Wednesday, March 10, 2010

10 March 2010 - Wazzup Daily HYIP News

Today's news and updates:

WaterInvestment, one of the low-profile workhorses in the industry, is now making significant progress towards establishing itself as a long-term HYIP. Recently, the admin added company registration documents which are currently available for download as PDF files on the site. Here's the latest newsletter:

Dear Cody,

We are glad to announce that most of our registration documents are
now available to download from the FAQ's page of our website. All the
files are presented as-is in .PDF format.

You are receiving this message because you have opened an account
with WaterInvestment.net.

Warmest regards,
Water Investment Administration

That's the only newsletter I received today, and I suppose no news is good news.

Anyway, moving on to my observation of several programs in the industry.

I've just noticed a new site called Super12Arbitrage that's been highly promoted in several forums. As if that's not enough, I'm receiving several spam mails per day inviting me to join the program as well. What's interesting, however, is the source of these spam mails.I've received 3 spam mails, and the first one came from the MoneyNewsOnline faker that was notorious for sending out spam emails for other programs, the 2nd one supposedlycame from GoldPoll, and the third came from, guess what, the admin of ad-ventures4u.com, a failed autosurf site that was running pretty smoothly for quite some time. Each left a trace in their email, which led me to believe all these spam mails came from the same person. The trace? Their referrer ID. Lol...

It's hard not to notice that the HYIP industry is moving towards a low-roi, long term setting. But, it's still a little upsetting for me to find that there are programs out there that scam early (as early as after only 4 days online) even though they're offering low-roi payouts and stellar hosting. I'm talking about Big-Budget, a HYIP that I just joined 2 days ago, and the program already stopped paying. I'm unsure whether or not the admin planned it from the beginning, but I'm sure he definitely didn't get much out of this. First of all, he hired the service of BlockDos, one of the leading hosting server providers in the industry, and that alone would've set the admin back $1000 per month just for hosting fees. I've just talked to the Customer Support at BlockDos today, and the prices start at $1000 per month for a regular HYIP + $1000 for setup fees. They further added that most programs, at least the ones that have been around, pay for their Premium service, which starts at $2500 per month for hosting + $2500 for one-time setup fees. Well, this goes to show that the industry is not recovering from the scam season, and I don't think it ever will if this goes on. Obviously, this teaches 2 lessons:
  1. Always go in with a test spend
  2. Do not trust any type of claims a program makes. Even a BlockDos-hosted HYIP (which usually means with a deep reserve) can scam in a few days

  3. Xcelsus finally paid me for my $200 investment. This is the 2nd time I've been paid, and the admin processed the payout in a split second!(ok i exaggerated there a little bit, but you get my point. Lol) So I'm moving Xcelsus back to Paying status again!

    That's it for today folks! I'll be posting a review tomorrow! I'll not reveal the program reviewed yet, but it's one of the sticky programs in MMG right now :D

    See ya!

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