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21/02/2010. Plents Review and other news.
Articles - Daily News
Written by Peta Wilson   
Sunday, 21 February 2010 06:08

This program isn't paying! Please don't invest!

Hi all! It's already the second time I write this review, lol. Why? When I finished it the first time, I forgot to save it in my admin area and for that reason I need to do it all over again. As you know I am a big fan of long-term programs. Why? First of all they offer you a realistic return and secondly they mostly last for a longer time as these short-term programs. However, I also like short-term programs, but I only see them as a gamble game. When I find a quality short-term program you will find it here. Today I also sent some questions to some programs I added lately, so stay tuned for that. For today I want to review a new long-term program called Plents.

Plents started on the 15th of February. So it's only 6 days old. Plents offers you 3 kind of plans: a daily plan, a weekly plan and a monthly plan. The ROI you get depends on the amount you invest. You can see it in the shemes below:

1) Standard Plan (daily)

Name of Plan
ROI
Term
Minimum you can invest
Maximum you can invest
Principal back on expiry?
Seed money back after?
Total ROI on expiry (with principal back on expiry)
Starter
1% per business day
150 business days
$10
$99
Yes
100 business days
250%
Basic
1.2% per business day
150 business days$100
$999
Yes
83.3 business days
280%
Advanced
1.4% per business day
150 business days$1 000
$4 999
Yes
71.4 business days
310%
Professional
1.7% per business day
150 business days$5 000
$9 999
Yes58.8 business days
355%
Expert
2% per business day
150 business days$10 000
$29 999
Yes
50 business days
400%
Senior2.3% per business day
150 business days$30 000
/
Yes
43.4 business days
445%

2) Premium Plan (weekly)

Name of Plan
ROI
Term
Minimum you can invest
Maximum you can invest
Principal back on expiry?
Seed money back after?
Total ROI on expiry (with principal back on expiry)
Starter
6% per week
30 weeks
$10
$99
Yes
16.6 weeks
280%
Basic
7.2% per week
30 weeks$100
$999
Yes
13.8 weeks
316%
Advanced
8.4% per week
30 weeks$1 000
$4 999
Yes
11.9 weeks
352%
Professional
10.2% per week
30 weeks$5 000
$9 999
Yes9.8 weeks
406%
Expert
12% per week30 weeks$10 000
$29 999
Yes
8.3 weeks
460%
Senior13.8% per week
30 weeks$30 000
/
Yes
7.2 weeks
514%


3) VIP Plan (monthly)

Name of Plan
ROI
Term
Minimum you can invest
Maximum you can invest
Principal back on expiry?
Seed money back after?
Total ROI on expiry (with principal back on expiry)
Starter
27% per month7 months
$10
$99
Yes
3.7 months
289%
Basic
31.4% per month
7 months$100
$999
Yes
3.1 months
326.8%
Advanced
37.8% per month
7 months$1 000
$4 999
Yes
2.6 months
364.6%
Professional
45.9% per month
7 months$5 000
$9 999
Yes2.1 months
421.3%
Expert
54% per month7 months$10 000
$29 999
Yes
1.8 months
478%
Senior62.1% per month
7 months$30 000
/
Yes
1.6 months
534.7%


First of all you will agree that they made a lot of levels in every plan (daily, weekly, monthly). The plans are pretty sustanaible and it is nice you can join them all with a minimum of only $10. However, I would advise you to join the daily plan. Why not the weekly or the monthly one as they pay you a bigger ROI? The daily plan reduces the risk a little bit, because it is better to get a daily payment than that you need to wait for it for a week or even a month. You have the possibility to compound and when you reach a new level, you will automatically earn the higher ROI. However, I would advise you to put the compound rate at 0%, as it is important to get your seed money back first. Something which a lot of you will like is the fact that you can withdraw your principal before the plan expires. Keep in mind that they charge you a punitive penalty fee of 32%. So think wise when you do this.

You can invest via LibertyReserve and PerfectMoney only. This can be better of course and I hope the admin will at least add StrictPay and GlobalDigitalPay. When you invest via LibertyReserve or PerfectMoney, your transaction is final and you can't dispute it afterwards. Maybe this is the reason why they accept them only. However, there are more programs which accepts these payment processors, which were/are very succesful. 

The design and security are pretty good. First of all they are using a licensed GoldCoders script, which already prooved his saftety. Secondly they are hosted on a dedicated server of BlockDos, the leader in this industry. BlockDos isn't cheap and for me this prooves they didn't created the program to scam in the next weeks already. The admin forgot only one thing and that is a SSL encryption. Hopefully he adds it later.

You can contact them via a support ticket, a direct e-mail adress and via a phone/fax number. I didn't yet checked the phone number, so feel free to check this yourself.

You can read their investment story on the about us page, but as long as I don't see a REAL proof, I don't believe anything about it. Just see it as all High Yield Investment Programs, where some will win and some will lose.

The verdict: Plents looks to be a reasonable program and I like the fact that they are hosted with BlockDos. I hope they will pay for a long time and I think it is a good program to have in your portfolio (it's important to invest in more than 1 program).

Other news for today.

I putted SportBetInv on a problem status as my last payout is pending over 36 hours already. In their terms they say they pay within 12 hours, so this doesn't looks good. Don't start panic yet, but I'm afraid they might be running away. 

GeniusFunds got into trouble in Canada, where there will be an official hearing on their activities held on February 25th. Why? The Britisch Columbia Securities Commission states that GeniusFunds operates without an appropriate license and are a ponzi-based scheme. Here you can read the update of BCSC:

BCSC Executive Director’s Bulletin: Securities regulator gives notice of hearing and issues temporary order against Cyprus-based website operator.
Vancouver – The executive director of the British Columbia Securities Commission has issued a temporary order against GeniusFunds (a.k.a. Genius Investments), and is alleging in a notice of hearing that the Cyprus-based company has breached various securities laws.
The executive director issued the temporary order after BCSC staff was alerted that a Vernon-area individual had recently wired $25,000 to the company.
The order temporarily prohibits GeniusFunds from trading in any securities in B.C. It also prohibits GeniusFunds from engaging in any investor relations activities in the province.
The notice says GeniusFunds states that it offers one investment fund that makes payments of up to 1.9 per cent daily, and a second fund that makes payments of up to nine per cent weekly. In addition, the notice says GeniusFunds states that it offers the Genius High-Yield Deposit Account that earns depositors interest between 14 per cent and 25 per cent monthly.
The notice alleges GeniusFunds is making misrepresentations to investors because it offers a rate of return that is impossible to earn consistently through legal means.
Furthermore, GeniusFunds is not registered to participate in B.C.’s securities industry. The notice alleges that GeniusFunds has breached, and continues to breach, securities laws by carrying out unregistered activity in the province.
BCSC staff has identified social media websites that are being used to promote GeniusFunds investments and a referral program. There is also GeniusFunds’ advertising in online classified ads in other provinces.
Staff is conducting an ongoing investigation into the sale of these securities. Anyone who has been contacted by an agent for GeniusFunds is asked to contact the BCSC at 604-899-6854 begin_of_the_skype_highlighting              604-899-6854      end_of_the_skype_highlighting or 1-800-373-6393 begin_of_the_skype_highlighting              1-800-373-6393      end_of_the_skype_highlighting. People should not send any money to GeniusFunds while the cease trade order is in place and the investigation is ongoing.
The allegations in the notice have not been proven. Counsel for the executive director will apply to a commission panel to grant a final order against GeniusFunds at a hearing on Feb. 25, 2010 at 10 a.m.
The B.C. Securities Commission is the independent provincial government agency responsible for regulating trading in securities within the province. You may view the notice of hearing on our website, www.bcsc.bc.ca. If you have questions, contact Ken Gracey, media relations.

Xcelsus is growing slowly, but surely. They are thinking about lowering the minimum amount you can invest. You can read the full update below:

Hello [Jason Tyler, i hope you are having a great weekend, this week we continued to grow, a lot of new members, welcome all to Xcelsus.org, we also had 2 winners to the contest, we are still looking for 1 more until we hit investor #49, also investor #50 wins, so do not wait, invest now invest big and win BIG.
Surf Xcelsus, is the new program, it has a minimum amount of $5 and pays 10% X 11 Days, surfing only 5 pages you get your ROI for the day.
All payments have been done for this week, so if you invested until the 23th of January and you are missing your payment please send a support ticket, also commissions have been paid.
Well next week we are having the board meeting on Friday since is the last of the month, i am motioning to lower the minimum investment for the other plans, see what i can get, that is all for this week thank you for reading [Jason Tyler
Best Regards
Boss
Proud Xcelsus Admin

OneDailyPro, a program which is paying for more than 4 months already sent a update some minutes ago. They renewed their domain name and have some nice plans. You can read the update below:

Hello Jason,
This is broadcast e-mail to all clients of OnedailyPro.com project.
Peter is here (Admin of OneDailyPro.com project). Everything is working fine. Firstly I'd like to thank all clients for support.
Update:
- domain name (onedailypro.com) has been renewed (+1 year). You can easy check it: http://whois.domaintools.com/onedailypro.com;
- template colors has been changed;
- new reviews of our project (written by blogs owners) has been added (links on main page);
- little script changes;
Plans:
- add Pecunix payment system;
- we have discuss one interesting question about our referral program. I'm sure, it will be a good news for our active supporters.
Thank you for attention.
P. S. Blogs owners, please publish this update on your blogs.
Best regards,
OneDailyPro.com Admin

 

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