4 July 2010 - LRXFunds Review and Wazzup™

Hi guys! Today I bring to you another review of a short-term program that seems promising enough that many of my close friends in the industry are recommending it right now, although some bloggers are still reluctant to introduce it due to the admin’s unique way of advertising. More on that later, but first of all, let’s take a look at what LRXFunds has to offer!

The name, LRXFunds, is quite catchy don’t you think? The admin, Tony Crenshaw apparently is a reputed and experienced admin who ran SNSAdsClub .

There are 2 plans being offered here, a daily plan and another expiry plan. Here’s a closer look at both plans:

• Plan 1 (Cashout at expiry)
120% after 6 days
Paid upon expiry
Min: $5 Max: $3,000

• Plan 2 (Cashout daily)
11% daily for 12 days
Daily cashouts
Min: $10 Max: $3,000

While you can say that I’m not a strong proponent of expired admins, this one does seem a little different in that most of my friends have strong faith that LRXFunds will perform better than the rest out there. The faith they place in this program and the admin’s professionalism and honesty is unbelievable – many are already reinvesting! LRXFunds is only 10 days online, so there’s definitely a good chance you can make a profit from this one.

There are 3 payment options being offered with all 3 being the top payment processors in the industry at the moment. AlertPay, LibertyReserve and PerfectMoney. Those 3 are the payment options available for LRXFunds.

As you can see, the expiry plan runs for 6 days only, while the daily plan runs for 12 days. You can break even after the 10th day, with the remaining 2 days being pure profit. In my opinion, the daily plan is obviously the better option because of 2 reasons:

1. Expiry plan = higher risk
2. Even if you reinvest in the 6-day plan, you’ll only get 40% profit, as compared to 32% net profit from the daily plan. (I think the extra 8% is not worth the risk)

Somehow the site’s not hosted on a dedicated server, or at least it doesn’t show up on my search. I wonder what’s the case here, and neither SSL-encryption nor DDos protection is provided as well. Makes me wonder, but without a doubt, this will definitely hamper the site’s popularity with the more skeptical investors. Nonetheless, the script is licensed from Neversay, which is one of the more secured scripts in the industry. Personally, I’m a big fan of this script as it is both user-friendly and visually-appealing.

LRXFunds is currently offering a 20% bonus for all first time deposits! That’s right, an outrageous 20% bonus! As the offer is only available for all first time deposits, successive reinvestments will not be credited with the bonus. The bonus is credited manually and will be available in your earned cash balance within 24 hours or less. Everyone has been credited with the bonus, so I suspect a strong cash flow in LRXFunds, most likely a strong boost from SNSAdsClub.

In conclusion, I think this one’s suitable for the adventurous investors who are willing to make a gamble. I’m sure many will choose to stay out due LRXFunds’ peculiar background – of it being associated with an autosurf that’s 60 days online. Nonetheless, I sincerely hope this one will mark the beginning of a strong industry recovery.

Pros:

1. Strong and efficient administration
2. Strong, albeit small, investor base
3. Lucrative plans
4. Accessible payment options

Cons:

1. No SSL-encryption and Ddos protection
2. Association with an old program will steer investors away

That’s all for today folks! I’ll see you tomorrow from Jogjakarta, a small island off Indonesia where I’m currently having my vacation!

Wazzup™ Daily News:

CherryShares continues to impress as they have just added their own forum! It’s a full-fledged forum with discussion threads opened for gambling, hobbies, and other miscellaneous topics. Following the inevitable tumble for the likes of GeniusFunds, GoldNuggetInvest and Infinitiva, I think CherryShares is the only remaining giant that has stood strong against the face of adversity. In fact, CherryShares survived a recent controversy between 2 of the biggest monitors in the industry, and this tells a huge deal about the program. I think we will continue to see this one leading the charge towards a full HYIP recovery in a few more months to come. Here are the details:
Dear Members and Investors,
CherryShares has something new for you, as we always think and hope
for your comfort and wellbeing!
One very old member of us proposed some weeks ago to open a forum for
us and we agreed! You have a place to interact, to request advice and
to get helped! Quickly now, open up a new tab and write there -
http://speakdollars.com! We hope you will enjoy your time there. Don`t
forget that we always love to interact with our customers - first the
live chat, now the forum place! Let`s keep this company at the
deserved level - THE TOP!
Sincerely yours,
Dominik Budlovsky
Supporting Team

SevenStarProfit recently had its AlertPay account blocked due to unauthorized funds (which means some investor probably filed for a dispute), and while this isn’t a fault that should be credited in the admin’s department, the truth and hard, concrete fact is that the AlertPay account’s being blocked at the moment. Nonetheless, as of this writing, the admin has created another account, and mentioned that starting from today, withdrawals will be processed almost instantly again. There were 2 newsletters sent regarding the situation, and I will post the newsletters in chronological order (old -> new):

Dear members,
It’s a very short important update. We had the issue with AlertPay because of one of our members who made their deposit to our AlertPay account via fraudulent funds. We had to sort out the problem very quickly so that withdrawal requests of our members who made deposits via Alert Pay would be processed as usual. That’s why we have opened a new Alert Pay account. Please, take notice that from now our Alert Pay account is
7sprofit@googlemail.com
Best regards,
SevenStarProfit support

Dear members,
Welcome to SevenStarProfit six newsletter.
Today is our 13th day online. Some of you were negative about us at the start but now I think you already understood that if you invest with SevenStarProfit, you'd have a good chances to earn some profit. Well, to demostrate this or how much our investors earn, a few days ago we have added Payments Proof page, you can open it here:
https://sevenstarprofit.com/index.php?a=cust&page=payments_proof
I now updated it so you can see some good withdrawals for today and yesterday. We are not promising anything to you, you see? Only stating the facts. Thats how we're going to be different on a broad way of hyip programs. Not promising, only doing.
Concerning AlertPay account block. Well, I was on a business trip when it happened. Want to thank my assistant who solved this problem by opening an additional account. It's taking time to contact AlertPay support representatives, you know. So it's best for us to just use another account. Because no one would wait two or four weeks to resolve this normally. Anyway there weren't much funds so there is no need to worry about SevenStarProfit cashflow. We can handle this.
Please do not forget to support our program on monitors (still not much votes):
Gold Poll - http://www.goldpoll.net/details/15798/
GS Monitor - http://gsmonitor.org/details/3186/SevenStarProfit/
And forums (we need more payment proof posts on all of them, please spend your time and post):
http://www.dreamteammoney.com/index.php?showtopic=101802
http://www.talkgold.com/forum/r296963-.html
http://www.moneymakergroup.com/Sevenstarprofit-Sevenst-t350886.html
http://money-news-online.com/forum/viewtopic.php?f=9&t=261
After you have received a payment, please go and post your withdrawal proof at least on ONE investment forum that you read.
Now when I'm back from a business trip, I'm promising you even faster withdrawals than last couple of days.
And let's enjoy summer to the fullest!
Regards,
Your admin John Smith

Unfortunately, I have to move XCelsus to Not Paying today as I haven't received any response from the admin regarding my recent withdrawal request. Usually the admin processes my payout automatically, which he claims as his gratitude for my support, but this month I haven't received my regular payout. Grateful or not, a non-paying program will be reported directly on my blog. Please do not invest there any longer.

That's all for today folks! Thanks for reading!