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

Hi everyone! As you might remember I have been quite busy lately and so hopefully I can make up for the recent lack of activity today. I have plenty of time now as I write this from the comfort of the SJ train from Stockholm to Malmo where my vacation continues for a little while longer. I must say I’m quite impressed with the quality of public transport here. Even if it is a tad more expensive than most other countries, it’s a lot more efficient. Anyway I’ll take advantage of the spare couple of hours and get back to business with a news round-up from all the programs on my monitoring page and finally get around to reviewing a new long term HYIP I joined last week called AxaCofinance. When I say “long term” I of course use that term subjectively and mean it only in relation to HYIPs.

We’ll start with the plans I guess as that’s probably what you’re most interested in hearing about first. And it’s really very simple. Basically I’d say there is just one plan with a variety of options available within depending on the size of your deposit. So AxaCofinance‘s first option, appropriately titled “Option A”, is open to deposits ranging from a minimum of $10 to what could be considered a relatively low maximum of $99. It pays once per week with an interest payment of 10% for 15 calendar weeks. At the end of that period you will then have your principal returned. So that will be a total of 250% of your initial principal, ie 150% profit plus 100% principal. A practical example would be for an investment of let’s say $50 you will be paid $5 per week for 15 weeks adding up to $75 in profits by the time the thing expires and then have your initial $50 returned at the end. It will take 10 weeks for you to break even and will be in pure profit from week 11 onwards.

Option B is open to deposits between $100 and $999. For this you will receive a weekly interest payment of 11% for 15 weeks and also returns your principal on expiry. So if we take an example this time of a $100 sample investment that will net you a weekly payment of $11, earning you a total $165 in profit before returning your initial $100 on expiry. You will break even and be in profit from week number 10 onwards.

And finally Option C for all the big spenders. This will cost you a cool $1000 to join and you may deposit up to $25,000. A risk that big will get you a reward from AxaCofinance of 12% interest per week, again for 15 weeks and again with your principal returned on expiry. So in practical terms the minimum investment here will get you a weekly rebate of $120 per week, thus ensuring you break even and see your first profit upon receipt of your ninth weekly payment. Everything after that is pure profit and all going according to plan you should see out the project with a total profit of $1800 as well as having your original $1000 handed back.

One major boost to the potential earnings of AxaCofinance has definitely been the addition of StrictPay to the list of payment processors. I had earlier mentioned in my original introduction of the program last week that the limited number of payment options would do little to benefit the long term prospects of the program. At that point the only payment methods accepted were LibertyReserve and PerfectMoney. But thankfully the admin has taken heed and made some effort to expand on this. Hopefully there will be more as the program will never reach its full potential without this. As it stands though it can be regarded as pretty standard fare for a regular HYIP game. Acceptable but average.

Moving on to security AxaCofinance is running off a licensed version of the still new but increasingly popular MonetarySoft script. If you’re not familiar with it then you can read my interview with its developer originally published here. I’ve not heard about any security issues myself with this one and for a practical example of the script in operation I suppose the best known HYIP using it at the moment is probably SazaInvestments. Hosting is on a dedicated Staminus server so expect little in the way of downtime for the duration of the programs life span.

Customer support is offered via an online ticketing system. Unfortunately I have to say the FAQ page is a little bit thin on practical information, putting a lot more of an effort into blowing their own trumpet regarding their alleged investment activities. This time it’s not ForEx but rather the number two choice for HYIPs which is the trading of precious metals. Whatever. There’s no proof of any of that of course so as usual I’d skip over that part and just say straight out that AxaCofinance should be treated as an average HYIP game. At 10% to 12% per week it can be achievable if managed correctly. I can’t honestly vouch for what, if any, track record the admin has in this field but I get the impression it might not be that extensive. All in all AxaCofinance is a good HYIP but still an average one. Too much emphasis (more than most HYIPs) has been placed on texts written to confuse the reader into thinking there is some kind of expert in control but all the while it really tells us nothing of value about the workings of the program itself. Not to be too negative either, but it does have better potential. If you like it then fine, it has many good points. But keep it sensible.

Other news for today.

I would like to start today’s update with InvestiMates (reviewed here). I remind you that it’s one of the best short-term programs around now paying 10% for 12 days (120%) and 144% after 12 days. It seems to be almost unbelievable but some members still don’t trust the admin even after two months of smooth running and flawless payments. Otherwise how could you explain some of the bad votes that appeared straight after a short period of downtime? Well, the impatient members of InvestiMates should definitely learn how to control themselves in such situations. Remember that almost any HYIP is nothing more than a game and by creating unnecessary worry among your fellow investors you will harm yourself in the first place as well as the program which will be gone sooner or later anyway without you creating a false alarm and just hastening the process. Anyway, in the case of InvestiMates I believe the admin Roger Miller (interviewed here) acted absolutely correctly as he hurried to calm down all the scaremongers just after the site came back online. So there was a minor glitch in the system and was explained by Roger himself in detail in his most recent update to InvestiMates members:
“Hello Mates, InvestiMates was down for a couple of hours today due to an overload on the server , but HushHosting did an excellent job by fixing the issue in a flash. There is however one issue that is yet to be fixed by the data center where our server is, and that is the timezone issue. This is just a minor issue and will not hinder you from doing what you have to do with InvestiMates. You can login, deposit, withdraw, deposit from account balance, check your history etc.
However, this minor issue’s effect is that you may get credited 4 hours earlier than supposed to because the server time is shifting every other minute to and from the original time and 4 hours advanced from that time. Although this is not a problem, it could cause confusion to some members. But rest assured that this will not affect website performance and features. It will just have a minor effect on the crediting of earnings and deposit times but it will only be to the member’s advantage so I guess that is not a problem at all.
Ok so you can login now and do what you wanted to do earlier, when the website was down.
Oh and please, rate on the monitors. Some impatient member or non-member just posted negative votes right there. That would be all.”

I don’t know what’s going on with SteadyGrowthInvest program (reviewed here) but I have received several complaints now from my readers about an unusually long waiting period for pending payments. I myself have been paid but it also took longer than usual. Please note that according to SteadyGrowthInvest‘s terms of service all the payouts should be processed within 3 business days. Anyway, some are reporting they have surpassed this time limit. SteadyGrowthInvest probably started paying selectively immediately after announcing their new 200% after 30 days plan. If you remember I was quite skeptical about the introduction of this new plan in my previous update and warned everybody about the possible risks connected with investing in such an old program at this point. Well, unfortunately I was right as the program is possibly on the verge of collapse. I will not take the risk of promoting it any further so I’m moving it to Problem status on my monitoring page until all the payouts are back to normal. Please be aware of this and don’t invest in this program until the further notice.

I received some good news from one of my readers today. StrictPay payment processor refunded his deposit made into RegalProfit program which scammed just a week ago. If you were at a loss in RegalProfit program and used your StrictPay account to deposit you’re advised to contact StrictPay and ask about the possibility of a refund from RegalProfit‘s SP account. However I would assume that all the payouts should be processed to StrictPay accounts automatically to all those in need and that there is no need to request them. This is the email from StrictPay that has been received by that MNO reader today:
“This message is to inform you that your account has been refunded. Your account has been credited with a percentage of the funds that you sent to account 63768 (Regal).”

The admin of XagaEnterprise site Kevin (interviewed here) announced the addition of a multilingual translation to his website which currently includes English, French, German, Italian, Korean, Japanese, Spanish, Portuguese and Chinese versions. I don’t speak the latter two languages so I can’t confirm the authenticity of the translations but you can contact me if you can confirm that it’s a proper translation and not just an automatic robotic one. I remind you that XagaEnterprise pays you 1.2% daily for life and you can read more on that in my review of the program published here. And this is the latest update from XagaEnterprise:
“We have added multiple languages on our website.
XagaEnterprise just keep growing and improving. Thank you.”

The second cycle in 12DailyClicks has been completed as the program has now been online for 24 days. I remind you that 12DailyClicks utilizes the classic autosurf model of 12% for 12 days and accepts all the famous payment processors. One upgrade unit in 12DailyClicks will cost you only $10 so I guess it’s quite affordable for just about every investor. To find out more about the program please read my detailed review of published here. By the way, the admin of the program Jeff (interviewed here) took on a difficult task in challenging the thinking of most investors towards the autosurf industry as a whole which has recently been so tainted by too many scams. I believe he will be successful in it as implementing some new features within the last few weeks shows everybody that the admin has some great plans for the future. Now that more promotional tools are available for the investors of 12DailyClicks nothing can stand in the way of your favorite program growing further and earning some extra money for yourself along the way. It’s a win-win situation and the admin realizes it. This is the latest update from 12DailyClicks showing some new developments in the program:
“Hello, 12DC Family! We should first say huge thanks for your great support! It’s much appreciated.
As of today, August 10, 12DailyClicks has completed it’s second cycle and it has been in business already for 24 days. During this time our membership has reached 700 members and it keeps growing all the time, the best part is that growth was really stable.
But, did we see the same 12DailyClicks on its first day? Definitely no. Many great features has been implemented which makes 12DC unique and special. Latest feature we announced was called “Paid to Promote”. We’re paying you now for promoting 12DC using splash page.
Every member who promotes his splash page will earn $2.00 for every 1000 unique hits to his link. That’s really nice cash, if you look around, you find most PTPs pay a few cents CPM. Look for “Get Paid to Promote” section in your 12DC member area, there is information about how this feature works and what you need to do to start earning money just for showing your link to world.
If you don’t want to make money promoting but still want to show people your splash page – no problem, your splash page link is available in your member area. Go to “Get Paid to Promote”. Here’s a generic link: http://www.12dailyclicks.com/?splash=155
Our Twitter feature also works as a perfect tool for quick-communication when we need to reach our followers fastly. Over 30 people are already following us, I sincerely think it could be bigger. If you are not following us yet, do it right away: www.twitter.com/12dailyclicks
There’s another great feature that makes 12DC different from the crowd. We’re sure the right way to show the people that we are paying is to show payout screenshots! So check it here.
I’d like to conclude this message, by inviting those who joined and still didn’t upgrade, to check the program again and consider it. 12DailyClicks is growing and we would love if everybody could participate of this opportunity, it will be good for the program and very profitable for you.”

It seems that the admin of DirectResult (reviewed here) also knows the value of a good promotional campaign for the longevity of his program. That’s probably why he is one of the most active admins offering different kinds of promotions to support DirectResult. After refusing to give in to the demands of blackmailers it appears that DirectResult has some good feedback from investors praising it for fast payments and proper support. More promotional contests were announced today by the admin and to get better acquainted with it please read the following newsletter I have just received:
“First of all, you may be happy to know that as tempting as it may be, we resisted paying “Paid To Vote” individuals and groups (some monitors inclusive) to vote for us in Forums and Monitors. It may have become a normal thing amongst HYIPs and Investment programs to pay for these services, but we believe a geniune business should gain good reputation through the word of mouth (referring) from those genuinely benefiting from the business. We may be naive in the eyes of these groups, but we believe this is the way it should be!
We are glad to announce that we have surmounted the “negative-effects” initially created by these pressure groups to persuade us.
We are now on a very fast rise. Our reputation is very good amonst our investors, and now the general public is beginning to see and understand what DirectResult is truely about.
Success should be spread round, and the purpose of DirectResult is not truely fulfilled until every single member is achieving great success from the potentials presented by DirectResult.
You will benefit from DirectResult. This is a promise.
Referral Contest!
From Monday the 10th of August to Monday the 24th of August there is an interesting referral contest. This contest will make you make more money from DirectResult. Whether you are an investor or not, you will benefit from this.
There are 2 categories of this contest. There is over $1,000 worth of cash and upgrade to be made.
Contest Plan 1
The person with the most referral active investments wins the contest. This is calculated: Your investments + Your referral investments. The prizes to be won are:
1st prize: $250 cash 2nd Prize: $100 3rd Prize: $50 cash 4th Prize: $15 investment bonus 5th Prize: $15 investment bonus 6th Prize: $15 investment bonus 7th Prize: $10 investment bonus 8th Prize: $10 investment bonus 9th Prize: $10 investment bonus 10th Prize: $10 investment bonus
Contest Plan 2
Feel free to promote DirectResult in any forums, blogs, video clips, autosurfs, flyers, banners, newspapers/magazines, classified ads or through any other medium and send the link to show your promotion effort.
15 Winners will be chosen with $30 upgrade bonus each.
The contest is for 2 weeks. August 10th to August 24th 2009. The winners will be announced on the 25th August.
Note that you can promote your referral url through different methods, including giving free incentives, surfs, etc but SPAM and multiple account registration is NOT allowed.
For further information, please contact us admin@directresult.net
Best regards and best of luck with the contest.”

I have received a couple of emails from my readers informing me that they faced some problems when registering in FoxFund program (reviewed here) and withdrawing from it. So I got back to the admin, Justin, and hopefully he will take care of my readers’ issues. Maybe it’s a script issue but I’m not sure of it so hopefully Justin (read the interview with him here) will clarify these issues for me and I will publish his reply on my blog by tomorrow. Meanwhile, FoxFund holds another referral and deposit contest and the best members in both cases will be generously rewarded. Please take a look at this latest update from them for more details:
“FoxFund has far crossed 500 members in 14 days and we are offering a great opportunity for everyone to earn some extra bux, our trades has been going really good and we shall be sharing our profits in a very professional way by opening our investors to earn more than normal percentage profits while we remain stable with our trades, and on this note we are offering two class of promotion.
1) Referral Promotion
Refer 10-20 new investor and earn $20
Refer 21-40 new investor and earn $50
Refer 41-100 new investor and earn $100
2) Upgrade Promotion
Upgrade with $250-$500 and earn $50 Extra
Upgrade with $501-$1500 and earn $100 Extra
Upgrade with $1501-$3000 and earn $250 Extra
Upgrade with $3001 and above and earn $400 Extra
This monies would be credited to your accounts on or before the 24th hour daily.
We are stable and paying program.”

The admin of CoolReturn program (reviewed here) took the time to explain the complicated system of bonuses his program is offering for online investors using real figure examples. In my opinion, it is so unnecessary complicated and I (like many other sensible people) would prefer to know the effective rate of interest instead of having the headache of calculating some bonuses. But of course I’m not the admin of CoolReturn so of course I have no right to give him advice on how to run his own program. So I will just republish this latest update from the program for your info:
“We receive support tickets on daily basis regarding returns on different deposit figures. Mostly people do not read plans and just send emails asking how much they will get for specific deposit. This is the reason we explained bonus details at home page in more details to make things easier but still we received two tickets asking the same what is already mentioned at home page regarding bonuses.
We are giving you examples how much you will get for different investment figures.
Deposit 1,000$ 30% Bonus: 300$ Net Deposit: 1,300$ Daily Profit: 1.5% (19.50$) Total Profit: 19.50$ x 100 days = 1,950$ Principal Returned: 1,300$ (after 100 days) Total Returned: 2,950$ (1,950$ Net Profit) Contact for Private Monthly plan for this deposit
Deposit 5,000$ 30% Bonus: 1,500$ Net Deposit: 6,500$ Daily Profit: 2.0% (130$) Total Profit: 130$ x 100 days = 13,000$ Principal Returned: 6,500$ (after 100 days) Total Returned: 19,500$ (14,500$ Net Profit) Contact for Private Monthly plan for this deposit
Deposit 10,000$ 30% Bonus: 3,000$ Net Deposit: 13,000$ Daily Profit: 2.5% (325$) Total Profit: 325$ x 100 days = 32,500$ Principal Returned: 13,000$ (after 100 days) Total Returned: 45,500$ (35,500$ Net Profit) Contact for Private Monthly plan for this deposit
Deposit 20,000$ 30% Bonus: 6,000$ Net Deposit: 26,000$ Daily Profit: 3.0% (780$) Total Profit: 780$ x 100 days = 78,000$ Principal Returned: 26,000$ (after 100 days) Total Returned: 104,000$ (84,000$ Net Profit) Contact for Private Monthly plan for this deposit
In case if you still do not understand any calculation, please get back to us for more explanation with your deposit figure.”

I keep receiving emails asking me to recommend a good exchanger between such payment processors as LibertyReserve, SolidTrustPay, StrictPay and PerfectMoney. Well, if you’re not aware of it yet such an exchanger does exist. It’s called Xchanger and moreover, it’s run by an honest admin with a vast array of knowledge and experience in this industry. I myself am a frequent user of Xchanger and every time the exchanges were very fast and smooth. The fees are also very reasonable and sometimes the admin has special promotions like at the moment when you’re able to exchange LibertyReserve to any other payment processor without any fees. Remember though that you have to register an account in Xchanger before you’re allowed to make any transactions. The registration is easy and will enable you to process further exchange requests faster and with bigger limits. For more information on Xchanger including registration process and levels of membership please refer to my interview with the admin, Andrei, published here. There was some important news from him yesterday and you will be pleased to know that the referral system is finally finished so together with smooth exchanges and reasonable fees you will be able to refer other members too and create some passive income for yourself. Here is the latest from them:
“Hi everyone. Hope you all had a great weekend. We want to update you on 2 things:
1. Referral System in place and working now. You can now log into your accounts and go to “Your Referrals” link from your panel. If you have over $2 in your balance you can request it to the payment processor of your choice. We have backpayed everyone starting from Day 1 of our operation. Your referrals were always under you even if the system wasn’t fully ready back then.
2. Our Special Promotion for the next 48 hours will be 0% fees for exchanges from LR. This promotion ends Tuesday at midnight (GMT +2) so act fast if you want to exchange your LR for zero fees.
That’s it for today“.

I would like to mention one more piece of good news which I just received a little earlier. The thing is my first upgrade in PlusInv program (reviewed here) expired today and I got paid my 112% after 3 days within a couple of hours of making the request. Well, that’s a pretty impressive beginning and hopefully PlusInv will continue to grow and pay its members on time. I will update you in a few days when I receive the payment from them from 130% after 7 days and hopefully any of my readers investing in the very risky 310% after 30 days plan will let me hear about that too when the time comes. Meanwhile the admin of PlusInv kindly agreed to answer some questions for an interview so I’ll send that off later. So stay tuned for more positive news from PlusInv program!

To finish today’s post I would just like to report that during the last 48 hours I was paid from by following: PlusInv, SteadyGrowthInvest, BestInv, FoxFund, InvestiMates, NanoMoneyCorp, AssetsParty, SolidCapital, OnisGroup, CoolReturn, CorpusTrust, XagaEnterprise, PanaMoney, Verifield, 12DailyClicks, ExcellentProfit, GeniusFunds, GoldNuggetInvest, YesICanSurf, StableInterest, DirectResult, GlobalTraderGroup and CashXpress (the first payments received). See you all tomorrow with the review of CashXpress and other news from around the industry!