Affiliate Edge and AffPower
There have been various threads in which there has been speculation regarding a relationship between Affiliate Edge and AffPower. The purpose of this post is to share information provided by Affiliate Edge regarding its relationship with AffPower.
I quote below a relevant snippet from an email message I received from Stuart Ferster, one of the two brothers currently managing Affiliate Edge, using the email address management@affiliateedge.com:
Quote:
Originally Posted by Email from Stuart Ferster sent to Michael Corfman
We brought in through a friend of a friend a small team of people whose sole role was to chase the companies debt so we could pay Staff, Players and Affiliates... The consultants were NOT aff power workers. Not at all. 2 of them were there to chase the debt, one of those 2 also does work for xxxxxx the software provider for Aff Power. We received 2 payments in the very early stage from Aff Power Limited to fund the business We needed this as our banks were frozen and in yyyyyy's name only and the courts had told us it was a 2 week process [to gain control of the funds], by which point it would have been the new year.
This was a processor paying them as our banks were frozen and we had a Christmas deadline to pay staff and players. Aff Power happened to use the same processor and they had a connection there thankfully. No more funds since have come from there.
We did not break any money laundering laws in doing so. The consultants barring two that i had to bring back (who come once a month for a week) have left. We promised the staff we would not close down. We promised them there jobs were safe. They are.
I have also been forwarded an email received from the same management@affiliateedge.com address by another affiliate that touches on the relationship between Affiliate Edge and Affpower:
Quote:
Originally Posted by Email from management@affiliateedge.com sent to another affiliate
The Aff Power group do not control of own any part of this company. They were not personally involved, staff members of their parent company happened to help us recover money so we could pay players and affiliates...
So, from these email messages, we can see Affiliate Edge asserts:
1) That staff members of the parent company of Aff Power and/or a staff member of an Aff Power software provider were engaged to provide consulting services to them related to debt collection.
2) That they have received funding twice from Aff Power Limited in the early stages, but not thereafter.
3) That they share payment processors with Aff Power.
4) That the relationship they have is with the parent company of Aff Power and not with Aff Power itself.
Michael
