Not that it was a huge surprise that it went down, but they just have been pretty terrible about their communications for the past year. They haven’t even updated their blog since October.

Another thing that told me they were going down, besides the obvious that the whole program stunk, was that they actually sent us an e-mail about 2 months ago asking us to click on the Ask.com ads when we did searches. Can you believe this? I can’t imagine anyone would have been pleased knowing this from Ask.com to the advertisers that use it. I would be livid if a supposed company was prompting members to participate in click fraud like that. I sent an e-mail back the the Agloco team at the time to express my displeasure with the request, but of course I never got a response.

I know I still have the banner over on the sidebar, but I’m kind of busy so I haven’t had time to take all the crap down yet. If it wasn’t for all the ad revenue I got from the Agloco blog I set up I would be out about $50 from this whole fiasco. Fortunately it paid for itself so it is like it never happened.

This system has been described sort of, but is a bit complicated to most I think. Maybe it even is to me really. At first glance it is really going to put people off. The idea is rather ingenious IF it can be pulled off though in my opinion. If I am right, which I believe I am, it is a good idea to join Agloco NOW, rather than later.

Now read this explanation and think about what it means. The numbers look silly to most, and the whole system may put a ton of people off until they REALLY dig into what it means. From the AGLOCO blog:

Since AGLOCO started its Viewbar in June, we have been working to deliver an early money distribution plan that will be work for both Members and AGLOCO at this time. It was decided to start with the AGLOCO Monthly Residual Payments. These are small monthly payments which will be made for hours earned each month and paid monthly for 10 years. The following rates have been set (amounts are expressed in US currency):

• June $0.48 per hour – ($0.0040 per month for 120 months)
• July $0.42 per hour – ($0.0035 per month for 120 months)
• August $0.54 per hour – ($0.0045 per month for 120 months)

AGLOCO Monthly Residual Payments become payable when declared such by AGLOCO. We are working to add the accounting feature to the account page to show this to each Member, but that will not be available until after all the Ask.com features have been integrated.

In addition to the AGLOCO Monthly Residual Payments hours may become eligible for Bonus Payments. If AGLOCO exceeds expectations and builds funds in excess of reserves needed it may be possible to make AGLOCO Bonus Payments. We do not expect this to happen anytime in the near future. The details on the Bonus Payments and the Monthly Residual payments will be placed on the account page along with the accounting display.

Looks like a garbage payout doesn’t it? Sure does, but let’s think about this a bit. This is what you sports fans will call a back loaded contract. You pay a guy a few bucks early so that you can get more players to run for the title in the first years of the contract. As the years go by in the contract the player makes more money, but hopefully the team has found a way to pay it all out by then. This is the risk, and it is exactly the same with Agloco. Let me explain why.

Let’s simplify the numbers from their blog post to more round numbers so we can more easily understand this. We are going to just say that all hours are worth $.50 to do easy math, OK? Good. We also are going to assume that one person is only able to earn 5 hours each on Agloco. Each person in their network can earn them 5 hours as well, but we will get to that at the end.

June pays $.50 per hour. 5X $.50=$2.50/ month. ($.0208333 per month over 120 months)

That is ONE month. The FIRST month.

Now let’s assume July pays that $.50 per hour, or $2.50 a month as well for your 5 hours broken over 120 months. ($.0208333 per month for 120 months again.)

But wait. Now your July earnings and for the next 119 months would be June’s payout ($0.0208333)+ July’s payout ($0.0208333)=$0.0416666 for July.

August at the same rate would be $.06249. This includes June’s and July’s earnings because it would be stacked correct?

September would be $.083333 for every 5 hours earned. June, July, August, and September earnings stacked.

Is this making sense?

after 4 months, with say 1000 hours per month you would be getting $16.67 per month. That’s 800 referrals with their 5 hours every month because referrals pay 25% of what your hours pay.

$4.16 for June+
$4.16 for July+
$4.16 for August+
$4.16 for September=$16.67 in September.

Keep adding $4.16 every month after that for a long time period with those similar stats. Remember that first month of June is on the payroll for 120 months regardless of how many hours you had in the following months. You could have more, or less hours in any other month, but that one month will never change and will pay out to you for that ENTIRE 120 months. It may not sound like a whole lot, but it will add up. It just isn’t a get rich quick scheme, but it can be a nice annuity for you over time.

This is a “stacking” if I understand this correctly in how it is described. I believe this is the way it is going to work…for now at least.

This may be more complicated to think about, but from the way I see it your payouts just increase every month regardless. Eventually your payments become much greater so being here now is what you want and people want to start earlier.

I do absolutely no work on Agloco other than throwing a post up every now and then and having the Agoloco viewbar on for a few hours one day a month. I have a website I’ve had for a few months, but the ads on it have paid for that already.

They say this is the initial payout plan, but it could change dramatically. The way they describe it sounds like they are putting a lot of people off, which frankly makes me happy because that means they will quit and I will make more per month on my hours…lol

Something else that they mentioned as well is that members may be able to SELL their hours to other members if they decide to quit doing it all. This is a good opportunity for either side. The rich can get richer, and the poor can still get something for their work now instead of waiting. This is after all no get rich quick scheme. They are just now getting big time advertisers, and they are working a contract now with Ask.com which is going to be a huge partner. I’ve always said that this is a “What the hell?” kind of affiliate program. Takes little work, and if it works, it was worth the few hours of surfing I put into it.

Well it has been about 2 months now since the release of the Agloco Viewbar and I have used it enough to get an idea of how well it works. Both months I have made my minimum of 5 hours so I have used it with some success. No problems to report as far as I am concerned. I haven’t seen any issues with system resources from having it on at all. As far as I can tell Agloco is counting the hours correctly when i use the bar, but my buddy taking classes at http://www.gibbsnj.edu/ has noticed that he isn’t showing any credits for August so far. Looking at it myself I don’t see any credited hours since August 1st for either myself, or anyone in my network. I am almost positive that I did my 5 hours in the first couple days and it was showing before, but then again I can’t really be positive. I know I have hit at least 2 months of hours so i should have 10, but alas it only shows I have 5 hours in. I assume it is just a bit of a hiccup, but since he brought it to my attention I am going to have to look into it.

I haven’t marketed Agloco at all lately so I’m not seeing a whole lot of new people in my network. I’d say that I picked up about 10 last month direct and maybe 7 or 8 extended. Not exactly a great month considering I have a website dedicated to it. Of course I haven’t been around a whole lot either to do anything so that is expected.

Not sure when the pay is going to start coming in either. Last I heard it was still a couple months off, but I haven’t received anything new since I last checked. Either way it is little effort to get the hours every month so I am going to keep doing it until either I get my hours paid, or I find out that things have really gone awry. I have no reason to believe that I won’t get compensated for this so I am not worried one bit. This is one of those things that you should look into though no matter how skeptical you are. It doesn’t effect the way you browse and is not really even an inconvenience. The Viewbar is no more intrusive than what the Google toolbar would be.

Sign up and get your network going. You can either got to my Agloco site to register, or just Sign up for Agloco with the previous link. It’s one of those things that you would say “If it works, Awesome! If not, no skin of my back.”

After many delays it appears that we are able to get the Viewbar finally. Got an e-mail a couple days ago, but due to the enormous amount of members trying to download it all at once I wasn’t able to get it until yesterday.

So I’ve been running it for a few hours now and it really doesn’t effect the way I browse. Hardly even noticeable to me. So I guess it is time for people to start signing up again to Join AGLOCO since it is actually in effect finally.

I have a dedicated blog to Agloco called the Agloco Cash Machine if you want to get more info about the whole program. For those that already have an account and need info about the Viewbar check out the Agloco Viewbar FAQs.

Install was simple and the Viewbar itself isn’t really noticeable to me while working on the net. AT this point my Agloco network is around 100 members, but considering that the Viewbar was delayed for so long it is likely that I lost a lot of them. No worries. If the program really works it will fill back up and everyone will want to do it.

The only requirement to collect and earn shares with Agloco is that you must surf with the browser on for at least 5 hours a month. This is required to get the credit of your network Not much dedication required to get your network hours really so it shouldn’t be an issue for anyone.

How are your networks doing?