Bulletin
22 January 2010
Dear Stakeholders,
Hello again and welcome to 2010. A year that will see some amazing developments on the internet and with SqipCom.
I have a lot of info for you in this bulletin. So please read and understand it all.
Messenger; Is on schedule for end of Feb launch..
Beta testing; Support gets mail daily asking if a member can be a beta tester. The thing is you will ALL be beta testers with the launch of version 1.
Portal: If you were a member earlier last year you will have used the original portal that we developed with about 20 themed websites in it. Several of these sites will be back with access via the Do More tab in Messenger.
Developers: We will be opening up Messenger to developers from day 1. Any developer can create an application, addon or plugin for Messenger and if it is a saleable app we will share the revenue 50/50. Look out for more Apps info on the new web site.
New Web site; Almost completed and looking good!. It will introduce and feature Messenger, provide download links as well as affiliate info.
Being an affiliate: Anyone can be an affiliate by introducing Messenger. The advertising revenue is shared out in commissions by one of our joint venture partners. There is no buying or selling involved. You earn commission automatically every time anyone in your referral network opens Messenger. That ‘s free money and an ongoing passive income for you if you want it.
You can realistically earn 10 to 50k a month in passive income over time. All will have to do is spread the word about Messenger.
Asking for updates; Please stop sending mails to support asking for updates. I will send out bulletins when I have something to say. If a few weeks go past without a bulletin, please do not panic. We are in great shape here and on target to deliver some truly amazing things. So stop pestering my support team.
Other mails to support: I was reviewing a whole bunch of mails sent to support recently. This has prompted me to introduce some penalty clauses.
If you send an email to support with a question that is already covered with info already on the website or previous bulletin; then you will have 1 PEP deducted from your balance and not receive an answer.
We are getting way to many mails from people who are just too lazy to read the info. So this PEP debit system should put a stop to that.
Stakeholder privileges; please understand that I have made SqipCom a social enterprise and have allocated a percentage of the company to be owned by stakeholders. I did not need to do this as we are not dependent on you to achieve our goals here. This was a gesture of goodwill to help as many of you as possible to increase your wealth.
Sadly some stakeholders have not understood this reality. They send rude emails to support and generally behave as if they own the whole company and can snap their fingers for immediate attention.
I have recently had to kick out quite a few idiots who were behaving this way.
So here is a heads up….
If you send rude mails or threaten to cancel payments or make stupid demands etc etc…you will simply be kicked out without notice and refunded in full for any payments you have made. You will not be accepted back into our stakeholder community.
You are a stakeholder because I have made a goodwill gesture. The company is not dependent on the stakeholders.
Flushing out: The next phase of flushing out will begin on the 1st Feb. anyone having less than 10 PEPs will be removed from the stakeholder list.
So if you intend to belong to the stakeholder community you need to take action before the end of the month.
If you opt to get removed from the list, you will be refunded in full for any previous purchases you have made…for example Booster points etc.
Subscription payments; This option will end at the end of January. So if you are going to opt for making monthly payments you need to get your AlertPay subscription set up before the end of this month.
New Rule for subscriptions: There are too many stakeholders taking multiple subscriptions and then not having enough funds to sustain those subscriptions. Alert Pay cancels a subscription automatically on the third failed attempt to pay.
From now on any stakeholder who has a subscription cancelled due to failed payments will be removed from the stakeholder list. Any previous payments will be refunded and the PEP account set to zero. Reentry to the stakeholder program will not be allowed.
Ok now that we have cleared those issues we can go forward together into an amazing future for SqipCom.
Regards,
Christian.
Co founder. CEO
Dear Stakeholders,
The new calculation for total equity and profit sharing has increased both your total equity value and your profit sharing dividends.
Originally we projected that the membership base would increase the equity to 12 euros per PEP by 2012 and maybe even by as much as 20 euros per PEP.
This was equity value not cash dividends. In other words If I sold the company by the end of 2012 you could have expected a pay out of up to 20 euros per PEP at that time.
The cash dividends along the way were projected to be an average of 2 to 3 euros per year per PEP. This projection was based on the projected income streams at that time.
Well things have evolved, developed and changed.
We will now have the possibility to deliver millions of revenue sharing ads into Messenger. A possibility we did not have before.
This has made it possible to project much more realistic revenue for the next three years and enabled us to move from a membership based equity valuation to a turnover valuation.
The Messenger profit sharing is now being allocated to every qualified stakeholder regardless if you had bought profit share in Messenger or not.
Also, the profit share from Messenger revenue has increased to a full 10%.
If you had purchased profit share points in Messenger, these points have been increased by a factor of 100.
The old PEP total has been divided by 100 and the new totals have been combined to create a new PEP total for stakeholders.
You have NOT lost out here
Here is an example of how you have benefited from the recalculation and combining of Messenger points.
Example: If you had 10,000 old PEPs the expected cash value was as follows.
Total dividends paid by end of 2012: 6 to 9 euros per PEP.
Total equity value by end of 2012: from 12 to 20 euros depending on growth and turnover.
Now lets look at the new calculations based on more total equity being released to stakeholders plus the revenue streams being created by Messenger.
10,000 old PEPs are now 100 new PEPs.
Each PEP is projected to return up to 400 euros during 2010. And up to 800 euros in 2011/12.
This return is profit sharing dividends and will be paid every 30 days.
The profit sharing dividends will increase as more people are using Messenger.
The projected equity value per point is now up to 4,000 euros.
Compare the 2 projections and you will see the difference.
Old system would have paid out up to 90,000 euros by the end of 2012 if you had 10,000 old PEPs.
The new system will make you 200,000 euros in profit sharing dividends if you have 100 new PEPs. Which is 10,000 old PEPs divided by 100.
Now let’s compare the equity buy out figures.
Old system would have resulted in an equity payout of up to 200,000 euros if the business was sold by the end of 2012. This is based on having 10,000 old PEPs.
The new system will result in a payout of 400,000 minimum based on having 100 new PEPs.
The profit share dividends and exit equity are dependent on total sales. But the numbers are realistic based on the technologies being integrated into Messenger.
Please take a little bit of time to digest and look at the numbers.
Also, we have not completed all the account updates for stakeholders who have purchased PEPs.
We are working through the list and hope to have all accounts updated by Thursday 3rd December.
If you have made a cash purchase prior to the new system, your account will be updated on a 1:1 ratio.
Please do not swamp my support team with questions.
Please read and understand the new system.
The bottom line is that everyone will be much better off in real cash terms both with profit sharing dividends and equity value….regardless of how the points are reported now.
I also want to bring to your attention the opportunity you have to make even more residual income when you use and promote the Messenger.
When anyone in your referral network is using Messenger, the ads are being delivered based on profile, interest and demographics.
The ads are non intrusive. Every time an ad is delivered you are making instant cash commissions. You do not need to purchase anything to have this additional residual income stream.
An income calculator for the Ads revenue commissions will be put on the web site in a few days. This will be in the Affiliate section of the site.
So you have 2 ways you will be making money with SqipCom.
1. As Stakeholder
2. As an Affiliate promoting the messenger. This of course is optional as you are under no obligation to promote the Messenger or build a referral network.
Regards,
Christian
CEO SqipCom.
