WARNING! THIS PROGRAM HAS STOPPED PAYING! PLEASE DON’T INVEST!

Hi everybody! I hope your weekend is going well so far. I was certainly looking forward to a couple of days off. But not from Money-News of course where there is never a shortage of news stories to keep us all interested. This weekend will be no different from the rest of the week with quite an interesting interview coming on Sunday so make sure and check back here tomorrow for that. Getting back to today though and sticking with what seems to be the theme for the week, I want to have a look at yet another new autosurfing program. This one is called 10DailyIncome and it’s brand new. It just opened yesterday in fact after being in pre-launch mode for a few days. “Not another autosurf” I hear you say, but this one is a little different. I’ll get to that in a moment but first let’s take a look at the plans.

10DailyIncome has three plans available for you to join. Although they all pay you 10% daily (as the name suggests) the other terms differ. First is the Beginner plan. Join this and earn 10% daily for 15 days or a total or a total return of 150%. The price of an ad pack in this plan is $5. Then there is the Success plan. This one also pays 10% daily and runs for 20 days (200% total). The price of one ad pack goes up however to $10 for those who join this plan. And finally there is the MagicProfit plan. More ambitious than the other two, this one offers you 10% daily for a term of 30 days, or a grand total of 300%. Ad packs here will cost you $20 each. The surfing requirements for all three plans are the same with members asked to surf ten sites per day to earn.

Also for those of you a bit more adept at promoting the sites you join, a referral commission of 5% is paid on your downline’s investments. This is the same for all three plans. A good range of payment processors are available too, including LibertyReserve, PerfectMoney, StrictPay and SolidTrustPay. I believe we can expect to see AlertPay added shortly as well. You are asked to allow 48 hours for payments to be processed but at this early stage it’s quite reasonable to expect that they will be made quite a bit faster than that. Keep in mind that a 2% withdrawal fee will be charged so factor that in to your plans when deciding to join 10DailyIncome. For instance it will affect how long it will take you to break even, which by the way is eleven days in all three programs.

So what’s really so different about 10DailyIncome? In a major departure from the typical operation of an autosurf program, 10DailyIncome offers you daily payouts as opposed to payouts on expiry. I think this could prove a hugely popular move in light of some recent high profile autosurfs going under. However don’t get too excited just yet as I can also say that this approach is not without its drawbacks. Yes, the risks to your principal are substantially reduced which is never a bad thing, but remember that this can also shorten the lifespan of the program and significantly so.

The security of 10DailyIncome is quite acceptable with a licensed Neversay script and being hosted on a dedicated server. It’s hosted by Blacklotus which can offer some decent protection as we know but needs to be watched due to a somewhat unpredictable owner. The former admins of several programs have described them as, shall we say, “over zealous” when it comes to suggesting you pay them more money whether you like it or not. The design itself lets the program down though. To call it amateur would be kind with some obvious spelling mistakes on their banners. I know English is not everybody’s first language and anyone can make a typo but doing this in such a prominent position is just sloppy. I wouldn’t use this as any kind of reflection on the program itself, I mean it’s not that it would affect the operation of it, but it just doesn’t inspire confidence in the casual browser who stumbles across the site while looking for a good program to join. No big deal though, as it’s easily corrected.

My final opinion though is one of cautious optimism. A lot of us have been burned recently by autosurfs but there’s no doubt that the daily payouts are going to make 10DailyIncome a lot more attractive to many. I’ve tested this one out personally and can vouch for the fact that they are paying and paying quickly at that. At the end of the day I guess that’s really why we join these programs. isn’t it?

Other news for today.

Do you know that AggeroInvestment (reviewed here) is celebrating 6 months online? Wow, this is quite a long time for a program that is paying up to 127.5% after 15 days for its members. Of course, the former admin of AggeroInvestment and now a member of support staff Roger (interviewed here) couldn’t miss the opportunity to congratulate everybody on this even and to announce a new exciting contest that has already started and will last for a week. The rules of the contest are published in the latest update I received from him:
“Hey, Roger here! Just wanted to give you a heads up on our contest starting today up to Feb. 27th, our 6th month anniversary! Just like our previous contest, it will be ticket-based, and we will pick the winners on Feb. 28th. I tried to make it as simple as possible this time. Here are the rules:
1. For every $5 you upgrade, you get 1 ticket
2. For every downline you sign up that upgrades, you get 1 ticket
3. 5 helpful members at the forums will get 3 tickets each
4. Post a payment screenshot at the forums and get 1 ticket
That’s it! As for the prizes, we will have more this time and it will be bigger and better, as our membership base is almost 8000 now. Top prize is a cool laptop and 2nd and 3rd prizes will be those current craze Netbooks. Add to that Ipod Touches, digital cameras, mp3 players, and many more! I will give the details on the prizes later on in another mass email as I am still finalizing it.
So c’mon and celebrate with us this awesome event that doesn’t happen often anymore. You do not want to be anywhere else! Have an awesome and blessed weekend!”

Most of the updates I received from program admins today were concerning the inability to process cashouts to LR due to API interface not working. The thing is that the majority of programs have a lot of members and the processing the pending cashouts to every single one of them manually will be a very time-consuming process. So the majority of the programs sent the updates where they asked for patience and promised to process pending cashouts to LR as soon as possible.
For example this is an update from TradeContract (reviewed here):
“LibertyReserve API don’t work properly and withdrawals requests in LR are still pending. We will process them as soon as possible. Sorry for this inconvenience.”
And this is from CapitalCorpex (reviewed here):
“As a result of LibertyReserve API problem we are unable to complete pending payments right now. We are waiting to receive response from LibertyReserve staff. All pending payments will be complete as soon as the problem fixed.”

It seems that the admin of QuickYield program (reviewed here) decided to process the cashouts manually anyway. Of course, he didn’t miss the opportunity to remind the investors about the bonus they can get during this week of promotion:
“As usual when I tried to process payouts it can’t because LibertyReserve API is not functioning at the moment. Due to weekend I will check after couple of hours and process payouts.
Although LibertyReserve API is still not working, but all payouts are processed manually. Don’t forget to avail 30% bonus on next deposits up to February 28 only.”

Well, in my opinion this issue might be caused by the scheduled downtime that was announced on LibertyReserve blog yesterday:
“Dear Friends, We are currently installing updates that became available just recently for our routers. This procedure should approximately take not more than 5-9 hours, which also includes the restarting of all hardware and testing. We sincerely apologize for this unplanned event, but keeping our hardware up to date is one of the highest priorities as it assures the most secure operation. We appreciate your patience.”

It seems that the admin of ResidualForexIncome (interviewed here) agrees with my opinion regarding LR issues as he sent out the following update to the members of his program:
“Kindly be informed that due to DDoS attacks occured a few days ago RFI website might be working slower in some regional parts although as far as we observe the website is mostly accessible and running smoothly. If you have any difficulties with accessing RFI website please contact our support@residualforexincome.biz
IMPORTANT! Due to recent maintenance which took place today on LibertyReserve system LR website went down for a couple of hours. It seems they have not completely finished updates as XML API interface is still returning problems. In particular as for now this means it is impossible to process cashout requests for LR for the last 48 business days as planned in accordance with the schedule. If this issue is not resolved within next 12 hours we will start processing cashouts manually despite weekend time and time consuming operations.
If you are a webmaster who also uses LR service tools and has got the same problem we would like to hear from you to make sure this problem is 100% typical. Thanks.”

Anyway, let’s hope that API issues with LibertyReserve will be fixed soon and everything will be back on track for all the programs accepting this payment processor.

I would like tell you now the programs that paid me this Saturday: MajorBarter, GoldNuggetInvest, SilverLodge, ImokTrade, ForexInv, QuickYield, 10DailyIncome, AggeroInvestment, SteadyDailyProfit, BVIuion, 7Inv, UCGCapital, CrazyCashSurf, 13Daily.Pro, IntensifyFunds, FloatingFastProfit (the first payments received) and StablePackages (the first ref comms received).

Well, you might have noticed that the last two programs were not mentioned on my blog yet. I’m sure that they will be worthy of some closer attention which I will give them in the upcoming reviews that will be published on my blog next week.

For now I’ll just introduce them and will start I suppose with FloatingFastProfit. I can’t say with 100% certainty that this program is coming from the admin of VolcanoInvest, Invest4Games and other similar programs that were running on X-HYIP script. It’s not a bad thing at all as those highly successful programs were famous for their very long lifespan and they survived many many cycles online. Well, FloatingFastProfit can be a bit tricky in comparison with others because it’s paying 104% after 1 day. It’s a very short cycle but strangely the percentage is also not so high so it can be sustainable for a couple of weeks. Don’t forget that there are some sweet bonuses available for those members of FloatingFastProfit who have active referrals (0.05% for each one) and 0.75% for each $100 active deposit. This bonus system together with hit-n-runner protection installed (with the maximum of $100 for each deposit allowed with no more than 10 active deposits) will surely allow FloatingFastProfit to run successfully for a while. Since it’s a one day program reinvestments from your current balance are highly encouraged to save on payment processors fees (LibertyReserve, PerfectMoney and V-Money are accepted by the way and $3 is minimum to invest). For that purpose you can reinvest either part of your principal or the whole principal+profit received or withdraw everything and don’t reinvest at all. On the technical aspect everything seems ok with FloatingFastProfit as it’s hosted on a dedicated server by BlackLotus and is secured with 256-bit SSL certificate for HTTPs connections. Note that there is no payouts on Sunday (like it was in all other programs that ran on X-HYIP script by the way). By the way, the admin of FloatingFastProfit calls himself Dan this time. Ok, all the details on FloatingFastProfit can be read in my detailed review that will be published on Monday. Stay tuned for that!

There is an even more interesting HYIP that just launched a couple of hours ago and is also a short-term HYIP. It’s also worth your close attention, especially for those who like short-term HYIPs. Really, for those of you who would like to join and profit from a top-notch quality program the best choice would be StablePackages. The program is running on Waylex script (that should already look familiar if you were a member of CentFusion program) and is hosted on a dedicated server by DdoSWiz. StablePackages program has three plans to choose from: 30% for 4 days, 25% for 5 days and 140% after 7 days. The minimum allowed to deposit in StablePackages is only $1 and the maximum is $3,500. Remember that in Waylex script you first should make a deposit into your balance and then from your available money which is on your balance you can deposit in one of the chosen plans. I invested in all three plans, by the way. The design of the program is very good and the script proved to be one of the safest in the HYIP industry (SSL is also installed). PerfectMoney and LibertyReserve are the only accepted payment processors. I’m currently testing StablePackages and will make a detailed review of it on my blog next week. But remember that such programs like StablePackages don’t last forever so play only with the money you can afford to lose. Although as I have already mentioned the chance to profit from StablePackages if you join from the beginning is very high.

Tomorrow I will be have something a little different for you here. As I said at the start it’s an interview but I think you’ll agree it’s a very special interview that will not be like the others and I’m sure you will find it useful for yourself. So don’t miss it!