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Great News....Just got a email from Kathy Addison with Elite.
The email reads:
I just wanted to send you an email to let you know that we have received the TV scheduale for MedeFile's infomercials and that we will be sending out the information in the form of a press release. I will make sure you receive the announcement once it has been released to the public. Have a great weekend!
Best Regards,
Elite Financial Communications Group, LLC
Start Buying boys this thing is going sky high...............
Well said... I agree..
With hurricane irene threatening the U.S people should be backing the medical records up on MedeFile.
I just got a email from Kathy with Elite. She said she is looking into it and when she finds out she will get back to me.
I just sent a email Elite. I will post as soon as they respond. Awsome close .0037
Great day so far....
This stock is good for one more pump. And when it does jump.....
I like your thinking....
Awsome I feel much better thanks for posting.
Great news.
Thanks for answering my question and for the nice purchase.
Great news thanks for doing that mit...this is probably a dumb question but what does it mean when I see .29x250,000 on the bid and .30x3,600,000 on the ask.
Tommorow is the 8th this is a big week for us, I feel very strong about MDFI......Go MDFI......
A lot of us have have a good amount of Money invested in this company, why do you get so much pleasure in our misery....
Next week you will see volume and pps going up, wich means a select few have been notified of a pump, then we will get emails from the promoters to buy MDFI, and finally my personal favorite the gap up.... And we all sell high.
Nice close at .0032, the market was down 500 points. Good news is coming I can feel it.
Positive morning hit .0038
Thanks for the great news. Can't wait for the big up turn.....
Thank you, I have a good feeling about MDFI...
Does the company have any debt?
Awsome penny stock and penny stock universe pumping cxlt.
Thanks I feel good. 3.2 million shares and growing.
When will next filing be posted?
Penny stock geek has been pumping cxlt.....
Resale sites give users an out for 'Groupon remorse'
By Candice Choi, Associated PressUpdated 1h 25m ago
Comments1
NEW YORK — Wish you hadn't bought that daily deal for a hot air balloon ride? You're not alone.
Scott Olson, Getty Images
The Groupon logo is displayed in the lobby of the company's headquarters in Chicago.
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Scott Olson, Getty Images
The Groupon logo is displayed in the lobby of the company's headquarters in Chicago.
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A growing number of shoppers with buyer's remorse are tapping an emerging resale market to unload the coupons they no longer want from sites like Groupon and LivingSocial.
For the uninitiated, daily deal sites offer limited-time discounts of as much as 90% on a variety of products and services. But the elements that make the deals so enticing — the steep price cuts, limited supply and countdown clock — can also be a potent mix for impulse purchases.
The pitfalls are apparent in a key statistic; an estimated 20% of the discounts are never redeemed.
That's where sites like DealsGoRound.com come into play. There's no charge for sellers to list an unwanted coupon, but the sites takes a 10% cut if it's sold. At LifeSta.com, another resale site for daily deals, sellers pay 99 cents plus 8% of the sale price. Buyers don't pay any fees on either site.
"People buy deals with good intentions," says Kris Petersen, founder and CEO of DealsGoRound. "But then the planning doesn't come together or they run out of time to use the deal."
How coupon resale sites work
DealsGoRound.com
It’s free to list coupons for sale. If a coupon is sold, however, the seller has to pay the site a 10% cut. There’s no fee for buyers. The site works like eBay, in that it acts as an intermediary so that buyers and sellers don’t need to interact. Sellers are required to provide the coupon voucher for the deal they want to list and have an active PayPal account.
LifeSta.com
Listings and transactions are handled much like on DealsGoRound. But sellers pay 99 cents plus 8% of the purchase price if a coupon is sold. Buyers don’t pay a fee. The site guarantees refunds if buyers find out within 60 days that the coupon they bought was invalid or was already used.
CoupRecoup.com
The site works more like Craigslist and lets buyers connect directly with sellers. If you see a deal you like, you contact the seller by filling out a form with an offer price. There’s no guarantee the seller will respond, however. It’s also up to the buyer and seller to arrange the payment and exchange of the coupon.
The emergence of the resale market is a natural outgrowth of the explosive popularity of daily deal sites in the past year. Although Groupon and LivingSocial are by far the biggest and best known players in the space, there are now an estimated 400 similar sites, according Daily Deal Media, which tracks the industry. And this year, consumers are expected to spend an estimated $1.9 billion snapping up bargains, about double the amount spent last year.
The deals are usually tilted toward a higher-end clientele, with offers including discounts on restaurant vouchers, wine tasting tours and shiatsu massages. But circumstances can sometimes prevent shoppers from redeeming their coupons.
After paying $40 for a month of unlimited yoga classes on Groupon, Michael Roman found a more convenient venue for practicing his downward dog. So he decided to list the coupon on DealsGoRound.
He listed the deal for the same amount he paid, with plans to lower the price if it didn't sell quickly. But the coupon sold within hours.
"The immediacy is what surprised me," says Roman, a 47-year-old business analyst from Chicago.
If a coupon is popular enough, sellers may even be able to fetch a small profit. Because daily deal sites offer such steep discounts, sellers can list their coupons for more than they paid and still offer a bargain. For buyers, resale sites offer access to deals that are no longer available.
In other cases, sellers may have to ask for less than they paid. This usually happens when a coupon's expiration date is fast approaching or if the retailer or service is too obscure.
The worst case scenario is that sellers never find a buyer; DealsGoRound says that happens with about a third of its listings.
It's worth noting that technically, Groupon's terms of use prohibit the unauthorized resale of its coupons. The fine print on LivingSocial's site also prohibits the sale of its vouchers. But DealsGoRound, which is based in the same building as Groupon's Chicago headquarters, notes that it has operated for more than a year without hearing concerns from any daily deal sites. It says it would honor any requests to stop listing coupons from specific sites.
In any case, consumers are flocking to DealsGoRound and Lifesta. The sites both have listings in more than 100 cities, shadowing the markets where Groupon and LivingSocial do most their business. DealsGoRound recently listed about 300 deals in Chicago; LifeSta listed about 500 in San Francisco.
Groupon notes that it doesn't encourage the use of resale site because it can't guarantee the authenticity of the coupons sold on them. But both DealsGoRound and LifeSta guarantee buyers refunds if there are any problems with the coupons. The sites require sellers to electronically submit coupon vouchers before they're listed.
Like eBay, they work as intermediaries so transactions are kept seamless.
"There's no meeting someone at Starbucks hoping they'll show up," said Petersen of DealsGoRound.
Another site, CoupRecoup.com, works more like Craigslist and lets buyers contact sellers directly. CoupRecoup doesn't offer any guarantees, but sellers may like it because there are no fees.
Before turning to the resale market, however, check out whether it's possible to get a refund is possible directly from the daily deal site.
LivingSocial gives shoppers five days to return deals for any reason. Groupon doesn't offer such leeway. But the site says its customer service team works on a case-by-case basis to give buyers refunds or site credit if they can't redeem a coupon for a legitimate reason. An example might be if a customer couldn't attend a concert because of a medical emergency.
There's another little-known clause worth nothing. To comply with federal and state laws, Groupon and LivingSocial say their coupons only lose their promotional value after the expiration date. The coupons are still good for however much the buyer paid for it.
So if a shopper pays $20 for a $40 restaurant voucher, the voucher is still good for $20 even after the expiration date. If customers run into problems, the sites will work with merchants to ensure the coupons are honored.
There are cases where buyers will simply be out of luck, however. For example, if you buy a deal for an event like a concert and it passes, there's no way to get your money back.
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Thanks Conix.
I have not seen any pumps yet. Can you alert us if you do. Thanks.
Thanks Billy Cash you are a great addition to this board...Go MDFI
Great close. Much better volume.
Way to stay on them. Good job mit.
My etrade is showing bid at .11 and ask at .23. Anyone else seeing that.
Why isn't there any news on the results of the New York meeting?
I feel a huge pump coming from BDPS, with the new money they were loaned...
Sounds like the neaa is going to sink some money into our MDFI....I like.
Thanks. Feel much better...
Great news today, and staying with MDFI for the long hall....
Why is the bid at .14 and ask at .19 with such low volume. Looking to buy back in. I bought 110,000 shares at .44 and dropped like a bomb right after.
excellent post...
Where is stockman when we need answers?
Where stockman when we need answers?