Paid.vg - gone

As I was saying in "Buxmania" some of PTCs are going to stay and some are going to disapear; this week it was Paid.vg turn to disapear; the reason I take this one separately is that it was a relatively long time around (about six months) and because his owner tried to give an explanation to the life - death cycle of a PTC site.
This article was post on Paid.vg on 25th April 2008; as this site is going to dissapear I post the article here, so all the people interested in this PTC - industry (I think, we can call it this way), could read it and think about it. I am using PTC for a long time and I'm going to use them from now on, but I think it would be fair to know something from a man who was inside and that's why I am posting his article here.

25th April 2008

"I regret to inform you that Paid.vg will now be closing. I didn’t want it to come to this; I know that many users have accused this site of being a scam. I can assure you that my intentions were and are completely legitimate, I wanted Paid.vg to be the perfect PTC site, and I spent a solid month improving the original $30 Bux script. It had many bugs and missing features. I redesigned it to be as clear and fast as I could by fixing the errors, adding new features and giving it a unique design. I know that you can now buy a PTC script for around $40-50 and have your PTC site running in no time at all, but I really put effort into the site in order to make it different and not just another generic buggy Bux site. There is a simple explanation to why Paid.vg and 99% of PTC don’t stay open." More...>>

27th April 2008

"Paid.vg and Script.vg will be shut down completely within the next day or two. The domains will be cancelled so I will have no access to the domain, hosting or email again. I have almost finished reimbursing. My account balance limits me from paying everyone, but I have paid as many as I can. I have around $200 left; this will be given out very soon. In my note I mentioned that I want to leave the PTC industry. I am currently looking into selling Bux Up. I currently have an offer of $450, but the bidder has not yet decided whether to purchase yet. If you would like to purchase Bux Up and continue to run it then email offer@buxup.com, please do not send anything else which is not related to purchasing Bux Up to this address, it will be ignored. My hope is to sell Bux Up to an external purchaser within the next week. The amount it's purchased for will be reimbursed to Paid.vg members. Thank you for using Paid.vg; in between the stressful and difficult times I enjoyed running it. I wish all the members at Paid.vg well and hope you have luck in your future endeavours.
Alex."