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Today's fast tracks were sent.

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Upcoming debt swap facts:

1. We will be swapping all BAP & FTQ investments for shares, at the rate of $0.30/share. This will happen any day now! (As soon as the programmers are ready / do it!)

eg. For every $300 you are owed from the fast track queue, you will receive 1000 shares.

eg2. For every 600 BAP you have, 1 share will be issued.

2. Your account balances will not be touched. That's your money, and can be cashed out at any time, or saved in your balance to be used after the swap.

3. When we initiate the swap, the BAP marketplace (ability to sell shares directly for BAP) will be suspended for 60 days. You can still sell shares for cash during that time.

4. When we initiate the swap, we will be limiting PV Bulk Ad Purchases to 1-5 ad packs per day, per user for 60days. ($1.05-$5.25/day maximum)

5. When we initiate the swap, we will be limiting 170/200/250 plan investments for 60days. $1-$10/day per user for 170 + 250 plans. And $1-$250/day per user for the 200 plan.
* 250 Plan Upgraded users will have their upgrades extended by 60days, as a result of this limitation.
* The 240% plan upgrades will be exempt from these limitations.

6. Up until the swap, Fast Track Payments will continue as normal and there will be daily ad issues from Monday to Friday only (cron permitting!), with a guaranteed minimum value of $10k per issue.

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The debt swap will be performed whenever SloSumo, Kamil and the programmers are ready / think best. That could be any day now, or it may drag on towards the end of the week. This is a technical decision beyond any ellective choice... So please be patient.

Furthermore, I'm encouraging Kamil & Slosumo to take over the day to day management of MTV & PV. I want to step back a bit, and just focus on ideas, and drawing up specifications / sketches.

I'll still be around, and chip in where I can & keep trying to push this business fowards of course... but I don't want to be relied upon specifically.

The Polish Office seems setup, and next we just need to help get SloSumo going in Slovenia. And then one/both of those offices will hopefully take the inititives required to really move this business forwards. Hire the people we need to get everything done and ramp up the productivity.

I'll keep working on my 'dream interface' idea... to finish off the business model. With systems for getting user ideas voted up to the construction queue, and then the programmers building those ideas & billing their hours all in some automated & transparent way. That's going to take a while to fully envisage though, as there's so many different bits to consider. And then trying to make it user / guest friendly.

But what this business is trying to do is cool, and has truly immense potential... Right now, it's all a bit scrappy, there's a lot of bugs, and absolutely everything can be improved / refined and basically done better! ... But we'll get there. Just yet more patience & persistence required I guess.

Anyway... let's see how this debt swap goes!

crazyabs
Traffic Value: $2,361.11494 United States

11 like this post 0 people

08/04/2015 01:52

Glad to hear from you. Waiting for the Debt Swap. Its been a real long wait. Anxiety is the word

Espadita
Traffic Value: $16.26676 Argentina

0 like this post 0 people

08/04/2015 01:54

Thanks admin, we'll be waiting

crazyabs
Traffic Value: $2,361.11494 United States

2 like this post 0 people

08/04/2015 01:54

@Candra80
At the programer's decision. Anytime from today to End of Week!

DanTheMan
Traffic Value: $4,069.99578 Germany

2 like this post 0 people

08/04/2015 02:03

Any news on bankwire? Was hoping it would be working again before the swap happens but I guess not.

sutzkeren
Traffic Value: $239.13523 Indonesia

2 like this post 0 people

08/04/2015 02:06

I can't find "There will be a $10,000 ad issue" just like slosumo always said

does this means there will be no ad today?

Userpkay
Traffic Value: $344.5705 Ghana

0 like this post 0 people

08/04/2015 02:39

@sutzkeren 6. Up until the swap, Fast Track Payments will continue as normal and there will be daily ad issues from Monday to Friday only (cron permitting!), with a guaranteed minimum value of $10k per issue.

lali6757
Traffic Value: $3,553.39286 India

0 like this post 0 people

08/04/2015 02:58

Today's fast tracks were sent.
so 10k issue is also due today

LeongYM
Traffic Value: $4,879.44517 Malaysia

2 like this post 0 people

08/04/2015 03:20

BANKWIRE still unavailable now?

pythagoras
Traffic Value: $4,007.84228 Netherlands

4 like this post 0 people

08/04/2015 03:39

Well, you seem to have a very good team, so a lot can be delegated.

Charisma and leadership can't and there is just one "Jo"
So I really hope you will stay connected and keep us all
enthusiast.

And the site is not that crappy anymore, even Mr Cron behaves these days.

dear123
Traffic Value: $605.49135 India

1 like this post 0 people

08/04/2015 03:41

Also,
there is chance to get Daily Ads of better value above guaranteed minimum, if "Debt Swap" is in early server hours of the day.

bdsignal
Traffic Value: $1,436.76808 Bangladesh

0 like this post 7 people

08/04/2015 03:46

Jo take step to up share price at 0.30 $

carlidoskar
Traffic Value: $1,089.57427 United States

1 like this post 0 people

08/04/2015 03:49

Well this is going to take a while.

adsfan
Traffic Value: $149.33609 Pakistan

0 like this post 0 people

08/04/2015 04:31

we all hope for the best

kiran123
Traffic Value: $768.91943 United States

0 like this post 0 people

08/04/2015 04:57

i am just waiting for it

JoshhFreeman
Traffic Value: $1.93728 United States

0 like this post 0 people

08/04/2015 05:01

But what about the BAP group earnings today?

jhelynian
Traffic Value: $81.62716 Philippines

2 like this post 0 people

08/04/2015 05:25

got my FTQ investment

thanks Jo. this would enable me to buy 1 ad campaign haha

paidverts
Traffic Value: $2,592,904.1508 Spain

42 like this post 2 people

08/04/2015 05:26

It's ~5am server time. Give Slosumo chance to wake up! I'm only posting right now, as im in Australia. This time zone is on another planet to the western world. Not helpful!

slosumo - Administrator
Traffic Value: $28,438.4426 Slovenia

19 like this post 0 people

08/04/2015 07:47

Today's ad issue will be worth $10,000 , but I'll have to send it later today as I've got a few things to sort out first.

Yesnico
Traffic Value: $366.33482 France

1 like this post 0 people

08/04/2015 08:04

If we're getting a $10k ad issuer today, does that mean the swap can't happen today ?

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