Saturday, April 5, 2008

ORCHIDS -THE LOVELY FLOWERS


Orchidaceae, also called the Orchid family, is the largest family of the flowering plants (Angiospermae). Its name is derived from the genus Orchis.

The Royal Botanical Gardens of Kew list 880 genera and nearly 22,000 accepted species, but the exact number is unknown (perhaps as many as 25,000) because of taxonomy disputes. The number of orchid species equals about four times the number of mammal species, or more than twice the number of bird species. It also encompasses about 6–11% of all seed plants. About 800 new orchid species are added each year. The largest genera are Bulbophyllum (2,000 species), Epidendrum (1,500 species), Dendrobium (1,400 species) and Pleurothallis (1,000 species). The family also includes the Vanilla (the genus of the vanilla plant), Orchis (type genus) and many commonly cultivated plants like some Phalaenopsis or Cattleya.

Moreover, since the introduction of tropical species in the 19th century, horticulturists have more than 100,000 hybrids and cultivars.

Orchidaceae are cosmopolitan, occurring in almost every habitat apart from deserts and glaciers. The great majority are to be found in the tropics, mostly Asia, South America and Central America. They are found above the Arctic Circle, in southern Patagonia and even on Macquarie Island, close to Antarctica.

The following list gives a rough overview of their distribution:

* tropical America: 300 to 350 genera
* tropical Asia: 250 to 300 genera
* tropical Africa: 125 to 150 genera
* Oceania: 50 to 70 genera
* Europe and temperate Asia: 40 to 60 genera
* North America: 20 to 30 genera


A majority of species are perennial epiphytes; they are found in tropical moist broadleaf forests or mountains and subtropics. These are anchored on other plants, mostly trees, sometimes shrubs.

A few are lithophytes, growing naturally on rocks or on very rocky soil.

Others are terrestrial. This group includes nearly all temperate orchids.

Some orchids, like Neottia and Corallorhiza, lack chlorophyll and are myco-heterotrophs (formerly incorrectly called saprophytes). These achlorophyllous (i.e. nonphotosynthetic) orchids live on an ectomycorrhizal symbiosis and are completely dependent on soil fungi feeding on decaying plant matter, such as fallen leaves, to acquire nutrients.

Orchids are easily distinguished, as they share some very evident apomorphies. Among these: bilaterally symmetric (zygomorphic) and resupinate, a petal (labellum) is always highly modified, stamens and carpels are fused, and the seeds are extremely small.

Like most monocots, orchids generally have simple leaves with parallel veins, although some Vanilloideae have a reticulate venation. They may be ovate, lanceolate, or orbiculate and very variable in size. Their characteristics are often diagnostic. They are normally alternate on the stem, often plicate, and have no stipules. Orchids leaves often have siliceous bodies called stegmata in the vascular bundle sheaths (not present in the Orchidoideae) and are fibrous.

The structure of the leaves corresponds to the specific habitat of the plant. Species that typically bask in sunlight, or grow on sites which can be occasionally very dry, have thick, leathery leaves and the laminas are covered by a waxy cuticle to retain their necessary water supply. Shade species, on the other hand, have long, thin leaves.

The leaves of most orchids are perennial, that is they live for several years, while others, especially those with plicate leaves, shed them annually and develop new leaves together with new pseudobulbs, as in Catasetum.

The leaves of some orchids are considered ornamental. The leaves of the Macodes sanderiana, a semiterrestrial or lithophyte, show a sparkling silver and gold veining on a light green background. The cordate leaves of Psychopsiella limminghei are light brownish green with maroon-puce markings, created by flower pigments. The attractive mottle of the leaves of Lady's Slippers from temperate zones (Paphiopedilum) is caused by uneven distribution of chlorophyll. Also Phalaenopsis schilleriana is a lovely pastel pink orchid with leaves spotted dark green and light green. The Jewel Orchid (Ludisia discolor) is grown more for its colorful leaves than its fairly inconspicuous white flowers.

Some orchids, as Polyrrhiza lindenii (Ghost Orchid), Aphyllorchis and Taeniophyllum depend on their green roots for photosynthesis and lack normally developed leaves, as of course do all of the heterotrophic species.

All orchids are perennial herbs and lack any permanent woody structure. Orchids can grow according to two patterns:

* Monopodial: The stems grows from a single bud, leaves are added from the apex each year and the stem grows longer accordingly. The stem of orchids with a monopodial growth can reach several meters in length, as in Vanda and Vanilla.
* Sympodial: The plant produces a series of adjacent shoots which grow to a certain size, bloom and then stop growing, to be then replaced. Sympodial orchids grow laterally rather than vertically, following the surface of their support. The growth continues by development of new leads, with their own leaves and roots, sprouting from or next to those of the previous year, as in Cattleya. While a new lead is developing, the rhizome may start its growth again from a so-called 'eye', an undeveloped bud, thereby branching.


Terrestrial orchids may be rhizomatous or forme corms or tubers. The root caps of terrestrials are smooth and white.

Some sympodial terrestrials, such as Orchis and Ophrys, have two subterranean tuberous roots. One is used as a food reserve for wintery periods, and provides for the development of the other one, from which visible growth develops.

In warm and humid climates, many terrestrial orchids do not need pseudobulbs.

Epiphytic orchids have modified aerial roots that can sometimes be a few meters long. In the older parts of the roots, a modified spongy epidermis called velamen has the function to absorbe humidity. It is made of dead cells and can have a silvery-grey, white or brown appearance.

The cells of the root epidermis grow at a right angle to the axis of the root to allow them to get a firm grasp on their support. Nutrients mainly come from animal droppings on their supporting tree.

The base of the stem of sympodial epiphytes, or in some species essentially the entire stem, may be thickened to form what is called a pseudobulb that contains nutrients and water for drier periods.

The pseudobulb has a smooth surface with lengthwise grooves and can have different shapes, often conical or oblong. Its size is very variable; in Bulbophyllum (black orchids) it is no longer than two millimeters, while in the largest orchid in the world, Grammatophyllum speciosum (giant orchid), it can reach three meters. Some Dendrobium have long, canelike pseudobulbs with short, rounded leaves over the whole length, some other orchids have hidden or extremely small pseudobulbs, completely included inside the leaves.

With ageing the pseudobulb sheds its leaves and becomes dormant. At this stage it is often called a backbulb. A pseudobulb then takes over, exploiting the last reserves accumulated in the backbulb, which eventually dies off too. A pseudobulb typically lives for about five years.

Orchidaceae are well known for the many structural variations in their flowers.

Some orchids have single flowers but most have a racemose inflorescence, sometimes with a large number of flowers. The flowering stem can be basal, that is produced from the base of the tuber, like in Cymbidium, apical, meaning it grows from the apex of the main stem, like in Cattleya, or axillary, from the leaf axil, as in Vanda.

As an apomorphy of the clade, orchid flowers are primitively zygomorphic (bilaterally symmetrical), although in some genera like Mormodes, Ludisia, Macodes this kind of symmetry may be difficut to notice.

The orchid flower, like most flowers of monocots has two whorls of sterile elements. The outer whorl has three sepals and three petals are in the inner whorl. The sepals are usually very similar to the petals (an thus called tepals, 1), but may be completely distinct.

The upper medial petal, called the labellum or lip,, is always modified and enlarged. The inferior ovary or the pedicel is rotated 180 degrees, so that the labellum, goes on the lower part of the flower, thus becoming suitable to form a platform for pollinators. This characteristic, called the resupination occurs primitively in the family and is considered apomorphic. Some orchids have secondarily lost the resupination, like some Zygopetalum'.

The normal form of the sepals can be found in Cattleya, where they form a triangle. In Paphiopedilum (Venus slippers) the lower two sepals are fused together into a synsepal, while the lip has taken the form of a slipper. In Masdevallia all the sepals are fused.

Orchid flowers with abnormal numbers of petals or lips are called peloric. Peloria is a genetic trait, but its expression is environmentally influenced and may appear random.

Orchid flowers primitively had three stamens, but this situation is now limited to the genus Neuwiedia. Apostasia and the Cypripedioideae have two stamens, the central one being sterile and reduced to a staminode. All of the other orchids, the clade called Monandria, retain only the central stamen, the others being reduced to staminodes. The filaments of the stamens are always adnate (fused) to the style to form cylindrical structure called the gynostemium or column. In the primitive Apostasioideae this fusion is only partial, in the Vanilloideae it is more deep, while in Orchidoideae and Epidendroideae it is total. The stigma is very asymmetrical as all of its lobes are bent towards the centre of the flower and lay on the bottom of the column.

Pollen is released as single grains, like in most other plants, in the Apostasioideae, Cypripedioideae and Vanilloideae. In the other subfamilies, that comprise the great majority of orchids, the anther, carries and two pollinia.

A pollinium is a waxy mass of pollen grains held together by the glue-like alkaloid viscin, containing both cellulosic stands and mucopolysaccharides. Each pollinium is connected to a a filament which can take the form of a caudicle, like in Dactylorhiza or Habenaria or a stipe, like in Vanda. Caudicles or stipes hold the pollinia to the viscidium, a sticky pad which sticks the pollinia to the body of pollinators.

At the upper edge of the stigma of single-anthered orchids, in front of the anther cap, there is the rostellum, a slender extension involved in the complex pollination mechanism.

As aforementioned, the ovary is always inferior (located behind the flower). It is three-carpelate and one or, more rarely, three-partitioned, with parietal placentation (axile in the Apostasioideae).

Orchids have developed highly specialized pollination systems and thus the chances of being pollinated are often scarce. This is why orchid flowers usually remain receptive for very long periods and why most orchids deliver pollen in a single mass: each time pollination succeeds thousands of ovules can be fertilized.

Pollinators are often visually attracted by the shape and colours of the labellum. The flowers may produce attractive odours. Although absent in most species, nectar may be produced in a spur of the labellum, on the point of the sepals or in the septa of the ovary, the most typical position amongst the Asparagales.

In orchids that produce pollinia, pollination happens as some variant of the following. When the pollinator enters into the flower, it touches a viscidium, which promptly sticks to its body, generally on the head or abdomen. While leaving the flower, it pulls the pollinium out of the anther, as it is connected to the viscidium by the caudicle or stipe. The caudicle then bends and the pollinium is moved forwards and downwards. When the pollinator enters another flower of the same species, the pollinium has taken such position that it will stick to the stigma of the second flower, just below the rostellum, pollinating it. The possessors of orchids may be able to reproduce the process with a pencil or similar device.

Some orchids mainly or totally rely on self-pollination, especially in colder regions where pollinators are particularly rare. The caudicles may dry up if the flower hasn't been visited by any pollinator and the pollina then fall directly on the stigma. Otherwise the anther may rotate and then enter the stigma cavity of the flower (as in Holcoglossum amesianum).

The labellum of the Cypripedioideae is poke-shaped and has the function to trap visiting insects. The only exit leads to the anthers that deposit pollen on the visitor.

In some extremely specialized orchids, like the Eurasian genus Ophrys, the labellum is adapted to have a colour, shape and odour which attracts male insects via mimicry of a receptive female. Pollination happens as the insect attempts to mate with flowers.

Many neotropical orchids are pollinated by male orchid bees, which visit the flowers to gather volatile chemicals they require to synthesize pheromonal attractants. Each type of orchid places the pollinia on a different body part of a different species of bee, so as to enforce proper cross-pollination.

An underground orchid in Australia, Rhizanthella slateri, never sees the light of day and depends on ants and other terrestrial insects to pollinate it.

Catasetum, a genus discussed briefly by Darwin actually launches its viscid pollinia with explosive force when an insect touches a seta.

After pollination the sepals and petals fade and wilt, but they usually remain attached to the ovary.

Some species, as some Phalaenopsis, Dendrobium and Vanda, produce offshoots or plantlets formed from one of the nodes along the stem, through the accumulation of growth hormones at that point. These shoots are known as keiki.

The ovary typically develops into a capsule that is dehiscent by 3 or 6 longitudinal slits, while remaining closed at both ends. The ripening of a capsule can take 2 to 18 months.

The seeds are generally almost microscopic and very numerous, in some species over a million per capsule. After ripening they blow off like dust particles or spores. They lack endosperm and must enter symbiotic relationship with various mycorrhizal basidiomyceteous fungi that provide them the necessary nutrients to germinate, so that all orchid species are mycoheterotrophic during germination and reliant upon fungi to complete their lifecycle.

As the chance for a seed to meet a fitting fungus is very small, only a minute fraction of all the seeds released grow into an adult plant. Germination can take up to fifteen years.

Horticultural techniques have been devised for germinating seeds on a nutrient-containing gel, eliminating the requirement of the fungus for germination, greatly aiding the propagation of ornamental orchids.

A study in the scientific journal Nature has shown that the origin of orchids goes back much longer than originally expected. An extinct species of stingless bee, Proplebeia dominicana, was found trapped in Miocene amber about 15-20 million years ago. The bee was carrying pollen of a previously unknown orchid taxon, Meliorchis caribea, on its wings.

This indicates that orchids may have an ancient origin and have arisen 76 to 84 million years ago during the Late Cretaceous. In other words, they may have co-existed with dinosaurs. It shows also that at that time insects were active pollinators of orchids.

Using the molecular clock method, it was possible to determine the age of the major branches of the orchid family. This also confirmed that the subfamily Vanilloideae is a branch at the basal dichotomy of the monandrous orchids, and must have evolved very early in the evolution of the family. Since this genus occurs worldwide in tropical and subtropical regions, from tropical America to tropical Asia, New Guinea and West Africa, and the continents began to split about 100 million years ago, significant biotic exchange must have occurred after this split (since the age of Vanilla is estimated at 60 to 70 million years).

This find is the first proof of fossilised orchids to date.

The extinct orchid M. caribea has been placed within the extant tribe Cranichideae, subtribe Goodyerinae (subfamily Orchidoideae).

One orchid genus, Vanilla, is commercially important, used as a foodstuff flavouring.

The underground tubers of terrestrial orchids (mainly Orchis mascula) are ground to a powder and used for cooking, such as in the hot beverage salep or the so-called "fox-testicle ice cream" salepi dondurma.

The scent of orchids is frequently analysed by perfumists (using Gas-liquid chromatography) to identify potential fragrance chemicals.

The other important use of orchids is their cultivation for the enjoyment of the flowers. Most cultivated orchids are tropical or subtropical, but quite a few which grow in colder climates can be found on the market. Temperate species available at nurseries include Ophrys apifera (bee orchid), Gymnadenia conopsea (fragrant orchid), Anacamptis pyramidalis (pyramidal orchid) and Dactylorhiza fuchsii (common spotted orchid).

The term botanical orchid loosely denotes those small flowered tropical orchids belonging to several genera (not necessarily related to each other) that don't fit into the "Florist" orchid category. A few of these genera contain enormous numbers of species. Some, such as Pleurothallis and Bulbophyllum, contain approximately 1700 and 2000 species, respectively, and are often extremely vegetatively diverse. The primary use of the term is among orchid hobbyists wishing to describe unusual species they grow, though it is also used to distinguish naturally occurring orchid species from horticulturally created hybrids.

Amongst the most common orchids found in "casual" culture we count

* Anguloa
* Cattleya
* Cymbidium
* Laelia
* Dendrobium
* Phalaenopsis
* Paphiopedilum
* Oncidium
* Vanda
* Epidendrum
* Brassia
* Bulbophyllum
* Catasetum
* Sophronitis
* Miltonia
* Phaius

Taiwan, the biggest orchid exporter in the world, established the Taiwan Orchid Plantation, a science-based industrial park, in 2004, to explore novel ways of growing and distributing orchids. The renowned Taiwanese International Orchid Show, usually held in early March each year, is amongst the top three orchid exhibitions in the world. Taiwan is particularly famous for the production of Phalaenopsis, and is a member of the International Phalaenopsis Alliance (IPA). The Taiwan Orchid Growers Association (TOGA), a NPO established in 2001, acts as a bridge between the government and the local orchid producers and distributors.

The National Orchid Garden in the Singapore Botanic Gardens is considered by some to be among the finest collections of orchids in cultivation open to the public.

Orchids, like tulips, have become a major market throughout the world. Buyers now bid hundreds of dollars on new hybrids or improved ones. Because of their apparent ease in hybridization, they are now becoming one of the most popular cut-flowers on the market.

Friday, April 4, 2008

HIGH YIELDING INVESTMENT PROGRAMS

A High-Yield Investment Program (HYIP) is a type of scam. At one time, it was used to refer to an investment program which may have offered a high return on investment. The term "HYIP" was abused by the operators of scams to camouflage their scams as legitimate investments. Due to this overuse by scammers, HYIP has almost become synonymous with Scam or Ponzi.

Most HYIPs disclose little or no detail about the underlying management, location, or other aspects of how money is to be invested (often because money is not actually invested), and relatively little information (other than asserting that they do various types of trading on various stock and other exchanges) on how they actually generate the returns they purport. They are sometimes presented with some form of an emotional appeal, appeals for faith, and promises that they will help investors achieve financial freedom.

Online HYIP schemes rarely last for more than a couple of years and typically accept small deposits while promising astoundingly high returns. An overwhelming number of cases suggest that HYIPs are Ponzi schemes, in which new investors provide the cash to pay a profit to existing investors, which they typically then withdraw. This approach allows the scam to continue as long as new investors are found and/or old investors leave their money in the scheme, known as compounding (because even higher profits are promised). The SEC has said the following on the matter: "These fraudulent schemes involve the purported issuance, trading, or use of so-called 'prime' bank, 'prime' European bank or 'prime' world bank financial instruments, or other 'high yield investment programs.' ('HYIP's) The fraud artists... seek to mislead investors by suggesting that well regarded and financially sound institutions participate in these bogus programs."

The introduction of e-currencies has made it possible for HYIPs to operate on the internet and cross international boundaries, and to accept large numbers of small investments. HYIPs usually accept deposits by either e-currency, like e-gold, and INTGold, or use specialist third party payment processors like AlertPay, SolidTrustPay, CEPTrust, TriStarMoneyChangers and StormPay. HYIPs typically offer a significant incentive commission (for example, 9% of invested funds) for members to attract and refer new investors.

Arguably, the largest HYIP scam that has existed on the internet was PIPS (People in Profit System or Pure Investors). The investment scheme was started by Bryan Marsden in early 2004, (according to the Wayback Machine record of http://pureinvestor.com) and spanned more than 20 countries. PIPS was investigated by Bank Negara Malaysia in 2005 which resulted in Marsden and his wife being charged in a Malaysian court with 97 counts of money laundering involving more than RM77 million - US$20 million. Even after these charges were brought forth many of Marsden's followers/investors continued to support him and believe they would see their money some day. This behavior and denial could be seen and still is seen on hyip forums.

As a result of online forums and monitoring sites which have made HYIP investors more aware of their nature, a different sort of "honest" HYIP began springing up in the early months of 2006. Basically, the HYIP owner calls his or her program a "ponzi-structured game" where one should "not invest money one cannot afford to lose", and where there is "never a guarantee of earnings or refunds". They promise to pay out up to (for example) 95% of deposits, the rest going to hosting or other fees and the owner's profit.

In such "games", the first participants ("investors") may make a good profit and are encouraged to refer other people to the program because of referral commission, the fact that they have already made back their principal and are playing with profit, and that the more people who deposit money, the more money can be paid out to participants. In theory, strategies can be developed to maximize profit using these games (but, of course, since this is a zero-sum game, such strategies work by taking advantage of ignorance or errors by others). Some forum users may gain a reputation whereby others will trust their word that they have been able to withdraw their profits, encouraging others to invest in the hopes that more will invest after them and that they can therefore make a profit. As these games are by definition Ponzi schemes, it is inevitable that the vast majority of investors who are not at the top of the pyramid will lose their money.

These "games" might be considered as lotteries. However, the odds of winning cannot be determined, as one cannot know whether one is playing early enough to win money (that is, whether a sufficient number of new participants will follow). Thus, these activities are unlike a lottery or other forms of gambling, where a player has an equal chance of winning no matter when a ticket is bought, or where the odds of the game are known.

HYIP monitors, or HYIP listing/rating sites, are personal or commercial websites that list and/or promote HYIPs for referral commissions. The monitor charges each HYIP a listing fee which is usually then invested into that program, although there exist free listings and occasionally monitors which invest their own money. The monitor then labels the HYIP as "Paying" or "Not paying/Scam" depending on whether interest is received within the terms specified by the program. Monitors also allow other HYIP investors to rate and comment on the programs, based on factors such as promptness of payouts and responsiveness of the HYIP administrator. Programs with higher ratings achieve higher rankings on the monitor sites, which coupled with a "Paying" status may entice more investors who rely on the monitor.

In most cases, HYIPs only pay monitor sites to keep their "Paying" status visible, but do not pay other investors. As HYIP monitors are not affiliated with the HYIPs themselves, they are unable to prevent investors from being scammed; they neither help to recover lost funds nor track down the scammers. Promoting or perpetuating Ponzi schemes is a criminal offense punishable by jail terms or fines in most countries. That the monitor sites place disclaimers saying that they "do not promote the programs advertised on their website" does not absolve them from criminal liability.

In order to generate a "paying" status early (so that future visitors will see it) and maintain it for the longest possible time, newly opened HYIPs list their site quickly as well as constantly pay monitors their interest on time. Added to the fact that many monitors invest the listing "fee", and that a commission is received on each deposit made by people who visit the HYIP via the monitor, they are the most likely to profit when a program runs out of funds.

HYIP owners can manipulate monitors and forums, by paying people to comment positively or by using a range of IP addresses or proxy servers in different locations so that "paying" votes appear to come from around the world. This allows the HYIP to rise up the rankings more quickly than others, giving investors a false sense of security. Additionally, even if they know it will scam in the future, some investors will also rate new HYIPs positively until the HYIP stops paying, because they want more people to invest after them in the hopes that the program will last longer. Future scammers can also build up a good reputation on forums for a large payoff once most forum members trust them.

The problem is seen as many monitors appear only to make certain programs more acceptable and trustworthy. It basically shows the true face of the HYIP scene.

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