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

Hi everybody! Well first of all I know most readers are entering into a holiday period now so let me just give you all my best wishes for the coming days and hope that no matter what your personal beliefs that this will be a happy and prosperous time for you all and that this coming holiday will be everything you hope it to be.

Today meanwhile I want to take a closer look at a program I joined recently called InvestmentForge. I wouldn’t exactly say it’s a new program mind you, just that I am a new member. In fact this one has been running for almost nine months now, and that by itself is a simply massive achievement in this industry. Anybody that can stay online and continue to pay their customers for three to four months would usually be enough to make most people sit up and take note, but this is altogether a new level. So let’s see if we can figure out why, and what the prospects are for the new members to be in profit coming into such an established program for the first time now.

First I suppose there are the plans. There are three of them and they work as follows. Plan A runs for 40 business days and will pay you a variable rate of interest per day. It fluctuates according to the overall performance of the program but can pay anything up to a maximum of 2% interest daily on business days, i.e Monday through Friday. The minimum amount accepted here is quite high compared to most HYIPs at $50. The maximum deposit is $500 and you are allowed to withdraw once per 24 hours.

Next, for the bigger players out there is Plan B which runs for the longer period of 80 business days. Deposits here start at a minimum of $500 and will pay you up to 2.4% interest per business day. I say “up to” because as with Plan A this figure can also vary from day to day. The maximum figure you may deposit here is $5000 and you are allowed to make one withdrawal per seven day period.

And finally Plan C. As this one starts at $5000 I’ll just touch on it briefly for information purposes. It also has variable payments, this time up to 2.8% per business day for 120 business days. If this sounds like an option that suits you then I advise you to see if you can discuss it in person with the admin before doing anything.

LibertyReserve is the only payment processor being accepted and although the FAQ section says they might add more options, after nine months I doubt it will happen. You are requested to allow 48 hours before expecting your withdrawal request to be completed.

Also I should mention that I would usually offer a practical example of how much you might expect to earn from depositing in a particular plan. This time however I feel it best not to. As all the daily interest rate can change from day to day it would simply be misleading of me to to offer any examples. But one other thing I could say about the plans on offer from InvestmentForge is that it is quite possible that certain aspects of them that I would often suggest to be detrimental to a program may have worked in this programs favor. To a certain extent anyway. First of all the relatively high minimum spend of $50. And then the very limited choice of payment options. Usually this would simply restrict the membership but perhaps in this case “restrict” is a negative word best replaced by saying it has helped keep growth in membership at a slow and manageable level that the admin can comfortably handle? I don’t know for sure but it could be one factor contributing to their longevity.

The security is not too bad. I’ve seen both better and worse, but it’s quite acceptable. It’s hosted on a dedicated server although I’m still not sure who by. And the script is as far as I can see the same one being used by NanoMoneyCorp and StableInterest. So it does have some other programs using it successfully. Customer support comes via an e-mail ticketing system. However there is no SSL, no telephone support, no live chat and no postal address listed. From a company that is pleased to accept $100,000 from you while claiming to be a legally registered company, well that’s not really too clever now is it? I suggest you ignore all claims regarding their trading activities (even if they are true what does it guarantee you anyway?) and treat it as any other HYIP. Proceed with caution but as HYIPs go I like it anyway. InvestmentForge didn’t survive this long without knowing what they’re doing, so obviously there is some successful plan in motion behind the scenes.

The final word? InvestmentForge is not without its flaws but they’ve made it this far, so they gotta be doing something right. Worth an affordable deposit and as part as a diversified portfolio.

Other news for today.

I seems that LibertyReserve, being offline and online all day long yesterday caused many troubles to the investment programs. It seems the DdoS attack is over now which allowed many HYIPs to report that all the pendings were paid and the programs were back to normal. For instance, I received an email from the admin of NorthBizz program (reviewed here) about the payouts back on track again:
“Yesterday LibertyReserve was under a ddos attack. Access to website was impossible and payment process had delay. Now everything is fine and all payments done.”

But LibertyReserve issues were only one of a number of different problemss some programs are having. Some members of ProjectSurf (reviewed here) for example reported about the inaccessibility of the site or the inability to log in to their accounts. The admin of the ProjectSurf site Frankie (interviewed here) promised to do everything possible to ensure the access to the website to everybody. I hope he will work on the issue together with his hosting provider HushHosting. In addition, the payments in ProjectSurf are being delayed for over 72 business hours already which is against their usual policy. I myself have a couple of pendings not processed since last Friday. I am usually very flexible about waiting for the payouts but only if the admin tells me what’s wrong. In this case I will give Frankie the benefit of the doubt but I also have to think about presenting the info on how it is therefore I have to move ProjectSurf website to Waiting status on my monitoring page. Hope it will be just temporary until the payouts resume because I really like ProjectSurf program and would hate to see it go.

It seems another autosurf program CashExplosive has some cashflow problems. Otherwise, why would the admin of the program change the terms of the cashouts from being paid daily to being paid on expiry. But that’s what he’s done and starting today you will only be able to request your cashout on expiry which is after 12 days (see my review of the program for more info here). The worst thing is that the expiration rule seems to apply immediately to all the members, even those who joined the program hoping to have their cashouts made daily. I would give the admin of CashExplosive the benefit of the doubt though because the payouts are still on time and the FAQs have been changed already. Who knows: maybe this new rule will really ensure the longevity of CashExplosive surf and allow us to enjoy the benefits of stable payouts for a longer time. Anyway, here is the update from the admin regarding the change in payouts which he gave us last night:
“Starting from tomorrow, we are changing the withdrawal plan from daily withdrawal to cashout upon ad pack expiration (12 day).”

It seems that SilverLodge (read the last interview with the admin here) has some glitch in the script which doesn’t allow me to withdraw the profit from my account. It appears the system was mistakingly set up to allow minimum withdrawals as high as $50 instead of previous $2.5. I think such a high withdrawal minimum was definitely not in the admin’s plans and I have notified Louise about this glitch already. Meanwhile, please remember that SilverLodge will go private just in six days and so read the following update carefully to ensure you perfectly understand the current situation and can reserve a spot for yourself in SilverLodge by joining and depositing before the date given in the update:
“Dear Members, a nice and great holiday time (if you have one). We will also take a little time for the family and Dominique will be on support 1x a day not as usually 24 hours a day.
We will give our best investors a nice extra present on the 28.04.2009 when we meet in London, all VIP investors will be contacted by email, and if you can’t make it, we will just send you a nice silver present to your address, please wait for our email therefore.
I also like to make clear that all non investors will be deleted after the 15.04.2009, please make sure to have invested or tell your downline to do so, so they can stay with us after this day. Furthermore, on this day our bonus will not be valid anymore so if you want to make an extra 10% for investments over $1000 the time is now, for larger investments we will give 15% for investments larger as $2500 and 18% for investments larger as $5000, for investments larger as $10000 we will provide a 20% bonus, and even 22% for higher amounts as $30000, so feel free to take us up on this promotion, it will be expire on the 15.04.2009 – indefinitely!
Have a good time with your family.”

If you weren’t able to access your PanaMoney account yesterday note that their hosting upgraded their DdoS protection system and therefore there were temporary difficulties with accessing the member’s area:
“Due to the equipment upgrade of our DDoS protection provider, the client’s area of our website can be unavailable from some locations. The issue will be resolved shortly. Sorry for the inconvenience.”
It seems not everything’s fine now and I can access my PanaMoney account perfectly well again. By the way, if you’re not a member of PanaMoney yet you really should consider joining – the program is really great and more details of how it works are available in my review of the program published here or in my interview with the admin of PamaMoney published here. I am considering conducting another interview with the admin because 6 months have passed since I first interviewed them so definitely many things changed and I wonder what exactly turned PanaMoney into such a successful program. So stay tuned for the upcoming interview!

Another good and program and one paying for a couple of years now is NanoMoneyCorp (reviewed here). I am already on my third cycle with them and it’s still doing well. Those who joined the program under me would agree that it’s one of the best low-ROI HYIPs now. Anyway, the admin of NanoMoneyCorp warned all the members recently from using some particular email addresses which prevent the investors from receiving important updates via email:
“Important notice about missing e-mails!
Dear Investors and Partners!
It is our regret to mention that we can’t process some of the e-mail sent to us due to the fact that some e-mail providers are blocking our IP address.
E-mail providers like earthlink.net, range.es, mail.ru, mail.it, inbox.ru, es.europa.eu, telering.at block our mail server for unknown reasons. Please do not use the above mentioned e-mails as you would not be able to receive an messages from us.
We have contacted all the above mail providers but mostly this ended in no results. Some of them removes our IP from blocked but problems happens soon again.
So please do not use these e-mail providers if you want to open account and contact us with no problems.
Hope for your understanding.”

FinancialProfitsCorp (reviewed here) program had some issues as well today. All the members couldn’t access their account for many hours because some server problems. The admin of FinancialProfitsCorp Kevin has already apologized for the inconvenience caused in his recent mass email to the members of the program:
“We had some problems with our server today, wich caused issues with account’s access, problems are now fixed. Please accept our apologies for this delay and thanks for your patience.
You can now login into your account without problem.”

The last news today is from NewDayInvestment program (reviewed here). As the admin reported to me today he is seriously looking to add some new payment processors to be accepted by his site together with LibertyReserve. So the good news is that hopefully more payment options will be available for the members of NewDayInvestment program soon. There was also an issue with secured channel today but now everything seems to be alright:
“We have issues with our SSL – our hoster changed some information, therefore SSL is not working. We are correcting this problem at the moment.”

And so to finish the news section I would like to tell you the list of the programs that paid me today: PanaMoney, SilverLodge, NorthBizz, GoldNuggetInvest, MajorBarter, RobusTrade, Nexelim, AcrylicTrade, InfrastructureInv, EdwardBrownInvestments, UnionFunds, EnscoOffshore, YenStock, PrincipalReturn, EwoCapital, NanoMoneyCorp, InvestmentForge, GeniusFunds, FinancialProfitCorp, FlowBroker, CashExplosive and OakCash. This is all for today and I’ll see you on my blog tomorrow!