Wednesday, September 12, 2007

AGLOCO update on payments

This is another AGLOCO update (I got it from the comment section) that I think is relevant with regards to Payment. To those of you who have no time to read the AGLOCO official blog (especially the comments section), here it is...

AGLOCO Official said,

September 10, 2007 @ 3:54 pm

New post has been ready for days – waiting for partner PR department approval (they have promised tomorrow).

Alfred – you are very close with your comment
Win 98 – quick fix offered by a Member failed so it will have to wait for time with our tech team
Member payments - official comment not in next post but should be in the next two weeks
Yes Member signups have continued at the same pace this summer – actually September is a little higher than June was
All tests of the hours has shown no problems with September counts – remember it is active surf time – check green light

More – hopefully tomorrow


To those of you who are wondering what is inside Alfred's comment. Well here it is...enjoy reading


Alfred said,

September 7, 2007 @ 3:25 pm

Been reading the blog today - and it seems I have some thoughts on agloco and some of the comments.

BRYAN WARD - agloco does not have to go public for early members to be winners - when agloco starts paying monthly payments for the hours already booked then those hours will have quantifiable value. Brian has said that one thing agloco will do when it starts making payments is pay hours every month. Meaning the hours I owned in June will get paid every month after payments start.

Even if the monthly payment is 1/2 cent a month (something even the skeptics may think is possible) then My Hours from June will have significant value. If an hour will earn me 1/2 cent a month that is 6 cents a year - how much is that worth if I sell the Hour - probably more than 50 cents (even more if the 1/2cent monthly payment looks like it will rise over time.)

Will agloco let me sell the Hours - maybe not now - but they will eventually - It costs them nothing and it will allow those members who want to cash out early to do so.

So you see - things like needing to go public - or needing a huge one time payment are Not Necessary for me to have made good money with my June, July, August and now September hours.

Money is usually made Not Following the Crowds - just ask Warren Buffett. Agloco is doing fine. I am happy to earn Hours with almost no effort at this point. I use the viewbar for searches all the time - it is handy.

I see that new sign ups are good and alexa ratings for agloco are fine. So my advice - be patient - you are expecting a company that launched its product in beta three months ago to make a profit of millions of dollars so you can get $0.50 an hour for doing almost nothing. One - it is not going to happen – And Two - But more importantly - it is not needed for all our work to pay off and pay off well.

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