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SFGQ HYIPJourney into Internet Financing
11月2日 November 2 2006 Update and Special Report: Rog's OfferThis has been a bad month in the HYIP Land. Here is my overall analysis. I have also saved the detailed analysis on Rog's Offer at the end of this report.
Good
KAOnline: I am in profit by 38% above the original invested sum. I am very happy with KAOnline as it currently shows no signs of retreat. My confidence in the program has allowed me to upgrade my investment with KAOnline to 50% compounding.
SGFH: The program had a small payout on September 5th. However, I believe that the program will pay more interests in a few days once their profit report comes out.
Club FX Traders: I like how PeterB conducts business. Sometimes he gets too technical but it shows that he knows what he is doing.
Europe Trade: I am in profit and have decided to compound my money with them for a while.
HYIP Pool: It still pays my $0.01 / day. I think it's a good program to sign up with if you want to make sure that your e-gold account is active and has no withdrawal value limits. :)
SFGQ Investment: This is the best in the business because I am behind it. :P It was launched officially yesterday. I am in this with 5 figures. Hopefully investors will see the value in what I propose.
Bad
OSC is blown out of the water as I expected from my October 1st report. I have already written this off in the last report so it doesn't change my balance sheet.
NYSE Brokers after 18 days of non-payment, actually paid me my principal + 2 months worth of interests after someone almighty helped me talk to them. I can't disclose his name but my analysis is that NYSE Broker will be gone very soon. Anyways, I am in profit with NYSE Brokers in the strangest way.
Rog's Offer is not paying. After following the thread carefully for 2 weeks, I have concluded that this program is better off written as dead than to keep false hopes. I have subsequently written off my investment in Rog's Offer for my HYIP Financial Reporting as it applies to my BottomLine. More details will follow below.
BottomLine:
I am at 27%+ return above the original principal invested for my overall HYIP portfolio.
Special Report!
Rog's Offer upsets me greatly for various reasons and it's not even about the money. I will discuss it as if you have never heard of this program.
Rog's Offer has 3 programs offering 3 types of returns. They all have "personal guarantee" stamped all over them guaranteeing the principal. Sounds fair, right? I mean, geez, it's no risk at all. Why not do it?
Everyone, including me, trusted Rog. If you look at my earlier blog, you will see that I even pledged all of my interest income to Rog's Offer for the meantime. Throughout October, I have then given Rog all of my interest income even my NYSE Brokers money that I barely just got back. We trusted Rog for a few reasons: 1. He has been paying. 2. He is a senior member of the HYIP community. 3. He is allegedly a former offshore banker and 4. We wanted to believe.
Something went wrong here and really, even I was fooled. So what went wrong here? Let me detail the recent history in October:
1. Rog switched the window of payouts for Trade 1 in October. That was a minor move yet my take on this was that it signaled a cashflow problem. I was still naive enough to defend Rog and tell everyone that it's OK as long as he pays within 60 days. I was wrong and that was my last defense of Rog's Offer.
2. Rog decided to pull a "System Withdrawal Limit" stunt to stop paying investors. That part is understandable only if the program is legitimate and we can continue to accrue our "200% return per 60days" including our past period's accrual. That did not happen and worse yet, literally most of the rollover interests are accounted as gone. People continued to cheerlead but here is my take on it and I got lynched by Rog's supporters:
A. We have no way of telling what Rog is doing with the money and if it was indeed making money instead of losing money, we'd be screwed over our profits. This is what bad business partners do to you.
B. Because we have no control or access to our investment money, we rely on Rog's integrity as a businessman to pay us the agreed profits by the due dates.
C. If the program was indeed losing money, he still personally guaranteed our money 100% and we should have the option to withdraw our investment when the "contract term of 60 days" is up. We should be allowed to withdraw our 100% principal and walk away because this is "100% PERSONALLY GUARANTEED."
D. Cheerleaders keep on saying, "No one lost money in Rog's Offer. Did you? So shut up!" My take on it is that we lose money when we effectively lose control of the money payout. When we have no control over our payment amount and payment timeframe, it's as good as lost. It becomes one of those bad debts that gets written off at the end of the year by your corporate accountant. Sure, Rog promised January 15th, 2007 as the payment date but do you really have a choice to withdraw, ponder the offer and then reinvest? No. So Rog breached the contract agreement not only by not paying you the interests but also by the fact that you have no access to withdraw your principal previously agreed upon.
E. PPP1 Trade options are deferral tactics. It's like saying, "Hey, I can't pay you but why don't you wait for a while and I will see what I can do to pay you off in 4 months?" This was forced. It's something companies do to defer Accounts Payables when they have cashflow problems. Bingo, it's same as Condition 1 above.
F. I decided to test the water on behalf of some of my close investor friends by firing off a legal demand email. This was more of a test of Rog's professional experience as a banker rather than anything else. Most people didn't understand and lynched me again but here is truly what happened. I fired it off and asked him to address my account for its past account interests and to be paid at least PPP1 interests and to allow me to withdrawl AND to address the forum regarding our questions and concerns. If not, I'd pursue legal investigations. Get this: Rog sent me back a standard response email that he sent to everyone else immediately and then addressed the forum exactly as he addressed me with the same ambiguous response. At that point, I knew we all just got scammed. Here is why:
1. An experienced banker under a legal demand letter would take the time to seek legal counsel or have his legal contacts get in touch with me instead of sending me a b.s. counter-demand letter. There would be no way that an experienced banker would reply immediately without carefully rewording his thoughts and ensuring that I would be satisfactorily answered.
2. The response was ambiguous but it made certain promises again which would then be used as "paper trail."
3. My questions were still not answered or addressed specifically at Rog's RISK of being legally investigated. Why the heck would a bank owner be so careless?
My final conclusion is that Rog was never an offshore banker and even if he was, he wasn't a good one. In reality, this is what happened: we invested in someone that we didn't know who decided not to pay us the decent courtesy of valuing our business by giving us the right options to our money. That is a fact.
10月25日 SFGQ's Offer: 20% per Year. Personal Guarantee. DD Offered.November 1st, 2006: Launch. Updated: 11/24/2006. Ever since I posted on my signature line: "PM Me if you want 20%/year ROI, DD and 100% personal guarantee" I have received many inquiries regarding the offer. Instead of emailing everyone, I would like to detail the program below. Program Background: I did a 130 page research thesis paper on forex arbitrage and related statistical analysis for my grad school program. Ever since then, I haven't thought too much about it until I came across HYIPs that were claiming unbelievable profits. I decided to put my research into practice this year and have since then been able to produce 5%/mo risking very little trend-based fluctuations. I have also put in 15k of my money testing various failure points to ensure the integrity of the strategy and its failure limits. From what I have gathered so far, investment in my arbitrage strategy won't make you millions but it will sure return at least 4 - 12 times the going rate of USD interest rates at your local banks. I am taking the low number of 4 times as a personal guarantee at 20%. My fees are exactly what I can do to maximize the investment above the 20%/year. The dollars and cents: Program 1: 20% ROI in 12 months. Minimum = $500 before Feb 1st, 2007 and Minimum = $1000 afterward. DD verifiable by one of the HYIPD DDers. I personally guarantee the principal and the return. You put in $1000 today via wire. In 12 months, you will receive $1200 via wire. I absorb all wire fees on my accounts in the process. Program 1 Monthly Payout Option: After the initial 12-month contract matures, you will have the option to receive monthly interest payouts from your balance. This is designed for investors looking for monthly income stream. Program 2: 8% ROI in 6 months. Minimum = $500 before Feb 1st, 2007 and Minimum = $1000 afterward. DD verifiable by one of the HYIPD DDers. I personally guarantee the principal and the return. You put in $1000 today via wire. In 6 months, you will receive $1080 via wire. I absorb all wire fees on my accounts in the process. Transaction: Bank Wire USD and EUR Accepted. E-Gold USD-based Only. Lock-in Period and Early Withdrawal Penalty: The minimum lock-in period is 3 months. If you choose to withdraw after 3 months, you will lose all interests accrued and will need to pay for a $75 transaction fee (wire out from trading and wire out from my bank). Due Diligence: I will give a copy of my passport and my ID notarized by the court, not just by a public notary, to two HYIP community DDers. The same individuals would also have access to the read-only interface of the trading account(s). Monthly Audit: Investors' Money will be secured by the Equity Available in the Trading Account(s). The audit will be performed by a third party on a monthly basis. The third party is either a reputable HYIPD DD'er or a certified accountant who by the law, is reporting the accurate financials. Fraud and Trade Secret Loss Prevention: For the program's protection: you will be signing off on a loan document and my signed acceptance of your loan prior to my disclosure of the wire instructions. An NDA is also signed. For your protection: Your loan information is completely confidential. For security purposes, I need a copy of your ID with your name which is the same as your wire originating bank. No one can alter your bank account wire instructions unless precautionary ID-based verification is notarized by your local notary or your local court. For those of you that have suffered web-based hacking into your investment accounts or your e-gold accounts, you will appreciate the extra step that I am taking to ensure your investment is safe. Personal Guarantee I guarantee the loan up to its maturity value, not just the principal. Why Should You Invest? This is the only program that I know in the HYIP Land that offers DD and Audit-based Principal and Return Guarantee. This means I, a real verifiable trader, owe you the principal and the return until the money is paid off on the day that the money is due, regardless of whether my programs make money or lose money. If you are constantly losing sleep over your HYIP investments (no DD, programs may disappear, etc.), my conservative program offer is your solution. Your risk is minimal. If you really want to play safe, you would only invest the interests derived from my programs towards your other HYIP programs. Estimated Fund Raising Before Closing to New Investors: 50K - 100K. The Next Step: Please email me for an NDA. Upon sending me back your executed NDA, I will email you an account application. Once your account application is approved, I will provide you with the deposit information. Upon the receipt of your deposit, I will email you a confirmation which starts the accrual of your interests on the day of the confirmation email. One month prior to the maturity of your contract, you will receive an Option Email which will allow you to 1. Continue to invest; 2. Roll XXX amount into a program and withdraw YYY amount into your bank wire, or 3. Withdraw all and Deactivate your Account. ================================================== ========= Managed Account Program Offerings: updated 11/24/2006. Hello Everyone, many of you have expressed interest in my MA programs. Once you become a member by joining Loan Program 1 or Loan Program 2, you will have access to the following Managed Account (MA) offerings starting in January 2007: Conservative MA Program: Conservative Return but almost no equity loss risk: Annual return should be in the 40% - 60% / year range. It's the least stressful program for me and for investors. Minimum Entry: $2000 Commission: $30% Profit Sharing + 0.5 pip per lot. Medium Risk and Medium Return MA Program: Monthly Return should sit in the 10%-50% range. The risk of temporary equity loss unrealized is roughly 20% or so at any given day but would not exceed that. The temporary equity loss unrealized means that the fluctuations in the market have not yet been normalized from arbitrage and the trade positions are in a down cycle. Once the cycle changes for the positive to close in the positive range, you "realize" the gain by closing out the trade positions to book the profits. Minimum Entry: $2000. Commission: 30% Profit Sharing + 0.5 pip per lot. High Risk and High Return MA Program Upwards of 50%+/mo - 200%/mo. Leverage is optimal and the RISK of being margin-called exists weekly. Margin call isn't a bad thing really. It's just psychologically stressful when you see that you lost 75% of the equity temporarily and wonder whether you will ever recuperate this back. The answer is of course, yes but I don't recommend this program for regular investors. The stress will kill you if you don't have Conservative or Medium Programs as your psychological foundation. High Risk MA Program is currently in the testing stage as I am still trying to refine the risk to reward ratio and probably won't be rolled-out until summer 2007 after Loan Program 1 and Loan Program 2 investors receive their returns. Minimum Entry: $25000. Commission: 30% Profit Sharing + 0.5 pip per lot. MA Recovery Program Limited Offer: Up to 10 first round members joining before December 15th, 2006. You lost money in another Forex MA Program with someone else. You are able to prove the deposit amount, total withdrawal amount and the remaining equity amount. You apply for admission into the program with full knowledge that I won't charge you a profit sharing commission until your equity returns to 100% of your original amount (deposit - withdrawals). After your equity has returned to the original amount, you agree to let me trade your account for at least 6 months at a 40% profit sharing rate for all profits generated afterwards. You will not withdraw any fund within the initial 6-month profit-sharing period. The strategy for recovery is a hybrid of High Risk and Medium Return Strategies notated above and a Medium Return Strategy applies for the initial 6-month profit-sharing period. Minimum Entry: $1500. Commission Charged: 0.5 pip per lot. No profit-sharing commission until 100% Equity Recovery. 30% + 0.5 pip per lot Profit Sharing afterwards for a minimum of 6 months. ***Disclaimer: The risk and returns notated above may fluctuate hence the performance is not guaranteed. Investments may lose value. No personal or bank guarantee applies to MA programs offered. Customer Service: You can contact me via email directly at: sfgqhyip@hotmail.com for further questions and arrangements. 10月11日 October 11, 2006 UpdateEurope Trade Ltd has become profitable for me. I like the way they manage their payment and compounding system. I have decided to compound 100% for a month or so and see how it goes.
GoldBizz has become profitable for me this month. After my last withdrawal to be in profit (and received the fund in e-gold), I can't seem to access their website anymore. Maybe they are out of business.
NYSE Brokers is busted.
Silver Gate Forex Hedging had a disappointing month of profits in September at merely 2% return. Hopefully they will improve in October. The profit paid for my busted NYSE Brokers principal. So at least that stabilized my equity.
Rog's Program had some payout window changes. Understandable since the funds being transacted are increasing in size.
KA Online remains to be strong and stable. I am 4% of withdrawals away from being in profit with KA.
I haven't had a chance to look into other programs at the moment. However, as more e-gold frees up, I will start investing into Global Forex Club, Ibiza Traders, GigMutual and other programs.
Administrative Note:
I have sent in my DD documents certified by the district court to e-Gold to ensure that my e-gold account is completely verified. I am pre-empting the block of my e-gold account should some scammer falsify my identity or complain about my account for whatever reason it is.
Have a profitable month!
10月1日 October 1st 2006 UpdateSeptember has been an exciting month. Let me run through the programs:
Failed HYIPs:
Hawkins Capital stopped paying. What can I say? I like the way they are organized but I lost a few dollars. Next.
Offshore Club: Unable to fulfill funds due to financial instrument problems. Lost $130 or so. They may come back or they may not. I have already written this off.
FX Experts: The fund remains to be in trouble. No payment or news of refund has been released. I have also written this off.
Paying HYIPs:
KAOnline paid my weekly IDFs and my monthly AA. I am 4% away from being in profit.
Europe Trade is still 12% to go before I am in profit. It should happen sometimes this month.
Club FX Traders paid me some interests. The fund admin seems like he knows what he's doing.
Goldbizz is now 7% more to go to be in profit.
HYIP Pool keeps on paying my $0.01 everyday. It actually costs me more time to account for it than getting paid. I am 65% more to go to be in profit.
Payment Pending HYIPs:
Rog's Offer is the new fund that I am capitalizing from my interests. As of today, it is my 2nd largest fund right after KAOnline -- after I reinvested the profits from KAOnline towards Rog's Offer.
NYSE Brokers is supposed to pay me the principal + interests in two days. Let's see how that works out.
SGFH has dividends to be released on the 5th. We will see how well they traded this past month.
As of October 1st, the overall Return on the Original Principal Invested: +35%.
9月21日 3rd Week of September UpdatePooled MA Account: I have received much more interest for the Pooled MA Program this past week. It looks like we will have the Pooled MA Program up and running by November 1st. It's great that both Propellertop and Azbofin have volunteered to serve on the Board. Both of them have business management experience and I think they will do well on the Board. I will have to make this announcement next week for the investors.
HYIPs: I have pledged to put most of my HYIP interests to Rog's Program before December. So far, I am rather positive and confident of Rog's Program. Besides the failure of Hawkins Capital which I lost a few dollars, I am rather happy with all of the invested HYIPs this month. The beginning of October will prove to be an important time as some of the programs will reach the "In-Profit" Status.
As of today's writing, I have a 10% return on the original principal invested.
Issues regarding some HYIPs:
Silver Gate Forex Heding: This program was heavily invested within the past 30 days because Udachu's reputation backs this fund. I can't say that I like this program too much given the low-medium returns, principal lock-in period and the 30% management fee. However, I think this fund has great potential to be one of the few long-term winning Forex HYIP funds based on the trading style.
Rog's Program: This is probably the favorite program in the HYIP land right now. It has a lot to do with how Rog presents himself and how his past few years' involvement in the HYIP Land has gained him the credibility and trust.
KAOnline: I have sent Ben a private email suggesting to perform Due Diligence based on having an attorney or a CPA come in for a review and certify the relationships without disclosing the "trade secrets" or "contact information" of the parties involved in KAOnline's program. He said that he will push for it in October. Ben's reply can be read as a half-filled glass and investors can look at it positively or negatively depending on their tolerance of risk.
Offshoreclub: This program remains mysterious to most investors and will probably remain so for a while. We just know that it works and it continues to grow its infrastructure to be more robust every month.
Hawkins Capital: I wish this program would remain open for a little bit longer. I like the fact that they just send you the e-gold everyday and notate it with a memo as an XXth payment. It really makes my accounting way easier. Anyways, it's busted.
Club FX Trader: I have written PeterB, the admin Club FX Trader. This program is treated as a loan to him for 20%/mo interests. I am hoping that he will continue to do well with his trading.
NYSE Brokers: While I actually wrote this program off my books as a loss a few weeks ago, this program actually came back to life and should pay me full interests and the original principal in the beginning of October. Hopefully they will deliver.
HYIP Pool: This program pays but it sucks. Don't join. The admin never responds and all I ever wanted to do was to compound my $0.01 daily interest to my investment. The interests are low and the admin is not responsive. It's not worth the time for me to calculate the pennies in my excel spreadsheet.
Until next time, be profitable, everyone!
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