AGLOCO Member Distributions - Monthly Residual Payments

AGLOCO™ finally released the information everybody has been waiting for with their recent AGLOCO Member Distribution post. So, how much money will you actually be able to make with AGLOCO? Read on to find out.

AGLOCO announced last Friday that they will begin distributing cash to its Members by beginning a Monthly Residual Payment plan.

Since AGLOCO started its Viewbar in June, we have been working to deliver an early money distribution plan that will be work for both Members and AGLOCO at this time. It was decided to start with the AGLOCO Monthly Residual Payments. These are small monthly payments which will be made for hours earned each month and paid monthly for 10 years. The following rates have been set (amounts are expressed in US currency):

• June $0.48 per hour - ($0.0040 per month for 120 months)
• July $0.42 per hour - ($0.0035 per month for 120 months)
• August $0.54 per hour - ($0.0045 per month for 120 months)

The amount per hour is quite substantial however the time it takes to be paid is also substantial. Some do not like the long time frame that AGLOCO has currently set for payouts, however, AGLOCO has persistently stated that they are in it for the long haul and that they can not payout until they have some positive income to do so. After all, even the AGLOCO development team is not being paid yet.

AGLOCO went on to say a bit more about AGLOCO Monthly Residual Payments.

AGLOCO Monthly Residual Payments become payable when declared such by AGLOCO. We are working to add the accounting feature to the account page to show this to each Member, but that will not be available until after all the Ask.com features have been integrated.

In addition to the AGLOCO Monthly Residual Payments hours may become eligible for Bonus Payments. If AGLOCO exceeds expectations and builds funds in excess of reserves needed it may be possible to make AGLOCO Bonus Payments. We do not expect this to happen anytime in the near future. The details on the Bonus Payments and the Monthly Residual payments will be placed on the account page along with the accounting display.