Monday, March 22, 2010

Verifield Review's

Hi everybody! Out of all the programs I have come across recently, good and bad, I must say that the one I’d like to review today is one of the most intriguing I have seen in a while. It’s a new program called Verifield and at first glance it might all seem a bit daunting to newcomers in this industry. And I’ll admit it is all a bit unnecessarily complicated for what is in essence still an online HYIP. But I think with a little patience and perseverance here you will be rewarded. I have quite a good feeling about this one and think we could still be talking about it in six months. I mean I wouldn’t guarantee it obviously and anything can happen, but this is a top quality program and one I will be very surprised at if it’s anything less than a success. A lot of work has gone into setting this up and I doubt very much that so much time, effort, and expense was made for Verifield to simply fold overnight.

So let’s start with the plans. I should point out that a few changes have been made here since the program was launched. It was initially stated that payouts were made daily. Please note that this is not the case and the website has been amended to show that payouts are actually made on expiry. The plans, as explained on the Verifield website, are also weighed down with a lot of jargon and technical-speak concerning the trading of stocks and commodities. Hopefully it won’t distract you too much because there are some good options here.

Starting with what they call the “Diversified Commodities” plan. It runs for 3 days and gives you a total return of 103% including your principal on expiry. So I guess this is best described as a test plan.
Next up is called the “Intensive Forex” plan. It’s a low risk and low return short term plan that runs for 7 days. The interest earned on this is 1.2% per day and paid on expiry with your principal. That gives you a total return of 108.4% on expiry.
The next three plans are more for the medium to long term investor. The rewards are higher of course as are the risks, but I think they are both realistic and achievable options. There is the “Nominal Income” plan the runs for a term of 30 days. It will pay you 1.3% per day which can then also only be retrieved on expiry. That, along with your principal, will amount to 139% of your initial investment.
Following on from that there is the “Effective Gross Income” plan. This option matures after 60 days, during which time you are offered to earn 1.6% daily on your investment, paid on expiry, and along with your principal will represent 196% of your initial spend.

And finally we have the “Capital Market Securities”. This one also runs for 60 days but pays you a higher return of 1.8% per day on your principal. I can’t help but notice doesn’t this kinda make the previous plan a bit pointless? A few changes have been made here already so I wouldn’t be surprised if something was altered here soon as well. In the meantime, you will be paid a total of 208% on expiry, principal included.
The payment options available to investors include LibertyReserve, PerfectMoney and bank wire transfers. The minimum amount to invest is quite an affordable $10 and payouts are made only on business days.
Ok, so the plans are sound enough. But what about the security? Well this is where Verifield really shines. It’s hosted on a dedicated server with full anti-DDoS protection by Dragonara. One of the best options available now I think. Most of you guys will be familiar with PerfectMoney I think. Well it’s Dragonara that are hosting them too so I think that says enough about the quality of there service. The script is totally unique and customized and for added security they have the always welcome but still too rare SSL encryption. If I have one criticism of the site it’s that it’s a little tricky to navigate at first. Maybe that’s just me though, but I did have to do a lot of searching and they also seem to like using ten words when one would be enough. However there is a step by step guide to opening an account and I think most will find that enormously beneficial. At least until you get more accustomed to how the site works.
Customer support is available via e-mail and an online ticketing system. There is also an active telephone line with a UK number. I checked it out already with a view to visiting their office and speaking in person to someone involved. My call was answered by a secretary who told me somebody would call me back soon. It never happened and I’m still waiting. Probably it was set-up just to answer support requests but I’m not sure about it. I am aware that the address provided on their contacts page is in a business center that offers serviced office workspaces for temporary public hire. You never actually have to set foot in the place in order to have an address there. It’s all perfectly legal (although misleading) and a practice carried out by many HYIPs. There is also no mention of either Verifield or Waygenic Trading on the government’s UK companies list.
I’m not going to hold that against them though. Just accept that it is a regular online HYIP and treat it as such. Yes, the risk is there but I think it’s a worthwhile one. It’s obviously been meticulously planned and I think a lot of work has gone into it. Everything about it in fact would seem to indicate that their intentions are to keep this running as long as possible. It’s well researched, it’s got realistic sustainable plans and it’s well protected.

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