mx down

MX Members, I have just made one of the hardest business decisions of my life:
USD CASHOUT WITHDRAWALS ARE SUSPENDED!
This is only for the MX Ads USD platform and only for cashouts. All 8 of the MX matrix programs and the MX Ads EURO and BITCOIN platforms are business-as-normal. Plus all other aspects of the MX Ads USD platform is normal with clicking ads, buying adpacks in USD, earning referral commissions, and doing all aspects of the USD business.
And, if you read to the end of this message, I have a possible awesome solution whereby every paid-in USD member of MX.WORLD wins long term. Yes, this is indeed a short term crisis TODAY because our USD platform needs a pause, but perhaps a few years down the road it is a great opportunity for us all to prosper even more, without YOU having to necessarily ever pay another dollar into MX.
I am NOT suspending the MX.WORLD website nor the MX.WORLD business platforms and programs, just the USD revshare cashouts. Because the USD revshare business will have zero money very soon if we leave USD cashouts on. So it is better off for the next 30 days, until after Christmas and New Year, to give me one month or more to find the BEST SOLUTION for the good of the paid in USD members.
Yesterday we paid over USD100,000 cashouts… and we have paid over half million USD cashouts during the last one week… and we have paid around one million USD cashouts since the day my mother passed away on October 21 just six short weeks ago.
Some of those cashouts were fraud and some were corporate expenses, but the bottom line is our online cash reserves are too low for the USD platform to successfully pay out all the thousands of withdrawal requests that are now coming in every day. Within the next one week at our present rate of USD100,000 cashouts daily, within a few days we will be down to zero USD and no one wants that scenario.
Members have been asking me for facts… so here are the FACTS:
Total purchases at MX revshare since 13 months: USD 43 million.
Total REAL MONEY IN: just over USD 6 million.
Total REAL MONEY CASHOUTS: just under USD 6 million.
Total adpack RE-PURCHASES: USD 37 million.
It is these re-purchases of adpacks and the accumulated available cash balances of the members that have caused us to pay out too much money. This problem is not unique to us. All revshare programs that allow re-purchases of adpacks are doomed to eventually fail because they will ultimately have to pay out too much money. Unfortunately I was inexperienced and naïve when I was encouraged to launch MXREVSHARE, and the sinking of our USD ship was already doomed to failure, just like the fatally flawed Titanic ocean liner, as soon we set sail 13 months ago.
I really see no alternative than to suspend the USD cashouts effective immediately... and keep it suspended for one month at least. While it is suspended, we can make everything work correct, such as members complaining to me they can only get one USD or EUR withdrawal per day, but it should be three withdrawals per day (one USD, one EURO, one BTC). And we can continue to verify the members not yet verified. And we can make sure every aspect of the revshare software works perfect.
I could convert our EURO and BITCOIN income to USD and use this money for USD cashouts, but we would still run out of USD within a short time because our members are withdrawing $100K+ per day most days now. Also this is not a good LONG TERM solution… and I need to find the BEST long term solution for our USD revshare platform to be successful, so that MX.WORLD as a whole entity can survive then thrive.
Yes I know in the eyes of many members my decision will kill our revshare business. But we will run out of money this week if we do not suspend, and much better to suspend then go bankrupt, which WILL kill us! I truly believe that I can find a lucrative solution for all paid-in USD members, like buying Apple stock as one dollar a share in 1980 which is now worth 100 times, that will give our members a far higher long term profit than their USD adpacks could. This is not to say here that I will not soon resume USD cashouts, but we need to increase our USD cash reserves.
With so many thousands of paid-in USD members, the pressure on me is massive. Everyday I receive so many emails from our members giving me positive suggestions and negative feedback, which really just adds to my already high stress levels. My mother dying so suddenly was a massive blow to me, one that I really have not recovered from yet, even as I write these words there are tears in my eyes. First my mother dies, and then my revshare business starts sinking, so it is not easy for me presently to function well.
Of course today I do not know what is the BEST long term solution for our USD revshare platform to be successful. But running out of money in the short term benefits no one at all. Better to keep the remaining USD 350,000 cash reserves within my reach for a rainy day or a monsoon of rainy days. Members, I need a break from the stress of receiving too many emails from you, whether good intentions or bad feelings being expressed, so please do not bombard my email account or my personal Facebook or the MX Facebook group with an avalanche of messages. This will not help anyone.
Janus, with his tireless work ethic and his great understanding of revshare platforms, just posted a powerful video interview filmed yesterday. I encourage you to watch it NOW. He will work with the MX leaders and his admin staff and his advisors, to help me find the very best solution to the USD cashouts problem. Who knows, perhaps the best solution is to give the paid-in USD members a shareholding in the MX.WORLD corporation at a ratio proportionate to the volume of their active paid-in USD adpacks plus available cash balance combined, something like that.
So that LONG TERM every paid-in USD member can still earn a residual income with MX.WORLD as we grow these next few years with more innovative products and new pioneering programs, such as the MX GAMES, that will make a huge profit for the corporation.
There is no reason we cannot have ONE MILLION MEMBERS in the year 2020, and do annual sales volume of USD100 MILLION per year. That should be the goal of every MX member to think of their own long term success TOGETHER with a healthy and prosperous MX.WORLD corporation. In this way, the paid-in USD members can earn both as a member and as a part owner of MX.WORLD as we head successfully past the year 2020 to infinity and beyond.
Say yes to succes with MX.WORLD