Apr 11th, 2011 Archives

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

Hello all! Another new week begins and one I think we all hope will bring new opportunities in the HYIP industry. I’ve had a few additions to the MNO monitoring page over the last few days and I still have a couple that I’ll be discussing here for the next few days. The newest of them is one called PicoProfit so that’s the one I’d like to get to first.

The other reason why I’d like to deal with PicoProfit first is because it’s extremely short term. In fact the only plans I’d be inclined to take seriously from them run for under seven days, though of course I’ll run through them all for you here anyway so you can make up your own minds on that. But whatever you decide it’s probably best to act on it sooner rather than later, timing being of the essence here.

You have six plans in total to choose from in PicoProfit, most of which pay only on expiry with one exception that makes daily payments. The first of these runs for just 1 single day and costs a $10 minimum to join. For anything up to a $200 deposit PicoProfit offer a return of 105% paid on expiry. So in other words join today and get paid tomorrow. The payment includes your initial principal so the actual profit is 5% which isn’t bad for basically just waiting around for a day. But if you’d like to earn a little extra then it’s going to cost you. Higher interest rates are available on higher deposits and are paid as follows:
106% for amounts between $201 and $500, 107% for $501 to $1,000, and 108% for anything between $1,001 and $3,000. If you’d like to know the rates being offered on larger deposits than that check from inside your PicoProfit members account area. But I can tell you that the top rate is 130% and there is no limit placed on what you can spend.

Next up are two plans that both run for a term of 2 days. The difference is that one makes daily payments while the other makes them on expiry. For the first of these options PicoProfit takes a minimum investment of $10. Up to a maximum of $200 they they offer you 55.5% per day (111% in total) including your principal.
For larger deposits you can earn 56.5% per day for deposits between $201 and $500 (113% total), 57.5% per day for $501 to $1,000 (115% total), and 58.5% on anything between $1,001 and $3,000 (117% total). There is no maximum deposit and the top rate is 78% per day. See your account area for more information.

That’s only a marginally less profitable option than PicoProfit‘s next two day plan that pays on expiry. The minimum deposit is still $10 and for amounts up to $200 you are offered 113% on expiry after a 2 day investment term. Compare that to a total of 111% earned from from daily payments in the previous plan and there isn’t a whole lot separating them. Other options include a single payment of 115%, principal included, made of expiry on deposits between $201 and $500, 117% on deposits between $501 and $1,000, and 119% for amounts between $1,000 and $3,000. For larger deposits with no maximum limit see the members area.

After that the next plan jumps to a term of 7 days, with PicoProfit again offering one single payout on expiry. Minimum deposits start at $10 and for anything up to a $200 investment you could earn a payment of 137%, principal included. Obviously enough as the term increases so does the risk, but while PicoProfit could potentially complete a number of cycles in this plan I just don’t see it as being significantly more profitable to justify you joining it as opposed to simply re-depositing in the shorter term plans over and over again for a week. You can make almost the same profit from a lower risk plan, so think about a strategy before joining.
For larger deposits the following rates are available:
$201 to $500 gets 144%, from $501 to $1,000 gets 151%, and from $1001 to $3,000 gets 158%.
Again bigger rates apply to bigger deposits with no maximum spend and a top rate of 375%. See the accounts area for further details.

Your next option runs for a 15 day term and also pays on expiry. The only payment you receive again includes your principal and requires a $10 minimum deposit to join. Spend anything up to $200 and PicoProfit will return 180%.
For bigger investments the following rates apply:
195% on $201 to $500, 210% on $501 to $1,000, and 225% on anything from $1,001 up to $3,000. Like all the PicoProfit plans there is no upper limit set on investments and the maximum rate is 850%. See the members area for more details if you’re interested.

PicoProfit‘s final and riskiest investment plan runs for a term of 30 days and makes one single payout on expiry that includes your original principal. As with the previous plan whats on offer in terms of profitability is actually less than what you can earn by redepositing in an earlier option, so it’s hard to see how you can justify the risk involved in joining it. But if you insist on putting your money into it anyway it’s still very affordable. You can sign up for a $10 minimum and earn 300% interest on expiry on deposits up to $500. For larger deposits the following rates are available:
$501 to $1000 gets 450%, and anything upwards of $1,001 is offered a totally unrealistic and unachievable 2362%.

It’s probably no secret by now that there’s been a big number of programs very very similar to PicoProfit over the last number of months, some of which were undoubted hits and others which were huge disappointments. One thing in PicoProfit‘s favor over them however is their better choice of payment processor, so it’s likely that whatever the actual outcome the admin is at least going to make an effort to get this one noticed. In addition to the usual LibertyReserve and PerfectMoney, PicoProfit are also using AlertPay. Payouts will need to be requested and once done they are made instantly. Just log in and ask for it and you should see it in your e-currency account in under a minute.

PicoProfit are hosted on a dedicated server from the Ukrainian company AntiDDoS. They’re still a new enough name in the HYIP industry but their track record to date has been pretty solid. The website is SSL encrypted and is running off a script under license from GoldCoders. Customer support if you have any questions or account related issue is available by filling in your details on the ticketing form found on the contacts page and submitting it.

Little to no information is available on any kind of business plan (if there is one) behind PicoProfit other than a brief mention of ForEx trading. Which in fairness is a myth long since discarded by almost all experienced HYIP players, this being the only business (HYIPs not ForEx) that offers the kind of returns being touted here. So as with all programs reviewed on MNO let me just wrap it up with a reminder that you are under no obligation to join, need only spend a minimal amount of money if you do join, and if you want to play the HYIP industry it’s best to keep a diverse portfolio of smaller investments rather than too much money in too few programs.

DAILY NEWS FROM THE INDUSTRY.

Let’s start our news updates for today with the latest release from the administration of ExoticFX. Now you can actually not only see the advantages of the currently in preperation Forex Trader Apprenticeship Program but also see a short video accompanied with commentaries from the man responsible for the Forex part in ExoticFX and who issues frequent updates on the subject – Joshua Clements. Well, if you don’t really understand the finer points of the ForEx market you can remedy that by applying for the scheme which will be totally free of charge at least for the on early stages of its development. Both the novice and the professional will no doubt learn something new and get a chance to practice in real live trading with absolutely no financial risk on your part. Actually this program is one of the most significant events in the HYIP industry for the last twelve months and I believe after its full implementation ExoticFX will become the leader of the industry. Of course the issued page with the video (click here to watch it) is not the full program but it will give you a necessary glimpse of what to expect from it in the future. It should also help you decide if you really want to become a Forex trader and earn some money trading with the money provided to you by ExoticFX. There is an actual form where you can submit your email if you want to play a part of the program and an e-book called “Daily Trading for Financial Freedom” explaining the basics of ForEx which will be yours (of course, totally free of charge) if you join. There’s no obligation of course, and joining this Forex Training program is not necessary if you’re totally ok with just receiving daily profits from one of the investment plans offered by ExoticFX – 1% for 120 business days, 1.2% for 140 business days, 1.45% for 160 business days, 2% for 180 business days – or another four plans with one single payout on expiry of your deposit – 110% after 2 weeks, 125.6% after 4 weeks, 146.5% after 6 weeks, and 192% after 8 weeks. Remember that you can deposit in ExoticFX starting with a $10 minimum via four different payment systems – LibertyReserve, GlobalDigitalPay, HD-Money and AlertPay. The program officially started over 50 days ago and was featured on MNO since day one. Those of you who want to find out more about ExoticFX can refer to my detailed review of the program posted here or my recent very comprehensive interview with its admin Charles Martinsen which you can read here. And this is the latest newsletter from ExoticFX where the admins are looking to hear for your feedback on the presentation and to answer some questions provided below:
Free Forex Trader Apprentice Preview
We arent quite ready for a full release but we wanted to provide you a glimpse of what is forthcoming. EFX Forex Trader Apprentice Program
You cant actually sign up yet, but we wanted to show you and perhaps ask you to provide your feedback. We know many of you are anxious to fully understand what we are about to release. These pages and video will provide a very good understanding of how the program will be structured and what you can expect.
Once you have gone through the first page and watched the video, if you will attempt to close the tab you will be prompted by an On-Close Event to stay on the pageclick Cancel to remain and you will be able to see the balance of the information on the newly revealed page.
Understand, this is not complete and some changes will be made to layout etc.
We would really like to get you opinions on this. Please provide your input in our Traders Society Room, in our Forum, at our Blog or at your favorite forum.
Some of the questions we would love the answer to are
1) Which is more appealing to you, the Apprentice Program, Forex Trade School or ExoticFX (hands-off approach) and why?
2) Have you traded Forex?
3) If yes, what strategy, indicators and platform do you prefer?
4) What do you like best about the forthcoming FTA program, beside trading with our money?
5) Is there any other relative input or constructive criticism that you can provide?
We appreciate all of assistance and look forward to reading your replies.
ExoticFX Management Team
ExoticFX — Just Profits!

Please note that at the time of writing GorgonProjectInvest is down but will be online very soon as the admin of the program Paul (interviewed here) told me. It looks like the heavy traffic on the program’s server caused it to crash and their hosting provider BlockDos is currently doing its best to fix the issue asap. GorgonProjectInvest recently reached #2 on MNO and after 105 days online and paying to six accepted payment processors and remains one of the most popular options among MNO readers preferring to make deposits in longer-term plans like the program is offering – 1.9% for 30 days, 2% for 90 days, or 2.2% for 180 days with principal returned on expiry. More about the program can be read in my detailed review of GorgonProjectInvest published here. I hope that the site will be online soon and will update you as soon as I get some more information on that event from Paul.

Today I got some great news from the admin of ExtraIncome Phil who was very pleased that some of MNO readers had requested a second interview him. Phil has kindly agreed to answer any questions so if you have something to ask him you’re more than welcome to send it to my email address abramsonp@gmail.com Please note that the questions to the admin of ExtraIncome will be only accepted for the next 24 hours, so be sure you submit them before I send the interview questions tomorrow. I think it will be great to have some more questions answered since the first interview with Phil on MNO was published in late January and for those two and a half months online ExtraIncome managed to become the #1 program on MNO which is truly a remarkable achievement and therefore having the second interview with Phil will be more than appropriate at this time. In total, ExtraIncome has been paying for over four months and the payouts are processed instantly to AlertPay, LibertyReserve and PerfectMoney. It has three investment plans on offer all paying on expiry – 120% after 5 days, 145% after 10 days, and 170% after 15 days. More about ExtraIncome can be read in the detailed review of the program published here, and of course in the first interview with the admin of ExtraIncome Phil Whitaker posted here.

The admin of DreamRoi (reviewed here) finally officially announced the addition of a fourth payment processor – SolidTrustPay – to his program. Apart from that you can deposit in any of their investment plans (105%-129% after 1 day, 11%-174% after 2 days, 118%-199% after 3 days, 300%-1900% after 29 days) via AlertPay, LibertyReserve or PerfectMoney. Here is the short update regarding that addition from Matt, the admin of DreamRoi:
We added SolidTrustPay to our payment processor list. Now you can deposit via Alertpay, PerfectMoney, LibertyReserve and SolidTrustpay.
Best Regards”.

Another promising short-term program has been added to MNO monitoring today and judging by the admin’s experience in the industry I believe it can also become a hit in due course. I’m talking about a program called ProfitDeluxe which started two weeks ago and offers only one plan paying 125% on expiry of your 5-day duration plan. The minimum of $10 can be deposited via LibertyReserve, PerfectMoney and AlertPay payment processors. ProfitDeluxe has been paying for a couple of cycles already and I saw only positive feedback about them on public forums and monitors. ProfitDeluxe features a hosting on a dedicated server and protected by DdoSWiz, an SSL-secured website, and is running off a licensed GoldCoders script. More information about ProfitDeluxe will be posted in the upcoming review which is going to be published on MNO blog very soon. Stay tuned for that, guys!

Here is the list of the programs that paid me within the last 24 hours:
SafeDepositary, IvaStock, ExtraIncome, CitrusFinance, MidasGoldFund, DreamRoi, SiliconValleyGroup, ReProFinance, ReserveInt, Agromatica, BrilineLimited, GulfReserve, GorgonProjectInvest, OilCapital, DubaiInvest, ImperialFund, Opulentia, EarnoSphere, RebelFunds, GainBucks, ViscoCorp, BusinessVentureFunds, Walwex, Roserlink, UnicornInv, OrientProfit, EliteAlliance. MakeDepositToday (the first payments received), PicoProfit (the first payments received) and MGFunds (the first payment received).

By the way, tomorrow you will be able to read the full review of MGFunds on MNO – the program that has been paying on a 3% for 45 days plan for over three months already. I hope you will find it useful for you if you consider investing with them. The latest news from the HYIP industry will be published as well which is MNO’s blog main specialization. Stay tuned for more relevant and fresh information from the HYIP industry and its most popular programs only on MNO! See you tomorrow, guys!

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