{"id":1139,"date":"2009-03-11T01:20:15","date_gmt":"2009-03-11T01:20:15","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=1139"},"modified":"2009-04-03T11:54:20","modified_gmt":"2009-04-03T11:54:20","slug":"100309-geneticsindustry-review-and-other-news","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2009\/03\/11\/100309-geneticsindustry-review-and-other-news\/","title":{"rendered":"10\/03\/09. GeneticsIndustry Review and Other News"},"content":{"rendered":"

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

Hi guys! The program I want to talk about today is the latest in growing list of recently launched HYIPs that I have joined. It has the rather ominous title of GeneticsIndustry<\/a>. It’s been online for three weeks so far which may seem like a long time when considering some programs, but for this one you can still consider it as practically brand new.<\/p>\n

Why so? Well GeneticsIndustry<\/a> is a long term low rate of interest program. And it doesn’t even have an expiry date for it’s one single plan, so theoretically you are supposed to consider an investment in GeneticsIndustry<\/a> as a passive daily income for however long you feel like staying a member. Theoretically. Things in the real world can go a little differently as we all know. But let’s concentrate on the merits of the plan itself. Here is how it works.
\n\"\"<\/a>
\nGeneticsIndustry<\/a> has just one very simple and straight forward investment plan and it will pay you a daily ROI of 1.5% in theory “for life” but of course what that means is for the lifetime of the program. The minimum figure to invest is a very reasonable $10 with no maximum. The choice of payment processors is a bit limited here with only LibertyReserve<\/a> being accepted for now. No word on other payment options in the pipeline either so my guess is it’s going to stay that way. LibertyReserve<\/a> is I know the first choice for many of you anyway so maybe it’s not that big an issue for many readers. But the limited choice and the fact that LR is not the most popular option among U.S and Canadian based investors means that the admin is really not doing himself any favors here. Sure it takes a bit longer to get verified by the likes of SolidTrustPay<\/a>, but would it kill you to try? At the end of the day investors will as they say “vote with their feet” and if they are not satisfied with the options they will simply walk away. Every admin should know who his audience is, so if he is confident that his particular members are satisfied, then so be it. Personally I think that opening the program up to as wide a variety of members as possible is the way to go, but then as you know I only review sites from the investor’s point of view. And by the way, investing here will see you break even after 67 days.<\/p>\n

Nevertheless, despite my private misgivings about the payment options, the fact remains that the program itself is solid and dependable, and the plan on offer from GeneticsIndustry<\/a> is both sustainable and, eventually, profitable. But for added peace of mind I should at this point remind you that you always have the option of withdrawing your principal. The reasons of course are your own, a change in your own financial circumstances, a simple change of heart, or whatever. The opt out clause is there for you so that at least should go some way towards easing investor’s doubts. Just be aware that this option will only be available to you after an initial lock down period of ten days. That is a reasonable time period but what’s best of all is that if you do withdraw after this period no fees will apply.<\/p>\n

So far you see there seems to be both pros and cons to GeneticsIndustry<\/a> but I have to say the good side still comes out in front for me so far. But what of security? This has got to be a major concern of everybody who trusts online HYIPs to handle their money for them so how do GeneticsIndustry<\/a> fare up? Quite well as it happens. They are hosted on a dedicated server with three mirror sites of itself. A strong level of anti-DDoS protection and a script licensed from GoldCoders is all great but isn’t that the least we should expect from any site that handle our money? Yes but where GeneticsIndustry<\/a> gets ahead of its peers is in the introduction of a 256 bit SSL encryption certificate. Of course I look forward to the day when this is also the industry standard minimum but for now kudos to GeneticsIndustry<\/a> for helping to lead by example here. You will also need your personal secure code to make withdrawals, so that also adds to the safety of your investment. Of course does any of that mean you can trust the admin more? Of course not but you know so far he has proved himself to be a pretty decent guy and remember any online investment requires a step into the unknown and a big leap of faith.<\/p>\n

So to sum up briefly I would say GeneticsIndustry<\/a> is well worth a look. Not without its flaws of course, but doesn’t that describe every program? I should just briefly mention the pretense that GeneticsIndustry<\/a> is involved in biological research. Sorry to insult the admin but I don’t believe a word of that (as usual). But if you drop the facade I have to say that otherwise the program is pretty good and advise new and experienced investors alike to deposit here as part of a well diversified portfolio.<\/p>\n

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

There was such an abundance of news today and I have no choice but to only briefly mention some of them.<\/p>\n

I am going to publish an interview with the admin of Tradirex<\/a> on my blog tomorrow. I received the answers to my questions already and am planning to publish it tomorrow morning. It seems Tradirex<\/a> experienced some glitch today when some deposits were not credited to members’ accounts automatically but to tell the truth the admin was able to fix the issue pretty quickly. I remind you that Tradirex<\/a> is accepting 4 major e-currencies including SolidTrustPay<\/a> and pays 109% after 5 days, 122% after 10 days and 145% after 15 days. The details of Tradirex<\/a> program can be read in my detailed review published here<\/a>. The admin sent out the newsletter to the members today where he offered some bonus to larger investors willing to deposit more than $250 in 15 day plan and announce the interview that will be published on my blog tomorrow:
\n“Firstly, I would thanks everyone for promoting Tradirex<\/a> so far. Tradirex<\/a> reach today 430 members, with more than 300 active members.
\nWe decided to offer for everyone a great offer. All new deposit bigger than 250$ will be now credited with 10% bonus. This offer is available on the 15 days plan only.
\nThat means if you plan 250$ on the 15 days plan, you will have 250+25$ deposit, and you will earn 145% of this 275$, instead 250$ !!!(this offer have maximum amount of 50 000$)
\nThis offer have any deadline planned at this time, but will be no unlimited.
\nFinally, we announce you Tradirex<\/a> team had an interview with money-news-online admin, this interview will be published soon. A newsletter will be send to inform all members, with the link to read it. Nice day to everyone.<\/em>”<\/p>\n

It seems the former admin of AggeroInvestment<\/strong> Roger is not in charge of the refunds anymore. In order to get them you should apply to payment processors that will issue refunds from now on. Also as you you might have noticed the Aggero site is offline for a few days already and the reason for which was also explained in Roger’s update published on MMG forum:
\n“Hello, Sorry if I just posted now, I have been busy with a lot of other things lately.
\nRegarding refunds… with so many complaints filed to AP, STP and SP, they have locked my account already. I am giving them full rights to refunding you already. Contact them. I am not going to touch those accounts anymore and you have to take it to them when requesting for a refund. They have all the program’s money, and more. As for LR, I am still waiting for funds to come in so until then, I cannot issue refunds.
\nRegarding the site being offline… well, last week I received an email from the registrar that someone filed a complaint against our program so they suspended the URL. You can see it here. It took a while to propagate, so that was the reason why some can access it and some can’t. My hosting service said that all DNS tests showed no response at the parent nameservers, so I just requested for him to take it down rather than pay another month’s hosting fee for March.<\/em>”<\/p>\n

The popular payment processor StrictPay<\/a> informed investors that since LibertyReserve<\/a> is back online they can now withdraw their earnings to LibertyReserve<\/a> account again. It is a useful update because since discontinuing StrictPay<\/a> Debit cards there are not many options left for withdrawals. I’m glad that LibertyReserve<\/a> option is still available which shows the flexibility of StrictPay<\/a> payment processor which helped it gain good reputation from its customers. Anyway, here is the update from StrictPay<\/a>:
\n“StrictPay<\/a> Customers, We wanted to let everyone know that after some down time with the LibertyReserve<\/a> feature we are happy to report that you can now transfer funds to LibertyReserve<\/a> from StrictPay<\/a> once again. We thank you for making StrictPay<\/a> your payment option of choice. Thank you. Team StrictPay<\/a><\/em>”<\/p>\n

Although it seems that some surfing programs has serious issues with LibertyReserve<\/a> and 13x11Pro<\/a> for example made the tough decision to discontinue accepting LibertyReserve<\/a> temporariry. The first payouts should be processed tomorrow and you’re advised to submit the details for another payment processor where the cashouts should be processed if you initially upgraded via LibertyReserve<\/a>. Here is the update from the administration of 13x11Pro<\/a> (reviewed here<\/a>):
\n“Just need to let you know that we have experienced LibertyReserve<\/a> issues, and so have been forced to temporarily close down the LR processor while we work to resolve these issues.
\nWe ask that all members who upgraded with LR, add another processor to your accounts for withdrawal. If you have an LR payout pending, your withdrawal will be paid to one of your other processors as soon as one is in place. We apologise for the inconvenience, but unfortunately these things happen in the surf industry!
\nWe’d like to thank all members for your support and understanding. We are in the process of completing cashout requests, and these should be finalized shortly.
\nA big welcome, all new members, into our 13x11Pro<\/a> family! We’re delighted to have you with us.<\/em>”<\/p>\n

I’m glad to see that ProjectSurf<\/a> (reviewed here<\/a>) is online and seems to be still doing well. The admin of ProjectSurf<\/a> Frankie (read my interview with him here<\/a>) is a very proactive person and always on top of things. Last night when his site was not available he sent out a long email in which he assured everybody that there was nothing to worry about and even despite the downtime everybody is getting paid. I myself praise Frankie as I can see the positive attitude in his actions what I want to see in other autosurf admins as well. Therefore I believe that ProjectSurf<\/a> will become the next big thing pretty soon. Things slowed down in the surfing industry due to many scams that barely last for one cycle and we all need a breath of fresh air which I believe ProjectSurf<\/a> can provide us with. Anyway, this is the latest update from the admin there:
\n“Hello Everyone, I just would like to apologize for the down time; HushHosting.com said that it was one of the apache servers that malfunctioned and not a result of a DDOS attack. I have a great relationship with them and you can e-mail them to verify if you want to.
\nAll payouts are completed except for 2 LibertyReserve<\/a>‘s which will be done within my terms (48 business hours from request) – My programmer has to enable the LR SCI Store inside my site \u2013 LR changed their security and it has to be changed inside my account as well. That will be done shortly and those two pending will be paid when that is completed.
\nPlease understand that sometimes these issues occur that is why I have set up my own forum so you can come there and see what is going on. I greatly appreciate the members informing everyone about today I have noticed it in the other forums.
\nI now have a direct DOMAIN name that is for our own forum so everyone can go there when there is a problem and post there as well \u2013 I want my forum to be alive and kicking..
\nPlease write this forum name down: www.ProjectSurf.Info that will take you directly to our forum\u2026 (Please wait 24 hours as the name server just changed and I still have to configure it) but that is were our own forum is.(it is also on the site too under forum but it is on a separate server which is great) Please utilize it for all the members’ benefits and yours as well.
\nI will have something really cool coming out within a day or two to help market your referral links better, it will be great for everyone.
\nI have great plans for my project and I want to thank everyone for their support..
\nHelp make ProjectSurf<\/a> the best in the industry!!!
\nI will do my best to bring everyone a great program and incentives and I will always have my members best interest at heart. I do work very hard looking for more ways my project can benefit for a very long time. I have a structure to this Program and I will build it up to be the best in the industry!
\nNow please go out there and don’t forget to post everywhere you got paid!!!! All My Best!<\/em>”<\/p>\n

It seems other autosurf sites hosted by HushHosting are also online now and hopefully they were not affected by the downtime. There is another problem though for Nova-Surf which domain seem to have been suspended by their host. There is the following message you can see on the website:
\n“This Account Has Been Suspended. Please contact the billing\/support department as soon as possible.<\/em>”
\nI believe the site will not be back as I emailed the admin of Nova-Surf <\/strong>Irina and didn’t get a reply from her. I think we witness another scam that lasted only for a month (for 2 cycles).<\/p>\n

Other programs that have been moved to Waiting status today (and will be moved to Not Paying status in 24 hours) are StablePackages<\/strong>, CashDispenser<\/strong> and 4BrothersInvestments<\/strong>. All those programs didn’t pay me and many other investors for more than 48 hours and their admins didn’t reply my emails as well. I can assume they are gone.<\/p>\n

One of the most stable programs online PanaMoney<\/a> (reviewed here<\/a>) warned against submitting private information on some phishing websites that can pretend to have some connection to main site which info they are trying to steal. Please read the following update and don’t become a victim of scammers:
\n“PanaMoney<\/a> Technologies, Inc. would like to inform you, that it does not send any e-mails with a link for verification requiring you to provide your account details and security information.
\nPlease also note, the company has only one address: PanaMoney<\/a>. Make sure, please, you see it exactly in your Internet browser address line when entering our website.
\nNo other websites (panamoney.us or any other) are associated with the company.
\nNever assume any website having the word “panamoney” in its name, “panamoney.us” for example, has anything to do with or is endorsed by PanaMoney<\/a> Technologies, Inc.
\nWe believe that your careful attention and our serious attitude towards your account security will ensure the best level of protection and safety<\/em>“.<\/p>\n

I have been paid today from the following programs: SilverLodge<\/a>, 10DailyIncome<\/a>, Pioneer-Fund<\/a>, GoldNuggetInvest<\/a>, CrazyCashSurf<\/a>, AcrylicTrade<\/a>, PanaMoney<\/a>, EnscoOffshore<\/a>, MajorBarter<\/a>, GeneticsIndustry<\/a>, UCGCapital<\/a>, ProjectSurf<\/a>, Tradirex<\/a>, DukasFund<\/a>, NanoMoneyCorp<\/a>, MyMBO<\/a> (the first payment received) and OakCash<\/a> (the first payment received).<\/p>\n

There are some other programs I have joined during the last two days and that I’m going to review pretty soon. The first one is OakCash<\/a>. I joined it last night and have been paid already. The program is offering a very tempting medium-term investment of 2.9%-4.2% daily for 31 days. The principal is returned at the end of your investment term and the minimum deposit in OakCash<\/a> is $10 only. LibertyReserve<\/a> and PerfectMoney<\/a> are accepted as payment processors. The program is based on licensed GoldCoders script which proved its safety and security record many times. OakCash<\/a> site is SSL-secured and is hosted on a dedicated server and DDoS-protected by Dragonara. OakCash<\/a> states to be based in the US but I would better ignore this fact unless it’s verified. Everybody knows that HYIPs are illegal in the US so I doubt very much that OakCash<\/a> has some legal address at all. I will try to verify the info before publishing the review of OakCash<\/a> on my blog especially considering the fact that they gave a contact address and phone number in Texas. I believe that OakCash<\/a> is a very high quality program though, which can run for a while. It’s just launched a day ago and I feel that investors who join from the beginning will have the bigger chance to be in profit with them.<\/p>\n

The second program I’m going to introduce is called ScotFund<\/a>. This one is also based on licensed GoldCoders script but hosted on BlackLotus which provides basic DDoS-protection as well. ScotFund<\/a> is also SSL-secured so you will stay calm and your personal sensitive info will not be stolen. ScotFund<\/a> has been running for more than a month which is quite good for a program that is paying 3% or 3.5% (depending on your deposit amount) for 20 calendar days (the minimum to invest is $20 and LR and PM are accepted). After your investment term expires you may request your principal back. So you will be able to earn from 60% to 75% pure profit on your investment with ScotFund<\/a>. The program is proved itself to be a stable performer for almost two full cycles already but you should remember that past performance can’t guarantee future performance in any HYIP. Anyway, I’m planning to publish the review of ScotFund<\/a> on my blog very soon. Stay tuned for that!<\/p>\n

And finally I joined InfrastructureInv<\/a> today. Unlike previous two program this program offers direct payouts to your LibertyReserve<\/a> account (they plan to add PerfectMoney<\/a> soon as well). It’s hosted on a dedicated server from DdoSWiz which proved to be a very reliable provider when it comes to preventing DdoS attacks. InfrastructureInv<\/a> site has no script at all and offering two investment plans: 2% for 30 calendar days (60% profit) and 3% daily for 140 calendar days (420% profit) with the principal being returned at the end of your investment term. In my opinion 3% daily plan is much better as you will break-even in 33 days already and will be receiving profit from that time. The interesting thing is that together with LibertyReserve<\/a> you can make a deposit in InfrastructureInv<\/a> using Bank Wires (in both USD and EUR). I’m not sure though how you will be paid for such deposits but I’m going to find out from the admin before publishing the review of InfrastructureInv<\/a> on my blog. Again the info that the company is officially incorporated in the UK and has a London address is easy to verify. I’m going to find out more about it as well. InfrastructureInv<\/a> has been online for three weeks and so far I didn’t see any complaints about anybody missing a payout. As usual don’t invest what you can’t afford to lose and always diversify to be in profit! See you all on my blog tomorrow!<\/p>\n","protected":false},"excerpt":{"rendered":"

THIS PROGRAM IS DELAYING PAYOUTS! PLEASE DON’T INVEST! Hi guys! The program I want to talk about today is the latest in growing list of recently launched HYIPs that I have joined. It has the rather ominous title of GeneticsIndustry. It’s been online for three weeks so far which may seem like a long time […]<\/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\/1139"}],"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=1139"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/1139\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=1139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=1139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=1139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}