Its also important to point out that we are almost over the 'RUSH' of payouts we received when we shut the SAS Bank down on March 30th.
The bank had over $20,000 saved up in it from all the members and once it was shut down, I honored ALL bank credits for cashable credits. Most members had nothing better to do with these cashable credits except to cash them out.
We saw this HUGE payout list (I am referring to the dollar amount, not how many requested) throughout April, May and June.
Each of these months had over $12,000 in payout requests.
Right now, we have about $2400+ remaining on the June books.
The entire July requests total: $5600 (much less than the $12000 from previous months)
August requests total: $2500 (this will be about back to normal)
September total: $1550 (wow...lower than I thought...

)
This is why the payouts don't seem to be reducing much as far as "paypal = 120 days" ...
We paid out $5240+ in the month of August.
We paid out $5600+ in the month of September.
If we continue on this trend (payouts around $5000 per month), its easy to see by the time we reach the August and September requests, we will catch up very quickly.
For now, the June payouts will be completed by the end of this month (October).
July payouts should be completed within the first 3 weeks of November.
August requests during the first week of December (notice only 2 weeks time will elapse for an entire months payouts...thats because they payouts are only $2500).
September: 3rd week of December
October: End of December
November: First 2 weeks of January
December: End of January
January: within 2 weeks of requests (hence, we will be within terms from this point on).
Anyone want to make a wager that we can achieve these goals?
Rod