Jun 16th, 2010 Archives

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BEWARE! THIS PROGRAM HAS BEEN MOVED TO WAITING STATUS DUE TO DELAYED PAYOUTS TO LR! DO NOT INVEST THERE!

Hi everybody! One of the longest surviving HYIPs around at the moment is undoubtedly CherryShares, having started way way back in April 2009 which puts them into a small and elite group of programs. Things were a lot healthier in the industry back then and so far CherryShares seem to have enough support to carry them this far through the current crisis. Some people say that online HYIPs have at best a limited audience and even the best can’t get much further than 15 to 18 months before reaching saturation point – after all, there’s only so many HYIP players out there. Others have been a bit more optimistic however, insisting there is no end in sight for the program. Either way there’s no denying they’ve become one of the industry leaders.

CherryShares has four investment plans to choose from which are mostly long term. There is a short term plan in there for you too. Compared to the others (in terms of sheer length) it’s almost like a test plan, but it’s a bit more serious than just that. The minimum deposit is $50 and you are offered weekly interest payments of 5.8% interest per week for 3 weeks. In a fairly unusual move for this business 50% of your balance is available to be withdrawn after a two week period and 100% will be available after the third. The total interest will be 17.4%.

After that you need to have a little patience because the next plan sees CherryShares offer daily payments of 1.1% interest per calendar day for 315 days (45 weeks). That accumulates to a more profitable 7.7% per week and allows you to break even after 91 days and start earning pure profit after that. You should finish up with 346.5% interest in total after which your principal is returned.

The third plan is even more profitable, but as is always the case in this industry requires more of a risk and even more patience. With a $5000 minimum deposit it’s hard to see CherryShares getting a lot of new investors into this one with the industry the way it is, though I’m sure a few of you have tried it out sometime in the last year when times were better. The plan runs for 50 weeks and makes weekly interest payments of 8.7%. That adds up to 435% in total, which assuming you can afford the minimum deposit and can wait almost a year. Although had you joined early enough you would have broken even after 12 weeks. Principal is returned on expiry.

The last plan in CherryShares requires a $20,000 minimum to join so for information purposes only it runs for 75 weeks, pays 9.9% interest per week, and your principal gets returned on expiry.

A couple of other things you may wish to know about the plans is that compounding is allowed and there is no maximum investment. Though its suggested that if you wish to invest more than $10 Million then you need to let the admin know first. So remember to say please, OK? And of course remind them who your upline is, lol!

A couple of things that I know have changed in CherryShares since last year is the list of payment methods. It has grown to include a verified option in AlertPay as well as LibertyReserve, PerfectMoney, and bank wires. Weekly payments are made once per week every Friday at 12.00 GMT, though the software may take up to 24 hours to process your payment.

Like most of the longest surviving HYIPs in recent years CherryShares runs off a unique and totally customized script. The accounts are protected with SSL encryption and the hosting provider is BlockDos – widely acknowledged as the best in the business keeping CherryShares on a dedicated server. None of that guarantees your principal of course but as long as the admin wishes to continue making payments then there should be no outside obstacles getting in his way. If you have any problems with your account there is a form you need to fill out with a number of questions relating to the matter. Alternatively there is a postal address in Hong Kong. I doubt many people who make their living online bother too much with these things, and if anyone wanted to check it out they’ve had over a year to do so by now.

Good as they’ve been in the past, any online HYIP is only as good as their next payment which at the moment makes the first 3 week short term plan by far the most attractive. Not in terms of profitability but in terms of reliability. For instance with the daily payments plan (the only other option realistically affordable to most HYIP players) you require a bare minimum of three months just to break even. And let’s be honest here, it’s no secret that times have been tough in this business recently. On top of that we are now only at the start of the summer which has traditionally been a quiet season anyway, so do you really wanna wait three months just to break even? This time last year I’d have had no problem with that, but now? Well, your money and your choice.

Apparently CherryShares is a registered company somewhere, which may well be true. Money-News-Online is also a registered company (which is a shockingly easy thing to achieve by the way) but that doesn’t give me a license to offer financial services. In fact I’ve seen countless HYIP games get themselves registered in one country or another, what would actually impress me is if one of them could prove any kind of official government approval of their activities. But I don’t want to go on about that as I reckon most MNO readers are smart enough to know how these things really work anyway.

But based on my so-called dealings with the CherryShares admin (make that “alleged” dealings – they never actually happened!) I tend not to believe the part about this being a private multi billion dollar investment company or anything like it. The full extent of my supposed dealings with them (which I learned about second hand from internet forums and mass e-mails by the way!) involved CherryShares first of claiming that they had freely decided to advertise on MNO – they didn’t! – and then following that with an even more bizarre statement that they decided to, and I quote, “withdraw our previous advertisement order with MNO.” Which is pretty strange because such a thing never existed. In fact I’ve never had a conversation either written, spoken, telepathically, or in sign language with anyone from CherryShares in my life. The point is that one lie is needed to cover up another and like most online HYIP games these stories about million dollar investments can sometimes take on a life of their own and distract investors from what they are really getting themselves into.

So if you think there is still some life left in CherryShares then proceed with the same caution you treat every online HYIP and always treat it as a smaller part of a more diverse portfolio.

OTHER NEWS FOR TODAY.

MoneyTree is 8 days old and doing just great. All the payments are completed fast and the admin is quite active (hopefully he will answer my questions for an interview soon). So the first payouts from 132% after 8 days plan should have been processed today. I can’t confirm it just yet as I wasn’t in MoneyTree from day one but I believe the fast payment from the 109% after 3 days plan is sufficient enough to make me think the admin has some serious intentions for his program. Another thing I like about the admin of MoneyTree (Peter) is that he stands positive criticism and unlike some admins he accepted my review of his program (read it here) with due attitude of working on improvements. He would also appreciate your comments which you can leave on the MNO Forum thread for MoneyTree here. I hope eight days is only the beginning and that soon enough we will see the payouts from the most profitable plan – 180% after 16 days. This is the latest newsletter from MoneyTree which accepts deposits from AlertPay, LibertyReserve and PerfectMoney:
Dear MoneyTree Members, It is a pleasure to send out our first newsletter.
As one of the youngest firms in this industry, we are very grateful for your willingness to include MoneyTree in your investment portfolio.
To meet expectations we will respond to your trust with a high level of service.
Since the launch 8 days ago, there have been several updates of the MoneyTree project, such as improvements to the website layout, which has been re-designed to be more user friendly for our members, more information in the content of our website and improvement of the ticketing support system.
We also like to inform our members that recently our program has been reviewed by Money-News-Online, the most respectable blog in this industry. The review has expressed both positive and negative points about MoneyTree and it would be a great idea for each of you to include the review as part of your due diligence.
We are very appreciative of every suggestion that we receive. We consider every idea coming from our members, some of which may become part of how we do business.
These comments and suggestions are important feedback because they help us provide the best service in the industry. So please take a moment to send your suggestions or comments through our ticket support system.
Let me again take this opportunity to thank you for choosing MoneyTree as your investment partner.
Yours sincerely, Peter Russell
MoneyTree Manager
”.

Very surprising to me but InvestiHeaven (reviewed here) is still doing well even a few days after introducing its most attractive plan of 25% daily for 5 days. The payouts are still very fast and the admin of InvestiHeaven Dan (interviewed here) is even considering to make most of them instant. In addition, Dan speculated on the possible expansion of their advertising campaign on some popular forums. I’m just wondering why he announced it before it actually happens and why just a few days before I received the following reply from him regarding the possible extension of advertising banners on MNO:
InvestiHeaven has received enough exposure already, I am not spending anymore money for advertising. I am concentrating on paying the withdrawals as fast as I can and answering to all support requests as soon as possible.
So is it really a change of heart brought on by the increased level of interest from investors in the new plan or just bragging about what is not going to happen anyway? As we all know the stated intentions and the actual intentions of HYIP admins as well as the actions taken by them can all be completely different things. Anyway, at this moment InvestiHeaven really looks good and I hope it will be able to sustain the payouts from its new 25%x5 days plan together with the already existing 10% for 12 days and 144% after 12 days plans. You can always discuss the admins plans and the program itself on MNO Forum Sticky topic of InvestiHeaven here by the way. Here is the latest newsletter:
Dear members,
As you all probably noticed recently, InvestiHeaven is growing in an extremely fast pace and so does the amount of payouts. Therefore, I thought maybe it would be a great idea if I enable the instant payments feature for amounts below $500? This way I will be able to process all the rest payments much faster and also this may solve the long waiting time issue. What do you think? Please share your thoughts, opinions and suggestions with me regarding this matter and I will let you know my decision shortly.
Furthermore, I decided to expand the advertising campaign of InvestiHeaven to a wider audience of investors and will therefore purchase sticky threads of InvestiHeaven for 1 month on MMG, TG, DTM forums in the coming days. Also I was advised to purchase 728×90 static banner on TalkGold forum? What’s your opinion? Feel free to contact me and let me know what you think.
Regards, DanB
”.

Another popular program which popularity is growing day by day is AirlineFinance which pays 10% for 14 days and 160% after 14 days and already reached almost 300 members after just 5 days online. The admin is increasing the rate of advertising by purchasing Sticky topics and banners on forums and he even bragged that he refused a $10K investment today. Is this again some trick to say how honest he is? I think I heard the same thing before from the admins of both ChokoMoney and InvestiHeaven and I don’t believe them until they show me the guy that really wanted to deposit $10K and was refused. I don’t believe anybody is so brave during this ongoing crisis so I don’t buy this story, sorry! Everything else is going fine with AirlineFinance and the payouts are processed pretty fast. Yesterday’s script issue was successfully fixed and now the accounts are credited with daily earnings correctly. Here is the latest from AirlineFinance (reviewed here):
We now have almost $12,000 in active deposits! Great! But this is only the beginning! We will go a lot further! Trust me.
Early this morning I purchased Paid Stickys on talkgold, MMG, DTM, MNO as well as some Banners. Go and check.
I have also added 10 more new monitors to our Ratings page! We now have a total of 20 Monitors!
Everything is going smoothly with the site, with no problems whatsoever. As you know we have a powerful DDOS protection and some excellent programmers.
I received some support tickets asking whether you can deposit more than once. Yes you can!
You can deposit as many times as you like. Even if you have a deposit active, you can still make another deposit on top of it. Your interests payments from the new deposit will work fine. Our script can handle many deposits at once with no problems.
So if you have made a $10 test investment, just know that if you make a new deposit it will work fine.
I was asked by an investor if I would be interested in his $10,000 LR investment! I refused this investment! I am sticking to the maximum of $2,000 investment. AirlineFinance will be sustained long term!

The second part of PrivateDiamondClub‘s African adventure was uploaded on MegaVideo. It further explains why the tin deal was denied by the administration of the program and why it was decided to concentrate on diamond trading. For those who didn’t watch the first part please see it here: http://www.megavideo.com/?v=ORW9T17J For more information on PrivateDiamondClub program please refer to my original review published here. And this is the latest news containing the link to the second part of the saga:
Dear members,
yesterday we announced part 2 of the video of our head of trading for today. Now (part 2) of the PrivateDiamondClub‘s tin deal is online. To watch part 2 of the story behind the tin deal follow this link!
www.megavideo.com/?v=HZGE6MFW
Please note that we do not dealing with tin. Our club management decided to stay away from tin mines in the DRC! The PrivateDiamondClub stays the way it is and we continue our focus on trading diamonds. Part 3 will be online end of this week before our head of trading takes off for what he does best. A new Diamond trading journey!
Best Regards, Hilde
Support and Marketing Manager
The PrivateDiamondClub Limited
”.

Both ExcellentChoice and PrimeMoney scammed just before I managed to receive the first profit from them adding to the list. I really feel bad about those programs and don’t want to talk about that much. I feel for you if you lost your money in those scams but you know the risks are there to be seen!

On the other hand, as promised by the admin FairHYIP paid me today so I returned it to Paying status on my monitoring. The payments in this program are only processed from Monday to Wednesday and so it happened that mine was due to be received only today. For more information on FairHYIP in which you can only join by invitation (if you want one please send me an email to abramsonp@gmail.com) please refer to my detailed review of the program published here.

The admin of FxCrudeOil (reviewed here) reminds about the 20% bonus which you can receive on your investment during the World Cup. Here are the details:
FxCrudeOil only enabled with mozilla and IE not support Opera due to java issue.
Payout complete and bonus going on
Our limited time special, once in a lifetime BONUS OFFER!!
*********************************************************
Our Offer : Upgrade with min of $100 in Industry Plan (pays 12% weekly for 12 weeks = 360%) and get a bonus 20% of your upgrade, deposited in Transport Plan (which will earn you 150% ROI)
Limited Time : from now until the end of World Cup – 11 July 2010.
Thank you for being our loyal member.
Admin. FxCrudeOil
”.

DynFxTrade (reviewed here) is back online and so is the predication contest dedicated to the World Cup tournament in South Africa. Here are the rules of the contest which is totally free for the members of DynFxTrade and could bring you a cash prize of $1 if you’re lucky enough:
Your daily contest is here! and all pay out request completed
*********************
Daily Fun Contest!
*********************
Today’s Match Of the Day
Slovenia Vs USA
England Vs Algeria
Predict the final Result of the match. Just who own the match or match will draw. very simple no need to predict score
Send your entry via e-mail (using the e-mail you join DynFxTrade with) to
contest@dynfxtrade.com with the following information:-
Your DynFxTrade username :
Your prediction : for example Match will draw
Only submission received before the match begins will be eligible.
Prizes : 5 winners X $1 each.
We will award $1 each to the 5 correct entries. IF there is less than 5, we will award those correct entry(entries) only. IF more than 5, we will randomly select only 5 winners. Our decision is final.
We will post winners in the news section of DynFxTrade website.
Start sending your entry now!! Remember, only upgraded members are eligible to enter and if you are still a free member, you can take advantage of upgrading now and receive a 10% bonus on your first upgrade!
Have fun! DynFxTrade Team
”.

The admin of ReProFinance (reviewed here) improved his site by making available affiliate statistics in members’ accounts. Since the script of ReProFinance is quite unique and totally customized I believe more features will be added later in the program’s lifecycle. I remind you that ReProFinance accepts LibertyReserve and PerfectMoney payment processors into the following plans: 0.8%-1.5% for 90 days and 0.9%-1.9% for 180 days with principal return on expiry. Here is the latest information from ReProFinance posted on their site:
Statistics is now available for affiliate program participants
ReProFinance service opens an opportunity for all participants of affiliate program to view and analyze statistics of their activity in the affiliate program. And this means that now you can see the list of your affiliates in your ReProFinance account and to analyze all the results reached.
Dear clients of ReProFinance, please do not forget that participation in our affiliate program may bring you profit, and the more referrals you attract the larger profit you get.

I have been paid today by the following programs listed on my monitoring page:
EarnForexProfit, InvestiHeaven, BukInvest, XaresFunds, ReProFinance, KaizenPortfolio, OnyxInvClub, AirlineFinance, CherryShares, MoneyTree, FairHYIP, YesInvestment, TrumpForexClub, GoldenInvestment, EzProfit, InWolton, VezGroup, RedOrchidInvest, PrivateDiamondClub and WorldCupBets.

Two more programs have been added to MNO in the last 24 hours. The first one is EForexTrust. This is a program offering a wide variety of short and medium term plans where you can join via PerfectMoney, LibertyReserve, AlertPay or StrictPay. There are two plans paying on expiry (126% after 7 days and 210% after 20 days). The minimum in both is $50 so it’s quite high for this type of program and in addition to that you can only invest in $50 units as EForexTrust is using a licensed Neversay script. There are other plans that are offering daily returns therefore reducing your risks in EForexTrust. The first one is paying 3.2% for 45 calendar days ($10 minimum) and the second pays 5% for 30 calendar days (with $20 minimum). The program is hosted on a dedicated Staminus with Koddos protection and SSL-encryption so the security is up to a high standard here. EForexTrust just started yesterday and I’m going to review it on MNO tomorrow. Stay tuned for that, guys!

The second program I added just a few hours ago is called CashMiner and actually it’s more interesting to me. Straight after I checked out their website CashMiner reminded me of SazaInvestments which you might remember and that managed to become one of the most successful programs of 2009 that folded in early 2010 after lasting almost a year. Although CashMiner looks a really great program with a totally customized script and nice design with comprehensive FAQ (so actually it’s looking better that Saza) looking at their plans I can see that at least the admin of CashMiner was inspired by that program as they offer the same 8%-10% interest paid to your account every week forever. The actual rate depends on the amount of your deposit of course and is fixed. Your principal can be withdrawn at any time with some complicated penalty system which will be discussed thoroughly in my review of CashMiner later. The program accepts LibertyReserve, PerfectMoney, AlertPay and the almost forgotten C-Gold with the opportunity to invest via Bank Wires as well starting from $1,000. The actual investment in CashMiner can start from $1 and the minimum to withdraw is the same $1 which will be paid to you instantly via LR, PM and AP. Other interesting features include the official registration in Panama with a listed address and phone number, hosting on a dedicated Staminus server by DDOSWiz with SSL-protection and the alleged involvement in “diamond mining and trading business” (similar to PrivateDiamondClub). A detailed review of CashMiner will be published on MNO soon so stay tuned for that, guys!

That’s it for now and I hope to see you on my blog again tomorrow. Good luck with your investment activities as well!

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