Friday, July 16, 2010

Crestock: Payout to contributors and affiliates completed

Announcement from Crestock:

Crestock today processed royalties and commissions that were requested by contributors and affiliates up to June 30, 2010.

Following on our July 1st announcement of the takeover by Masterfile Corporation, Crestock today processed royalties and commissions that were requested by contributors and affiliates up to June 30, 2010, via PayPal and Moneybookers. This brings all outstanding accounts up to date. Please note that a small number (11 to be exact) of Moneybookers payouts could not be processed today due to technical issues, but will be processed in a few days.

The next payout will be issued on or about August 1, 2010. This is the last notice you will see about payouts because they will now be on a regular cycle and need not be viewed as a news event.

Please direct payout related enquiries to finance@crestock.com

Next, we have to get through that image evaluation backlog! We are in the process of adding editors / inspectors to help us fast-track the process. You will see the flow improve significantly in the coming weeks.

Steve Pigeon, President
Crestock Corporation


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