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15/11/08. GigaLido Review and Other News

Hi, guys! It seems that MegaLido is not working anymore and the program is definitely going down. But what GigaLido certainly did was to grab our attention. And in my opinion the admin did it well. But is GigaLido just a total copy of its successful predecessor or is there a bit more to it than meets the eye? Let’s take a closer look.

First off, the plan GigaLido offers is really the same. It’s 12% for 12 days (total 144%) with the payouts on expiry. You must surf 12 pages daily in order to get paid the full 144% on expiry. The minimum upgrade in GigaLido will cost you $6 and the maximum one $6,000. You can buy units in blocks of six. Four payment processors are currently accepted: LibertyReserve, SolidTrustPay, StrictPay and PerfectMoney. As the admin told me she is awaiting a verification process to be completed before adding AlertPay as well. The payouts are processed within 48 hours of expiry but since GigaLido is only 7 days online and doesn’t have too many members yet they are processed usually much faster.

Would you like to be able to upgrade using Bank wires instead of sometimes unreliable payment processors? The admin of GigaLido Denise will give you this opportunity for upgrades worth $600 (100 upgrade units) and up. You should contact the admin for more details. Your profits can be paid to you via Bank wire as well or to your e-currency of choice (allow up to 7 business days after expiry). So we can say that GigaLido is really the first autosurfing that utilizes the 12% for 12 days classic autosurf model with Bank wire deposits.

The other thing that the admin of GigaLido emphasizes about the originality of her project is the “3×3x3” or “even sums” feature. In my opinion, it has nothing to do with the originality but rather describes a really good strategy in maximizing your profits. In a nutshell you should upgrade your account in GigaLido dividing your main principal into three equal parts. For example, for maximizing effect you upgrade with $3K on the first days, $3K on the 7th day and another $3K on the 13th day after the expiry of your first upgrade and so on. This gradual upgrading will help you to keep your account active at any given time and maximize your profits as well. Though I don’t think it can’t be applied to other programs using the same 12×12 autosurfing model.

Anyway, GigaLido program is based on a Neversay script as are the majority of autosurf programs. The site is hosted on a dedicated Staminus server which is very good for handling expected growth of the program and should provide the necessary protection. My overall impression of the GigaLido site is also quite good, it’s growing steadily and the site has more than 300 members already. I’m sure the growth will increase after the first payouts are processed. I hope GigaLido will at least repeat the long and successful history of its near namesake.

Other news for today.

First off I would like to say a couple of words about MegaLido. I know that many of you are still hoping for a positive outcome to this ongoing process of “upgrading” the site. Some of you keep investing in MegaLido rejecting common sense and logic and still having blind faith in Michael. I would say that by not appearing on forums and not giving us any update the admin is acting like an experienced shrink. He’s playing on human emotions, giving us a slight glimmer of hope that maybe somehow the payouts will resume and MegaLido will continue. Well, in my opinion the damage is done and nothing can save MegaLido from imminent collapse. I would like to repeat again: please don’t invest in MegaLido. I still see people asking questions about a strategy there hoping that since selective payouts to STP were made yesterday it means that MegaLido is still alive. This will NOT happen! I’m sure of it! Unfortunately in this industry even giants like MegaLido will fall sooner or later. I wasn’t expecting it to come before Christmas but I’m sure that the enormous growth the program experienced for the last few days contributed to this coming collapse.

I would like to point out that I was wrong about the longevity of MegaLido and I admit that. But at least I’m telling the truth and not trying to cover up the problems MegaLido is experiencing at the moment and list it as a “Paying” program when obviously it isn’t. To my great surprise, some monitoring sites is still listing MegaLido as “Paying” and even on top of their recommended lists. What is that? The desire to lure unsuspecting victims into this scam program, simple greed for referral commissions or some kind of secret agreement with the admin to list it on top of their sites for as long as they can? I just can’t understand it! Or take a look at another website the admin of which is trying to take the “I told you so” approach and behave like a child by accusing everybody promoting MegaLido as a criminal, while at the same pushing another website with similar plans? Doesn’t that man realise that these sites offering 12% for 12 daily will not last forever and end sooner or later and you should always invest money at your own risk? In my opinion, it’s what I call hypocrisy and it’s not the way I chose for my blog.

I will not hide any truth from you and will not tell you lies just to increase my referral commissions. Take VolcanoInvest for instance. Yesterday two members of this program informed me that their accounts in the program were closed. In my opinion the fact that they were in profit is no excuse for the admin (read my interview with him here) and hopefully my rant here will prevent such incidents from happening in the future. I would like to add that I will keep VolcanoInvest as “Paying” status because all the members with closed accounts were in profit. And I would like to post the admin’s reply to one of my readers just to let you know what I’m talking about:
Let me inform you. Please, read carefully without emotions.
To earn profit we have financial team (consists of five FOREX traders with 3 year experience). Read about FOREX
here. Every trader manage funds of several VI accounts. Our personal funds too. So, when the member make a new big deposit we assign a FOREX trader to his VI account to trade funds on FOREX for profit.
Now about your situation.
Unfortunately on the this week one our trader has make fatal mistake during trading session on a FOREX market. As result he has lost big amount. He good man and good trader, but unfortunately life is life. We decided to give him a rest, bcoz the situation with his health is not good. At the moment we used our personal funds to stabilize the situation. Due to this, we can’t continue to manage your account at the moment. Please, understand it. We decided to close all your active investments.

So I would honestly recommend you not to reinvest in VolcanoInvest if you’re already in profit at this point or else you will risk your account to be closed as well. You can read more about VolcanoInvest in my review published here.

Now let’s get to the more positive news. The most problem-free program I can remember is definitely AggeroInvestment. The program has been running smoothly for more than two months and the admin Roger (interviewed here) is planning to go private at the end of November. I have absolutely no problem with payouts and if you like 8.5% for 15 days with payouts on expiry and like stability I would strongly advise you to join. Anyway, here’s the latest weekly newsletter that I received from Roger last night:
Another great week has passed! We are getting stronger as we approach being private. I am not going to take much of your time this week as there’s not really anything new to mention. The important thing is our site is doing phenomenal, and it is running as smooth as ever.
1. Many members have been submitting abuse reports about sites on our rotator that are either questionable, a site redirector/forwarder or a framebreaker. Reporting a questionable site is easy because you just click on the ‘Report Site’ link and it will send me an email so I can check it. But, catching a redirector or a framebreaker may be difficult because many times, they do not show their real domain names. To make it easier for you to report the site, we added a ‘Last Site Displayed’ option when you surf. If it forwards to another site then just log back in and surf again and the last site displayed will be shown, just report that site to us and we will take the appropriate action.
2. Our membership grew to more than 1100+ now. We saw some spike in membership the last couple of days. I am expecting to see many more people to join us as we approach Nov. 27. If you are having a great time with our site, share it with others so they may know too.
3. Regarding our privatization, I would like to share with you a question that was directed at me on one of our public forum threads, together with my reply.
Q: GOING PRIVATE ON NOV. 27th! THE FUTURE IS… NOW!
Is this a good thing? how then will funds continue to flow?
A: It is definitely a good thing if you are a member of this program. You will be well taken care of as I will dedicate my time helping out the current membership. Once everything works smoothly for everybody and the timing is right, we will open up the program again to the public. It could be ‘by invitation only’ so all new members have an upline that can explain to them how our program works, or if it’s feasible, we will have an open registration just like right now. Just imagine how much load will be taken off my shoulders if all new members just have to ask their sponsors if they have issues. I can focus more on our outside investments and payouts.
Speaking of outside investments, we do not need new funds to run our program. I earn enough profits on my investments to pay every single upgrade plus earnings a member makes on this program. Some might not believe it, or have doubts, that’s normal. I would too if I were in their shoes. Well, I just have to prove it to them when we open up again, and we are still here next year.
4. I ask the members, especially the new ones and the ones that haven’t done so, to please read the FAQ’s, I update it everytime with relevant answers to many of your questions. I love replying to your tickets but lately I am seeing so many of the same questions where the answers can be found in the FAQ’s. I hate it when I reply quoting the FAQ’s so I still take time to answer them personally.
That’s it for now! Watch out for the new contest I am cooking. We’re going to start it next week. Spend your weekends with less worries and more happiness and love. I know I will.

But the autosurf program that is the real success story is 8DailyForever (reviewed here). And if you’re not in this program that is paying 13% for 13 days with payouts on expiry and has been online since May 2008, then you’re missing out. The admin of 8DailyForever Susan is constantly updating the members about ongoing development of the program and the most recent update published concerned the payouts, upgrading the server and the Lucky 13 Plan. Read it carefully as it is what I would call “A Catalogue of Success”:
We are weathering the storm just fine, and though we’re still not 100% over the Ddos attacks, we are getting there. I’d like to thank you for your patience and support yesterday as BlockDdos and 8DF worked to resolve the issues.
And yes, if you missed your surfing yesterday because of the downtime (and most didn’t), you’ll be given a surf holiday !
MORE POWERFUL DEDICATED SERVER COMING !
I spent some time on Messenger last night with the admin of BlockDdos, and they have determined that we are now in need of a more powerful dedicated server due to the large influx of activity on our site, and this will be initiated as soon as possible. This is good news of course that after 6 months online we can now plan for our future development with confidence ! Are you excited folks? I am!!
PAYOUTS
I noticed that the admin database is running a little slowly this morning, so I’ve printed out a few pages of payouts to fulfill just in case we are “down” again. I am now completing the STP payouts I was unable to finish last night when the site was being worked on by BlockDdos, so no worries! All payouts to AP and LR were processed yesterday in spite of the ups and downs. Where there’s a will, there’s a way!!!
LUCKY 13…..our popular plans queen!
A few members are finding that the Lucky 13 is shorting them 1 day in surf earnings. There’s a simple reason for this! If your adpack was manually upgraded for any reason, occasionally , because of time differences, you were unable to surf the first day (because you may have been sleeping when I upgraded you!) Please note: the system is not at fault, and is entirely reliable! If you discover this happened to you, please send me a note: subject: “1 day short” and I will send the missed surf earnings to your account cash balance. No big deal, folks.
The big question: How long will our Lucky 13 be available ? Answer: We really don’t know. But as long as it continues to be the enormous hit its been these past few weeks, we’ll keep it!!
A reminder: Please ALWAYS include your member ID # when writing to us or when asking for support on the blogchat!
The 8DF CHALLENGE
More and more members are now taking up our challenge to help grow our membership to 10,000 by Christmas, and our banners are showing all over! There are still many more sites and forums to fly our flag folks , and it’s a great way to promote your own ref URL and to take advantage of our 8% commissions, so join our promo team and make hay while the sun shines. Please scroll down to the “Challenge” blog for full details.
THANKS TO ALL
It is indeed a privilege to work with such a wonderfully supportive and enthusiastic group of members, and YES…..8DF ROCKS…….because of YOU ! Thank you for being here.

The admin of the FastProfitSurf (read my interview here) that is currently occupying #1 on my list drew the results of another contest and rewarded the winners:
The best article contest is over now. Here are the winners: 1st place -user ID:1566, 2nd place -user ID: 398 and 3rd place -user ID: 189. They have already received their prizes. We’ll have an additional page starting from tomorrow where all 3 articles will be published for all of you to can read them. Also I’ll send them to some blogs if they will want to publish them. Thank you very much for taking part in this contest. Next week we’ll launch another contest. And many more will come.

SurfExchange is also a big success with more than 2000 members after 1 month online. To read the interview with the admin of SurfExchange please click this link. And here’s the latest update from him:
Today, we have fulfilled all cashout request on site. If you have been paid, ensure you post your comments. If you have any problem whatsover with our site, do not hesitate to contact us as soon as possible so that we can resolve this without delay.
We are near the 2000 member mark. When we hit this in a couple of hours from now, you will get a promo. This is also a part of our 1 month celebration excercise. We have come a long away and we can not afford to slide back. Yes, there are many bridges to cross but I assure you, together we will cross it and make great impact. You will be better for it because you will make money money.
Thanks you for making SurfExchange work
“.

The admin of Youmilex Edward sent out another update where he introducted StrictPay as their new payment processor. I remind you that Youmilex is paying you 125% after 10 days and uses autosurf Neversay script though no autosurfing is involved. To read more details about Youmilex please refer to my review published here. And here’s the latest update from the admin of Youmilex:
As we continue to provide our members a steady income opportunity we receive many e-mails asking to add StrictPay as another deposit option. After a thorough research we have come to a conclusion that this is a safe payment pocessor used by many people. So we have verified a StrictPay account and it has been added to our program as another accepted e-currency. The deposit fee for SP is 1%. Please take your time to vote for our program on forums and monitors after you get paid.

One very successful HYIP called URInvest (reviewed here) also added StrictPay recently to the list of their accepted payment processors. I would like to add that all the payouts from URInvest are being paid very fast and the admin is a really responsive type of a man which I certainly like. I hope the program will continue it’s smooth development and growth in the near future. Here’s the latest update from the admin of URInvest Paul:
As many of our users already know from various public investment related media resources, URInvest is striving not only to provide unique investment opportunities to its members, but also to provide extended flexibility for our user’s funds management and processing. To this end, in the upcoming weeks, we will be introducing an exchange services of extended capacity for our program participants. Members will be able to request their earnings via payment processing means of their choice for a very minimum, or zero exchange fees.
Toward achieving this goal, today, we would like to announce that URInvest has become one of the few VERIFIED merchants of rapidly gaining popularity payment processor StrictPay. StrictPay has some very unique features, which are a great addition to digital currency payment services provided by LibertyReserve, PerfectMoney and V-Money, which we all have been enjoying.
We would like to mention that at the time of this newsletter, automatic deposit option via StrictPay is not yet enabled, as it will require some programming work done, however, the deposit verification based option will be available shortly (check your password protected account area).
We also wanted to use this opportunity and to thank you once again for being URInvest member. We do know, you have many choices and we truly appreciate that you’ve made URInvest being one of them!!!

Some good news came recently to the members of LargeSum (reviewed here) – a program that has been online for more that two (!!!) years. I really like this program and if I don’t report about it on a daily basis it’s just because it’s running and paying so smoothly that there’s really nothing to report. Ok, from now on you will be able to make your deposits into LargeSum using not only LibertyReserve but also Bank wires. Isn’t it exciting? Anyway, here is the latest update from the admin:
Dear investors and partners! As we informed earlier we are now developing the anti-crisis solution that would allow our investors to make profit and earn a fortune in the most secured and guaranteed way. Analyzing the requests of our customers, we have decided to make it possible accepting the bankwire transfer as the deposit means for all groups of investors worldwide. It used to be open before for VIP investors. Starting from the following week, bankwire transfer will become available for the majority. Hope this feature would be useful and make our cooperation more pleasant and convenient both for us and our investors. The detailed information will become available the following week. In case you have any inquiries or questions regarding the bankwire opportunity, contact the Support Department. Best regards, LargeSum Team“.

Concluding today’s post I would like to report the programs that paid me recently: AggeroInvestment, SurfExchange, ResidualForexIncome, WSSavior, BrilloTrade, ANOI, 8DailyForever, HermisCapital, SummitReserve, W-MTFund, Commoditex, VolcanoInvest, NoRiskInvestment, FastProfitSurf, Frogress, GoldNuggetInvest, InoFund, Olympex-Group, MajorBarter, Tradelite, LargeSum, StabilitySurf, GigaLido, SafeAtom, URInvest, PanaMoney, MaxShare, BlueBorgartFunds, SilverInvest, EasyCash24, MutualForexFund, DailyProfitPond, FXOIC (the first payout has been received) and BestFXWorld (the first payout has been received). See you tomorrow, guys!

19 Comments so far

  1. Soph on November 15th, 2008
    Hi Paul, thank you for your honesty in evaluating Megalido.
    Concerning Aggeroinvestment, where I also invested, in your opinion, why is such a program going private and what are the advantages of it going private? thanks a lot (again, I am a newbie in this world so sorry if my questions may be naive)
  2. WildFangX on November 15th, 2008
    WildFangX reporting in.

    E-mail from Megalido came my way. Payment’s in 36 days, instead of 12. Sounds like Michael’s hedged on his promises.

    I doubt I might get back my USD 150 I invested via AlertPay, but at least I know that Megalido’s not going to be here much longer.

    On a side note, what have you found about Brillo?

    And there’s a few sites which came up through my affairs with Depacco - Solvent-Invest and EasyFinanceInvest. Anything you can tell me about those two? Didn’t find any info on those in your blog.

    WildFangX out.

  3. Sanka on November 15th, 2008
    Paul,

    Why do you say Megalido not working any longer. It is still up, only Michael has changed the payment term to earn 144% in 36 days instead of 12. I see you earned quite a bit in Referral commissions from Megalido and looks like you now want to do the same from Gigalido, while all those who followed you into Megalido now have to contend with waiting for their funds a while longer. I guess that’s just selfish human nature. You tout one site after another and rack up the referral commissions and then talk badly about another with out any concern for the followers of your advice blog.

  4. MONEY-news expert on November 16th, 2008
    Hi, Soph! Lol, it’s a good question you asked. But I really think you can find it in the AggeroInvestment newsletter that was published in the same post:

    Q: GOING PRIVATE ON NOV. 27th! THE FUTURE IS… NOW!
    Is this a good thing? how then will funds continue to flow?
    A: It is definitely a good thing if you are a member of this program. You will be well taken care of as I will dedicate my time helping out the current membership. Once everything works smoothly for everybody and the timing is right, we will open up the program again to the public. It could be ‘by invitation only’ so all new members have an upline that can explain to them how our program works, or if it’s feasible, we will have an open registration just like right now. Just imagine how much load will be taken off my shoulders if all new members just have to ask their sponsors if they have issues. I can focus more on our outside investments and payouts.

  5. MONEY-news expert on November 16th, 2008
    Hi, Sanka! I will not return MegaLido to Paying status until I’m sure that all the payouts are resumed. So far I can only see that the payouts are shown as being paid while they’re actually returned to members’ accounts. Do you know what happened yesterday after I requested my daily cashouts from MegaLido? All my withdrawal requests were shown as Paid. But they were not actually paid but returned to my MegaLido account as new investments. It is just simply ridiculous and if you think I will support MegaLido after that you must be stupid.

    I will NEVER tell you to invest in a dead program just for the sake of referral commissions. And yes, I DO care about the members of MegaLido and my readers that’s why MegaLido is on Waiting status on my monitoring page and I will NOT recommend to invest in it until the payouts are resumed and not only empty promises which are what we heard so far from the admin’s side.

    Anyway, we will wait and see but so far I can’t see any possible solution for MegaLido program rather than resume the payouts in the NEW plan. Sorry for being harsh but all this lack of communication from Michael’s side and empty-headed updates made me no choice but to react respectively and prevent the unsuspecting members from depositing in MegaLido.

    Best regards. Paul

  6. investor on November 17th, 2008
    Hi,

    Does anyone knows what is going on with Gigalido? Since 2 days it isn’t reachable. And what’s now with the lost of 2 surfing days. I think it was not our fault.

    Kind regards Khoi

  7. MONEY-news expert on November 17th, 2008
    Hi, investor! GigaLido was offline due to hosting problems. But they have moved to BlockDos already and everything seems to be ok now. Two days were announced as surfing holidays.

    Best regards. Paul

  8. Sharon Sandstrom on November 19th, 2008
    I am trying to find out what’s going on with these 2 programs. Do you have any info on them at all?
    I have not been paid by either, and have quite alot invested in both. Finofex (HYIP)has had me on pending status with Alertpay since the end of Oct. and MyTurn4Bux has disappeared. Thank you in advance for any info or insight you may be able to provide.
    Sharon Sandstrom
  9. bigbubbadude on November 24th, 2008
    If anyone has any detailed information on Megalido, especially as to where the operation is physically located and about the guy called Michael, we would appreciate an email at bigbubbadude@yahoo.com. The name Michael is probably an alias.

    Thanks,
    bigbubba

  10. Sharon Sandstrom on November 25th, 2008
    Does anyone have any info on this program? Also MYTURN4BUX AND FINOFEX. I’ve not been paid in any of the three. Would greatly appreciate any info or feedback. Thanks. Sharon
  11. Rogelio Garcia Vela on December 11th, 2008
    I never get paid from GIGALIDO. Bunch of scammers.
  12. Elaine Mable-Perkins on December 11th, 2008
    Hello Paul,

    I would like to know if you can tell me how I can get into my Gigalido site, since I have NOT been able to get in for over a week now.

    I also want to know if you believe the following sites are going to pay: Megalido, Gigalido, P2P (Pathway-2-Prosperity) Dollar Day Hits, 30D-Ads, Cashing-N-Surf and some of the other sites out there. I simply believe that most of these “fat cats” are just out to scam people and get money. I believe that just like ASD that got their assets attached, they need to pay their members or receive the same fate. NoOne should be allowed to take money from any member without due justice. I want to know if MyTurn4Bux is a scam.

    Thanks, Elaine

  13. Sharon Sandstrom on December 11th, 2008
    Elaine…forget MyTurn4Bux…I invested $100 and never saw a penny of it. This was about 2 months ago. Sharon
  14. Elaine Mable-Perkins on December 24th, 2008
    Dear Sharon & Rogelio,

    Thanks to you both for letting me know that Gigalido and MyTurn4Bux is a bunch of scammers, crooks, to name the proper name for them.

    I would like to know if I need to add additional sites to this list, like: Megaido & 8Daily4Ever?
    I have alot of money that they should have paid me, but is using the “silent treatment” and the current economy as a excuse for not taking care of their obligation to me as a member. I am sure the Admins who are ruthlessly promoting these scam and scandulous orgraniztions should be barred for being sources of reliable informaation. I would like any one of these admins to “prove to me” that they’re worth my time. I also hate when I ask someone by name to write me to let me know about sites and I get my answers from other members who was robbed as I was. I am happy to know that P2P came thru as a reliable site and I want to thank that Admin for proving to me that I can trust him.

    As for the others out there, I say they should have the SEC seize “our assets” and distribute them back to us, the members!

    Thanks again Sharon and Rogelio for your responses and have a Merry Christmas and Splendid New Year.

  15. Antonio on December 28th, 2008
    Man i think you should do some major updates to your site, we need some good fresh info thank you
  16. MONEY-news expert on December 29th, 2008
    Hi, Antonio! I update my blog on a daily basis. Please check out fresh updates for the respective dates.

    Best regards. Paul

  17. Elaine Mable-Perkins on December 30th, 2008
    I have still found no positive response as in regards the following sites: Gigalido, 8Dailyforeve and Megalido. Are all of these sites scammers or is there a way that I can get to them? As I mentioned previously, I just want what belongs to me, plain and simple! If you have any information, I sure would appreciate getting it.
    Thanks and have a Happy New Year-
  18. MONEY-news expert on December 30th, 2008
    Hi, Elaine! Sorry but I don’t know any additional information regarding those programs. You can dispute your transactions with payment processors if you were at a loss with those programs. They will definitely issue a refund to you if these programs have some funds left in their accounts.

    Happy New Year to you too!
    Best regards. Paul

  19. Elaine Mable-Perkins on January 1st, 2009
    Hi Paul,

    Thanks so much for the information as I will contact the processors as soon as possible. It is a shame that these programs can get away with theft for so long. I think that it is time that these programs have total accountability issued to them (by legal means and otherwise).

    Have a Great Weekend and Thanks for your Frank and Honest Comments!

    Truly,
    Elaine Mable-Perkins

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