Pay Per Click (PPTC) Websites I think that a lot of them such as sharebux.org actually rely upon people not reaching the cash out requests? – I think this especially with sharebux.org because they use a type of share system. For example: I paid something like $10 for over 10,000 view ads, I now have 6282 of them left in my advertisement account currently paused. Now based on that each member who clicks on my ads will get one share at the current rate of $0.0051 = a payout of $32.0382 to 6282 members? – How on earth is this profitable. I think they rely upon a few users to signup to the site click on a few view ads like mine and leave again, these members never reach payout minimum and so this ‘virtual’ money basically sits in their account never ever being actually paid. The sale of PTC sites? – A BIG SCAM. I think the sale of PTC are scams basically, you have such a profitable website making $xxx amount each month yet you want to sell it? – why this is because you know these ‘payments’ to users will soon catch up with you and of course you don’t want to pay them out because you can’t afford to... It’s like for example say sharebux.org is for sale (oo it actually is isn’t it) – and well you’ll sell it for say $4000 (which is currently the price on sitepoint for this site) Now the new owner thinking it’s really profitable because your getting $xxx in advertisements each month, thousands and thousands of uniques a month etc will pay that for it and then later discover it’s bust.. Now i have spoken with the owner of sharebux and he assures me that any payment requests made will be paid before the site is handed over.. ok fair enough but what about the $xxx amount sitting in all members accounts that haven’t been paid yet because of not reaching the minimum payout? Jordan the current owner made the comment of ‘Well $1 isn’t a lot really and so anyone that has money in their account has less than that’ – rubbish, once you make the first payout of $1 it goes up to $2.50 and so on.. up to $10 i think and so you may be buying a site which has say 1000 members + with $5.528462 sitting in their accounts... In some of these cases the owner should either discount the site saying “ i have taken $300 off of the asking price or sale price so that, that amount covers the outstanding payments†or at the end of the auction says here’s the paypal account e-mail addy and login details you’ll find the company has $300 sitting in that account ready to pay members... but wait, would they do this? Do new buyers of the site realise they could be buying a lemon? – more likely not, they see the big flashy figures of $xxx amount and thats why they buy it... PTC Site Policies Know when i say this it covers all PTC sites but i will make references to ‘shares’ and things which relate to sharebux as it’s a little different. I want to see all PTC sites having policies that state how long the site is going to remain live online (minimum) – the new owner and existing owner must agree to this as a type of security for members so that they know oh the new owner keeps the site online for X number of years, i’d hate for the site to sell $xxxx in view ads, close the site and bugger off with the money.. Also i want contact details, name + address, e-mail address, telephone number of the owner of the site, so that when he/she does decide to close down the site i know who to chase for my $2.50 sitting in my account at the time of closesure... Now sharebux has those problems + more, they have shares and sharetickets which need to be included in such a policy... I think sharebux is a really good idea but not profitable with the idea of shares being able to go up and go down.. it isn’t profitable (at the moment) but perhaps could be made possible... on the homepage it displays: “Earning With ShareBux ShareBux respects it's members, and therefore we present them with shares in our company for completing simple tasks such as viewing ads and registering at websites. These shares can be kept to use as votes in company decisions, the users control the company! The shares can also be sold for the fluctuating price reflecting the companies total profit.†Well the site has been sold secretly twice down and i thought as a member of the site with shares in my account i’d be able to vote to sell the site to another owner? – in the real world the new owner buys the shares from the shareholders and thats what he gets charged... instead Jordan will sell the site for say $4000 and take that money away from him even though it should be divided up by the members of the site? – because he doesn’t really own the site does he, the members do. Can you imagine in the real world, a company buys another company out and says “heres $4000 to buy the shares off the shareholders†but the shareholders never receive a penny? I think it was a good idea but a bloody stupid one by the owner of sharebux.. especially to go around saying members own and control the company etc.. haha.. idiots... they need a policy and fast.. if you don’t agree with it and leave the site that any money owed to you should be paid.. any advertisements (view ads) you have left should be converted into $$$ at the current share rate and returned to the advertisers.. it’s going to cost a lot of money to set these things out straight before the site can start running properly.... http://marketplace.sitepoint.com/auctions/36410
I see Jordan has now closed the site.. oweing lots and lots to users of the website.. Including me... If I do not get my money I will do everything in my power to trace the identity and location of this person.. Pay Up!