is shutting its doors. Somehow knew this would happen, I signed up for the Program, over a year ago, wondering, waiting and anticipating its BIG OPENING! I don’t think there was quite a big opening though, people continued to promote it throughout the web, so I just sat back and wondered why.

Then yesterday I get an email from AGLOCO saying:

“Dear Jacquelyn ,

We would like to update you on the status of AGLOCO’s operations. 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. As a development team we are unable to continue to use our savings to fund the operations. If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at agloco1@live.com .

We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user. We hope that we can find a way to keep the operations going.

AGLOCO Development Team”

What was the Concept of AGLOCO? That I could not really figure out. But I think basically you build a huge referral base and then make money surfing from what I get from the site. But, the company also needed advertisers so that you can have something to surf. Somehow I felt like the gig was missing something. Then, it finally fell through. Reminded me a bit of the 12dailyPro Days…

John Chow might be interested in buying it though. :P

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