Friday, March 09, 2007

4NM merges with CEP

4NewbiesMarketing is merging with CEP and i guess members can't really complain about this annoucement. This is one way the programs can last longer. With the collapse of DSM, 4NM was actually a prime suspect to follow suit and leave members with a double whammy.

As of now, cashout is every fortnight and there is no more compounding or daily cashouts. If that is what it takes to prolong and stabilise the program, i think it is the lesser of two evils as compared to the program closing down without paying members.

There are lingering doubts over the legality of CEP Trust Payment Processor. Definitely, there are advantages for members (greater accountablilty and transparency) when we know that a payment processor has been registered and is licensed to operate.

But i guess in this line of business, legality is not something which can be established easily. The main business (autosurfs) is in itself illegal in the eyes of the law and everything associated with it will also not be recognised as legal entities. Hence, having a licensed payment processor (and running an autosurf at the same time) is next to futile as we cannot expect it to be around when the surf sites are all closed down and owing members money.

This industry is not ready for regulation from the authorities just yet as there is no stable or sustainable source of income which can be proven. The ad packs purchases make them look like viable businesses but at the end of the day, they are still cleverly disguised ponzis. If we want to be in this industry, then we cannot expect to have the best of both worlds, not yet at least.
I have some more exciting news to share with you all. I have been in talks with CEP regarding a possible merger between 4Newbies Marketing and CEP, and I am glad to be able to say it is here. Having the financial stability that CEP brings to the table is vital for my long term plans for 4Newbies Marketing.

As of the mailing of this email there will be some changes that will need to take effect in order to move everything under the CEP umbrella.

I will still remain as your trusted Administrator. The current advertiser we have will be placed on hold until the merger is complete.

This is not 4Newbies Marketing Part Deux, or Reloaded. This is just needed in order to facilitate the move to CEP.

Temporary Changes:

-The max rebate will be set to 2% a day until EVERY ONE is paid in full. -PLEASE KEEP VIEWING ADS in order to earn 130% on all current ad packs purchased.
-All pending cashouts due today, March 7th, have been paid.
-All other pending cashouts made today are disabled(denied) and upgrades are disabled as well.
-There will be no more compounding.
-Cashouts can only be requested once every 2 weeks and that is what is paid on every other Friday
-Cashouts will be made every other Friday begining next Friday, March 16th, until all members are paid in full 130%.

Once everyone is paid in full, the current PatsPro script will no longer be utilized and the CEP switch over will begin. I will keep you up to date with the progress and with any other technicalities that may arise.

That is all for now, and I look forward to a long and prosperous road ahead for all of us as we begin to break the mold and start to spread out across other industries.

Have a great day.

Visit http://www.4NewbiesForum.com for all the latest on 4Newbies Marketing.

Peace,

Israel
4NewbiesMarketing
4NM Media, LLC

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