ceo started shopping.com which sold to Compaq for 220mil..now they are RMing DKMZ into Kaching Kaching Inc with the same investors that were behind the shopping.com deal. Now BYOC and DKMZ same ceo(founder shopping.com) and BYOC owns majority of DKMZs shares 10.6m of them! DKMZ under going a FS soon 8.4 for 1 and will bring their holdings of DKMZ to around 90MILLION shares. If this Kaching catches on it could mean BIG money to BYOC and their pps considering. Check PR..
KaChing KaChing, Inc. Announces Completion of Reverse Merger with Duke Mining Company, Inc. New E-Commerce Concept is First to Offer Online Consumers Brand Name Merchandise via Multi-Level Direct Marketer Program Apr 27, 2010 8:00:00 AM
HENDERSON, Nev., April 27 /PRNewswire/ -- KaChing KaChing, Inc. (www.kachingkaching.com) today announced completion of a reverse merger with Duke Mining Company, Inc. (OTC Bulletin Board: DKMZ). Newly formed KaChing KaChing, Inc. is a progressive and uniquely positioned e-commerce company offering online consumers the most recognized brand name merchandise at extremely attractive everyday low prices.
Operational technologies and a proven retail platform were licensed to KaChing KaChing by Beyond Commerce (OTC Bulletin Board: BYOC) (www.beyondcommerce.com). Beyond Commerce is also a significant equity owner of 10,605,100 shares of KaChing KaChing, Inc. The executive team of KaChing KaChing will maintain control of the new publicly traded entity.
"KaChing KaChing offers the first multi-level marketing retail concept on the Internet. It licenses proprietary online storefronts to direct marketers to earn ongoing commissions on a full-time or part-time basis," states KaChing KaChing Chairman and CEO, Robert McNulty. "It currently offers as many as 1.8 million products and thousands of brand names for sale across a broad range of categories... such as, consumer electronics, books, DVDs, computers, housewares, office supplies, pet products, health and beauty items and fragrances... to name just a few."
"The Company will also continually introduce new and popular product categories to serve market demand," adds Mr. McNulty, "similar to Amazon.com, Inc. (www.amazon.com) and Overstock.com (www.overstock.com)."
KaChing KaChing Founder, Robert McNulty, is an accomplished entrepreneur and an early pioneer in e-commerce on the Internet. He created Shopping.com, the first multi-category online retailer on the Internet. Mr. McNulty founded and successfully developed Shopping.com, which was ultimately sold to Compaq Computers for $220 million in all cash transaction. The reverse merger is lead by former investors from Shopping.com that have a significant investment in this new business strategy as well. "We have the opportunity to change the face of online retail purchasing," notes Robert McNulty. "KaChing KaChing offers people the ability to run and manage their own webstores, selling thousands of brand name products, including specialty boutique items directly from manufacturers and distributors."
"Storeowners will also be able to add their own products for sale that will ensure immediate distribution through the Company's e-commerce platform," he adds. "Today, there are over 2,000 webstores currently operating on our retail platform."
The revolutionary KaChing KaChing concept was created by successful brick-and-mortar and e-commerce world veterans possessing expert knowledge in retail strategies, sourcing, pricing products and supply chain distribution. KaChing KaChing projects to have over 100,000 licensed storeowners operating in the next 12- to 14-months, generating significant revenues and earnings.
Internet retail sales are soaring - up 20% a year for the past twelve years - and today, they command a record $150 billion dollars of annual online retail sales in the U.S. alone, with a projected growth of $200 billion in annual sales over the next four years and KaChing KaChing, Inc. is uniquely positioned to capture a significant share of this burgeoning market.
This merger gives KaChing KaChing immediate access to public markets and provides greater growth opportunities by creating value for shareholders. The Company will immediately file for a name change to KaChing KaChing, Inc.
About KaChing KaChing, Inc. KaChing Kaching is the very first retail chain of online stores serving consumers on the Internet. A licensee is now able to become a real storeowner and can buy and sell products directly from manufacturers and distributors. As a flexible home-based business, the licensee's online webstore can be operated full or part-time with unlimited growth potential, selling to friends, family, associates, new customers or through personal consumption while earning up to 10% commission on gross revenues for each item sold. Storeowners can also earn additional income by signing-up other new storeowners to quickly become a part of The KACHING KACHING Effect™. For more information visit www.kachingkaching.com.
Safe Harbor Statement:
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting KaChing KaChing, Inc. operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.
Beyond Commerce, Inc. Announces Letter of Intent to Acquire AdJuice, Inc.
Leading Online Ad Network and Lead Generation Company Brings Unmatched Consumer Products, Programs and Services
HENDERSON, Nev., May 4, 2010 /PRNewswire via COMTEX/ -- Beyond Commerce, Inc. (www.beyondcommerce.com) (OTC Bulletin Board: BYOC) today announced signing a Letter of Intent to acquire AdJuice, Inc. (www.adjuice.com). The Board of Directors of both companies have approved the acquisition and the transaction is anticipated to close within the next 10 business days.
AdJuice, Inc. is a leading online Advertising Network and Lead Generation company with over 22 million registered users, 700 affiliates and 350 retail clients in six major industries. AdJuice offers sales leads for debt companies, auto warranty companies, auto dealers, banks and insurance companies.
The unique AdJuice operating system and process of generating online consumer requests for services uses its proprietary technology and dedicated call center, providing a premium service that consistently commands some of the highest rates for leads sold in the respective industries. AdJuice is supported by more than $7 million invested in developing the Company's proprietary technology.
"We look forward to joining Beyond Commerce," states Matt Hill, CEO and Founder of AdJuice. "Our company will act as a hub for future acquisitions and we feel this is the right time in the market for great companies and smart people to join forces under one roof to produce unmatched consumer products, programs and services."
"This is just the beginning of what will be a remarkable journey of growth for the company," adds Hill.
Today, the Internet accounts for approximately 20 percent of overall media consumption in the United States; however, advertisers now invest only 7.5 percent of their budget online. Therefore there is tremendous upside potential for marketplace growth as advertisers steadily bridge the gap.
As a result, by 2011, nearly 25 percent of all media consumption will be online, drawing 15 percent of total advertising dollars. The online advertising market is expected to reach $50.3 billion in revenue by 2011 in the U.S. alone; more than doubling 2007 levels and growing an anticipated 24 percent annually (source the Yankee Group) as brands increase online ad expenditures and publishers improve ad targeting, inventory and yield management.
"To capitalize on this vast opportunity, Beyond Commerce has repositioned itself into a media company and a technology e-commerce platform provider," states Beyond Commerce CEO, Robert McNulty. "We are currently in discussions with other media companies as well...in the ad networking, online advertising and local advertising space industries...which are also viewed as potential acquisitions."
"We believe these market segments, individually and collectively, are extremely fragmented," Mr. McNulty concludes, "and they offer tremendous unlimited growth opportunity for a roll-up strategy."
About Beyond Commerce, Inc.
Beyond Commerce, Inc. is a multi-faceted business serving as an e-commerce solution for high traffic web properties, and a media company in the Ad Networking, Online Advertising, Lead Generation and Local advertising marketplace. For more information visit http://www.beyondcommerce.com.
About AdJuice, Inc.
AdJuice is an action-advertising network that combines both original and exclusively sourced campaigns, premier payouts and unrivaled accountability. The company is managed by a veteran executive team with over 12-years of experience in Lead Generation, eCommerce and Affiliate Marketing. The AdJuice network distributes leads to over 350 retail clients along seven major verticals, all offering top payouts. The Company owns and manages over 120 Websites fully optimized for brand recognition and conversion performance, supported by over $7 million in invested technology. The AdJuice mission is for continued innovation within the Performance Marketing and Lead Generation industries while consistently delivering quantifiable results to both its upstream and downstream partners. For more information visit http://www.adjuice.com.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting Beyond Commerce, Inc. operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.
Contact: Miranda Freerksen Beyond Commerce, Inc. 702-463-7000 miranda@beyondcommerce.com
posted
nice buys coming in. 1 left at .079 then showing .0994..once .10 breaks this will get noticed. was at $1.50 a year ago and $3.50 2 years ago
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