AGLOCO is calling it quits -

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Only 8 days 22 hours 18 minutes left until Hanks Holiday Handout drawing!

So I found this in my email today:

Subject: AGLOCO Update Notice
From:”AGLOCO.com Service” <emailservice@agloco.com>
Date:Wed, Dec 12, 2007 11:57 pm
To:hank

Dear Hank,
 
    We would like to update you on the status of AGLOCO’s operations.  We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs.  As a development team we are unable to continue to use our savings to fund the operations.  If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at agloco1@live.com .
 
   We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user.  We hope that we can find a way to keep the operations going.
 
AGLOCO Development Team

Some people called it, and I said it MAY not happen, but it doesn’t hurt to try new things while investing!  There will ALWAYS be a “next big thing“, but you need to get in on the ground floor!  

It didn’t burn that much of my time, but I liked the idea.  Several bloggers out there called it like NewsNotion, TechCrunch, CashQuests, TradersNarrative, and IveTriedThat but it still makes me miss the good ol’ AllAdvantage days…  Dreams of grandeur for EastCoastLife, IMarketing, AglocoAussie, and AndrewOwnsAgloco smashed on the rocky shores of the internet…  …but there will always be something new coming out - guess we’ll see what it is…

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Tags: Compensation, Financial Education, Investing, Net Worth, Passive Income //

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  1. How can I earn a passive income online? - My Investing Blog
  2. Weekly Roundup #8 (December 8, 2007) - My Investing Blog

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