PennyTrader.com Initiates Coverage Marine Drive Mobile Corp. (OTCBB:MDMC)
Marine
Drive Mobile Corp. (MDMC) is the brainchild of Colin MacDonald, their president
and founder, and grew out of his vision to create a service that would become a
disruptive force in the online coupon space.
MDMC's
mission is to transform the online coupon space by giving businesses a totally
free online advertising platform that makes creating and promoting daily deals
as simple as sending an email.
MDMC's
revenue model is built on transactions, not percentages of sales. Since they
charge consumers a small transaction fee for each deal, the merchant pays NOTHING. Using this system, the merchant is able to
collect and keep ALL the money from the purchase when the
coupon is redeemed.
The
beauty of this model is that it inherently fosters a win-win situation.
Consumers are able to secure excellent deals with little cost passed onto the
merchants (since they collect the full face value of the sale and not a share
of revenue). This in turn enables merchants to offer bigger and better deals
without sacrificing their profits.
Deals
are always carefully targeted, ensuring customers receive the most relevant and
valuable deals for their lifestyle demographic and location.
To
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Disclosure: PennyTrader.com and
affiliates are being compensated fifty thousand dollars by a third party (New
Market Traders LTD) for current MDMC two week investor awareness campaign.
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