Saturday, March 13, 2010

13 March 2010 - PurpleFundsPro Review

NOT PAYING


Welcome back folks! Today SafeMoneyInvest decides to review a mid-term mid-ROI HYIP that goes by the name PurpleFundsPro, or PFP in short. The program pays 4% daily for 30 days and offers slightly higher-than-average earning potential. There are much to be said, so let's move on with the review.


Purple Funds Pro- 4% Daily for 30 days


PurpleFundsPro is online for almost a month now, and we should be seeing some positive growth after the 1st cycle. Thus far, the site has been growing steadily, and I see, collectively, positive votes everywhere for the program. Payouts have been consistent for me, with each withdrawal done manually and takes anywhere from 4 - 12 hours.

PurpleFundsPro offers 4% daily for 30 days with no compounding option. Your principal is returned upon expiry, but note that early withdrawal option is available at a small fee. PFP charges a 20% service fee to "remove your principal early", as according to the site. In essense, PFP pays a whopping net profit of 120%, along with your principal returned upon expiry, which adds up to a total of 220%. You will earn back your principal on the 25th day, and the last 5 days are purely profit. In my opinion, the rate is threading on mid-high ROI lines, and given the proper fund management, it wouldn't surprise me to see PFP around for awhile.

Only a payment processor is accepted at the moment, namely LibertyReserve. Admin plans to add a PayPal button in the future, but still I hope flexibility(more payment processors) will be offered in the future. Edit: As explained by the admin, they accept PayPal and Bank Wire, but for only investments of $5k and upwards for the former and investments of $25k for the latter. You can contact the Support system personally for these options.

Moving on to script and hosting server, I have to note upfront that I am not particularly impressed with the admin's explanation of the script, of which the admin claims is a customized one, and even though I'm not against it per se, it still doesn't make a lot of sense to me. The script, on first glance, looks identical to a Goldcoder's script. In fact, if you delve deeper into the members' area or FAQ or any other parts of PFP, you will hardly notice any difference. Upon further due diligence, the support team told me the admin had his programmer design the site to look and function exactly like a Goldcoders'. Well, there's nothing wrong with infatuation or brand loyalty for a certain script, but to me, personally, if it looks like a horse, runs like a horse, eats like a horse and sleeps like a horse, it is a horse. Likewise, Goldcoders might not have the most stellar reputation in the industry, but it is still one of the most commonly used scripts, partly due to the script's availability in the market and cost-effective pricing. Edit: PFP is hosted on a VPS with unlimited bandwidth along with Ddos protection, and in view of that, the site should be able to withstand traffic flood with ease.

Referral commission starts at 7% (Starter Referrer), and goes up by 1% for each higher level. The levels increase in the following order.
  • Stater (starter) Referrer: 1 - 10 referrals.Percentage: 7%
  • Premium Referrer: 11 - 49 referrals.Percentage: 8%
  • Gold Referrer: 50 - 99 referrals.Percentage: 9%
  • Top Referrer: 100 - infinity.Percentage: 10%

  • PurpleFundsPro, in conclusion, seems like a really interesting game that deserves a glance. Personally, I'm attracted to the plan offered.If you don't think this one's right for you, then don't worry because SafeMoneyInvest will be here to help you find the perfect fit.

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