14/04/2011. AutomaticEarn Review and Daily News from the Industry
BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!
Hi guys! Before the news I want to take a look at one of the most recent short term HYI programs to be added to my monitoring page, a program called AutomaticEarn. Perhaps the best thing going for this one is, as the name implies, a system that allows you to get your interest payouts “automatically”, ie without the need to actually request them. There are a couple of other aspects to the program that I was a bit less enthusiastic about relating to their hosting when I introduced it yesterday, however the admin has tried to explain the situation and I’ll be getting to that in just a moment.
But first the plans. AutomaticEarn has two of them. One that makes daily interest payments and one that makes slightly higher payments on expiry, though they both run for the same length term. So starting with the daily payments plan, it runs for 5 calendar days and pays variable interest rates based on the size of your principal. You can join for a minimum deposit of just $5 and for anything up to $19 get back a 25% return everyday for the duration. That figure includes your principal so the final earning will be 125%. So you break even after four days and get your 25% profit on the fifth. I imagine most people depositing in AutomaticEarn would be doing so with a little more than 19 bucks, so if that includes you other rates include:
26% per day (30% clear profit) on amounts between $20 and $99, 27% per day (35% profit) on amounts from $100 to $999, and 28% per day (40% profit) on anything above $1,000 to the stated maximum allowed $29,999.
for a more generous payout though for a considerably higher risk, you can take a look at AutomaticEarn‘s second plan which as I said pays only on expiry. It also runs for a 5 calendar day term and includes your principal as part of the one single payment you should receive. The minimum deposit remains $5 and for anything up to a $19 deposit you are offered 135% in return, or 35% clear profit. If you want a higher return then, like in most online HYIPs, you’re going to have to spend. The following rates will apply to larger deposits:
142.5% interest will be paid on deposits between $20 and $99, 150% interest will be paid on deposits between $100 and $4,999, and 157.5% interest will be paid on deposits from $1,000 up to AutomaticEarn‘s maximum $29,999.
The choice of payment options is a little basic to say the least with no verified processors making the grade. So as you all know by now – no chargebacks no matter what happens. LibertyReserve and PerfectMoney are the only two in use, however we then come to perhaps the most interesting feature of AutomaticEarn, which is the automated payouts. They do not need to be requested to your e-currency accounts as they are simply made everyday by default from the website. It’s a handy feature for any member plus the fact that it can act as a sort of early warning system for investors if these payments ever fail to be made.
The design of the program is, to be brutally honest, a bit sloppy and a bit amateurish. The reason I say this is because there are some big discrepancies between what it says on the FAQ page and the actual workings of the program. For example there is no mention anywhere on the website of automatic payments at all, and the FAQ page says you need to request them which is not in fact the case. I know it doesn’t take much effort to tweak the texts a little bit and correct this but really it should have been done from the beginning. Hopefully this will be cleared up soon because it’s only going to hold them back.
AutomaticEarn is running off a customized script. In terms of appearances it borrows heavily from GoldCoders but that’s where the similarities stop, the program’s script is its own. There was also a little confusion about their hosting provider which has since been cleared up by the admin. Things have changed a bit recently though not every online source has been updated to reflect this. But I can tell you that AutomaticEarn is presently hosted on a dedicated server with DDoS protection by Dragonara. You can put your own questions about that or anything else connected with the program or your account by filling in the e-mail support ticketing form found on the contacts page.
There’s no real business plan as such on the AutomaticEarn website beyond a fairly brief and somewhat garbled message that drops in a couple of industry catch phrases without explaining much, but I think most of us will agree that 50% or more in just five days are a feature of online HYIPs and not much else from the world of “real” business. So as ever if you decide to play then be aware of what you are getting yourself into, the risk you are taking of your own free will, and spend accordingly – never based on what you want to earn but rather on what you can afford to lose. And of course do try and diversify your portfolio from time to time.
DAILY NEWS FROM THE INDUSTRY.
I would like to start the news section with a serious warning against depositing in any plans in GainBucks which has been moved to Problem status today. Despite the on-going payouts from the daily payment plans the administration of the program keeps ignoring the complaints which are piling up now by the way (I myself received three more complaints during the last 24 hours) and keeping those invested in the on expiry plans stranded refusing to pay them money instead of sending them some confirmation code via the postal service. This is an obvious stalling tactic in order to postpone the collapse of GainBucks which was predicted by me already a month ago when the 30-day plan with unrealistic returns was first introduced. Please note that the payouts on the daily plans are still being paid regularly but that alone doesn’t make me feel optimistic regarding the future of the program which looks kinda gloomy at the moment. The program might continue paying on the daily plans for an indefinite period but it will be done at the expense of the more naïve investors who made a very foolish step by investing in any on expiry plan. Please be careful and don’t invest with in GainBucks anymore! You have been warned guys, and more than once!
The admin of Roserlink Emma sent a newsletter today answering some common questions about the logging in process and setting up and changing the payment processor information in your member’s area. Since Roserlink is running off a very rare script such questions were inevitable and have to be addressed by the admin. Roserlink is also planning some surprises to coincide with their three month anniversary which is fast approaching and will be announced in the next newsletter. Roserlink has been monitored on MNO for four weeks already paying on two investment plans – 1.2%-1.5% for 100 business days (principal back) and 135% after 1 month (principal included). More about the program can be read in my review posted here. This is the latest newsletter from Roserlink in full:
“That’s Emma talking. I would like to start this newsletter from some FAQ aspects which are shortly mentioned on our website but for some reason are not learn carefully by some of our members. First, I’d like to pay your attention to login issues and ways to solve them.
Ok, so suppose you cannot login although you are quite sure that your login details are correct. In that case you have to make sure that you meet the following requirements:
A: Your browser is set to accept cookies. Whereas the majority of members have this option on on a regular basis some of them do forget about accepting cookies.
B: If you use Opera browser you have to log into your Roserlink account only from the following link: https://roserlink.com/operalogin.php
If somehow you lost your password you can reset it here: https://roserlink.com/account/passwdreminder.php
Another important point I’d like to clarify is members’ payment details i.e. e-currency account information. Remember that while filling out the registration form you didn’t have to input all of your e-currency account numbers. You can specify them later by going to “Settings” area in your account and adding account numbers unspecified earlier. On the other hand it is restricted for a member to change his e-currency details, therefore if you want to make changes please send your request to administrator.
That’s it for now concerning our FAQ. On Friday we will send out a special newsletter with more great news and plans dedicated to our 3 months online anniversary and 1 year foundation anniversary. Stay sticked to that!
Thank you for being a part of Roserlink, one of the most seriously long term oriented investment programs online!
Sincere regards, Emma Foster and Team. Roserlink”.
In the latest update the admin of OrientProfit said that his program was still going strong after over three weeks online paying on two investment plans – 2.5% for 120 days (principal back) and 120% after 12 days (principal included). The admin Barnett reminds members about some features that were already discussed in my review of the program published here and asked not to hesitate in contacting their support if you have any further questions. That’s it, actually. Here is the latest newsletter from OrientProfit:
“Hello. We wish to thank all our members for their mammoth support of OrientProfit and also welcome all new members who have joined our project.
OrientProfit is now 22 days old and we are excited at the progress of the program. Things are really working fine.
OrientProfit remains a honest and sustainable financial service providers paying its members in two investment plans;
The first which pays 2.5% daily interest for 120 days (Principal Returned) daily cashout. Minimum withdrawal amount is $1
The second plan pays 10% daily interest for a period of 12 days (Principal included) cashout at expiration.
We are hosted on a dedicated server, quality customer support and fast payment are some features enjoyed while participating in OrientProfit.
We are once again happy to inform both old and new members that all withdrawal requests has been successfully processed and support tickets answered.
Our support personnel’s are always online to answer your support tickets, if you have any questions, please don’t hesitate to send a support ticket.
We thank you all for your support, and ask that you remember to post in forums and on monitors when your payout is received.
Best Regards. Barnett Leon. OrientProfit”.
I have been paid today by the following programs listed on MNO monitoring:
DreamRoi, SquareBoxTrends, EliteAlliance, ExoticFX, ExtraIncome, Agromatica, CitrusFinance, DubaiInvest, EurexTrade, AutomaticEarn, WagerFunds, DynamoFunds, InvestNetGroup, PicoProfit, ReProFinance, GulfReserve, OilCapital, ProfitDeluxe, PermanentProfit, Opulentia, GorgonProjectInvest, IvaStock, RebelFunds, BrilineLimited, ViscoCorp, FondosMayores, BusinessVentureFunds, ImperialFund, MGFunds, MidasGoldFund, Roserlink and UnicornInv.
That’s it for the moment, guys. I hope to see you all tomorrow for the much anticipated second interview with the admin of ExtraIncome Phil Whitaker (you can read the first interview here). Stay tuned and see you tomorrow, everyone!
Filed under Daily News, Reviews by on Apr 14th, 2011.