Nov 17th, 2010 Archives

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

Hi everybody! A fairly unusual investment program that caught my eye recently, and one you may have noticed on my monitoring page, is called Konstant. They’ve been operating for around two weeks now and have been paying successfully during that time so as they are a new addition to MNO I’d like to take a closer look at it before the day’s news update.

The reason I say Konstant looks unusual is that it’s a long term program but the payment set-up looks like that of a short term one. Maybe you could argue that it’s just a novelty but if it is then it worked – it certainly caught my attention anyway. I’ll try to explain it a bit better here.

Basically there’s just one investment plan available, so right from the start it’s a pretty easy choice to either join up or simply move on and look elsewhere. The plan runs for a term of 100 calendar days and will cost you a minimum deposit of $5 to join. There is no upper limit to how much you can spend. So far so good but it’s only when we get to the payment schedule that Konstant begins to look a little different to other long term programs. They make hourly payments. That’s right, every hour of every day for 100 consecutive days, Konstant will make an interest payment to your account which you can withdraw at anytime. Individual payments themselves are quite small and are only 0.2%. However over the course of the day they will add up to 24 such payments will add up to 4.8%, which I think we can agree is quite generous for a long term HYIP to offer. Your principal is already factored into the payments so will not be returned. Total return will be 480% of which 380% can be deemed pure profit.

So what happens if we invest let’s say $100 in Konstant? Well, the first thing is that you’ll receive your very first payment in not more than 60 minutes and which in this case will be for $0.20. An hour after that and you’ll get another $0.20 and so on for the plans duration. In this case it accumulates to $4.80 per day, $33.60 per week, allows you to break even sometime on day 21 (calculate the hour yourself!) and be in profit after that. The final earnings will come to $480, $380 of which are profit. All told that comes to a staggering 2400 interest payments for the duration of the term, but obviously as the overwhelming majority are not going to be more than just pennies there’s no need to keep hovering over your computer like a crazed insomniac for all that time! I’m sure once or twice a day will be sufficient for most people to withdraw.

LibertyReserve is Konstant‘s only accepted payment processor, but for a game like this I wouldn’t really mind that so much. Most of you will know full well what you are getting yourselves into here, so accept the risks as well as the payments. And as there’s a no refund policy then let it serve as a reminder to always play responsibly, ie gamble your beer money, not your grocery money, lol! But on the plus side payments are instant which I guess really does need to be an essential and central feature to a program like Konstant. Just log in to your account, make the request, and you should have the money in your e-currency account within minutes. And if you can’t wait then the script features a handy little timer at the top of the page that counts backwards to the time when the next payment is due.

Probably what I like most about Konstant is a combination of simplicity and originality. It’s everything you should get from a short term HYIP except it’s in a long term one. They are using a custom made very simple but very efficient script (one of their stronger features I think) which credits your account with your profits hourly and you can actually see your profits grow in real time. Konstant is hosted on a dedicated server by a Dutch hosting provider called Leaseweb. Customer support if you have any questions or support related issues can be contacted by either e-mailing them directly or by filling in your details on the form attached to the contacts page.

As for what exactly happens your money after you “invest”, well, you’re on your own there I’m afraid. There’s no real claims being made about Konstant being involved in any particular business, not that I wanted to see them anyway. There’s a short blurb on the home page where they call themselves a private members club, which to me means only one thing – an online HYIP game. Still, you guys all know why you’re in this business so as long as you accept that the fastest way to make money is also the fastest way to lose it then OK. The very novelty of the whole thing may be enough to draw in a fair number of new members to keep the thing rolling over for a while but do remember to play responsibly while enjoying it too.

DAILY NEWS FROM THE INDUSTRY.

Many programs experienced some serious downtime today making their members worry and look forward hopefully to a speedy return. At the time of writing the programs affected including – TerraProfits (reviewed here), YesInvestment (reviewed here) and GainBucks (reviewed here) are currently back online. The administration of TerraProfits which is paying 1.2% for 30 days, 1.5% for 60 days, 1.8% for 100 days and 2.1% for 150 days with principal back on expiry issued a newsletter outlining the reason for it (hosting provider issues) and promised that everything would be back to normal within the next 24 hours. Although it was said in the update from TerraProfits that the instant payouts were disabled I managed to receive my regular payout to PerfectMoney instantly to my account so I guess that they are on the way to a full recovery. This is the latest newsletter from TerraProfits:
Hello, our website was down for almost 24 hours due to harddrive failure at our hosting provider. Instant payouts are disabled for now to completely restore the database. We ask you to have patience, our website will soon be working normally and all earnings/withdrawals will be available in the account history. We deeply apologize for the inconvenience caused.
Regards, TerraProfits Administration
”.

And the second newsletter from TerraProfits will be a nice surprise for the members who will receive a cash compensation for the downtime in the form of an extra payout. That will be made due to technical reasons but still will be a good news from TerraProfits‘ investors:
Hello, We are not able to restore the payout history for the 16th of November, so if you already withdrew your earnings for the 16th of November, you will be able to withdraw them again. Consider it a bonus for unexpected outage. Deposits were added, instant payouts are available again and our website is up and running.
Regards, TerraProfits Administration
”.

For some reason there is no rating page on HourlyInstant anymore which was obviously hit hard by this failure from their hosting provider DdosWiz, also responsible for the downtime of the other sites named above. This is quite a bad sign as HourlyInstant used to be a very short-term HYIP with hourly payouts and so it’s highly unlikely it can continue its good work as usual. So due to the inability of DdoSWiz in handling these issues quickly we have now one good short-term program less. I will still leave HourlyInstant on hold for the next 24 hours although I think there is very slim chance of recovery since it was interrupted for such a long time. Anyway, I will let you know tomorrow if I have more news regarding them. For now the new investments into HourlyInstant are not recommended until further notice.

It looks like RedOrchidInvest (reviewed here) was not accessible today for some time either but this was not a hard drive failure on its hosting provider’s part but an extended DDoS attack on their site. That makes me think that some jealous competitors are behind it. Well, if you consider that RedOrchidInvest has been monitored by MNO for over 9 months and keeps paying on all the plans to LibertyReserve and PerfectMoney you will see that there is a reason for jealousy. The admin of the program Nathan (interviewed here) still didn’t get access to his account in the program so the withdrawal requests will take longer to be processed but in my opinion it’s ok. At least we can see an admin at work here. This is the latest news from RedOrchidInvest sent by Nathan just a few hours ago:
Dear members, we are fighting with Ddos attacks for a week, and today the attack overstepped our availability and our website was down for some time. The attacks continue even though not in full force. The site is back online, but we are unable to get into the administration and to the server. If we are able to block also this smaller attack, withdrawals will be processed normally, and if not we will process payments manually directly over the DB. This is a very slow process. Please be patient, and believe that we are doing everything in our power to clear this up.

I’m currently waiting to get my first withdrawal from RevenueBuild which is going to be reviewed on MNO tomorrow. Currently I’m awaiting the admin’s reply as I don’t quite understand why somebody would want to invest into a 110% after 5 days plan if the first plan paying 105% after 2 days and even the second one paying 107% after 3 days are much better. Anyway, I hope to get answers from him before the review of RevenueBuild is published and hope to get paid for my first withdrawal as well. Here is the latest short news from RevenueBuild taken from their website:
Updated Script for better use.
We have made minor corrections with the script which has smoothen our work. As we are in our starting stages, we request our members to bring any script glitch or any other website glitch to our notice. Feel free to use our Contact form or Live Support chat for that matter. We have just begun and certainly be here for a long haul !!

As you might know FelixFunds is currently running a contest on the MNO forum (click here to participate) where you can earn $5 to your LR account daily by simply answering simple questions connected to the program. But that’s not all – today the admin of FelixFunds announced a new big contest on the MNO forum for the best suggestion that will help improve the program. The entries are accepted here for the next two weeks and the winner will get a whopping cash prize of $100. I remind you that FelixFunds is a program that accepts AlertPay, LibertyReserve and PerfectMoney to 1.2%-2.3% per business day forever with the principal returned on request at any time. More on FelixFunds can be read in my review here or the exclusive interview with the program’s admin Felix published here. And this is the latest newsletter announcing the contest:
Hello. I’m glad to say hello to all MNO readers and also our members here. Some of our members gave us an idea and after consulting about it with Paul we decided to go ahead with it. We will launch today a new contest on MNO forum, sponsored by us. To participate in this contest all members need to suggest what they think would be better for us to improve our site and activity online. The best suggestion will be applied by us and the winner will also win a 100$ prize paid by Paul directly to his payment processor account. So this is not the usual MNO forum contest, it’s a new kind of contest that we are sponsoring for all Paul’s readers and our members. All members can participate in this contest (no matter if they are investors or free members) so anybody has a chance to win. The contest will start right now and will last for two weeks. We want to thank Paul for allowing us to launch this contest on his forum and for allowing us to sponsor it here. All suggestions must be posted in this thread, not on emails. Here is the link to the contest thread: http://money-news-online.com/forum/viewtopic.php?f=9&t=796&p=8691#p8691. Enjoy it and good luck everybody!
Regards, Felix
”.

Another program that is back with the daily cash contests on MNO forum is EarnPlaza (reviewed here). You can answer the questions daily in this thread and get a chance to earn $5 daily that will be given to the fastest and smartest contestant. Today, as you might have noticed, the website of EarnPlaza was offline briefly for a few minutes which was caused by some script issues which were quickly fixed by the program’s admin Matt (interviewed here). EarnPlaza is still paying well and I bet soon we will celebrate its second full month online which will be only a couple of days from now. For those who haven’t heard about the program I remind you EarnPlaza is the most popular short-term program now paying 110% after 5 days, 130% after 10 days and 160% after 15 days to three payment processors: AlertPay, PerfectMoney and LibertyReserve. Here is the latest short newsletter from Matt where he also mentioned the updated review of his program which was published on MNO a week ago:
Hello. I hope you had a great day. Not so many news today, but I think you have to know them. Today we have faced a problem with a script and site was offline for about 20-30 minutes. Anyway we have fixed problem really fast I really hope that this problem wont happen again. To be sure that it wont happen tomorrow we will make some script changes tomorrow, but don’t worry it won’t affect EarnPlaza website work at all. There wont be any downtime during a maintenance.
I would like to announce that a few days ago EarnPlaza has been reviewed again by Money-News-Online. Sorry guys that I didn’t inform on time about that, with all those daily works I have simply forgot about that. So here it is, feel free to check it:
http://money-news-online.com/blog/2010/11/11/11112010-earnplaza-updated-review-and-daily-news-from-the-industry/
Big thanks to Paul for his great review and support. I hope you all will enjoy it.
Well that’s all what I wanted to say, all payments processed as usual and see you very soon with more EarnPlaza news. Thank you for choosing EarnPlaza.
Best regards, Matt Powell
EarnPlaza Support
”.

The one and only biggest hater of EarnPlaza is undoubtedly the admin of RoboticInvest who is already well on the way of scamming. Tonight the admin blocked my account for no reason and didn’t reply as to why he did this. Although I suspect that it was because of my attempt to expose his nicely written lies on his website and especially by putting (stealing) my photo of Dalton house which I took in June 2009 and attached to the investigation of the programs’ locations article I published here. Well, yesterday I tried to check out the photo on ImageShack website and found it strange that it was removed due to a complaint (and now guess who made this complaint yesterday while the photo was totally safe for 17 months before that). Well, since I still have the original on my computer it didn’t take me long to upload the photo once again. And what the admin of RoboticInvest did you might ask – he put the photo on his site and photoshopped it a bit by putting some kind of stamp of RoboticInvest on it and the alleged date and time when it was taken. I wonder if he really was in Dalton house like he still states he is why it takes such an effort to put another photo of the office on his site and why he tried to steal the one taken by me. But wait… that’s not all. This is what I received today from the admin of RoboticInvest as an answer to my reasonable inquiry about the blocking of my account with his program (obviously he has cashflow issues now due to his own stupidity):
Go to hell you fat dirty Russian bastard.
I don’t see any photo on your blog that you claimed that we copied. Why don’t you give us the hyperlink for this supposed photo you apparently took? There is no evidence for this besides your word and if you cannot prove that link then it shows you have an agenda here to make sure your EarnPlaza program gets more cash.

Well, I guess this email speaks volumes and shows the true face of the admin. We can now add racism to his list of “qualities”. After this I find it intolerable to promote RoboticInvest anymore and so removed his banner and put his program to Problem status on MNO already. I would really suggest you not to invest into this program as its future doesn’t look too bright after all these lies. And he has nobody to blame for this except himself and his own stupidity. Not me, not the admin of EarnPlaza (who is also aware of yesterday’s hate mail as I forwarded it to him as well). Treating everybody as fools who can be fed any lies without asking any questions is not a welcome development in any program. Well, I believe MNO readers are not such gullible people and will see the real scammer behind the nice mask. I hope that investors who made deposits into RoboticInvest after reading the perfectly fair review on MNO will get their profits. Unfortunately, I can’t monitor RoboticInvest anymore nor can I recommend it due to the scamming nature of the admin. The program has been moved already to Problem status on MNO.

By the way, the recent ugly lies of RoboticInvest‘s admin brought an interesting question to mind which I believe will be great for the next MNO poll that will start tonight. The question I want to ask you is the following – Will you invest your money in a program if you knew the admin blatantly lied to you personally? The options are:
1) yes, as I never trust admins anyway and always make my own judgment
2) maybe, because I’m used to being lied to in HYIP industry
3) no, as I can’t tolerate an admin lying to his own members
I would like to express my gratitude to those participating in my polls and hope we will analyze the results next week.

The results of the most recent poll that was launched a week ago will be discussed below. The question was: What is your take on the coming Christmas period? Almost half of the voters (49%) believe that “we will see many short-term scams during this season which will take advantage on investors’ desire to make some fast easy money.” Well, I think that’s a reasonable assumption considering that usually before Christmas we see many short-term scams that are eager to make some fast money to for their celebrations. At the same time 28% of MNO readers are quite confident that “this period will not affect the industry significantly and most of the programs will survive.” This also shows a high level of positive thinkers and indicates the crisis is over and many people slowly recover faith in the ability to earn some money with HYIPs. The other variants were less popular and “I never pay much attention to Christmas time as it doesn’t affect my earnings with HYIPs” only got 9% of the votes. While 8% of people are quite skeptical and think that “most of the programs will collapse this Christmas and it will be the end of HYIP industry as we know it.” The less popular option only gained 5% was “I suppose more new opportunities will appear during the festive season than ever.” I would like to thank everybody who took part and hope you will like the new poll as well.

Here is the list of the programs that paid me for the last 24 hours:
EarnPlaza, MicroTechFund, CazaInvestment, GWDConline, YamaFinance, TetraMetals, ReProFinance, PandaTrade, OilStructure, FondosMayores, Konstant, FelixFunds, Flamanta, FenixTrust, OptimumPride, ECashBroker, AssetManagement, 144CashAds, CherryShares, MutualTreaty, InvestPlatforms, GloTrade, FutureTrails, PanwShopFund, InvGenerator, TerraProfits, RedOrchidInvest, FxEconomy and GainBucks.

That’s all for today, everyone. I will see you on MNO tomorrow with another review and more news from the HYIP industry! Stay tuned, guys!

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