GottaLottaHits Update

Looks like more updates again. This time from GottaLottaHits.

General Status & StormPay Payout: Thanks for your patience in receiving this much needed update.

StormPay: We have had a lot of questions as to how StormPay's actions affect us. This is an unfortunate incident indeed. We do have a strong theory as to what is going on with them but only time will tell if we are correct. In any case, we have discontinued our acceptance of StormPay for the seven reasons previously given. Although we have not been affected like some other autosurf's have, it has affected us nonetheless. Therefore, the question we have been forced to answer is; how will we financially recover from this. In answering this we must assume we will not receive reimbursement of StormPay funds. So, two aspects must be considered; (1) what is the quickest resolution, and (2) what is the most subtle resolution. Our answer is what is already found in our Terms section E. We have decided to slightly, and temporarily, reduce the daily percentage. So, January's earnings will be reduced to 1% instead of 1.25%. Also, the remainder of February will be at 1% and the referral commission will be reduced to 5%. This 'fix' is the most subtle change we could come up with. We will re-evaluate at the end of February, but this should bring us close to recovery.

StormPay Payout: If you upgraded with StormPay, we ask that you create a PayPal account to be paid to. (You can do this by clicking on the PayPal icon on our homepage. Also, you do not necessarily have to upgrade from PayPal in the future as egold is also an option.) Once this account is created (or if already had), please 'Edit Account Details' above with this info (make sure you enter your GLH password to confirm the change). THEN, email us with your GLH account # and PayPal email address (PayPal account id). Please email this to quickfix@gottalottahits.com. If you do not want to receive the payment to PayPal, there are two options; (1) you can receive a delayed payout to egold (about a week late), or leave the payout in your cash balance for when we start accepting EMO. In either case we do ask that you email us at quickfix@gottalottahits.com to let us know.

StormPay Charge-backs: We have had a few charge-backs to StormPay. Please know that this works against our program and members, is against our Terms, will cause your account to be suspended, and will cause you to be permanently banned from our site. We are trying very hard to move this program forward through this StormPay situation. When we receive a charge-back it uses up our time, energy, and undermines our recovery strategy for ALL StormPay, PayPal, and egold users alike.

StormPay Summary: Although we have nothing to do with the StormPay incident, or any of the programs directly affected by it, we do apologize to you, our members, for the subtle, and temporary, pay decrease you will receive. We never expected to actually need to temporarily reduce the daily earning percentage as stated in our Terms, but we do count on your support to help us get through this as quickly as possible. Furthermore, in the world of autosurf's and hyips, 1-1.25% may sound like a low amount, but in the REAL world 1-1.25% is a HUGE amount.

Other Payment Processors: We have been repeatedly asked if we are going to accept other payment processors such as UniClear, AlertPay, GreenZap, Ebullion, etc. At this point in time all we are committed to say is that we are moving forward with EMO as our third processor. Because of the StormPay upset, our time and energy has been consumed and has thus slowed our EMO acceptance down. We are hesitant to give a timeframe with which to expect EMO, but March may be a realistic ballpark.

In Closing: We thank you for the overwhelming prayer and support we have received. We trust that you will understand our decision and judgment. As always, we do welcome your feedback... and payouts will begin later today.