Category: Internet Mobile

Text Cash Network Offer $700 Free VIP Upgrade GIFT + $100,000.00 Give-A-Way in February 2012

[Text Cash Network News]

TCN Celebrates 100 Days of Pre-Launch With Over 315,000 Referral Agents!!!!

With the excitement about VIP and VIP Plus,  we are still the #1 FREE INCOME MODEL on The Planet. World-Wide Alexa Rating of 2,824

The USA is “The World’s #1 Gold Mine”. TCN allows over 200 countries to start mining in it! TCN with it’s Satellite Partners will also start mining Internationally. See below for Satellite Partner Details.

TOPICS BELOW ARE:
#1 THE GOOD NEWS
#2 THE GREAT NEWS
#3 THE INCREDIBLE NEWS
#4 THE $100,000 Give-A-Way
Join TextCashNetwork For Free Now and Take Advantage of $100.000 Give-A-Way.

#1 THE GOOD NEWS:

On March 16th TCN will be introducing “The VIP Plus Advertising Package” which will cost $499 + $60 Monthly x 11 Months with 100% of the additional funds going to the VIP Plus Agents.

The VIP Plus Package pays SUPER VIP PLUS WEEKLY Compensation. Just the $100 VIP Plus 1st Level Bonuses with 100% Match (which is like $100 for 1st & 2nd level sales) will be AWESOME. Examples: 2 who sell 2 pays $600; 3 who sell 3 pays $1,200; 4 who sell 4 pays $2,000; 5 who sell 5 pays $3,000; 10 who sell 10 pays $11,000; or any mixed up numbers such as 10 who sell 2 pays $3,000; or 25 who sell 3 pays $10,000

PLUS it pays 10 Times More in THE POWER GRID. It pays $5 up to 10 levels and 10% Matching Bonuses up to 10 levels.

  • A Simple 2×10 pays over $10,000 Monthly!
  • A 3×10 pays to much to even put in Print!

#2 THE GREAT NEWS:

On March 16th TCN will be upgrading all current VIPs to The VIP Plus Level which is a $700 Gift! TCN is also going as far as upgrading all current VIPs to The Manager Level!!!

#3 THE INCREDIBLE NEWS:

TCN will not only upgrade all current VIPs to The VIP Plus Level and The Manager Level but they will also upgrade all VIPs who become VIPs by March 15th, 2012 at Midnight Eastern Standard Time.

#4 GET READY FOR:

The biggest Pre-Launch Give-A-Way Ever. The TCN $100,000 GIVE-A-WAY this Month! This will happen this month and possibly this week. To qualify you must be “Get The Word Out Qualified.” This means that if you are not AD qualified prior to the text going out you will not qualify and forfeit your chances on receiving any awards from The $100,000 Give-A-Way and you will also forfeit any Apple Prize of Cash Prize you could have won. So start placing your “Get The Word Out Ads” RIGHT NOW and be ready!!!


$100 000 GIVE-A-WAY QUALIFICATIONS

#1 – You must have an SMS that is VALIDATED – As long as you can receive the SMS you will be able to VALIDATE if you have WON from your back office via the INTERNET.
#2 – You need to be able to receive an SMS Text
#3 – Your SMS/Text Back Office Profile Must Be Completed
#4 – Your “Get The Word Out System” must be active at the time the text is sent.

BONUS: VIP Winners Receive An Additional 100% Match On All Personal Real Cash Winnings!!!

Join TextCashNetwork For Free Now and Take Advantage of $100.000 Give-A-Way.

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Text Cash Network $100,000 Give-A-Away Qualifications

[Text Cash Network News] TCN is Launching a $100,000 GIVE-A-WAY with over 5000 Winners! 300,000+ agents in less than 90 day of Member Pre-launch!

No MLM Company in the world ever offered a $100,000 GIVE-A-WAY in it’s 1st Fiscal Month of Opening it’s doors to the public. February is that month and if it goes the way the Founders intend for it to go it may become a monthly GIVE-A-WAY. With the cash and prizes growing each month. $90,000 of the $100,000 is in real CASH Compensation.

Here are the Give-a-way qualifications:

  • #1 – You need to be able to receive an SMS Text
  • #2 – Your SMS/Text Back Office Profile Must Be Completed
  • #3 – You must place your ads “Get The Word Out System”

BONUS: VIP Winners Receive An Additional 100% Match!!!

Click here to join TextCashNetwork & Participe…

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NFC: Top of the list of 10 predictions for mobile in 2012

MEF, the global community for mobile content and commerce, has released its 10 predictions for 2012.

Top of the list is NFC. MEF predicts that there will be increased investment with some spectacular trials, but that it will still fail to have a significant commercial impact. The industry based on consumers paying for items on their mobiles is already worth $35bn a year, so people are willing to pay on mobile if the correct product and payment method are available.

1. NFC: 2012 will be the year that the industry ‘gets’ NFC and there will be increased investment with some spectacular trials, but it will fail to have a significant commercial impact.

2. Security: Regulators worldwide will be brought face-to-face with the security challenges of in-app billing, and new regulations will emerge.

3. Privacy: As Smartphones and mobile connected devices continue to become more widespread, increasingly complex and diverse attitudes towards privacy will cause chaos in the industry.

4. Nokia/Microsoft Alliance: The Smartphone landscape will evolve into a three horse race, accelerated by local focus in high growth markets.

5. HTML 5: Operators will face yet more capacity challenges arising from the surge in the use of HTML5 and the consequent stimulus to audio visual content.

6. SMS: Brands, content owners and retailers will retain SMS in their mobile toolkit to further engage consumers in content and commerce.

7. Games: 2012 will see mobile connected devices challenge consoles as the platform of choice for high-end gaming.

8. Mobile Payments: Carrier wallets and screen based payments will start to supersede PSMS in Atlantic markets.

9. Apps and multi-screen: The maturing mobile apps ecosystem will extend to infotainment in cars and the living room in 2012.

10. Geo-social: Location-based social commerce will replace social networking as the focus for mobile innovation by retailers and brands.

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TCN Spotlight: Today is VIP Payday with over 280 000 Agents on Day 80

[Text Cash Network News]

  • Today is VIP Payday.
  • Today you can transfer your compensation Day.
  • Today is Power-Matrix Positioning Day.
  • Today TCN reaches over 290,000 Agents Day.
  • Today is Day 80 of TCN Member Prelaunch.

What was January 16, 2012

It was the day that Text Cash Network (TCN) broke ground on Building a Multi Billion Dollar Empire with the pre-launch help of 250,000 Agents. You can not compare TCN with any other MLM Model. TCN is a FREE MODEL.

We do not manufacture products nor do we sell products to the public. TCN has not asked you to buy $1000 of Coffee, $200 of Cosmetics, $100 of Soap or $50 of Juice. TCN has not one penny in mandatory investment nor purchase to earn up to $100,000 a year and more. There is not one single model like TCN anywhere in the world.

  • Who is responsible to build Groupon? Members who refer!
  • Who is responsible to build PayPal? Members who refer!
  • Who is responsible to build Google? Members who refer!
  • Who is responsible to build E-Bay? Members who refer!

Please show TCN even 1 Member who refered others to help the above companies who earned $10,000 for helping to build any of the above Billion Dollar Companies.

TCN is different than anything in the world. Focus on the positive attributes at TCN.

  • #1: FREE TCN state of the art website that moves at lighting speed.
  • #2: FREE TCN back office tracking system that will track every penny of compensation.
  • #3: Every single time a TCN sale is made it pays up to 41 compensation transactions.
  • #4: TCN Compensation makes it possible to earn thousands of dollars without a single penny invested.

TEXT CASH NETWORK aka TCN has not even started YET!

  • NOTE #1: TCN HAS NOT OPEN FOR MEMBER BUSINESS YET!
  • NOTE #2: TCN HAS NOT OPEN FOR ADVERTISING YET!
  • NOTE #3: TCN HAS ONLY BEGUN TO LAY THE FOUNDATION!

NOTE: TCN is all about MEMBERS – Even though each Agent is also a member. Our goal has always been 20 million members and we estimated it would take 1 million agents to reach 20 million members.

FEBRUARY IS A BIG BIG BIG MONTH FOR Text Cash Network

  • TCN Free Member Site Launches in February!
    Members are not required to place ads. Members are required to just enjoy the discounts.
  • TCN will Merge with 150 Million SMS/E-Mail Optin Company!
    This will give us more current USA optins then Groupon. This gives us the ability to instantly advertise for any company in any major city in the USA.
  • TCN will introduce Membership Acquisition Rewards!
    TCN will give away THOUSANDS OF DOLLARS to agents and members during the month of February.

Click here to join the Growing Network of Free Agents…

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Text Cash Network, #1 Fastest Growing FREE Opportunity on the planet.

[Text Cash Network News] TCN Day 79 with 288,503 agents around the world & Growing!

How does something so simple produce so much? 2012 is upon us! Set your Goals and Dream Big!

Text Cash Network (TCN)  is as simple as it gets.  How can a FREE Model create so much money? Who is paying? Where is the money coming from?

It all comes down to one word. ADVERTISING!!!

Even in the 30′s to the 60′s it was in the mega millions. From Radio, TV, Internet, Social Media to Cell Phones. The market just keeps getting bigger and bigger.  It has grown from millions to almost a trillion dollars.

TCN will capture a small %, just a few of the billions. TCN will funnel 2/3rds of the billions to it’s agents.

TCN’s one product is to GET THE WORD OUT. Get the word out to TCN Free Members/Agents.
We are building a super pipeline of consumers. Merchants will pay billions to access the pipeline.

  • TCN’s #1 Asset is our Agents/Members
  • TCN’s #1 Source of Revenue is Advertising TCN’s #1 Customers are Traditional Businesses.

TCN Future Expectations Timelines:

  • 01/20/2012: First VIP Payday with Power-Direct, Power-Grid Plus, Power-Grid Plus Match Compensation paid on 100% of all VIP Advertising Packages Sold as of 1/18/2012 at 6pm.
  • 01/20/2012:  i-Pay Out system available for compensation withdrawals worldwide. Their motto is “Any Currency… Any Where… Anytime…”
  • 01/20/2012:  Power-Matrix Grid to display in your back office. If you already upgraded you will have already be placed in the Power-Matrix.  With 280,000 agents in the system when they start to upgrade you should see spillover. It is like trying to fit a lake into a 55 gallon drum. Hopefully you get the visual. We believe as TCN begins to mature there will be a very high % of agents who will wish to UPGRADE.
  • 01/26/2012 This will be the last day for the referrer of anyone who has already upgraded to upgrade or they would not be qualified to receive a Power-Matrix Referral Bonus on the VIP Agent who already upgraded.

Join the Free Agent Network Now…

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Intuit GoPayment Goes International With Canada Launch

Mobile Payment[TechCrunch News] Intuit is announcing major news this evening around its mobile credit card swiping device and Square-competitor GoPayment reader.
Intuit is one of the first major U.S. mobile payments readers to go international, with a launch in Canada.

Launched two years ago, GoPayment offers a complimentary app and credit card reader to allow small businesses to conduct charges via their smartphones. Intuit is debuting a newly, redesigned sleek version of its reader.

GoPayment is available for iOS, Android and Blackberry phones and similar to Square’s device, the card reader simply plugs into the audio jack of a phone or tablet. The credit card data is also encrypted, and never stored on the phone.

Read more…

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Netflix Challenging Amazon in UK with £5.99 video streaming service.

Netflix has made its debut in the UK and Ireland in early 2012, just like they promised, having worked out video content licensing deals with the likes of BBC Worldwide and MGM.

Users in the UK and Ireland can now subscribe to Netflix to watch available content on their connected TVs, computers, tablets, game consoles and mobile devices. In the UK, Netflix will be bumping heads with Amazon-owned LOVEFiLM, the well-established movie and TV series streaming service.

Already, the competition is heating up. Netflix has priced its service at £5.99 or €6.99 (after a free trial month), prompting LOVEFiLM to undercut the price with a £4.99 streaming offer.

Notably, Netflix founder and CEO Reed Hastings in October 2011 warned investors that it might take two years before its UK and Ireland operations turn a profit.

Read more…

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TCN, The #1 Free Model Opportunity on the Planet looking for Satellite Partners.

Text Cash Nework (TCN) will soon have Corporate Satellite Partners in each country where there are 5,000 or more agents. Men/Women who are very trusted and people of means in their country. If you know of such person(s) who may be interested have them send a request to:  satellitepartner@textcashnetwork.com

Immediate TCN Corporate Satellite Partners needed in Bangladesh, Brazil, Canada, India, Kenya, Philippines and Russia.

Upcoming TCN Corporate Satellite Partners needed in China, Colombia, Cote d’Ivoire, France, Ghana, Indonesia, Italy, Jamaica, Japan, Malaysia, Mexico, Mongolia, Morocco, Nigeria, Pakistan, Portugal, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Thailand, Uganda, Ukraine, United Arab Emirates, United Kingdom and Vietnam.

Visit TCN corporate site for Free sign-up…

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Mobile Ad Spending in U.S is expected to hit the $1 Billion Milestone by the end of 2011.

According to eMarketer’s forecast, mobile ad spending in U.S is expected to hit the $1 billion milestone by the end of 2011.

Mobile advertising is greatly catalyzed by Apple’s iAd and Google’s AdMob network.

But mobile display advertisement isn’t the biggest chunk of the mobile advertising pie. Instead, traditional text messaging is the number one method to reach mobile users. Its simplicity and low investment cost are factors to explain its popularity…

Comment: [This is where Text Cash Network Comes in with it's Text to Save Platform for his Agents/Members]

With faster data network, mobile video ad spending is expected to rise too.

mobile ad spending

mobile ad spending2

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Text Cash Network: How can a FREE Model Create so much Money?

Text Cash Network is as simple as it gets.  How can a FREE Model create so much money? Who is paying? Where is the money coming from? It all comes down to one word. ADVERTISING!!!

Even in the 30′s to the 60′s it was in the mega millions. From Radio, TV, Internet, Social Media to Cell Phones. The market just keeps getting bigger and bigger. It has grown from millions to almost a trillion dollars. TCN will capture a small % just a few of the billions.
TCN will funnel 2/3rds of the billions to it’s agents
.

TCN’s one product is to GET THE WORD OUT. Get the word out to TCN Free Members/Agents. We are building a super pipeline of consumers.  Merchants will pay billions to access the pipeline.  Are you ready for this?

TCN’s #1 Asset is our Agents/Members
TCN’s #1 Source of Revenue is Advertising
TCN’s #1 Customers are Traditional Businesses

Free Referral Agents can earn 3 of the 12 incomes:
#1 Power Grid
#2 Power Line
#3 Power Direct

VIP Referral Agents can earn 12 of the 12 incomes:
#1 Power Grid
#2 Power Line
#3 Power Direct
#4 Power Share
#5 Power Matrix
#6 Power Grid Plus
#7 Power Grid Match
#8 Power Line Match
#9 Power Share Match
#10 Power Matrix Match
#11 Power Grid Plus Match
#12 Power Rewards

To learn more about Text Cash Network…

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P&G’s $1 Billion Problem: Is Its Advertisement Budget Too Big?

[CBS NEWS]  Procter & Gamble (PG) upped its advertising spend by $1 billion — one billion dollars — last year, an increase so vast that it reduced the company’s profits and sent its stock tumbling 3.4%.

The company now has the task of convincing investors that it knows what’s it’s doing with its galaxy-sized marketing budget. Adspend increased more than $1 billion to $8.6 billion, or 10.9 % of net sales, the company reported [...]

P&G could tap into Text Cash Network (TCN)  Power Consumer Agent/Member to reduce its Ad Budget by offering premium savings to TCN Agent/Members.

[...]Of course, P&G is famously the master of marketing. Only idiots bet against P&G. But giants sometimes stumble, so it’s worth asking whether, in an age when you can reach ever-larger audiences on the web and on mobile devices for ever-smaller sums of money, P&G is spending too much for the sales gains it forecasts in the coming year (2-4 % in total).

Read more…

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TCN Reach Incredible Benchmark of 200 000 Referral Agents & Extend the 1st Commissions Period

[TCN News] Congratulations From TCN Team Revolution

Total Referral Agents To Date: 200,628
Total Referral Agents Last 7 Days: 23,444
Total Referral Agents Today: 2,447

Good evening TCN Referral Agents and congratulations to all our VIP Referral Agents. We have been watching this board and we must say many of you are doing a great job with what you already know. There is a wealth of information on the current website and the e-mail communications. For a company that is not officially open to do business until 01/16/2012 we have a great jump start reaching an incredible benchmark of 200 000 Referral Agents to date.

We already plan to extend the 1st Commissions period until 12/29/2011 because of thousands who wanted to upgrade using a system outside of a credit card. It just would not be fair to them to run the current commissions without them involved. We plan on offering many other means of ordering your VIP Package including Western Union Quick Pay.

It is very important especially in my department as Director of Communications, that you truly understand what you have in your hands. Remember to read the FAQ’s on the TCN website. The new $5000 Power-Bonus Matrix with 100% Power-Bonus Match will give many more Referral Agents a reason to VIP UPGRADE.

To know more about Text Cash Network Free Agent, Visit Our Website and Sign-up For Free.

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TCN…More than 190 000 Referral Agents in 200 Countries in Less than 50 Days

Text Cash Network (TCN) a new company is entering the Coupons Market via SMS. Following the steps of Groupon & Living Social and planning to dominate The TEXT TO SAVE MARKET PLACE. 

The Johnson Group behind TCN are very smart and know how to take TCN to a Multi-BILLION DOLLAR Success and make it profitable for both the company and the referral agents. The Jet Age & Internet has made the world a Neighborhood. TCN may be the one to make the world a Brotherhood. TCN with 193,784 Referral Agents and growing.

TCN is one of the first in the industry to go after The TEXT TO SAVE MARKET PLACE estimated to be The NEXT BIG Format in USA Business Advertising. Referral Agents motivated by the TCN Compensation will generate millions in commissions via a 10 level Referral Plan with a 100% Matching Bonus.

Referral Agents will derive income from text messages received from their network, business and personal ads placed by advertisers and by corporate accounts received by TCN in House Sales Representatives.

Living Social when they reached 16 million members raised $175 million dollars from Amazon and has since grown to 46 Million Members. Groupon with 44 million turned down $6 billion dollars from Google and has since grown to over 80 Million Members. The industry is estimated at $133 billion dollars that local business spend each year on advertising just in The USA.

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PayPal Mobile Payment Volume Up to 500 % On Thanksgiving Day.

[TechCrunch News] As we heard earlier today, Thanksgiving proved to be a lucrative day for online retailers. IBM reported online Thanksgiving 2011 sales were up 39 % over Thanksgiving 2010, with mobile shopping on the rise.

eBay and PayPal are seeing similar trends. PayPal Mobile just announced a 511 %increase in global mobile payment volume when compared to Thanksgiving 2010.


christmas_468x60_en
On Thanksgiving in the U.S., consumers shopped on mobile via PayPal most frequently between 6:00 p.m. and 7:00 p.m. PST. Around the world, consumers shopped on mobile most frequently between 1:00 p.m. and 2:00 p.m. PST.

There was a more than three-fold (350 % ) increase in the number of global customers shopping through PayPal mobile on Thanksgiving 2011 compared to last year. These shoppers were mainly located in New York, Houston, Los Angeles, Miami and Chicago.

eBay says that the amount shoppers in the U.S. that bought and spent via eBay Mobile more than doubled this Thanksgiving over last year. GSI Commerce saw a more than three-fold (345 %) increase in U.S. mobile sales this Thanksgiving compared to 2010. And Searches through the local product listings platform Milo increased 557 % over Thanksgiving Day 2010.

Read more…

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Amazon Kindle Fire adds a robust ability to store and stream music, TV shows and movies

[WSJ Technology] It’s often said that there isn’t really a tablet market, just an Apple iPad market with a bunch of other contenders fighting over the remnants. But, starting this week, that is likely to change, because Amazon is adding a multifunction color tablet to its popular Kindle line that costs less than half as much as an iPad 2.

This new $199 device is called the Kindle Fire, and after testing it for a week, I think it’s a good—though not a great—product and a very good value. It doesn’t just add color to the Kindle, it adds a robust ability to store and stream music, TV shows and movies—and a weaker ability to store and display color photos. And it offers about 8,500 apps at launch, including Netflix, Angry Birds and QuickOffice.

Read more…

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DubLi Announces Keynote Speakers at his International Event in Vienna, Austria, Oct. 22-23, 2011

[DubLi Network News] Please join us for a once-in-a-lifetime opportunity to be part of history, a revolution and a New DubLi eRA! We have gathered more than 22 leading keynote speakers from IT, e-commerce and Network Marketing industries. The following are the short resumes of a few of our keynote speakers:

  • Daniel Cervantes, Microsoft,
  • Ruben Bravo, Digital Marketing Consultant at WSI,
  • Tom “Big Al” Schreiter, Network Marketing Legendary,
  • Martin Ferguson, Network Development Manager, LinkShare UK,
  • Jay Engelmayer, Executive Vice President, Marketing & Business Development, GlassesUSA,
  • Teresa Tao, Director of Online Advertising, Shoebuy, Bagsbuy, Outletbuy, Clothesbuy,
  • And more…

Join us in this New eRa…

Read more »

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[New Research] Mobile App Downloads To Reach 98 Billion By 2015

[TechCrunch News Technology] According to new research from Berg Insight, the number of mobile application downloads will reach 98 billion by 2015. The number will grow at a compound annual growth rate (CAGR) of 56.6% between 2010 and 2015, the analyst firm reports.

App store revenue will also grow, to reach € 8.8 billion in 2015, or $11.8 billion in U.S. dollars.

Last year, revenues from paid apps, in-app purchases and subscription services reached € 1.6 billion, or $2.15 billion U.S.

This direct app store revenue will grow 40.7% from 2010 to 2015 before reaching $11.8 billion U.S.

Not surprisingly, Apple’s iOS was found to be the leader in direct monetization of mobile applications, and Berg predicts that will continue to be the case through 2015.

It also predicts that Android will be #2 and Windows Phone will be #3 in terms of direct monetization.

Read More…

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Here is Apple in Numbers…Understanding Why More Tech Company Want a piece

[All Thing Digital] As Apple events go, today’s was as heavy on metrics as any in recent memory, with newly installed CEO Tim Cook kicking off his presentation with a victory lap full of commas and zeros.

Some key numbers:

  • Apple currently has 357 retail stores in 11 countries.
  • The iPod, which launched 10 years ago, is still the number one music player in the world.
  • Apple has sold more than 300 million iPods to date. It took Sony 30 years to sell 220,000 Walkman cassette players.
  • The company sold 45 million iPods last year alone, and almost half of purchasers bought for the first time.
  • iTunes is the number one music store in the world (Expect more competition…)
  • There are now 20 million songs in iTunes; over 16 billion songs have been downloaded from it to date.
  • The iPhone is the number one smartphone in the world.
  • 93 percent of the Fortune 500 companies are deploying or testing the iPhone.
  • The iPhone is number one in customer satisfaction.
  • J.D. Power has ranked it as the number one smartphone six times in a row.
  • More than 80 percent of hospitals in the U.S. are testing iPads.
  • 92 percent of the Fortune 500 are testing or deploying the iPad.
  • The iPad is the number one tablet in the world.

Read more »

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Rhapsody Team Up with Napster to build market share and stay ahead of newer rivals like Spotify, Rdio and MOG

[Reuters News technology] Two of the longest-running names in digital music, Rhapsody and Napster, are combining in a bid to grow market share and stay ahead of newer rivals like Spotify, Rdio and MOG.

Rhapsody, which is the largest U.S. digital music service with 800,000 subscribers, said Monday it would take over Napster, which is currently owned by retailer Best Buy Co Inc. Best Buy would receive a minority stake in Rhapsody on closing of the transaction, which is expected around November 30. The deal is stock based, but specific terms were not disclosed.

MyBlog@Webpasco comment: MyDubLi Music has to go a run way to keep with the competition.

Even as music sales have dropped significantly over the last decade — with fans buying fewer CDs and piracy taking hold – many start-ups and investors have been willing to place a bet on being the music retail or distribution outlet of choice for the 21st Century (among the start-up: MyDubLi Music) . But to date, digital music sales has been dominated by Apple Inc’s iTunes Music Store.

Napster’s name is synonymous with the original “bete noire” of the music industry — an illegal free music-sharing application founded by college dropout Shawn Fanning in the late 1990s.

Roxio Inc bought the Napster name in 2002 after the original Napster was shuttered by major music labels’ lawsuits. It was later sold to Best Buy for $121 million in 2008, and is estimated to have less than 400,000 subscribers. Rhapsody described Napster as the second-largest U.S. digital music service but did not reveal how many subscribers Napster has.

Read complete coverage…

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DubLi Reaches 50,000 Xpress Gift Card Reverse Auctions Sold

DubLi Network

[PressRelease] BOCA RATON, Fla., Oct. 3, 2011 /PRNewswire/ — MediaNet Group Technologies, Inc. (OTCQB: MEDG), a global shopping and entertainment community, today announced that it has sold 50,000 of its DubLi Xpress Gift Card Reverse Auctions since the launch on May 11, 2011.

Michael Hansen, President and Chief Executive Officer stated,

“Reaching 50,000 Xpress Gift Cards sold is an exciting milestone, one that demonstrates the validity of the concept.  We will continue to review, evaluate and enhance our reverse auctions, both Xpress and Unique. The Gift Card concept is illustrative of our plans and goals for the future of the Company, to create new and dynamic shopping opportunities that put our global customers on equal footing wherever in the world they reside.”

Consumers around the world bid on six different Gift Card categories, concurrently.  Each time a consumer bids on a Gift Card, the current price of that Gift Card is revealed and its price, simultaneously, is lowered by 0.20 (USD, AUD or Euro.) Successful bidders may purchase the Gift Card for the displayed price and then use the proceeds to purchase goods and services from virtually anywhere they choose including the DubLi Shopping Malls.  Consumers who wish to participate in the new Xpress Gift Card auctions must first register for the DubLi VIP Member package, a complete access pass to everything DubLi.

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Dansette