Pompano Beach, FL, June 07, 2010 --(PR.com
)-- National Sales Director, Mr. Lou Gallo announced that the transaction was in the works prior to the joint venture partnership and was scheduled to close in less than 30 days when first posted for investors to participate in. “Nevertheless, we are extremely excited about the conclusion of this deal and the great return garnered for our investors, Commodities Online has had it’s fair share of detractors and bad publicity in recent weeks but we believe that the company will exceed investor expectations moving forward. We are a new company and believe, the only company offering this type of investment”. Mr. Gallo added that Commodities Online is an innovative and pioneering company that allows investors a low risk, low speculation alternative to traditional commodities and futures trading, “by acting as a wholesaler of the commodity we mitigate risk and speculation substantially.”
“Our CEO Mike Casey is in Mexico coordinating with our shipping company and mine management to conclude these deals within 30 days with projected returns for our investors of 10% - 16% per transaction. We believe that we have a strong business model and the concept is solid, Commodities Online is here to stay.”
Commodities Online LLC is a private company in the commodities wholesaling business. The company negotiates purchase contracts with producers of commodities and simultaneously negotiates sales contracts with distributors of those commodities. These contracts are referred to as “pre-sold” or “buy/sell” commodities contracts.
Commodities Online offers a confidential subscription service through its Web site for qualified investors who wish to participate in the commodities contracts that Commodities Online has negotiated. The subscription service allows investors to purchase participations in commodities contracts such as fish, rice, and metal ores. As the subscriber base grows, a larger assortment of physical commodities contracts will become available through our confidential subscription service. Participating in these contracts allows the individual investor an opportunity to earn attractive risk-adjusted returns without having to commit all of the relatively large amounts of capital involved in such contracts.
The company does not charge investors a commission or fees on their contract participations. Instead, Commodities Online shares in the profits on the commodities contracts as described in the Master Subscription Agreement. In this way, the interests of the investors and Commodities Online are aligned: if the investors do not profit from a particular commodities contract, then neither does Commodities Online.
Although Commodities Online is a relatively new company, it has established relationships with producers and with distributors/buyers, which are the key to its business model. Commodities Online was created to give the individual investor access to the incredible opportunities in the world of physical commodities.