It’s Official
MediaNet – BSP and DubLi are all one!
10/20/09… MEDG completes Merger Agreement
Our parent company; MediaNet Group Technologies (MEDG) completed the merger with CG Holdings, LTD, the parent of the DubLi Companies.
How does this reflect on our MediaNet/BSP Rewards business? Exciting positives all around!
For MEDG shareholders: DubLi adds financial strength, a state-of-the-art auction and trading platform and opportunity for the Company to expand world-wide. DubLi’s international expansion will add a new dimension to the DubLi/BSP combined programs around the world …and potentially bringing enhanced revenues and earnings to our Company – and ultimately building the value of our Company for our shareholders.
There are a multitude of synergies being explored that will establish DubLi Auctions and BSP Rewards Malls as truly unique, with competitors scrambling to try and play catch up.
The MediaNet combined DubLi/BSP offices are going to be headquartered in South Florida which will result is a smooth, day by day cohesive melding of operations.
We can see the rainbow and will be steadily moving toward that proverbial pot of gold that hopefully I believe will enrich all of our lives – socially, intellectually, technically and financially.
Today starts a new day…and I and the combined teams are excited!
Until next time…..
Wednesday, October 21, 2009
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