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Is Readbud a scam?

I found a good number of results to the question whether Readbud is a scam or not. I did not believe it at early stage. But after about four month, I realize the fact. I have been the member of www.readbud.com since October 2011 and since then I have read more than 850 articles and rated them as per the requirements of readbud. After passing a very long time, In early January 2012, I found that I have earned about $40. I thought I am very near to redeem my earnings from the site. But what the site did is very much disappointing. Before earning $30, I was able to rate more than 5/6 articles a day which enabled me to earn fast. But as time passed, the number of articles reduced gradually. On February 2012, I got only 3 articles for reading and rating. The next month in March, I received only 2 articles. And sad to say that for last couple of days, I found no articles at all!!

So for the beginners, who want to earn some extra bucks online over internet, i think should forget readbud. Losing valuable time after it will bear no fruit at all. It is better try something different like PTC or site like oDesk, freelancer, microworkers etc.
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