diff --git a/public/admin.html b/public/admin.html
index 2f20c0a..cf66dd4 100644
--- a/public/admin.html
+++ b/public/admin.html
@@ -488,6 +488,6 @@
 </div>
 
 <script src="/assets/common.js?v=20260916a"></script>
-<script src="/assets/admin.js?v=20260916c"></script>
+<script src="/assets/admin.js?v=20260917a"></script>
 </body>
 </html>
diff --git a/public/assets/admin.js b/public/assets/admin.js
index 738e6e5..0612794 100644
--- a/public/assets/admin.js
+++ b/public/assets/admin.js
@@ -347,7 +347,15 @@
     let h = '<div class="grid c2">';
     h += '<div><h4 style="margin:0 0 6px">Identity</h4>' + kv([
       ['Email', esc(a.email)], ['Username', a.username ? '@' + esc(a.username) : '<span class="muted">not set</span>'], ['Share code', esc(a.code || '')],
-      ['Main wallet', a.address ? '<span class="mono small">' + esc(a.address) + '</span>' : '<span class="muted">none linked</span>'],
+      // A linked wallet is NOT an active position: linking is a free signature, switching on
+      // payouts is a separate transaction that creates the position. The address used to sit here
+      // on its own, which reads as "he is set up" when he is not (Marty, 2026-09-17, @mcbit1).
+      ['Main wallet', a.address
+        ? '<span class="mono small">' + esc(a.address) + '</span>'
+          + (ch && !ch.readError
+            ? ' <span class="small" style="color:var(--mint)">payouts ON</span>'
+            : ' <span class="small" style="color:var(--bad)">payouts OFF</span>')
+        : '<span class="muted">none linked</span>'],
       ['Extra positions', d.positions.length ? d.positions.map(p => '<span class="mono small">' + esc(p.address.slice(0, 8) + '…' + p.address.slice(-6)) + '</span>' + (p.memberId ? ' = #' + p.memberId : ' (unregistered)')).join('<br>') : '<span class="muted">none</span>'],
       ['Sponsor (site)', d.upline.length ? memLink(d.upline[0].email, d.upline[0].name) + ' <span class="muted small">token ' + esc(a.sponsorRef || '') + '</span>' : (a.sponsorRef ? '<span class="muted">unresolved: ' + esc(a.sponsorRef) + '</span>' : '<span class="muted">none (company)</span>')],
       ['Upline chain', d.upline.length > 1 ? d.upline.map(u => memLink(u.email, u.name)).join(' &rarr; ') : '<span class="muted">-</span>'],
@@ -355,7 +363,13 @@
       ['Line banner', a.lineTargetUrl ? '<a href="' + esc(a.lineTargetUrl) + '" target="_blank" rel="noopener">' + esc(a.lineTargetUrl.slice(0, 50)) + '</a>' : '<span class="muted">not set</span>'],
       ['Chat', a.chatAvailable ? 'available' : 'switched off']]) + '</div>';
     h += '<div><h4 style="margin:0 0 6px">On-chain and money</h4>' + kv([
-      ['Registered', ch ? (ch.readError ? 'read error' : 'yes, #' + ch.memberId + ' under ' + (ch.sponsorId ? '#' + ch.sponsorId + (d.names[ch.sponsorId] ? ' @' + esc(d.names[ch.sponsorId]) : '') : 'nobody')) : '<span class="muted">no (payouts off)</span>'],
+      // Say WHICH of the two "not registered" states this is, and what it costs them, so the row
+      // above never gets read as "he is fine".
+      ['Registered', ch
+        ? (ch.readError ? 'read error' : 'yes, #' + ch.memberId + ' under ' + (ch.sponsorId ? '#' + ch.sponsorId + (d.names[ch.sponsorId] ? ' @' + esc(d.names[ch.sponsorId]) : '') : 'nobody'))
+        : (a.address
+          ? '<span style="color:var(--bad)">no</span> <span class="muted small">wallet linked, but payouts were never switched on, so no position exists. Sales in their line walk up to their sponsor and lock there.</span>'
+          : '<span style="color:var(--bad)">no</span> <span class="muted small">no wallet linked yet.</span>')],
       ['Qualifying buyers', ch && !ch.readError ? ch.buyerCount + ' · ' + level : '-'],
       ['Packages bought', t.purchases + (t.purchases ? ' · $' + (t.spentCents / 100).toFixed(0) + ' · ' + polOf(t.spentWei) + ' POL' : '')],
       ['Payouts received', t.payoutsIn + (t.payoutsIn ? ' · ' + polOf(t.receivedWei) + ' POL' : '')],