The Return Of PremiumAdsClub
It's been a couple weeks since I checked on what's happening with PremiumAdsClub
since the manual surf was put on a "holding" pattern until the Admins invested
in a plan to boost the program's funds.
So I surfed over to the MMG Forum and brought up the last page on the thread and
their are posts of the program restarting soon and some upset members who
asked for a refund and didn't want to wait and see the outcome of the fund raising.
The whole affair is a bit confusing to sort out where the main update of future plans
is several pages back on the PAC thread.
Here is my summary of what happened and what's going to transpire; The Admin
ladies went to the membership and asked for a vote on putting a "hold" on the
surf as they pursue a supposedly lucrative deal that would fatten the programs
purses and enable it to continue for some time into the future. The votes were
positive and that was settled.
Members who didn't agree with the "hold" or didn't want to wait got a refund
depending if they were in profit or not. Somewhere along the way, some members
complained to Alertpay where over $10,000 of the Admin's funds were then locked
out to them for a period of 30 days. Thus...the funds intended for the fund raising
program was not available and they went in with their own funds which was a lot
less.
Anyway...the "returns" from the fund raising didn't come through as expected. Now
all member's who waited for all this to happen will be receiving 100% refunds. Of
course, some who got refunded in the beginning wanted a piece of this action but
are out of luck. You didn't stick with us so you got what you got.
Along with this came the announcement that PAC is returning soon with a new plan
...5% per day for 25 days. It gets confusing here as well with what's going on about
referral commissions. The Admin gals figured on 3% but then asked members to
vote whether to get rid of commissions all together also something to do with aiding
in refunds for members if they kept it. I assume that will soon be ironed out.
So...PAC is on the way back and there is a building excitement about it on the MMG
thread for the program.
Another important update about the frozen PAC Alertpay funds. If any complaints come
in from members the lock out period will be extended. I assume a portion or all of these
funds will go to refunding members who currently hold adpacks. Apparently all records
of what funds members have in their accounts is intact and the Admins will not be
answering any queries about them.
In conclusion...that's what I know so far on the continuing saga of PremiumAdsClub and
now members are waiting to see the surf relaunch with the new plan with or without
referral commissions.















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