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GIGMutual Information

Posted On 2006-05-07 , 3:55 AM

GIGMutual is a HYIP mutual fund, it is a HYIP Pool, created and manage by members of the Goldentalk forum. GIG shortly states for GoldenTalk Investment Group. GIGMutual  not owned by an individual, a company or a specific corporate. GIG was set up by a few members of Goldentalk forum.

There are four members who run this fund :
  • Jorhyne : active member on at least 2 forums with balanced posts and some experience in HYIP/Ponzi playing.
  • Adfy is a moderator from GoldenTalk, he is a nice guy from Kuala Lumpur - Malaysia. I don't know much about him.
  • Nobshyip - Jude, the admin of NOBS Hyip Network - have good reputation on business network, and
  • PeterG is an experienced sceptic from GoldenTalk forum
I don't know much about them. If you really want to know any of the Management Group, you can go directly to the person.

Now, GIGMutual is not providing a way to make money directly. GIGMutual do not trade forex, stocks or anything. GIGMutual is a Private Group where the members pool their money and the pooled funds are placed in various programs.

Basically, GIGMutual does this :
  1. Pool members fund
  2. Invest in various approved programs
  3. when the profit are made, GIGMutual calculate the returns and provide the percentage of that particular month for the members.
  4. Payout will be made according to the amount invested and the percentage of returns for that month.
 
GIGMutual is open to any members of the goldentalk.com forum who have more than 10 posts. All members of GIG will have full access to the GIG portfolio.The portfolio list will be announced alongside the report for each month that passed.

The minimum investment in GIG is 10 units (1 unit=$10).
The current fees
2% for for each fund transfer
0% for every dividend payment
Expected returns are from %5-%30 per month

There is a website of the fund itself - http://gigmutual.com. Most of it is a restricted member's area, but there is also FAQ which you can check in case something is unclear.

you can read more information about  GIG here
 




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