{"id":5560,"date":"2011-05-14T20:11:35","date_gmt":"2011-05-14T20:11:35","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=5560"},"modified":"2011-05-22T17:12:01","modified_gmt":"2011-05-22T17:12:01","slug":"14052011-extrafinances-review-and-daily-news-from-the-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2011\/05\/14\/14052011-extrafinances-review-and-daily-news-from-the-industry\/","title":{"rendered":"14\/05\/2011. ExtraFinances Review and Daily News from the Industry"},"content":{"rendered":"

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST!<\/strong><\/span><\/p>\n

Hi everyone! I hope the weekend is going well for you so far. As you probably know weekends can be a bit hit and miss in the HYIP industry when it comes to news stories (ones worth commenting on, anyway) but there have been a couple of updates you might want to hear about so keep reading. First off though there’s been another new short term program just added to my monitoring page that I want to take a closer look at first. It’s called ExtraFinances<\/a> and it offers you a choice between a plan that makes daily interest payments and one that makes a single slightly more generous payment on expiry. Both of them however run for the same length of term.
\n\"\"<\/a>
\nI guess I’ll start with the daily payment plan, called The Normal Plan<\/strong><\/em>, as these tend rightfully to be the most popular choice. It runs for a term of just 7 calendar days<\/strong> and in order to join ExtraFinances<\/a> will require a $5 minimum deposit. For anything up to a $999 you will be paid 18% interest per day<\/strong>. This plan already factors your principal into the payments so by the end of the term you are left with a clear profit of 26%.<\/p>\n

I think that more or less covers the majority of investors, however if you’re one of those who insists on spending big anyway, then ExtraFinances<\/a> have a couple of other options just for you. For a $1,000 minimum spend you can earn back 19% interest per day<\/strong>. Again that includes your principal so after the 7 day term<\/strong> is completed you are left with a net profit of 33%. And finally for a minimum deposit of $5,000 up to a maximum of $50,000 the daily interest payment is 20%<\/strong>, leaving you with a clear profit of 40% by the end.<\/p>\n

ExtraFinances<\/a> have a decent enough choice of payment methods. It will go a long way towards making the program competitive and includes AlertPay, LibertyReserve, and PerfectMoney<\/strong>. Payments are made manually so you\u2019re going to have to request them. And after you do then the admin asks you to allow him up to 24 hours to get it processed. So far my own payments have been made pretty fast though.<\/p>\n

The second plan, the one that pays you just once on expiry, is called The Premium Plan<\/strong><\/em> and it also runs for 7 days<\/strong>. How much you earn will be dependent on how much you spend, and while the earning potential is a little better than the previous plan it clearly has a much higher level of risk attached to it. So keep than in mind when deciding what you really want to achieve by joining ExtraFinances<\/a>. Minimum deposit is still a very reasonable $5 so it doesn’t have to be that much more of a risk by the way. Anyway, for anything up to a $999 maximum to return on expiry<\/strong>, which of course includes your principal, is 135%<\/strong>. or in other words 35% clear profit.<\/p>\n

If you want to spend a little (or a lot!) more then ExtraFinances<\/a> have the following options:
\nFor deposits between a $1,000 minimum and $4,999 they pay 145%<\/strong> total return on expiry, or 45% profit. And from $5,000 to a $50,000 maximum they offer 155% <\/strong>in total.<\/p>\n

Overall it\u2019s not a bad looking website. Dragonara are the hosting provider and they are keeping ExtraFinances<\/a> on a protected and dedicated server. I imagine there will be few problems to speak of there. What\u2019s more the members accounts are also protected with SSL encryption so I\u2019m pleased to see that included as well. Anyway, the certificate is issued by Comodo. ExtraFinances<\/a> is also running off a script licensed by GoldCoders. If you have any further questions for the admin you can send them through the online e-mail ticketing system. ExtraFinances<\/a> also have a Live Chat feature though it’s not made clear if they ever actually use it.<\/p>\n

As for the business side of things, that is left typically (and predictably) vague. The texts are original but actually say very little beyond describing themselves as \u201can investment program\u201d which to me means just one thing \u2013 it’s an online HYIP and needs to be treated as such. ExtraFinances<\/a> might not be around forever but fingers crossed they\u2019ll be around long enough for a lot of players to earn a few dollars on the side. Just remember it\u2019s only fun as long as you keep it at a sensible level and no one\u2019s forcing you to play with thousands. It\u2019ll only set you back $5 to participate and at that price what\u2019s the worst that can happen?<\/p>\n

DAILY NEWS FROM THE INDUSTRY.<\/strong><\/p>\n

First I would like to note that EarnMoneyMarket<\/strong> has been moved to Scam status on MNO already. The program only existed for a few days and became another victim of the sudden freezing of their account in AlertPay which the admin of the program told me via email. Well, to tell you the truth I was hardly surprised at all because recently AlertPay is really out of its mind and doing a lot of damage in the HYIP industry blocking the accounts of such established programs as GorgonProjectInvest<\/a> and ExoticFX<\/a>. So what could we expect from a short term game like EarnMoneyMarket<\/strong>? I believe the admin had some intentions of running his program for longer period but the decision from AlertPay just took him by complete surprise and obviously that without AP such they were doomed to collapse. But as usual in such cases the admin of EarnMoneyMarket<\/strong> was not the one to suffer. Straight after deposits and withdrawals via AlertPay were disabled instant withdrawals to LibertyReserve and PerfectMoney stopped too. That didn’t stop him continuing to accept deposits via LR and PM and pretending that nothing was wrong. He even introduced a new plan paying 300% after one day for those newbies who like to dump their money when a program is finished already, taking advantage of the countless bad monitoring sites that still list EarnMoneyMarket<\/strong> as a perfectly paying program. MNO was as usual the first monitor to move EarnMoneyMarket<\/strong> first of all to Waiting status and now that I got confirmation to Scam status which you can see by visiting my monitoring page. But please do not be fooled by the ratings page on EarnMoneyMarket<\/strong> where the proper images were already altered to static ones which do not reflect reality. Of course such an outcome is really unfortunate for the members of EarnMoneyMarket<\/strong> some of who still managed to make a profit. Please do not invest in EarnMoneyMarket<\/strong> anymore and take into consideration that accepting AlertPay by a short term program can be another factor leading to its collapse next time!<\/p>\n

The well known scammer Oscar Ferengi seems to be a master of disguise these days. It was him responsible for the \u201cnewsletter\u201d which was masked to appear as if it came from GorgonProjectInvest<\/a> (which is obviously not true). He blackmailed the admin of the program Paul (interviewed here<\/a>) and claimed that GorgonProjectInvest<\/a> launched a new promotion in collaboration with LibertyReserve and that those who wished to take advantage of it should send money directly to some LR account in no way connected with the program. Thankfully most of you are smart enough to know that such emails are not to be believed and simply ignored it. Others should know that a warning was posted already on the website of GorgonProjectInvest<\/a> regarding this asking not to send money to that scammer and blackmailer. Here:
\n\u201cBeware – Fake e-mail scam<\/em><\/strong>
\n Please be aware there is a fake e-mail circulating that looks like it was sent from us – BUT IT IS A SCAM. WE have not got a deal with Liberty Reserve. There is no offer, so please ignore it and delete it.<\/em>
\n Thank you. Regards. Admin<\/em>\u201d.<\/p>\n

I remind you that GorgonProjectInvest<\/a> (reviewed here<\/a>) only offers three investment plans with a more reasonable interest rate of 1.9% for 30 days, 2% for 90 days, and 2.2% for 180 days with the principal return on expiry. Note that the withdrawals to LibertyReserve from GorgonProjectInvest<\/a> may still be delayed compared to the other e-currencies accepted (PerfectMoney, SolidTrustPay, Pecunix, GlobalDigitalPay and AlertPay) so in order to get them processed faster you can cancel your previous withdrawals to LibertyReserve, made an internal exchange of your available balance to GlobalDigitalPay and request your withdrawal once again. Before that you can open a totally free account at GlobalDigitalPay here and still take advantage on the offer which will close in a few hours offering you a 50% bonus on all the deposits made to GorgonProjectInvest<\/a> via GlobalDigitalPay. GDP is one of the most secure processors online and surely is a good alternative to LR to which it can be easily exchanged via a network of good exchangers that can be found on the official site of GlobalDigitalPay. Some investors might still not be aware of the LR issues and might post bad votes on various forums regarding their pendings, but you have the choice either to wait longer to get paid to LibertyReserve or to exchange your balance to GlobalDigitalPay with a 0% fee and get it much faster. For me the choice is very obvious and I always exchange my LR balance to GDP in GorgonProjectInvest<\/a> now and get paid much faster. I hope smarter readers of MNO will do the same. By the way, crediting the 50% bonuses was delayed recently due to a work overload on the admin’s side but in the latest update Paul promised to finish crediting the lucky members’ accounts by this Monday. Here is the newsletter:
\n\u201cSmall Delay With GDP Bonus<\/em><\/strong>
\n Due to incredible demand we are experiencing delays with adding the 50% bonus to users accounts.<\/em>
\n We hope to catch up within the next 24 hours. It has to be done manually, so it is very time consuming.<\/em>
\n If you have not received your bonus by Monday, please send a support request to us and we will endeavor to to rectify the issue.<\/em>
\n Thank you<\/em>\u201d.<\/p>\n

The admin of WABFunds<\/a> Clark (his site was first reviewed on MNO here<\/a>) warned his members that the site would be inaccessible within an hour due to an ongoing server update. At the time of writing WABFunds<\/a> site was online for me and I guess the update was finished. Still such care about the program’s members should be highly appreciated and I’m glad that the admin is responsible and updates his members even for short downtimes:
\n\u201cServer Update<\/em><\/strong>
\n We are undergoing a server update within an hour, site will be unavailable during that period.<\/em>
\n We will be back in a few hours, stay tuned!<\/em>
\n Best Regards, Clark<\/em>\u201d.
\nI remind you that WABFunds<\/a> is one of the programs on Premium list with MNO offering 1.4%-2.4% for 120 calendar days with daily payouts and no principal return on expiry. You can invest in WABFunds<\/a> starting from $10 low minimum which is accepted via three popular payment processors \u2013 LibertyReserve, PerfectMoney and AlertPay.<\/p>\n

CyproRealty<\/a> (reviewed here<\/a>) sent a short newsletter where the admin Eric updated members on the program’s progress after being online for three days and introduced the review made on his program by MNO last night:
\n\u201cHello. CyproRealty<\/a> is now 3 days online and we wish to thank all our members for your support.<\/em>
\n Our program has just been reviewed by money-news-onlne.com. Click on the link below<\/em>
\n http:\/\/money-news-online.com\/blog\/2011\/05\/13\/13052011-cyprorealty-review-and-daily-news-from-the-industry\/<\/a><\/em>
\n We are already seeing our program growing to become one of the best programs to provide you a safe place for your investment needs as well as help you financially!<\/em>
\n We have processed all payment.<\/em>
\n Thanks once Again for supporting our program.<\/em>
\n Regards, Eric Mook<\/em>
\n Support staff. CyproRealty<\/a><\/em>\u201d.
\nCyproRealty<\/a> is a program offering long term profits of 1.2%-2.4% for 180 business days with principal returned on expiry. Your interest rate is fixed and depends only on the amount deposited with a minimum to invest of $10 accepted via AlertPay, PerfectMoney and LibertyReserve.<\/p>\n

For those non-believers the admin of ExoticFX<\/a> Charles (interviewed here<\/a>) posted a few testimonials accompanied with the links to the recent Q&A session in two parts that took place on MNO blog this week with the help of my readers. This was done to demonstrate how ExoticFX<\/a> is totally different from other HYIPs, especially those shorter term ones which are extremely popular now. Maybe it’s not a hopeless attempt to try to revive the industry’s long term section which used to be much larger and extensive just over a year ago but is less favored by HYIP players nowadays. Maybe ExoticFX<\/a> will really become the catalyst to revive the industry and see a return to those golden days when it was much easier to profit from HYIPs on a more or less consistent basis. I would like to see ExoticFX<\/a> become such a program and save the long-term HYIP industry. How about you, guys? Do you believe that ExoticFX<\/a> (reviewed here<\/a>) is the next big thing in the industry and is really different from the others? Please submit your vote in the poll which you will be able to find in the end of the left sidebar on my blog and let the world know what you think. The poll will be closed in a few days, and I hope to see some active participation from you, guys. Below is the latest newsletter from ExoticFX<\/a> containing a few testimonials from members:
\n\u201cIn Case You Haven\u2019t Noticed<\/strong><\/em>
\n ExoticFX<\/a> is Now the Hottest Program Online.<\/em>
\n ALL others fail in comparison.<\/em>
\n Some of you out there participating in High Yield Investment Opportunities still prefer to gamble with the short term high interest programs hoping to beat the odds. Chances are you will fail, because they will fail. In order to succeed in online investing you have to not only look at the whole picture but you have to look at the whole package. ExoticFX<\/a> offers the whole package.<\/em>
\n Sure, not all of you will want to believe me. So look around.<\/em>
\n Check out Money News Online and our Interviews there as well as what they have to say about us.<\/em>
\n Interview part 1 http:\/\/money-news-online.com\/blog\/2011\/05\/11\/11052011-question-and-answer-session-with-charles-martinsen-of-exoticfx-part-i\/<\/a><\/em><\/em>
\n Interview part 2 http:\/\/money-news-online.com\/blog\/2011\/05\/12\/12052011-question-and-answer-session-with-charles-martinsen-of-exoticfx-part-ii\/<\/a><\/em>
\n and Check out what our members are saying on our ExoticFX<\/a> Blog<\/em>
\n I copied a few comments from our Blog and others I wanted to share with those of you that have yet to see the light.<\/em>
\n Wralyn says:<\/strong><\/em>
\n May 10, 2011 at 9:36 pm<\/em>
\n All I Can say is WOW!!! I placed the recommended trade in EURAUD pair two days ago. I sold the pair at the market, set the stop loss and the take profit as advised, and to my surprise when I came back today I had gained over 500 pips for a profit of over 5000 dollars! And this trade is still active and gaining more profit by the second! Believe me I didn\u2019t know if I could do this Forex thing when I first started, but I thought I would give it a shot! But now I am so glad I did! These guys Really know what they are talking about! Thank you ExoticFX<\/a>!!!!<\/em>
\n ________________________________________________________<\/em>
\n Daryl Alvarez says:<\/strong><\/em>
\n May 11, 2011 at 8:08 pm<\/em>
\n Hi Charles,<\/em>
\n Thanks Charles and EFX<\/a> for making this wonderful opportunity. This is the best investment site I ever seen and also I can learn here while I\u2019m earning\u2026 all I can say WOW!!<\/em>
\n ________________________________________________________<\/em>
\n steven says:<\/strong><\/em>
\n May 8, 2011 at 8:25 am<\/em>
\n Haven\u2019t finished the quick start guide yet. But was up 900$ in profit in my demo account last week!!<\/em>
\n _______________________________________________________<\/em>
\n bongo says:<\/strong><\/em>
\n May 13, 2011 at 2:40 pm<\/em>
\n I joined ExoticFX<\/a> fairly early because I liked what I saw. They have never disappointed me as they continue to increase in popularity and deliver on their promises. What I think is totally unique about them is the FTA. I have never seen a program in 8 years of HYIP participation deliver this level of education. I am learning more about Forex here than anywhere I have been. I have followed the quick start program. In my first week of using it I am up almost 800 pips. Following their other trade recommends I am profiting on every one. You can\u2019t pay for this type of information and achieve greater than I have so far in this short period of time.<\/em>
\n What really gives me confidence, is here is a program that is telling me to spend money on forex, teaching me to do it. What program around does anything else other than try and get you to spend money investing with them?<\/em>
\n It just isn\u2019t done in HYIP. I am in profit with my EFX<\/a> plans. I am in profit with their trade recommends. I am in profit from affiliate marketing. Already I have received vastly more than I have given.<\/em>
\n It is truly amazing.<\/em>
\n What you need to realize is\u2026 We will accomplish all the goals following the course of action we have outlined for you.<\/em>
\n The question is\u2026 Will You?<\/em>
\n With all we have given you to date, and all the features and benefits you will continue to see delivered,<\/em>
\n The ONLY thing standing in your way of achieving your next level of success\u2026<\/em>
\n \u2026Is You!<\/em>
\n ExoticFX<\/a> \u2013 Just Profits<\/em>\u201d.<\/p>\n

I was paid today by the following programs featured on my monitoring page:
\nEliteAlliance<\/a>, VivaProfit<\/a>, LucrativaFund<\/a>, ExoticFX<\/a>, EarnoSphere<\/a>, ExtraFinances<\/a>, MakeDepositToday<\/a>, GulfReserve<\/a>, GorgonProjectInvest<\/a>, InvestNetGroup<\/a>, Opulentia<\/a>, EurexTrade<\/a>, MGFunds<\/a>, PermanentProfit<\/a>, BrantonsGroup<\/a>, EurosFund<\/a>, OilCash<\/a>, SimpleGain<\/a>, WABFunds<\/a>, BrilineLimited<\/a>, ViscoCorp<\/a> and InstantSuccess<\/a> (the first payments received).<\/p>\n

Stay tuned for more news and views from HYIP industry on MNO tomorrow and don’t miss the latest events which are going to be discussed on the most up-to-date blog about HYIPs! See you all tomorrow!<\/p>\n","protected":false},"excerpt":{"rendered":"

BEWARE! THIS PROGRAM HAS STOPPED PAYING! PLEASE DO NOT INVEST! Hi everyone! I hope the weekend is going well for you so far. As you probably know weekends can be a bit hit and miss in the HYIP industry when it comes to news stories (ones worth commenting on, anyway) but there have been a […]<\/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\/5560"}],"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=5560"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/5560\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=5560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=5560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=5560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}