AGLOCO To Announce Revenue Sharing Agreement
September 08 2007
By MoneyBlueBook
In an earlier entry, I discussed about this new get paid to surf company called AGLOCO that was developing an application that shows ads on the bottom of your computer screen. For the past few months, users have been downloading and using the application, with the expectation that the company would ultimately fine tune its business plan and release news about the payment structure.
Last week, AGLOCO announced on its blog that it had finally signed one of its major revenue partnerships and that a formal announcement would be forthcoming. On the face of it, it seems like good news for the people that have downloaded the application and are actively accruing usage hours. The informal announcement suggests that the company is trying to carefully move towards a viable and sustainable implementation of its payment plan. I noticed that the company wisely steered away from further discussing its previous assertions that payment might also be made in the form of shares - most likely to avoid complications from possible securities law issues.
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I remain cautious but encouraged, however, I suggest that you should keep your expectations reasonable. The payment structure is still being developed and there is no clear indication of what the payout really will be. I suspect it may not be as lucrative as some may have hoped. But usage of the AGLOCO application is free and early adopters will likely benefit the most from referrals.
