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10/05/2010 : Total Withdrawn $99,756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15/05/2010 : Total Withdrawn $133,435.44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!

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