20/01/2014. Interview with the Admin of AdBitrage

Beware! AdBitrage has stopped paying! Do not invest!

Hello everyone! Let me start by giving my best regards to the US based readers of MNO celebrating Martin Luther King Day today. Indeed, you don’t have to be in the US to admire the man and his achievements in making the world a better place for all of us, no matter what your race or creed. So as this is not a business day in the US, a good number of the programs I monitor will also not be working. In that case I’ve decided to take a break from the regular routine of posting news updates, however if there’s anything important we’ll catch up with in tomorrow’s post. I still have something for you today though, and I must admit it’s something I’m feeling quite positive about. One of the best longer term HYIPs to launch in recent weeks is undoubtedly AdBitrage, online since near the end of December which is actually a time of the year when we traditionally see a few of the better programs of the following year first starting up. And so for today I have an interview with Thomas, the admin of AdBitrage who has been doing such outstanding job with the program so far. Even at this early stage AdBitrage has climbed swiftly to the #3 position on my monitor’s Premium List (positions being based on the program’s popularity by my blog’s readers) and who knows, it may yet go even higher.

I’ll let Thomas talk us through the program himself in just a moment. First I just want to remind you that AdBitrage has just one single investment plan which offers investors 2.5% interest on all deposits of $20 and higher for a term lasting 100 calendar days. If you like the sound of that and like what Thomas has to say, then you can always refer back to the original review of AdBitrage for further information, which was first published on MNO here:

“1. Hi Thomas, please introduce yourself to the readers of MNO and tell us please about your own involvement in AdBitrage. What is your role in the day to day running of the program?

Hi Paul. My name is Thomas Quinn, the Administrator of AdBitrage. My role is to manage the investor side of the AdBitrage program, while acting as the liason between our investors and the arbitrage managers. After my morning coffee, the day begins with processing any pending withdrawal requests and helping any users that have submitted support tickets. By mid-day, I have a meeting with the arbitrage managers to discuss the progress of the program and to think of any ways that we can improve it. I then alternate between various activities ranging from e-currency and float management, to acting on program expansion ideas. From an investor’s perspective, I’m the main guy for just about everything.

2. Can you give us some background information on AdBitrage? How many others are involved with the program or are you operating alone? How long have you been online?

There are about a handful of us working for AdBitrage. This includes the “arbitrage managers” who manage which advertising spaces we buy and sell, our accountant who handles all of the finances, and myself, who does everything else. The program has been online since December, however we only started to actively market the program when we listed it on your site a couple weeks ago. As you know, the planning stages of AdBitrage began a few months ago, when we first paid for our MNO listing.

3. Explain the investment plans in detail to us. What ROIs are on offer. What are the minimum and maximum amounts to invest? What payment options are you currently accepting?

We have only one investment plan at AdBitrage, and that is our 250% plan. It accepts deposits starting at $20 and there is no upper limit. The plan pays 2.5% daily for a total of 100 days, which results in a total ROI of 250% (150% profit). We currently accept three forms of payment: Perfect Money, Egopay and Solid Trust Pay.

4. I mentioned in my review that you don’t give much information on the payout schedule, ie what is the maximum time that should elapse between members requesting their payment and actually receiving it?

For the security of everyone involved, withdrawals at AdBitrage are processed manually. We process these withdrawals once per day, therefore users should rarely have to wait more than 24 hours. With that said, the specific time that we process withdrawals may vary from day to day, so on occasion it may be slightly more than 24 hours. As such, our official policy is that withdrawals are paid within 48 hours. We request that members do not send us messages regarding their withdrawals if it has been less than 48 hours from the time of making the request.

5. How secure is the website of AdBitrage? What are you doing to protect it and members’ accounts from hackers? Are you on a dedicated server? Who is your host? What kind of anti-DDoS protection do you have?

AdBitrage is secured using SSL and is hosted on a dedicated web-server. Our website uses additional 2 factor authentication when processing withdrawals, requiring members to provide their secondary password in order to withdraw.

Our dedicated hosting is provided through ShadowScript, the developer of our site. The host offers DDOS protection, and we have additional DDOS protection from Cloudflare, a world leader in DDOS mitigation services.

6. What kind of script is AdBitrage running off? Where did you get it, how safe is it, and why do you think this one is most beneficial for you as an admin and your members?

As per the recommendation on Money News Online, we are using Shadowscript. I am under the impression that it is very secure. It is also convenient for everyone involved, thanks to the numerous features that it offers.

7. Can we see any statistics regarding AdBitrage? How many members have joined since the beginning and how many are active at the moment? Are you pleased with the support from the members so far? How important a role do they play in bringing in new members?

Right now we have about 1000 members. Other than that, we do not release specific statistics on the number and amount of investments made with AdBitrage.

Existing members play a large role in promoting AdBitrage, thanks to our generous 10% referral program. For every new investment that existing users bring to AdBitrage, they earn an instant 10% bonus.

8. How can members contact you if they have any questions or support related issues?

The best way to reach us in the event that there is a support issue is to use our internal messaging system. This system is constantly monitored, and allows us to keep track of all support issues so that they can be properly addressed.

9. What have been the most common questions and problems you’ve had to deal with so far? Is there anything you wish to say here so that members can avoid having to contact you later?

Surprisingly, there have been very few questions or problems that users have faced. Other than the occasional user who forgets their passwords, there have been no major issues. I give credit to ShadowScript for providing us with an easy to use members interface, which has likely reduced the number of support issues with the system.

10. How have you been promoting AdBitrage so far? What advertising strategy have you been using? How are you getting new members to join?

We’re using a staggered advertising strategy that begun with our listing on Money News Online. Our subsequent series of advertising will occur over the next few weeks, and will include listings on other investment blogs and monitoring websites. We may also run a referral contest at some point in the future, however the details of this have not been confirmed.

11. What exactly are you doing with investors money? How are you investing it and how are you generating the profits being made to members? Your website claims that you are involved with the sale of online advertising, but how can anyone guarantee an actual fixed income rate from this (or any) business?

The process by which we earn profits is fairly simple. We buy advertising spaces (or properties) in bulk, and then resell the advertising directly to advertisers. Our process is very similar to any sort of retail operation, where “inventory” is purchased in bulk, and then broken down and sold in smaller pieces to individual consumers.

We are able to guarantee a fixed rate of income due to our extensive experience in this industry and the sophisticated way in which we manage our earnings. While we pay 2.5% daily, the actual daily earnings are occasionally higher or lower. On days that they are higher, the additional earnings are allocated towards future payments.

12. And finally is there anything else you wish to say not covered in this interview? Also please feel free to comment on the review of your program published on MNO. If there was anything you felt was unfair, mistaken, or in any way in need of clarification then you are welcome to explain this in your own words here.

I was happy with your review of AdBitrage and found it to be fair and informative. Thanks for giving us this opportunity to showcase AdBitrage on your blog.”

That’s about it for today guys. As always thanks for reading and thanks a lot to Thomas for taking the time and effort to reply to my questions. It’s not really a complicated program or anything, but I hope it goes some way towards explaining AdBitrage and helps you make a decision on whether you think it a suitable addition to your portfolios or not. Good luck to everyone already involved with the program, I have high hopes for it making a profit for as many of you as possible in this industry which is of course still a gamble. See you all again tomorrow for the latest events from the HYIP world, so stay tuned for that and bye for now!a href=”http://www.money-news-online.com/monitoring/mno/goto.php?id=686″8. How can members contact you if they have any questions or support related issues?