Thursday, January 10, 2013

NewGNI Officially Moved To Scam Status

With much disappointment, I have decided to move NewGNI to SCAM STATUS today.

Last December, we received the first warning sign when the program announced that they will be working as a "PRIVATE PROGRAM." This raised a concern on me since most of the programs who have announced that they will be going on private means that they will be restricting the cash flowing into their program. As a result, this will definitely be a time bomb waiting to set off as soon as it reaches the point wherein the program has to pay the daily profit plus the return of investments upon maturity.

The second warning sign we received from NewGNI was when they announced that they will be extending their holidays and as a result they will be delaying the pay outs until January 7. Unfortunately, this was not the case.

The final warning sign was when the program started to do selective pay outs last Monday. NewGNI only processed the small cash out requests while having the bigger ones on pending. Jurgen, the admin of the program promised to finish processing all the requests within the next 48 hours. Unfortunately, this 48 hours has already passed and not everyone has received their money.

Do take note that as of this time of writing, ONLY FEW OF US HAVE STOOD UP FOR THIS AND DECIDED TO MOVE THE PROGRAM TO SCAM. But we will stand firm in our belief and put our subscribers and investors as our priority.

Thus, TODAY I OFFICIALLY MOVE NEWGNI TO SCAM STATUS. Regardless of what the admin will say or explain from this point on, be it true or not, UNLESS he pays everyone EVERYTHING, it will remain as it is. It was a good run for the program which has a lifetime of 378 days making it a lot younger than its previous one predecessor which lasted to about 2-3 years time - GNI.


Pick Profit Moved To Problem for Selective Pay Outs

I have decided to move Pick Profit to Problem Status today due to multiple reports of selective pay out. I have been promptly paid by the program admin and a good number of monitors are still keeping it as PAYING but unfortunately, I do not tolerate such types of programs and behavior. Fact still remains that some members are not being paid.

Multiple emails have already been sent to the program admin to explain his side about the selective pay outs, but to no avail of his response. Apparently we are seeing an obvious cash flow in. Despite being enlisted among the premium programs and having good sign ups during its early days online, it also has a few number of days wherein pay outs were delayed causing a great impact to its reputation. This then ultimately led to further issues on the program.


SureInv Explains Their Investment Plan

We received an unusual newsletter from SureInv today which is an explanation of its 3 investment plans.

Having been online for 57 days now and with investors enjoying the 3.5-5% daily earnings for up to 60 business days, there are still a lot of the program’s investors confused on the 3 investment plans being offered.

Thus, Thomas Jenkins who is the admin of SureInv felt the need to send an explanation about the difference of the three. I find it uncesssary if I will be explaning these three plans since TJ has pretty much explained them in a very detailed manner.

If you are still not in SureInv, you can find the program review here and you can also read my Interview with Thomas Jenkins here in The HYIP Bulletin in this link.

SureInv is one of the very few programs who offers a very good number of payment processors which are Liberty Reserve, Perfect Money, Solid Trust Pay, Ego Pay and Pex Pay. The program has also been made available to two languages – English and Russian.

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Here is the entire posted update:
News 9. January 2013
Hello all
In todays newsletter I’d like to address a myth, that puzzled some of our clients who contacted us during the past few days, concluding that our investment plans are not thought through – or are even bizarre!
They say our 5% for 30 days plan is more profitable than our 3.5% for 60 days plan, if investing in the 30 day plan for a second term – after the expiration of the first term. This is of course not the case and I will explain to you why. So lets do the math:
First at all, we need to break down the interest rate into net profit. As you all know, the original principal is incorporated in your daily profit in all of our plans. The incorporated principal return rate is 3.333% daily for our 30 day plan, while 1.667% remains net profit. For our 60 day plan the incorporated principal return rate is 1.667% daily, while 1.833% remains net profit.
Now I will give you concrete example:
Lets assume you have $100 in your payment processor account and you are investing this $100 for 30 days with SureInv. After 30 days your payment processor balance will be $150. Right?
If you invest $100 again for a second 30 day term, your current payment processor account balance would be $50 for the time being. During the second term we pay you again $150 which is added to your payment processor account and leaves you with $200 in total.
Now, lets assume that you invest $100 into our 60 day plan: At the end of the 60 day term your payment processor account balance will be $210.
The above example shows us that the 60 day plan is indeed our most profitable plan.
In addition, lets have a look at the ever important risk factor as well. I am talking about the BEP or break-even point. The break-even point is the point at which gains equal losses, meaning that after that point you are in profit with your investment.
The break-even point for our 30 day plan is reached after 20 days, meaning that after receiving the interest on day 21 you are in profit. The break-even point for our 60 day plan is reached at 29 days, meaning that after receiving the interest on day 29 you are in profit.
On the other side, a second investment into our 30 day plan will result in just another 20 day period before reaching BEP.
I felt a necessity to explain our investment plans in detail, in order to avoid confusion among our clients while investing in any of our plans. In any case, you should be comfortable with your investment with SureInv and make your decision on what suits your investment goals best.
Thanks for reading, we are back soon with more news from SureInv.
Best regards, TJ

Petrol Gain on Scam Status

I have moved Petrol Gain to Scam Status today for having my cash outs on pending status for more than the expected processing time of 1-12 hours upon request.

It is very unfortunate that this program has ended up a lot younger than any other short term investment programs and has not really tapped the maturity of its potentials, having lasted for only 5 days.

I suspect that the admin went out of control in the spending too much funds in adding a lot of monitoring sites. This is pretty much a suicide for Petrol Gain being an already short term program since the industry is still yet to recover from the holiday and a very huge number of investors as still hibernating. As a result, the funds that is supposedly used to pay its members were depleted.

In any case, please do not invest further on the program.

Prospera Nova Moved to Problem Status

I have moved Prospera Nova today after more than 24 hours of cash out requests are in pending status. As all of you know, the warning sign which was very much obvious that the program is about to scam is when out of nowhere the program introduced a sudden change in its offered plan.

The program added a short term investment plan in an attempt to get more funds from the unsuspecting members, with having its records from a clean slate. Nevertheless, this of course will not fool the more experienced investors. True that it first paid the few ones who tried to invest of the said plan. But then, it has raised my eyebrows much more when it extended the said short term investment plan for further more days.

Considering the fact that the program is already in serious cash flow issues, this is the most obvious sign that the program is finally going for it. I believe the admin had the first "phase" a test run and when the announcement of an extension for the said short term plan and those poor investors who were so eager to do the second run dive in to the "opportunity" then the plot is all set out. This lead to not a single investor getting paid after then.

In any case, please do not invest further on Prospera Nova since it has already been moved to Problem Status. Unfortunately, I suspect that there is no hope that the program could return back to paying status.