| Product: |
themutual.net |
| Date: |
06/01/02 (336 review reads) |
| Rating: |
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Advantages: Great outlook for long term growth, earn share back
Disadvantages: share price very low at present due to internet stock crash last year
I like many other people are one of the tens of thousands of free shareholders in themutual.net and if you have not signed up yet you really should. Well for the long term as at the moment the shares are worth very little, in fact, nearly nothing. So if you sold all your 1000 free shares at the going rate of 0.004p you may get £4!! (Before dealing costs!! of around £25.) The next payment date for the units to be transfered into shares is Feb 2002 and is likely to only generate pennys for pepole like myself, but it is money we would not normanly invest for small returns. If I remember rightly - shortly after they 'floated' their shares on the AIM Stock Market. Some early members had an allocation of 10,000 shares and were expecting a nice windfall. Most members though had an allocation of 1,000 shares and were still hopeful. This was just around the time the markets fell out of love with tech stocks and Internet stocks especially. The share price opened at around 0.5p i.e. a halfpenny! and have since dropped and not recovered. Since this time in the stock market crash, themutual.net have started properly running as a business and gaining more and more sponsors and links through for their web site creating revenue which at first they did not have. This now nearly making themutual.net almost breaking even in its operations, yet still has to convince the shareholder. I am convinced that this company will be profitable and am increasing my volume of extra shares to 1,000,000 as I feel confident that these will make a profit. *So how do I get these free worthless shares?* Well, when you sign up to themutual.net you are instantly given 1000 free shares in the company. Themutual.net is a company that makes money by sending advertising emails to its subscribers. When you sign up you decide what kind of adverts you want to be sent and you will begin to receive them within a few days. The more offers that you take up and the more you pur
chase through them, the more units or shares you gain. *How many shares do I get through the mutual.net?* When you register with themutual.net, you get a username and password plus a certain number of 'Units' according to the following allocation structure: First 10,000 members received 10,000 units each Next 500,000 members receive 1,000 units each Next 1,000,000 members receive 500 units each Thereafter members receive 200 units each" I am a member of nearly the 25,500th, and that was going back a good few months, but I think that the share allocation is still within the 1,000 units bracket. *How do I earn more shares with themutual.net?* When you click on a link that comes on an email you are given a themutual.net scratch card. This means that you can win up to £1 million worth of shares in the company (about £4000). There are also links to purchase goods to earn share back with the partners. Below are examples of the share back you can earn; £50 share back if you become accepted with the marbles credit card, £25 share back from dial-a-phone with every mobile purchased, £10 share back with flowers2send.com, £10 share back with crazy mobiles, £5 share back with pharmacy2u with your first order, £5 share back with itswine.com with every order, £2 share back with 101cd.com with every order. These are only some of the examples and there are many more to choose from. I have only made a couple of transactions yet my units to be transferred into shares have increased by nearly 5000. As themutual.net is listed on the stock exchange, you can buy further shares in the company, and since this company is breaking even and soon be in full profitability, surely this company is worth joining for the free shares and also in purchasing. I have purchased 300,000 and I am planning on increasing this to 1,000,000 shares excluding the amoun
ts that I earn through the partners of themutual.net and their scratch cards. As I have now 300,000 shares and if they reach only a penny, then I am in profit by £2800, if this company proves popular by other punters, then you have made you money on your investment and on the free shares. Now this is starting to sound good. Themutual.net is really a good idea, and it dose not take long to sign up plus in the medium to long term you can be making a lot of money from it. Always remember that although you dont have any instant results the value of this company is sure to go up over time and I predict within the next two to five years. *So what is so special about the site?* To be honest, Not a lot!! Themutual.net has positioned itself now as pretty much a permission marketing and sales portal, offering virtually worthless shares in exchange for you either receiving advertising emails or signing up to the 'offers' on the site. While some of these offers may be OK in their own right, the free shares are generally a very thin icing on the cake. *So is this the end for themutual.net? Why would I sign-up for them now?* No, this is not the end for themutual.net, and why do you ask? Well with an increase in its revenue, more new members, and more commission being generated, they also are an Internet service provider. You download the connections within 10 minutes. You also get 25mb of free web space and 5 email addresses. You can earn extra shares by becoming an expert. The expert categories range from arts & literature, entertainment, health, sports etc. To become an expert you need to find something that you are an expert on. Then you fill in a profile and write discussions and help advice notes. If you don't do this you will be removed. In fact themutual.net was quite a good idea anyway as a Web portal. It was the source of information for members when it decided to change it's philosophy and go t
o an 'expert site' idea. Members could offer their services to become an 'expert' in their chosen field and be a source for advice and information to other members. *Is there hope for Internet companies?* The recent news that another company built around the proposed issue of free shares to members - BlueCarrots.com - had been sold to breathe.net and there free allocations of shares to new members have now been stopped. This due to the likelihood of launching on the stock exchange looking more likely due to increase in profitability. This prompted me to check out themutual.net and to invest further into them. The likelihood of these less than half penny shares are going to be looking to be worth it in the medium to long-term future. Best of the internet free share schemes by far. My advice, buy into them and sign up. Long term prospects looks great!
Summary:
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Last comments:
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- 18/04/02 One small flaw in this whole scheme, 0.04p (0.03 is their stock position today) is less than half of one penny, and therefore 1000 shares is worth the grand sum of 40p. Probably worth it for nothing, but I'd be consulting with a financial adviser before parting with any money for specific shares. |
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- 15/01/02 Sound a good something for nothing site, will be visiting, thanks. |
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- 07/01/02 Very interesting and in-depth opinion. |
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