The Death of AGLOCO
Dear Steve,
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
No surprises here. I stand firm in my belief that the entire Agloco front was setup to collect data on millions of users with the intent of selling it for a large price tag at a later date. My suggestion is to login and remove any personal information and uninstall the viewbar from your computer.
This proves time and time again that there is no such thing as easy or free money.
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I got the same email today too!
I am not at all surprised, they sounded like nothing more than a large click-fraud ring to me.
Definitely not surprised. I never bothered with them. I’m just surprised they even notified anyone.
Maybe I should have waited for this entry instead of posting on an the older “Agloco update - lots of smoke no fire”. Difference in time zones I guess. Anyway, I don’t think it’s a big deal that Agloco went under. It’s certainly not the first one and it won’t be the last. At least nobody had to purchase a membership or stuff like that.
Those that promoted it did it because they thought it was a good idea at the time. It was their choice. And like all investments, you can’t get it right every time. I’m just happy that I didn’t put too much time into it and that I didn’t have a downline to disappoint
The one things I could not understand was how they actually count your online hours. I surfed for quite long once and then still only the 5 initial hours were reflected. Well, no point trying to know now I guess.
I wonder if they used the AllAdvantage.com business model.