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New Galaxies

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Posted by: Salty

Its said this prog has been online from 2003, and actually I knew it for about 8 or 10 months.
Strange enough: seldom ppl are promoting it except DLong, and now my members.

The basic idea (from March) is:

1. You need a pecunix acct to get registered. Accepts EG, Pec, etc.
2. Preregistration: free. Activation: $30 (recruit).
3. Weekly profits: 10% of your "income" - acct balance, each Mon added to your acct, you can w/d after that, the fund close to instantly arrives at your pecunix acct.
4. You can buy a $70 license from your commander (upline) to move to a higher level (corporate). The $70 is also added to your upline's acct.

If you dont have downline (recruits), you can only spend $100.
5. If you get 2 corparate level downlines, you can buy a $130 license from your commander to upgrate to space fleet owner status. The $130 is also added to your commander's acct.

...........
In such way you can colonize your star system.

Seems its not a ponzi scheme, but not sure how the admins get profits to pay members.

If it can last longer, then should be a very profitable system.



Posted by: Salty

Sorry, the link here:
www.newgalaxies.com



Posted by: forwardone

Is anyone else here in this program?

Geoff



Posted by: Salty

Got $140 payment today.



Posted by: forwardone

This one certainly meets our criteria in order to be listed here in this folder. I`ve recently been reading from others who are with this program that throughout their more than 12 month history New Galaxies has kept it`s payment promises.

Geoff



Posted by: Salty

All our members and I got paid ($160) yesterday in the timely manner.



Posted by: Salty

Not many in?

ANother $180 this Monday.



Posted by: Salty

Lol, another a bit over $180 this Monday.



Posted by: forwardone

Quote:
Sorry for a system error. Please, wait for a few hours.

Geoff



Posted by: Snuffleupagus

I have yet to find how New Galaxies says it generates profits. When I looked at it my impression was it's a Ponzi. So that is why I am curious what they say their profits come from.



Posted by: Salty

No idea how could it genarate the profits.

As for ponzi, I have been also thinking of it. But seems it always pays more than received!



Posted by: forwardone

This site is currently showing as unavailable. Wonder what`s going on there?

Geoff



Posted by: forwardone

NG members can breathe a sigh of relief at the news that the site is back up.

Geoff



Posted by: Salty

Yeah, its really a strange program.



Posted by: forwardone

Although the site`s back up I`m still reading some complaints of accounts not being paid out.

Any thoughts on their new plan? Any red flags waving?
Quote:
08/12/05
The plan C of the
bonus system is started!

Our members have
already been paid:
$227 331 !

Geoff



Posted by: forwardone

Posted earlier today on the forum
http://newgalaxies.greatboard.com/about85.html

Quote:

Posted: Wed Aug 17, 2005 7:08 am Post subject: Weekly Bonus is canceled.

Dear Members,

We involved $ 194,532 of our own funds to pay bonuses to players. We had an idea to create the best money game giving a good profit. There was existing a strange phenomenon all the time: instead of a little advertising we could find a disgusting and untruthful information about New Galaxies; the most successful players did not place positive testimonials about New Galaxies. What could we expect from the rest people, if our players wanted our program to be failed? No ideas, no support, just complaining, if payments requests were processed a few minutes later.

We developed the plan C, as our players asked. But members used to managing multi-accounts, receiving 80% monthly interest. They preferred to keep this situation. We returned payments for the plan C back to their owners. Other payments are final and can not be refunded.

We loved New Galaxies and our clients. Unfortunately, we must acknowledge, that we made all we could, and we can do nothing more. All bonus systems are canceled. You will be able to play the game without any control receiving referrals directly to your game accounts. If you have any idea regarding the further development of our game, which could be acceptable for owners of the program, you can contact admin.

Best regards,
NewGalaxies
http://www.newgalaxies.com/


Geoff



Posted by: forwardone

Moved to `Watching and Waiting` folder.

Geoff



Posted by: Salty

Sad to see its closure.



Posted by: forwardone

Experience shows that those that promise refunds rarely carry them out. What`s going on with N.G. anyone, are they refunding?

Geoff



Posted by: Salty

Without any info about refunding from NG.
Admin said he paid much from his pocket (thats also my feeling) to members and couldnt continue the prog.

Not sure if NG will continue with a new structure.



Posted by: forwardone

Time for this one to be moved (unless anyone knows differently?)




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