Claims that Taxes are Lower.

Roboton (reviewed here) just published an update informing us that they have moved their headquarters from Australia to Northern Ireland.  Apparently, this move won’t influence the operation of the online operations of the company.  However, the update is interesting to the investor who tries to ascertain the legitimacy of an HYIP.  It claims that the company now has a registered capital of 10 million pounds (that’s a lot!) and is now a registered corporation.  A link to the corporation’s registration documents is also given.  Unfortunately, if you take the time to look through this documentation, you find that the corporation is the typical “One Man Show,” characteristic of the typical online HYIP.  It does not appear to be a real corporation with officers, an elected board of directors, etc.  Perhaps I have this wrong?  The article in HYIP Insights #17 describes this situation and you might find it informative if you are interested in investigating the legitimacy of HYIPs.

Here’s the update from Roboton…  

Change location of main resources

Dear investors! We always try to keep you informed about the events taking place in the company, therefore we inform you that our management and programmers are moving from Australia to Northern Ireland. There will now be an office for employees and from there the company will be managed. We develop, expand, improve our processes, and try to reduce tax costs. Taxation in Northern Ireland is much more favorable than in Australia and this is one of the main reasons for moving. The old company in Australia will be closed in the coming days. Once we were a small company, now we have grown into a corporation with a registered capital of 10 million pounds! Documents and registration of Roboton Corporation LTD in Northern Ireland, you can check on the government website: https://beta.companieshouse.gov.uk/company/NI667844 On the part of private investors, no changes will occur. We also, as before, consistently and timely pay profit. The future is in the present. Your Roboton.

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