Community Investors Mutual - Off-line Program

Posted: Tue Sep 19, 2006 3:46 pm

Community Investors Mutual, or CIM for short, is a private investment club whose goal is to offer an opportunity for people to own a share in a diversified portfolio of high yield investment programs in order to limit exposure in the very risky arena of HYIPs. CIM was formed to meet the demands of those individuals who have not had the opportunity of joining the memberships of various legitimate investment clubs or programs as these organizations closed their doors to new memberships. CIM is not owned by any one particular individual, company or legal entity but is a collective group of individuals who have pooled their resources into a club for the purpose of reducing the risk of investing in high income business enterprises or high yield investment programs. The club seeks to invest only in programs that have undergone close scrutiny and appropriate due diligence.

Community Investors Mutual is unlike any other pooled program in that it offers some unique features not available elsewhere. Among these are:

An ownership structure identical to an open end mutual fund such as the ones you find in the financial markets where each member’s proportionate interest in the fund is determined by the number of Members Participation Units (MPUs) he owns. This enables him to obtain instant information on the current value of his investment at any given date by simply multiplying the number of MPUs he owns by the current market price posted on this site.

No lock up periods on investments or maturity dates on MPU holdings. Members can buy and sell MPUs at any time. MPUs are bought and sold from and to the club at their posted current market value on the date the transaction is made.

No cut off dates for purchasing and selling MPUs, thus no cut off dates for participating in the profits of the club.

Quick withdrawals. The fund keeps a cash float to meet immediate withdrawals from sales or redemptions of MPUs. While this liquidity is a great benefit there may be some rare occasions when this privilege may be restricted. Please refer to FAQ section for more details.

Members invest in the fund not in any particular program within the fund. This affords lesser risk if any of the fund's portfolio components should deliver a losing month or even fail.

A Reserve Allowance is maintained to offset losses in the unlikely event that this should occur with any of its invested programs. The method of setting aside funds for the reserve account is another unique feature of CIM. See more information about this on the section RESERVE ALLOWANCE.

With an ownership structure identical to a mutual fund members’ ownership interests are in the form of Members Participation Units (MPUs) which are the equivalent of shares of stock in a corporation or publicly traded mutual fund. Members do not deposit money into the fund but buy MPUs instead. The value of each MPU is determined by the profitability of CIM from profits generated out of its investments in various programs. The current market price of the MPU is posted on this site together with historical data of past performance. This is the price at which one buys or sells MPUs.

Program is not accepting new members until further notice.

Posted: Tue Sep 19, 2006 3:47 pm

From Northern Calm

Quote:

The little guy, the average Joe, can have a pretty hard time breaking into the HYIP arena. Most undergo the school of hard knocks – in this case hard knocks means realizing that 99% of the crud out there is, well, crud. When eventually the barrier is broken and you start to realize that there are some legitimate things out there three things become apparent – many are closed, many have exorbitantly high minimums (in comparison to your average HYIP – they still fare very well compared to traditional investments), and there's not that many of them.

That last point, the fact that there's not that many of them, becomes all the harder to bear if you weren't able to get in before many of them have either gone private, or their minimum has gone into the stratosphere.

That's why today I'm bringing y'all a new opportunity. Cos, you know, I can. Especially for one who is just starting out or one who doesn't have much startup capital, it looks to be an excellent opportunity.

It is of course an investment pool. Known as CIM, Community Investors Mutual. For now, I'm not going to be going to much into the semantics and details of how it all works. Instead I will go through the steps I've taken to determine that CIM is a great opportunity for the little guy, and take an honest look at the process. The following information is not engineered to snap up a bunch of investors with lots of flash and promise of cash, but it is designed to pique interest for those of you who want a great opportunity and may have missed out on many of the great opps of the past (Feederfund for example, and the programs within. FF will not be opening for new members last I heard, despite the frequently swirling rumours.)

And CIM has a very pleasing minimum - $100. A ton. If I were starting out, and didn't have much to go with, CIM and FX-Experts would be high on my list. No guarantees of course, but they both have their strong points and allow an investor to start off with a diversified diversified portfolio! And yes, I just said diversified twice. It was on purpose. C'mon, believe me.

The admin – who wishes to remain somewhat unidentified for the general public, at least at a personal level – contacted me via PM through a forum, having enjoyed the way I present myself via my blog and posts, and wished for me to check into CIM. At first I wasn't really interested either way, thinking it was just some other dodgy anonymous online pool.

Although I will not identify the admin here, as he has asked me not too, he truly wants CIM to be the “Community” Investors Mutual (which I will get to more towards the end of the article. Trust me, it'll make sense.) I know this may irk some people somewhat, but for veterans of the community or keen investors who sort through forum posts and the like – the information is there. Just so y'all know. (Clue: It's not me. Seriously, that's not a red herring either – it's definitely not me, though as I will explain later I have adopted some minor duties in relation to CIM.)

The admin will be appearing throughout the forums and the like as CIMutual.

What piqued my interest in CIM was the fact that the admin followed up very quickly, and of his own volition sent me scans of all his personal documents. And I mean all – bank statement, driver's licence, power bill, gas bill (we've just got one bill for power, no gas bills or anything where I live, so whaddya know, I learnt something new) and his passport. I got to it eventually, and checked the documents. All the information corresponds. Unbeknown to most, I have fair IT qualifications and knowledge, both on the technical and creative side (though you couldn't tell from my lazy blog!) So I whipped out a few image editing tools and gave each of the documents the once over. I will not lie to you and say I made the most in-depth analysis ever, but there were no strange artefacts, mismatched colours, fonts or the like that I could see. All the information matched up, and the different photographs were of course all of the same person.

I'll take a moment here to point out that the admin is well spoken, well written and personable without bluster. His motivation with this definitely seems to be to help the community out as well – he has done quite well in life (no, he's not Bill Gates) and has just seen an opportunity to help out the little guy with some community spirit – an admirable trait..

So, for something that is a pretty small scale project, and quite discreet, to fake five pieces of identification to this level he would have had to have gone the hard yards on the identification for quite a long time, which just seems frivolous and unnecessary. There are much more effective ways to scam people! All you need is a pretty template for five bucks and an E-Gold account and away you go... Which is definitely not what he has done here.

I received these documents on the 13th of July, 2006.

The WHOIS checks out as well, as being owned by who the admin said it would be – a member of the family. The CIM admin stated in relation to this: “This is a temporary arrangement just to get the CIM project up and running without having to go through the entire process of registering a domain. Eventually I plan to establish a dedicated domain site for CIM.”

I was able to look up the admin's place of residence via a government based county assessors office, and indeed the identification all adds up. (So we all know where to go with burning pitchforks if he scams us, as I am entitled to reveal that information if such a thing were to happen. So he's putting himself out on the line, another positive I think which adds towards the legitimacy of it all.) (BTW, the pitchfork thing was a joke. Don't do it. It's not polite.)

At this point it also became apparent that CIM is pretty small scale, and is not registered as an offshore entity or anything of the like. “...my long term plans include setting up an offshore company”, was the admin's reply to this. He has been in communication with trusted members of the community to help guide him with this, but as I said at the moment CIM is basically the best kept little secret out there, and until the fundage grows somewhat, it's a moot point.

Hopefully Rabbit doesn't mind a mention and I was just using him to illustrate the admin has been in contact with other people then myself.

After some prodding from the admin as I was being lazy, I took the next step and requested screenshots of all the accounts through which the CIM pool was diversified, and asked to be able to log into an account to double-verify.

The admin promptly returned to me screenshots on the 18th of July, along with a table of his books. I crosschecked all the screenshots, of which there were many, including histories for where it was applicable. Once again, the images seemed to check out, and if they were edited someone had a LOT of time on there hands.

It was time for the next step. I had asked for login details to one of the accounts, and the admin agreed, however first he wanted a little more information about myself. Which was cool, because so far he'd laid a lot on the table putting trust in me, and I was still the epitomy of anonymity. So I replied with some details.

So on the 20th came an email with the holy grail – login credentials for one of the accounts. I requested the Feederfund login, as of course it has a lot of separate accounts within it. The question now is, would I steal the money and run, or report back to you loyal readers. The gripping conclusion in the next paragraph.

Of course, I did the honourable thing. What, you thought I was going to steal all of CIM's money? For shame. Everything checked out and lined up with the screenshots and numbers I had been provided. I asked him to change the password quickly after my login, to ensure continued security.

So, it was looking good. I'll take a little diversion to give some details and ask some questions some people might be thinking of.

The admin is “happily married with three grown children and two grandchildren. I have an accounting degree and am still currently working as the accountant and finance officer of a company... ...My experience in investments goes back some... ...years when in my early twenties I started dabbling in the stock markets. I eventually got very involved with trading in the stock market and later on moved on to commodities trading and the commodity futures market. I then invested heavily in mutual funds and this is how I learned a lot about the operations of mutual funds which is now serving me a lot of good in the way I have structured CIM. If you have any knowledge or some knowledge of how mutual funds operate, you will appreciate that CIM functions in exactly the same way. From mutual funds I moved on to stock options trading which I find to be quite a lucrative way of earning better returns than mutual funds and even safer than mutual funds. Contrary to what many believe, stock options can be a very safe method of investment depending on one’s trading methods and strategy. It can also be very risky for the aggressive traders.”

That was all from the admin himself, which I find interesting and relevant information (especially in the way he has structured CIM.). He stumbled into HYIPs a year ago now and has created CIM to help the little guy avoid the riff raff.

Contingency plans and the like have been considered. If anything is to happen to the admin, there is a person in place that he knows personally to liquidate all funds. “He is to liquidate all the holdings of the club and disburse all the monies to all the active members at the current MPU price at the time the club is closed. I have instructed him to pay everybody his due and I (or my heirs) should be paid last after all the club’s obligations have been satisfied.”

It might be worth noting at this point that the admin himself currently holds the largest amount of MPUs, following through on the community structure, and he is then of course more 'invested' in making the fund thrive. Pardon the pun.

I am in conversation with the admin as being a backup to the liquidator, in case anything should go wrong. I personally will not be considered the liquidator, but should have the details needed to enact such a secondary contingency plan.

Which brings us to my current relationship to CIM. Being in a position of knowledge about CIM and the inner workings, to an extent, and having been in thorough conversation with the admin, I have been 'appointed' some minor positions and duties in relation to the club.

I have many points of contact (phone numbers, email addresses, etc.) with the admin, as well as his address and much more above and beyond that. This is why I have taken the mantle of co-liquidator, or whatever you want to call it, in an extreme emergency. Although I will not be first in line, I will be able to follow up anything we need to know, and even enact disbursement of funds in the one in infinite-trillion chances that was necessary and the main liquidator was unable to complete such an act.

I have also been appointed 'communicator for the club.' Other people will also be communicating on behalf of the club, keeping with the communal nature of it all (this is good communal, not hippy-communal style stuff by the way.) I will not be going extreme on this duty and answering every email or query every ten seconds, but if you have a query and don't have another way of getting an answer, you can always throw me an email or ask me in the forums. I should be able to get you a direct pipeline to the man in charge, as well as a prompt answer.

The admin of CIM however has actively sought to create a community based mutual fund that you can help out with if you want. I offered to help out Gordon time after time and he'd say yes but not really understand or he'd answer a completely irrelevant question. With the right hands on deck and better communication and connection with his investors, Global Mutual could be swimming along a lot better right now.

CIM seems to understand this. I know these comparisons aren't exact but there are similarities. Requests are understood, and his finger is on the pulse of the community.

Now would be a good opportunity to disclose that the admin has issued me with 16 MPUs (the minimum basically) out of his own holdings. This will allow me to keep an eye on how the club actually works in action, rather than just be on the outside looking in. This was all done in the community spirit (the units coming from his own for example) as I most likely would not have invested, as I am in most of the programs already and was fortunate enough to be able to get into them when the opportunity arose.

I can make no guarantees, and if you're a vet and have a nice stash in most of these programs, there's not much point in being in CIM. However, it might still be worth putting a ton in. (A ton is a hundred bucks for those of you who are wondering what the hell I'm talking about.)

The only problem with the fund is trusting the admin. He is doing what he is saying he is doing, as far as I can tell, and I have all his details. I see no need or point for him to be using this as an extremely elaborate ruse.

“For right now the only guarantee I can offer the members is my good name, my experience, and the fact that you have all private and personal information about me. I believe this is more than what many funds out there are offering their members. As you well know, many of what we consider legitimate funds are one man operations just like me. Yet investors have put their trust on these programs only because they have apparently satisfied the due diligence done by some known personalities in the HYIP field. As I said above I am not opposed to have you or anyone act as a watchdog over CIM.”

Rating: 7.5/10.

Verdict: It is due to the fact that some of the vets might already be in these funds, and the fact that I can make no guarantees, that I award CIM a very healthy score, though not a perfect one of course. Add an extra point in six months when CIM has gained some community trust. It is the perfect entry point for the 'little guy' and I believe a great opportunity for us all.

The main problem I can see is with many members not personally being allowed to know the admin's details. Unfortunately I have no answer to this, and for now the admin wants his identity as CIM admin separate to anything else.

It's great to see something like this which encourages community. Anyone can take a part in the structure if they are determined and can prove themselves, and the admin himself will only be getting his main renumeration from his own investment in MPUs.

Posted: Tue Sep 19, 2006 3:56 pm

What methods of payment do you accept?

For now, e-gold is the only method of receiving and sending payments. Other methods will be explored later on.

Who owns Community Investors Mutual?

All the members of the club. There is no one particular individual, company, or legal entity that owns the assets of the club. Each member has an interest in the assets of the club in proportion to the number of MPUs he holds. This is similar to stockholders of a company who own an interest in the company in proportion to the shares of stock each one owns. The club is managed by an admin on a purely voluntary basis with no compensation. His reward for good management comes in the form of consistently increasing the unit price of the MPU which in turn increases his investment value in the fund.

Where do we find due diligence information on CIM?[/quote]
Please refer the above post originally by Northern Calm
[quote]As is the standard practice in the HYIP community, the admin would like to maintain his personal privacy and thus has elected to restrict his personal information to a select few.

How do I know how many MPUs I own?

All purchases and sales of MPU’s will be confirmed by email. The confirmation will state exactly how many MPUs you own after each completed transaction. A ledger of your account is maintained offline where all your transactions are recorded.

When do my investments start earning?

The minute you own an MPU. Please refer to the section DIVIDENDS/PROFITS.

Do I receive dividends on my MPUs?

No. The appreciation value of the MPU is your dividend. Please refer to the section DIVIDENDS/PROFITS.

What kind of returns or yield can I expect from my investment?

Investment returns will fluctuate according to the profits generated by each program in the club’s portfolio. Returns can easily be calculated by each member by comparing the current market price of the MPU against his average purchase price. The appreciation in MPU price is his rate of return or yield on his investment. It is envisioned that this may be anywhere from 7% to 12% monthly.

How do I deposit and withdraw my investments?

Members invest and withdraw their funds via the MPU. To invest, you purchase MPUs at the current market price posted on this site, and to withdraw you sell your MPUs to the club at the posted market price.

Can compounding be done and how?

With the system of holding MPUs as ownership interest in the club, compounding is automatic. All profits are transformed into the value of the MPU at the time these are received from each pool component and this process serves as the compounding function of members’ investments. This system is no different than owning stocks in say, Microsoft Corporation, where Microsoft's stock price is primarily influenced by the profitability of the company and the rising value of the stock represents the stockholder's compounded yield.

Do you have a referral program?

No. The club's primary goal is to make available those legitimate private and closed programs to people seeking high yield investments but can no longer join the closed programs. It's secondary goal is to provide an investment instrument to investors who wish to diversify widely yet are looking for a passive method of doing so. The objective is not to grow CIM into a large organization but to offer serious investors an opportunity of achieving returns that are much higher than one would get from the more conventional investments. It is not the club's intention to encourage membership on a large scale.

How do we contact you?

Via email, in the same manner as transacting business with the club. The email address can be found in the sign up or enrollment page.

Is there a cut-off date for purchasing and selling MPUs?

No. You may purchase and sell MPU’ at any time. The value of the transaction is determined by the current MPU price as posted on this site on that date multiplied by the number of MPUs being purchased or sold. Keep in mind that when selling MPUs the net amount to be credited to your e-gold account will be minus the 7% transaction fee.

Can I buy or sell MPUs from or to another club member?

No. MPUs can only be transacted directly with the club at the posted market price.

How is the MPU market price determined?

The MPU value is determined in exactly the same way that open-end public mutual funds determine their Net Asset Value or NAV. This is done by dividing the total net assets of the fund by the number of MPUs outstanding. Profits are transformed into MPU value by dividing the amount of profits received by the same number of outstanding MPUs on the date the profits are received. But you need not concern yourself with this process since this is done by the club.

Will the MPU value be influenced by purchases or sales of large blocks of MPUs?

No. Purchases and sales of MPUs, no matter how large, have no direct effect on the unit value of one MPU. No one can control the price of the MPU by purchase or sale of large blocks of MPUs. The only things that affect and influence the appreciation or depreciation of the price of each MPU are profits or losses from the club’s investment portfolio. In the event that losses are incurred the Reserve Allowance will be used to cushion the negative effect on the value of the MPU.

The club hypes quick withdrawals. Can I withdraw as much as I want with no limitations?

The club maintains a cash float to meet immediate withdrawals from sales of MPUs. This cash level is kept in liquid state at the club's e-gold accounts and at other non interest bearing deposits. Consequently, it is not good business policy to keep this cash at a high level since it does not generate income for the club. If there is a sudden spurt in MPU redemptions by members and there is not enough cash to meet the demand, the club will liquidate some of its portfolio holdings to meet its cash obligations. In this instance it may take a while for the club to convert the invested funds into cash and pay out the liquidated MPUs. Or, in extreme cases the club may impose a temporary maximum limit on withdrawals till things return to normal.

How is the Reserve Allowance determined?

The club maintains a Reserve Allowance in the event that losses from its investments should occur. The Reserve Allowance functions in similar fashion to an Allowance for Bad Debts that most businesses maintain or similar to a Depreciation Allowance on businesses with capital equipment. The Reserve Allowance is funded from the club’s profits. The funding is not a fixed monthly rate. The amount set aside is determined by a careful study of each program in the club’s portfolio and, by looking for possible weaknesses in the program, an appropriate amount is set aside for the purpose. A review of all the portfolio’s components is done on a regular basis and the reserve allowance is adjusted according to the needs of the moment.

Unlike other investment clubs that actually set aside money as their reserve funds and keep this in a separate low yielding investment instrument, CIM’s Reserve Allowance remain in the club’s investment portfolio and continues to earn whatever high yields the portfolio generates. How this is done is proprietary information but rest assured there is an allowance that can absorb losses to the maximum level of the Reserve Allowance.

Posted: Tue Sep 19, 2006 3:56 pm

CIM - Partial Portfolio

Some of the programs that CIM invests the pooled funds:

FeederFund - and various FF approved programs
NSFG - see THE LIST
(2) private programs - already in our list of private offerings
FX-Experts - also part of THE LIST
Udachu Diversified Fund - closed to new members
Udachu Invest - closed on July 25th 2006 to new members
Joyfund - see THE LIST
There are more, but I prefer not to post them here, fearing that some of us may jump to conclusions that it is safe to palce funds there. We will check the other programs and once we are satisfied, we ill edit this list, and perhaps add some more programs to our lists as well.

As you can see, our lists almost match with the exception of Udachu. Perhaps, CIM admin is privy to information not avaialble to you or I.

Posted: Tue Sep 19, 2006 3:57 pm

MINIMUM INVESTMENT

The minimum investment to join the club is USD100 worth of MPUs. If the current market price of one MPU is USD6.00 one must purchase 16.67 MPUs to join the club. Additional subsequent purchases may be made at any time and in any amount providing it is not less than one (1) whole unit of MPU. For the time being there is a maximum limit of USD5,000 in order not to have more funds than can be invested. Selling MPUs back to the club can be done at any time with no minimums or maximums.

DIVIDENDS/PROFITS

The club’s income or profits are reflected directly on the price of the MPU. There are no profits or dividend distributions to members since these are intrinsic in the MPU value. Profits will show as appreciation values in MPU prices. For instance, if you originally purchased 16.67 MPUs at US$6.00 per MPU your total invested capital is $100.02. If at the end of one month the MPU price has risen to $6.54, your investment has grown to US$109.02 for a profit of US$9.02 or 9%. If you wish to withdraw this profit of $9.02 you need to sell some of your MPU holdings. In this case you will need to sell 1.38 MPUs at the current price of $6.54 (1.38 MPUs x $6.54 = $9.02). Or you may wish to compound your profits by continuing to hold them for further MPU price appreciation.

The club will immediately transform and add all profits and income received from it’s portfolio to the value of the MPU on the same day it is received and this shall be its current market value on that date as posted on this site.

FEES

There are no fees on purchases of MPUs. There is a 7% fee on all MPU sales or liquidations. There are no other charges imposed on members.

Please note the 7% fee does not go into the admin’s pocket but goes to the club’s kitty. It is revenue to the club and helps pay for the club’s expenses for its maintenance and upkeep. Any excess revenues generated by the 7% fees become profits to the club and serves to enhance the unit price of the MPU.

Posted: Tue Sep 19, 2006 3:58 pm

MPU PRICE TODAY______________________6.860 (as of 9/19)

MPU HISTORICAL PRICES

MARCH- - - - - - - - 4.570

APRIL- - - - - - - - - 4.926

MAY- - - - - - - - - - 5.409

JUNE - - - - - - - - - -5.852

JULY- - - - - - - - - - 6.294

AUGUST- - - - - - - 6.811

Target monthly ROI - 8 - 12%

Posted: Tue Sep 19, 2006 3:59 pm

TERMS AND CONDITIONS – USER AGREEMENT

Upon becoming a member of Community Investors Mutual you agree that you are entering into a legally binding contract as outlined in this entire user agreement. You further agree that you fully understand the meaning of all the conditions listed below which form part of this entire document.

1. All transactions with CIM are private business transactions between you and the club, and are exempt from the U.S. Securities act of 1933 and all amendments thereof, the securities exchange act of 1934 and the investment company act of 1940 and the rules and regulations thereof, and any other similar acts from any other jurisdiction. CIM is not registered with any recognized body as a financial advisor or dealer in securities as per the investment advisors act of 1940 or any other similar act from any other jurisdiction.

2. Community Investors Mutual is a private investment club and is not open to the general public. The club is not a licensed securities broker, nor a licensed bank or security exchange and does not offer or sell securities. The Members Participation Units that members purchase and own is merely a membership interest and is a measure of the extent of the member’s participation in the assets of the club.

3. You acknowledge and agree under penalty of perjury that you are at least 18 years of age and are acting as an individual and not on behalf of any other individual or entity.

4.You declare that you are not a member, agent, informant, or employee of any kind of investigative, law enforcement, media, news, postal service or any other governmental agencies within any country.

5. You acknowledge that you are fully aware of the risks involved in participating as a contributing member of the club and you are aware that there are no guarantees that the club will consistently generate profits at all times. You acknowledge that you are aware that the club’s portfolio consists of placements in high yield investment programs which carry higher risks than one would expect from more conventional investments. The club maintains a Reserve Allowance for potential losses and will try to maintain the allowance at a level that could absorb a sizeable loss should this occur. But in the event of a major financial catastrophe where several of the portfolio components suddenly cease operations there will not be enough reserve to cover the loses entirely. In such a situation the MPU value may decrease significantly.

7. You agree to provide true, accurate, current and complete information about yourself as requested in the sign up forms, particularly your e-currency account information. We are not responsible for lost payments if you have submitted an incorrect account number. Please keep your personal information current and accurate at all times.

8. You agree not to discuss in any public forums or web sites any information regarding our site(s) and services. This includes advertising and public solicitations of any kind. Violation of this rule will remove you immediately from the club without any recourse. You may however, extend private invitations to personal friends and relatives.

9. You agree that CIM may update and change its terms and conditions and notify its members by posting the updated version in its web site.

10. CIM reserves the right to take legal action against any member who may cause damage to CIM in any manner whatsoever. This legal action will be taken in the country of residence or domicile of the member or before any other competent authority and, in all cases Maritime Law shall remain exclusively applicable.

11. You agree to indemnify and hold CIM and its affiliates, officers, directors, club members, and employees harmless from any claim, action, demand, loss, or damages (including attorneys' fees) made or incurred by any third party arising out of or relating to your use of any of the services of the club.

12. Your membership may be placed on hold or terminated at any time if CIM determines you are not in compliance with any of the terms listed on this site. If your membership is terminated you will be paid the value of your MPU holdings at the current market price at the time of termination.

PRIVACY POLICY

Community Investors Mutual aims to provide the best customer service to its membership. In so doing it must collect and keep certain personal information. CIM does not and will not disclose, sell or share with any third party any private information collected from its members.

Posted: Tue Sep 19, 2006 4:05 pm

Please note that although this is an off-line program for security purposes. They do have a website. Once we receive the following information, we will direct you to the web-site so that you can complete the registration process.

How to join?

Send a Pm to levaz with the following information:
[quote]
1. The first line of your email must contain a statement that says:
"I have read, understood and agree to abide with all the Terms and Conditions of Community Investors Mutual as published".
2. Country
3. email address to use for communication and ID with CIM
4. Preferred username for use with the program (8 - 10 characters)
5. USD amount (plus 3%) you are sending and number of MPUs you are purchasing (minimum USD100 worth at current MPU price) plus 3% purchase fee. Example: USD100 plus 3% = USD103

I will verify that all the information required is filled correctly, and will then direct you to the correct program email along with the spend link.

You will then have to add the following two bits of information"
6. Your E-gold Account Number
7. E-gold batch number of your remittance

Upon receipt of your payment and emailed personal information, CIM will confirm the number of MPUs you purchased and your acceptance as a member of the club. Please allow 48 hours for confirmation before you send a follow up email.

Please make sure you include your name or email address in the memo section of the e-gold payment form

Posted: Sat Feb 03, 2007 2:25 pm

CIM is winding down after the losses at the hands of PIU. The unit value has been further depreciated to reflect this loss.

Quote:

MONTHLY REPORT JANUARY 2007

Dear members,

It’s very difficult for me to send you this report when I have nothing positive to report. Although I am sure most, if not all of you, understand the present predicament in the HYIP industry it is still very sad for an administrator to have to report negative news to its membership. As you all saw in my report of last December things have been sliding from bad to worse in this field.

The latest fall that had a significant negative impact on our MPU value was that of PIU. We had quite a bit of money tied up with them and this is now lost for good as they so blatantly indicated in their bankruptcy report. This write off resulted in our MPU price dropping down to a low of $4.913. I am now moving to start closing our positions with the remaining programs and hopefully we will not see any more program closures till we have liquidated all positions. It will take time to liquidate our remaining positions as most have locked in periods. I hope that while in the process of doing so these programs will continue to generate profits and pay interests thereby possibly increasing our MPU price in this closure process.

As always I thank you very much for your patience and understanding during these trying times.

Admin

Community Investors Mutual

It looks like those that joined at the very beginning can expect a small profit on their investment. Those that joined later in the year 2006 will be looking at a 30% reduction in their capital.

Levaz

Moderator Joined: 19 Sep 2006 Posts: 226

GOODBYE TO CIM. THIS PROGRAM (CLUB) IS NOW CLOSED.

Quote:

Dear members:

It’s not easy to write this email and be the bearer of bad news. With much regret I have to announce the demise of our club and I’m sure many of you have been expecting this news in the face of what has been happening in the high-yield investment world. With most of you following the industry there is not much I need to do by way of explanation as to the reasons behind the closure of our club. As of the end of May all the investment programs where we had funds have either gone away or have announced a total shutdown of their operations. The last of our meager funds were parceled out in the most equitable manner to the few investors who requested redemptions in the last few weeks.

Thank you all for your support in the past and I wish you good tidings.

Admin

Posted: Tue Jun 05, 2007 12:03 am

Another one bites the dust.

Now, this gentleman supposedly met with the movers and shakers of each of the programs.

Levaz