Tuesday, August 14, 2007

Investment96 and the return of the Messiah.

One of my biggest losses in Hyip playing was with a program called JustPaysDaily. It had one of the best business plans I ever came across, and was not a Ponzi scheme. The returns were made on Poker Playing. It had everything to do well, but the owner's greed let all his faithful investors down.

And now he is back!

Am I going to start bashing his new program, and him personnaly? No way, this might be one the best things that might happen to both me and you. So read on...

The guy behind this program (Richard O'neill) is a veteran admin, with a CV full of big programs that performed really well, and always finished in a big crush. All of the programs have been, in his own words, a search for the perfect plan.

And I think he pretty much got it this time...

The idea is that he makes the returns using only 5% of the complete amount. By using this method, the only risk at any given day would be a loss of 5%. But in this amazing virtue lies his biggest sin. JPDaily went down, because he became too greedy, and started risking more than the 5%, driving the program to the grave in a few weeks.

The good news, is that he plans to start refunding people from the old JP program with funds from Investment96. I really wish that he can stick to the plan this time. If he manages to do that, this program has the potential to become the best place to put quite a lot of money. But as in all High risk high returns program there is a risk. And in this program, the fact that he might fall in his own greedy trap is an important fact to take in consideration.

So what is my plan of action for this one?

For the moment I will keep watching and see how things develop. In the short term I am sure there will be riots in the forums with old investors trying by all means to put the program down. But as soon as these people see some of the lost money being recovered (which I am pretty sure will happen soon) the interest in the program will start growing and provided Richard plays by his own rules, the sky is the limit!

I strongly recommend a visit to the website and to the forum where you can read Richard talk quite openly about the program, himself, the past and the future. Definitely a very good read!

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