Author Topic: Hold on to your wallets! "There are irregularities with October's PP royalties" (Read 99240 times)

lisafx · « **Reply #275 on:** January 24, 2014, 17:24 »

Quote from: Goofy on January 23, 2014, 19:26

I don't expect much for December PP might even be zero for them to recoup their overpayment in October...

This occurred to me too. It would make sense to take the overpayments out of the PP since that's where they came from. I expect they will still have to report the sales and send the e-mails about how much is being recovered though, even if the money doesn't wind up in our accounts.

ShadySue · « **Reply #276 on:** January 24, 2014, 17:41 »

Quote from: lisafx on January 24, 2014, 17:24

Quote from: Goofy on January 23, 2014, 19:26
I don't expect much for December PP might even be zero for them to recoup their overpayment in October...

This occurred to me too. It would make sense to take the overpayments out of the PP since that's where they came from. I expect they will still have to report the sales and send the e-mails about how much is being recovered though, even if the money doesn't wind up in our accounts.

Apparently ...
Posted By Ju-Lee:
Tomorrow it's the last week-end of the month, can we expected to received december PP ?
Posted by Lobo:
Before the end of the month, yes.
http://www.istockphoto.com/forum_messages.php?threadid=358476&messageid=6979360

lisafx · « **Reply #277 on:** January 24, 2014, 23:47 »

Thanks for the update Liz

ShadySue · « **Reply #278 on:** January 25, 2014, 07:13 »

Quote from: lisafx on January 24, 2014, 23:47

Thanks for the update Liz

Note I 'grounded' the info and didn't 'own' it, so don't shoot the messenger if it doesn't come to pass.

Julied83 · « **Reply #279 on:** January 25, 2014, 10:53 »

No december PP this morning. Will we get it 31th ? Before the end of the month ..... ahhhh ! I was waiting for it to make a payment request before monday ! This is too long. A joke ! I'm mad.

Red Dove · « **Reply #280 on:** January 25, 2014, 11:24 »

December PP earnings $250
Recoupmentabilitationmentary $249 minus
-----------
Nett Value = $1 YAY!

Mantis · « **Reply #281 on:** January 25, 2014, 12:24 »

Quote from: Red Dove on January 25, 2014, 11:24

December PP earnings $250
Recoupmentabilitationmentary $249 minus
-----------
Nett Value = $1 YAY!

I am afraid this is close to accurate for many of us.

Beppe Grillo · « **Reply #282 on:** January 25, 2014, 12:38 »

Quote from: Red Dove on January 25, 2014, 11:24

December PP earnings $250
Recoupmentabilitationmentary $249 minus
-----------
Nett Value = $1 YAY!

Never made even $1 on YAY

dingles · « **Reply #283 on:** January 25, 2014, 14:00 »

I wish they take their money back already so I can move on. Going to be a bummer if we get December PP before they take the money back.

lisafx · « **Reply #284 on:** January 25, 2014, 22:03 »

Quote from: ShadySue on January 25, 2014, 07:13

Quote from: lisafx on January 24, 2014, 23:47
Thanks for the update Liz
Note I 'grounded' the info and didn't 'own' it, so don't shoot the messenger if it doesn't come to pass.

are you kidding? If I shot the messenger I'd have to go on iStock forms myself. I'd much rather have you break it down for me here.

Goofy · « **Reply #285 on:** January 25, 2014, 22:44 »

"Going to be a bummer if we get December PP before they take the money back."

Who said you're going to get December PP

ShadySue · « **Reply #286 on:** January 26, 2014, 05:21 »

Quote from: Goofy on January 25, 2014, 22:44

"Going to be a bummer if we get December PP before they take the money back."

Who said you're going to get December PP

Lobo, FWIW.

Jo Ann Snover · « **Reply #287 on:** February 12, 2014, 12:41 »

So I really don't understand what Lobo is hinting at here:

http://www.istockphoto.com/forum_messages.php?threadid=358476&messageid=6984128

"We are doing our best to limit the impact and reduce the reach of the recoupment. " Limit the impact would be taking a little bit out at a time rather than in one lump sum? Reduce the reach would be not going back more than a certain period (where that would hint that the problems had been going on longer than just a month)?

At this point my exposure for really long ago clawback is limited given how few files I have left there - there's only so much you can earn on 109 files

- but can this really be so big?

Noedelhap · « **Reply #288 on:** February 12, 2014, 15:06 »

I wish I could protect my account money from them. There should be a rule: if money earned is not clawed back after a month, it's yours, no matter what.

Mantis · « **Reply #289 on:** February 12, 2014, 15:15 »

Quote from: Noedelhap on February 12, 2014, 15:06

I wish I could protect my account money from them. There should be a rule: if money earned is not clawed back after a month, it's yours, no matter what.

Yup. I just cashed out but left some in to pay for the clawback.

lisafx · « **Reply #290 on:** February 12, 2014, 15:31 »

I was hoping no news was good news. Apparently not. I am dreading this. Also, doing my taxes soon I am not sure whether to include that money in my 2013 income and then deduct it from 2014, or to guesstimate how much it will be and claim that much less from 2013.

dingles · « **Reply #291 on:** February 12, 2014, 15:51 »

They don't make anything easy over at IS

chromaco · « **Reply #292 on:** February 12, 2014, 16:14 »

I don't even know how much I was overpaid. Did I miss it when this was announced? I don't check their forums much.

pancaketom · « **Reply #293 on:** February 12, 2014, 16:18 »

Quote from: chromaco on February 12, 2014, 16:14

I don't even know how much I was overpaid. Did I miss it when this was announced? I don't check their forums much.

They don't either.

ShadySue · « **Reply #294 on:** February 12, 2014, 16:20 »

Quote from: chromaco on February 12, 2014, 16:14

I don't even know how much I was overpaid. Did I miss it when this was announced? I don't check their forums much.

http://www.istockphoto.com/forum_messages.php?threadid=358476&page=1

chromaco · « **Reply #295 on:** February 12, 2014, 16:23 »

That was 5 weeks ago. I don't think I got an e-mail. I guess I'll have to go back and look for it.

ShadySue · « **Reply #296 on:** February 12, 2014, 16:48 »

Quote from: chromaco on February 12, 2014, 16:23

That was 5 weeks ago. I don't think I got an e-mail. I guess I'll have to go back and look for it.

They haven't been sent out yet, AFAICS.

gillian vann · « **Reply #297 on:** February 12, 2014, 22:45 »

how clever to imply it's gone on longer but they'll "only" take back October's overpayment. Don't be fooled into thinking that's a win.

pancaketom · « **Reply #298 on:** February 13, 2014, 00:56 »

I am sure that they consider any payment to us to be an overpayment, especially one that exceeds the 15-20% in their "new and improved" contract.

Noedelhap · « **Reply #299 on:** February 13, 2014, 09:01 »

Quote from: chromaco on February 12, 2014, 16:23

That was 5 weeks ago. I don't think I got an e-mail. I guess I'll have to go back and look for it.

Don't waste your time. They haven't sent any email whatsoever. They love to keep their contributors guessing.

Not surprisingly, Lobo confirmed that there have been no underpayments, only overpayments. Of course. How convenient for them.

MicrostockGroup Sponsors

Author Topic: Hold on to your wallets! "There are irregularities with October's PP royalties" (Read 99240 times)

lisafx

ShadySue

lisafx

ShadySue

Julied83

Red Dove

Mantis

Beppe Grillo

dingles

lisafx

Goofy

ShadySue

Jo Ann Snover

Noedelhap

Mantis

lisafx

dingles

chromaco

pancaketom

ShadySue

chromaco

ShadySue

gillian vann

pancaketom

Noedelhap

Related Topics

Sponsors

Microstock Poll Results

Sponsors