Happy Halloween! I will not be out and about as I am too busy making money on the net. Plus, I don't have a costume, so I couldn't attend any parties anyway. :)
OK, I got hammered by a flood of emails from GNI, so I have to find out why it happened yesterday. I'm assuming it is a server glitch but will need to verify that.
TRS is still strolling right along, and rebates will be calculated in 6 days and paid Nov. 15th.
Genius Funds is still paying as always, so nothing to add there.
My flips-flops are selling well and I'm working to improve the site. I'll put up a link soon so you can see what I'm selling on the side. The footwear is made by HushPuppies so you know they are exceptional quality. The price may seem a little high, but if you get involved as a wholesaler, it is a very sweet business.
My Market Shares is paying a bit less in rebates now, but that is actually a good thing since it ensures the program will continue for now. I believe it is better to make less, then to lose your money altogether.
Pszota is paying and paying on time. They weren't answering support tickets for a couple of days so people got nervous. Not to worry, here is an email I received:
"I am very sorry to have been away this past week., It was unexpected family emergency..My assistant handled as many payments as possible but was not able to handle support tickets., I will be working on these myself as soon as I am settled., One thing is noticed is that some members have bashed the programme on rating sites.,, please be aware this is members who either got the bonus alertpay or fraud members I suspended for opening many accounts to take advantage of the bonus award system.., As of right now all bonus is being stopped.,, I had tried to offer a good thing for members but like anything is has been abused. The members that have already gotten the bonus are ok it will stay earning for you for the future. Members who did not get the bonus I am sorry but no more bonus will be issued.
The addition of Strictpay has been a great success,, many members have chosen this processor and it is more popular than Alertpay and Liberty Reserve for us.
I will send more updates in the coming days ahead as I am more caught up to speed.
George"
So it is ok for now and I expect it to continue well into next year.
That's all for now, have a safe and Happy Halloween and I'll be posting next week :)
Jerry Jon Walbert
Saturday, October 31, 2009
Sunday, October 25, 2009
Finally, an update 10/25/09 from Jerry Walbert
Whelp, first off, I had a blast at Knott's Scary Farm. Driving a Scion to help the pollution here in SoCal, I got in free. Toyota paid Knott's for a special night just for Scion owners. I donated some toys to the Marines' Toys For Tots, so I gave back something. Monsters galore roaming the streets and lots of scary rides and mazes. I like to stop and talk to some of the "actors" and that throws them for a loop. They expect me to be scared, but I'm way past that. I go to see the costumes and special effects. I took my girlfriend and she did jump a few times in some of the mazes, hehe.
OK, back to business,. Pac4All is benefactoring some members who were not in profit into some new cycler. They are paying the $10 entry fee. They are claiming you will get back $2,000 rather quickly if you get in early. Hogwash. It's not economically feasible. $10 into $2,000, think about it. However, I am going to put in the $10 because I do believe I will at least get that back plus maybe a little bit more. I'm pretty positive I surely won't see $2k back. I will post a link when it goes live as we are supposed to get in before the general public is exposed to it.
Some admins that read my blog won't pay me to sponsor them. Why? Because I'm brutally honest. I am not a referral hound that will tell you anything just to get a commission off of you. People like that make me sick. It's funny how I state the truth in forums and I am told I am "negative." Oh, sure, a program stops paying and then runs with my money and I am supposed to be a cheerleader for them? Give me a break. If you follow my blog, you will always be told the truth from whatever information I am able to obtain. If you are a program that is paying and doing well, I will give you some praise and put up a banner.
I am not saying I will always be right about a good program. Stuff happens. But what you will get from me are programs that are the lowest risk in this type of arena. There are so many short term HYIPs and surfs that run quickly, it is disgusting. Right now, Revenue Shares are cooling off, many are changing their structures.
As always, I will do my best to look out for you, and I will be searching for the next hottest fad. I think it's time for cyclers to re-emerge and I will be watching those closely.
Oh, I heard a rumor that ProHYIP is going to re-open soon, so I will keep you informed of that. It was a shock to me it closed so soon, but I think some factors happened and it was NOT due to a bad admin. I am in a new one called Pszota, and should run for a bit. Click the the text or the banner at the top if you would like to see more. Every banner I have up is paying, I certainly won't have one up if it is scamming people.
Oh, I took down the TRS banner because it is now closed to anyone wishing to take part in the revenue share. It is still open to buy advertising, but I'm pretty sure you are here to make money along with me :)
Stay tuned for more ...
Jerry Jon Walbert
OK, back to business,. Pac4All is benefactoring some members who were not in profit into some new cycler. They are paying the $10 entry fee. They are claiming you will get back $2,000 rather quickly if you get in early. Hogwash. It's not economically feasible. $10 into $2,000, think about it. However, I am going to put in the $10 because I do believe I will at least get that back plus maybe a little bit more. I'm pretty positive I surely won't see $2k back. I will post a link when it goes live as we are supposed to get in before the general public is exposed to it.
Some admins that read my blog won't pay me to sponsor them. Why? Because I'm brutally honest. I am not a referral hound that will tell you anything just to get a commission off of you. People like that make me sick. It's funny how I state the truth in forums and I am told I am "negative." Oh, sure, a program stops paying and then runs with my money and I am supposed to be a cheerleader for them? Give me a break. If you follow my blog, you will always be told the truth from whatever information I am able to obtain. If you are a program that is paying and doing well, I will give you some praise and put up a banner.
I am not saying I will always be right about a good program. Stuff happens. But what you will get from me are programs that are the lowest risk in this type of arena. There are so many short term HYIPs and surfs that run quickly, it is disgusting. Right now, Revenue Shares are cooling off, many are changing their structures.
As always, I will do my best to look out for you, and I will be searching for the next hottest fad. I think it's time for cyclers to re-emerge and I will be watching those closely.
Oh, I heard a rumor that ProHYIP is going to re-open soon, so I will keep you informed of that. It was a shock to me it closed so soon, but I think some factors happened and it was NOT due to a bad admin. I am in a new one called Pszota, and should run for a bit. Click the the text or the banner at the top if you would like to see more. Every banner I have up is paying, I certainly won't have one up if it is scamming people.
Oh, I took down the TRS banner because it is now closed to anyone wishing to take part in the revenue share. It is still open to buy advertising, but I'm pretty sure you are here to make money along with me :)
Stay tuned for more ...
Jerry Jon Walbert
Monday, October 12, 2009
Update 10/12 from Jerry Walbert
Wow, a lot has been happening. First, Pac4All just up and closes. The admins claim that the deposits suddenly stopped coming in. This being a ponzi, naturally the program will collapse when this happens. Their attitude is just short of appalling. They merely throw up their hands and say "Oh, well, you knew it was a ponzi and you knew the risk when you joined." Oh, sure, they promote the heck out of it, pushing it on everyone. They offer these special bonuses if you put in fresh money. Then , they close the program. Ethical? Hardly.
These 2 women admins had a previous program that failed. so, they open another one. When that begins to fail, they open a 12 X 12 ponzi, claiming they are "helping" people. Taking people's money by scamming them is helping them right? I think not. Now, they have the nerve to push some new programs, claiming they will "help" those that lost money. And the sad part is, some people believe these criminals, and will defend them and put money in the new programs.
Makes me think of a couple quotes. "Fool me once, shame on you; fool me twice, shame on me." Also "A fool and his money are soon parted." The admins are experts at playing with people's emotions, and therefore sucker them into losing money. some do make money if they time it right. I wewnt in for 2 cycles, and then stopped because I knew a 12 X 12 will never last long. The deposits were already over $1.5 million, so I knew it couold not sustain itself much longer.
They are based in Belize, so it is impossible to go after them for fraud. I highly recommend you avoid any projects these 2 are involved with and to spread the word. Eventually, people will become wise to their antics and stop supporting these scammers.
Second, My Market Shares had a terrible server crash which brought down the program. At first it seemed they might have scammed. But Margaret has been fairly good with email communications letting members know what was happening. Currently, they are restoring accounts using backups and having some make new accounts if the data was corrupted. I believe in Margaret and think she is honestly trying to make a go of her program.
Global Revenue Share has been a fantastic program since its inception. But now they have decided to change the business model. I believe this is due to the fact that they can no longer continue paying out the 14% a week in RS. True Revenue Share just opened recently as a spin-off of GRS. It seems GRS wants to follow the exact same business model as TRS. This means a greatly reduced return on your "investment." Instead of 14% a week, members will now get up to 20% max per MONTH on purchased advertising. This was done to ensure the longevity of the program, so I continue to endorse them. It is better to make less, then to have the program close and your money is lost.
Hang in there, I am always on the watch for good programs.
Jerry Jon Walbert
These 2 women admins had a previous program that failed. so, they open another one. When that begins to fail, they open a 12 X 12 ponzi, claiming they are "helping" people. Taking people's money by scamming them is helping them right? I think not. Now, they have the nerve to push some new programs, claiming they will "help" those that lost money. And the sad part is, some people believe these criminals, and will defend them and put money in the new programs.
Makes me think of a couple quotes. "Fool me once, shame on you; fool me twice, shame on me." Also "A fool and his money are soon parted." The admins are experts at playing with people's emotions, and therefore sucker them into losing money. some do make money if they time it right. I wewnt in for 2 cycles, and then stopped because I knew a 12 X 12 will never last long. The deposits were already over $1.5 million, so I knew it couold not sustain itself much longer.
They are based in Belize, so it is impossible to go after them for fraud. I highly recommend you avoid any projects these 2 are involved with and to spread the word. Eventually, people will become wise to their antics and stop supporting these scammers.
Second, My Market Shares had a terrible server crash which brought down the program. At first it seemed they might have scammed. But Margaret has been fairly good with email communications letting members know what was happening. Currently, they are restoring accounts using backups and having some make new accounts if the data was corrupted. I believe in Margaret and think she is honestly trying to make a go of her program.
Global Revenue Share has been a fantastic program since its inception. But now they have decided to change the business model. I believe this is due to the fact that they can no longer continue paying out the 14% a week in RS. True Revenue Share just opened recently as a spin-off of GRS. It seems GRS wants to follow the exact same business model as TRS. This means a greatly reduced return on your "investment." Instead of 14% a week, members will now get up to 20% max per MONTH on purchased advertising. This was done to ensure the longevity of the program, so I continue to endorse them. It is better to make less, then to have the program close and your money is lost.
Hang in there, I am always on the watch for good programs.
Jerry Jon Walbert
Friday, October 2, 2009
The "Hit-and-Run" Clause from Jerry Walbert
Today I'm going to touch on what is known in the online investment arena as the "hit-and-run" clause. In order to get a better understanding of it, let's use a theoretical deposit of $20 into a fictitious program. Let's assume the program pays a revenue share (RS) of 20% a week (like MyMarketShares). The $20 is deposited, and the required surfing is completed for the week. "What happens to the $20?" is the most common question asked. "Does it get taken?"
First of all, the $20 does stay in there, constantly working for you. What you do with the $4 RS payout is up to the member. If you want that $4 to compound, do nothing, most programs will roll it up automatically. How much of the $4 compounds depends on each program, but always the balance will go up - in this case, higher than $20.
If someone decides to cash out some or all of that $4, they may do so. Here's where it gets tricky. Because some people are filthy rich, they would put in huge amounts of money into a program, get the profit and then never "invest" again. That is called "hit-and-run." It usually always destroys a program. So to prevent that from happening, admins use what is called a "hit-and-run clause." If the member tries to do that, they are penalized.
So, just remember 50% is the magic number. If you cash out 50% or less, you will always be ok. In this example, you would cash out $2, and the $20 stays working for you. But, nothing is rolled up. So you could just cash out $2 a week for as long as the program lasts.
If you cash out less, say $1, you get that buck and the rest gets rolled up. The balance will go up and become larger than $20. It's like your compounding weekly.
If, however, you cash out MORE than 50%, the hit-and-run clause takes effect. You get the money, but your balance will DROP. In other words, you will end up with less than $20 in the balance.
Basically, just don't cash out more than 50%. A good rule of thumb is to cash out 20% and let the 80% roll up. For $20, cash out 80 cents and roll the $3.20. I would most likely do a $1 cashout and roll the $3.
I know a buck a week doesn't sound like much, but it's only $20 that was put in. It will go up each week as you compound, but with that small amount, it won't be much. Like they say, it takes money to make money.
If this is still not clear to you, just leave a comment :)
Jerry Jon Walbert
First of all, the $20 does stay in there, constantly working for you. What you do with the $4 RS payout is up to the member. If you want that $4 to compound, do nothing, most programs will roll it up automatically. How much of the $4 compounds depends on each program, but always the balance will go up - in this case, higher than $20.
If someone decides to cash out some or all of that $4, they may do so. Here's where it gets tricky. Because some people are filthy rich, they would put in huge amounts of money into a program, get the profit and then never "invest" again. That is called "hit-and-run." It usually always destroys a program. So to prevent that from happening, admins use what is called a "hit-and-run clause." If the member tries to do that, they are penalized.
So, just remember 50% is the magic number. If you cash out 50% or less, you will always be ok. In this example, you would cash out $2, and the $20 stays working for you. But, nothing is rolled up. So you could just cash out $2 a week for as long as the program lasts.
If you cash out less, say $1, you get that buck and the rest gets rolled up. The balance will go up and become larger than $20. It's like your compounding weekly.
If, however, you cash out MORE than 50%, the hit-and-run clause takes effect. You get the money, but your balance will DROP. In other words, you will end up with less than $20 in the balance.
Basically, just don't cash out more than 50%. A good rule of thumb is to cash out 20% and let the 80% roll up. For $20, cash out 80 cents and roll the $3.20. I would most likely do a $1 cashout and roll the $3.
I know a buck a week doesn't sound like much, but it's only $20 that was put in. It will go up each week as you compound, but with that small amount, it won't be much. Like they say, it takes money to make money.
If this is still not clear to you, just leave a comment :)
Jerry Jon Walbert
Thursday, October 1, 2009
Update 10/1 from Jerry Walbert
Well, been busy having fun, time for an update. It is the start of the last quarter of 2009. I can't believe 2010 is just around the corner now. Soon the holidays will be upon us.
ProHYIP has the forum up and it is changing its plans. Altho 0.8% daily doesn't at first look enticing, it is almost 1%. Try getting that from any bank. It was done to ensure longevity, and that's awesome. They could have just disappeared, but they want to make it work. DDoS attacks are a very nasty thing and costly to deal with. Young programs like ProHYIP are adversely affected and the only thing that can be done is to be patient. When the program brings in more money, then it can buy better protection.
Everything else is still running smoothly. These next few months will be a cautious time of the year. Many, many new programs will be popping up, run by scammers. some will be new thieves, some will be returning ones. Stick with me, I will expose them as best I can. I can spot most, but a few always sneak by me. Not a problem, as we are dealing with diversification. so the ones that get us won't hurt the money we will be making from the good programs.
Keep checking in and I'll keep you informed.
Jerry Jon Walbert
ProHYIP has the forum up and it is changing its plans. Altho 0.8% daily doesn't at first look enticing, it is almost 1%. Try getting that from any bank. It was done to ensure longevity, and that's awesome. They could have just disappeared, but they want to make it work. DDoS attacks are a very nasty thing and costly to deal with. Young programs like ProHYIP are adversely affected and the only thing that can be done is to be patient. When the program brings in more money, then it can buy better protection.
Everything else is still running smoothly. These next few months will be a cautious time of the year. Many, many new programs will be popping up, run by scammers. some will be new thieves, some will be returning ones. Stick with me, I will expose them as best I can. I can spot most, but a few always sneak by me. Not a problem, as we are dealing with diversification. so the ones that get us won't hurt the money we will be making from the good programs.
Keep checking in and I'll keep you informed.
Jerry Jon Walbert
Subscribe to:
Posts (Atom)
