Balticdividends runs out of steam
April 30, 2006
Balticdividends notified its members that it will be offline indefinitely. As reported, this HYIP is under investigation by the Latvian government because of scam complaints. Its funds are on hold so payout release is not possible at this time.
Since last month when Balticdividends claimed to have been under DDOS attacks, this HYIP has never recovered despite its pronouncements that it has instituted measures in response to DDOS attacks. One bad sign which could have spelled its doom is its high 5% ROI offered in haste.
Although the administrator is optimist on the re opening of this HYIP, members have conceded that this program has finally come to an end. The recent action by the administrator is perceived as an exit strategy.
[tags]Balticdividends[/tags]
Legality of Asianpay’s LYIP&S questioned
April 30, 2006
In the next 2 or 3 days, investors to Asianpay’s Low Yield Investment Program and Secure (LYIP) will start to receive their principals to be credited to their respective Asianpay account.
The initial success of this program is not spared from attacks by some Asianpay members questioning the legality of LYIP&S. However, Asianpay reiterated its stand that LYIP&S is legal since this program is exclusively offered to Asianpay members and it is not engaged in selling securities or in foreign exchange trading and stock exchanges. Asianpay’s framework is that its members loan out money to Asianpay to build its needed turn over. In exchange, Asianpay will share its business profit to members aside from returning the principal upon maturity period.
[tags]Asianpay[/tags]
Random newsbits
April 30, 2006
• The latest policy changes of Wiredsurf like the increase in ROI prove to be going in the right direction as heavy site traffic is facing Wiredsurf. Members are reportedly experiencing problem connecting to the site. Wiredsurf meanwhile assured its members of its sustained efforts in addressing current technical concerns of the program. As announced, updates on its server optimization will be made available on Monday.
• Phoenixsurf announced April 26-28 as surf holiday because of DDOS attacks which recently hit this autosurf program. Such attacks came shortly after Phoenixsurf announced its plan to scrap egold as its payment option and instead will use its own payment processor.
[tags]Woredsurf, Phoenixsurf[/tags]
Where is Vascoinvestment?
April 30, 2006
It could be game over for the HYIP Vascoinvestment . There are reports that it has stopped paying for two weeks now. The program likewise has stopped responding to its members’ emails. Right now its site is inaccessible.
Vascoinvestment, which earlier weathered technical problems, is reportedly operating in UK. However, there are reports that this HYIP is illegally operating since it is not FSA registered. FSA registration is a requirement in UK that must be complied with by those offering investment and financial services.
Without any official word yet from the administrator, you know where this HYIP is headed to.
[tags]VascoInvestment[/tags]
Concerns on Pointsharextreme clarified
April 28, 2006
One of the HYIPNetwork staffs had a chat with Henry James, the administrator of Pointsharextreme formerly Pointsharegold. This chat opportunity paved the way for the administrator to clarify the following concerns on Pointsharextreme:
Mysterious disappearance of Pointsharegold domain name
According to the administrator, the original web host of Pointsharextreme suspended
the domain name www.pointsharegold.com without any apparent reason. Left with no recourse, the adminstrator had to change its domain name to www.poinsharextreme.com. The suspension notice can even be noted in the WHOIS profile of Pointsharegold’s original domain name.
Alleged “ghost” debit card deliveries
The administrator himself confirmed the actual delivery of debit cards to Poinsharextreme members. In fact, he emphasized that a number of these cards have already been activated.
The speculation that these are ghost deliveries is a smear campaign as underscored by the administrator.
The common DDOS attack alibi
The case of DDOS attacks to Pointsharextreme is not an escape goat as stressed by the administrator. The justification is the change of web host provider by Pointsharextreme. According to the administrator, the original web host gave up the account of Pointsharextreme because of its inability to address the DDOS attack problem. The site of Pointsharextreme is now being hosted by a new web host provider.
Mounting payment issue
The administrator clarified that the program intends to stay long. Pointsharextreme has lined up related projects for Pointsharextreme for its sustainability. As emphasized, any payment related issues should be posted in its forum for appropriate action by concerned staff of Pointsharextreme.
The mysterious address change
As explained by the administrator, the new address of Pointsharextreme found on its site is the address of its affiliate company Compumatrix and Networks Interactive. As reported, this is wher e Pointsharextreme pours its investments now based in the heart of the business center of the Philippines.
[tags]Pointsharegold, Pointshareextreme[/tags]
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