Hi guys! Hope everyone is investing safe by taking calculative risks. I was analysing lot of programs for the last 4 days. I was satisfied with the quality of few programs. But, some of them are too risky. Investing in those risky programs are not safe now. So, I don't want to review them. Basically, I don't want my readers to invest and loose money after reading my review. Today, I am going to review a program which is almost unnoticed by many investors. There is only one reason for this - Poor marketing by the admin.
Lariox is a long-term hyip program which scored
3.94 out of 5 in my rating system. Though this rating is not above 4, it is not bad. To increase the rating, admin should correct some mistakes in the website which I am going to point out in my review today. Admin should also improve the marketing for this website to bring in lot of investors into the program.
I joined in this program few days before itself and I have been paid daily without any issues. Lariox has lot of cool features like - hosted on a dedicated server, DDOS protection, Licensed Gold coder script, SSL, Comodo authentication, easily sustainable plan etc., Let's look into the various features of this program in detail.
Plans - There are 5 plans which depends on the amount you are investing. If you invest between 5$ and 2,000$ then you are on Starter plan which pays 3% fixed daily interest for 55 business days. If you invest 100$ in starter plan then you will get 3$ daily for 55 business days which gives you a total returns of 165$ in 55 business days. Pricipal is not returned at the end of the term. Remember interest are paid only on business days (Mon to Fri). So, it will take approximately 77 calendar days for your investment to expire. If you do a quick math then you can understand that you are getting 0.84% effective profit per day.
0.84% profit per day is very easy to sustain. Admin can easily make this program to sustian very long. But, this calculation is for Starter plan only. If you invest between 2001$ and 7000$ then you are on Advanced plan and you will get 3.6% daily interest for 55 business days. This will give you a total returns of 198% after 55 business days. I am not going to discuss other three plans which are for investments above 7000$. Just want to let you know that they offer 4.2, 4.8 and 5.5% daily interest respectively.
Compounding is not allowed in any of these plans. If compounding was allowed then I would have considered this as a medium term program. But, without compounding this program can sustian longer which is good. From my previous discussions it is clear that the minimum to invest is just 5$ which is affordable for many investors. There is no deposit/withdrawal fees for any plans.
Payment Options - Lariox program accepts Alertpay, Liberty Reserve, Strict Money and Perfect Money e-currencies. This list is quite impressive and I am sure this will help to attract lot of investors for this program. Minimum to withdraw using Alertpay payment processor is 1$. All other processors does not have any minimum requirement. This is obvious because alertpay won't allow to transfer less than 1$ to another alertpay account.
Security - Lariox is hosted on a dedicated server with DDOS protection by Genius Guard.
Lariox also has SSL encryption for e-currency transactions. Website is verified by Comodo and you can check this by clicking the Comodo seal on the right bottom cornor of the website. Admin bought a very basic package (very cheap) for the Comodo authentication. I guess the main motive behind it, is to have the Comodo seal in the website rather than securing the transactions. Anyway, this is an added advantage for the website. Please do remember that only e-currency transactions are secured using SSL encryption. The website as such is not SSL protected. Obviously we can't expect SSL for all programs.
Content/Design - Design is not so very good. I feel like the website is dull because of poor color selections. Especially the menus and fonts are not attractive. I hate the forex EUR-USD graph and the tickers in the home page. Admin is claiming that they generate the daily profit from forex market. But, no proof is given to support that. I am 100% sure that no forex is involved in this program and this is a pure ponzi only. The what's new section in the right is not original. The news feed is taken from some popular RSS feeds.
One thing which makes this program to look bad is the Terms page. Lariox has a Terms page which has information not in sync with the program itself. For example, the Terms page says only LR and PM are accepted as of now. But, this is not true. AP ans SP are also accepted here. I requested admin to fix these errors by sending a support ticket. But, no reaction at all. I once again request the admin to correct all the errors in th Terms page. If and all you want more information about this program then see the FAQ page instead of Terms page. The link to the FAQ page is in the footer of the website. This is a bad usability. FAQ page should be in the menu so that investors can read it easily when required.
Lariox is using Gold Coder licensed script. As for as script is concerned I don't see any problem because it is already tested well by Gold Coders. Website is up and running 24x7 without any issues which is a good sign.
Support Sytem - Lariox has a Support page which has a physical address and phone number too. As per the support page they are located in Cyprus. As usual, I don't care about the address and phone numbers which are not at all used by any investors. They do have a support form which just sends an email to the admin. There is no Live chat facility which is disappointing. If admin is not available to support on any forums then I would like to see at least a live chatting facility. Anyway, I hope admin will consider to implement it.
My Investment - I invested 50$ in this program. I already got paid 4.5$ from this program. As I said already, this program is not noticed by many investors. So, I believe this is a good time to invest in this program. If the admin want to run this program honestly (by taking small percentage as profit for himself) then this one can be around for long time. As alwasy, I am hoping for the best.
Points to Note:-
- Lariox is a Low ROI program HYIP with excellent features like - Dedicated server, DDOS Protection, SSL, Licensed Gold Coder script and Comodo verification seal
- The content of the site are not original and has few mistakes too.
- 5% Referral commission
- Compounding is not allowed
- Withdrawals are not automated. It may take up to 24 hours to get your withdrawal processed
- Interest are payed only on busienss days.
- Though it is a long term program, I request my readers to invest less in this program. I will monitor the popularity of this program and let you know in case if you want to increase your investments.
Quality Factors:
As usual, see my due dilligence report below. The due dilligence report from my blog is 100% trustworthy. Because, I am not getting any money from admin to review programs. I will review only those programs which is of really good quality. Sometimes, I even consult with experienced investors before reviewing a program.
Quality Factor | Rating |
Is it a sustainable investment plan? (High 6) | 5.50 |
How is the design and usability of the site? (High 4) | 3.00 |
Is the content of the site is original? (High 4) | 3.25 |
Is the site launched in hurry with issues? (more points if NO - High 4) | 3.25 |
Is it on a dedicated server? (High 6) | 6.00 |
Does it have DDOS protection? (High 6) | 6.00 |
How is the security of the program? (High 7) | 6.50 |
How good is the script used by the program? (High 10) | 6.00 |
How is the up-time of the program website? (High 5) | 5.00 |
Does it accept more payment processors? (High 4) | 4.00 |
Does the program has it's own forum? (High 2) | 0.00 |
Does the program has proper support ticket system? (High 4) | 3.00 |
How fast and how good the support team answers the ticket? (High 5) | 4.00 |
How is the admin marketing the site? (High 5) | 3.25 |
How about the website traffic ranking in alexa? (High 5) | 4.50 |
The X Factor (Hidden) (High 5) | 5.00 |
The Y Factor (Hidden) (High 5) | 4.50 |
The Z Factor (Hidden) (High 5) | 5.00 |
Is admin already a member of any forums and how long? (High 3) | 0.00 |
Is admin/any support team member active in any forums? (High 4) | 0.00 |
How is the opening response in forums? (High 6) | 4.00 |
Any spam mails for this program? (more points if NO) (High 5) | 5.00 |
Average rating | 3.94 |
News Updates -
AdRebatesPro - I want to discuss more about this program. First of all, It looks like the script used by AdRebatesPro is not determining the daily rebate at all. I think that the admin is determining the daily rebate manually. If the program is not doing well then admin should have reduced the daily rebate immediately. Instead it is really a very bad idea to have the rebate fixed to 10% and dropping it to 2% immediately. This is not the way in which revenue sharing works. I am totally disappointed to know that Diane did this. OfCourse she did to ensure the growth of the program. So, I can excuse the admin.
But, I can't excuse the fact that the admin implemented 50/50 rule for all cashouts irrespective of whether it is a referral commission or daily rebate. I know that the current script is not supporting the 50/50 rule to differentiate the referral commission and daily rebate. But, this is not a problem of an investor. Admin should find a work around or should ask the programmer to implement it. First of all, in my point of view admin should not impose 50/50 rule at all. It is the investor who should take that decision. If admin is continued to impose this then lot of investors will report the program as NOT PAID in forums. So, eventually 50/50 rule is not going to help the program instead it will collapse the program.
Though I got paid so far without any issues, I decided to set this program status as "SELECTIVE PAYMENT" in my
program details page. Because lot of investors are waiting for the payment and most of them are confused and shocked by 50/50 rule. I want my readers to be aware of this problem and think twice before investing in this program.
ShiftMoney - This program is facing lot of challenges and having really a tough time. But, admin seems to be very experienced in running programs and he is managing the situation brilliantly :) All experienced investors in this hyip arena knows that this program wont scam soon because they invested lot in the website. Payouts for Plan A are going to start from Tomorrow. If admin successfully pays for next few days then this program will grow like a Rocket. I am very curious to learn how this program performs. I am watching this program closely to improve my strategy in playing hyips. Let's see how it goes.
See you all again in another blog. Invest Less. Play Smart. Earn Forever....
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