This report could be read as a “print-screen” picture, or an “as is” interpretation of a situation at a specific moment in time due to the fact that HYIPS are constantly fighting the uphill battle of trying to reconcile market reality with client expectations.
W-MT Funds has an original approach: they do not promise a fixed return. This gives them some wiggle room when trying to rise to customers’ expectations.
At the writing of this report on february 2, 2009, WM-T Funds has been flagged by “DEATHWATCH”, a blog claiming to have compiled a set of guidelines allowing them to predict with reasonable probability when a HYIP is about to fail investors.
What I liked about deathwatch is that their 15th January 2009 list was right about “No Risk Investment” (we lost our principal there) and “Youmilex” (we also lost our principal there) and wrong in the case of Olympex (we got paid and got out) and Urinvest (we got paid and got out), which proves out premise that HYIP investing is equally safe as gambling.
In this case, the odds are at 50%, or the same as coin flipping.
Goldpoll also has W-MT Fund on “waiting” status, while HYIPbanker has W-MT Funds set at “paying”. There are some indicators that should encourage prospective investors to be extra careful when considering investing here.
For one, when one opens the “Opera” web browser to log on to the W-MT Funds site, Opera sends a warning that the site certificate does not match. That is an important change, as this was not the case previously, which means that something fundamental has changed at site management level.
Customers with an invested principal could have been warned with a simple email.
At Hyip.com W-MT is reported “paying” and a message from admin mentions that the site is under maintenance. We have requested a withdrawal today as mentioned on the site and are awaiting the payout scheduled on Tuesday. At the finalizing of this report on Wednesday, February 4th, 2009 we can confirm that W-MT Fund has indeed honored the withdrawal request.
Remember one of the early GoldTalk forum due diligence rules? One of those states that: “variable% usually goes with 6 months to one year”
We hope and pray W-MT Fund, who keeps principals for 26 weeks, will continue to do well and prove all pessimists wrong.
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