Hi, if you are an investor in Geniusfunds, and after all the publicity of the BC case that could potential deem Genius Funds as Scam, I have received an email claiming they have a new weekly plan for VIP investors. Here are the details.

My name is Michalis Constandines and I am your new account manager. Your account has been upgraded to premium status and it is my pleasure to invite you to participate in an excellent investment opportunity offered by invitation only, to a limited number of Genius clients.

We are introducing WBMF Select fund which will consist of three share types:

WBMF Select 1: $2000 - $25,000
WBMF Select 2: $25,001 - $50,000
WBMF Select 3: $50,001 +

The minimum investment into this fund is $2000. The investment must be a new deposit and not be proceeds of share sales or profits generated by your current investment. There are no minimum or maximum reinvestment requirements for this fund.

There is no no-sale term for this fund, however, sales of shares within the first 30 days of investment will be subject to 25% early sale penalty. There will be no penalty or fee for sales of shares after the 30 day period following the initial investment.

I have enabled access to this fund for you. You may purchase shares of WBMF Select from your Genius account portal. The dividend rates paid on shares on this fund are fixed at the following values:

WBMF Select 1: 10.2% per week
WBMF Select 2: 11.6% per week
WBMF Select 3: 12.3% per week

Dividends are paid every Monday. The first dividend will be paid on the first Monday after the purchase of shares.

The formal offer is attached hereto in PDF format. If you have any questions, don't hesitate to e-mail me at any time.

However, after this email, I received another shortly, saying they have by mistake sent this email to the wrong person. Seems they are only interested in some investors... Hopefully, these new plans for members quafied will spur more positively about this investment, or is it a decoy until April 7?

I am sorry, but the invitation in my previous message was sent to your e-mail address by mistake. The fund in the message is not yet marketed to our investors and you have not been offered to invest in it. I will notify you again if and when the offer to invest in this fund will be made to you.

Sincerely Yours,
Michalis Constandines
Premium Account Manager
Genius Investments Limited

Nonetheless, the road for GeniusFunds is definitely uncertain, but having them as scam would be devestating news for this industry, and all the investors, which I estimate millions of dollars.