06/05/2011. Daily News from the Industry

Hello all! It looks like I was right last week when predicted some kind of domino effect in the industry after the sudden collapse of the leading program at that time – ExtraIncome. Most likely we are seeing the echo of this devastating impact only now with so many programs collapsing and relatively few new ones opening. Well, the last two programs that have been moved to Problem status on MNO today were TencontFunds and SquareBoxTrends. TencontFunds has added two more payment processors during the last two days including AlertPay, but apparently it didn’t help it survive and I guess they might have been ok if they accepted AlertPay from the beginning. Quite a disappointing result for me as well as for SquareBoxTrends which obviously couldn’t recover after some technical issues caused by their failure in moving servers and the inability of the admin to address the issue properly which he promised to do two days ago.

Not every program disappointed me for the last few days of course. Some good performers include ProfitDeluxe (reviewed here) offering 125% after 5 days and running successfully for over a month already. Many MNO readers are really hopeful of recovering their losses from ExtraIncome in that program which is considered by many as a good replacement for them and possibly the next leader in the short-term market. Of course, the longevity of ProfitDeluxe will mostly depend on the support of its members as I’m sure that the admin is taking the job very seriously with all payouts to date processed exceptionally fast. In addition I have noticed that all the withdrawals to AlertPay are processed instantly while if you invested in ProfitDeluxe via LibertyReserve and PerfectMoney your withdrawals are still processed within 12 business hours. I guess the instant character of AlertPay withdrawals from ProfitDeluxe will be announced in the next newsletter from the admin of the program Daniel, the full interview with whom can be read on MNO here.

Another interview with the admin of BrantonsGroup Elizabeth was published on MNO yesterday and can be read here. I must say that BrantonsGroup is a very high quality program and I was impressed by it which was shown in my review of the program posted here. Many people think that BrantonsGroup has a very good chance to become a leader among the longer term programs and has good potential for growth. Currently BrantonsGroup accepts four popular payment processors (AlertPay, SolidTrustPay, LibertyReserve and PerfectMoney) and pays instantly from two investment plans: with fixed interest rates 0.5%-1.6% for 150 business days and variable returns for 200 business days with principal return on expiry of both types of plans. The full interview with the administration of BrantonsGroup was announced on their website today:
“We were interviewed at MNO. See Closer
Hello guys, it sure is a wonderful season outside, the summer is about to begin. Stock up on your funds and investments, so you may afford necessity through out this wonderful season. Check out our interview at MNO: http://money-news-online.com/blog/2011/05/05/05052011-interview-with-the-admin-of-brantonsgroup/ . Our trooper and hard worker Elizabeth delivered a great speech to the wh ole audience. Please let us know if you have any suggestions, so we may improve. Take care guys, we appreciate your membership with us.
— Administration at BrantonsGroup.”

I’m more optimistic now about the chances of GorgonProjectInvest for a full recovery after the recent withdrawal crisis caused by the blocking of their AlertPay account and the subsequent shortage of funds in their LibertyReserve account, which had to be re-directed. The admin of GorgonProjectInvest Paul (interviewed here) managed to cope with the situation fine and offered an alternative for those impatient investors who wanted to be paid fast by opening a free account in GlobalDigitalPay and be paid to that account instead of LibertyReserve. It looks like the recent cross-promotion between GlobalDigitalPay processor and GorgonProjectInvest which recently became the #1 HYIP on MNO was really fruitful and beneficial to both sides. GPI resolved its issues and GDP got more clients which isn’t a bad thing as they are quite a good service and in light of the virtual monopoly inexplicably held by LibertyReserve can only be good for the industry. The recent promotional offer where you can invest in any plan in GorgonProjectInvest (1.9% for 30 days, 2% for 90 days, 2.2% for 180 days with principal back on expiry) and be paid a 50% bonus on your deposit if you invest via GDP, an offer still valid for a few more days. Of course GorgonProjectInvest (reviewed here) accepts all other popular payment processors as well including AlertPay where the admin of the program opened a second account lately since the old account remains blocked for some reason. The long-awaited official update on the status of payouts was finally posted on their website last night and here it is (in my opinion, really encouraging):
“News Update
We are so pleased to announce that all daily interest payments to AlertPay, Global Digital Pay, Solid Trust Pay, Perfect Money, Pecunix and Bank Wires are fully up to date.
We do however still have a back log of Liberty Reserve users waiting for payments but we expect that to be resolved by tomorrow.
This hopefully proves our intent to honor our agreement with ALL of our investors. No matter what problems are thrown at us, we will fulfill our commitment and pay your funds. There has never been any question that we would not do this right from the start.
We are a long term investment web site and we are staying for the duration. Please do not doubt us and do not think we do not have your best interests at heart.
There undoubtedly, will be challenges ahead, but please stay positive and remember this episode. We proved a lot of people wrong and will continue to do this as we are trying to be different. A lot of you realize this and hopefully you can spread the word that finally there is a genuine investment opportunity that we can all benefit from.
Stay positive, stay strong and pass the word….. we really mean business.”

After struggling with a script glitch when interest payments to some members was not properly credited and some days missing completely the admin of MajesticFunds came up with the only right decision in my opinion which not only solved the issue but also made the program more attractive in the eyes of potential investors. So, starting from now the investment plan in MajesticFunds (reviewed here) is changing from 14.5%-18.5% for 8 business days to 14.5%-18.5% for 8 calendar days. The principal will still not be paid back on expiry and the minimum to invest sill remains $10 which you can deposit via AlertPay, LibertyReserve and PerfectMoney. I appreciate this decision since it was impossible to fix the glitch and it’s much better to have a calendar day plan than to get into trouble of verifying your account each time and report to the admin about the missing payments. Here is the latest important update about that from MajesticFunds:
“IMPORTANT: Plans Changed to Calendar Days
As you have already noticed there was a problem in crediting the last 1-2 days of interest to some of the investors depending on when they have deposited. So we have decided to change the plans to Calendar days and make it easier for our investors. We will be paying our investors from our back-up fund and will work harder on working days just to make it happen for YOU.
With this change, the investors’ accounts of who have made deposit between 26th April-30th April, will need to be credited manually for some days they may have missed. So please don’t panic as we are aware of this and will start crediting the accounts accordingly and immediately.
You don’t need to send us any email or support ticket, just give us 24 hours and you will have everything running smoothly.
We came online to stay for long and of course will need your support all the time.
Thank you for your support and enjoy earning with MajesticFunds.
Happy Earning.
Best Regards, MajesticFunds Management”.

Another update was sent recently by Charles, the ever active admin of ExoticFX. Honestly, I don’t know where he finds the time to keep up with all of this but I’m not complaining. Ten more admins like this one and the HYIP industry actually wouldn’t be such a bad place. But anyway, if you’ve been following the ongoing saga that is ExoticFX, you’ll no doubt be aware that their ForEx Trading Apprenticeship scheme (FTA) is rapidly taking shape. As a sort of “program within a program” the purpose of the FTA is to train and educate members in currency trading, a handy skill that would surely benefit you in the long run and something you can use away from the world of online HYIPs. And best of all it’s free, provided you are already an investor with ExoticFX that is. If this isn’t quite your field of interest then don’t worry, it’s not mandatory and if you just want to use ExoticFX as a regular investment program then you’re free to do so. But as I said it doesn’t have to cost you anything beyond your existing investment so you may as well at least take a look. You might learn something and where’s the harm in that?
Charles (interviewed here) starts the update with his main point about the launch of their Quick Start program for those members who have already opened an FTA account within ExoticFX and explains briefly the main features and how it will affect and benefit them. As an added incentive he goes on to offer a 10% bonus to existing ExoticFX members creating an FTA account, however if you are only coming across them for the first time and this is all moving a bit fast for you then I would suggest you start by getting a bit more background information on the program by checking my review and description of their investment plans first published on MNO here:
“The ExoticFX Quick Start Program is READY!
You may access it from within your FTA Account.
ExoticFX Quick Start Program Features:
1. Two innovative forex trading strategies that can identify huge currency moves up to 24 hours in advance: Quick Start Breakout Method and Longer-Term Swing Method
2. The two strategies use Only Two Indicators: Price and Standard Moving Average
3. Getting Started in Forex, Setting up a Demo Account and Learning the Charting Software
4. Quick Start Breakout Method (Video Tutorial) Targets 100 -200 pips per trade in 8 different markets, uses a fixed reward-risk return of 2-to-1 and trades normally last 2 -4 days
5. Swing Method (Video Tutorial): Targets 200 – 400 pips per trade, with a flexible reward-risk return of 2-to-1 or better and trades normally last 3 -7 days
6. What to Avoid
7. Learn Trailing Stops – that are actually profitable
8. Recommended Forex Brokers
9. How to use “Support” and “Resistance” efficiently
10. Learn how to Manage Your Money in your account and minimize loss
Benefits of 10 Minute Forex Wealth Builder:
1. You only need 10 minutes a day to execute.
2. Your account will grow as much as 30% a month with very limited risk.
3. Forex beginners can easily apply the methods and earn money quickly.
Average Winning Trades is 70%.
Using both Breakout and Swing Systems and following 8 to 10 currency pairs, you will get around 2 to 3 trades a week.
This Fantastic program will teach you EXACTLY how to trade forex with only 10 Minutes per day!
Quick Start Bonus Opportunity
In an effort to get you even more motivated we are offering a 10% Deposit Bonus for those of you that Register as FTA members and begin the Quick Start Program.
You may register for the FTA program by going to www.ExoticFX.org
This deposit bonus applies to Liberty Reserve deposits only.
Deposit Bonuses will be applied manually as this is a limited time offer.
We want you to realize that You Can Control Your Own Destiny and Take Charge Of Your Financial Future.
Get started today and we can help you to do just that.
Welcome to the Exotic Side of Forex
ExoticFX – Just Profits!
*Note* Recently the Liberty Reserve API has malfunctioned and we have been un-successful to enlist LR’s assistance in correcting the error which is on their end. The API Malfunction caused the double payment of withdraws to numerous members. This reduced our reserve funds below the level we prefer to maintain. We are now faced with two choices…
1) Close a few trades and wire transfer the funds to purchase Liberty Reserve… or
2) Offer this opportunity to our members for their benefit.
By allowing our trades to remain intact and properly mature, we will benefit as this cost will exceed 10%. So this is a win-win for us.
Since we have ample time to do both, we felt you would appreciate the opportunity to increase your profits.
This way FTA members get a Quick Start in more ways than one!”

For the last 48 hours I was paid from the following programs that marked as Payign on MNO monitoring:
ProfitDeluxe, CitrusFinance, PicoProfit, DollarsInstant, EarnoSphere, OilCash, ReProFinance, SiliconValleyGroup, GoldInstant, ViscoCorp, MGFunds, ExoticFX, EliteAlliance, DynamoFunds, GulfReserve, InvestNetGroup, PermanentProfit, MakeDepositToday, GorgonProjectInvest, Opulentia, MajesticFunds, WABFunds, BrilineLimited, PrimFix, BrantonsGroup, UnicornInv, OrientProfit, EurosFund and SafeDepositary.

That’s all I have to report today, guys. Have a very nice weekend ahead and see you on MNO again soon with the latest updates from the HYIP industry!