Showing posts with label payments. Show all posts
Showing posts with label payments. Show all posts

Saturday, 12 October 2013

Clarifying confusion on payments


There are a lot of confusions and frustrations with coingeneration.com program and sites. For almost two months going to the third month new updates could be read on homepage and blogs.  Now a new and latest message was posted about  "clarifying confusion on payments" 

Side Effects By Joao on Thu, 10/10/2013 - 07:56

We would like to clarify the present situation with payments to avoid any confusion or misunderstanding. Daily withdrawal volume that we are able to support is 30% less than required to make sure everything is great. This is a temporarily problem which we may assure you will be fully resolved as we have all required funding available on our offshore accounts and are almost ready to boost our financial engine back again. 
For sure it's been quite a while since we've finished dealing with Payza refunds, however, as you might have noticed, all request we received were resolved. It was against our plans to run into such turnaround but still intend to resume Payza payouts to speed up with payments. DG is currently preparing a press release for October 2013 and we have some fantastic news to share! 

New version will allow custom branding modifications to allow individual peer-to-peer networks alike DG to be developed by any user, we believe that the competition in data processing markets is to skyrocket in 2014 with new players coming into this industry. We have nothing against newbies to show up on the block but have decided to secure our market presence from possible unethical actions and consider to follow the strategy aimed towards M&A of other data processors. All necessary steps to provide a turnkey platform for distribution, billing and marketing are being taken now and we're just about ready to strike!

We kindly request all members to provide us the required timeframe to finalize all arrangements with script update and optimization of cashflow. There will be no similar situation in the future however your patience is needed at this exact moment, we will have all payment issues rectified by October 15th. Payza payouts will be available starting October 21st as we have confirmed a six figure amount to be released by Payza to DG from our outstanding balance and so far consider to provide PayPal payouts in November to all users as well. We hope to see your enthusiasm to promote DG to be pumping once things start to work perfectly well again in the nearest future.
Life doesn't always give fair chances to all but our destiny is in our hands.
Truly yours,
Digital Generation Administration
.................................................................................................................................
Some notes to ponder ; 
1. Daily withdrawal volume that we are able to support is 30% less than required to make sure everything is great.  ( I had not received any payment i dont know how much and where that 30% goes or being paid)
2. A temporary problem because of the offshore accounts being resolved. 
3. Payza refunds finished . There is an intention to use again payza. 
4. New version will allow custom branding modifications to allow individual peer-to-peer networks alike DG to be developed by any user, we believe that the competition in data processing markets is to skyrocket in 2014 with new players coming into this industry.
5. All payment issues rectified by October 15th. Payza payouts will be available starting October 21st as we have confirmed a six figure amount to be released by Payza to DG from our outstanding balance and so far consider to provide PayPal payouts in November to all users as well. 

Sunday, 21 July 2013

Review of the earnings from coingeneration



The last payment i received from coingeneration.com was last July 18, 2013 , i cash out $ 10.19 from Payza.com  but i only got  $ 9.69 because of the transfer fees from Payza.com.  Reviewing my withdrawals and  estimating what i should have earned since  my registration , i was wondering that there is something missing with the financial datas from the back office.  This is how i try to configure if there are inconsistencies ; 

Registration, download and Start of  thread software generation :     June 12, 2013

Start of  software operations  ( 1 trial thread)                                               :     June 12,  2013
Purchase of 1 new thread  subscription                                                         :     June  18,  2013
End of Trial Thread                                                                                        :     July  12, 2013

No Internet for a few days  (  July 5 - July 7) 

Estimate earnings / per day of  "Thread" subscription                                :     $1.02 

                              An Image of  Statistics and Payments from the system : 





                  Statistics shows earnings  June 13 - July 20  from Thread total = $ 52.678

Examining the statistics you can see start of earnings from thread on free trial, with start of thread subscription ,  no internet , end of thread trial and with referrals . 

It is also clear that $1.02 is not a regular earnings per thread from the start almost a week before it rose up to earn into a dollar. 

There is a big discrepancy with the available cash , account balance and with the total earnings. 


The image below are the cashout  since the start on June 12 to July 20, 2013 










Reviewing of the earnings with coingeneration is more better by cash flow system:


I found out that the balances is not that far with the available balance and the current balance of the backoffice.  My doubt that  balances are not right  was no basis.  Coingeneration.com is really paying and paying right .