Saturday, June 26, 2010

MNO & Seven Star Profit

Hello, and welcome to my first post about the HYIP industry!
Today, some very unique events have occurred, some of which inspired me to post this blog up here today. For a start, just when it seemed that Money News Online was just starting to get a bit more honest, he made me think twice again. After talking about a new short term program (which I will address later) called 7-star-profit, he made this comment of Fast Bucks Pro paying out refunds to all its members, and how this was a great thing. Now this would have been a great thing - if the payments had actually been made to all it's members. In truth, these payments were only made to a select few of Fast Bucks Pro's members, in addition to a small, randomly selected crowd. The reason for this is that Fast Bucks Pro needs to pay off it's own costs. No Hyip can afford to refund it's members, even to the amount they promised to refund, because of the high cost of running these types of programs. Advertisement costs alone are probably huge, especially for a heavily promoted program like Fast Bucks Pro. The bottom line - HYIPs will never refund you unless they are a real program. Even if the admin wanted to, there is no way he could without digging into his own pocket, which HYIP admins simply will not do.

Regarding Seven-Star-Profit, I actually believe this program could actually make a difference for a few people - especially if you got in when it started, or you go for it's shortest term plan. The 2 reasons why I think that this high ROI program might actually make it a few more cycles are one, because it's plans are constructed nicely. If you look at the terms of the plans, the second plan's term is one day shorter than twice the first plan, and the third plan is one day longer than twice the second plan. Usually, a plan setup like this where the next level plan is about twice the lower level plan, makes for a bit longer life span - especially considering that this one was reviewed in MNO. The theory being as follows: Most people will go for the middle term plan, where a few will go to the outer two. This, if the theory works perfectly will cause the program to last up until the second round of the middle program, and not make payments on this day, easily lasting long enough for us to make 17% profit from the 4 day plan. For my second reason, it is that this program was getting some traffic BEFORE getting reviewed by MNO, meaning that it can survive without help. This could also help the program. However, there is one property of this program that is greatly disturbing: The second 7 day plan actually pays LOWER than the 4 day plan. The only advantage is it pays daily. In other words, their plan setup falls apart. This not only is bad for the program, but also shows that the admin is not very experienced. So, while I would give this program a yes, I would still invest warily because of that last problem. We are relying on the fact that there is enough people blindly following MNO that this program can survive this potentially fatal error.

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