Wednesday, July 11, 2007

What is AGLOCO ?

After the .com bubble burst of Alladvantage.com in 2004, the company which started Alladvantage.com came out with a brilliant idea based on the same guidelines as was Alladvantage.com but learnt from the mistakes it did it in the past. Truly saying mistakes makes a man perfect and so is applicable for it. It came out with the idea of AGLOCO in November, 2006 but with a slight change in the system. This time users will have to surf over Internet as they have did in Alladvantage.com, make more members to earn more and finally they will be paid.
So, what’s the difference between AGLOCO and Alladvantage.com ?
There is no difference but a lot of difference. AGLOCO came out with a great business strategy and launched just at the right time for a company like it. The biggest failure of Alladvantage.com was the fix amount of money was given away for the surfing hours but in AGLOCO they modified this concept and replaced money with shares.
What are these shares?
AGLOCO is a company that is owned by its members. It will be registered in LONDON STOCK EXCHANGE sooner or later and the members will be given shares of the company. More the number of shares you have, more you earn.
So how do AGLOCO overcome its failure with the help of shares ?
Well it was a clever idea by AGLOCO team members. Every one knows that the shareholders gets a percentage of total profit of the company against each share. So if you own one share, then you will be legible to claim a small percentage of total profit of the company in a month. That means, you are not claiming a particular amount against the time you are surfing. The amount you will be paid will be variable and will be totally based on company’s profit. If the company gets more, you will be paid more and if company gets less, you will be paid less. But you will be paid thats the guarantee.
Will the users be able to collect more and more money from AGLOCO as they had it with Alladvantage.com?
I said in the last para, that it was just the right time for it to be launched, so let me justify it. Have you ever seen sites containing Google ADs? I know the answer is yes. Have you ever clicked any one of it? I know again the answer is yes. So what that had to do with AGLOCO. A great deal indeed. AGLOCO’s business strategy is based on the money earned through advertisers. Today, every other site beleives in increasing its traffic by internet advertising as it was two– three years back. Advertising on internet has become the backbome of the marketing strategy over Internet and Google Ads is the perfect example of that. Same way AGLOCO will be collecting ads from advertisers and the number of ads collected by them will indeed increase as the number of users increases and hence its revenue. So you will be earning more and more.
Join Now: http://www.agloco.com/r/BBDT3876
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http://www.agloco.com/r/BBDT3876
More info: http://vanlinh.com/agloco/what-is-agloco.html
http://vanlinh.com/agloco/what-is-agloco.html

What Everyone Ought to Know About Agloco

Agloco is a pay to surf MLM scheme that exploded onto the interwebs late last year. It is backed by the same team as AllAdvantage which crashed and burned in the bubble years.
AllAdvantage had a simple proposition: pay people a fixed hourly rate for the hours they spent browsing the internet with their software and use an MLM structure to attract new users. As you’d expect, this lead to legions of bots that pretended to surf. In contrast, Agloco uses a tortuously roundabout path to go from surfing to actual payment of money.
Still, most people mistakenly see Agloco as having a simple, linear model. Consider the following a public service announcement. If you’re a shrewd trader or investor or ever sat through an economics class (awake) you have no need to read further.
For the rest, let’s break it down:




[1] First, you have to download and install Agloco’s viewbar. This software (vaporware?) has yet to be released and every time a date is given, it makes a nice whooshing sound as it passes by. For the sake of this analysis, let’s assume it is actually released.
[2]So you surf the web while running the viewbar. But you don’t get a one-to-one proportionate credit for the actual hours you spend online. No matter how much longer you spend online, you’ll only get five measly hours accrued a month. And they “reserves the right to change these rates at any time for any country”.
[3]Next, these ‘Agloco hour units’ will accumulate. At some point, who-knows-when (if ever) they will be converted to something else. Note that they “reserves the right to change the [conversion] rates at any time”. So you can find yourself on shifting ground and get much less than what you thought you’d get.
Now, here’s the knee slapper: Agloco will convert these ‘hour units’ not into cash but into shares. But Agloco is a private company in start-up mode; has no public shares to distribute; is not profitable; hasn’t even released a product; and its founders failed the first time they tried this venture (what they lack in creativity, I suppose, they make up in persistence). Furthermore, according to SEC regulations, Agloco can not distribute unregistered shares to the public. While the ability of Agloco to produce and distribute value hinges on being able to going public, it’s ironic that the least amount of attention has been paid to this point.
From Agloco’s website:
“Remember, the company is 100% owned by the Members…”
No, it is not. It is a private company owned by a very few. I can cut them some slack for aggressive promotional copy but this is a bald faced lie.
[4]Assuming it does actually go public (I would really like to see an investment banker sit through a meeting with a straight face) Agloco will then have to use its shares as currency to pay its members – that was the original point, before all these twisty turns, remember? When it begins to do so, the proverbial shit will hit the fan.
If we assume Agloco is successful, they will have to regularly pay their considerable and probably growing user base a massive amount of money. Which means selling a massive amount of shares on the market. Guess what will happen to the value of the shares when this unflagging selling takes place? Guess what will happen before the selling hits as smart traders position themselves ahead of the avalanche of sell orders?
[5]But wait, maybe I’m being too harsh here. Let us again give them the benefit of the doubt. Let’s assume that people don’t make a mad dash to cash in their shares… eventhough they’ve been slaving over a hot monitor for months. The next hurdle to the ‘members’ seeing money is for the firm to become profitable.
[6]The chances of this are very slim for obvious reasons. Even if they do become profitable, the founders will rightfully want to get a return on their risk capital before paying anyone else. Again, let’s assume not only that Agloco becomes profitable but that their board declares a cash dividend (as opposed to a sneaky stock dividend).
[7]Now here is the payoff that the ‘members’ had been waiting for. Assuming all the above, we finally get to the single mention of cash payment to users in Agloco’s website:
“As Agloco grows and the company generates positive cash flow, we will be distributing the excess cash to Members and shareholders of the company.”
At this improbable point, having jumped through hoop after hoop and assumed everything but the kitchen sink, the members are getting paid a pittance: dividend ‘cents’ on any ‘dollar’ shares owned. And that is assuming that in Agloco’s glorious ascent, hackers the world over haven’t unleashed massive ‘bots’ to mimic surfing and made it a victim of its own ’success’. Or that the SEC hasn’t nabbed the founders on charges of attempting to circumvent securities law by promising the public unregistered securities in return for membership.
If you are more jaded than I am, you may point out that at each node through this circuitous path, Agloco has built in several mechanisms to control the amount of ‘value’ they distribute – whether limits on hours, conversion rates of shares or cash, reserving the right to kick anyone out for any reason, etc. These built in ‘firewalls’ are there for the protection of the founders and the business but they can also be used quite easily to manipulate the user base to extract the most from them while reciprocating a minimum.
Having said all that, I don’t think Agloco’s a scam. It is a poorly conceived scheme that appeals to those who know very little about finance, share issuance and regulation. I really do wish Agloco would go public. How else would I get a chance to short it?

Join now: http://www.agloco.com/r/BBDT3876

http://www.agloco.com/r/BBDT3876

http://www.agloco.com/r/BBDT3876

Link: http://vanlinh.com/agloco/What-Everyone-Ought-to-Know-About-Agloco.html