23/08/2010. Interview with the admin of OnlineMDT

BEWARE! THIS PROGRAM PAYS SELECTIVELY! DO NOT INVEST!

Hi everyone! Just a short update for you this evening as it’s been a quiet enough day for news. I have a recent interview with the admin of a new short term HYI program called OnlineMDT, which was originally reviewed on my blog here.

They’ve been running for almost two weeks now and paying successfully on plans that include 109% after 3 days, 119% after 5 days, and 129% after 7 days. Please note that there had previously been a test plan included but for reasons outlined by the admin below this has now been scrapped If you have any comments of your own about what the admin has to say here (positive or negative) then please visit the OnlineMDT forum thread here.

“1. Hi admin, please start by introducing yourself to the readers of MNO and telling us a bit first about your own role in OnlineMDT and then about your background in the HYIP industry. What kind of previous experience do you have in managing funds?

Hello to all dear members and investors and dear admin of Money News Online. I am Jack Rabins manager of OnlineMDT and I am so happy to answer your question in order to help OnlineMDT be more popular in financial world. As you ask about me and my experience in HYIP industry, I should say that before starting OnlineMDT me and some of my team members have worked in other financial companies and in a long period of time we have gained much experiences which helped us to start our own individual Financial program and let the other members use our experience.

2. Can you also tell us a bit more about OnlineMDT itself? How long have you been in business? Are you running this alone or are there others involved with you? Why did you start the program to begin with?

OnlineMDT Project started on August 9th and after two days we started our online advertising campaign adding monitoring partners. As we started so strongly as a result we attracted high investments and many good ideas right from the first day. And as we saw we were in a good position and we succeeded in starting a good project we decided to work online with our members so we choose Money News Online. And about your second question, we are a group of four people. One of our members acts as online support and of one us works as an Advertisement expert. Myself and the work as Managers and Online Market Detectives. We aim to share our profit with those investors who have money and don’t have time to collect experience to research individual online markets. Risk management is our strategy. Lower profit bring lower risk and at result it brings TRUST.

3. Please explain the investment plans to us in detail. What are the minimum and maximum amounts accepted into each plan? What rates of interest do you offer and how long do they run for?

Investment Plan 1 :: 102%(TEST PLAN)

Interest: 102% After 1 Day
Minimum Amount: 5 USD
Maximum Amount: 300 USD
Period: 1 Business Days

Investment Plan 2 :: 109%

Interest: 109% After 3 Days
Min. Amount: 15.01 USD
Max. Amount: 20000 USD
Period: 3 Business Days

Investment Plan 3 :: 119%

Interest: 119% After 5 Days
Min. Amount: 15.01 USD
Max. Amount: 40000 USD
Period: 5 Business Days

Investment Plan 4 :: 129%

Interest: 129% After 7 Days
Min. Amount: 15.01 USD
Max. Amount: 60,000 USD
Period: 7 Business Days

I think this is so clear and there is no hidden catches. You should know that our first plan is only a test plan and it closes today. Now we have many investors which means proof is no longer an issue.

4. Looking at the ForEx rates on the charts you provide I don’t see anything that could even remotely support the rates of interest you offer. Certainly not for any sustainable or consistent length of time anyway. How do you respond?

To be honest with you it was our designer who chose this chart as a symbol to show our website as a business model. Of course this chart is a real and really works but we have no idea about it. We have some other methods for our investments.

5. Can you give us any statistics regarding the program? Particularly in relation to the number of members, the amounts paid in and out, and from which plans.

In 10 days we have attracted more than 700 members of which more than 520 are active. In the first days more than 80% invested in the first plan (102% After 1 day) but as we paid more and more in the next days investments in the other plans increased and now more than 40% invest in plan for 7 Days and 30% invest in the second and third plans (of 3 and 5 days). The rest invest in first plan just to test our investment plans and experience in these 10 days show us that most investors after receiving their first payment from plan one they try our other plans.

6. If a reader wants to join OnlineMDT then what payment processors are you using? Is there something preventing you from adding other verified options like AlertPay and SolidTrustPay? Do you think your program would be a lot more popular if you did add them?

As we have written in our FAQ page, we support LibertyReserve, PerfectMoney, and StrictPay payment processors. And as you ask about our reason that we don’t support AlertPay or STP, I should say it was going to be a surprise for our investors but as you ask I should announce now that OnlineMDT in the near future will add AP and STP payment processors to our payment methods.

7. How highly would you rate the security of your own website? Tell us about your hosting provider and how highly would you rate them as a service provider?

Our hosting provider is DDOSWIZ who as you know are one of the most reliable teams we know and we believe their security is high. They can protect our website against any attack, and time has proven this to be so.

8. What about your script? Who is the provider? What do you think the benefits of this script are to both the admin and the investors? Are you using SSL encryption?

Unfortunately we don’t support SSL and I can not promise to support this in future either. But about the script, we use GoldCoders Script which many many members will know. We are under license from them and their source code security is high.

9. What kind of customer support do you offer? What is the best and most efficient way to contact you if I have any questions?

By looking at our website you can see many contact details on the first page, it shows that any investor who needs help our has any questions can contact us. Our Live support is at your service anytime, just contact us whenever you need our help. You can use our support form too.
Http://www.OnlineMDT.com/index.php?a=support

10. I see it mentioned that you may soon offer telephone support. If you’ve really been in business for nine years and have 37,000 employees as your website claims, how can you not have a telephone number by now? How long can it possibly take?

There are so many hidden meanings behind 37,000 employees so let us take an example to clear this matter. As I said we are 4 persons who manage OnlineMDT. Me and one other person are Online Market detectives, and to detect the best market to invest our members assets we should contact many many person and search about the best way. The 37,000 are those persons that we are in general contact with during investing from managers or usual employees which can help us with their experiences. We believe that when we can use someone’s experience it means that we are in corporation with each other and so we in a sense employ that person in our project. 37,000 are the ones who help us to make the highest profit from online markets. We are in business many years but our online and individual work has been started only with OnlineMDT. And we promise in the near future to put a phone number on the first page.

11. What have been the most common questions, problems, or other support related issues that you have had to deal with so far? Is there anything you would like to address here so that members can avoid having to contact you?

The most common problem till now from most of our investors is about the Transaction code.
Transaction codes are a security password which you need to withdraw your funds from our website. Many investors contact us that they have lost their transaction code, and always we reply it is enough to send a private message Via Liberty Reserve account which they have invested in our program. As soon as we receive their message we reset their transaction code.

12. What other outside business and investment activities are OnlineMDT involved with? Can we see any independently verifiable proof of these activities and are you licensed by any authority to offer financial services such as you do?

Online Market Detectives Team first of all find any online market and research their activities. The next step is compare these markets with each other and estimate risk of investment versus profit. Each one which is more reliable and reasonable will be selected. Finally for example three markets will be listed at the last step we compare them with each other and rank them. Then we start investing. No one can claim that there is no risk but we claim that we select lower profits to face lower risk of losing our assets in these markets. Low profit but stable is more valuable than high profit at high risk.

13. I can see quite clearly that a lot of the texts on the OnlineMDT website are copy/pasted from a number of other sources. How then do you expect investors to take any of your claims seriously?

If you look carefully you will see that those texts about forex or other online markets are from some other websites. There is no need for us to write some text for ourselves. We write the real meaning of forex which experienced Forex investment Company claim. Experienced investors look more carefully at our activities over the last 10 days, look carefully at forums, ask the monitor admins, read our news articles published every 3 days, read advertisement Updates which go to their email Box. Experienced investors see the realities. Our behaviour is the best advertisement for us. Our honesty is our policy.

14. Tell us more about the general advertising and promotional strategies being used by OnlineMDT. In a very competitive market what are you doing to bring OnlineMDT to a wider investment audience?

If you look at Our Rating Page you will see more than 50 monitors and if you check them you can see that from the start we have added our project in these monitors. From the first day we bought HYIPExplorer sticky listing, we bought 3 banners from Gsmonitor, we put our project on sticky-paid in HYIPbanker, and have added our Banner in many other monitors too. We added MNO too. This process shows that we had a powerful start and in the near future some other changes will appear in our advertisement plans and this is a surprise for readers, and in the future advertisement UPDATEs new changes will send to all of our members and will be announced generally in our forums.

15. Are there any plans to develop OnlineMDT further in the near future? Will there be any interesting changes made soon? How are you planning to keep the program competitive in such difficult times?

Yes, our first plan (102% After 1 day) was a test plan for those investors requiring proof to start an investment in our program. From today that plan will be suspended and any investors choosing our website can invest at higher levels. We put that plan to gather payment proof for our website and now we have many investors who have received this proof and the existence of those investors can be proof enough for the next investors proof.
And lastly we thank you for your great Monitoring website and we should say thanks to all of those members who supported us in the forums, monitors and any place else they could. We will always do our best for them.”

Thanks a lot to Jack for taking the time to return my questions and of course as always you are free to form your own opinions on his answers. That’s it for this evening guys! I have another early train to catch in the morning when I’ll be heading to Bergen for the next week or so, but I’ll still have all the usual daily updates so stay tuned and see you all then!