Hi everyone! I don’t know if you’re aware of this but it’s fifty years today since one of my all time favorite historical figures Yuri Gagarin became the first man in outer space. It’s always been an inspiring story do I’m enjoying many of the documentaries marking the event today though of course I still have time for all the main news stories from the industry. The first thing I want to get to though is a HYI program called MGFunds. They’ve been online for more than three months now but have only been added to my own monitoring list in the last few days.

What’s on offer from MGFunds is basically just one single investment plan. “One size fits all” if you like, so if nothing else it’s a fairly straight forward choice as to whether or not you like it enough to join it or not. It will cost you a minimum deposit of $30 if you do join it, and it runs for a term of 45 calendar days. The maximum investment is $10,000. In return for that MGFunds are offering you an interest payment of 3%, paid daily seven days per week, for the terms duration. Your original principal is factored into the payments already and so will not be returned, meaning your total earnings from the plan will add up to 135%, or 35% clear profit.

Or to put it another way if you made a $100 deposit MGFunds would pay you $3 per day for 45 consecutive days. That would bring in $21 per week, allow you to earn back your initial hundred after 34 days, and complete the term with a total and final return of $135.

When it comes to the actual payouts something important that you’re going to need to remember is that while you will earn a profit seven days per week, MGFunds will only actually process them from Monday to Friday so don’t panic if you don’t see any earnings at the weekend. It just means you need to wait until Monday. Another thing important to remember is that a 1.5% withdrawal fee for everything you take out. There is also a minimum withdrawal of $3.

And speaking of withdrawals, the list of payment processors you can use to deposit in this program is as good as any you will see from their competitors, and I imagine that’s had a beneficial effect on their popularity. MGFunds are currently dealing with AlertPay and SolidTrustPay for those of you who prefer to use a verified option, and LibertyReserve and PerfectMoney for anyone who doesn’t. Compounding is allowed if you want to increase both the earnings and the risk, and payments once requested should be processed manually within 24 hours. GlobalDigitalPay and Bank wires are available but only by special request.

MGFunds is hosted on a dedicated server by BlackLotus, and has an SSL-secured website running on an original and unique script. For customer support you can fill in your details on the online e-mail ticketing form and submit it. You can also just mail the admin directly. A postal address is also available and a Skype account is promised to be added soon, though as that only takes 5 minutes to set up I’m not quite sure what the delay is.

You might have some concerns about the age of the program – somebody always does – but considering they take 45 days to pay what shorter term HYIPs are offering after seven or ten should also be considered. The business allegedly behind MGFunds is ForEx trading, which is hardly the first time we’ve come across this in the industry, despite the website being quite original. So as always feel free to do your own research into this before spending anything – it is your money we’re talking about here after all, not anybody else’s – and remember that it’s in your own best interests to keep smaller more affordable deposits spread between a larger number of programs.

DAILY NEWS FROM THE INDUSTRY.

Let’s start the news section today with another newsletter from GorgonProjectInvest. I know that many members were concerned about the downtime that happened last night due to which they went offline for over 12 hours. This was probably the result of a site overloaded with heavy traffic which made the server crash and it took some time to fix the situation. Fortunately we all know that BlockDos provides exceptionally good service for their clients (MNO is also hosted there) and the site is back online undamaged. I’ll also say a big thank you to the admin of GorgonProjectInvest Paul (interviewed here) who was very fast to let me know about the situation keeping me updated during the entire downtime because he was unable to send the mass email to the members for obvious reasons at the time. So the investors stayed calm and patiently waited for the site to come back online today. GorgonProjectInvest has already resumed the payouts on all the six payment processors it accepts (LibertyReserve, PerfectMoney, AlertPay, SolidTrustPay, GlobalDigitalPay and Pecunix) and on all the investment plans with principal returned on expiry – 1.9% for 30 days, 2% for 90 days, and 2.2% for 180 days. GorgonProjectInvest still occupies the #2 spot on MNO monitoring and for those who want to find out more about this wonderful program that’s been online for over 100 days please refer to my review here or to the full Live Chat transcripts with the admin of GorgonProjectInvest Paul here and here.
The latest newsletter posted on GorgonProjectInvest‘s website today not only addressed the reasons for the downtime but also contemplated their enormous level of success and the necessity of improving their support service and making it more extensive and user-friendly to all. More information about the business activities of GorgonProjectInvest was also given in this latest extensive update which you can read below:
“Recent Downtime & News Update
DOWNTIME
We have recently encountered some downtime for which we apologise. Our server crashed today due to an incredible increase in traffic which started a few days ago. Our usual traffic was dwarfed by an amazing upsurge in interest, resulting in a large number of new investors registering and a fantastic amount of new deposits.
It’s quite overwhelming that we now have an Alexa rating of 14,151 (for 7 days) with over 4000 people registered investing more than $2 Million. In less than FOUR months!
JAPAN
GorgonProjectInvest is truly the No.1 Investment opportunity of the year because we are totally focused on the LNG and mining boom in the Asia Pacific.
We do not want to dwell on the huge tragedy that has come out of Japan recently. But the nuclear scare resulting from the natural disasters there have swelled even more interest in Liquefied Natural Gas (LNG) as the future energy source. The obvious short-term burst in LNG demand from Japan as it tries to cover power shortfalls in the wake of the earthquake-tsunami mask the bigger question now hanging over the Land of the Rising Sun’s nuclear power strategy.
At the very least, the growth of Japans nuclear power industry will be curtailed, replaced by LNG at a time when China and India are also demanding increased supplies.
APPEA
Locally for us we are excited about the up and coming Australian Petroleum Production & Exploration Association Ltd (APPEA) Conference held in Perth (Western Australia) from 10-13 April 2011. The leaders of oil and gas in Australia attend the APPEA Conference and Exhibition each year to hear government insights, leading international energy experts, top companies deliver their project updates do to business at the state-of-the art exhibition.
So we hope to come away from this enlightened with even more investment opportunities to keep GorgonProjectInvest at the top of your portfolio list.
COMING SOON
Shortly, we are implementing a new support module to greatly improve our customer service. We realise we have fallen short of expectations regarding our support so we will introduce a ticketing system with a knowledge base, integrating news and in depth explanation on how to use our web site.
If you have an unanswered support question from the last few weeks, please resubmit it as we now have more staff to handle the demand.
Once again, thanks for your patience during the recent server problems. I hope you were not too concerned and worried about our web site being unavailable. We want to ensure our current and future investors that we are here for the long term. This huge opportunity is a life changing event and you need to grasp it now. Forget dabbling in volatile FOREX and confusing stocks and shares, the Resources Boom in Asia Pacific, especially in the Gorgon Gas Fields is a certain out and out winning strategy to make money. Don’t waste this opportunity.
Best regards. Paul
Admin. GorgonProjectInvest”.

If GorgonProjectInvest came back online another brand-new program PrimFix went offline due to spam complaints received by their hosting provider and I hope they will migrate their site to another provider soon. Anyway, one way or another the admin of PrimFix asked the members of his program not to panic and promised the site would be back online in 24 hours. I was paid promptly by PrimFix today before the site disappeared and I have no reason not to believe what the admin said and what also posted on the program’s blog just a few hours ago:
“Dear members,
Our website will be down for about 24 hours. We are not going anywhere, don’t panic. One of members used spam advertising methods and it got our website down, it’ll be back in 24 hours and everything will continue as usual.
If you have any concerns, please contact us at primfixlimited@gmail.com and we will reply promptly.
Yours, Derek.
Follow: http://primfix.blogspot.com/”

By the way, as I have noticed already, PrimFix program is considered by many to become the next big hit with investors as it accepts three popular payment processors – AlertPay, SolidTrustPay and LibertyReserve – with a $10 minimum and is allegedly involved in sports arbitrage betting where such extremely popular programs from the past like GNI were also claiming to money from. Of course, since PrimFix just launched a few days ago we can imagine that the real recognition will come only in a couple of weeks when the first payouts on expiry are processed. In the newsletter posted late last night the admin of the program Derek tried to answer the question why it required him to pay 120%, 160% and 210% return on your investment after 15-45 days period of time. Surely, that was to do with the turnover of the money which is going to be used to place bets and gather profits for the investors of PrimFix in the near future. Derek also promised to launch his own forum very soon where some secrets of their earnings in sports arbitrage would be shared so I look forward to seeing that soon. If you really want to find out more about PrimFix please read my review of the program posted here as by the time the program is back online you might be interested in joining it. Below you will find the full version of the newsletter from PrimFix which was sent last night when the site was still online:
“Good evening everyone,
We decided to send out this newsletter to clarify some of the questions we got in out mailbox during these first days.
Some people asked us why our plans pay only on expiry, it’s because we need time to move our funds around different e-currencies, most of the bets are placed using MoneyBookers, a payment processor that does not accept HYIP investments so we need to exchange our funds from AlertPay/STP/LR to MB, place the bets, collect the profits and exchange it back to pay everyone, all that can’t be done in one single day. We understand you don’t like to wait to get your payments but we are dealing with real investments here so it can’t be different. There are advantages and disadvantages about getting paid only at expiry but believe us, this is the best option right now.
Speaking of investments, we intend to launch a PowerBoard forum about the business we do to generate the promised profits soon, many people have been asking us for proof so we decided to share it with everyone, everyone will be able to learn about sports arbitrage and some other investment types on the forum, we expect it to be ready by the beginning of May, we need to prepare some guides and gather some more information to share with you.
Some people who already know about sports arbitrage e-mailed us asking how Bookmakers do not limit our accounts for surebetting, as they usually do. We have been doing business with some of them for several years and we learned how to avoid it, of course we made mistake and got our accounts limited a few times until we figured out a technique that won’t raise any red flags, basically we make other types of bets among the surebets, always considering the profit that can be made. It’s obviously more complex than just that but it gives you a general idea of what we do, we won’t enter the exact details to protect our own technique but other techniques will be shared with you on our forum.
As you all know, we are working with three payment processors at the moment, LibertyReserve, AlertPay and SolidTrustPay. AlertPay and SolidTrustPay are easier for us to handle when it comes to exchanging it in and out with MoneyBookers and fortunately, the majority of our members are using those two payment processors. LibertyReserve gives us a little extra work to exchange but it doesn’t affect our business.
We have received many nice e-mails with great questions so please keep sending them!
Have a great week, Derek”.

I’m glad to report that I have sent the interview questions for the second interview (read the first one here) to Phil Whittaker, the admin of the current #1 program on MNO ExtraIncome (reviewed here). Of course I have also included a few questions I received from readers in response to my request posted last night. I hope to publish it as soon as I get a reply from him. Now I just wanted to remind you that ExtraIncome has been online for over four months and is undoubtedly the most popular short-term program online today paying instantly to AlertPay, LibertyReserve and PerfectMoney on the following investment plans – 120% after 5 days, 145% after 10 days, and 170% after 15 days. Currently the referral contest is going on of which was announced by Phil in the previous newsletters, so you still have a good chance to win a nice cash prize if you are active in promoting. In turn my contribution to that promo campaign will be the upcoming interview which was requested by some of my readers wanting the cement ExtraIncome‘s position as #1 in HYIP industry for a long time ahead.

Another popular short-term program EarnoSphere (reviewed here) has been online for three months already paying to on expiry plans including 115% after 5 days, 135% after 10 days, 180% after 20 days, and 280% after 40 days. I would say though that it’s still flying under the radar but the main reason for that is they only accept LibertyReserve and PerfectMoney processors which cuts off a significant amount of investors who prefer AlertPay which is unfortunately currently not accepted by them. In the latest newsletter last night the admin of EarnoSphere George emphasized that staying on top will require the full members’ support which can be shown by voting for the program and submitting payment reports on forums and monitoring, i.e spreading the word about EarnoSphere and making it grow further as I’m sure there is a lot of potential to grow. Here is the latest news from EarnoSphere:
“Hello EarnoSphere Members,
Hope you all have enjoyed/are enjoying your day.
First of all, I would like to express my heartiest thanks to Hyipnews team, for publishing a video review on EarnoSphere today. Thank you, hyipnews team, for the effort you have put in to publish the video-review. Those who would like to watch the review on EarnoSphere, may click on the “Media” menu, which can be found on the top of our website.
It’s truly excellent that EarnoSphere has been online for 89 days now, and has managed to make a big difference in this industry. There is no doubt that EarnoSphere is the popular and the best program now. With your perfect support for EarnoSphere, together with the fast payments We make every day, it wasn’t very difficult for EarnoSphere to achieve this position. Remember, for EarnoSphere to become even stronger, we need to work as a `Dream-Team`. We are doing our best to EarnoSphere at the top, and at the same time, we would like to see our members supporting and promoting EarnoSphere in forums and monitors, by posting your payment proofs in forums, and voting for EarnoSphere in monitors. We will be really glad to see EarnoSphere members supporting us.
I wish you all a wonderful days with your beloved ones.
Best regards, George Santee, EarnoSphere.”

Probably following the example of many other successful programs GulfReserve (reviewed here) has added a 2 minute video presentation where you will get all the details of their business activities in the oil-rich Gulf region and get familiar with its investment plans paying 4%-5.5% for 30 business days and 1.2% for 150 calendar days and payment processors accepted (currently it’s LibertyReserve and PerfectMoney) along with some peculiarities like hourly crediting of the earnings on the first plan. Here is the official announcement from Alina, the admin of GulfReserve containing the link to that video presentation:
“Just Released: 2-MINUTES TOUR OF GULFRESERVE!
I am sure you didn’t expect this coming but I am PROUD to announce it, our very first OFFICIAL trailer of GulfReserve and guess what it takes only over a couple minute to watch this outstanding video. We uploaded in on YouTube and linked it on our official trailer (or tour) page: https://www.gulfreserve.com/tour.html
Yeap, Go ahead and have a look and share it with your other friends as well.
Regards, Alina.”

Here is the list of the programs monitored on MNO which paid me for the last 24 hours:
ExtraIncome, ReserveInt, ExoticFX, CitrusFinance, DreamRoi, InvestNetGroup, ReProFinance, SiliconValleyGroup, GorgonProjectInvest, Agromatica, DubaiInvest, DynamoFunds, EarnoSphere, GulfReserve, ImperialFund, OilCapital, PrimFix, PermanentProfit, FondosMayores, Opulentia, GainBucks, ViscoCorp, BrilineLimited, IvaStock, BusinessVentureFunds, EurexTrade, PicoProfit, RebelFunds, EliteAlliance, Roserlink, WagerFunds, MidasGoldFund, MGFunds and ProfitDeluxe (the first payments received).

By the way, stay tuned for the full review of the highly promising short-term program ProfitDeluxe which is going to be published on MNO tomorrow. The latest news and updates from HYIP industry will also be included don’t forget to check out MNO blog daily for the latest news from your favorite HYI programs or subscribe to receive my daily news straight to your email every day by submitting your email address using the form on top of the blog page. See you tomorrow, guys!