Hi guys! I hope everybody’s weekend is going well. I think I need another couple of days off to recover from this couple of days off as moving house is just about the headache I can think of. True what they say. Moving really is a stressful activity. But I guess I should leave that story for another day. I doubt many of you are interested anyway. But like yesterday it won’t prevent me from bringing you the latest news and views from the world of online investments.
So what’s on the menu today? I joined a couple of new programs recently and I will get around to telling you about them all eventually, and sooner rather than later I hope. So today I think I’ll start with the most recent autosurf I joined. It’s called AmaizingAds and I suppose I should start with two obvious but rather superficial aspects of the site. First of all, no, it’s not a typo. AmaizingAds really is how they spell it. And secondly, the appearance. It’s just packed with pictures of rather seductive super-models! I wonder are they really involved with the running of AmaizingAds? I mean I always imagined the real people behind online investment sites to look a bit more like the cast of “The Sopranos” than this, lol!
But seriously, now that I have that out of the way let’s get to what’s really important about AmaizingAds, starting with the plan. It’s not a bad one either, offering members the chance to earn 11% daily on your investment for 13 days with payment on expiry. In return for that you will be asked to surf 13 sites daily. That’s a grand total of 143% return on your principal. The minimum to invest here, in other words the price of one ad pack, is $10. The maximum amount you can have in AmaizingAds at any given time is $5000, or 500 ad packs. To encourage the members to promote the program the admin has introduced a three tier referral commission system paying a total of 9%. It starts at 5% on your immediate downline and is 2% on the next two levels. The list of accepted payment options is good here. For now it includes LibertyReserve, PerfectMoney, StrictPay and EvoWallet. But I believe this list will eventually be expanded to include SolidTrustPay and AlertPay too. Existing customers will appreciate that this can be a rather drawn out process due to the more stringent verification criteria required by those two companies. It’s all in the best interests of the customer though, so just have a little patience if your waiting on that before joining.
Security has a bit of room for improvement in AmaizingAds which, despite being hosted by the increasingly popular HushHosting who are widely regarded as providing a good all round service of protection and backup support, is still on a shared server. AmaizingAds is running on a script licensed by Neversay.
My overall impression though is largely positive. The situation with the shared server definitely holds it back and considering the number of DdoS attacks that are launched against online HYIP and autosurf programs everyday I would really prefer if they addressed this. The plan though is quite sustainable and while not that different from the more popular 12% for 12 days model, the extra day can make a world of difference in the longevity of the program. Add that to the fact that you are requested to wait up to 72 hours before your payment is complete, and you can see that the protection of the plan and it’s cash flow are taken quite seriously by the admin. I hope he will agree to answer a few questions for an interview soon and maybe then he will tell us a bit more about the program. He seems an affable enough sort of guy (in my own limited dealings with him anyway) and very good in the area of customer support which we all know can often turn out to be a huge factor in a programs success. He also seems to have that straight talking no nonsense manner that I like and find sadly lacking in too many program managers.
As usual, and especially now more than ever, you are advised to exercise caution when investing in any online program so no one will blame you if you want to step back and think hard about what to do with your hard earned cash. AmaizingAds is definitely one to watch though. By all means feel free to check it out thoroughly first and get a second opinion. But I think you’ll find yourself coming back to this one. It’s well worth a few dollars but only if you can afford it.
Other news for today.
To the majority of investors (and to me myself) the news of the coming closure of AggeroInvestment came as a shock. It seemed nothing could prevent AggeroInvestment from running successfully for months ahead. Unfortunately the trouble came when PAC was closed. The members started to withdrew funds massively worried that it could affect AggeroInvestent as well which together with some losses in back-up investments resulted to what we have now. To those who for some reason haven’t received this update I’m publishing it below:
“Dear member, I have some important announcement to make. I apologize if this is how we are going to celebrate our sixth month anniversary, but it has to be said. I’ve been honest with all of you at all times, which is what you expect from me. Now I will be brutally honest with you that AggeroInvestment might not make it past March 1st. I am deeply saddened to inform everyone that due to many circumstances that’s been happening the previous days, AI is in it’s last ‘limping’ leg.
1st- PAC effect – Many do not know this but many members pulled out of AI as soon as PAC closed. Many of them have huge amounts to withdraw and some are even maxed-out members. I cannot blame them as it is the nature of our business. They are all here to make money.
2nd- Bad economy – We all know how bad the economy is nowadays and many are getting affected. It didn’t spare us and our program. One of my partner investors told me the other day that we suffered some huge losses the past week or so.
3rd- Deposits – I will be disabling deposits until March 1st to see if our program can hold on until then. If it does then we continue on with the program. I am doing this in good faith so you know that I do not depend on new incoming spends.
Why March 1st you ask? That is the time when all deposits from the Valentine’s 14% bonus promo will expire. This will be the day when all of you who deposited big will withdraw their money. I will see if this day will break the bank.
Trust me that I do not want this to happen more than you do. I’ve built this program to what it is right now for 6 months. I do not want it to end like this. Hopefully, we can make it past March 1st. For now, it is going to run as normal except no deposits will be allowed.
In the event that we close, I will issue refunds until everybody gets their original spends back and no one losses. It is not going to be instant but I will issue as soon as I get some returns on our investments.”
As far as I see the deposits have been disabled already which proves that Roger has good intentions and doesn’t want any unsuspecting members to deposit into the program. At the same time I can see no reason to panic and submit complaints to payment processors. As Roger promised everybody not in profit would be refunded. Unfortunately, I was right regarding the merge with PAC because AggeroInvestment was affected by this decision in the end anyway. Just too many people drew the conclusion that since PAC has closed then Aggero must be next. The thoughts can be destructive for most of the programs especially when heavy-hitters try to pull the money out of it. But on the other hand, don’t you think that 6 months online is still an incredible achievement? Especially when we consider how many autosurfs last only 1 to 2 cycles nowadays.
But Roger would not be himself if he gave up so easily. The members demanded the program to continue and Roger is currently thinking about restructuring the program into something more sustainable. I really hope it will work out because Roger is definitely one of the very few admins that is honest, upfront and respected in his field. To tell you the truth, he’s a real professional who handles all issues in a very dignified manner and the most recent decision shows that nothing is lost for the members of AggeroInvestment and probably there is some slim hope that the program will be able to continue. As I said in yesterday’s update on my blog the main difference between Aggero and other surfing programs is that in Aggero you can be sure you won’t be scammed. Anyway, this is the latest remark from Roger which I saw on forums:
“I just met with one of my investor partners and he said that we need time to make money on our OTHER investments. The lost money is that… GONE already. You make money sometimes, and sometimes you lose money also. It came to me as a shock also when he mentioned that… and all I can think of was the fate of the program.
Here’s what I need to do,
1st- remove all 14% bonuses given last March 1st.
2nd- pay all requests on all those that are not in profit yet until March 1st
3rd- re-structure ROI based on the current market conditions
4th- DO NOT PANIC on March 1st and withdraw like crazy. Let me handle the situation.
5th- DO NOT file complaints on processors as ALL will lose in the end. You can email them to make sure that I am not bringing out large sums of money, just in case you think I am going to withdraw it.
Now, let me do my job and I will update you all as necessary.”
LibertyReserve payment processor is currently down for maintenance which is taking much longer than usual and it’s been down for 24 hours already. This is how this downtime explained on LR blog:
“Dear friends, We are fine tuning our previous SSL updates and updating some minor settings regarding newly installed SLL certificates. This maintenance should not last more than 1-2 hours. We appreciate your patronage.”
This prolonged downtime already made some admins issued updates informing the members of the current situation. For instance, the admin of IntensifyFunds said the following:
“All withdraw pending at this moment because LibertyReserve maintenance. Withdraw request will proceed after LibertyReserve back to normal.”
But such programs like IntensifyFunds will not suffer from this downtime as much as short-term programs could like StablePackages and FloatingFastProfit. This downtime is really dangerous for them as it can affect cashflow to a very harmful extent. Anyway, StablePackages is paying to PerfectMoney now but I think that if LR outage will continue for another 24 hours it will simply be over because of the lack of funds. Sorry, but it’s the harsh truth and the risks that are involved with participating in short-term programs.
As for FloatingFastProfit it has a better chance of survival simply because they pay less (only 104% after 1 day). In addition, the admin of the program took some precautions to make sure that this downtime will not affect the future performance of the program: he temporarily disabled all deposits running via LibertyReserve, i.e. you cannot withdraw, redeposit or deposit anything until LR is back online. The communication with the membership was also better and everything was perfectly explained in the latest update from the admin of FloatingFastProfit:
“Don’t worry about that!
I decided to inform you about LibertyReserve downtime. Currently LibertyReserve payment system still offline for maintenance, due to this reason I temporarily disabled the Payout button for LibertyReserve deposits. As soon as LibertyReserve will back online, I’ll enable the Payout button again. Of course, I’ll send all pending payouts as usual.
They promised: This maintenance should not last more than 1-2 hours. This information posted by Jennifer at 11:51 AM, but much more time elapsed. I’m still waiting like many other peoples and I very hope you’ll support me.
P. S. See our “Site news” for getting last information. PerfectMoney services is online. You can make deposits or request payouts as usual.”
Some bad news which is also connected with LibertyReserve payment processor came today from ResidualForexIncome program (reviewed here). It seems LR has restricted their account without providing any logical explanation for it. So if you have pendings to LR you can request payments temporarily to your AlertPay account. I hope the situation will be resolved soon after LR is back online. Here is the latest update from ResidualForexIncome team:
“Warning! Yesterday on the 26th Feb RFI personal LibertyReserve account was restricted from any outgoing transactions for no definite reason without notifying on this matter. Upon submitting numerous support tickets and live support discussion no official response or explanation has ever been given from LR side. In other words all the funds which by various means have been accumulated on the account are temporarily blocked. Thus no payouts or any other scheduled payment can be performed at this moment.
We are trying to resolve this matter as soon as possible but RFI is not the one to dictate the terms in this situation. Either server maintenance or any other security updates was to cause this block this is absolutely unacceptable for LR to act this way.
We apologize for this inconvenience to all members but RFI cannot proceed further with using LR unless detailed explanation is provided from LR side and the account is unblocked. From project’s part all possible efforts are being made to resolve this problem.
For those who have pending cashouts in LR it is possible to request a conversion to AlertPay by sending a request to support@residualforexincome.biz attaching the cashout details. We are doing our best to maintain credibility status despite current circumstances which temporarily lie out of RFI control and will.
Sorry for inconveniences and thanks for understanding.”
With all that uncertainty surrounding LibertyReserve it seems their competitors like the newly launched EvoWallet don’t waste much time and are offering the new exciting depositing and withdrawing options including launching their own debit card. Honestly, I didn’t expect such an encouraging update from EvoWallet and I was pleasantly surprised by their work. I hope they will not stop on that and continue its development:
“We are very excited to announce that EvoWallet will be fully launched by midnight tonight, and with it EvoPay.net, our Official Exchanger “sister” site that will enable members to fund their EvoWallet accounts or withdraw from EvoWallet easily and quickly!!
Members will be able to fund their Evo accounts from EvoPay via LibertyReserve, bank wire, Western Union or Moneygram. They may withdraw via bank wire, Western Union or Moneygram.
We also offer another fantastic option in the EvoWallet Debit Card. Our pre-paid Debit Card is an excellent way to withdraw money at millions of automatic ATM stations globally. Our fees are low and you can easily fund your Evo Visa or Master Card with EvoWallet and LibertyReserve, usually within 6hrs. Only verified EvoWallet members may purchase the card, but no other paperwork is required.
Please note that Evopay.net is a division of Evotrade Inc. fully incorporated in the Offshore Jurisdiction of Monrovia, Liberia. Because we respect dearly our members privacy, and to avoid ongoing issues faced by similar payment processors, we made the decision to operate outside the USA where each members’ privacy is duly protected. An offshore corporation is ideal for international business. Offshore companies are used all over the world in everyday business transactions, so it is perfectly legal. The benefits of an offshore company are far more than those of a local company, and we believe that this will be much appreciated by our members.
More blog news tomorrow, along with our promised Launch Contest so members can celebrate with us! Your Excited Evo Team”
Since I have most of my withdrawals coming from LibertyReserve which is currently offline I will update you on the programs that paid me tomorrow. I would just like to add that the use of StrictPay debit cards is temporary disabled and an explanation was provided to all StrictPay debit card holders by email. Since it’s quite lengthy I will not publish it on my blog today but I just would like to express my hope that StrictPay will continue its good work. I must say it’s still my favorite payment processor and I wish those guys a lot of luck and success in this highly competitive arena.
To finish I would like to introduce two new surfing programs I joined today. The first one of them is 13x11Pro. It’s another program on Neversay script offering 13% for 11 days as is obvious from the name. Only 10 sites should be surfed in order to get your daily rebates and the payouts are paid on expiry. The growth that 13x11Pro experienced for the first two days online can be considered nothing less than great as it’s more than 200 members and counting. Perhaps it’s the results of huge advertising campaign that was launched just straight after 13x11Pro site was launched. The site is hosted on a shared server by HushHosting so there is nothing special regarding this. 13X11Pro accepts five payment processors with $13 minimum to upgrade (the cost of one advertising unit): AlertPay, LibertyReserve, PerfectMoney, StrictPay and EvoWallet. I just tested the website of 13x11Pro and everything went smooth including surfing so I expect nothing but a positive experience from them.
The second site called ProjectSurf is perhaps familiar to many of you as it attracted much attention during its first 12 days online. The admin Frankie CC wants his program to become the second PAC with a sustainable plan of 9% for 15 days of surfing (135%) paid on expiry on offer. If it’s true or not we will see in the future but from the beginning I must say that I like his site very much. The lesson was learned the hard way and after the first DDoS-attacks the admin moved the site to a dedicated server by HushHosting. The cost of one ad pack in ProjectSurf is $6 and you can upgrade via different payment processors including: LibertyReserve, StrictPay and SolidTrustPay. We should see the first payments in a couple of days already after which I’m going to publish the review of ProjectSurf. So stay tuned for that!
That’s it for today. Have a good weekend and I’ll see you on my blog tomorrow!
Filed under Daily News, Reviews by on Feb 28th, 2009. Comment.
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