Dear Jeremy ,
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 firstname.lastname@example.org .
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
Well Folks, you read it correctly Agloco is finally calling it quits! After a year+ of stringing us members along, a buggy viewbar that never worked properly, and horrid corporate communication – the Fat Lady has sung.
TBH this is a bittersweet end for me, I was a very loyal and extremely successful Agloco recruiter (never made a dime!). Not that it matters; but I was also in the Top 10 Globally with over 11K+ Members in my AglocoYou.com network (I will probably 301 them here soon).
See My Agloco account screenshot below:
What a mess! The whole software was crap since they launched, and they never really “fixed it”. These guys just took off and skipped out on their responsibilities – Ray, Akshay, Brian??? Shame on you guys (MBA’s Huh?)- especially Brian who is a BALD FACE LIAR, and led the Agloco’s false future plans to the Blog community here. Shoemoney has also written a short post about the Agloco demise, as well as john Chow here.
Shame, shame, shame…to all Executives/Founders involved with Agloco (the egg is on your face, how does it feel?) – Agloco could have been something big, you are the ones who floundered it.