The Genius Fallout

Since Genius Funds went offline back on the 11th or 12 of March, there has
been a steady slew of updates, not from Genius itself but from sources which
are not reliable and I don't believe. I'm still in a "wait and see" mode here with the
latest today being...up and running at 3PM on Thursday.

I figure it's dead in the water but still no official word so you never know. Who's
going to invest now anyway and even if there is outside revenue...no way it can
keep up with hundreds of members withdrawal requests if it ever surfaces again.
No matter what they or anyone is invested in...there's going to be a scatter loss..it's
not all profit and gain. Losses and fees causing attrition will whittle away at principals
put in outside investments like Forex or whatever. With no funds coming in the
front door..it's only a matter of time and then the Admin is forced to close.

Over the last few days the "fallout" from Genius can be seen and felt where HYIPs
are failing faster than ever along with some long running programs. No doubt
they were relying on Genius's ROI as the backbone for revenue. A term called
"piggybacking" here online. Akin to a Remora attached to a Shark...when it feeds,
these guys gobble the leftovers. No work...just hang on and watch Jaws hunt and
provide for them. I must say...that was a good comparison...lol.


I'm sure the fallout will be felt for some time yet however when it comes to HYIPs
and surfs...the recently launched will emerge from this cloud and investors, Admins
alike will continue to seek a replacement for Genius. However always remember
launch day is the beginning of the end..unfortunately we don't know when that will
be but there will be an end.





    
 

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