28/04/2011. Interview with the admin of GulfReserve

Beware! GulfReserve has been moved to Problem status on MNO due to selective payouts! Do not invest there!

Hello everyone! For the first update today (don’t worry, I’ll have all the main news stories for you later this evening) I have another interview just received from Alina, who some of you might know as the admin of a curious medium to long term online HYIP called GulfReserve. At first glance it may not look so much different from a lot of other programs around in the recent past but what differentiates them is a fairly unusual payment system. GulfReserve are offering hourly payments on all their investment plans which is something one normally associates with with extreme short term games with terms of not more than two days. GulfReserve on the other hand make them for plans that run for six weeks, although they do have a longer term plan with daily withdrawals.

The full list of plans are described by Alina below, but briefly before we hear from her I can tell you that the terms available from GulfReserve include 4%-5.5% for 30 business days (but paid by the hour), and 1.2% for 150 calendar days. For more information about that and other aspects of the program please refer to my original review published here.

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

I am Alina and I come from Lithuania, eastern Europe. I am currently the administrator of GulfReserve (actually, acting administrator and not the owner) and also residing in Dubai. All my experiences related to HYIP industry is limited to investing as a member in GeniusFunds, and I am an accountant myself and have worked previously in Hansa Bank.

2. Can you also tell us a bit more about GulfReserve itself? How long have you been in business? Are you running this alone or are there others involved with you? Why did you start the program to begin with?

Actually in background there is not any company called “GulfReserve”, and neither we had intentions to start any HYIP program instead as explained in our tour and about us text that we are a private legal and recognized firm in all over GULF countries and our board of directors has shares in these various oil suppliers.

Reason behind starting “GulfReserve” was to provide an online interface to our existing investors so they can track performance 24×7 as well as deposit and withdraw online using AlertPay (which is really common in Gulf countries these days). Actually addition of remaining payment methods such as LibertyReserve and PerfectMoney was a point when we realized we are jumping in this “HYIP industry”.

We don’t really need to be part of this industry as we have our own investors base who were just waiting for an online interface while this new interface also gave opportunity to hundreds of other online investors to make profits with us and that is what is really happening.

3. Please explain the investment plans to us in detail. 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?

Minimum amount to participate is $1 with no-maximum and we offer from 4% to 5.5% ROI but we have adopted a unique method of splitting their daily ROI by 24 hours and credit ROI instead on hourly basis. It has benefit so members can withdraw instantly as many times as they want per day to have more confidence on us.

Our current investment Plans are:

Qatar Plan: 4% Daily for 30 Days = 120% ($1 to $500)

Bahrain Plan: 4.5% Daily for 30 Days = 135% ($501 to $2500)

Dubai Plan: 5% Daily for 30 Days = 150% ($2501 to $5000)

Kuwait Plan: 5.5% Daily for 30 Days = 165% ($5001 to Unlimited)

Above plans, as you can notice are named after different famous and recognized regions of the gulf but investing in a certain plan may not mean that your amount has been specifically invested in selected region. There are more hidden investment plans which are only available to our VIP investors club in their accounts area.

We also have some side plans to facilitate more investors looking for different kind of solution:

Short Term Plan: 105% after 5 days. ($5 to $500).

Long Term Plan: 1.2% daily for 150 calendar days. ($1 to $10,000).

4. Can you give us any statistics regarding the program? Particularly in relation to the number of members, the amounts paid in and out, and from which plans.

I am not allowed to disclose statistics from our VIP investors club (our real investors base using same online interface), however apart from that we have about 600 active members.

5. If a reader wants to join GulfReserve then what payment processors are you using? What are the most popular choices?

We accept 3 payment methods at this time: LibertyReserve, AlertPay and PerfectMoney. Its obvious that AlertPay has been top choice of customers lately while LibertyReserve is second most popular choice of investors.

We are looking into possibility of adding more payment methods such as SolidTrustPay and this can be expected to happen in coming days.

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? How well protected are you from DDoS attacks?

I may not be able to rate it because I believe I have ensured 100% and maximum possible security around the site. Yes, We are on DDoS protected hosting on one of staminus dedicated servers. All form submissions are secured by 256-bit SSL encryption.

7. What about your script? 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 are using a heavily customized to our needs script from MonetarySoft. I think its easy to use for both admin and members while really powerful administration panel and different control panel for staff

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?

We offer customer support via live chat and email. We are also considering hiring phone support staff in the future but most people answered as phone support doesn’t matter to them in our last survey so we are not giving it too much of priority.

Soon we will be starting our representatives program where our online members will be able to find a representative of GulfReserve near their locale.

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?

One of very common questions is if their principle is returned from our investment plans, and the answer is No, your principle is included in the total returned amount which is respectively 120%, 135%, 150%, 165% also 105% and 180%.

10. What other outside business and investment activities are GulfReserve involved with? Can we see any independently verifiable proof of these activities and are you licensed by any authority to offer financial services such as you do?

Our board of directors still considers it unsafe about exposing real firm details and information “yet” because all of us know that this “HYIP Industry” is absolutely unpredictable and any security related scenario can cause a huge damage to a program and real firm behind it AND also it is meaning less to involve smaller investors who only expects High-yeild returns from GulfReserve, however such details are only available to our VIP investors club, also our actual license doesn’t allow us to deal with anyone we don’t know.

So basically for small and medium sized investors we have “GulfReserve” as an HYIP program while for serious investors, after they send us their real identities and all requirements for “KYC” policy is fulfilled, they are then considered as one of investors for our real investment firm and after that they can even come down to our office lounge and have a cup of tea with us.

I believe (unlike many other programs) its un-necessary to add those corporation certificates from Panama or Seychelles because after launching GulfReserve, I received several emails from different people who could make them for me for a couple hundred dollars, Its unfair and I don’t want to deceive anyone, GulfReserve is available to every person who has confidence in us.

11. Tell us more about the general advertising and promotional strategies being used by GulfReserve. What are you doing to bring GulfReserve to a wider investment audience?

I have a separate team based on 3 professionals to ensure rapid growth of “GulfReserve” and for this purpose we are advertising on different monitors, PTP/and Non-PTP forums also upgrading our listings on different blogs as we find they are worth it.

We also have initiated a weekend bonus program so both our free members and investors can earn interesting bonuses and that is keeping our snow-ball rolling and eventually turning bigger and bigger.

12. Are there any plans to develop GulfReserve further in the near future? Will there be any interesting changes made soon? How are you planning to take the program forward in such a competitive market?

I consider as maybe we are only program which really cares about its members and seriously considers their suggestions and appreciates there interests in “GulfReserve” and for their hard efforts in promoting us. If you are reading this and have been a part of GulfReserve, you sure know what I mean.

But as previously explained we already have our actual investors base even before we started “GulfReserve”, for those who are looking to be part of it as an serious investor are welcome to apply for VIP investors club membership by contacting me while smaller and medium size investors are making money with us and that simply gives us more credibility in this “HYIP Industry” so I believe it will take time and at least 2-3 cycles before we are considered as number # 1 investment program online!”

Thanks a lot to Alina for taking the time to answer my questions there and I hope you found some useful information in there. Best of luck both to her and more especially to the present and future members of GulfReserve. I hope we’ll be hearing a lot more about the program in the near future. So that’s it for the moment guys, but not for the day. As I said at the start I’ll be back a little later this evening with all the news that’s worth knowing from the HYIP industry so make sure to check back here then for that. See you all then!