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News: Important Notice, Warning and Disclaimer
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Author Topic: Important Announcement  (Read 954 times)
bizfun
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bizfun2000
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« on: December 27, 2007, 09:06:40 PM »

Dear Members,

Subject: Important Announcement

Due to unforeseen circumstance, we temporary stop receiving historical data order/reorder. It is pending for our new business model setup. We had been alerted by Bursa Information to strictly follow business rules and we need to sign an agreement with them in order to distribute EOD data to public. Thus, we need to pay Bursa monthly subscription fee which is a huge sum of money, at RM2000 per month. Thereafter, we will become Subscriber who is authorized to redistribute market data to our customers (Bizfun’s customers).

Because of the monthly licensing fee, we have no choice but to charge Bizfun's customers for a reasonable subscription fee for new EOD packages to cover our expenses. This simply means, no free lunch (fee EOD) anymore. Bizfun’s customer who subscribed to our new EOD package is becoming “Authorized Recipient” with a name declared to Bursa Information Sdn. Bhd. as legal user. Initially, we plan to receive order with payment in advance with minimum subscription period of three months.

Pertaining to this issue, few more new features are planned to be added as follows: -

- Equities, derivatives, indices and world index data are merged into one package.
- Free unlimited download of historical data anytime.
- Weekly data update.
- Instant data price adjustment after bonus or rights issued.
- Customer name and address are recorded as authorized recipient.
- Data available on time with best accuracy.
- Free mystery gifts from time to time.           
- Technical support; email, live chat, forum, call us.

Please hold on while we are still work out in detail and check back www.bizfun.cc for latest news that we will announce from time to time or after everything is confirmed.
                                       
With effective 2-Feb-08Jan-08, all free EOD download is suspended. Users who want to download daily EOD have to subscribe to our membership plan. Then, you are authorized to log in and download member-restricted content such as daily EOD data or complete historical data.   

Full details of EOD Packages to be disclosed soon. Stay tunes! *Update:Membership plan released!

We need paid membership support in order to survive. We may cease our operation if there are not enough customers. So, standby and get ready to help us in order to help you. We may reduce subscription fees from time to time, or when our customers base growth.   

I have no choice but to strictly follow rules. Your support and understanding on this matter are very much appreciated.
                                       
If you have any question and opinion, please send email to me at bizfun2000@yahoo.com and I am glad to hear it.
                           
Thanks.

Lim               
www.bizfun.cc
« Last Edit: December 30, 2007, 03:21:31 AM by bizfun » Logged
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