Tuesday, March 16, 2010

16 March 2010 - Wazzup Daily News

Today's news and updates:

GeniusFunds is still down, and despite what many optimists would like, I think the game's over for them. It would've been nice to observe a miracle from this, but I doubt we're fortunate enough for such a sighting, especially in this industry. I've now decided to move GeniusFunds to Not Paying. Some readers asked whether the issues with the Canadian authority were the primary reason for the collapse. My answer is yes and no. Yes, because the April hearing is one of the reasons, and no because it was simply a trigger. A trigger that jump started a stream of withdrawals and panic-stricken investors in forums, which later caused the lack of fresh cashflow into the program. As we are all well aware of, HYIPs are merely games. No matter how impressive a site looks, or claims, we should all always exercise caution. If you're looking for a stable investment, HYIP is the wrong industry for you in the first place. After all, it is High Yield Investment Program, which means high return programs that bear even higher risks. Please do not invest there anymore.

As predicted on my site 2 months ago, XagaEnterprise has stopped paying the members and I've decided to move it to Not Paying due to non-payment and the admin's decision to switch off withdrawal button while maintaining the deposit button on site. The issues that started few months back were early indicators that XagaEnterprise was having cash flow problem already. And it isn't hard to guess what would ensue. If anyone took up my advice back then, they would've perhaps saved their hard-earned money from falling into the admin's hands.


Unfortunately, I have to move HarmonicMarket to On Hold status today as the site has suddenly disappeared overnight. Nonetheless, the program was paying up until the last point before the server was taken offline. The admin might be fixing some issues offline, but I will not speculate for now. Let's wait it out, perhaps things could take a turn for the better. It is definitely not expected as the program showed a promising future, especially with the low ROI plans. So for now, please do not invest there until further notice.


There have been some problems with LR deposits on General-Income, but the admin has been very effective and efficient in handling the problems. To date, the admin has already responded by fixing all the accounts on time. Let me remind you that General-Income pays 110% after 3 days, 120% after 5 days and 150% after 10 days. They are now currently 16 days online, and the program seems poised for even further growth. One thing I'm concerned about is the hit-n-run phenomena that is persistently dominant on high paying programs. Therefore, I would recommend investing in 3-day and 5-day plans for now, and perhaps proceed to 10-day plan with your profit.


On to some payment news, I've received daily instant payouts from Affluent-Market, Dragadox, and Euronanoinvest.


Another program that's doing particularly well paying 4% a day for 30 days is PurpleFundsPro. I've received another payout today, and despite what many may claim otherwise, I think PurpleFundsPro does present a pretty decent game, and one thing I like about it is it pays. And essentially, that's what we all seek in this game isn't it? A paying program is always a good program. I hope you guys can earn from this one as well while it still lasts.

That's all for today folks! See you tomorrow!

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