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Elite Ventures

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Posted by: golddust

The admin of this program is known as 'wolfie' on forums, has been around the HYIP world for at least 2-3 years, and has a respected reputation.
Program Details:

Quote:
We are committed to maintaining a viable honest program that is backed by trading in commodities; debentures, and other stocks of varying natures. We work with real traders doing in such clearinghouses as Smith Barney, Merrill Lynch, Price Waterhouse, etc. Our interests are to provide investors a real and steady return on their money, and we are not interested in paying unrealistic interest percentages as a means to gain deposits. We are here for the long haul not the short term and have a sufficiently large reserve fund to cater for our short term plans.

Conditions:

1. All trading days are regular working days, US holidays and weekends are excluded from trading days, and there will be a maximum of 20 trading days per month that we will recognize.
2. Deposit of money to Elite can be by Ebullion or E-gold.
3. Deposits to accounts will be held in Trust, which will be our guarantee of your deposit money, and will be available for return at the maturity of your plan.
4. Presently there is no compounding offered, except where specifically stated.
5. Minimum deposit will be $25.00, there is no maximum except where specifically stated.
6. Rates, which include principle and interests, will be displayed as a percentage in excess of 100%. Example: (Principle plus 25% interests will be displayed as 125%)
7. Deposits that are $10,000.00 to $25,000.00 will earn 3%.
8. Deposit that exceed $25,001.00 will earn 4%

Minimum spend is 25 and there is no maximum. You may make an additional spend as many times as you like.
All transactions are handled via e-gold, E-bullion e-currency, E-bullion Gold, and Bank Wires. If you don't have an e-gold, or e-bullion account, you need to get one.

Use our referral program and earn up to 1.00% of referral deposits!

Achievement Plan:
6 Month Plan/40% - 80% Monthly + Principle at end

Plan Spent Amount (US$) Monthly Profit (%)
Plan One $50 - $9,999 40.00
Plan Two $10,000 - $25,000 60.00
Plan Three $25,001 and more 80.00


***Success Plan (2 Weeks) Plan Spent Amount (US$) Profit (%)
Intro $25 - $10,000 150.00



***The Success Plan will be ending 9/09. There will be a new plan announced on 9/10.
Forum: http://www.speakupforum.com/index.php


golddust



Posted by: golddust

As expected, Elite Ventures has changed the "Success Plan".
Now effective this plan is paying 155% after 16 days. This is still a great return.
Also high risk.
Min is $25.


golddust



Posted by: golddust

I recommend this thread for an interesting discussion of who's who and what's what respective to Elite Ventures:

http://www.hyipranks.com/forums/viewtopic.php?t=7223



Posted by: bigwoo

Paid for my minimum spend
in the 150% 14 day plan.

Rolling into the 155% 16 day plan.



Posted by: golddust

Good to hear bigwoo. Was there much of a delay in getting paid? I am due my first payout on Friday.


golddust



Posted by: golddust

I requested and received payout on Friday, though in the TOS it is explained that w/ds can take 48hr up to 7 days. I expect when there is greater membership, it will take longer to w/d.

Respending.



golddust



Posted by: golddust

Today's news:

Elite Ventures is offering a short term plan - 175% for 10 days.

Why?

Quote:
Dear members,

Our traders have an exciting new opportunity for you, it is a time
limited investment, which will last for 3 days only. We can give you
175% for an investment period of 10 days. This will not last longer,
we are already involved in this trading and we will make this money -
with or without you. You are welcome to earn with us as these kind of
trades do not happen that often. Come and Ride The Wave!



This plan is available for ONE spend only.


golddust



Posted by: nunulka

I would like to join and invest in this one but I´m a little afraid of that. Any opinions?



Posted by: easymoney

Quote:
Originally Posted by nunulka
I would like to join and invest in this one but I´m a little afraid of that. Any opinions?


I've made an investment in one of the short terms programs, and I hope it will mature and I will get paid. But I will not reinvest because of this email I received a couple of days ago from support@eliteventures.com:

Quote:
To one and all, I hope that the prosperity you are receiving from our plans has enriched your lives, but we urge you to consider that we cannot offer these high returns much longer. It was our purpose for people to earn some extra cash so they could invest for the long term in the 6 month Achievement plan. I am sorry to say, that most people are not? We made a commitment to everyone to run an honest program, and from the start we wanted you to realize what can be gained on a long term investment.

Please, I urge you to think about your future, steady and long lasting income is what you need and what you can achieve with the 6month achievement program.

Don't let me down. I want to see more long term investments

A.DiSondrio

Don't think this program will stay around very long
(just my opinion)



Posted by: golddust

Easymoney, though this email is somewhat disconcerting, from the beginning of the program, the short term plans have expressedly been offered for those to build their gold to enter the longer term program offering. Also "A. DiSondrio" does not have an online HYIP background, which has drawn a lot of questions.
I recommend that you and anyone else interested in EV, follow the thread on this program at "Secure Your Future" forum, http://future4me.com/forum/viewtopic.php?t=241.
This forum contains very professional discussion about this and some other programs that may be of interest to you.


golddust



Posted by: nunulka

golddust, I decided to join under you and invest small amount. But I´m in for a round. Hope I won´t regret it. Please wish me good luck.

btw. thanks for the link of future4me. I will visit this forum frequently.



Posted by: golddust

Good to hear nunulka. I believe you will reach profit. After that will you be joining the long term plan?
Glad you found SYF forum to be helpful.


golddust



Posted by: nunulka

I will decide later whether I´ll join the long term plan or not. First of all, hope my investment will matured and I´ll get paid. Golddust, which plan have you invested in?

P.S Do you know other good forums or websites about high yield investing programs? Could you please send me any links to my email? I will be glad to read more infos and good advices offered by other experienced investors.



Posted by: HighYield

Hi nunulka:

I know exactly what you mean, I was in the same boat as you and I actually put a small amount in on October 3rd, so I guess you and I will get paid almost around the same time. HOPEFULLY!

If it makes you feel better on a forum called Talkgold there is almost 40 pages of positive posts, so I think we'll be OK.

Cheers!



Posted by: golddust

I have confidence that EV will perform. I understand the Proprofit Plan has been extended, paying 185% in 14 days for entry into the Achievement Plan. Some feel that this is in reaction to some of EV's naysayers. At this point I see no reason to be a naysayer. Play by the HYIP rules and this program will be profitable for many.


golddust



Posted by: nunulka

Quote:
Originally Posted by HighYield
Hi nunulka:

I know exactly what you mean, I was in the same boat as you and I actually put a small amount in on October 3rd, so I guess you and I will get paid almost around the same time. HOPEFULLY!

If it makes you feel better on a forum called Talkgold there is almost 40 pages of positive posts, so I think we'll be OK.

Cheers!

Hi HighYield

I´m more optimistic than I was a week ago. I believe we will get paid.
Btw. I know TG forum, I a member of this one.



Posted by: nunulka

There is a new plan! The Platinum Plan pays 200% in 30 days.



Posted by: HighYield

nunulka:

Did you get paid yet? And if so did you re-deposit or are you taking the money and running......

I have requested my withdraw and don't think I will go back in. I just don't have a good feeling about this one anymore.

I only just got back to 'playing a few hyips' and my luck hasn't been good: lost with 'Gansta Bag and NOW I don't know about 'GreenMachine'!!!???

DollarMonster has been good for me -- touch wood and so has 14ForEver --so far. Fingers Crossed!



Posted by: golddust

I was just paid for the 180% in 2 weeks plan and reinvested in the 165% in 12 days plan. I don't know why they are running competing plans eg 200% in 30 days, obviously more profitable to go into the 165/12 if you do it 2x, however, this plan my not be offered in 12 days so I'll have to "work it" at that time.


golddust



Posted by: easymoney

I've received my 180% in 2 weeks, what is really great.
Just like HigYield I've decided not to invest anymore. It doesn't feel good. All the new plans and the email I've received earlier about the need to invest in the 6 month program.

But off course that's just my opinion. For all investors in here I hope I will regret my decision each and every day for the next year(s)



Posted by: nunulka

Quote:
Originally Posted by HighYield
nunulka:

Did you get paid yet? And if so did you re-deposit or are you taking the money and running......

I have requested my withdraw and don't think I will go back in. I just don't have a good feeling about this one anymore.

I only just got back to 'playing a few hyips' and my luck hasn't been good: lost with 'Gansta Bag and NOW I don't know about 'GreenMachine'!!!???

DollarMonster has been good for me -- touch wood and so has 14ForEver --so far. Fingers Crossed!

Not yet. I requested my withdraw yesterday and reinvested part of my profit into PPP which is closed. But this is my last investment in this program.
HighYield, if you are looking for good programs, go to the HyipRanks forum. There are some good ones. Especially programs with 2-3 and 3-5 stars.

Good luck!



Posted by: golddust

Paid today for w/d requested on 10/18. One w/d pending. One active deposit. This program is a little bipolar, 2 good and well known admins with "strive harder" methods.
Then they have a forum MOD francozz who has most members irritated by over-zealous and stifling methods of over-moderating, and who even had the nerve to go to the SYF forum and pick a fight with the admin there, John, who has been only supportive of EV. What's up with that?
And speaking about HR forum, teeth were barred there over the contentious opinions on EV, with particular attention being given to details that are ignored, (or certainly don't draw teeth) on most of the programs listed in the same "star" category. I lost a lot of respect for the monitoring/forum operation at HR over the subjective approach taken over monitoring and reporting on EV.
Which isn't to say that EV is without fault. IMO things are 'interesting'; I can continue to invest profits now, and watch the show.

golddust



Posted by: HighYield

I got my pay out 5 days into the 7!

Can't decide whether to re-deposit for not??!! Is Elite coming to an end??

What's everybody think?



Posted by: nunulka

HighYield
I was paid 4 days ago and another investment will matured on 30th. I have the same dilemma as you whether to reinvest or not. If you haven't a good feeling, so don' t invest or risk it and reinvest (but invest only profit, only way you can lose only profit and not your own money)

btw: WOW! This my 100th post on this forum!!!



Posted by: HighYield

You're right of course, nunulka. Profits ONLY!!!

Maybe I'll read around a few more forums and see what the consensus is ...if you here or see anything, please let me know...



Posted by: golddust

Now that I have done some trolling, I see that "SUF" MOD has been 'promoted' to Administration of EV! Perhaps this will bring less conflict to SUF. Personally I feel that interaction with Francozz should be minimal no matter what 'capacity' or 'authorities' he is given.

There is still the question of a DD report that is being compiled by John of secureyourfuture (http://future4me.com/forum), which is overdue for release, raising the question, is there something he's not wanting to say? While he is a supporter of EV, his task my prove otherwise.
The Elite Gifts program is still 'voluntary', after a lot of critical posts over the idea that a plan to 'benefactor' others should only be voluntary, not made with mandatory % contributions from earnings. IMO, this is in keeping with the energy of 'helping others'.
The Hit Pulse Plan paying 185% in 12 days is very HOT, but the Plan may be withdrawn at any time. I've been paid 3x now by EV and since I can play with profits, I'm back in for another go in this plan.


golddust



Posted by: nunulka

The Hitpulse plan will be closed. Take a look at the Speakupforum.com to see more details about that.



Posted by: golddust

I was just paid on my 4th spend. I am finding more good information to support the longevity of EV. Though there are still naysayers, thus far, I am beginning to think those who fit this category have their own agendas. There is still a lot of information to be revealed about EV, including a past due DD report. However, I have been surprised at always finding some funds in my account balance. Currently there is a 165% in 12 day plan in place. My last payout was for 180% in 20 days. Not disappointed with continued results.


golddust



Posted by: golddust

The new script EV launched over the weekend is giving me 'heartburn'.
*I am missing funds in my account balance
*I am missing funds in my active deposits
*I was due a payout on 10/30, this deposit isn't even showing
*I submitted 'support tickets' and have gotten no response or resolution
*Not all links work

I believe it will all be straightened out, but I question why it was so important to launch a new script when there are so many bugs. I assume the support people at EV are enjoying job security.



golddust



Posted by: nunulka

I agree with you golddust. There are so many bugs and problems with the new script. I am not missing funds in my active deposit but my withdrawal request from 10-30-06 (btw: this pending still has not been processed) is not showing in my withdrawal history. I sent a trouble ticket 2 days ago but no answer. All those problems make me a little angry. Anyway I hope everything will be working fine.



Posted by: HighYield

I had all intentions of putting some money back into EV until I had read that the site was down - *New Script?!

And then when it was back all I was reading was people having problems so I have held off and will continue to do so...

I will keep my fingers crossed for you guys that everything works out!



Posted by: golddust

After doing a little reading at SUF, (where they have moved so many threads around it is difficult to know where you'll end up when you click the redirect url) and at SYF forums, it is clear as mud when all the scripting problems are going to be resolved as they are having to do some programming to translate the database into the new 'features'. In one place Wolfie has said not to send "support tickets", in another send a "support ticket", in another only send a "support ticket" IF,......

There has been no change in my account status whatsoever. Now I added a message to my "support ticket", and if you do submit one, be sure to write the ID # down, because you won't get a confirmation, and you'll have a Support Ticket you can't track.

But I don't think I wasted too much time trying to sort through the various posts only because the consensus seems to be that it will all be made right, by golly, and some people are even reporting that all their account information is accurate, and others are able to withdraw. Wait and see it is then.

golddust



Posted by: nunulka

Finally my support ticket has been answered

Quote:
Withdrawals made up to 11-4-06 are in the old system and should be paid as planned.

Please provide user name if there is a further request.

Best Regards
A.DiSondrio

But I requested my payment on 10/30, it is more than 7 business days now and still not paid. I see some posts notifying that they are paying... I hope I will be paid too.



Posted by: golddust

I've learned the deposit that matured on 11/4 is probably 'problematic' since that is when the script change occured. I no longer see this deposit in "My deposits", so I am hopeful that it is in process. Still no reply to my support ticket, so I just keep adding messages to my Support Ticket.
I'm really not too happy with this situation and guess I will have to spend more time than I want at the SU forum to look for answers and be a pest in general.


golddust



Posted by: nunulka

Quote:
Originally Posted by nunulka
Finally my support ticket has been answered


But I requested my payment on 10/30, it is more than 7 business days now and still not paid. I see some posts notifying that they are paying... I hope I will be paid too.


Good news! Finally I just received a payment and an answer from EV.
I requested another payment 2 days ago and I hope I will get it too.
Quote:
Unfortunately you are one of the people who fell through the cracks. I am terribly sorry. I have credited your account batch #70563192 46.25 US Dollars' worth of Gold

Best Regards
A.DiSondrio


http://gfx.real-time.cz/upload/1458650949796729.jpg

Golddust, I´m keeping my fingers crossed for you to get an answer from EV too.



Posted by: golddust

Thanks nunulka. Still no response, no changes to my account. NOTHING.
Today I submitted another 'support ticket' referencing my previous 'support ticket'.
I am very disappointed in the lack of response, and I think that my account certainly fell into the cracks.....


golddust



Posted by: nunulka

Golddust, if you are not getting a response to your support ticket, post your question to the SU forum and the admins will answer it.

Hope this helps



Posted by: golddust

Never have rec'd a reply to my support ticket, but found the amount of my matured spends in my Account Balance and made w/d. Now to see how long payout will take, since it has already been more than 7 days since one of those spends matured....
Still no change to other links - not working and still not given credit for previous existing account balance. I must assume they are working on the 'tickets' by order of maturity dates at this point. Slowly making progress, so far so good, I am relieved.



golddust



Posted by: nunulka

I would like to invest into the CPP but I need to have deposited in the AP and the minimum deposit is $100. It seems to me very high. I rather go into the PPP but I can not deposit yet because I´m still waiting for my payout (requested on 11/8).

Have you read the rules/FAQ? There is..If your withdrawal is over $350, you must have a deposit in AP to be paid.



Posted by: nunulka

I was paid yesterday, it´s 10 calendar days after request and reinvested some into the PPP.
Anyone else got paid too?



Posted by: golddust

You were paid on Saturday, (trying to take into account the different time zones...)?
10 calender = 7 business days thereabouts. It would be nice if the payout times would decrease. I finally was credited though with my missing previous (before script change), account balance and made a spend to PPP also. I expect payout on my other 2 pendings - which were combined into one w/d amount- - on 11/21. Anthony did me NO favors when he finally credited my earnings that "fell through the cracks" into a combined credit, as the effective w/d date fell to the later of the 2 spends. Posted to both the forum and added to my 'support ticket' about this, but no evident consideration for this.

Here is the TOS outlining w/d conditions:

Quote:
The minimal amount for a withdrawal request is $25. You must have an Achievement Plan totaling of at least a minimum of $50.00 to get a withdrawal. If your withdrawal is in excess of $350.00 and for every thousand-dollar increment, up to $5,000.00, there must be an additional $10.00 added to the base $50.00. For withdrawals in excess of $5,000.00, the requirement is increased to $20.00 per thousand to be added to the base $50.00, as a total of current AP’s or a new AP. (example: a $2500 withdrawal must have AP’s totaling $70.00, or must deposit into an AP to reach that level).


I can only aspire to these earning amounts.


golddust




Posted by: nunulka

Yes, I was paid on Saturday 11:51 pm (CET). I thought that they didn´t make payouts on weekends.
Some members of EV are waiting for payout more than 7 business days and they are concerned about that. I think that they have to be patience. Admin is very busy with the new script. There are still some bugs in this script.



Posted by: golddust

Following the continuing saga, there have continued to be script problems now with the new EV script and according to SUF posts, EV site is going to be taken down for approximately a week in order to "fix" everything. Evidently some member or hacker or both, not quite sure, cracked into EV and grabbed some gold from another account and then asked for a withdrawal, or something along those lines. This caused great consternation from Admin "Anthony" who is not from an online investing environment to begin with, so he has certainly been 'initiated' to the ways of online thievery .
Members are definitely recommended to take screen shots of their accounts. It is hoped that payouts will continue, but it appears this is at the whim of the Admins and not decided, at least from what I am reading.
While outside SUF forum, the naysayers are posting, "I told you so", "Scam", "something fishy", etc...., inside SUF members are gushing support.
Meantime, I have a past due "pending"....



Posted by: nunulka

The site will be down from Thursday and next week will be up again. When the script is fixed they will continue paying and introduce a new investment plan for small investors.

We will see what will happen

Latest update from admin
Quote:
11-23-06
Just a short update before I begin a long day of eating; drinking; and watching a football game. Then it will be back to work the late hours doing reconciliations.

We have decided to bring the site down on Thursday evening, during the holiday, and hopefully by mid-week next, or sooner, we will be up again.
The forum will be our place of communicating, and updating.

I have done a few payouts up to today, as I reconciled their account, and several of them were quite large, I’m not cherry picking, I doing the oldest first and proceeding in order. There have been many who have not been as honorable as our core group and they have been moved to the back of the list of payouts, and their accounts have been corrected.

I want to thank the core group for your trust, and continued support. As I said before, it was you people who sustained me, and it is because of you that we must make EV bigger and stronger than ever.

We have two programmers who will be working all weekend to undertake the task of repairing and testing the program so it runs properly, and so it will accept IE.
As we have gotten to the core of the lines of code, it becomes apparent that the merger of some of the older information was somewhat responsible for our problems. I’m not a programmer, I’m just relaying the message, but it seems they were filled with worms and bugs that are activated by some innocuous acts. Never a dull moment!!

As progress is made, I will update you all on our efforts.
I see there is allot of concern over the referrals, and we have had several suggestions, one from, Takeaction, that I think has merit, but would rely on the honesty of the individual. Basically it would be set up so the individual put his own referral people in, maybe we limit the number of times that can be done that way, and add a confirmation acceptance by the person who was referred? This is in the suggestion stage right now, and is at the back of bus, in terms of priority.

For those who celebrate the holiday have a happy Thanksgiving, and for the others, have a great day, and don’t fret, we will continue for a long time.

CAVEAT EMPTOR.

A. DiSondrio




Posted by: HighYield

I'm glad that I held off depositing again!

Personally I believe that EV is just starting to play the Hyip game --

* Excuses to pacifiy
* Site down to do 'whatever'
* Etc., etc.,

Will they be back? I doubt it?!



Posted by: golddust

There must be some change in 'down time'; the site is still up.

Found this update:

Quote:
11-26-06 UPDATE
« on: November 26, 2006, 12:12:36 PM »

11-26-06 Update

I just wanted to assure you that there are many people working behind the scenes to effect the changes and do the reconciliations that are necessary. The program will be made right and we will only activate it when we are assured that the glitches have been fixed and will not be reoccurring.

I am thankful for the support and well wishes, and your continued patience.

I foresee some changes that will affect everyone, but they will only be implemented for the assurance that EV continue and grow, as it was intended to do.

There has been much speculation here and elsewhere as to specifics, and I am reluctant to inform anyone of anything right now. We must determine the cause, and implement a correction, and then we will be able to better determine the effect.

As I write, there are two programmers working on specific modules of the program, and I am working on the preparatory information for the accountants who will do most of the actual reconstruction and reconciliation of accounts.

Until we can provide the level of service you have become accustom to, we have disabled the withdrawal and deposits. Please do not try to force a deposit into our accounts, as I will not accept them until we are ready to operate again. You only make it harder to reconcile when you send a deposit that has not been entered on the site. If people persist in depositing to BOA, I will close that account. I am telling you not to deposit until we have a fully functioning program. Once it is up and operational it will be the signal to start your deposits again to EV.

Thank You and best regards;
A. DiSondrio


Cruised through the forum and it looks like payments are beginning. Some people are posting payments credited to their account balances though, and that doesn't count. However some people are very happy with that which implies to me that I am at the back of the bus for getting a payment, since my account balance has reflected a "matured" spend balance since 11/10 after multiple support tickets.




golddust



Posted by: nunulka

I see the banner of Golpoll monitor is showing status "EV is paying" on the page "Rate Us" but after clicking on the Goldpoll link it indicates status "problem". Hmm...I don´t like that much.
Also I misunderstand why EV doesn´t send those "updates" to our e-mail adresses. Not everybody is reading forums.

Who are not in profit and have deposited in EV, I am keeping my fingers crossed for you to get paid.
We have no choice but to wait now.

P.S. Golddust, I like your signature. Status of EV- "confused"



Posted by: golddust

IMO, EV admin wants members to go to the SUF for information. It is a measure I see as 'controlling' and allows for dissemination of decidedly "good" information. There are definitely too many forums to keep updated so members must go there, and be on their best behaviour. (No negative comments, etc).
As to Gold Poll, I think it is fair to rate EV as a "problem" right now until real funds are being deposited in members ecurrency. Ev admin may not like it, but they can not ignore it either.
I am in profit with EV, but the current situation has messed up my "respending/earning" plans!

golddust



Posted by: nunulka

EV is currently not paying. Golddust, I think you should move this thread to the "watching and waiting programs" section. Am I right?



Posted by: golddust

Yes, of course nunukla, you are right.



Posted by: nunulka

Quote:
Originally Posted by golddust
Yes, of course nunukla , you are right.

Thanks golddust!

nunulka (or "nunukla"? )



Posted by: golddust

dyslexic....



Posted by: golddust

Posted at SUF yesterday:

Quote:
I know TakeAction has been giving you all the information that he is privy too, and has relayed to you much of our conversations regarding all the issues associated with EV.
His explanations have been very professional and accurate based on the circumstances at the time.
We have, in addition to current programmers working on the program fixes, hired the services of a programming company to fix and test all the problems with the EV script and the mail interface. They will also be doing some additional work that is required so we can fully account for all the dollars used and paid for from referrals.
I have realized that much of the problems associated with the program were created more by external forces than our internal interface problems, and were, to coin a phrase, “intentional”. A small node of information disappears, and it affects many other aspects of a program that depends on the credit and debits in an account, and is automated to self correct thereby perpetuating an erroneous account balance. Basically, one small issue can grow to be a huge mountain that seems unassailable, and is the ultimate goal of the originators to affect the disruption and disenfranchisement that results. The program issues exasperate the situation and bring us to this time and place.
I have asked the Master Trader to sell our short positions and return the funds to EV accounts, so when the program is up and running I can make payouts. I am hoping this will happen prior to Christmas. Our long term positions will stay unaffected and be used to generate the returns required to make additional payments as time progresses.
It is my greatest desire to make EV last for a long time and to rise from this tumultuous time stronger than ever. There will be changes made to best protect the interests of all, and to correct some of the problems that were made of our own doing because of our naivety in these online programs. There will be some who feel they were unjustly affected because of individuals who took advantage of the opportunity. No one person is being singled out as a result of our changes.
I ask you all to understand that the returns paid by EV, and those we will continue to pay, are far above what you would earn locally.
There is a desire by many to find the highest paying shortest term program there is, no matter the risk. We are unable to compete on a long term basis with these type programs, as they are not constructed for longevity. We must adjust our positions on all levels and look to longevity rather than mass appeal. I full expect 50% -60% of our investor base to dissipate upon the maturity of there plans because of our new policies. When this happens, and it will in the next few months, we will then have the true core group, and deal with them with a private type investment strategy that will be more rewarding.

I pray you all understand.

Best Regards;
A.DiSondrio


Progress? I highlighted the announcement I've been anticipating; the one that suggests that EV is no longer going to be the cash cow it has been, by adjusting the investment plans to something more sustainable after all this malarky is finished with the scripting issues. This is probably good news in the big picture, but for the moment it would just be reasonable to pay out the matured plans and those who have opted out.

golddust





Posted by: Mobyfon

I got my pay out 5 days into the 7!



Posted by: golddust

What are you saying Mobyfon; were you paid or do you have a matured spend that went pending?



Posted by: golddust

Quote:
Greetings, to all members of EV.

On the eve of the holiday season I would like to first take the time to express my sincere thanks for your support and dedication to EV and wish you all a festive and safe holiday season.

The programming company has made great headway in correcting the script problems, adding modules to the admin panel, and generally making a fully functioning program. The reconfigured software should be available very soon, so our site will re-open and be operational, except, as I said in a prior post, we will not accept new deposits until we have made some payouts and can rely on the operation of this program.

Since our inception the entire program has been based on the premise that we are here to help the little guy and to perform a service that will be honest and long lasting.

There have been many changes to this program including the internal operations. The politics in the organization had a definite pecking order, and the head has always been the master trader, for obvious reasons, without his services there could be no returns.
Although many have professed to be solely for the betterment of the plight endured by many less fortunate people, the staunchest ally to those individuals has been Wolfie. She has fought anything and anyone that could be considered against the core concept of EV. She has taken her lumps on behalf of the membership, and paid for it dearly, both emotionally and economically. I must say openly, at times she has made me mad because of her uncompromising attitude, but I took solace in the fact that she was and is consistent in her dedication to the speakupforum, its members and EV.

I and the other partners were openly adamant regarding the concept of EV, as we had been snookered by other programs that had touted their honesty and ability to repay, but none of us were as committed as Wolfie. Her commitment made her a liability to the Master Trader, and he used the payments to EV in a coercive manner to control our actions. Basically, if we were not in tune with his ideas on things than we were out and the membership would not be paid, if we said anything to anyone, the program would not be paid, if we disagreed with him the investors would not get paid and he numerous times threatened to walk out of the program based on his reliance in the TOS absolving him of any liability. Every time I confronted him regarding trading results I was chastised vehemently by him, and in his words, I was an ingrate. After all it was his money and his trading that kept EV going, or so he claimed. He tried making EV responsible for other sites that he set up, and relied on the reputation of Xelnagra1. After the sites were up, it was convenient that he now needed an admin, and of course he would ask “X” to maintain the sites until he found one. The operation of those sites were supposedly structured just like EV arrangement, the Master Trader would take the money by sweeping the accounts, and then the admin would ask for sufficient funds for payouts, and pray that you had done nothing wrong to anger him, as that would put you at the back of the list to receive any money. His plan was, and always has been for him to operate behind the scenes as the controller, telling everyone what to do, and staying free and clear of liability, and recognition.
The master Trader would determine the structure of the plans, and when queried as to the percentage being paid, he would allude to the fact that it was more than sustainable.
Until the support tickets started coming around the latter part of October, when payments were delayed, I had not realized the humanity of it all then after the November 3rd, 2006 incident with the script the clarity of the situation was apparent. At this time I was able to see the impact we were having on the everyday lives of individuals, and how supportive they were, even when they were in imminent danger of loss of personal services, homes, insurance, etc. You are people who through your everyday lives survive to make it another day, and do so year after year, yet EV offered them a bit of hope, a little reprieve from the deficit financing they were currently operating by in order to maintain the simplest of life’s necessities. It was at this time I made the conscience decision to make EV work, and to do what it took to make sure the members who were the most in need were serviced first.
My plans were thwarted by the only person who had more authority than I, the Master Trader. He started withholding funds that I requested for payouts, and started making demands to put some of us in a position of liability, rather than he.
Between the script problems and the site crashing in November, and the continual threats from the master Trader to extricate himself, shut the forum off, and not pay any investors any money, it became clear to me that I had to step up and take the Master Trader on in order to retain the information housed in the websites, and to assure there would be some avenue for investors to get some or all of the money they were promised. My resulting actions were to lock everyone but myself out of the servers, and to place my personal credit to godaddy to assure the payments of the monthly and yearly fees. This has allowed us to continue to stay connected and allowed me contact with the programmers to fix the script. I also locked him out of all the accounts he would sweep multiple times a day, the EV trust accounts, that were solely in his control. No one but he had access to those accounts.
The story has many more twists and turns to it, but I am sure you can see from whence it was spawned.
I have my suspicions regarding the timing of some of the events that have gone on and the demands made by the Master Trader. They were too coincidental?
I will not leave, unless I am asked to by the members. I and others who have worked on this endeavor ask for your trust and continued support as well as your forgiveness. We should have stood tall and confronted the psycho paranoid tendency of the Master Trader, early on. Less people would have been affected, and assuredly, less damage would have been done, and EV would have ended on a sourer note for sure.
I do have a plan, and have implemented such already, by taking what personal money I had readily available, and placing it with a new company that does trading for investors, who’s performance over the last ten years has been outstanding. I am doing this to generate some funds so I can start some payouts early February, and then every month there after. I will need to shut off accruing interests on current AP’s as of December 1, 2006.
I have requested for the fourth time this month that the Master Trader return to EV, the residual deposits from investors that were in excess of withdrawals paid, as well as account for the EV funds sent to him for investment purposes.
The funds owed EV by the Master Trader exceed the amount of matured plans and account balances currently showing as a liability in EV. If the Master Trader returns these funds EV shall have no problem paying everyone their entire account balances.

We have come to a cross roads, I have given the Master trader every opportunity to make things right. I have withheld action hoping he would respond favorably. I am fully prepared to take the adversity that comes my way as a result of my efforts to secure from the Master Trader what is yours. I am sure he will try to besmirch me and coerce me, but these tactics only work if you allow them to. I will not empower him, but confront him to return your funds in a timely manner. Just so you all know, I do have funds with the Master Trader that were traded separately outside of EV, directly with him, and they also have not been paid. I was patient and non aggressive in asking why he had not paid me, as our arrangement had nothing to do with the EV site and it’s TOS that he was relying on? He became silent, ignored me for two weeks, and when I sent him the first of the demand letters, he replied by warning me “not to back him in a corner”.
I have sent him an offer of a payment schedule, over a six month period, and have yet to receive a reply. I suspect there will only be silence.
I have engaged the services of a detective agency that will provide my lawyers with sufficient evidence of liquidity, of that I am certain. Once this has been established our next course will be to proceed to enjoin him from further trading, and seize his assets.
Just so you can be assured, EV will continue on with your continued patience.

Best Regards;
A.DiSondrio


This is just sickening, it really is. This program has been nothing but a pack of liars and their lies. Wolfie may be the only one with a bit of integrity as she has vowed to prove the truth in this debacle, but IMO she has been deluded and taken advantage of from the start.
Forum posts have shown there is a "Master Trader", this is not just part of a scammers' tale, but his name and "AD's" name are fictitious. I don't think anyone doubted this.
Many times allegations like AD has made will prompt the "trader" to surface someplace to provide his side of the story. I would be interested in reading it, for somewhere in between the lines, there may be some truth.

All the cheerleaders who frequent the SUF forum for the truth, may never know it; and it's very evident that those believers have a lot of funds in EV. At this time of year, it's very sad, but IMO not unexpected.

golddust



Posted by: golddust

I haven't explored the progress of the EV drama this week; anyone know the latest?



Posted by: nunulka

I´m really not going to spend much of my time reading posts in SUF forum and to read their promises as well. I don´t want to take away your hope but I don´t think we will ever see any penny from EV. I think this should be in the scam section.



Posted by: golddust

I don't think many are interested in this story, and I don't have much "hope" of funds being returned. Many programs go down with the admins promising recovery or refund, but few succeed. I agree, placing this in "Scams" is appropriate.



Posted by: golddust

Holy Moly, there is a EV revival happening.http://img117.exs.cx/img117/5601/n1qshok.gif Looks like wolfie and AD have forged a bond and are moving ahead, though they were scammed by francozz. I am uncertain of the status of their effort to track him down.
By reports on the SUF forum, the members who opted out of the program, asking for a refund back in December, have been refunded. These peeps can never join the program again, IPs blocked etc. Too bad about that.
http://www.pcinpact.com/forum/html/emoticons/humour.png

Long...short: wolfie and AD have formed EV2, the site is up but not operational while active member accounts are being audited, (again) so these can be credited with the amount invested and interest since the last spend. EV2 will not be offering the same ROI as EV, but is described as being realistic. Members still in the game will start to see their accounts credited in March per current reports.
Though SUF is still a little goopie for me, there appears to be real effort, a lot of communication and it is a 'hopeful' situation.
Forum: http://www.speakupforum.com/index.php

With this optimism in mind, I'm going to move to "W&W"....



Posted by: nunulka

I forgot about this program and considered it to be "dead". They have formed EV2? Could you please post here their url?



Posted by: golddust

Same as EV: http://eliteventures.net/



Posted by: nunulka

Thanks golddust for posting the link. I tried to open but it doesn´t work.



Posted by: golddust

Humm. Works for me...



Posted by: nunulka

That´s strange. I´ve been trying to open it for a few days but nothing.



Posted by: golddust

I just tried again, and np for me. It's not really that important atm, other than the home page being up, you can not login, access your account, etc. It's not ready yet.



Posted by: gyzi

maybe they are gone?



Posted by: forwardone

Still a Watch & Wait then on this program?



Posted by: Spunner

EV itself is closed.

Those behind it are refunding all outstanding principal, and will look at starting a new program AFTER that has happened.

Over the course of this year, much refunding has taken place (I never got any, I was $40 in profit with them) and their forum is still running. (Not sure if I can post the link here, though)



Posted by: golddust

I stopped paying attention to every little BS post many months ago, but it is still rumored that EV is going to repay principal to everyone, and then all the interest earned since they stopped paying after that. RIGHT. This has been going on for over a year.
There are 2 forums where active threads live:
http://www.hyipranks.com/forums/viewtopic.php?t=7223 (149 pages), and
http://future4me.com/forum
... I'm thinking anyone still waiting on EV knows this information though.

Spunner, yes you can post links to current information to add to WL's posts.



Posted by: Spunner

It's http://www.speakupforum.com - it's the official forum of EV. Anyone who was a member of EV should be a member there and read all of AD's updates.




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