(NOT PAYING)Paramount Profits - Creating Your Financial Success
Hi everyone! Today I will be reviewing a recently launched program called Paramount Profits that is the brainchild of my good friend, Second Life who's a regular member on MoneyMakerGroup. In fact, we came to know each other after a program scammed, and both of us were commenting together on the same page. Of course, initially we weren't exactly on the same page, so to speak. But I recognize that he wasn't the regular type of "keyboard warrior" (someone who trolls on forums with no constructive response); what he suggested at the time sounded bitter to most of the members who lost their money, but to me, I knew then that he was on to something.. Something revolutionary.
And I was right.
Here he comes, 2 months after our first encounter, with a brand new HYIP that is anything but the usual. There are many subtle improvements made in this program that shows not only his attention towards details, but his intention in running a good, stable HYIP that will hopefully set the scam record straight. Paramount Profits is here to stay.
Before we move in-depth with the review, let me briefly go through some of the minor details that are usually overlooked. First of all, Paramount Profits has a very good email system that notifies you of, well, everything your account does! Whether you have a new referral signup, or a fresh referral commission just credited to your account, Paramount Profits' email system will blast an email right into your inbox telling you that you have just earned referral commission! I really appreciate this implementation because usually those sites don't send you any notification unless you log into your back office and check on the stats. For those who have tens of sites to monitor, this will be a very, very arduous task. I myself have many sites that I have to check upon each day as well to find out how much I've earned from referral commission and whether or not someone signed up under me, so this simple yet handy feature is very much appreciated.
Moving on, Paramount Profits has a very solid anti-self-referral program in place as well. Perhaps some of you have not noticed, but self-referral is a very serious issue in the world of HYIP. Usually regular investors like you and I wouldn't do so because, simply put, we have good self-conscience and we want others to make a fair share of profit as well. Now, there are some really malicious investors out there, and don't be surprised to find some admins of certain programs actually invest in programs like Paramount Profits, who self-refer themselves to claim referral commission. This wouldn't be a huge problem if it were only 5 or 6 dollars. That's what Mr. MunnyMachine from MMG would call "spare change" :p But in this case, we're talking about hundreds, if not thousands of dollars. For example: Paramount Profits has a maximum cap of $500,000 (I'll get to that later), and if you self-refer yourself, you will earn an extra 5% of that, which is $25,000, on top of your daily interest! And to compound the matter, there's always more than just one member who partake in such malicious activity. Therefore, the admin's anti-self-referral security feature, which prevents you from registering from the same IP address, is very much welcomed.
Ok, now that we've gone past the basics, let's move on to the real deal, the cream, the moolah! =D
Payment plans are mainly separated into two categories: Variable Daily Interest and Fixed Daily Interest.
Paramount Variable (Variable Daily Interest from 0.5 - 8%)
This plan:
- starts from $1 and to a maximum of $50,000 in a single investment.
- Multiple $50,000 investments can be made up to a maximum of $500,000.
- You earn a variable return daily from 0.5% to 8% paid to your account until you withdraw your principal.
- Income is credited every 24 hours from investment time from Monday to Friday (except public holidays and non-trading days)
- Withdrawals can be made daily as long as the amount meets the minimum requirements. As of writing, the admin has lowered the minimum withdrawal to $1.
- Withdrawal of principal can be done after 7 days of investment (calendar days) however please note that if your withdraw your principal, you will stop earning daily interest on your investment.
Paramount Fixed
This is split into 5 sub- plans:
Paramount Fixed 1 = Investments from $1 to $250 with a daily return of 2%
Paramount Fixed 2 = Investments from $251 to $5000 with a daily return of 2.1%
Paramount Fixed 3 = Investments from $501 to $1,000 with a daily return of 2.3%
Paramount Fixed 4 = Investments from $1,001 to $5,000 with a daily return of 2.4%
Paramount Fixed 5 = Investments from $5,001 to $50,000 with a daily return of 2.5%
- Multiple investments can be made in each plan up to a maximum of $500,000 for each plan.
- Income is credited every 24 hours from investment time from Monday to Friday (except public holidays and non-trading days)
- Withdrawals can be made daily as long as the amount meets the minimum requirements. As of writing, the admin has lowered the min. amount to $1.
- Investment keeps on earning until you withdraw your principal.
- Withdrawal of principal can be done after 7 days of investment(calendar days) however please note that if your withdraw your principal, you will stop earning daily interest on your investment.
So that's a basic rundown of the payment plans available. Personally, I've invested in the Fixed daily and Variable daily, and thus far the variable daily has been performing relatively well, a little bit better than the fixed because on the first day I earned 3.12%, 2nd day I earned 2.32% and today I earned 1.90%. I don't think this is a steady downward trend, as it's only 3 days online, but I will continue to monitor this to determine whether or not the variable daily will continue to decline in terms of interest rate.
There are currently 4 payment processors accepted, namely LibertyReserve, StrictPay, PerfectMoney and SolidtrustPay. Not a very spectacular list to boot, but it is still a respectable effort from the admin to incorporate as many payment processors as possible without exerting too much burden on himself. The admin told me that he's a lone ranger right now, a one-man show so to speak, and I wouldn't imagine running 4 payment processors at the same time AND managing a forex trading would be an easy task. Nonetheless, I've spoken to the admin regarding adding AlertPay to the list, but he thinks AlertPay has been too strict recently with programs of such nature, especially one that receives a lot of attention like ParamountProfits. It is only wise to avoid what could possibly cripple the whole program. As such, this demonstrates the admin's experience and wisdom (lol) as he has been in this very same industry we both are in for many years.
Paramount Profits is protected by BlackLotus, one of the better Ddos protection sites, although not as good as Dragonara or BlockDos, but offers up-to-par security and stability. The script is licensed from Gotenks, who designed scripts for sites such as PAC, Pac4All, PacRevShare and Adsxtreme. Some members already speculated that the admin of ParamountProfits, Second Life is the same person who ran Pac4All! Now, I don't blame them for associating the programs together because of the script used, but I can assure you that Second Life is NOT the admin of PacForAll, because I know, or I should say I knew, the admins of Pac4All, and they're definitely not Second Life.
Another thing I should mention is that the admin has spent a lot of time and money into making this program. The script itself, as you can see, is same yet different from the script used on PAC. There are some minor changes custom-tailored to Second Life's needs, but in general the scripts are the same. Nonetheless,, this one script costs a staggering $1000, which is a very hefty sum! For those skepticals who think Second Life's here for a simple round of quick-scam, I would suggest think twice. Let's put all these scams aside, and consider for one moment: admins are humans too, and they don't run HYIPs for charity. If you were an admin yourself, would you spend thousands of $$ just to make a quick buck? Or would you rather invest some money in polishing your site so that it can last longer and provide a regular source of income for yourself? I don't suggest any answer to that, but should you want to know more of Second Life's true character, you can go *here* and see what kind of user he has been in MMG. I bet you'd be crying tears if you were an admin of one of the programs he "visited". To put it in a nice way. =p
In a nutshell, Paramount Profits has a lot to offer, and I have confidence that this one will last quite some time as the plans are sustainable, security and hosting are really good by any standards, the admin is a really nice guy with many years of experience in HYIP industry, and best of all, the name itself just sounds right! lol..Paramount Profits, well, Second Life coined that name after talking to me several times. Even though I didn't really approve of it at first, I'm starting to take a liking to it right now.
I've always been really careful in picking the programs that I recommend, and in most of my reviews, I would always choose my words carefully so that investors know what I feel specifically about a certain program. Sometimes, a program may be just nice for a round or 2, and sometimes, I would go all out to promote it because I feel that it really is THAT good.
ParamountProfits, it's a yes from me =D
(From Simon Cowell, American Idol)
Other News:
Underwatersurf has paid me another nice, big paycheck today! The admin sent out another newsletter informing the members that the banners for UWS is available on the site now. Here's the newsletter:
Hello Sailors,
I know that some of you have sent in support tickets asking where our banners are so you add your referral links too them. I am here to help you with that.
Our splash page for you to use is here:
http://i988.photobucket.com/albums/af5/underwatersurf/splashPage.jpg
Our banners for you to use are here:
http://underwatersurf.com/read_page.phpid=5%27
I hope this helps everyone out
Happy Sailing
Admiral Smalls
Psychotic HYIP, a new program founded by one of the regular members on MMG, fasteddy, has sent out a newsletter today about the latest referral contest. I plan to monitor this one for a while first, and as the plans seem quite sustainable with all sorts of fees imposed, and rules as well, you won't come out of this a rich man, but you will perhaps earn a few dollars from the program:
Hello new members!
I just want to say we are off to a good but slow start, this is great news as we are doing great and signing new members up yay.
Just want to touch up on a few things here as we move forward we have changed the commission from 3% to 8% which we feel will give members incentive to sign new members up under them,also from January 29th to feb 1 we are giving away a bonus of $50 dollars to the person that gets the most referrals and also we are giving away a bonus $25 to the person that has the most upgraded referrals as well.
lets have fun and kick some but(t)...lol
Psychotic Admin
AtoxFinance is doing well for me, and I'm compounding all my profits for this few weeks until an amount I'm comfortable with. Right now it's still not earning that much for me, but as per my calculation, this one should last for a while, and I'm completely comfortable doing a 100% compound. I wouldn't recommend doing so if you are investing your life savings into it, but as I'm only investing a small amount in this one, it doesn't really affect my overall portfolio if I lose the money.
IncoForex is still doing so well after 6 months online. The program sends daily email notifications informing you about your interest earned for the day and your available cash balance. A really nice feature that I hope other HYIPs would emulate.
WaterInvestment is doing fine as well, and the admin is really quite responsive as I've been communicating with him/her for a while..Seems like the program's growing nicely, and it's already stickied on several forums, such as TalkGold.
Okay, that's all for today folks! I'll see you tomorrow for more news and updates!
No comments:
Post a Comment