Hi everyone! I hope you’re all having a good weekend so far. Sunday being what it is has been a typically quiet day on the news front which is fine by me as it gives me a little extra time to do some work on my new MNO members forum which just opened last night. I have to say I was pleasantly surprised by the support shown by the readers of MNO so thanks to everyone who joined and especially thanks to everyone who contributed. Remember that information is one of the most crucial tools in making money in this business so I hope that over the course of the coming months (and years!) to see more and more of you becoming active there. And I also want to say that if a forum is run properly then it’s to the benefit of its members and not so much its owner, so if you have any thoughts or suggestions on how it can be better please feel free to let me know. Or better yet, why not sign up and start a thread about it! Your input is of enormous value here and is always welcome. Even if your suggestions are not implemented they will always be taken seriously and at least considered.

Anyway, getting back to today’s business I want to review something else for a change. Something not directly connected with online investments as such, but nevertheless something that forms a vital and necessary component in the industry – online e-currency exchange providers. And in particular a recently launched service provider called LR-PM. I think the name says it all really. LR-PM is an e-currency exchanger that deals exclusively with transactions between LibertyReserve and PerfectMoney in both dollars and euros. By the way if you’re tempted to stop reading now based on the fact that you personally can’t make any money from this then I would ask you to re-consider. It’s an important aspect of the online investments industry and it never hurts to make yourself as familiar as possible with some of the players behind the scenes not directly connected to the programs you join themselves, but nevertheless providing a service that we all need from time to time.

Now, there’s a lot of good and dependable exchangers out there I know and it’s not exactly a secret. If it’s a line of work you want to succeed in then you really need to be offering something that I either can’t get elsewhere from some one I already trust or at least do it a hell of a lot better. So what then is so special about LR-PM? For one thing there’s the speed. I’ve tried them out myself a couple of times now and can personally vouch that their claims of instant transactions are accurate. Each time I used them the exchange was completed faster than I was able to log out of one account and log into the other in order to verify it. And when I consider that there are other providers out there that leave you waiting for a couple of days before processing your request this aspect of LR-PM was all the more impressive.

Another feature that I liked was the price. LP-PM‘s exchange rates are the lowest from any source that I am aware of in the market today. As the rates themselves may be subject to occasional ups and downs I don’t wish to list all of them here, because if I did then this article would just be obsolete. What you should do however is visit the LR-PM website and see them for yourself. I know that there is only two payment processors here but due to the fact that both of them deal with both dollars and euros the list of possible transactions is a bit longer than you may at first think. Some of the exchanges can be done for as little as just 1% by the way, which is something you won’t find anywhere else. The fees on other transactions do increase a bit so they’re not all as cheap as that, but they are still the most competitive in the market.

On closer inspection of the rates I feel compelled to share one observation with you however, and it’s that I can’t help but suspect some closer operational links between LR-PM and PerfectMoney themselves. The thing is that the exchange rates are very very favorable to you putting money into PM rather than taking it out, and this is despite the fact that their PM reserve absolutely dwarfs their LR reserve. And there is something of a closer working relationship between them as the admin, (his name is Alexander Bronner by the way) has pointed out that you will find his site among the list of approved exchange partners listed by PM. Alexander, who was quite responsive to my questions by the way, went on to tell me that for professional reasons he finds it wise to foster a more personal relationship with the owners of both LibertReserve and PerfectMoney. To date PM have proved to be the more responsive of the two which is hardly a surprise really as LR can often appear a bit more impersonal. But in the interests of keeping the operation running smoothly Alexander is working on them at the moment too and is hopeful of negotiating a more professional and long term working relationship.

The admin is of course free to contradict me at any time but don’t worry, I’m not suggesting that if there was any closer co-operation between them that’s it’s a bad thing. Quite the opposite in fact, I’d actually be totally in favor of it. PerfectMoney seem to be bottom of a lot of peoples lists when it comes to playing online HYIPs but at the same time I don’t think I could name a single HYIP that doesn’t accept them so obviously there are more than a few users out there. I think the problem boils down to the fact that PerfectMoney basically don’t do anything that the more established and popular LibertyReserve wasn’t doing first. Except that there can be a bit more of a ceremony involved when attempting to withdraw, and that was never going to benefit their popularity was it? So the point I’m trying to make is that LR-PM is an enormous stride forward in making PerfectMoney a more accessible and popular e-currency. That won’t happen today or tomorrow of course, but it’s a good service and a good start.

Anyway, sorry if I’m drifting off topic here. This is after all supposed to be about the benefits of LR-PM to you the customer, and not to any particular payment processor. It’s just a point I felt needed to be made.

So apart from the obvious benefits of having instant payments at knockdown prices, it’s also quite secure. LR-PM is hosted on a dedicated server supported and protected by Dragonara, who have for a number of years now been widely acknowledged as one of the very best and safest service providers in the business. It’s not exactly a dedicated server, but the only other sites hosted on it are LR-PM mirror sites, like LR-PM.org or LR-PM.net and so on. Transactions are protected with SSL encryption and overall it’s a very professionally designed and user friendly website.

And it’s remarkably easy to use as well. There’s no need to open an account, it’s just a simple matter of entering the amount you wish to exchange and clicking “next”. That transfers you to the secure SSL encrypted area where you will be asked for your account details and e-mail address. Click “next” again and complete the transaction. They couldn’t have made it any easier.

There’s also a wide variety of methods to communicate with the LR-PM support staff with a number of Live Chat options in use. They’ve got a Skype number if you need to talk as well as ICQ and Yahoo Instant Messenger (though I didn’t notice the address for that anywhere on the site, so maybe Alexander should look into that). If you don’t like that then there is of course the more traditional e-mail contact where you can submit your queries through the support ticket system on the contacts page.

To sum it all up all I can really say is that I’ve tried them out personally a number of times now and have found it to be a dependable service and faster than anything else around. Sure, they’re not the only good exchange service, but in this business turning virtual money into hard spendable cash in as short a time as possible is of the utmost importance and that’s something that we can all agree on.

OTHER NEWS FOR TODAY.

Ok, since today is Sunday there is as usual a bit less news today. And apart from the MNO Forum which has finally opened there is less exciting news either. Of course, first and foremost the first payouts on expiry from FruitInvest have been paid and you can find the proof of that from the many happy members in the FruitInvest‘s thread in MNO forum (check it out here). I remind you that FruitInvest pays you 116% after 4 days and 132% after 7 days and as I said the payouts on expiry were paid for the shorter plan. You can read more about them and the plans in my detailed review published here and the upcoming interview with the admin which I hope to post on my blog soon (the questions have been already sent). Here is the update regarding the first processed payouts from FruitInvest:
“I am glad to inform all the cash out requests till now were processed. I made as fast as possible. Do not forget to post payment proofs on all forums and monitors. I am sure FruitInvest will go long way from now on.
George”.

And just a few minutes ago I was paid on expiry from FruitInvest and I must say the payout was processed quite fast. Let’s hope it’s just the first of many more to come. In the latest update the admin, George, announced the first referral contest which will run for the next 10 days and asked anybody who tried to deposit into the program via LibertyReserve today and whose account was not credited properly to submit a ticket. It’s a temporary issue on LR’s side which will hopefully be fixed soon. Here is the latest news from FruitInvest:
“All cash out requests were processed as of now.
LibertyReserve SCI was not functioning for the entire day. So LR deposits were not added automatically. I am adding all missing LR deposits manually. If anybody’s deposit is missing please send a support request.
As said here comes first referral contest. The contest will run for next 10 days. Winner will get $200 and runner will get $100.
Those who got paid do not forget to post payment proofs. So far FruitInvest is getting good support from all members in terms of reinvestment and promotion. I am extremely happy with this progress.
George”.

Telephone support with a Kenyan phone number was introduced today by PrivateDiamondClub (reviewed here). Hopefully next week we will hear about a new plan which is going to replace the currently inactive daily plan. Here is the latest news from PrivateDiamondClub:
“From today you can use our call support again. Just call us in Kenya under:
+254717992321 for further questions’s.
Please note the phone service is just available for active members.
Thank you. The PrivateDiamondClub Limited.”

The admin of YingYangInvestment is delaying the payouts and promises to pay to everybody very soon. I hope everything will be processed by tomorrow, otherwise I’m afraid I will have to move it to Problem status. There are a couple of more programs by the way that can go to that status on MNO tomorrow so stay tuned for my report on that tomorrow. This is the latest from YingYangInvestment (reviewed here):
“Dear members, All payments will be made tomorrow.
Please make sure to post the proof on a forum like MMG or TG (etc).
Thank you for the support!”

Here is the list of the programs monitored by MNO that paid me today and are in good Paying status:
TrueEarn, HighYieldClub, FruitInvest, IncoForex, TopEarnClub, StaunchFinances, RogerVille, TrumpForexClub, YesInvestment, GoldenInvestment, ForexNetClub, EzProfit, AvaInvestment, InvestAward, NanoVenture and DubaiFinances.

The new program added to MNO monitoring today is the just launched FinFex. The program offers three investment plans in which you can deposit via three payment processors: LibertyReserve, PerfectMoney and StrictPay. The first plan pays 10% weekly fixed interest and you have an option to withdraw your principal after 4 weeks if you wish to leave (the minimum to invest in this plan is $10). The second plan in FinFex pays a variable weekly return of 5%-15% depending on their trading performance (the minimum to invest here is $25). The third plan is offering a fixed daily interest of 2% which is paid to you for 10 business days and after that your principal will be returned as 10 payments for 10% on each business day (the minimum to invest in this plan is $10). I think the plans are quite original and I believe FinFex will find a grateful and willing audience. The script being used by FinFex is a licensed Neversay script and one unit will cost you $1. Overall the security is quite good with an SSL-certificate and hosting on a dedicated Staminus server with a high DDoS-protection level. Moreover,there is an intoductory 10% to 20% promotional bonus that will be credited to your account (depending on the deposited amount) which you can either re-deposit into one of the plans or withdraw to the payment processor. More about FinFex can be read in my upcoming review which will be published later in the week. Stay tuned for that, guys!

Also don’t forget to check out my blog tomorrow for an interesting interview with the admin of the already well-established short-term program TopEarnClub (reviewed here). I think it will be useful reading if you consider investing in one of the plans (18% for 7 days or 135% after 7 days). Later in the day there will be another review and more news updates published. There are currently 80 registered members on the MNO forum after only 24 hours and I expect that to reach 100 by tomorrow when the business week will start, hopefully bringing MNO readers more profits and a pleasant experience from investing. Stay with MNO and see you all tomorrow!