Go 110 Media <OTEN.BB> Up 140% today
 

Damn guys what the hell happened, up 140% today on 1.2 million shares traded. Whats the good news?

110 media runs Mob Bucks and Web1000.com

That's alot of shares traded.

Entry into Material Agreement, Sale of Equity, Financial Statements and Exh



Item 1.01 Entry into a Material Definitive Agreement
On July 12, 2005, the Company entered into a Management Services Agreement (the "Agreement") with Personal Portals Online, Inc. ("Personal Portals"). The term of the Agreement is for twenty-four (24) months commencing as of July 1, 2005. The Agreement will be automatically extended on a year-to-year basis upon expiration of the initial term unless terminated upon thirty (30) days written notice by either party.

During the term of Agreement, Personal Portals will have primary responsibility for the management, redesign and redevelopment of the Company's web traffic operations and technology, finance and accounting including but not limited to:

i Providing day-to-day administration and operating tasks related to Web 1000 business plan;

ii Assisting in the implementation of the business strategies and plan of the Web 1000 business plan;

iii Providing leads for potential clients with respect to the Web 1000 business;

iv Negotiating agreements in the ordinary course of business;

v Identifying appropriate new management, advisors and board members as necessary;

vi Overseeing the Company's relationships with outside professionals, vendors and customers; and

vii Providing such other related services as requested by the Company and mutually agreeable to Personal Portals.

Pursuant to the Agreement, the Company will issue to Personal Portals 3,000,000 shares and its common stock $.001 per value. Personal Portals will also be paid a fee of Five Percent (5%) of the net monthly revenues of the Company's business. In addition, Personal Portals will be reimbursed for all reasonable and approved out-of-pocket expenses incurred by in the performance of the services under the Agreement.

send MORE TRAFFIC TO MOBBUCKS.COM/KB

and let's see where we are tomorrow!!

New announcement in a week!!

GREAT NEWS

Sign up for Mobbucks.com and you'll see real soon why it pays to be "family"

Hmm... looks like the old founder of Image Cafe is on board. ;)

Yes, we are very happy about this deal. This arrangement to outsource the management of the web1000 technology to an extremely competent party offers us almost limitless growth potential. We are very confident that these guys will take it to a new level for us. Great News.

It also allows us to focus on Mobbucks 100%, which is necessary considering our current explosive growth and the tons of new projects we are working on to expand the number and quality of sites in the program.

Thanks for Noticing.

Symbol:OTEN is destine for big-time! :thumbsup

Good stuff from Mobbucks :)

:thumbsup :thumbsup :thumbsup

good stuff guys, keep it up