Any good news from Agloco Referreal Program? Well so far there is still status quo about the much awaited progress on the program, The last news from the company's official blog was on October 12 :
"At this point,we would like to give some feedback on some of the ideas and thoughts given.
Is the payment plan posted last month a permanent plan? No – as noted in a comment we made this is a plan we wanted to implement now to show Members that even though AGLOCO is currently losing money the hours they are putting in now would be compensated. Our website states that we will make no distributions until profitable. We could have considered a plan that the June, July, and August hours would be paid zero since no profits were forthcoming. We felt that would be an unfair plan to those Members who were supporting AGLOCO in its startup period. That is the purpose of this initial plan.
Can the payments be sped up? Of course they could – although the idea we were considering was making additional ‘bonus’ payments to the early hours (June, July, August, etc 2007 hours) when and if additional funds became available.
Should AGLOCO borrow money to pay Members? We believe this would be a critical error for AGLOCO. Giving out money that it was not earning was the downfall of AllAdvantage and we believe that spending only what AGLOCO makes is the best course for long term stability."
Well as the time passes by, it has been couple of months since we have installed the Agloco viewbar. We strongly believe the company is doing its best to keep the promise. Good luck for them and for the Agloco members too.
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