Promises, promises...

Admin Roger has published his plan to retire the debt for both his sites, 30D-Ads and Club 2 Profits, by November. Here are the salient points from his statement...

Funds were limited from both sites for me to work on our recovery plans but fortunately, I am able to combine the funds from my personal investment vehicle, NetBizMedia with the limited funds from both sites to speed up our recovery processes.

I will pay every members their dues, Ad-Pack purchases plus earnings and also interest at 1% a month. I am able to commit deadlines for commencement of payments for both sites. I have updated the front page of both sites to reflect the timings involved in my payment processes.

I need about $35K to $38K to pay all members of 30D-Ads and about $15K to $18K to pay all members of Club 2 Profits. Payments for 30D-Ads members will start from August 2008 till November 2008 (over 4 months) and payment for Club 2 Profits members will start from September 2008 till November 2008 (over 3 months).

I will pay all Site Admins first follow by members in order of seniority according to their referral nos, meaning member with referral no. 1 get paid first and last member who join our sites get paid last. No worry here as everyone will be paid ultimately over the 3 to 4 months period.

I am committing to spend about $10K for 30D-Ads payment plus over $5K for Club 2 Profits payment every month to meet the above deadlines.

By the end of November 2008, all members of both sites will be fully paid, by which time I will decide on the future fate of both sites - to reopen with new, realistic and viable plans or close both sites for good and retire from this industry.