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

Hi everyone! Hope you’re all looking forward to the weekend and use the time to do what you like. So to round off the week for MNO the final new review of the week is of a recently launched HYI program with a fairly unorthodox combination of plans. It’s called SMRTrade and they’ve been online coincidentally since last weekend and have successfully been making daily payments since. Mind you the first members have yet to see any profit, but the first plan is about to expire so keep an eye on MNO for when that happens.

To start with SMRTrade is a short term program, but in addition to short term plans they also have a “perpetual” plan that makes daily payments everyday on one deposit for however long the program runs for. I’ll get to that one in a moment but first I’ll describe the more conventional plans.

The first of these runs for 10 business days (2 weeks) and pays a low rate of interest every working day. The interest varies according to how much you spend and the rates are as follows: Deposits, which start at a minimum of $5 by the way, up to a maximum of $300 are paid 2% per day. That paid five days per week for two weeks will give you 20% profit in addition to your principal getting returned. Deposits between $300 and $1,500 are awarded 2.5% per day, which on expiry would build up to 25% profit on top of your principal. For the more adventurous players willing to spend from $1500 to $5000 the daily payment goes up to 3% per day which will bring in a total profit of 30%. And finally for deposits larger than $5,000 with no published maximum SMRTrade offers a payment of 3.5% per business day, giving you a total profit of 35%.

The figures to invest in the next plan are similar, but the big difference is that SMRTrade only pay you once on expiry. Sacrificing daily payments, small as they are, in favor of a bigger profit is a risk you need to think about. I’ll give you the final returns here and you can think for yourself if you think it’s worth it or not. The plan itself runs for 14 calendar days so it’s the same length as the first one. I remind you that all payments are final and include your principal already. Deposits between $5 and $300 will bring in a total return of 122% on expiry. Amounts from $300 to $1,500 will earn 128%. Investors willing to risk from $1,500 up to $5,000 are rewarded with 134% on expiry. And then for deposits upwards of $5,000 SMRTrade is offering a return of 140%.

Then SMRTrade pulls something interesting out of the hat with their third plan. It’s a no expiry plan that pays out on business days only (Monday to Friday). There is just one single interest this time, which is 3% per day regardless of how much you wish to spend. Minimum investment is $5, and after that you can spend pretty much whatever you like. But to make it easy let’s say you invest with $100. That brings in $3 per business day, $15 per week, and allows you to break even after 34 business days (almost 7 weeks). This will continue for as long as SMRTrade manage to keep themselves online so as long as they make it that far everything else is just a totally passive bonus.

I’d have to say that I have mixed feelings about that by the way. On one hand I think it’s great the the admin has come up with such a good variety of plans for for the investors, and all of them have their benefits. But I’m not entirely sure about tacking a no expiry plan on to two short term ones. The problem is that if you join a plan with a fixed expiry date and you profit from it, then fine. If you like it and want to try again then you have to re-deposit and bring fresh money back into the program. If you prefer not to redeposit, then that’s ok too. Take your money and leave. But with a no-expiry plan SMRTrade have to a certain extent just taken on a debt to be serviced everyday, regardless of how much it’s bringing in. With the first two plans if you want more money you need to spend, but with this plan you don’t. And if fewer members re-invest on expiry, or if SMRTrade just have a quiet few days, I just wonder how much of a drain this will put on their resources and the cash to pay investors in the “active” plans.

Anyway, I’m not saying that’s the way it is. It was just a thought. I am a bit disappointed with the payment options however with no verifiable processors and just LibertyReserve and PerfectMoney being taken here. So it certainly does nothing to improve the risk you are taking with your money by joining SMRTrade. The admin has done a bit to make up for that however with the use of instant payouts. They will still need to be requested of course but once you do you should have the money in your e-currency account within seconds.

The security of the SMRTrade website is well up to standard. It’s pretty good in fact with hosting provided by Koddos who are keeping them on a dedicated Staminus server. The script is licensed from GoldCoders and the website is protected with SSL encryption from GeoTrust. Customer support is available through the online e-mail ticketing system.

As far as any kind of business model goes, this one is really a fairly standard online HYIP. There is a few lines about SMRTrade and there business on the home page and basically that’s how I understood it. There’s certainly nothing else there and the FAQ page even mentions “HYIP” experts. So it’s fair to say an investment here is a high risk. SMRTrade won’t be around forever but there is generally a point up to which any given HYIP is profitable to those who joined before that point, be it days, weeks, months, or years. If you like them you may wish to either join now or wait to see how well the first on expiry payouts go first if you prefer. I’ll let you know about that right here on MNO, but either way keep it affordable and as part of a more diverse portfolio.

OTHER NEWS FOR TODAY.

Let’s start today’s update with news from the current #1 investment program on MNO – TrueEarn. The program rightly occupies its position as in the current HYIP climate being online for 6 weeks while paying on such high-ROI plans (116% after 4 days, 145% after 10 days, 210% after 20 days) is simply an incredible achievement. What more can you say? TrueEarn overcame all the major obstacles on the way to success and put many investors in profit. I sometimes receive messages from readers asking me if it’s still safe to invest in TrueEarn. Well, guys, if I had the psychic sixth sense and could predict things like that I would have been a millionaire by now. Anyway, if you want to take your chances with a proven short-term program accepting all the major payment processors there is no need to go past TrueEarn which definitely became the most popular short-term program for the last month. The admin Scott (interviewed here) doesn’t want to stop there though and in his latest newsletter he announced that to encourage further growth he’s going to buy banners and sticky topics on various forums as well as launching a new referral contest. So stay tuned for more exciting news from this wonderful program (reviewed here). Here is the latest newsletter:
“Dear Members, I really don’t know how to thank you all for showing your continuous and amazing support for TrueEarn. I really can’t believe that in these hard times when many HYIPs close as soon as they open, TrueEarn has managed to make a difference. TrueEarn has just hit 40 days of being online, and I have to admit that, without your effort and support, I could not have brought TrueEarn to this stage. I believe many of you have already noticed the difference TrueEarn is making in this industry, and many of you who have realised that, have already joined TrueEarn without any further thoughts. TrueEarn membership and deposits are skyrocketing, and withdrawals are being paid as fast as usual. TrueEarn has attracted over 7000 members, has collected over $680,000 in deposits and has paid out close to $220,000 in withdrawals, till now. I would like to use this opportunity to give my sincere thanks to all of you.
From the first day of being online, I have been buying banners in the most reputed monitors and the famous Money News Online blog. I have now decided to take the advertisement campaign to the next level and to give more exposure for TrueEarn. As you all know, I have not purchased any kind of advertisements in any of the top forums till now. Most probably, I’ll be purchasing banner ads and paid stickies this week itself, in the top forums. So stay tuned to see TrueEarn topic as a sticky this week itself, in the top forums.
I will also be launching a referral contest soon, for which the winners will be given away grand prizes. So stay tuned for that too.
Once again, I remind you to post your payment proofs in forums and vote for TrueEarn in monitors. Links to the forums and monitors are given below.
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Discussion Forums
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ITalkMoney Forum – http://www.italkmoney.com/index.php?/topic/369-true-earn-truearncom/
MoneyMakerGroup Forum – http://www.moneymakergroup.com/True-Earn-Truearncom-t343211.html
DreamTeamMoney Forum – http://www.dreamteammoney.com/index.php?showtopic=96119
TalkGold Forum – http://www.talkgold.com/forum/r288973-.html
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Monitors
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GoldPoll – http://www.goldpoll.net/details/15097/
HYIP Explorer – http://www.hyipexplorer.com/true_earn_2582/
GS Monitor – http://gsmonitor.org/details/2714/
I wish you all a wonderful weekend ahead with your family and friends.
Regards, Scott. TrueEarn Manager”.

The admin of StaunchFinances Brent (interviewed here) decided to move things up a gear with all the hype regarding shorter-term programs that compete seriously with his. So to make it more competitive and attractive to online investors it was decided that from now on the payments will be credited to your StaunchFinances‘ accounts not only on business but also on weekends, i.e. you will be paid every single day in both plans. I remind you that the plans which were thoroughly outlined in my review of StaunchFinances (published here) used to pay 120% after 6 business days (for the first half of your investment) and 2.5% for 56 business days (for your second half). So starting today you will be paid 120% after 6 calendar days and 2.5% for 56 calendar days meaning that you will be in profit faster than before. Anyone willing to make these calculations can do so in the comments to this article, but you can see things are definitely starting to heat up. There was another contest launched today which might be called a creativity contest as the most creative ways of promoting StaunchFinances will be rewarded by Brent with the total cash prize of $1,000. Every winner will receive no less than $50 so try your luck in that! More about this competition and the plan changes are in the newsletter:
“Dear members, Sorry I didn’t get this out last night, been busy here in the ‘Shack’ household. Anyway, I promised you 3 huge news on my last update to celebrate our first month anniversary online, I think it’s about time to give you 2 of them. The other one I will keep as a surprise for now.
First up, as you may know, a lot of new high-ROI HYI programs are opening up right now. I would just like to remind you that it is ok to play with them as long as you know your limitations. I myself used to play them but I would never ever put in more than I can manage to lose. Learn to diversify and play the low-risk smart and play the high-risk games even smarter. With that said, in keeping up with the current fast-pace trend, starting May 21st (our anniversary), both high-ROI and low-ROI plans will go from ‘business’ days to ‘calendar’ days meaning, earnings will be paid everyday for 56 days. We are going to do this for two months or until the hype of high-ROIs dies down. I believe that in doing so, we became a little more competitive (but not crazily competitive) and our rates are still highly sustainable.
Secondly, I know many of you want something unique for a contest. Well, since I wanted something that would bring out the competitive spirit within all of you, I decided to come up with ‘STAUNCH’S BEST OF THE BEST!’ contest. The rules are simple, to find the best member in the many different categories that I can come up with.
– BEST BLOG WRITE-UP/REVIEW
– BEST VIDEO EXPLAINING STAUNCH FINANCES (YOUTUBE OR FACEBOOK VIDEO)
– BEST STAUNCH FACEBOOK PROFILE
– BEST PROMOTER
– HIGHEST DEPOSIT TOTAL
– BEST FORUM POSTER
– MOST ACTIVE HELPER AT THE FORUMS ETC.
There is a total of $1000 cash prizes allocated for this contest! The cash prize amount will be determined based on the professionalism of the entry. All winners will receive no less than $50 in cash prize and placed directly to the payment processor of his/her choice. Additional prize of course would be the honor and distinction of being one of the best.
I am telling you this now so you can plan ahead. The contest will end two weeks after our anniversary.
With that, I won’t bore you anymore and end this update here. Wishing you all and your families a wonderful weekend ahead. Take care!
Brent
P.S. Continue posting your payment proofs at our different forums threads, it helps us tremendously! Thank you!”

There’s been some strange things going on over at StrictPay recently. They have always replied my tickets but this time I didn’t get anything from them for the last 48 hours. There was nobody that could be found online on Live support either. Given StrictPay’s current issues with withdrawals when some members complained about waiting for over 10 business days and the sudden waiving of banking fees for deposits I’m not exactly filled with optimism at the moment. I don’t want to sound too worried yet and I hope to receive a reply from StrictPay support by Monday, however I just report the facts and one fact is that some investors are getting worried. I will update you on my blog if the situation improves on Monday. Meanwhile try to be careful when using StrictPay for any purposes.

It seems that StrictPay issues have no affect on some programs wishing to use them, even though it’s not quite as popular anymore. YingYangInvestment (reviewed here) announced that StrictPay became the third payment processor added to the usual LibertyReserve and PerfectMoney. So from now on you can invest in any of the plans offered by YingYangInvestment (1.2%-1.6% daily forever with the possibility to withdraw your principal after 90 days) using StrictPay as well. Here is the update from the admin written by the admin of the program John:
“Dear members. StrictPay is added!
Please spread the word on the forums.
Best regards, your admin John.”

While some programs are adding more payment processors others are resuming work with previously disabled ones. So the admin of BetExpekt Abigail reported that the problem with SolidTrustPay due to which their account was previously suspended had been solved successfully and that from now on you can deposit and withdraw via STP again. I remind you that BetExpekt allows you to deposit your money into the following plans: 1.2%-1.8% daily for 120-180 days and 9.5%-15.5% weekly for 17-25 weeks with the principal returned on expiry and instant withdrawals to some payment processors. Today the currency exchange was disabled though and due to the situation with STP being back to normal you’re allowed to withdraw to the same e-currency you made your deposit again only. Here is the short update from BetExpekt (reviewed here):
“Hi Dear Member, Problem SolidTrustPay solve. Please for request withdraw send from STP and not use from exchange.
Best Regards, Abigail Johnson”.

Without any reason the instant payouts from EuroNanoInvest have been disabled today. While I received some complaints regarding this I have contacted the admin and am currently awaiting his reply. Please be aware that meanwhile investments in EuroNanoInvest are not recommended and everything will be decided tomorrow depending on whether I will get some explanation and members are paid their pending withdrawals. I will also move the program to Problem status tomorrow if there is no change in the current situation.

A program has been already moved to Problem status on MNO is ArbsTeam. I don’t know if I was wrong about warning about some issues that were solved by the admin a few days ago as it might have affected the cashflow of the program somehow but were successfully solved by the admin later on. However, the fact now is that the payouts stopped and I received a few complaints today from the members about the overdue payments and no reply from the support regarding it. I checked out the site of ArbsTeam and contacted the administration after I checked my e-currency account and made sure there was no payment processed last night. So far no answer was received which makes me think ArbsTeam is done. And this time I think it’s serious. I will keep you updated if I have any additional information regarding the situation soon but at this moment no further investments are not recommended.

It seems that ChokoMoney (reviewed here) cannot be left alone by jealous competitors which are trying their best to disrupt the work of the program by sending DDoS-attacks to their servers. So today the program was offline for a few hours again which prevented the admin Chris (interviewed here) from making some cashouts on time. Here is the update I got from him just a few hours ago:
“Hello, I just got back now to process the pending withdrawals and I see that the website is down.
It’s a very heavy DDOS attack by jealous competitors I contacted hush already about it. I will process the withdrawal as soon as it’s back and I am online.”
At the time of writing ChokoMoney is back online and everybody is waiting for their pending payments to be processed as Chris promised. I will keep you updated on the situation with ChokoMoney on MNO tomorrow.

One program that in my opinion can be a serious competitor to ChokoMoney is the recently launched and reviewed on MNO (read the review here) with an original name TeddyBearDreams. The program pays 130% after 6 days and the first payouts will be processed in four days but it’s already getting a lot of attention from HYIP players and is currently close to 350 members with over $21K in deposits. It’s quite a good achievement for them I think. Currently they accept four payment processors: LibertyReserve, PerfectMoney, GlobalDigitalPay and AlertPay. The admin is quite optimistic about the prospects for his site and keeps the members updated sending the daily emails. Here is the latest update from TeddyBearDreams:
“Hello all members of TeddyBearDreams!
Welcome New Members. We are now just 2 full days on line and already at the 20,000$ mark. Never in my wildest TeddyBearDreams did I imagine such a great start for our site! I want to also share some more very favorable reviews with you. This goes to show that TeddyBearDreams is well on it’s way to being the strongest site very very soon.
Theo. Administrator. TeddyBearDreams”.

By the way, if you’re a fan of short-term programs then I suggest you to pay close attention to a program that just launched today and has been added to MNO monitoring already – EkonInnovation. It’s a program with three simple plans with a $5 minimum to invest in each of them and payments processed on expiry: 110% after 3 days, 120% after 5 days and 150% after 10 days. There are four payment processors accepted by EkonInnovation: GlobalDigitalPay, LibertyReserve, PerfectMoney and AlertPay. The program has a decent design, is running off a licensed GoldCoders script and is hosted on a dedicated server with BlackLotus DDoS-protection. The withdrawals in EkonInnovation are promised to be paid within 72 hours after the request is made. However, I have already received my first ref commissions within 5 minutes of the request. So hopefully the time frame for processing cashouts will be faster while the program is still new. I’m going to review EkonInnovation on MNO on Monday which the admin of the program Augusta already announced in the first newsletter which was issued after a matter of mere hours online. Here it is:
“Welcome to my program EkonInnovation! Just launched 20 hours ago, EkonInnovation is rocking!
My name is Augusta, and I am the Admin of EkonInnovation. I have took about 3 months and planned everything before I decided to finally open it up to the public, This first day is very encouraging from given all this amount of support EkonInnovation has received! I hope you like what I have presented to you and together with you support in the forums, monitors & by word of mouth; EkonInnovation will be the next big program for you to achieve your profits we offer!
Today, I spent most of the day adding repped monitors, blogs and forums to our list of supporting sites. One of the most reputable blogs we have added to the list is Money-News-Online that is owned by Paul Abramson. I exchanged emails between Paul today and he has told me that EkonInnovation will be set to be reviewed on this upcoming Monday! Will send you the link to the review and also you will find it on the left side of the site. Thanks Paul!
For the list of Forums & Monitors I have added to EkonInnovation, you can find them on this link:
http://www.ekoninnovation.com/?a=cust&page=rateus
Let’s make it big together! Stop by the forums, or send me in a email via our support form if you ever need anything.
Have a GREAT weekend Everyone!
Best Regards, Augusta”.

There were some exciting updates reported by the administrator of PrivateDiamondClub (reviewed here). First, as I mentioned yesterday the new sign-ups had been enabled again so new members can register now. But don’t be in too much of a rush to join as the daily plan will change for new deposits soon and I suspect it will be more profitable than the current 1% for 120-365 days. So we’ll just wait and see what they will offer. Anyway, there will be more pleasant surprises from PrivateDiamondClub who tirelessly try to persuade us that they are really involved in trading diamonds in Africa. Well, if I was not so experienced and believed that HYIPs really do what they say then I would believe all these stories. And I’ve heard a few colorful ones over the years I can tell you! But the recent collapses made me a bit extra-cynical and I don’t believe anybody at the moment. Sorry for that! The stories from PrivateDiamondClub are pretty convincing though and you can listen and even cover some episodes of their trading journey online. There are more reports coming and that was the main topic of the today’s update from PrivateDiamondClub which I’m republishing below:
“It is the 14th of May. A busy week is over and I am happy that our head of trading came back from his journey today. We opened our doors for new members. The journey in the CAR was first covered by ups and downs but the result is not bad at all.
But first I like to introduce Henry to you. He is a diamond export and was part of our last 3 diamond trades. We asked him to give our members and followers more information about the way he analyses rough diamonds during a journey. His site will be located in our Trading Information Centre. The site should be online tomorrow. But he also gave a short information how it is to work with the PrivateDiamondClub. You can listen to Henry’s short statement about his work with the PrivateDiamondClub on our Downloads and more page.
In the next few days we will change our daily plan for new members and our trading report from this and the last journey will be online. For this journey I can just say it was a success. I just checked everything briefly but we have the needed quantity (even more) and the quality our buyer asked for. I am sure we can even get more out of the deal than we were asking for. That could mean more profit.
But to open the bottles it is still to early. I meet the buyer on Monday.
I will update the Audio diary of our head of trading this weekend. It was a bit difficult always from the answering machine to the computer to our webmaster… well, I am not a computer genius. Sorry for that!
I heard we have or had problems with our phone lines. Some countries can not or can just reach us sometimes. I will work on that next week and see what is the error. Sorry for that!
Please note our download and more site:
public.private-diamond-club.net/multi.htm
If there are new updates or our you can not access our site you also can check us on Twitter for updates: twitter.com/pdiamondclub
Our Financial Director Mrs Abdalla will meet me and the head of trading this weekend for the future plans and the change of the daily plan.
For now I thank all PrivateDiamondClub members and followers for the support and welcome new members to the PrivateDiamondClub! I am back soon.
Your Lars von Oldberg”.

The admin of Cizaro (reviewed here) sent out another newsletter today where he asked the members to participate in the program’s discussion on MMG and TG forums. He’d like you to be more active by posting payment proofs on monitors as well. I’m planning to interview him on my blog sometime next week so stay tuned for that, guys. Here is the latest newsletter from Cizaro:
“Dear Valued Client;
Cizaro Incorporated is truly a business whose future depends upon the satisfaction of our customers, To all new member’s, welcome to Cizaro Inc, You can be rest assured that we will strive to provide you with the fastest most efficient service, along with the highest quality support available.
Cizaro continues to grow by the day, we are taking our program to the next level by managerial promotion as well as support from members, we want everyone to make contribution on forum, Martinez the program Admin would be on both MoneyMakerGroup and Talkgold forum to facilitate this discussion, our thread on MMG is http://www.moneymakergroup.com/Cizaro-Cizarocom-t346987.html and on talkgold it is http://www.talkgold.com/forum/r291985-.html all members and prospectors member are welcome to make contributions. For those whom have not read about our review by Money News you can do so now by clicking on this link http://money-news-online.com/blog/2010/05/10/10052010-cizaro-review-and-other-news/
All pending withdrawal request has been processed, we urge members to make post of their payment, they would be reward for members who are able to make this input, and once again we welcome you to the most reliable professional trading service providers online.
Truly yours, Martinez. Admin – Cizaro Inc”.

The programs that paid me for the last 24 hours are:
TrueEarn, TeddyBearDreams, StaunchFinances, YingYangInvestment, ChokoMoney, AlphaMoney, XoboFinance, RogerVille, MasterFunds, OneStepMoney, MetalCommerce, PrivateDiamondClub, Cizaro, HighYieldClub, DynFxTrade, DubaiFinances, InteligentMoney, IncoForex, AtoxFinance, YesInvestment, GoldenInvestment, EzProfit, InvestAward, Plents, BetExpekt, DorealCapital, EnergyMoneyFund, AvaInvestment, Forexica, NanoVenture, GroupUniversal, TopEarnClub (the first payment received), OilInvestment (the first payment received), SMRTrade (the first payments received) and EkonInnovation (the first payment received).

I’ll see you on my blog tomorrow with another review and more news from the industry! Enjoy your weekend, folks!