Innity ~ another Advertlets wanna be? Innity was not able to pay its publishers last month. Announced “Payment will be issued by 30 April 2010. Apologies for the delay and inconvenience caused”… Well, I still did not get any Innity payment as of now. Really scare (Advertlets case makes me hardly to trust local advertising company). Therefore, I checked out Innity stock price ~ INNITY (0147).

Innity stock performance from January 2009 to May 2010

And found this announcement from Bursa Malaysia…

The Company wishes to announce that the percentage of public shareholding spread of Innity based on the Record of Depositors of the Company as at 3 May 2010 is 24.71%
Pursuant to Paragraph 8.02(1) of the ACE Market Listing Requirements (“ACE LR”), a listed company must ensure that at least 25% of its total listed shares are in the hands of public shareholders (“Required Public Shareholding Spread”). In this respect, Innity has not met the Required Public Shareholding Spread given that less than 25% of its listed shares were in the hands of public shareholders.
The Company will be submitting an application for extension of time to comply with the public shareholding spread requirements pursuant to Paragraph 8.02(4) of the ACE LR.
Innity will monitor its shareholding spread and is currently in the process of exploring feasible measures to comply with the Required Public Shareholding Spread.

Seem like some public are dumping Innity stock… Did some checks again, found out that Innity biggest share holder is Jobstreet Corporation Berhad. JOBST (0058) stock is performing very well lately. Err… Don’t want to continue searching.

Final question, do you still publishing Innity ads?

Update ~ Two-day float: RM481.81 Innity cheque in my Maybank account as at 05/05/2010

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Greeting, my fellow readers. Do you know Advertlets? If you have been blogging long enough (like 3 years), you should know this Malaysia advertising company which called Advertlets. It is so famous in year 2007. Check out my old old post ~ Advertlets.com – Beware of this online advertising company to find out more about Advertlets.

Uncle Sha from Singapore is facing the same issue like I did 2 years ago. He made a conclusion that Advertlets is a scam. You will see a lot of interesting stuffs when you search ‘advertlets scam‘, ‘advertlets suck‘, ‘advertlets not paying‘ keywords at Google.

Are you still publishing Advertlets ads? If so, when was the last time you get your payment?

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Thanks Innity for its 1st payment. The payment was late but arrived safely. By the way, Innity bank in the cheque into Maybank account directly for me. Therefore, it cut short the mailing time. I love this feature as I don’t need to go to bank myself in order to get the payment.

Okay… I clear the doubt that Innity will not pay like Advertlets. Above payment consist of 3 months revenue. The first month revenue was below RM50 cash out limit. And the 2nd and 3rd month revenue exceeded my expectation.

Not using Innity Performance Network yet? Head to Innity website to sign up now.

Note – make sure that your website has 15,000 Pageviews per month on average and a minimum of 3,000 Unique Visitors per month.

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Hey, I got rejected from Innity. Too bad. I cannot find Innity review much. Some said Innity spam her mailbox. I was going to test out this local advertising company. However, Innity did not want to give me a chance to test it.

Innity requirement is not low. Below are the 2 of the requirements.

• Websites must have a minimum of 10,000 Pageviews per month on average.
• Websites must have a minimum of 2,500 Unique Visitors per month.

spBlogger.com did not fulfill these 2 requirements. Therefore, I submitted PrettyGirl2u.com that had 7,596 visits and 51,618 pageviews and got rejected. I think that I should submit JayceOoi.com that has 53,057 visits and 88,654 pageviews. But I cannot do so because of JayceOoi.com is getting most revenue from Nuffnang. I cannot dump Nuffnang so something that I do not know, right?

Advertlets and Nuffnang did not reject PrettyGirl2u.com. Why Innity rejected?

Dear Ooi,

Thank you for your application to join Innity Performance Network. After a few rounds of review by our team, we have found that your site now does not yet meet our network criteria. Therefore, we are unable to accept you into our network. We do believe in the potential of your site to grow substantially over the years and we are still open to future cooperation.

We have to ensure the effectiveness of Performance ads for our publishers and our advertisers. Hence, we review all publishers, and unfortunately we have to reject certain applicants.

If you need more information, please let us know.

Thank you for your understanding.

Sincerely,
The Innity Performance Network Team

Anyone is using Innity Performance Network? How is the earning compare to Nuffnang and Advertlets?

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Advertlets is the slowest payment advertisement company in Malaysia. Why did I say so? They are slow in everything… Support is slow, cheque payment is even slower. Hmm… There is a long story behind Advertlets and Jayce Ooi’s Paradise . Enjoy the story…

Advertlets was the first local online advertisement company that selected in Jayce Ooi’s Paradise . I joined Advertlets on 28 May 2007. I put a lot of hope in this local company during that time. It was better than Nuffnang back then. I managed to get RM50 by writing a review on Advertlets in its RM15,000 for 300 Bloggers Program! Another RM25 for StarCeleb.tv review . Lastly, another RM20 for StarCeleb.tv Roadshow Event Announcement . Besides paid post, a website should have some income on the advertisement. That is the main purpose that I joined Advertlets. However, Advertlets did not want to pay me for what I deserve. And stated that there are a significant amount of click frauds. Therefore, Advertlets denied my 2 cash out on June and August 2007. See what Josh, Advertlets CEO said to me on King of complain is backed!!! post.

Advertlets forfeited all my earning. After complained… Advertlets bla… bla… bla… Give me back RM90 (hey, it should be RM95) in the end. So I decided to give a chance to Advertlets so that I can cash out again when I reach RM100. Finally, I cashed out again in 18 December 2007. It is 7 May 2008 now. After 5 months since I cashed out. I still did not receive any cheque from Advertlets. Of course, I did complain again on 10 March 2007. And Advertlets did the same bla… bla… bla… again and again. What did I do? I removed all the Advertlets advertisement at Jayce Ooi’s Paradise. What is the point of putting Advertlets advertisement when it do not pay at all?

So… How long will I need to wait for this first Advertlets cheque?

For your information, I received 2 cheques from Nuffnang and 1 payment from Google AdSense already. Third Nuffnang cheque is coming very soon. Advertlets is way too slow in everything.

Think twice before sign up with Advertlets. The cash out limit is RM100. You need a very long time to get it if you blog traffic is low. And Advertlets might deny your cash out then.

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