09/02/08. BPP Re-Launch Analysis

Hi, guys! First I would like to bring a small reminder to the attention of all the members of SurfProfitPro. Sunday (SPP server time) is the last day when you can request your cashouts. After that Dave will start to process all the requested cashouts on Monday server time and everybody should get their payments by the end of the day. Also Dave sent a quick warning today regarding your payment processor details which should be correct: “Please check your payment processor details when making a withdrawal request. Once I process the withdrawals tomorrow Monday, it will be final. I will not accept any requests of re-payment if your payment went to the wrong payment processor ID“. So re-check your payment details in SurfProfitPro and make sure they are correct before requesting your withdrawal.

But today’s main theme is not about SurfProfitPro but about Dave’s other program BusinessProfitPro. Well, it was actually a program from which all the ProfitPro network of sites had started. BusinessProfitPro once extremely successful first fought with tremendous DDOS-attacks that were unleashed by their envious competitors. The irony of it is that after the successful changing of their hosting provider BPP being the profit share type of HYIP had to compete with short-term HYIP FastProfitPro. Of course that was the last nail in the coffin of BusinessProfitPro from FPP that originally was made to gain the attention to BPP.

BusinessProfitPro couldn’t recover after that last blow and more recently the daily ROI was less than 0.2%. Finally it was getting more and more obvious that the program was dead already and of course couldn’t compete with other HYIPs that despite of much higher risks offered much higher daily ROI. You shouldn’t forget that HYIP means “high-yield” program and the meaning of this all is people who invest money in order to get a bigger percentage than a bank offers.

So the bottom line is BusinessProfitPro failed despite of anti-HAR system, an honest admin and original ideas. All that couldn’t help BPP to survive and there’s nobody to blame for it. Just many factors affected the performance of this program and the admin could do nothing to stop the negative trend.

It should have been logical just to close the program and issue some refunds like Dave did in the case of FastProfitPro but Dave is not a man who gives up so easily. So he decided to re-launch BusinessProfitPro as a low-ROI HYIP that will offer to investors 2% for 70 days. The sign-ups are disabled now because the project is in its pre-launch stage but since they are enabled I’m sure the program will become hot.

I appreciate Dave’s decision to re-start BusinessProfitPro from scratch. At the same time the members that are not in profit (myself included) will not lose their original deposit as it will be calculated as an amount all real deposits minus real withdrawals (auto-upgrades will be ignored). All members that are in profit will have their accounts zeroed out and will start from scratch. I think it’s a fair decision especially considering that there’s not much money left in the program and to ensure the survival of BusinessProfitPro and its future development in its new incarnation.

Some members will be annoyed that they were building their balances by constantly re-upgrading and will not see these huge amounts in their accounts after the re-launch. I fully understand their feelings. Although you should remember that this money was not really a sort of income for BPP but just tied-up money made up from re-upgrades.

Then another questions appeared: why didn’t Dave just close BusinessProfitPro and issue the refunds from what is left in BPP’s accounts? This is his answer to this question that will tell us why he decided to continue with it:
“(1) We actually thought about closing the program and refund members of what’s left of the funds, but I can hear the “scam” screams already even if they receive a refund. Or (2) we can also just leave the funds alone and pay on a first-request-first-served basis until the funds run out at 2% per day. Or (3) leave the program as it is and disallow upgrades and auto-repurchase and just pay on a first-request-first-served basis also until the funds run out. And there’s more options that I’m not going to discuss here anymore. But you see, they are all “closure” options, and I’m doing this one last try to revive my program and see if members would actually still support it. But let me tell you now, THIS WOULD BE MY LAST TRY. NO IFS NO BUTS. I’ve done all I can“.

I think that was a wise decision. Really why close the program once was so successful if you can just reorganize it? I honestly think that it was not the admin’s fault that BusinessProfitPro failed. The flaw was simple: the time of profit-sharing programs is gone and we can see that more and more stable long-term HYIPs are appearing in the industry. Take Finansert for example. I think with the right admin (and I consider Dave as a very professional admin capable of running a program for a long time) I’m sure the renewed BusinessProfitPro will be a great success.

Here are some updates from Dave regarding the restart of BusinessProfitPro:

“– ALL ZERO/UN-UPGRADED ACCOUNTS are DELETED. If they want to join next time, they will have to sign-up again.
– ALL DORMANT ACCOUNTS ARE DISABLED and NOT DELETED. If they want to contest their accounts then they have to email me, but being unsupportive and haven’t accessed their accounts for more than 30 days, I don’t think I can do anything about them.
– SIGN-UPS are disabled for now until we RE-START… which should be on or around Feb.12 Tuesday server time.
– We are converting it to a LOW-ROI HYIP earning 2% PER DAY for 70 DAYS = 140% TOTAL ROI.
– All remaining active member’s accounts will start with their LOSSES (deposits minus withdrawals). If we include the auto-upgrades, there is no way that we’ll last nor the funds can handle it. Me and Gotenks did all the math and it is just not possible. If your account is zero then that means you are IN PROFIT.
– For more than a month, you all know that the program has been paying and paying, all outgoing and no significant amount incoming. Let me just be blunt that we do not really have that big of an amount on our BPP funds. This program HASN’T PAID ME NOR GOTENKS for more than 2 months now. So what is left is what is left. We’ll just have to deal with that. With that said, this is our LAST TRY to revive this program. If we still don’t get enough support then the inevitable closure will come. I think what we are doing right now is just fair, because 2% daily is way better than 0.1%“.

I’d like to say once more that I respect and support this decision and will be looking forward to the great re-launch. And if you have some concerns regarding the remodeled BusinessProfitPro please feel free to leave your comment for this post and I will reply back to you. Remember also that you can receive all the necessary info about BusinessProfitPro and other cool programs from my blog on a daily basis. All you need to do is just subscribe to my RSS-feed (click on the appropriate icon in the top right corner of my blog) or if you prefer to get my daily posts by email just fill in the form with your email address and you’re done. Thank you for your support, guys. I really appreciate it, and see you tomorrow!