May 31, 2010


INTRODUCTION
Jan, 2010

Greetings,

The purpose of this Web posting is to find partners possessing the expertise and/or financial capital to formally establish and  develop the Ad Spread Collective Transaction Fund (ASCTF). Its purpose is also to give a basic illustration of how the various Web page functions will work.

The ASCTF will be a subordinate enterprise of Ad Spread Collective (ASC) or Adspread.com. Said partners will formally be contractually conjoined as ASC partners and will thusly share in all benefits and profits to which ASC partners are entitled.

The ASCTF will function as a free-to-use financial transaction mechanism allowing its members to transfer money back and forth in a debit-type manner. It will especially serve as the transaction method for all ASC-controlled enterprises and endeavors. See more in ABOUT (2-1).

In the initial stage, only basic essential functions will be available. However, in the future, more features will be added until, eventually, just about every financial-transaction function that one desires can be accommodated via ASCTF services.

As said in my ASC Partnership Booklet: I’m seeking partners to help develop the ASC enterprise projects into active and viable entities. I’m particular seeking those who are “green-oriented”—advocates of ecological compatibility and social responsibility. Also, an interest in socio-economic equity—or, equitable wealth-distribution—is a BIG plus.

If you have significant skills in Web development, technology and/or business and, after examining this posting, would like to be considered as a potential ASC partner, or would like to send quotes regarding your fee for developing the ASCTF Website, simply send me info regarding your skills and capabilities. Also include any personal info about yourself that is significant regarding how it could affect the public image of ASC.

For a better world,
Keith Anderson, Founder
Ad Spread Collective
P.O. Box 4051
Bluefield, WV 24701


1-1) HOME PAGE

   FIG. 1, besides the normal links and login function, the HOME PAGE will host a video ad (or banner), paid for by the advertiser. The idea is that this should provide all necessary funding to pay for ASCTF operations.

   (Note: The ASCTF logo will be better enhanced at a later stage.)

FIG. 1 BEFORE LOGIN

   In FIG. 1A, the member ("John Doe") has logged in. Clicking on his name takes him to his Profile Page.

FIG. 1-A AFTER LOGIN

   In FIG. 1, if John clicks "Login Help," a page appears allowing him to have his login info sent to his ASCTF-registered email (FIG. 1B) .

FIG. 1B




2-1) ABOUT

   FIG 2, shows the design for the general non-logged-in Web shell. The ASC logo at bottom will be linked to www.adspread.com.
   "Currency-conversion chart" will be linked to such a chart on the Web. "ASC" will be linked to the www.adspread.com.

   (Note: The fictitious “People’s Bank of Money” will be used as the example host-bank for the ASCTF . It will be linked to that bank's Home Page. The bank would receive promotion from the ASCTF via the links and also by agreeing to grant free deposit/withdrawal transfers to ASCTF members who open bank accounts with the host bank and then withdraw funds from said bank accounts and deposit them into their ASCTF accounts or vice versa.)

FIG. 2




3-1) POLICIES

FIG. 3




4-1) CONTACT

   As a preventative against SPAM, non-logged-in users could be required to pass a character-recognition test before being allow to send their messages.

FIG. 4




5-1) REGISTER

   On the Home Page, "John Doe" places the cursor over "REGISTER" and selects "Business" (FIG. 5).

FIG. 5 REGISTRATION CHOICES

   The Business form (FIG. 5A) is for those wanting to deposit/withdraw funds electronically.
   This Business Registration form was designed with the assumption that the ASCTF and/or its host bank ("People's Bank of Money") would be allowed to withdraw funds from personal bank accounts as well as deposit funds into them (as in a PayPal manner). Therefore, the registrant will be required to verify his/her authorized control of the registered bank account.
   If the ASCTF and/or its host bank will be allowed to only deposit funds into personal bank accounts, then no bank-account verification process would be needed.

   Those desiring to conduct business via the ASCTF will be required to substantiate their identity by registering a card, bank and/or PayPal account.
   Because both withdrawals and deposits will be accommodated regarding bank accounts, newly-registered bank accounts will have to be verified .
  
(Note: Besides the verification methods below, maybe a bank-to-bank-transfer method could also be provided.)

FIG. 5A BUSINESS REGISTRATION FORM

   For the first draft of the AGREEMENT, go to 5-3.


5-2) BANK ACCOUNT VERIFICATION

   After a successful Business registration, John can access his Profile Page by clicking on his name and account # (FIG. 5B). However, he must now verify his bank account. The word "verification" would flash in "Your bank account needs verification." Clicking on it would lead John to FIG. 5C.

   (FIG. 5B is also the first display of the Business logged-in Web shell.)

FIG. 5B

   In FIG. 5C, John chooses to verify his bank account via credit card.

FIG. 5C

   In FIG. 5D, John receives confirmation that his bank account verification is pending and informs him to watch his email (FIG. 5E).

   (Note: In the coming illustrations, in order to save space, the Web shell may or may not be displayed in full. However, it is to be understood that it would be fully displayed on the actual pages.)

FIG. 5D

FIG. 5E

   John clicks "this link" in FIG. 5E and is transferred the login for his account. After logging in, he is transferred to the bank verification page (FIG. 5F). He then types in his verification code and clicks "SUBMIT," whereupon his bank account is indicated as verified (FIG. 5G).

FIG. 5F

FIG. 5G


5-3) BUSINESS REGISTRATION AGREEMENT (FIRST DRAFT)

As an ASCTF Business Member, I understand that:

1) the Ad Spread Collective Transaction Fund (ASCTF) is a subordinate enterprise of Ad Spread Collective (ASC—Adspread.com), with ASC being liable for all activity conducted by the ASCTF.

2) ASCTF membership is free for life, and I may cancel my membership at any time without any financial or legal consequences initiated by ASC.

3) I may use the ASCTF to conduct business transactions and therefore may request payment for goods and/or services or send original invoices or ASCTF-programmed invoices to my customers who are also ASCTF members.

4) I must verify that I am the genuine account holder of any bank account(s) I register with the ASCTF, and I must pay all fees charged by non-ASCTF concerns associated with verifying any said bank account(s) I register with the ASCTF.

5) I am solely responsible for providing all funds necessary to conduct my own financial transactions, and the ASCTF will in no way cover any deficits that I may experience when attempting to use its services to send money or make payments.

6) I must pay all fees imposed by any concerns that charge fees related to depositing funds info my ASCTF account and/or withdrawing funds from said account when those said withdrawn funds are to be sent to an entity not using the ASCTF’s debit-type financial transaction system.

7) the ASCTF functions by: A—storing all funds in a single-entity master account in an FDIC-insured host bank, B—allowing ASCTF members to establish no-interest “sub accounts” (individual bank accounts which pay no interest and that, combined, comprise the bulk of the said ASCTF master account), and C—by providing electronic means that allow said ASCTF members to transfer money back and forth to and from one another’s said sub accounts in a debit-type manner. The ASCTF uses the dollar as its base currency but provides links to a currency-conversion table allowing members to view currency rates before conducting transactions.

8) all ASCTF services regarding the use of ASCTF sub accounts to process debit-type financial transactions are completely free of charge, and I may send money to ASCTF members in any amount at any time with any frequency as long as I have the adequate funds in my ASCTF account. I may also receive funds from ASCTF members with adequate funds in any amount at any time with any frequency.

9) ASC will not be held financially liable for any financial difficulties experienced by its host bank that result in depletion of any member’s funds that are not covered by the FDIC insurance available to the ASCTF’s said master account; therefore, ASC strongly suggests that members who fear banking collapses and who plan to receive ASCTF transactions of massive amounts quickly withdraw said massive funds from their ASCTF account and deposit them into their personal bank account that is fully FDIC-insured—thereby using the ASCTF as a medium to transfer/receive, but not to store, massive funds.

10) ASC will not be held legally or financially liable regarding any impropriety or incompetency committed by its said host bank that results in depletion of any ASCTF member’s funds that are not covered by the FDIC insurance available to the ASCTF’s said master account or that are not recoverable via legal suit against said host bank.

11 ASC will be held liable for any impropriety or incompetency committed by its own personnel and will bear the legal and financial consequences thereof.

12) any personal information the ASCTF requires regarding my person will not be shared with any nonessential entity and will be used solely for the management of my individual ASCTF account.

13) ASC will in no way be held responsible for any theft or difficulties committed by non-ASC-associated hackers committing fraudulent or improper acts regarding ASCTF accounts. However, should any such activity occur because of criminal activity or incompetency committed by ASC personnel, the victimized members will be compensated to the fullest extent to which ASC can provide.

14) ASC promises to provide adequate backup for all accounts so that no data or funds are lost should technical difficulties arise, and the ASCTF’s electronic monetary-transaction mechanism will be shut down should malfunctions occur and will not be reactivated until all such difficulties have been resolved.


5-4) LIMITED-REGISTRATION

   Limited Registration is for those who don’t have, or who don’t want to register, financial-transaction means (credit cards, bank accounts, etc.) that verify their identity. Because their identity won’t be verified, they will not be allowed to solicit business via the ASCTF. They will only be allowed to receive personal money or send/pay money to people/businesses. All deposits made will be by mail. All withdrawals will be conducted via ASCTF-issued checks or money orders. (Of course, another deposit means would be for them to give ASCTF members whom they know the cash money to “SEND MONEY” to their ASCTF accounts.)

FIG. 5H LIMITED REGISTRATION FORM


5-5) LIMITED-REGISTRATION AGREEMENT (FIRST DRAFT)

As an ASCTF Limited Member, I understand that:

1) the Ad Spread Collective Transaction Fund (ASCTF) is a subordinate enterprise of Ad Spread Collective (ASC—Adspread.com), with ASC being liable for all activity conducted by the ASCTF.

2) ASCTF membership is free for life, and I may cancel my membership at any time without any financial or legal consequences initiated by ASC.

3) because my identity is not verified via bank account, credit card, or other identity-verification means, I am not authorized to use the ASCTF to conduct business transactions as a merchant who requests payment or to send invoices to any ASCTF member. All messages I send to other members via the ASCTF will therefore include the notice: “This ASCTF member is a Limited Member and is not recognized as an ASCTF-recommended business entity.”

(Note: All other articles are the same as in the Business Registration.)


   FIG. 5I shows the Limited logged-in Web shell. The differences between the Business and Limited Web-page headers are that the Limited name and account # will be in blue and its navigation menu will be minus “SEND INVOICE.”
  
Also, Limited members won't be allowed to receive invoices, since they won't be recognized by the ASCTF as being allowed to conduct business.

FIG. 5I




6-1) LINK FUNCTIONS

   FIGs. 6 & 6A show the drop-down menu options available for Business members when the cursor is placed over ADD MONEY and RECEIVE MONEY. Business members can add (deposit) money into their ASCTF accounts electronically or by mail. Limited users will not have “Add Money to ASCTF.” They will have to add money via a deposit slip and payment sent by mail.

FIG. 6

  In FIG. 6A, RECEIVE MONEY—Members will be able to receive or reject money sent by another member. Business members may withdraw funds electronically, by ASCTF-issued check, or by money order. Limited members can have a check or money order mailed to them. Checks or money orders will incur a service fee.

FIG. 6A




7-1) BUSINESS PROFILE

   The Business Profile will allow the Business member to update data, add/delete transaction accounts, and to downgrade to a Limited status, if desired.

FIG. 7

   Business Members no longer able or desiring to maintain credit/debit cards, a bank account, PayPal account, or other identity-verifying transaction means can downgrade to a Limited account, whereupon these said transaction means will be deleted from their accounts.


7-2) LIMITED PROFILE

FIG. 7A

   Limited Members able or desiring to maintain credit/debit cards, a bank account, PayPal account, or other identity-verifying transaction means can upgrade to a Business account, whereupon the Business Registration Form will appear, allowing them to register said identity-verification transaction means as well as all other required info.




8-1) SEND MONEY

   In FIG. 8, John can send money to someone by typing in their ASCTF account #, the amount he wants to send, the subject and then the message.

   "SENT MONEY STATUS" allows him to access the page displaying money he has sent but which has yet to be accepted by the recipients.

FIG. 8

   After clicking "Preview Transaction," John is taken to the page (FIG. 8A) where he can confirm the transaction.
   Placing the cursor over the recipient's acct. # summons a popup verifying the recipient's identity (real name or handle).

FIG. 8A

   John confirms and sends the money, with it being verified in FIG. 8B. The amount is deducted from his account and the new balance is displayed, *pending acceptance.

FIG. 8B

   John clicks "SENT MONEY STATUS" and is transferred to FIG. 8C, where he can view all money he sent that is yet to be accepted by the recipients.
   The asterisk before the Account-Balance amount will disappear when no transaction appears on this list.

FIG. 8C




9-1) RECEIVE MONEY

In FIG. 9, “Receive Money from Someone” allows John to accept or reject money sent to him.

   John can find the full messages via his ASCTF email subjects if he wishes to review the messages to refresh his memory or to get further details the messages provide.

FIG. 9

   John accepts money from two of the three senders--acknowledged in FIG. 9A. The transaction is recorded in his ASCTF-registered email.

FIG. 9A

John checks a box and clicks the “Reject” button (FIG 9B).

FIG. 9B

   He is then led to a page (FIG. 9C) where he can send a message to the rejected payer’s ASCTF email and then to a page (FIG. 9D) where he can confirm, edit or cancel the rejection.

FIG. 9C

 

FIG. 9D

   FIG. 9E is the confirmation of John's rejection.

FIG. 9E


9-2) WITHDRAW FUNDS   

John places the cursor over "RECEIVE MONEY" and chooses "Withdraw Funds."
   In FIG. 9F,
he’ll have a number of options but will have to pay any resulting transaction fees.
   Limited registrants will only be able to receive a check or money order.
   (Note: Another possible option could be to allow members to transfer money straight from their bank account to someone else's PayPal account via a computer program that first transfers the funds from the member's bank account into the ASCTF's PayPal account, whereupon it would then be transferred from their to the targeted PayPal account.)

   John selects “Bank to Bank” and then selects his bank account that will receive the money. He then enters the amount to be transferred to his bank account.

 FIG. 9F

   After clicking “Continue,” John is transferred to a page (FIG. 9G) where he can see all elements, including the bank’s transaction fee. (He doesn’t have an account with the ASCTF’s host bank—“People’s Bank of Money”—so a transaction fee is charged by the bank that he does have an account with.)

FIG. 9G

   John clicks “Withdraw Funds” and the money is transferred into his bank account minus the bank’s transaction fee (FIG. 9H). The withdrawal is recorded in John's ASCTF email.

FIG. 9H




10-1) CONTACT A MEMBER

Sending a message to an ASCTF member simply requires the recipient’s Member #, a subject, and the body of the message. The message will be delivered to the recipient’s member-contact email.

FIG. 10

   After clicking "Continue," John may verify and send the message (FIG. 10A). If John sends the message, a confirmation page appears and the email is recorded to John’s member-contact email (FIG. 10B).
   In FIG. 10A, a popup will show recipient’s name when cursor is placed over the Member #.

FIG. 10A

FIG. 10B




11-1) SEND INVOICE

   FIG 11: When a seller sends an invoice, the computer program will automatically create an invoice # based upon the seller’s ASCTF account # (example: 123456789012) *and the # of the invoice (*example, “I1”).  This automatic # will remain active until the invoice bearing it is sent.
   If the seller selects “Custom,” the automatic invoice # is deleted, and the text box becomes active so that the seller may type in an original invoice #.

   John types in the buyer’s ASCTF account # and then completes the Item info for all items the customer wants. He can click “Add Item” to add as many additional items as needed (FIG. 11A).

FIG. 11

   In FIG. 11A, after "Add Item" is clicked, an additional item-form appears allowing for the details of the additional item to be typed in. The "Delete Item" button appears after the first time the "Add Item" button is clicked and deletes the last item-form added by the "Add Item" button every time it's clicked. When the last additional item-form is deleted, the "Delete Item" button disappears. The original item-form cannot be deleted, but, of course, can be edited.

FIG. 11A

   After completing the info in FIG 11, John previews the invoice (FIG. 11B).
   A
popup will show buyer’s name when cursor is placed over the #.
   "3-Pack Kingston..." is linked to Item URL—the Web page featuring the item. Page will appear in a new window.
   When previewing the invoice, John can send, edit or cancel it. Sent invoices are recorded in John’s ASCTF email.

FIG. 11B


11-2) RECEIVED INVOICES

   Jack clicks “RECEIVED INVOICES” to see his list of still-active invoices in dated order from latest to earliest (FIG. 11C). He can click on any invoice # to access those invoice details (FIG. 11D).

FIG. 11C

      In FIG. 11D, the seller’s name appears in popup when cursor is placed over the invoice #.

FIG. 11D

   Jack clicks “PAY INVOICE.” A confirmation popup appears with “Pay Invoice” and “Cancel” options. He clicks “Pay Invoice” and the money is transferred to John’s ASCTF account, with the transaction being stored in both Jack’s and John’s ASCTF emails. This invoice is then deleted from Jack’s RECEIVED INVOICES.




12-1)

   John selects to add money to his ASCTF account (FIG. 12).

FIG. 12

   In FIG. 12A, John selects to add the money via credit card and then types in the amount he wants deposited ($1,000.00).

FIG. 12A

   John clicks "Continue" and is transferred to the page where he can verify and add the money (FIG. 12B). He can also see the total credit card charges.
   He clicks "Add Money" and is transferred to the confirmation page (FIG. 12C) where he can also see his new balance.

FIG. 12B

FIG. 12C

   If John had selected a bank to bank transfer and had an account with the ASCTF host bank, no transaction fee would be charged (FIG. 12D).

FIG. 12D

   An ASC Entity is any enterprise that Ad Spread Collective controls. These will be listed on the ADD MONEY TO ASC ENTITY page (FIG. 12E) as they become available. John selects CentList. He types in his CentList login info and the amount he wishes to withdraw from his ASCTF account and deposit into his CentList account. He will then be able to purchase all CentList services by using that account. From his CentList account, he will be able to withdraw money from his CentList account and re-deposit it into his ASCTF account.

FIG. 12E

   After clicking “Add Money,” John’s CentList account immediately receives the deposit (FIG 12F). No affirmation page is necessary because John is essentially sending money to himself and can withdraw and deposit it back into his ASCTF account at any time.

FIG. 12F


   (The ASCTF will open a master account in a FDIC-insured bank (ASCTF host bank). The master account will host the individual ASCTF accounts, with ASC using computer programming to distinguish and manage those individual “sub” accounts for the members controlling them.)

   John selects “Print a Deposit Slip” and is transferred to FIG. 12G.
   Deposits must be high enough to cover processing fees. Probably a minimum deposit ("$2") should be set--or the member could just be required to include the processing fee when sending the deposit slip.

FIG. 12G

   John types in his deposit amount and clicks “Continue,” where he is then led to a printout page for the deposit slip (FIG. 12H). The slip automatically features his account info.

   In FIG. 12H, the deposit slip will feature scan bars used by the host bank to process deposit. If the processing fee isn’t included, the bank rep can instruct the computer program to transfer the fee to the bank once payment has cleared (hence, maybe, a $2 minimum requirement).

079889067 = Routing # for ASCTF Host Bank.
97 9971  3 = ASCTF Master Account # in Host Bank.
123456789012 = John Doe’s personal ASCTF Account (“sub account”) in the ASCTF Master Account. The scan bars would contain this info as well as the deposit amount.
 

   John prints out the slip and includes the $1 professing fee in his payment to have the full $50 deposited.
   When his payment clears, the appropriate amount is deposited into his account and notification is sent to his email—title: “ASCTF Deposit—May 17, #1.”

FIG. 12H

   (Regarding the "*Include $1 processing fee..." example--the host bank would receive whatever processing fee it requires from John. Hopefully the $1 fee would be satisfactory to whatever real host bank the ASCTF can recruit.)




13-1) FUTURE CAPABILITIES...
...among other things, will include checks that can be printed and that can also be sent to a recipient via his/her email address.

   Whenever John composes and submits a check, a sub account for that check is created. That check amount is withdrawn from John’s main ASCTF account (123456789012) and stored in his sub account, which is the check # of that particular check (example: C1). That check can be cashed only once, and only for that particular amount, because that particular sub account can be redeemed only once. The next sub accounts (check #s) would therefore be C2, C3, C4, etc.

   In FIG. 13, "View Pending Checks" allows John to view checks yet to be cashed, whereupon he may void them if desired.
   John types in the recipient, check amount, date of check, and memo.
   From the three options, John selects to send a check to an email address.

FIG. 13

   After clicking “Continue,” John is led to FIG. 13A.

   123456789012-C1: 123456789012 = John’s ASCTF Account #, C1 =  Check #

   Casey Scott Wheels ‘N Deals : Bank clerks will check the recipient’s personal ID before he/she can cash the check.

079889067 = Routing # for ASCTF Host Bank. 

97  9971  3  = ASCTF Master Account # in Host Bank.

FIG. 13A

   Scan bars will allow the clerk to open up a Web page featuring the check info, whereupon he/she can verify the account info, recipient and payment amount. The clerk then instructs the program to withdraw the funds from the check’s sub account and deposit them into the bank’s account.

  John clicks “SEND,” and the check is sent to the indicated email address. (The email address must be HTML-enabled.)

   (Note: Because the endorsement signature and the banking-institution info for the bank that cashes the check will be on back of the check, the recipient of the check will receive two email images: one for the check, and another for its backside. The recipient would be instructed to print the check and then to run the same sheet through the printer again to have the backside info printed onto the back of the check, where he/she may then endorse and cash it, with the bank stamping that backside.)