First Thoughts on FlashBits.
FlashBits just began a “Sticky Diamond” listing on the EmilyNews monitor. This is our premium listing and we welcome FlashBits to that elite group of advertisers. The company just began their online activities a few days ago and we are pleased that they chose to list with us from the beginning. FlashBits says that they are a “relatively young” company and they claim to generate their revenue by doing “business at the greatest and the most profitable currency and financial stock exchanges in the world.”
FlashBits offers six short to medium term investment plans. The shortest is only ONE day long while the longest is 25 days long. All of them pay your earnings and return your investment at the conclusion of the investment plan. The plans are unique in a number of ways that differ from the plan offerings of the typical HYIP. First of all, the investment limits of the plans are all the same — from $20 to $100,000. So, an investor is not locked out of a plan because he can’t afford a minimum investment. Next, each plan has five “sub-plans” that pay different interest rates depending on the size of your investment. The “advertised” rate for each plan is initially misleading as it refers to a the highest investment range. However, as soon as you hover over a specific plan with your mouse, the interest rates for all the sub-plans appear. These rates are gross rates that include your investment. So, a 105% rate means that you will receive a profit of 5% at the end of the investment period in addition to your investment. In general, the investment plans are very clearly presented and appear to be well-thought-out. This differs from many HYIPs where the investor has to struggle to understand what’s going on.
In a few days we will do a review of the program and, among other things, will take a close look at how profitable the various investment plans offered by FlashBits are — as well as how risky they might be to invest in. Please stand by…
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