26/05/08. Interview with the admin of ProfitsAddict
Among short-term programs there are few that can run for more than a week. ProfitsAddict is surely an exception. Being online for 11 days already and never missed any single payout to the investors ProfitsAddict is slowly becoming a serious and reputable program in the industry. The program offers you one main plan of 15% for 8 days (120%) and accepts LibertyReserve and AlterGold. The minimum to deposit is only $1 so it’s affordable for any investor. I would like to say that the admin of ProfitsAddict is doing a great job and he surely knows how to run a successful program. But let him say the rest in the interview which he kindly accepted to conduct for my blog. By the way, if you want to read my unbiased review of ProfitsAddict please click here.
“1. Please introduce yourself to the readers of my blog. How did you come with the idea of opening your online investment program? Do you have any experience as an admin?
Hello, My name is Christopher Lewis, I am the manager of ProfitsAddict. There are 2 other people who are directly involved in our Investment project: Ben Geller – who is responsible for marketing and publication of our program, and George Castlereagh – Our investment consultant. Each of us has been working in this arena for years, for instance, Ben was on PIPS marketing staff back 2005, and George has been investing in private investment programs since 2001. We believe with our extraordinary networks we could create a stable daily cash flow and a solid member database. Back in 2006 we had run a couple of successful programs, we have plenty of loyal investors who join us again in ProfitsAddict.
2. What investment plans do you have? What are the minimum and the maximum amount to invest? Do you think the plan will be sustainable for a long time?
We offer 15%-20% daily for 8 calendar days, principal is not returned, so return profit will be in the range of 20% upto 60% in 8 days. Yes, we are sure that we can sustain the rates. As investors may realize our program doesn’t offer the principal back, so the daily profits from our plan are between 2,5% up to 7,5% daily. Which is affordable in right investment opportunity. We’ve chosen plans that are still attractive for todays investor but are offering stability in the long run. ProfitsAddict allows you to open a free investment account and start depositing from as little as 1 USD and as much as 50,000 USD.
3. How many deposits can one have? Do you allow compounding? How much time should one wait before the withdrawal request is actually processed?
No, we do not allow compounding. Members may have as many deposits as they like, as long they don’t reach the maximum limit of 50,000 USD. We always try to provide our members with fast withdrawals, sometimes you don’t even have to wait more than 5 minutes to get your withdrawal processed. However in case of peak time we set a maximum waiting period of 12 hours.
4. What e-currencies does ProfitsAddict accept? Why did you stop accepting e-gold? Do you plan to add more e-currencies as your payment processors in the future?
As any hyipers may notice the current situation with e-gold, the random blocking of accounts, 30% exchange rates, here we can see again this worrying trend when e-gold cannot be considered as a reliable payment processor anymore. Start from today we accept AlterGold along with LibertyReserve e-currency, we just implemented AlterGold payment system a couple of hours ago. Although it is still on beta test, AlterGold is a payment processor we strongly suggest to our investors for carrying out their investments. We are always open to suggestions from our members on implementing new payment methods.
5. I noticed that not only withdrawals but deposits are also processed manually. Why did you choose this option? Doesn’t the script allow you to make deposits automatically to avoid a work overload?
To be honest, there is plenty of work to do by running everything manually, as every deposit, withdrawal and any other transaction are proceed manually. It took us a couple of hours a day to process all transactions, somehow we feel this as an important step to running an investment program. By manually processing every transaction we check every single cent spent from and to our account, small amount might not worry you, but when the numbers get larger, say a hundred grand, which automatic script could you trust for such amount of money? Our primary concern is the safety of members funds, if we have to work a couple more hours to guarantee the safety of every transaction, then its all worth it.
6. What script do you use to run ProfitsAddict? Is it secured and licensed?
The script was developed by a hired programmer, a friend of ours who designs unique scripts for hyip programs. We do all transactions manually, we also ensure that members are being paid to the correct accounts from which your deposit was originally made, so logically the only way to steal your funds in profits addict is to hack into your own computer.
7. What outside sources of income do you have for ProfitsAddict program if any? Can you provide us with some proof that ProfitsAddict is not a ponzi-game?
The main income of profitsaddict comes from private investment programs. We diversify our investment to private investment programs which offer greater return, without doubt it also offers greater risks, however with George’s seven successful years experience in private investment programs allow us to get maximum profit from investments and to minimize losses from unsuccessful ones.
8. Is ProfitsAddict website fully protected from DDoS-attacks? What is your hosting provider and why did you choose it?
Our site is protected by Black Lotus communication, they have one of the best DDOS protections.
9. What promotional strategy do you use to make ProfitsAddict known to your potential investors? Are you satisfied with the program’s growth after 7 days online?
We believe the best way to please our investors is to have a close relationship with all members. We will send a representative to give support to all members in any public forum available. Looking at our performance and members’ reaction, Yes we are very satisfied with the growth, we are fully confident that ProfitsAddict will be staying put for very long time.
10. Do you have some plans for the near future? Do you plan to add more plans or features to make your program more attractive to investors?
We plan to open our own forum to our members. We also plan to install several foreign languages such Russian and Chinese in our website. Interest plans will not change in the near future.
11. Please tell us what differentiates ProfitsAddict from similar short-term programs. What would you like to tell to your potential investors that are reading this interview right now?
The security issue is the major factor in running a successfull program, and this is one thing our program is special at. We also offer guaranteed principal back, in case our investments fail. We offer “Principal” guarantee for each deposit, minimum 70% of your principal back depending of available funds. Please understand we only guarantee “Principal”, not profit, if you have earn profit with us, you won’t be eligible for return. We want to offer a secure and professional program to investors by running a long lasting program which offers reasonable returns on their investments.
12. What is your honest opinion about my blog? Do you think it’s useful for online investors?
There aren’t many people who are so knowledge in this industry and use their knowledge not only to make profits but to truely share with others. Keep up the good work Paul, your existence is essential in this industry! Thanks for an opportunity to answer these questions.”
As you can see from the interview the ProfitsAddict staff are working seriously and thoroughly and I’m sure the program will become hot very soon. ProfitsAddict has all the necessary features to become a success provided the investors will support the program and if some outside factors don’t take place.
For example, LibertyReserve was offline for several hours today and it caused some delay in payments to investors using LR. So to avoid unnecessary discomfort among the investors that already got used to very fast payouts the admin of ProfitsAddict decided to issue another update regarding the current situation: “We would like to inform you that LibertyReserve is currently experiencing technical problems and their website is either partially available or not available at all. Please be sure that all pending withdrawal requests will be processed once their servers resume operation.”
I have no doubt that all the pending withdrawals from ProfitsAddict will be processed when LR is back online. The question is when it will happen. I hope it will not take another week to resolve the issue which was mentioned on LR blog:
“While doing a regular system check our technicians recognized a defective load balancer and had to temporarily suspend the servers to replace it. We are working very hard to fix this issue and get the system back online.
The number of our clients and merchants is growing rapidly. Our hardware grows even at a faster rate. Although this is a definite sign of success, there might be temporary outages, which are beyond our control.
We will do our best to provide you with a service you all expect us to provide.”
I really hope this LR downtime will not last for a week again and will be resolved quickly by their technicians. Otherwise, I have very big doubts for the bright future of this undoubtedly the most popular payment processor at the moment.
I’ll see you tomorrow with more news and updates. Stay tuned!
Filed under Interviews by on May 26th, 2008. Comment.