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This is the hardest update I have ever had to write. 12by12daily is now closed. I have done everything in my power to keep both sites operating, but, at the end of the day, if theres is no money coming in, then there is nothing to pay out. Since the launch of 12by12daily I have been working up to 18 hours a day 7 days a week to make this a success. Some of you will appreciate the effort I have put in, others will not. During that time, we have been subjected to some enormous obstacles. Right from day 1 we were subjected to extortion threats, which we did not bow down to. This resulted in our site being attacked by massive ddos attacks, which we were eventually able to repel. It also resulted in our database being totally corrupted due to my attempts to pay everybody for they days they had been unable to surf. We have still been unable to totally correct these errors. Worse than that, it also started a massive campaign of negativity in the forums, resulting in a lack of confidence, and complaints to egold, which saw my egold account blocked. We were able to get through these problems, and make 12by12daily a successful site for a time. Just when we thought we had things back on an even keel, it all started again. First we were hacked, and a number of members had their egold account numbers changed. This took a few days to sort out, but it was the beginning of the lack of confidence shown by members. I could have announced then, that we were in trouble, but I preferred to fix the problem, rather than aggravate it. I announced an increase in the maximum allowable upgrades, and a number of other positive signs about 12by12daily. This worked well for one day, until some unsupportive members announced to the world that we had a cashflow problem. Some others even emailed their downline telling them not to make any further upgrades. The action of these members was probably the single most influential factor in the downfall of 12by12daily. Many of you are familiar with what happens when there is a run on a bank, well the same thing happens in an autosurf program. I had to make changes in payout rules to protect us from that, which I did. This also had a positive effect for a few days, until we got hacked again. This time the hacker got away with a large sum of money. This in itself would not have been enough to bring us down, but it was followed up with another sabotage attempt, whereby we were bombarded with phoney upgrades for a period of about 4 days. Almost every member had at least one of these phoney upgrades added to their account, and by the time we got that problem solved, I could see the level of confidence decreasing by the day. From a position where we would have been able to save the site, Upgrades were becoming less and less each day, until they are now at virtually zero. I have continued to make payouts in that time, in the hope that it might turn around, and I will continue to make payouts over the next few hours, until there is nothing left in my egold account.

I am truly sorry about this situation. I am not a scammer, and I have not stolen and run away with your money. Every penny made from 12by12daily has been put back into the program to make payments, and to make some payments at dadndaves. I am a good person who has been hit with circumstances I cannot control. I believe the majority of members will understand this, and accept that I have done everything I could to keep the program going. There will be a rabble rousing minority who will not accept it, and will go screaming in the forums etc for revenge. If any of those members should be considering legal means to recoup any losses, I would remind them of the terms agreed to upon joining. (Relevant paragraphs printed below) Each member, upon joining ticked a box to say they had read and understood the terms and conditions. This constitutes a digital signature, which is then a legally binding document. If you still wish to pursue this avenue, then I should also tell you there is no money left. Every penny I have made from 12by12daily has been put back into the program,

In closing I would like to thank all the members that have supported me over the last couple of years. It is your support that has enabled me to continue as long as I have. I have been shattered by this, and it is highly unlikely that you will ever see me with an internet business again.

David