What happen with Aclogo Company? Is Agloco Death?

Two days ago I received mail from Agloco.  I don't know whether or not this is a "death mail" from Agloco Development Team.

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

By tried to visit both The Agloco Official website and Agloco Blog I did not find any updated news there relate to the death mail was confirmed to me.  One thing I did not do is sent or call Agloco Development Team to ask this.  So, what happened with Agloco company..Are there some of you want to share about this?

Additional: Unusual than before, since got the death mail, my agloco viebar is always show error in the ad space

Technorati Tags: Agloco Update,Recent of Agloco,Death Mail