Service is a thing that for the most part is forgotten, or overlooked, in our small industry but is something we should definitely look for in all aspects of life. To serve is to put our personal wants or needs aside and provide something to others. This blog serves all of you with information, and hopefully this gives you knowledge that you can use for your own entertainment, however you wish to use it. This is a bit foreign of an idea, because most sites out there in our industry aren’t built to serve you.
True, there are a good number of sites out there dedicated to providing you, potential investors, with information, but at the same time, they are trying to meet their own needs by referring you to programs and increasing their downlines. RCB, on the other hand is built solely to serve you readers. Here, we’re not trying to get you to do anything. I don’t try to get you to join any program.
Anyway, lets move on to the topic of the night, a program called Permanent Profit.
Permanent Profit is a long-term program that opened January 26th, 2011. Running just over a month, at this point I’ve had no problem withdrawing my earnings. Jumping right in lets take a look at the common questions asked by potential investors:
- Deposits are accepted via Liberty Reserve (LR) and Perfect Money (PM).
- Minimum investment is $10.00.
- Withdraws are processed manually within 72 hours five (5) days a week Monday through Friday.
- Initial deposit can be withdrawn at any time for a 20% fee.
- No minimum withdraw amount.
Permanent Profit has a fairly standard plan, offering a daily earning five (5) days a week on trading days (Monday through Friday). Every plan is the same in that there is no ending date on the investment. When you deposit into a plan, you should receive earnings every trading day until the program closes or you withdraw your principal. As stated above, you can withdraw your principal deposit whenever you wish for a 20% fee.
So, lets take a look at the first plan. For deposits of $10 to $2000, I expect this is the plan that will generate the most interest from investors. If you were to deposit $100, you should receive $1.20 daily for as long as you keep your deposit in the program. After 17 days if you withdraw your principal you’ll have earned a $0.40 profit, so technically it’s the first break-even point. The break-even point without withdrawing principal is after 84 days, so starting day 85 every withdrawal will be pure profit.
The second plan is identical to the first with the only difference being you earn $1.60 dailyand the minimum deposit is $2001, a substantial increase from the first plan. As I don’t recommend investing large sums in HYIPs due to the very high risk of loss, lets move on and take a closer look at the program itself.
First, I did a Whois search and an IP search. The whois search unfortunately doesn’t show us much due to privacy protection. We see the domain registration dates and that’s about it. The domain has extended registration but as we know, this does not reflect the length of time a HYIP will last, so it tells us very little. Moving on lets take a look at the results of the IP search:
We see from the IP search that the site is hosted on a dedicated server with DDoS protection by Genius Guard. Additionally, Permanent Profit features SSL encryption through Comodo. The only red flag I found with the program’s security is the use of an unlicensed GoldCoders script.
GoldCoders scripts typically are considered weak, with the possibility of being hacked more easily that other more complex and better protected scripts in the industry. In fact, my host, Black Lotus Communications has warned me multiple times of the weakness of GoldCoders scripts and the potential for back-door hacking. And this concern is with a licensed version of the program. An unlicensed version is much more risky, having potential backdoors and a higher risk of the chance the program itself is hacked or money stolen.
Lets take a look at Permanent Profit’s Alexa graph and do a bit of a traffic analysis:
Now, we see the traditional spike that HYIP programs see when they enter the market and begin advertising. This is a normal phenomenon, occurring due to a sudden growth in visitors while the site is fresh on the forums and with monitors. We see a drop after, and the traffic is still fluctuating. We haven’t seen a growth trend start yet; however the program is still young for a relatively low ROI, long-term program, so this isn’t a cause for concern at this time. What we really want to see in the future, over the next month or so, is the traffic to steady into a non-growth or a steady growth trend. This would show that the program has interest from potential investors and that it has the potential as a long-term program to be a successful program. At this time, we can only see a small picture, and it’s as of yet uncertain how things will pan out.
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