Friday, July 24, 2009

Adgateworld — Adgateworld.com

The corporate ownership group behind the entire AdGate Network of sites has formally announced the sale of its websites and proprietary technology to a large internet buyer. The new management group is based out of the middle east. At this time, they are in the process of forming a new holding company specifically for the AdGate Network properties.
Our small group of dedicated contractors and volunteers are eagerly awaiting more information about our potential involvement moving forward. We do know that this new ownership group completely understands the business model and respects the social advertising concept. They thoroughly believe in the AdGate 2.0 rebate/profit share program and have assured us that the 200% expiration system and commission structure will remain intact. The new management group has apparently spent weeks evaluating existing technology, customer support, accounting and marketing. We have been informed that their team is eager to take over immediately with a complete transition over the next week. Their attention to banking, accounting and payment processors will be a priority throughout this period.
The ownership change WILL NOT effect the weekly rebate and commission schedule. Any changes regarding the site, rebate program or payment processors will be announced by the new management team. They will take full possession of the network over the weekend so you can expect direct communications from them shortly.
As members of the AdGate community, we are excited to see the next phase of this journey. Since the reboot we are seeing a steady and consistent growth in members each day. The new ownership group has a successful track record with internet operations and marketing. They are crafting a new mission statement that will build on the core advertising product. They apparently have the funds and the professional resources to apply.
We are proud of the integrity and dedication of everyone that has assisted in the development of the community until this point. Now it is our turn to step through the ‘Gate and let others take command!

Best Regards,
The Original AdGate Team

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