Jan. 22nd - 28th: Tier Two Program News
Posted by rabbit on January 30th, 2006
UDACHU
The program is still running smoothly. I was a bit concerned about the administration’s decision to run the program via email and take down their web site, but that concern has since subsided. They are sending updated statements showing account holdings on a monthly basis, and are answering email inquiries in a timely fashion. The Udachu forum is still up as well. You can find it at www.udachufundforum.com.
I just sent Brett Steinberger an email asking him if he was able to see any proof of investments when he was in Panama. Brett is the guy I mentioned in a previous posting, who visited the Udachu office a few weeks ago. Next week I will post his response here.
The program is still performing well. A few members are still on edge because they have been waiting a few weeks now for their payouts. Again, it is important to note that those affected by the delay are the ones that opted to get paid out via EMO instead of Stormpay (as part of 12DailyPro’s transition away from eGold). Charis, the admin, is still sticking to the January 31st deadline to get these all cleared. As of this posting they have caught up to about January 8th. This means that they have about 10 days of old eGold expiries to payout by their self-imposed deadline (The last set of eGold upgrades expired on January 18th). Can they pull it off? I guess we will see in a day or two. As I mentioned last week, I would be very impressed if they are able to do it.
There are currently no delays for new upgrades made via Stormpay or EMO. These are still being paid out within 7 business days as promised.
In last week’s news item I mentioned that I was still waiting to get paid out for two eGold to EMO expiries — one for December 27th and another for January 3rd. I am happy to report that I have since received both withdrawals in my EMO account
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Alien Trust
Alien Trust moved to new dedicated servers at Rackspace last week. As a result, they had some technical problems with the site the latter part of the week. These problems resulted in the delay of last week’s payments by 2 days. Usually they pay cash-out requests on Fridays. However, last week’s pay out was made on Sunday January 29th.
While I am satisfied with their quick payouts, I am not as enthusiastic about the program as I were when I joined almost 3 weeks ago. Last week I learned a number of things about the program that concerns me:
1. They are “investing” at least some of the money they received in upgrades in fly by night ponzi schemes. I do not think this is a good business model, and believe that at some point they will be caught in one of these ponzis and suffer a major loss.
2. They seem to be operating other autosurfs (although they appear to be inactive at the moment). These include www.2×200.com and www.alientrust.net.
3. They have raised the maximum Ad Share upgrade level from a max of 2000 to 10000. In dollar figures that is an increase from a max account level of $16,000 to a max of $80,000. It is not clear why they would do something like this so early in the program’s life. But oftentimes autosurfs do things like this when they are running out of funds and need new money. I am hoping that this is not the case with Alien Trust, especially since they just started out just a few short months ago.
4. They have increased their referral commissions from 5% to 6%. Again, programs often do this when they are running low on funds.
So what does this all mean? Well I still think there is a very good chance of making some money with Alien Trust. I do not foresee them running into any difficulties in the next month or two. If you decide to join, or you are already in the program, then I would suggest that you take out your principal within the first month. The best way to go about this is to take out a percentage of the cashouts that you receive on a weekly basis (usually on Fridays) while using the rest for new upgrades (ex. 25% bank and 75% new upgrade).
What more can I say? Their web site says it all. They went out of business just when I was planning to make my first withdrawal from the program. It is a good thing I had only $100 placed there. They claim that they will be offering refunds in the next 120 days, but I am not holding my breath.