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November 26, 2006

comment HYIP News - InsiderReserves Closes Up Shop

Filed under: Financial News — C4G @ 11:45 am

We received this email from Cindy, the admin of today regarding the program shutting down. IR had a pretty good run in the arena, lasting almost two months. We’d say Cindy is worthy of support in any new ventures launched in the future due to a good track record and honesty in the status of the program.

Im sorry to write and send you this update. This is what is going on and I have options but I need to know now from you what you think. Here it is.

You can see that IR and IS even after two months online did not get much support. IR did not even pass 400 members and IS is even worse. I dont know why this was. After chat with some of you I think now that maybe it was because of the gold gram model. No one understood it well even though the price was updated on the top of the home page always.

With the last update you know of delay in ecurrency funding with the holiday. After the last payout for requests from 16th, 17th, 18th and 19th on Wednesday, I came to check on things today from break and I saw that the reserve fund was stolen. I have made contact with lawyer now to see what this is about and try to get some returned. Before I left for break I also spent into Dailyprofitshare program to make a fast return. Now that site is offline and closed. So nothing is left after paying the site expense for this month and today I closed deposits.

>From here there are two options:

1. If you support me I will start a program based on the profit share model. I saw this was success for Dailyprofitshare but they did not even pay for one week. You know me for 2 months that I paid. If there is good support I will refund a percentage of deposits in IR from the admin fee in the new site. This should not be a problem with promoting. The program will last as long as members support. If there is interest it can be large and I will be able to pay. I don’t have the numbers of how the site will run decided but it is one idea.

2. I close IR and IS now and end with this last update.

If there is no support for restart of the program with different model I cannot continue. I do not want option two but I know some of you will not like this news. If you can give me a chance like you give other admins that owe members from early programs, then I will make this better. Just like 13dailypro and 12by12daily are doing for members of there old sites.

Im sorry again. Please send support ticket with your suggestions and I will read them. I will decide what will we do then.

Yours,

Cindy

Best of luck to Cindy with whatever she chooses to do in the future.



• • •

1 Comment »

    #1
    July 2, 2007 @ 2:01 am | Trackback
    by Jessie

    Jessie

    Many people lost money on this hyip investment games. Anyone knows

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