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Welcome Guest - Login / Register Forum - News - 14th July - News - Big changes!

14th July - News - Big changes!

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killa-007
Traffic Value: $11,038.09657 Slovenia
2 like this post 0 people
14/07/2016 19:35
i did same justin smile or should i say even worse, i had bid to sell rps for 80 for 1 month and today it got accepted, hura grin
akkydude92
Traffic Value: $4,684.00091 Ireland
1 like this post 0 people
14/07/2016 19:38
yea i had some at 80, 120 and 150. Course now ill never get to use them. all I could do was buy back my shares for 199........
slosumo - Administrator
Traffic Value: $28,438.4426 Slovenia
32 like this post 1 people
14/07/2016 19:47
@lema $3k/daily would be the breaking point that would let us pay for all costs, work on some reserve for slower times, and allow us to pay dividends. The actual costs have been under $2k/day with all the reductions that were put in place since Marc took charge, and lately we were starting to fall short off that. We were trying to let PaidVerts recover on its own with time, but it was limping along and driving the rest of the business along with it, giving us little room to improve on some very important aspects of the business, such as better legality.

The Spanish office has come up with a viable realistic solution to the issue, but there are considerable costs involved we simply would not be able to cover any time soon with such a limping business. I'm afraid I personally can not yet give out any specifics until they are settled, but having a good shot at it coming through was one of Marc's demands, without which he wouldn't follow through with a BAP restart so "suddenly".

We put a lot of effort and time into trying to avoid it, but a business limping along has cost us far more lost members over this time, than going through with such a decision will. Furthermore it will allow us to finally base PaidVerts returns on realistic, proven and tested debt reduction amounts, instead than hogging on to mistakes from the past.

It was not a decision made lightly, and one that Marc wanted to avoid ever since he took reign. But we can't let the past we tried to slowly and in everyone's favor fix, keep us down forever, especially if we would with it be turning down some very good potential options for big and positive changes we can make with giving us all a boost.

Everything considered, keeping a limping business over a great chance at refreshing it and with it be able to push forwards faster, would be poor business practice, affecting everyone of you far worse than a BAP restart and the benefits it will bring, especially with all the overhauls, additions and changes that were done on PaidVerts in the past ~10 months and never got a good chance to shine properly, because of PaidVerts simply not being as active/attractive as it can be, and now will be again.
tompa555
Traffic Value: $2,695.93585 Croatia (LOCAL Name: Hrvatska)
16 like this post 0 people
14/07/2016 20:00
great. you just turn my 63 000 Rps to 25 000 . i will not invest a single dime in here any more
Saad_786
Traffic Value: $3,530.2596 United Kingdom
5 like this post 1 people
14/07/2016 20:03
Is there any way around the $34 Bitcoin cashout fee I have to pay? I only have bitcoin as a cashout method.

That's crazy high considering sending bitcoin is free.
Demodulator
Traffic Value: $1,583.88108 Latvia
12 like this post 2 people
14/07/2016 20:05
@slosumo
All great and all, but you have to reverse BAP/RP market purchases for the past few hours as many people lost cause of this (and some gained as if they knew this was coming), as was said all you had to do was wipe out all the current bids since you declared a BAP sw@p @200 BAPs/RP.
That's not a mistake one can afford to make, I'm thinking you had planned this, please prove me wrong and reverse recent purchases.
galiosh
Traffic Value: $1,079.85003 Bulgaria
1 like this post 0 people
14/07/2016 20:10
 @Demodulator bank win of this 15% fee ... no matter that not all user know what happen...



How many times is talking about that BAP market but noone listen users all is about the money..
Issaro
Traffic Value: $3,448.12527 Turkey
13 like this post 1 people
14/07/2016 20:15
Well, I generally like the new course MTV will take and trust the management even though I also will lose a lot of potential RP's due to the reset. Also, with the new system in place, I believe I'll recover that loss anyway to a considerable extent with the share price increasing. 

The one thing I resent is that the bap marketplace was not reset. The bids people put should have been removed beforehand. I'm not at all affected by this but I feel for them. 
Do you have a valid reasoning behind this? Or do you simply can't dare to state that it was a mistake? Did yo just not take that detail into consideration?
I know you the management are aware of all the single post written here. I understand that there may be more pressing matters at hand at the moment. But please, don't ignore these. Such an attitude does not fit a serious company as MTV. At least they deserve an apology, don't they? Perhaps you could even work out a solution for compensation later, such as gifting some shares to them from the portfolio. 
Shumy
Traffic Value: $1,087.93992 Croatia (LOCAL Name: Hrvatska)
0 like this post 2 people
14/07/2016 20:16
can't get why all cry?

when u buy shares (or RP in this case) u have to know that price will be UP/DOWN...

and, yes, 2 days ago was said there will be some news:  BUY RPs... (and i bought RP for all my BAP, i had no cash...)
VipShareX10
Traffic Value: $731.72267 Egypt
1 like this post 0 people
14/07/2016 20:22
Everyone is talking about Paidverts and what will happen about it in the coming days but i would like to know how the rate of FTQ repayments will be ( at least until 1st September ) or how many rounds that would be paid until that date ? Will the repayment be slower than the current rate or faster ?
stra
Traffic Value: $285.59089 Greece
4 like this post 0 people
14/07/2016 20:26
I think that the least you can do, is make it 45 days before BAPs to RPs, and eliminate rp to BAP market fee for that time.

Or make it 100 BAPs per RP for BAPs bought on BAP market on 14 of July.
galiosh
Traffic Value: $1,079.85003 Bulgaria
8 like this post 0 people
14/07/2016 20:30
All FTQ will be paid, but for X time alll BAP will be sw@ped again ! 
tompa555
Traffic Value: $2,695.93585 Croatia (LOCAL Name: Hrvatska)
16 like this post 0 people
14/07/2016 20:33
Beyond the MASK of DIVIDENDS there was just another SW@P. so Marck you will buy enough shares to cover all of our looses ??. 
dguy
Traffic Value: $15,993.01608 Canada
44 like this post 0 people
14/07/2016 20:34
Wow! What a punch in the gut.

I can't understand why you always need to devalue your SW@PS by so much? Why do your investors get hit by such a big rate every time?

With all the millions of RPs this site keeps to itself for 'contingencies' maybe once you guys could take the hit instead of hitting us every time.

I'm not sure I can trust this site any more
slosumo - Administrator
Traffic Value: $28,438.4426 Slovenia
21 like this post 1 people
14/07/2016 20:35
@pietro The new numbers of BAP gotten on BAP ad pack are not based on nothing - they are based on proven/tested debt reduction ratios of PaidVerts relative to BAP gotten via activation ads and BA purchases, PaidVerts' pure advertising products and the remake of most of PaidVerts revenues going back to fuel ad issues (repaying debt) itself. The BAP (let's call it ROI % for faster wording) ROI of new ad packs is set at 120%, because based on past statistics, we will be able to cover it.

Let me do a brief overview with rough numbers, to elaborate on that claim further:

$1 ad pack distribution - creates 1.2$ in "debt" via BAP and $0.1 in "debt" via referral commission, so $1.3 in total
-----------
0.1$ to 1% user daily
$0.1 to 1% SU daily
$0.05 to tomorrow ad issues
$0.05 to 2 from now days ad issues
$0.05 to instant ads
$0.1 to ref commissions
$0.07 to PV results
$0.03 to MTV results/dev funds
------------------
Totalling to $0.52 of ad pack "debt" repaid "immediately"
----------------------
$0.45 to dev funds/extra ad issue funds

Our BAP reduction has throughout been between 15-25%, averaging somewhere between 20%.
Then there is an extra 1-2% reduction via our recycling mechanism.

Then you also need to take into account all the PaidVerts upgrades and pure advertising purchases that make up for additional significant "debt reduction".
They've been contributing to about 7% of extra revenues relative to BAP issued, a percentage that is mostly skewed to poor past availability of pure advertising options, and one that with recent additions we expect to increase considerably.
Considering that only 30% of that now only 30% of that value goes to MTV results/dev funds, let's for example sake take that pure advertising will be covering for 5% of debt.

Overall, that's a combined average "debt reduction" of 27%, reducing the 130% ROI $1 of BA packs adds to the system, to a mere 95%.

With 52% being paid "automatically", that leaves 43% left to cover for.

Most of which will over long term be covered by the dev/extra ad issue funds part, but on the short term it does leave us with some potential "deficit", if we want to invest more of it into dev funds to help speed up some venues of company progression.

However, in these summarized calculation examples, I have left out other various "unlogged" debt reductors (or extra PV generated dev funds, that help us use more of the extra BA ad sales funds towards extra ad issue funds instead of dev funds) that add up significantly together:
Newly added BAP banners & login ads (these are making a bigger contribution than expected!), grid ads BAP deductions, 3rd party advertising, offerwalls, additional unexplored potential of pure advertising options that are currently underused/underbought due to poor PV activity/traffic.
Oh, let's not forget any potential PV profits within MTV RP sales and dividends.

We are confident that due to the above the 2400 BAP packs (120% ROI) are set appropriately for manageable sustainability.
In fact, during our first conversations we were initially comfortably gearing towards setting on 125-130% ROI, but decided it is better to go with a lower ratio, as it not only gives us extra potential room for future additions (potential reintroduction of some sort of user incentives) if debt reduction will be higher than necessary,
it would also mean faster/bigger ad issues, that would help users fill up these lower ROIs faster.
galiosh
Traffic Value: $1,079.85003 Bulgaria
28 like this post 1 people
14/07/2016 20:40
Marc after all this sw@p how u believe people will again start buying ad packs ? no matter 120% or 155% ?
Tbiz
Traffic Value: $4,013.67386 Canada
7 like this post 8 people
14/07/2016 20:54
nice step forward to becoming a legal company welldone. lets see how this turns out in upcoming year. smile
jmfjmf
Traffic Value: $176.69082 Argentina
3 like this post 0 people
14/07/2016 20:55
MTV: i think these are the right inevitable steps to become a serious company, if that is the point, maybe this could be done before like in november along with the FTQ sw@p, idk.
but no FTQ, means no promised fixed return, no debt, no sw@ps.
Remaining HYIP/ponzi mentality will be erased, but users that like stock/commodittes long term investments will come.
i can add that the percent of profit shared can give priority to old RP holders, so more time you hold more % you get

PV: Being that in MTV high fixed return was switched for non fixed low unlimited return then maybe the same can happen in PV, so BAP is like RPs in Paidverts, when you buy ad packs you buy RPs instead of BAP, then the profit from advertisement sells is shared as dividens daily/weekly, instead of monthly, this way there is no debt created at all, neither in MTV nor PV. and we can forget Sw@ps forever.
then BAP groups are RP groups, more you hold more you  get or per time holding.
also maybe rising the referrals % per purchase and click to make it more attractive as PTC, affiliate program will be good.
but make the changes on both, or the debt just move from MTV to PV and/or viceversa.
MisterGreen
Traffic Value: $22,303.8091 Netherlands
0 like this post 0 people
14/07/2016 20:56
Would somebody be so friendly to link me to the liquidity report ? I have trouble finding it and 16th of June doesn't seem to be the right date. I would like to read through it again with all this new information. A fresh link here may also redirect other members to this important post.
casio8978 - Forum moderator
Traffic Value: $14,531.83197 Slovenia
6 like this post 0 people
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Forum - News - 14th July - News - Big changes!
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