How regularly do I receive checks and reports on sales? How are payments calculated?
Any month in which your total payment exceeds $20.00 U.S. you will be paid on or about the 15th of the following month. In months where the $20.00 U.S. is not met or exceeded LightningCD will roll that month’s earnings in to the following month. You will always be paid within three (3) calendar months of any sale, even if this falls below the $20 threshold. As we have described, your monthly payments are based on how many CDs or DVDs were sold and where they originated. (The LightningCD contract guarantees that for each sale you make we will pay you a minimum of 50% of the price of every sale. Should you bring sales through your web site you will receive an additional 10% of that net.) If you have reached $20.00 in sales profits, we will generate reports to show you your total sales and total profit. With this report it will be our pleasure to write a check to you, processed and paid promptly. As an example, let us say you were to decide to list your CD within the LightningCD catalog a