Hi friends, I don’t know what’s happening in online investment industry as many giants and good programs are falling down one by one, so as you know in list latest addition is GNI which has been officially closed, but the good thing is you can get a refund from them if you are not in profit. To get a refund there is a specific set of steps you have to take and all of them are mentioned in Roberts’s latest newsletter, so read it carefully and act accordingly:

Greetings to the GNI Community:
Topics to be addressed in this Newsletter

1. Robert and the GNI Response(s) to the Forum Community
2. Timelines for the Liquidation of GNI
3. New Dedicated Refund Support System.
4. Request for Refund Form and Guidelines
5. What will the Future Hold for GNI

1. Response(s) to Comments Made in the Forum

Consistent with our announcement earlier this week, GNI has closed its operations and a call to our traders has been made advising them to send forward the funds required to ensure our members who are not in profit, will be made whole.
I have taken some time to go through the forum to not only read, but digest some of your comments made to me, at me or about me (and the GNI Team).
Some of what was written, given the level of effort, work, time and resources; taken from me, my family and my life, with the often stated intent to help those people try to have a better life, has been EXTREMELY difficult to endure.
I have been called a liar, cheater, thief and many, many other fine names because the program cannot sustain itself in its current state.
Our restructuring came too little, too late. The reason for this was simple. I wanted, to overcome the adversity without having to modify the program. We were led to believe the funds which were frozen, would be released. Had they at any time up until the end of December, we wouldn’t be having this discussion now.
I gave all of you, EVERY SINGLE member in this project, 100% of my best effort. It wasn’t enough; and because it wasn’t, we are considered by many of you, who have made thousands, tens of thousands of dollars; to be disingenuous, evil, liars, and whatever else you feel like lobbing at me.
Instead of counting your blessings and your good fortune, you have become spiteful.
I would appreciate for a moment if we could reflect on something that has been the motivating factor that drove GNI to its one-time pre-eminence of the on-line investing community. What I am referring to was the call to arms we made during the Holiday Season.
Since early fall, we made very clear the need for the GNI Family to share some of their good fortune with two charities selected on the basis of need and impact we could make as a cohesive group. In December, when it was time, we made it easy for all to participate. It was our opportunity to proclaim our concern, not just for financial gain but to help those who were unable to help themselves, orphaned children in Africa, or those stricken with AIDS.
The total turnout, 4.5%!!!
For those of you who struggle with math, it means, despite our requests for your help, 5 out of 100 GNI participants stepped up to help others. Ninety-five out of one hundred (95 out of 100), did NOT. Some had your own causes that you supported, but the majority of you DID NOT.
Given these statistics, I am compelled to ask those of you who feel I am less than honest, have you taken a moment to look at yourself? When I asked for your help, not for myself, but to help keep children from starving to death, where were you? What have you done for your fellow man?

2. Time-Frame for the Liquidation of Goldnuggetinvest.com

To conclude GNI in a manner that is both timely, but will allow for those members who are out of contact, or otherwise unable to establish communications with any GNI associate, Applications for Refunds will be accepted until May 15th, 2010. We’ll start accepting applications as from Monday, March 15th, 08:00 GMT. Before that date and time the given link for the refund support desk will be disabled.
We believe we can reconcile and refund the bulk of the undisputed refund requests within thirty days after the May 15th, 2010 deadline. Much will depend on the GNI member to properly complete the refund application in an organized and honorable fashion. Let it be known, any member who tries to obtain funds in a manner that is fraudulent, will have his or her refund placed at the end of the stack and will be gone through when all else is completed. An evaluation will be conducted and a decision to return any funds will be made at that time.
It is our intent to refund all of those customers entitled to receive one. Please DO NOT jeopardizes our obligation and your right to receive funds you are entitled to.

3. New Support Desk Dedicated to Refunds Only
To better stream-line communications between the membership (who is entitled to a refund) and GNI, a new Support System will be installed on the same server which hosts the Forum.
(VERY IMPORTANT). Unlike the previous support desk, each member will have one ticket ONLY which will support their Claim for Refund throughout the process. This support system is for REFUNDS ONLY. It is not to be used to express an opinion whether you like or dislike the program, staff, the various PPs or anything other than your refund. The help desk will have the capability to transfer information including your Request for Refund which is contained at the end of this Newsletter, to and from the appropriate staff assisting you with the refund. Any extraneous comments, requests or admonishments will be discarded without comment.

You can find the Refund Support Desk at:

http://gniforum/gnirefund

4. Request for Refund Claim Form

Following this Newsletter you will find the Application for Refund of Principal from GNI. Please complete this form as follows:
1. GNI Username/acct # this is to be filled out by GNI User (Claimant)
2. Date GNI member joined the program: This is to be filled out by GNI User (Claimant)
3. Total Amount Expected from Refund: Claimant is to total all PP transfer of funds made into GNI. From this total, subtract the total amount of PP transfer made from GNI to User’s PP account. If the difference is a positive number, enter it here. If the amount received back from GNI exceeds the amount transferred to GNI, you do not have a valid claim and no further action is necessary.
4. Requested By: Claimant needs to Place their name in this field.
5. a-c List Refund Payment Processor & Account # in Order of Preference: Self Explanatory
6. a-f Total of ALL Transfers INTO your GNI Account from Each PP / E-Currency Used: Claimant shall total all funds transfers made from each PP and place it here
7. a-f Total of ALL Withdrawals/Cash outs from your GNI Account INTO Each PP Used: Claimant shall total all funds transfers made from GNI back to each PP and place the total here

TOTAL_____________________________ TOTAL____________________
Add 6a – f and put the total here. Add 7a – f and put the total here

PLEASE LIST EACH TRANSACTION REPRESENTED IN YOUR TOTALS ABOVE, IN THE FOLLOWING MANNER….
(List according to Payment Processor)

1. Payment Processor 2. Date 3. Amount 4. Transaction/Batch ID#

This is self explanatory.

Assuming there are no significant discrepancies, those funds in which there is an agreement will be:

1. Verified
2. Re-checked and confirmed
3. Submitted for payment

If there is a disparity between what claimants thinks is owed and what GNI think is owed, it will not hold up the payment of funds. For example, claimant submits a Request for a Refund totaling $35.00; GNI completes their review but finds that claimant is owed $25.00, not the 35.00 as submitted. GNI would authorize payment on the undisputed 25.00. Upon conclusion of all payouts, GNI would then take a further review, with claimant and attempt to resolve the matter. It is not anticipated there will be any open claims after concluding this liquidation.

5. GNI’s Future

It is now often asked, what will become of GNI? At this juncture, all that is important to know is there will be a GNI. It will consist of a group of clients who know honesty when they see it and integrity when they feel it and an opportunity when they smell it. Not often does a situation like this come along. Only serious investors welcome.

Robert and Team

***

Application Form (Please copy and paste the entire form into your request ticket at http://gniforum/gnirefund):

Application For Refund of Principal from Goldnuggetinvest.com

1. GNI Username/acct #__________________________

2. Date GNI member joined the program______________

3. Total Amount Expected from Refund_______________

4. Requested By_________________________________

5. List in Order of Preference–Payment Processor & Account # to send Refund

A. PP________________________Acct. #______________________

B. PP________________________Acct. #______________________

C. PP________________________Acct. #______________________

6. Total of ALL Transfers INTO your GNI Account 7. Total of ALL Withdrawals/Cash outs from

From Each PP / E-Currency Used your GNI Account INTO Each PP Used

6a. StrictPay______________________ 7a. StrictPay_______________

6b. Solid Trust Pay_________________ 7b. Solid Trust Pay__________

6c. Liberty Reserve_________________ 7c. Liberty Reserve__________

6d. PerfectMoney__________________ 7d. PerfectMoney___________

6e. GDP_________________________ 7e. GDP__________________

6f. Bank Wire______________________ 7f. Other__________________

TOTAL____________________

PLEASE LIST EACH TRANSACTION REPRESENTED IN YOUR TOTALS ABOVE, IN THE FOLLOWING MANNER….
(List according to Payment Processor)

1. Payment Processor 2.Date 3. Amount 4. Transaction/Batch ID#

Ptv Partner which is really soaring high and its member base is swelling like any thing has sent out another update about the downtime they recently had:

PTV has been HACKED!!! – March 11th, 2010
Just kidding, but with today’s downtime I couldn’t resist the opportunity to give the naysayers a smile even if was only for a moment. I know they have been salivating all day hoping to be able to say “I told you so!” Well, no such luck guys…sorry.
We did experience a script error though. We had recently hired some new programmers and one of them inadvertently caused a script error earlier. He also screwed up the new backup system he implemented. The result was quite a difficult task to overcome. But we did.
We had to cancel a small amount of withdraw requests. The few accounts affected will notice a return of their withdraw request. Just resubmit them and they will be taken care of as always. In some cases the amount returned was incorrect and in those cases we have sent you an email with instructions.
We apologize for the error, but everything else is back to normal with one final exception. Your Withdraw History for the last several days is reflecting an incorrect amount. This DOES NOT affect your investments or deposits or future withdraws. It is simply the completed withdraw history that is affected. We are continuing to work to correct this somewhat inconsequential error.

Happy Hour Friday
Don’t forget Happy Hour in the Oasis room today -Friday 4-5pm PST, 7-9pm EST, and midnight GMT.
Blog Article of the Day:

U.S. Recovery Called ‘Phony,’ Recommends Buying Gold
What do you think about Gold? Do you know the history of gold and how it functions in relationship to currencies? You may want to brush up. While the economy and the Spin Doctors put a bright light on the points that signal recovery there are many indicators that are pointing in another direction. Read this article to get the specifics. It may mean the difference between being prepared and unprepared for the future of your family.
Outside Article of the Day:
Obama’s Real Agenda and Why the Stimulus is Money Well Spent
Is there an upside to the Stimulus spending? What does the spending do? What will the long term outcome be. There are many viewpoints on the subject but your viewpoint makes a difference in what you plan for the future. If you haven’t thought about this it goes hand in hand with the article today on the PTV blog.

http://www.personalliberty.com/john-myers/obamas-real-agenda-and-why-the-stimulus-is-money-well-spent/

Make sure you read our blog daily.
There’s a lot of good information there and many things to think about.
Your future is very important and the decisions you make today will affect you tomorrow and long term.

Joke of the Day:
You know it’s Time to Diet When:

* You dance and it makes the band skip.
* You are diagnosed with the flesh eating virus, and the doctor gives you 22 more years to live.
* You put mayonnaise on an aspirin.
* You go to the zoo and the elephants throw you peanuts.
* Your driver’s license says, “Picture continued on other side.”
* You ran away and they had to use all four sides of the milk carton for your picture.
* You learn you were born with a silver shovel in your mouth.
* You could sell shade.
* Your blood type is Ragu.
*You need an appointment to attend an ‘open house’.
Start the Experience …join Ptv Partner and … Free your Life!!!

Xaga enterprise which is another good program running successfully for couple of months has sent out an update and asked you to cast your vote for payment mode.If you want it automatic than you have to pay a fees of 6% and you like it manually then you could have to wait up to 48hours, check the update:

Dear ,
Since I broadcasted that Xaga will go private, the membership increases so high. Now Xaga has about 4500 members.
As you know, I do payments manually. But this situation gives me headache. I can’t do all the payouts in 24 hours. I have to divide my time between generating money and processing withdrawals.
So, let’s vote. If you want me to do the payouts manually, then allow upto 48 hours, maybe more in weekends. But there’s one solution that I can give to you, Automatic payments. But there’s 6% fee because I have to upload more cash to Xaga’s PPs.
If you agree, then Xaga’s database will be converted to Goldcoders script. I have contacted Goldcoders and they need to see my cpanel.
So it’s ur choice now. Manually up to 48 hours or automatic with 6% fee. Send your vote to support@xagaenterprise.com

Thanks
Regards,
Kev

Forexmoneyfund is another nice program with a good payout record (and still there is no complains about it) and running silently without any glitch again updated us about the completion of all payments and request all members to post the payment proofs on the rating sites.

Hi
Thank you for your continuous support.
We are already in Good profit zone in this current week.
Happy trading.
We have completed payment. All cash out requests have been done
Please vote for us here
http://forexmoneyfund.com/index.php?p=rateus

Popularity: 54% [?]

Hi friends, I think today I have the worst news for you, as we all were expecting the goods and bads about our beloved program GNI so now we have an outcome, and for sure which is not so pleasant but it could be a rise of new day and in the future there will be some good news waiting for us. Besides all these hurdles the admin of GNI has again proved his integrity and promise all the investors who are not in profit, to issue a refund, and I for one personally feeling too bad that such a good program is going to end like this, check the newsletter.

Greetings to the Most Loyal GNI Friends, Family & Associates and; Nemesis:

As I have mentioned in the forum, I have spent the last few days in Northern Cyprus trying desperately to obtain those funds which belong to us – members and principals of Goldnuggetinvest.com.

Besides myself, I have been privileged to be assisted by Counsel (one of our attorneys) to not just make a strong presence on behalf of some faceless arbitrage project; indeed, but to help me place a face on the thousands of loyal GNI Customers who have (rightfully or not) depended on our presence and weekly payments to:

1. Pay the rent or mortgage,
2. Pay doctor’s bills,
3. Pay for a family member’s schooling,
4. Retire in a manner that is consistent with the years of service provided to their employer,
5. Take a well-deserved vacation with someone special or
6. Have some peace of mind in these troublesome times.

Despite our best efforts, and monumental efforts were made by all concerned, we could not get the directors, regulators or oversight administrators to relent. There were several tactics employed, a couple of which were most creative, but it was of no use. We thought we may have a foot in the door, only to have it cut off. What I can say is we tried damn it….we tried our hardest; but we could not overcome this hurdle.

Without this income, we go in reverse. We have had suggestions, offers which included members giving us funds, members willing to delay the taking of payments, partial payments, the entire spectrum of suggestions; the reality is, however, these suggestions amount to a band-aid when in fact a tourniquet is called for.

I must, for the sake of the sanity of myself and my family, the GNI Team Members, the Principals and our most trusted customers, shut down Goldnuggetinvest.com effective immediately and permanently. This decision will not be reversed.

Refunds: Despite the ‘disingenuous’ overtones having made its way around the world of on-line investing, we will be refunding those members who are NOT in profit, an amount equal to 101.5% of their principal investment (this includes interest payments already received) rendering EVERY person who invested with us, more than whole as defined by Commonly Accepted Principles of Accounting. The instructions will be provided within the next 48-72 hours; will be straight-forward so this can be expedited.

The new GNI: GNI has the concept, the tools and the strategy somewhat perfected in the world of Sure-Bets. We will be making an announcement at 08:00 (GMT) on Friday, March 12 as it pertains to our future. We can give a hint: It will be a completely and totally PRIVATE program fashioned in a manner that is compliant in any and all world-wide jurisdictions with no limitations. This program has been in the planning stages for nine months and was to be run in parallel with GNI. Nothing more will be said until Friday.

Summary / Conclusion: I want to take a moment to thank all of you, our GNI family for all the kind words and support you have shown over the past several months. I never anticipated some of the hurdles which we had been forced to try to navigate. This program was my baby, you were my extended family. This program was a sense of pride, an attempt to help those of you who needed it the most. I have never, nor has my team, hid from reality; perhaps we were a bit over-confident, but our intentions were and always have been true.

Our next chapter will be very bright, very private, but very bright. I hope to see all of you join in the journey.

Thank you from my heart!

With kind regards,
Robert and the GNI Team

While there are bad news we always have good news too, so the good news is Ptv partner which is of course in the top list of all investors portfolio has failed an extortion attempt and at the same time they were good enough to track down that extortionist and take the legal steps to put him behind the bars for the sake of all online investors community, check the news:

Another attempted extortion: We thought you might enjoy the read from an extortion attempt directed at PTV Partner.
I had to correct their grammatical errors to ease your ability to read.
Here it is…..enjoy.
___________________________________________________________
Hello Admin,

{Is of importance you read to the end}

You have started a ponzi scheme to scam people of their hard earn money. We are Jet Poster, Posting on all monitors and forums 24 hours. WE search and bring down Hyips program {ponzi scheme}
We have decided to bring your program down. This is to save the money of innocent people who are searching for ways to earn online. We have successfully brought down many program in the past 4 years on hard work. We can bring your program down within 48 hours and your search in Google will remain scam even in monitors and forums.
Our mission is to bring down your program by daily 24 Evil-Votes in all forums and your monitors, we send messages to 20,000 potential investors to stay off your program. we have brought so many Ponzi Scheme down just like yours { you use other people money to pay investors and then run with the rest} WE KNOW Our 12 IP VTN can Generate 24 post with different IP per day.
We are sending you this message for negotiation. We want you to pay to our account $1000 {negotiable} to stay off your program.
We start with prove after 3 hours on getting this mail without responds from you. This is very serious to the life and success of your program. We will send you prove on every post we make on monitors and forums to know how fast and well we do our jobs.{48hours you will be rated scam in monitors and forums, it is a promise}
No body has ever opposed us, and can ever do. We only need co-operation from you. We can rephrase previous votes if you respond to our demands with well negotiation. if we dont hear from you after 4 hours, we shall start our work fully with daily reports to your mail. BE WARNED
OUR ACCOUNT LR : U9624729 {THE HYIP DISTROYERS}
EMAIL: hyipdistroyers@gmail.com
SEND YOUR PAYMENT DETAILS TO US FOR VERIFICATION.
THE HYIP DESTROYERS…
__________________________________________________________
08 Mar 2010 09:55 PM
Dear HYIP Destroyers
Thank you for your info including enough to track you down to central Nigeria. You do not seem to know much about PTV because we are one company that is not a Ponzi scheme. I realize that it is very dangerous outside with your countrymen running amok with machine guns, machetes and spears, but this extortion attempt is your timing, not ours. I not sure if extortion or blackmail is a crime in Nigeria you will find out soon enough. We are contacting police in Kaduna and Abuja. i realize that they are very busy at this time but we will keep complaining to them until they have time to take action. I am sorry that running away at this time may be very dangerous for you, but you have given us no choice.
Regards,
Ozi.
PTV Partner team.
___________________________________________________________

Further to the HYIP Destroyers saga….added to my reply…sent a complaint to his ISP as well…
Dear HYIP Destroyers
Just to keep you posted on what is happening. We have received messages back from both police offices that they are very interested in catching you because you claim to have been doing this for 4 years. They have told me that they envisage around 5 years in prison for you. They assured me that you will be well looked after by the inmates of the prison especially if you are young and handsome.
They have told me that the armed insurgents have become more violent because of the alcohol they have stolen. They have isolated most of them in the area around your town. They suggested that I warn you not to try to escape because the chance of being hacked to death by them is quite high. Coincidentally one of our members lives near you and would like to pay you a visit. I think he wants to pass on some info about PTV, but he did not specify.
___________________________________________________________
He has started posting…all from the same IP address.
He is the admin of http://www.stanbic-profit.com/ …have tracked him down….now he will get a taste of his own medicine….
There are 2 ways of handling this….
His Name is Mike….his IP address is 41.206.27.111
___________________________________________________________
Dear Mike
I hope you don’t mind me calling you by your first name….
So HYIP Destroyers is the brainchild of the admin of the failing Ponzi Stanbic-Profits. I have a list of monitors from http://stanbic-profit.com/rate-us.htm that I will start posting to shortly if I do not see retractions of what you have already posted. You are just a standard scammer. Any smart person would have hidden his tracks a lot better. I guess you are going to find out what the inside of prison is like after all. I am sure the members of your scam site who have lost money would love to know your details. Isn’t this exciting? Did you know that I have been a scam buster for many years and have ways of finding information on pathetic scammers such as yourself without any difficulty whatsoever. Now you have really opened a can of worms. I have to decide whether to allow you to post more negative stuff about PTV and get the benefit of the publicity or expose you immediately. What do you think?

There is also a good news for General Income (you can read the review here) investors, as you all of aware about the LR problem while making deposit in General Income, it has been finally sorted out and now you can deposit without any hassle, and the another thing General Income has changed their phone number so next time if you are planning to call them try this one only:

Hello!
We changed our phone support number to +1 (254) 655-1531

Popularity: 97% [?]

I would like to start today’s news section with the long awaited newsletter of GNI, I am agree that the administration of GNI is doing their best to recover from the situation and help the members but at the same time investors need results which is of course not good at the moment and personally some of my readers has reported about the non payment of February dues. Let’s see what Robert (admin of GNI) has to say:

To the Loyal Members of GNI:
It has been brought to my attention that many have become quite concerned of late because of the limited posting and corresponding in which I have engaged. To you, I apologize. I am taking every reasonable step to preserve the integrity of GNI, myself and my team as we face these obstacles which, frankly, are very difficult to overcome.
I wish now to address a couple of the most common and forceful objections you have made against the GNI team. That of course is the “guarantee” that is made on our website with regards to sports arbitrage (trading). Arbitrage trading, is in of itself, foolproof. I stand by this! What is not foolproof is current, past and future market conditions. These include things such as the political environment, natural disasters, current events, global trade and recession, regulatory interference and so forth.
Those who dislike us will never accept us for anything but a PONZI. Got news for them: We’re not a PONZI! They say that we will have an end some time soon…. I have very pragmatic news for everyone: At some point in time, there isn’t a business venture that will, at some point, end. Whether its this year, next year, one hundred years or a thousand, EVERYTHING has an ending. We just happen to feel ours is not yet there!
Equally so, if I am anything, I am honest; so I have to acknowledge, our backs are against the wall. That which has hurt us the most is:

The freezing of our assets by our bank’s (Yesilada)intermediary bank.

This, more than anything, has put us into the situation we are currently struggling to overcome. Market conditions are something we have no control over, could never plan for and are well beyond our control. Indeed, but for this matter in of itself, we would be continuing status quo, and all would be happy.
Many feel I have no compassion because I can’t respond to each and every member’s concerns or personal struggles. Rest assured, this situation we face is harder on me than all of you combined. While the project has been profitable, of late it has not! The personal assets I have put into GNI are substantial but that is not the point of this response.
I see what the naysayers are posting. I have eyes and I care, not what the neggies say, but what our members say. Those who have supported us through good and bad times. Those who are not in profit, have a special place in my heart! Some may laugh at this, those who know me best will not. They know how important all members are to me, rich or poor, whatever part of the world they may reside.
What is the point of this is? I want all of our members to recognize the level of effort put into the success (and yes, failure(s)) we have experienced over the last few years and that we are not quitting! We ARE struggling, but as much as we struggle, we ARE fighting for our customers, the employees, the principles and for the respect we feel we deserve.

Thank you,
Robert and your GNI Team  

General Income, which has been reviewed on MIN yesterday, has sent out its first short news update, and requested its investors to post payment proofs on forums, read it:

Hello Members
It’s been two days since General-Income started its work and I would like to thank you for joining.

If you have any questions feel free to contact us 24/7 through Live Chat or call our Phone support +1 (423) 299-0310, you can call any time and receive individual customer service.
Don’t miss your chance to be first who receive our VIP package! For more information go to: http://www.general-income.com/extra
The big Chat Party event is getting closer every day and I’m looking forward to see you there! To see flyer go to: http://www.general-income.com/images/FLYER.jpg
Don’t forget to post your payments in forums.

Mandarin invest which is a great performer and hardly had any downtime in couple of months has updated us about the improvements of site:

Dear Members,

We have some news for you:

1. New flash banners have been added to our website. You can get the banner codes in the “Referrals” section under the “Get banners” link in the upper right corner.
2. As it’s springtime already, we gave our website an appropriate look.
3. We apologize if you had problems accessing our website or interest was not credited for the past two days. The reason for that is our recent server move. Now the website should be loading faster and work more stable.

Sincerely,
Robbyn Hart

Popularity: 100% [?]