I kind of suspected this for a while, and yet here it is, the moment comes to say goodbye to this wonderful investment program that has made me and others a decent profit and unlike similar programs did NOT run away with our money. I wish the Infinity-Shares team – Stijn, Christian and Steven – the best of luck with all their future ventures, and would also like to thank them for the terrific job they’ve done managing the program. Here is the official letter from them announcing the disbanding of this investment club.
The last couple of months, the activity of trading from ISFIC was rather low and now it is time to come to the conclusion that we must close the program. First of all, I want to state no money has been lost and that certainly is not the reason for closing, everyone will receive the amount of cash in their account balance or as shares back.
The low amount of activity and the resulting closure of ISFIC has much to do with the decreased interest and time for trading. Both Christianâ€™s and my schedule in real life has been so packed that there was barely time leftover to trade. The fact that my interests have moved over the last months from trading to other areaâ€™s, certainly did not help. There was only one conclusion left that could be made and that is closure.
I personally see ISFIC as a successful program, that ran good for 20 months with about 80% profit since the beginning, something not many online and offline ventures will repeat. More than 95% of our members are in good profits and that is what they will be paid out.
Now to arrange the practical side of this closure, I would like to ask everyone to sell their shares and withdraw their amount in the Cash Balance as soon as possible. I will process them all one by one, a timeframe will be given once I have an overview of the amount of cash needed. Special withdrawals can be asked by contacting me on Yahoo IM (leave a message) or by a support ticket. In case you won a contest prize, do send a support ticket including your name and the amount you want to withdraw, we will add the winnings to it.
The site of ISFIC will stay online till the end of January, then I will mail you all the address of a free hosted forum for those who still havenâ€™t made their withdrawals, their you will still have to opportunity to withdraw your cash.
I want to thank you all for being a part of this project and giving us the opportunity to make it work, we had a good run and I hope we proved that honest programs do exist, and you do can make profits online!
Our best wishes for 2008 and may your dreams come true!!
The ISFIC Team
Stijn, Christian and Steven
PS: Those of you that are interested in other future ventures of this team, can leave a support ticket or contact me on Yahoo IM