13/07/2010. Daily News From The Industry

Hi, guys! It looks like another short-term program called SolidInv is going south already after being online for only just over a week. I honestly never believed in its longevity myself with the admin spreading rumors about himself that he was the same admin that ran TrueEarn once with some great success. The admin even tried to do everything to be associated with those successful short-term programs in the past even trying to impersonate the admin’s writing style. Although not even a straight copy-paste of the texts or even almost identical plans could help this lousy scammer to fool investors and thankfully I don’t believe very many fell for this trap. I honestly told you in my review of SolidInv what this admin tried to achieve by these actions and for that he didn’t even put a link to the review on his home page. Probably he was just totally ashamed with his foolish attempt to look like something big. Anyway, the fact is SolidInv is delaying payouts and I would strongly advise you against making any investments there.

It looks like the majority of short-term programs are fast scams at the moment and are miserable failures which sometimes don’t even last for one cycle. I would advise you to stay away from them from now on and not invest much in any short-term program for the time being. I guess the Industry has yet to recover and investors still prefer to hit-n-run in short-term games then to pay attention to some quality low-ROI programs that launched this summer. I guess they should probably establish themselves first by stable payments and support during these summer months to be noticed by September when the industry should get back to normal. So I suggest you be extremely careful about joining short-term programs at the moment and only play with the amounts you’re really ready to lose.

I guess Biffalo (reviewed here) is one such short-term program simply being overlooked by the investors due to the lack of choice of payment processors (they don’t accept AlertPay for instance) and have quite a moderate advertising campaign. Although for somebody all those inconveniences are being compensated by the instant payouts processed to both LibertyReserve and PerfectMoney. I for one was quite pleased to receive another instant payment from the 130% after 7 days plan to my PerfectMoney account today. It looks like many investors noticed Biffalo but not many were brave enough to invest. I guess at that particular point the gradual growth is simply better for the program’s longevity and if the words about launching a huge advertising campaign for Biffalo soon are true it’s the right place to invest while it’s still unknown to a wider audience. However, we simply cannot trust everything the admins tell us on their sites, can we? Anyway, we’ll wait and see what happens next.

I received all my pending withdrawals from the admin of FxCrudeOil (reviewed here) today along with a reminder that the members should vote on forums and monitors after receiving theirs. If you can do so by placing your vote on MNO forum thread here it would be highly appreciated. Here is the latest short email-reminder from the admin of FxCrudeOil:
“All pay out has been completed. Pls vote for us!!
Thank you to those new members just joined.
Remember we have compounding option available and can fund wallet any amount from 1$.
We have strong DDoS protection with SSL service.
Thank you and enjoy. FxCrudeOil Admin”.

I have a pending withdrawal from DynFxTrade for over 24 hours already so I had to move it to Problem status on MNO Monitoring unless it’s paid or at least the admin explains the reason why it’s been pending for such a long time.

Other programs listed on the MNO monitoring page that paid me during last 24 hours include:
Biffalo, InWolton, FluxRates, CherryShares, GroupUniversal, OnyxInvClub, GoldCollarInvest, OilStructure, PrivateDiamondClub, FxCrudeOil, RoyalPlaceInvest, RedOrchidInvest, FundsOMatic, HOX, AvaInvestment, YesInvestment, GoldenInvestment, EzProfit and YamaFinance.

That’s it for today. As the industry is so quiet at the moment there are less new reviews. That will all change soon enough but for now I really don’t mind as I have a lot of other things to do this summer. Bye for now and see you on MNO tomorrow as usual!