Newsflash: Phoenixsurf Changing to Manual Surf today!
Posted by rabbit on March 4th, 2006
Effective today, Phoenixsurf is moving from an Auto-surf to a manual-surf program to strengten its legal standing with the US Securities Exchange Commission. They are also taking other steps to prevent what happened to 12DailyPro from happening to them as well. You can read more on this announcement here.
I think this news is encouraging and is a step in the right direction. I am pleased to see they are being pro-active in making their surf program as legal as possible. The fact they got some legal and other help in setting up the program was one of the key reasons why I decided to join this program last week. The question remains though, will this make a difference in the eyes of the SEC?