Hyip weekly report – what will happen when you wrongly diversified?

June 25, 2008 - 9:06am | Articles | Investment industry |
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[img_assist|nid=8442|title=|desc=|link=none|align=left|width=67|height=100] Has an autosurf called club2profits turned to the club for losers? According to the members, this autosurf, which was started on March 1st, has stopped paying at the end of the last month. The members are confused as what to think of the future of this program. Most of them have joined this autosurf because it was recommended and it’s a joint venture between the admin of invest-n-surf; Ubaid with the admin of 30D-Ads; Roger.

But when club2profits started to incur problem, the members were questioning about the credibility of Ubaid whom they thought of  as an honest admin and they have joined the program because of him.

The latest update on May 17th has cleared out the issue about the ownership and management of the club2profits. According to the update, Ubaid has handed over 50% of his ownership to Roger, which makes Roger as a sole owner of club2profits and 30D-Ads. However, it was not so good news regarding pending payment, as Roger said, the website would be put on hold for two months and the time frame for members to get back their funds may take 2 to 6 months. Well, as we wrote in our latest hyip article, it is not wise to diversify your portfolio by joining multiple programs which belong to the same admin. Anyway, the full update is below:

“I regrettably accept his resignation as Admin of Club 2 Profits and also accept his handling over of 50% share ownerships of both 30D-Ads and Club 2 Profits to me, thus giving me 100% ownership and responsibilities of both 30D-Ads and Club 2 Profits sites.

Let us all wish Ubaid every success for his fantastic works over at Invest-N-Surf and pray that Invest-N-Surf will continue to prove to everyone that it is one of the best site in the world today for safe investments.

I want to assure all Club 2 Profits members that I have now taken over all e-processor accounts and whatever balance of monies from these e-processor accounts. I have now merge them together with the recovery funds from 30D-Ads and will start putting them to work towards the recovery of Club 2 Profits immediately.

I have to admit that I do carry some responsiblitites for some bad investment advices as Co-Admin but at this point in time, it is senseless to pin-point faults and responsibilities for events that went wrong or blame and talk about the past events anymore. We have to move on and move forward!

What needs to be addressed is the issue of member monies invested in Club 2 Profits and the future direction of Club 2 Profits. I have no immediate answers until I have the chance to e.valuate and study all the investment history of e-processor funds from Day 1 until early May 2008 when all monetary activities stopped.

I will have a more detailed update this weekend when I am back from my oversea assignment. The important questions most members will want to know immediately are put forward below:

1. What will happen to Club 2 Profits now?

Club 2 Profits will be placed On-Hold for 2 months while I grapple with the impact of recent events that have derailed us. All upgrade options are disabled until further notice and surfing will no longer be required of members to earn.

2. Will I lost my monies?

No, you will not lost your monies and will be paid back every dimes plus earnings for what you have invested in Club 2 Profits. I will need time to evaluate the full financial consequences and come up with a recovery plan by this weekend.

3. What kind of time frame for receiving my monies back?

Until I fully understand the financial implications and impacts, I have generally no ideas on a recovery time frame, it could take from 2 to 6 months before all members are fully paid. But I do know 1 thing that need to be addressed immediately, the monthly subscriptions that members paid every month will be stopped and discontinued from 1 July 2008.

Regards

Admin Roger
Club 2 Profits”

A new ‘apprentice’ of the former new scam 14days-hits-surf or should we called a copycat has arisen with exact look and script. But there are two types of twists for this new autosurf; the first one is the name of the program which is 14days-hits-surfs (there is a letter ‘s’ for the word ‘surfs’) and the program’s plan is 9% daily for 14 days, instead of 10% daily for 14 days as in the former dead program.

The admin denied that he has something to do with the old 14days-hits-surf program. He claimed that he is just taking advantage of the recently dead program. And it is his strategy to use a similar name after the famous and quite long life program and promises to make his program even better. Well, I doubt it.

Not only the similarity in itsname, design and script have caught the attention of autosurf players, but there is also a controversy when the email address for registrant, which is derived from the whois information, was similar to another autosurf program; . But the admin claimed that he had asked the admin of surf345 to help him to build a website for him. He had used his email to register a domain and hosting. When I checked it again, I noticed the admin of 14days0hits-surfs has changed to his own email. Well, you can join this autosurf which was started on May 31st while it is still early, but with too many controversies about this program I doubt it could last much longer than the previous 14days-hits-surf.

I found this nice information from 9planetreviews blog about a hyip called stablecap. Even though stablecap currently is paying, but actually this hyip is not as stable as you think.

This hyip was started on May 20th and offers three types of plans which are 20% - 24% daily for 6 days, 130% - 150% after 6 days, and 150% - 190% after 10 days. The owner of 9planetreviews blog has checked the source code and found out that the code for stats on the left bar is static. It is programmed and not dynamic. That means the stats are not based on the database, but the admin updates and changes it himself manually.

So, what does it mean if the hyip is using fake stats? A definite scam, of course. Moreover, I also found out that the admin hires a bunch of fake posters to promote, cheerlead, and make paid posts on his threads on a few public forums. So, be careful and stay away from this hyip.




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