FirstComeFirstSurf: E-gold based accounts & Compounding

July 23, 2007

E-gold based accounts only:

It appears that some e-gold based members did not properly follow the instructions of our last news update from July 12th. We specifically asked these members NOT to purchase new ad packs from cash balance or (compound) because these upgrades would expire prematurely without earning their full rebate potential. However, some members did it anyway despite our announcement from July 12th that appeared as soon as you logged into your account. July 27th will be the LAST DAY to request cash out to e-gold. After e-gold payments are made to members who request by this date, we will no longer honor cash out requests through e-gold. If you are a e-gold based member and decided to purchase new ad packs from cash balance AFTER July 5th, your purchase will not earn the full 115% rebate as any active compounded e-gold purchases will automatically expire on July 27th. After this cash out date, there will be no option to switch payout to any other processor if your cash balance is $11.00 or more. We will disable purchasing new ad packs from cash balance for ALL members during the next few weeks to prevent e-gold based members from obtaining new ad packs through this method. This will also help get all e-gold based accounts completely paid and out of the system. We will re-enable the purchase ad pack from earnings feature again after July 27th.

We have devised a solution for members who do not meet the minimum cash out level and are unable to purchase more e-gold ad packs. If you have a cash balance under $11.00 AND no more ACTIVE AD PACKS, you may now file a support ticket to have your account switched to AlertPay or SolidTrustPay in order to have the ability to continue building your balance with new ad pack rebates and other earnings in order to reach the minimum cash out level. There will be a one time Administrative fee of $0.50 for this option, which will be deducted from your cash balance, to cover the transfer of funds to the processor of your choice. This will only apply to e-gold based accounts who no longer have active ad packs and have a balance of under $11.00 and wish to switch to another payment processor. If you do not wish to transfer your earnings balance to another processor, you may also use your balance to purchase site advertising or raffle tickets. E-gold based members with cash balances of $11.00 or more will need to request cashout to e-gold by July 27th.

Mike
FirstComeFirstSurf Administrator

Posted in Autosurf