As you know, many dotcom companies have scaled back their generous offers and their once grand plans. With doubts about the value for their advertising dollars invested, companies are more aggressively pulling out of these offers and/or attempting to reinvent themselves - and sadly, increasingly finding themselves compelled to close up shop in some cases!


Just the latest:

Dear MValue and SweepSurf Members:

As many of you know already, our site and service has been down since last
Friday. We sincerely apologize for not communicating sooner, but our email
server has been down and we were having problems accessing our membership
database. We wanted to update everyone with respect to our membership
payments, our prize payments and the MValue and SweepSurf services.

As a young start up company, we needed additional investors in order to
continue operating and growing our program. Fortunately, at the end of
August we signed a deal with a major new investor to put a significant
amount of capital into our company. This put us in what we perceived to be
a very solid position to launch SweepSurf. Regrettably, that investor
unexpectedly pulled out of the deal after the launch of SweepSurf.

This was unfortunate and put us in a very difficult position. Through
September, we made our best effort to raise additional capital. However,
on Friday September 29th we were forced to shut down. Because the operating
expenses of running the business through September exceeded our revenues, we
will not be able to make any MValue or SweepSurf payments. This is a very
unfortunate situation and we sincerely apologize to you. At this point,
unfortunately, there is nothing that can be done. If there are any
additional developments, we will contact you directly. We launched our
company with the best of intentions and honestly did not anticipate this
outcome.

Sincerely,

The MValue-SweepSurf Team