25/10/2010. GWDConline Review and Daily News from the Industry

Hi guys! After what seems like I lengthy stretch of new short term HYIPs hitting our screens recently I’m pleased to be able to add a little variety to my blog tonight with a program called GWDConline, which is a new medium term program I came across last week. The letters in the name stand for Global Wealth Distribution Center by the way, so I’m glad the admin has abbreviated it! But if you’ve been following my blog over the last number of days you may have noticed them mentioned in my payments report, as well as of course on my monitoring page where it’s been covered since last Friday.

I had high hopes for GWDConline quick enough after seeing it launch but decided to hold off on taking a closer examination of it until today as I had certain doubts about their hosting provider. But no sooner had I asked myself about that when lo and behold, the admin moves the program over to Koddos, quite a trustworthy name in the industry I think you’ll agree. And after only a couple of days online it shows us too that the GWDConline admin looks like someone who likes to get involved and keep his program progressing. Not just sitting back and letting let’s say the script do the work for him like so many others would.

There’s only one investment plan available from GWDConline so it makes it pretty easy for me to review, as well as easy for you to make up your minds on. I know mid term programs like this aren’t suited to everyone, and that’s fine. But if you like them then you could do a lot worse than check this one out.

The plan makes daily payments which is always a welcome sight for investors. You won’t exactly make a profit in the first day but at least you get something back and you don’t have to sit there with your fingers crossed, worrying if everything will still be alright by the time the plan expires. So the investment term itself runs for a period of 40 calendar days. During that time you are offered a daily payment of 3% interest, regardless of how big your investment. The minimum deposit is $5 and the maximum is $10,000 so I guess that encompasses everyone.

Your principal is factored into your daily payments so that won’t be handed back on expiry. Therefore if we take a theoretical investment of we’ll say $100, GWDConline will repay you $3 per day for 40 days. That will enable you to break even after 34 days and start seeing a profit after that. The total return will come to $120, or 20% profit. Now I know that at first glance that may not look like much in comparison to certain other high return HYIPs (not that anyone should possibly complain about 20% after just 40 days!) but the important thing to remember here is that this figure is both achievable, and consistently so. Yes, other HYIPs may offer you a bigger single payment, but I think GWDConline can offer you smaller payments for a longer period, and ultimately you need to think about making room for something like that in your portfolio.

If getting involved then the payment options are of a decent standard. AlertPay are used for those of you who insist on verifiable options, and for convenience and anonymity you can also use GlobalDigitalPay, LibertyReserve, and PerfectMoney. Payouts are manual so you will need to request them. The GWDConline admin requests that you allow him up to 24 hours to get your transactions processed, but my own brief experience with the program they have been a good deal faster than that so far. Please note also that payments are only made six days per week, from Monday to Saturday. You will of course continue to earn on Sunday as usual and your account will be credited, you just won’t be able to withdraw. I guess the admin’s entitled to at least one day a week away from his desk just like the rest of us, so as long as the program runs smoothly otherwise then I can respect that.

By the way, GWDConline also has a 48 hour cooling off period after joining. If you feel you have gotten into something you shouldn’t have, or maybe realized that you spent too much, then you can use this period to think it over and withdraw your principal. You may of course join again with a safer amount if that’s how you feel, but do keep in mind that once the 48 hours are past your deposit is locked and you stay with the program for the full 40 days.

What definitely makes this program stand out of the crowd is its unique script which I’ve never seen before and has a few interesting features to it. Or maybe less interesting features, but an interesting way of presenting the information to you. Either way it’s another welcome facet to the GWDConline website and not something you see everyday on shorter or medium term programs. So I guess that the admin has opted to stay away from the generic models and go with something unique also displays his intention to at least try and keep his program on a different level from the rest.

As I mentioned at the start some early hosting issues were swiftly dealt with and at this early stage were unlikely to have even been noticed by many investors. So as of now GWDConline is hosted on a dedicated server with support and protection from Koddos. Any further questions or support related issues can be sent to the admin by filling in your details on the support form on the contacts page, selecting the relevant department from the drop-down box, and submitting. The website is also translated into Russian and Chinese. While this is done by an auto-translator courtesy of Google where the results are less than accurate (if not downright laughable at times) it’s still enough to get the message across to a greater number of investors who may not speak English and encourage them to join, thus helping to ensure a healthier cash flow.

The website is quite original in both design and in content, but having said that is a little thin on real solid information about their business activities. They do say that GWDConline “is a web based investment program” (which in my book has online HYIP written all over it!) but doesn’t really have much more to say on the subject, and certainly nothing that you can verify.

Never mind, I know that these things are more often than not put there for the benefit of newbies, and that from the feedback I get from regular MNO readers that most of you share the same opinion as myself about these things and aren’t really all that bothered so long as the admin runs a good program where you get a fair and equal chance of turning a profit.

And I think that’s what you’ll get here, which is also the best you can expect from any online HYIP. So keep your investments at a reasonable level, and base them on your own experience and what you can afford to lose, not what you would like to win. Remember that and GWDConline might turn out to be a fun way to get yourself an extra couple of bucks before a certain festive season which is just around the corner now comes upon us!

DAILY NEWS FROM THE INDUSTRY.

First of all I would like to apologize for being so hasty about OrderDollar last night (it’s better be safe than sorry anyway) when I moved it to Problem status and warned everybody from investing in it. Well, it’s weird as I still haven’t received any answer from the admin to my email yesterday explaining the reasons for the delays with payouts. However, as far as I know everybody was paid all the pending withdrawals just a few hours. And it was not only me as was reported by many MNO readers both to email and in my Shoutbox. So I can’t suspect selective payouts here either. Taking into consideration the paid withdrawal requests I have made up my mind to move OrderDollar back to paying status on MNO and removed the warning from my monitoring page. Of course, nobody can predict for how long more OrderDollar will last but for a HYIP running for over a month and offering two plans with quite high returns (23% for 5 days, 135% after 10 days) it’s doing exceptionally good at the moment. For more information on OrderDollar you can always refer to my review of the program which was published here.

Unfortunately, I cannot say the same regarding DigitWallet which scammed today. Well, actually the instant payouts simply stopped after only six days online which made me immediately move the program to Problem status on MNO and remove all their banners. The admin of the program was honest enough with me and said that DigitWallet couldn’t continue anymore due to a very negative cashflow now (too many withdrawals and almost no new deposits to support them). He didn’t blame the members though and just told me that the program ran its course naturally. In my opinion though the admin could have been more active during the last weekend and therefore attract more investors to his program. Anyway, DigitWallet lasted for more than one cycle of the longest 4-day plan (and several shorter ones) and many MNO readers should be in profit from them anyway. Please again note that all HYIPs are risky and can collapse without warning and therefore only invest what you can afford to lose. DigitWallet is on Problem status on MNO so please do not make any investments there!

Unfortunately, it looks like MoneyPallas became another fast scam and lasted for only 7 days. MoneyPallas was possibly intended as fast scam anyway as the admin also suddenly stopped all the promotions a few days ago. Anyway, I can’t say for a fact yet that MoneyPallas is a scam but it’s bothering me that I received reports in my Shoutbox from people whose withdrawal requests are still pending for over 24 hours and I simply cannot ignore them, especially providing I myself received my payment on expiry on Saturday within a few hours. I would be prepared for the worst though as for a short-term program that doesn’t pay for 24 hours without any explanation for it will struggle to regain investors’ trust. Sometimes this does happen though and I refer again to the recent example with OrderDollar discussed above. This would be just an exception though and as a rule such programs are as good as dead at such a moment. Please do not invest in MoneyPallas anymore and sorry if you incurred any losses here!

Another program that has been finally moved to Problem status on MNO after struggling for almost a week delaying the payouts is FxTradingWorldwide. The program seemed to have undergone some changes in order to remain more sustainable and the admin even intended to introduce instant cashouts many times (although he failed to do so). Unfortunately, it looks like all his efforts didn’t help to attract much attention and today I received (and verified) a complaint from one MNO reader who stated that he had not been paid by FxTradingWorldwide for a week already and had a couple of pending withdrawals now. According to his words the admin is not replying his emails either so he came to me as the last hope to help him. I have contacted the admin as well today and though usually I received replies from him pretty fast this time it looks I won’t get one. Anyway, due to selective payouts I have to move FxTradingWorldwide to Waiting status on MNO until it’s resolved and everybody is paid. I will report on MNO if anything changes but for now I would not recommend any further investments into this program.

As promised earlier the admin of EarnPlaza Matt (interviewed here) decided to change their hosting provider due to numerous issues with site’s accessibility in the course of the last few days. It was obvious that DdosWiz is not capable of protecting the site anymore from more frequent DDoS attacks so the admin made the only right move in my opinion and switched to Dragonara. During the move the site might be inaccessible for many members for a few hours like was specified in the update issued by EarnPlaza earlier:
“Hello. We have noticed that a lot of members during a day didn’t able to access to a website, honestly sometimes I didn’t had an access too. We are tired of DDosWiz server provider, so currently Dragonara support working on a site move to their server. We are sure that with Dragonara we wont have problems with server in future. EarnPlaza will be unaccessible for a 2-5 hours period during a move. If you have a questions, please contact me in YM or send a email to temporary email earnplazainc@gmail.com. We are hope that you will understand our decision and will continue to support EarnPlaza.
Best regards, Matt Powell
EarnPlaza Support”.

And I already received a follow-up email from Matt who has successfully moved the site to Dragonara servers which should make them less vulnerable to attacks and in general it’s further proof that he is very serious about making EarnPlaza one of the most popular programs in the industry now. I remind you that EarnPlaza has been monitored by MNO for 26 days (online for 35 days) and already reached #9 in the MNO rating. It pays 110% after 5 days, 130% after 10 days, and 160% after 15 days via LibertyReserve, PerfectMoney and AlertPay payment processors. More on EarnPlaza can be read in my review published here. Here is the latest newsletter from Matt:
“We have successfully moved EarnPlaza to a new more secured Dragonara server. I am sure that from now we won’t have problems with DDos attacks in future and server problems wont affect EarnPlaza anymore. If you still cannot access EarnPlaza, please clean your dns cache and cookies. Its should help, otherwise email support and we will help you.
I have already processed all pending payment requests. Thanks for supporting EarnPlaza during a move. See you all tomorrow.
Best regards, Matt Powell
EarnPlaza Support”.

By the way, do not forget about the daily cash contest sponsored by EarnPlaza which is running on the MNO forum thread (click here to participate). By answering the questions you can win a $5 cash prize daily which will be paid to your LibertyReserve account. So try your luck and maybe you will win some extra cash for yourself!

The site of another successful program UniteTrade has been offline for some time as well today. Fortunately, there was nothing to worry about as I contacted the admin of the program Andy (interviewed here) and he said that the script was being updated and that now everything is back to normal. By the way, I found an interesting discussion about UniteTrade and other programs on my ShoutBox and it looks like many admins are wanting to discuss their programs on MNO. So keep an eye on my ShoutBox where you can find some interesting opinions and discussions. Today for instance some people stated that UniteTrade was going to stay online into 2011 and beyond. Well, I’m kinda skeptical that UniteTrade can survive Christmas simply because it has always been a tough time for every HYIP but the admin Andy assured me that at the moment they had enough funds to pay to UniteTrade‘s members for many months ahead and he said he had a plan to run UniteTrade for at least a year. We will wait and see what will happen because as we all know the HYIP industry can be highly unpredictable and I would not mind if Andy could prove me wrong by running UniteTrade for longer than I anticipate. Mind you, he already has! I remind you that currently UniteTrade has been running successfully for almost seven months having reached #3 on MNO rating and paying 120% after 7 days and 150% after 15 days to four payment processors: LibertyReserve, PerfectMoney, AlertPay and SolidTrustPay. More on UniteTrade you can read in my detailed updated review of the program published here.

And surely you must have known by now that GWDConline site is accessible again and I hope that the hosting issues have been resolved by now. According to the admin the site is hosted now by Koddos which is well known and respected for its good protection and I hope that the bad experience of GWDConline with their previous provider is over now. I have already reviewed it above and here is the latest newsletter I received from the admin of GWDConline Albert:
“I understand some frustrations, I to am feeling it with you. I expected Staminus network to be best able to suit our needs. However for what ever reasons they felt that after only 5 hours on their network that they could not handle additional sites such as our.
I am testing the new KoDDos server. All the information is here.
Will mail soon with more information.
Albert, Global Wealth Distribution Center”.

You might remember that the main feature of OilStructure program is to provide high-quality support in many different languages – a feature that is currently very trendy even among short-term HYIPs. OilStructure has been paying from 2% to 2.4% daily depending on your stage in the project (for more about that read my review here) is doing its best to stay attractive to different communities by providing them the top-notch support in their own languages. If you click on their Contact Us page you will see that the phone and email support is currently available in 13 (!) languages so you can actually call and ask all your questions in your own native tongue if English is not convenient for you. But that’s not all! In addition OilStructure has issued a prospectus where you can find all the necessary info about the program and the plans it offers. Before today the PDF files at your disposal were available in four languages: English, French, Spanish and Thai. Today you can find out more about OilStructure by reading the PDF presentations from their main page also in the Russian and Hungarian languages. This was announced in the latest short update from the administration of OilStructure that was posted on their site today:
“Russian (???????) and Hungary (Magyar Nyelv) PDFs are added.”

Vodapex (reviewed here) is another program from my Top 10 that is paying 2.8% for 45-120 days for 80 days already like clockwork. That makes everybody who joined the program during the first month of listing with MNO in good profit by now. I hope the program will keep expanding its influence in the long run and continue its good job online. Today they announced about the opening of their second office in Australia. I wonder if it’s a virtual office like many other HYIPs have and which doesn’t mean anything. This was not specified apart from the mentioning of opening the third office in Canada after already having their first one in Ireland which was announced some time back. I doubt very much though that you can find anybody actually sitting behind a desk in those addresses accepting your deposits to Vodapex via LibertyReserve, PerfectMoney or RoutePay. Most likely, it’s simply a virtual or managed office that can be bought for a minimal sum of money. Anyway, whatever it takes to inspire investors’ confidence in a program makes it stronger and as all HYIPs need positive cashflow at all times. So, I believe this latest news from Vodapex will get it more investors willing to believe stories about the legality of HYIPs:
“Subject: New Office Address Added!
The management of Vodapex is happy to inform you about our new office in Australia.
331 Racecourse Road, Kensington, VIC 3031, Australia
As we grow, we find it very necessary to provide a customer care service consistent with the growth.
Our growth cannot be complete without your growth. We hope that Vodapex brings you a consistent growth.
And just as we promised, another office will be available soon in Canada before January 2011.
The month of December is going to be a very busy month for us, so we are working to ensure another telephone number is available by then for customer care.
We hope you are happy with our services. We will keep working to make sure you receive answers to your questions promptly all the time.
Have a wonderful week ahead.
Best Regards. Admin. Vodapex.”

The cashout button has been enabled for the members of 144CashAds today and I have already received my payout accumulated in my account for the weekend. The project keeps paying stably and after three months of monitoring by MNO I still admire that the admin of the program Lewies (interviewed here) proved that it actually pays off to come up with a different idea that will distinguish your HYIP from other programs and make it more unique and sustainable in the long run. My opinion about 144CashAds accompanied with the detailed analysis of the investment plans can be in the review of the program published here. And this is the latest newsletter from 144CashAds which I received today:
“Hi. Hope you all enjoyed weekend. Cash out button has been opened for current week. You can now withdraw your earning.
Welcome all new members. If you need any help pls feel free send us support mail or chat online.
Thank you. Lewies
Project admin”.

Another short-term game has been added to MNO listing tonight – Qweez. The program is quite risky and only accepts LibertyReserve and PerfectMoney starting from $10 (different minimum for each plan). Qweez offers the following investment plans: 104% after 1 day, 110% after 2 days, 118% after 3 days, 135% after 5 days. The other features of Qweez (apart of its name of course) are quite standard for a quality online game: a dedicated Staminus server with DdoSWiz protection, a licensed GoldCoders script and SSL-encryption for safer investing process. The program has launched just today so don’t delay if you want to play it as the plans are quite attractive. And yes, there is a pretty girl’s face featured on the main page of Qweez and its banners. I guess this will attract the 80% of investors which are males for sure, lol. So stay tuned for more info about Qweez in my detailed review of the program tomorrow!

The second program that has been added to MNO tonight looks a bit more serious to me and offers more affordable investment plans. It’s a program called TerraProfits. The program accepts four payment processors (LibertyReserve, AlertPay, PerfectMoney and GlobalDigitalPay) which you can invest into four plans: 1.2% for 30 days, 1.5% for 60 days, 1.8% for 100 days and 2.1% for 150 days. The minimum to invest in every plan is different but it starts from only $1 if you wish to invest in the first shortest possible plan. The principal in TerraProfits is not included in daily payouts and will be returned to you on expiry of your deposit with them. I like the fact that TerraProfits is running off a unique and custom-made script where in order to make a deposit you have to add funds to your account first and then make a new deposit from your account balance. The security of TerraProfits is also good as it’s SSL-secured and hosted on a Staminus dedicated server with DdosWiz protection against possible attacks. More on TerraProfits will be in my upcoming review on MNO soon.

I would like to draw the results of my polls tonight. The first one was in the series of MNO Reader Profiles where I want to know more about my readers. From the votes cast I see that 34% of readers are working full-time. Next was “self-employed” which numbers 26% of MNO. 13% of MNO readers are unemployed, 12% – in full time education, 9% have retired and 6% are working part-time.

Well, thanks for that and now I can see more about my readers and the still unfinished picture of that regular reader is: he is a male of under 25 years old, drinks Lipton tea, likes the color blue, does not smoke, likes football (soccer) as his favorite sport, enjoys action movies, he lives in Asia and is working full-time. You can now close your eyes and imagine the picture of a typical MNO reader – recognize yourself? Or does that sound nothing like you at all?

The HYIP related question in the other poll was aimed at finding out what the monthly budget of MNO readers is for playing with HYIPs. So the most popular answer was “from $100 to $1,000” and 39% of my readers work from this budget. For 32% of the votes investing only “under $100” monthly apparently HYIPs are just a way to gamble but not to play with serious money, they are keeping it safe. 16% of my readers are really large investors with a $5K monthly budget and 13% are heavy-hitters who invest from $1,000 to $5,000 in HYIPs monthly. These two categories are the most likely piece for the admins who try to mostly attract such high-profile investors. Of course, the level of thrills for them is much higher than for smaller investors but their profits (and losses) could be higher as well. Anyway, regardless of which category you belong remember to invest only what you can afford to lose and treat all the HYIPs as games and not real investments. And of course have fun along the way too! Only then you can consider yourself safe and can enjoy the game fully.

More polls will be added to MNO tomorrow but I would like to hear your opinion about what I should ask of from my readers. Please be more active and make your welcome suggestions in my Shoutbox or by emailing me at abramsonp@gmail.com Thanks in advance for all your suggestions, guys!

Here are the names of the programs that paid me for the last 24 hours:
UniteTrade, FutureTrails, EuroInvestOnline, OilStructure, CherryShares, Vodapex, OnyxInvClub, InternationalCommerce, EarnPlaza, 144CashAds, BrilliantsInvestment, UnitForce, FundsOMatic, GainBucks, YesInvestment, OrderDollar, InnoClub, FiboTradePro and PawnShopFund.

That’s about all for today, guys. I hope you found the information useful and I hope to see you on my blog tomorrow when I’m going to review another program and of course supply you with the latest and hottest news from the HYIP industry. Stay tuned!