Autosurf Dummy

IMPORTANT UPDATE 7/14
14. July 2006 @ 22:24
Good Evening Everyone,

First of all let me apologize for not getting some additional information to you all sooner, but as we go through this announcement you'll soon see why we all here at the office felt is would be better to wait till we had some solid information to pass to you.

This industry is volitale enough without us passing information before we have all the facts.

Before we get into the meat of this update we need to say goodbye to some old friends.

Brian and Jenny Sams have been friends for quite a long time and were pivotal in assisting with the development and day to day management of all of our projects here at W3MA. But due to family reasons and some unforseen circumstances they've decided to move back to their native Indiana.

I wanted to personally take this time to say thank you to them both and wish them all the best with whatever they decide to do next. Thank you and God Bless you both!

With their departure we'd like to make some announcements as to the new internal billets here at W3MA. Promotions are the best part of any managers job, and it's my great pleasure to announce the following promotions.

Former Payment Solutions Director and organizational dynamo Cheyanne Brooks has accepted the position of Managing Director effective immediately. With Cheyanne's incredible management, sales, and customer service background she is just the perfect fit for this position, and it's already starting to show. Congratulations Cheyanne and keep up the great work.

Filling Cheyanne's Payment Solutions Director position is her former Deputy, Sandi Wilder. Although only having been with us for a short time Sandi has been an exemplary worker, deeply committed to customer service, and will certainly do very well in this position. Congratulations Sandi!

Filling the position of Deputy Finance Director will be Melissa Miller moving over from Operations, Melissa has done a tremendous job keeping us organized and moving in the right direction everyday for the last 5 months and will certainly shine in the Billing Dept. Congratulations Melissa!

As a Member Services Adminsitrative Assistant, Amber Henderson has been tremendous, not only is she punctual, effecient and fun to work with, she does all this while attending college 3-4 days a week. Amber will begin immediately as the new Operations Manager for W3MA and will be in charge of most of the day to day operation of the office. Congratulations Amber!

In about a week to 10 days we'll have a brand new member of the team as longtime friend and co-worker Marc Prestwood joins the team as Member Services Manager. Marc comes to us with a long history of customer service and technical computer skills and will surely be a great asset to Dustin here in the office, and more importantly to all you members out there.

So once again congrats to all and good luck in your new positions.

I know everyone is chomping at the bit to know when the cashout script is going to be finished, but first we need to discuss some other issues so that you can have a better understanding of where we are, and why some things will be taking place very soon.

As most of you are aware of over the past few months our industry and many of the Blue Chip sites have been victims of fraud. Right now there is a group, or perhaps several groups of individuals hammering away at all of us owners, passing bogus information and transactions, forging account numbers, trying to steal and hack VM cards, etc.

We are no different.

As part of our long term strategy we've been planning for the future, building other streams of income, and doing our best to minimize our losses, while truly committing ourselves to our steadfast focus of customer service and opportunity for all.

To understand the nature of the situation you need to first need to understand the economics of running a program of this type.

Every surf site out there runs in the red, period. The website itself cannot possibly MAKE money, even when you factor in the breakage, and run off the float such as we do, it's a red ink business from the get go. The difference between a Mom & Pops type surf and what we do is that we constantly use the system itself to help produce profits in other areas to make up the difference. We own 45 domains and of those about 17 make money, some lose money and some are not yet up and running. Our MLM businesses generate income, but those take time and usually some pretty deep pockets to build, although I must say that our latest company FFI is doing well without hardly anything out of pocket so far, so that's good news.

For instance, the advertising you purchase through QuikTrackPro is a good example, you see those ads everyday and by using the system you can produce addtional revenue for us and yourself with a well placed ad. Virtual Money is another example, not only is it a great tool for internal integration, it also generates a great deal of income.

All these things and the other sites up and producing should be enough to produce the difference neccessary to produce a small profit of about 1%.

In fact several things seem to have conspired against us to prevent this from happening, most importantly Virtual Money. Basically we simply aren't producing the revenue we expected from the use of the Vitual Money system. Far too many people are ordering cards and not activating them, which leaves us with no monthly fees on those cards, no one is using the card outside of our system, ie: ATM's, shopping, other sites etc. All this drags down the revenue that VM COULD be producing for us.

Although very functional, and a terrific stop-gap for fraud, our monthly revenue from VM is NOWHERE NEAR where we projected it to be. This in combination with a big loss on the Gold price drop, 2 consecutive months of 6 figure fraud, lack of consumer confidence due to 20 plus site closings, and constant and perpetual bad mouthing on forums like MMG, TalkGold and even our very own forum, have forced us into a situation where we can no longer carry on as the owners of Alien Trust.

You'll notice I said OWNERS.

Fortunately we saw this trend coming about 5 weeks ago when we looked at the P&L for May, and being a proactive manager I immediately and quietly began shopping for a buyer for AT. We had several interested parties who took a look at some of the monthly statements and got stage fright, others looked at the support requirements for a Blue Chip site and got scared off by that.

But alas fellow Aliens ... there is a light at the end of the spaceship!

We have indeed found a buyer for Alien Trust, and it is going to be tremendous! Not only have we found a buyer in the perfect industry, one that generates tons of cash, but we've structured the deal so that we can continue to provide the support and management of the site! We'll simply collect a monthly fee for the running of the site, and the new owner will handle all the money and the outside marketing of the site!

Not only that, the company will be located offshore providing even more protection from those that might seek to do us harm.

The reason we've waited to inform everyone is because we wanted to ensure the deal was going to happen before we got everyone all excited. There's nothing worse than getting your hopes up and then having it not pan out. This deal is all but done folks, we're simply waiting for the contracts to be signed and delivered. We were asked by the company to not divulge any details until such time that everything is complete and signed, but I felt it was very important to get word to everyone so that we could get on with what we need to be doing.

Understand that this is a HUGE deal for you guys, not only will Alien Trust continue to grow, but it will get stronger, more secure, more stable, and being located offshore adds a tremendous opportunity to ad options into the plan that we could only dream of here in the US.

We'll have more details for you as soon as we can legally get them to you, our confidentiality agreement doesn't allow for us to give out specifics ie: the name of the company, their location etc, (in fact I had to get special permission from their attorney to post this update), hopefully we'll get this done by Wednesday next week as I've promised Todd at ASA I would give him the scoop on all the specifics live on the webcast smiley

As for right now cashouts will remain down as we continue to work through the details of this sale and pending a decision from the buyer we may be asked to close down any further ad buys in order to facilitate the transfer of current assets to the new owner. Just to let you know IF that occurs you will still always be able to see your commissions on your accounts so that you know they are still within the system, and the AT website WILL reamin up and visible. The only lag time we may experience is a possible server move to the company's own offshore servers.

I know this may put a cramp in stuff finacially for some of you, but this situation could've turned out really bad folks - we could be folding ... so please try to remember - we've NEVER NOT done something we said we were going to do, we've been paying faithfully for a long time, even to those who were defrauding us, and we'll do everything within our considerable power to ensure that your beloved AT will be here for a long time to come.

As part of this new contract, as I said earlier, we will continue to provide live support and very soon, 24 hour live telephone support for AT. This agreement has forced us to change offices, so we will be moving to a new 4000 sqare foot, 2 story office building on Monday. This is a beautiful facility with more than enough room to support as many support reps as we need to maintain and even improve our customer service. The Support "Bullpen" is already put together and I was here at the new office until 5AM this morning loading software, networking, and generally exhausting myself.

So, just to re-iterate, there will be no live support or telephones on Monday, but should resume as normal on Tuesday.

Thanks again to all of you who have supported us for so long, I promise we'll all do our very not to let you down!

Take care and have a wonderful weekend.

Vince