passiveloan.com

Here's what it says on the passiveloan.com website:

Welcome to our fast growing community of people who wish to help each other rise and achieve their dreams with a use of an advanced loan allocation platform. The platform's main goal is to generate indefinite & fixed stable profits for every lender by distributing the immature 'seed' funds (principal) to support the oldest (matured) loans in queue. We offer a give and take relationship that requires you to contribute 'seed' your loan principal for just 20 days after which you'll break even and in return your loan will get matured and provide you with additional 10 days of pure 56% profit. Every loan cycle lasts 30 calendar days from which only the last 10 are considered as mature loan returns and will result in a total of 156% monthly return! To profit on a loan you're required to wait (seed) for 20 days while we extract inflow from external demand in order to support the oldest lenders in queue. When you place a loan your principal is absorbed into the pool but you'll still get 5.2% back daily while the rest of it gets allocated. The meaning of our website derived from 2 words: 'Passive' and 'Loan' which represent a vision to create a sustainable and self efficient P2P loan platform. PassiveLoan is about getting a passive stream of profit fueled by the ever growing demand for P2P lending. We also allow to make money online by spreading the word amongst friends. Passive Loan mediation service is a by-product of evolution, originated from the oldest fundamentals of our financial society. That's to help one another to extract future time resource in the present, in order for both to increase profitability and expand. Today we are very pleased to announce the exciting and long anticipated opening of PassiveLoan.com, a truly passive P2P online lending platform. This money making service is a product of long term experience, team work, research and refinements in the ever growing field of loans and capital allocation. We provide an all-inclusive, easy-to-use interface where you can generate and observe daily earnings from loans placed with us. There are none similar to PL, we can work indefinitely, preserving all account values, so basically it can't be distracted, at worst slowed down only to rise again at times of demand. We are preparing for the final testing stage of the 'PL Platform' and the 'SmartDebt Software' for pool capital allocations. All recent stress tests indicate that we can host ~100,000 lenders for the next 10 months without any upgrades to the current setup. Incorporation of the company as an online entity for future representation is currently in progress now. As of beginning of this December all account tech' elements were integrated and tested for heavy load. In addition we've put two sys-admins in charge for security protocols, communications and encryption.