{"id":1910,"date":"2009-09-12T21:07:11","date_gmt":"2009-09-12T21:07:11","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=1910"},"modified":"2009-09-12T21:07:11","modified_gmt":"2009-09-12T21:07:11","slug":"120909-daily-news-from-the-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2009\/09\/12\/120909-daily-news-from-the-industry\/","title":{"rendered":"12\/09\/09. Daily News from the Industry"},"content":{"rendered":"

The most controversial news for today is definitely the closure of InvesTomato<\/strong> after barely a wet week online. This followed the issues first with AlertPay<\/a> and subsequently with their SolidTrustPay<\/a> accounts. It’s obvious to me that due to numerous complaints from the members of Roger’s last program InvestiMates<\/strong> he had so many problems with payment processors. And now because of some jealous people InvesTomato<\/strong> couldn’t continue. I have already received an email from Roger where he admitted that the program had collapsed and that for his next program he will have another nickname so nobody would know it’s his program. It’s really unfortunate that HYIP investors prefer to deal with unknown admins that openly lie to them about investments in Forex, stocks etc instead of blatantly candid ones who state from the beginning that their program is a ponzi-game. Well, I guess it’s how it should be in this Industry and \u201cRoger\u201d with his straightforwardness is really not welcome here. It’s sad but true! I don’t regret that I joined InvesTomato<\/strong> as my investment was partially refunded by AlertPay<\/a> already but it’s very very disappointing to say the least that the program was just destroyed from the start by a chain of unfortunate events.<\/p>\n

It seems that EquiFex<\/a> (reviewed here<\/a>) is delaying payouts for over 24 hours and I have received some complaints from my members that I have addressed already to the admin of the program Alexander. He promised to solve them soon and pay to the members but also he mentioned in his latest update that payout requests can take paid up to 2 business days. I will leave you to form your own opinions but mine is that late payouts are definitely the first sign of cash flow problems. Please report to me if you are paid or not and that will help me to decide on the further status of EquiFex<\/a> on my monitoring page<\/a>. Here is the latest news:
\n\u201cWe are very sorry for the payment delay! Please keep in mind that the delay is only 1 – 5 hours, and our promised time is 1 \u2013 24 hours after your request, and may take up to 1 – 2 Biz Days. Please be patient with us, we are not going anywhere! we are here to stay for your investment needs.
\nWe are processing payments by batches, and everyone will be paid accordingly! For some members being impatiently waiting for their payouts, you will be paid and casting bad votes will not help EquiFex<\/a>.
\nAnd please be reminded that we have online chat support that is available everyday you may contact us for all your inquires and problems, shouting EquiFex<\/a> as scam will not help our program.
\nAgain: We thank you for your support!
\nRegards, EquiFex<\/a> Admin<\/em>\u201d.<\/p>\n

The admin of FlexiPlans<\/a> Daniel announced the introduction of a new plan that pays 22% for 5 days with daily payouts. The plan will be in addition to three other plans: 24% for 5 days ($15 minimum allowed with daily payouts), 13% for 11 days ($10 minimum with daily payouts) and 14% for 11 days ($15 minimum with payouts on expiry). The new plan will obviously be aimed at smaller investors as the minimum to invest will be only $1. FlexiPlans<\/a> has been online for 4 days and it accepts 4 payment processors. For more detailed info please refer to my original review published here<\/a>. And here is the update regarding the new plan:
\n\u201cMy name is Daniel O Shea and I am happy to be managing FlexiPlans<\/a>. I will always be around to answer your email.
\nI want to inform you that a new investment plan has been added to FlexiPlans<\/a>. The new plan is named: EveryOne and just as the name suggests, it is suitable for everyone. The minimum amount required to invest on this plan is just $1. The plan pays 22% daily for 5 Days and daily cashout is allowed.
\nThe FAQ page has also been updated with details about this new plan, so always refer there for further information.
\nUnderstand that payments and cashouts are also made during the weekends.
\nMy warmest regards to you. Daniel O Shea<\/em>\u201d.<\/p>\n

I’m glad to report that I just received the first payment from SensibleInvest<\/a>. The program has been flying quite under the radar for the first week online despite the admin buying Sticky topics for her program on all the major forums. Maybe it’s a result of the texts borrowed from BestInv<\/strong> (as I mentioned in my review of the program here<\/a>) or the admin’s association with Olivia. I don’t know that for sure but hopefully it will take off now when the first payouts on expiry are processed. I remind you that SensibleInvest<\/a> has three quite sustainable plans which might seem to be less attractive compared to the ones offered by other short-term programs: 115% after 7 days, 135% after 14 days, 160% after 20 days. In her latest update the admin of SensibleInvest<\/a> Sandra insists that their financial stats are quite healthy and offered 5% more to your exchangers from LibertyReserve<\/a> to AlertPay<\/a> or PerfectMoney<\/a>. Well, I would discourage you to do so as AlertPay<\/a> exchangers are not allowed by regular members. Only by approved exchangers. So you risk your transaction being reversed afterwards. As for PerfectMoney<\/a> you will not be able to exchange it now for less than 10% fee so an extra 5% really looks ridiculous. Anyway, SensibleInvest<\/a> itself looks good, the first payouts have been processed and the admin agreed to answer some questions for the interview. Hopefully I’ll be publishing it on my blog soon but meanwhile read the following update:
\n\u201cDear members, It’s been exactly 7 days Since our official start.
\nIt’s been not so good week for us. We’ve been working very hard for you to make your income. And We made it, we’ve earned much more than we expected. All the payouts were made.
\nYou must think why I wrote it was not so good week despite the fact that all of the payouts were made. Because we don’t have the support on internet forums and in monitors. That’s exactly what SensibleInvest<\/a> need to develop. If you like to help, please join the discussion.
\nOur forum topics were sticked. You don’t have to look for them, they are noticeable. I invite You all to the discussion.
\nYour opinions will be very helpful in our monitors (click here<\/a> to vote):
\nIt all seems to lead in good direction, new investors are coming, our group is going very well in handling Your money. I hope that we’ll stay online for a very long time, much longer than other companies which only make promises and do nothing. We’re different. Maybe We’re not perfect, but out honesty goes to Your trust. Even people who doubted in investing in SensibleInvest<\/a> are our partners now.
\nRemember – together we can do everything!
\nWe invite You all to make investments with us. We promise You honesty and incomes. You’ll see for Yourselves. Remember about the bonus for the investors who invest $500 or more. The bonus will be added to Your account within 24 hours or few minutes if I’m online.
\nMoney exchange is also available from LibertyReserve<\/a> to AlertPay<\/a> and PerfectMoney<\/a> – from now on You’ll get 5% extra to Your exchange operation! All You need to do is send an e-mail to exchange@sensibleinvest.com with Your login and You exchange at least $50. The bonus will be added to Your account within 24 hours. You’re wondering why we offer 5% extra for Your exchange operations? Well the answer for that is simple: LibertyReserve<\/a> is the most popular website in making investments online. By LibertyReserve<\/a> we make our incomes faster and easier than other payment systems which aren’t so popular. So remember, time is money.
\nThat’s all for today. I’m planning to make some kind of competition, to make it more interesting. Tune in fore more information soon.
\nYours admin, Sandra<\/em>\u201d.<\/p>\n

Another program that paid me on expiry today is FoxiVer<\/a> (I was paid 120% after 10 days) and hopefully I will be publishing the interview with the admin of that program later tonight. Stay tuned for that!<\/p>\n

The admin of PTVPartner<\/a> (reviewed here<\/a>) reduced the minimum to invest in his program by $10 now after numerous requests from his members:
\n\u201cWe have also lowered the Minimum spend to $10 after numerous requests.<\/em>\u201d
\nI remind you that this $10 applies only for Introductory plan offering 110% after 10 days. Other plans are still have the same minimums to invest: $50 for the Advantage plan offering 125% after 20 days, $100 for the Leverage plan with 145% after 30 days offer and $200 for the Prestige plan with the whopping 190% payout after 40 days. I hope the admin of PTVPartner<\/a> Garrett will answer some questions for the interview for my blog soon as well and it will be published then.<\/p>\n

NanoMoneyCorp<\/a> program (reviewed here<\/a>) which has been online for over three years already finally issued the official update regarding their new layout which I mentioned already in one of my previous posts. Here is the update from them:
\n\u201cWe have a new look and features!
\nIt is correct you have entered a right name in your browser. It is NanoMoneyCorp<\/a>!
\nBut yes, we look different now. We are in the process of implementing a new design and improved security to our site.
\nWe do hope you like all the new features and our new look. Still I would be improved with time.
\nAs well it is not mandatory now to have an e-currency account to become a registered user of NanoMoneyCorp<\/a>.
\nIf you have only bank account and don’t want to mess up with any e-currency you can create an account with no delay!
\nSo we hope you would like all the benefits and new features on our site and would be happy to know your thoughts about that.<\/em>\u201d<\/p>\n

The admin of XagaEnterprise<\/a> Kevin (interviewed here<\/a>) reduced referral commissions on his site from the promotional 10% to the usual 5%. I think it just means that the program is getting more stable and doesn’t need such an aggressive promotion anymore. Here is what he had to say about this:
\n\u201cI have decided to reduce the ref. commission to 5% similar to as was in the Old Xaga.
\nThe old XagaEnterprise<\/a> commission was 5% and when the new XagaEnterprise<\/a> was launched, commission was upgraded to 10% for promotion purpose.
\nThe referral commission will be reverted back to 5% as earlier since it is ideal.
\nReferral commission are awarded as a incentive for active members who are promoting our program.
\nJust offering higher referral commission which can hurt any program in the long run is in interest of none. So we have re-decided to revert to the optimal ref. commission of 5% as earlier.
\nWe have a unique business plan and are here to stay.
\nWelcome to the Xaga Family once again.
\nThank you for your understanding.
\nBest Regards, Kevin. XagaEnterprise<\/a><\/em>\u201d.<\/p>\n

And so to finish today’s update I will just mention the programs that paid me today. EquiFex<\/a>, FoxiVer<\/a>, GeniusFunds<\/a>, SensibleInvest<\/a>, XagaEnterprise<\/a>, Infinitum<\/a>, MetaStocks<\/a>, Verifield<\/a>, CedexInvest<\/a>, IncoForex<\/a>, FlexiPlans<\/a> and AimTrust<\/a>. See you all tomorrow guys!<\/p>\n","protected":false},"excerpt":{"rendered":"

The most controversial news for today is definitely the closure of InvesTomato after barely a wet week online. This followed the issues first with AlertPay and subsequently with their SolidTrustPay accounts. It’s obvious to me that due to numerous complaints from the members of Roger’s last program InvestiMates he had so many problems with payment […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/1910"}],"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=1910"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/1910\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=1910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=1910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=1910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}