In Focus: Infinity Shares

by Tony Clifton [Your Program In Focus]

It has been long time without "In focus" program. There just wasn't anything interesting to see. Until the last week, when a nice guy got in touch with me about InfinityShares(aff) and I decided to review it.

Program Basics

I have heard about the program before, but somehow it never grabbed my attention - most probably because there hasn't been too much buzz about it. The program is running smooth since May this year and has produced 8.89% average monthy ROI. The minimum investment is 2 shares and that currently is slightly less than 10 dollars.

There are some nice things in this program which are less usual for the HYIPs and make it more like an investment club based on shares. Once you register and fund your account you can choose either to "instant buy shares" from the admin or buy from some of the open auctions. The auctions are created from members like you who are looking to sell their shares for various reasons. The price can be lower or higher than the admin price.

There is a small referral bonus for referring other members - it is 10% from their earnings (and not from their deposit). There is a helpful forum, but you will have to register for it separately. The program also offers VIP membership which will allow you to gain referrals from the members who sign up without sponsor. The fee of this is $2 per week or $5 per month.

The Due Diligence

I spoke with Christian, a co-owner and one of the traders for Infinity Shares. He was happy to provide:

Christian's Passport (Trader, Co-owner)
Steven's Passport (Owner, Co-Trader)
Broker Activation Paper
Christian's Phone number
Steven's Phone number
And just recently added, an unedited sceenshot of last week's trades done.

I was not able to confirm all of the data except Steven's passport, but this is just my fault (so, there wasn't any problem with the passports). Whatever, this does not matter too much.

The screenshot of the trading really proved producing the 4.85% gain which Christian claimed in the mail he sent to me. This gain has been produced in the week Dec. 12th - 18th. I was able even to verify a funny small detail like the hour difference between GMT time and Philipines time comparing the hour in the trading platform page and Christian's PC. Small detail, but exactly because it is small it would probably escape his attention if he had edited the screenshot.

I received also a word document with all the trades. Obviously it could be made up, but considering the huge number of lines it has, I doubt a healthy man would write this by hand. (Of course I don't exclude the possibility only certain values to have been edited on the automatically provided document).

There is something else, the guys are willing to show me the live trading. I haven't requested this for the review as I am planning to make an additional check on them after Christmass. So you can excpect a live trading audit soon.

Conclusion

No doubt, there is some real trading going on in Infinity Shares. It is a matter of time (and that would be soon) to verify that the trading is really as successful to produce the ROI they pay out. The screenshots and document have already confirmed this, so now only the live audit should come in place. (Watch HYWD for update on this matter).

Some recent program failures - Ibiza Traders, Megainvforum, FXE - have shown me that even verified trading is not a guarantee with the HYIPs. A painful lesson really. InfinityShares has one advantage - it's running stable since May.

There are posts in TalkGold which confirm that InfinityShares has been planned to be launched even earlier.

Another positive sign is that the program has been able to pay out during all that time even without receiving too much attention (see the Alexa rank - it's really low except the last week). There are only few quiet threads on few forums and no advertising at all. This limits the chance for I.S. to be a ponzi.

Having seen all kind of failures, especially at the end of the year I don't think anyone would go and dump his life savings into the program. But it seems that Infinity Shares is one of the best opportunities at this moment - without to shine, it's just running smooth and nice so far.

Published at Dec, 21 '06 , Read 5223 times.

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User comments:

Jude R at Dec, 22 '06 05:08
I'm doing my bit of research on IS as well, and will link up with you once it's done Tony
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DollarsBlog at Dec, 31 '06 14:56
This program isn't very interesting for about 4 months it got an overall zero net gain. Risk way outweights reward.
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Stijn1234 at Jan, 02 '07 12:01
They have also started a blog now where the two traders give comments concerning the trades. Interesting for members and other FX-traders :-) http://blog.infinityshares.com
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clifton at Jan, 02 '07 14:14
What you say makes sense, DollarsBlog, but the good thing with them is that you can sell your shares at any time. I.e. you don't need to wait an year just to recover your principal, as you can get out with profit much sooner. I'll probably do something like that
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clifton at Jan, 02 '07 14:14
Stijn, thanks for the info, that blog looks interesting
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Chris at Jan, 10 '07 19:59
feel free to visit the InfinityShares blog ;) http://blog.infinityshares.com
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Chris at Jan, 10 '07 20:01
oops, I guess stijn already posted it... hmmm didnt notice it before, probably clicked on an earlier dated link going to this article, sorry for the double post
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clifton at Jan, 11 '07 01:51
No worries Chris :) Your blog is an interesting read
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makila at Feb, 09 '07 14:23
You are correct that there were no gains for 4 months long dollarsblog. IS had good gains until end juli. Then the program was basically on hold for 4 months, due to broker problems and a broker switch to a new broker. But I disagree that IS is not worth anyonce time. The worst results are for those that joined begin juli. They gathered 18% in 7 months time or over 2.5% average a month. Those that joined since the launch have recieved 56% profit in 9 months time or an average of +6% a month. Those that joined begin november after the reopening made 26% in 3 months time or an average of +8% a month. These are not bad overall results.
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Paul at Feb, 24 '07 22:16
I didn't know clifton that you could withdrawal money anytime. Do you know of other programs right now lately that allow you that option(besides U-pie ;) ) Thanks.
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clifton at Feb, 25 '07 03:24
Do you mean withdrawing the principal, Paul? Because many programs allow you to withdraw profits at any time :)
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