No, not at all. In fact, I think it was a noble effort, with clear intent to create a path that professional users on the site would WANT to sign up for.
All the program was about was giving an IRP a few extra tools to post their disclaimer and give them the ability to LEGALLY post the required (in every post) disclaimer about the stocks they were being compensated to promote.
What it turned into was an opportunity to attack several of the morons that signed up for the IRP program -- by other professionals AND non-professional users.
Why, you may ask? Because some of them did really stupid stuff. Like:
- Most were putting incomplete disclosures in their user profiles.
- Some were lying about compensation.
- Some were USING their profiles to market their "services" to others.
- Some were posting their personal information, making it easy for someone to stalk them in the real world.
The bottom line is that the sunshine was waaay to much for people in the program to take, and made them all easy targets when their promotions failed, and when they ended (and their pet stocks tanked).
ADD to all that, iHub made it CLEAR that the IRP program is no "Good Housekeeping Seal" that makes some user somehow "legitimate." In fact, they went OUT OF THEIR WAY to point out all it was: A few extra profile pages and a one-click disclosure.
That's it.
And that's all it STILL is.
If you are hoping for some kind of Premium IRP program with a concomitant golden seal of professionalism, I think you are dreaming.
iHub isn't going to do background checks or make value judgements on who is or isn't a sleazy promoter, and average promoter, or a investment relations professional. No way.
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