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From the monthly archives:

May 2009

31/05/09. Interview with the admin of SigmaTral

by MONEY-news expert on May 31, 2009

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DON’T INVEST!

Hi all! I hope you’re all having a good weekend so far. Anyway today I’m pleased to have an interview with the admin of SigmaTral. His name is Trent Witsaman and I hope you will find this interview as interesting as I did. He certainly comes across to me as a highly professional man with some serious and well planned intentions for his program. Trent explains it all quite well but remember if you want further information on his program after reading this, obviously you can check his own program yourself, but also refer to my original review published here.

Before we start just let me give a brief reminder that SigmaTral is a long term low ROI investment program that offers you between 1% to 1.5% interest per day for 90 days, or alternatively between 10% and 12% interest paid weekly for 12 weeks. So let’s hear from Trent.

“1. Hi, please introduce yourself to the readers of MNO and tell us a bit about your own involvement in SigmaTral. Is this your first online venture? What other experience do you have in this Industry?

Good evening Paul and thank you for this interview. My name is Trent Witsaman, owner of SigmaTral. Being the owner of SigmaTral has given me many duties and so far everything has been operating smoothly. From 1990-2004 I worked as an Assistant Manager for a local bank by where I currently reside. While working there I received much beneficial knowledge. Then I was introduced by a co-worker (Meredith Malaga), whom is a partner of mine in SigmaTral, to a totally opposite investment opportunity; Foreign Exchange Market. She has successfully worked online with trading currencies and keeping a steady income. I will continue with question #2 with how we got started.

This is my first online venture. I have been a simple investor in many HYIPs. From that I have put together all the necessary details in making SigmaTral successful and continue on with 100% uptime. SigmaTral is still very young and from the start we have encountered no problems. Together with my partner, we will give you the best experience and secure place to invest.

2. Can you also give us some background history on SigmaTral? Why did you decide to open your own program and what are you expecting to achieve by this? Are you alone or do you have a business partner or assistant?

To continue from question #1, once Meredith kept earning a steady weekly income with our reserve funds, we decided together to also give this amazing opportunity to all our welcomed members. We have now planned SigmaTral for a little over 6 months. The idea came along when we wanted to incorporate our knowledge into something magnificent. With our big plans we strive to become big. Our main goal we wish to achieve is one thing, for our investors to gain wealth and have security with SigmaTral. Meredith and I work great together. Our team though has 3 people in it, as Meredith has her assistant for trading (Rex Flemming).

3. I don’t think I’ve ever asked an admin this before but what exactly does the name SigmaTral mean? Just out of personal curiosity.

SigmaTral was picked for its uniqueness. Together our team thought for weeks about something that would give our members a name that can’t be forgotten! Finally, after weeks of pondering, Meredith came to me with this idea. SIGMATRAL. So there is no meaning to the name but this was our plan. We didn’t want something boring and that you would get confused with another domain like most HYIPs. So with our unique name, how can you forget SigmaTral? Glad it got your attention.

4. What are the plans you are offering investors? What are the minimum and maximum amounts to spend? What payment processors are you currently dealing with? Are payouts automatic or do I need to request them?

We offer two investment options. There is our weekly plan and then there is our daily plan.

“Option A : 1.0% – 1.5% For 90 Days” – Daily Payouts and Principal Returned.

“Option B : 10% -12% Weekly In 12 Weeks” – Weekly Payouts and Principal Returned.

Investment Amount for “Option A” Minimum $5 and Maximum $50,000

$5.00 – 1000.00 :: 1.00%
$1001.00 – 10,000 :: 1.25%
$10,001.00 – 50,000 :: 1.50%

Investment Amount for “Option A” Minimum $10 and Maximum $50,000

$10.00 – 2500.00 :: 10.00%
$2501.00 – 10,000 :: 11.00%
$10,001.00 – 50,000 :: 12.00%

We are pleased to offer you a vast range of Payment Processors. They include: SolidTrustPay, AlertPay, StrictPay, LibertyReserve, PerfectMoney and are currently deciding on incorporating EcuMoney. Payouts are done manually. Once you deposit you will start earning depending on your plan. If you deposited in the daily plan then you will see your earnings 24 hours after you deposit. Once it is in your account earnings, you can withdraw them anytime. This is the same for our weekly plan, except payout withdraws are done 1 week after deposit.

5. Are the rates of interest you offer realistic? How long do you think it can be sustained?

Yes. Our rates have been set exactly for the reason they will let us bring in more money from our trading to successfully maintain a stable income/payout ratio. They can honestly be sustained for many years if the trading continues to bring a profit weekly. If one week we lose or break even, it will be no problem. We have a reserve account just for weeks like that. If there was any fear about sustaining these rates, you will be updated about it promptly and changes would then be made. But I don’t see this happening.

6. What about the security of the SigmaTral website? What steps have you taken to protect both yourselves and members from things like malicious hackers or identity theft? What about spyware and anti virus protection? Who is your hosting provider? Are you on a dedicated server and how protected are you from DdoS attacks?

Our site is very well secured; we have decided to give this area major attention for both our members support and ours. We are being hosted by KODDOS with a full Dedicated Server and SSL protection. DdoS attacks should not be a problem to worry about, according to their support. They have protection on their Staminus server up to 700MBs.

Apart from the host we are also setup on the GoldCoders Script (Licensed). Our programmer is highly familiar with this script, so with his recommendation and our approval, he added additional protective measures from any known backdoors.

As for our computers with the latest Anti-Virus and Spyware, we have installed recommended software too. Updated daily too of course.

7. What advertising strategy have you been using to promote SigmaTral to date? How big a role have existing members played in this promotion? Are you satisfied with the level of growth so far?

We started out by contacting you! We were honored to have you introduce SigmaTral in the forums and giving us such a great review. Along with the monitoring advertising for a month and the current banner on your blog, we have advertised well with you. Then into the forums we started out by advertising with DreamTeamMoney. We purchased their May Madness package and went on for 7 days. We have seen many members promoting in various surfs and monitors, which is always greatly appreciated. In a week or so we are looking into buying some ads with MoneyMakerGroup.

The level of growth has made us very happy as well. The ratio of members to active members is amazing. Over half our members have invested and already started earning. This is only a good sign and with our rates we planned to start growing more and more over time to show our stability and support.

8. What can you tell us about the success of the program overall so far? Are you pleased with the level of growth to date? Can you give us any statistics on the amount of members and the total amount deposited? What are your expectations over the coming months? How do you plan to develop and improve in a very competitive business?

Yes, as mentioned above, our success is amazing. Overall we are very pleased with how everything is running. For now we would prefer to not disclose our members information to the public. But I can tell you that we are very pleased. For the upcoming months we have some very high hopes. We will work more in advertising and gaining new members. We have been working a lot on some future ideas and maybe soon some of them will be introduced. We will update you when we decide on what we would like to incorporate.

9. What kind of customer service and support do you offer to investors? What are the most effective ways of getting in contact with you if I have questions or problems? Do you have live chat support? How often is that available?

We have a few options. First you can visit our “Online Support” page to find two options: Live support and our ticket support. We try to have our Live support operator online about 10 hours daily. If you happen to visit when they are offline, you can use the form and send in a ticket and will be answered promptly. Or you can directly send us an email to: support@sigmatral.com

10. What can you tell us about your outside business and trading activities? How are you funding the interest payments to members and is it possible for anybody joining to independently verify this?

Currently SigmaTral isn’t a company right now, but we hope to become one in the future. Our team is internationally based so we decided to open as an investor group instead of a company at the start. At this time our trading activities are mainly focused on ForEx (about 75% of our trading activity) and the best advantages with ForEx is it can be traded from anywhere and everywhere. The rest of our activities are focused with offline investments and for now we are advised not to make public.

11. This is a highly competitive industry and SigmaTral is a new name trying to stand up against some very popular well established and proven programs. How are you coping with this challenge? What would you tell the casual investor are the advantages of getting into SigmaTral instead of any other?

As those well established programs have themselves proven, it all comes down to time. With time, we will show you that we are well secured and will grow to be proven as well. It’s the member’s choice now, but getting in early will only benefit them for future earnings and bring them more profits. If any investors have any questions or concerns, all inquiries are welcomed. Please contact us anytime. As with our rates, always look into stability and safety. As personal experience from me being a simple investor, I’ve seen many lose in high ROI programs and then the wise continue to move ahead in stable plans like we offer. Hopefully in a few months we can join your proven programs list.

12. What are the future plans for SigmaTral? How are you planning to help the program’s future growth and development into a major player in the online investment arena?

We have many ideas and opportunities coming up we are researching more. For now, we intend to help out by purchasing more ads over various forums and sites. If you notice many of the biggest HYIPs have the biggest advertising. We will take this into consideration and begin our journey as well.

One thing is we intend is upgrading our support forum with a professional ticketing system. When this is ready we will let you know in a newsletter.

13. And finally, what is your opinion of the online HYIP industry in general? Would you like to share any of your own experiences, good and bad, with the readers of MNO? Not as an admin, but as (I assume) an investor yourself or as an observer.

Great question. I think the HYIP arena has its obvious scams and some fishy admins. But with careful research and everything the HYIP industry has to offer, it could be very safe. Among many things you need to consider are payment processors, design, script, host (dedicated) and many other details. As long as all this research is done, you could be sure to find many good HYIPs. Observing all this is something I have noticed over the couple years that I have been watching and investing.

Thank you Paul for this great interview, it is appreciated. Also welcome all new members and hope to talk to you all soon. By the way, great blog and job well done.”

Thanks a lot to Trent for that but also thanks for taking such a serious and forthright approach, which is always appreciated when we are talking about the investors and their right to certain expectations from any online program. As I mentioned in my review the program SigmaTral itself is above average but the success now depends on how well it is managed. And the evidence so far all points to one thing. SigmaTral has been well researched before ever being launched and so far has been managed by a man who quite clearly knows what he is doing and has a clear and long term plan for the future of his program which is ultimately beneficial to the members as well.

By way of a slight distraction from this, it’s been an otherwise quiet day on the news front but if I may just incorporate the main story today into the interview (sorry for the hi-jack Trent!) it’s the latest breakdown in LibertyReserve. One reader asked me about it last night but at that time I was already in my account so didn’t realize there was a problem. Account holders are currently unable to access their member’s area and at the moment no information is available from LibertyReserve as to the cause or the duration of the problem. I’ll keep you informed right here as usual of course as the situation develops. But anyway if I can relate this news story back to SigmaTral it’s that programs like this one being managed by an admin with the skill and the foresight to not make his program overly dependent on one single payment processor will be less affected by occurrences such as this. I am of course aware that despite the availability of several different options LR remains a popular option so this will prove a stiff test to any new program, but I expect the damage, if any, to SigmaTral from this will be negligible.

That’s all for today guys, enjoy the rest of your weekend and I’ll be back tomorrow with all the latest from the industry. See you then!

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30/05/09. BlazeInvest Review and Other News

by MONEY-news expert on May 30, 2009

THIS PROGRAM IS DELAYING PAYOUTS! PLEASE DON’T INVEST NOW!

Hi, guys! Today I decided to review an autosurf program. I think it’s the time of the year when they could return in their classic way – being stable and long-term ventures and last for very many cycles. I saw a couple of interesting programs in this field lately and I must admit that probably we will see a lot of interesting surfing programs in the near future as well.

One of these promising programs is definitely BlazeInvest. It just launched yesterday but already you can feel some great potential from it. Of course, if the program will be successful or not will be determined by how the admin will handle the problems that may arise on the way. However members’ support is also a crucial factor when it comes to autosurfs as we know of many examples of many good programs that were easily destroyed by hit-n-runners joining in the very beginning with great amounts of money and emptying the program’s reserves. I hope this will not be the fate of BlazeInvest and the program will become successful and prosperous in the long run.

But enough introductions. Let’s start our review of BlazeInvest with what you really want to hear: the investment plans. The first and the most traditional Surf plan you can see when entering the site is 12% for 10 days for surfing 12 sites daily. I think 120% paid on expiry after 10 days of surfing is a very sustainable plan which can make the program a long-lasting one.

But that’s not all. If you don’t like surfing for some reason there is another plan on offer for you in BlazeInvest. And it will actually pay you daily 5% for 30 days (150% in total) which will be credited to your account every 24 hours and which you should request to be paid. Remember that the minimum to request is $1 and no withdrawal fee is charged. This second plan therefore is called Non-Surf plan.

What plan you’re going to choose is totally your own choice and there are advantages and disadvantages to both. I’m just gonna say that in the Surf plan you will get less profit but you will actually be in profit earlier (in 12 days). On the other hand, by participating in Non-Surf plan you will start to recoup your principal daily but will be break-even only on the 21st day. After that you will be in pure profit which will reach 50% at the end. So it’s totally your choice as I couldn’t make a decision by myself and upgraded in both plans. We will see how it will all go but I have been paid already today in the Non-Surf plan.

By the way, the minimum to deposit in both plans is $5 and the maximum is set to $10K for Surf plan and $5K for Non-Surf plan. One of the things I like about BlazeInvest is also the ability to make your deposit using any of the processors accepted. There is a rather rich choice offered by the admin and BlazeInvest accepts AlertPay, SolidTrustPay, StrictPay, LibertyReserve and PerfectMoney. As we know such diversity will give the program a better chance for success and I believe it’s coming.

There are more features that I liked about BlazeInvest. Starting with a beautiful layout and comprehensive texts and finishing with a dedicated server with DDoS-protection and the always reliable Neversay script which should familiar to most readers who ever participated in autosurfs.

So, in a nutshell BlazeInvest is a very decent program with a big potential but how it will be released totally depends on the admin of the program and of course of the investors support. Of course you should always remember that by joining BlazeInvest you’re buying mostly advertising and a chance to earn daily rebates so treat it as a very promising investment opportunity but don’t invest money you can’t afford to lose. Good luck to you if you join and to BlazeInvest program which has a good chance to become a very successful autosurf program this summer.

Other news for today.

For the news section today I decided to start with some very important news from StrictPay payment processor. If you, like me, have been a client of this wonderful payment processor for some time you might have noticed that StrictPay had some serious problems with their debit card provider lately which forced them to disable the withdrawal option via debit cards temporarily. The majority of clients have understood their issue and have been patiently waiting for the situation to be resolved. And so last night I received a long-awaited update from StrictPay regarding debit cards. In a nutshell, the old cards will be disabled and you should call the number on the back of your card and cancel it. But the good thing is that the new cards will be dispatched to all old StrictPay debit card holders with absolutely no additional cost. Within the next 1-2 months the new cards will be sent and the members will be updated accordingly. Well, that’s what I call a professional approach and evidence that StrictPay will definitely stay one of the main rivals to such established payment processor names like SolidTrustPay and AlertPay in the future. And as we know from such healthy competition all the online investors only win. I suggest you to have one account in StrictPay if you haven’t done it yet just for diversification but remember that you can use it properly only after the verification process is completed. Here is the full update from StrictPay for your attention if you haven’t received it yet:
“StrictPay Customers, We have been working with our current debit card provider for awhile concerning the details of their ownership change, and we just cannot come to an agreement on certain terms and details. Our goal during this whole process has been to keep most aspects as close to the way they have been as possible, but we just cannot go forward with the new ownership after hearing all the changes that will occur.
The good news is that the entire time we have been dealing with the situation with the current provider, we have also been working on finding a new provider that we think will work well for our customers. We have found a new debit card provider that we are very excited about, and have signed a contract with them so they can begin moving forward on issuing new cards to all current debit card holders. We have placed an initial order of cards that will replace all current cards at no cost to the customer, as well as giving all current card holders a brand new 2 years until the cards will expire. The new cards will be brand name Visa, and we will be sharing other details very soon with everyone. At this time we are suggesting that everyone call the customer service number on their current StrictPay debit cards and cancel them as you will no longer be able to load them using funds from your StrictPay account.
At this time the new card order has been placed, and the new provider assures us that they can have new cards to our existing card holding customers within 4 to 6 weeks. We apologize for the inconvenience this has been for everyone while we were solving this issue, and we appreciate your patience during this entire process. We will also be updating everyone soon with all the details such as loading times, fees, etc. concerning the new debit card program.”

Edward Brown is stalking me again. I don’t know what’s wrong with the guy that he can’t leave me alone. Is he in love with me, lol? The next crazy thing he’s doing is to keep paying me although I didn’t make any request and actually I never even checked my account in his program since yesterday events. As a matter of fact I no longer even monitor his program which makes it all the more bizarre. So I decided it was a mistake and tried to return the payment to him with a short note in the memo field. But the most amusing thing is that after I returned the payment and told that I hadn’t requested it he paid me back again. Can you imagine how mad you should be to pay me even though I stopped monitoring him and stopped requesting any payments? I’m not going to give him back the payments over and over again as it would be the stupidest thing I’ve ever done. Instead of that you should know that if his program collapses soon because of bad accounting or over payments (and it will surely happen soon if he continues with that kind of stupid behavior) you can contact me and I will refund you all the money I have already received and probably will be receiving from his program despite of my unwillingness to take it. Please also provide me with your info that will confirm that you were scammed by Edward Brown and I will try to help you out by sharing the money out between you. I think it will be fair for everybody since he doesn’t want to give the unclaimed money in my account to charity as I suggested he do.
And by the way, I made two screenshots of his last almost schizophrenic outburst/reply which I told you about yesterday. He made a number of serious allegations against a number of people (yes, I was one of them) accusing them of some very serious crimes including tax evasion and blackmail. I made a polite inquiry as to the source of this information and suggested he pass it over to the authorities, as is his legal obligation, if it was genuine. This was his reaction. If you want to amuse yourselves you can take a look here and here just to realize how crazy he is. Read it and then ask yourself, seriously, is this an acceptable reaction (to anything!) from a man claiming to be a married father in his mid-thirties. The man that wrote these very same words would have you believe that it is a good idea to invest an unlimited amount of money with him. Do you agree? But please be warned that these links contain strong language and might not be suitable for children. I sincerely hope this will be my last post about this clown. Urgently in need of professional help I would say.

The admin of the above reviewed program BlazeInvest Cole just sent a welcome mass email to all the members of his program today and promised that the so called blazer contest would begin on Monday. I’m very intrigued about what it could be and of course I will report you all the details about the contest after it’s launched:
“I want to officially welcome everyone once again and appreciate you all for your wonderful support, we have had awesome members and we are proud of every blaze investor.
I would like to inform members that our first blazer contest would begin by Monday and we hope every member would take hold of this great earning opportunity, also I would like everyone to know that all payment request has been processed, free members should blaze up thier account and take opportunity of blazing with other members.
Thanks again and enjoy your membership with BlazeInvest.”

The admin of TheDollarDiggers Thomas is making the final preparations to the Grand launch of his program with a different and unique concept on Monday. And all indicates that he has quite serious intentions to make his program not just different but also memorable for investors. So let’s hope he will be able to achieve everything he planned for TheDollarDiggers. I wish him and his program every success and remind you that you will be able to read my full review of his program straight after the launch. Don’t miss it out as it will be a very interesting review for sure. Here is the latest important update from the admin:
“I was about to take some sleep but I decided to get this done so it will be up and running on Monday, June 1st when TDD will be fully launched.
I contacted my hosting provider and asked them to move TDD to a dedicated server with DDOS protection and SSL Encryption. They told me that the latest for them to make it up and running is Sunday. Also I extended the domain registration of TDD to another year. The transfer will not affect TDD and no downtime will happen as what my provider told me and assured me.
This is to let everyone know that TDD is here to stay. We will be the first hybrid Autosurf program that offers multiple earning avenues to members. Then maybe in the near future we will have 3SC automated and incorporated into the script. I am actually discussing this to Neversay. And will give more updates once we come up with a conclusion if it is possible or not.
Everything is getting ready for the Full launch. So please let your friends knows about us and let them join the fun we are having with TDD 3SC.”

I think that’s all the news for today. This Saturday was a quiet day as usual and not much happened. So to close I would like to report the list of programs that paid me for the last 24 hours. They are: AsianInvestGroup, XagaEnterprise, LonixFinance, SilverLodge, LloydFunds, TheDollarDiggers, ForexExperts, GeniusFunds, UnitFX, NovalexFinance, EwoCapital, ElegantMoney, Fexity, GoldNuggetInvest, SteadyGrowthInvest, OrybFunds, SigmaTral, TraderSolid, Poplans, EnscoOffshore, Ivy-Castle and BlazeInvest (the first payment received). See you on my blog tomorrow with another review!

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29/05/09. Daily News from the Industry and the New Program Added

May 30, 2009

Hi, guys! Today I intended to publish an interview but unfortunately I haven’t received it yet from the admin whom I questioned so I guess I’ll have to postpone it till I get his reply. So tonight there’s just the regular news update for you.
It seems everything is settled up and ready for the [...]

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28/05/09. OrybFunds Review and Other News

May 28, 2009

THIS PROGRAM HAS STOPPED PAYING! PLEASE DON’T INVEST!
Hi guys! For those of you who read my news from yesterday’s post you may remember I said I joined a new HYIP-Surf hybrid program called OrybFunds. They proudly describe themselves as “a revolutionary HYIP and autosurf hybrid”. Anytime I hear that word an image of Leon Trotsky [...]

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27/05/09. XagaEnterprise Review and Other News

May 27, 2009

Hi everyone! As a long time player in this business both as an investor and a blogger I have seen countless programs come and go. Some good, some not so good. But I am always on the lookout for new ones and a huge number of them come my way every week. The majority of [...]

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26/05/09. What’s Really Happening with SilverLodge and Other News

May 26, 2009

Hi, everybody! It wasn’t my intention to devote so much space on my blog today to SilverLodge but I simply can’t ignore the latest update and am going to tell you what I honestly think about all this.
First of all I would like to reprint the response obviously sent as a reaction to yesterday’s post [...]

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