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"The International Passive Income Newsletter"

 

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A Newsletter update in the form of a daily blog covering new programs and keeping you posted on the status of the top programs.

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Contents:

PACForAll ends - cash flow problems force closure.

Traffic Exchange review - new style of program emerging?

Gold Nugget Invest sails on serenly - 3 years now!

Plus latest news on the popular programs.





PACForAll ends - cash flow problems force closure. 

Most of you who are PACForAll members will have received the news today that PACForAll is over.

In case you didn't receive their e-mail and haven't logged in today, here's the message they sent:

Hi guys,

Boy, I don't know how to do this..

First off, thank you KarenL for being so helpful. Without you, EL and I would have gone insane!!

I'm sure you have all guessed or feared this by now but PACForAll as it currently is will have to close it’s doors. There are many variables leading to this, but the result is that there just isn’t enough money coming in to cover money going out any more. We have added some of our external income to keep things moving ahead, but without a continuous flow of funds coming in it has not been possible to keep up.

The deposits decreased by 60-70% almost over night, when we introduced the new payment terms. We know that when changing payment terms there will be a decrease until the new cycle is in place. However with all the negative posts on the forums and no payments being made for a few days, this decrease seems to have escalated beyond what is manageable. We tried to put some spark back in with incentives and advertising, but the response was nowhere near what was needed to stay afloat.

You might wonder, why we did not send updates on the situation or come forward on the forums!? Please try and put yourself in our shoes though. We are serious about running a good program and we had dreams about PacForALL being around for a long time. We spent a lot of time and money to get it going as well as maintaining it. We, like you, did not want it to end, so we kept trying.
It is not easy to face a mob in public, with a thousand questions and only answers they don’t really want to hear and as much as we wanted to be able to step up and tell you, that things were not looking the best, we knew that if we did so, it would definitely be the end. So forgive us for hoping that it was just a phase to get through and all would be fine again. We are only humans and not super heroes.

We have paid out what was left in the accounts from PACForAll deposits and predominantly paid people who were not in profit with the oldest pendings as of today. We felt this was the most fair thing to do at this point. Now before you scream scam and hate us, please remember that PACForAll was always a game and we never pretended it to be anything else. At some point it would have to end. This is much sooner than we hoped for unfortunately. There is no point coming with excuses and no point to make any promises. PacForAll ran it’s course and that is all there is to it. We are truly sorry it did not last much longer.

We started our programs to help fellow players like ourselves. As our membership grew, so did the contacts we made. Admin of new and growing programs were contacting us to put their offers infront of you. We got to cherry pick those we felt were safer. Even to the extent of seeing proof of outside income for the last lot. Together as a group we are very strong. We were working on a new program that would use this strength to a level that could help clean up the making money online industry. It wasn't going to be a surf or a hyip but a place where we could demand only the best for ourselves. A community that worked together instead of tearing each other apart for a dollar.

Now, here is where you take a step towards your own future. Do you hate us forever and we all go our seperate ways, playing the same old games or do believe that we are geniunely upset at what has happened and still want to help make things better. It's all up to you now.

So it's the end of the road for PACForAll after just 6 or 7 weeks.  Most expected it to last much longer, including myself.

I got in on 18th August and have done pretty well with it, withdrawing at every opportunity, but for those that got in recently, or continued to compound without withdrawing, you will no doubt have suffered a loss and for that I can only apologise.  If you look at my September Newsletter I stated:

I have added a couple of new popular HYIPs on my HYIP page, but as most of you know, this is a very volatile area.  Unless you can quickly recover your seed money, without gambling or greed getting the better of you, it is best to stay away completely from such programs.
However, for those that love a high returning completely passive program, you can try PACforAll or CashTanker
Both offer quick money with small minimum investments ($5 or less!).  With PACforAll paying 12% every day for 12 days, you can be in profit within a month and it's only a month old and from an established source. 

I was indicating that I thought PACForAll would last quite a bit longer.  So you can blame me and/or Kazzie and El that ran it, but the fact of the matter was that it was always a partial ponzi and heavily dependent on new members and new money coming in to keep it going.  It would appear that the plan change they introduced to ease their manual payout bottleneck may have accidentally introduced a doubt in some members minds and they in turn stopped putting money in.  Or it could be that the change was made because there was already a cash flow problem and they thought the change would ease it!

If you did lose out, it might be worth re-visiting my successful strategies page, and maybe thinking about how you will play things differently next time.  Use it as a learning curve.  I certainly burnt my fingers more than once in my early days, until I developed a strategy that works most of the time.



Traffic Exchange review - new style of program emerging?

Traffic Exchange programs have been around for a number of years now and have gone though a number of changes as their limitations were discovered.

Studio Traffic was the first and lasted about 2 years offering 1% a day for surfing about 20 sites.  This eventually spawned some copy cat sites which offerred variations and perhaps slightly more in % terms.  Then came the auto-surfs which offerred a much bigger daily %, for example 12% daily for 12 days, giving 44% clear profit every 12 days, but these had a host of copy-cats and failures accellerated to just a few weeks or even days!

Recently we have seen more revenue-based manual surfs offering 14% a week with AdVentures4U being the most successful and lasting well over 6 months.  With it's 50% 'hit and run clause' it was thought to very sustainable and was copied by a number of programs.  AV4U eventually hit cash flow problems and Steve is now attempting to keep it afloat with his underlying gold trade program, but it will it hard.

The near collapse of AV4U has made the other revenue-based programs realise that they need to do something similar to survive, i.e. a viable underlying source of income.   It will mean reducing their weekly % to a realistic amount that is directly linked to income revenues.  AdViewGlobal and AdGateWorld had tried this but they were not well managed and got involved with inflated bonuses that eventually brought them down.

A new one emerged this week called True Revshare, which will limit membership to 500 and weekly % rebate will be linked directly to underlying revenues.  If you want to get in, you will need to be quick as they are up to 425 upgraded members already and 500 upgraded members is their limit. 

The older style programs that I list on my Traffic Exchange page will no doubt be watching this one with interest and some are also moving towards a more realistic rebate%, but they need to do this with full transparency to avoid panic setting in.  The next few weeks should prove interesting!
 

Gold Nugget Invest sails on serenly - 3 years now!

GNI is probably my best program right now.  It's a job to beat 3 years of 6% to 7% profit each and every week! 

If you are not in GNI, which is completely passive, now is the time to get involved!  Go to my Trading Program Page and take a look. 

It's quite possible that they are fast approaching their ideal in terms of membership numbers and funding and might well go private in the coming months, with a complete halt on new memberships - so don't miss out!