Me2Everyone

Owning stock in a startup company is something that is a huge risk for most investors.  However if that stock is 100% free, then there is only an upside, right? 

Me2everyone.com is a startup company that claims they will be a virtual world version of Myspace.  From what I have read, you will be able to hang out with friends in a virtual online world, while also starting your own business, your own newspaper, or even selling your own products.  The idea sounds brilliant, and it's even better when you consider that all members who sign up to Me2Everyone will receive free shares of stock in the company.  So far in a little over 1 month 203,000+ members have signed up.  Upon signing up, all members receive 1000 free shares of stock.  Then for every person you refer that signs up you will receive an additional 500 shares.  If and when this virtual community launches and makes money, all the shareholders/members will share in the profits.  The goal is to go public on the NASDAQ in 2012 with a share value of $0.77 per share.  Possible?  Yes.  Likely?  No.  There are 18 Billion active shares, so this is the number of shares that will either be given out to new members or held by the original owners.  Let's do some calculations.

18,000,000,000 X $0.77 = $13,860,000,000

It's extremely hard for me to believe that an online virtual world will have a market capital of $13billion+.  

There are a ton of people discussing the positives and negatives of this new site at the Me2Everyone Forum on Talkgold.com.  Many people believe that they really don't have any goals of forming a virtual world but the whole site is created simply to harvest email addresses.  I don't believe this is what they are doing.  There will be a virtual world that launches sometime soon, but whether or not your free shares of stock will ever be worth anything is yet to be determined.

A lot of good information can be found as well at MoneyMakerGroup.com's Me2Everyone.com Forum.  If you are a member of Me2everyone, please leave a comment below with your thoughts.

If you would like to sign up to Me2Everyone absolutely free and obtain your free shares click Here