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

Hi all! I hope you’ve all had a good weekend so far. It’s turned out to be a little busier than I expected for myself with a good number of new investment programs being added to the MNO Premium list on MNO this weekend. I’ll be getting around to them over the coming few days but the one I’m going to start with is one called EliteAlliance, a short to medium term program that’s been online since mid-January.

It’s an interesting program and probably very different in appearance than anything else you might be used to seeing. Some of you may even find it a little tricky to navigate at first but don’t worry about that for now. I’ll go through the basics of the program first and then describe the signing up process. First things first however so before we can go any further you should note that you can’t just enter the EliteAlliance website and look around to see if you like it or not. You’re going to need an invitation from an existing member. That’s OK though as you won’t need to ask. Once you click on the “EliteAlliance” ref link the invitation code will appear by default and you can just proceed from there. Go ahead and try it now before reading any further to see what I mean.

So now that you know how to get past the home page and explore the website, let’s see the investment plans available. To start with there’s a wide variety there, but they all pay on expiry making the longer term plans a bit, well, I won’t say less attractive because the return is quite generous but maybe more suitable to smaller investments. Or at least join the longer term plans on a “sliding scale” basis, putting a bigger slice of your principal into the shorter term ones first. Mind you all plans are extremely affordable so in terms of taking a risk, financially speaking it doesn’t have to be that big.

EliteAlliance‘s first plan runs for 7 calendar days and will cost you a $10 minimum if you want to join. The interest rate being offered is 11% which is paid as part of a single lump-sum payment that includes your principal at the end of the term. So in other words the total return is 111%, ie invest $100 and get back $111 seven days later. You can spend pretty much anything you want here, with the maximum investment set to $25,000.

For the same size investment, ie between a $10 minimum and a $25,000 maximum EliteAlliance‘s next plan runs for 14 calendar days. It makes one single payment of 125% interest on expiry. That includes your principal so the profit this time is 25%. So if we say you invest $100 that’s $125 back on expiry. Slightly better than joining the 7 day plan twice, but enough to justify the extra risk? That’s your own decision.

The third plan runs for a term lasting one month and is also available to investors with a minimum of $10 to spare. Payment is again made only on expiry and will include your initial deposit as part of it. The final payment is 160% of your principal, or 60% profit. In other words for a $100 deposit here you would be hoping for $160 back at the end. Maximum spend if $25,000.

The last plan runs for a term of two months. Whatever about the previous plan, EliteAlliance may be testing the faith of even most trusting HYIP players with this one due to the fact that only one payment is offered on expiry. Two months might be more acceptable if for example daily payments were offered, and even if they offered a much lower rate than they do would probably still get a lot more members than they will with just one on expiry payment. On the other hand it still only costs $10 to join so in financial terms the risk only needs to be minimal unless you decide to make it otherwise. The final return on your investment will come to 260% this time, again including your principal. So for a $100 spend the return being offered is $260. EliteAlliance‘s maximum deposit in this plan is still $25,000.

You should remember that (because of the script) in order to make a deposit with EliteAlliance you will have to deposit money into your account first and then afterwards invest in the plan of your choice by redirecting your money from there. The list of payment processors being used by EliteAlliance is as good as any around at the moment. As well as the usual admin favorites like LibertyReserve and PerfectMoney, they also have a selection of verified accounts including AlertPay and an all too rare appearance of SolidTrustPay, who as well as having a more rigorous verification policy will also be a welcome sight for those who own one of their debit cards. Withdrawals are processed generally within 48 hours of submitting a request. Please note that the minimum withdrawal to all payment processors is $10.

Getting back to the script that I just mentioned above, it’s a customized version of the ShadowScript, which may not be the first name that comes to most people’s minds but it’s one that’s been proven to be very safe and used to great effect by others in the HYIP arena, including GNI in the past. It may throw you off a bit at first due to it not quite looking like any of the regular generic scripts one usually finds in the online investments industry, but trust me, it’s worth it. I have yet to hear of any serious security breaches involving them. Not that it guarantees the security of your investment of course, that’s still a high risk activity. Hosting is on a dedicated server from Staminus, also the and EliteAlliance are fully SSL encoded for safer browsing and more secure transactions.

In addition to the invitation code necessary for new members (which as I said appears automatically when you click the MNO link anyway) there are some interesting features within the members area. One even includes the ability to export your activity to a PDF file and generate an account statement for yourself if you want to keep records like that. Another is the security log where you can track the time and date of every time your account in EliteAlliance was accessed, as well as from what IP address. Other than that the website has quite a decent layout and easy enough to navigate once you get past the original homepage. Any questions for the admin can be sent to him by creating a support ticket on the page given over to that.

Despite the claim that EliteAlliance have been in business for some nine years now, there was no mention of them on any of the major forums before three weeks ago. And if they really have been around that long, well they seem to have been doing so without a functioning website because as far as I can see it was only created in December. They do claim to have existed as a private members only club, but surely still an impossible task for any finance related business in this day and age. Anyway, you believe what you like. For what it’s worth the business activities of EliteAlliance are still not clearly explained, and never really elaborate on describing themselves as “investors”. So to most of us that’s going to mean it’s a high risk online HYIP and is to be treated as such. So as ever stay within sensible spending guidelines, if going for the higher risk plans remember to spread your investment out a bit with the lower risk ones getting the bigger piece, and of course just like any other HYIP EliteAlliance is perhaps most effective as part of a wider and more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

Let’s start today’s news with the most recent updates from ExtraIncome (reviewed here). As you might know from my blog already, last night the program was unavailable due to some technical updates being installed. Well, according to the admin this could take up to 12 hours but just before going to bed last night I already noticed that they were back online and all my details were correct and not affected. However in the last newsletter from ExtraIncome the admin Phil (interviewed here) asks members to double-check their accounts just to make sure everything is correct with your payment processor details due to the instant withdrawal system that’s due to be implemented within the next day or two. Yes, you got it right! Soon all the payouts made to AlertPay, LibertyReserve and PerfectMoney requested from their plans (120% after 5 days, 145% after 10 days, and 170% after 15 days) will be processed instantly. Of course first the system should be thoroughly tested because all payouts must be secure and this is where the more secure hosting from Dragonara will help. ExtraIncome has switched to its servers already and I hope this will add more security to members’ accounts and will help the program handle instant payouts. Way to go, ExtraIncome! Here is the latest news from them:
“Dear Members,
This is a very important newsletter, and so all members should read this newsletter very carefully.
As we had mentioned in our last newsletter, we are in the process of adding new features for ExtraIncome. We have already added phone support like we promised in the last newsletter, and the details of it can be found on the support page of our website.
Our next move is to make our withdrawal system instant, so that you will not have to wait for your withdrawal requests to be processed anymore. You will have your money in your payment processor account, right after you submit the withdrawal request. But for this, we need to take certain security measures, for the safe operation of instant withdrawal system.
As a prerequisite to it, we have moved our website to from our old hosting provider DDoSWiz, to a much more secure and safe server from Dragonara. In order to add the instant withdrawal feature, we need to back up our database. So we require every member of ExtraIncome, to log in to your respective account right now, and double check if all the details, especially your email, password and the e-currency specific details, in your account are correct. If there is anything wrong in the details, please contact us as soon as possible, and let us know of it, so that we can correct it in the earliest time possible. If you have earnings in your account balance, please request for it only if all the details are correct. Otherwise, you should contact us, to ask us to make the required changes. This is for your own account security.
The instant withdrawal feature will be put into operation within 24 – 36 hours from now, but will be in beta testing mode, and will be made fully functional once we make sure that there are no problems associated with the system.
So please go through the procedures that we asked you to do.
Best Regards, Phil Whitaker. ExtraIncome”.

The admin of MidasGoldFund Warren announced the contest in which five active participants willing to share screenshots containing payment proofs of their successful withdrawals will have the opportunity to win a $50 cash prize to their account. An additional prize of $100 will go to a lucky member randomly chosen by the admin who uploads a payment screenshot on MidasGoldFund‘s Facebook page within the next few days. So the total prize fund is $350 and everybody has a chance to win. You have to simply deposit any amount starting from $10 in the plan offering 1.7%-2.7% for 30 days with the principal returned on expiry via AlertPay, LibertyReserve or PerfectMoney and start posting your screenshots on the forums the full list of which was posted by the admin in the latest newsletter. So here is the latest from MidasGoldFund (reviewed here):
“MidasGoldFund announces its Post Payout Contest! Post your payout proof on participating forums and enter for a chance to win $50 into your MidasGoldFund account.
Each day post your payout proof on the forums we have selected to be part of this contest. Every post on each forum counts as a single entry. Post on every participating forum for multiple entries. Five winners will be chosen to win $50 each into their MidasGoldFund account.
All entries posted on the below participating forums are counted. Post daily to every forum for better chances of winning.
How to Enter:
Take an image screenshot each day of your daily MidasGoldFund payout in your e-currency account and post it in all the threads below.
The deadline to post entries is February 13th, 2011 11:59PM EST. Winners will be chosen randomly and announced on February 14th, 2011.
BONUS: 1 Grand Prize of $100 will be awarded to a randomly chosen user who uploads their payout screenshot images to our Facebook page. Add to your chances of winning a prize by uploading your screenshot payout proof images daily to our Facebook page.
Upload your payout screenshot proof on our Facebook to be in the running for the Grand Prize of $100.
MidasGoldFund Facebook Page: http://www.facebook.com/pages/Midas-Gold-Fund/196345023708882
Participating Forums for MidasGoldFund Post Payout Contest:
http://www.moneymakergroup.com/Midas-Gold-Fund-Midasgo-t368311.html
http://www.talkgold.com/forum/showthread.php?t=318925
http://www.rolclub.com/current-hyips-discussion/107483-midasgoldfund-midasgoldfund-com-4.html
http://www.moneyearningforum.com/forum/showthread.php?t=18179
http://www.carigold.com/portal/forums/showthread.php?p=8594143
http://www.moneyshareforum.com/index.php?showtopic=12339
http://www.myhyip.com/forum/showthread.php?p=238429
http://www.dreamteammoney.com/index.php?showtopic=116178
http://topgoldforum.com/topic/5876-midasgoldfund-midasgoldfundcom/
http://www.cashfindforum.com/forum/hyip-high-yield-investment-program/11995-midas-gold-fund-midasgoldfund-com.html
http://goldentalk.com/t53712.html
http://www.hyipexplorer.com/member/showthread.php?t=17942
Sincerely, Warren Lincoln
President. MidasGoldFund”.

Please be aware that Finansima is delaying payouts for over 48 hours so I had to move them to Waiting status on my monitor. If I don’t get a reply or payment from the admin by tomorrow I will have no choice but to move it to Not Paying status. I have also one report from a reader and investor in Finansima stating that he wasn’t paid for over 72 hours. Considering it’s Sunday now I will give them the benefit of the doubt in this matter and will wait till tomorrow before moving it to Not Paid status on MNO. I will keep you updated if the situation changes by tomorrow but for now no further investments in Finansima are recommended!

Sometimes real wonders occur in this business and programs I used to write off completely from my list due to the inaccessibility of their websites and the silence on the admin’s part return and resume payouts. One rare case just happened today with ECashBroker which came back online after an extended downtime and paid all my pending cashouts. Although I haven’t received any explanation from the admin since the payouts started again I have no reason to leave ECashBroker in Not Paying status anymore. So it has been moved back to Paying status on MNO already. ECashBroker recently changed their investment plans which were first described in my detailed review of the program published here and currently pays on three investment plans accepting LibertyReserve and PerfectMoney – 1% for 30 business days, 1.3% for 60 business days, and 1.8% for 100 business days. Please tell me if you’re a member of the program and if you got paid or not so as to confirm that ECashBroker is in good standing again.

It looks to me like the admin of the recently demised DollarCommerce is really serious about bringing another program (or a renewed version of the older one) to the former members and of course he’s trying his best to make it more sustainable than DollarCommerce. Or at least he’s trying to persuade everybody that he has such intentions. You can believe it or not and it’s totally up to you if you’re going to join a new version of DollarCommerce. MNO blog will be monitoring it only if the admin asks for it, but I do appreciate that he makes another honest attempt to differentiate between good programs like DollarCommerce which lasted for 52 days and short-term scams which barely survive one or two cycles online. In yet another newsletter Chris of DollarCommerce shares some basics from the HYIP industry and outlines some future plans for his new program which will apparently start pretty soon:
“Hello, Christopher Baker here. I would like to keep you updated on regular basis even when DollarCommerce is being closed for the business. Please read this message fully to understand the whole situation and what makes DollarCommerce actually different from the rest programs.
First I would like tell you that DollarCommerce doesn’t have an Refund Policy or whatsoever. It was also mentioned in our Terms of Service. Please understand that every high yield investment program has it’s risks involved and so had DollarCommerce. However, there’s one important difference this time. Members who joined DollarCommerce at the early stage made huge profits and they are satisfied with the service. Sincerely speaking DollarCommerce was definitely on of the most successful short-term HYIP for a while. Unfortunately it didn’t receive as much support as required in it’s latest days. Gambling has winners and some losers, this is how HYIP also works and you should always treat them like that.
Please note that whole funds were sent out for pending withdrawals and there were no more remaining to continue processing them. As mentioned on my last e-mail, I am already working on a new program that will be actually an DollarCommerce continued version. It will have more reasonable limited maximum deposit amounts so it should be more sustainable in the long term.
You should note that 99.99% of admins usually do not communicate with it’s members when the program is already closed. This is not what I stand for, I want to have long lasting relationship with you all and to improve the general situation in the HYIP market.
Yours Sincerely, Christopher Baker”.

Well, I think Chris of DollarCommerce really thinks exactly like Chris of SureFireSurf – another huge hit that closed a week ago. At first I believed that the email I received from SureFireSurf today was a phishing one and I even found it in my Junk folder of my Gmail account today because it was sent from an unknown address surefiresurf@gmail.com entitled “SureFireSurf and Beyond – Final Newsletter”. But then I checked out the official MMG thread and discovered that Chris was planning to send an update today so I guess it’s genuine. In it, which is the first since their unfortunate demise after three months, Chris explained the reasons why he had to close his program and didn’t continue with a modified set of plans as suggested by some of his members. At the same time, Chris admitted that he hadn’t given up on the idea of creating another program which would be longer lasting and more sustainable than SureFireSurf. He said that he was going to work on a new concept and new program which he’s going to launch in a couple of months and asks former members of SureFireSurf to reply to the email to receive updates about the new program. Well, I must admit that SureFireSurf proved to be a very reliable autosurf which achieved almost the impossible for an autosurf these days – surviving Black December and lasting for three months which is a truly remarkable achievement in itself. I will gladly monitor any new program from Chris if he wishes me to do so and meanwhile all the former members of SureFireSurf who were questioning the reasons for the premature and sudden closure can read the following farewell newsletter:
“I have received a lot of different suggestions on where to go from here. Thank you all, for your responses!
It was not an easy decision to make to close SureFireSurf, I was hoping for a much longer run and I am sure that so were all of you. Many of you have asked me to continue, with a different set of plans, 50/50 rule, lower roi, different payment terms and so on. Unfortunately, none of this would have made a difference if we look at history.
I know we already changed history, by defeating Black December, this in itself was an enormous feat, which I am very proud of to have been involved in. And so should all of you be! A big thank you, to all of you who stood strong and had faith that this could be done!
I am sure that we could somewhat change history too, if SureFireSurf was to continue with a new set of plans, but with AP freezing the account and the very negative attitude of a handful members, I have to come to the conclusion that it will be too hard to take on such a task.
However, many of you have also suggested a whole new program, with a totally different set of plans and visions. I have thought about this and I think that this option has more potential and that if you are willing to support such a venture, even if it means your profits will come much slower and will require more effort to achieve, then so am I.
I will be dedicating my time over the next couple of months to work on a program, which will have some outside income and long term potential to sustain itself more without a constant increase in members and their deposits.
If you would like to receive information and updates on this venture, please reply to this email and put YES in the subject line and I will make a mailing list so I can let you know of the process.
SureFireSurf will go offline on February 7th, as the hosting is very expensive and I would rather save the money for this cost, as it will allow me to spend more, setting up the new venture. Chris
Remember to reply to this mail if you wish to receive updates in future. Thank you.
You may reach me at surefiresurf@gmail.com from today onwards.”

Here is the list of the programs listed on MNO Premium and Standard list which paid me for the last 24 hours:
ExtraIncome, GorgonProjectInvest, Escaliva, KlickWallet, BentleyClub, Businex, FutureTrails, OilCapital, GainBucks, IncomeLadder, AccessTomorrow, ECashBroker, MidasGoldFund, and EliteAlliance (the first payment received).

I’ll be back here again tomorrow with more news and updates from the HYIP industry and another new review. So stay tuned and see you then, guys!