19/07/2010. SeatRonacs Review and Other News

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

Hi everyone! Before we get to the news for today’s second update (click here for the first one) I want to take a look at one of the recent additions to my monitoring page. It’s a site that was added over the weekend called SeatRonacs. The website itself isn’t all that original, that much has been established and I’ll get to it in due course, but first let’s take a look at what they are offering investors and see if they have anything that appeals to you.

There’s five plans in total available from SeatRonacs, and to be blunt I’d say the admin has a tricky job in front of him trying to sell these to investors for a variety of reasons. But then again that’s up to you and not me. So starting with the first one, The Pool Plan, a $10 minimum investment is what’s need to join. The plan’s duration runs for 30 business days (six weeks) and during that time you get paid 1% interest per day from Monday to Friday. Or in other words 30% profit which can only be considered as such when your principal gets returned on expiry. Maximum spend is $500.

The Venture Plan is the next option and for most probably the only other plan worth seriously in terms of affordability. The duration is again 30 business days (that’s the duration for all the plans by the way) and the minimum deposit is $501. After that SeatRonacs will pay you 1.2% interest every day from Monday to Friday until your profit accumulates to 36%. Again, that’s really only profit after SeatRonacs returns your principal. Maximum deposit is $2500.

After that it begins to get a bit serious. It may be a bit much for some but nonetheless this is what’s on offer if you can afford it. For a minimum deposit of $2,501 SeatRonacs invite you to join their Fund Pool. Here you can earn 1.4% interest per day for 30 business days, adding up to 42% profit after your principal is returned. Maximum spend is $5,000.

The Expert Plan offers 1.6% interest per business day for the same term on deposits between a minimum $5001 and a maximum $15,000. Assuming your principal gets returned safely on expiry then the accumulated profit should come to 48%.

And finally, mostly for information purposes, SeatRonacs offers The VIP Plan. This is only open to deposits upwards of $15,000 with no upper limit so obviously it’s appeal is somewhat limited due to financial constraints but if you’re interested then the daily payment is 1.8% for 30 business days with your principal returned on expiry.

The tricky thing about the plans is that while they may look fine by themselves the fact that the payments are so low and you don’t come anywhere even close to breaking even until after your principal gets returned after a six week wait is going to be a major sticking point for a lot of investors. There was a time when that may not have been such a big issue, but that time isn’t now. So the admin has a lot of hard work ahead of him in selling SeatRonacs, especially since we’re going to be almost into September before even the first investors see a profit. And in the current HYIP climate that’s not an easy one to get excited about in what’s supposed to be a short-mid term program. So we’ll see how the admin promotes it.

Other than that the choice of payment methods isn’t bad with AlertPay as a verified option and LibertyReserve and PerfectMoney for those who need convenience. Payments are manual so you’re going to have to request them. 24 hours is required by the admin to have everything processed and if using AlertPay then minimum withdrawal is a dollar.

SeatRonacs is running off a script licensed from GoldCoders which I guess at this stage must surely be one of the most recognizable names in the industry. More impressive though is the hosting provider. Dragonara are looking after that and as they have SeatRonacs on a dedicated server then you can expect few if any problems in that department. SSL encryption as verified by Comodo is also there.

The design of the website looks great at first but once you do a little digging it turns out to be bit of a disappointment to say the least. The thing is it’s pretty much largely lifted from a certain online based investment bank, with some aspects like the graphics and the logo being an exact replica. Actually it happens quite a bit in this business and as a matter of fact hasn’t always prevented the program in question from achieving a certain level of success. One thing I’ve learned from this business is that HYIP players for the most part couldn’t care less who you borrow your material from as long as they get paid. So there you go. Most of you probably won’t care about that very much but I would merely use it to make the point that anything you read about the outside business and investment activities of SeatRonacs is not really to be taken all that seriously. The admin says this is the work of the designer and not him, and I for one see no reason to doubt that. I also hope he has the designer’s home address and phone number ‘cos buddy you got a big refund coming to you! Contact with the admin can be made through a variety of e-mail addresses with a different one depending on the nature of your question. There is also support ticket submission form and an online chat feature, which isn’t a 24 hour service and doesn’t have a schedule as to when – if ever – it works.

The important part of course is to assess the risks as you see them here and spend accordingly.

OTHER NEWS FOR TODAY.

Let’s start with some positive news for today which undoubtedly came from PrivateDiamondClub. Finally the site is back online and the most important thing the member’s area is online as well. According to the new rules the next batch of payouts should be processed on Tuesday so just in case I kept the program in Waiting status on MNO Monitoring and am going to move it back to Paying status once the outstanding payouts are processed. So don’t forget to submit your payouts once you receive them on the MNO forum here. The old IP address is still featuring the old update from Lars, the admin of PrivateDiamondClub published yesterday:
“We are waiting for our EPP code from our old hosting provider. We need the code to change the domain to a new host and the server as we also got a confirmation email from our script manager that the server is having problems. As we have Sunday, I m sure by tomorrow we will have the EPP code from our old host and we can change everything so members can login again by tomorrow night.
We are very sorry for that. As we never operated online before and we are not web specialists in our company, it took so much time to find out what happened.
Your Lars von Oldberg (at the moment contact us using: larsvonoldberg@yahoo.com)”.

The new IP address the program is hosted on now (apparently they switched their servers to NVH hosting) and the member’s area is perfectly available from there. So I guess the only problem PrivateDiamondClub had with their old hosting provider has been solved by now. The new important newsletter was issued today and apart from the trading news it featured the long-anticipated change in the daily plan which will now pay investors 0.5% daily forever, with the possible withdrawal of your principal anytime after a lock-in period of 14 days. I think this flexibility will definitely attract more new members who will not be scared off by the higher minimum to invest in the daily plan which increases from $25 to $50. The weekly and monthly plans remain untouched and to read more on those options you’re welcome to read my extensive review of PrivateDiamondClub published here. Please also note that the direct investments that used to be accepted to the old site (before changing the layout) will not be accepted on the new one where it’s necessary to open an account in order to invest. And finally, the last important change about which was already discussed in the previous long update published a week ago is that the withdrawals to all accepted by PrivateDiamondClub e-currencies (AlertPay, LibertyReserve and PerfectMoney) will be paid twice weekly (on Tuesdays and Fridays) while the investments made via Western Union and Bank Wires will be paid within 24 hours after the request was made on all business days. Phone support during office hours will be also available soon so you will be welcome to call them as well. More news and updates can be read in the long newsletter that was sent to all the members of PrivateDiamondClub a few hours ago and republished below:
“Dear PrivateDiamondClub members and followers,
This time you have been very patient. We changed our old host and at the same time we moved our headcounters due to new money and tax regulation in Kenya. Our trading and export office is not in Kenya anymore. The head of trading, the financial director and me are mostly together and our new office makes everything more easy… But first let me start with the most important news for our online investors. We had one week server and hosting problems. We hope it is resolved now but also some blackmailers spread wrong news about us. From tomorrow we accept Bank Wire and Western Union Investments. For Western Union Details you just need to make a deposit in your PrivateDiamondClub Member area and we contact you within 24 hours.
We changed our withdraw terms. Please note that we pay all requests on Tuesdays and Fridays. If you make a request on Tuesday you might get paid on Friday if we proceeded all requests already. For payment news just login and check your PrivateDiamondClub account overview. You can request your interest anytime but it will be proceeded and paid on Tuesdays and Fridays. In the member account you will find our office time so you do not get confused due to different time zones.
Again with the most important part, the change of our withdraw terms…
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OLD
“Withdraw Terms
…Interest is paid daily, weekly or monthly to the member’s account. To withdraw money from the balance the member has to make a withdraw request in the member area. All withdraw requests are paid within 48 hours (up to US$25,000) or within 62 hours (over US$ 25,000) via e-currencies…”
—————————————————————————————————–
New
“Withdraw Terms
Interest is paid daily, weekly or monthly to the member’s account. To withdraw money from the balance the member has to make a withdraw request in the member area. All withdraw requests are paid on Tuesdays and Fridays via e-currency. Western Union and Bank Wire Investors are getting paid within 24 hours on business days for requests under US$15,000. Requests over US$ 15,000 take up to 48 hours”
—————————————————————————————————–
Why this change? We want to improve on our support, and the trades are the most important part. Without our diamond trades there would be no PrivateDiamondClub. For new investors we changed the investment plans. And without our head of trading there would be no PrivateDiamondClub as well. He set a new minimum investment of US$50 and we offer a new daily plan. The minimum term is 14 days without a maximum term. The daily profit is 0.5% and you can can withdraw your principal anytime after 14 days. We do not offer direct investments anymore. All old direct Investors got the principal refunded already last week and I am happy to see most of them joining now as a member.
Our main trading and support offices are in Kigoma and in Bujumbura starting this week. With a new phone support you can call us during our office hours. The Kenyan office is still operating, but just for meetings in general. Please make sure you have an appointment and talk to us 7-10 days before. The diamond sorting for all rough stones from the DRC or the CAR will take place in Bujumbura and also the export. The 2 new offices are just 3-5 hours away from each other by car and 1.5 hours to Nairobi (by plane). In a few month Kenya will raise the taxes on exports and imports of rough stones and new certificates are needed, so our decision was made. Me and my head of trading have no real clue about monitors… So Hilde, our Support Manager and Marketing manager who will move with us explained to me the problem. When we changed our domain after a name server error 2 monitors were so confused that even after 3 emails they never changed our url, so they did not make any request and we just pay a member after a request. And I think it is clear that we changed the url long ago. In Germany they say “Hilde die Wilde” and it means she is very, lets say, unhappy and tries her best to contact them. The Hyip market was scaring some of our old investors, because the market seems to have a very bad image and very inpatient investors and also blackmailers…
On our new contact site we introduce us and we work with a new support ticket system. That is from me… and thank you for your patients.
Regards. Lars von Oldberg, 19th of July 2010
PrivateDiamondClub Limited”.

I don’t know what’s all the fuss about the StrictPay balances these days. Everybody knows by now I guess that the value of the old StrictPay accounts are zero, while the new ones are yet to be funded by some light-headed investors. So the admin of FundsOMatic Randy (interviewed here) enabled StrictPay deposits to his program which now can be done manually. The process of depositing to both daily (0.8%-1.8% for 200 days) and weekly (7%-14% for 26 weeks) plans in FundsOMatic (reviewed here) is perfectly explained by the admin in the latest update republished below:
“Just a quick update to say that StrictPay payments have been made and had no adverse effects form testing.
Deposits have been re-enabled via StrictPay, to do so you will simply need to send payment to us directly, our account # is 56089-1. In the memo put your member # and plan daily or weekly. then use the contact form subject SP deposit.
Contact form should be simple.
Subject: SP Deposit
Body: Your sp #, Batch#, plan daily or weekly, Amount.
Thank you all for understanding and continuing to use SP.
RandyM”.

Staying with StrictPay (if it’s still of interest to anybody) I noticed today that they have changed the accounts and now the old account is that one which is zeroed and therefore useless until some sucker puts more money in while the sub-account with the “minus -1” suffix is now the one containing your stolen money. Makes little difference as far as I can see because you’re still not getting your money back. I guess this fact cannot change just one thing – the funds have disappeared into thin air while HYIP admins probably haven’t even noticed at all. I would advise them to drop StrictPay and dealing with them as paying to accounts where you can’t move money out of is simply a waste of time and resources. Better do something good for your program, at least you can spare some time and issue a daily regular update like the admin of FxCrudeOil is doing now. Her is the latest short update from FxCrudeOil (reviewed here) I received to my mailbox today:
“All pay out has been completed include StrictPay.
StrictPay restored previous balance and now 2 a/c balance there.
Great week ahead.
Thank you. FxCrudeOil Admin”.

I finally received the long-awaited interview from the admin of GoldCollarInvest last night and am going to publish it tomorrow. I believe that GoldCollarInvest is not a popular choice among the investors (probably because of using only LR and PM for deposits) while even after introducing the new daily plan of 1.5% for 7 days with the principal returned on expiry I haven’t noticed any significant interest in this plan among the MNO readers. So hopefully the upcoming interview will arise some fresh interest in GoldCollarInvest which is paying from 8% to 10% weekly with daily and weekly payouts alike (read more about the payout order in my review published here).

Here is the list of the programs featured on my monitoring page that paid me today:
FairHYIP, InWolton, FinalEarn, OilStructure, FundsOMatic, FluxRates, GoldCollarInvest, SeatRonacs, CherryShares, BookmakerOffice, OnyxInvClub, Biffalo, FxCrudeOil, RedOrchidInvest, YesInvestment, GroupUniversal, GoldenInvestment, EzProfit, AvaInvestment and UniteTrade (the first payment received).

In the second post for tomorrow you should expect to see my review of UniteTrade, a short-term program accompanied with the latest news from the industry. Stay tuned and see you all tomorrow, guys!