Dubli Unofficial

MEDG now on Pink Sheets

2011-02-17T12:08:00.008+01:00

Due to failure to comply with NASD rule 6530 (late filing to SEC three times in a row in the past 24 months), MediaNet Group Technology Inc's stock has been delisted from the OTCBB (Over The Counter Bulletin Board) quoting service as of Feb. 16, 2011.

At OTCBB they had ticker symbol MEDG.OB (or MEDGE.OB when they were in the "grace period" for delinquent/late filing to SEC).

MEDG stock is now being quoted on the "Pink Sheets" list under ticker MEDG.PK

The difference between being quoted on the OTCBB and Pink Sheets is explained here:
http://www.investopedia.com/ask/answers/201.asp

"What does it mean when a stock trades on the Pink Sheets or the OTCBB?"

"A stock that doesn't trade on a major exchange is said to trade over the counter (OTC). This means that the stock is dealt between individuals connected by telephone and computer networks."

"Companies will typically be listed on the OTCBB for one of two reasons:

(1) The company has been delisted from a major exchange. When a company is facing tough times and is unable to meet the requirements for continued listing on the Nasdaq or NYSE, it will be delisted."

"(2) The company may be listed on the OTCBB because it is unable to meet the initial listing requirements of the Nasdaq or NYSE. In such a case, a company may choose to test the waters of the OTCBB, using it as a stepping stone before leaping into the larger exchanges and markets."

"The Pink Sheets are different from the OTCBB. Companies on the Pink Sheets are not required to meet minimum requirements or file with the SEC."

-------------------------------------------------------

Will MEDG resume their filings to the SEC? We'll have to see. In their latest FORM NT 10K they stated that
"the Company anticipates restating its financial statements for each of the quarters for the year ended September 30, 2010 and for the fiscal year ended September 30, 2009. As a result of such anticipated restatements, among other potential changes the Company anticipates significant change in results of operations from the corresponding period for the last fiscal year".

If they do resume filing to the SEC they will have to timely (and accurately) file all necessary data for at least a year before they can apply for OTCBB quoting again. (see third paragraph of http://www.sec.gov/answers/eadded.htm).

All MEDG's filings to SEC up to date can be found here:
http://www.sec.gov/cgi-bin/browse-edgar?company=MediaNet+Group+Technologies&match=contains&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany

MEDG's Pink Sheet quotes can be found here:
http://finance.yahoo.com/q?s=MEDG.PK

MediaNet Group Technology Inc's own updates about this important news for MEDG investors and Dubli Business Associates should appear on their website (http://www.medianetgroup.com/), e.g. in the "Investor Relations" or "Latest News and Events" section.

In case you're an old-time investor in the original "Dubli-units" (Euro 1.00 in 2006, up to Euro 1.30 in 2007, up to US$ 2.50 a piece in 2009) you might also want to check the original Dubli-invest site:
http://www.dubli-invest.com/

.

MediaNet Group Technologies Inc. delisted from OTCBB as of 16 Feb 2011

2011-02-16T00:05:00.000+01:00

this just in:

http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=MEDGE&OTCBB=ALL

MEDG(E) runs risk of being delisted from OTCBB

2011-01-27T11:04:00.001+01:00

Apparently Dubli/Medg(e) runs the risk of being delisted from the OTCBB as of February 16th, if they don't file their financial (re)statements for 2009 and 2010 before that date...

See http://www.otcbb.com/DailyListContent/delistings/OTCBBDelOpenReport.pdf (pdf file)

quote:

List of OTCBB Filing Delinquent Companies as of Jan 26, 2011
Each trading day, FINRA publishes a list of companies that it believes are non-compliant with FINRA Rule 6530 (the “Eligibility Rule”). A company is generally added to this list on the date that the symbol is appended with an “E” modifier. This is generally two business days after notification is published on the OTCBB Daily List. A security is removed from this list one business day after FINRA determines that it is eligible for quotation, or the security is no longer quoted on the OTCBB.

Issuer Name
MediaNet Group Technologies, Inc.
Affected Issue(s): MEDGE

Reason Not Eligible
Delinquent (09/30/2010 10K)

Grace Period Expiration Date*
02/14/2011

*The Removal Date is generally two business days following the grace period expiration date.

--------------------------------

Official SEC rules regarding the added "E" to the ticker symbol:
http://www.sec.gov/answers/eadded.htm

--------------------------------

See also my previous post about Dubli/Medianet Group's latest SEC filings not looking particularly good...

.

Dubli's latest SEC filings

2011-01-27T09:52:00.008+01:00

Dubli/Medianet Group's latest SEC filings not looking particularly good...

# Form 8K/A:
Filing Date: December 21, 2010

excerpts:

Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review

On December 16, 2010, the Company’s Chief Financial Officer and Board of Directors concluded that the previously issued financial statements contained in the Company’s Quarterly Reports on Form 10-Q for each of the first three quarters of the year ended September 30, 2010, and the 2009 financial statements of CG Holdings Limited and its Wholly Owned Subsidiaries as of September 30, 2009 and for year then ended and the related pro forma financial statements also contained in the Company’s Form 8-K/A filed with the Securities and Exchange Commission (the “SEC”) on February 4, 2010 should not be relied upon because of errors that require a restatement of such financial statements.

During the course of our year end close for the year ended September 30, 2010, the Company’s new CFO and new controller discovered the following errors:

Intercompany Eliminations
We determined that in the course of preparing consolidated financial statements certain intercompany eliminations were not made during each of the first three quarters of the year ended September 30, 2010 and for the fiscal year ended September 30, 2009. As a result, our previously issued financial statements for the periods identified above overstated both revenues and costs of goods sold and operating expenses by between 7% and 19%.With respect to these errors , we have determined that during the periods referred to above, we had insufficient personnel resources to perform review and monitoring controls within the accounting function. Except for potential local tax effects in certain countries, the restatement is not expected to result in any modification to our net income or shareholders’ equity for any of the periods presented.

Cutoffs
We determined that certain revenue and expense transactions for the quarter ended March 31, 2010 were erroneously recorded in quarter ended December 31, 2009. In this connection, we determined that certain supervisory and monitoring controls had not been performed for these periods which resulted in these accounting errors.

Account Errors
We determined that sales, deferred revenue and commissions were incorrectly recorded during each of the first three quarters of the year ended September 30, 2010 and for the fiscal year ended September 30, 2009. In this connection, we determined that certain supervisory and monitoring controls had not been performed for these periods, which resulted in these accounting errors.

Enrollment fees
We determined that revenue from the sale of our eBiz kits was erroneously recorded for each of the first three quarters of the year ended September 30, 2010 and for the fiscal year ended September 30, 2009. As a result, our previously issued financial statements for the periods identified above overstated revenues. The Company's non-refundable eBiz kits fee revenue was previously recognized when collected. Based on a review of Staff Accounting Bulletin (“SAB”) 104, the Company is revising its revenue recognition of non-refundable eBiz kits to recognize them on a straight-line basis over the term of the 12 month renewal period. In this connection, we determined that periods referred to above, we had insufficient personnel resources and technical accounting expertise within the accounting function to resolve non-routine or complex accounting matters.

Deferred Tax Liability
Taking into consideration the restatement and related adjustments described above, we will reassess our income tax provision in accordance with Financial Accounting Standards Statement No. 109 and accordingly, certain adjustments may be required to reflect the changes required as a result of the restatement to all affected periods.

Proposed Report Amendments
The Company intends to file with the SEC, amended Quarterly Reports on Form 10-Q /A as of December 31, 2009, March 31, 2010 and June 30, 2010 and for each of the three months then ended and an amended Form 8-K/A containing the consolidating balance sheet as of September 30, 2009 and the consolidating income statement for the year then ended and the related pro forma financial statements also contained in the Company’s Form 8-K/A to reflect the changes required as a result of the restatement. Management is still in the process of understanding and quantifying the full impact of these restatements and cannot, at this time, accurately estimate and describe such impact.

-----------------------------------------------------------

# Form NT 10-K
Filing Date: December 30, 2010

excerpts:

NOTIFICATION OF LATE FILING

MediaNet Group Technologies, Inc. (the “Company”) has not been able to complete all of its review processes prior to the required filing date. In order to properly prepare a complete and accurate Form 10-K, the Company requires additional time in order to prepare and file its annual report on Form 10-K for the year ended September 30, 2010.

PART IV — OTHER INFORMATION
(2)
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed ? If answer is no, identify report(s).

Yes o No x

(3)
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof ?

Yes x No o

As previously stated on Form 8-K, filed on December 16, 2010, as amended by Form 8-K/A filed on December 21, 2010, the Company anticipates restating its financial statements for each of the quarters for the year ended September 30, 2010 and for the fiscal year ended September 30, 2009.
As a result of such anticipated restatements, among other potential changes the Company anticipates significant change in results of operations from the corresponding period for the last fiscal year.

----------------------------------------------------

All SEC filings of MEDIANET GROUP TECHNOLOGIES INC available at:
www.sec.gov ==> MediaNet Group Technologies
.

Update: long-number names: no bots, but BA's

2010-02-22T13:47:00.000+01:00

Update: my earlier assertions about the possibility of Dubli using 'bots as bidders' in my Dec. 2009 blog entries:
http://dubli-unofficial.blogspot.com/2009/12/dublis-weird-long-number-user-names.html
and
http://dubli-unofficial.blogspot.com/2009/12/is-dubli-using-bots-as-bidders.html

has been proven to be untrue.

I have found out that these long numbers are automatically assigned to newly signed-up Dubli Business Associates as their Dubli 'customer name'. BA's can then choose to either change their 'long-number customer name' into a name to their likings, or keep this number as their customer name.

So: any time you see such long numbers appear in the completed auctions results as the "successful winner" you'll know these are BA's.

Persons registering as 'ordinary' customers on Dubli won't be assigned a number as their customer name, but can/must in stead right away choose a user name to their likings.

.

Two disillusioned Dubli BA's throwing in their towels

2010-02-04T09:17:00.000+01:00

Two disillusioned Dubli BA's throwing in their towels:

http://thespinfactor.com/thetruth/2008/09/25/dubli-another-complex-scam/#comment-123156
(huge mega-thread, may take a while to download completely)

and

http://ugottadothis.com/2010/02/how-to-get-great-deals-on-dubli/

some quotes:

- thespinfactor post - Jan. 22, 2010 -

Announcement:
DubLi did not answer my customer service inquiry about that and several other things. Not only that, they have caused many people to experience the same. They have dropped the ball as a company in several areas, that being one of them.
{...}
My opinion has dramatically changed about DubLi.
[... ]
Dubli is not the “Novel New Thing” as we are told on the webinars.
{...}
There are too many people making fools out of themselves, and making ridiculous claims that can be easily refuted.
There is no money being made on back end that I can see.
Only on front end sign-ups.
{...}
As far as Dubli goes, They have proven themselves to be completely untrustworthy, problematic, and unethical.

--------------

- ugottadothis.com - Feb 4, 2010 -

Soon, I will be writing a post about why I intend to quit Dubli.
{...}
They are often slow to ship, the credit card transaction must originate in a foreign country because I am always charged a small FX fee, the tracking of shipments is non-existent, and the customer service regarding orders is less than steller.
{...}
Here’s what is actually happening: Dubli Business Associates who still have a lot of credits and who do not plan to renew their licenses are clicking prices down to unbelieveable levels so that they can get SOME value out of their dubli investment.
{...}
If a former business associate goes in late at night and starts clicking on a $200 giftcard and gets it for $0.00, those credits that she used were worth $200. If she does nothing with them, they are worth $0.00.
{...}
The thing is that, unlike in Xpress, a lot of business associates trying for the same item in Unique Bid actually DECREASES the chance of a normal customer getting a good price.
{...}
As for this site, I will begin posting information about other opportunities and other ventures.
{...}
Stay tuned for my post about my experience as a dubli business associate and why I am quitting.

--------------
.

2005 Chinese TV news report - Dubli China launch

2010-01-13T20:40:00.020+01:00

Purged from official company history:
2005 - Dubli launches in China

Or, watch it at:
http://www.youtube.com/watch?v=4pwDAJERCgs (opens in new window)

Also reported at
http://www.prestin-international.com/index.jsp?ACTION=GONEWS&NEWS1=36
and on an archived webpage from dublinetwork:
http://web.archive.org/web/20060814024613/http://www.dublinetwork.com/
(bottom left shows "Dubli opens in China" link)
(link is dead, as can be expected with purged history)

And some photos (click for bigger view):

Is Dubli using BOTS as bidders?

2009-12-10T17:09:00.013+01:00

Update Feb. 22, 2010:

long-number names: no bots, but BA's :

Dubli's weird long-number user names

2009-12-09T14:31:00.010+01:00

Update Feb. 22, 2010:

long-number names: no bots, but BA's :

http://dubli-unofficial.blogspot.com/2010/02/update-long-number-names-no-bots-but.html

-------------------------------------------------------------

Dubli's weird long-number user names

Have a look at the user names of these "Successful Bidders" at Dubli-EU.

Why would any 'regular' person choose such a long difficult-to-remember user name?

Are these real "customers", with possibly some very special numerical mental 'twitch'...?

... or ... are these something else?

Dubli's crazy fun

2009-12-03T09:12:00.023+01:00

Dubli's crazy fun
Another great day for massive savings on Dubli:

Here's the result of Dubli's second "Daily Christmas Auction Surprise" that ended December 2nd, 2009:
Saved: a whopping - 3%

"Value: $72.00"
"Sold for: $73.50"

Dubli's Daily Christmas Auction Surprises:
-------------------------------------------
http://us.dubli.com/xmas

Daily Christmas Auction Surprises
1. NEW Daily Christmas Auction Surprises

Starting on December 1st and ending December 25th , 2009, DubLi will be holding its first ever “Daily Christmas Auction Surprises”.” As always, we will be carrying a large assortment of the latest in-demand, hot selling items available in time for the your Christmas shopping; however we’ve added a fun twist, which is guaranteed to grab your attention.

The Daily Christmas Auction Surprises will take place each day from December 1st through December 25th. Here’s what makes it so special; you would normally be able to view any item that you want to bid on. But not this time! Remember no peeking at Christmas time? We will only reveal the actual market value. Isn’t that crazy fun? It’s just like receiving a Christmas present that still has the wrapping on it.
[...]
-------------------------------------------

( here's a screenshot of the whole page, of how it looks like on Dec 3rd, 2009)

And the shipping costs are only “2 points” =
$5.95 for the US
$43.73 for Australia/New Zealand
$67.95 for Mexico

Yep, auction-winner "Peter Riggio" must be having some serious crazy fun with his savings of - 3% ...
(and let's hope he doesn't live in AU/NZ/Mex ... or he might go totally berserk when he sees the shipping costs)

-------------
By the way, here's even more crazy fun:
another happy customer that saved -15% on an Xpress Auction

----------------------------------------------------
http://us.dubli.com/Lowboy-A-Novel__5e_6629
----------------------------------------------------

----------------------------------------------------

Now that’s some real money saving again!

And again the shipping costs are only “2 points” =
$5.95 for the US
$43.73 for Australia/New Zealand
$67.95 for Mexico

Dubli's unlikely "100% saved" Xpress auctions

2009-11-30T16:44:00.022+01:00

Dubli's completed auctions - the past 495 days

2009-11-28T11:33:00.024+01:00

Dubli's completed auctions - the past 495 days

Completed auctions as per 28 November 2009 - rough (but not too rough) numbers:
(see reference links below, check & do the math yourself)

US Xpress: ± 5000
US Unique Bid: ± 800

EU Xpress: ± 900
EU Unique Bid: ± 1100

Total US completed auctions = 5800
Total EU completed auctions = 2000
Total Dubli Worldwide completed auctions = 7800

==> this means: at most 7800 users globally have actually won an auction (but as we can see - in the links below - there are many identical usernames mentioned as winners over and over again, so the true number of real auction-winning/buying users is less than 7800)

EU auctions started on 10 July 2008 = ± 16.5 months ago = ± 495 days
==> total EU auctions: 2000 ==> 2000/495 = 4.04 auctions per day - for Europe - on average

US auctions started on 4 October 2008 = ± 13.5 months ago = ± 405 days
==> total US auctions: 5800 ==> 5800/405 = 14.32 auctions per day - for North America - on average

Dubli EU + Dubli US combined = total of 7800 completed auctions in 495 days
==> 7800/495 = 15.76 auctions per day - globally - on average

----------------------------------
References:
US Xpress: ± 5000
see all completed US Xpress auctions here:
http://us.dubli.com/index.php?cid=xpress.ended&items_per_page=100&page=50
50 pages of 100 items = 5000 items at most (as per 28 November 2009)

US Unique Bid: ± 800
see all completed US Unique Bid auctions here:
http://us.dubli.com/index.php?cid=unique-bid.ended&items_per_page=100&page=8
8 pages of 100 items = 800 items at most (as per 28 November 2009)

EU Xpress: ± 900
see all completed EU Xpress auctions here:
http://eu.dubli.com/index.php?cid=xpress.ended&items_per_page=100&page=9
9 pages of 100 items = 900 items at most (as per 28 November 2009)

EU Unique Bid: ± 1100
see all completed EU Unique Bid auctions here:
http://eu.dubli.com/index.php?cid=unique-bid.ended&items_per_page=100&page=11
11 pages of 100 items = 1100 items at most (as per 28 November 2009)

Note 1:
I've been generous in my calculations:
There's actually more days than the 495 and 405 I have used, and on page 50 of the completed-US-Xpress-auctions there's way less than 100 auctions.
So: the total number of completed auctions is actually less than the 7800 I used, the total number of days since the beginning of the auctions is actually more than the 495 and 405 I used
==> this means that the number of completed auctions per day is actually less than my stated results.

Note 2a:
Dubli's "unique visitors":
Dubli’s “unique visitors” number per month for the past 12 months of Oct 2008 - Oct 2009 can be found as follows:

Register for free at siteanalytics.compete.com, and find that Dubli.com’s highest “unique visitor” number was 74,381 in the month of December 2008 (just after the US launch).
Since then it has been slowly getting less and less till just under 47,000 in October 2009 (but with a short-lived spike up to 72,482 during the launch of the Dubli-us webmall.

see this (bigger) jpg screenshot: http://i48.tinypic.com/2cxiyw9.jpg:

And as you can see the Unique visitors number for the dublinetwork.com site (for the "Business Associates") has been fairly constant and hovering around 10,000.

No sight anywhere of “millions” of customers/users, nor of “tens of thousands” B.A.’s (as I’ve read some BA’s claims for Germany alone already)

Note 2b:
Unique visitors Dubli-US vs. Dubli-EU and a popular Dubli-Partner site vs. a popular Dubli-BA site:
Here’s a split-up of the Dubli-US and Dubli-EU numbers:
http://i50.tinypic.com/5tz1xv.jpg:

It shows Dubli-EU is pretty much dead and has been for quite a while.

And here are the numbers for possibly the most well-known & popular Dubli-Partner site, that of Jordin Sparks: jordinsparkscharities.com; just out of curiousity compared to the figures for dublieagles.com which is the main site for “America’s leading team of DubLi Business Associates”:
http://i47.tinypic.com/2w5ngo1.jpg:

We see some spikes up to 2,000 but mostly the numbers are below 1,000 Unique visitors per month.

Again, not very impressive at all.

Dubli, what’s happening?
Where’s the "Dubli Tsunami"?

Borrow from your parents or grandparents???

2009-11-14T16:08:00.032+01:00

Mmmm, I keep finding strange (or even worrying) things on Dubli....

Just came across this:

FAQ Dublinetwork
http://www.dubliauktion.com/faq/faq-network.php

At the bottom of the page it says:
-------------------------------
Ich habe kein Geld für den Einstieg ins Network Marketing
Glauben Sie an diese Ausrede selbst? Dann beschaffen Sie sich das Geld! Leihen Sie es sich von Ihren Eltern oder Großeltern. Wie sieht es mit dem "Rauchen" aus? Verzichten Sie auf ein paar Bierkästen. Angenommen jemand bietet Ihnen Ihr Traumhaus für 500,00 Euro zum Kauf an. Würden Sie das Geld auftreiben?
Es ist Ihre Zukunft, sie liegt in Ihren Händen - nur zupacken, dass müssen Sie selbst - Sie haben das Geld !
-------------------------------

Translated, it's:
-------------------------------
I have no money to get into Network Marketing
Do you believe that excuse yourself? Then get the money! Borrow it from your parents or grandparents. How about smoking? Give up a couple of beer crates. Suppose someone offers you your dream home for 500,00 euros. Would you get the money?
It's your future, it is in your hands - you only need to grab it yourself - You have the money!
-------------------------------

... mmm... If you don't have the money to get into the Dubli Network just borrow it from your parents or grandparents? Who exactly would give such ridiculous advice? Is it just an independent Business Associate?

Let's try to find out.... when clicking on the "STARTSEITE" button (upper left),  this dubliauktion.com site will revert to "preisklopper.de" (price-beater) , displaying what looks like a customized site for a Dubli BA/Partner. At the bottom it says: "Marketing solution byDubLi ®"

("startseite" is german for "start-site" or "home")

However, "preisklopper.de" is actually the current online representative for the "Dubli Futura GmbH" company, that was presented in a Nov 2006 Dubli Network Newsletter. This newsletter is hard to find nowadays, but luckily is still present at the website of a Danish Dubli 'Certified Partner' at dublitrading.com:

http://www.dublitrading.com/dubli_newsletter_latest_all.htm:
Newsletter November 2006
DubLi is open for business!
...
The co-operation with M&M Distribution and the advanced shop system is another important component in DubLi's foundation. Together they have founded the DubLi Futura Company, in which DubLi has the controlling interest.
...
------------------------------------------------

We can find a little more about "Dubli Futura" on a German "company information" site:

http://www.firmendb.de/firmen/235249.php:
DubLi Futura GmbH
Adresse:
Fanny-Zobel-Strasse 11
12435 Berlin
DEUTSCHLAND

Homepage:
www.preisklopper.de
-------------------------------

Here we see the clear relationship between Dubli-Futura and the "preisklopper.de" site.

Btw, this Dubli-Futura seems to have the same address as the 'old'(?) Dubli GmbH., like it is stated at e.g:
http://www.dublinorthwest.com/dublinetwork:
DubLi.com GmbH
Fanny-Zobel-Straße 11
12435 Berlin, Germany
-------------------------------

Also, the Dubli-Futura.com webdomain is owned by one of Dubli's companies:

http://www.networksolutions.com/whois-search/dubli-futura.com:
[REGISTRANT]
   Organisation Name: Lenox Resources LLC
   Contact Name: Andreas Kusche
   Address Line 1: Trolley Square, Suite 20 c
      City / Town: Wilmington
       Zip / Postcode: DE 19806
   Country: US
-------------------------------

Why does that adress look familiar...?
Ah, here's why:

http://www.dublinetwork.com/1-15/
DubLi Logistics LLC (Logistics North America)
Trolley Square, Suite 20 c
Wilmington, DE 19806
USA
-------------------------------

btw. this dublinetwork.com page also mentions a Lenox company, but this one seems to have moved to Germany again:
Lenox Logistik & Service GmbH (Logistics Europe)
Fanny - Zobel - Straße 5
12435 Berlin
Germany
-------------------------------

All in all it's a somewhat convoluted search, but it seems we can conclude:
dubliauktion.com = preisklopper.de = dubli-futura GmbH = Lenox Resources LLC/Lenox Logistics GmbH = owned by Dubli...

Okay, and now let's look again what Dubli's advice seems to be for people who in reality don't have the money to participate in Dubli's "business opportunity", but from whom Dubli apparently would love to extract some nice $$$ anyway?

http://www.dubliauktion.com/faq/faq-network.php:
I have no money to get into Network Marketing
Do you believe that excuse yourself?
Then get the money!
Borrow it from your parents or grandparents.
-------------------------------

Right.... not only does this advice suck, it also seems to be addressed to very young people...

Way to go Dubli, you have outdone yourself on this one.
.

Will this post cost me US$ 100,000?

2009-11-12T17:20:00.015+01:00

Wow, have a look at http://www.dublibusinessinfo.com.

This Dubli Business Associate has a funny idea of "fun shopping" and doing a bit of "money-saving" through Dubli:
according to his Terms of Use it will cost me at least US$ 100,000.000 for mentioning and linking-to his Dubli Business Info website:

----------------------------------------

HYPERLINKING TO SITE, CO-BRANDING, "FRAMING" AND REFERENCING SITE PROHIBITED
Unless expressly authorized by website, no one may hyperlink this site, or portions thereof, (including, but not limited to, logotypes, trademarks, branding or copyrighted material) to theirs for any reason. Further, you are not allowed to reference the url (website address) of this website in any commercial or non-commercial media without express permission, nor are you allowed to 'frame' the site. You specifically agree to cooperate with the Website to remove or de-activate any such activities and be liable for all damages. You hereby agree to liquidated damages of US$100,000.00 plus costs and actual damages for violating this provision.

----------------------------------------

For the record, my dear friendly Dubli Business Associate: I do not agree with these phony restrictive "Terms of Use". You put your Dubli-website on the public www for the whole world to see and to lure in paying customers/BA's for your financial benefit. If you're feeling unhappy to be in ''public view'', just go offline and be happy again.

Furthermore it seems we can not even trust all the links leading to official Dubli sites and downloadable official Dubli propaganda. Visiting the official Dubli sites through the links provided on dublibusinessinfo.com could give our computers viruses and worms???

----------------------------------------

DISCLAIMER FOR HARM CAUSED TO YOUR COMPUTER OR SOFTWARE FROM INTERACTING WITH THIS WEBSITE OR ITS CONTENTS. VISITOR ASSUMES ALL RISK OF VIRUSES, WORMS, OR OTHER CORRUPTING FACTORS.
The website assumes no responsibility for damage to computers or software of the visitor or any person the visitor subsequently communicates with from corrupting code or data that is inadvertently passed to the visitor's computer. Again, visitor views and interacts with this site, or banners or pop-ups or advertising displayed thereon, at his own risk.

DISCLAIMER FOR HARM CAUSED BY DOWNLOADS
Visitor downloads information from this site at this own risk. Website makes no warranty that downloads are free of corrupting computer codes, including, but not limited to, viruses and worms.

----------------------------------------

Dear Dubli Business Associate, do you really want me to pay you now at least a hundred grand because I mentioned your Dubli-Business-Info site?

Is this Dubli's idea of "FUN shopping", "saving vast amounts of money" or profiting from some "amazing business opportunities?

Do you really think your Terms of Use and Disclaimers give the world a good and trustworthy impression of yourself, as a Dubli representative, or more importantly, of Dubli as THE "business opportunity" for the 21st century?

In case you (or Dubli) have any problems with this blog-post: my legal team is waiting to hear from you.
.

Dubli's exaggeration - 2.3 mil vs 100k

2009-11-12T12:00:00.024+01:00

I have found an informative page, probably dating back to the 2nd half of 2007,
from an enthousiastic Dubli "Certified Partner":
http://webshops.globalexpans.com

Scroll down the page to a little under the 'framed-in' DubliNetwork page (apparently this used to be the original 2007 Dubli "Shopping Mall" page - but that part of Dubli's original e-commerce model has been abandoned long since), and you'll read:
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It is a portal you can be proud of being a part of.

You are looking at the very front edge of e-commerce, now and in the future, we are only in the beginning of the evolution,
...and the concept is just BRILLIANT !!

So far a 100.000+ registered customers think so, also more than 3000+ DubLishop owners think so and I am sure you will come to share their opinion.
(These official numbers are from early summer 2007)
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So there we have it, official numbers from early summer 2007, that's about 8 to 9 months after the most referred-to "official" launch of Dubli in a limited number of European countries in October 2006.

100,000+ registered customers is completely different from Dubli's present claim of:
"DubLi.com’s select test market in Europe saw 2.3 million customers come in just eight months."

To see how well-informed the Certified Partner of Dubli behind the 100,000+ info is, visit the home-site of this Certfied Dubli Partner:
http://www.globalexpans.com

At the bottom of that home-page you'll see a reference (with some photos) to Dubli's mysterious 2005 China launch (now apparently purged from official Dubli history), so obviously this Dubli Certified Partner did have access to reliable inside-information.

Ironically, this original and official 100,000 figure for Europe is now also referred to in a FAQ page of
"the DubLiEagles - America's International Team"
("Licenced Independent Representative"),
where it's used in yet another spin, trying to impress and entice potential new Cash Cows Business Associates when comparing it with claimed figures for US registered customers:

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How is DubLi doing in the United States?
http://dublieagles.com/qa2.html

Since its US launch on October 4th, 2008, DubLi US has far exceeded the growth of its European counterpart. In fact, DubLi US had 100,000 registered customers by November 15th, little over a month after launch.
In comparison, it took Europe six months to achieve the same goal.
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Question: Are the presently claimed "2.3 million customers" for Europe in 2006/2007 another example of Dubli's exaggeration, confusion, or dare I even say: lies?
.

Dubli's confusion

2009-11-11T19:44:00.009+01:00

When was Dubli founded and/or started doing business?

Dubli seems confused about that....

Look at these archived company pages from the following dates:

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20 Aug 2006: archived page from dublinetwork.com
http://web.archive.org/web/20060820141559/www.dublinetwork.com/Default.aspx?ID=234

Briefly on DubLi.com
WORLDWIDE TRADING! - This is the mainstay of DubLi.com and the essence according to which the founders developed the company.
...
DubLi was founded in 2003 by a young, dynamic, expansive and success-oriented company. The main office is located in USA with marketing and support centers in Europe and Asia. This means that the actual DubLi group internally is also a global business.

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25 December 2006: archived page from dubli.com
http://web.archive.org/web/20061225004453/http://dubli.com/about_us.cfm

A Hearty Welcome to DubLi.com
Trade without borders
The Organisation DubLi.com
DubLi.com was founded in Denmark in 2003 as a market place for border-crossing trade without language barriers.
...
Worldwide trade in one marketplace
DubLi links the world! DubLi is a worldwide functioning trading portal that unites buyers and sellers and sets a new standard in e-commerce.

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26 Oct 2007: archived page from dublinetwork.com
http://web.archive.org/web/20071026011650/www.dublinetwork.com/OPPORTUNITY/DubLi.com.aspx

DubLi was founded in 2006 and is a young, dynamic, expansive and success-oriented company. The financial headquarters is located in the USA and the operational headquarters in Berlin, Germany. The DubLi Group knows what it means to operate a global business.

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16 Apr 2008: archived page from dublinetwork.com
http://web.archive.org/web/20080416235400/www.dublinetwork.com/OPPORTUNITY/DubLi.com.aspx

DubLi was founded in 2006 and is a young, dynamic, expansive and success-oriented company. The financial headquarters is located in the USA and the operational headquarters in Berlin, Germany. The DubLi Group knows what it means to operate a global business.

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02 Jul 2008: archived page from from dublinetwork.com
http://web.archive.org/web/20080702194715/www.dublinetwork.com/Default.aspx?ID=1908

DubLi was founded in 2003 and is a young, dynamic, expansive and success-oriented company. The financial headquarters is located in the USA and the operational headquarters in Berlin, Germany. The DubLi Group knows what it means to operate a global business.

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31 Jul 2008: archived page from dublinetwork.com
http://web.archive.org/web/20080731094203/www.dublinetwork.com/DubLi.com-1908.aspx

and their latest claim:

23 Oct 2009: SEC filing Form 8-K:
http://www.faqs.org/sec-filings/091023/MEDIANET-GROUP-TECHNOLOGIES-INC_8-K/

Business of DubLi
CG was organized in Cyprus on March 17, 2009, as a holding company for the DubLi companies, which commenced doing business in October 2008. Prior to that time, the persons and companies now associated with DubLi carried on various internet auction activities, including reverse auctions and traditional auctions of the kind maintained by eBay.

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So, what is it Dubli?

2003? 2006? or maybe even 2008?