation? They are two very different things. Participation is not limited to monetary involvement but can include time and ability (designing banners, websites, writing letters et al.) donation.

    Cheers





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  • sriramkalyan
    12-01 05:59 PM
    Here is a idea :

    To start any New Thread , we should check whether post is from monthly recurring payer, if so he gets to start new thread else for each new thread charge $1.

    Similarly ...Non paying member/Paying member posts has to be identified with specific tags.

    We got to do this change ASAP ..This will be a small change to Code..



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  • desi3933
    08-22 12:42 PM
    desi, congratulations man!!! enjoy your citizenship and may god bless you and your family... really appreciate the fact that you are still remembering us and visiting the forums...kindly pray for the poor souls like us

    good luck again!!!


    Thanks so much, MyGC2006.

    Good Luck to you as well. Hope you get your GC asap.





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  • sundar99
    02-22 10:00 AM
    Hi Sobers,

    Outstanding efforts. Also, not sure if you all agree ? if we get the NASCOM email id for karnik, perhaps we shud emphasise the SOCIAL SEC contribution made by us so that, they do not forget us at the last minute, since H1 issues will be followed up more religiously.


    Should we send out emails to karnik and crowd ?



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  • richshi
    04-26 07:42 PM
    Just registered as volunteer. Will send a check of $100 first thing tomorrow.

    I will go to Wenxuecity ( a chinese portal) to introduce this great organization and ask people to donate money.





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  • Karthikthiru
    07-11 08:24 PM
    Any new updates for this thread

    Karthik



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  • unitednations
    03-31 11:51 AM
    I (and I�m sure others too) would like to know how the following works,

    Employer X filed labor, 140 for their employee. Both were approved (assumption - no RFEs, etc. until now), 485 was filed for in July 2007, and remains pending.

    The employee was employed with Employer X from before the labor was applied and until ~360 days after the 485 was filed, and was always paid more than the LC prevailing wage/offered salary.

    In July 2008, the employee leaves employer X and joins employer Y under AC21 provisions. An AC21 letter, G-28N are submitted.

    140 never gets revoked by employer X.

    In Jan 2009, employer X receives an Ability to Pay RFE for another pending 140 of theirs.

    At this point, employer X has 16 140s that are open (pending OR approved with 485 pending to be filed/filed and pending). Out of those 16 140s, one was for the employee that left under AC21.

    When they respond to that RFE, I do understand that they could be asked to show ability to pay for all 16 140s, even for the one that doesn�t work for them anymore, because of the fact that it was never revoked.

    In this case, is the employee (that left) covered or at risk? I ask this question because the employee that left submitted AC21 documentation immediately upon leaving, thus notifying the USCIS that the �ability to pay� responsibility for his case, if any at all, now lies with the new future employer. There probably isn�t any clear definition of such a situation in the law, but can such an argument ever hold up in court, and protect the employee�s AOS application from getting affected due to any ability to pay issues the old employer (X) has had AFTER the employee left them.

    The only person on here that I expect to be able to give a non-speculative answer to this is UN, unless someone else has personally gone through something similar.

    Long post, I know, and I hope it does get read.

    Thank you.

    I worked on a very big case back in 2006.

    Company had 20 pending 140's which were filed in 2005
    Company had 42 approved 140's

    in Janaury 2006 they sent RFE on one of the cases and asked for ability to pay. Before response was sent; second rfe is received on another pending casestating ability to pay and that uscis has noted company has filed many 140's; then third rfe is received on another case asking ability to pay on all pending cases (note this was in vermont service center and at this time the whole cybersoftech issue was going on; so there was a heightened alert from vermont service center).

    In preparing for the response to the 20 pending cases; we had to analyze the 42 approved cases to ensure that just in case USCIS went after those cases together with the 20 then we should be ready in this particular response to justify the 42 approved cases.

    In the response we only showed the 20 pending cases and that we had ability to pay for them.

    Within three weeks; USCIS sent notice of intent to revoke the approved 140's. In the notice of intent to revoke; they stated that their records showed 20 pending; 42 approved cases and 205 h-1b's filed. USCIS went through their calculations and stated that if the average salary was xxx on all these petitions then the company would have to have paid close to $15 million in salaries which was (at that time the 2004 tax returns) more then five times the revenue. USCIS also went on to state they thought the company was involved in fraudulently obtaining h-1b's and 140's.

    Now; company guy talks to Shusterman and he wants $2k per case and he can only handle the immigration component and that he neeed a CPA (which was me) and the company guy should also get a criminal attorney.

    Well anyways; because in the first 20 cases we thought uscis may go after the approved 140's; the financials looked the right way to support all the cases.

    The response was very scientific; hire dates; priority dates; amounts people got paid before priority date; amounts paid after; dates people left the company, etc.

    In the various calculations; we proved out that even with people leaving who used ac21; we still had ability to pay for them (ie., even though they were no longer there we still had the financials to pay them). Then we gave another scenario that ability to pay clock should stop once person used ac21. We then did recalculation under this scenario.

    In every scenario we showed we had ability to pay. Now; we never requested USCIS to revoke the approved 140's for people who had left; in one of the scenarios we adjusted the calculation to stop showing ability to pay once a person left.

    USCIS re-approved all the cases. However; they sent notice of intent to deny for pepole who left using ac21. those candidates then gave updated letters and they all eventually got the greencards approved.

    Now;this particular case is a little different because even though people left; the company still had ability to pay for them. Therefore, it is difficult to draw conclusion from this for other peoples particular cases. In this case; the fair value of the work I did for them would have cost them about $100K (i actually did audited financial statements for them; they are the only company I did audited financial statements for becuase the stakes were very very high for everyone concerned).

    I can tell you that when a company does get this type of RFE; it is very difficult to substantiate everyone together and the calculations and supporting documentation is very complex AND companies have very little desire to help those who have already left. In these types of queries; the company/lawyer doesn't even bother to justify those who have already left; they just ask for revoation and they prove ability to pay for those who are still left with the company. Therefore; USCIS could just make the determination that those revoked cases were approved in error.

    The main law for ability to pay is that company has to prove it from priority date until person obtains lawful permanent residency; law was never changed/modified to accomodate ability to pay for a company whose candidates have left using ac21.

    Note: This is all pure speculation of what is going on in these cases. I am just writing out loud of why/if there is a shift within uscis.





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  • desi3933
    05-08 06:20 PM
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  • diptam
    05-24 01:37 PM
    Throwing money at scholarships and education incentives dont make people choose a profession they dont like. If they want to be lawyers and doctors and managers, they wont force themselves to go for tech degrees and diplomas just because they get thousands of dollars in scholarships.

    See you all in Bangalore and Shanghai.

    Agreed Man - 200% agreed with you ... Peoples dont have the intent to pursue STEM in this country - How can you force someone ??

    They will realize the mistake after 3-4 years - It may cost 3-4 times to compensate that :-)





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  • smisachu
    07-31 05:00 PM
    smisachu,

    here is what i have figured out in last 4 year and i have been to various blogs.

    1. i have read various blogs all are saying trading options with all good stuff you can hardly make any money. Most of the term you have used i have some idea what its is , but havent studied it properly.

    There is no silver bullet that will make money all the time. If some one says so he is lying. Options can give you a chance to minimize risk but also cap profits. And you can be wiped out in options routinely. However in stocks it is a rare event when your stock goes to zero.

    2. trading is gambling- you can have some edge by stastical analysis what have performed well over a long time. so backtest u r system over 10 years.

    Trading is most certainly gambling, even fixed income. You can build a model and hedge to reduce risk and make it a calculated gamble but still a gamble..

    3. would like to know what kind returns are you targeting with options

    Most professional option traders generate income by writing options. Writing options are very risky as you have a theoretical loss probability reaching infinity. Forming synthetic positions will minimize risk but you might bleed hedging the position. A seller of option is long theta and short delta; a buyer of options is short theta and long delta. Think of theta as the time factor and delta as the hedge factor to put simply. If you sell a call option you have to hedge the option by buying delta units of the underlying stock. And when the call is at the money or near you will end up buying the stock high and selling the stock low, thus loosing money. Black and Scholes famously showed that in an option trade you can delta hedge the risk away. This is not possible and their model is flawed. But it is simple and intuitive and every one serious in trading options NEEDS to learn the model. You don�t have to know the derivation but just the model, and the partial differential equation. I can talk about the flaw and the smile and smile dynamics but many of these concepts need to be drawn out and very hard to explain with out drawing.


    4. spreads can be an way to go ..but has to be directional bet or else difficult. I have seen lot of iron condor guys breaking down in recent melt down and up.

    Any model will work only for certain duration. That is why you need to keep running it and that is why quants have jobs. In stat arb sometimes you run models 3 times or more a day. I mean complicated mathematical models getting data from a provider and running large data sets to find the mean. And then trade when the stock diverges from the mean.
    Each strategy or model has shelf life, so you need to keep researching and running new models.

    Spreads are a good way of limiting down side while also capping upside. Volatility spreads are the most profitable ones and again short straddle makes money almost 95% of times but the 5% when they loose they will loose big. You need to have a certain limiting conditions and then hedge the spread with in this range. Usually you will make a little or loose a little. Sometimes you will hit a home run. It is easy to show this on a graph


    5. so i kind of believe in hit and run and momentum play - what else can make you money where nothing is certain

    I don�t trade momentum, swing or technical indicators. But there are profitable traders who do this.


    6. buying when rsi2 is depressed and selling quickly - can be spread havent back tested it.
    i backtest using stockfetcher. but u cant backtest options, you have to manually do it. itried some using think or swim platform.

    Relative strength Index, McClellan RSI(2) and Oscillators can be an indicator of stock movement. Relating it to the option market is abstract but I think possible. But I feel the options will already be priced in for such potential movements in the underlying. A very good quant I know always says any new strategy will first manifest itself in the derivatives market before equity as the players there are much more sophisticated.

    I am not sure which retail trading platform has good back testing, try options first with scottrade. I use Bloomberg which has loads of functions like OVME-GO where you can back test , simulate and see the volatility surface.


    so i am trying to see if anybody else has any good strategy to share.

    There are many good strategies but I have no idea on sophistication of each individual. For example right now you can sell credit default swaps on Goldman sachs medium senior secured notes and hedge it with delta units of binary in-the-money call options on the VIX. This will give you synthetic exposure to the notes with steady cash flow and the binaries are cheap. If goldman defaults the VIX will sky rocket giving you a handsome payout better than what you will have to pay on the senior secured notes because of high recovery rate if all the default climbs up to the senior tranche. Actually this would be equal to the end of the world in today�s market.

    Or better yet just buy SPX and sit, the market is doing all the work for you.

    The US natural gas market is in contango (I swear this is not jargon:o, there is no other term). So buy long dated/leap calls at the money now. In 2 years you will be so deep in the money you wont know what to do. But average retail investor cannot hedge this as he cannot trade spot.

    So I guess my point is there are sophisticated ways to make money for which the average retail investor has no access to. If there is a simple way then it has already been exploited under the no-arbitrage clause of free markets.

    If you have 2-5 year horizon. Go long the market and sit on it would be my best advice. If people want to meet and share ideas I am open to it. I live in NJ so NY/NJ is fine spot to meet.



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  • acecupid
    06-13 07:37 PM
    Jesus! That looks sooo risky. Yes indeed my PD is May 06. Now the question is what if (I know a big IF), but what if, I apply for my 485 (hoping that my 485 will be on EAD/AP for a long time) BUT my 485 gets approved rather quickly and I am not able to marry before that happens -- do I have *any* way to tackle that issue? Or would it then mean that my wife cannot come in US for n number of years after marriage?!

    Jesus Christ! Does anything happen without a twist?! :)

    Lol... looks like then you have to marry an american gori/gora or ABCD. :D Hopefully you will find a partner in india and get married before 485 gets approved





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  • Oli-G
    06-16 09:29 PM
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  • kbsyed61
    03-27 12:30 PM
    Today (3/27) I saw a soft LUD on my case and wife's case. Strangely my daughter didn't have one. All 3 were filed at same time - July 02/2006.





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  • ras
    07-02 01:07 AM
    This is one of the important threads. It's really time to cleanse the system and imbibe faith in the employer/employee relationship.

    We do see such threads on the forum occasionally where the employee is being cheated/asked to sign a contract/is not being paid on bench/employer is threatening etc etc... There are several instances where members have posted negative comments about consulting companies and how employees are unhappy working for them.

    Is this really true?

    I want to understand the reasons why people are not filing lawsuits against such companies yet? Why are we not reporting them to DOL and USCIS? Especially after filing I485 and expiry of 6 months, people are in a better position to file lawsuits against such employers.

    IV can help only if people are willing to be helped and ready to take action.

    If this system needs to be cleansed, then why aren't we doing it?





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  • sc3
    08-20 06:04 PM
    You are lucky man , my daughter is just 3 years old , I have to wait 1 year more than you :D:D:D:D

    Well, you can do PD porting :D :D. Adopt a 16-17 year American citizen kid(?), and you will be good to go soon. I guess you cant really adopt people beyond 18 years, but if you can, it will be like PD-porting to EB1 !! ;)





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    Maniaci
    06-02 01:14 AM
    Introducing the Apple iBOY. Wish I could have spent more time on it, but I'm too lazy ;).

    Edit: I just realized this is not really a skin... more of a modification. Is it legal? If not, I'd like to have this entry voided so I can try again hehe.



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