Small Cap Profits.com Featured Article: (MFGD.OB)

May 12, 2010

Money4GoldHoldings, Inc. (MFGD.OB)

Money4Gold Holdings, Inc. announced on May 7th, 2010 that they signed a Letter of Intent to acquire Office Products Recycling Associates (OPRA), a Missouri company.   Both the acquiring company and the acquired company believe that real progress could be better achieved this way than if either company went it alone.  This makes perfect sense.  It should be noted that MFGD intends to change its name to Upstream Worldwide, Inc. as soon as possible. The Company has already received shareholder approval and needs to clear the name change with FINRA.


Office Products Recycling Associates is a 15-year-old recycler of cell phones, smart phones, inkjet printer cartridges, and toners. They have an extensive business-to-business (B2B) model as well as consumer model. This will increase Money4Gold’s customer, channel, and product footprint.

Doug Feirstein, MFGD’s Chief Executive Officer, said, “Pursuing this acquisition is one of the aggressive actions we are taking, in light of the recent volatility and softness in our traditional precious metals/direct response business.”


In an interview with The Gelderlander newspaper, Mr. Pim de Vries, marketing manager at Sanadome Hotel and Spa, said that “Sanadome is investing into luxury equipment that is geared towards treatments and cures, as well as cellulite reduction and spa-massage treatments. We are planning to acquire more SpaCapsule units this year.”

Money4Gold Holdings, Inc. procures precious metals by directly advertising to individual consumers interested in liquidating unwanted jewelry and coins, among other things.   MFGD insists that by using its network of websites it can create the most convenient, efficient and secure method of recycling and liquidating unwanted items.


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