Hi everybody! Today, and I think this will be the last one of 2008, I want to review a not so new program called QuickYield. It’s been running for four months now and if your wondering why I haven’t reviewed it yet, it’s because I have kinda mixed feelings about it. But the admin kept asking and asking so I said why not? I can find enough positives in the program, but I won’t skip the negatives either.

First of all the plans. And I have to say they are quite reasonable and in my opinion perfectly sustainable too. Sustainable for a period of time at least. QuickYield invites you to join your choice of five different plans, paying anything from 1.5% to 2.5% daily for an unlimited term. I think most readers here will only be interested in the first two plans where you can earn 1.5% daily on amounts ranging from a minimum of $10 up to $500 in the “Starter” plan, or 1.75% daily on amounts varying from $501 to $1000 in the “Classic” plan. But for the benefit of the rich and the brave the other plans include “Premium” which pays 2% daily on amounts between $1001 and $5000, “VIP” plan paying 2.25% daily on $5001 to $10,000, and the imaginatively titled “VVIP” plan offering you 2.5% daily on amounts from $10,001 up to a maximum of $50,000. LibertyReserve is so far the only accepted payment processor, and after four months online I imagine it will be the only one accepted for the duration of the program. Withdrawals need to be requested manually.

Well so far so good. The plans are fine but what is it I don’t like about QuickYield? Other than the fact that only one payment processor is accepted (and honestly that’s not an enormous drawback), it’s the security of the site. First of all the hosting isn’t great. It’s on a shared server which in itself throws the site wide open to DdoS attacks but if that isn’t bad enough the script is unlicensed too. Now I know it’s not the first time I’ve reviewed such sites but this time it’s different. In the past it’s always been a simple problem to correct. A good licensed script from a reputable provider won’t set you back much more than $150 and can be set up in a matter of minutes. The difference here however is that the admin actually believes that it’s safer to use an unlicensed version. In the interests of fairness and impartiality I did explain my feelings on this to him before writing this as it was him who first approached me. His explanation was that it’s more difficult for an admin to hack his own site if the script is unlicensed. Draw your own conclusions please. There is also no SSL. The site claims the funds are managed by a team of investment experts but no evidence or further information is offered on this. Contact is also only via a ticket system.

But it’s not all bad. I mean I personally am surprised at how QuickYield has managed to survive this long without falling victim to DdoS attacks or hackers but that in itself says a lot about the skills of the admin. He quite clearly knows what he is doing and with four months behind him he has done signifigantly better many other admins who go to greater expense to secure their site. So my own conclusion is that while QuickYield is pretty average, I think with a few minor adjustments the admin can turn this into a safe and dependable program. Keeping it online for so long is no small achievement in itself, but with such a lack of security I have to say investing here is a complete gamble. Whether or not the admin is interested in this, or is just too mean to spend the money on security I don’t know. And frankly I don’t care. The reason behind it is irrelevant. The end result is the same and if he wants to turn an average program into a good program he needs to address this issue urgently.

Other news for today.

The news for today is not so optimistic as more and more programs are collapsing near the end of the year. Take EKOFunds as the most recent example. The program stopped paying a couple of days ago only achieved four weeks of stable online work. Of course those who joined it in the first days and never redeposited had the perfect chance to be in decent profit considering that the maximum longevity plan was 150% after 15 days. This will be of little consolation for those who joined later but we should always remember that such high-ROI and short-term HYIPs like EKOFunds which launched just a few weeks before the Christmas and finished straight after it couldn’t be sustainable. If the program was a ponzi it had its own lifecycle that could be undermined by Christmas holidays when people try to withdraw the most money possible from their accounts to spend on Christmas gifts or vacations. So really EKOFunds was good while it’s lasted and I hope you were in profit with this program and didn’t reinvest too much after being paid.

I would like to note that according to the reports I gathered from concerned readers SummitReserve started to process selective payouts. Probably it’s only paying to monitoring sites which my site will not tolerate. Even though I may not receive any profit from this program anymore and risk my own account being suspended by the admin I will still do what I have to do – expose the scammer behind SummitReserve to the public and show his true colors. I gave Clark, the admin of SummitReserve the opportunity to address my concerns regarding selective payouts being made. But since he didn’t reply to me I have to move his program to “Not Paying” status despite the fact that he paid me for the last couple of days. My sincere thanks to those who reported that their payments were not processed by SummitReserve and as you know my approach – I don’t tolerate scammers which is what the admin of SummitReserve definitely turned out to be. So I have to move it from my list of Paying programs today to save you from throwing more money into this ugly scam. Remember that other monitors can still be listing SummitReserve as Paying because the program is paying them but on my monitor you will never find this selfish attitude. I always tell the truth even if I myself will lose money by doing so!

MaxShare has been removed from my list but it was made not because it stopped paying. The program is simply on the brink of collapse now with some payouts being still processed and some are pending. I know that the admin of MaxShare is not a scammer as he’s trying to do his best but it’s obvious that the money coming in is far less than the money coming out. If we consider MaxShare as a ponzi (or at least partial ponzi) the end is near and I don’t want to mislead the readers of my blog. I will simply stop surfing and delist this program because the status of the program is unknown for now as the admin is not on forums. The program has lasted for more than 6 months and has been paying stably until recent events when total deposits and total withdrawals equaled each other. In my opinion, the best thing the admin could do now is to close the program and not to mislead anybody by leaving it open and hoping for a miracle to happen.

CapitalCorpex (reviewed here) announced war against the cheaters who try to deceive the system and earn more ref comms. Please don’t do it as not only do you hurt CapitalCorpex program but also you risk being suspended from the system. Here’s the latest update from the admin of CapitalCorpex:
“Today we made some clean up in our system. As we said previous and due to our rules we don’t allow any person to cheat in our system. We found about 70 members who tried to earn bonus from fake referral sign up and refer themselves as a new member. All cheaters account deleted from our system. From today we strongly continue our Anti-Spam and Anti-Cheating policy. We also decide to ban cheaters IP permanently and block their access to our website forever.”

Olympex-Group (reviewed here) famous for its fake location and selective payouts are still keeping up the make-believe approach and calling itself Olympex Group IBC. Well, from my review we all know that it’s untrue and to keep claiming otherwise is completely ridiculous. Anyway, for those who are still in Olympex-Group there’s some info on their site that the withdrawals would not be processed during New Year’s period. Here’s the update:
“Olympex Group IBC investment plans and activities will be temporary on pause from Wednesday, 30.12.2008 until Friday, 2.01.2009 due to New Year holidays and unpredictable trends on world markets during this period. Our office will be still processing all customer inquiries, however the interest rates will not be credited for the mentioned five day period until January 3rd. Apologise for any inconvenience caused and wishing a Happy New Year to all Olympex-Group Investors!
Investment plans and activities are temporary on pause until Monday, January 5, 2009 due to New Year holidays and unpredictable trends on world markets and bank holidays during this period.
However, Olympex-Group office are still processing all customer inquiries, including deposits, however the interest rates will not be credited for the mentioned period until January 5th. Apologise for any inconvenience caused and wishing a Happy New Year to all Olympex-Group Investors!”

Fortunately there are some great HYIP programs are still online and paying. Check out InoFund (reviewed here), BrainManagement or NoRiskInvestment which are amongst the best on my list of recommended programs at the moment.

By the way, BrainManagement (read my detailed review here) just announced that even despite the New Year holidays profits will be paid to all the investors in time over the next three days. The huge reserve funds will be used to do this. Here’s the update from the administration of BrainManagement:
“Best Wishes for the New 2009 Year! Especially for our investors we have prepared nice presents for oncoming New Year’s holiday! Despite our trading team doesn’t work on Dec 31, Jan 1 & 2, we will pay daily interest for these days on time without any delay. All these payments will be made from our huge reserve fund.”

Unlike this NoRiskInvestment will not be paying any interest to the members on the next three days so please be aware of that:
“Dear Investors, The team of NoRiskInvestment wants to wish you Merry Christmas and Happy New Year! Thank you, our dear Investors for being with us.
Our offices will be closed during New Year holidays from 31st of December until the 2nd of January. The profit will not be paid during these days.”
Also I would like to remind you that NoRiskInvestment (read my detailed review here) started to accept investments via Bank Wires with the minimum of $1,000. Please take a look at their update for more information regarding this:
“We start accepting Wire Transfers. We accept wires both from individuals and companies. The minimum is $/€ 1,000 for individuals and $/€ 20,000 for companies.
To deposit via wire, please email us at support@noriskinvestment.net.
Please note: you will be required to be a verified by sending copies of your ID.”

The most stable program of 2008 is undoubtedly GoldNuggetInvest which can boast more than 2 years stable online work. Although the program is paying only 0.7%-1.1% variable daily or 6% fixed weekly more and more investors started to realize that sometimes the most stable programs are those paying less and proved they have an outside income for themselves (read my interview with the admin of GoldNuggetInvest Robert here) are much better than quick scams that promise the sun moon and stars within days. So I have no doubt that GoldNuggetInvest have a very good chance of paying investors for another two years if not more. Read the review of GoldNuggetInvest to find out more about the program.

Finally, the best program of the year 2008 is undoubtedly AggeroInvestment which currently celebrated its 4th month online and is currently open to new investors again. So if you want to earn up to 127.5% for 15 days there’s no better choice for you than to go with AggeroInvestment. I know that my interview with the admin of the program Roger published here is currently outdated so I decided to publish another interview with him tomorrow. So actually on New Year’s day I would like to praise the best program of 2008 which in my humble opinion is AggeroInvestment. Stay tuned for the interview – it will be interesting!

For the last two days I was paid from the following programs: InoFund, GoldNuggetInvest, FXOIC, AggeroInvestment, NoRiskInvestment, LargeSum, ResidualForexIncome, EliteFundGroup, MajorBarter, GrandTrade, BrainManagement, SilverInvest, Pioneer-Fund, Youmilex, IntensifyFunds, BestFXWorld, ANOI, 2008-N, URInvest, EmeraldProLtd, HermisCapital, CapitalCorpex, Giant-Investment, Mountain-Mining, QuickYield (the first payment received) and StableProfit (the first payment received).

By the way, if you haven’t noticed yet StableProfit is the newest addition on my list. The HYIP has English and Russian interface which is quite unusual nowadays. But if you knew that the admin of StableProfit program is Eugene Movenko, who is obviously Russian or Ukrainian you wouldn’t be so surprised. The site is also registered to his real name and it’s in Ukraine as well. It’s really good that the admin didn’t hide his by using Joe Baxter or Philip Morris or other such ridiculous made up names. StableProfit is paying 1.5% on every business day with no expiration. Currently also a Christmas plan is available with 3.5% payouts on every business day and the increased minimum of $50 accepted. The minimum for the main investment plan is only $5 and LibertyReserve is accepted. StableProfit uses licensed GoldCoders script, has SSL protection and and hosted on private DDoS-protected DNS. The details of the program can be read in my coming review but even now I can say that StableProfit is looking much better than the above reviewed QuickYield and if I had to choose between the two (they have similar plans) I would definitely go with StableProfit. The admin of StableProfit didn’t try to save money on protection and licensed script which should give him a better advantage in this highly competitive HYIP world.

That’s all for today and I will see you on my blog tomorrow and bring you my exclusive interview with the admin of AggeroInvestment Roger! Happy New Year, everybody!