Aug 22nd, 2010 Archives

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7

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

Hi everyone! Hope your weekend is going as well as mine so far. Being Sunday I’m kinda pleased that there isn’t a whole lot of news to report on as I’ve been pretty busy elsewhere. Oslo is a notoriously expensive city (I can vouch for that!) but you know three quarters of the city limits is made up of protected forests and literally hundreds of lakes so if you enjoy more vigorous outdoor activities like me then it doesn’t have to cost all that much. Just light a small fire, catch your own fish, and cook your own food overlooking the sea far below. And in the cool mountain air and the sunshine there are few better places to be that I can think of today!

But it’s late enough in the evening now so time to see what news there is for us to look at. The main item I want to look into first the addition of a brand new program called Pickash which opened only yesterday to my monitoring list. It’s a short term HYIP based game that seems to have raised a few eyebrows even already due in no small part to it having a similar design and similar plans to a number of other programs that ran earlier in the year. Some people claiming to be alarmed by it and others saying they like it and are happy to take a chance.

Personally I doubt very much that this is the admin’s first foray into the murky world of online HYIPs but if anybody tries to identify him, claiming they know for “a fact” that he was behind this or that program, it’s going to be purely speculation. Similar looking programs are as likely to indicate shared designers as they are shared admins. In this instance by the way the admin’s “nomme de plume” is Robin Williams. Now I don’t know about you but personally I haven’t seen Robin Williams in a good movie since “One Hour Photo”, so who knows? Maybe he really has turned to running online HYIPs to get his career moving again, lol!

But seriously, the wonderful thing about freedom of choice is that if you don’t like Pickash for whatever reason, either real or imagined, then stay away. It’s that simple. And despite the industry in general lingering in the doldrums there is still no shortage of options out there for you if you really are determined to play with a couple of bucks. MNO reviews are merely suggestions, not recommendations. But for anyone else that’s just curious I’ll try and run through the main points involved here.

To start with there’s only one investment plan and as I said it’s short term. In fact it only runs for a period of 5 calendar days. In return for your investment the admin offers you one single payment of 125% interest – including your principal – made on expiry. It couldn’t be easier to understand. Invest $100 and get back $125 on expiry. The minimum amount you may join with is only $5, so it’s affordable to all. The maximum spend is $12,000. Keep in mind however that because of the script you may only invest in blocks of $5. In other words you buy shares at $5 each, so you are only allowed to spend $5, $10, $15, and so on like that up to the maximum.

There’s a good choice of payment processors available to those who do decide to join. For whatever reason shorter term programs can often be more accommodating than longer term ones on that front, and in this case Pickash are using AlertPay, LibertyReserve and PerfectMoney.

StrictPay are also listed though at the present time they are best avoided. At least if you ever hope to actually receive any of the money you earn in the form of real spendable cash you should avoid them. If you’re happy to receive a virtual number on a PC screen then go ahead. A much more welcome and positive sign however is the possible inclusion of SolidTrustPay. As you may know they have a more rigorous verification process than most, so keep an eye on MNO and I’ll let you know when they are finally added. I’m sure a number of you will probably prefer to wait for that to happen before getting involved.

Another thing that some may wish to wait for is payment confirmations. The first cycle is yet to be completed so the only successful payouts made to date have been referral commissions. So if you’re waiting on that then you should also watch MNO for updates. I’ll make sure you hear about it on the same day it happens. Payments are made manually so you need to request them. The admin requires a maximum of 24 hours to process everything but promises to be as fast as he can.

I already mentioned the script. It’s licensed from Neversay – hence the fact that you can only deposit in units of $5 – and therefore more secure than most of the generic models. BlackLotus is the hosting provider and they are keeping Pickash on a dedicated server with their “enterprise level” protection from attacks (their highest). If you have any questions for the admin then you can submit them through the support form on the contacts page.

So that’s the basics of Pickash explained for you, the million dollar question now is how long will it last? Well, there’s a lot of factors that will influence that. Unfortunately none of them are predictable! To the admin’s credit he’s pretty up front about the fact that his program is more or less a lottery. There’s no profit as such in the dictionary meaning of the word, merely a redistribution of existing money. I’m pleased to see that right from the start he is emphasizing the utmost importance of members getting behind the program and helping him turn it into something that will benefit as many investors as possible. Clearly there will still be a number of losers, and if that’s a problem for you then feel free to pass on Pickash. Though to be blunt I can’t name a single online HYIP where that’s not an issue.

If he receives that support then fine, but it’s still not everything. Next the fortunes of Pickash will depend on the intentions of the admin himself. I can see that he has some advertising budget behind him so hopefully that means a budget to sustain payments while the program gathers momentum. I can’t help but feel a little skeptical at the online stats however. I honestly can’t imagine those numbers concerning the number of members and their deposits being accurate, or anything like accurate. Twelve months ago it may have been possible but these days I doubt it. Still, I’m not the admin so what do I know, eh? I’ll ask him about it if he agrees to be interviewed (and if he does then feel free to submit a question or two of your own).

The final word? Well as you all know by now this is a volatile and unpredictable business with well organized programs collapsing and some unlikely looking ones gaining success. Don’t be afraid to take a risk because you’ll never succeed in anything if you don’t, but please base these things according to how experienced you are and enjoy it while it lasts.

DAILY NEWS FROM THE INDUSTRY.

I must announce some good news from OnlineMDT (reviewed here).
First of all, the interview is ready for publishing and you will be able to read it on MNO tomorrow. I hope you will find some really useful information in it and not the regular nonsense the majority of HYIP admins try to feed us all the time.
Second, the 102% after 1 business day plan that was supposed to be a test plan expired. In my opinion, it’s good news as it makes little or no sense as you had to pay 1% to LR for a transaction the plan gave you only 1% real profit which wasn’t worth the risk in my opinion anyway.
Third, there are only three investment plans left and the minimum in those plans will be $15. I think all in all, it’s a positive change as on those plans the profit will be counted on calendar days, and not business days previously done. So by depositing via LibertyReserve, PerfectMoney or StrictPay you will get the following profits: 109% after 3 days, 119% after 5 days and 129% after 7 days. As you can see, by changing the term of investments from business to calendar days the admin of OnlineMDT actually decreased the time after which you will be in profit. I think it’s good news but was strangely not mentioned in the last newsletter from him received today. Of course, the review of OnlineMDT will be edited in due course to reflect the latest changes which I’m going to do later tonight.
So here is the latest updates received from the admin of OnlineMDT this morning:
Hello Dear Members, sorry to bother you, we should announce a news. In the first days we put 102% after 1 day plan just to gather proof, but now we have many investors which received payment from us, and those investors are more valuable and our greater Proof.
Our first plan will be close today. and as always we need your great support in forums. we have an other surprise for you, our interview with Money News Online will be publish today or tomorrow. we think that it is one of the next way for readers to know more about us.
And at last we are happy that have passed 11th day of successful trading without any problem. And our future Advertisement plan will be send to you like always. We are sure that you will be surprise when see our advertisement plans.
Thank you again. Surely we are happy to receive any suggestion. So don’t Hesitate to contact us.
Kind Regards. Rabins.

Now I’m going to announce the poll results for this week. In total 74 votes were submitted by MNO readers to decide the most promising program you think will become the next big thing and leader among low-ROI programs in the coming months. I remind you that the five programs were chosen according to my own subjective criteria and included relatively new programs that in my humble opinion have a good chance to become big. So what are the final results?

First place goes to Flamanta. The program scored 26 votes (35%) which to be honest was expected. Flamanta was featured on MNO for nearly three weeks and is really considered a possible successor to GeniusFunds by many. The program accepts so far only LibertyReserve and PerfectMoney to the following plans: 1.72%-1.78% for 150 business days, 1.84% for 160 business days, 1.92% for 180 business days. To find out more about Flamanta please refer to my detailed review published here or my interview with the admin here.

In a close contest second place went to CashMiner which managed to score 22 votes (30%). If Flamanta can be compared with GeniusFunds due to similar layout and plans, then CashMiner is definitely the new SazaInvestments with a similar 8%-10% weekly forever. Unlike Flamanta, CashMiner has more diverse payment options including also AlertPay and Bank Wires and also offers instant payouts. More about CashMiner can be read in MNO review published here.

Third place in my poll goes to OilStructure with 17 votes (23% of the total). OilStructure is distinguished by the unusual payout structure divided by stages, totally customized script and fast payouts always made within a few hours of requesting. By joining OilStructure you have an opportunity to get 2% to 2.4% daily (depending on how long you stay with the program) for up to 300 calendar days or beyond. You can read more about OilStructure in my review here.

Fourth place went to ReProFinance, an excellent program still very much under the radar, with 8 votes (11%). I can see this program as a very stable performer for a long time with unique security features and script offering instant payouts to both LibertyReserve and PerfectMoney for 0.8%-1.5% for 90 business days or 0.9%-1.9% for 180 business days with the principal return on expiry. ReProFinance has been monitored on MNO for two and a half months already but still didn’t get too much attention, meaning it can still become popular in the high season for HYIPs which will hopefully start this autumn. More about ReProFinance can be read here.

Finally, and perhaps most unexpected for me, with only 1 vote (1%) came YamaFinance. I think the program is also really good with stable and instant payouts to LR and PM and a unique script and plans named after four Japanese islands. Nearly two months YamaFinance has been monitored on MNO and so far showed quite remarkable results with the admin answering some questions for the interview which you can read here. So I don’t quite understand why YamaFinance performed so poorly here. Although considering the competition was really fierce (as all five programs have been performed pretty good) I guess YamaFinance still might become if not a leader then a significant player in the near future. The review of the program can be found here.

So the next poll I’m going to suggest to you, my dear readers, will be to consider the future of MNO forum. I noticed lately that the forum’s popularity has slowed and now it risks becoming the one thing I didn’t want it to be in the first place – a place to submit your votes mostly used by monitoring sites. Of course the new monitoring page means the votes can be submitted even easier.

Granted the industry in general has slowed down and so too has “real” discussion on the main forums, by which I mean non monitor related “I got paid today” style posts. Since I can’t see any real serious discussion there and actually observe more activity in my Shoutbox recently I would like to ask your opinion about the future of MNO forum. So I’m going to ask you the following question:
What do you think should be done with MNO forum?
1) The forum should stay online and the way it is now as I quite like it.
2) The forum should be reconstructed with more diverse subjects and moderators added.
3) The forum should offer some incentives for the members to keep them interested in posting (i.e. paid-per-post or some regular cash contests).
4) The forum should be removed as there is no way further discussion can be encouraged.

As you can see I’m asking my readers for directions in the future development of MNO forum so to make it a more useful resource to find the information about online investments. So is there any ideas to improve the MNO forum instead of closing it? Do you want to become moderators? Provided you are fluent in English and know the HYIP industry like the back of your hand. If you want to help me improve MNO forum or become a moderator there please submit your profile to my email abramsonp@gmail.com Please note that the moderators will not be paid a fixed amount but can be only offered a percentage of banner sales and free advertising of their sites on MNO forum and monitoring if they wish. With time the moderator’s role can be increased and he/she can become a part of MNO. So please vote in my new poll and if you’re interested in taking the moderator’s place on my forum do not hesitate to contact me with your info. Let’s make MNO better and beneficial for all investors and just regular MNO readers!

The MNO Reader Profiles poll was also hot, meaning my readers prefer hot drinks, lol. Tea (32%) and coffee (30%) were the first in the list of your favorite drinks, with beer came third (18%), while juice (12%) and cola (9%) were the least popular options. I’m glad that tea is actually the most popular drink and to stay on-topic I suggest to name your favorite brand of tea, meaning the tea which you regularly consume more than others. I tried to find some well-known international brands of tea that can be found in your country, but if it’s not in your list, sorry. So please select among your favorite tea trademarks: Lipton, BrookeBond, Pickwick, Twinings, Tetley or Dilmah. Anyway, maybe it’s a bit much to ask and you don’t have your favorite, then just choose what brand you consume more often. I’m kinda curious to see if our opinions on tea brands are the same as well. Just for amusement remember!

So please submit your votes for the two polls located in the end of left and right sidebars of MNO. I will be looking forward to your response!

Here is the list of the programs that paid me for the last 24 hours:
OptimumPride, Pickash, GlobalTradeManagers, FundsOMatic, HOX, CherryShares, UniteTrade, RedOrchidInvest, InWolton, OilStructure, VividTrade, YesInvestment, EzProfit, OnlineMDT, PawnShopFund, Forexica and CashMiner.

I hope to see you on my blog tomorrow with the interview with the admin of OnlineMDT and more news from the Industry. Stay tuned and always be on the money with Money-News-Online!

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