Its starting to get a little more clear now. Once approved for the dollar amount, you will begin to make some videos. The first being an introductory vid. with others to follow showing the parts that you recieve.
The money you are told you have been sponsored for is broken down in to parts. starting at $25 and going to $500 (in my case). I have 3 $500s, a $250, $100, $75, $50 and $25. You pick the parts you want in the money's range. You will not get all your parts at once. But they do allow you to change your desicion on what part you want.
It seems to be based on the amount of views your videos get. With the first video if you recieve 250 views, you will recieve the first item on your list. I'm guessing this will be from your $25 selection. Then its time to make another promotional video and once you get enough views, you will keep working through your list. So it is all a game of self promotion. It reminds me of back in the 80's when they had those "make your own commercial" and "Make your own music video" booths at the mall.
For the introductory vid, they ask you to say a little about yourself, and give a shout out to a sponsor (they tell you which one) then once that vid reaches 250 views you get the first thing on your list. Ironically the sponsor they tell you to give the shout out to is in the $25 range. (decalkits.com, they do have some pretty cool stuff there).
So its like an advertising agency with a twist. Looking at the rules, it reads that way too. Once they recieve the video, it's thiers to use for thier own promotion as well. like I said before, it makes sense. enough people register (I've seen a butt load of vids from others so far) and the numbers add up quick at virtually no cost to the agency. With the first number being 250 views, I'm thinking they just ad a "0" to the price and thats your number of views required. so, I'm assuming, to get stuff from my $500 choices I'll be needing 5000 views. I'm also thinking that about 90% of the people either wont get the views, run out of time, or flat out give up before the list is complete.
So here is the first video.
http://www.youtube.com/watch?v=asVK44M695Y
Will keep you posted, good, bad, indifferent as I progress.