04/04/2012. Daily News from the Industry

Hello everyone! Thanks for joining me again for the latest news and updates from the most popular high yield investment programs online listed on MNO. Today I have a lot to share with you, including the introductions of two new programs joining the Premium list on MNO today and two warnings about possible scams with which I want to start the news with today.

VERTICALPROFITS AND GLOBALRESOURCES ON PROBLEM STATUS!

VerticalProfits and GlobalResources have been moved to Problem status on MNO tonight, however both of which were due to different circumstances which I’ll tell you about below.

Wednesday should have marked the first day investors in VerticalProfits were due to collect their first profits from the program which offered 22% for 5 business days. Unfortunately it looks like they won’t be celebrating after all as after some hacking attempts allegedly made yesterday were reported in two disturbing updates sent by the admin. The problem appears to be far from fixed today too. Just to give you an idea of what might happen I can show you both updates sent to members of VerticalProfits yesterday:
“Greetings!
This is to bring to your kind notice that ,many of our clients accounts are being hacked and the account data is being changed. So i request all of the clients to please check your LR/PM account again before giving any fresh request for withdrawl.
Thanks. Rhody.T
Greetings!
As, some of the clients data was edited today by a hacker, so Please check your E-MAIL ID and LR/PM account before requesting withdrawl. If you are unable to do the changes yourself, we will be there on Live Support till the problem is resolved. You can also contact us on Yahoo Messanger id (YM) – verticalprofits@yahoo.com.We will be there 8-10 hrs a day.
Thanks. Support Team”.

The thing is that I witnessed myself how my own LibertyReserve and PerfectMoney accounts in my VerticalProfits member’s area were removed in front of my eyes. The strangest thing is that it’s not supposed to happen at all as all the changes must be authorized by the member by entering the one-time code sent to your email address registered with the program. Whats even weirder is that VerticalProfits used a licensed GoldCoders script with such loopholes I was never aware of. So it’s possible to imagine that the site was really hacked and that the hacker was even able to steal some money by changing account details of the payee, as the program processed them instantly for some time. To the admin’s credit I can confirm that after the alleged attacks (provided it was true and not just a lame excuse to scam prematurely!) he took the necessary measures to regain control of the site and even contacted me first to confirm my PerfectMoney account which I used for withdrawals and paid me promptly once I verified it. I was also unaware of any other issues with payments for my readers from VerticalProfits up until today when history repeated itself and my accounts were changed once again. I could only view this as confirmation that the hacker was still in control of the site and the admin has nothing to fight him with. So now I believe he just gave up and stopped paying at all. I can’t tell you this with 100% certainty as the rules posted on the site ask for 24 hours to be paid and don’t guarantee instant payments. However the thing that the admin didn’t reply to my queries yet so I believe it’s appropriate to keep the program on Problem status for the time being. In my opinion it’s highly unlikely to recover by tomorrow. So investments in VerticalProfits at this point cannot be recommended at this point at all. I will notify you tomorrow if the situation changes.

As for the problem with GlobalResources, I must say that the admin did warn today of possible delays with withdrawals which his program was supposed to process manually twice per day for every investor. Here are the two messages which you can currently see on the website:
“On the server conducted the technical work. We have some problems with our payment server. Some payments has been sent manually. All interest payment will be deposited directly to your e-currency accounts between 14:00 to 16:00 GMT. Sorry for the late payments. Thank you for your patience.
Technical work is finished, all payments has been sent as usual. If interest was not transferred to your account – please send us an e-mail stating so, and we will quickly correct the problem.”

That was ok, but later on I got some alarming emails from readers telling me that their withdrawals from GlobalResources were not processed today and moreover, the monitoring logos on the rating page of the site had been replaced with the static saved images while the MNO logo was removed completely. That is usually a sign of an imminent scam so I wrote to the admin for an explanation. No surprise that I’m still waiting for his answer so I moved the program to Problem status on MNO. Still in my opinion, GlobalResources was a great program which managed to survive for two months with 4-7 days high ROI plans and almost impossible to imagine in the current harsh industry climate. Even after adding MNO which obviously triggered an increase in popularity. GlobalResources managed to stay on Paying status for 9 days, though bringing profits to all the investors who joined the program on the first days after its introduction on MNO. Unfortunately such high paying programs don’t last forever, so if you didn’t win I hoped you played with money you could afford to lose. If you are only considering joining them now please don’t do so as GlobalResources is a scam now!

I think that’s enough talk about the bad things in the industry, though I felt it was important to get my point across. So let’s talk about more positive things and the first thing that comes to my mind is the Easter holidays which I hope you’re looking forward to spending with your families and loved ones.

EUREXTRADE – HOLIDAY PAYMENT SCHEDULE ANNOUNCED

You might be aware that some of the popular programs (like NewGNi for example) have already announced their payment schedule for the coming holidays. I expected to see more such announcements, and this was followed by EurexTrade which can be proudly named the oldest program on MNO after being added in March 2011, cementing its rightful spot in the Top 5 most popular programs among MNO readers. I think this is just an incredible achievement which all other admins should follow as their guidance when they think of running a stable and long term program. Obviously the admin of EurexTrade (read my interview with him here) is doing something right as he manages to pay on up to 2.9% daily returns on every business day and makes payouts to both LibertyReserve and PerfectMoney instantly and does so for over a year now. The first members of the program should be particularly pleased and be profit many times over as the program has no expiry date. I guess one of the secrets of a long life is the variable returns, as today you can get 2.9% and tomorrow it might only be 0.2% and the flexibility of your principal withdrawal which can be done with fees after a 25 business day lock-in period and free of charge after 170 business days. If you missed such a wonderful program as EurexTrade and would like to find out more about it and its investment plans which are quite unorthodox by the way, you’re welcome to read my detailed review published more than a year ago but still relevant in most points by clicking this link. Here’s the latest short update from EurexTrade‘s site talking about two days when the interest is not going to be credited to the members’ accounts (instant deposits and withdrawals will not be affected by this):
“Bank Holidays in April
Dear investors, we dont trade these non-business days due to a low market activity and high possible risks.
04/06/2012 Good Friday
04/09/2012 Easter Monday
Deposits and withdrawal requests are processed as usual even on holidays and week-ends.”

AMBRIANINVESTMENT – STP ADDED

There’s some good news for the investors of AmbrianInvestment (reviewed here). They’re developing further and starting from today in addition to LibertyReserve and PerfectMoney you can also join their 5%-20% for 30 days plan using SolidTrustPay. I know that’s be great news for everyone who prefers STP as a payment processor and might have avoided joining the program until this happened. I must add that I myself was not able to add my STP account manually which is probably connected with possible security concerns (which is probably a good step as this contributed to killing VerticalProfits prematurely). After contacting the admin of AmbrianInvestment though he did it for me himself quite fast. The news about that is yet to appear on the AmbrianInvestment website, but it was confirmed to me by the admin. I hope it will encourage many investors to join the program which has been running for around four months now. Despite my concerns of frequent plan changes AmbrianInvestment is still paying fine and even the recent downtime didn’t affect its performance much. I hope that it’s a good sign of the admin’s perseverance and serious attitude towards keeping payments fast and reliable.

FELMINAALLIANCE – CURRENT DOWNTIME EXPLAINED

It looks that some other programs were under DDoS attack for the last couple of days and the admins dealt with them differently. Some didn’t even bother to update their members and were back quite fast after mere hours of downtime. On the other hand the administration of the popular FelminaAlliance (reviewed here) takes its responsibility to inform the investors seriously and issued two updates regarding the site’s downtime. I must say that the first two updates regarding the reasons for the downtime actually contradicted each other as the first one mentioned complicated maintenance, while the second (probably more truthful) one shared their bad experience with their hosting provider BlockDos forcing them to upgrade their level of DDoS protection to the highest level. I think this is a good sign which indicates that the administration of FelminaAlliance possibly have a long term plan in place to ensure even the newest members will profit from its investment plan paying 1%-1.6% for 180 business days with principal back on expiry to LibertyReserve, PerfectMoney or AlertPay accounts. FelminaAlliance launched in July 2011 and so it’s an already well established program which at the same could turn off potential investors concerned about the risks associated with their age. Anyway, I’m treating this move very positively and just hope it will prevent the future DDoS attacks and that FelminaAlliance will become invincible. These are all the newsletters during the last 24 hours:
“[FelminaAlliance] Newsletter
This is a brief news update from FelminaAlliance Inc.
Our website may have been temporarily unavailable in some parts of the world during the last several hours due to servers maintenance.
The maintenance has been done to ensure seemless operation of our system.
We apologize for the inconvenience caused, but the maintenance turned out to be more complicated than we initially expected. This is why we have not announced it in advance.
Our website is now fully operational and available everywhere in the world.
Please find a moment to visit our official Facebook page at http://www.facebook.com/Felminacom. This is the fastest way to read the latest news and updates.
Please do not hesitate to contact us should you have any questions and need help with anything. Your thoughts on how to improve our website and the services we offer are more than welcome.
Best Regards,
Marketing Department,
FelminaAlliance Inc.”
“This is a brief news update from FelminaAlliance Inc.
Our website is under a massive DDoS attack so our website is not available at the moment. Our technical department is now working on the problem and we will fix it really soon. We are now moving to the professional anti-DDoS protection setup that will prevent any such attacks in future. The move will take a few hours. Thank you for your patience and please bear with us until we resolve this issue.”
“Our website is now fully available.
We have completed the move to the new professional anti-DDoS protection setup that would prevent all possible DDoS attacks on our website in future.”

ENR-G – FIRST PRINCIPALS RETURNED

There was another newsletter issued by the admin of ENR-G informing members of two important achievements the program reached recently. The first is having over 3,000 members now which is easily explained by the high quality of the program described in detail in my review published here and its instant payouts offered to all four popular payment options – LibertyReserve, PerfectMoney, AlertPay and SolidTrustPay. The second achievement is more important in my opinion as it marked the first principals returned on expiry to the first investors who believed in the bright future of ENR-G from the beginning and invested in its shortest term plan offering 1.2% for 30 days with principal return on expiry. Investors preferring the 2.2%-2.7% for 90 days shouldn’t be disappointed either as the program has paid them fine for the first month so they should soon reach the break even point. The admin has also extended his advertising banners on MNO a few days ago. I think the positive approach and the gradual growth of ENR-G might attract more investors now that the program proved the seriousness of their intentions. Not an easy thing considering the number of of low-life scammers overrunning the industry now with their fast scams. I believe that ENR-G was built to run for a long time and I hope that the admin will do his best to show it to the investors by prompt payments for many months to come. Here is the newsletter outlining these two important milestones in more detail:
“ENR-G – Two Milestones Reached!
This is just a very brief newsletter to update you on things happening with ENR-G. We are constantly striving and working very hard behind the scenes to find the perfect balance of promotion and new features to keep your interest and ensure that we maintain the steady growth that we have been seeing since our beginning over 30 days ago.
We reached two very important milestones for ENR-G over the last two days. The first is that we have crossed the 3000 member mark. This is a really great achievement and one that we feel reflects the general positive sentiment surrounding ENR-G and Diverse Traders LTD very nicely.
Secondly the members who joined us on days one and two and deposited into the hydro plan have received their principals back already. This is another great milestone in that many members, we are sure, were waiting for this to happen to be sure of our seriousness to take ENR-G to levels far beyond what most are used to.
Thank you all very much for your tremendous support and we are always here to help should you need us.
Joshua. Diverse Traders LTD.”

GENIUSVENTURE – BACK TO NORMAL?

I’m glad to report that I have decided to leave GeniusVenture on Paying status with MNO despite the admin suddenly changing the plan from 1.5%-3% for 300 days to the much less attractive 0.5%-2% for 300 days at the same time leaving the higher paying plans – 7%-8% for 180 days, 2%-7% for 90 days, 17%-20% for 70 days – intact. Anyway, in my opinion those plans were designed to fund the payments for the lower paying original plan that was properly analyzed in my first review of the program published here. I’m sure that many members realized that GeniusVenture is most probably run by the admin of EzProfit whose tactics were discussed in the article published here. So the more members realize how it all works the less are inclined to invest in the higher paying but too-good-to-be-true plans offered by GeniusVenture. I took into consideration the admin’s terms and conditions stating that he can change the rates at any time, but this is definitely not a good enough explanation for the majority of investors who feel tricked by such sharp practice. It might be good for the program’s longevity though as I believe they might still pay for a number of months, especially after taking such drastic actions in slashing most of the expected profits from the first investors of GeniusVenture.

The main thing about my argument with the admin of GeniusVenture and my original intention to move the program to Problem status on MNO was not the change in investment plans (though I cannot take it positively either) but rather the negative balances some of the members found themselves with after the drastic change. In particular, I had one member of GeniusVenture from my downline complaining of this happening to his account. I managed to log into his account to discover he was telling the truth, which prompted me to contact the admin asap and demand he fix this ridiculous situation. This is the reply I received from him:
“We didn’t take back the money. We will credit back to his account. It just the script calculation error.”
Although I cannot say I was entirely satisfied with this and I believe he was not telling me the whole truth (otherwise why would other accounts including mine not be affected) but the reason I intended to move GeniusVenture to Problem status in the first place didn’t exist anymore. So I’m leaving them on Paying status for now, however I can’t say I’m recommending to invest there as with the reduced profits from the main plan it’s almost impossible to gain profits considering the program’s reputation was really tarnished by the admin’s actions.

INVESTIX – FIRST REFERRAL CONTEST RESULTS

In spite of all the efforts undertaken by the admin of Investix during the first weeks online the program seems unable to gain momentum and is still flying under the radar. I believe the situation might change after the completion of the first investment cycle for the 5%-7% for 25 days plan which is only days from completion. It looks like all the new features introduced by the admin failed to attract the desired level of attention to his program, at least from MNO readers, but maybe the situation will change soon. Yesterday the results of the first referral contest were announced and the alleged winners were credited with cash prizes while the admin announced a second referral contest. Meanwhile, if you enjoy instant payments to LibertyReserve and PerfectMoney you can consider adding Investix (reviewed here) to your portfolio. Here is the latest news from them:
“Referral Contest Winners Announcement
This is a quick newsletter, and I am glad to announce our first referral contest has ended and the prizes were rewarded to winners. Sorry for a quite delay in this announcement as we are working on the unique and innovative features that were described in our previous newsletters. The amount of $250 USD for the first winner “invdutchgroup”, $100 USD for the second winner “decarlosveslo” and $50 USD for third winner “monetary” were sent to their LibertyReserve accounts!
We have reset all figures on contest page too and the second round of this referral contest has already begun! So start referring more people as top promoters are ranked by the sum of investments made by their direct downline. We will announce date for winners announcements and reward in our upcoming newsletter so stay tuned!
You may track your performance directly from here:
https://www.investix.net/contest.php
Regards, Hamzah M.
Investix Management.”

ALERTPAY – PREPAID CARDS ON THE WAY

Some exciting news announced today on the official blog of AlertPay was about the coming prepaid cards they will be offering to their clients soon in collaboration with a UK based firm involved with this type of business. There was no exact timeframe given but I’m hopeful that AlertPay will be able to expand both deposit and withdrawal options pretty soon and will make it more convenient to HYIP investors to handle their money and justify their high fees compared to other payment processors. Here is the news report from AlertPay in full:
“Exciting Times for AlertPay and You!
There are big changes going on at AlertPay. We have recently merged forces with MH Pillars, a UK-based firm specializing in prepaid card solutions, in order to bring you, our valued customers, new and improved services. In the coming weeks, we’ll be able to tell you more!
In the meantime, how does this affect you? It doesn’t – it’s business as usual! Your AlertPay account stays the same; your money and your information are managed in the same way. Just keep on doing what you’re doing – we will continue to provide you with the best support and most flexible services in the industry!
Who are we merging with?
MH Pillars Ltd. is a prominent player in the prepaid card industry. This UK-based consulting team provides white label prepaid card solutions to customers worldwide. They offer their international clients customized solutions for their payment service needs – from the design, development and implementation of turnkey payment solutions, to the establishment of fast and secure transaction processing.
Why did we merge?
As our CEO, Firoz Patel, explains, “We are very excited to join forces with MH Pillars, and their team of seasoned professionals. We feel that our e-wallet and payment processing capabilities coupled with MH Pillars prepaid-card expertise will form a symbiotic relationship. Working with the industry expertise of MH Pillars will help accelerate our target market penetration, along with increasing the service offerings for our current customer base.”
Stay tuned for some more exciting news to come about our expanded service offerings!”

INTRODUCTION OF PRIMEXCASH

PrimeXCash is one of the two programs that have been added to my Premium list tonight and perhaps it’s the most complicated when it comes to describing their investment plans. They are very different and there’s lots of them! – 1% for 30 days, 1.1% for 35 days, 1.3% for 36 days, 1.43% for 42 days, 1.2% for 45 days, 1.56% for 54 days, 1.3% for 60 days, 1.69% for 72 days, 1.4% for 80 days, 1.82% for 96 days, 1.5% for 105 days, 1.95% for 126 days, 1.6% for 135 days, 1.7% for 150 days, 2.08% for 162 days, 1.8%-2.21% for 180 days, 2.34% for 216 days. Please note that for all the plans the original principal is returned in installments combined with your daily interest payments which will be paid on business days only. Honestly, it will take me some time to explain all the investment plans in detail, so tune in tomorrow for the review of PrimeXCash which you shouldn’t miss if you want to understand how it all works. As for my own first impression of the program it’s quite positive as the script PrimeXCash is running off is very unique, the site is fully SSL protected, and is hosted on dedicated servers provided by BlockDos which is one of the industry leaders and doesn’t come cheap. Although some of my readers noticed that the design of the website is a cheap template I don’t usually pay attention to such things as they in no way determine the potential, which in the case of PrimeXCash I expect is quite high. One more thing worth mentioning is that currently only LibertyReserve is accepted as as a payment processor. Deposits start from $10 and that withdrawals do not need to be requested as they will be processed to your LR account at 12 pm GMT or around that time as specified on the site which in my opinion makes it even more convenient. More on PrimeXCash will be published tomorrow.

INTRODUCTION OF ECOLANDFUND

EcoLandFund is the second program added to MNO’s Premium list tonight. They accept both LibertyReserve and PerfectMoney starting from $10 and offer 3%-4% returns for the duration of the investment term which is 50 business days after which you can expect your original principal to be returned. EcoLandFund is based on a licensed MonetarySoft script so most times payments can be made instantly while in some cases the admin asks for 48 hours in order to processed them to your LR or PM accounts. EcoLandFund is an SSL secured website containing not much info apart from the basics and some green eco-friendly images. The site is hosted on a dedicated Staminus server and the services are provided by HighHosting which I heard only good things about so far. EcoLandFund was launched five days ago and is still considered as a very new program. I’ll look at it in more detail very soon but meanwhile you can check out the website if you consider investing there and read the welcome message posted straight after its launch:
“EcoLandFund has now launched its financial services to members from all over the world.”

GET PAID REPORT FOR 04/04/2012

Here is the list of the programs from my monitor that paid me for the last 48 hours:
From MNO Sticky list: HoldingsTrade.
From MNO Premium list: TopsFund, NewGNi, Royalty7, OneInv, EurexTrade, GeniusVenture, BensonUnion, ProfitableSunrise,  SolidForexLtd, FelminaAlliance, VascoForex, AmbrianInvestment, Investix, PlexCapital, SilverStructure, ENR-G, DividendService, MyDiamondShare, FreedomTradingLtd, MoneyEra, CFDonline, PrimeXCash (the first payment received).
From MNO Standard list: PanamaHedgeFund.
From MNO Basic list: UFOWin, WalesFinance.

That’s all the news I have for you on MNO tonight, guys. I hope that you found it informative, and if you did then please don’t forget to subscribe to my daily updates delivered straight to your mailbox every morning. Also you might want to check my blog tomorrow for a detailed review of PrimeXCash which has been moved to Paying status on MNO and of course all the other main news stories. Stay tuned for more info and see you all tomorrow!