08/01/2011. Stanbec Review and Daily News from the Industry

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

Hi guys! I hope you’re all enjoying the weekend so far. It’s my last night in Istanbul where I was celebrating the New Year so I’m going to try and finish up with the news early tonight and enjoy my last evening here before going home. First things first though and one of the most recent additions to the MNO monitoring list is a promising new long term HYI program called Stanbec.

It’s a fairly uncomplicated and straight forward style of program, and one that’s going to be pretty easy to make up your mind about. There’s no great mystery to it and no real strategy that need be employed by the investor. Stanbec just offers one very simple plan for you to think about and it can be quite profitable in a reasonably short period of time. Assuming everything else works out that is, and the program gets the proper support from members as well as being managed honestly by its admin.

The plan is simple enough. It’s what I like to call a perpetual plan, ie there’s no expiry date. You just deposit once and that’s it. You will continue to collect interest payments either for as long as Stanbec survives or until you decide to leave the program yourself. The minimum investment is $20 which is a bit on the high side compared to most new programs but I suppose it’ll hardly bankrupt most of you and the good choice of payment options kinda makes up for it. Once you’ve joined up and deposited what you then have to look forward to is a daily interest payment of 2.5% made every calendar day from that point on. Maximum spend is $20,000.

So for example, let’s suppose you invested $100. That would result in a daily payment of $2.50 interest for the duration of Stanbec‘s lifetime on the net. Statistically that would allow you to break even after 40 days and start counting everything after that as pure passive profit.

You are allowed to leave Stanbec and claim your deposit back after a 12 week lock-in period. Otherwise you’re free to leave it in situ for as long as you wish to collect a daily payment. I would remind you that by the time the lock-in period has expired you will already have doubled your money so I personally would leave my principal in place. As a monitor I’d be doing that anyway but as a matter of personal strategy I always think that once you have reached the milestone of breaking even then you have nothing to lose by seeing how far Stanbec can take you. But I guess it’s a matter of personal taste and depends on how much of a gambler you are. So consider how much you want to make from your investment and how realistic you think it is to achieve that before setting a potential withdrawal date.

Please be aware of one important thing before joining Stanbec however. I don’t know if it’s deliberate or just a glitch but you will be asked to set a compounding rate when depositing. Nothing unusual there as lots of programs do the same, except this time the rate is from 1% to 50% and not from 0% as is usually the case to accommodate those who (like me) don’t much care for the practice. So compounding is for the moment compulsory for a minimum of 1%.

LibertyReserve, PerfectMoney, AlertPay and SolidTrustPay are the accepted payment processors which is better than most I would say. Payouts are made manually and need to be requested. They’ve been fast enough so far but you are requested to allow up to 24 hours for the admin to have everything processed.

Stanbec has a strong level of DDoS protection by Koddos with hosting on a dedicated Staminus server and SSL-encryption. The script is under licence from GoldCoders and has a built in e-currency exchange mechanism for members only. And if you have any questions for the admin then you can find him by filling in your details in the support form found on the contacts page and submitting it.

If the Stanbec investment plan isn’t all that original (profitable maybe, and effective, but not original) then neither are the texts. Despite claims to be a registered company in Belize the texts on the Stanbec website are pretty much lifted straight from the website of an actual financial planning/advisory company. So I suggest you ignore that side of Stanbec and approach them purely as an online HYIP with the high risk and unpredictability that goes with it. But as HYIPs go it’s still not a bad one and worth a second look if you like longer term programs. And of course it goes without saying that Stanbec is best used as a smaller part of a wider more diverse portfolio and with a modest and affordable deposit.

DAILY NEWS FROM THE INDUSTRY.

As you might remember I was quite skeptical on my blog earlier regarding the possibility of InvestPlatforms to come clean with their story with AlertPay (which as they’ve done many times with HYIPs) froze the account and therefore no deposits could be accepted and no withdrawals could be paid during the last few days. It looks like the administration of InvestPlatforms proved me wrong by having some determination to defend their good name and credibility they had among their members. They even submitted a complaint regarding that to the Better Business Bureau that AlertPay has been complying to. And finally InvestPlatforms won! Yes, that’s a great victory over such a bureaucratic machine as AlertPay which was lost by many other HYIPs but won by InvestPlatforms. And I would like to heartily congratulate to all the members of the program on this victory and the resumption of AlertPay deposits and withdrawals into any of the investment plans offered by InvestPlatforms including 1.2%-2% daily variable for 120 calendar days (principal back) and various monthly plans discussed in further detail in the review of the program published on MNO here. This is the latest newsletter from InvestPlatforms sent to its members today and informing about the AlertPay issue:
“Dear Admins,
This is a courtesy note that our dispute with AlertPay has been resolved and updates can be found in our news section.
ALL ALERTPAY DEPOSITS AND WITHDRAWALS WILL RESUME WITH IMMEDIATE EFFECT.
We are sorry for the inconveniences caused and on behalf of InvestPlatforms management team, we thank you for your kind support and patience.
We hope for your continual support and for some admins whom have not updated our payment processor list, we hope that you will add AP payment logo to our listing on your monitor site.
We wish you all great success and a happy new year in 2011.
Best Regards, John Rona. General Manager. InvestPlatforms”.

I had an idea which I discussed with Christopher, the admin of the most popular autosurf program now SureFireSurf. So we agreed that MNO blog will be publishing not just a regular interview as usually done with HYI programs listed on my site but rather a full question and answer session where you will be able to submit your own questions within the next few days. I’m aware that SureFireSurf is an extremely popular program right now so I figured it would be beneficial for the investors to have an opportunity to ask Chris what they want to know and what they want others to know about the program. So if you’re interested please send your questions to my email address abramsonp@gmail.com to be included in the upcoming interview. At the moment SureFireSurf is doing quite ok and it looks the program has fully recovered after its downtime a few days ago and its subsequent move to Dragonara servers. SureFireSurf keeps developing and in the latest updates the admin of the program puts special emphasis on the advertising options which other HYIP admins and promoters could utilize by purchasing advertising on the site with over 3,000 members in addition to the exposure of their sites during the regular surfing routine. I guess this income stream will be a good addition which will help SureFireSurf to some extent to sustain payouts to the investment plans currently on offer: 10% for 12 days (surfing plan), 8% for 15 days (non-surfing plan), and 144% after 12 days (surfing required). As I specified in my review of the program (published here) on two plans you have to surf 12 sites per day in order to earn your daily rebates while on one you can simply withdraw your profits daily without surfing. SureFireSurf accepts LibertyReserve, PerfectMoney, AlertPay and SolidTrustPay and one ad unit costs $5. Currently the popular social networking site accounts have been added for – namely Twitter and Facebook. The links to the pages were given by Chris in today’s newsletter from SureFireSurf along with the information on how the existing members can earn their share of advertising profits received from its advertisers. Please read the full newsletter below for more information on this:
“Hello! I just wanted to inform everyone that you can now follow SureFireSurf on Twitter and Facebook! Our pages will be updated all the time with the current activities at SureFireSurf!
Follow us on Twitter: http://twitter.com/surefiresurf
Follow us on Facebook: http://facebook.com/surefiresurf
We’ve also added more monitors on SureFireSurf! Please vote on them for SFS at the following page: http://surefiresurf.com/rateus.php
Our advertise page has been updated. You can also buy advertising credits for your sites in rotation. Visit http://surefiresurf.com/advertise.php .
Do you want to make extra money? Refer our advertising services to interested advertisers, program owners, business owners and whoever you think is interested in advertising their sites on SureFireSurf, and make 10% of the advertising package you sell. Just direct them to our advertise page http://surefiresurf.com/advertise.php and tell them to inform me that you referred them to SureFireSurf. I will need your e-mail address info or user id # info to know that you referred them.
Thank you for your time reading this update. Add us on Facebook and follow us on twitter today!
Christopher Linton”.

Another Christopher – the admin of DollarCommerce – announced that the program will have a 5% deposit bonus which will be credited to those members who deposit $500 or more using LibertyReserve to one of the following investment plans with payouts on expiry – 106% after 3 days, 115% after 5 days, or 140% after 10 days. This announcement put an end to the bonus previously offered to the same amount of deposits made to AlertPay – another payment processor also accepted by DollarCommerce along with PerfectMoney. The admin of DollarCommerce promises some more pleasant surprises soon and I think he’s quite serious about making his program the best as he recently extended the banner placement which I have on top of my blog for another month so that it expires in the beginning of March now. So I guess he has a long-term plans regarding his program and I hope he will be able to implement them and make his program one of the most popular online. This is the latest newsletter from DollarCommerce (reviewed here) which I just received a couple of hours ago:
“Hello, just a quick update from DollarCommerce.
I hope you’re having a good weekend so far and you’re enjoying it as much as DollarCommerce! The program has been operating successfully for 26 days already which is not a bad achievement at all. Lots of bad programs appeared and lost while we’re still here and doing strong.
Last time we had a Special Christmas Deposit Bonus which was applied only for deposits made through AlertPay. Now I would like to announce that we’re launching another bonus program and this time it’s available for those who prefer to use LibertyReserve.
The offer generally is the same – invest at least $500 through LR and you will receive a bonus of 5%. This amount will be credited into your DollarCommerce account balance, therefore is available for deposit or cashout. This is available starting from now and during the next week.
We’re looking forward to implement more interesting features soon.
Please do not hesitate to contact us if you have any questions regarding DollarCommerce.
Enjoy your stay with us, Christopher Baker”.

I am aware that many members of GorgonProjectInvest are quite concerned regarding the future of the program as it looks like the server issues are still ongoing and the site which appeared to be online for 3 hours this morning suddenly went offline once again. Their hosting provider BlockDos is doing its best to get them back online but it looks like they haven’t managed it just yet. The admin of GorgonProjectInvest though assured me that it’s not the end of the program at all and that he would do everything to save the project that he spent so much time and money on. I don’t think that he will find any more reliable service that the one provided by BlockDos but for now we can just sit and wait until the site is back online. Of course I will update you on the situation with GorgonProjectInvest on MNO every day as we keep in touch with the admin of the program on the regular basis. I also hope that it will be online pretty soon and since it’s a low-ROI program I don’t think it will be affected too much by even two days of downtime. Here is the latest update I received the admin of the program Paul:
“Well, we were back up and running for about 3 hours and then the problem returned so we are still offline while our hosts try to fix our server.
I realise its not acceptable, but in the meantime we need to get back on line so its just a waiting game until we can return. I can assure you and your readers that we are trying our best to get back online and will update you as soon as we have some news.
Please try to pacify any worried investors and be absolutely assured that we are here for the long term and this is just a little blip on our long term plans for the future.
I am livid and really beside myself with anger as we have spent so much time and effort on our project only to be let down by our hosts.
I will send more updates when we get them. I will let you know whats happening in a few hours.
Best regards. Paul”.

I have been paid today by the following programs listed on MNO monitoring:
Stanbec (the first payments processed), SureFireSurf, AllianceAdvantage, RevenueBuild, YesInvestment, GainBucks, AssetManagement, FutureTrails, Finansima, PandaTrade, TerraProfits, EasyCashGrowth, BetBankFund, AccessTomorrow, DollarCommerce, FelixFunds, PrimoEarnings, FxEconomy, PrestigRev, and Escaliva (the first payment processed).

Escaliva is a new program that just launched today and it’s a short-term one with instant payouts to LibertyReserve (the only accepted payment processor) and minimum deposit of $20 allowed. Depending on the amount of your deposit with Escaliva you will get from 2.8% to 5.6% daily for 7 calendar days. So the total return could range from 119.6% to 139.2% which can be higher if you use the compounding option which is also available. Of course the daily returns do not include your principal which will be paid on expiry, i.e after 7 days. Escaliva is running off a licensed GoldCoders script but I rather dislike the fact that it’s hosted on a shared server by Leaseweb without DDoS protection. The admin of Escaliva though notified me that he didn’t believe in the effectiveness of DDoS protection from reliable hosting providers and therefore decided to save on that. We will find out if that was a wise move or not soon enough but apart from that Escaliva is quite a decent program though with quite a limited choice of payment options (or rather a total lack of choice). The detailed review of Escaliva will be published on MNO tomorrow so stay tuned for that.

I hope you are having a great Saturday night and looking forward to Sunday as well. As for me, I’m returning to Israel tomorrow and am looking forward to getting back to the sunshine and 20+ degrees Centigrade instead of cold and wet Turkish weather. I still liked it here though and spent an unforgettable New Year holiday. But it’s time to concentrate on my blog now and finally implement the long anticipated chat which will be launched in test mode within the next few days. Please don’t forget to vote on my poll which is still running and will be concluded by tomorrow and vote for MNO on the e-CommerceJournal poll as The best e-Commerce blog of 2010. I’m sure MNO will be the winner again this year with the help of my loyal readers of course. Tune it tomorrow for more news from the industry and always stay on the money with Money-News-Online!