Earn Shares in the Company and Cash
Earn Shares in the Company
You accumulate hours in your account for your use of the Viewbar™ software, up to the maximum monthly hours (which is country-specific). These hours can be convertible into shares of AGLOCO™ stock. You can also accumulate hours in your account for the usage of Viewbar™ by your direct referrals and extended referrals. You become eligible for the shares when your account reaches your country’s minimum payout limit. (end of post)
As a new company, AGLOCO™ is a private company that is not traded on any stock exchange. We are exploring public offerings of the stock on various major global stock exchanges as a means to facilitate the issuance of shares to Members.
Earn Cash
As AGLOCO™ grows and the company generates positive cash flow, we will be distributing the excess cash to Members and shareholders of the company. In addition, Members can earn cash directly in their accounts for certain transactions with AGLOCO™ sponsor sites.
Remember, the company is 100% owned by the Members, so we will put the cash to work to best reward the Member/shareholders of the company. The cash will be used for payouts based on hourly Viewbar™ usage, cash dividends to Member / shareholders and/or share buybacks of the company’s shares.
Global rates
Currently AGLOCO treats all countries worldwide on an equal basis: all Members can accumulate up to a maximum of five hours a month of Viewbar™ usage. Referrals will also be accrued with a five hour limit. If shares are issued they will issued at one share per hour for Member hours and one quarter share for each referral hour.
AGLOCO reserves the right to change these rates at any time for any country on a country by country basis.
Country Specific Restrictions
Currently AGLOCO is open for membership to anyone worldwide. However, due to different regulatory requirements in each country, it may become necessary for AGLOCO to restrict certain countries from Viewbar™ downloads or Viewbar™ use.
In some countries, for member participation, AGLOCO may have to qualify for share issuance prior to offering shares to Members. In all countries prior to share issuance, Members’ hours will be accrued and shares issued when the AGLOCO board of directors approves them.
Some countries may be too small or legal requirements too complicated for shares to be issued to Members in that country. (As a Member owned company it may not be prudent to incur the excess expenses for all Members, in order to distribute shares in the countries so affected). In this case, AGLOCO reserves the right to exchange hours for cash, once there is a public market for AGLOCO stock.
UPDATE: The payment structure has been revealed somewhat. Go read my post Agloco Payouts Explained for more information.

Posted February 25, 2008
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