Here's To An AMAZING 2010

I just want to wish everyone a HAPPY, PROSPEROUS & HEALTHY 2010!!

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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.