Internet income business verification - Net Income Solutions. Is it real?

[Citizen X]

Not entirely certain if this relates to the concept in question, if not, apologies etc..
I'm also not entirely certain if this information assists either way, just thought that I'd throw it out there..
Question: How is this concept funded?????

Domain name: defencex.com
Domain Title: EFT for Me
Domain Age: 1 Years, 156 Days
Website Speed: Fast
Owner: CHRIS WALKER
Address: 3 BALGOVE CIRCLE, ATLANTIC BEACH
Website Location: United States

Probable website origin :-

62%; United States

38%; south Africa

Notes:-
This website is 1 Years, 156 Days old

Analysis Details:-
Although this website appears to be based in United States there are other countries involved and you should review this information carefully and decide if it is as you expect.Although being a new website, does not make it un-trustworthy, as with any new business you should be extra vigilant and do your own research before placing an order or making an investment.
Name: CHRIS WALKER
Street: 3 BALGOVE CIRCLE, ATLANTIC BEACH
Registrar: GODADDY.COM, LLC
Web : http://registrar.godaddy.com
Registrar Country: United States
Ip Address: 64.202.189.170
Hosting Service: "GoDaddy.com"
Hosting City: Scottsdale
Hosting Region: AZ
Hosting Postal: 85260
Hosting Country: United States
Domain Created: 14-Sep-11
Domain Expires: 14-Sep-13
Domain Life: 731
Other Domains:
Ping: 658
Speed: Fast
Network Name:
Network Country: United States
Source:

http://www.scamadviser.com/check-website/defencex.com

[SSS100]

Today I could not log in on the defender site, and naturally I started panicking and did some looking around
And I found that other members have been experiencing problems too..... It does get worried, check

https://www.facebook.com/DefencexEfTformeProfitSharing?ref=stream&filter=2

[zobs]

Vanish does this mean after the 14 Sep 2013 the site will not exist?

[Citizen X]

Vanish does this mean after the 14 Sep 2013 the site will not exist?

On the contrary! I simply conjured up what I could find in the public domain about this site/concept! My stance remains, I cannot and will not with good conscience endorse this concept, there are just too many alarm bells! I'm waiting to see if there's any fall out..

[Mathebuj]

I also doubted this defencex, until i put down abt R100k in Nov 12. I need 2 say i did get my capital back from de earnings plus another R315k. Its unvelievable, but it works. The only thing is that u lose your cash depisit after the 75 days and remain with earnings balance

[vieome]

In the certain event(like death and taxes) of its collapse Investors may end up net winners or net losers in the scheme, the question is if you are a winner in the ponzi scheme, how would you feel that you won, and what you won was other peoples loses.

[Citizen X]

In the certain event(like death and taxes) of its collapse Investors may end up net winners or net losers in the scheme, the question is if you are a winner in the ponzi scheme, how would you feel that you won, and what you won was other peoples loses.

Good morning Vieome
What you say has great merit! Makes perfect sense to me...

[sydningo]

Yes i am subscribed to it. i currently make around R300 per day.

[Pfuma]

@ Vanash Naick and Zobs. it doesnt necessarily mean the site wont exist by the upcoming date, site or domain can be updated. If you check on DefenceX it was opened on the 14th Sept 2011, and updated on the 15th Sept 2012, so he can still update it in Sept 2013 again.

[Pfuma]

@MathebuJ. How do you get another R315 000 if you deposited only R100 000? To my understand you can only make R150 000 on the 75th day if you did not buy extra point.

[flaker]

Yes i am subscribed to it. i currently make around R300 per day.

It is a cardinal sin when you subscribe to knowingly taking other people's money.

[Blurock]

I also doubted this defencex, until i put down abt R100k in Nov 12. I need 2 say i did get my capital back from de earnings plus another R315k. Its unvelievable, but it works. The only thing is that u lose your cash depisit after the 75 days and remain with earnings balance

This can not possibly be true. R315k return on R100k in 2-3 months?!
If this is true, it is proof that it is a Ponzi scheme as no legal investment in this world will pay you that return.

[Darkangelyaya]

This can not possibly be true. R315k return on R100k in 2-3 months?!
If this is true, it is proof that it is a Ponzi scheme as no legal investment in this world will pay you that return.

Even if this dude invested R100k in the beginning of Nov '12, he would have only completed one cycle of 75 days, i.e. made R150k, according to all their stats, and would be around halfway through the second cycle of 75 days. Assuming he put his 150k straight back in, by around the end of March, he would have only made R275k, unless he started using compound interest on his first term, in which case none of the money would actually be available to him at the moment. Which means he has made nothing, it's all still at risk, while he's happily grinning at numbers on a screen.

[SSS100]

True, and I can't believe one can claim to have made money if its still not in your position...either under your bed or bank
I mean, looking at the available money on Internet system that u can not control is not something to be certain of
As much as I did join that program, I'm very realistic about the possibilities open to such types

[Dave A]

Assuming he put his 150k straight back in,

And that, my friends, is the really scary part in all this. If you put your money back in, have you made a single cent yet?
Just like at the casino, you haven't actually won any money until you cash your chips and walk out the door!

Even if you just put back in your original R100k in this scenario and keep your R50k "earnings", you've still got R50k of your money at risk during the second 75 days.
Break even is only at 150 days.
You'll be up 50% after 225 days.

Even the days count is a little unclear. I see Mondays don't count. Do the weekend days not count too?

Smoke and mirrors, folks. Don't be suckers.