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As part of our no bullshit Due Diligence process, an email interview was conducted with Optimus, Life Holdings. The offer could be found in HYIPDiscussion thread here.
Do note there might be a follow up interview again if there are questions from readers as well as myself to clarify any doubts. Any updates will be highlighted red.
Currently identity as well as numerous documents are being verified, so if you have any questions or suggestions, please let me know.
Initial Interview
Q: Hi, maybe you would start by introducing yourself to our readers?
Hi, my name is Dan. I am the trader and admin of Life Holdings. I have almost 4 years of experience trading FOREX, stock options, CDFs; over 2 years of betting experience using pattern systems.
Q: How are you generating your returns to your investors?
Betting at Betfair’s Sports and Games Exchange Market is Life Holdings’ primary source of profit until we reach a sizeable amount of capital.
I have been betting at Betfair’s Bet Exchange Market for two years now, on both the Sports Betting and the Games Betting markets they offer. I am using an excellent system developed by myself to bet on their modified version of Blackjack (21) game. My system is based on number patterns, Elliot and Fibonacci cycles. The system is proving to be highly consistent in results and with recent tweaking and money management rules, it is ready to work with other people’s money.
What makes my system different, and thus the 2% - 6% weekly return very safe, is the way profits are made. A theoretical 4% net profit in one week is not the result of four winning bets over two losing ones. That return is the result of up to 15 – 20 session, each session with 50 – 350 bets. Multiple small sessions with a very high winning over losing ratio is the secret behind our consistent profits.
FOREX and options trading is where we will diversify our funds next.
Q: Since you’re betting Blackjack, isn’t there always a maximum amount of limit that you can bet? So in this case, is there a maximum amount that an investor can place their money on your program?
Betfair’s maximum betting limits are very high, between $5,000 and $25,000 on every event depending on the odds of the event, but I always hit my daily/weekly/monthly goal playing more sessions, using smaller bets. This way, high returns truly represent better performance, instead of higher risks. I can comfortably make 10% - 20% profit each month using $200,000 capital at Betfair.
Before the $200,000 landmark will be reached I will make sure there is plenty more room to grow, diversifying the funds between several FOREX and later stock options accounts, traded by myself.
Q: Is Life Holdings registered? If yes, could you show us the documents of the incorporation?
No, Life Holdings is not registered as a capital management company.
Q: Is Life Holdings registered in any way?
At the moment Life Holdings is not registered in any way.
Q: Do you have a team that is working with you for your project? If yes, please introduce them.
I do all the trading and betting myself, I do not have partners or traders working with me.
Q: Taking in E-bullion/ E-gold, isn’t that cumbersome since your platform doesn’t take in either?
Because the amounts I bet with at Betfair are limited, it is easy for me to exchange and manage them in a very fast and efficient manner. Any amount over the pre-determined Betfair limit will be re-directed towards our trading platform, which accepts both E-bullion and E-gold.
Q: Is there any way that the 15% float will be completely depleted?
As you already know, I keep a 15% e-currency float, to guarantee weekly payments are always paid on time. The e-currency float is permanently regulated and kept around the 15% level.
Q: Aren’t there any off months at all when you have no profits generated from the game you play?
I work 52 weeks a year. On certain occasions if I have to take 1 – 2 days off, we will just see a slightly lower return that week, but payments will be made nevertheless!
Q: Is there anyone else doing this email interview and any sources of Due Diligence on your program? If yes, please list them.
NoBSHyip is just the first one, other interviews will follow soon.
Q: Are investors allowed to meet up with you?
Right now the answer is no.
Q: What sort of support do you offer to your investors?
I am available via e-mail and messenger; I also watch my program’s thread on several big forums, I will reply your questions there as well.
Q: Will you offer phone support to your investors as well?
I do not have spare time neither a fixed schedule to be called by all investors or potential investors. You have my home and mobile number so you can immediately contact me if there is an urgent matter.
Q: Is there any lock-in periods for the amount of money deposited with you?
You can withdraw your principal anytime, but only after 8 weeks I do not charge any principal withdrawal fee. Principal withdrawals take up to 10 days.
Q: Is there any administrative panel where investors can check their deposits/ withdraw and seek support from you?
A customized website with back-office will be built and launched early next year. Until that time all administrative tasks will be done via e-mail and Life Holdings’ forum.
Q: Are there any goals for Life-Holdings? List your short as well as long term if possible.
My short term goal is to launch a customized website with a back-office for investors. My short, medium and long-term goal is to maintain the best possible performance and service I can for my investors.
Q: When will the backend site for investors be ready then?
I predict the website will be introduced between January and February 2007.
Q: Is there anything else you would like to add?
Life Holdings is designed for massive medium-term and long-term investment growth. I choose safety over huge returns because I am thinking at the knowledgeable investor who understands that this is what will make them huge profits.
Jude, thank you for your time and for taking this interview!
You can choose to use the referral link of mine here if you find this review useful. There’s absolutely no obigation.
Popularity: 6% [?]
Well, actually iam searching for a new hyip to invest but I dont really know about this one.
Are there any customers which are already satisfied? Anyone who got paid? Too young isnt it?
How big is he at the moment (when talking about reaching $200.000 capital in second quarter of 2007 - if noone invested yet, how much will be his own capital). Has he already traded for this “fund” - The introduction of it was one month ago, maybe there are already results?
What do You think about him Jude?
Doh
I saw too late that there are more sites in the hyipdiscussion thread.
Those sites gave the answer to the question if he already trades - yes he does (on about 12% for november at the moment)
Wait for me to come out my report Hecht, is there anything you want to ask him? Direct the questions here
I am already trading for myself for quite some time now, with my own money (several thousands).
There are several Life Holdings investors receiving payments for 3 weeks now, I assume satisfied, but interesting that almost none are posting on my forum.
13% profit so far posted for November.
Life Holdings Website and Forum are not accesible.
Hosting problem I guess. Sent them an e-mail for details.
No worries.
Regards,
Dan ( Optimus )
Servers rebooting, that’s all.
Should be ok now.
Regards,
Dan ( Optimus )