24/06/2011. DranTex Review and Daily News from the Industry

Beware! DranTex has stopped paying and has been moved to Problem status on MNO! Do not invest!

Hello all! I don’t know about you but I’ve had a much busier week than I expected so I’m sure looking forward to this weekend. I still have another new addition to my monitoring site to get through however, so before tonight’s news I want to have a closer look at a promising new short term program called DranTex. They’re still a brand new venture and came online just a couple of days ago, so you know that if you like them at all (and assuming they succeed) then the best profits are to be earned by the first ones in.

I guess there’s not much to explain about the DranTex investment plans. They’re pretty simple and uncomplicated, and I guess commonplace for the short-term HYIP industry. They do however offer you a choice between an on expiry interest payment and a daily one. I’ll start with the shorter term one of the two plans DranTex has available. It’s called The Strong Plan and it runs for a term of 7 calendar days. Basically all that happens is that in return for a $20 minimum investment you get one single payment on expiry of the term of 120%. Your principal is included as part of that leaving you with a net profit of 20%. So in other words invest $100 today and get $120 back after a week.

The DranTex Standard Plan is a bit more interesting. It runs for a 14 calendar day term and offers daily interest payments. And for a $10 minimum investment it’s also a little cheaper to join. In return for joining you can expect a daily payment of 10%. Your payments will include your principal as part of that and so it will not be handed back on expiry. So you can earn a 140% return by the end of the term, with 40% being your own net profit. Or to put it another way for a $100 investment gets you $10 per day, you break even after ten days, and finish up with $140 in total.

On the face of it there’s not much to separate the two plans in terms of profitability. It’s basically a choice between 20% after one week or 40% after two – much the same thing really but they both have their own advantages depending on what you’re looking for. If you’re looking for a quick profit with a high risk then DranTex‘s first plan is for you. If you want a bit more stability and are prepared to wait a bit longer to see a profit then you go for the second option.

But the thing that really caught my eye was the excellent choice of payment processors. Not only is it better than the overwhelming majority of their competitors (giving DranTex a distinct edge over them by the way), by taking all the major channels for handling HYIP related money fight from the very beginning it indicates a serious program run by an organized and I’m willing to bet experienced admin. DranTex accept AlertPay, GlobalDigitalPay, LibertyReserve, PerfectMoney, and SolidTrustPay (who I’m glad so see seem to be slowly regaining some of their popularity in recent times). Payments are made manually and need to be requested. Minimum withdrawal is $1.

DranTex is running off a licensed GoldCoders script and is hosted by Koddos on a dedicated and DDoS protected Staminus server, so everything is up to a reasonable standard here. For any questions or account related issues the admin can be reached by filling in your details on the e-mail ticketing form found on the home page and submitting it. I also just want to briefly address an issue raised by one MNO reader in an e-mail I received last night concerning the DranTex registration process. Aside from the usual questions about e-currency account numbers and your e-mail address, you are also asked to give your home address. Now, what exactly an online HYIP needs this information for I’m not sure, but if you don’t like it then don’t give it. I wouldn’t be unduly worried about it because this only becomes a problem when people start demanding passport scans and utility bills, which in this case DranTex does not require. If any online HYIP was to ask you for that you would of course need to stay away from them, in this case however you can just write in pretty much any address you like.

Despite having quite a smart looking website the texts are shall we say “borrowed” from a range of sources but contain little if anything that’s original. So if you weren’t going to ignore them anyway you should definitely do so now. That been said it’s not an outrageously priced program in HYIP terms and provided the DranTex admin knows what he’s doing then it could easily be sustained for a good number of cycles. Fingers crossed anyway because we all know there’s no guarantees. Which is exactly why you need to invest modestly sized deposits in all programs and try to keep a diverse portfolio.

DAILY NEWS FROM THE INDUSTRY.

Today I received my first payments from the program which is going to be reviewed on MNO over the weekend and was added just yesterday – TrueWealthAlliance. The program is offering three investment plans with daily payouts and principal returned on expiry – 1.5% for 30 days, 2% for 60 days and 2.5% for 90 days. Currently only LibertyReserve and PerfectMoney are accepted by TrueWealthAlliance but in the first newsletter issued today the admin of the program Martin promised to add GlobalDigitalPay as soon as his account is verified properly by them. Here is the first newsletter from TrueWealthAlliance:
“Welcome, We are now officially launched and moving forward at a rapid pace.
We are excited to bring this program to fruition. It has been an extreme undertaking on the backside to setup all the procedures to absolutely ensure that TrueWealthAlliance will be successful and exceed your expectations.
For our members we have gone above and beyond necessity to create a program that will eventually become unrivaled. We have no immediate grandiose ideals of superiority in any way other than perseverance and our ability to provide exactly what we have made available. While the design and features of the website may be average, we can certainly boast as it pertains to our diligence and determination behind the scenes. Certainly there will growth in areas of design and features; in fact we will be adding Global Digital Pay over the next couple of days once our accounts are verified.
We are very much looking forward to the next several months and beyond as this program steadily becomes a mainstay for those of you that are determined to align yourselves with us.
Your Financial Ally
Martin Campos. TrueWealthAlliance”.

Speaking of GlobalDigitalPay (GDP) processor I read yesterday on my ShoutBox that many investors are concerned that the vast majority of exchangers have either dropped GDP or accept them only for ridiculously high exchange rates. Such a situation can’t fail to bother me as well because these issues started right after it was just getting more popular after sponsoring some deals with the current #1 program on MNO GorgonProjectInvest (reviewed here). But the popularity was in vain as their out- exchange rates suffered significantly over the last week or so and many exchangers simply don’t want to deal with them right now. In order to find out what might be wrong with GlobalDigitalPay I decided to ask their support by submitting a ticket on the website. To my surprise I received a reply quite fast from one support staff member called Michele. I guess this email explains everything and I really hope that GDP will come up with a solution soon as promised:
“Hi Paul, Thank you for your support ticket.
I understand your concern but this should be just a short term issue.
If it does happen to continue for longer than expected, GDP will start to handle the out-exchanges themselves as the exchangers should be more cooperative.
The response from GorgonProjectInvest has surprised everyone and its totally flooded the market due to its popularity.
I hope that helps.
Best regards, Michele”.

I was glad to see your reaction to my review of Corraliva in my shoutbox and mailbox today after it was published yesterday (read it here). It just proves that MNO readers are against racism and won’t support hate campaigns against other human beings, and won’t support an admin who scammed everybody with his previous program. I guess my revelations will really do some good for investors as it was simply dishonest to delist a paying program. To be honest I also didn’t feel like giving him a refund. At the same time it was impossible for me to remain silent about such behavior. I was not really expecting such a positive reaction, but if you still want to make any investments to Corraliva even after reading my review just read the news regarding the coming upgrade to a new script and design which is yet to be done as I can only see the old one still with no real changes:
“Site Upgrade
We will bring the website down for a couple of hours in order to upgrade it to a brand new design and script. We thank your patience and hopefully you will enjoy the new look of Corraliva.
Nelson”.

I’d like to note that even despite the official newsletter from EarnGroups yet to be released it looks like the admin of the program kept the promise of actually changing the layout of the site completely and adding an SSL-connection. Everything has been done today and you can see the result for yourselves on the EarnGroups website. The admin has just requested an interview on MNO to discuss the changes and I will gladly send it to him very soon. I think for such a special program that has been running for over 400 days and still paying for the recently added plans of 120% after 5 days and 145% after 10 days to AlertPay, LibertyReserve and PerfectMoney the interview is a well deserved bonus which will allow them to give an overview of the program and discuss its future which is likely to be bright in my honest opinion. If you already want to take a look at how EarnGroups looked before today’s upgrade please refer to my review of the program published here as the investment plans remain the same.

SafeDepositary (reviewed here) was not available today for some time and I guess it might have something to do with the installation of the multi-lingual interface which will enable German, French, Italian and Spanish speakers to get a totally customized version of the website in your native language by clicking on the flag icon on top of the main page. The admin also promised that SafeDepositary would add some more Asian languages in a few weeks:
“Multi-language interface
Dear clients! SafeDepositary programmers have completed multi-language interface integration. Since today SafeDepositary website is available in German, French, Spanish and Italian languages. Asian languages will be added in July.”
SafeDepositary is actually one of the most popular long-term programs online paying for about a year on plans offering 1.6%-2.3% for 150 business days with principal returned on expiry. They accept all the popular payment options including AlertPay, SolidTrustPay, LibertyReserve and PerfectMoney with direct Bank wires also taken. In most cases withdrawals from deposits which can start from as low as $10 are processed instantly and sometimes within 24 hours. SafeDepositary has been monitored on MNO for exactly 100 days and occupies the #5 position in my rankings.

Staying with MNO rankings you might have noticed that GulfReserve (reviewed here) has reached the second spot there late last night. This is a wonderful achievement after only less than three months online which the admin Alina (interviewed here) wanted to commemorate by starting the long-anticipated cash contest on the MNO forum where within the next week everybody will be able to win a $5 cash prize straight to your PerfectMoney account. I have already made a thread on the MNO forum for the contest (you can check it out here) but am currently still waiting for the questions from Alina. Hopefully everything will be underway by tomorrow. So stay tuned for your chance to grab some free money in the upcoming contest sponsored by GulfReserve! For those who are still unfamiliar with the program I remind you that they accept three payment processors (AlertPay including Credit card payments, LibertyReserve and PerfectMoney) paying on three main investment plans – 4%-5.5% for 30 business days, 1.2% for 150 calendar days, 105% after 5 calendar days. Payouts are always processed instantly and the minimum to invest starts from a bargain basement price of $1. You might be also interested to check out the MNO forum thread for the full chat transcript with Alina by clicking here.

The administration of FeoCash (reviewed here) has emphasized that multiple accounts created by members will not be tolerated and warned that such accounts would be suspended and all the funds forfeited. In my opinion such unnecessary newsletters can scare off many potential investors from depositing in the program because too many admins in the past used such excuses to start paying selectively and keep the money of larger investors. I hope FeoCash is different and that they really have the best intentions to keep paying on all the offered plans (4.33% hourly for 24 hours, 118% after 4 days, 150% after 10 days, 280% after 30 days) via LibertyReserve and PerfectMoney which they have been doing for over two weeks now during which they have been listed on Premium status with MNO. Here is the latest notice posted on the website of FeoCash:
“Notice on suspension of accounts
Recently we have found many investors have opened mutiple accounts. This is strictly forbidden in our program. We have mentioned in our User Agreement and FAQ that one investor could only open one account. If you are found to open multiple accounts, your relative accounts will be suspended and you should be responsible for all the consequences caused by suspension.”

Everybody who joined UnitrustDirect is aware of the fact that the investment process in the program is quite complicated. It’s different from other HYIPs due to its original and unique script and many other features, some of which were analyzed in my detailed review of the program posted here. Well, for the purpose of educating the investors the admin of UnitrustDirect which pays 107.1% after 10 days, 123.8% after 25 days, 194% after 65 days and 403.4% after 125 days instantly to LibertyReserve and PerfectMoney provided a detailed guide on how to invest properly. I believe it will become a useful tool if you decide to try out UnitrustDirect which has been monitored on MNO for nearly a month already. Here is the small newsletter posted on the program’s website:
“Investor`s guide
Are you new to our service and looking to give us a try? Kindly take a look at this detailed guidance that will take you through the key steps in registering a new investment account, making an investment, managing your account and processing a withdrawal.”

Now it’s time to get to some bad news about the closed or problematic programs which used to be monitored on MNO.

Possibly it’s better to start with the unexpected though hardly surprising collapse of OrangeBucks – a program added to MNO just three days ago and the interview with the admin of which I was planning to publish on MNO today. It looks like this was a short-lived program which lasted only for two full cycles and apparently it was really hard for them to sustain the high payouts of 110%-125% paid after 24 hours. He told me today that OrangeBucks suffered badly from hit-and-runners and even the limitation of $1,000 deposits to be added on the admin’s approval looks not to have saved them. On the other hand many lucky and fast investors still managed to get some nice profits paid instantly to LibertyReserve and PerfectMoney. Really, it was a fascinating game and I just wish it could have lasted longer than that. But anything can happen in this industry and sometimes the unexpected happens even for the admins. So assuming what he told me today was true the admin actually lost money himself trying to provide a better service for the investors. It looks like he didn’t succeed and blamed hit-n-runners for the failure. Well, if it’s true (which I really doubt, by the way) I’m glad that the investors were clever enough to outsmart the admin of OrangeBucks in this game:
“Dear investors,
We have to report that OrangeBucks has come to the end. Why, you ask? The reason is simple – blame hit-and-runners. We tried to do a nice design, style, used custom script and allowed instant payments. And what do we got in return? A group of people who jump in on the first lap, withdraw everything the next day and run. Then, what’s the point if you do not value all our efforts? As a result of the project, we were in the red for -$2,500 of our own money. Sorry, we’re not going to go even more negative. Project closed. Good luck.
Steve”.
Please notice that OrangeBucks has been moved to Scam status on MNO already and do not invest there anymore!

BetterMoneyLife has been moved to Problem status on MNO tonight. It looks that the payments to AlertPay are still processed instantly while the payments to PerfectMoney and LibertyReserve are pending for over 24 hours now. It’s surely not a good sign and actually I believe the program is collapsing now. So please do not invest in BetterMoneyLife anymore either!

You might remember that I was attempting to move LucrativaFund (reviewed here) to Problem status on my monitor twice today. This was done due to confirmed complaints from my referrals in who didn’t receive their pending payouts for a long time. Well, one issue was already resolved last night and the admin of the program Richard (interviewed here) paid what he owed to that person. Today though another issue was reported and confirmed but the admin failed to pay another member of my downline, processing only a partial payment and saying that the full payment would be done on Monday. Since my referral agreed to such terms I have moved LucrativaFund back to Paying status on MNO. Very possible that AlertPay might kill another good program as Richard told me that his program also had issues with them now which he’s trying to solve urgently in order to pay everybody in time. So do we have another victim of AlertPay’s malicious and harmful activities? We will find out soon enough and I really hope that the situation with LucrativaFund will not repeat the history of other programs that were closed by them.

The following programs have paid me for the last 24 hours:
GorgonProjectInvest, CyproRealty, PrimFix, DranTex, EasyDollarsGrowth, Insectrio, ReProFinance, GulfReserve, AlphaForex, FeoCash, Opulentia, BrantonsGroup, EurexTrade, EarnGroups, PermanentProfit, LucrativaFund, StockBiz, SafeDepositary, WindFund, AdvanceFund, PowerfulStrategy, GlobalFxTrades, OnlineWealthFund, UnicornInv, BaseBucks, ViscoCorp, EverydayEarnings, IntelliCapital (the first payment received), TrueWealthAlliance (the first payments received) and TimeIsMoneyInv (the first payment received).

The newest addition to the list of short-term programs on MNO is a brand-new one called TimeIsMoneyInv. I guess this is a very meaningful name as this program you will really have to be quick to make a profit. TimeIsMoneyInv accepts AlertPay, PerfectMoney and LibertyReserve and you can invest in the following plans with as low as $10 – 8.5% hourly for 12 hours, 4.35% hourly for 24 hours, 2.28% hourly for 48 hours, 1.59% hourly for 72 hours, 117% after 3 days, 128% after 5 days, 166% after 10 days. As you can see all the investment plans in TimeIsMoneyInv can be divided into two categories – paid hourly or paid on expiry. I myself was always a fan of hourly plans because the risk is significantly reduced and even if the program collapses in the middle of your investment cycle you will be paid something. In on expiry plans you lose everything. Of course paid on expiry plans always offer higher returns to compensate for the increased risks but this is the thing every investor must decide for himself. The choice is always either get less profits with less risk or possibly much higher profits with increased risks. I notice that unlike other similar hourly programs TimeIsMoneyInv is not paying instantly. Instead the admin asks to wait for 12 business hours to receive your payout. My first payment was processed just within an hour after request but be aware that it could take longer sometimes. TimeIsMoneyInv is running off a licensed GoldCoders script and is hosted on the popular dedicated AntiDDos server located in the Ukraine. You might remember a few successful short-term programs hosted with this provider but how successful will TimeIsMoneyInv be? I can’t answer that myself but hopefully it will have a good run and we make some money from it. a more detailed review of the program with analysis of all the investment plans the program provides will be given in tomorrow’s review. Stay tuned for that, guys!

That’s it for today I think, so have a good weekend. As for MNO, I will continue working to provide you with the latest news from the HYIP industry on a daily basis because this industry has no breaks you know and sometimes a delay in getting the right info can cost you a lot of money. I full understand that and that is why tomorrow you will see another update on MNO. See you then, guys!