Saturday, October 08, 2005

October 8 2005 Updates

L&H Fund - Just a reminder, if you make a deposit on two different occassions, each of them will be treated as two different investments. This program still looks good. Once I got my principles back, I will turn compound on/off every other days.

Online Earning Center - Very interesting concept program. It is worth a look. It claims "providing you the knowledge, tools, services and the training to make an extra $100, $300, $500 or more every month.....without spending a fortune or working more that a few hours every week." It is added to my program status list.

12DailyPro is getting better everyday. I got my fifth payment to my e-gold account today. Wow! That is not bad at all. Since you can upgrade twice during the upgrade period, the way to play this one is upgrade once, then after 6-days, upgrade again. That is how you optimized it, and that is how I play it. This is a risky one, but I will play it until it dies.

Seems like 4Daily is having a bit of growing pain, here is the inserts from its forum.
We have been very busy brainstorming and considering all of your suggestions about getting 4Daily.com back up to full steam as quickly as possible.

Although we are growing steadily, it is not fast enough. You know that we have a large backlog of payouts to make and we are trying to find ways to bring that under control so that we can move on.

Our percentage idea last month did not work because the demand for funds was way too high.

There is no doubt that uncertainty about payouts is continuing to hold us back.

So, I would like your opinion on the following ideas before we implement them.

1. For the time being, we have stopped allowing upgrades from earnings. I consider them to be the same as taking a payout and paying it back in, but we have stopped them for a month or so while we test the effect.

2. We have also stopped members from upgrading their referrals. This will remain as a permanent change.

3. We have had many suggestions to stop giving free upgrades to new members. Instead, free member earnings will no longer be paid out in cash. They can be used to purchase credits or banner ads only. Free members can overcome this by buying a $4 upgrade from their own funds.

4. The payouts in October 15 will be made only to members who have not yet earned their money back. All members who are in profit by payout day will not receive a payout this month. This means that all recent members and those still in a loss, WILL receive a payment if they have $8 or more in their Cash Balance. Some members will get just enough to put them into profit.

5. Even so, our available funds will probably not cover the full demand this month. We will apply a "cap", depending on the final position on payout day. It currently looks like the maximum payout will be around $200.

Regarding point 4, you are in profit:

(a) if the total of the cash payouts you have taken

(b) plus the total of the earnings you have spent on upgrading your account or referrals (which you theoretically could have taken)

(c) is greater than the total amount of cash that you have paid in from outside funds.

We are not including current cash balances in the "profit".

Depending on the way these moves affect growth, we may need to repeat something like this next month. The aim is to get all members into a profit position as quickly as possible.

Please reply here with your comments and suggestions about this plan.
_________________
Jim Hunt, CEO
http://4Daily.com

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