New horror ezine paying 10 cents a word

Editor Michael Knost has announced his new free, quarterly pdf horrorzine. Noctem Aeternus will be paying ten cents per word, on publication, for stories up to 4,000 words long. He’s looking for “horror stories with a solid plot, strong character development, and attention to detail. Stories should also grab the reader’s attention quickly and hold it until the end. Although a good story can include gore, we don’t want gore for gore’s sake. We are looking for great horror stories. Stories can be about monsters, the paranormal, serial killers, or anything else that evokes fear. Science fiction, mystery, western, or fantasy elements are acceptable, however, there should be no doubt the story is horror.”
He won’t look at submissions until 1 June 2007, and expects to publish the first issue 1 January 2008. For full details, see this page.
According to Noctem Aeternus‘s home page, the first issue will include a story by and an interview with Ramsey Campbell.