Mar 22nd, 2010 Archives

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BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi guys! Well if Sunday was busy there seems to be no let-up in Monday either! Not for me anyway as again I will be posting twice today. As usual you will need to check back here again later for the news updates but first I have an interview with Josh Lilo. He’s the admin of CurrencyBasics, a recently launched short term HYIP which has been gaining in popularity. The admin seems a pretty straight-talking guy and I think one that knows what he wants to do with the program and gets straight to the point of saying so. A refreshing approach!

I’ll just remind you before we begin that CurrencyBasics offers terms paying 0.25% for 10 hours, 5.2% for 20 hours, 55%-70% for 2 days, 105.2%-128% after 1 day, 114%-170% after 2 days, 280%-400% after 17 days, and 500%-850% after 31 days. Does that all sound a bit much? Not to worry, you can see a fuller description of the program and its plans in my original review published here.

1. Hi Josh, please introduce yourself to the readers of MNO and tell us about your own role within CurrencyBasics. What are your own duties within the program? How would you describe a typical working day for you as an admin of an online investment project?

I am Josh Lilo and I am the manager of CurrencyBasics. I am working alone and it’s a good thing because I don’t need to share profits with more people and it leaves more money to pay to investors. In the morning when I get up I check balances, contact traders in charge and read market news. The rest of the time is for managing CurrencyBasics. I reply to emails, solve problems and work to promote it online. Withdrawals are processed in the evening.

2. Can you also give us some background on the program? How long have you been running? What were you hoping to achieve by starting it in the first place? Apart from you is there anybody else working on CurrencyBasics?

I have traded myself and I know a few more people who trade intraday. My hope is to make more money for myself and to pay shares to investors of CurrencyBasics. So far this project was great.

3. What about the investment plans? Can you explain them in detail to us? What are the minimum and maximum amounts for investment, what rates of interest are on offer and how long do they run for?

The minimum deposit is $5. The maximum deposit is unlimited. But investors can make multiply deposits at a time. There are hourly, daily, weekly and monthly plans for every type of investors. A brief description can be found on the index page and details in member account.

4. Tell us about the payment options available from CurrencyBasics. What payment processors are you currently dealing with? Has the lack of choice hindered the program’s growth in any way?

You can invest via LibertyReserve and PerfectMoney. And my program is already popular and growing. I am working hard to add other processors in future.

5. 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?

CurrencyBasics is secured by Ddoswiz, SSL certificate. I bought and installed a licensed script from Goldcoders and I use a separate computer for all transactions.

6. What about your script? Who is the provider and what do you think the benefits of this script are to both the admin and the investors?

A licensed script powered by Goldcoders. It is the most known and popular now I think.

7. What kind of customer support do you offer? What is the best and most efficient way to contact you if I have any questions? What is the most common question or support issue that you have to deal with?

I usually reply by email within 12 hours. The most common questions are “How do I invest?” and “How much profit will you pay?”. Check FAQ and member account please.

8. Can you give us any statistics about the program regarding the number of members, the amounts deposited and paid out, and the popularity of the individual plans?

Live site statistics are available on the index page and it’s real. As I said CurrencyBasics is becoming really popular.

9. What other outside business and investment activities are CurrencyBasics involved with? What are you doing with your member’s money and how are you generating such profits? Can we see any proof of your activities here?

The main business is intraday forex trading performed by a few traders with strong experience in this field. Sometimes I go to put orders myself but I never take all members money at a time. It’s 30% for me and I leave 70% for traders.

10. Are there any plans to develop CurrencyBasics 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 new HYIPs opening every day?

First of all CurrencyBasics offers highly competitive rates. I don’t see that many good programs offer the same rates. I am working with more advertisers to promote it. And I am seriously planning to develop it all the time to make it a stable fund for online investors to make deposits and get high profits in short time.

Thanks a lot to Josh for that and best of luck to him and all the members. That’s it for the moment but as I said at the start I’ll be back again later tonight with a full round up of all the day’s important stories so don’t go far and stay tuned for that!

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