This is SCAM project already! Do not invest there anymore!
Developer Trade Corporation LTD, “Detron” for short, has been in business since 2013. Recently, this past January, it became incorporated in the United Kingdom under the leadership of a Mr. Sebastian Craig. The company went online this past March in an effort to attract investor funding in support of their activities in the many aspects of the real estate business.
Putting together a number of sentences from the website, here’s what Detron appears to be involved with right now. “Developer Trade Corporation LTD is an international entity that is primarily focused on investment and advisory services in real estate. Most of its actions take place in Central and Eastern Europe. — The company main business involves real-estate, mortgage brokerage, realtor and property management.” They have been involved with the “purchase of real estate by auction, subsequent reconstruction and sale of the property since 2012. — At this time, the company is developing and taking further steps in the US in Florida where it focuses on renting apartments and villas in resorts.”
The investment plan offered by Detron is somewhat unique in that it is keyed to company revenues. If revenues are good, the daily gross interest can be as much as 4% per day. If they aren’t, a minimum of 1% per day is promised. The website gives a running graphical chart of the daily gross interest paid. For the nine days shown, it has been on a downtrend, with the last entry being 1.1%. The average of the nine days is around 1.6% per day. Of course, there is no way of predicting this at all. So, the investor has to take a wild guess at how much money he will make in this program.
Another unique thing about the Detron investment plan is that it doesn’t have a set term. The number of days in the plan varies and ends after you accumulate 150% of your initial deposit. So, if the company is doing well and the daily gross interest paid is high, the plan for you would end quickly. On the other hand, if company revenues are small, the term of the plan will be long for you.
To put all this into perspective, let’s work a few examples. We’ll do three of them:
Assuming that the maximum of 4% is paid every day
Assuming that the minimum of 1% is paid every day
Assuming that 1.5% is paid every day (this might be a probable daily return)
In all cases, let’s assume a deposit of $100. At 4% per day, you will earn $4 per day. 150% of $100 is, of course, $150. So, the number of days to earn it would be around 38 (150/4). The number of days to break even would be 25 (100/4). Something very important is the daily percent of PURE PROFIT that is made during the investment term. The percent of pure profit is, of course 50%. If we divide that by the number of days to reach a 150% gross return, we get the daily percent of pure profit. In this case it is 1.33% (50/37.5). We can work out similar numbers for the other two smaller gross interest rates. Here are all the results in summary form and, by the way, these numbers of days are the same no matter how much the investment is. I just used $100 because it’s easy to work with.
4% daily gross interest
38 days to make 150%
25 days to break even
1.33% daily pure profit
1% daily gross interest
150 days to make 150%
100 days to break even
0.33% daily pure profit
1.5% daily gross interest
100 days to make 150%
67 days to break even
0.5% daily pure profit
The most important figure might be the percent of daily pure profit. As far as HYIPs go, these are kind of low unless Detron can manage to keep their revenues high so that they can pay near to the 4% gross interest rate. For what it’s worth, and based on the limited data on daily returns on the website, I suspect that the gross returns will be in the neighborhood of 1.5% per day. This only amounts to a daily return of 0.5% of pure profit which is kind of low for the HYIP industry. But, anything can happen, I guess
Detron presently uses the following payment processors: Perfect Money, AdvCash, Payeer, and Bitcoin. The minimum deposit is $10 and the minimum withdrawal is $1. The time to process deposits and withdrawals isn’t very clear. Here is the statement from the FAQ: “All payments and deposits are mostly instant. If payment is still pending, it will be paid within 48 hours.” I guess the company is trying to cover themselves in case, for some reason, they have to delay a payment of two.
Detron has a decent affiliate program that pays 6%, 3%, and 1% on deposits in the first three levels of your downline. You don’t have to have an active deposit yourself in order to participate in the affiliate program. Detron also have an attractive Representative program that ups these figures to 10% on the first level of your downline and 3% on the second. Surprisingly, it looks like there is no commission for deposits on the third level. In order to become a Representative, you must have a minimum of investment $2001 and must actively promote the company on Facebook and other social media.
Support from Detron seems to be excellent. There is the standard request form and email address — which probably go to the same place. There is also live chat which I am assuming is up and running; I didn’t test it. Finally, there are also a mailing address and phone number. I suspect that they might not be helpful. However, if you live in the UK, you might want to give the phone a try. It you live in the neighborhood of the street address, you might even want to check and see what’s going on at the office. Often times, the addresses given are just a place where mail can be delivered. But, who knows? You might be pleasantly surprised.
Well, that’s about it for Detron. As far as I’m concerned, the idea of a flexible interest rate that goes along with company revenues is an attractive feature of this program. It gives them a cushion if — for any reason — they feel it is advisable to lower the interest rate they are using. As already indicated, the daily rate of pure profit is low for a HYIP. Although this will also improve the possibilities for the sustainability of the program, this might not be an attractive feature for some investors. So, typical of all investment programs, there are pros and cons to consider before making the decision to invest. However, if you do decide to invest with Detron, as usual, we advise you to make your investment a part of a larger portfolio and never to invest more than you can afford to lose. Good Luck!
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To the Admin: We always welcome comments on our reviews — pro or con — and we will be happy to publish them in the Emily News blog.
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