Is Global Mutual worth considering?

Forgive me being the first to post in this area.

I have been researching Global Mutual, and on the face of it there are good things, or at least good intentions.

It has been going near on a year, but in terms of the number of people in the program there are relatively few. Some may say its not the size but the quality.

As far as I can tell from the little used forum the main problem seems to be slow service.

However my concerns before I commit myself is the slow site and the number of dead links - for me the navigation section is un-navigable. Nevertheless I am still fairly convinced about their honesty and intentions.

The purpose of this post. Does anyone else have any dealings with Global Mutual.

There seems to be a reasonable review at: (addy/url link removed)
Many thanks to all who reply.

Edit: Trusted Email address/Website Referral reference are allowed when you use the Email & Website links provided for the purpose within your Profile page (User CP), your displayed addy / Url / Ref.link was removed. MOD – YB

Since no one has posted I thought I might. I do not know if anyone ever really knows the inner workings of a program, wheather it will turn out to be a scam or not. But I must say that Global Mutual may be the exception in the end. They have been around for some time now so there is a stabillity there that we all hope to find in programs we join. I also wonder why their growth has been so slow. I do not understand.



But they have some real assets which is very unlike the fly-by-night programs we have all become familiar with. They sell Aussie mutuals for one. Now I may be wrong but I think those would have to be underwritten by the Australian government or meet their approval in some way. If you are interested, you might want to check this out to be sure. Maybe someone on this forum is more informed then myself on this matter and would want to share their insight.



They also own a large Olive field in Australia which uses state of the art technology. And, again I am not sure but I believe they own their own Credit Union. I am talking off the top of my head on these things but it would be great if someone could confirm these things one way or the other.



All I know is that it is much harder to run when you have a bunch of assets that are a part of the entity that investors have been brought into. It makes me think that maybe they don't intend to take our money and run. If this is true, these may be the guys many of you have been searching for to do your investments with. They pay about 18% a month return on your investments. They have other plans in mind which could be a great benifit to all their members. Their vision is amazing and they follow through on their plans which is something we do not see very often.



So I find these guys to be the best. I do not expect everyone will feel the same way but I am looking for stabillity and I may have that here. I will confess though that I have not yet made a withdrawal from them so we wait to see how that will go. If anyone has any other info, good or bad, I would like to hear of it too. Sharing our experiences is what will help us find that perfect program. That is my thoughts so take care.


Jehu

Thanks Jehu for your reply., its most appreciated.

I think we both think the same, that it is genuine and sincere. My only concern is that it is relatively small in the time span. However from little acorns.......

My research took me by TG which I usually avoid like plague and found that there seems to be a group who claim they have brought down pips and now want to turn to plexpay and bring that down since apparently it was originated by pips people. Wouldn't it be nice if people so hell bent on bringing down those who want to make life better for others, could actually get a life themselves.

i have been paid for a few months, their support could be better but it is paying

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GM was the first HYIP that I went into after Pips went down the drain. At the time it looked like a program that didn't pay out all that much but was a little more solid and up front and realistic than most of the more high paying ponzis out on the web.

I haven't got a cent back from it but I'm still in the game.

Quote:

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Originally Posted by gorp

GM was the first HYIP that I went into after Pips went down the drain. At the time it looked like a program that didn't pay out all that much but was a little more solid and up front and realistic than most of the more high paying ponzis out on the web.

I haven't got a cent back from it but I'm still in the game.

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Then you are really saying you have not made a withdrawal yet? Right? :rolleyes:

... pm the url so I can do my own opinion.

Thank you

patrick

I'm about to fund their DM2 weekly program.

If anyone is looking at diversifying into several low-entry fee programs, Global Mutual is worth considering, in addition to FeederFund, MPDW, VAOL and a handful of others.

Tetrahedron

Dispite taking two weeks to respond to this thread, in that time, I have now made my first withdrawal from GM.
It wasn't much but it went smooth and flawlessly into my egold account.
:party:
At least it's not a "paxmix" :toofunny:
I lost my $5.00 when that tanked.
:flame: Burn in Hell

My account at GM is not large but is growing. I have not yet requested a withdrawal.

Quote:

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Originally Posted by maxie

My account at GM is not large but is growing. I have not yet requested a withdrawal.

GM has been attacked by trolls much the same as PIPS.
This is from an email sent to members by Gordon:

---

Uh that email was supposed to be just for members. If I was you I would delete it. Gordon has already spoken about the confidentiality you agreed to and that others have been violating. Please follow the agreement you agreed too......

Could somebody please PM me the link to Global Mutual?

Thanks

I would also like the link. Could someone please PM to me.
Thank you.
ok

Hello,
GM ref.link and More in the my home page field in my profile.

THIS NEWSLETTER IS ALSO ON THE GM FORUM

A Major Shift in all global-mutual.com CLOSED(PRIVATE) programs is to
take place.

All Private (closed) programs will be transferred to VCSHARES very
shortly.

The three current programs will remain unchanged.

WHAT THIS MEANS TO THE INVESTOR

All closed programs will be re-opened in VC-Shares.

The $ value will be transferred at no cost to the investor.

The transfer ratio will be 1:1

Upon Successful transfer of all those shares, THE UNIT VALUE OF THESE
SHARES WILL BE INCREASED BY 50%

The final Tranfer ratio therefore will be 1:1.5

i.e. If your shares were worth $5,000 before the stock transfer, they
will be worth $7,500 upon final transfer and Ratio shifts being
completed.

Shares will be able to be listed "FOR SALE" either all or in part.

i.e. If you listed 33% of stock, you will retain your original
investment.
If you list 67% of stock, you will recover your original investment,
but maintain a profit portion of 33% until float.

The average increase in shares per day will be gauranteed at 0.9 cents
a day.

This increase will continue up until Aussie Mutual Float in apx 3 years
time.

No Dividends will be paid, until the end of February, unless we have a
boost in sales.

Some dividends are likely due to some FX investment.

WHY THE SHIFT?

The main VC player is Aussie Mutual.

Aussie Mutual has made a major shift, in order to become more
profitable.

A New National Sales Manager has been recruited. (Formerly National
Sales Manager of one of Australia's leading non bank
lenders)(confidential)

A Revolutionary All New Sales and marketing strategy will be placed.

A Slowdown must occur, in order to ACCOMODATE THIS CHANGE.
Dividends will begin paying normally in March 2006.
The special FX program we introduce for members will drop back to
normal rates in March.

A NEW FX fund will open to look after ONLY TRANSFER MEMBERS AT THE
HIGHEST GMI RATES POSSIBLE, to compensate for any trauma during the
transition.


No withdrawls on Closed programs in the HYIP will occur, but these will
be replaced by list sales and run as a private venture capital
stockmarket.

GMI at this time will cease to transfer funds to Aussie Mutaul except
for min running cost and a minimum managers fee.

In March Aussie Mutual will go positive, and the drain on GMI will
cease.

We ask you to work through all the material above, study it before
asking too may questions.


I hope and pray that you all have a pleasant Thanksgiving, and a happy
Christmas and new year.

Gordon
International Administrator
GMI

Info regarding pending withdrawal is contained in this thread:

http://www.hyipdiscussion.com/global...ouncement.html