First Thoughts on HexLand.
HexLand just began a “Diamond” listing on the EmilyNews Monitor. They are a relatively new program and have only been online for a month or so. We welcome them to our monitor and hope that they will be one of the few programs that remain with us for a long time to come.
Hexland claims to be involved with an extremely unusual undertaking — and it is a very noble one. They claim to be involved with creating islands from recycled plastic and then putting the islands to good use as independent political entities. Here’s the brief paragraph from the website that summarizes this activity:
Modern geodetic reconnaissance technologies make it possible to find islands located in neutral waters, flooded to a depth of maximum 10 meters. We rediscover the lands that have been swallowed by waters of the oceans.
Such lands do not belong to anyone, since they actually do not exist. Then the fun begins, we start building islands which consist of 80% of recycled plastic.
We turn the sea into independent territories with our own set of rules and laws with only one goal – the creation of the new type of offshore zones that allow us to pass through the flows that are inaccessible to other market participants.
At first glance, the concept of adding fill material to a submerged “potential” island is a fascinating one. Actually, this has been done in many places, but, as far as I know, always within the territorial waters of a country. For example, many airports have been built on filled land. However, the idea of starting with a landmass that is submerged, say, 10 to 30 meters below sea level — perhaps in the middle of nowhere — is a whole new ballgame. My background is in engineering and I actually lived on a small Pacific island for five years. Imagine protecting an island based on recycled plastic from 40 feet high sea waves! A very interesting technical challenge.
OK. Enough about engineering! You are here because you are interested in investing with HYIPs. In that regard, HexLand offers a set of five investment plans that range in length from three to 30 days long. The shortest-term plan has a minimum investment of only $10 while the other four all have minimums of $25. So, all of the plans are very affordable. The longer the term of the plan, the higher the return. And, this is the tradeoff: you must commit your investment for a longer time period in order to earn a greater return.
This set of investment plans is quite hard to understand; there is a lot of “camouflage” in their description that hides the essential features of the plans. However, some quick calculations tell me that the interest rates that the plans pay are lucrative, but not SO lucrative that the program would have little chance of long-term survival.
I should also note that HexLand also offers a set of three investment plans that are a full year long. These are obviously for the investor who is confident that the program will be a long-term survivor.
We will review this program in the next day or two. I suspect that we will have to work a little to remove the camouflage from the investment plans. However, this is our job and I hope that the information that we come up with will enable you to make an intelligent decision as to whether or not to invest with Hexland.
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