FLIPRETURN IS CLOSED NOW! PLEASE READ THE UPDATE ON THE SITE!

Hi all! Today I’m finally getting around to taking a closer look at something I’ve been meaning to do for the last number of days. It shouldn’t be too much of a problem though as it’s a very long term program so being a day or two late with the intended review will have no real affect if you think you’d like to join. The program is called FlipReturn and I joined it last weekend, although they’ve been in operation since late April of this year.

So what’s the basic concept behind it all? Well, the keyword here is “piggybacking”. OK, I am aware that it’s not a very popular thing with many of you, but that, in a word, is what’s going on here. Long term investors will no doubt be aware of the extent of piggybacking in the HYIP industry, but for the benefit of the less experienced readers the idea is quite simple. You invest your money in an online HYIP. They may claim all manner of outside business activities (ForEx trading being a popular one) but here is what really happens. The admin invests your money in a higher paying HYIP site than his own, and pays you the lower rate of interest while keeping the change for himself. Don’t be too surprised if you are only becoming aware of this for the first time. It’s really just a microcosm of how the entire capitalist banking system operates anyway, isn’t it?

As I said, it’s a widespread practice, just not one that’s often so openly admitted to as it is by the admin of FlipReturn. Personally I have no problem with this, as long as he is honest about it from the start. Other admins would prefer you to believe they are Wall Street stock brokers. Isn’t the truth refreshing?! So with that in mind let’s take a look at the available plans.

They are not really that well explained on the FlipReturn website, in fact there are even a number of discrepancies between what it says on the FAQ page about your investment, and what in reality happens when you go to sign up. Usually I would say this looks a bit amateurish, and it is. But as I suppose they didn’t claim to be otherwise I can overlook it. So first of all I can tell you that there are three plans available, and that all three run for a duration of 300 calendar days with payments made daily and your principal is not returned on expiry.

The first plan is for small investors, with a minimum spend of $5 and an unusually low maximum of just $19. If you join this plan you can expect a daily income of 0.6%. That means that the total profit earned on expiry will add up to 180%. It might sound nice at first but would you really invest $10 and then wait for almost a year to get back $18? Up to you I guess.

The second plan is I imagine the most popular choice by some distance. The minimum you need to join here is $20, but the maximum this time goes all the way up to $4,999. Bit of a difference there I think you’ll agree. In return for joining this plan your reward will be a daily interest payment of 0.8%. Upon expiry your total profit here should have totaled at 240%. However you should remember that by joining here you will first break even after 125 days and after that it’s pure profit all the way.

For those of you not affected by global recession and still happy to throw buckets of cash around there is the third and final plan. Entry here will set you back a cool $5,000 so I mention it here purely for informational purposes. The maximum spend is $50,000. And for that you will get yourself a daily payment of 1%, meaning obviously you break even after 100 days and finish the thing out with 300% profit.

Long term plans with a low rate of interest such as the ones on offer from FlipReturn are quite achievable and sustainable if in the right hands. And there is also an excellent selection of payment processors to chose from with StrictPay, AlertPay, PerfectMoney, SolidTrustPay, and LibertyReserve all available for your deposits.

The design of the website itself is a little sloppy. I’m not sure just how much importance I would attach to that, but really some of it looks very careless. For one thing it’s poorly explained and that should be addressed immediately. Once you get past that however we can see that a bit more effort was put in to the security. First of all it’s hosted on a dedicated server provided by HushHosting. Their track record has been one of dependability so little cause for concern there one should hope. The script is licensed from Neversay. Customer support fast enough, although with only an e-mail address for you to contact yourself rather than the usual ticketing system. Of course this may have been sufficient when dealing with a small number of members, but if there is any ambition in FlipReturn they need to have these things in place before they become a problem, not after. Having said that, the most important thing is that questions and problems are being dealt with quickly and efficiently, so the actual mode of contact remains of secondary importance for now.

Overall I’d say it’s a reasonable concept. I mean why not? They say they re-invest your money in not less than twenty HYIPs. In that way if any one of them folds you are protected from heavy losses via your investment in the other nineteen. It’s fairly sound advice that I have often given out myself, but in no way, shape, or form do I agree with their banner sub-headline proclaiming “no risk”. No risk to the admin maybe, but the risk to investor remains the same. Remember he is the one claiming 20 investments, not you. You are being asked to invest with just one program. His one. The very mention of no risk in the online HYIP world is always enough to make me snigger and roll my eyes anyway.

I’m not trying to sound too cynical either though. They have been running since April which would suggest something is being done right, although membership does remain small. So an advertising campaign should also make it’s way onto the admin’s “to do” list. As a rule though programs like this, while they can often turn out to be quite good, can also prove very difficult to catch on. So we will have to wait and see where the next few months will take us with FlipReturn. If the admin is really as good as he would have you think at playing these games he should be aware of that and not be too worried about it either.

Other news for today.

There were a couple of pretty lengthy updates from the monitored programs today but I would like to start with EarnerSurfer (reviewed here) which is the hottest new surfing program now in my honest opinion. The admin Chris already processed the first withdrawals on expiry (140% after 20 days) to the first lucky members. And I was amongst them as I joined EarnerSurfer on day one seeing its huge potential. In his latest newsletter Chris congratulated the members on the first withdrawals having been processed and announced the raising of the maximum to deposit to $3,000. The first activity contest was also announced and you can read the rules in the newsletter published below:
“Today marks the real beginning for EarnerSurfer! We have been online now for 1 complete cycle and have got a lot done. I have started the payouts and most of which whom were paid posted in the forums. Thanks a lot everyone. We now have a bright future and with our members support can go a long way.
As of now all payouts have been processed and the sites in the rotator waiting approval have been enabled or disabled depending on if it’s a framebreaker. Also all is strong; it is an awesome feeling to know it everything is going just as planned and our goal of becoming a stable long term is happening. On another note, EarnerSurfer‘s hosting provider (KoDDOS) has proved to be a perfect match for our level of traffic and I have been 100% satisfied along with our members reporting smooth surfing everyday!
Now to start the party off, I would like to introduce a contest. This one involves the Forums. Starting today I am launching an Activity Contest. It will run 10 days and the rules are simple. (Finish July 11th) The top 5 members who are the most active in the forums will earn a prize based on the amount active in the thread. Another rule for the Contest, you must have in your signature a link to EarnerSurfer. (as always posting payment proofs will help) I will be active also in the MMG Forum daily and hope to see you there ;) The prizes will total $80 so this will be an easy way to get some easy cash.
The forums are the following:
http://www.moneymakergroup.com/Earnersurfer-Earnersurf-t278327.html
http://www.dreamteammoney.com/index.php?showtopic=77377
http://www.talkgold.com/forum/showthread.php?t=260116
Don’t worry if you can’t participate in this contest. I will be having some more fun ones in before the ending of the Activity Contest.
Last thing to report on today is the maximum deposit limit has been raised to $3000 from $2500. We have now quite a few maximum deposits and I feel we can now handle to raise the limit to $3000. For all members requesting information on the limit now you can upgrade any desired amount within the limit.
That’s all for today, in the next couple days I’m sure there will be more great news to report on.
If you need me don’t forget to stop by the forums or contact me through yahoo messenger “earnersurfer”.”

The admin of CoolReturn program (reviewed here) sent his first monthly newsletter to all the members. If the stats he mentioned in his email are true then I must say they are pretty amazing. Although you should know that many people first abused the bonus system which was developed by CoolReturn and signed-up many times from different IPs just to obtain the bonus. Hence I believe there are more than 400 members now, but how many of them are active I’m really not sure at all. The new thing for me in this update was the possibility to deposit and withdraw your funds via Bank Wires which is kinda convenient for many people. Really, bank wires can be very useful for investors if you want to avoid payment processors instability and high fees. So from now on you can take advantage on this offer. Tweaking the bonus system a little to avoid cheating, private deals on the investments higher than $10K and the possible addition of many new e-currencies as depositing options in the near future – all of that was discussed in the newest update from CoolReturn program:
“This is monthly newsletter of CoolReturn for June 2009.
CoolReturn completed its first month in online investment business. During first month business results were satisfactory. So far 444 people joined CoolReturn with 36,062$ deposits including reinvestment.
We do not have any kind of promotions right now as already 10%-15% deposit bonus offer is in action. However we have some fixation to this offer. Where there is offer there are cheaters. Some members misused this bonus offer and deposit 10$ again and again to get 10$ bonus with each deposit instead of depositing money at once. So from now onward if you are depositing less than 100$ and wants 10$ deposit bonus then you can get 10$ deposit bonus (for less than 100$ deposits) for maximum 3 times. If you deposit 10$ 4th time then you will not get any bonus on 4th less than 100$ deposit.
And for deposits above 100$, standard existing 10%-15% bonus offer is in action. But we can also terminate 10%-15% bonus offer on 31st July 2009 if results goes well as in first month. Always these kinds of bonus offers are to attract people at start of business and once business is established and performance is proved then no need to keep these offers. So at the end of July 2009 we may stop all kinds of bonus offers.
On request private deals available (10K+), these are the words that you might read at home page since day one of CoolReturn. Nothing new about this but some explanation about this offer. It means if you want to invest more than 10K with different plan than offered then you can write us what kind of investment plan you wants. We will check your offer and if possible we will accept your desired plan. This includes manual compounding of deposits, weekly plans or monthly plans.
And now some words about Bank <> Bank Investment Solutions that you may see from many days on our website. You can invest in CoolReturn without e-currency account. This is e-currency free investment solution. It means you can deposit funds by wire and withdraw funds to your bank account. For example If you send 10,000$ through bank wire then you will get same 10,000$ credit in your CoolReturn account. In same way we can send your profit directly to your bank account without extra cost. Contact us with expected amount of investment and desired plan.
You are also requested to please give us your support in discussion forums and monitors by posting comments and votes. Discussing CoolReturn in forums and monitors help in bringing genuine junk-free investment traffic to CoolReturn. This encourages others to invest in CoolReturn. We are doing our part at best by assisting you in making profit on your deposits and you help us in promotion of CoolReturn by posting votes and comments. Some new forum links and monitors are added and you can see all at our rating page. Each click on these links will open new window and make it easier for you to post comments and votes at your favorite site.
We are also working to add more e-currency options like PerfectMoney, AlertPay, SolidTrustPay, StrictPay, etc. You will hear news about this in 1-2 weeks. We will send another newsletter as soon as we add new payment option.
So basically nothing new as offers, a small fixation in less than 100$ deposit bonus offer and some explanation about Private Deals and Bank To Bank investment solutions.
We thank you all members who joined CoolReturn and trusted us for your investment needs.”

It came to me as a big surprise when I heard about the closure of Surfing4Roi program coming straight from the admin Francesco. The program was just 46 days online and many of the investors were stunned by this sudden decision by him. Although he is stating that the program faced with some difficulties from the very beginning and it’s a wonder it could survive for so long at all. Fortunately the admin was decent enough to disable the deposit button on his site as soon as he came to the sad decision. Some members of Surfing4Roi not in profit have already received their refunds but according to the admin’s own words it will be impossible to refund to everybody. This is how all the autosurfs work and the admin of Surfing4Roi promised to give us a much more detailed explanation behind the closure later on.

GlobalTraderGroup (reviewed here) announced today that the Pearl plan is disabled for new investments. I remind you that the plan offered investors 1.8% for 90 days. The members who already deposited into this plan will not be affected. Another special plan offering 2.05% for 150 days is still valid for new investments. In addition the admin of GlobalTraderGroup (interviewed here) sent the usual bi-weekly statement informing the investors about the results of their trading activities. Here are all the new updates from GlobalTraderGroup:
“We know that from today not accept new investments to the plan PEARL.
This plan has been disabled for new investments, but investors continue receiving their current interest normally.
Any questions, please contact us.
Thank you for choosing GlobalTraderGroup as your online investments manager. It is the great honor for us that you have chosen us as your online investment partner.
GlobalTraderGroup is designed to provide easy, hands-off investment management. You can also visit your online account and view reports on your investments in real time.
RESULTS:
Period: 14 jun to 30 jun – Year: 2009 – Date: 02 jul, 2009
*The values below are for the results of days of negotiations.
DAILY PLANS
Plan – Estimated Income – Income achieved – Income – Margin
Pearl 22.80% 20.99% 19.80% +1.19%
Plan – Estimated Income – Income achieved – Income – Margin
Platinum 36.75% 34.02% 33.75% +0.27%
Plan – Estimated Income – Income achieved – Income – Margin
Silver 15.10% 11.97% 12.10% -0.13%
Plan – Estimated Income – Income achieved – Income – Margin
Gold 17.30% 14.57% 14.30% +0.27%
Plan – Estimated Income – Income achieved – Income – Margin
Diamond 21.50% 18.27% 16.50% +1.77%
MONTHLY PLANS
Plan – Estimated Income – Income achieved – Income – Margin
Beta 21.00% 17.79% 18.00% -0.21%
Plan – Estimated Income – Income achieved – Income – Margin
Alpha 25.00% 23.02% 22.00% +1.02%
The results reported here do not alter the interest of investors.
This is just for your knowledge. In case of loss in any trade, use our reserve fund to cover.”

Unfortunately I received some very discouraging feedback from the members of SilverLodge program. It seems that not only did they not pay the requests to LibertyReserve, PerfectMoney and StrictPay, but some investors are still waiting on substantial 4-digit withdrawal figures to STP as well. The worst sign here is that the admin is silent indicating possible financial difficulties the program might be in now. Again I would suggest to hold off your deposits in SilverLodge at least till we hear some update from the admin.

Today I joined a program which perhaps I’m the most enthusiastic about in some time. The program is called OnisGroup and it has been online and paying for over 5 months already. It occupies top places on several monitoring sites already and after careful consideration I decided to join it as well. Of course you should expect a more detailed review of OnisGroup on my blog soon but right now I would like to mention what OnisGroup offers and why I’m so enthusiastic about them. First, the program offers some reasonable plans with variable daily returns (they are credited to your account on every calendar day). The first plan pays you from 1% to 2% for 30 days (30%-60% profit with $1 minimum investment), the second plan offers from 1.2% to 2.2% for 60 days (your potential profit can reach 72%-132% for the investments starting from $1K) and for the third plan aimed at the larger investors with over $5,000 minimum deposit you will be entitled to get from 1.5% to 2.5% for 90 days (your potential profit is 135%-165%). On top of that for every plan you will get your principal back at the end of your investment term with OnisGroup, compounding is also allowed and you can set the level of it when making a deposit. There are multiple payment processors accepted by OnisGroup and the list includes: AlertPay, LibertyReserve, PerfectMoney, StrictPay, EcuMoney, Pecunix and V-Money. Such high diversity together with a very low minimum to invest (just a single dollar) definitely makes OnisGroup highly affordable for any kind of investor. OnisGroup has an attractive and easy-on-the-eye layout, it’s hosted on a dedicated server with SSL-protection and uses a customized script which should ensure a stable and safe performance from the program in the long run. OnisGroup is actively advertised on many famous forums and monitors and I noticed very positive feedback from the investors regarding the timely and fast payouts. Hopefully OnisGroup program will become a long-term addition to the list of programs listed on my monitoring page. More details will be in the upcoming review of OnisGroup, so don’t miss it!

To end today’s post I would like to list the programs that paid me today: AsianInvestGroup, InvestiMates, GeniusFunds, AvartesCapital, Merchandies, Verifield, NanoMoneyCorp, PanaMoney, EnscoOffshore, GlobalTraderGroup, SteadyGrowthInvest, OilInsider, CoolReturn, ExcellentProfit, InvestmentForge, ProspectHits, EarnerSurfer, Treckswana, GoldNuggetInvest, ElegantMoney and NovalexFinance. By the way, the payout button in SazaInvestments (reviewed here) is enabled for another 24 hours so don’t forget to request your weekly payouts. See you on my blog tomorrow, guys!