Yeah but that's fine as long as you've got at least some kind of downline. There are search offers etc that won't be limited to 5 hours.
I once got right into a similar scheme, netbux.com. I had accumulated some $200, and then the site shut down. Thats when i lost all faith in these kind of schemes. I promised myself i wasnt going to waste any more time with them. Just broke my promise Im going to give this a shot. Im a little more confident knowing that i will be one of the earlier members, because most of these types of things ive been involved in, it was only the earlier customers who recieved a cheque.
netbux claimed they would pay out way more than they could have been making. Agloco gives you shares so if they're making profit you'll get a cut. I don't believe they'll just shut down owing people money; the risk is the shares will be worth very little if the advertisers aren't willing to pay much. It's a gamble but a worthy one in my opinion if you don't mind the time. Plus the founders aren't anonymous, I really don't think they've started up with the intention to scam people - they want a successful business so they can continue making money and keeping everyone happy.
I found this to be interesting from the FAQ: 12. When can I sell my shares? Once AGLOCOâ„¢ is public, Members will be free to sell their shares through the stock exchange. (see Cash and Shares). Has some interesting implications. Has this sort of thing been done in the past? Wouldn't that mean that the person who has the most referals/downline becomes the majority shareholder at the time of an IPO? And wouldn't the users have to be intensly involved in any such IPO, since they are the "shareholders/owners" of the company? When you start dealing with the securities end of this whole thing, it just seems to get rediculously complicated. And the fact that they have next to no legalese regarding the securites stuff makes me a bit skeptical. The only thing I saw that came close was a statement on their Terms of Use, that says: 12. License; Reservation of Rights; Not A Securities Offer. Except where otherwise noted, we are not providing you with any other implied or express licenses and you will have no rights to make any commercial uses of the website, its contents, or other related materials without our prior written consent. You understand and agree that nothing on this website should be considered an offer or solicitation of an offer to buy or sell securities. With no real definition of the Stock, I'm skeptical. Then again, I was skeptical about the Google IPO too.. LOL.. Who knows, whether I sign up or not, it will be interesting to watch this thing and see where it goes. Update: I did find this tidbit, which would explain a lack of any legalese. The way I translate it is that as a private company, they don't really need any legal information yet, because the shares are defined however the heck they feel like defining them. As a new company, AGLOCOâ„¢ is a private company that is not traded on any stock exchange. We are exploring public offerings of the stock on various major global stock exchanges as a means to facilitate the issuance of shares to Members.
I don't really understand how the stock market works too well. Is there a finite number of shares? And since people will probabally not get much unless everyone clicks on the ads (otherwise how does the company make money) would it end up eventually being each share is worth a fraction of a penny?
Google will suspend your account if you are using Adsense if you use autosurf. I have been warned and, thankfully, it was just a warning.
Has anyone found they don't get referrals during some periods / haven't got any today? or that their rank rises without getting referrals?
Sounds great! If you click on the ads they have on the bar (ie view spiderman 3 trailer) does that payout as well?
I can tell you know that if it is a SCAM then don't bother joining them. How do you think there are so many SCAM's around. One of the reasons is because people join them and then figure out they are a scam and then just leave the program and do nothing about it. No the scam owner will still be profiting from your earnings and will not pay so they will earn money out of it and you will not. This gets around and that is why more scams get done just because they know that many people do not report it or do nothing about it that these scammers then try and invent more scams. That is the way the PTR industry and PPC Search Engine industry went and other industries will also follow suite if nothing is done. I use to get checks every month from PPC Search Engines and use to earn a good amount of money from them, but then alot of the ppc search engine owners started to become youngsters and were scamming people, plus alot of people joining them were also scamming the search engine owners, so it was a 2 way split sort of thing. I would prefer to keep out of these programs as they use to be scams and most probably still are.
AllAdvantage was not a scam. They paid a lot of money to their members. A lot of people did not receive their cheques but that was in the end, when the company fell. I also look at Agloco form a businessman point of view: I have nothong to loose. I post regularly on forums anyways so I don't see why I shouldn't take advantage of this and get more recruters. There are also other free ways to promote agloco. I am willing to risk 30 minutes a day to promote the system. Wors case scenario: I don't get paid. But what if there is a slight chance that I will get paid and I will get a few hundred dollars a month from Agloco without doing anything? Have you ever thought about that? In any business, you won't succced if you won't take risks.
Yep, you are right about taking risks. I have taken many in my time. If you and others want to try this program then it is up to you, but I will not. But just because I will not don't mean anything really. The main reason's why I will not try it because I have been burnt many times before in the Paid to Read, Pay Per Click Search Engine, and Paid to Surf industry. I have been there, done that, and found it more hassle that what it was worth. No matter what program you help to promote on the Internet if it is paid to surf or Adsense, there are still risks involved, but with some programs the risk factor is much higher than others. So I prefer to work with programs where I know there is a high chance of receiving money and getting something out of it rather than putting work into programs that may not succeed.
Thats exactly what concerns me about getting into it. You would think they would have a bit more legal definition about their stock and ownership, etc. Also, somebody brought up the point of whether or not there are an infinite ammount of shares to be handed out, or what? I'm not an expert in stocks by any means, but I know when you are dealing with stocks there usually needs to be a very strict legal definition of everything you are doing. I don't see that with these guys (yet). I'd guess they probably don't have that part figured out right now, and will do that if or when they need to, but that isn't entirely comforting for me to invest my time into something.