25 March 2010 - CherryShares Review

Following a slew of HYIPs that went sour, it is of great pleasure for me to introduce a long term low ROI program that has been a low-profiler for the past year, CherryShares. The way I see it, the really outstanding programs are the silent performers; they work diligently without spending excessively on promotion or advertising. Therefore, more money is left within their investment pool and that directly translates to longer program lifespan.

CherryShares has been online, with consistent and regular payouts, for the last 326 days. The site has a custom script coupled with a beautiful personalized design. The design is neat, easy-to-navigate and emanates a sense of professionalism. I like the clean look— there are no clunkers, no huge 468x90 banners whatsoever. The navigation tabs on top of the page bring you to their "Who We Are"/About Us page, "What We Offer"/Investment Plans, "Due Diligence"/Rate Us page, and "Affiliate Program"/Affiliates page. A list of monitoring sites is available on the "Due Diligence" page which bears testament to the site's impeccable performance for the past 326 days.

CherryShares offers 3 payment plans, namely Short-Term, Medium-Term and Long-Term plans.

Short-Term Plan:

• Interest is withdrawal at any time
Pays 5.8% weekly(payout processed on Friday)
50% of Principal can be withdrawn after 2 weeks; 100% of Principal can be withdrawn after 3 weeks
No maturity*
Min: $50.00 Max: Unlimited
*Your investment will continue to earn until you choose to withdraw all your investment or your investment is less than $50.00

Medium-Term Plan:

• Interest is withdrawal at any time
Pays 8.7% weekly(payout processed on Friday)
Matures after 50 weeks
Principal returned upon expiry
Min: $5,000 Max: Unlimited
Compounding is offered upon request

Long-Term Plan:

• Payout is processed upon expiry
• Pays 9.9% weekly compounded*
• Matures after 75 weeks
• Principal + interest will be paid in lump sum upon expiry
• Min: $20,000 Max: Unlimited
• Compounding is capped at $5,000,000 (5 million)

CherryShares claims to achieve such high returns by engaging in currency-conversion business.

...converting certain currencies. This solution was found in an unusual way of converting a certain currency into another currency at a 1:1 rate.

While that sounds like a new business model, my first impression when they mentioned currency-conversion was Forex trading. A definition of forex trading from Wikipedia, "The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies." Nonetheless, a paying program is a good program, and as we are all aware of by now, treat every HYIP as a game and you should be just fine.

CherryShares is hosted by BlockDos with a dedicated server from Staminus. These two companies are arguably the best in the business, and I fully expect them to deliver the top-notch services they're known for. The domain name for CherryShares was created in 2007, updated in 2009 and expires in 2011. While this doesn't hold any particular significance, I would like to take this opportunity to advise some investors that a domain name can be purchased for the price of a Subway sandwich; and some investors often misinterpreted that as a sign of a long term player. Nonetheless, CherryShares has been online for all this time without any hint of slowing down, and I truly believe they will be here for another few months.

Payment processors accepted are AlertPay, LibertyReserve and PerfectMoney(USD & EURO). Payouts are handled manually, so please allow 24-72 hours for the payouts to be processed. Support system is available via contact form, and thus far, that's the only option available. The program claims that valued investors (with at least $1million active deposit) have the privilege of meeting the program admins face-to-face. The program is also known as "Brooksell Universal Limited Company" Registration No. 2164408, issued on 25 August 2008 in Hong Kong.

Before I end this review, I'd like to show some support for this program by offering 80% RCB for each deposit you make. Please email me within 3 business days after you deposit, and I will send the deposit to your payment processor as soon as possible.

Thank you for reading!