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

Hi everybody! As we move deeper and deeper into the autumn now there does seem to be a noticeable increase, maybe improvement is a better word, in the industry as of late, with more good news stories than bad and new decent quality programs starting up. I’ll be getting to the news as always in the second half of todays update, but first I want to start off with a closer look at a brand new program that just launched called PrimeEnergy. It’s more of a medium to longer program that claims to be involved with investing in green energy sources. Well, you can believe that or not as you please, I’ll just take a look at the main features of PrimeEnergy for you here and you can decide for yourselves whether you think it might be a worthwhile pick for your portfolios or not.

You have four investment plans to choose from in PrimeEnergy, all of which run for various different terms and all of which require different amounts of money to join. And there’s a good mix in there as well so there might be something to suit the tastes of a lot of readers. The first and most affordable of these is called The Biomass Plan which can be joined for just a $10 minimum deposit. It runs for a term of 20 calendar days making it the shortest of PrimeEnergy‘s plans, and offers a daily return of 1.4% interest. This adds up to 28% in total by the end, so clearly you won’t see a profit until PrimeEnergy add your principal to this on expiry as promised. The maximum spend allowed here is $299.

Let’s have a look at a simple example and take a $100 deposit. That will give you $1.40 in daily profits and end up with $28 in total by the end of the investment term. Your original deposit will be handed back to you as well, but you don’t actually break-even until the end, so keep this in mind when commiting your funds to any investment plan in PrimeEnergy.

For a $300 minimum you can join The Solar Plan which runs for a 30 calendar day term. Payments are still made on a daily basis, and the rate goes up to 1.7%. This comes out at 51% in total, which will be your final net profit only when PrimeEnergy return your principal on expiry. The upper limit for deposits in this plan is capped at $999.

A more generous rate of 2.1% per calendar is available for members joining PrimeEnergy‘s third option, The Geothermal Plan. Problem is it’ll cost you a $1,000 minimum to join, but if that’s no obstacle for you then the term runs for 60 calendar days during which payments should add up to 126%. This becomes your net profit upon the return of your principal, though you should at least break even (earn back an amount equal to your investment) after 48 days. Maximum deposit allowed by PrimeEnergy for this plan is $2,999.

And lastly for the really big spenders PrimeEnergy have The Wind Plan. For this one you’re going to need a $3,000 minimum deposit to join and the term runs for 90 calendar days. Interest payments are made by the day and are at a rate of 2.5%. In total these payments come to 225%. PrimeEnergy should then add your principal to that, leaving it as your final net profit. The maximum deposit allowed is $50,000, and you should break even after forty payments.

Despite being a brand new program something that was already improved on in PrimeEnergy was the list of payment processors. As many of you will already be aware the whole verification process that admins need to undergo before being allowed to add SolidTrustPay as a payment option is a bit more lengthy and thorough than other providers. So initially on launching PrimeEnergy was taking EgoPay and PerfectMoney, both of which are fine options by themselves, but it seems the STP verification was well underway already as that’s been added now as the third payment processor. Payouts to members are all handled manually by the PrimeEnergy admin and so will not be made instantly. They will need to be requested from inside your private members account area, and once done you will need to allow anything up to a possible maximum of 24 hours for all pending transactions to be completed. Please note that while minimum transaction requirements are generally dictated by the individual payment processor you are using, in this case PrimeEnergy have a minimum withdrawal policy of $1 to all three payment handlers so smaller investors take note. You should also be aware that there is no early withdrawal option, not even for a fee. That might not be all that much of a consideration if you’re only committing to the 20 day plan, gut if you’re taking PrimeEnergy up on their 90 day plan then make sure you have the patience to wait. Then again, as I pointed out it only takes 40 days to break even so it’s not as difficult as it might look at first glance.

Something that quite impressed me about PrimeEnergy right from the first time I saw it was the really bold design with its bright vivid colors. Not that it makes your deposit any safer mind, but don’t underestimate the importance of a good first impression in helping establish a new program. It’s not just cosmetic either though, as the security of the PrimeEnergy website seems thankfully to be something that’s taken seriously. Most of the experienced players in the HYIP industry know by what can be taken seriously and what can be regarded with a bit more caution when it comes to such things, and PrimeEnergy seem to have gotten it right with a lot of things here. For example for a hosting provider they went straight to BlockDos which is of course renowned as the best in the business. They’re certainly not the cheapest option but you get what you pay for and going to anyone else so often proves to be a waste of money in the long run when they can’t provide anything even approaching the same level of service. Needless to say then that downtime shouldn’t really be that much of a worry for either PrimeEnergy admin or members alike. The program is running off a unique and custom made script, though I must say in terms of appearances it does borrow quite heavily from GoldCoders. I don’t mean that in a bad way or anything, in fact if anything it makes the site more navigable and lends a more familiar feel to it. For an extra layer of security the PrimeEnergy website is also SSL encrypted by Comodo. The domain name is registered for seven years (until 2020), which can be a sign of the admin trying to make a good impression on new investors in everything he does.

If you have any further questions for the admin that you think weren’t really explained here or have any account related issues that need to be dealt with then you can reach PrimeEnergy by various channels. The most obvious way for most would be to fill in your details on the online support form and submit it via the contacts page. Alternatively you can just write directly to the admin at the e-mail address listed. You’ll also see a postal address there although generally these tend to be serviced offices used more for mailing purposes and not where you’d normally expect to find anyone connected with the HYIP that’s using them if you were to pay them a visit. There’s a phone number that goes with the address however, so you might have a bit more luck with that despite there being no information there as to what time of the day – if ever – you might find an operator to actually answer. One other thing, and at the time of writing isn’t fully up and running yet but is in the planning stages, is the regional representative program. You’ve probably seen these used before by some of the most successful (and less successful!) programs in recent years. But just in case, it’s basically a system where regular PrimeEnergy members who have some experience in this area will offer their services as customer support operators. Some basic contact details for these individuals will be displayed publicly on the PrimeEnergy website, and then other members who let’s say speak the same language or live in the same country/region can contact them directly with any questions. There’s obviously going to be a limit to what these people can do for you in the event of there being a problem with your account, and whatever payment they receive for exactly requirements the admin asks of them is a private matter between them, but that’s the general idea anyway. But if there’s any readers who’ve done it before then you probably have a better idea of this than I do, so if it interests you then contact the PrimeEnergy admin for details. I’m sure we’ll start seeing a couple of names popping up on the list in the coming weeks.

There’s certainly a strong green theme running through the program with PrimeEnergy claiming to be involved in the area of renewable energy sources. The texts and website content seem original, though the actual claim itself is not. In fact numerous online HYIPs tried to claim more or less the same thing in the past, and the only thing they all turned out to have in common was that they were just that – online HYIPs, no more, and no less. So I don’t really see anything that would suggest you need to treat PrimeEnergy any differently than any other program you find on the net. That means always setting a sensible spending limit based on how much you can afford to lose, and if you’re going to join PrimeEnergy at all then do try and keep them as a smaller part of a wider more diverse portfolio.

DAILY NEWS FROM THE INDUSTRY

MIGHTYASSETS – COMPLETELY BACK TO NORMAL AND PAYING STATUS RESTORED

I must say I was really impressed by the determination of the admin of MightyAssets Robert yesterday. Despite the long time that took him to fix the numerous issues caused by the original mistake of going with iWeb hosting in the first place and then having to move the site with the full database of over a thousand members to new servers, MightyAssets finally came through and the admin actually paid all the pending withdrawals and credited the members’ accounts with missing deposits. Today it appeared that the mail server also started to work as I received many confirmation emails of referral commissions credited to my account over the last 48 hours. All in all, I’m happy to report that Robert actually lived up to his promise to bring the site back online and his program only was put to Problem status on MNO blog for a few hours yesterday while I had to make sure it was running smoothly before returning it to Paying status. I hope that the awful disruption that occurred over the first few days online and caused so many headaches both to the admin and the members will be a good lesson for other HYIP admins not to cut corners on DDoS protection and go with the best option (in this case, BlockDos) right from the start and avoid the unnecessary havoc and disruption. It might be just a blessing in disguise though, because any later and it might all lead to a premature collapse. For now I will see if the program is running smoothly until tomorrow when I’m planning a more detailed review. MightyAssets has been running for a few days now paying on a 4% for 50 days plan via SolidTrustPay, EgoPay, and PerfectMoney for a $10 minimum. For now you can read the latest update posted on their website yesterday:

“BLOCKDOS Protection + Temporary Issues Solved
We are extremely sorry for the last 36 hours which had interrupted our services. Since we were in the process of BLOCKDOS protection to ensure our project security! , Due to the process we had faced a bunch of problems which has taken more then 24 hours to get it fixed. Email’s are not getting delivered at your mailbox we know that! Our technical team is working on that to fix it asap! All payments are processed now!. Missing deposit’s user can send us an email at : Mightyassets.com@gmail.com We will add your deposit asap!
Sorry for the inconveniences you faced
MightyAssets Administration”.

GENIUSCAPITALLIMITED – FIRST CYCLE COMPLETED AND MNO REVIEW ANNOUNCED

For the last couple of days the first investors of GeniusCapitalLimited managed to complete the first investment cycle and received their principals back on expiry of the shortest term investment plan paying 2% for 15 business days. Two other investment plans – 2.5% for 30 business days, and 3% for 60 business days – will definitely find their admirers as well, especially now that the admin finally added SolidTrustPay to the list of payment processors that also includes EgoPay, PerfectMoney, and OkPay. Since the big launch of GeniusCapitalLimited was announced on the MNO ShoutBox even weeks before the event (as the admin paid for the top banner on my blog for three months on advance), the program has been developing nicely and getting more attention offering instantly processed payouts on amounts less than $500 (larger sums are processed by the admin manually for security). The admin’s dedicated work in expansion and improvement and the prompt and instant payouts made GeniusCapitalLimited a huge success after achieving the #7 spot on the MNO Premium List in a matter of just three weeks – a level many other programs with similar plans failed to achieve. Congratulations then to the first investors of GeniusCapitalLimited on their first profits and urge those still sitting on the fence to read my detailed review of the program published here in order not to miss possibly the hottest program of this autumn. In the latest newsletter from the GeniusCapitalLimited admin Ralph, he also mentions the program’s first investors in profit and shared a link to the MNO review with the members. Here’s the newsletter in full:

“3 Weeks Online & First Principals Returned
We would like to announce some great news at GeniusCapitalLimited.
Yesterday, October 8th, our first investors were able to make withdrawal requests for their initial contribution amounts (those who deposited into GCL Starter plan). It means that yesterday GCL was celebrating three weeks online or a period of 15 business days. All principal withdrawal requests up to $500.00 were paid instantly, while larger ones were processed within a maximum time of 6 hours.
Since the day 1 we have been advertising our project according to our marketing plan. On this subject we would like to encourage you to read a professional review of GCL. It was done by Money-News-Online blog and, sincerely speaking, this is ultimately the best source of fresh and unbiased news in the industry. Here is the link: http://money-news-online.com/blog/2013/09/18/18092013-geniuscapitallimited-review-daily-news-industry/
Should you have any questions about our services, please contact our customer service at support@geniuscapital.net
Yours Sincerely, Ralph Bancroft (Director)”.

POKERBYPROXY – PROFITABLE WEDNESDAY

Wednesday’s result from PokerByProxy was more than positive and after Tuesday’s disappointing 3% loss rallied to a 3.2% profit yesterday. The full report is below:

“Wednesday 9th October 2013
Result 3.20%
Report This morning our team started early, determined to make up for yesterday’s loss. They started out playing $1/2NL Holdem’ and eventually moved up to $2/4NL and then $5/10NL later in the afternoon. The plan for the day was to be slow and steady, and earn a solid return, regardless of how long it took. By around 3pm, the team had achieved just what they set out to do, a return of 3.2%.
All accounts have been updated with the result.”

PokerByProxy was first reviewed on MNO here and won huge attention from readers. Many were attracted by a feature few other HYIPs offer – total control of your own deposit meaning it’s up to you when and how much you withdraw. The variable daily profits (of up to 25% daily) or possible losses (capped at 5%) are credited to your account daily and immediately become an integral part of the principal, so on the following day you will get earnings on an even higher amount. So you can improve your earnings like this as there were more profitable days than loss days. You can get your principal or any part of it returned within 24 to 48 hours to PerfectMoney, SolidTrustPay, EgoPay, HD-Money, BitCoin, and even PayPal, WesternUnion transfers or direct Bank wires. For further information you can read my interview with the PokerByProxy admin Patrick published here.

UNICOFX – 20 DAYS ONLINE AND MNO REVIEW ANNOUNCED

While it might seem at first glance that the first 20 days online the admin of UnicoFX Ryan bragged about in his last update is not very impressive, you should really take a look at the program’s investment plans first. UnicoFX has a huge variety of them all paying on expiry a fixed return depending on the invested amount which can start with $10 minimum via EgoPay, PerfectMoney, or HD-Money – 104%-125% after 1 day, 113%-195% after 3 days, 125%-275% after 5 days, 180%-950% after 15 days, 270%-2250% after 30 days, 400%-3950% after 50 days, 2000%-10000% after 100 days, 1200% after 10 days. They were all discussed in more detail in my review of UnicoFX which can be read here and which the admin kindly shared the link to with his investors. You can read the newsletter below:

“20 Days Online
Hello. I hope you are doing well,
I would like to notice that we have already passed 20 days of successful work.
We will try to provide better services with reliable investment plans and balanced strategy for long term cooperation.
You can find many positive votes in popular financial forums and blogs, I think it’s a better thank for our Company. Our main mission it’s provide better investment opportunity in the web.
You can read review in many popular blogs like:
Money News Online – http://money-news-online.com/blog/2013/10/07/07102013-unicofx-review-daily-news-industry/
Some of video review you can always find in Youtube like http://www.youtube.com/watch?v=3_uSCm_3zdc
Also every day you can find a lot of new reviews in the web.
Thank you for choosing our company.
Kind Regards, Ryan Stevenson
UnicoFX – Unique Opportunities”.

BILLIONAIRESGROUP – ACCOUNT SECURITY CONCERNS AND WESTERNUNION ADDED

The admin of BillionairesGroup Rex (interviewed here) is obviously very concerned about some security issues which investors might face from possible hackers and therefore dedicated a full article today to explaining how his program fights such challenges. In other news from BillionairesGroup (reviewed here), it was reported that the program can now accept investments via WesternUnion, and although I couldn’t find that option in my member’s area I imagine you need to contact the admin for details. At the moment BillionairesGroup is already offering a very wide variety of payment options which include PerfectMoney, EgoPay, SolidTrustPay, OkPay and PexPay. BillionairesGroup has been on MNO Premium listing for nearly two months now paying promptly on the 2%-4% for 120 business days investment plan with the principal return on expiry. The full newsletter is included below:

“ACCOUNT SECURITY
Dear Members,
It is with great concern to us that all members keep their BillionairesGroup account very secured.
We entreat members to always confirm their E-currency account details during withdrawal to ensure your funds are not deposited into the wrong account. Remember that hackers are always trying their possible best to steal from you whiles you try your best to make money.
If in any case you experience login problem, be ready to answer some few security questions for us to ensure you are the rightful owner of the account.
Kindly cooperate with us on this issue of security as we will not be held responsible for sending funds into wrong account..
We aim to serve you better but kindly assist us on the security of your own account.
Finally, we have added Western Union Withdrawal and Deposit Option for all members.
Kindly contact support or your representative if you need more information.
Thank you
Admin. BillionairesGroup”.

MUTUALWEALTH – 10% BONUS OFFER RECEIVED

I’m not sure if the latest bonus offer was sent to only a selected number of investors of MutualWealth, but I received it today and would like to share it with readers anyway. You can find the letter I got from Wealth Management Department Nicholas below:

“10% Bonus Offer
I want to thank you again for putting your trust in our investment firm. For the last several months you have been able to see for yourself the benefits of High Frequency Trading portfolios, combined with our state-of-the-art account management portal and excellence in client relationship services. In the last 3 months we were able to achieve one of the bests quarterly results in terms of return on investment. We also succeeded in expanding our client base by 12%. We admire your loyalty as a client and would like to offer you a chance to receive a 10% bonus on any additional investment to your account. To qualify, the additional investment must be at least $1000. As a part of this offer, the maturity date on your existing investment will not be changed by this subsequent investment. The offer is valid for 2 weeks from the date of this E-Mail. Attached to this E-Mail are the banking details that you should use for your transfer in case you do decide to take on this offer. If you have any questions about this offer, don’t hesitate to contact me at any time.
Looking forward to hearing from you soon.
Nicholas Flemming
Wealth Management Department
Fleet Mutual Wealth Limited
Hong Kong”.

MutualWealth (reviewed here) usually credits investors’ accounts with weekly earnings at the end of the business week on Friday. You can then withdraw to PerfectMoney, SolidTrustPay, EgoPay, or BitCoin, or withdraw via a direct bank wire transfer. Usually I request payment to PerfectMoney which has a smaller minimum and my account in PM is then credited within seconds which is very convenient. Although MutualWealth has been on MNO for about two months the program has not really become popular among readers yet due to its high investment minimum (starting from $100) and conservative weekly returns in comparison to most other programs. MutualWealth pays 2%-5% weekly for 30 days, 2.5%-6% weekly for 90 days, 3%-8% weekly for 180 days. The interest is variable and is credited to your account in the program on a weekly basis depending on the trading results. The initial investment is then returned on expiry and can be either withdrawn or re-deposited to the plan of your choice. Since MutualWealth has been paying since January 2013 many members are in profit, but the program is still running in a low-key mode which possibly explains the bonus offer for larger deposits.

SABROTECHNOLOGY INTRODUCTION

The newest addition to my Premium listing today is SabroTechnology. The program has been running for over three weeks which means that the first investors will soon be in profit. The investment plan in SabroTechnology pays from 5.14% to 6.34% daily profit over a period of 30 calendar days. The amount is fixed and depends on the invested amount which can start from $25 and is accepted via EgoPay or PerfectMoney. The original principal is already included in the payouts and is therefore not returned on expiry. So your pure profit at the end of the investment cycle will be from 54.2% to 89.6%. The program is running off a licensed script from ShadowScripts which doesn’t come cheap, and the website is SSL-secured by Comodo. Hosting is on a dedicated and DDoS protected server by BlackLotus. The main peculiarity of the site (mostly due to the script) is the necessity to fund your e-wallet first and only after that re-distribute your funds to the investment plan by clicking the Token tab you’ll see on the left side. Apart from that I don’t believe you will face any difficulties in SabroTechnology and should be paid by the admin manually within a 24 hour maximum. I hope to get paid myself soon and then will schedule a more detailed review of SabroTechnology hopefully by Sunday. Stay tuned for that, guys!

GET PAID REPORT FOR 10/10/2013 

Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: –
From MNO Premium list: PureIncome, EmpireFinanceGroup, FidelisFinance, RFIGroup, CatenaFinance, PokerByProxy, GeniusCapitalLimited, SolomonHit, StrongInvestment, BillionairesGroup, EndoInv, CrestFunds, InvGlobal, InvOil, MightyAssets, PrimeEnergy.
From MNO Standard list:  OilGroup, UnicoFX.
From MNO Basic list: InvestmentCapital, GulfInvestmentClub, WelorTrade, Brows&Co.

That’s about it for today. See you tomorrow with a more detailed look at MightyAssets and the usual daily news from the HYIP industry and your favorite programs. See you all then!