I signed up with them way back 2010. Prior to signing up, I checked for reviews and feedback concerning this site just to make sure that I won't be fooled. Back then I didn't see any negative reviews or maybe it's my fault that I didn't probe further. Ha! I fell into their trap like the others.
One fine day I decided to clean my inbox. As I was checking for emails to be deleted, I saw the admin email of Readbud. It was an auto reply email once you signed up with them where it will show you your username and password. I immediately hit the reply button and wrote them an email raising my concern about my $50 payout which I have not received. I was hopeful that this time, my woes would be heard as soon as I hit the send button.
Imagine my surprise when I saw an email failure. It was my email to Readbud's admin/general info email address! That's when I confirmed that this site is bogus! Ha! I wish that there was a web or an internet police to shut this site down.