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

Hi everybody! All looking forward to the weekend I trust! Anyway before we move on to all the day’s main news stories I want to look at one of the more promising long term HYI programs to launch in recent weeks. It’s called XSeedFinance and it started operating just last week meaning now is as good a time as any if you’re going to join in order to maximize your earning potential from it. While I can’t say that it’s 100% original in terms of the plans it has available XSeedFinance is still something of a rarity in the industry. It’s very neatly organized and well thought-out by its admin, who seems to be keeping an eye on how best to encourage members to stay with the program for as long a time as possible. I’ll get to that in a moment but we’ll start as usual with the most important thing most people want to hear about – the plans.

First of all XSeedFinance is what I’d call a perpetual program. In other words the plans have no expiry date. You need only join once, make one single deposit, and continue to earn for the full duration of the program’s life span. There’s a large number of investment plans available but basically they all come under one of two umbrellas – plans that pay you by the day and plans that pay you by the week. And for the sake of brevity that’s how I’m going to describe them for you here.

Starting with the daily payment options, you can join for as little as $5 and all interest payments are made on business days only so be clear about that before joining. You only get paid from Monday to Friday with the first payment coming on the following business day. But you also get paid for as long as you remain a member. Interest rates are worked out as follows:
For a $5 deposit and up to a maximum of $200 you will earn 1.5% per business day, (totaling 7.5% over a week).
Larger deposits between $201 and $500 earn you 1.75% per business day (8.75% per week).
Deposits from a $501 minimum to a $1000 maximum are paid 2% per business day (10% per week).
Amounts between $1,001 and $2,500 are offered 2.25% per business day (11.25% per week).
And then from $2,501 up to a $5,000 maximum you are offered the maximum rate of 2.5% per business day (12.5% per week).

I’ll get to a practical example of how that might work in a moment (it’s not as simple as it looks) but first I want to continue with the weekly payment plans. The plan is broken down into sections with investment figures more or less like the last one. In return however XSeedFinance will make just one payment to you every 7 days. Rates are only marginally more profitable than the daily plans, paying an extra 1% more over any 7 day period. Over the course of time it all adds up I suppose but it’s really up to you to decide which plan is more suitable. Daily payments obviously carry a reduced risk, but if you’re not too bothered about that and don’t feel like withdrawing every day then maybe you’ll like this one. Here’s how it works:
For a minimum investment of $5 up to a $200 maximum XSeedFinance are paying 8.5% interest once per week.
Spend between $201 and $500 and they are offering you 9.75% per week.
For deposits of $501 up to a maximum of $1,000 you can earn 11% interest weekly.
From $1,001 to $2,500 earns 12.25% per week.
And finally anyone brave enough to part company with amounts from $2,501 up to the maximum allowed $5,000 will earn the highest rate offered by XSeedFinance of 13.5% per week.

It all looks pretty simple so far, right? Well now comes the tricky part – how to calculate how much you can earn. The thing about XSeedFinance is that while the plans themselves have no expiry date, you are free to withdraw your principal and leave the program at any time. Any time after a 25 day lock-in period that is. There are some pretty hefty fees attached to requesting your principal if you want to leave too early, but wait around a bit longer and the fee comes down substantially. So if you wish to leave immediately after the 25 day lock-in period the fee will be a whopping 80%. However it drops by a significant percentage every 25 days after that. The full list of fees are as follows:
From 25-49 calendar days – 80% is charged.
From 50-74 calendar days – 70% is charged.
From 75-99 calendar days – 60% is charged.
From 100-124 calendar days – 40% is charged.
From 125-149 calendar days – 20% is charged.
If you withdraw your principal anytime on or after 150 calendar days there are no applicable fees and your principal is returned in full.

So now it’s a question of just doing some simple calculations to determine just how fast you can achieve whatever it is that you are looking to get from the program. Obviously the more you spend the more you earn, which means you break even a lot faster. Of course it also means risking more cash. But let’s for the sake of at least taking one theoretical example say that you put $100 into the first 1.5% per business day plan. Do that and you will have to stay a member of XSeedFinance for a minimum of 50 business days – 10 weeks – in order to break even. That’s how long it will take you to earn $75 in interest payments and then claim back 30% ($30) from your principal. Anything less than that and you lose money.

The variations you can make here are almost infinite and as I said will also be determined by the rate of interest you earn. So just decide what your goal is (50% profit, double your money, etc, etc) and plan around it from there. Personally as regular readers will know I always stay in these no expiry programs until the bitter end and it’s more often than not a strategy that has worked well for me. I’m not saying it’s guaranteed to be the most profitable course of action every time, but it’s what I like to do. You go with your own plan.

While some might term the lack of payment options a disadvantage to XSeedFinance who only accept payments through LibertyReserve and PerfectMoney (it’s certainly not an advantage anyway) there are some good points. The main one being that there is no withdrawal process as such. No need to request anything as the payments are made directly into your e-currency account according to the schedule from your chosen plan, ie daily or weekly. So all you need to do is deposit once and sit back and forget about it. Except to check your LR and PM accounts to make sure the payment was actually made that is. When joining the program just click on the “Invest Now” tab, enter your name, specify an email address where you will get a confirmation email confirming your investment with the program, choose a desired plan, amount to invest and payment processor from where you will want to deposit.

Other than that there’s a lot to like about the plans. They’re mostly affordable to as large a number of investors as is realistically possible. Sure, $2,501 is a lot of money to spend in order to get the maximum interest rate but similar programs would ask for $25,000 and no doubt disappear the instant somebody deposits it (unlikely as that is to actually happen). But also for the most part they are not paying out excessive payments that can’t be sustained in the long run either. Their sliding scale of principal withdrawal fees is also an inspired move I think as this is what will really keep the members staying put for the long haul. On one hand it punishes anyone leaving early but then on the other hand rewards everyone in the form of extra payments for staying.

The site of XSeedFinance is fully SSL secured, and is hosted on a dedicated server from one of the industry leaders in DDoS protection – Dragonara. There isn’t really a script as such which I know some people don’t like due to there not being a member’s area. But there’s nothing in a member’s area anyway that you can’t (and should always) keep a hand written record of, and as well as that there’s nothing there for hackers to break into. If you have any questions about that or anything else connected with the program then you can either mail the admin directly or else fill out the support form on the contacts page. There is an online Live Chat function on the XSeedFinance website though nothing to indicate if it ever gets used. Support operators can however be found active on the main HYIP related forums.

Texts aren’t entirely original. I mean they’re not just lazily copy/pasted from other HYIPs but they do borrow heavily from other sources. A lot is paraphrased and re-written but the information relating to the actual alleged business interests of the program can be found elsewhere and says more or less the very same thing and is obviously plagiarized. I rarely pay much attention anyway, but on the plus side at least some stab at originality was attempted. Even if I suggest you ignore the claims about XSeedFinance being involved with what they call arbitrage trading and treat them as you would any other online HYIP. And to their credit they do an excellent job of explaining the nuances of the program and of how the whole thing works.

All told XSeedFinance is quite an interesting project and a promising one at that. December will tell a lot about their long term prospects in the industry though they certainly deserve to be a hit. Whether or not that happens is a whole other story and something dependent on the support of the wider online community, an unpredictable factor at the moment. But as a long term project built on slow growth and dependable payouts it could well be worth your while getting in now with a basic and affordable deposit because you are allowed add to it later if you wish. And when the market balances out in January XSeedFinance has every chance of becoming a hit. But do stay within your spending limits please, and always use every new investment you make as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

As usual we’ll try to start with some positive news from the HYIP industry. The admin of AllianceAdvantage Jeff announced that his website would be under some scheduled maintenance for approximately an hour today. Knowing that AllianceAdvantage is hosted on BlockDos servers I would not expect anything out of the ordinary and would anticipate the website to returning to normal after the shortest possible interruption. Using this opportunity he also included in the newsletter a reminder about the currently running deposit bonus which will be available for only the first 50 members and there are still some spots remaining for those who want to take advantage. Jeff also reminded that their support site is located on a different server and so it would have been available all the time, even if the main site is under maintenance. Well, to tell you the truth, guys, I didn’t experience any downtime today and even if the site of AllianceAdvantage was unavailable I didn’t notice. The payments were also processed fast as usual, so I guess everything is fine. Of course I appreciate that the admin keeps the members updated and gives us all the news about the program. That really shows his dedication and hopefully AllianceAdvantage will be able to survive this unstable Christmas season and will stay with us in 2011 as one of the new leaders of the industry. AllianceAdvantage accepts LibertyReserve, PerfectMoney and AlertPay into the following plans: 1.7% for 50 days, 2.2%-2.4% for 60 days, 2.5% for 90 days (principal returned back on expiry). More about the program can be read in my detailed review of AllianceAdvantage published here. This is the latest newsletter from them:
“*Maintenance Announcement*
Our datacenter contacted us this evening requesting access to our server to do a memory test and then when that is done they would like to swap our memory RAM out. Swapping the memory will take about 30 minutes to a maximum 1 hour of downtime. They asked me what time I would like to have it done and so I told them around 2:00 AM would probably be the best time. No time is really the best time for a website to have to be down but I realize these things are necessary.
If you try to access our website between 2:00 AM and 3:00 AM Central Time this morning (about 3.5 hours from now), you may find it inaccessible and so I wanted to send this e-mail out to let you know in advance.
There are no problems to be anticipated and they also anticipate the website to be up and running very fast. BlockDos is a very reliable provider and I trust them 100% so there is no need for worry.
I am glad to see that there are quite a few members that decided to take advantage of our special this week. If any of you are thinking that you would like to take advantage of that special, please do it sooner rather than later as I would like to see everybody that wants it to be able to get it. They are not all gone and there is still some room for people to get them but typically, after they are gone there will be people that will wish they would have done it. And it is a great way to get even further ahead of the game and to be in profit faster. Don’t miss out on it if you can afford to do it.
AllianceAdvantage is taking off really well and as we had planned. Member withdrawals have all been paid and have been done usually within an hour unless they are made really late at night. We are planning to keep everything as they are as everybody is happy.
We have had 6 new banners made up and are in the process of having them placed on our banners page. We are going to replace the old banners with the new banners, so feel free to switch out the old ones with the new ones.
As I am not expecting any issues, you probably will not hear anything more from me about the maintenance scheduled. If something would happen, I will e-mail all of you right away and remember that our support desk is hosted on a different website and server, so if the website is ever down, we can still communicate.
Have a good evening (or day depending on where you are from) and thank you for your understanding in this matter!
Best Regards, Jeff. AllianceAdvantage”.

I forgot to report that the admin of AssetManagement added a support phone in India a few days ago. That phone number you can use in addition to the already available Danish and American numbers is only one of many points of contact which you can utilize to contact the administration of the program:
“India Support Telephone
We have added new support phone number for Indian community. If you have any questions regarding our services or problems with investing, please call.”
If you forget I’ll remind you that AssetManagement is a program monitored by MNO for over a month already and is paying 1.3%-1.5% for 365 days with the interest credited on business days only and paid to your LibertyReserve or PerfectMoney accounts. More about AssetManagement can be read in my detailed review of the program published here.

The admin of one of the longest running programs now – RedOrchidInvest – Nathan (interviewed here) came up with a new idea of giving huge incentives to the members willing and capable of promoting RedOrchidInvest to their friends. There is no need to invest into the program at all to get 5% ref commissions from your downlines and in addition a whopping $10,000 bonus was promised to every referrer who will be able to attract deposits of not less than $30K during a period of 100 business days. Well, I’m not sure if RedOrchidInvest is still going to be with us after another four months to take advantage of the offered promotional offer but so far the program is doing fine after over a year online. So I hope it will be able to survive Black December by paying to LibertyReserve and PerfectMoney on the following plans: 10% for 11 days, 2.125% for 48 hours, 1.2% for 83 days + principal back, 6% for 1 week + principal back, 1.5% for 66 days + principal back, 1.8%-5% daily until you reach 300%, 1.5%-5% daily until you reach 300%, 2.2%-5% daily until you reach 300%, 3%-5% daily until you reach 400%, 5% for 100 days. There is really a huge variety of plans available in RedOrchidInvest and to read more about them I suggest you to take a look at my review of the program published here. This is the latest newsletter from the admin received today:
“How to make up to $4000 per month, without investing your own money?
Dear members, we have prepared a winning affiliate program for you. Each one of you can earn money, even without investing any of your own, and even collect a bonus of $ 10,000!
How does it work?
1. register with us
2. you can, but don’t have to invest with us
3.copy your referral link, for example: https://www.redoinvest.com/rdi/?ref=xxxxx1 you can find your referral link in the Referral Center, and there you also can find your active downlines
4. Contact your friends and relatives and invite them to take part in our program, per email, skype, ICQ and other. Please don’t forget to attach your referral link to the message. If have your own website or blog, you can use one of our banners.
How to make money in our affiliate Program?
1. for each of your referred deposit, you will receive immediately 5% of the deposited amount, eg. deposit $100, you get immediately $5 credited to your account
2.If you reach a minimum of 30 active downlines and the sum is a minimum of $30.000 by you referred deposits in a time period of 100 business days, you will automatically receive a referral commission of min. $1,500 and also a bonus for a successful cooperation, in the amount of $10,000.
Nathan”.

Please note that the withdrawals from EzProfit are back to normal today and all the pendings to the daily plan have been paid today as per their update:
“Email reply will be delayed and withdrawal payment may not available on 2 Dec 2010 as we are upgrading our system. Withdrawal payment will be back to normal on 3 Dec 2010.”
Of course, you shouldn’t forget that those people who invested in various on expiry plans in EzProfit have been scammed / waiting for imaginary Debit cards to be mailed to them. So any investments in EzProfit are not recommended and to read more about their scamming tactics you can refer to my detailed article published here.

Unfortunately I had to move CherryShares to Waiting status on my monitor today as the withdrawals to LibertyReserve have been pending now for over 72 hours which is outside their terms. Unfortunate, but I can’t say I didn’t see it coming. This is already the third major delay in payouts to LibertyReserve in the last two weeks and I believe even the biggest optimists will now think twice before putting any money in CherryShares at this point. I would suggest you make your withdrawals to AlertPay where there is a much higher chance of receiving a payment now. Obviously, the funding excuse offered by CherryShares administration so many times already cannot be considered viable anymore as we can see so many exchangers that can fund your LibertyReserve accounts with thousands of dollars at once that it’s simply hilarious that they cannot do it again. It is clear to me that almost everybody is withdrawing money from CherryShares at this point and as you know unstable market conditions at this time of year will not do anything to reverse this trend either. So please be careful and do not invest at this point even if you get your payments properly to AlertPay. If the payments to LibertyReserve don’t resume tomorrow (and I highly doubt they will!) there will be almost no chances the program can survive. Well, the first delays were already a huge warning sign and the inability (unwillingness?) of the admin to issue at least one official newsletter during this difficult period that could possibly restore investor confidence in the program didn’t add much enthusiasm to a membership that is clearly jumping the big sinking ship that is CherryShares now. Please be careful!

I would also like to give you a heads-up regarding CazaInvestment (reviewed here). Although the program still remains on Paying status on MNO (since the payments are still processed within the 48 hour promised timeframe) I already received complaints about 24+ hour payout delays to AlertPay. One of my referrals in CazaInvestment reported that he was paid the latest withdrawal request to AlertPay today while (surprise surprise!) his older much larger request is still on pending status. I hope that he will tell me tomorrow that he has been paid and only under that condition can I leave CazaInvestment status as Paying on MNO. Please hold off on making new deposits into the program till tomorrow when I will report on the latest developments there. I do want to be fair to the admin here too though, as he hasn’t really let us down in the past and has always managed to sort out problems one way or another in investors’ favor. He contacted me just a little earlier, assured me that he will have everything cleared up within 24 hours, and will issue a general news update later tonight. I’ll give him the benefit of the doubt for now but the fact remains that he still needs to deal with the existing issue before I would recommend new deposits.

Apologies for some bugs in the newly added MNO chat last night. I was unaware that the history of the messages was not displayed to members when they sign in. There were a few other hiccups like its incompatibility with the Opera browser, some ads shown, and I’m currently waiting for a reply from their customer support. I hope that they will fix it soon, otherwise I will will migrate to another chat later and just leave this one as a temporary solution for now. For better usage of that for now do not log out of the chat while you are online, and therefore you will be able to see all the submitted messages. Thanks for staying with me and I hope you understand that I simply couldn’t leave the Shoutbox on my site anymore as its uses are limited.

In you like my blog and what it delivers please do not forget to support it by voting for me in the ongoing vote to name The best e-commerce blog of 2010. Last year MNO won this title from EcommerceJournal for the first time and this year I hope to repeat this achievement, of course with your help, guys. So please do not forget to submit your votes for MNO here. Thanks in advance for your support, everyone!

By the way, the poll which has been running for the last week is over now so it’s time to draw the results. The theme for the last poll was the role played by the presence (or absence) of AlertPay as a payment option in deciding to join a program or not. As expected, investors are becoming smarter now and are shifting to safer programs that accept AlertPay. I think it’s time for the admins of HYIPs to think about how many investors they would miss if they refuse to add them as a payment processor.
50% of those participating in the poll will not even consider investing in an HYIP that doesn’t accept AlertPay. Their answer was: “No, as I believe that an admin who doesn’t accept AlertPay cannot be treated seriously.”
28% of voters look mostly at other factors when deciding to invest in a program and their answer was: “I don’t know, it will depend on the overall quality of the program.”
Finally, the least popular answer that was only supported by 22% was: “Yes, as I believe AlertPay is not a compulsory option for HYIP admins.”

This poll proves once again that although for obvious reasons AlertPay is not a favorite option of HYIP admins it’s a definite favorite among serious investors. So if a program wants to be taken seriously and have the appearance of quality the admin needs to add them. Otherwise his program is less attractive to many investors smart enough to dismiss their wild stories of multimillion stock deals and fish farms – mistakes widely made by HYIP investors and which I try to debunk in my MNOFriday articles.

By the way, there were many questions raised by newer readers regarding “Black December” recently and so I decided to write a few words on my blog about that and publish it tomorrow which I think will be of interest not only for newbies but also for the experienced HYIP players too. I will also share my current take on the HYIP industry and we’ll try to make some predictions for the coming new year.

The idea for the new poll came to me when reflecting on what I’m going to discuss on MNO tomorrow. So I would like to know your opinion and investment plans for the so-called Black December – a period widely regarded as the most dangerous of the year by many seasoned investors and marked traditionally by many closures of low-ROI programs along with short term scams popping up out of nowhere and rarely completing more than one investment cycle. But do you really believe in this chain of unfortunate events and what will be your investment strategy during it? That will be the question for my next poll which will be held on MNO during the whole of next week. Here are the options which you will find in the very end of my right sidebar on MNO (thanks for the voting!):
“1) I will skip this month completely and will not invest in any HYIPs until the new year.
2) It’s a dangerous period and I know it so will keep my investments to an affordable minimum.
3) I will still try to make some money in HYIPs during December because I need some easy money for Christmas.
4) I will be investing as usual as I don’t believe December is always bad. There is still a lot of opportunities there.
5) I will be investing in the programs that have a better chance to survive Christmas and stay in 2011 as I believe I can make more money this way.”

The programs that paid me during the last 24 hours are all listed below:
OnlineMoneyInvest, ProfitEu, RevenueBuild, TerraProfits, ECashBroker, XSeedFinance, Konstant, MutualTreaty, PandaTrade, ReProFinance, TetraMetals, YamaFinance, CazaInvestment, AllianceAdvantage, FelixFunds, Greenvestment, FutureTrails, FondosMayores, InvestPlatforms, 144CashAds, RussianOilFund, AvatarSurf, AssetManagement, GloTrade, YesInvestment, OptimumPride, UnicornInv, GainBucks, FiboTradePro and Finansima (the first ref comms received).

I hope to see you all on my blog tomorrow with the latest news and updates from the HYIP industry and another issue of MNOFridays (yes, even if it’s Saturday!) Stay tuned and have a nice weekend, everybody!