Magic-Vault Interview

April 13, 2007

URL: http://www.magic-vault.com

Program Type: HYIP

Name: Pedro Oliveira

Interview Date: 13th April 2007

PDF Version: Magic-Vault Interview

Question 1. Please introduce yourself to our readers.

Name: Pedro Oliveira
Age: 24 years old
Nacionality: Portuguese
Marital status: Single

The above information can be confirmed by Mr Tony Clifton (the administrator of HYWD – High Yield Weekly Digest) whom has got a copy of my national identity card (ID).
I am a young, sociable and ambitious Portuguese man with experience in the markets, and I am completely dedicating myself to this project. In my free time, I like to listen to music, read interesting books and practice sports.

Question 2. What is your position in Magic-Vault©?

I am one of the administrators of Magic-Vault©, and I am responsible for the public relations.

Question 3. What can you tell us about Magic-Vault© staff?

Magic-Vault© has got two administrators. As I have already told you when answering the previous question, I am one of them. The other administrator is also a Portuguese man and he is older than me. Although he is an incredible market expert, he wants to keep himself away from the forum boards, because they tend to stress him very much, affecting his performance in a negative way.
Regarding the support line (managed by myself), it must be said that it is very efficient and that all our members are very satisfied with our timely e-mail answers. Our private forum is also revealing itself to be very useful in what concerns to answering our members’ doubts and questions.

Question 4. Is Magic-Vault© registered anywhere? If yes, where and how can our readers contact you to verify registration?

Magic-Vault© is not a licensed insurance company and it is not a bank, too. We are not registered anywhere (yet), and all monetary transactions between our program and our members should be regarded as being strictly private. If the program membership increases too much in the future, we may consider registering Magic-Vault© as an official trademark in order to to prevent possible legal issues from happening.

Question 5. Can you explain more about your plans for newbies in this field?

At the moment, we are providing our members two different plans:

1) Daily 0.2% daily for 31 days; minimum deposit: $5.00; maximum deposit: $250.00.
2) Monthly 12% monthly for one month; minimum deposit: $50.00; maximum deposit: $20,000.00.

In both plans, the ROI (Rate of Interest) is variable (updated monthly) and the principal (the original amount invested, separate from earnings; see http://dictionary.reference.com/browse/principal for further information) is returned at the maturity date.
Please note that the markets are closed during the weekend, and it is completely impossible for us to make returns during Saturdays and Sundays. So, the ROI in the daily plan will only be paid during business days (Monday to Friday).

Example: in March there have been 22 business days (see http://www.anryhome.com/software/calendars/2007.gif); consequently, members who deposited in the daily plan in 1st March have received a total of (0.2%*Deposit*22)+Deposit.

Question 6. How are you different from other programs? Any kind of proofs?

Yes, we are definitely different from most of the programs available on the Internet. First of all, my identity has already been verified by Mr Tony Clifton (visit http://www.hywd.info for confirmation), I have already met some Portuguese members in person and answered questions by phone. As far as I know, this is not a very common procedure in what concerns to online investment opportunities. On the other hand, we post our updated trading results in our private forum and our brokerage account is audited by Mr Tony Clifton monthly.

Question 7. How can you ensure the longevity of your program?

We cannot ensure the longevity of our program. In fact, anyone can guarantee the longevity of an investment program. Investing in the markets is a risky activity and even local banks, which provide very tiny rates of return, do not guarantee that their clients will not lose their deposited funds (if you did not know about this, I recommend you to read the Terms and Conditions very carefully before opening bank accounts). However, we guarantee our members that we will do our very best to make Magic-Vault© a stable and profitable program. If something happens to fail in our planning, we will do whatever we can to correct the situation and avoid similar problems in the future.

Question 8. Nowadays, thanks to scammers people no longer trust in “Investment Programs”. How do you plan to convince them of your honesty?

We have always been honest when communicating with members. In our humble opinion, having a good attitude (being honest and educated) and paying on time are enough to convince potential investors to join our community. In order to make the second point (paying on time) easy to verify, we have created the Daily plan and we are being monitored by three independent websites (GoldPoll, TotalHYIPS and GoHYIP).

Question 9. Is Magic-Vault a Ponzi scheme? How do you plan to pay your ROI?

No, it is not. Magic-Vault is a real investment opportunity, and profits returned to our members are generated in the markets (mainly Forex - Foreign Exchange Market - but also NASDAQ and stocks in general). Our Forex trading activity is supported by a mechanical trading system that has been operating with success for the last four years.

Question 10. How much experience do you have (or your traders) in obtaining gains from the revenue source?

Both of us have been working as investors (Forex, NASDAQ and stocks in general) for the last couple of years with great success. The other administrator, much more experienced than myself, has survived to some big stock market crashes (ex.: 9/11) and he manages to get astonishing profits in national (Portuguese) and international financial markets. On the other hand, we have the help of a mechanical Forex trading system, which allows us to make very good returns.

Question 11. What happens when there are losses?

If there are losses, they will be posted in our private forum like the positive trades. All information about our trading performance is shown to our members through our private forum.

Question 12. How do you handle negative publicity and/or posts?

We are always honest with our members and we will always try to solve the problems pacifically. When a troubling situation arises, we try to clarify everything as fast as possible by sending e-mail messages, posting in our private forum and eventually in public forums.

Question 13. How will you be able to guarantee your members that they will not lose their money?

I have already said in my answer to question number 7, administrators who guarantee that their members will not lose any money are lier and a scammer. We do not guarantee that to our members, as you can read in our Terms and Conditions (http://www.magic-vault.com/terms.php).

Question 14. There are currently many problems in the industry like e-gold© blocking some admin accounts and DDoS attacks. How well are you prepared to face such obstacles?

Magic-Vault© does not depend on a script, and the forum database is backed up twice a day. We think this is a good protection policy for a program like ours. Regarding the e-gold© question, we do not keep a big amount of money in our e-gold© account, and that way we will never have problems even if the administrators of e-gold decide to block our account for further Due Dilligence.

Question 15. What are your goals for Magic-Vault©?

We intend to run Magic-Vault© for a very long time and we would be really pleased if we succeeded to build a solid community of investors, using our private forum as a means of communicating and discussing ideas in a healthy and friendly way.

Question 16. What kind of questions you often receive from your members?

Most of the questions we have received from our members regard details of our plans and the way we generate the returns.

Question 17. What do you think about eTalkMoney.com in general eTalk Network?

I knew about it a very little time ago, when a message regarding our program has been posted there. I have been exploring eTalkMoney.com a bit in the last few days, and I enjoyed the way news are presented to visitors.

Question 18. Would you like to add anything?

I would like to add that everyone willing to participate in a real investment opportunity is welcome to Magic-Vault. Visitors can sign up for an account and deposit in the Daily plan first, if they do not trust us enough to deposit in the Monthly plan yet. We are sure they will not regret being part of Magic-Vault community!

Posted in Interviews