MegaInvForum Interview and Due Diligence
July 7, 2006
URL: http://www.MegaInvForum.net
Type: Real Investment Program
Date: 07/07/2006
Owner: Jose Gomes Jr.
This have been a Full Due Diligence and Interview on MegaInvForum, Jose the owner of this new investment program provided everything to us to proof that is a real program. The following is the interview we made with Jose.
Q. Please introduce yourself
A. My name is José Gomes Jr., Brazilian, and 23 years old. I am launching my first online project based in Forex. Finishing Computer
Science/Computer engineering (Brazilian: Sistemas de Informação), I work since I have 18 years old and I always had my own business.
I already has some time, that I dedicated myself exclusively, and carrying through successfully good businesses in forex.
Q. Can you tell us more about MegaInvForum? How it works?
A. You can read a complete Tutorial about our investment program here: http://www.megainvforum.net/viewforum.php?f=1
I will do a simple description:
- Returns are variable (expected returns are between 5% and 20% per month).
- There is no expiration time in your investment.
- Principal withdraw is allowed (10% or 20% fees).
- Members can compound their earnings as well.
- Monthly statement from our trading account will be posted in our forum every single month.
Q. What kind of support are you offering for your members? Are they allowed to call you?
A. Mega Investments support is via e-mail. And yes, people that speak Portuguese can call me.
Q. Why you use a forum instead of a script? You think people will like it?
A. Well, that’s a simple way to go, however we just have to do a daily backup in our forum and everything is ok. The important data about our members etc will be allocated in our offline software.
Q. Could you tell us about MegaInvForum team? How many people are there in it? Who are they?
A. There are 2 people working with me. I trade together to a fundamental analyzer friend and my girlfriend help me on burocracy stuff.
Q. Why is E-gold the only method of payment you accept? Are you planning to introduce any other methods of payment in the near future?
A. I am working with a brokerage that accepts E-Gold only; also E-Gold is the safest E-Currencies we can find around.
Q. What measures are taken to ensure the safety of your members’ funds?
A. 1st - My computer rum based in LINUX software. No spy wares etc.
2nd - I have 2 E-Gold accounts and I just post the 1st one to people.
3rd - I really believe that the brokerage we choose is a nice one to work with.
4th - On trading we pre-set maximum loss limits, use of technical and market analysis to minimize these loss limits, we never use more than 10% of the balance to trade.
Q. How long do you plan to stay online?
A. Well, as we offer a reliable program (negative and positive months), there is no reason to worry about that. We will never pay more than we can (I think that this is the main reason that real programs stop to work).
Q. What is your goal with MegaInvForum?
A. 1st - I really want to help people to get real returns in Forex.
2nd - I plan to “close the door” for new members as soon as we get 2 or 3 million dollars being traded.
Q. What makes your company better than other similar investment offers on the Internet?
A. Well, as far as I can see, there is no similar company on the Internet. People have to understand that it’s IMPOSSIBLE to offer 1%, 2%, 3% daily (constantly). Forex is not a party. This is a very strong and difficult market.
Q. What security features are implemented on MegaInvForum website?
A. For now, we don’t offer any security features. We are already looking for this, and people will see some changes soon.
Q. What you think about eTalkMoney.com?
A. As far as I can see, this is a nice place to advertise a real program (looks you guys like this ones). I like this. People have to start to look for reliable programs. This is the single wait to avoid SCAMS.
Notes by eTalkMoney:
- The Whois of the MegainvForum domain is fake, Jose said that this is for privacy issues.
- Checking the documents that Jose sent us: University, ID, MotoCycle document. Have been approved.
- We went to the site of the university Banespa (http://www.santanderbanespa.com.br) and contacted them, we asked about if there is really a Jose Gomez Junior. With problems trying to get this kind of information we said that we are an international job recruitment and we need to confirm this. They Confirmed.
- Another document that Jose sent us is about his Honda Motocycle. “Consornio Nacional Honda” We were not able to confirm this, but we believe this is true.
- Every document that Jose sent us are with the same Address.
- He sent us also his ID which was taken by a camera and not scanned. This can be a good sign. Date of birth: 05/04/1983, with the name of Jose Gomez Junior. (Included his picture).
- We asked also Jose, to give us access to his trading account and he accepted. We made some screenshots and asked Jose if he accepts to publish it and he said yes you can download the screenshots here. CLICK HERE
- Jose seems a nice guy, his english is poor but he is learning, with a long chat he told me that he is learning english and he has around him a lot of dictionaries. (At least a good student
). - Jose, posted on MMG announcing his program and Marcos the owner of Fx-Experts.com that is another real investment program and was approved by many (dd’s) said this: “I know José, he lives close of me.
I encouraged him in this project because I know his potential.
Good look Zé, I want to see you growing up” MegaInvForum MMG thread - Jose, gave us his Phone Number, and as soon as one of my brazilian friends accepts to call him, we will give him a call and update you. Jose also said that if you know brazilian (portugues) you can ask him his phone number and call him.
- MegaInvForum broker is North Finance, personally read a lot of good things about this broker, also our trader from eTalkForex use also this broker and said that this is the best option at the moment.
- When we got access to his trading account we saw that he started in this account 05/24/2006.
MegaInvForum Guide:
Registration:
To register send an email to contact@megainvforum.net with:
1-Complete Name
2-E-mail Adress
3-E-gold account number
When your registration is complete you will receive an email with your username, password and deposit instructions.You can check here
Deposits can only be made via E-Gold. The minimum deposit for a new member is $100. You can deposit any amount after the initial deposit. You will start to earn profits on the following month after deposits or aditional deposits. The last day to deposit to receive profits on the following month is the 25th day of each month.
You can check Here
Profits:
Returns will be posted on the last day of every month. A report will be generated and and posted in this forums. The administration fee wil be 20% of profits each month. Another 10% of the monthly return will be put into a reserve fund (this reserve will be traded). No administrative fees will be deducted if there are no returns for the month.
You can check HERE
Payments:
To make a withdrawal, you need to send an email with your User ID and password to contact@megainvforum.net. The withdrawal request must be made within the first 3 days of the month for payment the 4th to the 7th of the month. You can withdraw the profit of the previous month without a fee.
You Can Check HERE
Returns that are not withdrawn will be automatically compounded. Amounts that are reinvested will become part of the principal and will be subject to principal withdrawal fees.
You Can Check HERE
To withdraw the principal the member have to send an e-mail to contact@megainvforum.net with his User ID and password. Withdrawals can be made after 30 days of the initial deposit. A 20% admin fee will be assessed to all withdrawals. This fee will be reduced to 10% after 90 days. The reserve fee will always be 10%. A balance of $100 must be maintained in the account at all times. However, a member can withdraw the entire balance at any time if he or she wishes. Remember that there is a fee of 10% to 20% when all or part of the principal is withdrawn.
You Can Check HERE
Profile Update:
To change your email address or e-gold number, you would need to send an email with your User ID and password to contact@megainvforum.net
You Can check HERE
You can check the last performance June 2006
Conclusion:
This program (MegaInvForum) has met all the criteria for a real investment program. Jose has provided us with the necessary documentation and resources to be granted the approval of his investment project proposal. We have engaged in an extensive analysis of the supporting documents and resources Jose has submitted. Jose has agreed on providing us with access to his trading account in the future for follow-up purposes. As you may know, the process of investing in programs like this one entails conveying to the rule #1 of investment: “Invest what you can afford to lose”. All in all, this investment project proposal has been approved by eTalkMoney.com.
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