DubLi Leaves Auctions And Goes To Shopping Network: Increases Revenue

 
DubLi’s financial reportings for the yearly report shows an increase in revenue after leaving the auction program in fiscal 2013. They currently sell premium and V.I.P. member package susbscriptions to online customers. 
DubLi is a global network marketing organization with Business Associate representatives in dozens of countries throughout the world. Business Associates can offer a wide variety of products and services to their customers, many of whom are also recruited to become Business Associates themselves. Business Associates earn commissions on sales of products and services that they sell directly, and earn commissions on “downstream” sales of products and services made by Business Associates that they recruit into the marketing network.
Although revenue increased from $15 Million to just under $18 Million, their operations cost nearly tripled from $7 Million to $29 Million. 
Shares of stock have remained virtually the same over a 5 year period. DubLi remains a year behind on financial reporting. 
 
Overview
DubLi, Inc. has created a framework for attracting and maintaining consumers through a web based shopping and entertainment community. The foundation of DubLi is based on innovative technology, a global platform and an expertise in understanding and capitalizing on global economic trends and changing consumer behaviors. The central hub of the

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