The former owner of PV stole a lot of money from them, and messed up the books really badly. They just discovered this recently, but they are taking steps to clean it up. I think they are going to get it back to normal in the next couple of months.
That is a complete lie.. Ponzi schemes do tend to tell sugar coated words to cover up their collapse.. expect a maintenance and it won't be coming back.. ALL HYIP will be collapsing, consider PV and MTV dead in your book.
This. The only reason that Paidverts prospered was because it targeted audiences that didn't know about ponzi schemes and wanted some money, quick. Now that people are getting smart and alerting others to the scam, more and more people are dropping out and Paidverts is going to play a card (whether it be closing down or creating a new version) soon.