Oct 17th, 2008 Archives

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WARNING: THE PROGRAM STOPPED PAYING! PLEASE DON’T INVEST!

Hi, guys! I would first like to thank one of my readers who recommended this program to me. So today I can introduce it to you – meet Commoditex! At the first glance you realize that Commoditex is not another fly-by-night program. The interface of the site is very well organized and thought out and you always know where to find the right info and the website itself is extremely well laid out and easy to navigate.

Commoditex claims to be an extension of Primefa Holding & Co. based in Wellington, New Zealand. There is an address listed on the website with their physical address in Wellington. I cannot confirm that this is genuine information so if anybody could confirm if they really are based there please leave a comment to this article.

This is what I found out about the investment activities in Commoditex. As is implied by the name Commoditex is apparently involved with commodity trading, meaning gold, oil, soybeans and other products. This is how they describe their investment strategy in a nutshell: “Trading with oil, gold, and beans (mainly soybeans) markets, we have reached the financial successful with speculation strategy, this means, to buy at the best moment establishing the best price combination of contracts, accept contract offers at the right time, no matter of the price goes higher after selling, our financial trading team ensures you the best and secure transactions.

So applying this successful trading strategy they are able to guarantee some good low-ROI returns to the investors who wish to deposit in their investment plans which can be divided into two groups:

1) Basic investment plans – these are daily plans where you will be paid your interest on every business day. The minimum for this plan is only $1 and you will be paid 1.25% for deposits under $100, 1.75% daily for the deposits with ranging from $101 to $500, and 2.25% daily for the deposits starting from $500. The interest will be paid to you during 60 trading days (Mon-Fri) and after your investment term expires, i.e. 84 calendar days you will get your principal back. So utilizing these Basic daily plans there is the possibility to earn from 175% to 235% on your deposit (principal included).

2) Premium investment plans are aimed mainly at larger investors whereas the minimum to invest in these plans is set from $500. The interest in Premium investment plans are paid monthly during three months with the principal returned after expiration. For the investments of $5K and less you will be paid 52% monthly, $10K and less – 57% monthly and $50K and less – 62% monthly. So according to the terms you will be paid 256% to 286% after three months period (principal included).

There is a section on the site for another type of plan called “Long-Term plans” but it remains empty and reserved for the plans which apparently are coming soon.

I like the fact that Commoditex offers a wide variety of e-currencies for depositing. The list includes LibertyReserve, PerfectMoney, V-Money, AlterGold, c-Gold and Pecunix. Moreover, you can contact the administration and arrange your deposit via Bank Wire and Western Union. In addition, they have a video tutorial that will explain to you in detail how to convert your cash into e-currency. In my opinion, such a variety of different options on offer from Commoditex is a definite sign of their professionalism and preparedness to offer the best for their customers.

Commoditex site has been online for a couple of weeks and so far I haven’t heard any bad feedback about them. They always pay in time and watching its performance I finally made a decision to invest myself. There is Live support available on Commoditex site which is not always online but in that case you can always leave a message which I’m sure will be answered fast.

Commoditex is proudly hosted by BlockDos which means some really top-notch protection against DDoSers and other jealous people that can bring any successful HYIP down in minutes, if it’s not under BlockDos protection. In my opinion Commoditex made a very good choice by choosing this provider and it again shows us the professionalism in which the admin of the website handles things. There are many other things which I would be curious to know about Commoditex program and I will try to address them straight to the admin Mark Rushbrooke. I hope he will agree to conduct an interview for my blog because I really liked his program. So stay tuned for the interview with Commoditex admin soon!

Other news for today.

I bet you’re all wondering when my new interview with Michael, the admin of MegaLido will be published. Well, it will be done tomorrow. Yes, two long months after the first interview (read it here) MegaLido has turned into the most popular autosurf program worldwide with about 9,000 members investing millions of dollars. Well, this whole run of events was very surprising for me to tell you the truth. I wasn’t expecting such rapid growth and dedication from the admin Michael. I was so impressed by MegaLido that even specially worked out a winning strategy for an average surfer which you can read here. I’m sure that MegaLido will continue to grow in the near future and not without the help of different contests Michael regularly holds for all the members. In my opinion, such contests help to organize a great community within the MegaLido program with people with a similar-thinking attitude and it will surely contribute the program’s further growth. So the results of the second MegaContest were published already and you can read them here:
Our MegaContest ended yesterday and we have done some counting on the referrals, posts, screenshots and everything else. I am very happy with the results, but the way to get your prize is a little different.
The winner of the first prize of $400 has already been contacted about the prize and for the other prizes, you will need to e-mail mega2@megalido.com, as most people didn’t e-mail us when they reached 15 or 10 referrals.
So if you have 15 active members in your downline, you are eligible for a $60 prize in cash, e-mail me at mega2@megalido.com with your member ID, I will check that and send your prize.
If you have 10 active second level referrals, you are eligible for a $60 prize in upgrades, e-mail me at the same address.
A lot of members posted their screenshots and I really liked your participation in that, I have made a list with over 200 forum usernames, but I do not know who they belong to, as most people don’t have a MegaLido link on their signature.
If you posted screenshots a few times, please e-mail me at mega2@megalido.com with a few links to them and 10 random members will be rewarded with the $30 prize within the next 24 hours.
The list of members with at least one active member is huge, there are at least a few thousand members with that, so I also want you to e-mail me at the same address (if you have at least one active referral), and 15 lucky ones will receive the prize of $36 worth of upgrades.
I received a few e-mails about blog/website reviews of MegaLido, if you posted one, also e-mail me at mega2@megalido.com, even if you have e-mailed me before, I don’t want to miss any reviews, prizes will also be sent within the next 24 hours.
Please do not forget to include your member ID and your payment processor ID in the e-mail, otherwise the process of receiving your prize will take longer.
A new contest will be launched very soon and I can say it is related to traffic and referrals, so prepare yourselves, it’s going to be a huge contest.
I’m waiting e-mails from the winners within the next 24 hours. Thanks so much for participating in the contest, it was another great one. Hope you all enjoy your prizes!

For those members who were concerned about the downtime that occurred on 12DailyForever‘s site and the missing upgrades please read the latest update from the admin Richard (read my interview with him here) and act according to the instructions given to you:
If you have upgraded your account and it is not showing up in your account then please reply with the transaction details and your 12df account id with your email. Our host provider is having some problems thats why some members are not been able to see upgrade unit in their account.
I hope soon everything will again be running smoothly with 12DailyForever as usual (it’s now on a protected server by BlackLotus). And I just wanted to let you know that I (along with many other members) got my pending payout from 12DailyForever today. So I guess there’s nothing to worry about as the program is still paying on time.

VolcanoInvest is just doing great and I keep getting my payments and am reinvesting on a daily basis (for those interested you can read my review here). The admin of VolcanoInvest notified the members that now AlterGold deposits are accepted again:
I would like to inform you the AlterGold SCI is working fine. You can make deposit with AlterGold. Your deposit will be accepted automatically.
Also members which can’t load our site, please try today. I hope all will be fine. That’s all.
P. S. Spend several minutes for us. Support us. Post on Forums and Vote on Monitors.

But is it ok to use AlterGold anymore? I have come across some rumors recently that AlterGold‘s admin has fled to Ghana and AlterGold is dead now. But I don’t have any reliable evidence yet to prove it so I will try to hold off from making such bold statements. Anyway, they are fully operational now except their API interface which doesn’t allow many admins to process automatic payments. I’ll try to find out the truth about AlterGold anyway and publish it here soon. I will do it regardless of what will happen to AlterGold so stay tuned for that!

The admin of GoldNuggetInvest touched on the topic of AlterGold in his recent update as well and announced that they had discontinued using it for good. I remind you that you can find GoldNuggetInvest in my Top 12 Recommended programs because I believe that any program that has been functioning online for more than a year without major issues deserves to be there. I remind you that GoldNuggetInvest is paying 0.7%-1.1% daily or 6% fixed weekly rate and you can read more in my review of it published here. Anyway, here’s the full update from the admin of GoldNuggetInvest Robert (be prepared to read the interview with him soon):
It has been almost two weeks since our last newsletter was sent out to you and I hope you are doing well!
We have received a lot of concerning emails in the last days and weeks regarding the AlterGold situation. And unfortunately till today, there is no official statement from the AlterGold management as when their system will be fully operable again.
On the contrary! We have received information that the owner of AlterGold has fled to Ghana and this information was allegedly given by former AlterGold staff members. We can not verify if this information is true or just a rumor. However in the interest of all our members who deposited with AlterGold, we have decided that we can not tolerate such a dubious payment processor anymore and decided to terminate the acceptance of AlterGold, even if they are coming back. Fortunately we only got a few hundred Dollar stuck in there, so the damage for us is very limited.
To draw a line under this unpleasant situation we like to propose as follows:
If you have an AlterGold account balance with us we offer to exchange it to one of the other accepted payment processors of your choice in order for you to withdraw your deserved profits. Accordingly your current AlterGold deposits will be changed to the same payment processor.
Please request your AlterGold exchange by opening a support ticket at GoldNuggetInvest site and please do not forget to mention your username and the payment processor of your choice. Please note that you also have to edit your account details and if applicable add the account number of your desired payment processor.
As a matter of course there will be no fees charged for this change-over – but please allow us up to 24 hours for the alterations to be made.
Let us talk about the good news now!
Since we have opened our doors to a broader member base on May 1st, we have received many mails regarding independent monitoring of our performance. After evaluating the available options and due to the fact that according to our findings almost all monitors are paid by program admins, we were left with one choice only: Money-News-Online!
After a member pointed me towards Money-News-Online a few weeks ago, I have visited this combination of independent blogging and monitoring of online investment programs under one roof and was very impressed with the unbiased information updated on a daily base and the endless efforts admin Paul is putting into his project. In my opinion Money-News-Online is the de facto industry standard in this trade and I recommend to all our members to visit his blog regularly.
After contacting Paul we have decided to select Money-News-Online as our exclusive monitor!
As most of you know, GNI is celebrating its 2nd anniversary very soon and we are very excited what we have achieved over the past 24 month, considering our humble beginnings. It would not be possible without you, our members and Jurgen and I like to express our sincere thanks to all of you, no matter if you have joined us on day one or just yesterday. We will continue to work hard to satisfy all of you and are looking forward to continue our journey together.
Look out for our upcoming birthday competition and promotions to be announced soon!
Until next time, take care and as always please let us know if there is anything we can help you with. All the best, Robert
“.

I think I should forward to you the message I received from SolidTrustPay support recently regarding the latest changes the site of this payment processor was undergoing recently. Here’s this update from SolidTrustPay:
We hope this finds all our members happy, healthy and well. It is the season of Thanksgiving in North America and may each of your remember that which you are most thankful for.
CHEQUE UPDATE: We are pleased to announce a new partnership with a cheque cashing agency in the US. This will greatly assist our US members who prefer receiving cheque withdrawals. From now on, if you request a cheque, it will be easily cashable in the US. Canadian members will continue to receive cheques cashable in Canada in their choice of CAD of USD.
CREDIT CARD UPDATE: We are pleased to announce the addition of American Express and Discover to our available CC options. CC transactions are NOT considered cash advances by your card company and are by far and away the easiest and fastest way to fund your STPay account!
NEW!! Announcing our new EMERGENCY funding options! STPay Debit Cards and VirtualMoney ATM Cards can now be funded in minutes. If you require emergency funding, look for the emergencyfunding@solidtrustpay.com email on your withdrawal confirmation page. Send us an email and we will fund your card within 30 minutes during business days.
Please note that a 1 – 2% surcharge will apply.
Do you need your credit card funds ASAP? Look for the emergencyfunding@solidtrustpay.com email on your deposit confirmation page!! Send us an email and we will move your credit card transaction to the front of the line for instant use. A 1% surcharge will apply.
HELPFUL HINT – if you request a new secondary password, they are a mix of upper and lower case letters only. We have removed the numbers from our system generated passwords so that they are easier to decipher and use.

I have added another program today to my listing. It’s W-MTFund that claims to manage their funds by using a so-called “multi-trade strategy” thus being able to pay quite attractive weekly returns to the investors. The weekly rates are starting from 5% weekly (guaranteed) and can reach up to 21% weekly. The minimum to invest in W-MTFund is only $5 so it can be affordable for everyone. The deposit is returnable after 26 weeks and can be made via LibertyReserve only (other e-currencies can be available in the future). So far I’m very impressed with W-MTFund website and I’m going to review it sometime next week as I will be away this weekend. Anyway I will publish a couple of interesting interviews on my blog this Saturday and Sunday so stay tuned for that!

Some more payments have been received to my accounts today and I was paid by: MegaLido, 12DailyForever, TradersInvestments, Commoditex, VolcanoInvest, QuantumInv, FxSlaughter, Olympex-Group, Tradelite, SilverInvest, PanaMoney, ResidualForexIncome, GoldNuggetInvest, GrandEarners and TopProfitWorld.

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