{"id":9915,"date":"2013-08-08T21:14:23","date_gmt":"2013-08-09T03:14:23","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=9915"},"modified":"2013-09-25T04:16:07","modified_gmt":"2013-09-25T10:16:07","slug":"08082013-locomotivetrade-review-and-daily-news-from-the-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2013\/08\/08\/08082013-locomotivetrade-review-and-daily-news-from-the-industry\/","title":{"rendered":"08\/08\/2013. LocomotiveTrade Review and Daily News from the Industry"},"content":{"rendered":"

Beware! locomotiveTrade has stopped paying! Do not invest there!<\/span><\/strong><\/p>\n

Hello everyone! I’m pleased to say there’s still a couple of new programs joining the MNO monitor recently so I’ll be finishing up the week today and tomorrow with a closer look at a couple of them. I have the news section as usual in the second half of the update, but for this evening I would like to start things off with a program called LocomotiveTrade<\/a>. It’s probably not exactly brand new as such with around a week behind it online already, though when the length of the terms is taken into consideration then LocomotiveTrade<\/a> is still very much in its early stages.
\n\"\"<\/a>
\nAs usual I want to start with the investment plans, and the members of LocomotiveTrade<\/a> have three individual options to choose from, though all sharing certain traits. They all carry the same minimum cost of joining, and run for terms varying from medium to long. LocomotiveTrade<\/a> offers members daily interest payments that include their principals and so will not be returned on expiry, which even if you don’t like it could prove crucial in helping the program keep a longer life cycle.<\/p>\n

So the first of the three choices put in front of you by LocomotiveTrade<\/a> is called The Hawaii Plan<\/strong><\/em>. It will cost you at least $25 to join, runs for 30 business days<\/strong> (which is six weeks), and pays you back 6% <\/strong>interest per business day<\/strong>, Monday to Friday only. With the principal already counted as part of those payments your final return comes to 180%<\/strong>, made up of your own money plus 80% net profit from LocomotiveTrade<\/a>. You may invest a maximum of $100,000, though the daily rate remains unchanged no matter how much you spend.<\/p>\n

The Dominican Plan<\/strong> <\/em>is next on the list, running for<\/strong> a term of 45 business days<\/strong> (nine weeks). The interest rate drops somewhat for this plan, but as the intention is that over time you receive a greater number of payments then ultimately we hope it’s going to be more profitable. The rate is 5% per business day<\/strong>, and as LocomotiveTrade<\/a> include your principal as part of those payments then you eventually earn back 225%<\/strong> or your own money plus 125% net profit. Maximum spend is still capped at $100,000.<\/p>\n

And lastly The<\/strong><\/em> third plan, or\u00a0Jamaica Plan<\/strong><\/em> as LocomotiveTrade<\/a> have labeled it. Running for 75 business days<\/strong> (15 weeks), members can earn 4% <\/strong>interest per business day<\/strong> on deposits within the same parameters as the last two plans, i.e. a $25 minimum up to a $100,000 maximum. The interest payments are including your principal so upon receiving your final one the total should come to 300%<\/strong> in total, including 100% of your own deposit plus an additional 200% net profit.<\/p>\n

I know that some of you, probably not many but definitely some of you, might be put off by the relatively high minimum cost of joining LocomotiveTrade<\/a>. The admin goes some way towards compensating for this however by having a pretty good list of payment options open to his members. As you may expect all the usual popular names are there such as SolidTrustPay, EgoPay, and PerfectMoney<\/strong>, LocomotiveTrade<\/a> are also using the lesser known PexPay<\/strong>. What’s much more interesting than that however is that they are also one of the latest online HYIPs to start using BitCoin<\/strong>. Well known internationally, they are still very much a marginal player in the HYIP world, but one whose presence has undeniably become more noticeable in recent months. With specific relation to LocomotiveTrade<\/a> however, I’m sure a lot of you will be aware that rather than a standard payment processor that you might be used to in the HYIP industry, BitCoin is rather a separate tradable currency that rises and falls in value against the dollar. If using BitCoin to join LocomotiveTrade<\/a> therefore you need to keep in mind that while the numbers themselves may be a little different, the actual value of your investment will be more or less the same as everyone else’s, just expressed in an alternative currency.<\/p>\n

As for the payment schedule, it’s pretty well organized (as far as I’ve been able to see so far) and quite fast. Withdrawals are handled manually by the admin and so need to be requested from within your private members account area. Typical waiting times have been two to three hours which is quite impressive. Just remember this isn’t explicitly guaranteed and the program reserves the right to take up to 24 hours if need be. Remember also that payments are made on business days only. There’s nothing to stop you from asking for your payment over the weekend of course, just don’t expect to see it until Monday and take it as a bonus if it arrives early.<\/p>\n

Moving on to the design and security of the program, one of the first things I noticed about LocomotiveTrade<\/a> when they first opened was their list of mirror sites and domain extensions. Aside from .com for example, you could also have found LocomotiveTrade<\/a> using the likes of .biz, .net, and so on. This seems to have been suspended for the time being however, possibly because of an extensive DDoS attack that hit the program and more or less forced the admin’s hand into maintaining just the one site and doing it properly. Hosting itself is provided by Snoork on a dedicated server, though the protection is in turn done by a separate provider with CloudFlare taking care of that. In both public and private areas the LocomotiveTrade<\/a> website is SSL-secured by Comodo for safer browsing and more secure transactions. The program is running off a script under license from ShadowScripts, which is probably the best on the market at the moment. If you’re not that familiar with ShadowScripts (I interviewed the script developer here<\/a>) you should just be aware that if joining (any) HYIP using it you first need to fund your account e-wallet there. Only after doing that can you then re-direct your funds to the plan of your choice.<\/p>\n

For any further questions or account related issues you might need dealing with then the admin can be reached by a variety of channels, starting with the usual online support form that you can fill out and submit through the contacts page. LocomotiveTrade<\/a> have a couple of other methods you may prefer, such as writing directly to the listed e-mail address, their Live Chat support, or if you prefer a more personal touch you can try and see if anyone answers the phone numbers listed on the contacts page. I would suggest you skip the postal address though, as that’s more likely, if genuine at all, to be a serviced office and not where you find anyone connected with the program physically located. And lastly fans of social media sites will find LocomotiveTrade<\/a> keeping a page on Facebook, though there’s been next to no activity there so far.<\/p>\n

For anyone still insisting on looking for the alleged business plan in place to support the whole thing, LocomotiveTrade<\/a> are claiming to be in the construction industry. Well, that’s what they want to say anyway, I myself only mention it to say there’s also nothing there you can research and verify by yourself so it’s best not to take it too seriously and continue treating LocomotiveTrade<\/a> as it were any other online HYIP. That means no guarantees, everything carries a risk, and never ever ever spend more money on anything that you can’t comfortably afford to lose. That, and if joining LocomotiveTrade<\/a> at all then please remember to also at least try and keep them as part of a diverse and varied portfolio.<\/p>\n

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

<\/a>
\nAFTER90DAYS<\/a> INTRODUCTION<\/strong><\/span><\/p>\n

The only thing I have for the news section tonight is the introduction of After90Days<\/a>, a program joining MNO’s Premium List. Actually it can’t really be considered new in any way, as the first mention of After90Days<\/a> dates back to June 2012 which means that it’s been running for well over a year now. I’m sure that the regular readers of MNO already met such programs staying deliberately dormant for a few months, paying mostly to monitors, an ugly design and unattractive plans, while at some point the admin decides use this \u201cpayment\u201d record as proof that the newly refurbished program has a solid payments record dating back over a year. Let’s hope the strategy will bring the program some good results. Meanwhile, let’s see the main features of After90Days<\/a> with a full review coming soon.<\/p>\n

There are several plans investors to choose from in After90Days<\/a>. They are 2.6%-3% for 90 days, 900% after 90 days, 600% after 60 days, 300% after 30 days, and 10% for 30 to 90 days. I’m not sure if all the plans returned the original investment on expiry, so I had to ask the admin of After90Days<\/a> who assured me that on all of the plans the initial principal gets returned. The minimum to invest in different plans is different as well, but the very minimum starts from $25 which can be invested via PerfectMoney, SolidTrustPay, and EgoPay. What I like about After90Days<\/a> (and which the majority of investors would be pleased to hear as well!) is that all the withdrawals from the program are processed instantly of which the FAQ explicitly states. The site itself looks really good and well-designed as well with lots of info available including an extensive FAQ section, a video presentation, \u201clegal\u201d documents on exposure, the list of regional representatives and more. And if you allow me this minor criticism, I can say I hate the background music that comes on opening the main page it’s just because I don’t like something that keeps playing on my PC without asking for permission. That is easily being fixed with the mute button, so you can do it too, if you share my anti-passion to such music. Apart from that minor issue, I’m pretty impressed by After90Days<\/a>‘ layout and features and am looking forward to tell you more about the program in my review very soon. For now, I can only tell you briefly that the program is running off a very familiar version of a licensed script from GoldCoders, the website if properly SSL-secured by GeoTrust and is hosted on a dedicated BlackLotus server with DdoS-guard protection.<\/p>\n

I’m also pretty impressed by the tremendous longevity of After90Days<\/a> that even managed to survive the LR collapse, which, as you may remember, happened at the end of May this year. And just in a month from then After90Days<\/a> celebrated its one-year remarkable anniversary of which a newsletter was issued:<\/p>\n

\u201c1 Year Anniversary!<\/strong>
\nToday After90Days<\/a> is one year old. One year ago we launched the site and received a first deposit. Today several thousand investors have become richer thanks to using their money according the After90Days<\/a> strategy. After90Days<\/a> is a strategy of short-term and high-profit (up to 900%) capital usage. Our motto is as much as possible within the shortest time period. Thanks to the possibility to communicate via Internet, large amounts of investment capital available online, and our potential with real estate transaction, it is possible all year long. We are happy to have you with us!<\/em>\u201d<\/p>\n

Then in the middle of July 2013 it was announced about another great achievement of paying for the fourth time on the 90-calendar day plans which are the most common investment plans in the program, hence the name After90Days<\/a>, as the majority of the plans return the original deposit after this period. Here’s the update hailing this achievement as well:<\/p>\n

\u201cFouth 90-day Cycle Over!<\/strong>
\nThe fouth cycle of 90-day investment plan paying on expiry is over. Today the investors, who made deposits 90 days ago, have received their profit. Certainly, after the first cycle completion we have such investors every day. We are happy to let you know that gradually their number is growing, which means that this investment plan becomes rather stable to keep on receiving new deposits. We sincerely thank our investors for high opinion of our expertise and their confidence.<\/em>\u201d<\/p>\n

And finally, just a couple of weeks ago there was an announcement about a major site overhaul with more a convenient interface and more features added. I’m sure that only after that happened the admin came to conclusion of the necessity of expansion of its advertising campaign and we started noticing After90Days<\/a> strongly featured on some popular HYIP-related resources. Here is the latest newsletter from the project:<\/p>\n

\u201cGood results.<\/strong>
\nImprovement in Client Service In order to improve the After90Days<\/a> client service and thanks to good results, it was decided to enhance technical safety of After90Days<\/a> website and to increase the number of support service operators. Also, a bunch of new materials is uploaded to the site for further information.<\/em>\u201d<\/p>\n

Just remember that how ever great and long-lasting a program, always invest only what you can afford to lose. This rule comes with all the HYIPs and After90Days<\/a> is certainly not an exception from that. So, please stay safe and expect the full review very soon!<\/p>\n

<\/a>
\nGET PAID REPORT FOR 08<\/strong><\/span>\/08\/2013<\/strong><\/span><\/p>\n

Here is the list of the programs from my monitor that paid me for the last 24 hours:
\nFrom MNO Sticky list<\/strong>: –
\nFrom MNO Premium list<\/strong>: MalaysianINC<\/a>, PureIncome<\/a>, EmpireFinanceGroup<\/a>, RFIGroup<\/a>, InstaBank<\/a>, CatenaFinance<\/a>, AlliexFinancial<\/a>, ArgoMoney<\/a>, SeedFunding<\/a>, SolomonHit<\/a>, Stanford&Goldstein<\/a>,\u00a0After90Days<\/a> (the first payment received).
\nFrom MNO Standard list:<\/strong> \u00a0–
\nFrom MNO Basic list<\/strong>: InvestmentCapital<\/a>, OneDollarInvest<\/a>, GetInstantWithdraw<\/a>,\u00a0TheInvestmentBank<\/a>.<\/p>\n

That’s all the news for today, and though there wasn’t much I always keep saying that no news is good news. All the programs listed on MNO monitor are paying fine at the time of writing, but please make sure to check the status of any program on my monitor before investing as the situation with even the best performing program may change dramatically. So, please remember about that and try to play safe! Tomorrow I will be bringing you another review alongside the regular daily news from the programs monitored on MNO, so see you all then!<\/p>\n","protected":false},"excerpt":{"rendered":"

Beware! locomotiveTrade has stopped paying! Do not invest there! Hello everyone! I’m pleased to say there’s still a couple of new programs joining the MNO monitor recently so I’ll be finishing up the week today and tomorrow with a closer look at a couple of them. I have the news section as usual in the […]<\/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\/9915"}],"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=9915"}],"version-history":[{"count":0,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/posts\/9915\/revisions"}],"wp:attachment":[{"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/media?parent=9915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/categories?post=9915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/money-news-online.com\/blog\/wp-json\/wp\/v2\/tags?post=9915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}