The time has come for a long overdue Admin Update as to the status of our sites, both 30D-Ads
and Club 2 Profits.
As Ubaid has left us and both sites are now solely mine, I will send out a common Admin Update
for both sites to save time and resources.
Since 25 April 2008, I have placed 30D-Ads into a hibernation period and restructuring phase,
and recently as of 15 June 2008, I have also placed Club 2 Profits On-Hold with the resignation
of Ubaid.
Funds were limited from both sites for me to work on our recovery plans but fortunately, I am
able to combine the funds from my personal investment vehicle, NetBizMedia with the limited
funds from both sites to speed up our recovery processes.
Along the way, there were many obstacles which further side-track and slow down my recovery
processes, however, I have refused to submit to all these pressures and obstacles.
I have pushed on with my commitments to all my members of both sites that I will pay every
members their dues, Ad-Pack purchases plus earnings and also interest at 1% a month as in the
case of 30D-Ads members.
The good news every members of both sites want to hear are our recovery plans have been
grinding along well and fine and finally I am able to commit deadlines for commencement of
payments for both sites. I have updated the front page of both sites to reflect the timings
involved in my payment processes.
I need about $35K to $38K to pay all members of 30D-Ads and about $15K to $18K to pay all
members of Club 2 Profits. Payments for 30D-Ads members will start from August 2008 till
November 2008 (over 4 months) and payment for Club 2 Profits members will start from September
2008 till November 2008 (over 3 months).
I will pay all Site Admins first follow by members in order of seniority according to their
referral nos, meaning member with referral no. 1 get paid first and last member who join our
sites get paid last. No worry here as everyone will be paid ultimately over the 3 to 4 months
period.
I am committing to spend about $10K for 30D-Ads payment plus over $5K for Club 2 Profits
payment every month to meet the above deadlines.
By the end of November 2008, all members of both sites will be fully paid, by which time I
will decide on the future fate of both sites - to reopen with new, realistic and viable plans
or close both sites for good and retire from this industry.
Just read the update from *Roger* edited to add wow I was not reading it alone
This part especially since when are admins NOT seen as just another member? Only difference I can see is they make far worse choices. They risk members money where they could risk it themselves.
Quote:
I will pay all Site Admins first follow by members in order of seniority according to their referral nos, meaning member with referral no. 1 get paid first and last member who join our sites get paid last. No worry here as everyone will be paid ultimately over the 3 to 4 months period.