THIS PROGRAM HAS CLOSED! PLEASE DON’T INVEST!

Hi guys! I hope everyone’s weekend is going well and if you’re like me your Sunday is the most relaxing day of your week. Relaxing doesn’t amount to sitting around doing nothing for money-news-online of course! As usual if the news doesn’t stop then neither do I, so today I want to share the latest program I joined with you. It’s called GearsOfProfit and I have reasonably good expectations of it. Some of the more experienced investors reading this may agree that there is shall we say, a familiar look to this one. Similarities with certain other successful programs are plain to see, although there is obviously no solid proof of this. More about that at the end but first let’s start with the plans.

First of all I guess I’d call GearsOfProfit a short term high rate of interest program which I know by itself is enough to get most readers interested. There are three individual investment plans on offer from the site, and all of them are quite affordable which in my opinion is always a huge bonus before we even look at what those plans actually are. All three plans have a basic minimum investment amount of a very affordable $5 and and all have the same maximum permitted investment amount of $100 per transaction up to a total of $3000. In a clever move to eliminate hit’n’runners GearsOfProfit have implemented a system that limits the amount you may deposit in any single transaction so if you wish to invest the maximum of $3000 what you need to do is deposit $100 thirty times. How does that prevent HARs? You are limited to two withdrawals per day. Your $3000 deposit will actually be listed as thirty different deposits so you can claim from two of them while the remaining 28 stay untouched until tomorrow at least.

Anyway, where was I? The plans pay as follows. The Bronze Plan runs for just 1 day and will give you a return of 103%. The Silver Plan runs for 2 days and pays 108%. And finally the Gold Plan runs for 3 days and pays 114%. Payments in all plans are made on expiry. Your principal is included in all of these payouts. The payment options here are a bit limited with only LibertyReserve, PerfectMoney, and EvoWallet being accepted. Well I say “limited” but I suppose those are the main options we can expect from any HYIP really.

A couple of other points I need to make about the plans is that no payouts will be processed on Sunday. You may however deposit on Sunday. Also when it comes to requesting your payments (they’re not automatic) you will be afforded the option of withdrawing all or part of your money with the option of leaving as much or as little as you wish to roll over.

The security of GearsOfProfit is as far as HYIPs go, exceptional. The admin here really needs to be commended in his efforts here. No effort has been spared right from the start. It’s hosted on a dedicated server and has the full compliment of anti-DDoS protection. It’s hosted and protected by BlackLotus and at the risk of repeating myself, they might not be a company I’d care to deal with personally but despite my personal issues I won’t deny that they can provide an exceptional level of service.

The script is from X-HYIP which many of you will be familiar with. More about that at the end but for now I’ll just point out that it’s a quality product and I foresee few if any problems arising on that front. One of the many benefits of this script include the detailed statistics enabling you to check up on the programs performance in real time and let that information assist you in forming you decision on whether or not to join. And to crown it all GearsOfProfit is one of a growing yet lamentably small number of programs implementing the SSL encryption system. On a side note I should mention that judging by some of your e-mails I can see that more and more of you are starting to insist on a program having this feature before depositing so hopefully this attitude will spread and site admins will have no choice but to sit up and take note.

Anyway, other than that it’s quite a fresh and user friendly design with few hidden pitfalls. Everything seems well planned and laid out with the investor in mind. Customer support is available through an online e-mail ticketing system and live support is also sometimes available through Yahoo instant messenger. But the FAQ section is quite good and the short but to the point answers should clear up most of your queries.

So what’s the verdict? Well I for one quite like it. There is one point I want to come back to that I mentioned briefly at the start and that is some possible links between this and some other recent programs. Of course I know the admin will hate me saying this so let me be absolutely clear that I am in no way stating this as fact. I have no way to prove this and merely offer this as an observation. But in my opinion the programs that have run with X-HYIP in the past and offered similar plans have been exceptionally well organized and professionally managed. They were notable for their stability and profitability for the members. Only completely unforeseeable events like LR downtime had an adverse affect on them and that was totally outside of the admin’s control. I’m thinking of VolcanoInvest specifically here. Now I’m not trying to overstate the point as it remains my personal opinion but the fact is that the more experienced players reading this will all arrive at the same conclusion so it’s rather pointless of me to ignore it. But let me say that any alleged connection with VolcanoInvest is not a bad thing as the admin ran a good fair program and made a decent attempt to give as much of a refund as possible to those members not in profit when it finally closed.

The bottom line is that if you get into this early enough I think you stand to make a decent profit. All high ROI short term programs carry a lot more risk of course, that’s the price you pay for the high rate of interest, but I think the admin’s experience and (in my opinion) honesty should go some way towards countermanding that risk. Nevertheless it remains a game. I would as usual tend to ignore the claims of GearsOfProfit being somehow involved in Forex trading. Do you really need to be an expert to find the idea of a sustainable return of 114% after just three days trading Forex (or anything else) to be a bit of an exaggeration? Nonetheless it’s not a bad game and probably well worth an affordable deposit.

Other news for today.

As you might have noticed already ProfitROI site (reviewed here) was unavailable for several hours today. Yes, it was a DDoS-attack which has now been successfully mitigated by their hosting provider DdoSWiz and the site is perfectly accessible once more to everybody. Fortunately, the downtime didn’t last long, otherwise it would be suicidal for such a short-term program like ProfitROI that pays 25% for 5 days with daily payouts. The admin of the program Brandon showed that he’s really capable of handling an emercency situation in a professional manner and the program is back on track without any consequences which the downtime could have caused if it lasted longer. Here is the explanation of the DdoS-attack that hit ProfitROI today straight from Brandon:
“Hello, ProfitROI Members!
Today the site experienced first downtime for a few hours. I was out for some event so I checked my mail and I received a couple of messages regarding the downtime – I immediately contacted my hosting. They said it was a DDOS attack and so they worked on it to have the site back online. They’ve done now some upgrade so that’s why you see a new front page which gives the site extra-protection.
I saw first deposits received and I thank you for the support. I’m now about to process all pending payouts.”
By the way, yesterday the admin of ProfitROI sent out some reminders to the members about some commonly asked questions. Hopefully, this email together with my interview conducted with him (published here) will be of use for the members of ProfitROI program as well as for those thinking about joining the program:
“Recently I’ve received couple of questions regarding deposits & payouts. In this e-mail I will try to answer and explain you how exactly deposits and payouts are handled at ProfitROI.
1. You can have five active deposits at the same time. Each deposit has a minimum of $5 and maximum of $1,000. This means – you can have running five deposits at the same time which is $5,000.
2. You cannot deposit from the ProfitROI’s account balance. Therefore you have to deposit directly from your e-currency accounts like you did it first time.
3. Payouts are made to the same e-currency account you deposited from. The same goes for referral commissions – they will be paid on the payment processor your referral used to deposit from.
4. Our free members (without deposits) earns only 1% referral commission. Active members (with active deposits) earns 5% referral commission. So keep your account always active in order to earn the maximum from your referrals.
I hope you will find these 4 points helpful.”

NovalexFinance (reviewed here) seems to have experienced a DdoS attack a couple of days ago as well. The admin of the program left a message on the site informing the members about that (I know that NovalexFinance website was inaccessible for the most part of the day on April, 24):
“NovalexFinance website was offline due to massive DDos attacks. Now, our website is online again with a more powerful Anti-DDos server. Please accept our apologize for any inconvenience caused during this downtime.”

Some very good news came from Verifield program (reviewed here). It seems Verifield has made a decent sized profit for its members a couple of days ago and they shared the good news with everybody on their website:
“On Tuesday, April 21 Verifield have placed a buy order and have acquired Ford Motor Company (Public, NYSE:F) shares at market price $3.33, since it was quite obvious that the company current share price is way below all possible resistance levels. Two days later on Thursday morning after 9AM, Verifield have sold all shares at market price around $4.50 per share. Total gain from this trade is over 35%.
Innovationand precisely calculated market operations – that’s what we are all about at Verifield.”
By the way, I got my first instant payment from Verifield after 30 days. It seems business days are the days you can only receive your daily interest, but the payments are made on expiry of 30 calendar days. So I received more than 25% pure profit on my investment with Verifield in just 30 days. I still think it’s a good result and now look forward to another payment from the 60 day plan when I should get about 200% profit. Verifield is definitely one of the most interesting programs I joined recently and I highly recommend you try it. I hope to interview the admin of Verifield pretty soon to cover some topics which were not very clear to me.

Sorry to those who were unable to join SilverLodge but now new sign-ups are closed for at least the next several months and you missed the opportunity to join this program. If you are already a member of SilverLodge but haven’t made a deposit of $10 minimum please do it within the next 5 days or you will be deleted from the system for inactivity. Remember that SilverLodge has a real business to sustain the payouts and they don’t need new deposits to sustain them. The admin of the program Louise explained it well in an interview published on my blog here. So you have another 5 days to make a deposit in SilverLodge and don’t get deleted. I think it’s a great opportunity that is not to be missed:
“If you not invested yet but still accessing this member area, you were giving additional 5 days to invest, we will then delete your account without an additional warning, please not send us any emails about this, we were giving enough time to everyone.”

GoldNuggetInvest (reviewed here) is the only program that is higher in my rankings than SilverLodge. And the best part – GoldNuggetInvest is still open for new sign-ups but as the admin of the program Robert explained recently GNI should go private by the end of the year as well. I remind you that they started almost 3 years ago as a private investment club backed up by arbitrage betting until it grew into the program we see now with millions of dollars deposited. So don’t miss the opportunity to join this top performing program. As you might have noticed for the last couple of days GoldNuggetInvest was hard to access at times (although the site worked perfectly for me via proxy servers). It seems their hosting provider BlackLotus strengthened their protection which caused difficulties in accessing their accounts to regular members of the program. Some shabby monitors even hurried to put GoldNuggetInvest on Waiting status because of that although the explanation of the downtime was provided by the admin and the payouts never once stopped even for a second. In my honest opinion, the program that proved itself many times over during over two years of stable work deserves more trust from some monitors and regular members which were so concerned by the fate of the program that wrote many emails to the administration (and even to myself) causing unnecessary panic. I suggest you not to treat GoldNuggetInvest as a regular HYIP because as Robert said in my interview with him (published here) GNI is a real program backed up with real arbitrage betting investing. So please treat it in another way like it deserves!

By the way, I would like to mention that I receive dozens of emails from my readers on a daily basis and sometimes I just don’t have the spare time to answer them all within 24 hours. Remember that I have hundreds of readers but I handle my site alone so please allow me up to 48 hours to reply to you personally. This doesn’t mean of course that I don’t like receiving your emails or won’t answer them (please do ask me anything you want) but please be patient and don’t to send me the same email twice if it wasn’t answered the first time. I promise to answer every single email but sometimes it takes time and effort as many questions require detailed reply which I always provide if it’s necessary. So please again forgive me for being slow with replies and bear with me!

It appears that Hassan, the admin of Hassan-Al-Fadi program (reviewed here) faced some difficulties when trying to implement deposits via SolidTrustPay and temporarily this option remains unavailable. I will update you if STP is accepted by Hassan-Al-Fadi on my blog but meanwhile another payment processor (Pecunix) was added together with the already accepted LibertyReserve, PerfectMoney and StrictPay payment processors. The admin reported about this recent addition in his latest update sent to the members:
“Dear Investors, I am happy to announce that I also accept Pecunix from now. Still you can invest with LibertyReserve (also the SCI form is working again), PerfectMoney or StrictPay. I recommend PerfectMoney and StrictPay for now. But of course all available E-Currencies are welcome with Hassan-Al-Fadi.”

NorthBizz program (reviewed here) just added another important option on its website – Live Chat. From now on you can ask all your questions regarding NorthBizz in real time which sometimes is definitely a very handy option:
“Today we launched Live Help in our website. Currently we don’t have any full time staff to support you in Live Help but we try to be online always during working hours.”

I just realized that without any announcement EwoCapital (reviewed here) changed their plans to the following: 1% daily (minimum deposit is $5), 8% weekly ($50 minimum) and 37% monthly ($150 minimum). Also the most recent announcement which I found on EwoCapital website was concerning the deposits which can be submitted manually from now on as well. So be aware of that if you’re a member there:
“Dear Customers, If you will have any difficulties sending funds using this merchant – you can also add funds to your EwoCapital account directly:
1) Make a payment from your LR, PM, AP account to EwoCapital LibertyReserve account (U4344658), PerfectMoney account (U1236304), AlertPay account (ewocapital@gmail.com)
2) Send your Batch number to EwoCapital Support.”

Somebody asked me why I haven’t moved ProjectSurf (reviewed here) to Not Paying status on my monitoring page yet and still keep it as Waiting although the payouts are still behind every reasonable term of service. Well, I’ll try to explain my point of view. “Not Paying” status means that an admin completely stopped communicating and payments are not being processing at all anymore. If (like in the case with ProjectSurf) some sporadic payouts are still being made and the admin keeps updating the members I simply feel that it’s unfair to put the program to Not Paying by not giving the admin one last chance to prove himself. Although I myself have many pending payours some of which dated back to 3 weeks ago I will keep the program in Waiting status for a while mostly because in his latest update to the members the admin of ProjectSurf Frankie promised to start payouts shortly to the members not in profit with others are to follow afterwards. Here is the latest from ProjectSurf:
“Just a short update.. I want to thank all my patient members… !!! You guys are the ones that keeps me striving to be the best… I honestly and truly appreciate all the support !!! every compliment I see on the forums makes me work harder!! –
Payouts are going to be going out shortly… They will go out in order of people not in Profit!!! – once everyone is in profit I will do the remaining payouts for everyone else!!!
After that I will change the ROI to a smaller percentage but that does not mean we will not make good money because I am launching another program soon were it is free for all my members… and they will share the revenue with me 50/50 all I ask is that you participate in responding to my advertising clients about their products in your own words (opinions)!!! – More on that will follow!!! -More to come soon!!”

It seems there are many phishing emails allegedly from “payment processors” circulating over the Internet now. Sorry but I have to say you need to be absolutely completely and utterly stupid to click on any phishing links from “payment processors” and submit private and sensitive info only to discover later that your account has been compromised and possibly emptied. So please be extremely cautious if you receive any email from LibertyReserve or any other processor with the link in it and the suggestion to update your account info, restore the account access, etc.

Some payment processors have sent emails to their members recently with the request not to click any suspicious links allegedly sent from them. Here is what I got from EvoWallet recently:
“Good afternoon, Evo Family! It has just come to our attention that at least some of our members were sent an email today regarding a promotional offer, and asked to click on a link and return the form to the sender (which purported to be admin@evowallet.com.) Please note: This was NOT from EvoWallet. This was a “phishing” letter. Please do NOT click on the link. We will never, under any circumstances, send out an offer of this kind. Your EvoWallet Team“.

Probably some accounts in SolidTrustPay have been compromised recently that’s why STP sent out an important email explaining why it is dangerous to click any links sent to you in the emails especially it they try to get your sensitive STP account information:
“WARNING! There is a phishing mail doing the rounds! If you get any email telling you have received money from an STP user, but need to verify your account with STP first before being able to receive it, then STOP! DO NOT respond to this email. DO NOT click on the link they supply to a fake STP WebPage! We will NEVER ask you to verify your details in this manner! If you respond to this email and fill in the details they require on their fake STP WebPage, then they will have harvested your STP access details!! Should this have happened to you, please contact our support department immediately for help.”

That would be it for today and more news from the industry will be published on my blog tomorrow. To finish I would just like to tell you the programs that paid me for the last 48 hours: ImperialFinances, FinancialProfitsCorp, ProfitROI, SilverLodge, YenStock, Verifield, EnscoOffshore, MajorBarter, CascoFunds, AsianInvestGroup, LloydFunds, GeniusFunds, DimensionalWealthFund, GoldNuggetInvest, EdwardBrownInvestments, NanoMoneyCorp, OakCash, Treckswana, FlowBroker, EwoCapital, VentureFundsGroup, NorthBizz and GearsOfProfit (the first payment received). See you tomorrow, guys!