Beware! PaidJack has stopped paying! Do not invest!

Hi everyone! Out of a fairly mixed bag of online HYI programs added to my monitor this last week – and I know there’s been something for everyone with short, medium, and long term programs – the one I’d have to say arguably looks the most sustainable in the long run is one called PaidJack, which is probably best described as a long term opportunity. I mean I know this industry is unpredictable at the best of times and every now and again you simply need to take a complete gamble and there’s an overwhelming number of factors that can affect a programs performance, but at the end of the day the most important question that comes into play is simply this: If the program is professionally managed and run with the intentions of generating as much money for as many people as possible, can they afford to to sustain the interest payments to you long enough for you to earn a profit? In my opinion when it comes to PaidJack the answer is yes. Not only can they keep the program online long enough for the first investors to make a profit (like for instance we might see with the better shorter term games around right now) I think it can be a serious long term player in the HYIP industry. Certainly going by previous examples there are many many precedents out there of programs that made similar offers to this one that ran for as long as 18 months and more. I’m not telling you it’s going to happen here, merely pointing out that it’s a distinct possibility.

There’s just one investment plan open to investors in PaidJack so it’s a pretty straight forward decision for you. You either like it or you don’t, but I do think it’s deceptively simple and can if you plan it right put you into significant profit a lot faster than it might look at first if you plan it right. So while I described PaidJack as a longer term HYIP above, that’s not strictly true. There’s no expiry date on the plan and it’s up to you when to take back your principal and leave. That can be a week, a month, a year, or anything you like. But whatever it is the fact remains that you will continue to get paid by the program for as long as you remain a member.

And the plan itself is remarkably simple. It offers one single interest rate to all investors regardless of the size of your deposit. You can join for a minimum spend of $20 and are free to spend pretty much whatever you like after that. In return you are offered a weekly payment of 7% interest for either however long the program runs for, or however long you choose to remain a member.

If you don’t really like the idea of “no expiry” plans and prefer it when you have a definite and pre-determined picture of where your investment is going then don’t worry. PaidJack can accommodate you on that if you like. Just because there is no set expiry date doesn’t mean you can’t cash-in your deposit and leave the program with whatever profit you have already withdrawn. And the fact that this can be done for a very reasonable fee of just 10% (I’ve seen other HYIPs charge 50% or more!) means that you can actually be in profit from as quickly as two weeks. And it has to be said that’s competitive with a lot of the higher impact short and medium term programs around.

So if we take a simple example of a $100 investment, PaidJack will return $7 per week indefinitely. As I said you can leave when you want but keeping in mind the 10% withdrawal fee you will have to remain a member of at least two weeks in order to guarantee a profit. Personally when it comes to these perpetual style programs I prefer to leave my own deposit there for the duration of the program’s life time. Of course it’s utterly pointless to even try and predict how long that will be, just as it’s pointless to predict your eventual profit. But as I said you can be in some profit after as little as two weeks, but exactly how much profit depends on yourself and your own individual strategy. If you do intend to remain a member of PaidJack as I do for the program’s duration however I can tell you that it will take 15 weeks to reach the “break even” point, ie the moment your interest payments equal that of your original deposit and you can’t possibly lose any money no mater what happens next. So like I said I can’t tell you how long PaidJack can run for but at the time of writing I think it can very comfortably run much longer than that. Especially now that the industry is making a marked recovery after the annual summer slowdown.

Payment options while limited, are at least limited to the two single biggest providers in the industry – LibertyReserve and AlertPay. Your payout will have to be made by the admin manually so you will have to request it from inside your PaidJack account area. Once done you are required to give the admin 24 hours to get everything processed for you.

Aside from the investment plan being firmly grounded and quite sustainable, the other thing I like most about PaidJack is the script. It’s not one that we see all that often in the industry (partially because of the price) but whenever we do come across it it’s a quality sign. It comes from the programmer Gotenks (who has a highly respected reputation in the industry) and anytime we have seen his scripts used in the past only one word comes to mind – perfection. Never have I once been aware of any security issues in any of the programs using his services, so while the cost might be one thing you get what you pay for and the admins that have been prepared to work with this product in the past have generally turned out to be very serious and committed men. Let’s hope PaidJack is no exception. Hosting is on a dedicated and DDoS protected Staminus server.

The program is another (and there’s plenty of them) program claiming to generate profits from online gambling. Partially true anyway if we consider that the entire online HYIP industry is a form of gambling but I don’t think that’s the point the PaidJack admin was trying to make. And even if it was true you have to remember that every gamble ends with two things – a winner and a loser. So there’s no real guarantee that results will go your way all the time, particularly when it’s somebody else playing with your money. So while I do believe PaidJack is probably worth the gamble at this point I also have to remind you that it needs to be a modestly priced one, and preferably as part of a wider and more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

I’ll start the update tonight with news that PowerfulStrategy is now accepting all the four popular payment processors. SolidTrustPay has been added today in addition to the AlertPay, LibertyReserve and PerfectMoney. There was a short update regarding that appeared on the website of PowerfulStrategy today:
“According to numerous requests from our investors, we added the ability to make an instant payments and withdrawals via Solid Trust Pay. If you want to us to add another payment system, write about it, by filling the contact form in our web-site.”
While the admin is known for being a good communicator, PowerfulStrategy is well known too for it’s stable performance and over three months of instant payments for deposits starting from $1 – 1.8% for 10 business days, 2% for 25 business days, 2.3% for 60 business days, 2.8% for 120 business days – all with principal returned on expiry. More on PowerfulStrategy which has just reached the top three most popular programs on MNO can be read in this review.

UnitrustDirect (reviewed here) is intensifying its advertising campaign and is becoming more active on such popular networks as Facebook and Twitter. The active members of the program that help them get the point across and advertise UnitrustDirect there will get some bonuses paid directly to their accounts. So get registered in UnitrustDirect and start getting paid for your active participation as encouraged in the latest update posted on the program’s website today:
“Follow us and get rewarded
If you`ve found our services efficient and helpful, please don`t keep us a secret: follow us on both Twitter and Facebook, tell your friends and followers about our company by retweeting and liking our posts and receive a bonus to your UnitrustDirect account! The more retweets and likes on Facebook and Twitter, the higher the bonus!
Please contact us to confirm your reetwets and likes and receive the complimentary bonus to your UnitrustDirect account.”
I remind you that more information on UnitrustDirect is in my recent interview with its administration published here. The program is now offering many plans with instant payments via LibertyReserve and PerfectMoney processors. The current plans include the following – 14.7% for 7 days, 3.9% for 30 days, 2.91% for 60 days, 3.1% for 120 days, 102.5% after 5 days, 107.1% after 10 days, 123.8% after 25 days, 194% after 65 days, 403.4% after 125 days.

The admin of BaseBucks Jo has decided to upgrade his listing on MNO to Premium and hopefully that means that he’s ready to answer some interview questions. BaseBucks has been monitored on MNO for over three months already and is paying variable daily returns until you obtain 200% of your original deposit made via LibertyReserve and starting from $3 (please read more in my detailed review of BaseBucks posted here). Apart from its investment plan the program has also a cycler which resets on a weekly basis and where you have the opportunity to earn 118% when you reach the top of the queue while unpaid deposits are moved to the original investment plan. I myself tried this feature today and made the first deposit which you can see here. Note that the cycler accepts direct deposits in multiples of $3 and you can set the amount to reinvest yourself from 0 to 10.

The newest short-term program launched today and just added to MNO a few hours ago is called AuruMoney. This is yet another in a long line of similar programs accepting LibertyReserve and PerfectMoney starting from $10 and paying on expiry of multiple investment plans – 105%-128% after 1 day, 128%-240% after 5 days, 165%-500% after 10 days, 200%-800% after 15 days, 1000%-2000% after 37 days. Payments from AuruMoney are not instant but are processed within 12 hours of request. The program is running off a licensed GoldCoders script which should be familiar to most investors and is hosted on a dedicated server with DDoS protection by DdosWiz. More on AuruMoney you will be in the upcoming review on MNO in a couple of days, however, please note that usually the sooner you join this type of program the sooner you will be in profit. So have a look at AuruMoney now and decide if you like it or not yourself.

Here is the list of the programs that paid me for the last 24 hours:
PowerfulStrategy, NeoProgress, FIPO, SafeDepositary, After60Days, PrimFix, BruyetteInvestment, InvestNetGroup, StockBiz, PermanentProfit, HyperCompound, RichesBank, ViscoCorp, BaseBucks, TopsFund, StableProfit, PokerProfits, LargeProfit, WinnerEarn, SuperHotPay, TrustIncome, PerfectLottery and HitNRunMasters.

That’s all for today, guys. I hope to see you tomorrow with a review of a long term program called FelminaAlliance and daily news from the industry. Good luck with your investments and keep checking the most comprehensive and up-to-date source of online news from the HYIP industry – Money-News-Online!