Agloco - no money for users

As I predicted six months ago in Agloco hype , looks things are discontinued at the administrators part. From my point of view, Agloco concpet was already seen years ago in so called PaidForSurf activities, which resulted in one big scam for users. PaidForSurf sites did definetly take some profit.

I you were one of those unlucky Agloco members, who really run their viewbar, I hope you learned a lesson in here. Basicly looks, that nothing what is free result in money profit. And apparently not all activites (like majority of HYIP) which are conected with investing real money, result in money profit.

Here is copy of Agloco email I received some minutes ago:

AGLOCO Update Notice

Dear Matija,

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