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Sunday, April 30, 2006

Compact... Do Stuff!

Well here’s a nice little Compact Surfing update. A lottery is definitely a feasable idea to help prolong the ride a little longer add another revenue stream. They often get quite popular and I’m sure we’ll see a lot of members taking a punt.

There’s nothing said about Compact Pay besides the fact it’s in development. Hopefully it doesn’t turn into a NMEPay/Phoenix Debit Card style situation - I doubt it will (or at least I hope it won’t.) Compact have proven themselves to have better nous when it comes to dealing with growth and their members.

“Dear Compactsurfing members,

We hope that you are all having a wonderful weekend. This is just an update on the direction the Compact Network is taking with some exciting site additions in the near future.

Compactlottery is currently being tested and in the final stages of development. The office location from which the site will be managed is in Costa Rica. Operating lottery websites from Costa Rica is currently an acceptable endeavor that does not require specific licensing from the state. Non citizens are welcome to participate. There are more than 130 internet casinos and sportsbooks in Costa Rica, and the state’s attitude towards licensing is one of indifference until any legislation regarding the industry is agreed upon. As long as a company has a business license with the state, which we do, they are welcome to operate such a site. You may refer to the following website for further details: here

The distribution of rewards at this point will remain confidential for now but we assure you that there will be many winners. The lottery will be held every week, beginning at 12 AM EST Monday and ending 12 AM EST Sunday. Ticket sales will thus be open for 7 days, and on Sunday midnight time winning tickets will be drawn and announced. Since the lottery will be held every week, that means more chances for you to win. Tickets will be sold for 5 USD each and a maximum of 100 may be purchased by each member per week. Winners will be paid promptly after they request a cashout. Anyone with an Egold account and valid email address is welcome to join. Compactsurfing members are being notified in advance and we hope that you will spread the word in public forums and to your friends when CS staff officially announce the site’s launch when it is ready.

Compactpay is also in development at the moment. CS staff will announce its launch when it is finalized and ready to go. At the present moment, our company is strong financially and the member base for Compactsurfing is growing quickly, with over 11,500 members now having joined. Payouts are as usual being sent within 48 hours of cashout request and we thank you all for your support. We will continue to develop and enhance what our Network offers all of you to make you happy, because it is your support that has led to our success in the past few months since the Network made its public debut.

With best of regards,

Luuk, Olivia, Nicholas, and Staff
Altus Financial Services Inc.”

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