Beware! KISnP has stopped paying! Do not invest there!

Hello all! If like me you ever get a bit puzzled if not downright amused by the names HYIP admins seem to pull out of the air for their programs, then you might like the latest addition to the MNO monitor’s Standard List yesterday called KISnP. This is an acronym of “Keep It Simple ‘n’ Profitable”, and I guess something we all look for in out online investment portfolios. I mean what could be better than “simple and profitable”, right? So before we get to today’s news stories I want to take a closer look at KISnP and the plans on offer to the investing public. Let’s see if it really lives up to its name.

To start with KISnP have a fairly intriguing mix of plans which although quite individual and distinct from each other and covering a very wide area would still all fall under the same umbrella as long term low ROI. There’s five plans in total to choose from which can be separated into two different categories. “Simple” wouldn’t have been the first word I’d have come up with myself in order to describe them, but if you just take a few minutes to read through the plans you’ll see that they’re not all that difficult to get to grips with either.

Just one point I’d like to make very quickly before I describe the plans in more detail. KISnP impose a withdrawal fee on all your payments. I’ll explain that in a moment after I tell you about the plans, but just keep in mind before proceeding that the interest rates I’m going to describe to you below will not accurately reflect the payments you receive from the program.

Starting with the first category, KISnP have three “perpetual” plans to choose from. By that I mean investment plans with no expiry date, so in other words once you join KISnP will continue to pay you and interest dividend for however long you decide to stay a member. Investments are subject to a minimum lock-in period, but once that has expired then you are free to either withdraw your principal and leave KISnP completely or leave it in place and continue collecting interest payments either for as long as the program survives or until you finally decide you do want to leave.

So for this section the minimum to invest is $10 and for that you can get into KISnP‘s Forever Daily Plan. For anything up to a maximum deposit of $10,000 you can earn a daily interest payment of 1.1% per business day. I can’t really give you any practical examples of how that will work out as everybody’s investment will be different here, but the only stipulation is that you must leave your principal in place for a minimum term of 150 calendar days. At that point your payments will have accumulated to 110% anyway so you’re already well in profit (you’ll break even after 91 business days) and so it’s up to you whether you want to leave it at that and withdraw from KISnP completely or else, as you’ve recouped your investment anyway, stay a member and continue to earn. Just note that you only have the option to leave after 150 calendar days. If you choose not to take it that doesn’t mean your money is stuck in KISnP either as you can leave anytime you like after that. So once you reach the break even point all you need do is decide what your personal goals are from there – ie double your money, maybe earn a different predetermined amount, stay a member until the very end, et cetera et cetera. But assuming the plan survives the full cycle the minimum profit you should be leaving with is as I said around 110%. Do your own calculations for anything you want beyond that.

Slightly more expensive though slightly more profitable is the Forever Weekly Plan which carries a $25 minimum investment tag. It works a bit like the last plan with no fixed expiry date as such, just with KISnP giving you weekly interest payments. The rate is 6.25% per week and your money is subject to the same 150 day lock-in period. After that the only thing determining how much you earn from KISnP is how long you decide to remain a member. By the time the lock-in period expires you should have earned something around 131% so that’s the least profit you should expect. If you’re happy with that you may collect your principal and leave. Alternatively if you are pleased to have recouped your initial investment and would like to gamble on how far the admin can take KISnP next then you may stay a bit longer or until the program closes. Just decide what you think is reasonable to expect from them and do your own calculations as to how long it should take you to get it. Maximum spend here is $25,000.

The third no-expiry plan from KISnP will cost you a $250 minimum to join. Again your deposit is subject to a 150 calendar day lock-in period, so as long as you are happy enough with that however much longer you opt to stay a KISnP member is entirely your own business. But as long as you are a member, you can expect a monthly interest payment on your investment. The rate is 30% per month so by the time you’d actually be able to leave the program you should have collected around 150% in total. After that it’s the same story – take the money and run if that’s what you want, or stick around if you think KISnP has enough of a long term future to mke staying put worth your while. Though with monthly payments as opposed to daily (or even weekly) ones I wouldn’t imagine it’s a risk the more experienced players will care for. Maximum invest in this plan is $250,000.

The second group of plans are about as far away from the “simple” in the program’s name as I can imagine, and to be blunt they haven’t been described all that well on the KISnP website. They are however aimed more at the larger investors anyway so a lot of you will hardly notice, though still, they could have been done a little better.

So we continue with what KISnP call the Daily Plan One, despite not actually making daily payments (hence the confusion). You can join for a minimum deposit of $500 and the investment term runs for 50 calendar days. During that time you receive one interest payment every ten days of 45%. That’s five payments in total. On receipt of the final installment your payments should come to a total of 225%. Another major difference between this and the other group of plans is that in this case KISnP will not be returning your principal. They’ve already included it as part of the payments so you can consider your total earnings as your own money back plus 125% net profit. Maximum spend is $50,000.

And lastly KISnP have what they call the Daily Plan Two, though again daily payments are nowhere to be seen. You can join for a minimum deposit of $1,000 and the term runs for 80 calendar days. By joining you can expect one interest payment every ten days – that’s eight payments in total – of 37.5%. When you receive your final payment they should all add up to a total of 300%. KISnP will not be returning your principal on completion of the term. So that’s your own money plus 200% net profit.

Payment options are pretty basic at the moment but the admin promises that all that’s going to change soon. For the moment (at the time of writing) KISnP are only taking LibertyReserve and PerfectMoney. Coming soon, or so we’ve been promised, are SolidTrustPay and Payza. It could be argued that maybe the admin would have shown a more professional approach had he taken care of all this before he actually launched the project, though it hardly matters now. If it’s an issue for you then you’re free to wait for your own favored processor to be added. Meanwhile payments to existing processors are made manually and will need to be requested from inside your KISnP members area. Payments are processed between Monday and Friday only, and you are asked to allow up to 48 hours for the admin to complete the transaction. So remember to be patient, particularly if making a withdrawal on let’s say Friday evening. The minimum withdrawal from KISnP is $2 by the way, so smaller investors please take note of that, especially if your in the daily payments plan.

One very important factor that I mentioned earlier you will have to think very carefully about before spending so much as a cent with KISnP however is their withdrawal fees, because this is something that’s going to have a massive impact on your earning potential. So much in fact that the interest rates publicly advertised by the KISnP admin bear little relation to the amount of money you will actually see when receiving your payout. The reason for this is that all KISnP payments are subject to a whopping 7% withdrawal fee. This is quite punitive in my opinion as the payment processors currently in use typically don’t actually charge more that 0.5% to 1%, so it’s hard to see how the admin justifies this. Anyway, his website, his rules, so take it or leave it. Just be sure to include this fee when calculating your imagined earnings and re-adjust your figures downwards to include it.

The KISnP website is fully SSL encrypted which is always a good thing, making transactions more secure and making it an overall safer place for browsing. The script is customized and a modified version (though also a licensed one) of the PHPFlux HYIP script. The program’s hosting provider is EasyCloud – not a name I can say I’ve seen hosting HYIP related websites in the past – and it’s not on a dedicated server. In fact KISnP is sharing the server with no less than 67 websites, however the admin assured me when I asked him that this was not a major concern for him. He says the level of DDoS protection provided by them, called CloudFlare, is more than adequate. Well, I wouldn’t call myself an expert but as we all know DDoS attacks are endemic in the HYIP industry so I guess we’ll find out soon enough if their protection is suitable for a website in this business. If you have any questions about that or any other aspect of KISnP then you can get in touch with the admin by filling out the electronic support form and submitting it via the contacts page.

The website content, ie the texts, seem to be original though don’t really give a lot away about whatever KISnP claim to be doing with investor’s money. Typically for an online HYIP there are no more than very vague hints at playing the ForEx markets, stock markets, and precious metals. Nothing explained in any great (or even minor!) detail of course and nothing you can research and prove for yourself, but there you go. So as always tread carefully no matter what you’re doing in this industry, set yourself a strict spending limit that you know you can afford, and if joining KISnP then remember it’s best used as part of a diverse and varied portfolio.

DAILY NEWS FROM THE INDUSTRY

ROICREDIT – STP ADDED AND A TECHNICAL ISSUE FIXED

Let’s start today’s news with an important update from ROICredit (reviewed here) which at the moment is the only program on Sticky listing on MNO. After the recent addition of Payza and yesterday’s SolidTrustPay integration ROICredit is growing rapidly with attractive investment plans of 3%-4% for 60 days with principal returned on expiry. Fast payouts are made to all payment processors which also include LibertyReserve and PerfectMoney. Here is the news regarding STP and instructions how to add your STP username:
“STP Added !!
ROICredit is pleased to announce that we have got our STP account verified. We have added STP as our 4th Payment Processor. Henceforth investors can invest in our program using STP. As this is an additional feature investors need to update STP username in user panel for which Transaction PIN is must. For those investors who are unable to reset Pin, Please send us a support Ticket along with your Username & STP username so that the same will be updated in Master file.”

As with any program there can be occasional glitches from time to time, but the admin of ROICredit John (interviewed here) reacts quite fast and makes sure everything gets fixed. Just recently some members accounts were credited with payments twice, but it didn’t take them long to fix it and everything was back to normal within 12 hours. By checking them one by one something could easily be missed so in this case John asks members to contact them asap and promises to fix any discrepancies in your cash balances. Note that your account in ROICredit might be negative due to deductions made because of double payments, so please read the following update carefully before submitting a support ticket:
“Glitch in System – Withdraws on Hold for 12 Hours
We have identified small glitch in system due to which few users were credited Interest twice on 23/05/12. Due to voluminous amount of depositors whom we need to verify we would request users to wait for 12 hours before raising any withdrawal. Thanks in advance for your Cooperation.
Missing Interest.
We are glad to inform that our support Team had worked continuously and within few hours rectified all the errors. For those who got twice the interest earnings on 23rd May a penalty has been sent & for those who did not get Interest a bonus has been added accordingly. We request users to go through your individual accounts and in case of any discrepancy do create a support ticket in department “Missing Interest – 22 & 23rd May” which will attended at at faster pace”.

SILVERSTRUCTURE – FURTHER EXPANSION ON ALL LEVELS

It was no surprise to see SilverStructure steadily climbing the MNO ratings and reaching the #4 position on my monitor, earning a place on my list of the Best 5 programs on MNO (click here to read more). After 80 days online SilverStructure (reviewed here) is definitely expanding on all levels and their popularity is growing day after day. Plans offer 2% for 150 calendar days plan with principal returned on expiry. The admin of the program Gabriel was interviewed on MNO which you can read here to learn about his goals, also mentioned in today’s newsletter which was possibly the longest ever issued by him. With the number of investors exceeding 8,500 and over $550,000 in deposits and growing daily, the recent addition of SolidTrustPay to join Payza, LibertyReserve and PerfectMoney seems to be attracting a lot more members. The advertising efforts campaign is also paying off it seems, and SilverStructure has expanded its list of representatives, hiring new staff members to handle support tickets and even making a promotional video which you can see when you log into your account. They promised to make a splash page for promoters shortly which would contain this video. The full SilverStructure newsletter can be read below:

“SilverStructure news 2012-05-24
Dear SilverStructure member,
We are now approaching 3 months of online operation of SilverStructure and we are very pleased to inform you that the overwhelming interest in our venture has exceeded our expectations already so far. If you have been following our goal task bar inside the members’ area, you will have noticed that each of our set goals has been achieved, well within the set timeframe. At the time of writing this newsletter we have more than 8500 registered members and between them we have been able to increase our active trading balance with more than $550,000. We have set new goals and are expecting to reach these as planned. We are confident of this as our early members, who did not choose to compound, are already in profit overall and many will be re-investing some of their profits to build a higher daily interest, and still be in a loss-free position. Each day more members will be in the same position and we also experience that all other members are very satisfied with our performance and stability.
Our investments results for the past few weeks were fairly stable as the Silver price continued to increase and with only a few falls in prices that were quickly recovered, the results have been quite stable. Some people have been asking us how are we making money from SilverStructure and the answer is pretty simple; we are earning more than we are offering you and this excess is split into a reserve fund and our profit margin. SilverStructure has already allowed us to increase our investment capital and assets, but our goals are much higher than where we are now. We are looking to become a multimillion-dollar venture that will not only put our personal financial lives on a whole new level but also provide our investors with long-term income sources.
A while ago, we added SolidTrustPay as an additional choice of payment processing. Many have chosen to use this processor when joining SilverStructure, but also a large amount of existing members have added a new deposit using it. SolidTrustPay offer an efficient bank wire system and also offer members the choice to fund with a credit card. We do recommend using bank wires or bank deposits, as credit card funding fees are considerably higher.
Some of the most respected industry leaders and bloggers have shown to be very satisfied with the performance of SilverStructure and most are rating us amongst their top choices. SilverStructure occupies the 4th position at MoneyNewsOnline, in the top 10 at PrivateHyipBlog and is on the list of the top 5 programs of the month at HyipInvestigation, just to name a few. These reviews are the proof of the efforts we have put into SilverStructure since the day we first opened to the general public. We look at them as a great indicator that we indeed are on the right path to reach the very top of the industry.
To further expand the promotional tools available we have created a video, built by professional producers, which you can use when you are promoting SilverStructure or to show your friends and family your new income source. It provides a short, but still high quality source of information about who we are and what we do. Very soon a splash page will be available containing the video and linked to your referral ID.
Our representatives program has more than 250 active and excellent representatives. We are still receiving applications and are studying them carefully. Those we approve are placed on a waiting list to fill open representative spots as they appear. We check our representatives’ activities on a regular basis and those not providing the expected services will have their memberships downgraded to a standard account, leaving place for the next qualified person on the list. As SilverStructure continues to grow we will increase our systems capacity of total representatives, so if you are thinking about joining our team, please submit your application already now to be amongst the first in line.
We have received a large amount of messages from investors telling us about their disappointing experiences with HYIPs and other types of online gambling. We would like to reinforce that SilverStructure is a real investment program and those of you who have been with us for a long time, also before we expanded online, already know this of course. If you are still tempted to try these other kinds of programs, the best tip we can give you is to do some deep evaluating research before parting with your money. Pay attention to how hard they have worked to build their site, how hard they are working to promote themselves and how communicative they are. Do not spend large amounts of money that you need for paying bills and remember to use search engines, forums, blogs and well reputed monitors to be able to make better choices.
Also some of you have experienced problems accessing our site using Internet Explorer. We highly recommend that those of you having issues, changing your browser to either Firefox or Chrome. Our servers may end up blocking your IP after multiple unsuccessful login attempts, as our security settings are very strict. Browser compatibility is important and Internet Explorer has known issues of incompatibility with an array of standards.
SilverStructure would like to welcome Lydia and Sidney, our two new employees who have just joined our team of professionals to keep up with increasing daily tasks. Hiring new people for our team is a continuous process to keep up with the number of people joining us each day and we are pleased to be surprised how quickly we have and are growing.
Our communication and marketing team would like to thank you for your participation on our Facebook page and also for your commentaries about SilverStructure on forums, blogs and monitors. In such a competitive industry, you are the ones pushing SilverStructure a little closer to our goal of being the number one program of the industry each and every day.
Once again, thank you for choosing SilverStructure and being a part of this journey.
SilverStructure Administrator”.

SOLIDVENTURES – SUDDEN CHANGE OF INVESTMENT PLAN

For some unknown reason the admin of SolidVentures recently changed their investment plan from the original 20% for 6 business days as featured in my review of the program published here to a more profitable 50% for 3 business days offered from today. Please note that the conditions of investing in this plan remain the same as SolidVentures accepts SolidTrustPay, LibertyReserve and PerfectMoney starting from a $10 minimum. However the old plan was totally scrapped so you can’t invest in it anymore. The advertising banners purchased on MNO were also changed to reflect the new rates. Existing members of the old plan will be still paid under the old terms but no further deposits are taken.

This sudden change of plans in SolidVentures was not even officially announced on their site and so caused a lot of confusion. I asked for an explanation from the admin and he told me only that it’s a promotional plan which will be available for this weekend which I find hard to believe. Anyway, such changes are usually clear indication of cashflow issues and that the admin is looking for new money. I can’t say for sure if SolidVentures is going to stop paying within the next few days, but the fact that this plan was added really close to the weekend when interest is not credited to members accounts makes me think this may be a stalling tactic to stop all the payouts on Monday, when another payment due to those in the new plan. That’s why I would not recommend investing in SolidVentures until at least Monday when we see how they progress. For now SolidVentures is still paying to everyone as far as I know, but I would request MNO readers to stay vigilant and let me know me if they are not paid within 72 hours of their withdrawal request. I promise to maintain the true status of SolidVentures on my site and will display in on Paying status for as long as the program keeps paying to everyone. However, the newly added plan makes me doubt they can keep this up for much longer. So draw your own conclusions and proceed accordingly.

PLEXCAPITAL – CASHFLOW ISSUES AND A NEW PLAN ADDED

Another program sending strong signals to experienced investors about possible cashflow issues today is PlexCapital (reviewed here) whose admin seems to have found a great solution by slashing members’ earnings from 1.2%-2.7% for 365 days to 0.5%-2% for 365 days. As in the recent case with GeniusVenture (reviewed here) also run by the same admin whose tactics were exposed in the article devoted to one of his other programs EzProfit (click here to read it) he chose not to announce it publicly and instead has just added a new plan. Please note that investing in this plan offering 10%-15% for 180 days is not recommended. As usual with all his programs which MNO is not going to accept for monitoring anymore, if you invest in this plan your deposit will be locked for the duration of 180 days and the admin only returns it and the profits together in one big payment on expiry. The scam of course is that this never actually happens. There will be another silly excuse how they sent you a check in the mail which the post office inevitably loses, or they claim you are not the correct owner of the account and you stole (hacked) it from someone. In a nutshell, you will never be paid by PlexCapital, so don’t even think of joining, especially as the minimum amount accepted set at $250:
“Plex 180 Plans Launch.
Interest send to your account daily for 180 days. Principal including interest return. Compound not available. Pay 7 days a week. Principal included interest return. Limited investment amount offer.”

ONEINV – ANOTHER SCAM LAUNCHED

As PlexCapital will probably continue for another six months with the slashed interest rates and new scam plan in place, another program from the same admin – OneInv (reviewed here) – is set to scam in three months. With the newly introduced 1,800% after 90 days plan the admin is hoping to scam some gullible investors naïve enough to buy units costing $500 each(!) for the same outcome described in the PlexCapital news. Please note that the admin of OneInv also ran EzProfit in the past and pulled exactly the same stunt which eventually led to banning all his future programs from MNO. So don’t be fooled by the old marketing tricks of “limited supply”, even installing a fake counter on the website. You’ve been warned! Those receiving daily payments from the original 0.6%-1.2% daily forever plan can relax for a few months, but further investments even in that one cannot be recommended. So please read the latest news and stay away from OneInv, even if you still get paid today:
“Premium 90 Plan Launch !
Due to successful of Premium 150 plan, now we decided to launch a shorter term plan Premium 90,
Premium 90 plan pay 20% daily to your account for 90 days. Total 1800% return. Principal deposit not return. Your pure profit will be 1700%. Limited units investment offer. 1 unit = $500.”

FOREXPROGRESSIVE – RECOVERY PROCESS UPDATE

After many days of silence and much negative feedback regarding the non-credited deposits after the supposed database crash, the admin of ForexProgressive (reviewed here) has finally found time to update his members. Unfortunately there was nothing new, just asking members to be patient, send him the newly created account and deposit details, and continue to wait. Please note that this only applies to all those with deposits in ForexProgressive via LR and PM, while those who had deposits in Payza will probably need to contact the payment processor to receive a refund. The ForexProgressive admin confirmed that their Payza account was put on hold, therefore there is not much hope they will be able to continue using it in the future. To tell you the truth, I think the blame for this entire mess lies squarely with the admin. It’s a perfectly reasonable reaction from Payza investors when you consider he made next to no effort to update anyone on the recovery process. Despite the payments to LR and PM getting paid instantly to those whose accounts were recovered (including mine) I feel this update might be too little too late, and asking members already waiting for their accounts to be credited for weeks to be patient while watching other members get paid is not good enough. It’s an exceptional level of unprofessionalism from the admin and I would NOT recommend any further investments there at this point. Moreover, if my readers accounts are not going to be credited by the end of the week I am ready to move ForexProgressive to Problem status permanently, even though I appreciate today’s update:
“Recovery Process
Hello everyone,
After we faced a database error that was impossible to be solved, we are currently in the process of recovery all data in manual mode. If you are experiencing trouble while logging in to your account, please register a new one and send us your username and all your deposit details (namely the transaction in your payment processor account). Recovery process is rather difficult and 48 hours we have announced earlier is not enough for us. For this reason we urge you not to send additional e-mails to us as this will not make the process faster in any way and will only lower your inquiry status. After you will have your account recovered you will receive payouts instantly as usual in case you use Liberty Reserve, Perfect Money and Bank Wire. AlertPay/Payza users will not receive their payouts at this time as due to a large amount of disputes we have out AlertPay/Payza account temporarily hold. Currently our legal department does everything in their power to sort every dispute out and get our account unblocked.
Stay with us and follow all the news releases.”

GET PAID REPORT FOR 24/05/2012

Here is the list of the programs from my monitor that paid me for the last 48 hours:
From MNO Sticky list: ROICredit, SolidVentures.
From MNO Premium list: NewGNi, Royalty7, OneInv, SilverStructure, EurexTrade, ENR-G, ProfitableSunrise, BensonUnion, GeniusVenture, DividendService, SolidForexLtd, FixedMonthlyIncome, FelminaAlliance, PlexCapital, MetalROI, PrimeAlliance, ForexProgressive, ProgressIncome,   MidasFinance.
From MNO Standard list: PanamaHegdeFund, InternationalForexLLC, KISnP (the first payment received).
From MNO Basic list: UFOWin, Trig, DailyReturns (the first payment received), XtraForex (the first payment received).

That’s it for today, guys. Sorry for not updating you yesterday, but I hope I made it worth your while with the extensive analysis and unbiased views I put into every issue of my news updates. So see you tomorrow with all the latest news from the industry!