This site had so much potential. What they would do is take investments from investors to build programs (like money making games etc.). When those programs started earning income for the site, they would pay back the investors with a return on investment approaching HYIP. The thing is it wasn't ponzi because they were actually producing products.

A year ago, supposedly due to the site bogging down in all the debt, ownership(due to having majority of shares and thus majority vote), decided to do a debt swap for shares. They offered shares for 50 cents in the swap and said this was a once only issue. The shares crashed to 10 cents but the site survived based on the claims of the management.

Fast forward one year: The site shares just recently recovered and touched 38 cents, the site has built many programs and they are paying a steady dividend. So just as the site is beginning to settle down into stability, ownership had decided they want to do another debt swap, this time for shares at 71 cents.

This was just announced and already the shares have crashed to 23 cents

Since this issue keeps coming up, I have to announce a potential scam warning. Ownership is breaking their terms of service and forcing changes that they promised they would never do again.

For more info on the topic you can catch up here:

http://mytrafficvalue.com/forum/brainstorm/using_value_to_clear_debt/1.html

Owner is now using funds to buy himself a 'company' car.

I kid you not   

SolidSnake wrote on 26^th Oct, 2013 at 1:08am:


The forum discussion is here:

http://mytrafficvalue.com/forum/news/25_10_2013_565_5958_paid_out_today/1.html#p...

Just a heads up here. These guys are launching a PTC that you will probably hear about very soon in the industry. I am most definitely mixed on the subject. The idea can be potentially revolutionary, the downside is still the admin. Despite all the shares floating around MTV he still has majority control of the site and tends to make rash decisions. He goes off about how he wants to discuss a change but soon makes it known his mind is already made up.

On a scale of one to ten the admin is a two or three.

I'm going to sit this one out but I can afford to because I'm still a member of MTV(I didn't have much choice since he has converted all our cash to shares twice now). MTV stands to take profits for the new PTC as the owner and creator of paidverts. They are the parent site.

Anyway, you might want to read up on it because it will be front and center soon enough and you might be tempted to join. I'm not saying don't join. It might be great for advertising and earnings initially. I'm saying be very cautious because of the fickle ownership. You really could lose everything you invest if he decides it is not living up to his expectations

Here is the discussion page regarding what is coming

http://mytrafficvalue.com/forum/questions/what_is_paidverts_and_how_will_it_work...

Don't ask me to explain much because I have been very disinterested due to the fact I don't plan to join or promote until the dust is well settled

These guys have launched

http://www.paidverts.com

SolidSnake wrote on 1^st Apr, 2014 at 10:11am:




Maybe a new jet or something. 

He has been on pretty good behavior of late. I suppose that is because investors have not been too keen to give him more money

This paidverts thing could go either way. This almost has the potential of what Clixsense was in its origin. Back then CS was a payment processor called Stormpay. Maybe many here already know the story. SP was shut down by government regulators but they had the CS PTC site running on the side. It was a way to bring advertising to SP business accounts.

Because CS was paying a penny per click, (unheard of at the time) it started to become very popular, survived and thrived


I'm thinking that paidverts has the same potential after having a rough start as MTV. The ownership is still the wild card. Is he going to grow up, settle down and run an honest business or is he going to continue his Jekyll and Hyde act? I'm hoping that if this takes off he will actually grow up and act like a responsible business person

This is  adding 200 - 300 members per day so maybe it is time to reconsider it as a legitimate opportunity. The problem with the site is that it kept running low on cash. Maybe they have finally solved that problem by adding their PTC

SolidSnake wrote on 20^th Apr, 2014 at 7:00pm:


The parent site is the one that funded the building of the PTC so the PTC is sort of like the subsidiary. Thus they send all profits to the main site not only to pay for the costs of building but also because the parent site owns the subsidiary.

Kind of like Google France (or you tube, etc.) sending all profits to Google corp. international. It runs as a separate entity