Hi, guys! It looks like Black December is now in full swing as HYIPs started collapsing one after another caused in part by the so-called domino effect started by the closure of giants CherryShares and OilStructure. Today with a heavy heart I have to announce that GloTrade (which has been monitored on MNO for 105 days and received much praise from investors) started paying selectively and is perhaps on its last legs now. I would like to issue a warning about GloTrade because I received a confirmation today that one reader had not been paid to his AlertPay for the 15 day plan, his payment is two days overdue now but the most important thing is that the support of GloTrade simply ignore his emails regarding that. There cannot be a doubt about the fact that GloTrade intends to scam soon because my recent email to the admin with a request to explain the situation went unanswered and instead of getting a reply I noticed that the MNO monitoring logo had been already removed from GloTrade‘s rating page. This is definitely a huge warning sign for everybody who intended to invest money there and MNO was not the only monitoring to be removed so extreme caution is advised at the moment. In addition, I noticed a few complaints on public forums and somebody also pointed out that GloTrade‘s AlertPay account had been changed to a different one. All these signs usually don’t usually indicate any good and will probably mean that less and less monitoring sites will be left on the rating page of GloTrade with time. Please do not invest there anymore!

The administration of CazaInvestment sent out an official newsletter announcing its closure. Well, no refunds have been promised and the collapse of the program was explained by the unfinished recovery from their LR account getting hacked which allegedly happened a few days ago. So this newsletter actually stated what everybody already knew yesterday but now CazaInvestment can be moved to Not Paying status officially. It was strange for me to read that the admin expressed gratitude for the members of his program and wished them success in other ventures. However, his good will is under question now as CazaInvestment‘s site is still active and is still accepting deposits from unsuspecting members. I think that it would be a much more honest step from him to disable the deposits instead of sending the email which actually said nothing other than “game over, thanks for your support”. So please do not invest in CazaInvestment as it turned out to a scam already! Here is the farewell newsletter from the admin of the program Pally:
“Hello. Greetings to you today, It’s been a ride with CazaInvestment Inc, but it didn’t go as smoothly as everyone of you would have expected, but first I want to appreciate every member of CazaInvestment Inc, You were great, some of you were not just members but friends, we appreciate every bit of your support and trust.
The sad news is that CazaInvestment has finally come to an end, it’s a sad one which took us so much time to decide, we tried all we could to keep the program online after the hacking of our LR account but no way, in all we know a lot of members where in profit, for those of you who didn’t profit or lost we send our sincere apologies and wish you a great investment strive, Life isn’t fair but we need to always keep trying.
We appreciate you and wish you a wonderful stay in the online world.
Thanks, Pally Eppie”.

There is a huge warning sign spotted by me in regards to OnlineMoneyInvest and I would not recommend any further investments there at this point either. The thing is two new plans just have been added which are simply too good to be true: 222% after 1 day ($200 minimum to invest) and 222% after 12 hours ($500 minimum to invest). The announcement of the new plans by the admin of OnlineMoneyInvest strangely coincided with the switching off of the instant payouts for some reason. My current withdrawal to LR which was made tonight went to pending for the first time but according to the site’s rules I have to allow them up to 12 hours in order for my payout to be processed properly. But perhaps you know the drill for such games like OnlineMoneyInvest already – the addition of an unrealistic plan and switching off instant payouts just indicate cashflow issues and/or possible scamming intentions. In any case further investments in OnlineMoneyInvest are not recommended at this point and I will update their status on MNO within the next 12 hours. Please report to me if you also have pending withdrawals with OnlineMoneyInvest at this point so it could help me with determining the status of the program by then.

Ok, I think enough about the scams for today. The warnings have been issued already and now we can talk about some perfectly paying programs at the moment. One such program is Greenvestment which was reviewed on MNO 10 days ago (read the review here) and is offering three investment plans with daily payouts to LibertyReserve and PerfectMoney payment processors: 2% for 50 business days, 2.5% for 100 business days, and 3% for 150 business days with the option to withdraw your principal after a lock-in period which you can choose by yourself before investing in one of those plans. Advertising banners have been added for more efficient promotion and you can find them on the Promo Materials page in your account area in Greenvestment. As you might remember from my review Greenvestment is allegedly involved into some environmentally friendly investment projects and accordingly the admin decided to publish regular news regarding their frequent updates in the investment portfolios they are holding at the current time. Here is the latest short news regarding this (the whole news version can be read on the News section of the Greenvestment website):
“12/7/2010 – Portfolio updated
Every month we publish the top three companies in which the portfolio invests, measured by a percentage of total investments. Please take time to review our new portfolio as of Dec 7, 2010. https://greenvestment.biz/investments120710.php
Top Holdings as of 12/7/2010 (Updated monthly. Holdings are subject to change without notice.)
At any given time, the portfolio consists of ten to fifteen stocks that are carefully selected by Greenvestment specialists. This small number of stocks allows us to identify and invest in the best ideas for the long haul. Since the last report on 11/4/2010, we have exited from Genoil Inc and LDK Solar. Both positions were closed with a huge profit:
The stocks of Genoil Inc (OTCBB: GNOLF, TSX: GNO) brought us 178% of total Return on Investment (ROI) from Sep 29, 2010 to Nov 15, 2010 (the position’s open and close dates).
The stocks of LDK Solar Co. (NYSE: LDK) brought us 239% of total ROI from Jul 1, 2010 to Nov 10, 2010 (when the position was closed).”

There appears to have been a couple of technical bugs in the system of AllianceAdvantage recently, where a couple of readers have experienced difficulties in logging into their accounts. The program (reviewed here) seems to have been running smoothly for the majority of members, which is probably cold comfort to those who had the problem. Help is at hand however as I have been in contact with Jeff, the AllianceAdvantage admin, and he assures me he is aware of the issue and has already taken appropriate steps to remedy it. Seemingly everything is back to normal now. Here is a brief extract from the update he sent me about it earlier:
“For some reason there was a login issue for about 10 people. Most of them could login sometime and other times it would not let them. It seemed to be intermittent. For a few, they seem to to not be able to login. I made sure that I stayed in steady contact with each one of them updating that as it went along the whole time. This user has been given a blow-by-blow of the happenings the whole time and I sent quite a detailed update every time.
I will post my updates to him and the times I sent them as they are logged inside my support desk system. It sends them every update to their e-mail unless the goes into their junk folder which possibly could be. They can always log back into the support desk system to see if I have updated the ticket and he would’ve seen my entries as well.
I have been in touch several, several times to Block DoS, my support department and GoldCoders. It was a really hard problem to fix but GoldCoders got it today and I have not received one ticket since.”
Jeff went on to re-iterate that he is did his best to sort this matter out once and for all, and that there is no need to panic or start throwing threats around without first contacting AllianceAdvantage support, informing them of the details, and showing a little patience while they get on with the job. Of course it’s easy to understand people’s frustrations and their worries about these things, but jumping to the worst possible conclusion every time there is a technical glitch isn’t going to help matters. The accounts that experienced problems seem to have been re-set, but if you still have any questions then you are advised to contact support. I remind you that AllianceAdvantage, which offers terms of 1.7% for 50 days, 2.2%-2.4% for 60 days, and 2.5% for 90 days with your principal returned.

The administration of RedOrchidInvest which still holds #2 on the MNO monitoring page notified everybody about the possible inaccessibility of their website during the next few days. This is not their fault but their provider’s who sent them a prior warning regarding some maintenance which will be going on during the next few days and might make RedOrchidInvest site inaccessible at times. Please note that this might affect the payouts which otherwise may have been made much faster, so allow some extra time to get them to your LibertyReserve and PerfectMoney accounts. Here is the latest update from the admin of RedOrchidInvest (interviewed here) with the attached full email from their hosting provider showing the schedule for the maintenance and the expected windows for the possible downtime. So please take note of this when you try to access RedOrchidInvest during the next few days. Here is the latest newsletter from RedOrchidInvest (reviewed here) in full:
“Dear members, our hosting, Black Lotus is conducting some adjustments on their servers during December 7th through 11th. Even if we don’t count with any large delays, some happen anyway. All payments will be processed as soon as the website is back online. We are sorry for this unusual situation, not caused by us.
Regards, admins.
RedOrchidInvest team.
Please read the email from Black Lotus Hosting to us:
START: 05 DEC 2010
END: 11 DEC 2010
Total Service Impact: Varies depending on maintenance sub-window, see below.
Abstract: Black Lotus currently maintains critical infrastructure in two suites at 600 W. 7th St, Los Angeles, CA: Suite 420 (Peer1) and Suite 130 (TelX). Over the course of one week critical infrastructure and some equipment leased to customers will be consolidated into Suite 130. There will be downtime associated with this maintenance; the exact amount will vary from customer to customer with a total impact of 5 – 45 minutes per customer for the entire week.
This is a preliminary notice and there may be changes to the following timeline as we move closer to the maintenance window:
Chronology:
05 DEC 2010, 3PM – 10PM, U.S. Pacific: Engineers will be conducting edge router maintenance in order to add redundancy to the network infrastructure and reduce the possibility of failure. Significant service interruption during this window is not expected, although there may be isolated impact to a minority of customers.
06 DEC 2010, 11AM – 5PM, U.S. Pacific: Many cloud hosted services such as DDoS protection proxies and all LotusCloud VM instances will be offline during a physical equipment move within this window not expected to exceed 45 minutes.
07 DEC 2010, 8AM – 10PM U.S. Pacific: There will be a substantial amount of routing changes and physical relocation of edge routers and DDoS mitigation appliances. Significant service interruption during this window is not expected.
08 DEC 2010, 7AM – 5PM: Many customer leased servers will be relocated, resulting in a service impact not expected to exceed 45 minutes per server.
09 DEC 2010, 7AM – 5PM: Many customer leased servers will be relocated, resulting in a service impact not expected to exceed 45 minutes per server.
10 DEC 2010, 8AM – 10PM U.S. Pacific: This window is reserved for final routing changes, network testing, and quality assurance. Service impact is not expected at this time.
11 DEC 2010, 8AM – 10PM U.S. Pacific: This window is reserved for quality assurance and last minute changes. Service impact is not expected at this time.
Black Lotus Communications – AS32421
Network Operations”.

As you might have guessed not only RedOrchidInvest but a whole host of other websites carried by BlackLotus should be prepared to face this downtime as well. I wonder if the administration of BlackLotus is aware that such downtimes especially during the Christmas slow period can be dangerous for HYIPs and how they are going to compensate their clients for such inconvenience caused. Anyway, I hope that such downtimes will not be too frequent and will not affect the programs hosted by BlackLotus. Among them we can find also the increasingly popular FelixFunds (reviewed here) whose admin Felix issued a short update specially for MNO readers asking them not to worry and telling about the same maintenance from their hosting provider. Here is the latest from Felix, the admin of FelixFunds (interviewed here):
“Our site is down due to our host maintenance that they announced it also since last week. Hopefully within couple of hours it will be back online.”

I don’t know if those are the same problems facing Koddos right now or even if BlackLotus is affiliated with them in some way. Anyway, the program that has been added to MNO Premium list today MetalicFund is hosted by Koddos and was offline for me several times today. Anyway, now I can access it perfectly well and would be glad to give you some a description below. Ok, MetalicFund just started yesterday and it’s offering only two investment plans: 10% for 12 days (the minimum to invest in $50 and the principal is not returned on expiry) and 5% for 45 days (with the principal being returned on expiry and a smaller minimum of $10). The payouts from MetalicFund should be requested manually on a daily basis as the program is running off the ever popular licensed GoldCoders script. The thing I really like about them is the availability of all the popular payment processors at your disposal. You can invest in MetalicFund via AlertPay, LibertyReserve, PerfectMoney, SolidTrustPay and GlobalDigitalPay. More info on the program will be posted on MNO when I expect to receive the first daily payout from them. Stay tuned for that, guys!

In the end as usual I’d like to name the programs which paid me for the last 24 hours:
FelixFunds, OnlineMoneyInvest, AvatarSurf, FiboTradePro, LrPmBrokers, ProfitEu, RevenueBuild, XSeedFinance, OptimumPride, InvestPlatforms, MutualTreaty, FenixTrust, Konstant, PandaTrade, ReProFinance, TetraMetals, YamaFinance, 144CashAds, FondosMayores, UnicornInv, FutureTrails, AllianceAdvantage, GainBucks, YesInvestment, AssetManagement, FxEconomy and Greenvestment.

That’s all the news for today and I hope to see you all again tomorrow with the latest news from the industry and detailed review of MetalicFund. Stay tuned and stay with MNO! You know it makes sense!