28/08/09. GeniusFunds Updated Review and Other News

THIS PROGRAM HAS BEEN PUT ON HOLD! PLEASE DO NOT INVEST THERE!

Hi everybody! I don’t know about you but I’m feeling on top of the world today. Literally! That’s because I’m writing this evening from Iceland where I will be for the next week. The bus ride I took around Reykjavik felt like I just landed on the moon but the city itself looks quite interesting. Certainly the most different capital city I have seen anywhere. At first glance it almost looks like a huge fishing village but after exploring a bit last night it really is quite a lively and vibrant city.

Getting back to business though, I want to return to an old favorite of mine. One that I know many of you are already familiar with. And profiting from. I’m talking about GeniusFunds of course and regular readers might remember that I have been promising to update my previous review of it (published here) for some time now. I think today would definitely be the best time for it though, and definitely be the most beneficial time for those of you still not involved to go back and give a serious re-think about joining.

But first of all let me answer a couple of quick questions you might have. First of all why do a second review of a program that’s already been covered elsewhere on MNO blog? Well the simple reason for that is that there have been significant changes to GeniusFunds since the previous review almost six months ago. And not just changes for the sake of change but ones that have greatly improved an already excellent online investment program and greatly enhance the whole experience.

The second question relates to the timing of this review. Why do it today and not next month? That’s a bit more tricky but I think we can all acknowledge the signs that the current feeding frenzy that qualifies as the short term HYIP business at the moment is beginning to slow down. Short term programs are great up to a point and they definitely have their uses but we all know they are completely unsustainable. So for the benefit of those who have profited from the recent spate of short term programs but now wish to hang on to their winnings and put them somewhere a bit more reliable like GeniusFunds. Less exciting perhaps, but in the long term more profitable.

So what’s new with GeniusFunds? Well for a start the plans have been expanded considerably although there is still the healthy mix of long and short term investment options that have made GeniusFunds so distinctive in the past. The basic workings of GeniusFunds also remains essentially unchanged. You will still need to open an account with them first, then deposit into that account before ultimately directing your funds into any combination you please of the plans available. This is done by buying “shares” in the various plans. One single share costs just one single dollar. Or in other words once you have made the minimum required deposit you may then continue to add to it or withdraw from it in blocks of $1.

The main plans as outlined in my last review are still in operation. Again you can refer back to that review anytime but I’ll just give you a quick reminder that there is a plan that pays daily and a plan that pays weekly. The ROI available to be earned from either is variable so it’s a little difficult to offer examples of what you might earn for your money. But GeniusFunds do provide us with a recent earnings history so you can give yourself an idea of the recent average. The minimum amount you may invest is based on how you choose to join, i.e what payment processor you use. I will explain that in a moment but remember that there is no maximum figure.

The plans still have the same lofty titles as always. The first plan is called the “Emerging Markets Growth Fund”. There are three variations here depending on how much you want to spend but they will all make daily payments. The interest rate will vary from 1% to 1.9% per day and is based on the type of share you wish to buy. For the so called Common Shares you need to spend at least $10 and will earn from 1% to 1.2% per day. For Preferred Shares the minimum rises to $500 and the daily rate varies between 1.1% and 1.4%. For a minimum of $5000 you may purchase Premium Shares and they will earn you a daily rebate of between 1.3% and 1.9%. All payments are made on business days only and there is a lock down period of 150 days on your principal.

No less of a mouthful comes the grandly titled “World Bond Market Fund” and this is where you want to be if you’d prefer a slightly increased return on your investment paid on a weekly basis. It works a lot like the previous plan with your dividend being paid according to the particular type of share you have bought. The shares themselves remain at the same unchanged price of one dollar each and you may buy them as follows. Common Shares still take a minimum deposit of $10 and pay between 6% to 6.5% per week. Preferred Shares need a minimum purchase of $500 and offer a return of 6.5% to 7% per week. And for $5000 you may buy Premium Shares that offer a weekly dividend of 7.4% to 9%. The lock down period for your principal is 180 days this time and payments are made every Monday.

The next plan however is something you may not all be so familiar with as it has only come into play more recently. It’s called the Genius HYDA and it replaces the Genius CD account which was described in my previous review. So how does that work? Well for all intents and purposes it’s a bit like its predecessor in the sense that it’s intended to resemble a sort of online bank account. You will be paid a fixed rate of interest on your account. There is no “investment term” here as such. All that is required of you is to give 10 days notice of your intention to make a withdrawal. The interest earned depends on the amount you keep in your account and works like this. For amounts between $300 and $2000 you will earn 14% monthly. $2001 to $5000 will earn you 18% interest per month. And for the last of the big spenders out there an account balance of between $5001 and $25,000 will get you a fixed monthly income of 25% interest on your deposit. You should be aware that you can withdraw as much as you like but once your account drops below $300 you will stop earning interest. The other thing is that as your balance can fluctuate as you decide to deposit or withdraw so your interest rate will be calculated daily but accumulate to the figures I have mentioned above assuming your balance remains between the specified parameters.

One of the other major changes to have been implemented by GeniusFunds since they last graced the pages of MNO is the list of payment options open to you. It’s been vastly improved upon and this can only have boosted an already buoyant level of investor confidence. The payment methods now include LibertyReserve, PerfectMoney, SolidTrustPay, AlertPay, and bank wires. Please be aware of the fact that your minimum investment will vary according to your processor. You can deposit a minimum of $10 if using LR and PM. You may only deposit a minimum of $50 if joining via AP or STP. Bank wires are only available to deposits of $500 or more.

So if you’re pleased enough with all of that then your next question is probably going to be “how safe if the whole thing?” And the answer to that is “very”! A dedicated server with the very best level of anti-DDoS protection is provided by BlockDos who as I have said countless times before are simply without a seriously close rival, never mind an equal in this area. The best proof of that of course is to research this yourself and see if you can find any serious downtime issues with GeniusFunds since they first launched. Don’t spend all day looking though, because there isn’t any. The script is also custom built and unique to their program. And there is also the secure SSL encryption as provided by VeriSign. Quite clearly security is something taken very seriously by the administration and rightly so. Let’s hope others will take note.

And the level of communication between program and member is still the shining example of how this should be done in the HYIP industry. Time and time again we have seen programs first of all fail to live up to their full potential and ultimately collapse well before their expected expiry date all because the admin is not capable of keeping his members up to date. Not so with GeniusFunds who offer one of the best customer service networks available anywhere in the online investments industry today. To begin with the site is fully integrated with several different languages and this list was recently expanded to include English, Chinese, Indonesian, French and most recently Spanish. That should serve the dual purpose of making GeniusFunds accessible to a maximum number of investors while also freeing the support staff to concentrate on more serious matters other than fielding questions already answered elsewhere to people who may not understand English all that well. Live Chat is available 24 hours per day so you can often expect a quick answer in real time to your queries.

There is of course a lot more to GeniusFunds than just your average online HYIP but I think I have covered them extensively on MNO throughout my time as a member. I think however as the main reason for this update is to inform new readers and remind old ones that there is still a viable and profitable alternative to the short term high risk programs that have dominated the online HYIP world during recent weeks. And GeniusFunds is one of the leading lights. We’ve seen a lot come and go recently but they remain a constant presence. Few expect that to change anytime soon. Myself included.

Other news for today.

Starting with not the best of news items at all today, BestInv is seemingly on the verge of collapse. To tell you the truth the small withdrawals are still being processed while the bigger ones have all but totally stopped. This is the usual outcome for games like BestInv definitely was from the very beginning. It was enormously popular though and continued for about 50 days which was a very good achievement for such a short-term program. Little comfort to those who lost out I know, but that’s the risk you should have known you were taking. The admin of the program Olivia seems to have disappeared from the forums and doesn’t answer emails. The program has been moved to Problem status on many good monitoring sites including mine so please beware of the bad ones that still list BestInv as Paying. They really don’t care about anything other than their profits, do they?

Some people complained to me that their accounts in another short-term program PlusInv were suspended and that it was caused by too many people signing in from the same IP-address. While it might be not a good way to punish the investors (we should remember that the admin of PlusInv was banned from MMG forum for using multiple usernames as well) but that’s how it works in this Industry. Possible referral cheaters are not tolerated by many admins and in this case I can’t help you to get your money back from PlusInv as I’m not the one who makes the rules in these games. Apart from that incident all the payments in PlusInv are being processed on time and so far it was an excellent choice for those who prefer such high-ROI but high-risk plans of 112% after 3 days, 130% after 7 days and 310% after 30 days which PlusInv is offering. For more information on PlusInv program please refer to my detailed review of the program (published here) and my interview with the admin Jenny (published here). By the way, Jenny just sent out another update concerning the stats of the program, a new ref contest and some exciting new plans that are yet to be announced. Here is the latest newsletter from her:
“Hi everyone it’s Jenny, the admin of PlusInv.
First of all i would like to thank all of you investors and active members at forums and monitors. Keep doing it so we will stay at the top spot!!!
We are online for 21 days now with more than 3800 active investors and we are just at the start and of course we will keep with this growth for a long time.
A couple of updates for the upcoming days:
First off all we are going to deactivate the 10% bonus for investments more than 500$, for 20 days.
We paid more than $9,355 bonuses for our serious members on their first investment and we think we cleared that we are very serious and going to stay here for a long time.
Second thing that’s in progress is to add some new plans to our site.
We will update you all with our newsletter and of course you will see those updates in the forums and blogs.
Third thing that’s in progress is a referral contest that will take place soon just for spread the whole world
I also want to noticed you about that we have more than 30 monitors to our site that you can always check here.
Don’t forget to vote us at monitors and post your payments proof at the forums.
We will keep giving bonuses for active members as we gave to more than 100 members already.
And last thing is if you have any question our support team will be glad to help you asap with a lot of pleasure
Well that it for today and i will keep you all updated very soon about our new plans to make this site more and more special.
Have a nice weekend and wait for the next updates.
Best regards, Jenny. Admin of PlusInv.”

Some good news came from RoyalFex (reviewed here) today. Remember that yesterday I moved the program to Waiting status on my monitoring page? Well, today I finally received all my pendings to STP so I have moved RoyalFex program back to Paying status. It’s really true then that sometimes they come back. HYIPs I mean, not gremlins, lol.

It would be fair to say the very same thing for TenTraders as well. The site has returned online for many people and I just got into it a few minutes ago. They have changed the servers to BlockDos but I think the propagation process hasn’t finished yet. So even if you can’t access TenTraders right now you should allow a little bit more time for the propagation process to be completed properly. Here is the official update regarding this from TenTraders admin (interviewed here):
“Hello TenTraders Members,
We migrated on a new hosting BlockDos.net
Now site is up and we are working again.
I see some of you have problem to load site.
Please delete your browser cache and cookies, restart browser and try again. Hope this helps you.
So maybe we see some technical issues on our new server, this is natural, because time of this server and so some functions are difference from previous.
We strongly recommend you to check your deposit after making it.
We will send pending withdrawals in about 6 hours.”
I will be moving TenTraders to Paying status straight after some withdrawals are processed. So far the program is still on Waiting status on my monitoring page.

SolidTrustPay payment processor has been finally added as another payment option in GloriousProfit program (reviewed here). The admin of the program Chris reported in the latest update that everything is going smooth after 17 days online and hopefully after the introduction of STP as a payment option many investors who prefer this processor will take the opportunity to invest into GloriousProfit program that pays from 5% to 5.5% (depending on your deposit) for 30 days. Here is the latest newsletter from GloriousProfit:
“Good Day Everyone, I just have a short and much anticipated update for you all.
Today, on our 17th day online we are more than pleased to announce to you that we now accept SolidTrustPay! After many days of contact with SolidTrustPay we have got our account finally verified!
I have integrated it into the system already and you can now make a deposit into your account. It’s all ready for you and has been tested as well. If you our one of those members who has been waiting for this processor than now is your time to join GloriousProfit and start your earnings too!
The contest is going well too. If you have friends who want to join and for you to possibly win a contest then invite them here and you may win some cash prizes.
Thanks all for today everyone. And thank you everyone for your terrific support throughout the major forums and monitors! The future is bright for GloriousProfit!
Thanks a lot. Chris”.

I remind you that GoldNuggetInvest site (reviewed here) may be still inaccessible for some of you. I can only access it via the IP address and so I have changed all the links on my blog and monitoring page to lead you there. I must say it’s absolutely safe and I will change all the links again once the GoldNuggetInvest site is working properly on their new servers from BlockDos. I can add that the choice of the hosting provider was excellent as BlockDos provide unmatched and unrivaled customer support and believe it or not they always reply to my own queries within minutes. It was the case today as well when I noticed that MNO was down for a couple of hours. So I contacted the support and everything was back on track within the next 30 minutes. That’s what I call top-notch support and especially if you consider all those bad rumors about the former provider of GoldNuggetInvest Black Lotus you will be assured even more that it was the right decision from them. Here is what the admin of GoldNuggetInvest Robert Spearman (interviewed here) has to say about this:
“Such things should not happen anymore, since we are with BlockDos now. We have suspicion who initiated all these unpleasant events – as well as circumstantial evidence, but can’t prove anything! That’s why we moved our hosting to BlockDos, if you know what I mean. STP was hosted with our former hosting company as well until last week and we all know what happened with them…. Enough said!
Some of you might have noticed that our server time changed from PST to EDT. Please note!”

Those of you who are using AlertPay payment processor might be interested to know that the list of approved AlertPay exchangers expanded recently and currently it counts three sites where you can get your AlertPay funds out or exchange them to different e-currencies. Here is the official update from AlertPay regarding this:
“We have recently reviewed certain e-currency exchangers and allow our members to exchange with them.
Good news! We have added more recognized e-currency exchangers to our list. For those of you who would like to use an exchanger to deposit or withdraw your money, you can use any of these at your discretion:
www.alertexchanger.com
www.goldexpay.com
www.iwantexchange.com
Please note that these exchangers have successfully completed a stringent review process in which they have proven their reliability. Any exchanger who wishes to do business through our service will have to complete the same process.
It is a violation of our User Agreement to exchange e-currency through our service without having gone through this process.
We hope that the addition of these exchangers to our list will help make depositing and withdrawing your money even more convenient than ever before.”

I have also received a couple of long but very important updates for the members of YesICanSurf which is currently undergoing the process of turning into a revenue share program. That process will take several days as the admins of the program (read my interview with one of the admins Sarah here) assured us that everything would be ready by the 1st of September as they need to move the database manually from the old Neversay script to the new one. I must say I liked the previous script more as the new one will not support my favorite web browser Opera but I guess the admins know better what they want to achieve with this transformation. Anyway, I’m going to bring you the updated review of the new YesICanSurf program once it’s launched. Hopefully it will be a better version of the autosurf we all loved. Here is the first update from Sarah:
“Hello again everyone,
Just a brief update regarding our progress.
As you’ll notice when you login, we have now moved over to the new site. Everyone is safely in the database, so Step One has been successfully completed. You will also notice that your referrals have followed you there.
Although your remaining surf credits have been added into the new site, your viewing programs haven’t, as yet. As soon as possible, we’ll assign every member 5000 free credits . Meanwhile, if you have credits available, please begin to add some of your programs, using the Upload My Sites link.
To surf (and remember this is manual) please click on the Advertising TV Rotator link.
Your referral commissions will also need to be manually added from the old database. This will take time, so please be patient.
We plan to launch Surf as a Revenue Share program on Tuesday, Sept.1st. Meanwhile, as you can see, we have a TON of work to do to get the site ready.
Folks, if possible, please do take a holiday this weekend and relax while we complete our work here. Unless you have a very urgent support request, please hold it over the weekend so our mailbox isn’t jammed! By next Tuesday, all will be ready to go !!
I know that some of you are eager to advertise Surf as a Rev Share, but if you can hold your horses till our actual launch that would be great and much appreciated. You will be the first to know when we are ready to introduce new people !
Over the next few days, we’ll be sending out informational letters to help those of you who are new to the Profit Sharing concept, find your way around.
Have a wonderful day folks, Sarah”.

And this is the second and more important and detailed one from YesICanSurf:
“Good morning to all our members and a big welcome to new members !
For the benefit of new members, let me explain that we are in the process of changing over from a surf program
to a revenue share program. This entailed completely moving the surf database to a brand new revenue share script and this very challenging task was done yesterday.
YOUR YESICANSURF EARNINGS
Folks, we have a huge challenge ahead of us this weekend. As you have noticed, all earnings and ref coms from the old database must be transferred manually, and we are working on this as I write. Not only that, but calculations must be made based on whether you are in profit as to how much of your previous earnings we must add to your wallets to ensure that you will earn 200% in the Rev Share.
For example: Say you deposited $100 and already have returns of $150. To double your $100, you will need another $50. So we give you $25 in adshares (ie, ventures) to turn into $50. ($150 + $50 = $200)
Please don’t worry about it at this time. Just rest assured you’ll get a fair deal. YesICanSurf has never let you down, and we don’t intend to start now!
REFERRALS
Referrals are safely going in under their sponsors, so you may now begin referring if you wish to do so. Remember, we are in Rev Share pre-launch until September 1, and the processors have been now closed. We reward our sponsors very well……both free and pro ….at 8% level 1; 5% level 2 and 2% level 3. That’s a total of 15% !!
SURFING
Although you may surf for credits if you wish to do so, you will not EARN for your surfing till next Tuesday, when our first week of Profit Sharing begins. This is a kind of “bridge” period between the end of our surf program and the beginning of the revenue share program, and a nice little holiday for you while we bring everything up to date.
We appreciate that all of you have kept support tickets to a minimum, as this is helping us immensely. We have been able to respond to all tickets as they came in so far.
Many thanks for your understanding.
FREE CREDITS
We also added 10000 credits to all “old surf” accounts to give you a good advertising start in the rev share program, and to compensate you
for the inconvenience of the move.
Summary:
1) We are presently working on the database and manually adding all surf earnings etc. from your YICSurf accounts.
2) The referral system is working.
3) All processors are closed till September 1st
4) Surf earning will begin in the new revenue share program September 1st
Have a wonderfully relaxing weekend, Sarah and Phil”.

To finish for today here is the usual list of programs that paid me over the last 24 hours: StableRoi, RoyalFex, PlusInv, GeniusFunds, Verifield, NanoMoneyCorp, WLInvestments, FlipReturn, PreviaTrust, XagaEnterprise, ExcellentProfit, LiberalTrade, CoolReturn and GoldNuggetInvest. Hopefully you have found something useful from today’s post and I’ll see you on my blog tomorrow. But first let me wish you all a pleasant weekend ahead!