News for October 18th

Effective immediately, there will now be a 1% service fee applied to all rebate program earnings.  I apologize for not including this in the previous update.

News for October 16th

The 90% repurchase rule has changed to 95%, since the 90% rule was based on the old 27 day program.  This actually should have been done when we switched to the 26 day version to keep everything as fair as before, and delaying this decision until now has taken us a little off target in terms of cashflow (fortunately, company value hasn’t been affected).  I know the idea of “yet another adjustment” can seem worrying but, as mentioned above, this change was meant to go hand-in-hand with the 26 day program to make it more parallel with what the 27 day program used to be.  Please give me a call if you’d like further details or have any questions.