PTV Partner Admin speaks out…

In a recent post I made the argument that Online Investment programmes needed to tidy up their act and be more honest and open with potential investors.

In a somewhat similar vein Garrett, the Admin of PTV Partner has made clear some of his views on the world of online investing and ecurrency providers in particular. In an interview at Money-News-Online Garrett provided his thoughts on the progress of his own programme and what some of the plans are for the future.

It’s refreshing to see that this venture is laying down a standard for others to follow. Of course a successful programme like PTV Partner cannot rely upon one person alone and he took the time to introduce the various moderators, administration and IT support that is involved. From personal experience I know that both the forum and chat room are very active places and there is always someone available to answer your questions.

It’s clear that Garrett has clear plans for the future and this involves providing access to other banking facilities such as bank wires which is nearing completion. You can tell from the interview that he appears to be frustrated with payment processors in general and is working to make them more accountable and responsive to members.

He also mentioned that 70% of investments are in the Prestige Plan that pays 190% after 40 days (this includes the principal). I don’t think this is any big surprise as the stability of the programme provides greater confidence in the ability to deliver on the returns they promote. I assume that other investors are working their way up to when they can take advantage of the Prestige Plan or perhaps they are happy with the shorter timeframes and reduced returns.

One thing that Garrett was rightly cautious about was divulging too much about other investors involved and he did admit that his voice is altered when he broadcasts as he knows that being identifiable can bring its own problems. This is something of a two edged sword of course but in this particular instance I believe he is doing it for the right reasons.

As PTV Partner develops and matures I will be making plans to invest more significant amounts as I believe that there is a high degree of integrity surrounding this particular opportunity. Even so I wouldn’t put all my eggs in one basket as we have seen too many examples, and some very recent, where legitimate programmes failed for one reason or another.

Gold Nugget Invest face up to their problems…

For some time Gold Nugget Invest has been subjected to a problem with a bank they deal with. It seems that the German financial authorities have frozen the assets of this specific bank because of a particular client irregularity and this has resulted in many accounts being inaccessible. One of these is GNI.

Combine this with other problems related to abuse of referral payments and unusually high request levels for principal withdrawal and the end is result is problems for GNI.

Now, they could have thrown their hands up and walked away but they are not doing that. What they want to do is restructure significantly to stabilise and create a long term future. The alternative is to fold and I don’t think anyone would want that.

What this means is that outstanding withdrawals are being cancelled and members will have the option to leave them as pending or to re-invest in the new plans being implemented. In place of weekly plans the new proposal is for monthly payments of 16% which will last for 14 months (this period will include return of principal). Premium members will receive 20% a month.

Whilst it’s disappointing that GNI find themselves in this position I’m encouraged by the level headed approach being taken and will continue to maintain my investment with them once they get things back to normal.

Given the stellar performance of GNI up until now this is a salutary lesson that no-one should put all their faith in one online investment especially if they try to use it for payment of everyday expenses.

I’m optimistic that the refreshed GNI will be a success and I look forward to the future.

HCI25 website back online…

Well it’s taken an exceedingly long time but the HCI25 website is finally back online. With it there is a newsletter in the back office and in fact I’ve also received copies to my email address which didn’t happen for some time when the last site was up.

As explained in the newsletter the hosting company lost much of the member database which has resulted in an older backup from HCI25 themselves being used. What this means is that if you can’t login they you’ll need to register again and send an email that includes proof of payment and batch number of contracts purchased.

The admin also rebuffs any accusation that this is a scam and berates those who try to make these statements.

As it happens there are still 615 pension plan contracts available so it will take a little time to complete. Note that you can hold a maximum of 27 contracts per individual.

There is talk of some photos being provided soon of the first user meeting held in New York before Christmas and whilst that won’t necessarily prove anything in the long term it shows that HCI25 are sensitive to comments that are circulating.

Let’s see how the next few months turn out.

Imperia Invest closes for contract purchases on 01 February…

As things start to settle down in this New Year I wanted to remind everyone that Imperia Invest will close purchase of new contracts on February 01 which is just over three weeks away.

I know how quickly time passes and before you know it January will be over and there won’t be another chance to invest at Imperia.

As a reminder Imperia Invest are trading in Traded Endowment Policies (TEP) and for a very reasonable investment you receive a generous return. You should note that TEP’s have to be ‘in trade’ for 6 months so if you purchase between now and the end of January you wouldn’t receive the payout until July.

Another point to note is that Imperia have had various problems with payment processors and now recommend Procurrex. Given that you would need to open an account here and fund it you might want to act soon to ensure you have enough time to purchase contracts.

Like any online investment you should do research before making an investment. Whilst the sum involved here is not that great you should be aware that it does carry risk. There are many people who are happy to accept this risk as they can see that the return is significant, however there is also a chance that payouts won’t happen so please think carefully before parting with funds.

Invested in WBwso to start the New Year…

Last October I was contacted by a subscriber who told me about WBwso. This is an investment opportunity where your funds are used to leverage the income that can be made from websites.

When I first looked at the site it took a while to get my head around how everything works and what the potential returns might be. You do have to join the site to gain access to the detail that explains how it all works but as joining is free and you don’t need to make an investment then that is not really a problem.

One thing I like is that there are several investment options so there is generally something available to suit all investor appetites. I’ve decided to go for a longer term investment and that will hopefully provide a very good return over the designated period.

Given that I joined in October of last year and have now only just invested you’ll probably realise that I’ve been keeping an eye on how things have progressed and decided that now would be a good time to invest.

As investors you have no work to do yourself and the company behind WBwso have refined their processes for it to be highly automated. This enables a fast turnaround and provides continuing opportunities.

There are a wide range of payment options including AlertPay, Liberty Reserve, Perfect Money and cGold.

HCI25 still offline but more information made available…

As the saga of the missing HCI25 website continues there is still no forecast for when the site will be available again. We can only wait and see what they eventually come up with when they re-launch.

It does seem that some people have received a separate update by email (I wasn’t one of them) that suggests it shouldn’t be too long to wait now, we will have to wait and see.

The update also indicated that members may need to re-submit the original details for when they joined including payment references for investments made. If members are able to login without any problem when the site returns they shouldn’t need to re-submit things so it’s important they try to login before sending any info.

As much of the HCI25 team appear to have been on holiday over the Xmas break we probably won’t see any real movement until next week so I’d suggest you make a note to check to see whether the site is available on Wednesday or later.

The message is still being given that all investments are totally secure and still earning so hopefully once the site comes back we will be in a better position to know what the future plans are.

HoldingInt is Holding out to VanFund members…

At the end of November Vanfunds notified their members that they had made the decision to sell to HoldingInt based in Hong Kong. The message was that this would ensure members continued to receive a premier service and be part of a major financial institution.

To say this came as something of a shock to existing VanFund members would be understating things hugely. There was no prior indication and we were not given any option in the matter, our funds were transferred immediately.

So, what’s happened since then? Well as far as I can tell nothing of any importance to VanFund members. No communication whatsoever and no timeline for when we will be able to access our funds.

In an effort to find out what the plans are I contacted HoldingInt by email on 22 December. As yet I’ve not had a reply but given the holidays I’ll give them the benefit of the doubt until early next week before making any further enquiry.

In my email I made the point that online investors are very sensitive to the level and frequency of communication they receive and wanted HoldingInt to provide some indication of what news we would get and when.

To me the fact that nothing has been communicated for nearly a month is not very professional and at the time made the statement that the VanFunds website should have been retained until the transition is complete.

Hopefully 2010 will bring greater clarity and openness from HoldingInt but we need to see some positive move in this direction very soon.

QCOOPERS offers a twist on the RPP model…

Many online investors have come across Reverse Pension Plans (RPP) as a passive investment opportunity over the last few years. In fact, there are several either coming to a close or already closed. Frustratingly none of those that have closed to new members has yet paid out.

So, you’d probably think that my introducing another passive investment that works in something of a similar fashion to an RPP would be unwise.

And yet, I do believe QCOOPERS may just be different enough to be worth further investigation. The programme has been created in association with seven companies that have agreed to perform distinct tasks in order to succeed.

Before I get ahead of myself let me explain that QCOOPERS is just one investment opportunity being offered by Quatro Worldwide that is a company originating in Europe. If you join the main company you would be able to get involved with 4 existing opportunities and there are plans for more to be introduced on a regular basis.

However, QCOOPERS is being offered to investors who are not members of Quatro Worldwide and this means that you are able to make a relatively modest investment. Assuming that the offering is a success it is clear that other offerings from Quatro Worldwide would be of great interest and hence membership of the parent company would rise quickly.

In terms of the QCOOPERS it requires a one-off investment of €60 (payment by credit or debit card). Note that this is just an Administration fee and is not refundable. When the required number of plans are sold (30,000) then the company estimate that payouts would start between 8 and 12 weeks after.

You should know that full members of Quatro Worldwide (€195 membership fee) have the chance to purchase multiple policies at €60 each. Non-members can only invest in one.

Whilst that might sound somewhat limiting there is a carrot dangled in front of you. The 30,000 limit is actually the first of 5 phases. So, if payouts occur how quickly do you think the second phase (limited to 60,000) would take to fill. My guess would be very quickly. But you will have to be a full member to take part in stage 2 so you can see that membership could grow very quickly.

The other interesting point revolves around the payout. Assuming that you make a single investment the return is €60,000 but this is not paid out in one lump sum. You receive a lump sum payment of €11,000 and then twelve monthly payouts of €3,000. The remaining €13,000 is provided as investments in other Quatro Worldwide investments.

I won’t go into any more detail as this post is long enough already. If you would like more details I have the date and times of webinars that are scheduled between now and Monday 21 December. If you would like information please send an email to qcoopers_at_onlineinvestingguru.com (replace _at_ with @). Subject Line should be ‘More Details Please’

Closing the doors in 2010…

Before we know it 2009 will be just a fond memory and all our attention will be focused on profiting in 2010.

Whilst a laudable sentiment I just wanted to flag for readers that two online investments have stated that they will be going private in 2010 and if you don’t prepare you may miss out on golden opportunities.

Today I received an email from CashTanker announcing that in 2010 they will go private. The admin says that withdrawal issues have been sorted out and everything is looking good for payouts to be made starting next week.

The announcement says that CashTanker will go private from January 01 2010. Now, it’s not totally clear how long registration will stay open for so if you want to join I’d set a reminder for the first day of 2010 to help you remember. Minimum deposit will be $25 and as they are having problems with Strictpay you won’t be able to use that payment processor.

Compounding will be restricted to 800%, after that daily interest will not compound. Maximum number of referrals will be 5 (although if you already have more than 5 you won’t lose them).

My advice would be to wait and make sure pending withdrawals are made and then on 01 January review what plans CashTanker make available and decide then whether to join or not.

Some while ago Gold Nugget Invest announced that in 2010 they would go private. This intent has not changed although as yet I’ve not seen any formal announcement re dates and the like.

Personally I wouldn’t be waiting any longer than I have to to join Gold Nugget Invest as they are proving to be very resilient and maintain a highly professional approach in their dealings.

Their new website is working very well and has a very nice user interface which is fast and intuitive.

My recommendation here would not be to wait and join as soon as you are able. Just don’t wait too long or you may miss out altogether.

World Pension Plan (WPP) closing soon?

Which Reverse Pension Plan (RPP) is likely to get to the finishing line in first position? Actually the question should probably be which RPP will make payouts first as there is still uncertainty over this issue.

The continuing poor communication is a source of frustration to many and does the providers no real favours.

However, as the end of the year draws ever closer it seems that World Pension Plan (WPP) are making optimistic noises about closing applications and starting the validation process. As other typical RPP’s to become a member you make an investment of $55 per contract. When payouts commence you will receive $80,000 as recompense for waiving any rights to the related pension plan contract.

In an effort to close things out quickly they have an offer where if you purchase 6 contracts or more you will receive a free one for each. Given the small number of reported contracts remaining this should easily be achieved hence the assertion that they may close soon.

As ever nothing with RPP’s is straightforward and it would seem to me that in reality we may have to wait a little longer than logic would tell us before things finally close but there does seem to be an opportunity here to join near to closing.

I have made a single investment at WPP as I wouldn’t want to miss out if it closes shortly but I don’t want to tie up a lot of funds if things drag out. Let’s hope we hear some good news before the noughties are over.