![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/tny_au_en_usoz_2.gif)
Dissecting the Agloco Mystery - Smoke and Mirrors
Ho hum, so, anybody getting a bit bored waiting for Agloco to finally release the viewbar software they’ve been so long overdue for? There hasn’t been much to say about Agloco, probably because there’s nothing much going on if you read the official Agloco blog (http://blog.agloco.com/). In their last update on April 11th, Brian Greenwald of the AGLOCO Development Team had nothing much to say except the viewbar was delayed yet again.
| I have just got word from our Shanghai based tech team with an update on the Viewbar status. Most of the QA tests are going well with the exception of the ad servers. The team is currently integrating the Viewbar with the ad servers so that the Viewbar will have ads (and revenue) ready to go when it launches (it would not make too much sense to release a Viewbar that was not making any money). So, while the Viewbar is still on track for release this month, making the April 2nd to 16th window is getting more difficult – and, yes, the Shanghai team has been working seven days a week for quite a while now and will continue to do so until the Viewbar is released. |
Professional companies don’t roll out this way. Sounds like this Shanghai based team of programmers isn’t the very competent. Teenage MFC hackers can build more complicated applications such as mp3 players and file sharing application is 1/10th of the time it’s taken to develop this Agloco Toolbar. Maybe Agloco should have hired some real developers and developed their product and tested it first, before generating all the hype and hysteria.
| There is some good Viewbar news for most of you. As I mentioned in my last post, we are initially releasing about 50,000 Viewbars to those Members that signed up first. Our current plan is to release another 50,000 Viewbars every day until every pre-launch Member has a Viewbar (which means all Members should have their Viewbar within the first 10 – 11 days). This should alleviate some of the fears Members have expressed that they might have to wait weeks or months for their Viewbar. We recognize that there have been delays on the front end of the release, so we are trying to tighten up the back end of the release as much as possible. |
This paragraph just leaves me wondering, “What’s the point??”.. Obviously the geniuses at Agloco know little or nothing about having 500,000 signups translating to 500,000, 50,000 or even 5,000 members downloading the toolbar on the same day. Any internet site would be lucky to have 10% of their total “signups” as “active” members, that said, I don’t see how this supply and demand scenario dreamed up by Agloco as anything more than more smoke and mirrors. Either that or these people at Agloco are just plain idiots and think everybody is as stupid as them, aahh, but ignorance is bliss…
| Also, as some Members have correctly pointed out, AGLOCO’s early revenue will not immediately translate into cash distributions to Members. While we do not know how large our initial revenue will be, we do know that AGLOCO has operating costs to pay. It is important to remember that AGLOCO is not a “get rich quick scheme”, and we maintain that the most prudent way to build AGLOCO as a sustainable company is to calibrate Member distributions to company earnings. As such, the cash payouts will not begin until there is a comfortable balance between AGLOCO’s free cash flow and AGLOCO’s expenses. It is important to add that all Members will begin to accumulate hours from when they first start using the Viewbar (and referral hours will also be earned). Those hours will not be wasted. Both overall hours and monthly hours will be used in determining distributions to Members. |
I still don’t understand how this is all supposed to work. Now, the concept of “hours” that members will accumulate from surfing and referrals comes into play. Does this mean that Agloco has advertisers lined up, waiting for the Agloco army to rush to install the toolbar and get surfing? I question, “hours of surfing what”?
As far as the statement “AGLOCO has operating costs to pay”, I question, what? All promotion and advertising has already been done by members in a hurry to fill their downlines? Is the Agloco website an operating cost? I can set anybody up for $50 per month with a hosting account that will handle the traffic Agloco’s site has seen, $1000 will get you the website designed and a year of hosting. Which brings up another concern, the Agloco team obviously isn’t very good at “cash managment” and/or expenses if they are already finding it necessary to blog about.
So far Agloco has been a big disappointment to many of those who started promoting early. Maybe they will stun everybody in the future, butI seriously doubt it.
by surfin
A few days after I joined this site, I deleted my referral link from my signature from most Forums I visit. I don’t think this site will ever “officially” launch and I still don’t understand fully how it’s going to work. I heard that there was another site like this a few years ago and it failed??
by C4G
The founders of Agloco are the same team that had a failed launch of a similar program called AllAdvantage. You can read more about it at TechCrunch —
http://www.techcrunch.com/2006/11/20/web-10-undead-rise-agloco/
by Brian
AllAdvantage was the predecessor to Agloco, and I founded and ran a competitor named UtopiAd. We began as a form of in program advertising to allow shareware to earn advertising revenue. We then morphed into a consumer facing application, web browser, shopping, and other features to allow members to earn revenue.
We paid out based on revenue, not a flat rate. AllAdvantage paid a flat rate, before their advertising dollars could support it and they imploded. Agloco is intriguing and I started http://www.AglocoHints.com to discuss the insight I have to how this business actually works, the pitfalls they need to avoid etc.