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    • Megainvforum Due Diligence 2
      Saturday, July 29, 2006
      Well, I decided to wrap up my research on Megainvforum and maybe a little bit on their trading but I can't go into that much since Jose's trading style is he doesn't trade the major currencies pairs but that is what most traders do. Major currency pairs would be more volatile and have more volumes, thus is one were to take advantage of the fluctuations, there would be great profit.Well, to each his own...

      Here we are going to look at his past trading performances which is available via the northfinance metatrader platform for investor's view so actually there's no harm or any hacking can be done to his account. To quote from the hyipdiscussion thread which he posted:
      "
      From today on, the access to our TRADING account will be free and permanent to members and visitors. You will be able to follow in real time the account evolution day after day! Our program will work in a managed account style, however with a minimum investment very reduced!

      Download the trading platform here: http://www.northfinance.com/files/Me...r/mt4setup.exe
      Login: 17497
      Password: mega 00
      Server: NorthFinance-Real

      Thank you all,
      Jose Gomes Jr.
      "
      And a guaranttee that says his account would not be hacked for those not sure:

      " Hello opie999,
      This is an investor password. No orders can be placed using this paswword, you can only check the account. "

      Okay his trade past records shown on northfinance mt4:
      Free Image Hosting at www.ImageShack.us
      This is his very recent open trades(positions are not closed yet!):

      Free Image Hosting at www.ImageShack.us


      The high transparency of this program Megainvforum should really make everyone convinced that your money is put to trade and not going to be scammed. I mean if he can show it so openly to others it means the legitimacy of his program is without a doubt and he has confidence about his trade. So my advice is go for it! But you may want to check out the performance first. That's all about it. End of DD.
      posted by Lazyman @ 12:32 PM   19 comments
      Programs updates
      Tuesday, July 25, 2006
      ***MANDATORY*** Please change the email address you use for the forum to one of your email addresses that you use for UF or UI. If emails do not match up, you will be deleted from the forum.
      07-23-2006 Thumper (Administrator)

      Oh this is what you see when you logon to udachufundforum. Not sure if it is alright to post here but anyway they have already shut their doors to new investors. I am sorry for those who join under me and yet did not fund their account. This is quite sudden but anyway the announcement from the forum:

      "
      Hello Udachu Fund and Udachu Invest members. It brings me great pleasure to announce that our liquidity and diversification have put us in the position to close the funds to new members. We no longer require new investors in order to satisfy the financial needs required for a stable investment club. Our hard work has enabled us to realize our goals in a minimal amount of time. We understand that this may bring about questions as to the future of Udachu. We can only say at this time that we are looking forward to a long and profitable future with our current members. As of this posting no new members will be accepted. The fund managers will be undergoing changes for the next few days. We will keep the members updated as information is available. I would like to congratulate all of you that have joined us. Here is to a prosperous future...

      Udachu
      "

      For those who are in UI or UF, great for you. I am in UI at least am glad about it. This means the program would have more stability. There's no point in taking in too many members and good programs should have cut-off so I am totally okay with this. So they are going private...

      I have another private program(PP01) which I find it worthwhile to join and a lot of you readers have requested for the information via email.It closes on 31st July so do not miss out the chance! Seems like yet another program closing its door.

      Oh wait for those who had an account before you can still be in udachuinvest:
      "
      Here is the deal, we need to make some changes to the UI site to accomodate the recent changes, If you cannot log in and you had no money in your account send a email to john at admin-ui@safe-mail.net with your username password real name and email address,,we will reactivate your account and you will have till the 5th to fund ....
      PLEASE do not send them to me.
      We will have it all sorted by the end of the week ,so send them quick so we dont drag this out.
      "
      posted by Lazyman @ 5:54 PM   0 comments
      Ibizatraders update
      Okay this is what I receive on my email:
      "
      We know there has been much talk over the weeks about our proof of
      trading. We have been talking to 10 reputable Due Diligence sources. We
      have decided to let Bluemax ( the Moderator from
      http://forum-navigator.com/forum/showtopic.php?id=956&page=1 ) also we
      will let Tony Clifton who has done a indepth DD on us. Please look
      here( http://hywd.info/node/494) We have had many curious people asking to
      have a look in trading account and feel that these two are the most
      reputable that have asked. Here at Ibiza Traders we want everyone to feel
      comfortable making investments with us. Once our trading starts under
      Ibiza Traders we will give them full access to our trading account to do
      the indepth analogy.

      All new members who have joined Ibiza Traders, In order to join the
      forum you have to register again. Your info and usernames that you gave
      for the website are only for the website. We get many emails and
      questions to obvious answers that are in the FAQ. We understand that there is
      alot to consume on the site but please read the entire site. It will
      help you understand exactly what Ibiza Traders is about.


      Please everyone remember that today is the last day to invest for this
      August 1st trading month. All deposits made tomorrow will not go into
      trading until September 1st. Everyone still has 6.5 hours to invest.


      We look forward to Bluemax and Tony Cliftons response and
      Investigations of our Proof of Trading!


      Kind Regards

      Peter Ris

      Director"

      I haven't done any real DD on this but have seen positive comments from Tony Cliftons.
      posted by Lazyman @ 5:41 PM   15 comments
      Megainvforum Due Diligence
      Monday, July 24, 2006
      This is new to come into the scene but seems like it has been well received. To register go to http://www.megainvforum.net/ .

      To quote from the forum,"Deposits can only be made via E-Gold. The minimum deposit for a new member is $100. You can deposit any amount after the initial deposit. You will start to earn profits on the following month after deposits or aditional deposits. The last day to deposit to receive profits on the following month is the 25th day of each month."

      "
      Returns will be posted on the last day of every month. A report will be generated and and posted in this forums. The administration fee wil be 20% of profits each month. Another 10% of the monthly return will be put into a reserve fund (this reserve will be traded). No administrative fees will be deducted if there are no returns for the month."

      "The withdrawal request must be made within the first 3 days of the month for payment the 4th to the 7th of the month. You can withdraw the profit of the previous month without a fee."

      "
      A 20% admin fee will be assessed to all withdrawals. This fee will be reduced to 10% after 90 days. The reserve fee will always be 10%. A balance of $100 must be maintained in the account at all times. However, a member can withdraw the entire balance at any time if he or she wishes. Remember that there is a fee of 10% to 20% when all or part of the principal is withdrawn."

      Best part of all, you can actually have access to their trading account for one week. Here are the details:

      Login: 17497
      Password: one week
      Server: NorthFinance-Real
      You can download the platform here: http://www.northfinance.com/files/MetaTrader/mt4setup.exe

      "
      Our monthly goal in terms of returns are 5% to 20% monthly(trading forex only). "


      Okay sounds to me quite reasonable but even then we still need to look at some DD. Jude from nobs blog has made an interview here:
      http://hyipblog.nobshyip.net/2006/07/14/interview-with-jose-gomes-megainvforum/

      Okay so how this work is that you will do everything on email just like NSFG some of you who are in it should know. They have also updated their statements and results:

      "
      June, 1st = $12,000.00
      June, 30 = $13,312.87

      Profits = $1,312.87

      Performance = 10.94%
      Performance - Fees = 7.66%

      Admin fees = $0.00 (donated to reserves)

      Reserves = $363.84
      Total reserves = $393.86

      Members profit = $919.01

      Withdrawals = $0.00

      Reinvestments = $919.01

      New deposits = $15.100.00

      Members amount at July 1st = $28.019,01
      Amount traded at July 1st = $28,412.87 "

      http://www.megainvforum.net/2006/june.htm

      Well, 7.66% is not impressive to me and I am wondering if a lot of people join megainv they would probably have a lot of work to do. But then again program like NSFG which is very transparent (private) did not do well hitting low % in the past months. However, I shall monitor this program. If too many people are joining this program it may head to private. For now I am happy with programs like udachuinvest which promises double digits monthly and FX-experts is doing well with weekly compounding.

      From Jude's interview, it seems that Marcos the admin of FX-expert is helping up with the admin of megainv which may add more credibility to this program.Also DD documents are given to Jude. Looks like there is not much of scam going on here so it is the performance of this program that would determine whether we will really want to join. Seems like he will only close the door to members when 2 or 3 millions are traded.

      A very good DD of megainv forum can be found on:
      http://www.etalkmoney.com/investment-programs/investment-due-dilligence/megainvforum-interview-and-due-diligence/

      Overall, I am impressed with this program and can say it is REAL investment program but I would want to look at performance in trading for first few months.
      That's all for the day. Hope you find these infomation useful.
      posted by Lazyman @ 10:32 AM   0 comments
      Future direction of this blog
      Sunday, July 23, 2006
      Well, if you have noticed i have removed a lot of programs on my blog. I do not want to earn referral commissions for crap programs and now I will only list those programs with genuine investing opportunities for anyone who comes across my blog. If you notice a lot of other blogs have autosurfs, hyips(fly by days...) suits you if you want to follow them. I AM LAZY. I do not want to do surfing no more crap hyips which doesn't last. I want to set the record straight.

      If you stumble upon this blog, good luck to you you may have open yourself to more genuine opportunities to put your money online. And if you notice I do not have much programs which give me referral commissions because I do not care a shit about it. This is where I will post my research on high quality programs. Yes, you may complain that $50 min for some of the programs is a bit high but based on my experience these are the programs that pays. Treat this as a part time income if you want because you have to start from small just like what I did. You may want to venture into forex, futures or stocks if you truly want financial freedom.

      Okay having said all of the above, I am in Joyfund through Feederfund sad to say is closed to public at the moment.Joyfund basically deals with commodities trading and the trader's accounted was audited by several people(Rabbit, Paranoid, BlueMax).
      Okay, you can find some info from rabbit's blog and HansG's paranoid investing site. I have included all these quality links so that you can refer to them. But I think Joyfund is too costly to join and that's the reason why I join it through Feederfund. All my programs are less than or about 20% per month but with these kind of returns they are stable programs. Do not go after programs which promises like 150% in 10 days unless you are a pro. I feel that there is no need since I am lazy to do my research on fly by days hyips or even fly by nights. And to have peaceful nights ahead, I think you have 90% chance of withdrawing in profits for my recommended programs for months and months to come. More information on Joyfund can be found on the link on the left sidebar of this site. 1unit now costs about $483.23.
      Ahem, min investment is 6units. Do the calculation.... Heard it is going to rise more. But the trader has so far been impressive with his results earning an average of 28% per month which is why it has caught the attention of FF so people like me would scramble to invest. Okay, for those who have a lot of money go for it. If not there are always program like FX-experts udachuinvest around... :)

      And I forgot to mention for those interested in PP01, do email me fast because it is closing on 31st july. It is a great program from what I see. Good day to all!
      posted by Lazyman @ 10:41 PM   1 comments
      Got paid from alpsfinance
      Friday, July 21, 2006
      Here's the screenshot:


      Image Hosted by ImageShack.us
      Well, guess what I've been paid by alpsfinance and I am going in for the second round. Do join me on the ride! But it is a game so play with caution. Should be in for this last cycle only.
      posted by Lazyman @ 6:22 PM   0 comments
      Ibiza traders
      Thursday, July 20, 2006
      This is a new program which I may venture into. You can read all about it on High yield weekly digest. The link is: http://hywd.info/node/494

      Seems to me that new hyips which are coming up are better and mostly related to trading but also more reliable. The good thing about ibiza traders is they provide due diligence information and anybody can check it out and their trading account has not been audited yet by any senior bloggers out there but the admin agrees to it so we might have some good stuff coming up!
      posted by Lazyman @ 10:32 PM   0 comments
      Egold Phishing
      Wednesday, July 19, 2006
      How many times are phishers going to scam people. Damn it I really hate it but I must warn all readers of this egold phishing email which I found in my email:
      "
      Hi,

      Yesterday I checked my E-Gold account and was really amazed to find about 200 gold ounces (100,177.90 USD) there. I have never had such a big amount of money available (the last balance of my account was only 177.90 USD) and I have no even a slightest idea about the origin of the money. Upon receiving the requested history of records I realized that the transfer had been made 2 hours before, and the Memo field contained your e-mail address (email address removed). In a short run, while I was making the inquiries, the money and MY own savings of 177 USD disappeared. I changed my password immediately and now intend to clarify the situation and to investigate the people, who involved me in the unfair play. Fortunately I managed to save a screenshot copy, enclosed to my letter. Hope for your assistance in this matter.

      I feel a little bit scared and still hesitate to apply to E-gold support service.

      Best regards,
      John Gavery.
      "
      Do not bother about this email, it is just out to get your egold acct details....
      posted by Lazyman @ 4:09 PM   0 comments
      Program updates
      Wednesday, July 12, 2006
      Udachuinvest:
      Netted 13% profit in month of June. I like that for a long and stable program.
      Fund using egold and withdraw using bluebanking debit card.

      FX-experts:
      About 12% per month which is fair and good reviews everywhere on this program. Definitely worth it. 5% referral commission. If you want to withdraw prinicipal amount 10% charge.
      Image Hosted by ImageShack.us

      FF(PSHI):
      I am sorry readers may not get to go into this private investment probably not so soon in the future. This has been around since 2003 and is still solid as ever. 12.5% profit for one of the investment program(PSHI) I am in. The advantage is you just need to put $50 into FF instead of $2500 minimum if you want to get into PSHI directly. FF stands for Feederfund.

      NSFG: Finally this real opportunity is starting to rock with 3.63% profit in the month of June. They only traded during last week of June. Again, sorry this is not open to new investors as it is already private.

      PP01: Closed to new members but netted 13% profit in the month of June. I just joined this in July from recommendation by my upline.

      That's about all. You can also check out other money making opportunities such as Global Pension plan which boost a lot of opportunities and in the eyes of some experts can be a good opportunity. If you like some matrix programs go for m8rich and 22usd(join thru successbuilderclub is recommended) Not recommended to spend at the moment is Pointsharextreme....

      All the above programs are via egold only. I just realised I do not have much info on funding via egold for readers but may soon add a section on that soon. Stay tuned and good day!
      posted by Lazyman @ 1:53 PM   0 comments
      Udachuinvest update!
      Friday, July 07, 2006
      Just a little update, udachuinvest has netted a 13% profit for month of June, 2 months of trading with double digits! Looks solid for the long run. For those who are interested to find out click on 'Lazyman's programs' under' program reviews' on the left sidebar.

      Total compounded profit is about 25% for the 2 months I would say this is looking very gd. However, minimum is $100 to get into program but if you are looking for stable returns this has to be it. Udachuinvest is just part of the existing Udachufund which is still doing well...

      Good day to all!
      posted by Lazyman @ 12:17 PM   0 comments
      Alpsfinance
      Thursday, July 06, 2006
      Well, I found this program to be promoted widely, just thought it would be great to put it down here. I am in with one or two cycle. If anyone's interested in joining in, look for the link to join below. As always, this is a high risk investment program (150% for 15 days), so play with caution. here's the overview of the program:


      Question 1: Which e-currencies do you accept?
      Answer: Only e-gold is accepted at Alps Finance Group.

      Question 2: Do you provide live online support?
      Answer: No. We do not provide live online support. However, you can reach us using the form provided in the Support page.

      Question 3: Will the payment be made on the 15th day itself?
      Answer: Yes. Payments will be made on the unit mature date and will be completed by the 16th latest. If your receipt indicates that your unit mature date is on 15th April, your e-gold payment will be credited no later than 16th.

      Question 4: Does the 15 days include weekends?
      Answer: The 15 days maturity refers to 15 calendar days including Mondays to Sundays.

      Question 5: How many times do you make payment a day?
      Answer: All payments due on the day itself will be cleared by the next day latest. If your plan matures on the 15th April, all payments will be completed by 16th April latest.

      Question 6: What is the reward scheme for referrals?
      Answer: A 5% commission of the referral's total investment will be paid to the referrer within 24 hours of deposit.

      Question 7: Do you charge any extra fees?
      Answer: No. All our administrative fees are already reflected in the profits return.

      Question 8: What is my referral link?
      Answer: Use the link http://www.alpsfinance.com/purchase.php?upline=xxxxxx where xxxxxx is your e-gold account number.

      Question 9: If I need funds and would like to refund my units before my units mature, can I do so?
      Answer: Yes. However, you will only receive a portion of your units price back and the entitled profits will be forfeited.

      Below shows the payable amount should you decide to sell your shares back before it matures,

      Day 1- 5 (inclusive of deposit date) -70% back
      Day 6 - 10 - 80% back
      Day 11 - 14 - 100% back
      Day 15 - 150% back
      * All refunds are calculated based on invested amount.

      To sell back the units, please send us a copy of the receipt with all the relevant information here. Once the details are verified, we will credit your e-gold account with the refund within 24 hours.

      Question 10: How do I change my e-gold account or e-mail address?
      Answer: Please send us a print-screen or copy of your receipt through our support link with your new e-gold account or e-mail address. If your receipt matches, we will make the change immediately and send you a notification e-mail informing you of the change.

      Question 11: I did not receive any reply from support. Why?
      Answer: 'Technical or payment support' will be provided within 24 hours of request ticket. Other enquires will not be processed unless it is relevant.

      If you have submitted an invalid e-mail address, our support department will not be able to return any reply. Also check that your e-mail spam filter did not block our e-mails.

      Please submit a ticket again with another e-mail account if there is no reply from us within 24 hours. (Only apply to technical or payment support). Sorry for any inconvenience caused.

      Question 12: At the end of the purchase, I did not receive any confirmation e-mail?

      Answer: You will be shown a receipt of your transaction instead of a confirmation e-mail. The details of the receipt will be your passport to verify your identity should there be a need for it.

      Question 13: Is it possible to receive referral commissions without investing myself?

      Answer: Yes. It is possible to earn referral commissions without having to invest yourself. This is to reward the referrers for their promotion efforts.


      The link to join is: http://www.alpsfinance.com/purchase.php?upline=2837790
      Only e-gold is accepted
      posted by Lazyman @ 10:20 PM   2 comments
      PSX update
      Dear Members,

      We are currently sorting out the cards and ensuring that each card contains everything required from us by our depository bank. We shall send out emails to inform you of the tracking number of these cards.

      We do not send emails to a member that has complete requirements such as valid IDs and Proof of Billing. If you have not received an email from us, this means that your application is being encoded and transmitted to the Bank to further process your card. The whole idea of marketing the cards worldwide is new to our depository bank, for this reason, we are doing our best to assist the bank on revising their terms not to require any further hard-copies and signed forms and fully implement the e-commerce law on the card application process.

      We have already come this far and I ask everyone to be a little more patient. We are doing everything on our end to ensure that payouts would resume very soon.

      Henry


      What a wait... will see how things go probably be end of year when everything is sort out? Oh my... this sux...
      posted by Lazyman @ 4:05 AM   0 comments
      PSX update
      Dear Members,

      We are currently sorting out the cards and ensuring that each card contains everything required from us by our depository bank. We shall send out emails to inform you of the tracking number of these cards.

      We do not send emails to a member that has complete requirements such as valid IDs and Proof of Billing. If you have not received an email from us, this means that your application is being encoded and transmitted to the Bank to further process your card. The whole idea of marketing the cards worldwide is new to our depository bank, for this reason, we are doing our best to assist the bank on revising their terms not to require any further hard-copies and signed forms and fully implement the e-commerce law on the card application process.

      We have already come this far and I ask everyone to be a little more patient. We are doing everything on our end to ensure that payouts would resume very soon.

      Henry


      What a wait... will see how things go probably be end of year when everything is sort out? Oh my... this sux...
      posted by Lazyman @ 4:05 AM   0 comments
      About Me

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      Name: Lazyman
      Home: Singapore
      About Me: I am lazy and I want you to join me!
      Contact me here!
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