Poststoriches.com has also been closed..oh..

moneytree - picture of moneytree
@smilyn (2964)
United States
September 11, 2008 8:00pm CST
Poststoriches.com is a paid to post site that gained popularity within a short period. It started just few weeks back and many mylotters have mentioned it as a best site for earnings. I think many of the mylotters are members at that site too. Yesterday when I tried to visit the site, I found that the site has been closed. Few members have requested their payments too.And thus there is yet another site being closed due to lack of funds..Are you a member of that site? Have you got your payments?
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9 responses
@KrauseHome (35514)
• United States
14 Sep 08
Well, there have been many many sites that have started in the time I have been a member here in myLot that claim to be Good sites, and claim they can pay more than we can earn here in myLot, but the problem is when they end up having people earn more than they are taking in, and then they have to close the site for failure to be able to pay. I actually am LEARY now of most sites, and prefer to stick with myLot mostly because of this. Just my thoughts.
1 person likes this
@smilyn (2964)
• United States
15 Sep 08
That is true..When a site is recommended by many members, the number of users to the site would increase at a higher pace. So naturally it becomes very hard for the admin to pay all the members in the very first month itself, when they don't have high returns at that period. So only many sites close within weeks of their launch.
22 Sep 08
Hello Im the owner of Posts To Riches / IP Community. Of course, Your right in saying Posts to Riches hit the dust just like many other sites, It was a nice concept. Post and get money, What i didnt intend to happen is the amount of people abusing the system and began to become too much work moderating, I'd spend hours a day sorting stuff out and having no return, in the meantime the second site i launched was getting payments daily to fund it, so rightfully the failing site was closed. Sorry if any of you didnt reach minimum payout on Posts to Riches to be elible for a free premium upgrade, I would if i could give all previous members of the other site a free option for this but financially it wouldnt be stable enough for IP Community to support that many users Hope to see you all at IP Community and hope that no trust has been lost, Cheers.
1 person likes this
• Philippines
12 Sep 08
Good day... Well another one bite the dust. I have heard about this site and I was actually referred to it. I decided to observed first and noticed that they wee still a very few members compared to mylot. I decided then not to join yet. I think I made the right decision for not investing my time and sticking here at mylot as my primary online leisure and sideline.
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@smilyn (2964)
• United States
13 Sep 08
Good that you did not join the site and loose all your time and effort. Mylot is more reliable and fun to be.
@oiixdaii (1059)
• Philippines
12 Sep 08
I suggest we stick to Mylot. This site has been running for more that two years already and I think their payment scheme is just right. If you find a site that offers a too good to be true payment scheme, I'm sure that site will not last.
@smilyn (2964)
• United States
13 Sep 08
Your statement is half true. When a site promises easy money, it cannot last long. The number of members would be increasing day by day, but the fund flow to the admin will not be the same to pay everyone..
@mysdianait (64058)
• Italy
12 Sep 08
Too many users mentioned it! All too eager to join saying it was trusted etc. I well remember. How can anyone say a site is trusted only minutes after launching??! I did not join because it was not a tested site and kept changing the rules within the first days of launch. I feel that a good, trusted site would already have its rules sorted out BEFORE launching. I'm sorry for those users who lost out but maybe they will learn something forom their experience and not jump on every site that opens!
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@smilyn (2964)
• United States
13 Sep 08
Few members have recieved their payout in the first month.. That time the payout had been a minimal one. Later it had been increased. But I generally read more positive comments about this site till I knew that it has been closed.
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@Sean_Jean (269)
• Canada
12 Sep 08
I remember this website, everyone said it was a great website. I was about to sign up the other day but forgot. And now its closed? Wow.. That must really stink for the people who had alot of money on that website :\
1 person likes this
• India
12 Sep 08
Some time back I have already cautioned the members about this site. I was a member of that site and I have earned there about 4$ and while I was posting there an other post I found that my earning is missing and I was being shown as suspended. I there and then opted to stop and I have stopped I was fearing that this site is not legitimate and now the cat is out from the bag. How do you see it please comment.
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@smilyn (2964)
• United States
13 Sep 08
Actually I feel that your account would have been suspended because of violation of any terms of the site.. Because the admin of poststoriches is a honest man. He had implemented a good strike system in the site, which was like giving alerts to the members about the violation of the site rules. Other than the lack of funds,I don't think the admin would have any other intention. Otherwise he would not be giving premium account offer to the members who had redeemed their payments.
@mscott (1924)
• United States
12 Sep 08
I just posted this topic about 10 minutes ago with the message that is displayed when you go to the site. I only just recently found that site so I didn't lose anything other than the opportunity.
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@smilyn (2964)
• United States
13 Sep 08
Oops..I did not see your discussion..If I had noted yours, I would have avoided this discussion of mine..Anyway, good that you had not joined the site.
@Shawchert (1040)
• United States
12 Sep 08
they are giving the people that are at payment a premium to something else it seems, to me I don't really care, I like mylot a lot better than that place. there was way too much going around and just everything was jumbled up. So I stopped going there I think I got 20 something cents there. I liked their idea, it was much like this one but apparently it didn't go so well as they weren't getting what they needed to keep the site up and everyone paid.
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@smilyn (2964)
• United States
13 Sep 08
That is true. That was a new site indeed. I even heard that they kept on changing the forum rules even after launching..Good that you did not spend your time there. I do't think almost all members who redeemed payout have been given the premium offer.
• India
22 Sep 08
I thought one day it will stop its shop because there are so many irregularities with them. They have eaten my 4$ I earn there without giving any warning about abusing the rules. They could not compete with my lot. My lot is the real site where we can express without fear.
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