Hot Business News Today

DubLi Leaves Auctions And Goes To Shopping Network: Increases Revenue

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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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Hot Business News Today

CVSL, Owner Of Agel And Other Network Marketing Companies, Moving To New York Stock Exchange

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CVSL Inc. has received notification that it has been authorized for listing on the NYSE MKT, contingent upon CVSL being in compliance with all listing standards on the date it begins trading on the Exchange.
“Listing on the NYSE MKT will represent a very significant milestone for CVSL. We are all delighted to receive this news. I believe listing will expose CVSL to a much broader audience of institutional and retail investors and that it is a powerful indication of CVSL’s growing success,” said Mr. Rochon.  “We look forward to completing the process for the uplisting shortly.”
About CVSL
CVSL is a growing group of micro-enterprise companies that connect social media networks into an ever-expanding virtual “community” of social commerce.
CVSL companies currently include The Longaberger Company, a 40-year old maker of hand-crafted baskets and other home decor items; Your Inspiration At Home, an award-winning maker of hand-crafted spices and other gourmet food items from around the world; Project Home (formerly conducting business under the name Tomboy Tools), a direct seller of tools designed for women as well as home security systems; Agel Enterprises, a global seller of nutritional products in gel form as well as a skin care line sold under the Ageless brand, operating in 40 countries; Paperly, which

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