Hi, guys! I hope you all had a great weekend and are all ready for the beginning of the new investment week which wouldn’t be complete without MNO news of course. I have just arrived in Amsterdam today and I must say that I’m pretty impressed with its canals. And though it might seem like a cliché all the other aspects like the boats and the bikes and the old style windmills really do add to the charm of the place. I’m in Holland for the first time so am looking forward to exploring a bit more of the country over the next week before going to Luxembourg, which will also be my first time there.

Anyway, let’s get back to the news. As I expected there was no reply so far to my support request from CashMiner‘s administration and the site itself seems to be abandoned as no Live support can be reached at any time of the day. It looks to me like some instant payouts are still being done on autopilot while some bigger payouts are not honored, they simply disappear from your account and there is no way you can ask for them again. My experience with the latest withdrawals from CashMiner is mixed as some of them are still getting processed instantly while the weekly PerfectMoney withdrawal and the most recent LibertyReserve simply disappeared without trace. Small AlertPay withdrawals are getting done normally but not bigger ones. I received another complaint from one MNO reader who tried to withdraw his deposit via AlertPay but the money wasn’t transferred. What I could suggest to you if you try to withdraw big amounts – it’s better to try and get them in smaller more frequent portions as obviously the script is refusing to process bigger ones. This way you will have a better chance of getting something back instead of watching it vanish into thin air and then wait for a support reply which won’t come. So be really cautious with CashMiner from this point on as even if the support comes back online the damage may be irreparable by now. Of course, no further deposits into CashMiner are not recommended at this point, even if you still receive your payouts instantly. I will keep you informed of the situation over the next few days, although from my own experience with such issues the longer the silence from the program’s administration continues the less chance to get your money back. Anyway, I’m still hoping for the best outcome but the program remains on Problem status on MNO for now.

Unfortunately, another promising low-ROI program seems to be ready to bite the dust pretty soon. I’m talking about NovaFx that increased their advertising efforts a few days ago. Apparently that didn’t help them as investors were not very encouraged to spend there (from MNO only one or two members made small deposits). So I guess it didn’t work out for them. Otherwise, how could you explain the pending withdrawals (I myself have two) and the absence of their live support over the last few days. Surely, it’s a bad sign and surely no further investments in NovaFx are recommended from this point on. It’s sad to say because they had some good potential to become a leading program had the admin been any good, but he preferred to leave early instead. I think investors will be hugely disappointed by this outcome as anyone not in the Test plan would be at a loss.

By the way, I chatted with the admin about this earlier today and while I can’t say he was just here for a fast buck, it might be possible that he didn’t properly see the potential of what can be achieved from being online and paying for a long enough time. He is adamant that he wants the program to succeed but says (and he’s probably right) that the industry is stuck in a rut and that the money simply isn’t there. So it looks like we just lost another promising project. Needless to say that any future investments in NovaFx are not recommended and the program has been moved to Problem Status on MNO already.

The same goes with GlobalTradeManagers which stopped paying (or is simply paying selectively) at the moment. I saw some complaints on my Shoutbox today as well as on the main forums and I had to move them to Problem Status for that reason. It’s interesting to note that the program scammed just before processing the first payments on expiry from 155% after 40 days plan. I bet that was planned from the beginning hence the daily and on expiry plans where obviously payments on daily plans were simply financed by the deposits of those who invested in on expiry plans. The conclusion then is simple – where possible you should always pick the plans with daily payouts and simply ignore the ones where you have to wait for your investment to get returned for too long. Especially it can be applied to such programs as GlobalTradeManagers where it looks like the on expiry plans were deliberately made this way so nobody would profit from them. Anyway, those who invested early enough into the daily plans should be in profit by now. But it’s sad to see another potentially good program fall victim to it’s owner’s short-sighted greed.

It’s good to see that some projects are still developing nicely like WorldPrivateFunds for example. After seven weeks online the admin is still pretty active in supporting his program on three major forums and is bringing us a multi-lingual version of the site pretty soon. First, the German version should be available by tomorrow, followed by a Russian one soon. The admin of WorldPrivateFunds Samuel (interviewed here) also promises some other improvements which should be implemented by the end of this month. I remind you that you can invest into WorldPrivateFunds via three payment processors (LibertyReserve, PerfectMoney and SolidTrustPay) and to multiple different plans (0.9% for 10 business days, 1.1% for 30 business days, 1.4% for 60 business days, 1.8% for 90 business days, 2.2% for 120 business days). You can always read more of the plans and the program itself in my detailed review published on MNO here. And these are the last two updates from Samuel combined in one for convenience:
“For private questions like password or transaction code forgotten and/or other serious questions you can contact me easier and faster also in the main forums: MMG, TG, DTM.
My username: samarild
Thanks for your great support.
Good news for old and new members.
German version will be implemented until Tuesday and then in another few days the Russian version.
Other improvements for our site will be done till the end of September 2010.
Kind Regards. Samuel Arildsen
WorldPrivateFunds Admin”.

For some reason the Forexica site is not available for me and I suppose they have some technical issues. I guess I will wait till tomorrow before contacting the admin because the program never let me down before and the last payments were processed only yesterday. I hope everything will be alright with Forexica and I will try to keep you updated on the current situation.

If you haven’t read the latest interview with the admin of 144CashAds you’re welcome to do so here. Please note that the withdrawal button is open today and will stay enabled till Friday since the program pays only on business days. The admin of 144CashAds also reminded us about the $10 cash bonus that will be awarded to everybody who joins all six plans in the program (read more about them in my review here). I guess lately more and more members of 144CashAds are realizing the benefits which you will get by investing in all the six plans with the possibility to receive up to 144% after 12 days on the sixth plan where you can deposit only after joining all the earlier plans. So here is the bonus reward reminder which you will receive:
“All payout done and welcome all new members.
Reminder for all 6 plan holder members. Pls send support mail for get 10$ in to your ecurrency a/c who still don’t get 10$.
Thank you. Lewies. Project admin”.

I’m sure that many MNO readers will be eagerly anticipating the results of the two polls that ran last week. First off, starting with MNO Reader Profiles which was intended to see your favorite sports this time. No surprises really and as expected the lion’s share of MNO readers are football fans. In fact both soccer (regular football) and American football scored a combined total of 50% of the total votes. The leader of course is the proper European version. It scored 33% so football is now the official sport for MNO readers along with Lipton tea as its official drink and blue as its official color. American football comes an honorable second place with 17% of the votes. Hockey came third with 15% while 12% enjoy motor sports. Next are tennis (8%), basketball (8%), baseball (5%), and golf (2%).

Ok, now after we found out about so many interesting things about the average MNO reader we’ll try to keep it simple this week. Not a matter of opinion but a matter of fact. What is your age? – this is the simple question I want to ask. Please understand that there is no catch in this as I believe in the theory that biological age means almost nothing and the most important thing is how a man feels from the inside. I knew many people who looked very young (especially at heart and soul) while they are in reality much older than you may think. While there are other young people that look much older and don’t enjoy the company of people their own age. Sometimes I cannot understand the people who are not comfortable with their age but it’s of course up to them. If you lead a healthy and active lifestyle and keep a range of diverse hobbies and interests you will feel great at any age.

So the variants are: under 25 years old, from 25 to 35 years old, from 35 to 45 years old, from 45 to 55 years old, and over 55 years old. Remember that your honest answers over time will help me get a better picture of who the regular readers of MNO are and create better articles to suit them. Eventually it’s all relevant so thanks in advance for your active participation.

By the way, do you know that Tony (who is doing a fantastic job as MNO forum monitor despite only just getting started) from the HYIPBlogger site started a thread on MNO forum where he would like to know your opinion on the promising low-ROI programs, some of which are not featured on MNO? You can see his selection and submit your own comments on this topic on the MNO forum thread here. I guess any proper discussion on that topic would be beneficial for all the perspective investors. So what are your Top 5 long-term programs? Please share with MNO readers here.

The last poll where I ask you some questions related to the industry was dedicated to AlertPay and its influence over the short-term programs accepting it. The reason why I asked was the recent situation with Pickash where one jealous person complained to AlertPay which led to them blocking of their account and almost certainly vastly shortening its lifespan. As far as I know the members whose funds were frozen by AlertPay are still waiting for their refunds which in some cases may not get processed. So would it be an advantage to use AlertPay because of the possibility of getting refunded? Or a threat due to possible sudden blocking of an account and subsequent waiting period while a refund is not in fact guaranteed. Plus the fact that program members using other e-currencies run the risk of losing their deposits too if AlertPay’s actions cause the program’s premature demise.

I believe that recent events really demonstrate that AlertPay should decide once and for all if they really want to deal with HYIPs at all or not. Such situations like with Pickash when in the middle of the program’s lifespan a perfectly valid account gets frozen due to the unsubstantiated complaints of one person with a grudge is unacceptable. Anyway, if AlertPay verifies the account it should not be possible to block it as long as the program is paying without any proven complaints from members. If AlertPay prefers to do whatever it likes to do then I think it should disallow all HYIPs in their payment system (just like PayPal) because from my experience with program admins none of them use their real personal details for AlertPay account which can possibly leads to it being blocked at some point. So my opinion about AlertPay is kinda double-edged. From one point of view accepting AlertPay is really good for the investors who prefer to use them for their reverse payments policy. On the other hand it endangers the program’s lifecycle and reduces its chances for survival and member’s chances for making profits due to seemingly random (or at least unexplained) account freezings.

So the question was more complicated than you might think and that was the reason I made it public and offered it up for discussion amongst readers.

I must say the results look to be mixed as well and we can’t say there’s a clear majority either way. In total 40% consider it an advantage:
21% see it as “an advantage. Accepting them instills confidence and more members will consider the choice to be a sign of professionalism and make deposits.”
19% of participants consider accepting AlertPay as an advantage for another reason – they think that their “funds in any online HYIP are more protected so they prefer to deposit via AlertPay anyway.”
A slightly bigger percentage of MNO readers (46% in total) consider accepting AlertPay by short-term programs as a threat due to the following reasons.
34% of readers (the most popular single option) think that “it’s a threat because AlertPay can block the program’s account at anytime and affect its performance and longevity.”
12% consider accepting AlertPay as a threat “because if AlertPay blocks an account I can lose money invested via other e-currencies.”
Over 14% of the voters have an indifferent attitude to AlertPay and don’t really care about the matter as they “rarely or never use them.”

I would like to thank everybody who took the time to vote in this definitely complicated issue. And I welcome you to take your part in the next poll on MNO that will continue till the end of the week.

Many people wonder if the HYIP industry is still undergoing a crisis or is already on its way to recovery. Or is even fully recovered like many HYIP experts predicted would happen in September. Well, we are in the middle of the month now but all I can see is only very slightly increased interest in the biggest existing long-term programs while short-term programs are not in favor among the majority of MNO readers at all.

So I would like to know what you feel about the prospects for the HYIP industry at this particular moment. So the question will be this:
What is your current take on the HYIP industry?
The possible variants are:
1) I believe the HYIP industry has fully recovered and is on the rise now.
2) I feel that the recovery process is slowly taking place but it will take weeks or months to return to normal.
3) I think that HYIP industry is still in crisis and I’m not sure when it’s going to recover.
4) I suppose that it will never recover as the damage was too big to repair.

Thanks a lot for submitting your votes, guys, it’s much appreciated. I remind you that you can always find MNO polls and vote in them in the end of my left and right sidebars on my blog page. In addition, I have created today a thread on my forum where the results of the old polls will be posted for your interest and you can always refer to this thread here. So if you’re interested to find out more about the results of my previous polls click here to see them. You can also discuss the results of the polls in the appropriate threads on the MNO forum.

Here is the list of the programs that paid me for the last 48 hours and which you can find on my monitoring page:
CherryShares, FundsOMatic, MajesticMoney, OilStructure, Flamanta, VividTrade, UniteTrade, MutualTreaty, Vodapex, YesInvestment, EzProfit, SignalTraders, TradersPower, GroupUniversal, 144CashAds, RedOrchidInvest, OptimumPride, FiboTradePro, Forexica, OnyxInvClub and PawnShopFund.

A new program was added to MNO monitoring today and will hopefully be reviewed by tomorrow. It’s called FxTradingWorldwide. While not a very original name the program itself is not bad at all and the most important thing – it’s paying for five months already. I can see that the program has been listed on small monitoring sites all the time and I believe MNO will be the first popular site where the admin decided to advertise. FxTradingWorldwide is hosted on a DDoS protected dedicated server by Dragonara and is running off a licensed GoldCoders script. The two domain names are registered for ten years each and the site has SSL-protection for better security. FxTradingWorldwide only accepts LibertyReserve and PerfectMoney but compensates it by a large variety of plans where all the investors can choose the one he likes (the minimum to invest in some of the plans is just $1). The plans are: 1.5% for 7 business days, 1.6% for 15 business days, 1.75%-2% for 30 business days, 2.25%-2.5% for 60 business days, 2.75%-3% for 90 business days, 25% weekly for 2 weeks. The principal will be returned to your account on expiry and can be either reinvested or withdrawn. I will try to get into more detail tomorrow when I take a closer look at FxTradingWorldwide. Stay tuned for that!

That’s all for today everyone. Stay tuned and see you again tomorrow!