Apr 24th, 2009 Archives

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Well, it seems we are finally faced with the bitter consequences of the recent LR issues. So many programs which apparently were hit by these issues are collapsing rapidly now. I’m referring specifically to NewDayInvestment, ComradeFinance, UnionFunds, RobusTrade, TradeContract and MesirowFinance programs. I suggest that you be aware of that and not deposit your hard-earned money into those programs. Let’s analyze what could go wrong with these programs.

I warned about the new plans TradeContract suddenly added several days ago and it appears I was right. The program stopped paying shortly after the introduction of those new plans. Things were going bad for the program for sure otherwise the admin of TradeContract would not send begging emails about depositing via LR manually. He was surely not expecting that LR SCI downtime could affect his well-planned scam. It might have been the plot from the beginning: to run quite a successful program with decent and sustainable plans for a few months, then introduce new high-paying plans and run away. LibertyReserve ironically damaged all his oh so well planned intentions, lol.

It seems ComradeFinance and MesirowFinance were coming from the same admin. There were way too many similarities between those two programs and of course they stopped paying almost at the same time. The admin of those programs is silent to the investors’ requests and surely he has no money to pay. Three days of LR downtime was obviously suicidal for him.

UnionFunds just switched off their automatic payout system and apparently forgot to switch it back on after LibertyReserve got back on track. Well, this is no excuse as I have three pending withdrawals which is outside their TOS completely.

As to RobusTrade the program turned to be a total scam and the payments halted after just 25 days online. Of course, those investors who were into the program from the beginning and never reinvested after getting the profit from 5- and 15-day plans are in profit now although those who reinvested or joined too late must be at a loss. RobusTrade‘s cashflow was possibly affected by LR issues despite them accepting three other e-currencies. The admin of the program also never bothered to send me the interview questions and now I understand why.

NewDayInvestment was simply an amateurish program with unlicensed script and poor security so it’s no wonder that I received some update from them a couple of days ago where the admin apologized for the delays with the payouts and emphasized that the reason for the delay was an issue with LR API interface. In reality there was no such issue and all the programs that used API interface for payments had no excuse for not processing them. Deposits could not be made automatically but all withdrawals could be processed. There we see another lie from the admin of NewDayInvestment which led to its premature demise.

All those programs that I was talking about are almost dead and will be moved to Not Paying status on my monitoring page soon unless the payments resume which is unlikely to happen. So please be cautious and don’t invest in them anymore.

Unfortunately I have to move Nexelim to Waiting status because despite the admin’s promises the pending payments are ignored and remain unpaid. Possibly the admin hoped to replenish the funds from LibertyReserve deposits during the days following the unfortunate recent events with SCI interface but obviously this failed and the payouts simply stopped. The same goes with ProjectSurf which I’m currently moving to Waiting status for its selective payouts and constant delaying of payments. These programs will stay on Waiting status for a couple of days unless I hear something positive from the admins or the payouts resume.

I was quite disappointed with the recent decision which I got from the admin of SilverLodge Louise (interviewed here) last night postponing our meeting in London until the middle of May. I wonder if other investors will be met in the end of April as was promised since some weeks back. Anyway, I hope that I will be able to discuss his program face-to-face with Louise and remind you that the last day when you can join and deposit in SilverLodge is tomorrow. I remind you also that after that the doors of the program will be closed and new sign-ups will not be allowed for some time. So I suggest you reserve your spot if you’re not a member of SilverLodge already.

I have added another program to my monitoring today called GearsOfProfit. Well, you might remember some successful programs running on X-HYIP script recently with the latest one being VolcanoInvest. You must also remember then that all the programs were highly successful in terms of longevity and stability with only some unpredictable events like LR downtime affecting their performance. As far as I know many members of VolcanoInvest not in profit were refunded some percentage which is a really rare event in the history of HYIPs. Anyway, GearsOfProfit just launched yesterday and it’s of course another short-term program with some kind of anti hit-n-runner protection in place. The plans are: 103% after 1 day, 108% after 2 days and 114% after 3 days. Remember that the minimum to invest in each plan is $5 and the maximum is limited to $100 in each plan. The maximum amount deposited should not exceed $3,000 which will surely be handy because of many people that will rush to deposit into GearsOfProfit during the first days knowing just that it is based on X-HYIP script. The payment processors accepted are: LibertyReserve, PerfectMoney and EvoWallet and remember that no payouts will be made on Sundays (you can only reinvest on these days) so plan your investments in GearsOfProfit accordingly. In terms of security, GearsOfProfit is also top-notch: hosted on a dedicated server by BlackLotus it has the full DDoS-protection and SSL-secured pages so you can enter your info via secured channel without the fear that your sensitive info will be compromised. There are also detailed stats available on GearsOfProfit site as it was with all X-HYIP programs so you can actually trace the program’s performance in real time and draw your own conclusions as to reinvest or not. Remember that GearsOfProfit is only an HYIP game so it’s quite risky but taking into account the admin’s experience with other programs I consider GearsOfProfit has a low risk especially if you invest in it on early stages. Look for my detailed review of the program soon.

I got paid today from the following programs: FinancialProfitsCorp, GeniusFunds, ImperialFinances, SilverLodge, Hassan-Al-Fadi, GoldNuggetInvest, NovalexFinance, ProfitROI, DimensionalWealthFund, InvestmentForge, EdwardBrownInvestments, FlowBroker and EwoCapital. By the way, I am taking a day off from news tomorrow and the next news section can be expected on Sunday. I think I deserve the day off anyway but you will still be able to read something new on my blog. So stay tuned for the interview with the admin of ProfitROI (reviewed here) which has already become a definite hit among short-term programs and see you tomorrow! Have a nice weekend, guys!

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