| ID | Type | Amount | | Date | |
| 4344450 | fee | 3.00 $ | PerfectMoney USD | 05/01/2010 | The commission charge for withdrawal of $ 11 |
This paper is devoted to explaining the measures internally to which our company is to reduce the totally unnecessary costs that result from careless actions of many investors. In this article we have tried to explain the peculiarities of working with a view to each investor understand the situation.2. The new business model and cost optimization.Our company is active in the market arbitrage situations have a very long time and we are like no other we know all the features work with the bookmaker.
Recently, we are actively attracting investments to increase our profits and to provide investors with opportunities to profitably invest their savings.
As you know, almost every bookmaker's office charges a fee for withdrawals, each payment system charges a fee for the transfer, each bank will charge a commission and a number of brokers charge an interest for work performed. Initially, we calculated (and this is stated on our home page) that the overhead required 20%. But these calculations were made taking into account the fact that the main body of the payments will not vary in the range from 0.05 USD to 5 USD. In addition to the size of the commission as a percentage, each party (betting shops, banks, exchange offices, etc.) has a minimum commission. To put this as an example we can consider the wire transfer: when you send 100 USD and 10000 USD commission would be approximately the same. Accordingly, if operated with large sums, the amount of expenditure in respect of interest will be less.
We have also produced a situation where the output is typed sum, insufficient to ensure minimum cost in percentage terms. Accordingly, the costs do not fit in 20%. If we delay in payments for 3-4 days this may lead to discontent among investors. In addition, many people who act in the interests of illegal investment funds operating under the scheme ponzi. These people use any sitatsiyu and through forums only to incite discontent in order to attract investment in an investment fund for which they operate. This is easily seen by looking at the signatures of these people.
So ultimately we have more costs because of the people who daily seek the very small amounts for the withdrawal. Introduced earlier measure, recommending that show no less than 5 USD did not take any action, investors have seemed not to hear. For some time we have rejected all requests of less than 5 USD to wean investors to make small daily requests for withdrawal. But this led to what we began to receive threats in his address because of the fact that someone can not bring such 0.05 USD. This is absurd, but nevertheless it is true.
We have considered several options to address the current sitatsii expenditure. One of the proposed solutions was to increase the deduction for expenses from 20% to 35%. In turn, this would result in a decrease of profit for all investors. But we need to understand that costs in excess of standards arose because only 1 category of investors that make very fine conclusions. That is, we rejected that decision, as they found the decision unfair to other investors.
We also considered the possibility of payment of these expenses from the profit of the company. But this option was also rejected, because we are a legally operating company rather than an investment fund under the scheme ponzi, which can promise everything to the investor. Our company must develop and implement a development we can only at the expense of its own profits.
Acting in the interests of all investors, we have introduced a fee for each output. This measure will be absolutely invisible to investors, who invested more than USD 100 and ask for the payment of 2-3 times a month.
Investors who have a small contribution, and make daily requests for withdrawal, we recommend you to update your account to a size not less than 100 USD and invest in 42 days. Through these investments we will be able to earn the money necessary to compensate for already incurred costs in excess of the norm.
We hope for understanding the data internally measures.
Sincerely,
International Corporation Sportarbs
Part 1. The current business model.
As you know, our company for almost a year, offers investors a unique opportunity to profitably and safely invest their money. But as it turned out, not all investors are satisfied with such a wonderful opportunity. The explanation of this fact only one thing - greed. That greed has driven many investors to resort to non-transparent schemes of work that are detrimental to the company and fair to investors.
We always try to explain to investors all the details of our company because we believe that the transparent scheme of work is an essential attribute of online business. But, unfortunately, the level of knowledge of each person is different, so we wrote this article is extremely detailed, so that everyone understood how greed can hurt.
The business model on which we are working for almost a year, includes satisfaction of the interests of all groups of investors, from beginners to serious people. If you look at this business model the eyes of investors, it mostly involves:
- instantaneous activation of the deposit;
- instant enrollment referral fees;
- payment of money not later than 24 hours after the request.
To this the aforementioned business model works is not enough to want it. Have you ever wondered previously about these questions:
- As a company SportArbs can instantly activate the contribution and within hours to charge a profit?
- How can I pay a referral fee immediately after the contribution of visiting rights if the company has not yet benefited from the contribution of this man?
- How to pay money for such a short time? But what about the fact that betting companies are bringing the money 5-7 days?
To ensure that the three items listed above, we had to make enormous efforts to develop software that controls the amount of funds involved in the bookmakers and financial resources necessary to transfer to investors. That is, we use the effective allocation of funds between electronic purses and bookmakers. At the same time, the company pays to investors of their profits.
The simplest example: In the bookmakers involved 1 million USD (this amount includes 600 thousand investors' funds, and 400 thousand owned company). The bills in the electronic currency is 100 thousand USD, which is not involved in the work and are used for quick withdrawal of money to investors on request. Although these 100 thousand electronic currency on a daily basis we accrue earnings. Due to the 400 thousand-owned companies, bookmakers offset the money that we accrue to investors as profit (for those 100 thousand that lie in the electronic payment system).
The aforementioned software is governed by such amounts as 600 thousand, 400 thousand and 100 thousand as shown in the example. If the software is designed that is enough to have let's say 30 thousand USD in e-currency in the near future, it will send 70 thousand of bookmakers in the work.
If the contrary is required to increase the mass of e-currency, we derive some of the money from bookmakers in advance to avoid any delays in payments to investors.
Application of this business model was dictated by several factors, one of which is a hard-line competition for capital investment. Some companies use it for mutual benefit, and others for their own gain. At a time when various Ponzi-oriented projects are full of beautiful percent and deposit terms, it is very difficult to attract investors' attention to a real business works. At that time, we had to offer terms no worse to divert investors from Ponzi-oriented projects to serious business.
Now, when we came very close to 3 million USD, to trust us a lot of investors. Many of them understand that the company's success is first and foremost, and their success.
But, as noted earlier in this article, some investors are not satisfied with even that good opportunity is profitable to invest the money that we offer. They do not care about the company's success, greed is so pierced their hearts that this is a very sad fact.
Part 2. Causes of problems.
The problem lies in the fact that many investors on an ongoing basis open a further account using your referral link is to achieve the following objectives:
- Getting a 7% fee on the principal account for the contribution of additional;
- Getting a bonus, as a bonus in the main account is charged only 1 time.
The result of such actions on the part of investors is to increase the internal balance in their accounts. It turns out that the balance has increased, but not at the expense of real money (which would have worked). Therefore, these "surplus" in the balance needed to ensure the profits of the company (remember the example above).
We do not just use the term "greed" in this article. Many investors, with tens of thousands of dollars, squeezing every last penny tossing received remuneration to and fro.
March 8, 2010 in the hope that many investors simply do not understand what damage the company by such actions, we published a notice. Text of notification:
Dear investors!
Our company offers you a unique opportunity to safely and profitably invest. We are constantly developing and do not dwell on the progress made. But the development needs money.
We offer a very attractive affiliate program, which aims to attract new and interesting people. But many investors are abusing the affiliate program, thereby depriving the company of profits.
We inform you that from March 8, 2010 the abuse of the affiliate program would be a violation. Namely, a violation will be:
- Use your referral link to open an account himself the same and / or their relatives;
- preliminary agreement between the investor and have invited a guest to the withdrawal of funds, and typing to get a referral reward invited.
The penalty for these violations until entered. We believe that the majority of our investors are smart people, staring at the future rather than living day to day.
But if this notice will not stop the abuse of the referral program, we will introduce additional measures to protect the interests of the company.
But the effect of this notification is truly shocked us! Instead of the expected downturn, we have a sharp increase in opening additional accounts. We do not know how to explain it ...
The problem has become so widespread that we have committed funds from the Stabilization Fund, which in itself is a dangerous sign. Benefit Stabilization Fund has played a role. But it became obvious that both can not continue. After notification, on March 8, we were convinced that forbid something completely ineffective. Must be deprived of greedy investors sense to open additional accounts.
We decided to change the business model on which our company has worked for almost a year.
Part 3. The new business model.
The new business model will work as follows:
- Accepted money from the investor;
- Shipment is the money in the betting (investors expect 4-5 working days);
- Enable the investor as soon as the money comes in betting shops;
- Bet on arbitrage situations with a distance of not more than 42 days for the 42-day deposits, and with a distance of not more than 210 days for the 210-day plans;
- After the expiration of 42/210 days if the investor requests a withdrawal of money we derive money from bookmakers (the investor expects 10-12 days);
- Converting money to the investor.
Thus, there will be no much problems and simplify the work. But the main thing is that the violators will not make sense to open additional accounts, since the input / output of money on average will spend up to 3 weeks.
All investors change business models will affect the following:
- Activation of the contribution will take 4-5 working days;
- The withdrawal will take 10-12 working days and only for debit cards.
Debit cards are not virtual, it will be real cards with the logo of our company. With debit cards SportArbs you can withdraw cash at any nearest ATM supporting cards VISA / Mastercard.
Withdraw only debit cards dictated by several reasons:
- First of all, it is a requirement of the bank, which in turn influence the appropriate supervisory structures;
- We need to identify the real names of violators to continue to more closely relates to these individuals.
Part 4. "Pause."
Changing business models is impossible in conditions of intense work. We therefore decided to suspend that part of the work, which hinders reform: we have decided to temporarily suspend payments. All the money from the electronic bills on time, the reform we translate into bookmakers, because the business operates and generates income, namely:
- Powered global computer network to find arbitrage situations;
- In the bookmakers wagering on arbitration situations;
- Works customer service, which during the reform will require additional funding, because at this time would be a huge number of hits;
- Enhancements software SportArbs.com;
- Open our new Betlines.net.
All this involves a large number of people and stop all work no sense.
Investors at the time of reform can easily re-invest money in the account without any restriction and also as before profit. All profits ensured by 100%. After the reform, each investor will be able to withdraw money on a debit card SportArbs.
We plan to complete the reform by 10 May. Pay for a debit card and its delivery, you can with your inner balance in SportArbs.com immediately after the new website.
Part 5. Implications.
We understand that this situation effectively take advantage of Ponzi-oriented projects and will play on the weak nerves of some investors, through their agents. But it will not change anything, because we are able to respond to all obligations undertaken.
Our company always fulfills promises, which provides investors with:
- translate the website and providing support in 8 languages - done;
- video about our company and business - done;
- service arbitration situations Betlines.net - done;
- Training material - partially done and continue to do so;
- and much more.
So you can not even doubt that we will do everything as written in this article.
Then add more news on the project SportArbs. It seems they really make global changes that exclude small deposits and such "proveryalschikov" Tipo me:)
If you have questions, please!
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