Hi, guys! There is so much news to report from the last couple of days my head is almost spinning! Since I decided to update my Top 12 Recommended list today on my monitoring page I decided to tell you the latest news from these programs. I hope it will be interesting for you guys, but remember the positions of every program are changing frequently. Sometimes almost on a daily basis. Lets’ start with the leader still #1 on my list – MegaLido.

#1. Being online for only 6 weeks MegaLido managed to attract more than 3,200 members which is a very great achievement in such a relatively short period of time. MegaLido is definitely way ahead of its main competitors and is the leader of surfing programs. I hope it will be crowned as the best autosurf of 2008 soon. Michael is a hard-working admin for MegaLido and he really deserves for his program became the best in the autosurfing industry (you can read my interview with him here). But his achievements and plans outlined in his latest weekly newsletter are really breathtaking. Just read the update to understand what you’re missing if you’re still not a part of the MegaLido 144% money-making machine:

“The first thing I want to tell you on this weekly update is that I have just hired an assistant, his name is Andy and I’ve known him for a long time, he will help me with some duties the program requires and his help will save me some hours per day, please welcome Andy to the team.
Both promotion and activity contests winners will now be announced without any delays, on the specified time we promise.
The project is doing amazingly well, I’m coming up with several ideas to make this program even better than it is now, I have big faith on MegaLido and most of you are showing the same.
I’m finishing a few things but soon MegaLido will have a money exchanging system with very low fees for our members to exchange their money, it will be very easy to use it.
By the way, our server has been up for 100% of the time since it was attacked, it is much stronger and secure now, your data is completely safe.
MegaLido is a shining star on the autosurf industry, there hasn’t been a solid and serious project like this for months and months, but now we are here, smart and strong.
There are new programs imitating us every day and I thank its owners for that, even though I believe in hard work and not in luck, I wish them the best luck with their programs. When something is the best one, people try to imitate it and I only see on the positive way, positive thinking is the key to to success, not only in business.
Life is more important than any business and money, so while you enjoy your money, don’t forget to live too. MegaLido has been changing my life into something much better than it was before and the only thing that lead to this success was hard work and faith. I hope you all have the same feelings and if you do, there’s no way you will feel bad.
Thanks for being an important part of my life and don’t forget to live, do what you want to do and go where you want to go, no matter how long it takes or how far it is.”

#2. After receiving another interesting newsletter from Tradelite I decided to move the program up my list and promote it to #2. Honestly, guys, I’m feeling rather comfortable as a member of Tradelite. It’s a feeling of safety and stability which I can tell you doesn’t happen to me too often. I remind you that Tradelite has been paying since May 2008 and is offering three main plans with payouts on expiry and instant withdrawals (118% after 20 days, 147% after 40 days and 194% after 60 days). As I already said I feel secure and that’s why I’m in the 60 day plan now. Today’s newsletter only re-enforced my view that Tradelite is undoubtedly the best and largest HYIP now which is highly recommended to all my readers (read my review of Tradelite here). So here’s the newsletter which made such a big impact on me and hopefully will make you join this great program if you’re not a part of it yet.

“It has been more than four months since our last newsletter. Tradelite has evolved a lot since May 2008 when our online venture was still quite new. For most of you, this will actually be the first newsletter you have received from us. It will briefly summarize our activities during the past few months and it will also give you an idea about our great plans for the future.

I. Platform News

Our membership count has been experiencing a healthy growth during the past few months and we did not really see any slowdown during the summer period. The active accounts (those with at least one active investment contract) represent 73.12% of all investment accounts. Let me remind you that our accounts are obligation-free, which means that there is no time limit for your active participation into any of our Investment Contracts.
44.91% of all new accounts were created using the invitation link of an already existing account. The increase of this figure has once again proven that the word of mouth is the strongest and most reliable marketing campaign. The pay-for-performance model of our Invitation Program has been very successful thus far. Please note, however, that once we reach a satisfactory level of membership, we would have to gradually decrease the commission rates paid by our Invitation Program. Our projections show that this should happen in January or February at latest, 2009.
The average investment figure has soared to $712.98 from $108.65 back in May. 22.76% of all portfolios consist of 20D contracts in comparison to 36.50% for 40D and 40.74% for 60D contracts. These figures are a clear sign that most of our members have shifted to larger investments in contracts with longer investment terms. The re-investment rate has been 66.83% on average, which is a slight decrease from our previous figure, mainly due to our current maximum investment limits, which do not allow most of our members with larger investments to re-invest part of their Investment Income.

II. Payment Methods

Back in May, we worked with LibertyReserve (USD) only. We have become a lot more flexible since those days. Today, we accept LibertyReserve, StrictPay, PerfectMoney and AlterGold. We have also provided Direct Bank Wire Transfers (for both your investments and withdrawals) based on our free-of-fee guarantee. In addition, you have the option to carry out your transactions with us using two major currencies – US Dollars and Euro.
We are currently looking to expand your payment options by introducing direct Visa/MasterCard credit card transactions. We are already in discussions with two major credit card processing companies and we hope to be able to close a deal in the near future.

III. Tradelite Debit Cards

Since June 2008, we have been offering Free Tradelite Debit Cards to our platform members. We initially started with Visa-based debit cards, however due to privacy and mainly due to tax related reasons, most of our members have opted for an anonymous debit card with lower fees. Nevertheless, the new card can also be used at 98% of the cash machines and stores where Visa cards are normally accepted. Besides the free delivery to your door, withdrawals from your Tradelite account to your debit card are free of charge and are processed within 1-2 business days. Our cards come with a separate online card management account, where you will be able to track your card transactions.
For more information on our card offer, please visit the Tradelite Debit Card section within your Tradelite account.

IV. Brief Trading News

I would like to address some concerns regarding the performance of the Trading Department of Tradelite Finance Corp. during the recent changes in the financial world.
You are probably aware of the recent market turmoil which hit all major financial markets, even in the emerging economies. One of the main reasons for the failure of a company, which became familiar to Bear Sterns and Lehman Brothers recently, is when it cannot fulfill its short-term obligations – which is called a liquidity problem. Each Investment Contract is an obligation of Tradelite Finance Corp. to you as an investor. We have dedicated a whole offshore portfolio to Sell-Short positions which become profitable once the prices start falling. Most of the time, our returns exceed by far the returns we pay out. In addition, we allocate a portion of our earnings to a reserve portfolio consisting of less volatile instruments. These reserves are used to pay out part of our obligations to our investors in case of a trading period with smaller returns. Your returns are fixed, so you should not be worried about our trading performance. Our in-house Value-At-Risk hedging strategy has allowed to us to make very wise investment decisions a priori to market downturns. Risk mitigation has been one of the strongest sides of Tradelite Finance Corp.

V. Platform Development

We are currently working on two minor and one major upgrades of Tradelite Online Investment Platform.

Minor Upgrades

– You will soon be able to make instant exchanges between different available balances, so you can minimize your fees by dealing with only one payment processor;
– Another feature will give you the option to instantly receive an SMS to your mobile phone each time there has been a change in your Tradelite account balance.

Multi-language Platform

The major change, which should become reality by the end of the year, will be the introduction of a multi-language platform in 5 languages. This upgrade will also include multi-language support. We have already completed the French and the German versions and we are working on the Spanish, Hindi and Mandarin.

To conclude, I would like to add that if you need our assistance or have any suggestions, please do not hesitate to contact us at any time using any of the methods available on our website.”

#3. Despite some problems surrounding the program at the beginning the admin of AggeroInvestment Roger (read my interview with him here) managed to prove his administration abilities to run a successful and stable program offering a moderate return of 8% for 15 days of surfing. The only thing that has prevented me from promoting the program further in my list is that AggeroInvestment site was not hosted on a dedicated server so DDoS-attacks could interfere with its future success and stability. Now that the site is hosted on a dedicated server there will no obstacles for sure. This is what Roger said about this issue yesterday:
“AggeroInvestment is back online! Me and the hosting provider’s admin decided that the best way to prevent this (and future) downtimes is to move to a dedicated server already. This was my plan from the beginning, if and when downtimes happen.
Currently, the server transition is ongoing, the site may slow down at times or go offline for some members, this is all normal. Just try again at a later time. Full transfer and propagation might take up to a week.”

But another exciting update came from Roger today. There are some quite ambitious plans for the future of his program. I should let you read the newsletter as a whole on my blog to see how great the plans and promotions prepared for the members of AggeroInvestment (so don’t miss your chance to join this program):

“I hope you are all having a wonderful day! I have some major announcements on this newsletter that I can’t wait until Friday to send this out. I hope you read it in it’s entirety as you do not want to miss some of the news I will reveal.

First of all, I would like to thank you all for you support. We are stronger than ever! Funds have been coming in regularly and we are gaining the trust of many members putting in the big amounts. Outside investments are also gaining grounds and making us good profits. There will be no stopping us now!

Secondly, pay attention as these are the important announcements:

– FIRST MONTH ANNIVERSARY – it is our first month anniversary on Saturday, Sept. 27th! Congratulations to all members! Some of the announcements here will start on that day as our gift to all of you.

– LIVE HELP SUPPORT – if you’ve noticed on the main page (and all the other pages), there’s a new Live Help icon on the right menu. This is one additional way for us to communicate with you better. If you need immediate help and want to chat with a support representative (usually me) then I will be online between 1-3 PM server time Monday to Friday. Or anytime that it says ONLINE. If it says OFFLINE then you can use the form to send me a support email (or just to say hi) much like using the support form. Soon, as the program grows, I will add more support reps to take care of your issues.

– LANGUAGE TRANSLATION – We’ve just added a French translation of the menus for all our French customers. English and Italian has been there since the beginning, if you haven’t noticed. We might look for Spanish and German translators within our community. If you would like to help in translating then email me using the support form.

– MINIMUM DEPOSIT – Minimum deposit will be increased from $1 to $3 on all processors. Adpacks are still $1 each and you can still purchase one adpack. This is effective today.

– PAYMENTS ARE ON TIME – All payments are way earlier than 24 hours including the weekends. We have enough funds to settle all requests as I see it without waiting. As of this moment, there are no pending requests. AND now for some great news…

– INSTANT PAYMENTS – LibertyReserve deposits will be paid INSTANTLY starting Sept 27th. Meaning, when you put in your request, the system will pay you automatically and should arrive in your LR account instantaneously. AlterGold will follow soon, we will just wait for them to get their acts together. Unfortunately, SolidTrustPay doesn’t allow instant payments so I will still pay for them as I see it.

– PROMOTION – I promised a promotion for all our loyal upgraded members. Well, here it is! Starting Sept 27th, we are going to add a page on the site rotator that can win you 10% of your total active upgrade at that time. There’s going to be 10 lucky winners (sorry but you can’t win twice or more)! If while surfing, you see the winning page, you will just click on a button and your prize will be automatically added to your cash balance. it is then up to you on how you would like to use it. The more adpacks you buy, the more higher your prize will be! Remember that there’s a lot of sites on our rotator so finding the winning page could be challenging. Oh and free members is not eligible to see the winning page, I do not want to waste a win on a free surfer.

That’s about it for this newsletter. Hope you are excited in whats to come, as I am really excited about our future!”

#4. ResidualForexIncome is a very interesting program that not only claims to be trading on Forex but has all the necessary documents and is ready to provide you with full access to their trading history and personal information in exchange of your personal info (i.e. becoming a verified member of the ResidualForexIncome program). Moreover, according to the most recent newsletter the members will have the opportunity of testing the program for 20 days only during which period they will be required to make a deposit in the program. In my opinion, ResidualForexIncome reached such a level of transparency that definitely allows me to promote it to #4 spot in my Top Recommended list. For more info you can refer to my interview with the admin of ResidualForexIncome Mike published here. And here is the latest news from ResidualForexIncome:

“This message is mainly targeted to our registered but free members (no active deposits) but is definitely useful for everybody.
We are used to receiving a lot of emails with the same basic inquiries on account management, deposit and interest questions, like “when do i get paid?” , “what if I want to use XX% compounding?”, “how is my interest calculated”, or even sometimes it goes like “do you really pay?” sort of questions.
Our support is taking care of every message sent by you, dear members. And we try to have individual approach in each case to make the answer simple and clear.
Kindly be informed that as a solution to the above mentioned questions we worked out the “Starter investment package” with the min amount to invest of $10 only! No matter how different investors classes might be we firmly assume that the investment ranging from $10 up to $100 is absolutely affordable to test our service. ResidualForexIncome is not a “money game” or affiliate marketing program. Its backed up by real Forex trading and must be treated as a private club for those who really want to have good and stable ROI. No investment company or brokerage service would ever let you in with less than $200 as a start up deposit at least no matter what you are about to spend this money for.

On our part we tried to make it win-win cooperation:
1) we use $10-$100 deposits mainly to cover our exchange and transfer fees (interest is paid from net profit generated by large investment pool i.e. deposits more than $1k).
2) in return you have the possibility to test our service, get used to functions and gain some experience.
3) do not forget about our FAQ and news sections.
Lets respect our time and business.

Starting from 09/23/2008 we introduce free membership time limit of 20 business days. In other words if you registered a free account but no activity has been observed within next 20 business days we have the right to close it down. We do not force anyone to invest! No way! We just want to deal with interested and active members. Thats it.
If you have any problem or difficulty – just contact us and we will help you out.
If you need some time to fix investment related issues – let us know and maybe we will be of some help.
If for any reason you need more time – no problem. But let us know about it.
Our Team (and Jake personally) appreciate your attention to this message.
P.S. Over 20 people have already applied for verified status and got full access to our personal and trading information (passport, ID + trading reports and latest financial statistics). It’s easy. Make sure you deal with real business.”

#5. Surfovat is next on my list. I can’t promote it to a higher place because of delays in implementing AlertPay and SolidTrustPay, the fact that site itself that is hosted on a shared server and the fact that the first payouts from 12% for 12 days plan are still to be processed in a couple of days. Of course Surfovat looks ok at first glance from their website and you can read my interview with the admin Raymond published here. Surfovat can surely become big and it has everything to achieve this. But these delays just made me uneasy in some way and keep from re-upgrading. I hope everything will be alright after the first payouts are processed. Here’s the latest update from Surfovat that was published last night:
“Just a short message, we just have our AlertPay verified, and we are working on the script for upgrade now. Besides, we have our lucky pick’s members list and we will announce it very soon. Today is going to be a busy day.”

#6. BlosFinance is maybe not a very popular program yet but the admin is surely working hard to attract more attention to the program. Unfortunately BlosFinance accepts only LibertyReserve and the plans are paid on expiry. You can read more info in my review of BlosFinance published here and tomorrow the admin will be presenting his program in my interview with him so stay tuned for that. By the way, I received my first payout from 5 day plan today and am going to redeposit tomorrow.

#7. SafeAtom is another very stable program offering enormously high profits (2% for 150 days with principal return) and I have been paid by them since March 2008. So actually more than 6 months have passed since I first joined SafeAtom. I certainly made a great choice despite some early doubts I had in my review of SafeAtom published here. Well, I don’t know for how much time SafeAtom will stay online but I hope it will be with us for a long time yet. The recent update from SafeAtom concerns all the members who make their deposits via AlterGold: “AlterGold‘s API interface still doesn’t work. All pending payments will be done as soon as API works.” For your information, AlterGold will be offline for 48-72 hours as they are upgrading their software and here’s what their official representative reported today: “This is an urgent announcement that AlterGold website is now being taken down for maintenance and upgrades. We are almost done with our new system and now our technical team will start upgrades and database conversions therefore our website, WAP, SCI and API servers will be taken down for maintenance. Please allow us to complete these upgrades in 48 to 72 hours.”

#8. Richard-Falk is another program with direct payouts after 6 or 14 business days or daily payouts from 30 or 32 day plans. You can choose a plan suitable for you in my review of the program published here. Also I’m glad to report that I received my first payout today from my 6 day plan and already re-upgraded despite the site being unavailable for me for the most part of the day. I spoke to Richard on ICQ and he assured that the site should be accessible and if you have any problems with loading it please try www.richard-falk.net which is a mirror for the main site. Richard, with whom you will be able to read an interview with on my blog very soon, also told me that his three sites (one more mirror will be available at www.richard-falk.com soon) will be protected by Level 3 BlackLotus protection so this should help Richard-Falk to avoid possible DDoS-attacks in the future and become a more stable site in the long run.

#9. FinoFex is quietly carrying on with its business with little fanfare. But this program is really well-designed and thought-out and their plans seem to be stable and balanced to stay in business for a long time. You can read my review of FinoFex here to make sure if it’s the right place for you to invest your hard-earned money. For me this program is undeniably one of the best among HYIPs right now.

#10. 8DailyForever is finally back online today after surviving a massive DdoS-attack and the upgrading of their servers to cope with more than 3,000 members. The admin issued an update today thanking the members for the support during the time 8DailyForever site was offline and reporting to them on the current state of things. Here’s this update for all present and future members of 8DailyForever (read my review of this program here):

“It’s a FANTASTIC morning, isn’t it ?
I am happy, and above all THANKFUL that our beloved 8DF is back after the massive DDOS attack inflicted upon us.
Once BlockDos received our new dedicated server (they were slowed initially by the fact that their supplier dispatches only on biz days and our DDOS attack occurred on a Friday!) , they worked diligently to integrate it and got us online very quickly. They have assured me that between the upgraded ded server and much increased DDOS protection, we should now be able to withstand any “slings and arrows” the DDOS attackers can throw at us. (As this is costing us a staggering monthly fee, I sure hope so !)
Regarding the all important missed surf earnings !
I would really like to apply lost earnings for EVERYONE, and after a sleepless night, I have figured out a way to do it. YEAH !
As your withdrawal requests come in (Phase 1 when you choose to expire them, and Phase 2 at the 30 day expiry), I will check your accounts before paying, and add the days you missed between Sept. 19th and Sept. 22nd. According to support mails, members have missed between 2 and 4 days., depending on where you live in this world of ours ! This will take time of course, and may slow down withdrawal payouts a bit, but I think it’s the most expedient way to do it.
There is a “Surf Holiday” feature in the script, but in my experience it seems to hit and miss. I will try that first, and if it works, wonderful. If not, I’ll do them manually. So R.I.P…..you will all receive FULL earnings!
Happy Surfing, and thanks for all your support these past 4 days. Without your words of encouragement, my task would have been so much harder.”

#11 on my list is StableFinance which has a website with top-notch BlockDos protection and based on licensed GoldCoders script (for more details read my review here). For added stability of the program the admin of StableFinance changed the plans that are paid on expiry by prolonging them from 15 to 30 days and from 21 to 40 days respectively leaving the percentage intact. I have no comment regarding this at the moment as I really don’t know the reason behind the implementation of these changes but perhaps the newsletter from the admin of StableFinance will help clear things up:
“This is an important update to our plans, after much revision on the plans we have come up with a proper and stable solution that will enable StableFinance live very much longer and this will be the joy of a good Business for you and for us.
We have increased the period of profits in these plans and are now set to make everyone a stable profit and will come into effect immediately.
140% Premium previously 140% After 15 Days to 140% After 30 Days Profit (%) 40.00
Minimum – 25.00$ Maximum – 5000.00$
21 Days Platinum previously 21 Days Platinum 167% After 21 Days to 40 Days Platinum 167% After 40 Days Profit (%) 67.00 Minimum – 50.00$ Maximum – 50000.00$
These changes are final and will stay for a long time, If you are already on any of this plans take note that the period for profits had increased drastically and means good earning opportunity of you, all plans will make stable profits and cash out will be done at expiration of each plans after The plan period expiration all payments will be made for each plans as we do not compound and there for the system requires us to really make a good calculation for a stable and long lasting plans which will hardly fail any one of you or put us out of business.
We hope you find this an interesting opportunity for you know that your plans will remain consistently making you profits as the amount of tiny request we processed daily so it’s a better way to pay weekly, and the withdrawal fee is a good system for the program to grow stable.
Thank you for your consistent support to StableFinance.”

#12. I have to move ProtoAds down on my list temporarily and warn you about further upgrading there as there’s a good chance you can lose everithing. According to the admin’s words published in my interview here ProtoAds is a ponzi-game. So now the admin Kelly McPhail is seeking a solution to the problem of her LibertyReserve funds drying up because many members preferred STP and AP. Since she can’t process the payments to LR I consider this as a kind of warning and would advise you not to re-upgrade before payouts are resumed. Moreover, I received an email from one of my readers informing me that there may yet be a connection between Kelly McPhail and John Keller as I mentioned I suspected on my blog before. I’m currently investigating this info and will let you know if I find any proof soon.

The updates from other programs.

TopProfitWorld added a feature which will definitely be taken positively by most investors. Now all the withdrawals are instant. You can read more info regarding TopProfitWorld in my review here.

Some of my readers asked me recently if it’s safe to deposit in AppoloInvestGroup now. Well, I really don’t know, guys. There is a possibility that they returned only for a short time to collect more money. Let’s just wait for a while before ApolloInvestGroup can become stable again so I would not recommend you to deposit there now. I requested my principal back today and I will update you on my blog if I’m paid.

Unfortunately, HermisCapital is down now and I suspect there are issues with the database (I will update you if it’s back online). Other programs seem to be doing great and paying. Here are the programs that paid me over the last two days: MegaLido, ProtoAds, Tradelite, Surfovat, BlosFinance, Richard-Falk, TopProfitWorld, SafeAtom, FxSlaughter, MaxShare, LargeSum, AggeroInvestment, StableFinance and ResidualForexIncome.

I know that I was going to report you about the real reasons behind BristolCapitalGroup‘s closure but I changed my mind as I really think this scam isn’t worth our attention anymore. The admin recently came on one of the forums just to accuse everybody else for being behind his failure. And I mean everybody: BlockDos provider, economical crisis, silly investors and even my blog. One thing is for sure: these scammers will not return and they wouldn’t return even if BlockDos allowed them to do so to their hosting. I ask you to excuse me that I overlooked this scam as many investors also reported that their phone number is not answering anymore. I’m sure that if I checked their real existence in Bristol like I did it with Olympex-Group (read my investigation here) I would have prevented many investors from losing. But unfortunately at that time I was in Russia and couldn’t do a proper due-diligence. But I promise you to make more inquiries and investigations before approving any program from now on.

For instance, I joined 12DailyForever last night which is an autosurf that pays 12% for 12 days with daily payouts. It accepts all the major e-currencies including LibertyReserve, AlterGold, SolidTrustPay, AlertPay and StrictPay and the minimum upgrade here is only $6. I was already paid today and am going to upgrade more tomorrow. I’m now preparing an unbiased review of 12DailyForever which will be published on my blog on Thursday. So stay tuned for that and see you tomorrow with another interesting interview!