There is a major earth-shattering development taking place right now with Money4Gold Holdings (MFGD). In my opinion, this development could lead to MFGD becoming one of the biggest plays on Wall Street for the rest of 2010!MFGD has become one of the largest recyclers of gold in the world with revenues during the past two quarters combined of nearly $37 million, compared to MFGD's current market cap of only $28.26 million!
However, MFGD is working on something HUGE that could give MFGD a tremendous advantage over all its competitors and help the company grow by leaps and bounds in the years ahead!
I bet you didn't know this... but cell phones contain gold, silver, platinum, palladium, and copper! And guess what...the average life cycle of a cell phone is only 18 months! Hundreds of millions of cell phones are being retired annually!
MFGD is beginning to offer a new service where consumers can recycle their old cell phones! That's right... MFGD is offering cash for your old and/or broken Blackberry, iPhone, Palm, Nokia, Motorola, LG, and all other brands of cell phones!Most people don't know what to do with their unwanted cell phones, so they keep them. Imagine how many millions of cell phones people have that they will love to recycle through MFGD!
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