Here is my 2-cents on any "reliable private program", do invest too much in it, no matter how much good feedbacks they have.
Here is the official words from them:
Dear Members,
After we sent the last update on Sep 15th, we unfortunately had an incredible decrease on re-loans in our club.
Even though we do not need require new loans and Strategic Investments is a self-sustainable business, we had been using new loans as a tool for cash flow management as our investments normally take more than a month to be completed with profit.
We had an emergency meeting last week with the top management team and based on these facts we will not be able to honor the payouts as originally stated, so it was decided to close Strategic Investments.
We know this is not the news you were waiting for, but it is better to proceed this way than not being able to deliver what was promised.
Effective immediately we are starting to refund all our members 100% of their loans. Refunds will be done following the order below.
1- Members in profit will not receive any loan refund back.
2- Members that sent loans after Sep 21st with receive 100% of their loan funds back. Each loan will be treated individually. This is already in progress.
3- Members that have never received a payout will receive 76% of their initial loan.
4- Members that have already received 76% of their initial loan (including the members from item 3) will receive the remaining 24%
We will finish the refunds as our funds become available, which will be within the next several weeks.
We URGE to you that you don’t complain to e-gold as this can freeze our funds and jeopardize the entire refund process. This is very important!
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