Well, after all the hype and the high expectations about AGLOCO it seems that unless someone wants to take over the flailing ship, AGLOCO will sink like the Titanic. How do I know? Easy, they were kind enough to send me the following email.
Â We would like to update you on the status of AGLOCO’s operations.Â We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs.Â As a development team we are unable to continue to use our savings to fund the operations. Â If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at firstname.lastname@example.org .
Â Â We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user. Â We hope that we can find a way to keep the operations going.
AGLOCO Development Team
Â What can I say, professional to the end. At least they let their members know what was going on. I have no regrets joining AGLOCO as I still feel it was a great idea and I would have kicked myself if it did take off and I hadn’t got on the band wagon. As far as I am concerned as long as these sort of opportunities come up and it’s free membership I will continue to give them a go.