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

Hi everybody! Today I want to get back to the subject of HYIPs and more specifically a relatively new program called NorthBizz. And why not? Apart from yesterday’s review there’s precious little else to catch the eye in the autosurf industry at the moment. Of course that’s not the real reason I’m reviewing this program today. Actually it’s quite an interesting program in its own right and is well worth at least a closer look.

Starting with the plans, there are three available for you to choose from. Realistically however only one of the three plans would be affordable to the majority of online investors. And that is called the NB Silver Plan. Minimum investment here is just $5 so it’s open to just about everyone. It runs for 85 business days and during that period you will earn 2% interest per business day. At the end of this investment term 20% of your principal will be returned. So if we take a sample investment of $100 we can see that you will break even after 50 days and will be earning pure profit every day after that. When the 85 days are over you should have received 170% of your money back with the 20% lump sum bringing your final earnings to 190% of your initial principal. The maximum deposit that will be accepted in this plan is $5000.

The next two programs in NorthBizz are a bit more expensive and I think not really of much interest to most of the investors that I know. But purely for information reasons I’ll just give you a brief description. The NB Gold Plan is open to deposits ranging $5001 to $20,000 and it pays you 2.8% interest per business day. And finally there is the NB Platinum Plan that accepts deposits from $20,001 to a maximum of $50,000 and pays a daily return of 4% per business day on your investment. Both of these plans run for 85 business days and both of them return 20% of your principal on expiry. But if you have that kind of money I doubt you play such online games with it. Anyway, the payment options available to those who wish to join any of these three plans are LibertyReserve, PerfectMoney, and EvoWallet.

The security is quite good in NorthBizz, and with the added benefit of SSL encryption looks professional. It’s hosted on a dedicated server by NetServicePro and is protected from DdoS attacks. It also runs off a completely customized script and has an excellent design overall. It’s user friendly and easy to navigate and really looks to be put together by professionals in this area. It also has a good comprehensive FAQ section that is broken down into different categories and gives a brief but satisfactory answer to most questions. Except I strongly suggest you ignore their claim that they can offer a guarantee on your principal. Customer support is offered in the form of an online e-mail ticketing system.

A lot of noise is made about their claims to be involved in the oh so magical of Forex trading where, if HYIP admins are to be believed, nobody can ever lose money. Of course not a shred of evidence is offered to back up their claims. They also make the claim to be offering “investment management services for individuals, families and corporations”. I tend to doubt they are getting much action from the corporate world somehow. Furthermore a company that is perfectly happy to take $50,000 of your money but doesn’t offer a telephone number or contact address has to look a little, well, odd. But to be fair to NorthBizz they never at any point claim to be a legitimate registered business entity, and if you take the time to read through the whole site you will see that they are quite candid about the fact that they are not.

Another thing I need to say about NorthBizz, and I know I’m going to take a lot of criticism for this, but I simply cannot get over the comparisons between this and the now demised CapitalCorpex program from some months back. I won’t over emphasize this as I will never actually prove it, and anyway, I don’t think it’s an altogether bad thing either. But every aspect of NorthBizz from the design to the plans to the hosting and script are very very similar. In fact even their banners made me look twice they were that similar. I am not making accusations by the way, just an observation which I as a neutral find hard to ignore.

But as I said it’s not all bad. I think these guys are well capable of running a good HYIP. Sustainable and realistically achievable plans managed by experienced HYIP players in a secure and protected environment. They already have one month under their belt, but I would seriously expect them to run for several more. As I always say in every review, don’t go nuts with the check book in any HYIP and always diversify your portfolio. Having reminded you of that I would say NorthBizz is probably not a bad addition to that diversified portfolio.

Other news for today.

As I already reported yesterday NovalexFinance (reviewed here) announced two major news stories today: the adding of a new e-currency EcuMoney (together with PerfectMoney and StrictPay) and the insurance of their identity by Comodo by one million dollars. Not bad at all I would say and certainly that’s good news for those who are enjoying NovalexFinance – definitely one of the best HYIPs of 2009. Here is the full update from the administration of NovalexFinance:
“We want to represent you a new reputable payment processor – ECUmoney.com. In the last week, we were able to create our Corporate ECU GOLD VERIFIED account with them. To get the Gold ECU Seal, the ECU User must send a notarized copy of his ID and a notarized copy of an utility bill. If you already have an ECU account, you can now make your investment using this payment method. We received several requests to add LibertyReserve and SolidTrustPay and we are working to add them in the future.
Comodo should undergo a full two-factor validation of both domain name and company details before issuance, in order to provide the highest levels of security and trust for our customers. Comodo has verified NovalexFinance Inc. indentity and legal status as Authentic & Secure and give us $1’000’000 warranty insurance.”

For those of you who were interested in investing in a new program on my listing – InvestmentForge but couldn’t access the site for the last couple of days there is some very good news to report. First of all the site of InvestmentForge has come back online today. Secondly, and most importantly, all the pendings have been paid today. So after 8 months online I would say InvestmentForge is still a good choice for investors. A more detailed review of the program will be published on my blog later this week. Stay tuned for that!

The admin of EdwardBrownInvestment keeps improving his site which recently was completely redesigned with a new Waylex script being implemented. So some pages have been added to EdwardBrownInvestments site (reviewed here) recently which will certainly help the admin promote his program in a better way. Here is the latest updates published on EdwardBrownInvestments site:
“Promo Page Added!
We have added another new page to the site, the “Promo Page”.
Here you will find ad copies, keywords, articles, and more; to help you promote EBI.
You can find this in the “Referral” section of your account.
Rate Us Page Added!
Hello Everyone, please check out the latest addition to the site, the “Rate Us” page.
You can view it at this link or by clicking on the button in the top toolbar of the site.
Thanks for your support and Have a great day!”

The admin of CashExplosive (reviewed here) updated everybody about the current state of events in the program. It appears that all the pendings have been paid and free members of CashExplosive are advised to get their accounts upgraded ASAP to avoid deletion. I remind you that CashExplosive is an autosurf program that pays you 12% for 12 days with daily payouts. Here is the latest update from the program:
“It’s a FANTASTIC Tuesday Morning, isn’t it ?
We have been reviewed this morning by money-news blog. I shall update their banner on the homepage to enable you read the review.
All Cashout requested have been completed for today, Please visit one of our below forum / Monitors and cast a vote for us.
All free members should please upgrade their account or will be deleted from the site.
Happy Surfing, and thanks for all your support towards the growth of CashExplosive.”

The admin of ProjectSurf Frankie (read my interview with him here) also warned about the necessity to upgrade the accounts of all the free members of the program to avoid deletion. In his latest long update which I received last night Frankie also told us that he really wanted to change the industry and that he considered his program a success because he keeps working hard and have some bold ideas about making ProjectSurf the best in the industry. Well, I myself admire such commitment in program admins and I know that Frankie is kinda straightforward and no-bullshit type of person who is not afraid to speak the truth about some bad things happening in this industry. Maybe that’s why ProjectSurf is being slated by so many naysayers and even put to Not Paying status on some infamous forums and monitors. In my honest opinion, ProjectSurf will be able to prevail in the end and become a highly successful program of 2009. I honestly believe that the admin of ProjectSurf has the guts and strength to create something really worthwhile in this industry and break the chain of this 1-2 cycle surfs. Some exciting plans and what we should expect from ProjectSurf in the near future are also there, in the latest update which I encourage you to read carefully so as not to miss possibly one of the best and definitely one of the most promising surfing sites in 2009:
“Happy Monday Everyone, It seems I am attracting all the Looney Bins trying to say anything just to try and discredit my program and it has been happening since day 1 since I launched.
I have had so much negativity since conception even my hosting provider did not think I would last this long. ..lol. I will be 100% honest it is not because of any upgrades that this program is surviving, it is because of my own hard work and revenue thus far that I am establishing here and I do it for the e-mails I get from single MOMS telling me how grateful they are to find a reliable program and many people that are putting their trust in me etc. I will do my best to create a good program for everyone and I do not want to give anyone an impression that I am running a “PONZI” that is not the case and I will do my best to at least give my members a earning incentive even if the ROI changes slightly down in the future, I want to be here a long time as I have many plans with this site and not just surfing.
Please do not use the same password you do with other programs, I have had 4 occasions were members accounts were changed because of this and NOW I have to process all Pendings manually and double check from my PP that those upgrades were from the members accounts to make sure, I am trying to create a real business model so please be patient as I will get to your pendings accordingly it just may be an extra business day or two but I am still within terms lately.
It saddens me that I have free members that try and hurt this program in every which way they can either by putting bogus frame breakers or vulgar web sites etc so I am forced to delete all free members so I can do a clean sweep of all this non-sense as I have not had time to check each and every web site but I will now once I do this sweep.. So if you are serious and want to promote your website you need to upgrade once, get pass my sweep and you will be fine! Sorry about this but I run a tight ship and I cannot let any free member just take advantage of this to dilute my program with profanity, Free members have until tomorrow night to upgrade at least once to get past my sweep.
Last but not least, I am deleting and refunding 2 members that spoke negatively just so they can be cool and mock this program when they are in profit and I did not appreciate the mockery so I am deleting their membership which it would not matter cause they were in profit anyway but they would have been refunded in FULL regardless.
I am a very positive person and I will do my best for my membership as I have great plans but I also have a low tolerance for anyone trying to discredit anything I am involved in. I have many obstacles running this program more then any other admin out there I am sure and I am still here and will continue to be here! I am even creating a unique portion for the script were additional revenue will be disbursed back to new members not in profit as we go along… More on that as it develops. I said it once and I will say it again I will be the best out there and take this industry back to were it belongs!!! I have a BIG EGO and I will stand by it! –
I already outlasted all the new programs and most of my members are in profit already so I know I am doing a good job so please do your part and support ProjectSurf – it will be here when all other programs are gone… I am going to incorporate a community of niches to create a online active community of people to interact with each other while surfing… So Much More to Come very soon! Regards, Admin.”

Finally I would like to update you and count down the program I have been paid from today. So they are: SilverLodge, NorthBizz, NovalexFinance, GeniusFunds, NewDayInvestment, PanaMoney, RobusTrade, InfrastructureInv, UnionFunds, Verifield, CashExplosive, Treckswana, EdwardBrownInvestments, Nexelim, YenStock, PrincipalReturn, FinancialProfitsCorp, GoldNuggetInvest, OakCash, EwoCapital, EnscoOffshore, FlowBroker and InvestmentForge (the first payments received). See you on my blog tomorrow!