Adgateworld — Adgateworld.com

Our ownership group purchased the AdGateWorld properties approximately 60 days ago. At that time we knew we were getting involved with a fluid situation and a very unique business model. Unfortunately, we did not realize that other ‘similar’ sites continued to operate fly by night operations and dangle unreasonable bonuses and returns.
The original developers of the AdGate network never created false expectations or gave rebates that were not completely justified by revenues. This honest and legitimate approach using the advertising rebate model apparently did not meet the expectations of the herd mentality. They were far more interested, despite multiple warnings, to run and place their money at risk with unsavory operators. One by one they fell by the waste side taking advertiser funds with them. The disappointment of the original company and their consultants should have given us advance warning. This ‘lottery ticket’ mindset still continues today even after all of the clones have imploded from bad accounting procedures.
Our team has reviewed all possible programming for tiered rebate structures. We have also discussed the state of the advertising rebate arena in general. We are completely frustrated with the outcome of these efforts. It is quite obvious that ‘reasonable’ rebates cannot take place without continued advertising. The crowd attracted to this type of opportunity is not satisfied with legitimate rebates unless they are based on ‘total smoke and mirrors math’. After meeting the demand for a switch to the newer rebate model it was assumed that members would understand the difference and the stability. No one cared because some other site was giving a ridiculous 14% a week until they collapsed after their supposedly record weeks!
It is a true shame considering that both ownership groups provided a legitimate advertising rebate program. Since the launch of the site, regular ‘tweaks’ and changes were made to create an even better opportunity. In conclusion, this audience was not interested in a multi-faceted social advertising program. The majority only cared about finding the next ‘big score’ or bonus.
At this time our company cannot even support the monthly bills based on the advertising revenue generated. We understand that a smaller portion of the membership is interested in real opportunities and concepts. AdGateWorld will cease to exist in its current form but we will continue to communicate and bring REAL strategies that we are developing to your inbox. Some of these are brand new internet concepts that will be shared with each of you FIRST before public launch. Some are completely passive while others are affiliate based. We believe that placing our focus on these non-surf projects will be far more successful at this stage. Everything that we are working on WILL be shared with former AdGateWorld members. In the coming weeks you will have the ability to gain a spot (limited to 500) in the pre-launch of RocketRaffle.com. It is the first 24 hour online raffle system that will provide massive traffic generation and an affiliate program. Members of AdGateWorld that chose to participate will reap the benefits of this incredible new project. Today may be the end of one dream but all of us will succeed in the exciting projects that will be introduced shortly.

Best Regards,
AdGateWorld