Thread: Global Online Depository

Global Online Depository is a Secured Profit Interest Program

Launched October 3rd, 2005 - Paying

Global Online Depository is a unique bricks and mortar company... that's right, a real business; not an offshore HYIP (you can visit the warehouse, call and talk to the directors). Click here to visit the corporate website.

They sell products through many avenues, including E-bay Auctions and Yahoo Auctions - their main E-bay store can been seen by clicking here.

They also hold Yard sales, set up booths at Flea markets and supply other flea market people with wholesale inventories as these are people that travel the Flea Market circuit.

They do fund raisers as well by holding live auctions in various cities, normally with a church or civic organization.

They purchase products from China, India, and Mexico as well. They purchase Insurance claim Inventories and factory liquidation inventories, as well as shelf pulls from big chain stores.

If Global can buy something for $1.00 and sell it for $5.00, with low overhead, the company earns a very good profit. If that same borrowed dollar is rolled over 5 or 6 times a month during the year, it will have earned the company a gross cash flow of over $325.00 for the year and paid interest to the lender of $13.42 for use of the $1.

So they buy low in huge bulk quantities and sell high. There's been talk of them possibly going public at some point in time.

For people looking to generate a passive income, Global Online Depository offers their own loan program. Members don't buy or sell any assets. It's actually much simpler.

Members agree to lend money to Global for a term of one year. During the term of the loan, Global uses the money to finance a cyclical purchase and resale of product inventories at a profit.

In exchange for the use of the money, Global agrees to pay members a specific, daily interest rate, and also to return the original loan principal at the end of the one-year term.

They plan to go public within the next 90 days and have already received their stock trading symbol and have made it through their 3rd audit.

Minimum Loan: $10.00 - No Max
Loan Daily Interest Rates - Up to 1% Per Day depending on your loan amount
Loan Period: Each loan lasts 365 Days, then expires and you get your principal back.
Interest Withdrawal: Interest can be cashed out after 90 days of making the loan and anytime thereafter.

For example, on a $1,000 loan they pay 0.75% each and every business day.

A $10,000 loan pays 1% per business day. At this rate, your money doubles about every 3.6 months.

TIP: If you can swing it, funding your account with at least $501 will get you .75% per day... that's the rate for $500-$5000 before that minimum is raised.

Given the stability and the "not to be sneezed at" returns (from .20% to 1% per day), this is absolutely one of the best programs out there right now.

These rates are for a limited time only. Starting October 21st, these lucrative rates will no longer be offered.

It will STILL be a TOP Opportunity Check the New Details on the Main Website for Details

You still have time to lock in the TOP rates until October 21st !

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They accept funds from e-gold, e-bullion, bank wire, personal checks, business checks or money orders, and direct deposit at bank of America and Wells Fargo.

Principal is held for 365 days. At the end of a loan's one-year term, your original principal is released and you can either withdraw it or keep it working for you by making a new loan to Global.

No referring is required in order to earn a great interest rate on your loan! However, if you do refer someone to the program you'll earn a very fair referral bonus.

Referral bonuses (not dependent on the number of referrals):
Level 1: 25.00%
Level 2: 5.00%
Level 3: 3.00%
Level 4: 2.00%

Referral bonuses can be withdrawn anytime after 30 days.

Note: Referrals are NOT required to earn passive income from loans made. Also, mass public advertising is prohibited, however, you can share the program with your personal contacts and private email lists. They intentionally want to keep it low key.

The type of loan they offer is called a Secured Profit Interest Program, which means that your loan is secured by tangible product inventories stored in their own warehouses. This is what distinguishes a Secured Profit Interest Program from all other online investment programs like offshore HYIPS, which are all too often based on dubious "trading" in various financial markets.

When can I start withdrawing my interest?

You can start withdrawing daily interest anytime after the initial 90 day period. You can pull your principal out after the initial 365 day holding period. When you pull out your principal all they do is sell off some inventory and you get your money.

Lots of due diligence has been done on this company and program - What they do, who runs it, and where they are has been checked out - Google search, satellite search, direct phone numbers, etc.

This is a real brick and mortar business as you will be able to see when you check their site and make sure to click on the NEWS section and see their Newsletters that address a trip to one of their Warehouses and a trip to China.

WEEKLY CONFERENCE CALLS - HOSTED BY: RUSS DEVAN & A.J. BURZUK

Russ DeVan and A.J. Burzuk host weekly conference calls to answer questions about Global.

When: Calls are held on Tuesday and Thursday nights at 9pm Eastern time (6pm Pacific, 7pm Mountain, 8pm Central).

Where: Dial 620-294-3000. Enter 2603 # when prompted by the operator.

For more information please e-mail - [email protected] Russ DeVan or [email protected] A. J. Burzuk.

Who's running the show?

The owners are a couple of very experienced and respected gentlemen.

Larry "Buck" Hunter has been in business for a very long time and most recently is a Power Seller on Ebay. Mr Hunter served in the U.S. Navy as Radar Electronic Technician. In his early 20’s, he produced, authored and performed three Regional hit music records.

He has extensive experience building network marketing sales forces for a number of companies, which includes, but not limited to: Amway, Life Trends, Melaleuca, Radiant Life and Life Plus. He was a national radio host on the Cable Radio Network and a Television host.

Retired Judge Bryant E. Behrmann, BS, JD. served in the United States Air Force, flying F-4 Phantom jets, after which he returned to Brigham Young University, where he earned a Juris Doctorate.

In his legal career, he served as a Public Defender, County Prosecuting Attorney, and ultimately as a Judge for the Third District for the State of Idaho. He has also conducted a private practice in business law, specializing in corporate and trust law for closely held corporations. He lives in Henderson, Nevada.

I really like the fact that they're both right here in North America. They travel a couple of times a year to go meet the people that are investing with them.

I received the following update from one of my colleagues in Global:

"My 9-5-2006 visit to the Global Depository LaGrande warehouse.

On our way back home to Mexico from WA state I decided to stop by the LaGrande warehouse out by the airport on Smith Loop Rd and just check it out to see what was really going on.

I wasn't able to speak with Buck at that visit because he was doing a recording for a television or radio show at that time but I was able to explore the warehouses and speak with the people uncrating, categorizing, cataloging, shelving and sending the goods out.

In a nutshell I have never seen so much stuff of all different categories in one place in my whole life. Hundreds of four foot high pallets of toys, baggage, electronics, tools, grinders, drill presses, bandsaws, metal lathes, engine hoists, bedding, clothes, boats, motorcycles, 4 wheelers, electric scooters; you name it, it was there. And besides the huge warehouses, there were circus tents also loaded with hundreds more pallets stacked four feet and taller with more stuff.

I saw the recording studio with the cameras where he is doing live sales via satellite and television.

I skyped him after I got back home to better discuss the scope of what all is really going on. We had a long discussion and I took as many notes as I could but the scope of everything is
almost incomprehensible.

Basically he has discovered a huge cashcow in distressed merchandise. He brokerages for over four hundred different stores including WallMart, Sears, Walgreens, drug stores, tool
stores, clothing stores, hardware stores, discount stores, etc., buying their shelf pulls, customer returns, old items, discontinued items, etc. ; much of it to the tune of less than
ten cents on the dollar. He says he's going to post the name on his warehouses "AllMart" because the merchandise he brokerages includes about everything.

He has another set of huge warehouses in Boise, Idaho and yet another going in in Red Deer, Alberta, Canada. At any given time this merchandise is being sent out through over 700 different auction and flea market sites. It comes in by the container and much of it goes out by the container.

He has his own radio show at The AM Show, The Buck Stops Here, KCAA, Internet Radio, TalkRadio, Streaming 10am -12am pacific time. He will be advertising on over 128 Genesis network radio stations soon. His websites at ebay, with two more coming online, have unlimited pages to show merchandise on. His daughter in Idaho is digitizing photos of merchandise and posting them on the net on a fulltime basis. Soon there
will be live interactive auctions online with a limited numbers of people allowed to participate.

In a nutshell this is a for real operation. And if you are shopping for something like tools or a metal cutting bandsaw; go to the global online website or ebay site to search for it first. Or email them to see if they have one and just haven't cataloged it yet. I just bought such a saw from Harbor Freight and Salvage to replace the one I wore out in Guadalajara for
$209 which I thought was a good buy until I saw the same saw there at Global I could have had for less than $50.

I am told the loan rate will go down to .5%/day soon so you might get into this soon to still be able to get the .75%/day rate (that's a 5 days a week rate)."

FOLLOW THESE STEPS TO JOIN & FUND YOUR LOAN:

STEP #1: Read the entire website info, FAQ section and terms. Once you've joined Global Online Depository here for free, log into your back office and under the "Loans" section (on the left hand side), click on "Initiate a Loan".

NOTE: DO THIS BEFORE YOU MAKE ANY PAYMENTS TO THE COMPANY.

STEP #2: Next, choose the loan plan that best fits your deposit amount. The 25% added bonus applies to any loans of $501 and above, so if you're going to receive the bonus, calculate this into your total amount of the loan.

It may put you into the next highest percentage rate. For instance, if you plan on loaning $850, the extra 25% bonus would put you at over $1000 total, which would get you into the .75% daily plan.

$1,000=$1,250 immediately and daily interest = .75%.

$10,000=$12,500 immediately and daily interest = 1.00%.

STEP #3: Next, enter the amount you wish to loan (including the 25% bonus) and choose the payment option that you'll be using (wire transfer, money order, direct deposit, etc). Click the "Submit Form" button and go to the next screen to confirm your virtual deposit.

STEP #4: The next page will give you instructions for sending your payment (for example, for wire transfer, it will give you the bank information, etc.).

Fill out the confirmation form on the bottom. Also, you can choose from 0% - 100% compounding to rollover DAILY. 100% daily compounding is THE fastest way to build up your account balance.

Click the "Save" button.

STEP #5: Now it's time to actually send in your funds to the company. You have a week to send your funds before your initiated loan is canceled.

IMPORTANT: After you make a deposit - Please send an E-mail to Larry E. Hunter [email protected] or fax him @ 541-963-8145 and let him know you've made the transfer. Please include your name, phone number, account username, amount sent, method used to sent your loan and your receipt (bank deposit slip, wire transfer receipt, etc).

Questions?

For Questions that you can't find the answer to: Call Russ Devan at Loan Support: (480) 661-8541.

Global Online Direct, Inc.
Corporate Administrative Headquarters
8566 Lakota Street
Las Vegas, NV
USA 89123

(702) 939-4741 (office)
(541) 963-8145 (fax)

Global Online Direct, Inc. is a Nevada Corporation.

Contact Info:

Russ DeVann
Loan Support, USA
(480) 661-8541
[email protected]


A.J Burzuk
Loan Support, International
(403) 396-2899
[email protected]

Officers:

Larry "Buck" Hunter, President
(208) 412-1245
[email protected]


Judge Bry Behrmann, Secretary-Treasurer
(702) 493-5495
[email protected]

I like the concept of this organization and their latest strategy of "How Much Will Global Pay" where you can turn your saleable items into working assets could end up being a wonderful and unique feature.

I recommend that you explore this and do your due diligence and I think You will feel it is worth a position in your portfolio of business activities.

Wishing you only the best,

wow this serious.
i'll be sending funds tomorrow.

Originally Posted by HyipGoldDigger

wow this serious.
i'll be sending funds tomorrow.

Hey there,

I don't see you in my list...did you have any trouble joining?

Dkrhome

Just an update:

AT 12 NOON, SATURDAY - OCTOBER 21st, 2006 HKT
Global Online Depository's Loan Program Is Changing
What Will Stay the Same

* Referral Program. Global's 4-level referral program will continue to pay referral fees according to the current fee schedule.
* Existing Loans. All existing loans will continue at their current interest rates to the end of each loan's 365-day term, unless you request active loans to be consolidated. After the deadline, consolidation will close existing loans and create a new loan under the new loan program
* Compounding Option. Members will continue to have the option of setting the compounding percentage for each active loan at any integral value between 0 and 100 percent. The compounding option will also be extended to the new loan types.
* Hold Periods. Withdrawal and transfer of interest payments and referral bonuses are still subject to 90-day and 30-day hold periods respectively.

What Will Change

* 25% Add-on Bonus. This bonus will be discontinued, except as noted below under Rollovers.
* Current Loan Programs. All current loan programs will be closed. New loans will be activated under the SPIP Loan Program.
* New Loan Program. A new series of loan brackets and rates, the SPIP Loan Program, will go into effect after the deadline. All new loans activated after the deadline and grace period described below will be of the new type and at the new rates, except as noted below under Rollovers and Account Consolidations.

New Loan Program
SPIP Loan Program
Name Minimum Maximum Rate
President $500.00 $4,999.99 0.125% - one eighth of a percent
Diamond $5,000.00 $9,999.99 0.250% - one quarter of a percent
Platinum $10,000.00 none 0.500% - one half of a percent
Deadline

* 12 Noon, Saturday - October 21, 2006 HKT. Precisely at this time, all current loan programs will no longer be available for new loans. In order to lock in existing rates, a pending deposit record must be submitted from your account prior to the deadline. A pending deposit is generated by completing the 2-page "Initiate Loan" form.
* Future Intentions. You may not submit a pending deposit record with the hope of receiving sufficient funds prior to the end of the grace period defined below. All payments for pending deposits submitted prior to the deadline must also be sent prior to the deadline or they will not qualify for the current loan programs and rates.
* Add-on Bonuses. All add-on bonuses will also be discontinued after the deadline is reached, except as noted below for certain qualifying rollovers.
* Rollovers. After the deadline, rollovers will be activated according the new loan program and at the new rates. Rollovers will not receive an add-on bonus. Exception: Global will track eligible Account Balances prior to the change-over. Rollovers up to this amount may be performed with an add-on bonus and will create a new loan of the old type and rates. Account activity after the change-over which reduces the Account Balance will also reduces this eligible amount, of course.
* Account Consolidations. After the deadline, combining smaller loans into a single new loan may not be advantageous to existing members who have active loans under the old program. New loans resulting from account consolidation will be under the new loan program and rates. Be certain you understand this before requesting consolidation of your loans after the deadline. Exception: If your consolidation includes only old-type loans, the resultig new loan will also be of the old type at the higher rates.

Grace Period

* 12 Noon, Monday - October 31st, 2006. Payments for all pending deposits must reach Global's office no later than this time. The sole purpose of this grace period is to allow sufficient transit time for payments enroute to Global's office, which were sent before the deadline defined above. Payments sent after the deadline do not qualify for the closed loan programs and rates.
* Automatic Down-grade. Payments which reach Global's office past the end of this grace period for receiving funds will be activated under the new loan program at the lower rates. If it is apparent that your funds were sent after the deadline, your payment will be applied to the new loan program even though you completed a pending deposit record prior to the deadline.

To Make It Absolutely Clear: In order to qualify for a new loan at the present rates make sure to have all pending loans in the system by the deadline. You do this by clicking "Initiate Loan" and completing the 2-page form. You must also send your funds by the deadline. The grace period is solely for the purpose of allowing reasonable transit time for payments you have already sent prior to the deadline to reach Global's office. Payments sent after the deadline will qualify only for the new loans at the lower rates.

Get in now... you don't have to put a tone in.

Hi all,

We are all looking for an investment that has an actual product.

Global Online Depository has just that.... 1000's of em

Check this out: eBay Store - GLOBAL ONLINE AUCTION STORES: TODAY'S SPECIAL, DVD-Movies, VHS-Movies