{"id":1097,"date":"2009-03-02T23:54:46","date_gmt":"2009-03-02T23:54:46","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=1097"},"modified":"2009-04-24T12:02:54","modified_gmt":"2009-04-24T12:02:54","slug":"020309-projectsurf-review-and-other-news","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2009\/03\/02\/020309-projectsurf-review-and-other-news\/","title":{"rendered":"02\/03\/09. ProjectSurf Review and Other News"},"content":{"rendered":"

THIS PROGRAM IS DELAYING PAYOUTS! PLEASE DON’T INVEST!<\/strong><\/p>\n

Hi everybody! So I guess you’re all “Monday Morning” people and all eagerly awaiting the start of yet another working week. Like myself then, lol! But seriously though, I do have a number of ideas in mind for some reviews this week but at the moment those plans are being, I suppose, “influenced” by the current situation with LibertyReserve<\/a>. There was a somewhat promising HYIP I intended to look at today but under the circumstances I think it best to stay on the topic of autosurfs. At least for another day anyway. But not to worry. It’s actually not a bad site at all and out of the recently launched surfing programs (of which I am almost losing count of at this stage by the way) this one would definitely rank amongst my favorites. It’s called ProjectSurf<\/a> and I have quite a good first impression from both program and admin alike.<\/p>\n

“Oh no Paul! Not another autosurf!” I can almost hear you shouting at your computers. But bear with me on this one. I think it will prove to be quite sustainable if in the right hands and with the right level of member support. And anyway, it’s not an autosurf. It’s a manual surf which from the word go makes it a much more popular option from the advertiser’s point of view. But what about from the investor’s point of view? A profitable and sustainable plan is what is going to get us to pay closer attention to any program and I think ProjectSurf<\/a> has just that. A daily rate of interest of 9% <\/strong>is available for 15 days<\/strong>. During this term you will be required to manually surf fifteen sites daily. Payment is on expiry and the list of accepted payment processors currently includes SolidTrustPay<\/a>, StrictPay<\/a>, LibertyReserve<\/a> and AlertPay<\/a>. The price of one ad pack in ProjectSurf<\/a> is a modest $6. You are allowed to hold anything up to 500 of these at any given time, or in terms of value $3000 worth. The total return on your investment will be 135% by the way, but I’ll come back to that in just a moment.
\n\"\"<\/a>
\nAfter we see the plans we should now look at security. A few lessons were learned the hard way here I think, with ProjectSurf<\/a> having already suffered a DdoS attack before being moved to a dedicated server. Better late than never though and I do stick by my belief that dedicated servers are the way to go. An added expense perhaps, but when you consider the damage that can be done by malicious attacks, in some cases even closing a program, sharing a server can prove to be what is known as a fool’s economy. Security is not for cutting corners. But that’s all in the past for ProjectSurf<\/a> now, and are working away as well as ever now, being hosted by the increasingly popular HushHosting. The script is licensed from the always dependable Neversay.<\/p>\n

The admin on this project is called Frankie and at once I can say that this man will be a huge asset to his own program. He is on one hand quite the realist and makes no pretense about the site. He seems to have realistic and genuinely achievable targets for the program. But on the other hand he is also ambitious and I can see that he is actively seeking extra revenue for the ProjectSurf<\/a> at every given opportunity. Couple this with the fact the they offer a more modest (but therefore more sustainable) return than most surfing sites, and the fact that being a manual surfing site will only endear them to paying advertisers, and it really does look like the major groundwork has been done for the next big thing in this industry. It will take a braver man than I to start declaring any new site as “The New Aggero” or “The New PAC”. That would just be a silly statement to make anyway. But the fact is that there is a big void out there to be filled right now and ProjectSurf<\/a> is looking most likely to fill it.<\/p>\n

And just to finish, a quick word as usual to remind you that as we have seen time and time again in the past that no online program is exempt from failure so remember to diversify your portfolio. And if that’s what you’re already doing, then you might want to start with ProjectSurf<\/a>.<\/p>\n

Other news for today.<\/strong><\/p>\n

Well, guys! It seems AggeroInvestment<\/strong> is over. Yes, we had a great 6-month long ride but every surfing site should close sooner or later and we all need to be aware of that. Another question is how it will happen. The admin of AggeroInvestment<\/strong> Roger showed that a successful program can be run despite any difficulties and for a long time. I only found one strategic mistake in his actions which eventually caused the end of the program \u2013 merging with PAC. As you might remember I was against such a move as I didn’t understand reasons. Well, it appears now that the real reason that Roger handed over AggeroInvestment<\/strong> to somebody else was that he wanted to start his new project Xchanger. At the same time, he didn’t want Aggero to fall into the wrong hands. As Roger explained to me merging with PAC was the only choice for him not to close Aggero prematurely as he had no time to manage the program by himself. The unfortunate circumstances that led to the closure of PAC hit Aggero as well because investors simply preferred to ignore the fact that Roger came back to save the program and started to withdraw money with a very high speed, especially heavy-hitters. You know how this can badly affect even the most stable program which Aggero definitely was before the PAC collapse. So again one mistake is all it takes \u2013 if not for the merging with PAC Aggero might have stayed afloat for much longer. On the other hand, without the help from PAC admins Roger was unable to manage the site himself and simply would have been forced to close it anyway. Which option is better is for you to decide. Anyway, AggeroInvestment<\/strong> is history already but not for the members that are not in profit. They are supposed to wait for their refunds for a couple of months until Roger gets some additional income to pay to everybody not in profit. But even the partial refund many people are receiving now is highly appreciated, considering how the majority of admin-scammers would simply disappear without a word should any such issue arise. That’s why I’m still for Aggero and for Roger and I will support any new project that he would begin in the future because I know that this man can be trusted and he will be honest with us till the end. Anyway, for those who don’t know the details of the farewell email from the admin of AggeroInvestment<\/strong> here it is:
\n“Hello members, I would like to address some of the questions being fielded on MMG and other forums…
\n1st – I am not gone. It was the weekend and many of you know that I do not go online during the weekends. I do go online from time to time but just to pay pending requests, but that’s about it.
\n2nd – As I’ve said in my previous newsletter, ‘2nd- pay all requests on all those that are not in profit yet until March 1st’, that was what I have been doing. Only paying those who are not in profit yet that requested. If you are in profit then you are at the end of my list, and I believe that is only fair.
\n3rd – If you received less than your requested amount then that was intentional but I made sure you are still in profit.
\n4th – Yesterday, March 1st, saw me staring at a $200,000+ total withdrawal request! And that is JUST yesterday’s, excluding the requests already made prior. This is WAY MORE than what is remaining on our funds. I paid most of the ones who are not in profit yet, some will have to wait a bit more until we get more funds from our investments.
\n5th – I will consume all remaining funds today and pay as much as I can. I will divide our funds 80% to pay the big investors and 20% to pay the small investors. You will therefore not get the full amount you invested with but at least you will get a refund.
\n6th – Like I said, I will be expecting more funds soon, so I will continue with the refund process as I receive it. The database will remain intact with me together with all the payments made. It will not be a quick process but you can expect it within a month or two.
\n7th – Many asked what happened to the support email… you should know that right after I sent the last email, I received more than 300 emails during the first hour alone. I cannot possibly answer all that so the best recourse was to close it and have you just wait for updates from me.
\n8th – Due to these events, AggeroInvestment<\/strong> is OFFICIALLY CLOSED after I send this email out. This will be the last email you will receive from me apart from payout emails. I deeply DEEPLY apologize for this, no changes at this stage will revive the program. You and I know that if I continue on and made changes, then unsuspecting people might lose more. BUT at the same time, I am proud also to have ran this for six months and hopefully made a lot of you happy with your earnings.<\/em>”<\/p>\n

The second most important news for today (and the most important for the holders of LR accounts) is of course the prolonged downtime which is now going for more than 72 hours. I hope that by the time you are reading these lines everything will be back to normal and LibertyReserve<\/a> site will be back online. This is the latest update from LibertyReserve<\/a> blog regarding this long-long outage:
\n“Dear friends, The web site should be becoming available in certain regions at first and slowly for everyone else. We could not apologize enough for the extended delay. But Liberty Reserve has always chosen privacy, security and safety as issues of primary concern. Please, as always, rest assured that Liberty Reserve remains the safest place to conduct your financial transactions, and while outages are hard to forecast, we would like to assure you that everything will be done in our power to minimize those to the bare necessary minimum. Including adding two mirrors (that are being implemented now).
\nPlease note that the ONLY OFFICIAL source of information regarding the status of our system is this blog and not any other forum or a newsletter or an e-mail. You may be introduced to some quite bizarre rumors during this outage and false information that was cooked up by an unfriendly and dishonorable competitors but as always, LibertyReserve<\/a> will lead the way and is not going anywhere for many years to come.
\nWe have committed ourselves to offer the best service – and we will.
\nWe appreciate your understanding and your continued support.<\/em>”<\/p>\n

By the way, regarding the rumors mentioned on LR blog I believe most of them to be groundless as they were clearly spread by their major competitors (possibly PerfectMoney<\/a>) but some of them might be true. For instance I can’t deny that according to some users’ info their accounts have been hacked and the hackers used the API interface that was updated according to the official version. That was the main reason why some people (including me) had some problems after their IP address changed (I was asked for some info which only the owner of the account may know before they granted me an access to my LR account from different IP address). Anyway, official LibertyReserve<\/a> administration continue to deny all allegations that their security system was breached in some way which became the real reason for this three day downtime. If it’s the case (and I’m not sure) I hope LR will take the necessary steps to improve their security and not allow such incidents in the future.<\/p>\n

Anyway, other news from LibertyReserve<\/a> is very positive and I would like to give special mention that they still have plans to launch their debit card shortly which you could fund from your LR account:
\n“Debit card price schedule and website order link will become available shortly. You will be able to load your Liberty Reserve debit card directly from within your account and use it in many ATMs and On-line stores.<\/em>”
\nIn such favorable conditions I really believe that the only weak point LibertyReserve<\/a> has for today is security issues which I hope will be fixed pretty soon.<\/p>\n

Together with that we can’t deny that very many sites will be severely affected by this downtime. I believe that StablePackages<\/a> is already done as looking at their stats I saw that even PerfectMoney<\/a> payouts are delayed. Anyway, we can’t say that for sure but the fact that the admin of StablePackages<\/a> didn’t reply to my last email where I asked him regarding LR issues speaks for itself. So I advise you NOT to invest in StablePackages<\/a> even when LR is back online. Wait first till the payouts resume!<\/p>\n

The admin of FloatingFastProfit<\/a> (reviewed here<\/a>) disabled all the operations which you can make with your LR balance in the program due to LibertyReserve<\/a>‘s downtime. I think it’s a very wise decision that will help the program to survive and will not allow the drying up of reserves by constant redepositing of balances. Anyway, we will see how FloatingFastProfit<\/a> will do tomorrow when supposedly LR will be back online. Meanwhile, here is the email from the admin of FloatingFastProfit<\/a> (he’s not a native English speaker but I hope you will understand what he’s talking about):
\n“The situation still unclear for me. I very hope that LibertyReserve<\/a> really back online in 8 hours and I’ll resume payouts process as usually, but unfortunately at the moment I haven’t choice. To keep situation under control I temporarily disable the Payout button again. Please, don’t panic. We must together wait for LibertyReserve<\/a> payment system. I need your support.<\/em>”<\/p>\n

Many HYIPs were silent for the last three days because it’s obvious that they are expecting LibertyReserve<\/a> to come back online and so continue their work. Although some admins probably think that this time is suitable for sending some update regarding their current status. So did UCGCapital<\/a> (read my review of the program here<\/a>). The admin of this program sent out an update today where told the investors about their performance and how the situation with LibertyReserve<\/a> affected it. Here is the update:
\n“The LibertyReserve<\/a> website is closed for maintenance though these usually don’t last long and hopefully UCG and its clients will not suffer from this.
\nUCGCapital<\/a> depends on LibertyReserve<\/a> only partly because our trading accounts are loaded with the needed amounts of money and even a week downtime would probably not have influence on our trading. As you all already know our Forex plan minimum deposit is changed from 5,000$ to 10,000$.
\nThe changes for the Forex plan were made upon popular demand which clearly stated that the largest plan minimum has been at least 10 thousand dollars. Some of our clients were asking about a negative interest which appeared in their accounts on one of our trading days.
\nThe answer is very simple. Our plans give you an opportunity to earn up to a certain percentage from your deposit daily.
\nIf our traders have a negative balance after a trading day, you will not be in profit that day, but as you probably already noticed this does not happen often.
\nIf you are interested in how much are we making in % you can always check out the graphs which are provided under the description of every one of our plans. In the last month of trading our clients have earned a pretty penny I should say. Clients who invested in the balanced growth plan earned 28.04% during the previous month.
\nPeople who were more interested in the world growth fund had earnings of 37.92%.
\nInvestors in the Forex plan earned 55.43% during the past month. As you can see the interest is really worth while and our traders have new ideas how to increase the interest of our last and most important plan. After strategy changes will be made you will be notified and of course you will the opportunity watch the new strategy at work.<\/em>”<\/p>\n

It seems the prolonged downtime for LibertyReserve<\/a> has encouraged many to try out different options like EvoWallet<\/a> (especially if you consider that they currently launched their exchanger EvoPay.net). I think this fact made some programs decide to accept EvoWallet<\/a> as their additional payment processor. Among such programs I can name 10DailyIncome<\/a> the admin of which announced that as of today 10DailyIncome<\/a> is accepting EvoWallet<\/a> as well. I remind you that 10DailyIncome<\/a> is paying 10% daily on different plans the details of which can be read in my detailed review of the program published here<\/a>.<\/p>\n

As for EvoWallet<\/a> you can still win a $5 prize to your EvoWallet<\/a> account if you submit your answers to their quiz. Take a chance and maybe you will win! Good luck! By the way, here are the rules of the contest:
\n“Take The EVOQUIZ and Earn $5 !!
\nHere we are folks, with the promised EvoWallet<\/a> \/ EvoPay launch FUNCONTEST ! All you need to do is become an EvoPay member (It’s free), as the answers are on the pages accessed after login.
\nThe first 50 members to correctly submit the answers to the quiz below will receive $5 to your EvoWallet<\/a> accounts to get you started !
\nPlease copy and paste the entire quiz to your email and send to evowallet@gmail.com, subject field = EVOQUIZ (Must be included please !)
\nEVOQUIZ
\n1. My EvoPay username is ________________.
\n2. My EvoWallet<\/a> user ID is E_______________.
\n3. EvoPay is a division of which company ? ____________________.
\n4. You can easily FUND your EvoWallet<\/a> account through which 4 methods:
\n1)___________2)____________3)_____________ 4)___________
\n5. Fee for buying Evos through LR is ________%
\n6. You need to be a v_____________ member to purchase an ATM\/ debit card.
\n7. Members may FUND their Debit\/ATM card through ____________ and __________________.
\n8. The first thing you need to do after signing up in EvoPay is add your ecurrency , banking details etc. by clicking on which link ? M_____________.
\nThat’s All, folks !! End of FunQuiz !
\nHave fun, Your EvoTeam<\/em>“.
\nBy the way, if you have not yet opened your EvoWallet<\/a> account you can easily do it here<\/a>.<\/p>\n

As for my daily payment stats I feel the need to update it tomorrow when hopefully LR will be back online. So far most of my investments are not being paid but I can’t blame the programs because of this. Everything will be clear tomorrow when we will see only the strongest HYIPs surviving. See you on my blog tomorrow, guys!<\/p>\n","protected":false},"excerpt":{"rendered":"

THIS PROGRAM IS DELAYING PAYOUTS! PLEASE DON’T INVEST! Hi everybody! So I guess you’re all “Monday Morning” people and all eagerly awaiting the start of yet another working week. Like myself then, lol! But seriously though, I do have a number of ideas in mind for some reviews this week but at the moment those […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,6],"tags":[],"_links":{"self":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/1097"}],"collection":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/comments?post=1097"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/1097\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=1097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=1097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=1097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}