07/22/2010 HYIP updates!
July 22nd, 2010Hey there folks! I hope you are all enjoying your summers and if you have kids (as I will soon 
) I hope you are getting to spend some quality time with them as they are off of school. Well the first sign of life in the industry came my way as I join 3 (yes 3) new programs today! I’m hoping that the increased activity is due to the fact that we are mid summer and should be moving towards the back end of what has certainly been a tough time for all concerned with HYIP’s.
In any case I’d like to give you a brief introduction to the 3 sites that I joined today. The first is literally brand new and was started only 2 days ago. I’m speaking of World Private Fund which seems to be a relatively well made site. The plans seem to be well thought out and are as follows: 0.9% for 10 days, 1.4% for 60 days, 1.8% for 90 days and 2.2% for 120 days all returning your principal at the end of your term.
Interest payments are made on business days only. In addition as you go up higher in daily roi we do see a slightly elevated deposit minimum so keep that in mind as well. Other than that it has a decent design with a Gold Coders script. Hopefully we will see a good run from World Profit Fund.
The second program that I joined today certainly isn’t a new one but its one that has had some very decent success over the last few months. Oil Structure is fairly popular and rightly so due to their longevity and a pretty unique structure. Basically the way that oil structure works is that you earn a greater percentage per day the longer you allow your deposit to mature. So here is the break down on how the plans work: 0-25 days is 2%, 26-75 days is 2.1%, 76-150 days is 2.2%, 151-300 days is 2.3% and 300+ is 2.4%. This is clearly one of the better programs out today so should be worth your time to take a look.
Finally wrapping up the list today is a program that was started a few weeks back called Seat Ronacs. Aside from a funny name its also a decent looking site. All of the plans are medium term and all last 30 days. The interest ascends as your deposit increases. Here are the plans:
The Pool Plan $10.00 - $500 1.00% Daily Profit 30 Business Days
The Venture Plan$501 - $2.500 1.20% Daily Profit 30 Business Days
The Fund Plan $2.501 - $5.000 1.40% Daily Profit 30 Business Days
The Expert Plan $5.001 - $15.000 1.60% Daily Profit 30 Business Days
The VIP Plan $15.001 - N/A 1.80% Daily Profit 30 Business Days
So that just about wraps up the update for today. I just figured I should pop in here and at least get to a few updates. I’ll keep my ear to the ground and be sure to bring you any news stories that are released over the next few days.
07/18/2010 Final Earn Review
July 19th, 2010
Hi there folks, Well we are still in the thick of it and I really don’t want to sound redundant with constantly explaining where the industry is at so I wont Suffice it to say we are cruising right along and things shouldn’t be too far from picking up once we get into the coming months.
Of course for those of you that like a good gamble you shouldn’t be too terribly deterred due to the fact that there are new HYIP’s popping up each and every day. But play with caution and keep the farm money where it belongs.
So today we’ve got a fair program to look at that could have a decent run at it. The admin has certainly come out of the gate firing on all cylinders. In fact the admin of Final Earn is on a very large advertising campaign. Is it going to be enough to keep his program afloat during these tough times? Well I’m not sure I can answer that for you. So why don’t we get into the review and you can decide for yourself.
Final Earn is a high roi game that gives you a choice of two plans. The first plan pays 115% after 3 days with payment on expiry. With this plan you have the option of depositing anywhere from 4$ up to 50k. With this plan your principal amount is included in your final payout giving you a total pure profit of 15% after the 3 day term is up. Clearly this is going to be the most popular plan and the first set of cashouts from this plan have already been paid.
The second plan pays you 140% after 7 days and again pays you upon expiry. With this plan the deposit minimum is slightly raised to 10$ and the maximum still sits at an enormous 50k. Again your initial deposit amount is included in your final payout giving you a total pure profit of 40% after 7 days. Of course as you can plainly see you are looking at an increased risk if you decide to deposit into this plan. But as usual with increased risk comes increased rewards.
The selection of payment processors at Final Earn is certainly on point with AP,SP,STP,LR and Pm all being options. The admin speaks of allowing people who want to deposit 50k to send a bank wire but I just cant bring myself to imagining that anyone will be doing that. Could you?
The referral commission offered is the industry standard 5% which should be just fine for a site with an ROI this high. The script being used is a licensed Gold Coders and Final Earn is being hosted on a Ddos Wiz Server.
The fact is that it’s your run of the mill HYIP. No huge bells and whistles here. The design is fair but nothing extraordinary. Of course if it gets some support it could have a decent run but that’s something that only Ms. Cleo could tell at this point. Of course we see the usual chatter of trading etc.. but you know to just disregard stuff like that at this point. The admin certainly seems to be going at it with gusto though and who knows, maybe the deep pockets will be just the thing needed to get Final Earn rolling!
07/17/2010 Interview with the admin of Funds-O-Matic!
July 17th, 2010Hi there folks! Well we have a pretty special interview today for you and its with Randy who is the administrator of Funds-O-Matic. Funds-O-Matic has risen to be clearly one of the best HYIP’s on the market today. I wont bore you with a whole bunch of fluff so lets get right into interview.
1. Thanks for allowing us to interview you Randy! Can you please tell us about yourself and your past history with HYIP’s?
Well as you know my name is Randy. I have been involved in hyips / surfs for several years but only an admin for the past 2 years. Funds-O-Matic is my second program and i am in great spirits that we will have just as much if not more success as our first program.
2. Would you mind telling us a bit about Surf-O-Matic, your old program, and how things unfolded there?
Surf-O-Matic was my first program as an admin. I started it 2 years ago with the thought of giving members what i wanted form a site. Surf O Matic had its highs and lows and in the end was very profitable for everyone involved. When i Closed Surf-O-Matic, It was only due to the entire surf industry being dead so to speak. My Members wanted me to continue so thus we decided to do so as a hyip. The most important thing to remember is that Funds-O-Matic did not start before my prior site closed and EVERY one earned full profits prior to the start of Funds-O-Matic. In Fact there was funds left over after Surf-O-Matic closed to start our system now.3. What type of security features are you using with Funds O Matic (Script, hosting, SSL)?
Funds-O-Matic has dedicated hosting combined with the most secure script from neversay. As well as offering the SSL option for members who feel more comfortable to use it.4. What plans do you offer? How did you come up with these plans?
I offer a Daily and a Weekly Plan. The Daily plan last for 200 days with returns from .8% to 1.7% based off your risk level chosen. The Daily Plan last for 200 days and includes your principle in the returns. The weekly Plan last for 26 weeks and the returns are just a little higher then the daily plans from 7-14% weekly again depending on your risk level. Both plans start with a minimum spend of $5.00.
The plans were tried and tested with Surf-O-Matic and proved to be easily achieved with the methods i use to generate income, methods in which i have proven to be able to ensure everyone was paid.
5. You claim an outside income on Funds O Matic. How do you generate the ROI that you pay?
Income has been derived from several different venues. Some of which is short term and very high risk and some that is low term and risk is minimal. Like many 401K programs the portfolio is very diverse and to get into too much details would only cause confusion. I can tell you that I work with a couple financial advisers who have proven they can handle meet and exceed the returns I offer.
6. Are you pleased so far with the type of support that you are receiving?
I am exuberant with the support so far. at the end of my prior program I had about 4500+/- members, and a good bit of them continued to come over and continue, as well as seeing many new names. I have no doubt that with this support we will have an extraordinary site this year.
7. What are the best ways for members to contact you? What are your hours for live support?
The best way to contact me is always the support form. I do have some help to answer those mails. Live Support is linked to my yahoo account but gives members and visitors the chance to chat with out needing yahoo. I am on live support at different times of day to give all members the chance to find me on line.8. What would you tell a potential investor who is considering investing with Funds O Matic?
I would tell them that they are in good hands. I would tell them don’t take my word for it. I would tell them to read the reviews and the interviews and forums and look at my prior program. I would tell them that I am not the normal admin they may be used to which in my opinion is a good thing.
9. What is your opinion on the HYIP industry right now? Why did you choose to launch during summer which is notoriously the slowest time of the year?
Right now i think the industry is in dire need of assistance. Even though it is summer and is normally the slowest time of year, is not so important to me. I would rather have a slow steady start then to be to big too fast. By the end of summer members considering us will be back from vacation and will be able to see that i am in fact true to my word.
10. What, in your opinion, are HYIP investors looking for in a program? Can you provide them this?
I believe that members are looking for a program that they know will be there when they wake up, that will pay them and that they can feel good about telling others about, and YES I do feel i can provide this to them. I have done it for 2 years now and with Funds-O-Matic starting out in a more financial situation then my prior site, there is no doubt i can give them what they need.
11. Can you share the statistics to date with us? Amount of members, Deposits, Withdrawals etc..
Stats is something that i have learned form over the past years of being an admin and even longer are not always good to be made public. No matter what is told you will hear that it is wrong or bad, either too much too fast or not enough. When the fact of the matter is that It is not the stats of the program that will determine my ability as an administrator. For the last few months I had managed Surf-O-Matic payments with out accepting new members or new deposits. From time to time over the past 2 years of that program I would even disable upgrades to ensure the investments would be appropriate.
12. In conclusion is there anything that you would like to say to the readers of the Extremesurfs Blog?
I would like to close the interview by thanking you for the time to review and publish information about me. I would like to say to your readers that even though funds-o-matic is a new “site” it is a continuation of a successful long term program. I would like to advise them to check out the old forum threads and see exactly what members feel about me and my prior program. Funds-O-Matic is in fact the best option for a summer program as i have no doubt that by the end of summer when your ready to be back in programs full swing you will have no worries that we are still here.
In other news:
I added two new programs to my monitor over the last couple of days. The first is a high roi program called Final Earn. To be honest this admin has got one of the biggest advertising campaigns going that I’ve seen in a long time. In any case Final Earn pays 115% after 3 days and 140% after 7 days. These are certainly some popular plans and the question is now is the industry still in the mood for high roi programs such as this?
Well I think the answer is a resounding yes surprisingly seeing as Final Earn has clearly started to make its mark on HYIP players. I’ll get the review of Final Earn done on Monday for you.
The next program that I joined would also be classified as a high roi one but surprisingly it only takes Alertpay. How often do you see that huh? In fact its so exclusive to this processor that the admin named the program after it. Alert funds seems to be doing quite well for themselves also with what appears to be 46 days of clean payment history behind them and still counting.
I will say that the site itself and the design certainly leave somethings to be desired but if you can get past that then you might find a really appealing program underneath. Alert Funds pays 110% after 5 days, 116% after 8 days, 125% after 10 days and 2% daily for 100 days. So quite clearly there is something for everyone.
Now, as with all HYIPs this time of year we never know what lurks around the corner so remain cautious and if you do decide to play I would suggest using Alertpay just in case.
Take care and I’ll see you guys back here on Monday.
07/14/2010 The Official Strictpay Update!
July 14th, 2010Hello everyone! As promised we have been provided with the update from Strictpay in regards to their banking situation. As many of you are already aware Strictpay has been having some banking issues as will be outlined in the below E-mail.
I’ve been personally dealing with Strictpay since 2008 ever since I did a live Videocast interview with them for a forum that I was admin of and I can tell you that since that time my option on James and Mike has always remained one of respect.
That being said I know that this situation effects many people negatively including myself and I’ll of course leave the decision to each of you to decide on your own as to whether or not you will continue to use Strictpay. All I can give you is my opinion and that is that we are dealing with a processor that is trying to make right that which has unfortunately gone wrong. So with fingers crossed here is the email from Mike:
StrictPay Customers
We have spent numerous months trying to battle this situation with the banks and authorities that are holding the majority of our funds, as well as trying to keep StrictPay in business by making the changes outlined in the email update sent on 5-29-10. The problem now is that we are not making any progress on the situation with those two entities, and we have received more news from our legal team. They feel that with the latest developments with the frozen funds, that we
are very likely looking at this issue not being resolved for at least 12 months as a best case scenario, and possibly up to 24 months as a worst case scenario. We still cannot speak of any specifics, other
than to say (as we stated earlier) that two of the major merchants that accepted StrictPay as a payment option were being heavily investigated by the authorities, and we were pulled into that
investigation as well due to them accepting us as a payment option, and even more so because all three of us had accounts with the same bank.
Due to the frequency and volume of their requests, one of them found out which bank we were using and specifically got an account at that same bank in order to get funds transfers more quickly, as well as to save them some bank fees. Only a select few customers knew the location of our main bank containing the majority of our funds, and that will never happen again. This is also why we have always sent and received funds from banks other than the ones that hold the majority of our funds.
We know it is frustrating for everyone, but we need to do what is right for our company, and that means that we cannot give any other detail on this legal matter. We want to stress again that there is not an issue with StrictPay being involved with these two merchants, but it is almost as simple as us having the majority of our funds in the wrong bank at the wrong time.
It is important to note that we had a similar situation happen to us quite some time ago with Stanford Bank, and we recovered from that without any issues that involved our customers or the time we took to process transactions for you all. As a matter of fact, we still have not had a single penny returned to us from that situation, but we kept being able to serve our customers none the less. It is also important to note that our owners have recently added just over $100,000 of
their own funds to help us try to continue to process as many of the withdraw requests as we could these last few weeks. They did this even though we have not had much support since the original update was sent on 5-29-10, and the situation looked like it was going to get worse.
We understand that we are very behind on many withdraw requests, but we have used this entire 100k with virtually nobody reporting to the various outlets that we have indeed paid them. 70k of this money was used for processing bank wire withdraw requests, including some to exchanger services in hopes that they would continue to work with us, 20k was used to process debit card withdraw requests, and 10k was used to process check by mail withdraw requests. We have not gotten very many deposits, and we have even held off on processing ACH deposit requests until now when we received a better update concerning the situation.
We would hope this shows that we are not just trying to get new funds so we can run, as seems to be one of the widely reported rumors circulating. That being said, we will need new funds to support us in the future, as we will outline below, but this is not in order to accumulate funds for ourselves, but rather to help all of our customers recover their own funds more quickly.
With this latest news of the possible best and worst case time frames it is likely to take to resolve this issue, we are only left with two choices to keep StrictPay in business. Those two choices are:
1. We put StrictPay on hold until this issue with the frozen funds gets resolved. This is going to take somewhere between 12 and 24 months to resolve, and during that time our customers would not be
able to get any of their funds out of their accounts. This would mean that there is essentially no more StrictPay activity until this situation is resolved, and we feel that this option does not help
anyone in the short term.
2. We keep StrictPay in business and activity continues, including the customer support, transaction processing times, etc. that you all have commended us on in the past before this current situation caused us to fall behind. We do this by creating one sub account for every current StrictPay account, and start each sub account with a zero balance. We allow all current accounts to work as they are now, and all people that make deposits, or receive funds transfers, from this
new sub account to another new sub account, will have their funds go only into their new sub account.
Each customer’s older accounts with their current balances can still be used to send and receive funds if they wish, but the balances on those old accounts cannot be used to withdraw funds. We think this is very important as it allows customers and merchants to use these accounts freely again, and you will eventually get these funds moved to the sub account that can be
withdrawn out as we will explain below. We have been told that many merchants are not taking StrictPay because they feel they are stuck with “dead funds”, but with the system we will explain below this will not be the case. The new system is a great way to build and work with your current account, and over time those funds will get moved to your new sub account that can have funds withdrawn from it.
To continue with number two above, here is how the new system will be implemented. Any withdraw request from a current account will be refunded back into that account. New customer sub accounts will be the same StrictPay account number but with a “-1″ after them, so customers and merchants alike will know exactly what customer account sent the funds (either a sub account which can have withdraws, or the older StrictPay accounts that cannot have withdraws). Sub accounts with the “-1″ will only be able to send and receive funds to/from other sub accounts, and older accounts will only be able to send and receive funds to/from other older accounts without the “-1″.
With this new system in place, if customers begin to use our services again as they have done for well over 2 years, we will then start to take no less than 0.75% of the 2% Send Funds fee every few weeks and credit that amount to the sub accounts of every customer. This same credited amount will also be taken out of the older account, and thus customers will be able to again begin to gradually see their funds move from the older accounts that do not allow withdraws, to the newer sub accounts that will allow withdraw requests.
We obviously feel that number two is the better of the two choices. Now it is very important to realize that this will only work if people use our services like they did before. We would hope that will be an easy choice for people to do, as this will help everyone eventually receive all their funds, as well as the fact that our superior customer service was what made us as big as we are now. StrictPay in fact started many of the trends you see in the payment processor industry today, such as the live chat support option, and shorter stated customer service reply time frames that were actually met. We have always been proud of the fact that we were heralded as having the
best customer service in the industry, and this will continue after these new changes are implemented. We are sure that some will say they would not use us again, even with the implementation of these new changes, and to those people we would ask “Why?” Before this
happened, StrictPay was a top option for many customers and merchants, and if we truly wanted to just fold up shop and disappear without trying to help our customers, we would have done so before dumping over 100k of our own money into trying to keep this afloat.
We also will continue to use what is universally considered the best DDOS protection company, one that is not even connected to this industry, and we would not continue to pay for this service if we wanted to just close up shop.
Implementing these changes also allows us to offer better withdraw limits for our customers. We will still leave the “real time” withdraw request time frames in place so you can see how long requests are currently taking to process, but keep in mind that it will take the first few days of withdraw requests being entered into the system to really become accurate. Here are the new withdraw request maximum limits:
Wire withdraws: $100 minimum and $7,500 maximum Debit card withdraws: $10 minimum and $1,000 maximum Check by mail withdraws (available to U.S. customers only): $10 minimum and $2,000 maximum Please keep in mind that we still have the following options available for depositing funds, and all options will be “no fee” options until further notice: ACH (for U.S. customers only), bank wire, and personal check, money order, or cashier check by mail.
StrictPay continuing to do business should also be welcome news to one of the bigger merchants (and their customers) that were using our services until they had to put things on hold for sometime. There is word that they are about to begin processing refunds to their customers, and once they make a deposit into their new sub account, they will then be able to start refunding StrictPay customers as well. This in turn will provide us with fees from the transfers that we will use to help to move funds from the old StrictPay accounts to the newer sub accounts that you can withdraw from.
The bottom line is this: If people use our services by depositing funds into their new sub accounts (which can also be withdrawn from at any time), and use us as one of their main payment processor options again as they always have, then we will recover from this. Eventually
then ALL customers will get their full balances moved to their new sub account over time, and things will be back to normal more quickly than if everyone had to wait up to 24 months in hopes that we recover all of our funds. Lawyer fees will not allow us to get the entire amount back, but we do not foresee anything else cutting into that recovery amount. We all have a lot to lose if people choose not to continue to use StrictPay as a payment option, but we can all only gain if everyone uses StrictPay as they always have in the past.
We would like to leave you with this one last question: What do you have to lose by using StrictPay again, knowing that we have always been there in the past for our customers without issue? If you still have a need for an online payment processor, then why not choose to use StrictPay as you always have.
As always, we appreciate you choosing StrictPay as a payment option, and we shall see over the next few months if everyone will actually help us get back to a sense of normalcy using this new system.
Thank you
Team StrictPay
www.strictpay.com
07/13/2010 Acke World Review!
July 13th, 2010Hey there folks! well the silence from the Extremesurfs blog is not without good reason. The fact is its just slow as molasses out there at the moment. Aside from Funds-O-Matic there have been very few good programs launching. I will say though that its probably a prime time for a new leader to emerge for simple fact that things are so dry. But don’t despair because as I’ve been saying you can bet that things will pick up again in late August or early
September.
Today we do have a pretty neat review to bring you though and it may be a slight change of pace for many of you HYIP investors who are used to high roi games. In fact I’m not even sure I’d classify Acke World as being low ROI. Maybe realistic ROI is more the proper word. In any case Acke World is the program that we are going to look
at today and while the website is quite impressive lets see if it has the goods necessary to hold the attention of the HYIP crowd who is admittedly an A.D.D. bunch of folks (that was a joke, please refrain from sending any hate mail) :p
So lets start with the plans which as stated earlier are probably best called a realistic ROI. The only plan is the daily plan which pays .2% daily for life. You also have the option from what I can tell to redeem your principal at any time. Now keep in mind that there are some fees associated with many functions on the Acke World site so please be sure of what you are doing prior to doing so.
The minimum investment is only one dollar and in addition to signing up and depositing the company will give you a 100$ bonus simply for doing so. Now, normally I’d scoff at something like a 100$ bonus as a ploy to scam but for managed accounts and even from Forex brokers this type of action is really status quo and should be taken advantage of.
As far as Acke World being legal there is talk of it being registered in Belize as I’m assuming an IBC. Belize is well known for their privacy regarding financial companies especially so as long as this all checks out then it should be sufficient. You may recall that Belize is one territory that is quick to call out any companies who aren’t really registered there but are claiming to be. We saw warnings issued for Gold Nugget Invest as well as a few others in the past that you may remember.
In any case though with the quality of the Acke world site combined with the realistic ROI I do get the feeling that things will go smoothly for them. As far as deposit options are concerned they offer Alertpay, Liberty Reserve, Perfect Money and Solid Trust Pay. As it stands I don’t know of any brokers that accept STP as a deposit option but that doesn’t mean that they don’t exist.
The affiliate program offered by Acke World is very extensive and in keeping with low roi sites has a bit of an MLM feel to it. So while the basic ROI is low the referral commission is relatively high for those who wish to participate. There are a lot of ins and outs and for the sake of the article there is to much to mention. Suffice it to say that you have the ability to earn a maximum of 20% from your down line over 5 levels.
As was mentioned before the Acke World website claims to operate managed Forex accounts. As such there is a 7 day contract cancellation period which is added to each deposit made. What this means is that after making a deposit they will hold the funds and give you the option of canceling before they deposit the money into the actual trading accounts. Again this is just in keeping with the status quo of a real company I would imagine.
There are many ways to contact the company should you wish to including live chat, phone support and tickets. Phone support is open 8:00AM(GMT+3:00) - 5:00PM(GMT+3:00) from Monday to Friday and offers phone numbers in 9 different countries. So should you have any questions or wish to contact them and grill them a bit before depositing I would imagine you can do so.
OK so here is my take on it. The site certainly seems legitimate but with the HYIP world you never really do know. My suggestion is to actually make significant contact with the Acke World staff and be convinced to your satisfaction if they are the real deal or not. I cant speculate either way personally and I wouldnt even want to try. Of course if you do call them please be sure to let me know how the conversation went and your feelings about the company afterward.
I’ll be sure to start checking back in more often as things start to pick up over the next few weeks.
In other news:
I’ve been getting asked by everyone and their brother about the Strictpay situation. I wish I had the info to provide you but I simply don’t. I was asked by Mike if I would post his update on the blog and I’m happy to do so. But as of yet I haven’t received anything from him so as soon as I have something I’ll be sure to post it right away. Trust me I’m just as eager as you guys are to hear some good news due to the fact that I have money stuck in Strictpay also right now.
UPDATE: After posting the above I got an email from Mike about an hour later clarifying some things. The reason apparently that they are using some blogs to get the word out is because they want folks to get the message faster and don’t want older members to get priority over newer members. Mike said that it takes an entire day to send an email to the membership base and so this was their reason for doing it. Let me reiterate that Iam in no way affiliated with Strictpay and am simply doing this as a favor to them as I do feel that they are honest people and I’d like to help them if possible. Mike did include with the above information a small update which you can see posted below:
Thank you
Team StrictPay
www.strictpay.com
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