07/06/2009. Interview with the admin of XagaEnterprise

Hi all! For today’s post I have an interview with the admin of what must surely be one of the more original HYIPs to be launched recently. His name is Kevin James and he is the main driving force behind XagaEnterprise, a program with to say the least, a unique take on generating profits for its members. They are basically claiming to be profiting from complimentary goods and services handed out by casinos as an exaggerated reward for the business the casino managers believe XagaEnterprise to be bringing them. I suppose we’ll hear very few moral objections to relieving those folks of a few bucks!

If you like what Kevin has to say for himself then you can find more information on his own website, obviously, but you can also check out my original review published here. Before we start I’ll just remind you that XagaEnterprise is a low rate of interest long term HYIP that pays 1.1% daily interest on your investment regardless of size, with no expiry date.

“1. Please introduce yourself to the readers of money-news-online and tell us about your personal involvement with XagaEnterprise. Have you ever been involved in an online HYIP before? What experience do you have in managing investors money?

Hi Paul and everyone. My name is Kevin James, the admin of XagaEnterprise and the manager of team Xaga. This is my first program in this industry. I have been associated with lots of money before XagaEnterprise was created. By which I mean managing my team that cycles lots of money everyday at Casinos.

2. I suppose I should congratulate you on what’s at least the most original business plan behind an HYIP that I can remember! I understand some of the information might be a bit sensitive but maybe you can tell us as much about it as you can?

XagaEnterprise is the one & only investment program based on casino comps. The beauty of my program is that its 100% guaranteed and risk free. Details are on my website.

3. But casinos are notoriously difficult to take advantage of. The technology that some of them use to observe their customers is worthy of NASA. How long do you expect to get away with this in any one individual casino? Have you ever had any encounters or even confrontations with managers that preferred you to leave and not come back?

I agree with you. Casinos technology is just superior to everything. NASA class. But please remember that we are not Blackjack card counter nor cheaters. Casinos only ban card counters and cheater. How long? No end. Casinos can’t ban us. We operate at Baccarat tables not Blackjack tables. Me and my team never had any confrontations with Casino managers.

4. How many people do you have involved with the entire project then? Both with the online side of things with the running the website and with the offline side in the casinos.

I have 7 team members so far. I will handle the payment by myself. E-mail support and live-chat support will be handled by my team.

5. What are the investment plans being offered by XagaEnterprise at the moment? What are the minimum and maximum amounts to invest? Are payouts automatic or should I request them? What payment processors are you currently dealing with?

1.1% Daily for LIFE! Min is $1 and Max is $100,000. Payment is on request. XagaEnterprise currently accepts LR, PM, SP, and STP.

6. The low rate of interest available is easily sustainable for quite a long time and will definitely help the program’s long term survival, but do you think its realistic to offer it as a permanent plan with no expiry date? Can you seriously offer payments forever if, and let’s be honest, you are unlikely to ever be registered as a formal business? I accept that what you do is perfectly legal, but is there really that much of a future in it?

Why not? This is the way XagaEnterprise works : Investors will break even on their investment after 91 days. ( 100 : 1.1 = 91 Days )

So, XagaEnterprise‘s has to double your money in 103 days. (XagaEnterprise doesn’t give earnings on Sunday. So there are 4 free days each month. 4 x 3 months ( 91 days ) = 12 free days. So, 91 + 12 = 103 days. That means we have 103 days to double your money and yes we can do it.

As soon as your money is doubled, We have capital to produce interest for you for life, even though you already have your principal back.

Let’s talk about the future. There are lots of HYIPs around with certificates, registered, phone numbers, etc. I ask you Paul. What happened with them? CLOSED! XagaEnterprise is different. No risk at all. I challenge you and the readers to try my method for yourself. Just do what my team does, and you will see the power of our method. Nothing to lose here. Prove it to yourself before you decide to invest with us!

7. Can you explain to us in detail the security of XagaEnterprise? What measures have you taken to protect members accounts? Who is your hosting provider and how is the site protected from hackers and DdoS attacks? Do you have SSL encryption? Are you on a dedicated server?

XagaEnterprise is DDOS protected by HushHosting. Shared server and no SSL but we do plan to move to Dedicated Server as the membership load increases and also use SSL in the future. We back up our data every week and not try not to use mass payment / API. We also have reserve funds to back up investor’s funds.

8. How have you been promoting the program up to now? What advertising strategy are you using? How big a part have the existing members played inthis? Are you satisfied with that level of support?

Doing well as you can see from the stats. I did advertise on blogs, and monitors (around 50 monitors), mailing lists, text ads, etc. In the future too I plan to advertise more on forums. So far, I have had a good response and also good support from my members.

9. What about the success of XagaEnterprise so far? Are you pleased with the level of growth to date? Can you give us any statistics on the amount of members and the total amount deposited? What are your expectations over the coming months?

I think it’s pretty good. 400+ members now. Stats can be checked on my website. My main short term goal is to make money for my investors. Simple and crucial. In the long term, I want my program to be a top performing investment program. It’s not easy to achieve those goals. Right now, I am just focusing on making money for my investors and keeping up my program’s performance consistently. I believe time will eventually prove the power of XagaEnterprise.

10. What level of customer support do you offer members? How can they contact you if they have any issues with their investments? Do you offer e-mail or live-chat support?

Everyone can reach me through e-mail support and live-chat support. I or my team will assist you in any way possible.

11. A lot of good HYIPs have opened recently. There is a pretty big choice out there for the investor so if you had just one thing to say to potential investors to convince them to give you their money, what would it be?

XagaEnterprise is risk free. If you join other HYIPs, it will be not be risk free. There is no such thing like “guaranteed” on forex or stocks or whatever. No matter who is their pip master?? Senior broker?? Experienced trader?? Robot trading?? No Guarantee! I challenge you to try my method by yourself. Just do what my team does, and you will see the power of our method. Nothing to lose here.

12. As well as the good new ones, it also seems that a lot of other ones are collapsing (or scamming). What is your opinion of the online HYIP industry in general? Would you like to share any of your own experiences either good or bad in the online investments industry with us? Not as an admin but as an investor or an observer.

The HYIP industry can be promising but also can be frustrating. I have been scammed many times and got some profits on good programs as well. You have to be smart when choosing your portfolio. Never invest more than you can afford to lose.

13. And finally, what can we expect to see in the future from XagaEnterprise? How do you plan to further develop your program, to attract more members and to improve your position to become a top online investment programs?

You will see XagaEnterprise on the top. A top performing HYIP with a very good performance and an unbeaten method! I think I do quite a lot to attract more members but the most important thing is to keep the performance at a consistently high level so everyone will trust XagaEnterprise. Go XAGA!”

Thanks a lot to Kevin for that insight to his program. Clearly there are big ambitions there so good luck to all involved. Something that did get me thinking though is continuous invitations to anybody feeling a bit skeptical about his methods to go and give it a try for yourself and see if you can prove him wrong. Well anybody reading this who likes a challenge might just like to take him up on that and any readers with previous experience are always welcome to get in touch.

Approaching this from a purely HYIP angle, which is what I have to do as a monitor, I would say that XagaEnterprise, by making such a big claim as offering you a permanent payout will have a difficult job ahead of them in proving themselves. It will take them quite some time to get established in this field, but I believe they are starting out from as good a position as any other program and deserve an equal chance. To a certain degree they are taking a big gamble on online investors having the patience to wait for them, but we might just be seeing the start of something big here. Time will tell.

That’s about all for today guys! Enjoy what’s left of the weekend and I’ll see you tomorrow with all the latest news from the industry.