AGLOCO Scam

Will a failing business modal suddenly been resurrected after a few years without change in consumer behaviors? Is there any reason to believe that what can’t be achieved by AllAdvantage and its peer such as Spedia, CashSurfers, and many other busted get paid to programs before dot-com bubble busted in 2001? AGLOCO, a paid to surf program reportedly started, again, by AllAdvantage founders that hopes to regenerate the buzz, and survive with sustainable income revenue, had failed, as expected.

AGLOCO sends out email to its users to announce the inevitable failure.

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

Why AGLOCO sends out ‘look for capital’ emails to its members is unclear, as I am not sure if any of its members has enough money to inject to the company. I suggest AGLOCO should go to Wall Street and looks for investors who have millions to burn instead, who, on the other hand, have probably shunned them. One thing is certain about why AGLOCO just won’t picks up. AGLOCO fails simply because advertisers are not Santa Claus who give out money. They’re looking for return to their ads spending, and AGLOCO members, who look for free money and easy money, just won’t spend a dime.

One thing is for sure though. AGLOCO is another scam. And in some sense, it’s a worse scam than AllAdvantage. At least AllAdvantage did some payout to its members and made rich some early birds. And itf you’re waiting for payment from AGLOCO, keep dreaming. Your hours and points will likely go into thin air and bust when its operation ends.

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This entry was posted on Monday, December 10th, 2007 at 4:37 pm and is filed under Internet Revenue. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.