AGLOCO no longer can pay members

@rracers89 (3246)
United States
December 10, 2007 8:29am CST
Just received this email We would like to update you on the status of AGLOCO's operations. We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs. As a development team we are unable to continue to use our savings to fund the operations. If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at agloco1@live.com . We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user. We hope that we can find a way to keep the operations going. AGLOCO Development Team
2 people like this
5 responses
• India
10 Dec 07
I had joined the site. I downloaded their toolbar too. I did not spend much time on it though. So it has conked? It started with a big bang. Everybody was trying to refer everybody to Agloco.
1 person likes this
@rracers89 (3246)
• United States
10 Dec 07
Yes, i guess it has conked out. I got this email from the this morning. I know there are referall links for it all over the web.
• Hong Kong
11 Dec 07
I also joined the site. It is bad to hear that it doesn't pay.
1 person likes this
• United States
10 Dec 07
Glad I never joined that site. There was another site I was a member of that shut down December 1. Glad I didn't spend that much time with them. I would have been wasting my time. I'll stick with CashCrate. They pay the best IMO and their offers are 100% free and I usually make the minimum payout of $10 within a few days of the first of the month.
1 person likes this
@rracers89 (3246)
• United States
10 Dec 07
Yes i agree i signed up months and months ago before they even had the tool bar out and when the tool bar came out i never went and downloaded it. Now I am glad i didn't waste my time on it.
@az03r4 (914)
• Indonesia
12 Dec 07
yeah, I agree. I have decided to hand up my participation on that, and have removed it's viewbar.
• United States
10 Dec 07
I saw this one coming as well. But I don't believe they are bumbling idiots. I'd say this was their plan all along. With a membership base as large as theirs, I'm going to guess that they will sell the site for at least 5 figures, if not six. They'll make money but no one else will.
1 person likes this
@rracers89 (3246)
• United States
10 Dec 07
I was thinking about that to, how much they will sell all there members and there information for.
@sergeantrom (5711)
• United States
11 Dec 07
What a shame. Glad I got out early. Sometimes you just feel it in your gut.
1 person likes this
@steerforth (1802)
• Italy
12 Dec 07
Agloco is a great scam, I didn't believe that it could be a scam.