Friday newsletter - a few events worth uinvestors' attention

New Opportunities of UInvest Franchise

Indeed, UInvest franchise opens a whole world of new opportunities for both uinvestors and business owners. Now, as you may know from the last MC, a franchisee can launch a so-called TOP fund, a tool for accumulation of uinvestors’ balances. With its help a franchisee can collect necessary funds for business projects and provide withdrawals to uinvestors. To learn more about how this model works, please click here. Moreover, if you are a business owner and you are looking for funds, feel free to contact a TOP distributor, who now has an opportunity to list your projects.    Submit your project today and get funded!

This Time UIdonate Helped 5 Children!

We are happy to inform you that in November and December UIdonate project received a record amount of donations. First of all, we would like to thank our uinvestors, who donated their funds via UIdonate. We have distributed these funds as efficiently as possible. As a result, this week 5 children have got the long-awaited help. They are Bohdan Aframchuk, Eugene Stepanov, Ilia Piven, Anastasia Golubovic and Eve Boyko. Due to our UInvestors’ donations we paid a course of the required treatment for each child. Once again, thank you very much!

Meet the Winner of the G.U.N. Contest!

Dear Ladies and Gentlemen, Today we would like to congratulate the winner of the annual G.U.N. Anniversary contest, Vladislav Gorban, and wish him all the best in all his endeavors and activities as a GUN Agent. As you may remember the task was to create a New Year card with GUN logos and post them on the GUN project facebook page. His work got the biggest number of likes from our audience and he really deserved his Apple IPad. It will be sent to him asap. Congratulations! We would like to thank everyone, who participated in our contest. All the best from UInvest!

Hola mis amigos!

It's been a lovely, calm and pleasant week. In fact, it has been such a great time lately that I feel like celebrating.

As you know, my usual manner of celebration is lying on a beach with an umbrella-adorned drink in my hand. Today, however, I'm feeling somewhat more ambitious, if you can believe it. And ambitious people celebrate by doing something, not by avoiding work, right? At least that's what I've been told, amigos…

Since no new program has been added, we'd usually go straight to the news part.

Edit: in the last hours we have added a new listing: Invest Age. A short review will be made in the next newsletter.

But not today, mis amigos! It's time to acknowledge a program that has not failed us for the last 10 months. Not once did we complain about payouts. Not once did we nag them about the support team or unfriendly layout. Who is that, you ask? Have you heard about Mutual Wealth?

According to mutualwealth.com, the company's structure is actually two-fold:

"MWF Financial Limited (founded in 2009) is the issuer and manager of portfolios and Fleet Mutual Wealth Limited works with investors and accredited advisers".

Kind of complicated, but the crucial piece of information is that "both companies are under the same management".

With a motto "Building your future", Comodo-issued SSL certificate valid from June 2012 to July 2014, a domain created in 2008 which should be valid for another year, and a freshly renewed ad contract with money-monitor, Mutual Wealth seems to do everything to show that they are actually thinking about the future.

As I mentioned before, the website is refreshingly simple and appealing at the same time. The offer seems rather daunting at the first sight, but the "Most Asked Questions" section should prove quite helpful – you'll find it under "Help". The support team awaits for your calls (+852 39733868, "calls are answered from 9am till 7pm Hong Kong time), e-mails (info@mutualwealth.com) or inquiries via Facebook (https://www.facebook.com/mutualwealth) or Twitter (https://twitter.com/mutualwealth). Bear in mind, though, that e-mails are answered within 12 hours. As you may have deduced, the company's official headquarters are located in Hong Kong (Wheelock House, 20 Pedder Street Central), but the administrative section is in Cyprus, while the whole "IT infrastructure is located in New York".

What does it take to invest with Mutual Wealth? $100 – returnable – and at least 30 calendar days. You also need PerfectMoney or Bitcoin account, or you can simply wire the money in a traditional way. There are three major "Investment Products":

"Growth and Income", "Active Trader" and "Easy Saver" and the ROI varies between 2%-8% a week. The minimum to invest is always the same, but the investment periods can go from 30 to 180 calendar days, depending on the "product". How much have we earned so far? Let's just say our ROI is now 122%. And that is why Mutual Wealth is Number 2 on our list.

After Liberty Reserve collapse, Uinvest program is in big troubles. This was the last direct payment processor which was available for Uinvestors to make a deposit or to withdraw money. Nowadays all transfers are handled by Financial Partners, who are "trusted uinvestors making money on in/out exchanges within UInvest".

The problem is that more and more uinvestors are trying to withdraw money so some financial partners started to make speculations. It's been a long time since Uinvest cut these speculations. Since yesterday, when the managment chat took place, Alex informed that from now on 25% is the maximum commission fee which any financial partner can set. And a negative commission of deposits was also removed.

So, it means that Uinvest is determined to handle all deposit and withdrawal requests. But how? Personally I have never seen even one offer from Selected Financial Partners even with 25% fee. The Financial Partners idea is not bad, but this third party needs to be controled by Uinvest, because the free market means some speculations, cheats, and a price relation to a demand. Currently more people try to withdraw money so financial partners are not interested to help them and to offer resonable rates, they are also worrying about Uinvest condition.

The current situation give more arguments to opponents who compare Uinvest to a ponzi scheme. I have to agree that if withdrawals are related to deposits volume, this is how a ponzi scheme works. I don't want to judge if Uinvest is a ponzi or not, I tried to do this in the past but without a resolute conclusion. But if the current situation extend, more and more people will start a panic mode.

We know from Alex that there are only 25 Selected Financial Partners (with transactions limits) and thousand of people who try to witdraw even with 25% fee. There is still no solution to them and I don't believe that this problem will be solved day to day, especially if Alex think that direct withdrawals will be not available because of the legal aspects. This is the opinion of Vivat, who was introduced as Uinvest lawyer:

"Uinvest is NOT a broker company. And, as another matter of law, it is not allowed for UInvest to take money directly from uinvestors.".

So the solution to handle withdrawals via UPay.net which was announced earlier is not ready yet and there are doubts if it will be ready at all.

So, lets wait and give a little more time to Uinvest. We should do this for two reasons:

1) Uinvest is working many years on the market and they usually have kept their announcements and promises.

2) We have no other way :) So it is better to not spread the panic until we will be sure that Uinvest is insolvent, it doesn't help anyone.

Personally I know that it is not easy to create a quick solution for so many investors, even if you have money for that. The legal aspects are very important and I believe that they may be a barrier for the quick solution. Let's watch the situation and do not draw too fast conclusions.