HugMoney sent out a newsletter today, and a fairly lengthy one at that, about the program's current status and the latest referral contest. Here's the newsletter:
Greetings HugMoney members!
Following the great success of our last referral contest we have decided to run another one starting very soon. There’s going to be a few changes made this time however and we think it will be a lot more popular with our regular members.
We noticed that all the main prizes were won by monitor sites, and we felt that that might not be entirely fair on the average member who does not have the same time and resources to promote their referral link. So we think it only fair that everyone else get a fair chance in the next one. This is how it’s going to work:
a) The contest starts on March 10 and finishes on March 17.
b) The prizes will be – first $500, second $300, third $150
But this is what’s going to be different – one contest will apply exclusively to monitors, blogs, and other assorted internet professionals. The second contest however will apply exclusively to regular HugMoney investors. So this is an ideal opportunity for you to win some nice bonus for yourselves. As before all we ask is that you give a fair and honest assessment of your personal experience with HugMoney. Just tell the truth. Tell them how much you invested and how much you got paid for it. You really don’t need a blog or monitoring website for that!
Please also allow me to be very clear about one rule – only new and active referrals who join under you from March 10 onwards will be counted. Older and inactive members are not included. But I do think that because we have removed the monitoring sites from this that your chances of winning are vastly improved, but also remember what I said before the last contest. If you don’t win a prize you will still earn some commissions and anything that benefits HugMoney as a program also benefits its members.
The next important issue we need to discuss is that of our members support. Please remember that HugMoney is not only one of the most popular investment sites online today, it’s also the fastest growing. Let me promise you that we always try our best to deal with each and every one of your questions as quickly and as efficiently as possible. But we’re only human and our support operators can only answer one e-mail at a time. Generally all issues are fixed within 48 hours and usually a lot faster but please be patient. We have a huge volume of traffic so I would ask you if you do have a problem then do not submit more than one ticket. In the very unlikely event that your problem is not dealt with satisfactorily within that time, then sorry for missing it, please write to us again and accept our apologies, There is no need to submit duplicate tickets before 48 hours, so we kindly ask you to refrain from doing so. In the long run it helps us deal with your and everyone else’s questions a lot faster.
Another issue that has been brought to my attention is the almost unbelievable fact that many members with active deposits have actually neglected to provide us with their payment processor account details. I mean how on earth are you expecting us to pay you!?!?! Remember that it’s not just a simple matter of depositing in Hugmoney, you must provide us with you account details as well. For example, AlertPay customers must give us their AlertPay e-mail addresses, LibertyReserve and PerfectMoney users must give us their account numbers (starting with the letter U in both cases), StrictPay users must also give us a account number, and SolidTrustPay users need to provide us with a user-name. I understand that many of you are new to the business of online investments so you need to keep that in mind. We simply can not pay you if you don’t tell us your account.
Also note that due to the increased fees applied by some processors we regret that we are unable to make payments of less that $1 to AlertPay and SolidTrustPay users. This has no effect on your account and you can withdraw as normal as long as you are asking for a minimum of $1. This rule does not apply to the other payment processors.
One very important rule that continues to be broken by a small number of members is that of dual accounts, i.e members opening second and third accounts and using themselves as referrals. This practice is strictly prohibited by HugMoney and we will have no hesitation in closing the account of anyone found doing this. In fact we have already removed a number members that have tried to abuse the system in order to benefit themselves at the expense of others. If this happens to you and you think we have made a mistake then we will request that you verify your identity with us (contact us for details on how you can do that). But please be aware that under no circumstances will HugMoney tolerate this behavior.
And this leads me on to my next point. Because of this last issue, and let me assure all genuine HugMoney members that this is for the good of the program, certain people have become very angry and have been threatening us and blackmailing us. Threaten away! We act in the interests of our members at all times, and nothing else. Therefore I would ask all monitoring admins that receive bad votes about HugMoney to kindly verify the facts surrounding these complaints before acting on them. Invariably it turns out to be one angry blackmailer who tries to spread rumors and panic. So monitors – please act responsibly! Contact us to verify these claims before acting and we will satisfy you that its the complaining member that has broken the rules.
Staying on the subject of monitors I would also like to address the issue of “refback”, i.e monitors that pay you to join a program under their referral. Please note that Hugmoney also strictly prohibits this practice and if we become aware of any monitor, blog, or regular monitor offering this service then we will again have no hesitation in freezing your account. We consider this practice to encourage “hit and runners”, in other words people who join just to get the extra ref-back, and then leave the program as fast as possible without ever re-investing. And if they do re-invest, they still withdraw everything and join again under another ref-back site. Why is this necessary when HugMoney already accommodates re-deposits from your existing account? The answer of course is greed, and greed at the expense of the honest members. So HugMoney will no longer tolerate this.
By the way it really is quite simple to re-invest from your balance anyway. First just go to your account, choose a plan, choose the amount you wish to spend, and then choose deposit from account balance of your payment processors. Just follow the instructions from there really. We have tried to make it as easy as possible for you so there is no reason for us to tolerate ref-back sites.
But remember that we as a program depend on you as members. We all need to help each other. So when we help you (by paying you!), please help us by voting for us on monitors, posting proof on forums, and leaving positive comments on any media where HugMoney is covered. Remember it’s your program too, so anything good for HugMoney is good for the members. We have been online for 3 long months now and I challenge you to find any other investment program offering the rates of interest that we do that has survived as long as this. Trust me, don’t even look because it isn’t there! But we have quite a sizable reserve built up now so rest assured that we can continue to support the program and its members for quite some time. Our main ambition is to make HugMoney the biggest online based investment project ever and with your help I sincerely believe we are well on our way to achieving that. We have never let you down in the past and we’re not about to start now!
Until next time, warmest regards, Hugmoney Administration team.”
Following the great success of our last referral contest we have decided to run another one starting very soon. There’s going to be a few changes made this time however and we think it will be a lot more popular with our regular members.
We noticed that all the main prizes were won by monitor sites, and we felt that that might not be entirely fair on the average member who does not have the same time and resources to promote their referral link. So we think it only fair that everyone else get a fair chance in the next one. This is how it’s going to work:
a) The contest starts on March 10 and finishes on March 17.
b) The prizes will be – first $500, second $300, third $150
But this is what’s going to be different – one contest will apply exclusively to monitors, blogs, and other assorted internet professionals. The second contest however will apply exclusively to regular HugMoney investors. So this is an ideal opportunity for you to win some nice bonus for yourselves. As before all we ask is that you give a fair and honest assessment of your personal experience with HugMoney. Just tell the truth. Tell them how much you invested and how much you got paid for it. You really don’t need a blog or monitoring website for that!
Please also allow me to be very clear about one rule – only new and active referrals who join under you from March 10 onwards will be counted. Older and inactive members are not included. But I do think that because we have removed the monitoring sites from this that your chances of winning are vastly improved, but also remember what I said before the last contest. If you don’t win a prize you will still earn some commissions and anything that benefits HugMoney as a program also benefits its members.
The next important issue we need to discuss is that of our members support. Please remember that HugMoney is not only one of the most popular investment sites online today, it’s also the fastest growing. Let me promise you that we always try our best to deal with each and every one of your questions as quickly and as efficiently as possible. But we’re only human and our support operators can only answer one e-mail at a time. Generally all issues are fixed within 48 hours and usually a lot faster but please be patient. We have a huge volume of traffic so I would ask you if you do have a problem then do not submit more than one ticket. In the very unlikely event that your problem is not dealt with satisfactorily within that time, then sorry for missing it, please write to us again and accept our apologies, There is no need to submit duplicate tickets before 48 hours, so we kindly ask you to refrain from doing so. In the long run it helps us deal with your and everyone else’s questions a lot faster.
Another issue that has been brought to my attention is the almost unbelievable fact that many members with active deposits have actually neglected to provide us with their payment processor account details. I mean how on earth are you expecting us to pay you!?!?! Remember that it’s not just a simple matter of depositing in Hugmoney, you must provide us with you account details as well. For example, AlertPay customers must give us their AlertPay e-mail addresses, LibertyReserve and PerfectMoney users must give us their account numbers (starting with the letter U in both cases), StrictPay users must also give us a account number, and SolidTrustPay users need to provide us with a user-name. I understand that many of you are new to the business of online investments so you need to keep that in mind. We simply can not pay you if you don’t tell us your account.
Also note that due to the increased fees applied by some processors we regret that we are unable to make payments of less that $1 to AlertPay and SolidTrustPay users. This has no effect on your account and you can withdraw as normal as long as you are asking for a minimum of $1. This rule does not apply to the other payment processors.
One very important rule that continues to be broken by a small number of members is that of dual accounts, i.e members opening second and third accounts and using themselves as referrals. This practice is strictly prohibited by HugMoney and we will have no hesitation in closing the account of anyone found doing this. In fact we have already removed a number members that have tried to abuse the system in order to benefit themselves at the expense of others. If this happens to you and you think we have made a mistake then we will request that you verify your identity with us (contact us for details on how you can do that). But please be aware that under no circumstances will HugMoney tolerate this behavior.
And this leads me on to my next point. Because of this last issue, and let me assure all genuine HugMoney members that this is for the good of the program, certain people have become very angry and have been threatening us and blackmailing us. Threaten away! We act in the interests of our members at all times, and nothing else. Therefore I would ask all monitoring admins that receive bad votes about HugMoney to kindly verify the facts surrounding these complaints before acting on them. Invariably it turns out to be one angry blackmailer who tries to spread rumors and panic. So monitors – please act responsibly! Contact us to verify these claims before acting and we will satisfy you that its the complaining member that has broken the rules.
Staying on the subject of monitors I would also like to address the issue of “refback”, i.e monitors that pay you to join a program under their referral. Please note that Hugmoney also strictly prohibits this practice and if we become aware of any monitor, blog, or regular monitor offering this service then we will again have no hesitation in freezing your account. We consider this practice to encourage “hit and runners”, in other words people who join just to get the extra ref-back, and then leave the program as fast as possible without ever re-investing. And if they do re-invest, they still withdraw everything and join again under another ref-back site. Why is this necessary when HugMoney already accommodates re-deposits from your existing account? The answer of course is greed, and greed at the expense of the honest members. So HugMoney will no longer tolerate this.
By the way it really is quite simple to re-invest from your balance anyway. First just go to your account, choose a plan, choose the amount you wish to spend, and then choose deposit from account balance of your payment processors. Just follow the instructions from there really. We have tried to make it as easy as possible for you so there is no reason for us to tolerate ref-back sites.
But remember that we as a program depend on you as members. We all need to help each other. So when we help you (by paying you!), please help us by voting for us on monitors, posting proof on forums, and leaving positive comments on any media where HugMoney is covered. Remember it’s your program too, so anything good for HugMoney is good for the members. We have been online for 3 long months now and I challenge you to find any other investment program offering the rates of interest that we do that has survived as long as this. Trust me, don’t even look because it isn’t there! But we have quite a sizable reserve built up now so rest assured that we can continue to support the program and its members for quite some time. Our main ambition is to make HugMoney the biggest online based investment project ever and with your help I sincerely believe we are well on our way to achieving that. We have never let you down in the past and we’re not about to start now!
Until next time, warmest regards, Hugmoney Administration team.”
A new short-term high ROI HYIP called General-Income is stirring up a storm in forums as many people are jumping in to take advantage of the high ROI offered. The admin has just launched a new referral contest, and here's the newsletter:
Hello!
Our first Referral Contest https://www.general-income.
End date March 15!
1st Place $250
2nd Place $100
3rd Place $50
Winner will be the user with most active referrals.
Chat with General-Income members - http://GI-CHAT.COM
This new program I joined called PurpleFundsPro is paying regularly with no hiccups thus far. I'll be preparing a review on it soon, and so far, I like what I see. PurpleFundsPro pays 4% daily for 30 days with your principal returned upon expiry. The script looks identical to GoldCoders, but after talking to the support team, they clarified that the admin likes GoldCoders' script so much that he asked the programmer to design a script that looks and functions exactly like Goldcoders. So it is, in fact, a customized script. Lol..To me, anything that looks like a monkey, runs like a monkey and shouts like a monkey is a monkey. But other than that, PFP does offer an interesting game.
Programs that paid me as usual:
Tomorrow I'll be launching a new section of my blog called "SafeMoney Talk", which will be a weekly review of my investment programs, which programs are hot, which programs are down on the side, and what I plan to do for the following week.
So stay tuned for more news guys!
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