Received another email blast from AVGA….it appears that they have removed all of the copyright garbage since they realized that there is no legal standing for claiming that it is copyrighted.
They must be keeping up with this forum Patrick, since the wording was changed within 12 hours.
Now they are complaining for no incentives paid yesterday, even though their ToS state that nothing is guaranteed. I would imagine that many people did not sleep well last night.

I agree 100%. The presence of outside revenue is just part of the mathematical determination of the long-term viability of an enterprise (the Black Box). It says nothing wrt the legality….and AVG and its ilk are illegal (even if they magically come up with external revenue). Another question for CORRECTION! — if the AVG Ponzi promoters are smart enough to develop a business that does have sufficient external revenue to pay rebates, why in the h*&^ would they ever share that revenue as rebates? I sure wouldn’t……I’d bag the stupid, illegal surf aspect of the business and run the highly profitably external business…..

Gregg Evans: I think some people are missing an important point. If any surf doesn’t have outside revenue (and none do) then it’s a ponzi scheme, But even if they did have outside revenue that supported the rebate structure, if the rebates can POSSIBLY exceed 100%, they’re selling unregistered securities, which is still illegal, just another aw is being broken.

With so much debate about paying old members with new members money, it seems to have been forgotten that for AVGA or any other autosurf to even begin to think of being legal, their advertising must have intrinsic value. And if anyone is trying to tell me that a click for a dollar on a site with less than a million viewers is “intrinsic value” then they must have money they wish to throw away (or they see it as an investment and not an investment of their advertising budget either)

Even ASD’s very own MLM expert, Gerry Nehra, has gone on record that for an MLM to be legitimate, over 50% of its sales have to be to non participating clients.

Correction, do you have any comments to make on this one?

The reality: Being offshore, and now forming an association, does not exempt anyone and the company from being subject to the US Authorities, and regulations. So much for being offshore and a private association. Just a lot of nice words that mean absolutely nothing. The outside sources of income do not exist, but they are working on them. This notion that you can start out illegal and then become legal will exempt you from selling unregistered securities is laughable. It is like saying I stopped robbing banks when I obtained enough money to open my own Certificate of Deposit so I could earn money legally, therefore I have not committed a crime now that I am legal. Tell it to the judge. The outside income had to be in place when they opened their doors for them to have an even remote chance of being legal.

But the really incredible one is this total imcompetence of the “professionals” running this sham. They can’t control insider thievery, they can’t communicate with the members, their sales products suck, and they all must remain anonymous. Can’t dare let anyone know who is really behind AVGA. That alone should scare the pants off everyone in light of what happened with ASD. After all I thought they had learned from the mistakes of ASD, and these professionals know what they are doing. They act more like the Keystone Cops than “professionals.”

Enertained, understand that CORRECTION cannot answer your two very simple questions. To do so would be admitting that AVGA is selling unregistered securities just like ASD. I guess AVGA is counting on the government agencies allowing them to keep doing a do over until they get it half-right at being legal. As db said, if they last until September it will be a miracle. I only give them until the end of July at the rate they keep shooting themselves in the foot.

If this is legitimate why not produce a certified financial statement.This would show company earnings.I would wager that there is not an accounting for the funds much less and an accountant. These types of companies financial practices are simple to analysis ,lIFO.In accounting lingo that means LAST IN FIRST OUT. In a ponzi scheme it means the last money in pays out to the first people in.The scheme is to get more people in so those who got in first can realize hugh rewards. Those in last are paying dearly.Ask those you get involved if AVG paid out nothing would they still purchase the expensive advertising. Especially from a company in Uruguay. If you are enticing others to get involved in a scheme such as this you have no more scruples than those who put it together.Those who are enticing others to become involved are scammers as well.You are who you associate with!

AdSurfDaily had thieves and fraudsters on the inside — and Andy Bowdoin didn’t file a police report. Heck, more than $1 million came up missing from ASD, and Andy didn’t file a police report.

AVG members are grumbling right right now about theft and manipulation by other AVG members. AVG management should file a police report. Officers could come down to do the initial investigation, assess the situation, and alert the FBI and Secret Service about the thefts.

Yep. It sure looks like people were using the member-to-member button to commit fraud and engage in some textbook money-laundering.

AVG should report this to the authorities — you know, like Bowdoin should have.

Or . . . wait. Would having provided the button to begin with get AVG in trouble?

Or would routing transactions to itself through other companies/individuals accounts at banks get AVG in trouble?

Patrick