Giving Credit Where It's Due

I received a few emails from readers of my Blog here wondering why I am
not mentioning True Earn in my articles more often and what the status is
there. The fact is that I should be giving more credit to where it's due.

Scott, the Admin has brought his short plan HYIP,True Earn , far above any
of the "competition" or similar programs proving these can be run beyond
the two weeks or less than the majority that launch, where Admins decide
to stop paying, hording the cash for themselves.

The latest stats from Scott from the 28th of May...

TrueEarn has managed to attract over 9000
members now, has collected over$820,000
in deposits and paid out close to $310,000 in
withdrawals.


I have paid out is only about 40% of the total deposits,
which means that members are reinvesting more money
than they withdraw
.

I see no reason why Scott would manipulate these numbers since he has
run an honest program to date. Being in my "comfort" zone I continue to
reinvest with a percentage of my profits from True Earn and currently have
a 116% after 4 day plan running. Keep in mind, however, things can change
in a hurry with HYIPs, so it's wise to stay informed.

On the flipside...concerning GoldWay Money, I have dropped it after my plan
expiry yesterday and being paid very quickly...within 5 minutes actually,,,but a
few red flags popped up mainly with members accounts being tampered with
and no fix happening from the Admin. If there were no issues, I would of continued
on. I expect this "short timer" to run another couple terms but that's just an
assumption on my part.

Closing for today...the latest with The Rock or RockSolidFund is that there is
a temporary minimum withdrawal limit in place of $5 while Tony the Admin
is in the middle of a mini vacation with his family. Apparently he was getting
bombarded with daily withdraw requests while he is away for small amounts
as low as .04 cents. With Payment Processors taking a fee out of that each
and every time, I don't see a member gaining with these transactions.



Perhaps a permanent $1 minimum is reasonable but I usually let my account
balances in programs run up over $5 anyway. With payment processors, think
about it as your Government and every purchase you make...they have their hand
out.."come on, fork over some more to cover the taxes"... bringing down your bank
account balance.

.
 

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Comments

  • 5/30/2010 7:21 PM blondie wrote:
    And I'd rather see you post about Team Ca$h Cow more often.
    I mean seriously, for a 5$ membership fee to be in the Team forever, and only 10$ to join the first program ... how can anyone go wrong?
    Cheers,
    blondie

    Thanks for your comment Blondie. I'll add "The Cow" in my next article.
    Just finished reading your last post:

    The Cow and more...

    Gord
    Reply to this
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