Snap-Shot-Bonus details were released on the site 16Sep10. The details are only slightly different to what was previously mentioned on the conference call. I have highlited some of the important details.
Kooday is going to share a special bonus with members we named the Snap-Shot-Bonus. . Kooday’s sole discretion is the only determining factor on who will qualify. No other term, condition or statement anywhere will be able to override Kooday’s decision on who qualifies for the Snap-Shot-Bonus.
What is a Snap-Shot-Bonus?
Kooday decided to award a bonus to members that have helped in the initial beta testing of our business. We will be recording your status within Kooday on a specified day and this will determine what you are eligible to receive from this special bonus. If you possess Profit-Share-Credits and/or Gold-Credits or have a Diamond status you will be entitled to participate in this special bonus. You must be a member in good standing with Kooday in order to qualify. Kooday’s sole discretion is the only determining factor on who will qualify. No other term, condition or statement anywhere will be able to override Kooday’s decision on who qualifies for the Snap-Shot-Bonus.
How much are members eligible to receive?
Members in good standing with Kooday are eligible to receive monies paid to them at intervals throughout the year. The Snap-Shot-Bonus is in direct relationship to our future success. If we become profitable members will get their share. Kooday plans on sharing some of the profits to members who qualify for the Snap-Shot-Bonus and once a member has received their allotted portion Kooday will consider the Snap-Shot-Bonus as fulfilled and no further obligation should be expected.
Here is a breakdown of the possible maximum earnings for the Snap-Shot-Bonus:
Example: If you had 33,000 Profit-Share-Credits then you qualify for $33,000
For each Gold-Credit a member possesses at time of Snap-Shot they will be eligible for $100.
Example: If you had 1500 Gold-Credits then you qualify for $150,000 plus $50,000 for Profit-Share-Credits.
If you are a Kooday Diamond you will qualify for $500,000 for each $1000 you have in value of your KeyWords up to a maximum of $2,500,000. (There was talk about this being $5,000,000 but this has been changed)
Example: If you are a Diamond and have a keyword value of $5,000 or more you will qualify for the maximum bonus of $2,500,000 plus $500,000 for your 5000 Gold-Credits.
Example2: If you are a Diamond and have a keyword value of $2,000 you will qualify for a bonus of $1,000,000 plus $500,000 for your 5000 Gold-Credits.
Example3: If you are a Diamond and have a keyword value of $500 you will qualify for a bonus of $250,000 plus $500,000 for your 5000 Gold-Credits.
Example4: If you are a Diamond and have a keyword value of $100 you will qualify for a bonus of $50,000 plus $500,000 for your 5000 Gold-Credits.
When will the Snap-Shot-Bonus take place?
The Snap-Shot-Bonus will take place on September 30th/2010. Everyone out there should thank the Kooday diamonds for allowing Kooday to extend the Snap-Shot day from the rumoured Sept 22 to Sept 30th. We have (x) amount of money that we are comfortable to allot for this bonus and it has been decided in order to extend the date of Snap-Shot it came at the expense of our Kooday Diamonds. If you know a Kooday Diamond give them a great big Kiss! The main reason for extending the Snap-Shot date was to be fair to the members that are waiting to add funds to AlertPay. The process is taking many members extra time before they are able to get funds into AlertPay.
What are KeyWord Penalties? (This is related to the Snap-Shot-Bonus)
A KeyWord penalty is designed to render ineffective irrelevant keywords and phrases in our database. Kooday will examine each keyword or phrase that you own. Once we begin crawling the internet and we cannot find your word or phrase on real websites then a penalty will be issued. The penalty will be the removal of Profit-Share-Credits, Gold-Credits or (dollar value considered) gained by these useless words. Keep in mind that we are talking about the qualifications for the Snap-Shot-Bonus and this penalty is not necessarily related to other aspects of Kooday. We have always stated that only relevant keywords and phrases that can be found on websites will be counted as valuable.
Example: If you bought the word (fybi9ubhgcfdgn) and were given 100 Profit-Share-Credits then you will lose the Profit-share-Credits earned for the purchase of this word. When you lose Profit-Share-Credits it will lower the amount that you were eligible at the time of Snap-Shot-Bonus.
Make sure your keywords and phrases can be found on real websites.
FOR YOUR INFORMATION
Once the Snap-Shot-Bonus is taken members will still be able to continue as usual with Kooday and new members will be able to climb their way towards becoming a Kooday Diamond.
So very good news for those people that have not yet hit Diamond and new members. I haven’t heard of any Diamonds complaining either which is good to see.
What are your thoughts good and bad?
Members will still earn profit share credits and Gold credits as per normal. There is going to be some change to the compensation plan after snapshot with emphasis on the words.
Currently members get
15% Profit on words that sell
50% of Site linking fees to their keywords
10% referral commission on words their direct referrals buy
20% referral site linking fees
Profit Sharing plan with 3 levels.
Giving Kooday members something to smile about
If you haven’t already joined Kooday click Kooday and it will take you to the site. Then email me or comment so I can get in touch with you to get you on your way to Kooday Diamond. Get in on the action and join Kooday today.
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