13/08/2010. Interview with the admin of Flamanta

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi everyone! Hope you all manage to get through Friday the 13th in one piece and enjoy your weekend without anything too serious going wrong for you! Anyway, as promised yesterday I have an interview with a representative of one of the most highly anticipated HYIPs of recent months and a program with an ever growing legion of admirers. It’s called Flamanta and since opening its doors to the online investment community almost a month ago it has impressed just about everyone to have dealt with them. After a low key start Flamanta are doing a lot of good work establishing themselves as a leading long term HYIP, a section of the industry traditionally very difficult to break into.

Of course for reasons we don’t need to go into again here it’s also a section of the industry that’s currently wide open for new high quality programs like Flamanta to really set themselves up and dominate for months to come. Provided they are motivated and organized enough to to do so. Do Flamanta fit that description? They just might, but read for yourself and see what you think.

Before you do however let me give a brief reminder that Flamanta is a long term low ROI investment project that offers terms of 1.72%-1.78% for 150 business days, 1.84% for 160 business days, and 1.92% for 180 business days. For further information on how it all works please refer back to my original review published here. Flamanta can also be discussed on the MNO forum here.

“1. Hi Ronald, please start by introducing yourself to the readers of MNO and telling us a bit first about your own role in Flamanta and then about your background in the field of online investments. What kind of previous experience do you have in managing funds?

Hi to all the readers of MNO and to all investors. We’re happy to answer the questions that are of great interest to investors, as the Flamanta Company strives to make investing in High Frequency Trading (HFT) more popular. According to analysts of such major companies as Goldman Sachs, Merrill Lynch, Getco and others, today HFT brings the most profit to financial companies if compared with investment business on the stock and Forex markets.

I’m Ronald Branson and I’m a PR and marketing manager of Flamanta. I’m not an admin of the website flamanta.com, I’m engaged in creating and maintaining a positive image of the Flamanta Company on the global market.

In another interview I told how I became a member of Flamanta team. It happened due to my acquaintance with one of the employees in Forbes editorial. During my interview I suggested to make HFT popular, so that people could learn more about these technologies and would search for companies offering investment services in the sphere of HFT. To cut it short, I promised to rush the HFT article into print in Forbes, and Flamanta founder Frank Trump came with a counter-promise to hire me. In a few weeks, the article appeared in the latest issue of Forbes magazine and I joined the Flamanta management team, and I’m really proud of it as I didn’t expect our company to develop so rapidly.

2. Can you also tell us a bit more about Flamanta itself? How long have you been in business? Tell us about the other people involved with the project? Why did you start the program to begin with?

Flamanta is an investment project of Dixoman Trading, established in 2009 by Frank Trump and Lewis Rooney for attracting capital in their investment business, which operates on the basis of High Frequency Trading technologies. This spring we launched the online project and therefore created a platform for raising funds from investors.

The strategy of our company proceeds on the basis that HFT technologies require high turnover. As we had no big initial capital, we created the business strategy, according to which we would give 95% of profit to our investors within the first 2-3 years. We do not refund deposits, but we pay high profits instead. It is done to accumulate the funds of investors by increasing our working capital. In other words, we almost refuse profit in order to gather more funds for 2-3 years and then we will pay off our investors and manage big funds or will continue our online business if it generates considerable returns. As for now, we’re more inclined to follow the second variant.

To learn more about HFT and how Flamanta makes money with it you can read either in Wikipedia or on our site by following the links:
https://www.flamanta.com/model.php
https://www.flamanta.com/business.php

Study the information about HFT and Flamanta Company and then you’ll see that we’re engaged in a very promising business.

3. Please explain the various investment funds to us. Just the most basic info will do here. What are the minimum and maximum amounts accepted into each plan? What rates of interest do you offer and how long do they run for?

As of today the company provides an opportunity to invest e-currency in 4 investment funds that come with different asset structures, investment periods and yields. All assets in all funds are managed on the base of High Frequency Trading technology. Flamanta traders buy millions of insignificant companies’ shares and then sell them. All these operations are carried out several times a second, so our traders react much faster to price changes for the same stocks offered for sale in larger packages if compared with other traders, who do not use HFT technologies. Each Flamanta fund comes with different HFT algorithms and different portfolio structures and, as a result, all 4 funds give different yields.

FTBS Investment Fund
Payment of profit: 1.72% (daily)
Payment schedule of profit: 5 / 2
The amount of investment: from $10
Investment period: 150 days
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FBHS Investment Fund
Payment of profit: 1.78% (daily)
Payment schedule of profit: 5 / 2
The amount of investment: from $600
Investment period: 150 days
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FFTC Investment Fund
Payment of profit: 1.84% (daily)
Payment schedule of profit: 5 / 2
The amount of investment: from $1800
Investment period : 160 days
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FFET Investment Fund
Payment of profit: 1.92% (daily)
Payment schedule of profit: 5 / 2
The amount of investment: from $5600
Investment period: 180 days

4. Can you now give us more detailed information on the background to each individual fund? What are the various portfolios you are re-investing your members money with? Why do they all carry different price tags? Can investors independently verify and track the performance of these portfolios?

Information about the management strategy of each fund does exist and can be found in the fund description. We provide brief data describing the main details in the management strategy of the fund. Read the descriptions of our funds on our website.

5. I said in my original review of Flamanta that many online investors may be put off by the lack of choice when it comes to payment processors, particularly bigger US and Canadian based investors who will only invest larger amounts through processors with a verification process. How do you respond? Is there something preventing you from adding one?

Of course, there’ll be more payment processors over time. We started working with established payment processors trusted by investors, as evidenced by our market research. The payment processors we’re working with allow conducting investment transactions faster and without any bureaucratic problems, therefore we think the investors can be satisfied with the selection of methods to fund their accounts.

6. How highly would you rate the security of your own website? Tell us about your hosting provider and how highly would you rate them as a service provider?

Our hosting provider is Dragonara.net. We are confident in this company and so far satisfied with its services. I heard that Dragonara provided web hosting and DDoS protection to many financial companies, banks and Internet services, and so we are confident that they know their business and will remain a faithful partner for us.

7. What about your script? Is it a custom design made especially for you? Who is the provider? What do you think the benefits of this script are to both the admin and the investors? Are you using SSL encryption?

We use a unique script on our site that was specially ordered in one of the US agencies. As for design, it was ordered in the European agency that participated in the development of design products for the Olympic Games in Athens. We invested several tens of thousands of dollars in our startup and when we actually started we were very pleased to get positive feedbacks about Flamanta design and the service in general.

Our script is very convenient when it comes to project management and it’s convenient for investors as well. We regularly get their positive feedbacks. As for SSL encryption, by all means we use this technology. We couldn’t afford to let ourselves save money on the safety of our clients.

8. What kind of customer support do you offer? What is the best and most efficient way to contact you if I have any questions? Tell us in particular about your telephone support. If I call you will I find an actual Flamanta representative on the line?

Well, you’d better turn to the online chat on our site. We operate online, so the best way to contact us is to contact us online. As for phone support, our consultant answered people’s questions within the first week. However, we came to conclusion that too many people turned with the same questions and now phone support functions as the answering machine. Anyway, we carefully listen to all questions and try to contact those investors, whose question requires a live reply. We also have e-mail support for our clients.

Dear investors, we always try to be there for you and answer all your questions. Contact us and we will surely turn our attention to your question.

9. What have been the most common questions, problems, or other support related issues that you have had to deal with so far? Is there anything you would like to address here so that members can avoid having to contact you?

Yes, such questions do exist. People commonly ask why our investment project is called Flamanta and the company, on behalf of which we run the business, is called Dixoman Trading. Oddly enough, it’s a very common occurrence when a legal name of the company differs from the project name on the market. Dixoman Trading has all the rights to the brand Flamanta, and runs its business in accordance with the laws of Cyprus.

There are also many questions about the history of our company and how we make money. At this point I’d like to recommend reading “HFT business model” and “Our business” sections on our site.

10. Tell us more about the general advertising and promotional strategies being used by Flamanta. In a very competitive market what are you doing to bring Flamanta to a wider investment audience?

Our company shares the opinion that it’s no way to lead people by the hand. People understand clearly where it’s profitable to invest to and where it’s not. Those, who gave themselves the trouble to read about High Frequency Trading technologies, don’t need banners and other adverting tools, as they will soon probably become our clients by realizing the fact that now it is the right time for HFT and probably in several years this business won’t generate so much money as we get now. So, the faster investors realize how promising HFT technologies can be, the more they can earn.

So, I may draw a conclusion that we do not advertise our company, we advertise HFT technologies, about which you may read in Wikipedia, SmartMoney, Forbes and other business magazines that highlight trading technologies. Today we’re the only company on the Internet that offers trust management services by investing investor capital in HFT business. Getco is a leading offline company engaged in HFT, as for online sphere, the major and the only investment company engaged in HFT is Flamanta.

11. Do you have any opinions on the current crisis in the online investments industry? What do you think lead up to it and would you have any suggestions as to how the situation could be improved? What are you doing that’s any different in order to earn the trust of the online investments community?

Our company is so young yet and it’s too early to speak about the crisis. Those several months, during which we’ve been operating, speak about the growth in the number of clients rather than the crisis. I looked through your blog and noticed that there became fewer ads, maybe it’s due to the crisis though we notice nothing of that kind. My experience leads me to conclude that slowdown in business always occurs in summer. If you noticed some crisis, take the factor of seasonality into account.

12. Can you explain to readers about your registration in Cyprus? What does the process involve and does it give you any sort of license to carry out your activities?

There’s nothing to explain here, everything seems quite clear. Our company is registered in Cyprus, you can prove this information on our site http://www.drcor.mcit.gov.cy/portal/page/portal/Eforos/dttSearch_en
Having several private offices in New York and Chicago, we run our business in the USA, so we need no Cypriot licenses. The Cyprus company is a legal entity owning the brand of Flamanta and representing the interests of our investment company.

Perhaps someone may think that an investment company always implies a big office placed on several floors in a business center, a lot of people, etc. Keep assured, it’s a mistake. When it comes to the company engaged in HFT business, the picture of our activities is quite different. In Chicago and New York we rent a few small premises located near the NYSE and CHX. These premises contain racks with servers controlled by our traders and managers in other offices. Our business is hidden from prying eyes, that’s why we contact our clients via the Internet.

13. Are there any plans to develop Flamanta further in the near future? Will there be any interesting changes made soon? How are you planning to keep the program competitive with so many good long term HYIPs coming online recently?

In the context of leading business on the Internet, we plan to significantly increase our client base, perhaps we will introduce new funds and open new regional offices in Europe and Asia. In the context of business organization, now we’re negotiating the purchase of a small investment company in Hong Kong. This company has an office just near the HKSE, where we could place our servers for conducting HFT business. Asia is a strategically interesting region and we would like to have a part of our business there.

Speaking about our relationships with clients, we hope that partner relations with thousands of established clients will be strengthened and new clients will opt for Flamanta when considering investment programs, as Flamanta gives the opportunity to get profit not just for us, but for our investors as well.”

Thanks a lot to Ronald for that and I’m sure we’ll be hearing a lot more from him and the Flamanta team for some time to come. The industry could certainly do with a program like this so in everybody’s best interests let’s hope it gets the success it so obviously deserves. And while I have to advise caution at all times when handling money over the net because all I can honestly assess here is potential, Flamanta does look like it could gradually grow into something much bigger and much stronger and be as good as anything new we’ve seen in recent months.

That’s about it for now everyone. Hopefully you’ll survive the rest of this Friday the 13th and enjoy the coming weekend! But don’t forget to check out MNO again tomorrow for all the latest news updates from around the industry, so see you all then!