por banner'star'broker Dom 31 Mar 2013, 23:14
Nicholas Chenery publicou no grupo Banners Broker Support Group
"i found this on bannersbrokers world
I hope this will help people understand why we are experiencing delays with payout transfers from our e-wallets.
Firstly, it must be understood that what is showing as “available to withdraw” in your e-wallet is NOT REAL MONEY – The figure represents your earnings that are owed to you by BB.
There is NO CASH in your e-wallet!
When BB transfers money to your STP or Payza account, they can only do so from their CASH RESERVES - which are held in their different Bank accounts around the globe.
When there is insufficient money in their cash reserves for a full transfer, then BB can only do a part transfer. Even those amounts are huge!
EXAMPLE: Say there are 200,000 affiliates expecting to receive $1,000 each. This means that BB would need to have $200,000,000 CASH sitting in their “cash reserve” accounts.
And that is not peanuts! But what if there are 300,000 affiliates, each expecting to receive
$2,500??? That is 750 million dollars that would need to go out in one hit.
Cash flow problems are common with new rapidly growing companies.
This extract is taken from Wikipedia regarding AMAZON:
“Amazon's initial business plan was unusual. It did not expect to make a profit for the first four to five years.
This "slow" growth caused stockholders to complain about the company not reaching profitability fast enough to justify purchasing in, or to even survive in the long-term.
When the dot-com bubble burst at the start of the 21st Century, destroying many e-companies in the process, Amazon survived, and grew on past the bubble burst to become a huge player in online sales.
It finally turned its FIRST PROFIT in the fourth quarter of 2001: $5 million (i.e., 1¢ per share), on revenues of more than $1 billion.
This profit margin, though extremely modest, proved to skeptics that Bezos' unconventional business model could succeed.[19] In 1999, Time magazine named Bezos the Person of the Year, recognizing the company's success in popularizing online shopping.”
So people, PLEASE BE PATIENT and try to understand BB’s predicament. If Amazon can eventually become a major global player, then so will BB.
Yes, BB’s Pay Outs at this stage are painfully slow, but they always come through. I personally have a lot of faith in BB’s management and their ability to profitably handle the Billion dollar revenues generated by their revolutionary business model. I also believe 100% that the present delays with their payouts to us are temporary and will be resolved in the near future.
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