Finally this nightmare with LibertyReserve is over and it’s almost back on track. Almost because there are still some glitches in the system but LR is definitely on the way to a full recovery. This is the latest update from their site: “We finished testing the main web site protection. SCI and API protection testing will be completed within 24 hours.”

At the time of writing I guess SCI/API works correctly and you can easily make deposits and request withdrawals from every program using LR. For example, I made another successful deposit in Tradelite today in the 20 day plan and it was credited instantly.

I strongly encourage you to read my Tradelite review here and make your own informed decision. The program is really almost perfect and it’s highly unlikely that you will find another such secured and original program online. Of course the major drawback for many investors would be the high minimum deposit ($50). But if you consider the attractive plans (118% after 20 days, 147% after 40 days and 194% after 60 days) and the possibility to break the contract and get your money back before your term matures you will find out that Tradelite is worth the risk.

Tradelite is surely here for the long haul and last night the admin issued their first May newsletter fully packed with important updates and big plans for the future. I would like to publish it on my blog without many short-cuts as in my humble opinion the newsletter really deserves your close attention as it outlines not only Tradelite‘s achievements but also tells us about their future plans.

“I. Introduction

First of all, for those who have not been in contact with me yet, my name is Martin Mitchell and I am the Project Coordinator of Tradelite Online Investment Platform, the online division of Tradelite Finance Corp.

Briefly, my job is to manage the day-to-day operations of the department which include but are not limited to:

– Monitoring of new, current and expired investment contracts;
– Supervision of investment and withdrawal transactions;
– Cash-flow management between our brokerage and our online accounts;
– Platform development coordination;
– and last but not least, I assign and also complete some of the support related tasks.

II. Brief Trading News

As reported previously on Tradelite (April 16th), our derivatives traders realized significant gains on oil futures bought at the beginning of 2008. Oil prices reached new records as speculators and investors were buying oil futures to hedge against the weakened dollar, in addition to supply concerns from Opec members Nigeria and Iran. Further energy related profits were realized on gasoline futures which rose sharply on Nymex.

Another key trading success of our Trading Dept. for past month is the prediction of the short-term comeback of the US Dollar against the Euro. Through safe margin trading, one of our Forex traders made a 28% gain in just one trade.

III. Platform News

Our online platform membership has experienced a steady and healthy growth in April. The active accounts (those with at least one active investment contract) represent 78.63% of all investment accounts. 34.37% of all new accounts were created using the invitation link of an already existing account.

The average investment is $108.65 and 42.48% of all portfolios consist of 20D contracts in comparison to 27.98% for 40D and 29.54% for 60D contracts. We assume that the preference for short-term 20D contracts is due to the fact that our online platform is quite new, but we predict that more and more investors will switch to 40D and 60D contracts in the future. 72.76% of all expired contracts in April resulted in a reinvestment of an equal or greater amount.

IV. LibertyReserve Downtime

Between April 30th and May 5th, our main payment processor LibertyReserve was down due to a severe DDoS attack on its servers. During the downtime, which lasted around 5 days, we were not able to complete any investment or withdrawal transactions. This downtime also caused certain cash-flow problems related to the transfer of funds between our brokerage and our online accounts, but they were all sorted out and all pending transactions were processed once the LibertyReserve system went up on May 6th.

We are currently in the process of considering additional options which will allow us to diversify the payment processing methods on our investment platform.

V. Platform Development

As you may have read in our news section (April 30th), our online platform experienced a short downtime due to the installation of additional firewall filters which optimized our platform security.

I would like to inform you that such downtimes do not affect in any way our trading operations and investment income will always be credited as scheduled in your investment contracts.

VI. Upcoming Features

– Payment processor diversification
– SMS Advanced Login Authorization
– Translation of Tradelite in 5 additional languages

As part of our transparent operations policy, this is the first of many newsletters you will receive from now on as member of our investment platform. Our informative newsletters are aimed at providing you with a summary of our monthly operations.

I would like to use the opportunity to inform you that I am always happy to answer your queries, because as Bill Gates said: Your most unhappy customers are your greatest source of learning.

If you need my assistance or have any suggestions, please do not hesitate to contact me at any time using any of the methods available on our website.”

Other news for today.

There was a big sigh of relief today for many HYIP investors as LibertyReserve finally began working again which allowed many programs to pay all their pending withdrawals. For example, I received all my 7 (!!!) pending withdrawals from SmartDeposit. Recently the program also started to accept Pecunix in addition to LR and AlterGold. I remind you that SmartDeposit has one investment plan of 2.98% for 60 days and is hosted on a BlackLotus secured site. If you want to find more details you can read my review of the program here.

Although another program, UltimateHYIP, hasn’t processed the pending withdrawals to LR accounts, the admin explained that he’s still having difficulties with the automated payout interface: “We can access LR now without any problems and this is a big relief after a week of uncertainty. However, as posted on the LR blog, there are still issues with their SCI/API interfaces. That means we cannot process our LR payout backlog and new deposits are not added automatically to our system. According to LR this issue should be resolved within the next 24 hours and we hope that we can offer all of you a flawless operation as we did in the past six months.”

12Daily.Pro admin is also working hard to get things back on track. Though his program also accepts both e-gold and AlterGold the LR referral payouts also started to pile up. But he managed to work things out and here’s his update: “The LibertyReserve payment processor is still working very unstable, but it is accessible from some parts of the world. That’s why we managed to process pending LR referral commissions manually. You can also upgrade via LR should you be able to access it and if your upgrade does not show up in your 12D account, submit your detailed transaction information (date, amount, batch, etc. ) and we will add it manually. We will also try to process any outstanding payments manually, which seems to be the only secure option for now.” Also 12Daily.Pro website was down for some time and this was caused by some technical problems with their hosting. Now 12Daily.Pro website is working fine and you can make your upgrades!

The admin of LRStream sent the update today where he stated that after several failed attempts he couldn’t reach the SCI interface so the program is still in limbo. Though the program accepts the deposits the withdrawals are not allowed. Taking these facts into consideration I would not advise you to make fresh deposits in LRStream. It might be better rather to wait till the admin finds an appropriate solution to continue the program. I will change the status of LRStream to “Waiting” on my monitoring page and will not change it until the withdrawal button is open.

Although I received another (8th) payout from Dreab today the website seems to be unreachable now. The admin Mark doesn’t know the reason for the downtime yet but he’s already contacted the hosting provider and is now awaiting the reply. I will update you when the site is back online.

Remember I told you last night that the staff of AcmosTrade asked me to return them the funds that they had sent to my LR account by mistake. Well, I’m glad to report that the case is closed now and I’m officially free of debt after I sent them the money. I was paid again today and of course I can’t stop recommending AcmosTrade to you which is undoubtedly the hottest low-ROI program now. If you want to know why then just read my interview with AcmosTrade CEO Jack Williams here and you will know what I’m talking about.

In the end I would like to share with you my joy and excitement as today I was announced the best promoter of iNetCapital for the month of April. I was sent some cash bonus from the admin Stephen. But that’s not the most important thing or the main reason why I’m so happy. Mostly I’m happy because it seems I finally found a real program that is here for the long haul. And it’s iNetCapital. With almost 2 months online and more than $17K in payouts iNetCapital keeps growing and growing. Even the last unfortunate LR outage couldn’t stop it. I hope with such stable rate of 18% for 6 days and such a proactive admin as Stephen, iNetCapital can exist for a very long time and all the members will benefit from it. The recent endeavor from Stephen: he wants to create iNC team of promoters that will help the program to grow and will receive certain benefits from it. More details about it will follow in the next newsletter but for now I will let you read the most important recent news from iNetCapital‘s website:
“LibertyReserve seems to have finalized their new & improved DDOS protection system & their site is now accessible for most members that I have talked to. Their SCI function is also active now so deposits to your iNC accounts will credit automatically.
All pending cashouts from May 5th & 6th have been paid! Thank you all for your continued support. Please keep in mind that despite the issues LibertyReserve encountered over the weekend, our payouts are on schedule now. Unlike other programs we are not behind in payments processing & our staff has not stopped working. This is due to our stability & fiscal strength. You can rest assured that your deposits with our program are accounted for & will be paid & we thank you for your commitment to us as we are committed to you!
I would like to see some more participation on forums if at all possible. We have paid out thousands of dollars yet very few of our members take the time to post or at least share their testimonials on monitor sites. We won’t force you to do this of course; it is your choice entirely. But we do appreciate it & do issue small bonuses to the cashouts of members that we see are active, so keep that in mind when you have a moment or two to spare online, put in a good word for iNC!
I will soon start publishing payment screenshots to show just how consistent iNC is in our payouts & making our members our top priority. Unlike other programs we are in constant positive cashflow & continue to expand our liquidity. We too hope you will make us a priority in your promotions efforts. Every member’s individual effort goes a long way to taking iNC to the top!”

Please DON’T overlook iNetCapital as it will surely be huge very soon! And there are no obstructions on the way now when LR is fully back online. If you want to read a good strategy how to make more than 145% in a month’s time from iNetCapital by indirect redepositing please refer to my article here. And if you want to read the interview with the admin Stephen you’re welcome to read it by clicking here. See you tomorrow on my blog!