DubLi Corp.: “Lease Details For New Boca Raton Office” (Form 8-K)

We’ve heard a lot of info about the new office, but this makes it official.  More details coming soon …

http://biz.yahoo.com/e/091228/medg.ob8-k.html
Form 8-K for MEDIANET GROUP TECHNOLOGIES INC 

28-Dec-2009

 

Entry into a Material Definitive Agreement

Item 1.01 Entry into a Definitive Agreement On December 21, 2009, the Company entered into a lease for premises at Boca Center, Boca Raton, Florida 33486. The lease commences on February 1, 2010, and terminates on January 31, 2020, with an option to renew for an additional five-year term. The leased premises are 10,476 square feet. During the initial term of the lease the rental is as follows:

The first six months of the lease rental is abated and the second six months is $25 per square foot. The lease term for the second year through the tenth years are as follows: second year, $25.75/sf; third year, $26.52/sf; fourth year, $27.32/sf; fifth year, $28.14/sf; sixth year, first three months abated; second six months, $28.98 /sf; seventh year, $29.85/sf; eighth year, $30.75/sf; ninth year, $31.67/sf, and tenth year, $32.62/sf. The furniture is included in the lease and becomes the property of the Company at the end of the lease term.

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The Truth About DubLi

A question that is constantly asked of DubLi is whether this program is a scam of some sort. There are those in the media who believe that this is some sort of scam, ponzi, or pyramid scheme. This is a rather sensationalized news story that was probably brought up because of the recent occurrences in the United States regarding ponzi schemes. The people who perpetrated these schemes stole a lot of money from a lot of people and they are now being punished for this. In fact, it could be argued that these people were punished so heavily because the powers that be wanted to make an example out of them. They figured that is people were terrified of going to jail for years on end, they would be less likely to create any more ponzi schemes that would separate people from their money. The truth about Dubli is that it is not like these schemes at all. The people who run DubLi Network are legitimate businesspeople who are in this business for the right reasons. Of course, they turn some sort of profit in this business, otherwise it would not be worth doing, but they do a lot of good for other people as well. One of the reasons this idea started was that a rumor was started that DubLi would eventually be bigger than eBay. This is not simply a claim that the company was making for no reason, but is a belief that is actually held by countless people in the industry. The reason for this is that the business model that this company uses is much different from eBay’s and it is much more sustainable long term. That is not to say that Dubli will definitely be more popular than eBay someday, but there is definitely the distinct possibility of that happening. Since this company plans to expand so heavily, it would not make much sense for the company to be involved in these illegal activities, since their growth would bring them into the spotlight. Criminals generally want to stay out of the public eye because the more visible they are, the more likely they are of being caught. Dubli is very much in the public eye right now due to its expansion plans and any potential customers can trust that is the company was doing anything wrong, they would have been caught by now. The government is simply getting too good at spotting ponzi scams to let one as major as Dubli get past them at this point. In fact, the FBI and the FTC have been notified of Dubli’s business practices and they have not found anything illegal to be going on. They have simply found that this is an auction site that offers a variety of different auction platforms for people to choose from, which gives them multiple opportunities to purchase prizes that they actually want. What people are now finding is that this is not simply a trendy website that will fizzle out in a few years, but is a legitimate business that will change the way that people operate on the internet. This website is also completely safe, as they do not take your money and invest it in things that cannot possibly succeed, so users will never have to worry about falling victim to some sort of scheme along the way. The truth is that no laws have been broken by DubLi, so there is nothing to worry about when choosing this company. There are a number of very high recommendations on this website, so all worries can definitely be put at ease now. The controversy surrounding Dubli was most likely started by similar businesses that cannot complete with this company’s rapidly expanding popularity. It is an unfortunate part of the business world that people would rather tear down what someone else has built than build up a business of their own because these people simply do not have the drive to succeed. The people who run Dubli, however, do have this drive to succeed and they are able to do it in a completely legal manner, unlike many other internet-based businesses. The FBI has already looked into this matter and found that nothing is wrong with DubLi, so this case should be closed from here on out.

Dubli Unique Bid Explained

This auction requires bidders to place bids that are unique. For a bid to win no other bidder can have made a bid for the same amount and it has to be the lowest amount with only one bidder.  Bidders are able to place multiple bids and the number of current bids at each amount is kept secret. Lowest Unique Bid: The bid that is the lowest and unmatched when the auction closes is the winning bid. A Unique bid auction may run as follows: Bid Price         Bids Received .25                   34 .50                   9 .75                   17 1.00                 57 1.25                 35 1.50                 1          Lowest Unique Bid 1.75                 17 2.00                 1          Unique Bid If the auction declares the lowest unique bid as the winner, then the player who submitted a bid of $1.50 would win the auction, and would be eligible to purchase the product or service for $1.50, because their bid was the lowest unique bid. A $1,000 item can be won for pennies this way. However, the true price is more than a penny as in order to place each bid it cost a Dubli credit (currently worth 80 cents). The bids of other participants are necessarily secret.  DubLi, however, will let you know immediately upon placing your bid(s) if it is: Neither unique nor the lowest bid Is unique but not the lowest unique bid Is the lowest unique bid DubLi will also maintain, for you, your bidding history on this particular item.  That way you won't accidentally make the same bid twice. For more details please click HERE.  Completed Unique Bid Auctions

Dubli’s "Xpress" Reverse Auction Explained

Dubli Xpress is a variation on a reverse auction.  All products show an initial sales price that is among the lowest, if not the lowest to be found online.  That’s the product’s starting price.  The actual current price is hidden until one decides to check the price by using a Dubli credit (value: 80 cents US).  With each use of a Dubli credit, the sales price will decrease by 25 cents US.  Therefore the current sales price will always be lower than the starting sales price.  Very often it will be significantly lower.  If someone uses a Dubli credit at Dubli.com for looking at the current sales price of an Xpress product, three things will happen: the current sales price will be decreased by 25 cents; after this the current sales price will be displayed Immediately one receives the opportunity to purchase the product with its indicated sales price. If one hesitates for too long someone else may just snatch it away for an even lower sales price.  The more people on the Dubli network and the more interest in a particular product the faster is the bidding and the faster the price drops. After the product is sold Dubli delivers the product directly from its warehouse so there are not bottle necks in the delivery. For more details please click HERE. Following is a video on how the DubLi Xpress Auction works.

DubLi Reverse Auction Winners

Summertime Auctions Heat Up!

The Harley-Davidson, with a value of $25,000 was won by Peter Riggio for a price of $4, 700.   As it happens, Peter is a DubLi Business Associate. 
Here is a recent statement made by Peter.  Read on and you will see that Peter has frequently won products in the Dubli Reverse Auctions.  This is an interesting case study and Peter documents his winnings.

Peter Riggio Wins $25,000 Harley On Dubli For $4,700

July 19th, 2009

Hello, my name is Peter Riggio and I have something to tell you that I am very excited about, in fact my whole family and friends are excited about. A few months back I was introduced to an entirely new way of thinking, in terms of the way I would purchase products. A friend of mine introduced me to the concept of Reverse Auctions. I have to tell you that when I first heard how they worked I thought, “What a cool idea,” but some of the folks I showed it to didn’t get it. In fact they told me it was a scam! Well, those same people today are Eating Their Words. Not only is it not a scam, but for the first time ever, a person has the ability to purchase products at ridiculous prices and have control over what they are willing to pay. If you think what I’m telling you is too good to be true, then I’ve got a surprise for you.

Here is what I have won in the last months, brand new and shipped to my door. You can go to the site and look at the “completed auctions” for proof that I have indeed won these items.
By the way, those same friends that thought it was a scam are now listed Winners!

A few days ago I won one of the biggest prizes ever given away on Dubli. On the Unique Bid Auction I won $25,000 Brand New 2009, Harley Davidson for $4,700!

I have listed other items that I have won to show not only the value of the site but to give my personal opinion that Dubli is a great place to save money and have fun doing it!

Harley-Davidson 2009 FLHX Street Glide®
Saved 81%
auction completed
Price: $25,000.00
Sold for: $4,700.25
Successful bidder Successful bidder:
Peter Riggio End date: 07.17.2009 19:00:00

KitchenAid KSM150PSER
Saved 91%
auction completed
Price: $269.99
Sold for: $23.75
Successful bidder Successful bidder:
Peter Riggio End date: 05.03.2009 19:00:00

Travel voucher worth 2000 dollars
Saved 85%
auction completed
Price: $2,000.00
Sold for: $286.75
Successful bidder Successful bidder:
Peter Riggio End date: 05.03.2009 20:30:00

Apple iPod touch 2G
Saved 64%
auction completed
Price: $367.00
Sold for: $130.50
Successful bidder Successful bidder:
Peter Riggio End date: 06.01.2009 20:00:00

Walmart $200 Gift Certificate
Saved 54%
auction completed
Price: $200.00
Sold for: $91.75
Successful bidder Successful bidder:
Peter Riggio End date: 06.03.2009 20:00:00

Nintendo Wii Console – Wii Sports Bundle
Saved 77%
auction completed
Price: $247.99
Sold for: $55.75
Successful bidder Successful bidder:
Peter Riggio End date: 06.04.2009 19:00:00

Xbox 360 Elite 120 GB
Saved 85%
auction completed
Price: $388.50
Sold for: $55.50
Successful bidder Successful bidder:
Peter Riggio End date: 06.19.2009 20:00:00

Amazon.com Gift Card
Saved 51%
auction completed
Price: $350.00
Sold for: $170.25
Successful bidder Successful bidder:
Peter Riggio End date: 06.21.2009 19:00:00

Michael’s Home Décor Gift Card
Saved 77%                                                                                                                                                         auction completed
Price: $200.00
Successful bidder Successful bidder:
Peter Riggio End date: 07.09.2009 19:00:00

Outdoor Fatboy 21st Century Beanbag
Saved 97%
auction completed
Price: $349.00
Sold for: $8.50
Successful bidder Successful bidder:
Peter Riggio End date: 07.18.2009 19:00:00

Samsung i900 Omnia 16GB
Saved 100%
auction completed
Price: $490.00
Sold for: $0.00
Successful bidder Successful bidder:
Peter Riggio End date: 05.03.2009 06:44:39

Delonghi EC155 Espresso Machine
Saved 100%
auction completed
Price: $87.38
Sold for: $0.00
Successful bidder Successful bidder:
Peter Riggio End date: 05.03.2009 12:36:38

Cuisinart Duet Blender/Food Processor
Saved 100%
auction completed
Price: $78.99
Sold for: $0.00
Successful bidder Successful bidder:
Peter Riggio End date: 05.21.2009 22:07:23

Canon Powershot SX200 IS
Saved 100%
auction completed
Price: $349.00
Sold for: $0.00
Successful bidder Successful bidder:
Peter Riggio End date: 06.09.2009 21:24:30

I could list many of my friends that are now winning products off the site, but because I want to keep it personal I won’t. I hope those who find value in the site continue to use it. And for those who don’t use the site I urge you to take another look, not from a business perspective but for the pure saving that this site offers people during our rough economy.

This Article was written by Peter Riggio.

DubLi Merges with MediaNet

MediaNet Group Technologies, Inc. announced today (10/20/09) it has finalized its merger with CG Holdings Limited, a European-based holding company for the DubLi companies. DubLi has become a worldwide online trading firm and will now become one of MediaNet’s wholly-owned subsidiaries. The board of directors at MediaNet will now be controlled by DubLi-nominated directors and the DubLi Chief Executive board will assume similar positions within MediaNet. DubLi’s president and CEO, Michael Hansen, said “We are delighted to be a part of this unique business combination. The uniting of the DubLi and BSP platforms combines two shopping alternatives, both of which are recognized leaders in their respective areas, and offers a one of a kind shopping program unparalleled in the industry. We believe that the business combination offers the doorway to a totally unique method of international shopping and sets the stage for worldwide expansion.” BSP Rewards Inc CEO, Martin Berns, also expressed optimism. According to Berns, “During the past months we have had opportunity to become intimately involved with DubLi’s vision and progress. Their goal of expanding as a world leader in the international shopping and auction market is extremely exciting. It offers a major opportunity for the company and our shareholders. The DubLi auction and shopping platform is exceedingly sophisticated and when combined with our BSP program acts as a loyalty, incentive, continuity and communication tool, with the added capability of being able to load cash, bonus payments, payroll and rewards instantaneously onto virtually any debit or credit card — domestic or international. It truly is a 1+1 equals 3 scenario.” MediaNet Group Technologies Inc has developed the largest online mall and affinity program through its BSP Reward division. BSP has for years formulated customized proprietary loyalty programs for their clients. Organizations enroll their members into these programs while BSP cross-markets them to its vast database. It boasts of over 1000 participating mall merchants which includes the nation’s largest retailers. After factoring in the dozens of online shopping malls, BSP Rewards serves well over 750,000 users. Current mall retailers include household names such as Target, Walmart, Best Buy, Office Depot, Macy’s and Bass Pro Shops. The DubLi Group is a global web-based trading firm headquartered in Limassol, Cyprus. It represents a cutting-edge and dynamic ecommerce platform featuring two globally recognized reverse auctions and a ever-expanding shopping portal. Customers have access to the widest variety of brand-name items at their absolute lowest market prices. DubLi also offers a lucrative business opportunity (DubLi Network) where entrepreneurs around the world can generate passive income by building a loyal customer base of DubLi shoppers. It’s already one of the fastest growing direct sales companies throughout North America and Europe, and has just entered the Australian and New Zealand markets. Read the full press releases at: www.free-press-release.com

Short & Sweet

I see the DubLi Opportunity as having three levels: "Gold" - The serious net worker who wants financial freedom and is willing to put in the time and effort necessary to run his/her own business. "Bronz" - The part timer who only wants a little passive income, but is still willing to put in the initial work.  (Note - Anyone starting as "Bronz" has 30 days to upgrade to "Gold".) "Customer" - The person who wants to save money while shopping on-line and have some fun with the auctions and getting great deals.  Reverse Auction Portals Xpress Auction Unique Bid Auction Shopping Portal In all cases, I will give you 10 free credits to participate in the auctions and get a feel for DubLi, from a customer's perspective.  After all it is the customer who will sustain this business. As for me, I am both a "Gold" participant and a customer. Are you right for DubLi?