Club4Elite Closes

February 3, 2007

This week, many programs seem to be closing down. One program added to the list is Club4Elite. However, it will be temporarily closed and will be coming back soon, according to Paul.

Why did the program close down? After the series of problems it faced, Paul has decided that the best solution was to close down. In case you were not following the updates, this is what Paul had to say, in his update about the problems:

As all of you noticed last week Club4elite experienced a lot of unexpected problems. Club4elite previous e-gold account was blocked what caused 5-6 days late payouts. After that members experienced problems with lost surfing day, this problem is still active and we are unable to access data base and to correct incorrect pending amounts. All those problems caused reduce of incoming money and last few days I paid out much more then received in.

Paul says that the reserves are on the 75% level. They did payouts for people with incorrect pending amounts and tried fixing all database problems, but did not succeed. So, they have temporarily closed. Paul has also outlined the future steps to cope with this problem:

1. We will audit all database and will prepare refund list.
2. We will upload all new futures we have already made.
3. We will make and add few new futures.
4. We will change our hosting company.
5. Will reopen Club4elite and will issue refunds.

He says that this process will take approximately two weeks. During this period, the site will not be available for a few days. However, user details will not be changed:

:: Accounts will stay the same
:: Referrals will stay the same
:: all current upgrades will be dropped down
:: refunds will not be issued for members who had payouts on hold more then 3 days (January 30) (it doesn’t effect members who had one payout on hold status and second in pending status).

Paul is asking users to trust him. I do not have much to add in here. After all, this was expected after the problems Club4Elite faced. I just hope members will receive their refunds and that nobody loses money, as Paul has promised.

Posted in Autosurf