09/02/2010. InvestoFin Review and Other News

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!

Hi guys! After this mornings update there is a bit less news to report this evening. Not much at all in fact but what little there is I’ll get to in just a few moments. There was also a couple of new programs added to my monitoring page so I’d like to give a brief few words over to them as well.

First things first though, I want to tell you about a recently launched mid-term investment program called InvestoFin. A little better that the program we looked at earlier, and certainly a lot more conventional, InvestoFin has had a reasonable amount of interest so far considering the competition they’re up against. It’s two weeks online so that’s still relatively new for an online HYIP like this.

Three plans are on offer here, all of which pay out on a daily basis which is always a nice start. Not to start on a note of caution or anything, I mean you don’t join these programs with bad expectations, but if anything did go wrong at least you get something back. So let’s look at the plans.

The first one is called the Standard Plan and it runs for a term of 60 days. You can join for as little as $10 so it doesn’t have to cost you a whole lot to get involved here (remember that please!). In return for joining here InvestoFin will pay you 3% interest per day. Not bad for an opening plan really, it means that for a $100 investment you would get $3 per day for 60 days. At that rate you would earn your initial deposit back after 34 days and be in pure profit after that. You should finish the term with a total of $180, or 80% profit. Your principal is already factored into the payments.

For those with a bit more money to spend and looking for a faster return then we have the Advanced Plan. This one actually provides you with the very same percentage profit as the last plan. The difference is that it will cost you more to join, but delivers it a lot faster. So one risk cancels out the other in a way I suppose. Here’s how it works: The minimum deposit is $500 so it’s not to be taken lightly. The interest rate however, which is again paid per day, is 4%. The investment term lasts for a reduced period of 45 days this time. All of which means if you were to make just the bare minimum investment of $500 you could expect to get paid $20 in interest per day, allowing you to break even this time after just 25 days, and be in profit from that point on. You would still complete the plan with 80% profit and your principal is already counted.

The third plan from InvestoFin is called the Premium Plan. At a minimum cost of $5000 to join I can’t see it being all that popular, but for your information I’ll just run through it briefly anyway. The daily rate of interest is 5%. The investment term runs for 40 days. What that means is that you break even after 20 days (the half way point) and are in profit after that with your money being doubled on expiry.

If you’re lucky enough to have a spare $5000 to play with in online HYIPs then to be honest I wouldn’t really suggest putting it in this plan. No offense to InvestoFin, they’re a reasonable enough pick and probably deserving of a few bucks, but when it comes to more substantial sums of money then I suggest you spread it out a bit more and never put that kind of cash into any one program. So personally I’d say anything your not putting into either of the first two InvestoFin plans be put to a selection of different programs completely.

Unfortunately the list of payment options open to you here is pretty poor. InvestoFin only takes LibertyReserve and PerfectMoney. So you should all know by now not to expect any sympathy (never mind a refund!) in the event of any problems with your investment. Which is one reason why InvstoFin will only ever have limited appeal without ever challenging the major players in the mid term HYIP market and one extra reason why you need to be extremely cautious. Withdrawals need to be requested and to date have been pretty quick. Typically well within the 12 hours that the admin asks for. Actually for me they were instant.

The layout of the website is quite good, it’s easy to navigate and well explained. Though it is pretty straight forward so there’s not a lot to get confused about either. The security is above average however as I am pleased to see that the admin has added SSL encryption for the added protection of your account, so kudos to him for that. The hosting provider is Koddos who are keeping InvestoFin on a dedicated Staminus server and also protecting them from DDoS attacks. The script is licensed from GoldCoders.

The level of customer support is also decent enough with the use of a Live Chat feature where you can get direct and immediate answers to your questions. Immediate answers whenever the admin is logged in that is, it’s not a 24 hour service you see. I guess the man needs to sleep sometime as well, so just keep an eye open for it if you need it. If that’s not available there is also the usual online support ticket form.

As far as I can tell the texts are original. Their background history consists of the usual stories about experienced traders in some line of business that never gets mentioned, let alone proved. And as I am not currently aware of any real line of business that produces such enormous profits I suggest you approach InvestoFin like the usual online HYIP game where there will be some winners, some losers, and no guarantees.

The final word? Good potential, good support, and above average security. But will be held back by a lack of choice when it comes to payment processors. Which is not a difficult problem to fix. So if you are waiting for the admin to expand the list before joining then keep an eye on MNO and I’ll let you know if it ever happens.

OTHER NEWS FOR TODAY.

I would like to express my gratitude to the readers that reported to me about the first payouts made by GoldNuggetInvest today and yesterday. I was told about the payouts being processed to LibertyReserve and SolidTrustPay including three digit payouts. As far as I can understand the payouts for the new plan offering 16%-20% monthly for 14 months will start in March but the payouts which are getting processed now are still for the older plans. Anyway, I’m ready to move GoldNuggetInvest to Paying status on my blog as many of my readers requested but it will happen only after I get my own pending payout from GNI. It’s not so much and I requested it to PerfectMoney which is usually paid last from all the payment processors accepted by GoldNuggetInvest. So I expect to be paid by tomorrow and when this happens GNI will surely take its rightful place among the paying programs on MNO.

I would like to address all HYIP admins that list their programs on my blog. MNO did not, does not, and will not tolerate selective payouts! Each and every program that will be proved as Paying selectively will be removed from Paying status on my monitoring page and will not be recommended for investing again until the problem is fixed. The banners and all the advertising purchased will not be refunded either. I hope this warning will make some admins think twice before trying to lie to me and to investors by paying only to small investors, monitors or only to particular payment processors. Other monitors can display their status as Paying as long as they want to as everybody knows they are here to make money and don’t give a damn about the investors once they are paid. MNO is different and will not be displaying such programs on Paying status EVER! I am talking about such programs like ParamountProfits, NowInv, IwFunds, InstantMoneyBets and other programs. You might be misled by other sources but you will always get the real status on MNO which is checked and updated by me personally every 24 hours.

I’m talking about that now because over the last few days many programs did collapse and they all started to show problem signs by delaying payouts to larger investors and ignoring my warning emails. Of course those investors who ignore the warnings issued by MNO and continue to deposit into such programs are on their own and have a much higher chance of losing their money. Remember that any HYIP can collapse at any time so always check out my monitoring page for the status to make sure that you are going to invest into a paying program and not to a pending scam. Also I would like you to send me any issues you have with any program listed on my monitoring page. However please do not ask me about the programs that are not there. If I don’t monitor a program I know nothing about it and since I have dozens of HYIPs already listed I suggest you at some different sources about them.

There are three sites that now have a questionable status on MNO. Please draw your own conclusions about them.

The first one is Warisona, a site allegedly under DDoS-attack with the admin promising to move to a better protected server. However 48 hours later there is still the same message on the site and no sign of life yet. So Warisona is On Hold status on my monitor now.

The second program is MoneyPlus which site I can’t load for nearly 24 hours now. I’m aware that it’s still available in some locations around the world, however in most places it is not. So I will leave MoneyPlus on Paying status for the next 24 hours when hopefully they will fix the issue or at least the admin will issue some update about their program situation.

The third program is RefMotor. Some readers reported to me that they were paid and that it was just me and a few other people that couldn’t access their accounts. So I have changed the status of RefMotor from Problem to On Hold on my monitoring page. I was finally able to access my account today, however I was not paid instantly as usual but the payment went into pending status. I will move the program back to Paying once the payment is received and as of this moment new deposits into RefMotor are not recommended.

I guess that’s enough about the problematic programs for now. As it’s my second post for today there is not so much left to report. The admin of GoldenFleeceFund Felix (interviewed here) reported some things about their purchasing of gold – information that can’t be verified so should therefore be taken with a pinch of salt. Anyway, here is the news from GoldenFleeceFund (reviewed here):
“As part of GoldenFleeceFund’s diversified precious metals trading, we have closed on a gold distribution contract between the mine and a buyer. GoldenFleeceFund facilitated the purchase of 1,000oz of gold for a profit to GoldenFleeceFund of $92,480.
This gold contract closed today, Tuesday, February 9th, 2010.
Thank you for your continued support of GoldenFleeceFund.
Sincerely, Felix Zeller. GoldenFleeceFund Manager”.

I have added three new investment programs to my monitoring today and I would like to briefly describe them just by way of an introduction.

The first program is RedOrchidInvest. The program is not new and has been online for about five months. Well, I know that there are two approaches taken by investors to such programs: some will hate them because they consider them too old to make money on them, others prefer to invest in such programs because in their opinion they can be trusted and will not scam fast. The truth is somewhere in the middle in my opinion but if you’re looking for a long-lasting and paying program then look no further than RedOrchidInvest. I would not believe their stats of attracting over $1.25 million dollars and paying out over $1.76 million (it’s a blatant lie of course). However I find their investment plans pretty interesting and what I would call suitable for every investor. There are some short-term test plans where you can invest in the range of $10 to $20 (10% daily for 11 days and 102% after 48 hours). One plan will pay you 106% in 1 week (you can invest only $25 into this plan). There is also compounding plan for small investors (from $20 to $100) offering 1.2% for 83 days (with the maximum cap profit set at 200%). The next plan is 1.5% daily fixed for 66 days (with the possibility of compounding and the principal returned at the end of the investment term). Floating plans pay you variable returns of 1.5%-5% and your investment expires when you reach 300% profit on your investment (principal is not returned). All the plans offered by RedOrchidInvest are pretty complicated and are probably intended for some savvy investors as actually I had to ask the admin about them. Of course I will look at them in more detail in my upcoming review which will be published on my blog pretty soon. I want to say as well that the program accepts LibertyReserve and PerfectMoney (I also found a bank wires option but I’m not sure how that works here). The script used is a secured version (with SSL-encryption) of the MonetarySoft script which you might be familiar with if you were a member of SazaInvestments and similar programs using it in the past. The RedOrchidInvest site is hosted and protected by BlackLotus so there should not be any issues with accessibility. I consider RedOrchidInvest as a program flying under the radar but has potential to be something bigger than it is now.

The second program that has been added is Dragadox. It’s a pretty strange name for a program until you find out that it’s hosted on Dragonara, hence the name (probably). Dragonara is hosting Dragadox on a dedicated server with a high level of DDoS-protection which should secure the program from any attacks in the future. Dragadox is a promising low-ROI program that just launched yesterday. The plans are quite simple: you will get paid 1.6%-2.4% (depending on your principal) for 150 business days with the principal returned on expiry. Remember that you can’t compound in Dragadox and it is required that you make your withdrawal requests manually (the minimum to withdraw is $1) since the program utilizes a licensed GoldCoders script. The minimum to invest is only $10 and there all the popular payment processors are accepted including LibertyReserve, PerfectMoney, AlertPay, StrictPay and SolidTrustPay. The program claims to have some trading activities backing up the returns and lists an address in the Seychelles. Dragadox also promised to add SSL-encryption of the accounts very soon. So the abundance of payment processors and a good layout with quality hosting has me thinking that Dragadox will become a popular choice among investors and could be online for a long run. More about that in the upcoming review on MNO soon.

The third and the last program added to MNO just a few hours ago is AlphaInvestments. The program has a very good layout and just started tonight. AlphaInvestments offers three plans with payouts processed on expiry: 115% after 7 days, 140% after 14 days and 200% after 1 month. There is no script involved and to make your investment you simply click the “InvestNow” tab, choose your desired investment amount (the minimum to invest in each plan is $10), investment plan from the three available, choose the payment processor you wish to make your investment with (there are six payment processors accepted: LibertyReserve, PerfectMoney, StrictPay, SolidTrustPay, EcuMoney and GlobalDigitalPay), enter your email address and make your investment. You will not receive a confirmation email after making your deposit and you will be paid after your investment matures automatically to the same payment account you have made your deposit with. As for security there is no problem with it as the site is hosted on a dedicated Staminus server with DdoSWiz protection – a well-known provider for HYIPs. Although AlphaInvestments claim to be some kind of financial experts and even enclosed a Seychelles certificate of incorporation to prove they are a real company I doubt it very much. I don’t know any legitimate business that can double your money in one month. The texts on AlphaInvestments website are not original either. And you know it’s really not that hard to obtain any certificate online so I would advise you to treat this HYIP as a regular game where the best chance to be in profit will fall to those who join early. Considering that AlphaInvestments just launched today it might be your best chance to make some easy money there. Remember though to invest only money you can afford to lose and enjoy the ride! The full review will be published on MNO soon so stay tuned for that, guys!

I have been paid today from the following programs:
ForexNetClub, GeniusFunds, GoldenFleeceFund, GrabFund, FundUpgrader, MandarinInvest, HugMoney, WestFinance, GasAndOilInvestment, FinanceNova, SportBetInv, TheKapital, NasMos, FxStar, WaterInvestment, PanaMoney, CSMFinance, AtoxFinance, BarterCrown, TradeZoom, ExceptionalFunds, Infinitum, StarkFund, Flanita, KobelCapital, GoldenInvestment, WeeklyDividend, EzProfit, GlobalFund, BostonVenturesBillionairesClub, Eternidex, SantiVentures, ScootFx, Verifield, InvetsmentForge, InvestoFin, IncoForex, AsiaInv, StanbicArbitrage, UmaxFunds (the first payment received) and DreamWealthBuilder (the first payment received).

I’ll see you on my blog tomorrow with the review of quite a promising new program called DreamWealthBuilder and of course all the latest news from the Industry! Stay with MNO, guys!