Disturbing email from AGLOCO.com

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Here's the exact email I recived just now in my email :( Dear ***** , We would like to update you on the status of AGLOCO's operations. We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs. As a development team we are unable to continue to use our savings to fund the operations. If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at agloco1@live.com . We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user. We hope that we can find a way to keep the operations going. AGLOCO Development Team SO basically what they are saying if they don't find any money to support the operating costs in the next few weeks agloco.com is no more and all the members who invested time in this site will loose all the money they earned. It is really sad you know. I knew it was beginning of the end deep down inside :( When aglocomails was giving out 100 dollar emails! and when the security certificate expired, and no update for almost 2 months, I knew things could not be going good. Supposedly aglocmails was a scam site who supposedly was run by a bootlegger but in reality I think it was agloco.com's way of trying to make some quick money. For 3 months I have been a member and not once did I see a dang banner ad! how the heck do you plan on staying in business with no banner ads on the viewbar??!! COmpanies are paying millions to advertise on TV and the itnernet yet they can't find 1 advertiser??! Something tells me they were out to make as much money as they could and cashout. what do you guys think ?? :(