Adgateworld — Adgateworld.com

We are sorry for not communicating as much as we would have liked over the last week. Important changes in several areas have taken up the majority of our time since the management switchover. We are finishing up our corporate evaluations concerning technology, banking, customer support and accounting. Most of the priority objectives have been met at this time. We understand that customer support has NOT been at the level of expectations that AdGate achieved over the first few months. Announcements and immediate changes are taking place this week in that department.
Good management must make difficult decisions with an eye on future objectives. Companies that cannot adapt fade away. The prior AdGateWorld development group successfully saw the needs of the community and revised the rebate/profit share program. This program is a solid and stable incentive based system that DOES work. A decision to finally move beyond the mistakes of the past and implement an immediate solution will take place today. Discussions with community leaders and our accounting department have led to everyone agreeing that the future growth of rebates is of utmost importance to all of us. The hesitation and lack of momentum over the last few weeks is solely based on stagnant rebate percentages. The inflation caused by an over abundance of promotional BONUS Ad Packs is the main cause for rebates woes. This morning’s rebate was 1.02% based on revenues of $50,348. For this reason management will do what is necessary and remove 75% of BONUS Ad Packs from member accounts at some point today. Only those BONUS Ad Packs received prior to June 1 will be affected. It was suggested by members that Ad Packs given during promotions between January and June could have made a substantial rebate and in fairness this would be an acceptable resolution.
This decision will give the community exactly what it wants and needs. A true ‘reboot’ with a fresh start that can really take advantage of the new 200% rebate expiration system! We all want rebates to rise and eventually hit our 14% weekly cap. Our technology, customer support and desire are all focused on this happening.
After today’s difficult move we look forward to the enthusiasm, energy and commitment of ALL members. Remember, absolutely no known rebate model can generate weekly returns without growth in members or revenues. It is up to each person to make a decision to get on board the AdGate train and bring others with them! We will have Intro Webinars Tuesday and Thursday at 11 am. Please RSVP using the link on the Webinar page.
Our new management team is making a commitment to the community by continuing to provide a cost effective traffic generation system, rebate program and a healthy commission plan. The social advertising model works when everyone does their part.
Sincerely,
AdGate Management