Just read from a review site I frequent to hold on investing in Invex. At least till the 2nd week of August 2005 before you do anything.
Why?
He suspects Invex will run with the money. He also says that at least another person has expressed the same misgivings.
I'm in the black with Invex. I'm fine even if it goes.
If you're still keen on Invex, invest at your own risk, as I've blogged every so often.
This is a reeeeaaaal dramatic turn of events!
The crux: Karsten is closing Sunflower Seed - Temporary? Forever? http://www.sunflowerseed.net/forum/viewtopic.php?t=239
He couldn't decide. So, how should I know?
What I do know, this is an honest guy in dilemma. He's tired and tempted, but his morality just wouldn't allow him to run away with the money.
I haven't checked the reactions to Karsten's sudden action yet, but I know this is just going to raise hell. Hopefully, by the time the dust is settled, Karsten and Sunflower Seed will come back and grow stronger.
Crossing my fingers.
It worked once. It will work again. :-)
Latest developments in Karsten's own words:
I will offer a refund for all deposits made 3 days before (==> 2005-07-26) on Field 02 and 03. Please send a Private message via the board software with the details about your deposits. Possible only for deposits from outside of your account.
See the posts here: http://www.sunflowerseed.net/forum/viewtopic.php?t=224
Also, more changes to the field investments again here: http://www.sunflowerseed.net/forum/viewtopic.php?t=218
I don't know what these mean so I've posted the question to Karsten: http://www.sunflowerseed.net/forum/viewtopic.php?t=231Best for everyone invested in Sunflower Seed to monitor the forum themselves for the latest developments.
Sunflower Seed has just gone through a major overhaul of its "fields".
Gone are the high risk high return fields (2 & 3). You're left with low risk stable fields of 4 & 5. Not only that, all investments in fields 2 & 3 are shifted over to fields 4 & 5, and rates are adjusted as well.
You can read more about the changes over at the forum here: http://www.sunflowerseed.net/forum/viewtopic.php?t=218
Do I start to panic?
No!
In fact, I applaud Karsten, the CEO and admin of Sunflower Seed, for taking such a bold and drastic action. It is a move to stablilize and ensure the longevity of the program. A move to bring the program to a status of "real" HYIP.
Sure I miss the high paying fields, sure I like to double my money in 2 months. Doesn't everybody just love for the goose to lay a golden egg everyday? But what if laying an egg everyday will kill the goose? Would you rather have a dead goose or one that lays a golden egg every week or month?
My choice is clear.
My only gripe is the short notice of the change. Karsten could have told us a week or a few days before hand. That would at least have given me time to react and manage my funds accordingly. For one thing, I probably would have taken out the fund I just rolled over instead of reinvesting it.
Overall though, thumbs up Karsten. Thumbs up to Sunflower Seed for a step nearer to becoming a "real" investment program.
Just got an email from Invex it's down for server upgrade.
Subject: Technical upgrade of the server, please be patient
We are upgrading the server and it will take up to an hour or so to be completed, thank you for your patience.
Invex Ltd.
Well, the last few times I got this type of message...
Crossing my fingers.
Ha! Found 2 more sites similar to GoldFXClub mentioned in my last blog:
EFXGold is better than GoldFXClub as far as I'm concern. It gives you $0.10 upon sign up, and another $0.90 on 1st deposit, making up the free $1 bonus. Actually this is how GoldFXClub works too. But depositing is where EFXGold gets better: You get a "kickback" of 5% - 10% on your investment!
So, with the minimum $1 investment, I got back: $0.10 sign up + $0.90 1st deposit + $0.05 (5% of $1) deposit "kickback" = $1.05 free bonuses.
Instant profit of $0.05!
If only e-gold didn't charge me $0.06 for receiving the fund.
No worry. I'll get it back from the daily interests soon. I hope.
The best yet is GoldGains: Instant $0.09 net profit! It was simple. I took the $0.10 sign up bonus, and paid the $0.01 e-gold fee. Now, if I could just find 99 more sites like GoldGains, and do what I just did...
Wait. No investment? No investment.
You get the 5% - 10% deposit "kickback" like EFXGold at GoldGains, but you'll only get the 50% free 1st deposit bonus for a spend of $20 or more. Plus my ever helpful assistant, Didi*, alerts me that many HYIP rating sites and forums blacklist GoldGains. So, no thanks it is then. No point risking even $1.
Cheap skate? All these signing up just for peanuts? Hey, I'm a simple man. I go for cheap thrill. Besides, like I said, if you could sign up with 99 more sites like these...
Don't under estimate the power of small accumulations.
GoldFXClub, EFXGold, GoldGains.
Those are my current "Hit & Run" list. Invest at your own risk, you ok with that?
* If you didn't know, my lovely assistant, Didi, does all the due diligence for me. ;-)
