19/05/09. LonixFinance Review and Other News

THIS PROGRAM IS PAYING SELECTIVELY! PLEASE DON’T INVEST!

Hi all! It seems there’s never a dull moment at money-news-online with a brand new crop of investment programs to be reviewed this week. I guess being kept too busy can hardly be a bad complaint to have these days now can it? And also following yesterday’s revised review of NovalexFinance (read it here) I may also do a revised version of my review of another long standing favorite that has undergone a number of positive changes recently. I’m talking about GoldNuggetInvest here, but I haven’t really decided on a schedule for that yet.

Anyway the first of the new batch of programs I want to talk about this week is called LonixFinance, and it is perhaps the one I am least excited about. Although having said that, I wouldn’t be entirely negative either. There is just room for improvement I suppose. It’s a short term HYIP which I know is popular with many readers and to its credit it’s quite simple and uncomplicated. LonixFinance describe themselves as having four investment plans, but I think a better description is that they have just one plan with four variations therein. And it works out as follows. The plan runs for 4 days and will pay, on a daily basis, high rates of interest based on the size of your principal. Keep in mind that the principal is already factored into your payouts so don’t expect that to be returned at the end.

The investment amounts and returns offered are, starting from a minimum of $5 and up to a maximum of $1000, 26.6% interest per day for 4 days. I imagine this will prove the most popular option amongst those of you wishing to participate so I will suggest a practical example of an imaginary $100 investment. That would get you a daily income of $26.60 for 4 days, totaling $106.40.

The next option is for investments from $1,001 to $4,000. There might be a few takers for this one, provided you have that kind of money to spare, so it works as follows. For four days you will receive a daily payment of 27.5% of your principal, which is again already counted in your payments. The minimum spend, if you are so inclined, will net you $275.27 per day up to a total return of $1101.08

The remaining two options are a little rich for my liking, or at least for me to be advising you on. But just briefly the offer is of 28.5% daily for $4001 to $10,000 and 30% daily on amounts above that to a maximum of $50,000. If for any reason that interests you I suggest you speak to your bank manager first. I suspect he will tell you the same thing I would, lol!

Payment options accepted by LonixFinance are reasonably good for such a short term HYIP and include SolidTrustPay, LibertyReserve, PerfectMoney and StrictPay. For some unexplained reason there are non-functioning buttons on the homepage for AlertPay and EcuMoney. Neither of these two payment processors are accepted, nor do I believe they are going to be, so their names should really be removed. It just looks like a sloppy and amateurish attempt at looking better than it actually is, despite the fact that the choice available is already pretty good so it’s completely unnecessary. That said however the returns are not quite as high as you may first think by just looking at the rates of interest they pay, due of course that the plan only runs for four days and keeps you principal. Why is that significant? Because it’s more sustainable than many we see from similar programs and that can be a major contributing factor in keeping LonixFinance online just that little bit longer.

Something that blows a bit hot and cold with LonixFinance is the security. A licensed script from GoldCoders is a welcome sight of course, but not the fact that it’s hosted on a shared server is not. There is also a very poor level of protection from malicious DdoS attacks in place which throws the program wide open to all manner of problems. So far I haven’t described anything here that can’t be fixed but if we are to take any program and its admin seriously these are issues that need to be addressed before they commence trading. I simply do not want to know about what you are doing to protect your website after I have given you my money. I want to know that before I invest. But it’s not too late to fix this, especially if the admin wants to seriously take advantage of another major factor in his favor. The fact that the program is new and still has a chance to make a reputation for itself.

Other than that the design is good, despite the texts being a straight copy/paste from another source, and customer support is available only via the usual e-mail ticketing system.

So my final verdict is that LonixFinance has bags of potential but is far from the finished article. It doesn’t take an enormous amount of work to turn a pretty average short term HYIP into a better, approaching good one. But I don’t see that happening here. Proceed with the usual warnings in mind and regard this one as I do for now: good for a gamble if you enjoy playing online games, and an opportunity to maybe make an easy few bucks before the week is over.

Other news for today.

I would like to start today’s news section with the long-awaited update from one of the best HYIPs now – GoldNuggetInvest (reviewed here). I’m aware that there were some issues with PIN-codes and support requests being not answered and finally we got a reply from the administration of GoldNuggetInvest and its admin Robert personally (you can read my recent interview with him here). In a nutshell, the server upgrade has been completed successfully and if you still have an issue with your PIN-code not being sent to your email account from GoldNuggetInvest the answer is simple – change your email and sign-up to Gmail. I have been using Gmail (or Google Mail) for some time already and I can confirm that it’s one of the best choices for an investor. Getting a Gmail account you can be absolutely sure that you will receive all the emails including PIN-codes very fast from any program.
On the more important topic – GoldNuggetInvest ceased the Daily Variable plan and now only the Weekly Fixed 6% plan is left (by the way, if you invest $21K and more you will be paid 7.5% fixed weekly). I think it’s a very rational and logical decision based on the fact that such program with thousands of members investing hundreds of thousand of dollars like GoldNuggetInvest simply can’t afford the huge work overload processing all the daily payments. Remember that they have to make profit from arbitrage betting as well and it’s not an HYIP which we are more used to in this industry. More than necessary was the introduction of the minimum to withdraw which is now set to $1. All the withdrawals less that the minimum will be returned to member’s accounts.
But wait… You might have a question about what you should do if you already have a deposit in the daily plan. Well, I do not need to repeat what exactly you should do because it’s already perfectly explained in the long and detailed update sent to all the members of GoldNuggetInvest last night. If you haven’t received it you’re free to read it below:
“As should be fairly obvious, we have been making changes to enhance the project GNI and ensure it is there for the long term.
Therefore the decision was made to close two of our plans, the Daily Variable and its sister, the Daily Variable Rollover.
It has become labor intensive and has forced us to place an increasing amount of time to properly run the program; taking away from our most important aspect, earning the arb profits.
To permit those who wish to remain with GNI (by entering into the Weekly Fixed) we are enabling those members who were part of the Daily Variable the option of participating in the Weekly Fixed Rollover program.
This is not an invitation for new members to join into the Rollover program, this is ONLY available to those who would otherwise be forced to leave us altogether without this option.
To recap, Effective May 18th, the GNI Daily Variable Program and Daily Variable Rollover Program will cease paying interest altogether. Members have 30 days to take a payout or roll their program into either the Weekly Fixed or the Weekly Fixed Rollover Program(s).
After thirty days, all unclaimed accounts will be absorbed into the program and no further activity will be permitted.
REVISED PAYMENT AMOUNTS:
Effective immediately, no payouts will be made via Payment Processor which is an amount less than $1.00. Withdrawal request of less than $1.00 will be returned to the members account balance.
HOUSEKEEPING ISSUES:
To expedite the recovery of not posted earnings from the now former Daily Variable Program, Todd has asked that you provide the following information.
Clearly outline the Principal amount invested from which the missing earnings should be obtained, the ecurrency or payment processor and the date(s) that are missing.
The following is an example which is unacceptable….
“please credit my missing daily variable deposits.”
The following is an example which is acceptable…..
Please credit my missing earnings derived from the following Principal Deposits from the Daily Variable Plan on April 11th
1. $35.00 deposited on December 24th. SolidTrustPay
2. $29.00 deposited on Feb. 22nd. LibertyReserve
What this will do is allow Todd to verify the missing earnings instead of having to go through each page of your transactions and try to figure out what is going on and try to tabulate your missing earnings.
Remember, this is your money. We assume you understand the GNI program before you invested your funds. If you are not interested in the correct tabulation of your earnings, how can you expect us to be interested?
If you show that you are interested in properly calculating these missing earnings, you can count on our 101% effort to ensure it’s accurate.
Moving along……
As you should all know by now, we have installed new, enhanced and significantly more powerful servers. And due to this and DNS propagation issues some of you are not receiving the IP change login PIN.
Folks, we can’t MAKE you do anything you don’t want to do, but we are strongly encouraging all of you to utilize Google Email (Gmail) as your contact point with GNI. There are very few, if any compatability issues. Those of you who insist on using AOL, Yahoo, Safe-Mail, SBC Global, Comcast, Cox, Verizon….don’t even send us a Ticket. They don’t work with our Security Enhanced Software and they won’t in the future either. Climb on board to the Gmail Revolution. (No, we’re not getting any referral fees from Google, it’s just a fact).
MISSING DEPOSITS FROM SOLIDTRUSTPAY, STRICTPAY, LIBERTYRESERVE OR PERFECTMONEY DUE TO THE SERVER UPGRADE:
By now all missing deposits should be credited to your accounts. We do have a few large dollar deposits made by some GNI members who failed to put either his or her GNI Account Info, Identifying email address or other information devoid of helping us identify its rightful owner(s).
It’s absolutely critical for members, ON ALL DEPOSITS, that your GNI User ID is somewhere on the transaction statement. It’s only for your benefit in the unlikely event your deposit is routed into Cyberspace. Help us, Help you!!!
We are encouraging those of you who are able to utilize our Direct Bank Transfer scheme. It will save you $$ and keep one less set of eyes on your confidential transfer of funds.
More enhancements and upgrades will be announced next week.
Thank you and our warmest regards, Robert, Jurgen, Todd and staff“.

I would like to make another comment on the subject of SilverLodge. I know I promised to shut up and let them pay but they simply don’t allow me to do this by feeding me with more lies than I can digest. This morning I received a very angry email from the admin of SilverLodge Louise (interviewed here) where he asked me why I put negative info about his program yesterday on my blog. No word about his “illness” which he told us about earlier, but he confirmed that they had met with the investors in London. The reason why I was not invited was as lame as usual. It seems this time it wasn’t because he was ill. This time he couldn’t text me because of a so-called “bouncing” of sms-messages. First of all, there is absolutely no problem with my phone number, it receives calls and texts from any valid number in the world. Second, even if we assume it was true he could still phone or email me. Moreover, I suggested he give me his phone number so I would call him to arrange the meeting but he simply ignored that request possibly being afraid of something.
Well, and let me be clear about this, I was never against SilverLodge and I still consider it a simply great program in terms of fast payments and stability but I also can’t tolerate lies. I’m not a fool and can well understand that he just used me to cook up some lies regarding our “alleged” meeting in London and he probably thought that I would just swallow it and continue as if nothing happened. Well, he was mistaken.
I remind you that it was totally Louise’s idea to meet me in London as a response to my request of the verification of their address in Kensington High Street in London (I remind you that as a registered entity SilverLodge has its address there). He replied to me that he was operating his program from Austria and offered to meet with me in London instead. Surely I was very excited about this as I thought SilverLodge would become the first program personally checked and recommended by Money-News-Online blog. Then he postponed our meeting to the end of April, then to the 15th of May, then he said he was ill, but still met with all the investors on the following day which nobody could confirm.
Does this smell a bit fishy to anybody else here or am I just being paranoid? I mean why can nobody actually confirm that they met Louise? Why has nobody received the MasterCard which they promised to send to members who requested it a long time ago? And why finally has the website which was going to start trading silver never been launched?. Am I the only one who asked these simple questions which nobody could answer? Am I not entitled to ask them? Am I trying to destroy SilverLodge by simply requesting that investors be told the truth in return for their money? Am I the only one that thinks that all promises should be fulfilled and if you arrange a meeting with somebody you should go there and talk to the guy when you promised to do so many times publicly? Am I asking for too much? Well, I don’t think so.
Anyway, in a nutshell, I simply replied to Louise that he can meet me any day, any time in London. If he can’t phone me he can email me or give me his phone number so we could arrange the meeting finally. I somehow doubt very much it’s gonna happen. Yes, and SilverLodge is still paying on time and is one of my favorite programs. However, the admin Louise has lost a lot of credibility in my eyes and it will depend only on his actions now if he’s going to regain my trust. And I don’t think I’m asking for too much from him, only the proof that he is what he says he is. I remind you that the meeting was his idea, for the purpose of confirming that SilverLodge is a genuine business with legal status, and of proving their trading activities. On both counts he has failed. I can only wonder why he ever suggested a meeting in the first place.

EwoCapital (reviewed here) keeps working on its site by adding more payment options to the investors. This time StrictPay has been added after the verification procedure is done. So from now on you can make your deposits in EwoCapital using StrictPay as well:
“Today, StrictPay has been integrated into our site. Our account with StrictPay has been verified and allows us to process your StrictPay investment and withdrawal transactions. We have really enjoyed doing business with StrictPay.”

FlowBroker (reviewed here) is one of the programs that without making a fuss continues performing well for about the last two months. Those who joined FlowBroker together with me two months ago should have been well in profit by now as with the plan 2.6%-3.7% for 50 days you could earn from 130% of pure profit on your investment (plus 100% principal return). The program is still paying on time and today FlowBroker announced the new compounding plan where you yourself are able to set the compounding level from 0% to 100%. The new plan should be of interest for such investors who like higher rates for longer periods of time as FlowBroker will pay you 3% daily for 100 days and return your principal on expiry. So joining the new 100 day plan in FlowBroker you will break-even in 34 days and for the rest of your investment term will be receiving pure profit. If the program survives 100 more days the lucky ones who invest in this new plan will receive 300% profit on their investment and with compounding option this amount can be even higher. To invest in the new 100 day plan in FlowBroker you should have at least $15 in your LibertyReserve or PerfectMoney account:
“Dear member, We would be happy to inform member that now compounding plan is available. You can select for this plan on member area. Thank you.”

These are the programs that paid me today: Fexity, USDozen, GeniusFunds, LonixFinance, NanoMoneyCorp, AsianInvestGroup, SilverLodge, NovalexFinance, TraderSolid, Treckswana, TheDollarDiggers, Verifield, PanaMoney, MajorBarter, Ivy-Castle, DamexTrade, CascoFunds, GearsOfProfit, ForexExperts, FlowBroker, EwoCapital, EnscoOffshore, HighRiseFinance, NorthBizz, Poplans, StableInterest, EdwardBrownInvestments and SigmaTral (the first payment received).

By the way, SigmaTral is a new very promising site which I was among the first investors to join and even announced it on major forums. The admin of SigmaTral Trent asked me to do it and I checked out his program which I really liked mostly because there is a wonderful choice of all the popular payment processors on offer: LibertyReserve, PerfectMoney, AlertPay and StrictPay. SolidTrustPay will also be available for making deposits into SigmaTral but later, after the verification process is completed. The program is hosted on a dedicated Staminus server and has SSL-protection for the accounts, it’s running on GoldCoders licensed script and has an eye-catching layout. The plans in SigmaTral program are low-ROI but quite sustainable in the long run. There is a Daily plan where you will be paid 1%-1.5% daily for 90 days, with your principal returned on expiry. If you wish higher rates and don’t mind getting paid weekly then the Weekly plan is what you need. You will be paid from 10% to 12% weekly for 12 weeks and your principal will also be returned on expiry. The minimum to invest in the Daily plan is $5 and $10 in the Weekly plan. So we can say that SigmaTral is quite affordable for everybody.

If you prefer faster returns I have another program for you to look at. It’s called UnitFX and it has been running successfully for 12 days. UnitFX accepts LibertyReserve and PerfectMoney only and offers you direct payouts to your LR or PM accounts. You will be paid from 15% to 17.5% daily for 8 days depending on the amount deposited or 130%-160% after 8 days. I suggest you to go with the daily plan as it’s less risky. The minimum to deposit is only $5 and there is no script installed on UnitFX site so you can invest straight away without any need to register. Despite that UnitFX program has no script it has just a superb DdoS-ptotection from BlockDos and hosted on a dedicated server. Add a great design here and we will have a undoubted hit in the HYIP industry called UnitFX. I’m going to write the detailed review of UnitFX on my blog after I receive the first payout. So stay tuned for that and see you on my blog tomorrow!