21/04/2010. DorealCapital Review and Other News

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi everyone! Seems like it’s turning out to be one hectic week in the HYIP world so I have once again quite a lot of news to get through today. So I decided it might be better to post twice so be sure and check again later this evening for the rest of the news. First though I’d like to talk about a new long term program called DorealCapital that was added to my monitoring page last week. It’s been flying under the radar a bit since being launched but to be honest it’s not hard to see why. It’s average enough and doesn’t really bring you all that much not already available from more established long term programs, with the long term HYIP market being a tougher one to break into. Unfortunately there are also a few discrepancies on the DorealCapital website so I have a couple of doubts about them. I’ll be getting to that in a moment so you can decide for yourselves how much importance you want to attach to that.

But anyway, DorealCapital offers just one single plan so I guess it’s not really all that difficult to decide whether you want to join or not. There are some variations depending on how much you are prepared to risk with them, but the plan itself remains essentially the same. It runs for 150 business days meaning they only pay interest five days per week, Monday through Friday. The full length of the term is equivalent to 30 calendar weeks. Actually a little bit longer as there’s bound to be a few non-trading days and holidays of various descriptions during that time.

The first option is to deposit between a minimum of $10 and a maximum of $1500. For this DorealCapital offer you a daily payment of 1.4% interest per business day. That adds up to 7% per week and 210% in total on expiry.

For investments between $1501 and $5000 DorealCapital pays out 1.6% interest per business day. Times five that gives you 8% per week and 240% on expiry.

And for deposits starting at $5001 with no published maximum DorealCapital offers 1.85% interest per business day. That would add up to 9.25% per week and 277.5% on expiry.

A couple of other things you need to know include that your principal is returned on expiry so all the figures I mentioned above can be considered as profit once this happens. Assuming the program survives that long of course. If you’d like to take a little extra risk however then compounding is allowed at a rate established by yourself. The list of payment processors is however pretty unimpressive with just GlobalDigitalPay, LibertyReserve, and PerfectMoney being accepted. And you should all know about the “ask no questions” policies in operation there so any losses suffered are entirely your own business.

The first problem I have with DorealCapital is in a way related to these payment processors. They claim for some reason that payments are instant. They are not always instant and I can personally confirm that they are not. Payouts have been fast enough mind you, so far anyway, but they are made manually more often than instantly though I have received both. So if you are tempted to join DorealCapital based on that then please be aware of that.

That’s more of an inconvenience than a problem I guess but the second issue is a lot more substantial. It concerns the security of the website and the protection of your account. DorealCapital makes a lot of noise about how secure they are but unfortunately it doesn’t seem to add up. Most experienced HYIP players will be aware of the hosting provider Dragonara and just how good they are. One of the best providers money can buy in fact, and DorealCapital proudly claim to be protected by them. A little research however indicates that they are in actual fact hosted by a cheap and all together less reliable provider called HostZealot. The fact that DorealCapital found it necessary to disguise this leads me to doubt the safety and security of the program throughout. Another thing is that SSL encryption is not being used either despite claims of high security. So best be careful here and the rule about not investing what you can’t afford to lose applies even more so. If you have any questions about this you can submit them to the admin via the support ticket form on the contacts page. What I can say for sure however is that the script is under license from GoldCoders.

Keeping these discrepancies in mind it is doubtful too that the claims being made that DorealCapital are a ForEx trading brokerage firm are true either. One look at the foreign exchange rate widget on the side of their homepage indicates that there are no currency deals that would even remotely support the rates of interest being offered here so it’s a fair bet that they are a regular online HYIP related game and will be successful for as long as new money pays old. But a poor choice of payment options and too many question marks over their security would suggest there is a lot of work to be done here before DorealCapital becomes popular.

OTHER NEWS FOR TODAY.

It seems I was too easy on PanaMoney last night, guys. They are definitely experiencing some cashflow issues which was just confirmed by the latest news suddenly announcing that for the next 8 days the interest will not be credited to the members’ accounts. Allegedly this is due to the implementation of a new more efficient trading system which will take time to install. However if we remember that latest delays with the payouts which not only occurred to me but also to other investors (and I don’t remember any delays whatsoever before) we could guess that the cashflow in PanaMoney is not so stable. I suppose that’s the real reason they are not paying for the next week in hope to accumulate more funds for the future payouts. There is a chance that they might fail to do sp of course so I would recommend you hold off from future investments in PanaMoney until the new system is implemented and payments are credited again to everyone’s account as usual. We will see if PanaMoney is able to recover, (oops!) implement this new trading system successfully pretty soon. Here is the official newsletter from PanaMoney (reviewed here):
“New Trading System Launch
The previously announced new trading system will start its implementation. The procedures will require all payment processors integration and technical upgrade and planned to be executed within April 21 – April 28. The period is included into non-trading days not affecting the investment periods of current investments.
After the integration, all active investments as well as new will be automatically traded with the new trading system, which during its testing stage has demonstrated 20% performance increase compared with the current interest average for all currency pairs.
All accounts will be accessible with the non-trading transactions to be available, as well as the procedures like bank transfer validation, etc. performed in usual manner.
Sorry for the inconvenience and looking forward to the better profits with our new system.”

As you might have noticed CorporateInvest (reviewed here) changed their payouts from instant to manual. It was actually explained today after I received another payout from the program which unexpectedly went to Pending status first:
“We have moved to safer manual payments due to DDoS attacks.”
Anyway, I don’t have any issues with that as long as the program is paying.

I was informed by one of my readers today that surprisingly TheKapital allowed withdrawals to AlertPay again today. Anyway, the script will not tell you anymore that the withdrawals are temporarily disabled now. I still think it’s too early to move it back to Paying status since the payouts to AlertPay should really be processed first but I hope it’s an encouraging sign. I requested the payout to AlertPay today and will let you know by tomorrow if I receive it or not and if it’s safe to invest in that program again.

The administration of WWFD (reviewed here) asked members for more patience while it’s trying to fix an unusual issue with the e-currencies getting all mixed up. They begged not to send any bad votes to monitors and forums while they are looking for a solution. Well, I will give them the benefit of the doubt and allow 24 hours more before moving them to Waiting status on MNO. Here is the latest update from WWFD:
“Dear members, Please be patient.
We must reset our cpanel password, then we should update our script, then you can change your e-currency account number and we can pay to all members.
We are waiting for Dragonara.net response.
So please DON’T SEND BAD VOTES!!
Please send this message to all your referral.
Best Regards, WWFD.”

Some more disturbing signs came today from PTVPartner. The program is going private and removing all the plans except the 190% after 40 days which is a definite indicator of its pending collapse. The program is still paying to some investors while ignoring others and I have a report from somebody waiting for his payout for almost two weeks already. Sorry to say so but PTVPartner is done and this last newsletter only confirms that I was right by moving PTVPartner to Not Paying status on my blog last night. The scenario with going private will repeat itself pretty soon like it was before with many other collapsing HYIPs. So if you’re paid consider yourself lucky but do not lose your head by staying on this sinking ship. Here is the latest newsletter from Garrett, the admin of PTVPartner:
“PTV Private Partner
Many by now know we are fed up with the world of HYIP.
Naysayers, Hackers, DDOS Attackers.
Fanaticism, Faithfulness, Faithlessness.
Enough is Enough.
We are going to remove ourselves from this arena and work with the Members we have.
Currently our membership is close to 13,000 accounts. Since we advocate Privacy and Anonymity, Security and Freedom, we don’t actually know how many members that translates too. Nor do we really care at this moment. What we do care about is ensuring the success of our program and the members who support it.
Over the course of the next week we will catch up and solve all the major accounting issues. Over the following week will solve the remainder of any issues. The third, and possibly fourth, week we will evolve the website to perform in a private environment. Look for things, at that time, like a Member Only accessible website, a Signup page that requires a referral link. There will be a NDA and CA agreement required to register as a private member. Those that are not interested in staying with us at that time will no longer be able to invest and will be required to withdraw all funds as they mature.
With all the adversity we have endured, that you have endured, when we go, or move, to a Private Status, we will no longer work or advertise to bring in new members. New Members will be accepted only by Referral. No, that does not mean we will be paying out referral fees again. What it means is, If our membership has someone that wants to be a part of our program, then that member will have to make a personal reference for the newcomer.
You may only refer those members YOU feel are a good fit for our program, and those members you personally are willing to give your assurance of. With this policy we will somewhat eliminate the members who are less welcomed. There will be an increase in new member account minimum deposit and investment levels. We will be eliminating the 10 and 25 and 45% plans.
Once we move to Private, we will be requiring members to provide the information as to which accounts they have that are associated with them. In other words you will be required to link all your accounts. We have considered the fact that many members do indeed have several accounts. We will be allowing a maximum number of accounts, per household, or IP, of 4. This is important, since there will be a reduction in maximum participation levels.
When we move to Private, after the consolidation and or association of accounts, we will be purging the system of all accounts that are not considered activated. By activated we mean any account that has zero financial activity or…is devoid of balances (referral hounds, ex-members and monitors no longer with us). We need a way to more accurately determine the whole of our membership. Inactive accounts are useless to anyone, so they will be eliminated.
Current Status.
We will shortly be paying out another huge amount of withdraw requests. All Withdraws should be caught up over the next couple of days.
All accounts should be at ONLY a 4 day delay. All Investments should have matured properly and been updated to your withdraw balance. All missing deposits should now be credited to your Investment account.
The Gallery should once again be accessible. The forum will be accessible again soon.
Maximum number of withdraws allowed per account per day is now 1. There is no limit on the dollar amount.
We are renewed in our vigor to provide this program. We are excited about the future and the environment a Private organization will bring. This is surely the best move we could have made. We appreciate the patience and support of our membership. We look forward to what the future holds for PTV and its Private Partners.
Meeting scheduled for 4/21 at 3AM GMT or 10PM CDT
The Ultimate High Yield Asset for your Offshore Financial Portfolio!!!
Start the Experience … join PTVPartner to … Free your Life!!!”

I received a surprising email containing important updates from another closed program GoldNuggetInvest today. It seems that the refund process is going to be getting underway pretty soon (May, 15 to be precise) and the new private program will be also launched on a strictly confidential basis. If you ask my opinion I would suggest holding off on joining this new program until after the refunds are processed from the old one. Although I respect Robert’s professionalism I still don’t understand why everybody should be waiting till the middle of May but especially I don’t get why the refunds will not be processed in order and why Robert put some emphasis on that in his latest newsletter. I expect such a decision will cause unwanted pressure and many members will blame him for bias and favoritism once refunds do start to be made. So I’m really hesitant recommending GNI to anybody at this particular moment but would be more than happy to wait and see how things will unravel in the near future. Sincerely I wish them well. It was a great program while it ran and while it will take a long long time to get them back to the level they were at, I wish them good luck in their efforts. One good thing is definitely that GoldNuggetInvest and its admin Robert are still communicating with the members of the program which is really an encouraging sign for me. Here is the latest newsletter from GNI:
“Greetings To All GNI Friends & Participants:
It has been two weeks since I last communicated with all of you. While it may seem I’m conspicuously absent; rest assured, I’m around, watching and speaking with those whom it is necessary to conduct present and future business obligations and opportunities.
Status of Refund Applications:
I spoke with Todd who provided a status of the Refund Applications.
The process began March 15th. As of April 15th approximately 1000 refund applications (out of 3600) are ready for payout. Processing applications is faster (significantly) than before, however they are slowed (significantly) by those requesting status, (even going so far as to create a new ticket) in an email, PM, chat or other creative fashion, all of which takes them away from processing applications. Keeping this in mind as I continue….
Payout procedure. It has been decided, in fulfillment of our promises of a timely refund, payouts will commence May 15th, on a random basis, from those processed applications ready for payment. Please, no speculation as to the order of payouts.
For those who insist upon a status of their individual applications, I asked Todd to respond accordingly, then he is to move these applications to the end of the line. Forcing them to take time away from processing to answer impatient members, penalizes those who ARE patiently waiting their turn. If, however, a question concerning the calculation or other technical aspect of a completed application arises, DO NOT hesitate to contact Todd or Debbie for clarification or further review. (Please be sure to have all supporting documentation available).
The New Program
The new program has required an EXTENSIVE amount of set-up work requiring a multitude of various skill-sets and talent coming together at the same time. We’re there (truly). Those of you who have expressed an interest in the program will receive a response to the ticket you submitted in the next couple days. Each ticket needs to be responded individually, so the responses will be staggered.
Those of you who are interested and not opened a ticket yet, you can still do so at http://gniforum.com/newgni
The response you will receive has very specific instructions which need to be carefully followed. We can’t allow discussion of this program people and ask you all to follow the strict non-disclosure clause you will find throughout all correspondence. We have no control over discussions outside our community. If you are or plan to participate and you see discussion ensuing, become pro-active and take steps to get it stopped. You may subject yourself to immature name-calling by adversaries or others, none of whom know or understand what we’re doing or how we’re doing it.
This program is set up such that all participants gain ownership in an LLC. If you’re not going to protect your property from which honest and legal dividends are procured, who will?
A final note, I want to take the opportunity to thank Rumiko and Lim for their outstanding work done on behalf of GNI and for you, our trusted members. Without my asking, they continue to help us. They are doing this without compensation and we are most grateful!
We will continue to communicate as necessary.
Thank you, Robert and your GNI Team”.

The admin of HighYieldClub (reviewed here) sent a newsletter today asking members to help him with generating ideas on how to make their website more popular and user-friendly. You can submit your suggestions to the admin if you have any. I just want to remind you that HighYieldClub is a low-ROI program paying 1.2%-1.5% daily for 240 days and 20%-35% biweekly for 112 days and accepting all the popular payment processors. The latest news from HighYieldClub can be read here:
“Our clubs growth is extremely well the last few weeks, and I want to express thanks you to all of you who helped us to get our site promoted. As you learned over the last 4 months, the HighYieldClub, is not going to intense promotions, we do not and will never launch some pointless promotions to attract new members. We chose just a few advertisement portals and blogs to have our banner and news, and we feel comfortable with the selection we have taken to have our club administered so far. We learned and observe this hyip arena and watched so many great looking sites went down, because what I believe an over confidence and over promotion. I believe the best promotion a program can archive or request is for you as a part of our club, to just recommend us. But as a club we want to make things even better. So if you have time, send us a ticket, and tell us what you would like to see, maybe a forum, maybe something else? We want to make our site based on your desires, not on our experience alone. Any idea is welcome, and we will select the best to make this club even better.
Your HighYieldClub Administration”.

The site of StereaFunds has been inaccessible to me for several hours already and I have contacted the admin of the program for an explanation. I will keep you posted when the site is back online.

A new program called StaunchFinances has been added to my monitoring today and I believe this is one destined to become a huge hit. I can see this one of the most original and innovative programs I’ve seen in a while and frankly all too rare in the HYIP arena recently. With StaunchFinances the creative but profitable plan and the always outstanding Gotenks script (known by many experienced investors) in addition to the SSL-protection, a dedicated Staminus server and many payment processors accepted – is a definite recipe for success. So what’s so good about these plans you might ask? There are two of them and they are completely different. But actually you don’t have a choice between them. After depositing money to your StaunchFinances account and making an investment your money will be automatically split in a 50/50 proportion between the two investment plans: one half will go to a 20% for 6 days short term plan and the other half to 2.5% for 56 days longer term one. So you receive payouts from both plans simultaneously which makes the program kinda unique in my opinion. The minimum to deposit in StaunchFinances is $10 and all subsequent deposits can be madeg from $2. The program accepts the following payment processors: LibertyReserve, PerfectMoney, StrictPay, GlobalDigitalPay and SolidTrustPay. StaunchFinances just launched last night and looks very promising to me. So I’m looking forward to bringing you a more detailed review on my blog soon. Stay tuned for that!

That’s about it for now but don’t go too far as the review of StarxInvest is going to be published on my blog later tonight together with the rest of the day’s news. See you very soon, guys!