1) IPTL claims that they calculated that they will only pay 4% of each member's earnings this time round if nobody else change their mind. Thats because still many members choose cash as payment option.
2) Thus, they are giving members another chance to reconsider other 3 options by Oct 26, 11pm EST if they decided to use their money for other purposes because 4% of earnings will be less than $5 for majority of payment qualified members.
For example if you earned $500, you will only recieve $20. If you earned $200, you will only recieve $8.
QUOTE
SPECIAL NOTE TO ALL WHO ARE SCHEDULED FOR AN OCTOBER 25 IPTL CASH PAYMENT
We wanted you to know the facts before we release any cash payments to any
members at this time. The facts may make a difference to you regarding
your choice of what you would prefer for this month.
Keep in mind, September was the first month since IPTL's beginning that
IPTL began to actually have more revenue than outgo. It's encouraging and
it's the right direction, but cashflow wasn't in the black by much.
Therefore our
new pro-rata payment policy makes October's cash payments quite small as a
percentage of your cash balance. In fact, sorry to say, as it stands right
now we can only deliver 4% of each recipient's cash balance this month.
After we sent out our recent alternative options to payment recipients,
the large majority still chose to have a cash payment delivered to them,
or did not respond with a choice. You were among those who made a
deliberate choice to still have a payment delivered, or by default were
left to receive a cash payment rather than take one of the other three
option alternatives offered.
We knew that the October 25 cash payments would only be a fraction of the
cash balance in the account of each recipient, but we also thought that
more would take one of the three attractive alternatives this month. Our
guess was wrong.
In fairness to you we thought we had best let you know these facts and
give you another chance in light of them to make any change in your
decision, if you should want to. To provide this second opportunity for
you to choose, we believe we should leave the 3 alternate option choices
open to you for one more day, until 11 PM October 26 (Eastern Standard
Time).
If you want to stick with your choice of receiving a cash payment at this
time (which will be just 4% of your cash balance), then you do not need to
respond to this email at all. You will automatically be among the payment
recipients.
However, if you want to choose one of the other three alternate options
this month, in lieu of a cash payment, you can email us by 11 PM (EST)
October 26 at:
options@itpaystolearn.com
and place JUST your IPTL Member ID and the option number in the SUBJECT
LINE of your email, like this illustration:
AAA000 Option 1
(The above illustration should be replaced with YOUR ID and YOUR OPTION
NUMBER CHOICE.)
Here are the options again...
OPTION #1 Let your cash balance remain in your account, and IPTL will
add 5% to your cash balance as compensation for holding off receiving a
payment for another month. (5% per month compensation is equal to 60% per
annum on your cash.) We may be able to pay a good portion, or even all of
your cash on November 25, but that remains yet to be determined.
OPTION #2 Trade your entire cash balance in now for a special "Purchase
Credit Account" (PCA) that is good for TWICE your cash balance to spend
via IPTL. This special PCA has no expiration date, and it may be used for
purchases through IPTL only. You will be able to use your PCA at any time
you wish to purchase anything or any combination of things that IPTL
offers on its site at any time EXCEPT GOLD PLUS LIFETIME BENEFITS. The
IPTL Store alone will have over 3000 items to begin with, which will be
coming online within a matter of days.
OPTION #3 Trade some or all of your cash balance right now for a banner
ad account worth THREE TIMES the amount of the cash you decide to trade in
at this time. You may use this banner ad account at any time without
expiration to purchase banner advertising offered on or through IPTL. So
you will be able to buy triple the banner advertising that you normally
could for the cash you trade in now. If you take this trade-in option, you
do not have to trade-in all of your current cash balance for this offer,
but you will be foregoing a cash payment at this time.
We hope that this helps you with your final decision. Once we have the
results by 11PM (EST) October 26, we will promptly begin to deliver the
remaining cash payments as quickly as we can.
We wanted you to know the facts before we release any cash payments to any
members at this time. The facts may make a difference to you regarding
your choice of what you would prefer for this month.
Keep in mind, September was the first month since IPTL's beginning that
IPTL began to actually have more revenue than outgo. It's encouraging and
it's the right direction, but cashflow wasn't in the black by much.
Therefore our
new pro-rata payment policy makes October's cash payments quite small as a
percentage of your cash balance. In fact, sorry to say, as it stands right
now we can only deliver 4% of each recipient's cash balance this month.
After we sent out our recent alternative options to payment recipients,
the large majority still chose to have a cash payment delivered to them,
or did not respond with a choice. You were among those who made a
deliberate choice to still have a payment delivered, or by default were
left to receive a cash payment rather than take one of the other three
option alternatives offered.
We knew that the October 25 cash payments would only be a fraction of the
cash balance in the account of each recipient, but we also thought that
more would take one of the three attractive alternatives this month. Our
guess was wrong.
In fairness to you we thought we had best let you know these facts and
give you another chance in light of them to make any change in your
decision, if you should want to. To provide this second opportunity for
you to choose, we believe we should leave the 3 alternate option choices
open to you for one more day, until 11 PM October 26 (Eastern Standard
Time).
If you want to stick with your choice of receiving a cash payment at this
time (which will be just 4% of your cash balance), then you do not need to
respond to this email at all. You will automatically be among the payment
recipients.
However, if you want to choose one of the other three alternate options
this month, in lieu of a cash payment, you can email us by 11 PM (EST)
October 26 at:
options@itpaystolearn.com
and place JUST your IPTL Member ID and the option number in the SUBJECT
LINE of your email, like this illustration:
AAA000 Option 1
(The above illustration should be replaced with YOUR ID and YOUR OPTION
NUMBER CHOICE.)
Here are the options again...
OPTION #1 Let your cash balance remain in your account, and IPTL will
add 5% to your cash balance as compensation for holding off receiving a
payment for another month. (5% per month compensation is equal to 60% per
annum on your cash.) We may be able to pay a good portion, or even all of
your cash on November 25, but that remains yet to be determined.
OPTION #2 Trade your entire cash balance in now for a special "Purchase
Credit Account" (PCA) that is good for TWICE your cash balance to spend
via IPTL. This special PCA has no expiration date, and it may be used for
purchases through IPTL only. You will be able to use your PCA at any time
you wish to purchase anything or any combination of things that IPTL
offers on its site at any time EXCEPT GOLD PLUS LIFETIME BENEFITS. The
IPTL Store alone will have over 3000 items to begin with, which will be
coming online within a matter of days.
OPTION #3 Trade some or all of your cash balance right now for a banner
ad account worth THREE TIMES the amount of the cash you decide to trade in
at this time. You may use this banner ad account at any time without
expiration to purchase banner advertising offered on or through IPTL. So
you will be able to buy triple the banner advertising that you normally
could for the cash you trade in now. If you take this trade-in option, you
do not have to trade-in all of your current cash balance for this offer,
but you will be foregoing a cash payment at this time.
We hope that this helps you with your final decision. Once we have the
results by 11PM (EST) October 26, we will promptly begin to deliver the
remaining cash payments as quickly as we can.