I saw a lot of posts questioning why we wanted to change the plan if we believed it to be legal in the first place. The answer to this is very simple.
Better safe than sorry!
Why put ourselves in jeopardy if we can simply think outside the box and come up with something beyond scrutiny.
As I've said many times I don't believe our original plan was in any way a ponzi scheme. Our terms of service clearly states:
Members agree and understand that there is NO GUARANTEE OF EARNINGS WHATSOEVER, and ALIENTRUST.COM makes no claims of potential earnings. ALIENTRUST.COM IS NOT AN INVESTMENT OPPORTUNITY, and makes no claims to be such. We are an advertising company and as such deliver website traffic to our members based upon the advertising package they purchase. ALIENTRUST.COM reserves the right to alter, modify or discontinue any portion of our earnings program at anytime with or without notice.
What this means is once you purchase an Ad Buy and your credits are delivered, (which happens instantly) that money is ours. We have made a sale of an Ad Buy. That money is then available for us to do as we please with it, which would include paying bills, employees, and commissions for our members to view websites.
Your Ad Buy expires every 14 days, which means the system IS NOT set up to require NEW memberships to survive. It is predicated on repeat business. If no-one re-purchases an Ad Buy then we may have some trouble, but ultimately we can use our money for whatever we want.
Now, that being said, we do believe that there is a need to invest OUR money in other outside venues, or generate additional revenue through the AT site whether it be through outside companies, T-Shirts and Coffe Mugs or whatever. And that will happen, but we need to be in a situation where we can MAKE it happen. We grew so fast that we simply never had any time to build the infrastructure needed for this to happen. We were constantly trying to deal with all the growing pains, and get ourselves into an office environment and so on.
But the bottom line is that since we are delivering a verifiable product, and NO ONE can say that web traffic is not a viable product, just like any McDonald's or Wal-Mart we have every right to do with our money what we wish. I don't see anyone telling these companies that they are a ponzi scheme because they use the money they collect from sales of their products to pay their employees or shareholders.
We've spent several days researching and Googling every site we could find for Ponzi schemes and the one common thread is that there is NEVER any product or service rendered. As long as we are delivering a product we should not have any problems. However, there is no reason NOT to explore other models to further insulate you and ourselves.
So - in keeping with the spirit of the law we have decided to make adjustments to the advertising element of the program as well to better serve the advertiser and their Ad Buys.
When we re-launch Alien Trust will contain the following new elements that will help ensure better ad serving and higher click throughs for ads purchased.
1. EVERY member who purchases an Ad Buy WILL BE REQUIRED to enter a qualified web site address for the Ad Buy they are purchasing. This ensures that we are delivering what we say we are. When you purchase an Ad Buy there will be an area on the form to to enter the associated address for this Buy, and once the payment is made the website and the associated credits will be credited to your account.
2. The Automatic Ad Viewer will become a Manual Ad Viewer. You will now be required to manually click on to the next site via a link and Turing Number system.
3. Once you've reached the number of sites required to receive your payment for the day, you will automatically be directed to a questionnaire that will require you to fill in answers to questions about the Ads you viewed for the day. What was the best ad you visited today? What did you like best about the ad? Did you make a purchase or enroll at the website? If so what was the dollar amount of your purchase? Etc. It will be about 5 questions that you will be required to answer or else you WILL NOT be paid. These stats will then be compiled weekly and listed on the website in order to assist other advertisers in ad layout, design, price point and so on. We can then also take these stats to outside advertising companies and attempt to show the effectiveness of the system and entice some outside advertising companies to buy from us.
We sincerely believe that this will not only increase the effectiveness of the ads purchased, but also increase our ability to affect the advertising market on a more substantive level. Leverage is very important to the large corporations and this allows us to leverage not only the volume of our membership, but leverage the effectivness of what we're doing as well.
The basics of the plan will be as follows:
9% for 14 days which equates to just a touch over 25%
No referral commissions
Cashout fees will increase to 4%
Web sites can only be added when an Ad Buy is purchased, but are not limited in numbers.
Ad Veiwing will be Manual in nature and you will view 20 sites for 20 seconds each followed by a 5 item questionnaire that MUST be answered to earn for the day.
Each Ad Buy will be limited to 1000 Ad Shares
Ad Shares will be purchased in 8.00 increments
For those who have suggested a Debit Card system, we are currently negotiating with Virtual Money, a 5 year old company located here in Texas to establish a relationship to provide these Debit Card services for us. We'll update you on this as we get more details on when and how.
For those who have suggested that we start our own payment processor, we do indeed have this on our long-term agenda, but that will not happen for some time. We would need to educate further and hire some Banking professionals in order to feel comfortable with this.
We're not Bankers, we're Advertisers. Marketers if you will. We have no immediate interest in the headaches and logistical problems associated with owning a payment processor. Believe me, we already have purchased the domain and have designed the branding and logos, we're just not ready to move forward yet. A venture of this nature would require immense funding, legal fees, and official oversight which we are not prepared for at this time. If we're going to do it, we want to do it right.
We will begin with E-Gold for both receiving and sending payments at this time, and once we're verified with EMO, everything will move over to them. I'm not sure what the holdup is there, but I've contacted them several times and still have gotten no response. It's been nearly 2 months since I began the process, so for now we'll just go with E-Gold.
Please keep in mind folks that the process of writing all these additions will take a few days to accomplish and you'll see some crazy stuff in the Surf bar until all is finished and tested.
Please be patient, we're working hard to bring you the best advertising venue on the internet and we hope to be back online for you ASAP.