Agloco is Dead

so lame. seriously, they shoulda had this together last year. LAME. i don’t even have any other word for this. lol

Yeah as much as it sucks to say, I think you are right… the 10 year plan its a total joke. I don’t think they will be around another year…

When I first read the post on the blog I was happy to see that they were paying out.. until I read to the 10 year payout. What a joke.

I think there will be a lot of “Told You So” action soon.

I was wondering a couple of days ago what had become of Agloco as it has been really quiet about them. I hope not too many people spend cash on trying to get referrals.

Time to give Agloco the heave-ho by the sounds of things, very poor payouts.

Ya. I was never confident on this very program.

Glad I didn’t waste time pushing it.

Bob,

Good post, remember the saying, “too good to be true”!

Actually, it’s $20 first month, then $40 second month, then $60 3rd month, etc.

Because in month 1, I will get June. In month 2, I will get June + July. In month 3, I will get June + July + Aug. And so on.

I really don’t like the payment plan and emailed the AGLOCO founder about it. Expect it to be changed.

Hey you have been nominated for Blogger Rookie of the Year at Blogging The Movie

I knew there was a reason why I didn’t follow the hype.

But you know, you need to ask yourself something…

What if…

What if it had really succeeded? What if AGLOCO had taken off? Then those that did not take the chance and did not follow the hype would have, to be completely blunt, been shit out of luck. Here’s how I see it:

AGLOCO currently looks like they are screwed. The fact that they are operating in the red makes me question just how smart those individuals that manage the company are. But, then I thought about it…I met a woman once who ran a couple of restaurants and she told me that it normally takes TWO years to turn a profit on a restaurant. The owner is constantly in the red because it takes time for things to grow.

So, you may be asking me…What the hell does that have to do with AGLOCO? The answer is real simple…

We’re the owners of AGLOCO. No where did they say that we were hired people. They told us that we were part owners. That’s why they were going to offer stock and that’s why the early members were considered the ‘founders.’ Technically speaking, aren’t we just doing what every other company does when they first start? Thinking in the interest of the company and not ourselves? Any business person, if they intend on really succeeding, works HARD on their business even when they are not making much money. Why? Because they know in the future, they will succeed.

Do I think AGLOCO is dead? No. Do I think their payment system blows? Yes. Do I think that they need to revamp some things to succeed? Yes. However, I do not think that a company that is just around a year old is dead. I think that it is going through the same bumps and jumps that a lot of starting companies go through when they start. However, the one difference is that this company has a considerable number of investors who have yet to make a return and that sometimes happens. Since we’re not LOSING anything, there’s really nothing to complain about. A little viewbar? A few blog posts? Five minutes to e-mail your friends? How is there anything wrong with that? For the chance to make some money? Sounds good to me.

Nice post.

The Agloco Resurrection was always going to be a tough one. They were pushing sh.t uphill from the start.

Doesn’t look like it has the advertiser bucket size or the right reward system for users.

I’ve been enjoying your site Bob, keep it up.

Cheers.

Yeah, the payment plan is ridiculous. Disgusting.
After being supportive for 10 months, it makes me look like an idiot now.

They can either change the payment plan or go to hell.

Actually majority of members already “un-installed” the viewbars from
their computers already. I think only less than 20 people from my
network (out of 4,200+) are still active (judging from the hours earned).

Yesterday, I posted at ShoeMoney’s blog and declared that I’d “lost”….
….am an “idiot” now.
What a joke, Agloco!

Someone commented about agloco is that you need to use the toolbar yourself to profit 100% of your referrals hours to maximize the profit

anyway to hear agloco lose $100K is just crazy. it goes to show no one is believing in agloco plan these days

too much hype, little result. gonna stick the affiliate link in my blog the next few months before i pull the plug

Kumiko at Cashquests was right about Agloco then. Didn’t sign up for it myself either.

Of cause we all were dissapointed with this 10 years paymant plan.
But, the truth is also, that Agloco could begin to pay only, when they should make profit (positive cash flow). This week we are waiting for payment plan for September. I suppose it will be much ‘kinder’ that for those first 3 months. I think , that the most ‘angry’ members are those, who invested money to promote Agloco. And, if somebody invest, must know , when he can expect his money back. I am sure nobody promisded them they will get money back in few months.

I very agree with Jacob (2007-10-03 13:01:32)

cheers from Portugal

I only hope for the best. I like their business idea and I want AGLOCO succeed. I can accept residual payment plan only for those first 3 months but for other months I want they change their payment plan to pay monthly like it supposed to be.

Agloco hasn’t made a profit yet. It’s rediculous to have expected they could with the challenges they met with after launching the viewbar.

Agloco has always stated that they will share positive cash flow revenue with members, based on hours accumulated. Since they are not in a positive cash flow situation yet, this is free money for 10 years.

I’ll take free money if it’s spread out over 100 years. They didn’t have to pay anything for June, July and August because there was no positive cash flow. So this was a gift.

Since it’s quite simple to keep using the viewbar and since Agloco is clearly moving forward–slowly but surely–let’s see if the founding members can do their part and support it long enough for them to get in a positive cash flow situation.

If Agloco succeeds it will be because they had leadership in the founding membership who were able to articulate the opportunity properly.

Those who spend a great deal of time promoting Agloco would serve others well to properly explain the opportunity—to emphasize that Agloco must be in a postive cash flow situation–to explain that the 10 year plan was money they did not have to give–leaders who promoted Agloco need to follow through, instead of protecting themselves out of fear it may fail.

This is going to be an unpopular comment, but so be it.

I have confidence in Agloco. Yes, the 10 year payment plan does suck, but that is not going to be the case forever. Brian Greenwald made another post saying that as Agloco becomes profitable the amount Agloco pays per hour will increase, and the amount of time in which it is paid will decrease. He has also said that the minimum payout will be somewhere between $10-$30 a month.

Let’s not forget that this company isn’t even a year old, and they have no venture capital whatsoever. They are on a very lean budget, and have never made promises they haven’t kept. They still maintain that this is not a get rich quick scheme. It is something that if we can help build, we can profit from. But it will take time.

I think the management is very smart and I think that they are handling this the right way. Let’s not forget, Agloco has ALWAYS said they will pay when they become profitable. Well, Agloco is doing more than that. They were not profitable for June, July, or August, and yet they are STILL paying for those months (albeit over a period of 10 years). It is just a good faith effort to show that they can keep their word, and yet they are being crucified for it.

They have plainly stated that in the beginning (June) of the viewbar launch they did not have very profitable advertising partners. This is to be expected, as who would really trust an unproven viewbar? But since the launch they have partnered with Ask.com, and expect this to be the most lucrative month yet. They are making progress.

In another year if we are still here, I would say the company will go under. Indeed, Agloco would probably acknowledge that they don’t want to be here a year from now. But they are making progress. They are living up to their word. And I think it is moving forward, albeit at somewhat of a slower pace than many of us would like.

When people make comments about Agloco i assume that they know how Agloco works and what is the concept of this Internet adventure !

This company will make profits only with our help !
We are the engine that can push this car forward or can stop forever !

I can’t say either i believe in Agloco or i don’t believe in them .
I only know that this company has huge potential and i’ll stick around and do my thing to make this happen .
And i know what i need to do , use the Viewbar and search engine ASK.COM .

Payment plan is CRAP but in new post Brian explained that 10 year period is only provisional and when and if we make profits plan will change to 5 YEAR OR LESS.
That means more and faster earnings !

That is all from me people !
Have a nice day !

I mostly agree with Jacob and Carmen. Members have understandably over reacted to the 10 yr payout plan because the management wasn’t communicating well with members. The way management announced it everyone thought this was the plan forever. The payout plan turns out is temporary not fixed. Many members also have an employee mentality that they deserve to be paid big bucks for their time no matter what. They do not have a clue what it means to be a business owner or partner.

Agloco management is partly at fault because it continues to communicate poorly with members and this could kill them. They appear to be lacking in management skills and this could also kill them. Fundamentaly the business concept is great but their execution is already showing signs of big trouble. It is a great concept and could still succeed but it all depends where we all go with it from here.

The payment plan was to reward early members. Since there was no profit during those 3 months, Agloco doesnt need to give you anything but they solved this with the 10 year residual income. Of course when revenue increases, the 10 year span will shrink and shrink, and the amount payed grows. They are not going to pay like this forever. And there is no 100 minimum payout. Its going to be 10-30 bucks.

You people have it ALLL WRONG! Agloco is not dead! They are getting closer and closer to be the next best thing on the net but people are spreading fake rumors that Agloco is dead and posting bs on blogs when they have no idea what they are talking about.

In my eyes, Agloco is dead until they prove otherwise. I have spent enough of my time waiting for them to do what they said they would do. And that never included a ten year distribution plan.

I’ve always stressed that members should not spend money promoting it. With pre-launches you never know what is going to pan out. People come online every day with a scheme to launch and we all know that only it’s only a few in a blue moon that can pull it off.

Do you really believe that your ten months worth of referrals are going to hang around while there is rarely an update, seldom communication, bazaar ten year distribution plan introduced, and a crazy blog where members do nothing more than constantly disagree with each other and beg for updates?

I think Agloco is still in pre-launche phase. We must take it such and it should be much easier. If yo see lists of ‘pre-launche’ all kind programs , it is every day longer and longer. I am sure that we shouldn’t react as we did about this 10 years payment plan, if Agloco should do as they wrote : when positive cashflow, we begin to pay.
Agloco is saying, it is gift for us. let’s take this as a gift and not payment. Of cause for September - October I do not expect gift, but payment , which can be even lower than $0,50 / hour