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There is no reason to pay the people on the list. However, send it out to your freinds/message boards etc with YOUR name and your 4 buddies and someone will be dumb enough to pay you. I know this for a fact, I did that in college (only not paypal, it was on paper) and made a semester's tuition and never paid a single penny to anyone! There are fools all over, no doubt.
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