Sunday, October 18, 2009

Sunday

Well I'm glad I posted what I posted on Friday about AdRebatesPro. Saved someone from making a mistake and joining now.
Things don't look good from where I sit. I've had a pending payment stuck in there since Thursday, and even sent in a support ticket to give Diane additional pay processor ID's in case one was out of funds. No go. Shoot!
What's weird too is we've not had any further communication from her. No updates, no posts or visits in the forum. Nothing, nadda, zilch, zip. Did I say enough?
P.S. hope I'm wrong and things turn around.
P.P.S. If it turns out that am right, I apologize to those of you who may have gotten in too late to at least earn your 'spend' back. I honestly thought this would go on longer than it has. Well, still keeping my fingers crossed. Can't hurt.

OK so maybe it ain't over till the fat lady sings ...

"
Hello Judy,

As you may have noticed, our latest improvements didn't returned the expected results. Most of the members,instead of seeing the long term goals of the program, made their fast exit trying to withdraw as much as possible. Due this, the daily ROI had a 'nose fall' from a great 10% to a embarrassing 0,x% . I tried to fulfill most of the remaining payments until all funds were exhausted.

One of the biggest mistake was leaving the compounding without any limit, so in this way hundred of members abused of it, maximized their level 'on paper' and shattered the program with big cashouts. I wish I had stopped the compounding sooner, but I was afraid people will misunderstand this move, and caused bad to program. Thats why I tried to leave this option as long as possible, trying to recover.The compound option is healty when members combine their purchases from balance, with purchases using payment processor funds, so the cash flow is constant or better, on an upward trend, but when the percents were around 80% upgrades from cash balance, and only 20% using real money, the end was dramatically approaching ...

We are looking for ways to reinvigorate the program, but I want to see support from members. I am sorry for not coming with updates sooner, I am very disappointed too with the latest changes but we are looking for ways to recover so stay tuned for further news.

Thank you for all your help,
Diane"

*******

3 comments:

HermitJim said...

And another one bites the dust! Getting o be a routine, huh?

Oh well, we all know going in that this can and will happen!

blondie said...

Not quite yet.
I think the problem is too many are learning to do the hit n run routine. Hurts those who can only start small and try to make a go of it. She might be able to bring it back. Guess we'll see.
(wave)

Anonymous said...

I wonder if the recession is to blame for the hit and run effect. It's a shame people don't trust the programs they have invested in and reinvest to keep it going. Cheers, Martyn