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Because he's trying to attract new affiliates... and by the looks of it, the greenest of the green.
No brand newbie to the game starts at Step 10 working 8 hours a day like you are suggesting.
Minimum investment, minimum knowledge, minimum returns.
$150 is fine.
You could always go DL chameleon and try to outdo him with your content under the same conditions. (1-2 submissions a day for 40 days)
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