A while ago I made the post “Agloco is Dead”, but a lot of people gave me criticism saying they were going to change things up and the proposed 10-year payment system would be changed, well it’s to late for that. The other day I got this e-mail from Agloco…

“Dear Bob,

We would like to update you on the status of AGLOCO’s operations. We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs. As a development team we are unable to continue to use our savings to fund the operations. If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at agloco1@live.com.

We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user. We hope that we can find a way to keep the operations going.

AGLOCO Development Team”

When I first heard about Agloco back in November 2006 I was really excited about it. Most people were saying it was going to be just like AllAdvantage, which I was a part of and made money off of. So I figured Agloco was going to be a good thing. Agloco urged people to signup, but there was no viewbar yet, so they wanted you to refer people to the program so you could make even more money. After many delays the viewbar was released. So people started using the viewbar, but months went by without a payment plan for members. Then one was announced and it was crap, a 10 year payout plan…WTF. Also at this time Agloco said on their blog that they were still loosing money. At this time I declared Agloco Dead and 2 months later it is.

Agloco was a great idea, but they just didn’t do it right. I’m sure we will see something like this again in the future. Hopefully then it will not fail like Agloco did. Here is a screenshot of my final stats, as you can see I really didn’t push the program that much.