This program is now CLOSED! Do not invest there!
According to the Carbon7 website, the company describes themselves as “a group of entrepreneurs with a passion for efficient business models, where our time and energy could also be translated into a good cause and highly passive profits.” In this regard, they have recognized the increased demand for carbon-based products, fueled at least in part by the growing use of carbon fibers in the aircraft industry and in the manufacture of wind turbine blades. They “channel and route funds into well-established enterprises, which invest it in carbon-fiber distribution to high demand areas that lack supply, in order to generate sufficient rewards for all involved.” In a word, the folks at Carbon7 claim to have discovered a unique niche in which investment can generate significant profit. And, they invite you, the investor, to become part of this.
Carbon7 has been operating online since April 17 of this year — roughly a month or so ago.
There is something a bit unusual about Carbon7 which is the significance that is given to the number “7.” I only know it to be significant when rolling dice! However, as we review their investment plans, you will see the number popping up at many times.
They offer two investment plans:
The first is the “Weekly Plan.” As the name implies, it runs for a period of seven (there’s that number!) calendar days. It is intended as a trial short-term plan, perhaps for the investor who is wary of committing his funds to a longer period. In this plan, you make an investment of between $20 and $10,000 and it is returned to you a week later with a 10% profit. So, as an example, if you invest $100, a week later you will receive $110. Very simple to understand.
The CR7 plan, which is the “Main” plan of the Carbon7 program, runs for 30 days. This is a daily plan that runs for 30 calendar days BUT you are only paid interest earnings on business days. For the typical 30 day month, there are 22 business days. So, with the daily interest rate of 7% (that number again!), the gross interest paid by this plan is 154% (22 x 7). Since your principal is returned to you with your earnings, your net interest is 54%. As an example, for an investment of $100, you would come up with a net profit of $54 by the end of the month. In this plan you can withdraw your interest at any time that it exceeds the minimum withdrawal amount. The breakeven point for this plan is around 14 (100/7) BUSINESS days after you make a deposit. The minimum investment for this plan is again $20. However, the maximum is now a huge $250,000.
A unique feature of the Carbon7 investment plans is that you are limited to seven (the magic number!) times that you can invest or reinvest in either of the two plans at any one time. These are referred to as investment “slots.” Many HYIPs will permit the investor to have an unlimited number of different investments going on at the same time, with each one expiring at a different time. Carbon7 limits this to seven at one time in each of the two programs. So, if you have all of your seven investment slots filled, you will simply have to wait till one of the investments expires before you can make another deposit. I’ve talked a lot about this, way out of proportion to its importance, as there are probably very few investors that will want to have more than seven deposits going on at the same time — in any program anywhere.
Carbon7 presently uses the following payment processors: PerfectMoney, BitCoin, and Payeer. In addition, for larger deposits, it is also possible to fund your account by means of bank wire. This is a nice addition for the serious investor.
All deposits are instantly credited to your account and are given a “time signature” corresponding to the time you made the deposit. However, in the case of Bitcoin, it may take a few hours before your deposit will show up in your account balance and, in the case of bank wire, it can take a few days.
You can withdraw funds at any time provided your request is over the minimum amount of $2. Concerning time to process withdrawal requests, the website indicates that they “will be paid asap, and within 48 business hours. Please be patient. Business days are: Monday to Friday (excluding holidays).” Note that this refers to “business hours.” So, if you request a withdrawal late on Friday, you should not expect it to be processed until late on Tuesday. Given differences in time zones, a realistic expectation would be not to expect to see the funds in your account balance until the following Wednesday.
Based on the flavor of the website, I gather that Carbon7 is one of the few HYIPs that truly shuts down on weekends (which is not a bad idea for the Admin if he wants to live like a normal human being!). This should always be kept in the back of your mind when transacting business with the company early on a Monday or late on a Friday. This business of ours is truly worldwide and there are some huge differences in time zones involved.
For the “Main” plan, the 7% interest payments are made to your account balance every 24 business hours after your deposit and, assuming they are above the minimum withdrawal amount, are available for withdrawal at any time. For the weekly plan, the 110% principal plus earnings is added to your account balance after a calendar week has gone by.
Carbon7 has an acceptable affiliate program — acceptable meaning that there are some HYIPs that offer more lucrative ones and some that offer more modest ones. It pays you a 7% (that number again!) commission on deposits made by the first level of your downline and 2% on deposits made by the second level. If a deposit on the first level is above $777 (that number one last time!), the commission is increased to a more substantial 10%. You do not have to have an active deposit in order to participate in the Carbon7 affiliate program.
Support is limited to a contact form. As I’ve indicated in other reviews, this can be a decent option if the company has a competent person standing by to respond to support requests in a timely manner. However, there is a note in the support center indicating that “Chat support coming soon!” This will be a welcome addition.
To sum things up, Carbon7 has a limited number of investment programs. However, I think they will appeal to just about any investor. Furthermore, the minimum investment amount is within the reach of everyone. This is unlike many other HYIPs where the premium plan is out of reach by all but the biggest spenders in the industry. Obviously, this is my own personal preference, but I prefer this approach. So, everything considered, you might want to seriously consider investing in Carbon7. We advise, as always, that you make your investment part of a diversified portfolio. And, finally, never 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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Please don’t forget that you can post your screenshots of payment, scam, or other proofs related to a program by clicking on the “Details” button in the Emily News monitor. Also, don’t forget that you can add your referral link when you post your proofs — another way to build your downline.
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