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Here is my review of the new HourlyRevShare (HRS) program. The www.hourlyrevshare.net web site is shown by the Internet Corporation for Assigned Names and Numbers (ICANN) as being set up by ENOM, Inc. It currently shows three different hosting sites in Coventry, England; Texas, USA; and Lucerne, Switzerland. The web site was created on 1/30/2013 and is set to expire on 1/30/2014 (1 year). Anelie Steinway (from Germany) is shown as the program owner and administrator. She states that she has 5 years experience in Forex and commodities trading, and is now wanting to venture into the online advertisement business.
What is HourlyRevShare (HRS)? It is a marketing company that offers its members the opportunity to advertise their sites by listing them on the HRS site rotator and members are paid a fixed percentage hourly revenue per share, depending on the plan they buy. Each share generates fixed hourly return from HRS's total revenue pool, with all revenue pool earnings coming from new affiliate purchases and program owner Forex trading earnings.
How Does HRS Work? HRS sells its members $1 ad packs (minimum purchase is in 5 ad pack groups called shares) and you can advertise up to five of your websites on the HRS site. You earn hourly on each ad pack group (share) for 30 days, at which time it expires. 30% of your earnings must be used to purchase additional ad packs groups (shares) and 70% of your earnings can be withdrawn ($10 minimum withdraw limit). The program states that NO referrals are needed to earn hourly revenue sharing, making this a "passive" type program. Both deposits and withdraws are by SolidTrustPay, Liberty Reserve, Perfect Money, or EgoPay. The program offers three plans:
(1. Basic- Requiring a minimum of one share (5 ad packs, $5), with a maximum of 59 shares (295 ad packs, $295), each share (5 ad packs) are worth 1,000 ad credits. Each ad pack share earns 0.1875% per hour (4.5% daily or 135% monthly). Earn 6% on direct referral commissions and 3% to 1% on indirect referrals.
(2. Premium- Minimum of 60 shares (300 ad packs, $300), with a maximum of 199 shares (995 ad packs, $995), each share (5 ad packs) are worth 5,000 ad credits. Earns 0.2291% per hour (5.5% daily or 165% monthly). Earn 7% on direct referral commissions and 4% to 2% on indirect referrals.
(3. VIP- Minimum of 200 shares (1,000 ad packs, $1,000), with a maximum of 2,000 shares (10,000 ad packs, $10,000), each share (5 ad packs) are worth 10,000 ad credits. Earns 0.278% per hour (6.5% daily or 195% monthly). Earn 8% on direct referral commissions and 5% to 3% on indirect referrals.
Here is an example on how the basic plan works. Assume that a member purchased $100 worth of ad packs (20 shares) under HRS basic plan, they would be paid $0.1875 every hour or $135 for 30 days (35% ROI). $40.50 (30%) would be used to purchase additional ad packs and $94.50 (70%) could be withdrawn.
My Opinion.... I like that fact that it is a "passive" program and that the owner is so well trusted, but I do see some RED flags about this program. One, the fact that it is shown as being hosted on three different servers in three different countries. Also if the owner is expecting the program to last, why is it the web URL is shown to expire in only one year?
I do not see how the earnings from the owners Forex trading will be able to cover all the affiliates daily revenue sharing earnings. I have been in the Forex trading market for years and even the best, most experience, Forex traders only average between 25% to 35% ROI per month. How can she expect to guarantee between 35% to 110% ROI per month (when you include referral commissions) in Forex profits?
This means that a large part of the affiliate earnings (daily revenue sharing and commissions) will need to come from new referral purchases or re-purchases. So what happens when new people stop joining, existing affiliates start withdrawing their earnings, and the owner's Forex earnings will not cover the affiliates withdraws? The program closes down.
My advise to you is if you are planning to join HourlyRevShare or have already joined this program and have "seed" money in it, is to first work on withdrawing your "seed" money first. That way you only have the program "house" money that you could lose when the program fails in the future. Of course if you had put in $100 and have no referrals, this will take you approximately 3 months at $35 a month to get your "seed" money back.
Just My Opinion,
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