BOCA RATON, Fla., -- Money4Gold Holdings Inc. (OTCBB: MFGD) has completed its first full quarter of operations as a public company, experiencing significant growth while validating operating models.The Company initiated operations in the second quarter and began recognizing revenue in July. Management has found a direct correlation between requests from customers to receive the Company's mailer permitting them to send in gold and other recyclable precious metals, and the revenue the Company recognizes. The number of requests has dramatically increased, which will be reflected in our revenue for the fourth quarter of 2008. The Company is also achieving payment acceptance rates of approximately 95%, indicating that Money4Gold's payout percentages have been directly in line with or exceeding customer expectations.
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