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February 16th - 28thst, 2004 - Lack of Refunds and more

* The Nova-Lights investigation fiasco is really getting ugly. It seems as if there are too many people trying to take action against them in different groups. Mario Degryse has been trying to get a very large group together, and apparently he did. However Mario's been to Arizona and back several times, hoping to get something done. No one really knows how the investigation and refund process is coming along, and no one knows if refunds will be made. We will try and keep everyone updated.

* Refunds are something that are promised a lot in HYIPs. When a program closes, the admin chooses to state that refunds will be given. However these promises usually turn into lies. Here are a few programs that have promised refunds, but have yet to pay out (thanks to e-told): Phillipine Exports, The Investors Group, connections4U, YieldOpps, and Amiscue.

* It appears that E-HYIP, which was around since Early April has closed. This is the message from the admin: "E-HYIP has closed due to a hacker who broke in during todays e-gold downtime. He cleaned out our E-Hyip account and the Trading Account and used the current DOS attack on E-Gold to cover his tracks." Whether or not this is true, really can't be told for sure. However they were a very long lasting program, and we are sorry to see them go.


* HYIPMailer.com was down for a little over a week because of domain name issues. We are now back up and running :-)

* AutoSpend.com an online payment system is back up and running after a few minor problems with the script, that caused payments to be sent to wrong accounts.

* Eurotraders, after a long 6 month span of not missing a payout has finally closed. This is believed to be due to their large investments in Nova-Lights.

* Xtreme Investment is claiming that their e-gold account has been hacked. Whether this is true or not is not for us to decide. If it is, we wish them the best of luck.

* The following programs have also stopped paying within the last couple weeks: The Revenue Group, Club Prosperity, HYIP Finance, Nuta Gold, New Year Gold, E-Gold Trade Point, Hot Gold, and Your Future Shares, Forex Zero, Six Percent Weekly, Only Funds, Omex Invest.

* Foreign Fund a program that has been around for quite some time, is launching a new site: FF-bank.com. What this site will be for is still not totally known.

* The newest fiasco is with Weeklygold. Mario, the Administartor of the program is missing. Payouts were to be done on February 28th, but Mario never showed up or contacted anyone. No one has seen him online for over a week, and all kinds of possible stories are circulating. One individual claimed to have spoken with him only a few days ago, and said he was having some sort of "problem". Brian of Talkgold is left in the cold about all this and is trying to figure out what Mario is up to. Will Mario come back and revive his program, or vanish for good? Mario Degryse had been a cornerstone in the HYIP arena for over a year. For him to pack up and leave without a warning seems extremely against his usual ways, however with HYIPs you never know who you are dealing with. We recommend that you stay up to date about the whole situation at Talkgold.com.

* It appears that Unique Investments are experiencing some major problems. We don't know for sure, but it looks as if they have stopped paying, and are not contacting members.

* E-HYIP, a program that was around for a very long time, has closed up, using DDOS attacks and hackings as their excuse. Whether or not this is true, we don't know for sure.

* 555Gold, has closed up also. They have also used the "hacked" excuse.

* Golden-Way, a program that seems to have advertised quite a bit lately, has had some major DDOS attacks according to the admin. Quite a few members are saying that the program has stopped paying. We don't have any confirmation of this but it appears the program may be closing.

* We recommend staying away from Stable Gold, since Program two of their HYIP has failed. Their other program is still on going, but if one failed, it is concievable their other will as well.

* E-Gold has scheduled Maintanance time set for March 1st at 2130 - 2230 EST.

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