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BEWARE! THIS PROGRAM HAS STOPPED PAYING! DON’T INVEST!

Hi guys! It’s already looking like another busy week ahead for money-news-online so I’ll again have to make more than one blog post per day to keep up. So I’d like to start the day and the week with the long awaited interview with Chris, the admin of GloriousProfit.

As you may remember GloriousProfit is a short term HYIP with an investment plan that runs for 30 days. Depending on how much you invest you are offered the chance to earn between 5% and 5.5% interest on your deposit per day. So have a look at the interview and see what you think. If this one is of interest to you then you can refer back to my original review (published here) for further information.

1. Please introduce yourself to the readers of money-news-online and tell us about your personal involvement with GloriousProfit. Have you ever been involved in an online HYIP before? What experience do you have in managing investor’s money?

Hi Paul, thank you for conducting this interview with us. My name is Chris and I am the owner of GloriousProfit. I have one partner (Ron Cash) who helps me deal with managing GloriousProfit and keeping everything running smoothly and efficiently. I deal with the support and payouts. Ronald does most of our technical work and also he also evaluates daily the deposits/payouts and deals with improving the investing side of GloriousProfit. This is our first online related site; we both have prior offline business skills which we acquired while working in the financial industry. Together Ron and I put our skills together and decided upon GloriousProfit which we give all our members a place to invest safely.

2. What are the investment plans being offered by GloriousProfit at the moment? What are the minimum and maximum amounts to invest? Are payouts automatic or should I request them? What payment processors are you currently dealing with?

We have one main plan with three levels and it depends on how much you invest for your daily percentage.

Level One: The minimum investment for this level is $10 and the maximum is $999.
You will earn 5.00% daily for 30 days with a total return of 150%

Level Two: The minimum investment for this level is $1000 and the maximum is $4,999.
You will earn 5.25% daily for 30 days with a total return of 157.5%

Level Three: The minimum investment for this level is $5,000 and the maximum is $20,000.
You will earn 5.50% daily for 30 days with a total return of 165%

To withdraw your money you will need to request it daily. I typically process all requests within 12 hours with a max of 30 hours as per our terms.

To accept deposits in the program, we work with several payment processors, such as; LibertyReserve, PerfectMoney, StrictPay, SolidTrustPay and AlertPay. Our AlertPay, SolidTrustPay, and StrictPay accounts are all verified.

3. The first thing I know a lot of readers are going to want to know is your opinion of the collapse of so many high profile short term programs recently. What do you say to investors no longer confident in such programs? Some have suggested it is your intention to scam after 30 days online. How do you respond?

In this industry there are ups and downs. I have seen recently the downfall of many other programs. The first thing I would tell all investors is to analyze everything the site has to offer (Security, Design, Script, Payment Processors, & of course the Plans). This was our first major decision we made, we decided to give all investors a secure plan which would be safe and give members the security they all want. First our plans payout daily and we know that members like to see daily earnings and give them that push daily toward trusting us. I now can say after 3 week online GloriousProfit is a very safe investment and we now also accept AlertPay and SolidTrustPay!

On the note you said you members may have suggested we scam after 30 days; this is completely false and to reassure your members why it is false is because we payout daily. Some of the first members are already in profit and loving the time spent at GloriousProfit.

4. Can you explain to us in detail the security of GloriousProfit? What measures have you taken to protect member’s accounts? Who is your hosting provider and how is the site protected from hackers and DdoS attacks? Are you on a dedicated server? What script are you using?

The security of GloriousProfit was a huge priority for us. We spent a week alone just to decide upon a safe and secure environment for our investors. First, we are hosted on a dedicated server from Koddos. Who we have seen their track record and were very satisfied with their protection. (Even after 3 ½ weeks online still very satisfied). Next we decided on a very secure script that members seem to prefer, so we went ahead and chose Gold Coders and our script is fully licensed too. Ron, our tech guy, also made a few additions to security such as secure folder (htaccess) to secure the administrator panel. Along with the secure folder, he added such modifications to the script to ensure top security.

5. How highly would you rate the performance so far of your hosting provider and your script? Have there been any problems with either?

As mentioned above, our script has so far (and will continue) to be a very secure script for are needs. GoldCoders support is excellent as well and is there for whenever we need them.

On the hosting side, Koddos is magnificent. I would rate them as one of the top providers and would recommend them to anyone looking for some highly protected ddos hosting.

After 3 weeks online, no problems have been encountered. If any problems they have been on my side and not the technical side.

6. How have you been promoting the program up to now? What advertising strategy are you using? How big a part have the existing members played in this? Are you satisfied with that level of support?

We have thought about this a lot. At first we thought about purchasing advertisement from some major forums, but after analyzing this into more detail we thought about other ways. First we support in the 4 major forums that can be found on our ratings page. We found members liked this and continued to support us along the way to where we are now! Next, we started to send out newsletter often to show the support we give and how much GloriousProfit means to us. Our member support is great and can’t be happier about it!

And lastly, we have contacted you. You provide a great service and are very kind to deal with and would again like to thank you for everything you have done. GloriousProfit is doing better than ever now!

7. What about the success of GloriousProfit so far? Are you pleased with the level of growth to date? Can you give us any statistics on the amount of members and the total amount deposited? What are your expectations over the coming months?

Currently, GloriousProfit stands very strong at 1,237 members and is still continuing to grow at a rapid pace. So yes, I am very pleased about the success of GloriousProfit and look forward to all the newcomers that come soon to GloriousProfit! In the beginning we sent out emails giving the stats of GloriousProfit and gave you the total amounts of deposits. As our site became a lot bigger and almost doubling the members, our total deposit has inclined immensely! But now have decided to keep these stats private but I ensure everyone that it is doing very well. We’re here for as long as possible and see us being here for many many months without worrying about level of income.

8. What level of customer support do you offer members? How can they contact you if they have any issues with their investments?

Since the start of GloriousProfit, I have been offering e-mail support, forum support & even live support! Most of our members deal with me live with our live support and invite you to talk to me anytime. I am available for most of the day and online about 15 hours each day.

If you have an urgent problem or just need some assistance, then the best way to reach our support is through live support, but if it offline then our email support is the next choice. Within a couple of hours, your e-mail will be reviewed and answered promptly.

9. Staying on the subject of support, after three weeks online what would be the most common problem or question that investors contact you with and how do you resolve it?

I would have to say that the most common problem (not many) is on the user side. When depositing into your account you must fully complete the process and continue back to the merchant in order for the script to see you placed an investment. Besides this problem, the other common question we received a lot was asking about AlertPay and SolidTrustPay. Now we’re happy to have introduced both of these and it is not common anymore.

If any of your members have any problems, be sure to send them to our Support Ticket System.

10. I notice you have a Live Chat feature. Is that open for the members on regular fixed hours or just whenever you are online? What are the best hours in GMT to find you or a support operator there?

Yes, our Live Support is available every day. It is not fixed but I can say it is available for 12-15 hours daily. If you have any questions or need to get a hold of me fast. This is the best way to do so. I welcome all members or possible members who have questions or just want to talk. It is available at GMT-5 between 8:00am-9pm (8.00-21.00)

Please do not abuse the system or I will close the chat without notice. Thanks!

11. There is a pretty big choice out there for the investor so if you had just one thing to say to potential investors to convince them to give you their money, what would it be?

When any members evaluates any site they wish to invest in, be sure to look closely at each and every detail they have to offer. Most are fast scams and don’t even offer verified accounts which give out are real identity. GloriousProfit is really solid and stable and you should only invest in plans that are stable and are manageable to last a long time. Our members will soon realize this fact; once they begin to trust and invest with us they will see our fast service with a great daily return. I would like to tell all potential investors that if they are looking for safe and stable investments with relatively high returns, then they should consider investing in our program.

12. As well as the good new ones, it also seems that a lot of other ones are collapsing (or scamming). What is your opinion of the online HYIP industry in general? Would you like to share any of your own experiences either good or bad in the online investments industry with us? Not as an admin but as an investor or an observer.

It is a hard industry for members to spot the good quality sites and is sad to see so many members being scammed by these so called businesses. I stress to all members to really look into the detail and see how much effort and organization the admin has put into the site. Most programs that offer a plan of 20 days or less will scam soon; if not after just 1 or 2 weeks online. I’ve seen as being an observer there or serious investors that will choose long term businesses like plans that go longer than 100 days. But I personally think as an admin that if you get a plan that brings an roi around what GloriousProfit offers and a plan longer than 20 days we can fully manage it with the best potential for our members.

13. And finally, what can we expect to see in the future from GloriousProfit? How do you plan to further develop your program, to attract more members and to improve your position to become a top online investment programs?

The future is looking very great! We have already in the first few weeks online added most of the best features that all members will like. Occasionally I will create a nice incentive contest or maybe some more special offers, but no matter what comes your way, it will be positive and make your day just that much better! In a few days, I am thinking about doing some top advertising and should bring in more members for us to become higher up in everyone’s listings.

Take care everyone and enjoy GloriousProfit!

Thanks a lot to Chris for that. I hope it sheds a little more light on the program and helps you decide whether or not GloriousProfit is suitable to meet your individual needs. But for what its worth they do have their fair share of admirers so far and it’s hard to find fault with their performance to date. That guarantees nothing of course but at least we know they can do a reasonable job as long as the cash keeps flowing.

That’s about all for the moment but don’t go far! I’ll be back later this evening with a more detailed news update from the programs being monitored by me and also with a new review of SensibleInvest, a new short term HYIP that I joined a couple of days ago. So stay tuned for that!

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