M2 PRESSWIRE-19 August 2003-THEMUTUAL.NET: Themutual.net share price continues to soar proving this is one to watch!(C)1994-2003 M2 COMMUNICATIONS LTD
RDATE:08192003
With a massive increase of 500% in the last 12 months, the value of shares in themutual.net continues to rise. Themutual.net is currently the top performing AIM Stock Exchange listed company, as well as being the only AIM Dot.Com to make a profit in the last 12 months.
Yes, there is one DotCom out there that has all its 'ducks in a row' and has been showing consistent growth, profitability and increased share value since its conception three years ago. Shares in themutual.net have increased in value by 500% within the last 12 months! Currently at .17p the shares just keep rising and have consistently doubled every six months.
themutual.net is an online 'rewards site' shopping portal that allows its community of members to shop at over 300 quality-shopping sites, in return, all users are rewarded with shares in the business. With internet shopping on the increase, the site offers all consumers who use the site the opportunity to amass a healthy share portfolio as a reward for simply doing what we do every day. Shopping!
An example of the rewards currently available via themutual.net include:
-- Simply sign up to themutual.net and receive 5,000 shares
-- Make themutual.met your home page and get 50 shares.
-- Apply for a Marbles credit card and get 25,000 shares.
-- Apply for an American Express card and get 12,500 shares.
-- Shop at the Carphone Warehouse and get 5,000 shares.
-- Rent with EasyCar and get 1,875 shares
That's 49,425 shares @ .17p = GBP84. Now add to that your monthly Internet food shopping, Christmas presents and two holidays a year. Before long you could have GBP200 worth of shares, the value of which will almost certainly double in 6 months.
Furthermore, shop with another range of suppliers through themutual.net and gain a % ShareBack on ALL purchases you make, ranging from 1%, to a massive 25% share back with TheMobileRepublic. Other retailers in the ShareBack scheme include WH Smith, Woolworth's, Amazon, Alders, MFI, Tesco and PC World.
Facts From a recent share review by:
TheMotleyFool.co.uk - to be found at www.fool.co.uk/news/comment/c030731a.htm
Themutual.net has over 450,000 subscribers on its database. At the end of its 3rd Year (end of June 2003) the company showed GBP0.7m in the bank, a turnover growth of 67%, with net profits of GBP558,000. In the coming year pre-tax profits are expected to triple to GBP1.5m Currently themutual.net is valued at GBP6.5m
About Themutual.net
Company Bio Now in its 4th year of trading, themutual.net is the UK's top performing AIM Listed company. It offers its 445,000 members the opportunity to earn free shares for shopping online at some of the UK's top stores. Over 500 new members register to the site every day to shop through over 300 partner sites for everything from electrical goods to clothes, music and holidays. Themutual.net have seen its shares increase by over 90% in 2002 and are confident that this success will continue. Contact details: www.themutual.net
Ben Heaton - Managing Director After graduate training with Bank Paribas, Ben rose to be head Bund trader in their global headquarters in London. Then followed a period with Durlacher, the Internet investment house. Later, with a colleague, he founded Stocknet.co.uk, during which time he developed a business plan for the creation of a UK online equity broking operation.
CONTACT: Barry Walker, NakedPRTel: +44 (0)1428 752000e-mail: barry@nekedpr.com
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