AltEnergy Publishes Progress Report.

AltEnergy just issued an update describing the impressive progress the company has made in only a little over two months online.  Details are in the update that we have reprinted below.

They have also announced a very nice carrot for their more ambitious investors!  AltAnergy will be hosting a ten day “Summit” next February in Cyprus for the top 50 leaders in the company.  This will be a chance to meet with leaders in the company and learn more about the business — not to mention a wonderful opportunity for an unforgettable vacation.  Again, here’s the update…

I’m glad to inform you that our popularity is growing day by day, many investors have already appreciated the quality and reliability of our platform and now we are making the world a better place. Alternative energy brings more and more income every year — it is easy to analyze, just take a look at the graphs for the last 3 years. Let me tell those of you who are still hesitating and waiting for a moment to look into it more seriously, I assure you that it is much different from other projects that cannot last a month, because those are nothing but the ponzi schemes. We, on the contrary, pay only the percentage that does not affect our investors’ money, we pay with our income! We have planned many more updates for maximizing our services at Alt-energy.

A bit of statistics:
More than $200,000 invested, more than $50,000 paid, 1,300 real investors make profit with us. And I thank you all for your trust! Our evolvement has just begun!

We’ve decided to arrange a summit for the top leaders of our company, which will be held in February 2018. The top 50 leaders of the company will go to Anassa Hotel, Cyprus, for 10 days, where they will have an unforgettable vacation and the insight of our business. You will have a chance to meet all the directors of our company, and I will personally get acquainted with every leader!

With best regards –
David Ernsten,
General Director of ALTENERGY VENTURES GROUP

 

Bandeira Construction Closes!

After being online since early 2016, BandeiraCorp (reviewed here) has finally closed.  This is one situation where I’m not at all surprised that the company pulled the plug.   In fact, I’m surprised that this didn’t happen much sooner!  Well, there is probably a good reason for this long term survival.  BandeiraCorp paid a very low interest return and, even if the program was a Ponzi, this could give it a long lifetime before they would have to shut down.  Why am I not surprised because the program shut down?  Here is a paragraph that I wrote about the company when I review it this past April…

I discovered that there is a brochure on the website — where I expected to see a polished presentation of the company’s background and business.  So, I jumped at the opportunity to get this clarification.  On the plus side the brochure IS very attractive.  On the minus, I am sad to say that probably very little of what you read in the brochure is true!  When describing “why investing in UK is a great opportunity,” it goes on to say that “The pleasant climate, palm trees, year round blooming flowers, endless white sandy beaches, continues to attract tourists, retirees, and new residents to the England.”  Almost every photo in the brochure is taken in this type of warm idyllic tropical environment.  Unless global warming has secretly occurred in the UK and raised its average annual temperature 10 degrees C, those photos were taken somewhere else — probably where every resident of the UK wishes he was in their uncomfortable winter weather where the temperature is usually in the neighborhood of 5 degrees for three months or so.

The minute I read this nonsense brochure, I knew that the entire program was a joke.  In spite of this, a number of folks signed up for the program via the Emily News website.  They might even have made money due to the longevity of the program.  I’m not going to try to figure out the math on that…

Perhaps this is the right time for us to repeat our policy for reviewing an HYIP that we list in this website.  Concerning the “Legend” of a company (See HYIP Insights #6 for an explanation of this.  You can read it here.), we take it at face value even though it is a fact that the businesses behind most HYIPs are truly imaginary.  In other words, we always give a company the benefit of the doubt.  It is only in cases like BandeiraCorp, where the company publishes blatant lies, that we will bring them to our readers’ attention.  You might still make money by investing with such a company.  However, it should be very clear to you that you are investing in an outright scam.

Another HYIP that published blatant lies about itself was Ethtrade.  We did a major expose’ on them in HYIP Insights #5 that you can read here.  Like BandeiraCorp, this company was also long-lived.  But, ultimately it too faded into the sunset.

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