Mistakes and Updates

January 18, 2007

Only two titles describe this update. The past couple of days, events seemed to be moving slower as things have calmed down a little bit.

The “Mistakes” goes to OnlineDreamsReloaded. In his last update, Kevin has announced that he is proceeding with egold payments and honoring Tri-Star Money Changer for users who want to use it. Now, here is the mistake:

I had a new plugin installed on the site today and did not know how to work it and automatically compounded 50% of everyones cash in there account. I am sorry but I am no able to reverse this. The good news is the roi will be high tomorrow. This is a new plugin were are going to add the site in next week or so we are not sure how we are going to implement it.

I am not going to comment much on this “mistake”. But at least, he promises a high ROI. After the problems they had, they have opened a new program, instantautopaysurf.info. The new program offers 2% daily for 75 days, with instant payouts. Around 500 of the accounts in the other program are being transferred to the new one.

The “Updates” goes to Euro Trade that have sent newsletter number 12. In this newsletter, they announced they have now 18 representatives worldwide. This is a part of the update:

On the 12th and 13th of January numerous ET investors complained of problems with deposits and withdrawals to and from their account. These problems arose due to a technical issue with E-Gold`s Automation Interface. We must now carry out a general update of all our server software which will prevent these problems from occurring in the future. During this period trading servers will be taken down to perform system maintenance. Interest payments will not be paid during the updating period, which will take three business days (17th, 18th and 19th January 2007). Please note that e-gold withdrawals will have to be processed manually and will take up to 3 hours to be completed.

In this newsletter, they also introduced their new product, “The Fund of Hedge Funds”. They provide a detailed explanation about Hedge Funds. I have chosen some parts for you to check:

Our new product “THE FUND OF HEDGE FUNDS” returns 14.0% weekly over 100 trading days.

It offers a Fixed Rate of Return, and Income Distribution is done on a weekly basis. The offer is limited to 600 investors on a first-come, first-served basis. New investments will not be accepted after 10th February, 2007 or earlier upon reaching the required number of participants.

WHAT IS A HEDGE FUND?
A fund, usually used by wealthy individuals and institutions, which is allowed to use aggressive strategies that are unavailable to mutual funds, including selling short, leverage, program trading, swaps, arbitrage, and derivatives. Hedge funds are exempt from many of the rules and regulations governing other mutual funds, which allows them to accomplish more aggressive investment goals. They are restricted by law to no more than 100 investors per fund (Europe Trade acts as a single investor), and as a result most hedge funds set extremely high minimum investment amounts, ranging anywhere from $250,000 to over $1 million.

Time for my own update. I have been checking the downloads available on AffiliatePower today. I really liked the eBooks and software available at the members area. They are a good tool with tips that help you with affiliate marketing. I felt it is worth paying the $10. Besides, there is a guarantee, for this month, that you will get the part of your money you do not earn back. However, I feel this guarantee will not be needed. There is a possibility to make big monthly income from this program. Yet, it is basically a team effort. Working as a group is the secret to benefit from this program.

Posted in Autosurf, HYIP, eTalkMoney General