Beware! VertexPay has stopped paying! Do not invest there!

Hi guys! After a couple of days in Tampere which was quite a pleasant area with some nice lakes, forests, and islands around it to explore I’m now on my way to Turku until the weekend. It won’t be long before the vacation is over and I’m back home again, so I’m making use of the free time on the train (Finnish trains have an excellent free wi-fi system which is very impressive) to catch up on the news and events from the industry. I must say it’s a very nice atmosphere to work in, and comfortable too. So anyway, before the news I want to take a closer look at yet another of the shorter term programs added to the MNO monitoring page called VertexPay, which is brand new and only online a couple of days. So if you’re interested in this style of HYIP there might be something you like in VertexPay, so read on an at least take a closer look.

There’s only two plans to chose from, though keep in mind that if you like both of them and assuming you can afford it then there’s nothing to stop you splitting your investment between them. I would imagine the first one will be the more popular choice however as VertexPay only require a $20 minimum to join. It’s called The Premium Plan and it runs for 22 calendar days. During that time you will be able to withdraw a 7% daily interest payment from your account. Your principal is factored into these payments already and so will not be returned on expiry. So by the time the plan expires you can expect to have accumulated a 154% total return, which in other words is your own money back plus a net profit of 54%. I can’t say how long such a plan can be sustained (that’s going to depend on the steady growth of the program, and that’s not something easily predicted) but it will take you 15 days to break even, so that’s all you really need to worry about. VertexPay‘s maximum spending limit is $20,000 here by the way. Just in case you’re feeling particularly generous, lol!

I must say there’s a slight touch of nostalgia off VertexPay‘s second investment option, the so called Royal Plan. This one basically resurrects one of the old industry standards, a plan that has proven to be solidly and consistently popular with short term HYIP players for a number of years now. I mean it’s not always been successful every time we see it – generally down to crooked admins – but when handled by a good pro it can be a hit. Unfortunately in this case VertexPay have decided to slap a big minimum deposit price tag on it which may in fact considerably slow down what might otherwise be a popular pick.

But anyway, let’s look at the numbers. The plan runs for a 12 calendar day duration, and requires at least $250 to join. The term runs for 12 calendar days, during which VertexPay offer a daily interest payment of 12%. This will again include your initial principal so don’t expect that to be returned at the end. So by the time of expiry your total return comes to 144%, or your own money back plus 44% net profit. Now, that may not look as profitable as the first option at first glance, but what you have to keep in mind here is how much faster you profit, and that of course is the real advantage.

Not only do VertexPay keep the investment plans simple, straight forward, and easy for even the newest industry members to understand, they compliment them with a good choice of payment processors. As well as the old industry standards like LibertyReserve and PerfectMoney, you’ll also find a higher quality provider in SolidTrustPay which will always benefit the program as a whole by attracting the bigger more serious investors. And of course the admin also benefits by being taken more seriously by those same investors. Payouts are made by the admin manually and so that involves you logging into your VertexPay account and making a withdrawal request. Once you’ve done that you are asked to allow a maximum of 48 hours for the transaction to be fully processed.

As for the design and security of the VertexPay website, it’s running on a shared server, though only sharing with one other website. In this case it’s a HYIP related forum, so less likely to attract the same level of attacks as an actual HYIP site itself. DDoS protection is provided by Koddos and the website is using SSL encryption. If you need to get in touch with the VertexPay admin with any further questions or account related issues then you may do so by filling in the online ticketing form found on the contacts page and submitting it.

The content of the VertexPay website, ie the texts, offer as experienced players would probably expect by now next to no real information on what goes on behind the scenes at the program or who its owners are. A couple of multi-purpose expressions like the “global financial market” get dragged out as online HYIPs are prone to do, but nothing really tangible you can go check up on for yourselves. In other words VertexPay is a totally anonymous online HYIP so you as the investor need to behave with the same degree of caution you know is warranted here. And that means never spending above a strictly enforced limit that you know you could comfortably afford to live without, and keeping any deposits in VertexPay as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

LUXURIOUSFINANCE – A NEW INVESTMENT PLAN ADDED

For some strange reason the admin of LuxuriousFinance (his program was reviewed on MNO here) has added a new investment plan today paying 25% for 5 calendar days with minimum deposits starting from $100. The thing is that not only did it happen within the first days online but also it renders the other plan paying 22%-24% for 5 days pointless. Having two plans together where one pays higher returns than the other is apparently either a miscalculation by the admin or a deliberate attempt to get more money before closing. Also if you have at least $100 in your SolidTrustPay, LibertyReserve or PerfectMoney accounts and would like to join LuxuriousFinance it hardly makes any sense to put it in the other three plans paying – 4%-6% for 30 days, 10%-12% for 14 days, 20%-22% for 6 days. Here’s the announcement made by the admin after adding the new plan on the website:
“NEW PROGRAM ADDED
HELLO DEAR CLIENTS NEW PROGRAM ADDED DAILY 25% FOR 5 CALENDER DAYS
MIN DEPOSIT 100$ AND MAX DEPOSIT 8000$”.

Whatever this addition of that new plan is supposed to mean I can admit that LuxuriousFinance finally started paying faster and yesterday it was the first day I had not to remind the admin about his obligation to pay withdrawals faster and within 12 business hours term as specified on the website. More on that – LuxuriousFinance has extended its Sticky listing on MNO for two more weeks yesterday and also purchased a couple of banners on my monitoring page. I was hoping that it was a good sign, but after the sudden addition of the new plan I’m not quite sure about that. Let’s just wait and see how the things will develop in LuxuriousFinance for the next few days!

TREXFINANCE – PAYZA MANUAL DEPOSITS ACCEPTED AND MNO REVIEW ANNOUNCEMENT

Good news from TrexFinance today as just after the review on MNO was published last night (click here to read it) the admin found time to issue the first newsletter officially announcing manually accepted Payza deposits, which becomes the fourth payment processor after SolidTrustPay, LibertyReserve and PerfectMoney. To deposit via Payza one should follow the instructions from the admin in his newsletter posted below:

“Payza Desposit + MNO review
Hello TrexFinance members!
Updates: Due to public demand, we are going to start accepting PAYZA Deposit manually.
Please follow the said deposit instruction below,
We have start accepting Payza Investment Manually
How to Invest Via PAYZA Manually
1. Send Your Investment Directly to our Payza Account trexfinance@yahoo.com
2. Put in the Memo Field Your USERNAME and INVESTMENT PLAN
Example Username: trexman Plan: Bronze
3. Send us an email to payza@trexfinance.com with your transaction details in your PAYZA deposit, Send only ONE (1) email / Transactions.
TrexFinance has been reviewed by Money-News-online, you can read it here:
http://money-news-online.com/blog/2012/07/10/10072012-trexfinance-review-and-daily-news-from-the-industry/
Thank you for being part of TrexFinance!
Timothy
TrexFinance Team”.

I appreciate the admin of TrexFinance posted the link to the MNO review of his program and hope that it will bring more investors to his plans offering 7% for 21 days, 10% for 15 days, 18% for 8 days.

KISNP – PENDING PAYOUTS PROCESSED

Just last night I reported possible delays from payouts by KISnP connected with the fact that the admin Zepp (interviewed here) was away from home and that the internet connection wasn’t great. Well, today I can confirm that payouts requested yesterday were completed, but Zepp also took time to issue another newsletter reporting how the things were going with his business meetings he is trying to attend and warned payouts might be processed slower than usual for a couple of more days until hegets back home. So, excuse him for that and see more details below:

“Important Update 2: Payouts
Hi members,
Finally I was able to process all pending requests.
I am thankful that the management of the hotel I am staying at gave me a better connection by allowing me to use their main internet connection for a few minutes instead of the one for customers only.
Of course it is my priority to exhaust every possible way first before I gave up and just go home so I can do my job and send payments to our members.
The truth is, I still have 2 more days to attend business meetings with potential clients for our main business and this is also an important matter because this will help in making KISnP a very stable program with good source of reserve funds.
I would like to say thank you for your patience and understanding.
And would like to still request for more patience and understanding for this 2 more days I am still going to struggle to get better connection while I am still away from home but rest assured I will do my best to process payouts within the given time frame.
Please also help me by praying that I close this big deals I am working on.
God Bless us all.
Admin, Zepp
KISnP”.

A full review of KISnP can be read on MNO blog here. I just wanted to note that since being introduced SolidTrustPay and Payza became two other payment processors accepted by KISnP in addition to the originally available only LibertyReserve and PerfectMoney. The daily plans were also a bit modified since the original review was published and now they pay 4.5% for 50 business days and 3.75% for 80 business days. The other three investment plans have no expiry date and offer a possibility to withdraw the original principal after the lock-in period of 150 calendar days. They pay 1.1% per business day forever, 6.25% weekly forever, 30% monthly forever.

INTERNATIONALFOREXLLC – STP PAYOUT DELAYS

InternationalForexLLC (reviewed here) was among many programs whose payouts to SolidTrustPay were delayed due to the unannounced downtime happened today within a few hours during which STP website was unavailable to everyone. Here is the update the admin of InternationalForexLLC sent out to all the concerned members today:

“STP Withdraw request status
Hello, All withdraw by STP will process in next time, because solid trust pay website is out of access or very slow now.
Thank you for choosing InternationalForexLLC. Do not hesitate to contact us if you notice any discrepancies in this email or have any questions.
InternationalForexLLC”.

At the moment, I can confirm that SolidTrustPay site is back online and I have received my regular payout from InternationalForexLLC and other programs from my list using this payment processor. So there is nothing to worry about anymore. I would just like to remind you that InternationalForexLLC is accepting LibertyReserve, PerfectMoney and Pecunix alongside with SolidTrustPay into the only available investment plan paying 1% for the duration of 180 business days with the principal return on expiry.

GET PAID REPORT FOR 11/07/2012

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list:  GlobalOilFund, EWFund, LuxuriousFinance.
From MNO Premium list: NewGNi, SilverStructure, OneInv, InvestForia, EurexTrade, ProfitableSunrise, BensonUnion, FelminaAlliance, MetalROI, DividendService, PlexCapital, PrimeXCash, RealityProfit, KISnP, Ivecon, ExpertKapital, VertexPay, TrexFinance, FinoPro, SafeRisk.
From MNO Standard list: UFOWin, InternationalForexLLC.
From MNO Basic list: WinWinBet, HedgeCapital, PerfectLottery, HippoWin.

That’s it for tonight guys, but there’s gonna be more tomorrow so tune in for that! I’ll also be looking at ExpertKapital in closer detail, so for more information about that don’t forget to tune in and read MNO tomorrow. See you then!