Jul 27th, 2011 Archives

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BEWARE! HitNRunMasters is delaying payouts! Do not invest there!

Hello everyone! The recent busy spell at MNO shows no sign of slowing down just yet and as I mentioned earlier in the week there’s a lot of new additions to my monitoring site this week that I need to get through. Nothing to complain about in what might otherwise be considered a slow time in the industry as for the most part these new programs are all worth a second look. One of the most unique and intriguing to come my way in some time however has to be one by the name of HitNRunMasters, a recently launched long term investment program with a very interesting perspective on the industry.

The term “piggybacking” if you don’t already know it refers to one HYIP admin financing his program by investing his member’s funds in another program. It’s not a popular word, few admins like to be accused of it, less will admit to doing it, but despite that the practice is rampant. Cue HitNRunMasters. They not only openly admit to it – well, why not? As I said it’s already rampant – but also claim to have made something of an art form out of it. To be honest while I know that’s a rather oversimplified version of what HitNRunMasters say they’re all about I still have to say it’s about the most believable and most likely story I’ve heard from any program for a while now (those who tell you straight out they’re running a gambling based HYIP excepted).

I’ll get to all that in a bit more detail in a moment, but first the important stuff. HitNRunMasters have just one investment plan, and it has to be said it’s one of the most flexible and versatile in the industry. Technically I suppose it’s a long term plan however it allows you to withdraw early if that’s what you want. You’ll have a vastly reduced profit if you do of course and you’ll have to pay a fee, though I guess it’s all about what each individual investor wants from the program. Not everyone will be so enthusiastic about staying with any online HYIP long term so the real beauty of what HitNRunMasters have to offer is that you can tailor it to suit yourself. The program makes daily interest payments, though the longer you remain a member the higher the rate you get paid and the smaller the fee you need to pay in order to leave.

So what of the details? It’s tricky enough to give real practical examples of how much you might make here because as I said it’s up to you how to work it so you’ll have to do your own calculations. You can join HitNRunMasters for a minimum spend of $10 and the plan runs for 365 calendar days. For the first 14 days you will earn 1.5% interest on that every day. During that time you will not be allowed to withdraw from the program at all. Following that your interest rate will increase and you will also be given the right to withdraw your principal and leave HitNRunMasters completely.

From day 15 to day 21 you earn 1.6% interest per day and can leave the program for a 28% penalty fee on your principal. It’s totally pointless to leave the program at this point however because the withdrawal fee will eat away at either all or most of your profit (depending on exactly what day you leave).

And that’s basically how the plan continues throughout its full 365 day duration. The longer you leave your principal in place a.) the higher the rate you get paid per day and b.) the lower the fee you will be charged to withdraw your principal and leave. It’s quite an effective way to both reward members for their loyalty and also prevent too much of a drain on the program’s cash reserves by having investors abandon their membership without warning.

Interest rates apply to all deposits based on time, not on size. Therefore the small $10 and $20 investors will get the very same rate as the serious players investing thousands. The rates are as follows:
Day 22 to 30 – 1.75% and a 25% early withdrawal fee. Day 31 to 60 – 2% and a 24% early withdrawal fee. Day 61 to 90 – 2.1% and a 23% early withdrawal fee. Day 91 to 120 – 2.2% and a 22% early withdrawal fee. Day 121 to 150 – 2.3% and a 21% early withdrawal fee. Day 151 to 180 – 2.4% and a 20% early withdrawal fee. Day 181 to 210 – 2.5% and a 15% early withdrawal fee. Day 211 to 240 – 2.6% and a 10% early withdrawal fee. Day 241 to 270 – 2.7% and a 5% early withdrawal fee. And finally from 271 to the completion of the term on day 365 you can earn 2.8% interest per day and no fees will be charged to withdraw your principal.

The channels used by HitNRunMasters to process your payments are limited to just LibertyReserve and PerfectMoney. I say the choice is limited but given recent events relating to AlertPay and their treatment of perfectly good paying HYIPs that’s not altogether a bad thing either. As a side note I notice SolidTrustPay have made a lot of good changes recently so they’re definitely on the way to providing a real and viable alternative to AP anyway, so there’s definitely room for the HitNRunMasters admin as well as other program owners to make improvements but without fearing for the safety of their investor’s funds.

Anyway, payments are made manually and will need to be requested by logging into your account area. Once done you are asked to allow up to 48 hours for the admin to get everything processed, though generally it tends to be faster than that. Please note however – and the FAQ is quite clear about this – that payments are processed once per day for requests made on the previous day. Minimum withdrawal is $1 and a limited amount of compounding is available.

On the technical side of things HitNRunMasters is hosted on a dedicated server with support and protection from Dragonara. They are running off a custom made script, although I have seen it in use before by another program. The website is also SSL encrypted.

I have to say I’m a little dubious about their support set-up however. On the face of it it’s quite good and up to a fair enough standard. You can as with most HYIPs fill in a ticket submission form with your questions or account issues. There is also a functioning Live Chat set-up. The thing I have yet to be convinced about however is the admin’s claim that support has been outsourced to a completely different company who in turn at as a sort of liaison officer with the HitNRunMasters admin. According to him it gives him a lot more time to get on with actually running the program, which is great for him. Less encouraging for you however because you never deal directly with an employee of the program, never deal directly with the admin, and at best can only get support from someone with no personal ability or authority to access your account and fix any problems you have there. Forgive the skepticism but since I don’t remember anybody else doing this in the past I have no other choice but to wait and see if outsourcing customer support for an online HYIP can really work. Mind you, if the admin actually does his job properly the need for you to contact support at all should be minimal. I also see that he’s opened a shoutbox on the HitNRunMasters website now so I guess he isn’t totally unreachable either.

Other than the good script, good hosting, and creative plan what really catches the eye here is the texts and the story of how this is a program created by long term HYIP industry players with a lot of contacts, insider knowledge, influence, and the ability to take what they want from other programs and force them to collapse if they wish. Well, I don’t know about that but I tend to doubt that one admin, one group, or one program would hold that much sway over the entire industry. The one thing about HYIPs that we can all agree on is that once you hand your money over to an admin you no longer have any control over the situation. Whether you get paid or not is now no longer your decision. It’s that of the admin of the program you just joined. He’ll scam you if he wants to, and you’re just taking a gamble that he won’t. And that very same rule applies to HYIP admins who piggyback on other HYIPs because they can get scammed just as fast as anybody else. So despite the interesting story and the investment strategy explained by the HitNRunMasters admin (assuming it’s true) his investments are no more guaranteed than yours. So with that in mind it has to be said that this program is exactly like everything else in the industry in the sense that you should only join with a deposit that’s well under a limit that’s affordable to you personally and try to use HitNRunMasters as part of a wider more diverse portfolio. That is after all what the admin says he’s doing so if it’s good enough for an experienced industry player then it should be a good enough strategy for the rest of us too.

DAILY NEWS FROM THE INDUSTRY.

As expected AlertPay continued its malicious campaign obviously aimed at killing all the best HYIPs online and yesterday the account of MaxiEarn (reviewed here) was put on hold with all funds contained within it being frozen. I must say I was surprised to learn directly from the admin today that it was not his first account to be blocked during the last few months. Apparently some spammers send a lot of complaints to AlertPay which makes them limit programs’ accounts. Well, exactly the same thing happened to another popular short-term program EarnGroups (reviewed here) a few days ago and as far as I can see the verification process is not complete yet. In my opinion, additional verification requested by a payment processor is one of the weirdest things I’ve seen in the industry and possibly it’s the best way to simply steal some money from the HYI programs. Why would they need further verification? Does it imply the first verification was not good enough? And if it was not enough why do they have this first verification in the first place? It all sounds a bit fishy to me, just like all other activities of AlertPay which are highly questionable and unlikely legitimate. We must remember that it’s investors’ money the AlertPay is holding, not the admin’s and it’s not a fact that they will get it back even if they file a dispute. Moreover, I get more and more complaints from readers that their earnings from HYIPs from investments via AlertPay are also being reversed more frequently now, leaving them with huge losses when they had previously been in profit!. So the question arises – if AlertPay doesn’t like HYIPs so much why do they accept them at all? And if it’s perfectly acceptable on which grounds do they keep freezing investors’ (not admins’!) money in their accounts resulting in hundreds of thousands of dollars stored in their coffers indefinitely. Was it the main purpose of their high promotion in the HYIP industry to reap such “rewards” at this time? Well, I will try to answer all those questions in the upcoming article about AlertPay which is coming soon. At this time I would ask investors to think twice before they decide to invest their hard earned money in HYIPs via AlertPay as the current policy of this processor is really harming the industry and under certain circumstances could actually leave you with nothing but losses.

Anyway, I’m glad the admin of MaxiEarn Nick followed my advice and stopped accepting AlertPay in his program altogether. In his last newsletter he states that this decision was necessary and that possibly another payment processor would be added soon (hopefully SolidTrustPay which is in direct competition to AlertPay now with its credit and debit cards withdrawals and new mass payments system). At least such decision could protect the program from otherwise inevitable collapse and protect the funds of those who invested via LibertyReserve and PerfectMoney still wanting to be paid their profits on two investment plans offered by the program – 120% after 7 days and 150% after 15 days. I honestly believe that in the long term such a decision would be beneficial for all the members of MaxiEarn and will help it continue for a longer time. As for those who invested via AlertPay you have to submit tickets to those crooks again and beg for your own money back. That’s the price current AlertPay account holders have to pay when they decide to invest in HYIPs. As for LibertyReserve and PerfectMoney investors, I can confirm that all deposits and withdrawals from MaxiEarn are processed fast as usual and I don’t think there is anything to worry about at this point. Here is the latest official newsletter from MaxiEarn:
MaxiEarn Ltd Important News
Dear Members,
today we faced some problems with AlertPay because again for a second time during those four months they locked our AlertPay account without even a notice. Its quite strange policy in my opinion, we are not the only ones who had same problems with AlertPay recently. Its a shame that some people in this industry are so jealous and trying to destroy honest programs. As far as I know someone sent around 200 fake fraud reports to AlertPay to put our account on hold. Fortunately, our account is not suspended but it will take some time to complete verify process. We will send all documents they need but I ask you to be patient. Anyway AlertPay deposits and withdrawals are disabled until verify process is over. Pending AlertPay payments has been processed from our reserves before we disabled them. We are not going anywhere, we will continue paying to a LibertyReserve and PerfectMoney. More to say we are in talks with some other payment processors and hopefully really soon we will add more payment options. I would like to apologize to everyone, for any kind of inconvenience caused and I hope this situation will be resolved asap.
Also I would like to let you know that MaxiEarn Ltd has been reviewed by the Money-News-Online. Many thanks to Paul for a great job he done. Feel free to check it here:
http://money-news-online.com/blog/2011/07/26/26072011-maxiearn-review-and-daily-news-from-the-industry/
I will be back soon with a more news about MaxiEarn Ltd and hopefully next time I will have positive news about current AlertPay situation. Thanks for choosing MaxiEarn Ltd.
Best regards, Nick
MaxiEarn Ltd Support”.

Some readers were quite concerned by the short downtime suffered by JPDaily yesterday. For me the site was back online after a few hours and I don’t think it affected many. The downtime was not even mentioned in the daily regular report issued by the admin of JPDaily Rich which showed over 2% profit for investors:
Daily Result: +2.20% for JPDaily
Todays result has been announced!
Check your balances and request your withdrawals!
Daily Report: http://jp-daily.com/forum/YaBB.pl?num=1311701730
Investor Balances: http://jp-daily.com/investors.htm
Referral Stats: http://jp-daily.com/referrals.htm
News:
Nothing of note to whine about today. All good!
Regards, Rich”.
I remind you that JPDaily was first reviewed on MNO here. It’s a program accepting AlertPay, LibertyReserve and Bank wires and paying variable daily returns with the results that can be both positive and negative depending in the admin’s performance that are reflected in daily reports sent to his members. The good thing about JPDaily is that you’re totally in control of your funds there which you can withdraw (partially or in full) at any time with only 3% fee.

HitNRunMasters (or HnRM to use the abbreviated version) was just reviewed by MNO today but I’m aware that many investors are already fascinated with the fresh and original concept of earning money from a secret group allegedly running the HYIP industry causing some programs to succeed and others to collapse before they loot the money from the admins. It’s basically piggybacking and based on the understanding of how the industry is organized. In my opinion, the administration team behind HitNRunMasters want to create some sort of hype among investors and make them believe that if they don’t join HitNRunMasters who decide the final outcome of HYIPs then they cannot succeed. Do you really think it’s true and we have some masonic-like secret society pulling the strings in the HYIP world? Well, I have been in this in this industry for so long that I thought nothing would surprise me anymore. But I was mistaken as what HitNRunMasters offer is really different. And I don’t mean the plans which were described above but the whole concept of how things work in this industry. HitNRunMasters don’t want to show you the proof but they simply want you to believe in them, like people believe in superstitions and astrology. It’s up to you if you want to believe them but I must admin I do find their newsletters kinda exciting. And here is the latest one issued by HitNRunMasters yesterday:
How GOOD would it be to….. Never lose at HYIP again?
HnRM is exactly what HYIP needs… a MASTERY system…a way to ensure the success of the member.
How good would it be to know that you are now associated with the largest (by far) group of HYIP associates anywhere to be found?!
How good would it be to know that your funds are pooled with the NUMBER ONE most successful HYIP participants anywhere…period?!
How good would it be if you NEVER lost at HYIP again?!
How good would it be to know that when you place an investment, the group of investors you have joined forces with ARE the Number one DETERMINING factor as to when an HYIP fails and/or how long it succeeds?!
How good would it be for you to know that you finally have a real opportunity to create wealth in the HYIP arena by becoming associated with HYIP’s most elite participants?!
It has been said…
The enemy of my enemy is my friend.
Your main enemy, in HYIP, is the uneducated and overly greedy admin…the HYIP idiot!
We are their greatest enemy …and that makes us your NUMBER ONE ally!
HnRM is a cooperative effort from the very sources you hold dear. Sources you rely on every day. This isn’t some whimsical idea that was spawned to rob you of your funds like the idiot admin’ of the day. We are going to put things into their proper perspective and eliminate the crap from HYIP.
Sure there will always be losses. But the days of the big, intelligent, long running programs will return!
If you are not on board with us then you have the Giants, no, the ELITE of this industry working against you. You don’t want to be running this race in the wrong direction. This is your only chance.
If you have been involved in HYIP for any length of time, then you have already suspected there is an underlying force that tends to sway things in their own favor. We ARE that force.
If you are not with us… then you are forcing us to work against you…and trust me…you don’t want that!
Had it not been for the depredation of this industry over the last few years, we would have never revealed anything about ourselves to you. But necessity being the mother of all invention, here we are!
This is your shot, this is your chance, NOW is your turn to be a part of the upper end of the HYIP food chain. But the choice is yours, become a part of those that feast on the HYIP world… or remain those that are ravaged.
Sure, there are programs paying higher interest and better affiliate commissions than HnRM. So why should we invest with HnRM?
Let us ask you, overall, what have you been able to profit daily, weekly, monthly and yearly…. considering all your wins and all losses, in the world of HYIP?
The vast majority, if answering honestly, will say … “I am at a loss!”… or … “Very little!”
Don’t you want consistency?
Don’t you want profitability?
Don’t you want sustainability?
Or do you want to continue to watch your investment disappear along with program after program?
Why should you invest with us?
Because we are turning this HYIP World around!
Because we are destroying crap admin after crap admin until all that is left are solid programs! and
Because you WILL consistently profit while protecting your investment fund from going to the running admin or even the… HitNRunMasters.
It is TIME we band together!
It is time we turn this arena around!
It is time to make the changes!
It is a NEW DAWN in the world of HYIP!
THE WAR HAS BEGUN!
Are you going to emerge victorious… or… lie wasted as a casualty?
The choice is yours!!!
HitNRunMasters The HYIP Destiny is OUR Choice!

Here is the list of the programs that paid me for the last 24 hours listed under Paying status on my monitoring page:
VivaTrade, PrimFix, EurexTrade, BrantonsGroup, PermanentProfit, UnicornInv, LibertyHoard, MGFunds, HotInvesting, ViscoCorp, BaseBucks, FeoCash, GlobalFxTrades, GorgonProjectInvest, InvestNetGroup, PowerfulStrategy, StraDox, HyperCompound, TopsFund, SeriousInvestors, ReProFinance, SafeDepositary, Opulentia, UnitrustDirect, MirexGroup, EarnGroups, SilverPinePartners (the first payments received) and HitNRunMasters (the first payment received).

The two programs added to the Premium list on MNO today are not new and are both running for a couple of months already, but it’s not a bad thing either because if you prefer to invest in more established and serious programs you can take a closer look.

The first is called OnlineInvestmentBank. The program started nearly three months ago and still doing fine. I wonder why they took it so long get listed on MNO. Anyway, OnlineInvestmentBank is on my Premium list now offering one investment plan which accepts LibertyReserve and PerfectMoney from a $10 minimum and pays a reasonable return of 7% daily for the duration of 20 business days. The principal is already included in the profits which means that after four weeks (20 business days) you will end with 40% pure profit. Withdrawals are processed only on business days (from Monday to Friday) and are paid within 24 hours of request. OnlineInvestmentBank is running off a licensed GoldCoders script and is hosted on a dedicated server by Dragonara who also provide DDoS protection. More on the program will be told in the upcoming review of OnlineInvestmentBank to be posted on MNO soon.

The second program is called NeoProgress and it has been online for five months already during which some investment plans were changed and some more payment options were added. Currently NeoProgress offers four investment plans with principal returned on expiry – 1.5% for 30 days, 1.8% for 60 days, 2% for 90 days, 2.2% for 100 days. The minimum starts at $10 and the plan will be assigned to you by the program’s original script as there are certain ranges for each plan and by depositing a certain amount you cannot deposit in more than one. There is a wide choice of payment options accepted ncluding LibertyReserve, PerfectMoney, AlertPay, SolidTrustPay and even direct bank wires (starting with $1,000). The website of NeoProgress is very well designed and structured with all the information available including contact details (phone numbers and address in UK where the program is registered). On all your investments made in NeoProgress you will be issued an automatic contract in pdf format which is also a welcome addition together with instant payouts that are processed to all investors. I think overall NeoProgress looks like a very interesting program with flexible and reasonable investment plans, wonderful website with comprehensive and detailed information, providing instant payouts and rich with investment options. So I’m really looking forward to reviewing it on MNO in a few days. Stay tuned for that, guys!

That’s all I have to report for today. Tomorrow a review of SilverPinePartners is going to be posted as well as all the news. See you all tomorrow on MNO when I also plan to launch my new monitoring page of which I will tell you about tomorrow as well!

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