AraBux Scam
The long unsustainable Ara-Bux has finally publicly admitted their PTC is unsustainable and will soon fall.
The announcement from Ara-Bux Admin:
Dear members of ARA-Bux,
You may remember me as the admin/founder/owner of ARA-Bux. I apologise for my absence recently due to a lot of work in my other businesses, and therefore I haven’t been able to make many payments recently. I will be making the next mass payment later today.
Over the last few weeks, over $10,000 have been paid to our members. However, during the same period our income has seen a considerable decline from investors. We need on average $2000-$3000 to get payments up to date, and get this backlog gone, once and for all. It is upto our members, and not just the staff to keep ARA-Bux alive. Having said that, we only receive on average $100-$400 a day. Obviously with these funds, payments will still be possible, but nowhere near enough for us to catch up on the backlog.
I have tried everything in my power to keep ARA-Bux running, having introduced several features such as the lotteries, banner advertising, the renting referrals system, and referral recycling. However, the improvement we saw with these features did not stop the decline in investments recently. We are running into financial trouble. The only change left would be to decrease member’s earnings from advertisements. However, the real problem lies with our investors – YOU.
It is now upto YOU, as investors to keep ARA-Bux running. Having spoken to my fellow staff members, we have come to the conclusion that ARA-Bux will have to close indefinitely unless substantial improvement on investments is made. We are not forcing you to make payments, we are simply stating a fact.
Finally, I would like to reiterate, ARA-BUX is not a scam – this is not an attempt to lure funds from our members, but a simple way to keep the site going. If we wanted to run away with your money, we would have done this a long time ago.
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Published: Saturday March 28 2009 Updated: Thursday January 14 2010 |
Total Views: 271 Report Broken Links |
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