August 4, 2006
Ladies and Gentlemen:
I write to advise you of the current status of Pixmeup.com and our
plans for the future of our business, in a revised format.
Recently we have substantially revised our business and transactional
format, in order to move into new areas of opportunity. In particular,
we have terminated the company's sales activities. While the company
will continue to honor and perform all of its existing contracts
concerning pixel sales and advertising sales previously incurred, the company
will no longer sell new pixel ads to new or existing accounts and will
no longer pay compensation for pixel or advertising sales. All pixel
ads currently under contract will continue to be displayed on our web
servers, through the respective expiration dates of the contracts under
which they were purchased (i.e., for a period of 12 months from date of
initial purchase).
We recognize that some reps are still owed commissions on transactions
previously completed. A significant percentage of our sales proceeds
are currently being withheld by 3rd party credit card companies. We have
communicated with these companies who indicate that they will disburse
all of the retained funds belonging to Pixmeup in approximately
September 2006. Following receipt of its funds Pixmeup will remit payment to
those still owed compensation for pixel ad sales.
Pixmeup is reformulating its business plan and operations in a fashion
that should provide attractive new opportunities for internet product
sales in the future. We will keep you advised of these developments as
they arise, and invite you to monitor our website for publications
regarding future business developments.
Thank you.
Pixmeup, LLC
By: Lorne C. Ray
Managing Member
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PixMeUp.com, LLC
4660 NE Belknap Court Suite 101 Hillsboro, Oregon 97124
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