Closure of 110daily

The blocking/locking of many e-golds account has hit both admins and investors hard. One of them is 110daily which ranks within my top few favourites.

According to the admin, E-Gold has repeatedly blocked his account.

The situation is very difficult. Finally, E-gold can’t be USED for 110Daily.com NEVER! E-gold account is blocked again.

Here is officially E-gold answer (placed as is) :

———-
The block will not be removed. Your account was blocked under our
Right of
Association clause in the account user agreement. Quoting from the
e-gold
Account User Agreement:

http://www.e-gold.com/unsecure/terms.htm

— begin quote

4.6. Right of Association

Issuer reserves the right to refuse service to particular individuals
or
entities, at its sole discretion, with or without cause.

— end quote

Additional words from Admin

Additional : http://e-gold.com/unsecure/alert.html . I this this is THE END. 110Daily.com script doesn’t support other payments processors. I think all other HYIP and AUTOSURFs programs will have BIG problems soon with E-gold.

I’m very sorry, you trusted me your funds, you trusted me! Please, understand NOW any steps can’t RETURN 110Daily.com to STABLE work. Why?

History :

1. After huge DDoS attack 110Daily.com been offline several days.
2. I bought the Dedicated Server and DDoS shield with my OWN money aprox US$1200 . Dedicated Server = US$100.00 (installation) + US$100.00 per month. DDoS shield = US$500.00 (installation) + US$500.00 per month. I USE MY OWN MONEY!
3. After 110Daily.com back and start working again until the E-gold blocked our first account.
4. Our Forex traders also reported about similar problems with E-gold. One trader go out of business with part of 110Daily.com capital and with own capital.
5. Other 2 traders still working until their NEW E-gold accounts blocked too. They out of business too.
6. I transfered some of my own money aprox US$1478 to keep 110Daily.com .
7. 110Daily.com lost positive trend. Lost of trust of new and the existing members.
8. To keep 110Daily.com I used 50/50 rule.
9. E-gold continue closing all our accounts again and again.
10. At this moment 110Daily.com can’t RETURN to normal work.

Today I start the REFUND process. I’ll send all existing E-gold funds and some my OWN funds which I prepared to pay for hosting.

Once again, I’m VERY sorry! You can tell me : scammer, cheater … maybe, but I lost a lot of OWN money, a lot of time too. Sorry.

P. S. If you have E-gold funds in other HYIP and AUTOSURFs program I recommend to withdraw funds to other Payments processor.

Thanks.

Best regards,
110Daily.com Admin
http://www.110daily.com

Although there are many who are skeptics of 110daily admin, I believe his honesty. When the website is down due to DDOS attack, he tries to be online most of the time to assure investors. Eventually the website is back and every one receive their payout. Alas due to E-Gold, the program has to close down. This is another setback to the HYIP industry. Honest admin is hard to come by nowadays. Nevertheless, I hope potential admins can emulate the honesty of 110daily admin.

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