Before I begin my update, I would like to thank everyone for their wonderful support and promotional efforts of NDA. I, however, am in the position now where I am forced to stop accepting deposits for the time being. Before I clarify, I want to reiterate the fact that NDA is a game, as stated from the beginning, and the pool fund has reached the point where if I were to continue accepting spends and process withdrawal requests in the order they appear in the pendings list, the site would not last past this coming Wednesday with what is available to pay. In the past several days, there have not been enough spends in to cover expected withdrawals; though there has been a boost in advertiser interest on eMC, which has contributed to the funds pool in recent weeks, it has not been enough. If I were to proceed with processing pending withdrawals, I would be forced to take this step after Wednesday anyways. Instead, what I have done is turned off the deposit function several hours ago after having had the chance to assess the situation, returned a portion of spends to several members, including those who deposited over 500 USD recently or who spent early but never took it upon themselves to request cashout, from what is available from the pool to pay. In total, nearly 8K USD has been paid, including all withdrawals processed on Saturday and Sunday for requests made last week on the 18th, 19th, 20th, and 21st. A screenshot of all payouts made as per funds availability is linked here:
http://img153.imageshack.us/img153/280/payments2alk3.jpg
http://img153.imageshack.us/img153/7392/payments2ya9.jpg
So you might ask what could have improved public awareness about the site? Well, initially, funds were spent to acquire listings on monitor sites, as most charge a fee for their service. In addition, I had planned on sponsoring an ASA broadcast early last week, after asking for member input on the issue of an advertising budget in this thread in the support folder last weekend:
http://www.emarketcafe.com/index.php?showtopic=1493
Unfortunately, the administrator of ASA had an accident as many of you might have already heard, and this led to a postponement of video cast #49 until further notice. I was hoping that this cast would increase familiarity about the site, besides the promotional efforts of members and listings on monitors, but events out of my control led to that not happening. The market for programs is saturated as it is, and with only so much e-gold to go around, this is the position we are in now.
So what now for NDA? Well that is up to all of you. If you would like another round, as many have expressed, with a different plan, then I’m open for suggestions. In fact, I have already noted interest in sponsoring the next available ASA videocast in three weeks, to draw public awareness. I will not clear your member accounts or take the site down. I have some ideas, if what the majority of you are looking for is a more fast paced type of program, as ive been approached already from those who said 130% in 16 days just isn’t appealing enough, but that’s up to you. If agreed upon, the next round would take place in the end of March 2007, allowing for ample time from now to promote in advance by word of mouth. No one will lose their downlines and first level referral commission across the board for all members will be set at 10%. The return will be achieved in half the time, 8 days, and will be set at 160% tentatively, open to change based on your input.
I thank you all for partaking in the first cycle of NewDawnArising, I hope you enjoyed it and also got to know some other members a little better through it. In the meantime, I will send out an email update later in the week about what to expect for round 2, to ensure that it is more ‘hyped up’ and recognized. Take care.
