Monday, May 31, 2010

30 May 2010 - Wazzup™ Daily News

Today's news and updates:

TruEarn continues its strong momentum even after reaching 50+ days online, and the admin sent out the latest newsletter informing of some referral contest and promotions to keep the program running. In my opinion, the latest AlertPay issue and some slowing down of growth over the past few weeks have finally taken a heavy toll on the program, which is now handing out bonuses and promotions to keep the program up. Here are some of the details:

1) the first ever referral contest was launched with huge prizes for the top referrers running for one week, and
2) a one-time promotional bonus of $50 was introduced to everybody making a $500 or more deposit in any of the plans offered by TrueEarn.
All the details and rules of the currently running ref contest and promotional bonus can be found in the newsletter being republished on my blog below:
“Dear Members,
====================================
SECOND INTERVIEW WITH MNO PUBLISHED
====================================
As I mentioned in my last newsletter, TrueEarn achieved the great rank of being 50 days online a few days back. Since 50 days of being online is definitely a big accomplishment, especially in this industry, Paul, the owner of the famous money making news blog, Money-News-Online.com, invited me to have a second interview with him on that day, due to the high demand from the members and due to the ever increasing popularity of TrueEarn, and I was really happy to hear that and for having been invited by Paul.
The second interview I had with Paul has now been published in his blog, which you can read here: http://money-news-online.com/blog/2010/05/28/28052010-interview-with-the-admin-of-trueearn/
==================
REFERRAL CONTEST
==================
Now, I have a couple of exciting news for you. We are going to have an amazing referral contest, which will commence today, that is on May 29th, 2010 and will end on June 5, 2010. That’s a one week long referral contest, in which you will have enough time to gather the maximum number of referrals, and grab one of the five prizes for the top five winners. Yes, you heard it! I’m going to pick out five members who will have the maximum number of referrals at the end of the contest, who will eventually turn out to be the top five winners of our first ever referral contest. As you all know, there are no contests without any rules. So let me make myself clear to you about the rules.
——————————————————
TERMS AND CONDITIONS OF THE CONTEST
——————————————————
1. All members, which includes bloggers and monitors, can take part in this contest.
2. Only the referrals which you get from the May 29th, 2010 will be counted.
3. Only the active referrals (referrals that have an active investment) are counted. Inactive referrals will not be considered.
4. You need not have an active deposit in TrueEarn to participate in this contest.
5. You are not allowed to create accounts referring yourself, as it is against the terms. All such accounts will be terminated and the entire funds in them will be frozen, if any.
Ok, that’s the rules of the contest. Now let me get to the prizes offered for the winners. The top five referrers will emerge out as the winners of this contest and will be given away cash prizes. The prizes will be
The winner will be awarded a grand prize of $300 in cash
The 1st runner-up will be awarded $200 in cash
The 2nd runner-up will be awarded $100 in cash
The 3rd runner-up will be awarded $50 in cash
The 4th runner-up will be awarded $20 in cash
I invite all my members to take part in this contest, and I wish you all the best in becoming one of the winners.
===================
PROMOTIONAL BONUS
===================
Now let me get into the second exciting news. As a part of TrueEarn’s promotional campaign, I have decided to introduce a bonus feature, All members who make deposits of $500 or more from any e-currency from now on, will be given an extra $50 bonus.
—————————————————
TERMS AND CONDITIONS OF THE BONUS
—————————————————
1. This bonus feature will be implemented right after I send out this newsletter.
2. You will be eligible for the $50 bonus, only if you invest the amount of $500 or more, as a single deposit.
3. You will not be eligible for the bonus if you make small deposits of less than $500 from different e-currencies, and add it up to $500 or more.
4. This $50 bonus is a fixed bonus, which means that, a member who makes a $500 deposit and a member who makes a $1000 deposit, will get the same bonus of $50.
5. This bonus is applicable only for your first deposit of $500 or more, after the implementation of this bonus feature.
6. This promotional bonus is a one time bonus, which means that, if you make a deposit of $500 or more again for a second time after the implementation of this bonus feature, you will not be eligible for the bonus for that second deposit.
7. You have to send me a support ticket, with your username and deposit details, so that I can add the bonus to your TrueEarn account.
8. The bonus will be added to your TrueEarn account in the same e-currency with which you made the deposit.
9. You can either withdraw your bonus, or invest it, which is at your sole discretion.
I once again thank all my members for showing your continuous support for TrueEarn. Remember, for TrueEarn to become even stronger, we need to work as a team. I’m doing my best to TrueEarn at the top, and at the same time, I would like to see my members supporting and promoting TrueEarn in forums and monitors, by posting your payment proofs in forums, and voting for TrueEarn in monitors. I will be really glad to see my members supporting me in forums and monitors.
I wish you all an enjoyable weekend ahead with your family and friends.
Regards, Scott. TrueEarn Manager”.


Rich-World, a short-term program that I recently introduced on my blog but yet to be reviewed yet, has completed its first payout cycle. The admin is currently processing all payouts, and he announces that there will be contests every day for as long as its online. Today's contest is if your deposit batch number ends in even number, you'll get 10% bonus! Here are the details:

Hello friends of Rich-World, I greet you all and I want to tell you that this day was completed the first cycle of our program and we are waiting to start making payments, Rich-World is growing in a very fast way and I hope you continue supporting us reinvesting principal and help to keep growing every day more, thanks to all who have given us support in the forums posting the payment proofs of referral commissions, just hope they do every time receive a payment.
You can read the review done by the blog MoneyNewsOnline in the news section of our website.
I want to remind you that in Rich-World every day we have different contests, which will be announced throughout the day in the chat box that you will find in our site, in forums and through newsletters.
The contest of the day works as follows:
If the last number of your deposit batch ends in pair number, you win a bonus of 10% for immediate withdrawal, to claim only have to contact the live chat, send an email to support or announce through the shoutbox.
We are working hard to bring this project forward and for sure we will be here for long with the continued support of you.
Best Regards,
Gabriel Santos.


StaunchFinances, again, is keeping itself abreast with the current issues in the industry as the admin, Brent addressed that some high-profile programs closed today, and he will be holding a meeting with board members to discuss how best to cope with these issues. One such issue is related to StrictPay, which has been having troubles with deposits and withdrawals. As for myself, I've stopped using StrictPay few weeks ago, although I still do have a few bucks left in there that I use occasionally to invest. Might as well let it grow while waiting for StrictPay to settle the problems. Here are the details:

Dear members,
Here's hoping that your weekend went by on a positive note. I read on the forums that a few more high-profile programs closed. I just hope you're not one of those who lost.
Anyway, if you are celebrating Memorial Day today in your country, here's wishing you a pleasant one.
There has been a lot of activity on our account with StrictPay the past 3 days. Knowing that SP have their own issues right now, some people are choosing to invest (and/or re-invest) their money with us and wait until SP finds a solution. But know that we, like many of you, have the same rules applied to us. We are not treated by SP in a special way whatsoever. We are going to continue to use them and let's just hope that it turns out for the best.
Later on at 10AM server time, me and my partners are going to have a major meeting and will be discussing some of the issues the industry is facing today and how we can prevent it from affecting our program negatively. Some of the issues we will talk about are the declining participation of many members in general, high profile programs closing, StrictPay processor issues, our outside trading status, and a few other small issues that may or may not affect our program. We are going to do this because we all know how our industry is in dire straits right now, and we definitely want to change this and get your confidence back. This program is one of the few that you can be sure to do whatever it takes to be there for you when you are unsure, and at times confused, on what's going on.
If you have any suggestions or questions you want us to discuss in our meeting, please feel free to email us at staunchfinances@gmail.com and I will try to bring it up. You have about an hour and a half when I send this mass email.
I will be back with some important information that I can share with you later on or tomorrow. Thank you all and have a wonderful week!
Brent
PS. Please continue posting your payment proofs at our major forum threads. Remember that it helps out a lot!

That concludes my daily update for today! Please stay tuned to SafeMoneyInvest as I will review one of the hottest short-term HYIPs in the industry right now, InvestiHeaven in a few days!

Sunday, May 30, 2010

29 May 2010 - Wazzup™ Daily News

Today's news and updates:

Unfortunately, I have to start off today with a bad news. RogerVille, despite successfully surviving for 30 days online, the admin announced that the program is closing today due to slow growth. Indeed, things are looking bad for short-term HYIPs right now, as many investors only join for a round or two, and then move on to better or newer programs. While I wouldn't recommend against doing so, but this pattern of investing has definitely done more harm to the industry than good. Of course, I understand investors are looking for ways to keep their principal and increase their profit at the same time, a HYIP cannot last via a single way traffic. Here are the details:


Hello Cody
It is with mixed emotions that I inform everyone today that RogerVille has to close today. I watched as the deposits declined the past week. Now it has reached its last day online, with only less than $100 deposited today and about the same yesterday and some hundreds the past weeks. The support that RogerVille has received has declined by a huge margin. This is because of the thinking of many that at this stage a program is not worth depositing more into anymore because it has reached 30 days? Well I hope this attitude of depositors stop soon because this is what killed RogerVille. It may be applicable to some sites but supposed to not be on RogerVille.com.
Please be advised that the deposits today are to be refunded fully. And that is all that we can do as you know this is how I handle sites I have when I close them. No refunds are issued because everyone knows what they are getting into and not an investment site. Everything up front and all cards laid in front of you.
You know how serious I am when I manage my sites and yet some still do not play it with me. We had a good site going but the terrible attitude of too old, too late thing killed it. Next time please, when I am the admin, be assured that I will only manage the program properly and so you can continuously support it so we can make a long lasting program.
We just need to eliminate that attitude that kills programs.
I will be online in 8 hours. Depositing has been disabled already. Please spread the news.
Regards,
Roger


Of course, for every door that shuts, a new one opens up. Today I joined 2 new programs, namely GoldWayMoney and InvestiHeaven.

GoldWayMoney was just reviewed today, and many are already comparing it to OneStepMoney due to various similarities. If this one's really managed by the same team from OneStepMoney, I think we'll have a good round here. Note that GoldWayMoney accepts 4 different payment processors, namely AlertPay, LibertyReserve, PerfectMoney and StrictPay. I would recommend only the 1st plan, which pays 115% after 4 days. I don't recommend the other two plans as the higher interests are offered at the expense of security. We're all too aware what could happen once we get greedy don't we?

The other program, InvestiHeaven was just launched today, and so far the program has racked up some really good interests from members already. Two plans are offered here: 10% daily for 12 days and 144% after 12 days. As always, i would recommend the daily plan because that offers good returns with lower risks. The program itself is hosted by HushHosting with a licensed NeverSay script. I plan to review this program in a few days' time, so stay tuned! Meanwhile, I would highly suggest checking this site out.

StaunchFinances sent out a casual, laid-back newsletter today informing of their latest Alexa ranking, while also taking the opportunity to send out an update on the status of their visa application. Seems like Visa doesn't approve of their investment activities, which leads to the Visa's rejection of StaunchFinances' business. Here are the specific details:

Dear members,
Hoping that the start of your weekend has been great so far! Me, I've been busy as my kid just got out of school yesterday and his summer vacation starts. But of course, it will not affect my dedication to this program, although I'll just be a little bit busier with family.
If you've noticed, our Alexa ranking is below 50,000 now (http://www.alexa.com/siteinfo/https://www.staunchfinances.com)! Thanks to all your support, people are looking at our program more and more now and we are getting a lot more unique hits! Congratulations and continue the great job you are doing!
Unfortunately, I have to say that the credit card option won't be implemented. I've talked to different credit card merchants and the one that was supposed to accept high-risk merchant accounts denied us too. Here's what they said on their last email to me:
'Brent,
Thanks for the details. I'm afraid though that Visa/MC prohibit investments (& real estate purchases for that matter). It 'is' convenient but since its a debt tool it doesn't make sound policy to invest using a debt tool....also, what happens if someone lost their shirt, they could attempt to do a chargeback.
If it was just an education/charting system then we could help out.
Sorry Brent.'
I apologize to everybody waiting for this feature and those that emailed me asking when this feature is going to be implemented, I really thought that we could be the first program to actually implement this successfully and I was ready to take on that challenging task.
Well, I just thought I'd share some of these news to all of you! Have a great weekend everyone and stay safe!
Brent
P.S. I challenge everyone that got paid today and yesterday to post your proofs at our two major forum threads (MMG & MNO) and if we get more than 50+ unique payment posts, I might just give everyone or those who posted a free day on your 2.5% :-)

Be careful guys! I didn't receive my latest payout from Nano-Venture, so I think this one has bit the dust already. Please do not invest there any longer!

I think the game's over for Ying-Yang Investment, as I have not heard any news from the admin, and there are no payouts being processed as we speak. Therefore, I'm moving this to Not Paying status, so please do not invest there any longer!

That's it for today folks! I'll see you tomorrow with more news from the industry.



Saturday, May 29, 2010

29 May 2010 - GoldWayMoney Review

Hi guys! Today I bring to you a review of GoldWayMoney, a short-term high ROI program that will hopefully show you the golden way towards becoming rich!

Right off the bat, I would like to point out that this program's nothing more than a game, and you should only invest as much as you can afford to lose. This means don't put in your life savings into these money games; it's not worth it. Nonetheless, that's just a worst case scenario. What I'm trying to do here is prevent you from losing a single cent; in fact, I'll try within my powers to bring to you the most profitable and reliable sites in the market at the moment.

GoldWayMoney is hosted on a dedicated server by Staminus, with Ddos protection by DdosWhiz. The domain name is registered up until 2014. While this does involve investing a few dollars more (buying a domain name for 4 years costs just a little bit more than buying for 1 year), this doesn't guarantee that this program will last until then. So take note of that, and be aware that a domain name is a cheap investment.

GoldWayMoney is, allegedly, investing in Forex and the team comprises of professional traders, a statement that I find difficult to believe as any and all trading teams must be approved by SEC before they can offer such services. I don't believe any of the bull-crap these HYIPs come out with these days any longer, because no matter how persuasive or impressive the texts are, it all boils down to one simple fact: it's a money game. And a game will end eventually, just like the Sun doesn't shine every single day.

There are 3 plans being offered:

  • 115% after 4 days
  • Min: $5 Max: 3,000

  • 140% after 8 days
  • Min: $30 Max: $10,000

  • 200% after 20 days
  • Min: $100 Max: $30,000

    Each plan pays upon expiry, which means your principal will be kept in the program for the duration of your plan, and you will be paid upon maturity. There are no daily plans, therefore, each and every plan will pay as soon as your plan expires.

    The range of payment processors accepted is slightly better than average, offering all 4 top payment processors in the industry right now, namely AlertPay, LibertyReserve, PerfectMoney and StrictPay. For me, these 4 payment processors are more than enough for most investors because if they seek more security, they can opt for AlertPay; whereas if they seek for quick bucks with low fees, LibertyReserve and PerfectMoney are open as options. This will definitely help to keep the program up for a little longer than others.

    In a nutshell, I think this one has something to offer, which may or may not suit your taste for investment. A recap of the program:

    Pros:
    • 4 payment processors accepted
    • Licensed GoldCoders' script
    • Dedicated hosting with Ddos protection
    • Attractive plans

    • Cons:
      • Unsustainable plans

      • Prediction: While GoldWayMoney looks like a well-prepared short-term HYIP, I don't think it'll make it over June. Keep things simple and enjoy while this one lasts.

        That's all for today folks! I'll see you later!

        Friday, May 28, 2010

        28 May 2010 - Wazzup™ Daily News

        Today's news and updates:

        RogerVille, a program managed by Roger who also ran Investimates, Investomato and Cashift, is now officially 30 days online, a milestone that will hopefully spur more investors to invest, as according to the admin's newsletter. While there are many programs that collapse and close down prior to completing 2 or 3 cycles, RogerVille is now done with 2 cycles and moving fast towards completing its 3rd cycle. Here are the details:

        Hello Cody
        How are you doing today? Some payments became pending for a bit long yesterday because I was unable to get online for the past hours. But now I have processed them.
        I just wanted to inform everyone that tomorrow, RogerVille is 30 days online already!
        It's been that fast since we launched and since I came back. When others just fly away even before their first cycle expires, RogerVille just goes on and on.
        As usual, sent this e-mail to notify everyone to please continue to support our program. Those who are still thinking that we are like fly-by-night programs, please think again. When a program is ran by Roger Miller, be assured that you are not dealing with fly-by-night admins.
        Ok that is all I have to tell everyone today.
        Have a great day everyone!
        Regards,
        Roger

        AtoxFinance has bit the dust as the site's been abruptly taken down. The URL now redirects to TopFinancial, which is a long-term low ROI program that has been paying consistently for the past 6-8 months. It's hard to predict what this implies, but all I can say is the game's over for AtoxFinance.

        I've been having a tough time looking for good programs recently, which explains the slight lack of updates. Nonetheless, I would like to know what you guys think. If there are any good programs that you would like me to review or join, please send me the link via the Email Me button, or fill in the form on Contact Us page.

        That's all for today folks! I'll see you tomorrow with a review.

        Thursday, May 27, 2010

        27 May 2010 - Wazzup™ Daily News

        Today's news and updates:

        As expected, ManorTrust closed down yesterday, with a short notice being sent out to members clarifying that the program couldn't continue on any longer. While I appreciate the fact that the admin's honesty, it was obvious from the start of the referral contest that this one was going on a downward spiral already. Please do not invest there any longer. Here are the details:

        Hello,
        I am sorry to announce we are unable to continue Manor Trust. Not too long ago, $9000 was stolen from our Liberty Reserve Account using a API hack. We were able to protect our account afterwards, but we were never able to catch up after $9000 just vanished from our accounts. Slowly but surely our ability to repay investors got worse. We tried our best to continue. In the end we were not able to.
        Thank You,
        Timothy Alexander

        StaunchFinances has finally reached it's 1000-member mark, an achievement that can be attributed to honest and effective administration, prompt payouts and sustainable payment plans. The admin invites the members to participate actively on forums, and he expresses his hope that the program will get 2000 members by the end of next month. Here are the details:

        Hello members,
        Hope you are all having a wonderful day! Just wanted to give you this great news, we finally achieved a membership count of more than 1000! It took us a few more days but it sure is a welcome achievement. Of course not all of them are active, but it is still a good 70+% that are invested. I bet those who joined early and not invested are slapping their heads now! Anyway, remember that these are real stats and not made up.
        I would also like to remind everyone that our OFFICIAL FORUM can be found here - http://money-news-online.com/forum/viewtopic.php?f=9&t=14 . Sign up, join our discussion, and post your payment proofs for everyone to see! That's all I'm asking, 'I help you, You help us'. Hundreds of you get paid daily therefore I want to see hundreds of posts there on a daily basis. Imagine if we can get 2000 or more members by our 2nd month anniversary, our program will explode! And it's all possible if they see a lot of proofs at the forums, it will be highly encouraging!
        Thanks and happy earning to all! Watch out for a new interview that I just conducted with another independent blogger. I will send the link as soon as he posts it.
        Brent


        Apparently something was amiss with TruEarn's AlertPay account yesterday because some members complaint that they couldn't make deposits via AlertPay. TruEarn has been paying consistently for the past 50+ days, and I don't think the admin would allow such bumps interfere with his program. In fact, I think this is one of the few really hardworking admins in the industry right now who want their members to prosper from this site. So I went ahead and investigated further on the issue, and luck might have it, a frequent reader of my blog contacted me with details regarding the AlertPay issue.

        Due to privacy, I will not reveal his name here. However, he somehow managed to take a glimpse into what happened, or as a matter of fact, what has happened during this past few weeks. TruEarn apparently had its AlertPay account suspended a month ago, which some of you still remember. Nonetheless, the issue was resolved after the admin registered a 2nd account under his partner's name. Things looked merry from there on, but little did he know that AlertPay wasn't satisfied with the way he handled the issues.

        A few weeks from that suspension, AlertPay placed a partial freeze on the admin's account, holding about $7000, or 20% of the total reserves in the account. The admin panicked as he was really concerned that this would severely disrupt the program's cash flow. Luckily though, AlertPay released about half of that amount ($3500) back into the account due to the admin's good standing.

        Just a few days ago, AlertPay, again, placed a partial freeze on the admin's account. Unfortunately though, this time the admin's plea to unfreeze the account fell on deaf ears. Apparently the recent slew of scam sites prompted AlertPay to take such strict measures. This caused TruEarn to be unable to take in deposits yesterday. But thanks to the admin's quick wits, and prior experience in handling such an issue, the account issue is all patched up and things are running smoothly again. Whether or not this will pose a threat to the site's longevity is anyone's guess, but for better or for worse, we can definitely see that the admin's placing a lot of effort into running the program, and his adroitness in navigating through AlertPay issues gives me the feeling that he knows what he's doing. And in this industry, that feeling is worth more than anything.

        I won't make any wild guesses on TruEarn's future as I still see some potential with this one. Nonetheless, do take note that this is only a game, and each and every game will end someday. With that in mind, enjoy and have fun!

        That's all for today folks! I'll see you tomorrow!

        Wednesday, May 26, 2010

        26 May 2010 - Wazzup™ Daily News

        Today's news and updates:

        YingYangInvestment resolved to selective payment several days ago due to reasons we are all too clear with, yet the admin comes back today with a newsletter attempting to make a comeback. He suggests two options to get the program back on track, one that chooses to go with the flow and let the program wither away, and the other, which chooses to change the program into a 12x12 program. Either way, the program is sliding downhill as we speak, and the admin wants to hear your input on MoneyMakerGroup forum within these 2 days. Here are the details:

        Dear members,
        This might be the most important update ever as we have reached a very critical point. And the rest of the story has to be written by you.
        We are not growing fast enough and we where not able to invest a lot in our money generating system. We have pulled it all out and paid as many as possible and some have recieved some money as a (little) refund. I can tell you this; even I have 1.6K loss so don't start insulting me.
        Ok what can we do, there are 2 possible scenarios:
        1.
        We can stop, this means the end of yingyanginvestment. Then it is over and YingYang dies. Leaving all of us in loss.
        2.
        We can act like a comunety and try to save the site.
        We can by example do something a site never did before, something unique.
        We can make YingYang play a last game, make it do something so no one will ever forget it. We can turn it into a succesfull 12 X 12. But be aware it is completly sponzi then. Still I will not with your money, you have my word on that. Then YOU need to promote it at forehand. Make our topic turn crazy at the forums etc.
        This is a disaster to some of you.
        Some of you will think 'lucky me, I did not invest'. Those people are wrong , if we had some beter investors this would been a succes story.
        I want to invite you to the MMG topic to talk about it. And to vote. Also you can bring in new idea's etc. By spreading negative words you will only make it fail.
        It is in your hands now,
        a choise will be made in 2 days based on your input.
        John


        ForexNetClub sent out a newsletter just several minutes ago urging members to participate in the latest referral contest. While the newsletter is filled to the brim with rhetorics, there's a certain degree of truth in what the admin is implying -- that is, a program's longevity relies heavily on the members' support. Without, a program simply cannot survive. Here are the details:

        Dear SafeMoneyInvest
        As a smart man once said “The real contest is always between what you've done and what you're capable of doing. You measure yourself against yourself and nobody else.” We want to thank all of our members who are in contest for the picture, reviews and videos they've submitted to us!
        You may not understand at this moment what is the influence of this contest on your life, but I want to give you an example - "Google Company started with $300". The amount that you will earn from this contest can give you the boost to start your own business and everything you have to do is already to review one of the greatest investment companies in the world market – ForexNetClub Ltd.!
        A competition will always end up with a winner who will take all the benefits. Besides the material remuneration you will have the special honor to know that you were the best among the many! Self satisfaction is a great thing towards a real investment! The oil tycoon Rockefeller started by selling newspapers and earning some cents per day but he always had the winning attitude! We are giving the both - the attitude and the money!
        Hurry up, there are just 20 days until the finish!!!
        For more information view:
        http://forexnetclub.net/news.html
        Do not hesitate to contact us with any question you might have.
        ForexNetClub Ltd. Marketing Department
        - Phone: +44.20.3286.0156 | +1.347.632.1735
        - Live Chat
        - E-mail: support@forexnetclub.net
        http://www.forexnetclub.net/

        ManorTrust is fast approaching the end of its promotion, which offers 5% deposit bonus for investments over $250, and 8% for investments over $10,000. I'm pleasantly surprised that the program has lasted this long, and even though I really wish that it could last longer, I think the referral contest signifies that the program is reaching the end of its course. Please do not invest there any longer as I think this one will collapse soon. Here are the details:

        Manor Trust's Deposit Bonus promotion expires in a few days; May 31st. All new deposits of at least $250 are eligible for the Manor Trust deposit bonus. For new deposits of $250-$9999 there is a deposit bonus of 5% and for new deposits of $10000+ there is a deposit bonus of 8%.
        We thank you for your support.

        As predicted, FruitInvest closed down yesterday before completing its' 2nd cycle. The program suddenly stopped paying altogether, and despite what the admin claims to be an honest program, this one's another quick scam. Please do not invest there any longer as this one's moved to Not Paying status.

        All right guys, thanks for reading today! I'll see you tomorrow!

        26 May 2010 - Pragma Financial Group Review

        Hi guys! it's been a while, and today I bring to you a review of PragmaFinancialGroup, which claims to be based in Singapore with a certificate of incorporation that can be viewed on-site. While I can't exactly pinpoint what I like about this site, I do have a few suggestions and opinions of this site. Read on to find out more..

        PragmaFinancialGroup - Practice is a criterion of Truth
        This particular quote from the site baffles me, because I am completely clueless what the admin wants to address with this particular sentence. While I do believe that practice makes perfect, I am unsure how practice brings truth into the picture. Regardless, let's move on to what the program has to offer.

        Right off the bat, I would like to mention that this is a low-roi program, offering just three plans that pay from 1% - 1.8% daily. Here are the exact details:

        • Pessimist Plan
          • 1% daily
        • Matures in 90 calendar days
        • Pays on business days only (Mon-Fri)
        • Min: $20 Max: $1000

        • Pragmatic Plan
          • 1.4% daily
        • Matures in 120 calendar days
        • Pays on business days only (Mon-Fri)
        • Min: $1001 Max: $5000

        • Optimist Plan
          • 1.8% daily
        • Matures in 150 calendar days
        • Pays on business days only (Mon-Fri)
        • Min: $5001 Max: $100,000



        • All 3 plans pay on business days only, and your principal will be returned at the end of each respective terms. Note that early withdrawals are allowed, however, a 20% fee will be charged on your principal.

          If you're interested in knowing what the company does with your funds, let me tell you this: While the site description mentions that the company is involved in money market (FoRex trading), I can assure you that it is essentially a money game, which means you have to play this wisely and allow yourself some margin for error. We're living in an unpredictable environment right now, and it could be anyone's game. Therefore, treat this as a game -- don't invest your life savings into this -- and you should be fine.

          The only payment processors accepted at the moment are LibertyReserve and PerfectMoney. If the admin seeks to improve his program, I think one of the first things he should and could do is add more payment processors, such as AlertPay and StrictPay. Yes, there's definitely the risk of chargebacks and suspension by using AlertPay, even for honest programs. But a counterbalance can be achieved by setting a certain limit on the amounts of AP deposits accepted. I think the admin should really consider this if he wants to attract more investors towards his program.

          PragmaFinancialGroup has a customized design with a script that I'm not entirely familiar with. Nonetheless, I'm sure it's not a customized script, so the cost to purchase the script shouldn't be any higher than $200. Personally, the black and green combination hit it off well, giving the site an attractive look with a touch of professionalism. However, the faceless black figures really get on my nerve as this would reflect that the admin's unwilling to let people know his true identity. If I were the admin, I would rather have a figure with Pikachu as the head image than letting these black figures represent my site. But that's just me, lol! PragmaFinancial is hosted on a dedicated server by Dragonara, one of the best hosting companies in the industry, and the site is also SSL-encrypted, which means your sensitive financial information is protected from the prying eyes of hackers.

          I think that pretty much sums up what I think of the program. There are many programs out there with similar offerings, and I can't really figure out what should differentiate this one from the rest, however, if I were to choose one aspect that this one excels and outperforms its competition, then that would be the support system is really robust and you can almost always expect a prompt response from them. In addition, the site's also hosted on Dragonara, which, although this doesn't guarantee your returns, is the one of the best hosting providers in the industry, and this directly translates into no downtimes. So that should provide some form of assurance to investors out there.

          To summarize:

          Pros:
          • Hosted by Dragonara
          • 3 different plans to cater to different investors
          • Nice web design
          • Effective and efficient support system

          • Cons:
            • Only 2 payment processors accepted
            • Faceless figures are like Dementors
            • No Live Chat

            • That's all for today folks! I'll see you later with more news from the industry!

              Tuesday, May 25, 2010

              25 May 2010 - Wazzup™ Daily News

              Hi guys! I'm finally back with the latest news and updates from the industry!

              Today's news and updates:

              I am proceeding in the order of latest -> oldest updates with the latest news coming from FruitInvest, which has finally reached its first payout cycle with the expiry of the 4-day plan. The admin seems ecstatic about this first milestone as he sends out a newsletter reminding the members that today's the day and he hopes the members will post their payment proofs on major forums. I'm sure many will associate this with Chokomoney and TeddyBearDreams, and I'm not saying they shouldn't because personally I'm just treating this as a game and I don't expect this one to last more than 2 weeks. Besides, many claim that these programs are managed by the same admin, and I don't beg to differ. If the admin used the 1st cycle as a bait for more investors to invest in the 2nd, I think I'm out. Good luck if any of you are investing in the 2nd cycle! Hopefully I'm wrong. A solid proof that the program will most likely scam within the next 10 days is the admin offered a $200 contest bonus for the contest. In my experience, none but a handful of programs offered contest bonus and still managed to last for over 2 weeks after that (for short-term programs only). Here are the details of the latest payout:

              Dear Cody,
              All cash out requests were processed as of now.
              LibertyReserve SCI was not functioning for the entire day. So LR deposits were not added automatically. I am adding all missing LR deposits manually. If anybody's deposit is missing please send a support request.
              As said here comes first referral contest. The contest will run for next 10 days. Winner will get $200 and runner will get $100.
              Those who got paid do not forget to post payment proofs. So far FruitInvest.com is getting good support from all members in terms of reinvestment and promotion. I am extremely happy with this progress.
              George

              Dear Cody,
              Time has come. Payouts started getting processed.
              I urge all the members to go to https://www.fruitinvest.com/rate.php and post your payment proofs on all the forums and monitors. This is very essential for FruitInvest.com growth. Please support FruitInvest.com by all means.
              Winner of the best payment proof posting will get $10 reward everyday.
              George

              And here's an older newsletter from the admin clarifying his position on purported intention of running FruitInvest for a long time. In my opinion, this is just another marketing gimmick, and as always, treat this as nothing more than a game and you should be fine. Here are the details:

              Dear Cody,
              Before getting in to something else let me thank all the members who has faith in FruitInvest.com .
              I was lot busy behind the screen in support and other activities. I feel now is the time to update.
              Come to first point . FruitInvest.com is 3 days online. Total Members are 322. Total Deposits are $18362 at the moment.
              This is great achievement in these turbulent conditions. I appreciate everyone who are part of this success.
              Next, Tomorrow is the big day i.e first payout day for the members who opted for Plan 1 (116% after 4 days). As i asked first i need your utmost support towards FruitInvest.com. Please post your payment proofs on all forums and monitors.
              I was asked by many members to participate in MMG forum discussion. It is accepted. You would see me there after first round of payments.
              Final clarification. Many are crying in forums as FruitInvest.com is related to recently collapsed ChokoMoney and Teddy Bear Dreams. I am clarifying to members "FruitInvest.com is no related to them". If anyone wants to contradict "Prove it first". I will be transparent to my members always. Will not give silly excuses. Forget those melted chocolate bars and damaged teddy bear which is in dust bin now. This is the time to enjoy fresh fruits. FruitInvest.com is here for a long haul.
              FruitInvest.com was reviewed by Austin's Extreme Surfs Blog. Next review will be done by Paul's MNO Blog today. I will inform once it is done.
              Referral contest will start after the first round of payments. Details will be shared in next news letter. That's it for now.
              George


              StaunchFinances appears to be in a paying state as well as of this writing, and the admin sent out a short, sweet newsletter informing, and reminding, the members to keep supporting the site on various forums. Well, as always, this is just a game, and cash flow is the one single criterion that determines the site's lifespan -- no money in means no money out. Here are the details:

              Hello members,
              Oh how the weekend went by so fast! But here's hoping that you all had a wonderful break during that time.
              This update is just a short one as everything's moving smoothly with the program. Just wanted everybody to know that we celebrated our first month anniversary last May 21st and wanted to thank everybody again for making it possible with your tremendous support. I will once again choose a few winners in our forum payment proof contest later on so if you got paid today and/or the previous days, please post on our forums and you might win some cool cash prizes. Again, here are some of our threads that I check often:
              http://www.moneymakergroup.com/Staunch-Finances-Staunc-t346009.html
              http://www.dreamteammoney.com/index.php?act=ST&f=111&t=97293
              http://mycashforums.com/index.php?showtopic=17836
              Our 'STAUNCH'S BEST OF THE BEST!' contest is still ongoing! Please check out the rules at our contest page found here: https://www.staunchfinances.com/contests.php
              ALL WITHDRAWAL REQUESTS ARE PAID as of this writing!
              That's about it! Have a wonderful week ahead!
              Brent

              TruEarn has achieved another spectacular feat, reaching its 50th day online yesterday with full force and grace, and the admin sent out a newsletter congratulating and thanking the members for their support. But the admin didn't forget to include several pertinent issues pertaining to prolonging the site's lifespan, such as creation of multiple accounts and decision to stop accepting deposits via GlobalDigitalPay. I've heard of admins who decided to stop accepting payments via AlertPay due to obvious reasons, but this I've not heard of because GlobalDigitalPay is somewhat similar to LibertyReserve -- there's no dispute for your transactions. The admin provided that the rationale was not enough members are using that particular payment processor, so he thought it would be wise to drop it altogether.

              Secondly, TruEarn mentioned that creation of multiple accounts to earn referral commission will not be tolerated. It appears that there are many unscrupulous investors right now who would do anything at the expense of the site's longevity. This truly saddens me as I really hope everyone would work together and keep ourselves, the investors from being scammed. To each his own I guess, and I hope at least my readers would do the right thing. Here are the details:

              Dear Members,
              It's with extreme pleasure and excitement that I'm sending out this newsletter. It's truly amazing that True Earn has been online for 50 days now, and has managed to make a very big difference in this industry. There is no doubt that True Earn is the most popular and the best program now. With your amazing support for True Earn, together with the fast payments I make daily, it wasn't very difficult for True Earn to achieve this position. I sincerely thank all of you for showing your continuous support for True Earn from the very beginning itself. Perhaps, most of you who joined True Earn late, might be regretting for not joining at the very beginning of our launch, since they could have made big profits by now, if they did so. Well, no one has to regret here. You still have a lot of time to make a lot of profit with True Earn, because True Earn is here to stay, and I have proved that with the fantastic track record for the past 50 days of being online. Rest assured, I will be doing my best to make True Earn reach even greater heights.
              Now I have a couple of news to bring to you. First of all, as you all know, True Earn has been accepting deposits from Global Digital Pay. But now, I made the decision to stop using Global Digital Pay as a deposit/withdrawal option, since I found that only a very few members, to be precise, only 5 to 6 members out of the 8500+ members True Earn has, have been using Global Digital Pay. Due to the lack of popularity and use of Global Digital Pay, True Earn will not be accepting deposits from Global Digital Pay anymore. Remember that you still have a wide range of payment processors to choose from, to invest with and withdraw to, namely, Liberty Reserve, Perfect Money, AlertPay, StrictPay and SolidTrustPay.
              The second news is regarding the creation of multiple accounts. Please do keep in mind that you are allowed to have only one account per IP address. Well, you may ask, then how can the other members of my family join True Earn. There is a solution for that. Your family members and yourself can have separate accounts per IP address, but the only thing is, none of you should refer each other. To be more clear, none of you should have an upline/referrer. I hope I have made myself clear now. Once again, I remind you, please don't create multiple accounts for yourself to earn referral commission or for any other purposes. Such actions will not be tolerated, and all such multiple accounts will be suspended, and the funds inside them will be frozen.
              Now, I would like to wind up this newsletter as I usually do. Please post your payment proofs in the forums and vote for True Earn in monitors after you get paid from True Earn. It will only help True Earn to grow to even better heights, and make you all in bigger profits.
              ================
              Discussion Forums
              ================
              ITalkMoney Forum - http://www.italkmoney.com/index.php?/topic/369-true-earn-truearncom/
              MoneyMakerGroup Forum - http://www.moneymakergroup.com/True-Earn-Truearncom-t343211.html
              DreamTeamMoney Forum - http://www.dreamteammoney.com/index.php?showtopic=96119
              TalkGold Forum - http://www.talkgold.com/forum/r288973-.html
              =======
              Monitors
              =======
              GoldPoll - http://www.goldpoll.net/details/15097/
              HYIP Explorer - http://www.hyipexplorer.com/true_earn_2582/
              GS Monitor - http://gsmonitor.org/details/2714/
              I wish you all a wonderful week with your loved ones.
              Regards,
              Scott
              True Earn Manager

              Rogerville, a program managed by an experienced admin who ran the likes of Investimates, Investomato, and Cashift, is in its 3rd cycle already despite the deafening shouts and claims of scam by naysayers. While I personally do not think the program's your life savings, or any other program out there, I think Rogerville's been doing a great job. And for that, I take my hat off to Roger, the admin. Nonetheless, I don't think this one will make it past the month of May, as it's still a high-ROI short-term program. Anything that goes beyond 2 cycles either go on to achieve greatness, or scams right before completion of 3rd cycle. Let's hope for the former.



              Well, that's it from me! I'm really sorry I haven't been able to post as frequently as I'd like, but I'm back from my trip and you'll definitely see more of me from today onwards! Thanks for your support and Sayonara!

              Tuesday, May 18, 2010

              18 May 2010 - Wazzup™ Daily News

              Hi guys!

              I'm sorry for this very late post, but I'm currently traveling halfway across the States right now and I have anything but time at the moment. I offer my most sincere apologies for being unable to keep you updated on the latest news..

              Anyway, I try to keep the my list of latest programs and latest scams updated as soon as possible. Here are the latest programs that closed within the last 24 hours:

              • WhiteFund
              • PlentsInv
              • AtlantInvest
              • HydroFunds
              • MasterFunds

              • It's a pretty long list and while programs such as WhiteFund and Plents just simply stopped paying, Hydrofunds actually has a lengthy explanation from the admin regarding what happened. The funds in LR have already dried up, but payouts to StrictPay and SolidTrustPay will continue until the funds in those accounts dry up as well.

                I'll post the detailed explanation from Alzander, admin of HydroFunds in my next post, which should happen tomorrow night.

                Take care guys!

                Monday, May 17, 2010

                17 May 2010 - Wazzup™ Daily News

                Today’s news and updates:

                YingYangInvestment recently added StrictPay to its choices of payment processors, and today the admin decided to launch a referral contest to celebrate this latest addition. The referral contest will award 12% referral commission to the 1st prizewinner, 10% referral commission to the 2nd prizewinner and 8% referral commission for the third. Besides the admin will handpick a winner who gives the best forum support on either MoneyMakerGroup or MoneyShareForum or both. This referral contest will run from today, May 17th until Sunday May 30th. Here are the particulars:

                Dear members,

                Now strict pay is added we will do a referral contest! This contest will take place from monday 17 till sunday 30.

                What do the winners get?
                The first winner will get 12% referral comission in stead of 5%.
                The second winner will get 10% referral com.
                The third winner will get 8% referral com.
                This is quite good for people who give referral comission and also for the people who join.
                Also we will pick a winner who is giving good forum support on MMG and/or MSF.
                The price will be announced later.
                Have a great day!
                John

                Staunchfinances sent out a newsletter yesterday asking members to remember to post their payment proofs on different forums as this is an integral part that will keep the program running. We know what we’re getting into, but that doesn’t mean we shouldn’t keep supporting a program that’s been paying consistently right? Besides the admin also took the opportunity to inform and remind the members of the latest contest that’s happening on StaunchFinances at the moment. Here are the details:

                Dear members,
                Here's wishing that you and your family are having an amazing weekend so far! Just wanted to remind you on a couple of things, especially to our new members.
                1. If you didn't receive my update last May 14th, please head on over to the 'Newsletters' section of the site to read it. It's got some wonderful news about our program which includes plans for our first month anniversary and a contest. The link is https://www.staunchfinances.com/news.php
                2. There are no earnings given this weekend.
                3. We have ongoing contests that you can join and earn cash prizes. They can be found on the Newsletters section also.
                4. I couldn't stress this enough, but PLEASE PLEASE post your payment proofs on 1 or 2 forums. Hundreds of members get paid daily yet I see less than 10 active posters in our forum threads. Many of you think it doesn't help but it helps keep our thread active thus generating interest and good positioning at the HYIP section (no need to waste money on Stickies).
                5. All requested withdrawals are paid fast and updated!
                6. We are currently close to acquiring our 900th member. Our membership count slowed down quite a bit due to the many High-ROI HYIP's that opened recently. It took a big chunk of member interest in our program.
                Speaking of High-ROI HYIP's, I felt the need to mention this, many of you are probably members of the Choko site that closed it's doors yesterday. I just hope that most of you made some profit on that one and none of you lost. If you did lose, I'm sorry. I've mentioned many times about going diverse in your investment portfolio, I now hope you took that advise.
                Anyway, Have a great rest of the weekend!
                Brent

                TeddyBearDreams will be achieving its first milestone as the program hits its first payout cycle of 130% after 6 days tomorrow. The admin takes this opportunity to encourage members to keep supporting and inviting new members in via various means of promotion with PTC and traffic exchanges among others. Here are the details:

                Hello Fellow Teddy Bear Dreamers,
                I hope everyone is enjoying their weekend. I know mine is still being filled with soft cuddly dreams.
                Just a quick weekend update here, in 2 days our first deposits will be expiring and payments will be starting. I am expecting to see some huge growth at that point.
                With the referral contest combined with the first payments being made for deposits the contest is any ones game.
                Some tips and tools for everyone to help with the referrals. Many will wait to see real payments being made not just commissions, so be sure to show your friends the monitors and forums as well as Teddy Bear Dreams, show them what others have to say.
                Another tool that seems to be generating alot of buzz and Dreamers are PTC sites and traffic exchanges.
                Remember that with 35k in deposits in just a few days shows that there is great potential and that support at this stage is still growing and DREAMS are about to come true.
                Theo
                Administrator
                Teddy Bear Dreams

                I recently added EkonInnovation to my blog, which pays 110% after 3 days, 120% after 5 days and 150% after 10 days. Today marks the first cycle of its 3-day plan, and I will be reporting soon on the payouts as soon as I get the statistics in from the admin. So far I haven’t received, or heard, of any complaints from members, so this could most likely mean payouts would be processed soon. Here are the details:

                Hello Cody
                Are you one of the members who have been waiting for the first payouts to start before investing yourself?? Well D-Day is here! 3 Days EkonInnovation has been online and the stats are growing more and more each day! Just a few hours ago I started the first of payouts to the members who got in right away!
                EkonInnovation offers you a great place to grow yours funds! Driven by me, a dedicated Admin, I will always be here when you need me. EkonInnovation is becoming one of the next up and coming programs out there! So if you've been waiting for this day, nows your time to act!
                And to who has been waiting, I would like to offer you a one day only promo for joining our team! Here it is: Invest $100+ and I will give you $8 back! You must contact me via email(simply respond to this newsletter) and I will confirm your deposit and send you your $8! Enjoy it while it's here! (This offer is for both upgraded members and free members)
                With well over $15,000 in just the first 3 days online, I am seeing huge potential for you and your friends to really earn with EkonInnovation. I will be back in 12-16 hours for another newsletter that I did mention last time i wrote you. It will be about the Contest that I will be offering you all for help EkonInnovation and also give you a way to really earn more cash!
                Have a great Monday everyone!
                Sincerely,
                Augusta

                I’ve recently partnered with XChanger, an online e-currency exchanger that provides fair and quick e-currency exchanging service. Many members requested that I recommend a site where they could exchange their e-currency safely and promptly, note that this is an exchange service, which means conversion from LibertyReserve to AlertPay, to PerfectMoney or vice versa. If you’re looking to convert some funds right now, it’s a good time to check out this site because they’re offering 0% fees for conversion at the moment! Good deals just don’t get any better than this, so check out the site and find out for yourself whether or not this site fits your criteria. Do let me know if you find this site helpful! Here are details of the promotion:

                Hello safemoneyinvest,
                1. LR X account. We've got the X account from Liberty Reserve administration early this month. Our LR account is now X6935106.
                2. Special Promotion. Don't forget that till the end of May we still have our Anniversary Special Promotion.
                Besides the already announced special promotions we've lowered our fees for the following directions:

                =======| 2.1. Exchange Liberty Reserve to StrictPay for 0%.

                =======| 2.2. Exchange SolidTrust Pay to StrictPay for 0%.

                =======| 2.3. Exchange Global Digital Pay to StrictPay for 0%.

                =======| 2.4. Exchange AlertPay to StrictPay for 0%.

                Well, today’s finally the day for MasterFunds to fulfill its promise, but I don’t see any chance of that happening as the monitoring page has already been replaced with a gory picture that was perhaps taken from Silence of The Lambs or one of the series. Nonetheless, let’s wait till end of today to update the status.

                That’s all for today folks! I’ll see you tomorrow!

                Sunday, May 16, 2010

                17 May 2010 - SMI Talk™

                Hi guys! Welcome back to SMI Talk™, a weekly column on my blog where I write about my recent investments, my strategies for the week, some tips and tricks for veteran investors and neophytes alike, some recommendations and other interesting, HYIP-related news! In the future editions, I will start offering promotions and bonuses on a weekly basis as well as my way of showing my gratitude to you guys.

                Anyway, as usual I would discuss about my top program for the past week along with some prospects for the upcoming week.

                This week’s All-Star of the Week is……….TruEarn

                TruEarn

                • 116% after 4 days, 145% after 10 days and 210% after 20 days.
                  • Accepts LibertyReserve, PerfectMoney, AlertPay, StrictPay, GlobaldigitalPay and SolidTrustPay.

                  Even after 42 days online, the program is still at the peak of its game as though it were launched yesterday! In fact, I really like the fact that the admin keeps us, the investors regularly updated with the latest news and his future plans for the program. I’ve talked to the admin on several occasions, and a trickle of enthusiasm and a whole lot of professionalism emanates from his every word. As he does his work diligently without fail, it makes it so much easier for me to recommend such a high quality short-term program. While I’m not stating that this program is not a game, at least I think it’s one of a few programs in the industry that’s actually worth investing your time and money in.

                  In fact, TruEarn’s one of a handful of programs that has successfully weathered through problems with AlertPay. I think we have witnessed more than enough programs in the past that collapsed due to verification issues with AlertPay. The fact that TruEarn was not influenced by that issue seems to be more of a miracle than the admin’s efficiency in handling an issue. But I wouldn’t concern myself too much with that, because we definitely need a little pinch of luck to make it in this industry, and TruEarn definitely has a lot going for it at the moment.

                  Programs to Watch: OneStepMoney, HydroFunds and TeddyBearDreams

                  OneStepMoney

                  • 111% after 3 days, 144% after 9 days, 200% after 18 days

                  • Accepts LibertyReserve, AlertPay, PerfectMoney

                  OneStepMoney has been online for over 12 days now, and I think this program has a lot of potential in it to go the distance, and perhaps even match the success of TruEarn. While I do not have any concrete proof in the form of statistics to show that OneStepMoney is growing as rapidly as TruEarn or TeddyBearDreams for that matter, there is definitely a lot of interest in this program at the moment now that the admin has started a very aggressive advertising campaign in the industry. We’ll definitely be seeing this program here for a while.

                  HydroFunds

                  • 7% daily for 18 days
                  • Accepts LibertyReserve, StrictPay and PerfectMoney

                  This program was started by Alzander, or Kev, as some of his friends call him, promising a very lucrative return interest of 7% daily for 18 days, which means a net return of 26%. As some investors have been spoiled with much higher interest rates, they may choose to eschew this program due to its lower interest rates. Nonetheless, I have been paid almost instantly for the past 10 days, and I particularly liked the fact that HydroFunds paid on a daily basis, which would enable you to reinvest your daily profits into the program (compounding). This would in tern allow you to build your portfolio up until a point where you’re comfortable with, and then you could start pulling out your principal.

                  TeddybearDreams

                  • 130% after 6 days
                  • Accepts LibertyReserve, PerfectMoney, AlertPay and GlobalDigitalPay

                  This is another very well-made wesite that offers 130% after 5 days. The design was done by Doris and the site uses a licensed NeverSay script. There’s no wonder that many investors are associating TeddyBearDreams with other more popular alternatives because the design itself was taken from the same designer. Nonetheless, the program itself is indeed performing well, and tomorrow will be its first payday. The admin already sent out a mass newsletter announcing the excitement and support surrounding the program, so this is definitely one to look out for.

                  Tips and tricks of the week:

                  Do Not Compound

                  Whatever you do, please do not compound your interests in any program unless you’re really comfortable with doing so. I was badly burned when Infinitiva and GeniusFunds closed down on me because I had been doing over 3 months of compounding before the sites decided to close shop and enjoy their profits.

                  New programs these days are facing a difficult time to adjust to such a dynamic climate, which explains why there have been so many programs that closed prematurely. As such I would like to restate that please do not compound your interests under any circumstances if you wish to even recover your principal. Yes, sometimes I get the gut feeling that a certain program will last longer than the rest, but that only happens on rare occasions, and usually I would still advise you to pull out as much as you can (seed money) before you start compounding.

                  For this coming week, I plan to invest in a couple of new short-term programs to recuperate my loss from EuroNanoInvest and WhiteFund. Even though I invested on the first day of Euro's launch day, I was still about 10% short of recuperating my seed money; whereas WhiteFund took almost half of my seed money with it. I have to say that I didn't foresee WhiteFund collapsing this early, and the admin seemingly stopped paying all of a sudden, which only means he planned this scam from the beginning. Nonetheless, the profit I made from TruEarn has covered for most of my loss, with HydroFunds slowly but surely making up the rest of it.

                  This is one of those times when I remind you that you should always diversify your portfolio, in case one or two of your programs collapses. As a matter of fact, I always have 2 - 3 "back-up" programs that I rely on to have my back covered whenever one of my newer ventures goes down the drain. Recently it's been getting harder and harder to establish my "back-up" programs as there are many programs that either scam early or scam even earlier than the ones that scam early. But anyway, if you caught my drift there, the main idea is the "back-up" programs are not just any 3 programs -- I change them all the time according to my personal evaluation of the programs' prospects. Right now my 3 programs are HydroFunds, TruEarn and OneStepMoney. Hydrofunds would be the most stable as I trust Alzander's character; TruEarn 2nd and OneStepMoney 3rd. I'll try to update the 3 back-up programs as quickly as possible so that you guys will know which ones I'm in and which ones I'm out -- if I'm out, that doesn't mean the program will scam soon. It just means I've found a better one to invest in =D

                  That’s it for today folks! I’ll see you same time next week with SMI Talk™.

                Saturday, May 15, 2010

                16 May 2010 - Wazzup™ Daily News

                Today’s news and updates:

                Unfortunately things took a bad turn for TridentVenture as the admin took a brief break from his work for a few days. The total withdrawal over the past 5 days amounted to over $30,000, which forced the program into liquidation (closing down), and therefore, the admin will start the refunding process as soon as he could, given that the members act in accordance to the admin’s guidelines. The details of the refund are as below:

                Dear Cody,

                It saddens me greatly to send out this email, but unlike what some other people have been shouting already on the forums, I do not intend on scamming anyone, and never did. In the past couple of days I have been away due to very personal reasons and I would have thought that after 43 days of running a legitimate and constantly paying investment program, then there would be a certain level of trust between us. I mean due to Investors wishes, and getting close to $100,000 I decided to post the total Deposited, keeping these values hidden for most of the program’s life. But now I would like to show you the total amount of Withdrawals from 5 days ago and from this morning:

                10/05/2010 : Total Withdrawn $99,756
                And from this morning:
                15/05/2010 : Total Withdrawn $133,435.44
                That is a total withdrawal of nearly $34,000 in 5 days!
                For this matter TridentVenture will be going into liquidation, on the basis that there is not enough liquid capital to sustain withdrawals and maintain Trading.
                For this reason we shall be refunding our investors to the greatest capacity possible. Therefore we ask you to act orderly and not to report to payment processors because that will only lock accounts and make this process even harder and will only make less people receive refunds.
                This is not what I wished for trident venture, and I’m sure it is not what any one of you wished for either, although I would like to point out that for the past 3 weeks, TridentVenture has been the target of a massive DDOS and hacking attempt, and it's best for all if TridentVenture does the respectable thing, and starts refunding.
                Therefore this will be my last email to you as admin of TridentVenture as I cordially retire from my position, and will be aiding the financing department in the processing of refunds.
                Till we have the pleasure to meet again,
                Kiko

                Here are the details regarding the refunding procedure:

                Dear Cody,
                The procedure to refund is going to be as follows:
                1) Refunding shall begin when all assets are liquidated: this means that all external investments are being redrawn to the company accounts, which will take anywhere between 6hours to 3 days, seeing as its a saturday, and most transfers will be delayed till Monday
                2) To be put on the refund list, you must send an email to tridentventurerefund@gmail.com
                this email MUST ONLY INCLUDE:
                as a subject : your USER ID
                as a body: a copy and paste of your current investments, including total amount that has been paid to you.
                Nothing else should be included in the emails. Any email found in violation of this will be discarded immediately and without warning.
                3) The list will be sorted as follows:
                you will be alloted a number of points, depending on Number of Investments, Total Paid out, Support of TV, and any posts done on the major forum. once the list is compiled, then each person will be given an adequate ratio of the available funds.
                4) In the case that any reports are filed with Payment Processors, then TridentVenture are then no longer reliable for refunds, and will be left to the adequate Payment Processor, thus we shall not be held liable for any losses that any investor might sustain due to this procedure.
                5) TridentVenture will not respond to any form of BlackMailing or threating, as stated in the Terms & Conditions, we do not guarantee a profit, and cannot rule out a loss. These T&C have been digitally signed by you when creating your account, and therefore you have accepted this term.
                Thank you for you time.
                TridentVenture

                Apparently ForexNetClub suffered from a Ddos attack this morning, which forced the site offline for a few moments. But nothing that the capable site couldn’t do, because as of this writing, ForexNetClub has mitigated the attack and things seem to be back in place again. Here are the details of the Ddos-attack:

                Dear SafeMoneyInvest,

                You may have some difficulties accessing FNC website. This was due to a DDoS (Distributed Denial of Service) attacks on our website which caused the short downtime period. Our technical department has quickly repelled the attack.

                At this moment all returns and payments have been completed as per our plans. No problems or queries have been left unanswered or unresolved.
                We apologize for any inconvenience caused.
                Do not hesitate to contact us with any question you might have.

                Another program that seems to be suffering from cash flow problems is WhiteFund with pending payments over 24 hours now. Undoubtedly, WhiteFund seemed to be a very promising program up until yesterday, where the program suddenly stopped paying. There are no updates whatsoever from the admin and there’s little indication that the program will ever stage a comeback. Therefore, I’m moving WhiteFund to Not Paying now, so please do not invest there any longer.

                MasterFunds hasn’t paid for the 2nd day straight, although the admin had promised that the program would be back on track on Monday. I’ve had several successes in the past with programs that offered similar payouts, and I will give this one the benefit of doubt until Monday. Until then, please do not invest in MasterFunds.

                TeddyBearDreams, one of the latest short-term programs in the industry at the moment has announced its first referral contest after just a couple days’ old. The top 6 referrers will earn $500 for the top prize, $200 for the runner up, $100 for the third prize, and $20 each for the other 3 winners. If you haven’t checked out the program yet, I would recommend doing so because the program is still in its early stages and I think you could still make it for the early-bird profit. Here are the details:

                Hello Fellow Teddy Bear Dreamers!

                All Great things in life started with a dream. Even most lotto slogans are "a dollar and a dream" Well Teddy Bear dreams has farsurpassed my dreams of what the site would be capable of.

                What do you dream of? Cellphones, Laptops, Ipads, paying your bills EARLY. What are your dreams made of?

                As promised teddy bear dreams is going to have its first referral
                contest. We are here to help some of those dreams come true.
                We will give cash prizes to the top 6 recruiters.
                1st place 500$
                2nd Place 200$
                3rd Place 100$
                4th place 20$
                5th Place 20$
                6th Place 20$
                Contest will run for 1 week from now till May 22nd 2010. So lets get
                out our Teddys and pass them along, Nothing is better then a big bear
                hug.
                Our first deposits will expire in 3 days on the 18th and once payments
                start we will all be living our own Teddy Bear Dreams.
                Teddy Bear Dreams, Helping bring your dreams come true.
                Theo
                Administrator
                Teddy Bear Dreams

                Seems like OneStepMoney is in a very comfortable driver’s seat right now as I have just received my 2nd payout within minutes after request to my AlertPay. The program has recently embraced a more aggressive advertising campaign with some heavyweight advertising on various forums and monitoring sites. If you’re looking for some quick cash or even just to build a more balanced portfolio, maybe you would like to give OneStepMoney a try.

                Unfortunately, ChokoMoney has scammed after having a successful term online, despite what the admin propagated through his daily newsletters. Supposedly the program suffered from "substantial" fraudulent funds from a member, but after further research, some members on forums revealed that the fraudulent funds were no more than $140. I personally see this as the admin's excuse for his escape route -- he's been finding an excuse to run for a while now after seeing that the program received such an enormous support from members. It's definitely a difficult pill to swallow, but I think that's how it is in this industry. I definitely can't and won't approve of such scammers in the industry, but that's a risk we have to learn how to live with. I would suggest doing a transaction dispute via AlertPay right now, otherwise it's time to move on.. If you wish to take a look at the member's account of the whole issue, you can check it here:

                Link to The Truth ----------->> Click Here

                That's all for today folks! I'll see you tomorrow with more news and updates!

                15 May 2010 - Wazzup™ Daily News

                Today's news and updates:

                ChokoMoney has finally met its first major obstacle that could severely threaten the site's growth. As of this writing, AlertPay has been removed for both withdrawals and deposits, and the admin clarified that he will try to refund all the members until the funds in his account dries up. He noted that a member used fraudulent funds to engage in this game, therefore AlertPay took control and froze all the member's funds. This subsequently contributed to the freezing of ChokoMoney's entire funds in AlertPay as well. The admin begs your cooperation and consideration in helping ChokoMoney to recover from this blow. In many cases, the program in question usually collapses after receiving such a heavy hit to its financial cash flow. I would like to think that ChokoMoney has the ability to weather through this, but to be honest, I think the damage done will be too severe for the site to stage a comeback. Please do not invest there until further notice. Here are the details:

                Dear members,
                One of the member named "arijitwhatis" made multiple fraudulent deposits of substantial amounts via AlertPay. AlertPay froze all these funds which damaged the cashflow a lot so I had to remove AlertPay as a payment option. Unfortunately the damage was so terrible, that I don't have AP funds left to process all the pending withdrawals, so I will just refund all AP deposits I can until the account is totally empty. ChokoMoney needs your urgent support to make it possible to continue with the other three payment processor LibertyReserve, PerfectMoney and Strictpay and to overcome this obstacle. Those who haven't received their refund via AP, contact me and I will see what can be done. We must find a way to solve this issue.
                Regards,
                Chris

                Unfortunately, after receiving a silent "treatment" from the admin of Euronanoinvest for over 48 hours, I think it's time I move it to the Scam Vault along with other programs that have bit the dust. I am definitely very surprised to find this happening so fast, even though I expected this to come eventually. EuroNanoInvest was not having any problems prior to this, and no Ddos-attack excuses were used for this program. The only reason I can think of is the admin has had enough and decides to take a holiday with all the money. As I'm a firm believer of Karma, what goes around comes around. The admin will definitely pay, one way or another, for robbing his/her investors of their hard-earned money. Please do not invest there anymore and EuroNanoInvest is officially moved to Not Paying status now.

                Today I didn't receive my daily payout from MasterFunds, which really got me nervous thinking the program's gone already. So I checked out the website and saw this notice:

                14th May 2010
                Reserve Pool Funding.
                There have been a number of high withdraws recently, and consequently the reserve pool has run dry. We are sending extra funds to the reserve pool via a bank wire to compensate.
                We sent the bank wire on Thursday morning and we are told that the funds will reach our LR account by MONDAY latest. On Monday morning any payments that are missed WILL be paid in FULL.
                Thank you for your patience and understanding.

                I don't expect this program to collapse this early, so I will give it another day or 2 to settle things as according to the notice on the website. Nonetheless, it's not recommended to invest right now so please don't invest there until further notice. I will move it to On Hold for now..

                StaunchFinances will be overhauling its payment plans in a response to the recent inundation of high-roi programs in the industry. Well this clearly shows that Brent is always checking on his competition and trying to offer something better to win your money over, which is always a good thing as I believe in creating an equilibrium market via healthy competition. Therefore, starting May 21th, all plans will pay out on "calendar days" (Mon - Sun) instead of "business days". StaunchFinances also announced another round of promotion to celebrate the site's anniversary. While the admin hasn't specified how much will be awarded to the winners, he did mention over $1000 of cash prizes are up for grabs! Here are the details:

                Dear members,
                Sorry I didn't get this out last night, been busy here in the 'Shack' household. Anyway, I promised you 3 huge news on my last update to celebrate our first month anniversary online, I think it's about time to give you 2 of them. The other one I will keep as a surprise for now.
                First up, as you may know, a lot of new high-ROI HYI programs are opening up right now. I would just like to remind you that it is ok to play with them as long as you know your limitations. I myself used to play them but I would never ever put in more than I can manage to lose. Learn to diversify and play the low-risk smart and play the high-risk games even smarter. With that said, in keeping up with the current fast-pace trend, starting May 21st (our anniversary), both high-ROI and low-ROI plans will go from 'business' days to 'calendar' days meaning, earnings will be paid everyday for 56 days. We are going to do this for two months or until the hype of high-ROIs dies down. I believe that in doing so, we became a little more competitive (but not crazily competitive) and our rates are still highly sustainable.
                Secondly, I know many of you want something unique for a contest. Well, since I wanted something that would bring out the competitive spirit within all of you, I decided to come up with 'STAUNCH'S BEST OF THE BEST!' contest. The rules are simple, to find the best member in the many different categories that I can come up with.
                - BEST BLOG WRITE-UP/REVIEW
                - BEST VIDEO EXPLAINING STAUNCH FINANCES (YOUTUBE OR FACEBOOK VIDEO)
                - BEST STAUNCH FACEBOOK PROFILE
                - BEST PROMOTER
                - HIGHEST DEPOSIT TOTAL
                - BEST FORUM POSTER
                - MOST ACTIVE HELPER AT THE FORUMS
                ETC.
                There is a total of $1000 cash prizes allocated for this contest! The cash prize amount will be determined based on the professionalism of the entry. All winners will receive no less than $50 in cash prize and placed directly to the payment processor of his/her choice. Additional prize of course would be the honor and distinction of being one of the best.
                I am telling you this now so you can plan ahead. The contest will end two weeks after our anniversary.
                With that, I won't bore you anymore and end this update here. Wishing you all and your families a wonderful weekend ahead. Take care!
                Brent
                P.S. Continue posting your payment proofs at our different forums threads, it helps us tremendously! Thank you!


                One of the most successful short-term HYIPs online right now, TruEarn is launching another round of aggressive advertising campaign. If you've not heard of TruEarn yet, this program is a short-term high ROI program that pays 116% after 4 days, 145% after 10 days and 210% after 20 days. Continuing its success after 40 days online, the admin decided to adopt a more aggressive approach towards recruiting more new members. As of this writing, the admin announces that he will purchase a sticky thread for TruEarn on major forums such as TalkGold, DreamTeamMoney and MoneyMakerGroup, along with advertising banners on those forums and some monitoring sites as well. This will undoubtedly increase TruEarn's exposure, but more importantly, if TruEarn pulls this off, I think the program will take off to a much, much higher level than HugMoney or even BestInv for that matter. It takes deep reserves and determination from a program and an admin to promote itself at such an intensive level, so I really look forward to seeing how well this one performs. Here are the details:

                Dear Members,
                I really don't know how to thank you all for showing your continuous and amazing support for True Earn. I really can't believe that in these hard times when many HYIPs close as soon as they open, True Earn has managed to make a difference. True Earn has just hit 40 days of being online, and I have to admit that, without your effort and support, I could not have brought True Earn to this stage. I believe many of you have already noticed the difference True Earn is making in this industry, and many of you who have realised that, have already joined True Earn without any further thoughts. True Earn membership and deposits are skyrocketing, and withdrawals are being paid as fast as usual. True Earn has attracted over 7000 members, has collected over $680,000 in deposits and has paid out close to $220,000 in withdrawals, till now. I would like to use this opportunity to give my sincere thanks to all of you.
                From the first day of being online, I have been buying banners in the most reputed monitors and the famous Money News Online blog. I have now decided to take the advertisement campaign to the next level and to give more exposure for True Earn. As you all know, I have not purchased any kind of advertisements in any of the top forums till now. Most probably, I'll be purchasing banner ads and paid stickies this week itself, in the top forums. So stay tuned to see True Earn topic as a sticky this week itself, in the top forums.
                I will also be launching a referral contest soon, for which the winners will be given away grand prizes. So stay tuned for that too.
                Once again, I remind you to post your payment proofs in forums and vote for True Earn in monitors. Links to the forums and monitors are given below.
                ================
                Discussion Forums
                ================
                ITalkMoney Forum - http://www.italkmoney.com/index.php?/topic/369-true-earn-truearncom/
                MoneyMakerGroup Forum - http://www.moneymakergroup.com/True-Earn-Truearncom-t343211.html
                DreamTeamMoney Forum - http://www.dreamteammoney.com/index.php?showtopic=96119
                TalkGold Forum - http://www.talkgold.com/forum/r288973-.html
                =======
                Monitors
                =======
                GoldPoll - http://www.goldpoll.net/details/15097/
                HYIP Explorer - http://www.hyipexplorer.com/true_earn_2582/
                GS Monitor - http://gsmonitor.org/details/2714/
                I wish you all a wonderful weekend ahead with your family and friends.
                Regards,
                Scott


                Today I joined 3 new programs, one of which is the latest short-term program that was just launched 2 days ago, TeddyBearDreams. By just looking at the program's web design, script used (which is Neversay), and the payment plan offered, I think most people will associate it with ChokoMoney, which is totally fine in my opinion because seems like it's short-term HYIP season right now with several high-quality short-term programs cropping out recently.TeddyBearDreams offers 130% after 6 days and accepts LibertyReserve, PerfectMoney, GlobalDigitalPay and AlertPay. We'll definitely hear a lot more of this program in the near future.

                The second program I joined is called OilForexTrading, which on first glance seems to be a really cheap program. Well, while I can't comment on whether or not it's a scam deep down or not at the moment, seems like the program's been enjoying a successful 286 days online with very timely payouts. Some members complaint of not being paid for bigger sums, but it is hard to determine who are the paid posters based strictly on votes in monitoring sites. I've been paid for small sums of under $1, so I'll keep watching this one. Seems interesting, to say the least, to find a program with a simple design and cheap GoldCoders' script performing so well.

                The third program I joined is a short-term, newly launched program called Ekoninnovation, which offers 110% after 3 days, 120% after 5 days and 150% after 10 days. The site uses a licensed GoldCoders' script with a little modification done along with a nicely designed web template in place. They accept AlertPay, LibertyReserve, GlobalDigitalPay and PerfectMoney, and these four now constitute a major part of the investor community. Therefore, I thinkEkonInnovation will attract a lot of attention in the near future. Keep your eyes out for this one guys!

                That's all for today folks! I'll see you tomorrow with more daily news!