24/06/2010. Daily News from the Industry

Hi, guys! Today I was planning an article but had no free time so I have to delay publishing it for later. But despite that I still couldn’t leave you without the regular daily news from MNO which hopefully you’re eager to read daily and is your favorite feature on MNO. Of course, the ongoing crisis in the HYIP industry makes it hard to profit from HYIPs but I hope MNO will still be here bringing you the news and more information on the new programs before, during, and after the industry recovers. I’m expecting this to happen by September and honestly I’m quite surprised by the latest results of my poll where only 62% of readers believe this to be the worst crisis in the whole HYIP history while 38% are less sure. So we still have hope that once the investors are back from their summer holidays and once we have some better admins willing to run programs for as long as possible and not hit-n-run and then blame investors for doing the same. I’m pretty sure of that! But let’s get back to today’s news.

I received the first 8% weekly payment from CashMiner (reviewed here) and as expected it entered my PerfectMoney account instantly as promised by the admin. Actually, CashMiner I think is trying to repeat the success of another long-lasting hit from last year called SazaInvestments and offers the same plans 8%-10% weekly forever with 1% ref commissions offered. For now CashMiner is really flying under the radar but if the admin keeps this good work going I believe it has a very good chance to pick up plenty of steam by September when the industry will surely revive. So if you want to join CashMiner do so now and be one of the first investors to take advantage of the program in its early stages.

Unfortunately not all admins are very patient and ready to wait until their program is going to pick up or just lose hope and give up far too easily. So I was kinda surprised to receive an email from the admin of FastBucksPro Joshua announcing about the closing of his program even before the first payments on expiry are processed. He is however promising full refunds during the next 24 hours. Well, at least Joshua did the best thing possible and instead of harming everybody and becoming another short-term scam he preferred to close his program and issue refunds to his members. Of course, I will be glad to promote any of his new programs if he opens another one in the future once the industry is back on track. The program may have failed but the industry could still do with a couple more admins like this one. I remind you that the admin of FastBucksPro tried to revive interest in short-term programs by introducing the 50/50 rule but apparently the investors are too scared at the moment to invest even in such programs. Here is the farewell email from Joshua (I would appreciate if you report to me in my ShoutBox if you actually get refunded by tomorrow):
“Dear Members,
I would like to thank you all for joining FastBucksPro.
Unfortunately the level of participation is not sufficient and rather than continue and put your funds at risk, I have decided to close the program and refund your money back. I will do this within the next 24 hours.
Wishing you the best of luck in your endeavors, Joshua.”

The admin of VezGroup (interviewed here) became more disciplined with payouts recently and today I even received my payouts twice. I guess the program is becoming more popular among online investors day after day mostly due to 2.4% daily forever plan and accepting all the six most popular payment processors including the declining StrictPay. So if you want to get rid of this e-currency VezGroup could be one option to look at. In the today’s update from VezGroup the admin reported about some trading success in the company without of course providing any proof of that. Here is the latest newsletter from VezGroup (reviewed here):
“To all VezGroup Investors;
First, We wish to thanks all our members in choosing VezGroup as one of your financial partner in this industry. We at VezGroup aimed to provide our members top notch Customer service and investment solutions for your portfolio.
Our Livestock Production has been doubled to reach the demand of the current market, we also closed several Contract deals and several Soft commodities Bidding to increase our profit for our investors. Our Team are working hard to ensure all investors fund will be properly allotted in the different income streams.
Thank you for being part of VezGroup Inc,
Regards; VezGroup Administration.
VezGroup Inc – Profit in Nature”.

By the way, today it’s now 13 days since I requested a bank wire from StrictPay. It has not been processed and my support was not replied to either. I asked them to stop causing headaches to investors and finally tell us when the pending requests are going to resume or else just admit that they are dead as a payment processor. In my honest opinion, any payment processor that charges 2% for every transaction and which accepts funding but doesn’t process withdrawals can itself be characterized as a ponzi-based HYIP and not a regular payment option. Anyway, in my honest opinion funding StrictPay is totally suicidal for admins and regular investors alike. I will update you later if I have more news regarding StrictPay but things don’t look so good at all at this point.

TrumpForexClub has stopped paying and has been moved to Problem status on MNO this morning. Unfortunately I was right in my warning posted yesterday and TrumpForexClub removed the rating page today to fool any prospective investors. Don’t take this bait and be aware that TrumpForexClub has already become a scam.

The admin of DynFxTrade (interviewed here) is trying to maintain interest in his program by offering a World Cup match predictions contest which is held on a daily basis. The results of the previous task and the new contest are announced in the latest newsletter from DynFxTrade (reviewed here):
“Contest Result
Final score Korea Republic – 2 Nigeria – 2
Disappointing. Don’t get any correct entry. So we decide as bonus we increase winner again up to 5 correct entries for next contest.
Hi Paul Your daily contest is here! and all pay out request completed
*********************
Daily Fun Contest!
*********************
Today’s Match Of the Day ( 25 June )
Portugal vs Brazil
Predict the final score of the match.
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 Portugal will win
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”.

I have added another program to my monitoring today called SevenStarProfit. The program only accepts LibertyReserve and PerfectMoney and offers three investment plans with a $10 minimum to join any of them: 17% for 7 days, 117% after 4 days, 180% after 15 days. SevenStarProfit just launched two days ago so it can be considered as quite new. The program is running off a licensed GoldCoders script and is hosted on a dedicated Staminus server with protection by DdoSWiz. A more detailed review of SevenStarProfit will be published on my blog by tomorrow after I receive my first payment so stay tuned for that!

Here is the list of the programs monitored by MNO that paid me for the last 24 hours:
FairHYIP, CashMiner, RoyalPlaceInvest, EForexTrust, CherryShares, InWolton, OnyxInvClub, BookmakerOffice,KaizenPortfolio, MoneyTree, DynFxTrade, EzProfit, GoldenInvestment, YesInvestment, BukInvest, GroupUniversal, PrivateDiamondClub, RedOrchidInvest, VezGroup and MoneyVIPClub.

That’s it for today and I will see you on my blog tomorrow with the review of SevenStarProfit and more news from the industry!