Hydra going belly up!

greenovni · 01-14-2010, 05:55 PM

It looks like one of the bigger CPA companies is going belly up according to Hydra Network Financial and Legal Nightmare | NickyCakes.com

Any warriors owed a lot of $$?

They only owe me a few hundreds so no biggie for me.

Elle Holder · 01-14-2010, 06:14 PM

Huh. I joined the network about a year ago, but haven't used them for a bit and don't have anything owing to me.

Hope no one gets burned!

kindsvater · 01-14-2010, 06:16 PM

From that article I would assume any money in Hydra is lost.

A few interesting observations:

1. 'Reading between the lines' the last month or two I had already assumed many CPA companies would be at a similar risk due to crackdowns on questionable offers.

-- Oprah lawsuits.
-- Bad media publicity.
-- FTC investigations.
-- Google bans.
-- Now Mastercard/Visa reviews.

I've seen two other CPA companies this week refer to such problems. For a big company like Hydra to be facing problems is a wake-up call to anyone doing business with the hundreds of smaller firms.

2. Never a wise idea to violate a noncompete. While void in California for employees, it's a different story for owners. Any money any of these guys still has is going to be sucked-up in brutal litigation.

3. Never a wise idea to send that email calling someone a dishonest felon fond of hookers, gambling, and alcohol. Privately vent, then delete before sending.

4. Gotta love the screen shot from the other 'WF'. Why? I take screen shots all the time 'just in case' they might come in handy sometime. Often, they do.

JohnPark · 01-14-2010, 06:18 PM

They owe me $85. Was going to call them. Now I know why I haven't received a check. I quit promoting their offers a while ago. I'll stick with never blue. I understand they have a good reputation. Anybody have any problems with Never Blue?

Scott Ames · 01-14-2010, 06:36 PM

I'm owed $305 . I didn't worry about it until now. No wonder I couldn't get it. They had a flag on my account that I needed to send it a w9 which I did several times, but could never get them to change the account and send the bucks. Figures.

I'm glad I didn't go too wild with them.

buckapple · 01-14-2010, 07:42 PM

Hi,

I sent Hydra an email Monday reminding them they owed me $55 from a accounting snafu from 08. The payment was sitting in my paypal this morning.

Gary

Derek Allen · 01-14-2010, 08:56 PM

Hydra is my main network. I have never had any issues with them. I have always gotten my money and they have been pretty large checks. On the other hand, their offers are getting scarce. I noticed that the amount of free trial offers they have are winding down. They do have tons of email submits which is what I prefer. Looks like I will have to go with copeac and neverblue a little more!

Thanks for the heads up!

terryrayburn · 01-14-2010, 09:00 PM

Interesting.

They just recently started sending me emails promoting several campaigns. Maybe a last-ditch effort for rustling up some business?

Joseph. · 01-14-2010, 09:11 PM

My prediction is that more big networks will have financial/legal problems in 2010. As far as FTC is concerned, their whole business model is questionable.

paulie888 · 01-14-2010, 09:32 PM

This is alarming, in my book. I'm in Hydra, haven't done much with them as of yet, but I do know they are one of the 'big boys' in the cpa industry. I'm off to do more research on this now.

paulie888 · 01-14-2010, 09:38 PM

Upon reading that blog post, I have to conclude that much is not known as of yet. There's a lot of innuendo and mud-slinging going on due to the owners and ex-partners battling it out, but until we hear something official from the courts or Hydra I'm not going to get too worried about them going bust just yet.

SimonHarrison · 01-15-2010, 02:28 AM

Quote:

Originally Posted by Scott Ames

I'm owed $305 . I didn't worry about it until now. No wonder I couldn't get it. They had a flag on my account that I needed to send it a w9 which I did several times, but could never get them to change the account and send the bucks. Figures.

I'm glad I didn't go too wild with them.

AHHHHHH...

I wondered what was going on. I've had a similar issue.

Always-A-Warrior · 01-15-2010, 03:39 AM

I'm owed as well but until I hear it from Barbara then I'm cool. Maybe Google can pick it up like they've been buying everything under the sun lately.

Anonymous Affiliate · 01-15-2010, 03:42 AM

Hmmm... this is pretty alarming...

greenovni · 01-15-2010, 07:27 AM

Pretty scary! Now I am also having a problem with Affiliatebot

http://www.warriorforum.com/main-int...ebot-scam.html

SimonHarrison · 01-15-2010, 08:48 AM

Anybody have a number for Hydra's accounts department please.

greenovni · 01-15-2010, 08:52 AM

Quote:

Originally Posted by SimonHarrison

Anybody have a number for Hydra's accounts department please.

Here Let me google that for you

greenovni · 01-15-2010, 08:53 AM

Quote:

Originally Posted by Lincoln Ryan

I do limited CPA marketing and was dealing with one company that was paying per lead. I was making about $2k per month like clockwork from these guys. Once the economy hit the skids, I started noticing that about 80% of my leads were getting rejected. They are supposed to approve them if they are valid leads with valid contact info...then they started rejecting them if they couldn't sell the person on the other end. (not my problem)

Then without warning, they just dropped my commission by about 60% with no warning.

Looks like it is also happening with Affiliatebot!

SimonHarrison · 01-15-2010, 08:58 AM

Quote:

Originally Posted by greenovni

Here Let me google that for you

Not clicking on tiny URL stuff thx.

SimonHarrison · 01-15-2010, 09:54 AM

Can't get through to Hydra's main accounts number via their main number, just a voicemail....

Anybody have a direct number to somebody in accounts...

Woody C · 01-15-2010, 10:04 AM

Quote:

Originally Posted by SimonHarrison

Not clicking on tiny URL stuff thx.

It isn't an affiliate link or anything like that. It is just him/her mocking you.

SimonHarrison · 01-15-2010, 10:24 AM

Quote:

Originally Posted by Woody Crenshaw

It isn't an affiliate link or anything like that. It is just him/her mocking you.

I normally avoid them , I didn't presume an affiliate link , perhaps something worse, I once clicked on a tiny url link on another well known marketing site from a user with a high post count and lived to regret it, thanks for the safety verification though.

Jeff Noel · 01-15-2010, 10:25 AM

I lost 17k with one network when they went belly up. Another networks assets were sezied by the FTC and they were closed down. FTC says I will get my money $7500.00 after the audit is done. Both networks weren't very big, but now with Hydra going donk down this whole CPA marketing has me a little scared.

SimonHarrison · 01-15-2010, 10:26 AM

Quote:

Originally Posted by greenovni

Here Let me google that for you

Thanks, clicked it now, very cute application btw.

I did actually try the main switchboard number and option 4 and infact my own reps direct number, both of which went to voicemail .

Hence requesting a more direct phone number than the one they leave prominently on the website.

Riz · 01-15-2010, 10:56 AM

Wow, that's a lot of money to lose out on.

Hydra is a big network and their struggle is worrying for CPA marketers.

Riz

Quote:

Originally Posted by Jeff Noel

I lost 17k with one network when they went belly up. Another networks assets were sezied by the FTC and they were closed down. FTC says I will get my money $7500.00 after the audit is done. Both networks weren't very big, but now with Hydra going donk down this whole CPA marketing has me a little scared.

greenovni · 01-15-2010, 12:37 PM

Quote:

Originally Posted by SimonHarrison

Thanks, clicked it now, very cute application btw.

I did actually try the main switchboard number and option 4 and infact my own reps direct number, both of which went to voicemail .

Hence requesting a more direct phone number than the one they leave prominently on the website.

Yeah, I have been calling and voice mail ALL day!!!

hydraMason · 01-19-2010, 12:08 PM

The rumors that Hydra is going bankrupt are just that - rumors. We did face business challenges in 2009 like many networks and had some additional challenges as well. But we have always paid on time and continue to pay on time. Plus we we just received new investment.

I will note that we are cracking down on bogus/fraud leads - leads we might have just paid on in the past. We are attempting to improve the overall quality of our network so as to be able to attract larger advertisers. We don't engage in shaving. That would be just plain stupid.

If you have any problems whatsoever you can call me and i will help you resolve them.

Best,

Mason Wiley
SVP Marketing, Hydra
310-659-5755 X2197

Always-A-Warrior · 01-19-2010, 12:16 PM

There you go. Thanks Mason. Hows Barbara?.

SimonHarrison · 01-19-2010, 12:20 PM

Quote:

Originally Posted by hydraMason

The rumors that Hydra is going bankrupt are just that - rumors. We did face business challenges in 2009 like many networks and had some additional challenges as well. But we have always paid on time and continue to pay on time. Plus we we just received new investment.

I will note that we are cracking down on bogus/fraud leads - leads we might have just paid on in the past. We are attempting to improve the overall quality of our network so as to be able to attract larger advertisers. We don't engage in shaving. That would be just plain stupid.

If you have any problems whatsoever you can call me and i will help you resolve them.

Best,

Mason Wiley
SVP Marketing, Hydra
310-659-5755 X2197

Mason, please check your PM's.

Thanks.

koolphoto · 01-19-2010, 01:28 PM

Saw this on PR newswire today. Says the HydraGroup LLC has bought Hydra LLC assets:

Hydra Group LLC Buys Assets of Hydra LLC -- BEVERLY HILLS, Calif., Jan. 19 /PRNewswire/ --

Jeremy Aragon · 01-19-2010, 01:39 PM

wow! Now I feel bad! Before I repented of my spamful ways I used Hydra cpa offers to make the easiest cash ever,until they suspended my account and with held the thousands of dollars I 'spam'fully made. They had nice account managers too...oooh! This just inspired a thread idea!

Joint Venture · 01-19-2010, 06:41 PM

Thank you for the advice. Appreciate it.

joedwi1 · 01-20-2010, 05:28 AM

i it true? why hydra belly up? is it because they are loose in margin?

SimonHarrison · 01-20-2010, 06:29 AM

No response via PM, will try phone call today.

KevinWaldo · 01-20-2010, 10:47 AM

Had a phone interview with these guys late last year that went very well.

But still haven't heard about being approved.

Guess they've been busy.

mrizos · 01-20-2010, 10:59 AM

where there's smoke there's fire...and those court papers look like a sh*t ton of smoke to me.

brp002 · 01-20-2010, 11:22 AM

Wow this is big news. I hope this industry does not go down.... There is going to be some change soon. I hope everything turns up better. We just need real offers not bogus "boiler room" offers like someone said up above!

Robyn8243 · 01-20-2010, 11:30 AM

Interesting post by NickiCakes.

After reading some of the responses, it seems unclear whether Hydra is currently at risk of going under.

However, the conversation including the $$ numbers being discussed as far as investors go should serve as an excellent demonstration of why it is important to choose the networks you promote for carefully. There is a lot more money required to run a successful network than many people realize, and many new networks are under-capitalized.

Robyn

Derek Allen · 01-22-2010, 12:24 PM

Uh Oh... Guess who is getting worried?... ME!! I still haven't received my payment from December. Normally, it is here already but, I guess I can give them the benefit of the doubt by saying the mail was delayed due to MLK Day. Hope it gets here soon! I tried to email my AM but, no responses. Time to switch networks because that is unacceptable!!!

-Derek

caliviper · 01-22-2010, 02:06 PM

Too many of these networks put all their eggs in one basket with all those free trial scam offers.

caliviper · 01-22-2010, 02:07 PM

There are still some good networks out there. Sucks for those still owed money though.

Quattro · 01-22-2010, 02:09 PM

Hydra was a great network with tons of offers. I'm kind of glad there going "belly up", since they banned me for false acquisitions. I was owed over 5k with them, they waited till payment period and then hammered me. Good for them.. there are tons of other networks out there thankfully

Zach Booker · 01-22-2010, 05:58 PM

Quote:

Originally Posted by hydraMason

The rumors that Hydra is going bankrupt are just that - rumors. We did face business challenges in 2009 like many networks and had some additional challenges as well. But we have always paid on time and continue to pay on time. Plus we we just received new investment.

I will note that we are cracking down on bogus/fraud leads - leads we might have just paid on in the past. We are attempting to improve the overall quality of our network so as to be able to attract larger advertisers. We don't engage in shaving. That would be just plain stupid.

If you have any problems whatsoever you can call me and i will help you resolve them.

Best,

Mason Wiley
SVP Marketing, Hydra
310-659-5755 X2197

Oh how complacent the Warrior Forum is with the information they get. Can't believe you got thanks for that post.

Guys, go read the court docs, then read Nicky's post, then make your decision.

All is not well at Hydra. Do your homework, don't rely on Nicky or Mason to do it for you.

Zach

SimonHarrison · 01-22-2010, 06:20 PM

Quote:

Originally Posted by Zach Booker

Oh how complacent the Warrior Forum is with the information they get. Can't believe you got thanks for that post.

Guys, go read the court docs, then read Nicky's post, then make your decision.

All is not well at Hydra. Do your homework, don't rely on Nicky or Mason to do it for you.

Zach

I did actually get contacted about my outstanding amount.

I'll reserve judgement after I've seen payment hit the bank.

The "thanks" was for somebody from Hydra actually showing up.

Zach Booker · 01-22-2010, 07:26 PM

Quote:

Originally Posted by SimonHarrison

I did actually get contacted about my outstanding amount.

I'll reserve judgement after I've seen payment hit the bank.

The "thanks" was for somebody from Hydra actually showing up.

You'll get paid, Simon. There's no doubt about that.

I actually respect Mason quite a bit - he is dedicated and at all hours of the night is defending himself on another forum that I'm much more active on.

...The point I've always tried to make however is that you need to work with a network you can trust. Many have lost trust in Hydra even though they know they probably will be paid now and in the future. They don't have the rewards, the AM's, the direct contact to owners, and the communication and worry free environment other networks have.

Hydra needs to seriously differentiate themselves from their competition or else high volume affiliates are going to start wondering why they would ever use Hydra when C2M, EWA, Ads4Dough, etc offer, hypothetically, the same service without the problems.

This is quite the mess, and contrary to what Hydra says it is not "all fixed".

ocean80 · 01-22-2010, 11:08 PM

To me is fine..because my affiliate application has been denied previously...

I am just surprise to see this BIG news.

Well to me HYDRA is a SUPER difficult Network to get approve with...

vickeyr · 01-25-2010, 12:44 AM

yes, I totally agree with all of you guys... you must consider this that. inc 500 says hydra made $108.6 million dollars... in 2008, but their 2005 Revenue was only $16.0 million I did think something was fishy 579% growth in 3 years... Now the ftc who would have thought

check the chart here Hydra -- Advertising & Marketing

and now they are paying back for it

--------------------------------------------------------------------------
the likely scenario
as time progresses advertisers will just strike deals with big publishers like yahoo, msn, aol, they are much more profitable from an advertiser stand point just cutting out 2 middle men and making hell of a lot more money

cpa network
super affiliate (so called cause of the traffic from high-level Ad networks)

the more middle men in the pay the more you pay right!!
---------------------------------------------------------------------------------

and for affiliates, don't think the advertisers don't know where your traffic is coming from guess again!!

Miss_McCoy · 01-25-2010, 01:12 AM

This thread just saved me from using Hydra! Thank You! I'm fairly new to CPA and have only been paid from Hydra so far now I will try a different CPA Network. Thanks Again

Quote:

Originally Posted by greenovni

It looks like one of the bigger CPA companies is going belly up according to Hydra Network Financial and Legal Nightmare | NickyCakes.com

Any warriors owed a lot of $$?

They only owe me a few hundreds so no biggie for me.

Scott Ames · 01-27-2010, 01:00 AM

I did get my money, at least a check, from Hydra. That restored my faith some.

dmayne · 01-27-2010, 06:22 AM

Its always a bad thing to see our income sources dwindle. But ya gotta be able to handle the market. To bad for hydra they couldnt.

01-14-2010, 05:55 PM	#1
greenovni Senior Warrior Member Join Date: Nov 2007 Location: Florida Posts: 1,023 Blog Entries: 2 Thanks: 9 Thanked 95 Times in 42 Posts Social Networking	Hydra going belly up! It looks like one of the bigger CPA companies is going belly up according to Hydra Network Financial and Legal Nightmare \| NickyCakes.com Any warriors owed a lot of $$? They only owe me a few hundreds so no biggie for me.
	TWEETAH TWEETAH TWEEETAH! FOLLOW ME ON TWEETAH

01-14-2010, 06:14 PM	#2
Elle Holder HyperActive Warrior Join Date: Dec 2009 Location: Canada Posts: 259 Thanks: 94 Thanked 46 Times in 38 Posts	Re: Hydra going belly up! Huh. I joined the network about a year ago, but haven't used them for a bit and don't have anything owing to me. Hope no one gets burned!

01-14-2010, 06:16 PM	#3
kindsvater Senior Warrior Attorney War Room Member Join Date: Jul 2004 Location: Jedi Temple Posts: 3,114 Blog Entries: 39 Thanks: 76 Thanked 2,606 Times in 751 Posts	Re: Hydra going belly up! From that article I would assume any money in Hydra is lost. A few interesting observations: 1. 'Reading between the lines' the last month or two I had already assumed many CPA companies would be at a similar risk due to crackdowns on questionable offers. -- Oprah lawsuits. -- Bad media publicity. -- FTC investigations. -- Google bans. -- Now Mastercard/Visa reviews. I've seen two other CPA companies this week refer to such problems. For a big company like Hydra to be facing problems is a wake-up call to anyone doing business with the hundreds of smaller firms. 2. Never a wise idea to violate a noncompete. While void in California for employees, it's a different story for owners. Any money any of these guys still has is going to be sucked-up in brutal litigation. 3. Never a wise idea to send that email calling someone a dishonest felon fond of hookers, gambling, and alcohol. Privately vent, then delete before sending. 4. Gotta love the screen shot from the other 'WF'. Why? I take screen shots all the time 'just in case' they might come in handy sometime. Often, they do.
	Stop Lawsuits Cold - Internet Marketing Law Center - Hundreds of Warrior Members California Noncompete Agreements - California Employment Law - Warrior Blog

01-14-2010, 06:18 PM	#4
JohnPark Active Warrior Join Date: Oct 2009 Location: Lehigh Acres, Florida Posts: 36 Thanks: 2 Thanked 3 Times in 3 Posts Social Networking	Re: Hydra going belly up! They owe me $85. Was going to call them. Now I know why I haven't received a check. I quit promoting their offers a while ago. I'll stick with never blue. I understand they have a good reputation. Anybody have any problems with Never Blue?
	Trust God and God Bless You All

01-14-2010, 06:36 PM	#5
Scott Ames Senior Warrior Member War Room Member Join Date: Jun 2006 Location: West of Rockies Posts: 5,560 Thanks: 377 Thanked 673 Times in 329 Posts	Re: Hydra going belly up! I'm owed $305 . I didn't worry about it until now. No wonder I couldn't get it. They had a flag on my account that I needed to send it a w9 which I did several times, but could never get them to change the account and send the bucks. Figures. I'm glad I didn't go too wild with them.
	Action is the foundational key to all success. - Pablo Picasso

01-14-2010, 07:42 PM	#6
buckapple Gary Leggett War Room Member Join Date: Aug 2007 Location: TN Posts: 169 Thanks: 26 Thanked 20 Times in 11 Posts	Re: Hydra going belly up! Hi, I sent Hydra an email Monday reminding them they owed me $55 from a accounting snafu from 08. The payment was sitting in my paypal this morning. Gary
	Attention ClickBank Warriors: Promote a Hypnosis Mp3 Downdload product that Really Works!!

01-14-2010, 08:56 PM	#7
Derek Allen ultimateIMclub.com War Room Member Join Date: Apr 2009 Location: USA Posts: 878 Blog Entries: 1 Thanks: 478 Thanked 294 Times in 92 Posts Social Networking	Re: Hydra going belly up! Hydra is my main network. I have never had any issues with them. I have always gotten my money and they have been pretty large checks. On the other hand, their offers are getting scarce. I noticed that the amount of free trial offers they have are winding down. They do have tons of email submits which is what I prefer. Looks like I will have to go with copeac and neverblue a little more! Thanks for the heads up!
	My Blog + Cool Stuff>> ultimateIMclub.com

01-14-2010, 09:00 PM	#8
terryrayburn Advanced Warrior War Room Member Join Date: Oct 2003 Location: Clarksville, Tennessee Posts: 524 Thanks: 192 Thanked 85 Times in 37 Posts	Re: Hydra going belly up! Interesting. They just recently started sending me emails promoting several campaigns. Maybe a last-ditch effort for rustling up some business?

01-14-2010, 09:11 PM	#9
Joseph. Warrior Member Join Date: Jan 2010 Location: Toronto, Ontario Posts: 17 Thanks: 1 Thanked 2 Times in 2 Posts	Re: Hydra going belly up! My prediction is that more big networks will have financial/legal problems in 2010. As far as FTC is concerned, their whole business model is questionable.

01-14-2010, 09:32 PM	#10
paulie888 Redoubtable Implementer War Room Member Join Date: May 2007 Location: Oklahoma, USA Posts: 6,066 Thanks: 916 Thanked 998 Times in 843 Posts Contact Info	Re: Hydra going belly up! This is alarming, in my book. I'm in Hydra, haven't done much with them as of yet, but I do know they are one of the 'big boys' in the cpa industry. I'm off to do more research on this now.
	[WSO] Secrets To Making $100/Day In 21 Days Or Less - Starting From Scratch! >>> Secrets From Jason Fladlien, Maria Gudelis, John S. Rhodes, Justin Brooke, Sean I. Mitchell, Reed Floren and Brad Gosse! <<<

01-14-2010, 09:38 PM	#11
paulie888 Redoubtable Implementer War Room Member Join Date: May 2007 Location: Oklahoma, USA Posts: 6,066 Thanks: 916 Thanked 998 Times in 843 Posts Contact Info	Re: Hydra going belly up! Upon reading that blog post, I have to conclude that much is not known as of yet. There's a lot of innuendo and mud-slinging going on due to the owners and ex-partners battling it out, but until we hear something official from the courts or Hydra I'm not going to get too worried about them going bust just yet.
	[WSO] Secrets To Making $100/Day In 21 Days Or Less - Starting From Scratch! >>> Secrets From Jason Fladlien, Maria Gudelis, John S. Rhodes, Justin Brooke, Sean I. Mitchell, Reed Floren and Brad Gosse! <<<

01-15-2010, 03:39 AM	#13
Always-A-Warrior Once A Warrior War Room Member Join Date: Aug 2006 Location: Hawaii Posts: 1,415 Thanks: 76 Thanked 112 Times in 99 Posts Social Networking	Re: Hydra going belly up! I'm owed as well but until I hear it from Barbara then I'm cool. Maybe Google can pick it up like they've been buying everything under the sun lately.

01-15-2010, 03:42 AM	#14
Anonymous Affiliate Senior Warrior Member War Room Member Join Date: May 2009 Posts: 1,961 Thanks: 301 Thanked 364 Times in 261 Posts	Re: Hydra going belly up! Hmmm... this is pretty alarming...

01-15-2010, 07:27 AM	#15
greenovni Senior Warrior Member Join Date: Nov 2007 Location: Florida Posts: 1,023 Blog Entries: 2 Thanks: 9 Thanked 95 Times in 42 Posts Social Networking	Re: Hydra going belly up! Pretty scary! Now I am also having a problem with Affiliatebot http://www.warriorforum.com/main-int...ebot-scam.html
	TWEETAH TWEETAH TWEEETAH! FOLLOW ME ON TWEETAH Last edited by greenovni; 01-15-2010 at 07:35 AM. Reason: Forgot Link

01-15-2010, 08:48 AM	#16
SimonHarrison Senior Warrior Member War Room Member Join Date: Jul 2008 Location: Location, Location. Posts: 2,103 Thanks: 262 Thanked 450 Times in 270 Posts	Re: Hydra going belly up! Anybody have a number for Hydra's accounts department please.

01-15-2010, 09:54 AM	#20
SimonHarrison Senior Warrior Member War Room Member Join Date: Jul 2008 Location: Location, Location. Posts: 2,103 Thanks: 262 Thanked 450 Times in 270 Posts	Re: Hydra going belly up! Can't get through to Hydra's main accounts number via their main number, just a voicemail.... Anybody have a direct number to somebody in accounts...

01-15-2010, 10:25 AM	#23
Jeff Noel Active Warrior War Room Member Join Date: Jul 2009 Location: Mississauga Posts: 67 Thanks: 6 Thanked 9 Times in 7 Posts Contact Info	Re: Hydra going belly up! I lost 17k with one network when they went belly up. Another networks assets were sezied by the FTC and they were closed down. FTC says I will get my money $7500.00 after the audit is done. Both networks weren't very big, but now with Hydra going donk down this whole CPA marketing has me a little scared.

01-19-2010, 12:08 PM	#27
hydraMason Warrior Member Join Date: Jun 2008 Location: , , . Posts: 1 Thanks: 0 Thanked 3 Times in 1 Post Contact Info	Re: Hydra going belly up! The rumors that Hydra is going bankrupt are just that - rumors. We did face business challenges in 2009 like many networks and had some additional challenges as well. But we have always paid on time and continue to pay on time. Plus we we just received new investment. I will note that we are cracking down on bogus/fraud leads - leads we might have just paid on in the past. We are attempting to improve the overall quality of our network so as to be able to attract larger advertisers. We don't engage in shaving. That would be just plain stupid. If you have any problems whatsoever you can call me and i will help you resolve them. Best, Mason Wiley SVP Marketing, Hydra 310-659-5755 X2197
	Mason Wiley SVP Marketing, Hydra Network www.hydranetwork.com

01-19-2010, 12:16 PM	#28
Always-A-Warrior Once A Warrior War Room Member Join Date: Aug 2006 Location: Hawaii Posts: 1,415 Thanks: 76 Thanked 112 Times in 99 Posts Social Networking	Re: Hydra going belly up! There you go. Thanks Mason. Hows Barbara?.

01-19-2010, 01:28 PM	#30
koolphoto Ken Katz War Room Member Join Date: Apr 2005 Location: NY, CA , USA. Posts: 570 Thanks: 58 Thanked 46 Times in 35 Posts	Re: Hydra going belly up! Saw this on PR newswire today. Says the HydraGroup LLC has bought Hydra LLC assets: Hydra Group LLC Buys Assets of Hydra LLC -- BEVERLY HILLS, Calif., Jan. 19 /PRNewswire/ --
	My name is Ken Katz and I am a web designer and photographer.

01-19-2010, 01:39 PM	#31
Jeremy Aragon Active Warrior Join Date: Sep 2009 Location: Reno NV Posts: 44 Thanks: 1 Thanked 3 Times in 3 Posts Social Networking	Re: Hydra going belly up! wow! Now I feel bad! Before I repented of my spamful ways I used Hydra cpa offers to make the easiest cash ever,until they suspended my account and with held the thousands of dollars I 'spam'fully made. They had nice account managers too...oooh! This just inspired a thread idea!
	Brandjacking! Look what a pissed off Panda did to a bunch of muscle head MEGAPOWERS!

01-19-2010, 06:41 PM	#32
Joint Venture Active Warrior Join Date: Jan 2009 Posts: 54 Blog Entries: 1 Thanks: 3 Thanked 2 Times in 1 Post	Re: Hydra going belly up! Thank you for the advice. Appreciate it.

01-20-2010, 05:28 AM	#33
joedwi1 Captain Join Date: Jan 2010 Posts: 66 Thanks: 0 Thanked 2 Times in 2 Posts	Re: Hydra going belly up! i it true? why hydra belly up? is it because they are loose in margin?

01-20-2010, 06:29 AM	#34
SimonHarrison Senior Warrior Member War Room Member Join Date: Jul 2008 Location: Location, Location. Posts: 2,103 Thanks: 262 Thanked 450 Times in 270 Posts	Re: Hydra going belly up! No response via PM, will try phone call today.

01-20-2010, 10:47 AM	#35
KevinWaldo Active Warrior Join Date: Sep 2009 Posts: 37 Thanks: 6 Thanked 2 Times in 2 Posts	Re: Hydra going belly up! Had a phone interview with these guys late last year that went very well. But still haven't heard about being approved. Guess they've been busy.

01-20-2010, 10:59 AM	#36
mrizos HyperActive Warrior War Room Member Join Date: Jul 2009 Posts: 116 Thanks: 2 Thanked 9 Times in 7 Posts	Re: Hydra going belly up! where there's smoke there's fire...and those court papers look like a sh*t ton of smoke to me.

01-20-2010, 11:22 AM	#37
brp002 HyperActive Warrior Join Date: Feb 2009 Posts: 284 Thanks: 5 Thanked 6 Times in 6 Posts Contact Info	Re: Hydra going belly up! Wow this is big news. I hope this industry does not go down.... There is going to be some change soon. I hope everything turns up better. We just need real offers not bogus "boiler room" offers like someone said up above!
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01-20-2010, 11:30 AM	#38
Robyn8243 HyperActive Warrior War Room Member Join Date: Aug 2007 Location: New Jersey Posts: 355 Thanks: 77 Thanked 77 Times in 47 Posts	Re: Hydra going belly up! Interesting post by NickiCakes. After reading some of the responses, it seems unclear whether Hydra is currently at risk of going under. However, the conversation including the $$ numbers being discussed as far as investors go should serve as an excellent demonstration of why it is important to choose the networks you promote for carefully. There is a lot more money required to run a successful network than many people realize, and many new networks are under-capitalized. Robyn

01-22-2010, 12:24 PM	#39
Derek Allen ultimateIMclub.com War Room Member Join Date: Apr 2009 Location: USA Posts: 878 Blog Entries: 1 Thanks: 478 Thanked 294 Times in 92 Posts Social Networking	Re: Hydra going belly up! Uh Oh... Guess who is getting worried?... ME!! I still haven't received my payment from December. Normally, it is here already but, I guess I can give them the benefit of the doubt by saying the mail was delayed due to MLK Day. Hope it gets here soon! I tried to email my AM but, no responses. Time to switch networks because that is unacceptable!!! -Derek

01-22-2010, 02:06 PM	#40
caliviper Active Warrior War Room Member Join Date: Jan 2007 Location: , , USA. Posts: 95 Thanks: 2 Thanked 3 Times in 1 Post	Re: Hydra going belly up! Too many of these networks put all their eggs in one basket with all those free trial scam offers.

01-22-2010, 02:07 PM	#41
caliviper Active Warrior War Room Member Join Date: Jan 2007 Location: , , USA. Posts: 95 Thanks: 2 Thanked 3 Times in 1 Post	Re: Hydra going belly up! There are still some good networks out there. Sucks for those still owed money though.

01-22-2010, 02:09 PM	#42
Quattro Active Warrior Join Date: Oct 2009 Posts: 51 Thanks: 0 Thanked 1 Time in 1 Post	Re: Hydra going belly up! Hydra was a great network with tons of offers. I'm kind of glad there going "belly up", since they banned me for false acquisitions. I was owed over 5k with them, they waited till payment period and then hammered me. Good for them.. there are tons of other networks out there thankfully

01-22-2010, 11:08 PM	#46
ocean80 Banned Join Date: Nov 2009 Posts: 61 Thanks: 5 Thanked 1 Time in 1 Post	Re: Hydra going belly up! To me is fine..because my affiliate application has been denied previously... I am just surprise to see this BIG news. Well to me HYDRA is a SUPER difficult Network to get approve with...

01-25-2010, 12:44 AM	#47
vickeyr Elite Info Guy War Room Member Join Date: Feb 2009 Posts: 115 Blog Entries: 3 Thanks: 2 Thanked 2 Times in 1 Post Contact Info	Re: Hydra going belly up! yes, I totally agree with all of you guys... you must consider this that. inc 500 says hydra made $108.6 million dollars... in 2008, but their 2005 Revenue was only $16.0 million I did think something was fishy 579% growth in 3 years... Now the ftc who would have thought check the chart here Hydra -- Advertising & Marketing and now they are paying back for it -------------------------------------------------------------------------- the likely scenario as time progresses advertisers will just strike deals with big publishers like yahoo, msn, aol, they are much more profitable from an advertiser stand point just cutting out 2 middle men and making hell of a lot more money cpa network super affiliate (so called cause of the traffic from high-level Ad networks) the more middle men in the pay the more you pay right!! --------------------------------------------------------------------------------- and for affiliates, don't think the advertisers don't know where your traffic is coming from guess again!!
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01-27-2010, 01:00 AM	#49
Scott Ames Senior Warrior Member War Room Member Join Date: Jun 2006 Location: West of Rockies Posts: 5,560 Thanks: 377 Thanked 673 Times in 329 Posts	Re: Hydra going belly up! I did get my money, at least a check, from Hydra. That restored my faith some.
	Action is the foundational key to all success. - Pablo Picasso