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What about MerchantShares? (Read 4824 times)
venkat
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What about MerchantShares?
3rd Mar, 2017 at 4:41am
 
One of my friends is (again) pressing me to join MerchantShares.

Can anyone share your experience, if you are in already.
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moneymarketing
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Re: What about MerchantShares?
Reply #1 - 5th Mar, 2017 at 1:14am
 
venkat wrote on 3rd Mar, 2017 at 4:41am:
One of my friends is (again) pressing me to join MerchantShares.

Can anyone share your experience, if you are in already.



Dont know
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Re: What about MerchantShares?
Reply #2 - 5th Mar, 2017 at 3:34pm
 
venkat wrote on 3rd Mar, 2017 at 4:41am:
One of my friends is (again) pressing me to join MerchantShares.

Can anyone share your experience, if you are in already.

I did a search on "MerchantShares" or even "Merchant Shares" on the forum, yours were the first post on this topic. So, I doubt if the usual members were or are a member of this program. Although I could be wrong?

Unless someone reading this post happens to be a member?
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SolidSnake
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Re: What about MerchantShares?
Reply #3 - 8th Mar, 2017 at 7:17pm
 
They've been online for some time now though this doesn't render them on the safe side on investment programs.

It's a HYIP with a non-fixed profit sharing from what I understand.

They promise to return 150% on your investment but I've read that there are fees that reduce that amount up to 10%.

They have a slow rate compared to other sites, which may be the reason they've survived so long, but they are also known to be prone to rapid changes which doesn't sound good.

They are also undergoing maintenance right now so the site is actually not accessible right now, and the notice on their home page also says that they are implementing "major" changes to their "business flow to comply with regulatory and payment method's accepted terms and conditions"..

As far as I see, there are a bunch of red flags there, but we could keep an eye on it to see how they will go in the future..
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Re: What about MerchantShares?
Reply #4 - 9th Mar, 2017 at 3:02pm
 
SolidSnake wrote on 8th Mar, 2017 at 7:17pm:
They are also undergoing maintenance right now so the site is actually not accessible right now...

Also, if you look at their FB page, you'll see that they also had maintenance, server issues just last Fall.
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Re: What about MerchantShares?
Reply #5 - 10th Mar, 2017 at 11:26pm
 
It's been a couple of days now that they've been under a 24h maintenance...  Smiley
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venkat
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Re: What about MerchantShares?
Reply #6 - 13th Mar, 2017 at 9:44am
 
Just for inviting me? I haven't even signed up yet.

Seems my power is growing. LOL.  Grin  Grin
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