March 10, 2010

Dragadox Review and Recent News

First off today, I'd like to comment on all the Hyip programs out there that seem to be competing with each other for our business. Every day it seems like two or three of them are popping up! So how does one know which is the best one for them?

The best way to make a profit in Hyip programs is to participate in the forums, read your favorite blogs and monitors and decide for yourself which ones are really telling the truth and which ones are there just to earn your buck. You should really observe the whole Hyip scene for a few months before you start actively investing in it. I feel it took me a long time to really learn what was going on and how things worked. But at least now I have learned how to to play the game and usually come out ahead and that is what I am wanting for my readers too.

Today I would like to review a Hyip program called Dragadox. It is a long-term program that will involve some time commitment as I think it is rather long. Especially for a money commitment. You will receive interest daily five days a week (Monday – Friday) at Dragadox which has been pretty much the norm lately for most programs. Dragadox does not use compounding when it calculates its interest. There are four programs that I will cover and each one requires a larger investment.

The first one is called the Starter Plan and it pays 1.6% interest daily for 150 days. Each of the programs that I will be telling you about will run for 150 days which is around 30 weeks by the way. The minimum you can invest here is $10 with the maximum being $1500. You would break even on your investment after around 63 days and then anything after that would be pure profit. Actually it's not a bad rate of interest at all after you receive your interest plus your investment back. I'm really liking this plan here.<br>

The second plan is called a premium plan and the interest jumps up a little bit here to 1.9% daily but it also requires a bit of a larger investment. The minimum you would be allowed to start out with would be $1501 and the maximum $5000. That is quite an investment to consider but in this case you would break even after 53 days so that's something to consider as well.

The next plan is called the Professional Plan and it offers you a percentage rate of 2.1% daily. The minimum to invest here is $5001 with the maximum being $20,000. By earning the higher interest rate you would break even after 48 days. I know that's quite an investment but the interest rate is also a lot better here too.

The last and forth plan is called the Expert Plan and the amount you have to invest in this plan is pretty large but I will explain it anyway. I doubt that many of us will in invest in this bracket but I will put it in here anyway. It starts out at, you guessed it, $20,001 and the maximum they will let anybody invest is $50,000. That's a lot of money to invest but maybe some people do it.. It would be fun to do and nice to make all that money, that is if one had the extra money to invest which I am betting a lot of us don't including me.

I just took a look at the payment processors that are offered with Dragadox and was glad to see that there was more than one or two. You get quite a selection and I like to see that. Here are your choices: LibertyReserve, SolidTrustPay, AlertPay, PerfectMoney, and StrictPay. Wow! That will make it easier for everyone to join and should make the program a bit more stable because of the amount of people that are able to join.

Payments are not automatic and must be requested. You should allow the admin 24 hours to complete the payout after you request it and the minimum to request is $1.

I took a look at the security of the website and it is really good.They have SSL encryption and invested in the Dragonaranet DDoS protection. Dragonaranet has a really good reputation online and I have read a lot of positive reviews about the protection it offers.

I am going to give the first plan a try and it will be monitored on my monitoring pages. It looks like it is going to be one of the better Hyip programs so I urge everybody that thinks they want to join to do it now while it is still a relatively young program. That is when every Hyip program is at its most profitable.

Recent News-

For those of you that already, Robert of GNI announced their closure today in his latest newsletter. I was rather disappointed of the word but had suspected it. GNI will be refunding those not in profit ONLY at 101.5%. That should make those that are in profit a little relieved. He also stated that there would be a new venture coming up that would be more like a private club investment so keep an eye out for that if you like GNI. They lasted almost a couple years so that was a pretty good run. Here is Robert's newsletter:

“Greetings to the Most Loyal GNI Friends, Family & Associates and; Nemesis:

As I have mentioned in the forum, I have spent the last few days in Northern Cyprus trying desperately to obtain those funds which belong to us – members and principals of GoldNuggetInvest.

Besides myself, I have been privileged to be assisted by Counsel (one of our attorneys) to not just make a strong presence on behalf of some faceless arbitrage project; indeed, but to help me place a face on the thousands of loyal GNI Customers who have (rightfully or not) depended on our presence and weekly payments to:

1. pay the rent or mortgage,

2. pay doctor’s bills,

3. pay for a family member’s schooling,

4. retire in a manner that is consistent with the years of service provided to their employer,

5. take a well-deserved vacation with someone special or

6. have some peace of mind in these troublesome times.

Despite our best efforts, and monumental efforts were made by all concerned, we could not get the directors, regulators or oversight administrators to relent. There were several tactics employed, a couple of which were most creative, but it was of no use. We thought we may have a foot in the door, only to have it cut off. What I can say is we tried damn it….we tried our hardest; but we could not overcome this hurdle.

Without this income, we go in reverse. We have had suggestions, offers which included members giving us funds, members willing to delay the taking of payments, partial payments, the entire spectrum of suggestions; the reality is, however, these suggestions amount to a band-aid when in fact a tourniquet is called for.

I must, for the sake of the sanity of myself and my family, the GNI Team Members, the Principals and our most trusted customers, shut down Goldnuggetinvest.com effective immediately and permanently. This decision will not be reversed.

Refunds: Despite the ‘disingenuous’ overtones having made its way around the world of on-line investing, we will be refunding those members who are NOT in profit, an amount equal to 101.5% of their principal investment (this includes interest payments already received) rendering EVERY person who invested with us, more than whole as defined by Commonly Accepted Principles of Accounting. The instructions will be provided within the next 48-72 hours; will be straight-forward so this can be expedited.

The new GNI: GNI has the concept, the tools and the strategy somewhat perfected in the world of Sure-Bets. We will be making an announcement at 08:00 (GMT) on Friday, March 12 as it pertains to our future. We can give a hint: It will be a completely and totally PRIVATE program fashioned in a manner that is compliant in any and all world-wide jurisdictions with no limitations. This program has been in the planning stages for nine months and was to be run in parallel with GNI. Nothing more will be said until Friday.

Summary / Conclusion: I want to take a moment to thank all of you, our GNI family for all the kind words and support you have shown over the past several months. I never anticipated some of the hurdles which we had been forced to try to navigate. This program was my baby, you were my extended family. This program was a sense of pride, an attempt to help those of you who needed it the most. I have never, nor has my team, hid from reality; perhaps we were a bit over-confident, but our intentions were and always have been true.

Our next chapter will be very bright, very private, but very bright. I hope to see all of you join in the journey.

Thank you from my heart!

With kind regards, Robert and the GNI Team”.

Watch for more later today. Have a good one.