Editor's choice: Project X Pool

by Tony Clifton

I must confess i am a bit excited about the recommended opportunity in this issue and i may seem a bit adicted, but this investment program makes me really feel good.
"Project X is a joint venture between an elite group of technology insiders and GlobalVantage, an online club of thousands of satisfied investors." - this is written on Project X Pool website and it explains the basics in one phrase.

PXP (Project X Pool) is a pool for investing in Project X, which itself is a separate investment program. The minimum for joining Project X directly is 50k, that's why these people have kindly created the pool, which minimum at the time of reading this article will be ~$36 - $37. Now here is an importan info: the pool will be closed for new investments when the price reach $50. So if you like to invest, hurry up.

But let me get back to the details. The pool has started its operation in June and monthly profits since then are: 2.86%, 5.60%, 9.63%. The targed monthly returns are 10% - 15% but the people from the pool claim that it is possible to generate 20% - 50% in a good month. More about the profit structure from PXP's site:
"Gross profits are distributed as follows: The technology insiders receive 25% for running the project. The Project X Pool (PXP) receives 8% for supervising the deal and managing the payouts. Of the remaining 67%, half is paid out to investors as profit each month, and half is reinvested to take advantage of the compounding effect to assure even higher profits in the future."

The profits are generated thru investment in the technology sector. No forex, stocks, arbitrage trading etc, just real business. Certainly, 10% monthly is possible.

The best thing about PXP is that Project X is a partner with GlobalVantage - a reputable investment club opened in 2002. So far the performance and reliability of GlobalVantage has been no worse that FeederFund and they have always offered only good investment opportunities.

Together with participating in the Pool there are some bonuses - some of them i like, others - not:

1. " Buy three or more units in a single transaction and you'll get a one-year GlobalVantage membership for FREE!".
This is definitely great!

2. "Buy six or more units in a single transaction and you'll get a lifetime GlobalVantage membership for FREE!"
Also amazing opportunity

3. "Buy ten or more units in a single transaction and you'll get a lifetime GlobalVantage membership and you'll also gain access to Project X's secret profit strategy!"
Hmmm, if it is so secret, why i can

get access to it with only ~350 bucks? This sounds me fishy. In the beginning they say that to gain access you need to be direct investor (50k). Now just 10 units? Hmm.

And i definitely don't like the 10% referal commission. Well i maybe am too paranoid, but usually ponzis offer such a big ref. bonus.

Anyway, if you can live with the last 2 issues, the program looks very promissing and it deserves at least a test spend.

Published at Sep, 25 '05 , Read 732 times.

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User comments:

zen at Sep, 27 '05 17:08
In my experience, GV is a SCAM. Do your own DD and do not rely on Juliano or anyone else at GV. Watch when you start asking the 'tough' questions on the Forum, they may be deleted or you will be banned. To verify what I am saying, find out if members have ever been paid on the Project Electra and/or Electra Project? I found some very interesting information, not consistent with what GV was reporting about these programs and I don't beleive members will see a dime. I was banned from the forum for asking too many questions, and requested a refund which I received immediately. BEWARE.
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gv at Nov, 08 '05 11:26
Steve L. Farson (zen) is still angry because months ago he was banned from the GV forum due to the offensive posts he made. Ever since he has been spreading vile rumors about GV, even though he received his money back as he admits himself. As for Project Electra, all investors had the chance to cash out at a 40% profit in December 2004. Many did, but Steve did not. I wonder why? Make up your own mind at href=http://www.globalvantage.com>www.globalvantag...
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