Feb 29th, 2012 Archives

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Beware! III has stopped paying! Do not invest there!

Hi everyone! First off all I just noticed that it’s February 29, so it’s leap year. Happy birthday then to any readers celebrating today, it doesn’t come around for you very often so be sure and have a major party. Just don’t try to fit four years worth of birthdays into one night, it wouldn’t be particularly good for your health, lol! A lot of people also like to think of February 29 as sort of a day of possibilities, a free gift if you like, to go and do something completely new and adventurous. So good luck to you if you think that sounds like a good idea.

Anyway, it’s been another slow enough news day so far I think, but that’s OK because the main article I have for MNO readers this evening is about the admin of a recently added program called III. His name is Steve and I have an interview with him today where he explains some of the finer points of his program, which is a short term HYIP that offers plans with low daily interest payments that don’t actually put you in profit until they return your principal on expiry. But III‘s terms are still short! They include 2.5% for 120 days and 2% for 7 days, with principal returned on expiry. If you like what Steve has to say about III and want some further info then you can start with some further information in the more detailed review published here:

1. Hi Steve, please introduce yourself to the readers of MNO and give us a little background information on yourself and your experience in managing other peoples money.

Hi Paul and all MNO readers! My name is Steve Irven and I am the administrator of the III project. I have ten years experience in investments and trading. Our company has been in the investment industry for more than eight years and all this time I have been successfully managing the money of those people who we cooperated with.

2. Can you share some facts about the III business with us? How long have you been in operation? Are you the sole employee or do you have an assistant or a partner?

As I have said our company has been in business for over eight years. Of course, it is impossible to manage a successful company alone. I have a great team that consists of experienced traders specializing in ForEx, domain investment, Internet marketing, software marketing, etc.

3. Assuming someone is coming into the online investments industry for the first time, can you talk us through a step-by-step guide in how to become a member of III and what happens afterwards?

It’s very easy to become an investor of III. The registration process won’t take much time and once you register you can make a deposit in one of our investment plans using Liberty Reserve or Perfect Money. You are asking what happens afterwards? The process of moneymaking!

4.What are you offering investor in terms of plans and profits? What is the minimum and maximum amounts you can invest? What rates of interest do you pay?

We are offering two investment plans.

The first one is called “Short Term Investment Plan”:
Daily Interest: 2%
Minimum Deposit: 10 USD / Maximum: unlimited
Term Duration: 7 calendar days
Payment Options: LR and PM
Principal Return: YES
Withdrawal Frequency: Unlimited daily
Referral Commission: 6%
Withdrawal Type: Instant

Our second plan is called “Long Term Investment Plan”. And here are the details of this plan:
Daily Interest: 2.5%
Minimum Deposit: 10 USD / Maximum: unlimited
Term Duration: 120 calendar days
Payment Options: LR and PM
Principal Return: YES
Withdrawal Frequency: Unlimited daily
Referral Commission: 6%
Withdrawal Type: Instant

5. When some investors notice some sudden or unexpected changes to a program’s investment plans as recently happened with III they get a bit nervous (and sometimes with good reason). How do you respond? Why did you feel the need to introduce a new plan so soon after opening? Why not have it from the start?

First of all, I want to make it clear that we are here to stay and to operate for a long time. We launched the project offering a long-term plan because it complies with our investment strategy. However soon after we went online we understood that the world of online investments differs from the world of investments we’ve been engaged in for the past 8 years. Therefore we conducted a poll and received lots of requests from our members. The thing is that many people here want to make money fast, so we discussed this matter and decided to launch a short-term plan, and of course we couldn’t make it as profitable as the long-term one because other rules are applied in fast operations with money. But we know that there are also many people who like investing for a long time. Our long-term plan is longer, however it is more profitable.

6. What payment processors are III currently dealing with? Are you allowing instant withdrawals? A lot of admins don’t feel this is very secure, but you obviously don’t agree, is that correct?

We are dealing with Liberty Reserve and Perfect Money. All withdrawal requests are processed instantly. We understand that investors prefer this type of payments and did everything possible to ensure the safety of all transactions.

7. Can you give us any other general statistics on the program, for example the number of active members, total deposits, total withdrawals, etc?

Sure. The total number of active members: 2300
The invested amount: $78,000
The withdrawn amount: $8,700

8. What would be the best and most efficient way of contacting you if I have any questions or problems?

We provide support by email: support@iii.biz and by phone: +44 8455280246. We are always ready to answer all questions of our members and to solve all their problems as quickly as possible. You can also open a support ticket on our “support” page.

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?

The recent popular question concerns a change in the layout of our website. This change was made because of the addition of a new short-term plan. Around 60% of investors asked the following question: “where is my deposit, I see zero”. Even some popular monitors changed our status to problem 8 hours ago, so I sent them emails explaining the change in the control panel.Some changed our status to paying but our status at one is still problem. So I want to explain all investors what happened. The thing is that when investors entered their member area before, they used to see information on the long term plan on the top of the page. After the addition of a short-term plan, the information on a long-term one moved down, so now when you enter a member area you see info on a short plan. Of course investors see zero in case they do not have a deposit in the new plan. So all they need to do is scroll down and be more attentive in the future. They should not panic because it may immediately ruin the project they invested in. Please, always wait for a reply from us. Always conduct a full research on a project you want to invest in and have faith in it if you have already invested.

10. Can you tell us in detail about the security of III? Who is your hosting provider and how highly do you rate them as a service provider? What script are you running off? Do you have SSL encryption?

Our script is fully customize and is highly secure. We use SSL encryption from Comodo which guarantees secure transactions and our hosting provider is Staminus (a good one with fast support).

11. What other outside business and investment activities are you involved with?

We are involved in Forex, domain investment, Internet marketing, software marketing, etc.

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

My team and I understand the importance of advertising. Our promotional strategy is thought over and consistent. III is monitored by reputable monitoring services which can be found on a “monitors list” page, so you can always check our payment statuses there. Our project is also presented on many forums that can be all found on a “forum thread” page.

13. Are there any plans to develop III 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 other options open to investors?

Of course we plan to do our best in order to provide the best investment services for our loyal investors, so any suggestions are welcome. I think III is a good and competitive program because it offers great profit for investors with minimum risks.

14. And finally, is there anything you feel that wasn’t covered in this interview that you think the readers of MNO should be aware of? Would you also like to comment on the review of your program, especially to address anything you felt was mistaken or somehow unfair?

I think your review is fair and detailed, so thank you for that. In the future we are planning to offer principle return at any time in the long-term plan. We think that investors will like it. I also want to say that we highly appreciate investors’ support and want to thank everyone who has been supporting us so far by posting their payment proofs on forums and voting on monitoring websites. Thank you!

That’s all for tonight, guys. Thanks a lot to Steve for his interview and I hope anyone thinking of making a deposit in III found it helpful in making a decision as to whether it’s a suitable addition to your portfolios or not. And if you’re already an III member then good luck to you in making a profit. I hope it’s going to be a long running project for all of us, admin and investors alike.

I’ll be back again tomorrow with all the important news stories from around the industry so make sure to check out MNO everyday as the best way to stay informed. See you all then!

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