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

Hi guys! Hope you all had a nice weekend. And hope you’re not not suffering from the cold too much! It seems we may have more to worry about than just the weather though as I’ve just heard that police in the English city of Liverpool have had to deal with some 300 emergency calls – to deal with snowball throwers! Civilization is on the brink of collapse I tell you!

Anyway if you’re one of the few not caught up in the frenzy of panic buying currently gripping the nation here then maybe you can spare a few moments to look over a new long term HYI program called BetAndTrading.

OK so I’m calling it a long term program. In fact it’s the latest new HYIP to adopt the popular “no expiry” style plans where you just join once and continue to collect a regular payment for however long the program runs. That won’t make it a long running program, it just means the plans are long term. And there is a fair enough selection of them with options that will pay you by the day, by the week, or by the month.

For a minimum deposit of $10 you can join the daily plan. That will earn you 1.5% interest paid 7 days per week. At that rate you can expect to break even after 67 days and start counting the profits after that. There is a lock-in period for you principal by the way, and it’s 120 days. That’s considerably longer than the 67 days it will take you to earn it back through the daily payments. So assuming BetAndTrading was to survive that long and you wanted to withdraw your principal, just keep in mind that by then you would be in profit already but giving up a daily payment of pure passive income for however long it may last. But let’s cross that bridge when (if) we come to it.

The weekly plan is open to deposits of $20 and up. Join up here and collect a weekly rebate of 11.7% interest. An odd sort of a figure that I don’t know how the admin calculated but nevermind, it’s not important. What matters most is that you can expect to have your principal recouped on receipt of your 9th weekly payment, or if you prefer to compare it with the previous plan it’ll be 56 days. The same 120 day lock-in period applies before you can request your principal to be returned but again, why would you want to? If BetAndTrading runs that long it will be a zero maintenance payment of pure passive profit. Again the key word here is “if”.

The third and final plan here is one I regret to say I do not like one bit. It is very amateurish and so badly planned as to cast aspersions over the rest of the program. It’s a monthly payment plan, which is fine by itself but in this case when it should be offering you a greater reward for taking a greater risk, actually offers you less. Here’s how it works: first of all it will cost you a minimum of $100 to join which is steep enough to begin with. In return for that you are offered a monthly payment of 48% interest. Now I’m no rocket scientist but it’s a matter of some very simple mathematics to work out that in this plan BetAndTrading pays you less for the month than the weekly plan will, despite the fact that you are expected to take a substantially bigger risk. And not just by the less frequent payments either but also by asking you to bay a much higher minimum deposit to join.

In fact the Daily Plan which is the least risky of all only brings in a very slightly reduced return over the monthly plan. A 31 day month will earn you 46.5% which is so close to 48% as makes no difference. Certainly considering the enormous benefits of collecting a daily payment it’s an almost insignificant price to pay.

So my own advice is, and not because I don’t like a gamble but because it doesn’t make much business sense, is to avoid the monthly plan in favor of the daily one.

Other information concerning the plans is that the maximum deposit accepted by BetAndTrading is $10,000 in any of the three. The payment options are good enough for a program like this with LibertyReserve, PerfectMoney, StrictPay and GlobalDigitalPay being accepted at the moment. Payments are not automatic and need to be requested. The admin asks you for 24 hours in order to get them processed.

The script is licensed from GoldGoders and the hosting is provided by BlackLotus who seem to be once more becoming one of the most popular names in this field. They have BetAndTrading on a dedicated server and are providing them with a high level of protection from DDoS attacks. Just as encouraging is the implementation of SSL encryption for a little extra safety. Actually a lot of extra safety. Too bad BetAndTrading are still in the minority when it comes to using this feature. For a little extra expense the program admins should really start to think about how much more money it would generate for them in the long run through increased customer confidence and just the very appearance of professionalism. Anyway, kudos to the BetAndTrading admin for installing it.

If you want to contact the admin the only way to do so at the moment is by submitting a support ticket through the online ticketing form. Discussion threads are also open on the main investment forums but at such an early stage I can’t say if the admin will be that active on them.

Moving on to the purported business activities, BetAndTrading is like Aladdin’s cave for online HYIP admin’s! They have all the classic activities under one roof, namely ForEx trading, arbitrage betting, and the trading of precious metals. Is there anything they can’t do? Well, judging by how the plans were calculated, yes. No evidence is presented on any of these activities and I for one was blissfully unaware that any of them could offer such high returns. So it won’t be sustainable forever but it can be kept going for some time. At least the rates offered by the daily and weekly plans have been sustained elsewhere long enough for at least the first investors to make a profit. Not the best program I’ve seen this year, but worth at least thinking about. A lot of it is right in terms of security but a lot of it, i.e the calculation of the plans would indicate these are not the financial experts they would have you believe. Nevertheless the potential is still there and given that a good steady flow of cash is the key to the success of any online HYIP BetAndTrading seem to be making a good start there if their stats are genuine.

OTHER NEWS FOR TODAY.

For the news today let’s start with InvestJoy (reviewed here). The program is paying fast and growing fast (provided it’s Sunday today). At the moment of writing this InvestJoy had 565 members so I’m not sure if the admin’s idea of reaching 600 members by Monday is realistic. However, he’s trying to draw the attention to his program by new advertising contests. As you may know the $10 promotional bonus expires tonight but there will be more new contests in InvestJoy where you definitely have to participate in order to earn some cash. Your task would be just make a screenshot of your payment and post it on any of the major investment forums. Here is how it should be done:
“Weekly Specials
– Post a payment screenshot (image) in the forums: MMG, TG or DTM.
– Earn 10% bonus on withdrawal amount. Maximum bonus p/ screenshot: $1.
– Send e-mail to promotion@investjoy.com to request your bonus.”

Werner, the admin of InvestJoy, just sent out a newsletter explaining the screenshot contest in detail. He also contacted me and promised to answer to the interview I sent to him recently within the next few hours. Read the latest newsletter from InvestJoy below:
“Hello members, What a nice Sunday! Resting for a few hours is all a man needs to start another week of hard work. Here we go with more one newsletter from InvestJoy, your daily dose of joy and money!
The weekend was perfect, many new members registered and deposited during non business days. You all did a great job inviting referrals, in this Monday we will reach 600 registered members, very good statistics after just one week.
There is a new promotion running. But read fast because this promotion is valid only for 24 hours. Post a payment screenshot in a forum and earn 10% bonus on your withdrawal amount, maximum bonus is $1 per screenshot. You should post in Moneymakergroup or Talkgold or Dreamteammoney. In your Member area you will find a form send details to request your bonus.
Remember you have to take a screenshot image and post in atleast one forum. Let’s suppose you receive a payment of $10 and post this payment in Moneymakergroup, you have to login your account and use the form to request your bonus. Then I will credit your account with $1 (10% of your withdrawal). I’m online in the Live Support, if you have doubts please contact me.
See you in Moneymakergroup, Chatbox or in the Live chat. Once again thank you very much for your support.
Werner Grube. InvestJoy”.

Another promising short-term program IdealInv (reviewed here) which is offering three investment plans with payouts on expiry (120% after 5 days, 150% after 10 days and 195% after 15 days) installed a phone line where you can call and ask all your questions about the program. Well, I don’t remember when I last saw phone support in a short-term program and though I didn’t check it yet myself I believe it should be working. Anyway, you are free to call within the hours provided in the latest update:
“Hello, another newsflash from IdealInv! From now on phone support is available.
Feel free to call and ask your questions from 21:00-09:00 GMT! +(1) 423 299 0310
GMT time – http://wwp.greenwichmeantime.com/
Please support us in forums! Post your payment proofs and vote in monitors!
Avatar for all Idealinv Investors – https://www.idealinv.com/images/idealinv_avatar.gif
IdealInv Team”.
By the way, the admin of IdealInv promised to answer the questions for the interview I sent to him by tomorrow and hopefully I will be able to publish it by then. There should be some payouts on expiry processed by tomorrow as well so we will know for sure if IdealInv program is capable of paying the promised returns.

WeeklyDividend (reviewed here) processed the first weekly payouts for those investors who deposited into their weekly plan. I remind you that there are two plans currently with no expiry in WeeklyDividend and you can deposit to either a daily plan with 1.1%-1.5% payouts or a weekly plan with 9%-11% interest accrued every week. Anyway, according to the admin they have reached 400 members already and are getting bigger by the day. You can find more information on how the admin earns profits for the members in my interview with him published here. And this is the regular update from WeeklyDividend which I received today:
“Today is our very first day of Weekly Interest payments for those who deposited into the weekly plan. My programmer is going to monitor things today just to be sure that it all goes smoothly as I believe it will.
If you do not see your interest right away don’t worry. Because of the server move we lost 4 hours and so it pushed all interest times back a little bit. If you deposited on January 3rd and don’t see your interest today – well in that case please send a ticket so I can look at your account.
I will be here today processing the payments as fast as always and answering support as well.
Today we will cross the 400 member mark. That’s tremendous and I’m very grateful for all of our wonderful members!
Thank you for all of your support,
Ed and the WeeklyDividend Team, WeeklyDividend.”

GoldenFleeceFund (which was reviewed on my blog here) told about their work on introducing bank wire options to the members that would like deposit into the program via that method. In addition, you should know that GoldenFleeceFund‘s support is online for a few hours per day ready to answer all your questions. Here is the latest newsletter I received from them today:
“Hello, Our operators are currently in Live Chat Support on our website. Feel free to use the feature on GoldenFleeceFund to contact a live operator if you have any questions, concerns, issues, or upgrading your account to VIP concierge (see our news section on our website for VIP information).
Some have inquired about bank wire or credit card investment. We are currently working on bringing up our system and investor relations office to the level of accepting bank wire investment. Currently, AlertPay is our only processor that allows other form of investment separate from exchange based services. Take a look at AlertPay for more information.
For LibertyReserve exchange services, we recommend ebuygold.com for quick and easy exchange.
Thank You, GoldenFleeceFund”.

Guys, I understand your concerns about GoldNuggetInvest and about some pending withdrawal requests that have not been paid yet as I received many emails from my readers already. All I know though is that many people thought that GNI was on the verge of collapse several times before during their 15 months online. But it never happened and each and every time they came back better than before. I hope this will be the case this time as well but to alleviate the concerns and worries I have decided to email Robert today and ask about some of the questions I received about the delayed payouts (which is the most important thing for the members of course). I hope that my position of an exclusive monitor for GoldNuggetInvest will allow me to receive some answers first-hand. I will keep you updated on my blog about that!

I have got a reply today from the admin of ArbsFund but it was just a notification that they were inundated with emails and that was the main reason why the e-mails of my readers remain unanswered. He promised to solve all the issues by tomorrow at least but I can’t put ArbsFund back to Paying status unless they are fixed. So I advise those who emailed me for the last few days with their complaints about ArbsFund let me know straight away when your problems are fixed. That will help me define the future status of ArbsFund which is still in Paying selectively status on my monitoring page.

There is one new program that I just added to my monitoring today. It’s a low-ROI program called Xcelsus. Well, actually it’s a very low-ROI program that claims to have some real outside income which remains to be proven. Anyway, the Xcelsus program currently accepts LibertyReserve, PerfectMoney and AlertPay payment processors but you can also make your deposit via other methods which are not very standard for an online investment programs such as Bank Transfer, MoneyBookers, WesternUnion and even PayPal. The minimum to invest in Xcelsus is quite high at $50. The returns of your investments are made every business and are variable between 0.2% to 0.35% per day. Well, in my opinion these are extremely low returns and therefore Xcelsus might find it difficult to attract investors and compete against the more established successful low-ROI programs offering such better rates. But what’s more: you can request your payout only once every 20 business days on the lowest paying plan to up to once per 200 business days (once per year) on higher paying plans. The website of Xcelsus has quite an attractive layout with every thing explained quite clearly. It’s hosted on a dedicated server with Dragonara protection and is utilizing a MonetarySoft script that will be familiar to the members of SazaInvestments. Well, I am going to review Xcelsus on my blog after receiving the first payment from them which can take up to a month as far as I can see.

As you can see I have changed the theme of my blog and I hope you will like its new look. It’s actually a much more customizable theme than the one I used before so if you have any suggestions on how to make my blog better or if you have any issues in browsing through it I will be glad to hear all your suggestions at my email abramsonp@gmail.com Please note that it’s not the final version just yet and I’ll still tinker with it over the next week or so. I hope you will like the new version of MNO-2010 because the next thing I plan to change within the next few weeks is my monitoring page.

I have been paid today from the following programs:
StanbicArbitrage, RichAliens, OneDailyPro, ZenithInvestment, WestFinance, IdealInv, KobelCapital, CedexInvest, PTVPartner, GeniusFunds, XagaEnterprise, HugMoney, RefMotor, BetAndTrading, FxStar, Eternidex, CSMFinance, AtlantisMutual, AtoxFinance, Caziroca, AsiaInv, AimTrust, NanoMoneyCorp, Infinitum, WeeklyDividend, InstantMoneyBets, GoldenFleeceFund, InvestJoy, Investorum, GlobalFund, PanaMoney and GouldsInvest (the first payment received).

Stay tuned for more MNO updates tomorrow with a new interview, review of GouldsInvest and more news from the Industry! See you on Monday, guys!