HYIPMoneyReport

HYIPMoneyReport

Recent News-

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Recent News-

Well, it's more like NEWSFLASH. The administrator of SevenStarProfit decided to scam tonight and sent an e-mail to my inbox explaining why this supposedly happened. You can read the e-mail for yourself as I will post it below but I am thinking that the #1 reason this happened is: Inexperienced Admin.

I am feeling a bit angry that this stuff is going on. Should an admin have taken on the responsibilities of a HYIP knowing that he was inexperienced, especially at a time like this, when the industry is doing its best to recover? In my opinion, only admin’s with experience should be starting these programs right now as the market is way too vulnerable. Maybe when the market is hot and everything is going strong, then an inexperienced admin might have had the chance to survive.

Most likely, he did not have the marketing skills and did not promote it as well as it needed to be given the circumstances. Right now these administrators really have to get the word out and also find advertising ways that aren't so expensive, even free advertising methods will bring new investors into the market.

That is one thing that will probably need to happen for this market to turn around full circle. We will need to have fresh blood…. all whole new group of people to come in. I'm not suggesting that they take all the risk and I'm certainly not suggesting that any experienced investors should leave unless they want to. I can definitely understand those that feel like quitting now as it is very frustrating. I do think that a market turnaround is around the bend but I also think that there are some changes that are going to be made.

I'm sorry to sound so angry and upset this evening and I'm very sorry to even have recommended this program in my blog. I feel like I let you and everybody else down but there was no way for me to know. I looked at their website and it looked like a nice site that would attract a good amount of players and that it would make it at least a few months but I was wrong.

You all have my word that I will keep my eyes and ears open for anything and everything just as I thought I'd been doing, but now I will really be doing double duty.

As far as the admin John goes, maybe he is telling the truth. I really hope he is as it surely will come out. I truly hope it wasn't a scam and the time is right to run with the money while the pot was full. If I hear anything that I believe is factual, I will post it and let you all know.

If anybody invest it here using AlertPay, make sure you go there right away and file for a refund. Hopefully if anybody lost any money in this one, they will get a refund via AlertPay.

Dear members,

Last news that I'm bringing to you now isn't that great. In short, we're closing the shop. I said closing rather than scamming for a good reason, guys. You'll understand it after reading all this letter. Or if you don't care, just stop reading and kick something (not monitor though, it's fragile).

Not Paying pic

The last few days I and my assistant were having a fight. Well, maybe you should call it a debate. "We should go for another week, really John. We're not done yet. There is some chance…", she would insist. "There is no way. We cant just hope for the best", I'd say. I have spent two hours making some math to prove her that there is no way to survival of SevenStarProfit. Here is some numbers that I showed her:

3,4,5 of July:
____________________
Deposits: $ 2,280.13
Withdrawals: $ -2,389.05
Other expenses: $ -300
Total:
____________________
- $408.92

7th of July
____________________
Deposits: $ 1,297.31
Withdrawals: -1,280.66
Total:
____________________
$16.65

8th of July
____________________
Deposits: $ 800.70
Withdrawals: $ -789.88
Total:
____________________
$11

"But there is still some way…” she would say. "No, we don't have a plan", I counter. Basically, I believe we were late with this program. Maybe things could go better a few month ago but not now. There is just not enough players willing to play this type of games.

She even said she can use her personal savings to help maintain SevenStarProfit. But it's a bad idea obviously. I'd rather stop this all than allow her and myself to waste anymore money, time and health in this program. In case you don't get it yet, I'd say this simple. SevenStarProfit is not profitable for me, the creator and my assistant. We're currently in a loss. And to not make it even worse, I'm taking this decision to close up the shop. The remaining funds in our accounts will be used to cover expenses which has been made from my own pocket for advertising. Yes, you heard it right. I have lost more than the largest investor even after closing the program. I and my assistant are in the same boat as you. We have lost our money in a HYIP. And this is not a joke or bad excuse. Let's face it. This industry needs some time to recover. Personally, I'm taking a rest from HYIPs as admin or investor for a while.

In my last conversation with assistant, she called me the worst scammer. Because I don’t want to continue this program and fight, choosing to run away. But it's pointless in my opinion to continue like this. We're not a charity service and according to numbers, our HYIP is a total charity with no profit to their owners.

I want to end this letter with a words of apologize to all members here who deposited on 15 days plan and lost it all.

Taking above numbers (daily HYIP profit in most days is near zero or even a negative number on weekends) into account, 180% after 15 days Active deposits: 19($874.18) – a lot of them will mature soon, I just don't have a plan how I can pay you, guys. Program growth is too slow, not even close to make you and me happy.

I'll refund some of last deposits and close SevenStarProfit's deposit button right now. My apologies.

John Smith


I hope to see you all right back here tomorrow to check out the newest review and recent news. Maybe after a good night’s sleep, we will all feel a little bit better. Have a good night all!

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October 15, 2010

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