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Update:
http://www.mygoldgenie.com/images/468x60_02.jpg
MyGoldGenie wishes to set the standard for stability in the HYIP arena and is
now ready to take into affect a fresh concept in re spending applied to profit
share that is believed to be unique. A first for the Genie and a first for members
to benefit from and enjoy.
Not as strict as usual 50/50 rules that require you to wait until expiration to
get paid. And no confusing varied percentage payouts to members depending
on how much is re spent.
The wish of receiving 144% return on all spends to MyGoldGenie will be granted
to all members that are willing to set the Genie FREE.
What does this mean? Its simple! You will find that the “Free The Genie Respend Rule”
is designed to stabilize the program for the long run and allows members to spend
and profit as they wish, comfortably. It took a bit longer than expected to program
and implement, but its here and ready to go.
“Free the Genie Respend Rule” works like this:
The Genie will allow you to withdraw Cash Earned up to 60% of the 144% ROI on
your oldest deposit with no re spend required.
If you wish to have the remaining 84% of the 144% ROI you must set the Genie Free.
Here is how it works:
You can request Cash Earned and get paid up to 60% of the total 144% on your
oldest deposit with no respend required, after which you will need to make another
deposit equivalent to at least 30% of the value of your last spend to withdraw the
remaining 84% of earnings.
Here is a clear example assuming you have one spend of 100 USD in the program:
1. You will be able to withdraw Cash Earned up to 60 USD. While this is the case,
you will see on the “Request Withdrawal” page in your member back office, under
the column “Status”, that it will read “Normal.”
2. Your earnings will then continue to accumulate in your Cash Earned balance
as per the daily LSP but you will not be able to withdraw unless you make a spend
equal to at least 30% of the total value of your of your last deposit.
3. In this example, you will have to re spend at least 30 USD in order to be
able to withdraw your remaining earnings from your original 100 USD deposit.
While this is the case, you will see on the “Request Withdrawal” page, under
the column “Status”, that it will read “Need Reinvest.”
4. Finally, once you have made a deposit fulfilling the “Free the Genie Respend Rule ”
you will be able to request
earnings from your oldest deposit ID without any requirement for additional re spends.
While this is the case, you will see on the “Request Withdrawal” page, under the
column “Status”, that it will read
“Cleared”, meaning that you are cleared and ok to finish requesting all your earnings
on that deposit.
Now for some other things to go over, changes that will
benefit members and the program together:
1. On the “Request Withdrawal” page in your member back office you can request
withdrawal from Cash Available balance two times per week now (the week is Monday
through Sunday server time.) The server time is on the main page of the website and
in your member back office. There are no limits on the number of withdrawals that
may be made from your Commissions balance.
2. Payments are done manually for secure asset protection. Paydays will be on
Wednesday, Friday and Sunday in the evenings server time. The cash out button
will be available seven days a week, but if you request cashout on days payments
are made, you will be paid on the next pay day. For example, if you request a cashout
on Friday, you will not be paid out on Friday, but rather on Sunday, the next pay day.
If you request on Sunday, Monday or Tuesday, you will be paid Wednesday.
If you request on Wednesday or Thursday, you will be paid Friday. And if you request
on Friday or Saturday, you will be paid on Sunday. Simple, jot it down if you need to.
3. Approximately 48 to 72 hour time frame on payouts. Reserve allocation has
been increased from 3% to 6% of the profitshare distribution and the total rewards
to be split amongst top promoters weekly will be 6% instead of 9% ((2% to first place,
1.5% to second and third place, and 1% to fourth place). This is very fair as many of
you recommended. First rewards will go out on Sunday, April 29th after payouts are
done that day. Rewards will be paid on Sunday along with payouts each week.
WOW! Long Update, and that’s it.
The first payouts have been completed and a screenshot page will be linked from the
main site page later on. Please join us at MMG in our thread here:
Keep the votes coming on our monitors listed here, AUTO VOTE coming soon to a
member back office near you: My Gold Genie.com
More things coming, the Genie is on fire, over half of registered members are
ACTIVE, lets keep the momentum going and PROMOTE, over 1000 members is
possible within a week if not sooner!
Lets make some history in 2007 together!
m
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