In a recent post I made the argument that Online Investment programmes needed to tidy up their act and be more honest and open with potential investors.

In a somewhat similar vein Garrett, the Admin of PTV Partner has made clear some of his views on the world of online investing and ecurrency providers in particular. In an interview at Money-News-Online Garrett provided his thoughts on the progress of his own programme and what some of the plans are for the future.

It’s refreshing to see that this venture is laying down a standard for others to follow. Of course a successful programme like PTV Partner cannot rely upon one person alone and he took the time to introduce the various moderators, administration and IT support that is involved. From personal experience I know that both the forum and chat room are very active places and there is always someone available to answer your questions.

It’s clear that Garrett has clear plans for the future and this involves providing access to other banking facilities such as bank wires which is nearing completion. You can tell from the interview that he appears to be frustrated with payment processors in general and is working to make them more accountable and responsive to members.

He also mentioned that 70% of investments are in the Prestige Plan that pays 190% after 40 days (this includes the principal). I don’t think this is any big surprise as the stability of the programme provides greater confidence in the ability to deliver on the returns they promote. I assume that other investors are working their way up to when they can take advantage of the Prestige Plan or perhaps they are happy with the shorter timeframes and reduced returns.

One thing that Garrett was rightly cautious about was divulging too much about other investors involved and he did admit that his voice is altered when he broadcasts as he knows that being identifiable can bring its own problems. This is something of a two edged sword of course but in this particular instance I believe he is doing it for the right reasons.

As PTV Partner develops and matures I will be making plans to invest more significant amounts as I believe that there is a high degree of integrity surrounding this particular opportunity. Even so I wouldn’t put all my eggs in one basket as we have seen too many examples, and some very recent, where legitimate programmes failed for one reason or another.