18/11/2009. RigidPay Review and Other News
BEWARE! THIS PROGRAM IS PAYING SELECTIVELY!
Hi everyone! Another busy day for MNO today with so much to get through I’m back to making multiple posts per day again. So for the last piece of the evening I have all the usual news stories of course, but also I want to take another look at a program I first mentioned here on Monday last. It’s called RigidPay and it’s a brand new short term HYIP that I am quite enthusiastic about.
Why so? Well when it comes to short term HYIPs sometimes you really do need to make snap judgments as to whether something is going to be a hit or not. Too many things are completely unpredictable of course, with the main ones being the ability and the real intentions (good or otherwise) of the admin. All anybody can honestly assess is a program’s potential. We’ll see in due course if I’m right about this particular one or not but my first impressions are of a competent admin with a good deal of experience and one who knows how to run a good program right from the very start. RigidPay are I think starting from day one as they mean to continue as the finished article and a program that can generate some good profits for those smart enough to join at the right time.
The investment plans are all pretty straight forward and uncomplicated as we might expect from the better short term programs. If anything they are just that little bit more rewarding than the average program of this type. That can add to the risk, no doubt about that, but in the hands of the right admin it can also be used to fuel a higher interest among the general investing public over a longer period and maybe contribute to keeping RigidPay online a little longer than programs with similar plans.
So to start with there are three investment plans and all of them pay you only on expiry. They also have the same ceiling of $24,000 as a maximum investment. The first one opens with a minimum deposit of $10 and runs for a term of 4 days. The payment on expiry will be of 114%. So for a $100 deposit that will be $14 profit plus your principal, which isn’t at all bad for just 4 days.
The next plan will cost you a minimum deposit of $100 to join, but if that is affordable to you then the return is 131%. In other words make the minimum deposit here and receive $31 profit on expiry in a payment that will also return your principal as well. The investment term for this option runs for 8 days.
And finally the third plan will cost you at least $500 to join. Now I know that’s a lot of money but it’s not an outrageous number either, certainly not compared to some investment programs that have plans costing literally thousands of dollars to join. The return on expiry here will be 170%. So if we take the minimum allowed $500 as an example the payment you will get will be for $850, including principal. The term runs for 16 days, and there is no denying that for 170% it’s a big risk. But that’s the nature of the business that we chose and if you want the money then that’s the risk you have to take to get it. I personally think RigidPay will be OK for at least a couple of cycles, but don’t mistake opinions for guarantees here either, ok?
The payment options are quite good for a short term program with most of the popular choices available. AlertPay, LibertyReserve, PerfectMoney, and StrictPay are all welcome. Is it just me or has anybody else noticed that SolidTrustPay is starting to be accepted less and less by new programs at the moment? RigidPay had intended to add STP to the list, and indeed they still might, but the admin has told me that due to unforeseen delays in the verification process that seems to be on hold for the moment. The name does appear in their advertising banners you see but not on the actual website just yet. By all means feel free to wait if STP is your processor of choice but given the sense of shall we say urgency that often surrounds profiting from short term programs in this business you may wish to at least consider using a different method to join just this once. Though they might yet pop up. All I can really say is that it’s out of the admin’s hands. Oh, and by the way, there’s also a little “profit calculator” for you to use so you can see how much you can expect to make from your deposit.
The other thing I wanted to say about the plans is that for deposits of $500 and more you will be given a one time introductory bonus of $50 added to your account, so that will make it a little more affordable to you. Not to mention sweeter! And remember that if you are depositing $500 then you don’t have to put it in the longest running plan. You can put it anywhere you like.
The RigidPay website itself looks really well. An excellent layout and is very professionally designed. Easy to read, easy to navigate, and also available in a variety of languages including English, French, German, and Spanish. Unfortunately it’s just an online auto translation tool so it won’t be the correct text exactly, typically these versions are littered with mistakes in fact (sometimes unintentionally hilarious!), but at least it’s enough to give the general idea about what RigidPay is all about. The admin seems to be taking it pretty seriously overall though and I think a lot of investors will too. The script is licensed from GoldCoders and they are hosted on a dedicated Staminus server with protection from DDoS attacks provided by DdoSWiz. And as if that wasn’t enough the RigidPay website is available on no less than five different domains so if one goes down there are four mirror sites available. Downtime, if it ever happens, will be to a minimum here.
For customer support and services you can contact RigidPay through the usual method of an online support ticket submission form, but also through Live Chat if you need your question answered in real time by a live operator. Contact the admin for a schedule when joining so you know when the best time of day to use this feature is. They provide a postal address in the USA. Tennessee to be exact, though speaking from experience I tend to doubt very much that this is anything other than a “virtual” managed workspace providing office facilities on a temporary basis for anyone in occasional need of them. Call it misleading if you want to, but strictly speaking there is nothing wrong with the practice by itself. Thousands of small businesses use such facilities, and HYIPs like RigidPay are just taking advantage.
And finally there is their business activities. Well the home page contains a full page of cryptic text about some unknown investments but nothing in the way of actual information. This is followed by a copy/pasted page from another online information source (several of them in fact) with information on the ForEx market. In short, nothing you need to dwell on. Long term readers will know my feelings about these claims by now and just so I don’t sound somehow prejudiced against RigidPay, I say the same thing about all the claims made by online HYIPs. To be ignored, but also to be expected. I’d prefer to see HYIP admins in general (not just this one) make the same effort with other aspects of their programs, but there you go.
To sum it all up though in as few words as possible, RigidPay is a good prospect with good potential. It won’t run forever, so don’t wait around forever. If you’re going to join at all then do it early to maximize your chances. If you don’t find them suitable or are just not prepared to take a calculated risk in order to earn a profit, then there are many many other options open to you too.
Other news for today.
There was another minor issue with GoldNuggetInvest (reviewed here) that will apply to all SolidTrustPay deposit holders and to all those whose withdrawal requests to SolidTrustPay are currently pending for longer than usual. It appears that the new “Currency Exchange” feature in the new GNI script that offered a possibility to instantly exchange your e-currency to any other one with a 4% fee caused some problems with re-distributing the funds available for withdrawals. In a nutshell, the program now has more funds in one e-currency than it needs while can’t exchange large amounts as to supply the members that requested cashouts to other processors. Of course, it doesn’t mean that GNI is having cashflow issues like the usual wags have tried to say but rather just means that GoldNuggetInvest faced a shortage of SolidTrustPay funds. Therefore funds available for withdrawals via SolidTrustPay will be processed to other payment processors (if you wish to receive your funds faster). Currently there is 0% fee for exchanging your SolidTrustPay withdrawal requests or deposits to other e-currencies and you can do all that from within your GNI member’s area. In my opinion you should really use this opportunity to open an account with another e-currency (I suggest StrictPay as the closest to STP). Here are the instructions on what the members of GoldNuggetInvest should do if they have SolidTrustPay deposits or pending withdrawal requests:
“Attention GNI Customers Utilizing SolidTrustPay E-Currency Services:
We have made it our priority to keep our trusted members current with our operations issues so that “mis-information,” intentionally made or not, can be addressed in a way that our members can be assured we are ALWAYS truthful and will do what it is we say we will do.
Since the latter part of last week (w/e November 14), we have incurred a rather significant disparity in our distribution of and holdings of our e-currency. The logical assumption is the introduction of our e-currency exchanger. While this has introduced some unrelated challenges, it has not had any significant impact in our currency allocation(s).
We have, at the current moment, a disparity in our level of SolidTrustPay e-currency vs. StrictPay and to a lesser extent, LibertyReserve.
Specifically, we have more StrictPay and less SolidTrustPay.
Our exhaustive attempts to exchange SP for STP have shown there are significantly less exchangers availing STP. Those exchangers that had STP, did not so in the levels that we require. Despite our best efforts, we have not been successful finding or locating an amount of STP that will meet our current needs.
Therefore, what we have done and will be doing, is allowing those of you who currently use STP as their PP, the ability to exchange your STP to the currency of your choice at no cost. (0%). There will be some intangible expenses, such as an inconvenience and the time it will take for those of you who to properly add a new account to your profile. (For those who need assistance, please send a support ticket)
For those of you who insist upon using STP as your withdrawal processor, this is certainly your choice, but we can’t even estimate the turnaround time for your withdrawal. Timely withdrawals is something we hold near and dear.
We have already made the change (reduced the exchange rate to 0 for those who have STP and wish to go with another e-currency). Upon the completion of this update, I will be deleting all STP pending withdrawals which will allow you to select a new withdrawal mechanism (or to stay with STP).
We are very sorry for the inconvenience.
Todd – GNI Customer Service”.
Another program ArbsFund that also calls itself an “Arbitrage Wagering pool” (with no proof however) and offering a slightly higher percentage than GNI of 8.5% weekly forever is making its way up my list pretty quickly. I already mentioned that many investors seem to love the idea of another arbitrage pool and I had very many referral sign-ups there. So even before the first weekly payments are processed we can state that ArbsFund (reviewed here) will most probably become another “hot” long-term investment program very soon. In the latest update the admin let the investors familiarize themselves with their current trading schedule. Also there was a pleasant surprise mentioned but what it was I have no idea and of course will look forward to finding out soon. The first payouts from ArbsFund should be processed tomorrow so don’t forget to vote for the program on forums and monitors after you receive your first weekly payment. Here is the newsletter:
“Dear ArbsFund Stakeholder; Greetings! ArbsFund Arbitrage Wagering pool is now 6days online! and we have a wonderful trading week! We have good returns in our bet in the boxing match of Cotto and Pacqioua a 6.7% returns.
I also want to discuss our trading schedule for the benefit of our members that asking how are we doing our work.
Monday is the day we request withdrawals of our profits from the different book markers that we used and also this serves as a rest day for our team to relax from a day to day trading, watching the change in odds in the different bookmakers to ensure the optimal results for our trading.
Tuesday to Sunday is our trading day, this time our team is watching every bookmakers for the new sports event that taking place.
Regarding payments, all payment request are done on regular basis, meaning we pay 7 days/week.
That’s all for today and see you again in our next newsletter for more updates! Keep your inbox open we have a great surprise for our members this upcoming week!
Thank you for using our program!
Regards! Public Relation Officer. ArbsFund Team”.
The admin of PTVPartner Garrett (interviewed here) sent out another update today where he discussed the next scheduled meeting, the upcoming harvest festival to be celebrated on November 20th, and reported about the opening of PTVPartner‘s own blog. All the details can be read in the following newsletter from Garrett:
“Just a Short One…..this time!
PTVPartner keeps Growing and Growing and Growing. Energized to say the least.
Meeting
We are having another meeting, mainly for the new members to be brought up to speed and ask questions. All Members are welcome to attend. We will be discussing our primary project and the current events happening at PTVPartner. This meeting will be held in our Voice Chat Room at 4:00AM GMT on the 20th (11/19 11pm EST).
Harvest Festival – Party Time!!!
Don’t forget the Harvest Festival Party on the 20th from 8PM GMT to 4AM GMT on the 19th. The Mods have pulled out all the stops and have many events planned. Hundreds of Dollars worth of Prizes will be given away so you will not want to miss it. Members and non-members are both welcome to attend.
PTVPartner Blog!!!
We are creating a Blog and are looking for member-journalists to assist. Our Blog address is http://ptvpartner.wordpress.com/
We will be using the Blog for any updates as well as to distribute material we feel is important.
If you are a PTVPartner Member and interested in assisting with our blog we would be willing to take a look at whatever work you may have done in the past, including even simple or extreme forum posts. Please send your reply to support@ptvpartner.com and include links to any work you may have so that we can review your skills. We would be particularly interested in any members that have ‘wordpress’ knowledge.
Start the Experience … join PTVPartner and … Free your Life!!!”
I remind you that PTVPartner currently occupies the #6 spot in MNO’s rating of the best programs and definitely proved itself by its stable work and superb communication bringing good profits to the members of the program since late August. If you’re interested in joining then you can read more in my review published here. In a nutshell, PTVPartner offers four investment plans with the payouts on expiry (110% after 10 days, 125% after 20 days, 145% after 30 days, 190% after 40 days) accepting four popular payment processors: LibertyReserve, PerfectMoney, GlobalDigitalPay and StrictPay.
BlackDiamondPortfolio (reviewed here) is celebrating its second month online although with still less than 100 members. And though the growth was painfully slow I haven’t heard any complaints about BlackDiamondPortfolio’s performance at all. It’s still paying on all the plans offered (1.3% daily, 110% after 7 days, 125% after 14 days, 160% after 30 days). Moreover, the admin is planning some significant changes for the website so we should expect more investors I guess. Here is the newsletter from him:
“Greetings everyone, We have now been online for two months, and everything is still going great. Have some ideas on my mind, and wanted to help improve the program a little more, so here’s what I came up with.
1) I have got with a programmer and we will be redesigning the whole look of the site. I am being told the this will get started this coming Friday, so keep an eye out.
2) We have added an online lottery raffle sort of thing. I really liked this idea. Very simple works like any other raffle, except we will have a second place winner as well. The first place prize will be 90% of the pot with the remaining 10% going to second place. That started today and will end every Tuesday at 5:00 Eastern for the following nights raffle. Hope this works out well and some people can get a nice little present for the holidays. So spread the word and let folks know that we are here and your experience with us thus far.
As far as the business end, everything is well. I thought I would have to be moving a little faster by now. But still crawling, so everything is fairly easy. I enjoy this online venture thus far. I could really use some support on forums. A lot of folks there want to see payment proofs and you guys are the only ones that can provide that’s. So please stop by for a minute and show some support. That’s it for now guys. Talk to you soon any questions just shoot me a support ticket and I’ll get right back to you.”
MandarinInvest (reviewed here) keeps improving as well and today the admin announced the fifth language version of the site. Now it’s available in Italian (and as far as I know it’s not a Google translator but rather a proper Italian version):
“We are glad to announce that MandarinInvest is now also available in Italian. Check the language selection menu on our website. You can also send support tickets in Italian. Furthermore, we have reduced the fee for internal transfers to 1%.
Sincerely, Robbyn Hart”.
In general, I must say that MandarinInvest is performing really well and I believe it will become one of the leaders of the Industry among long-term HYIPs anytime soon. I remind you that there are the following plans on offer in MandarinInvest: 1% for 30 days, 1.3% for 100 days, 1.6%-2.1% for 150 days with the principal paid back on expiry on all the plans. In addition, there is a whopping eight payment processors are accepted so you have a rich choice.
Have you read my interview with the admin of 4CountriesCapital program? If not, then you can read it here. 4CountriesCapital is a good choice if you like medium-term low ROI programs. They pay 1.5% for 10 days, 2% for 20 days, 2.8% for 30 days or 16% for 6 weeks with principal returned on expiry. The three payment processors accepted are LibertyReserve, PerfectMoney and StrictPay. This is followed by Bank wires deposits for larger investors. You can read all the details of the program in my review of 4CountriesCapital published here. And this is the last newsletter I read on their site last night:
“Dear Members, Today was a good day again! All our traders are in profit and Layla Brontë earned a profit of 3.49% on the NYSE. Of course together with the help of Maeva Garnier who trades on the same market.
All profits for today are paid and we are back tomorrow. Next Payday is Wednesday (18/11).
Mrs. Jana Dagg. Founder Member and Managing Director”.
It seems that not everybody likes OctProfit (reviewed here) as much as me. It seems the admin had some conflict with Hyip.com who already have a shady reputation of listing not-paying programs for days (if not weeks) while bashing paying ones just because they forgot to pay monitoring fees. I don’t know what to think about this situation but I believe it was a simple misunderstanding between the admins which led to this confrontation. I hope that it will not affect the program’s performance because definitely OctProfit is doing great by paying 118% after 4 days, 150% after 10 days and 175% after 15 days having been online for 16 days already. In the interests of equality I would like to show you both points of views on the current problem. This is what the admin if Hyip.com said:
“OctProfit has been removed from Hyip.com list of active programs as of today. This action is taken due to threats received from administrator of OctProfit alone with demands for an advertisement placement.
Warning: Avoid dealing with OctProfit. Those in need of monitoring services of this program should find another resource, which is not as strict as Hyip.com”.
Well, I would say that it’s totally unfair to accept monitoring fees and then drop the program for some whimsical reason (though it pays to the investors which is more important IMHO). Secondly, it’s absolutely unfair to advise the investors against OctProfit which is performing extremely well at the moment. Of course, nobody can predict how long it will last but at least you should follow the facts and not the speculations of some crooked admin with a personal grudge.
And finally this is the point of view of the admin of OctProfit (the interview with whom by the way you can read on my blog here). In my opinion, this point is also extreme but I will not be taking any side in this story. Just publishing this statement from OctProfit for your attention:
“Attention other Hyip Admins and Investors:
An important note about Hyip.com for all you other Hyip Program Administrators, and Hyip Investors out there who are looking for dependable Hyip Monitors. Apparently Hyip.com has unfortunately turned out to be a total scam, and should now be clearly seen as being a completely bogus Hyip Monitor. OctProfit corporate recently paid several hundreds of dollars for Premium Advertising and Listing services at Hyip.com only to find that our Listings were prematurely removed, and worse still… our Quality Ratings were artificially downgraded. This was intentionally done so that Hyip.com could artificially inflate Hyip programs that they own and operate! Talk about a Conflict of Interest!
This kind of blatant dishonesty from a so-called “Hyip Monitor” must not be tolerated by Honest Hyip Admins or by Customers who depend on Honest and Trustworthy Hyip Monitors to make Important Accurate Investment Decisions. Our experiences with this Bogus website have Proven that any and all “recommendations” or Quality Ratings from them are totally false. This website should be fully and totally disregarded.
Please see our Rating page for accurate and trustworthy Hyip monitors who can give you an honest appraisal of the OctProfit program so that you can make a Quality Decision with Your Families or Businesses hard earned investment dollars.”
Please note that StrictPay experienced some serious issues with their payment interface today for a few hours which prevented many admins from making payouts to its members on time. Here is for instance what I received from Capitalex program (reviewed here):
“Today we have problem with login to our StrictPay account and unable to complete pending withdrawals. We try to fix it and complete all StrictPay withdrawals as soon.
Good Day. Capitalex”.
GloTrade (will be reviewed on my blog tomorrow) made it much easier for the investors and simply paid all the requests made to StrictPay to LibertyReserve members’ accounts instead . Here was the update about that:
“Hello, We have some issues with making StrictPay daily payments to members. We informed StrictPay about this and they promised us that it will be fixed soon.
Today’s (StrictPay) daily profit payment will be made to member’s corresponding LibertyReserve Accounts.
We apologize for the inconvenience caused. StrictPay daily payments will resume when the issue has been resolved.
Regards, GT CS”.
As far as I know StrictPay is back to normal now and I have received several payments to my account there already. Probably this temporary issue caused also some disruption in StrictPay‘s customer support system which lost some of the support tickets. So the administration asked to re-open and re-submit all tickets made at certain times specified below:
“NOTE: Any new support tickets opened on November 18 from 12:00am until approximately 10:30am were lost due to a technical issue while performing maintenance on our support system. In no way was any data or personal information compromised. If you opened a ticket between these hours and your issue has not yet been resolved you will need to open a new ticket.”
Regrettably I have to inform you that BlitzInvestments and HyEmirates seem to be on the way out and stopped paying last night. The admins of both programs haven’t replied to my queries yet so I can only assume one thing: they are gone. As for HyEmirates, I never took this program too seriously in the first place as it was obviously a game. Unfortunately it only lasted for two weeks which meant only those investors who joined early and made their deposits into the 5 and 10 day plans saw any profit. BlitzInvestments on the other hand was a more quality program that managed to survive for 50 days which made it come two full 20 day cycles. So those who followed my advice and joined it from the beginning should have made a good profit from 150% after 20 days plan. Sure BlitzInvestments couldn’t last forever and unfortunately folded prematurely (I thought it might just hang on a bit longer).
Anyway, enough talk of bad news. I’d rather tell you about two programs that I added to my monitoring page today. The first program is a short-term one called MajorGain. It’s a pretty simple program with only one investment plan: 20% for 6 days with daily payouts. MajorGain accepts three payment processors: LibertyReserve, PerfectMoney and StrictPay and the deposits can be made starting from as low as $2. MajorGain uses a licensed script from MonetarySoft (you may recognize it if you are a member of SazaInvestments for example) and the site is running on a dedicated Staminus server with DoSWiz protection. MajorGain just started a day ago but already has over 100 investors and we can say that we have quite a promising program. The program will be reviewed on my blog pretty soon so stay tuned for that!
The second program is a very attractive medium to long-term program called EcosystemFunds. The program just started a week ago, has a very beautiful and professionally created layout, also hosted on a dedicated Staminus server with Koddos DDoS-protection, having 128-bit SSL-connection and multi-lingual interface in five languages ( I can confirm that their Russian version is flawless). But that’s not all! EcosystemFunds also has an official UK certificate of incorporation which can be easily verified on the Webcheck site for the number 07055270. It was incorporated under the name of Eco Systems Direct Limited just in the end of October 2009 (though please don’t take this Certificate as a Guarantee of your investments). By the way, EcosystemFunds offers three investment plans of 1.3% for 30 days (39% profit), 1.5% for 40 days (60% profit) and 1.8% for 50 days (90% profit). The principal is returned on expiry as well. The profits will be paid directly to your e-currency account every calendar day. By the way, EcosystemFunds accepts deposits both in USD and EUR which can be made from your LibertyReserve, PerfectMoney, StrictPay or GlobalDigitalPay accounts (the minimum to invest in each plan is $10 only). For the bravest investors though there is another plan that will pay you 200% after 50 days on expiry. There is no script in EcosystemFunds so there is no need to register your account. Just click on the “Investment” tab, choose your plan, amount, and payment processor, specify your email address and make your deposit. After 5-10 minutes you should receive a confirmation email with your batch number which you can use later when checking your investment in the program. More details about the program and the whole process of investing will be published on MNO soon so don’t forget to check this out later if you’re interested in this extremely interesting program.
That’s it for today, guys. Except of course for the list of the programs that paid me today: PTVPartner, TradeZoom, MoneyCare, RigidPay, XagaEnterprise, OctProfit, OneInv, CedexInvest, ArbsFund, LogicProfit, NanoMoneyCorp, GeniusFunds, GloTrade, FinanceNova, GoldNuggetInvest, IncoForex, EuropeInc, CSMFinance, AimTrust, RefMotor, Verifield, InvestmentForge, SavInvest, PanaMoney, Capitalex, StableInterest, OneDailyPro, BlackDiamondPortfolio, TheKapital, JuicyInvest, GlobalFund, KobelCapital, MoneyPlus, MandarinInvest, 4CountriesCapital, RosalinFinance, CorpoNano, FXFManagement and MajorGain (the first payment received). Don’t forget to check out my blog today for another review and more news from the Industry! See you then!
Filed under Daily News, Reviews by on Nov 19th, 2009.