According to Michael at Megalido:

“MegaLido is NOT on hold and we are not going anywhere, a lot of members are spreading panic on forums and newsletters and that is really ungrateful form you, we are not a cheap site that is going to run away with your money, that is not what I came here for.”

Yeh. You ungrateful such-and-sos!

I like the fact that Megalido hates cheaters and doesn’t tolerate anyone who breaks the law.

They must be some pretty sharp people over there because they’re still claiming to pay 12% for 12 days even in the midst of one of the worst global economic downturns in recent history.

I think we better get them to do a training for the House Commitee on Financial Services.

Also, maybe they can get the Committee to institute some of their wording as part of their Oversight Plan.

Click here to read some of the wording from the original Megalido blog post.