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Headline: Tomorrow's gas. Today's prices.

Website: http://mygallons.com/

Save money by pre-purchasing gas at today’s prices, then fill up with your MyGallons Card when prices rise. No matter how high prices at the pump will go, the price of the gallons you’ve purchased will be locked-in.

Address: Miami, FL

Founded: 2006

Industry: Consumer & Business Services

Sub-Industry: Transportation

Legal Structure: LLC

Ownership: Private

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Management

Steven Verona, Founder [x]

Board of Directors

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Name:	MyGallons
Product URL:	http://mygallons.com/how_it_works.html
Description:	1. Become A Member Of MyGallons Sign up and become a member of MyGallons. Similar to joining any other price club such as Sam's, COSTCO, etc., there is an annual membership fee of $29.95* backed by our 100% money-back guarantee: If you do not save money on at least one redemption throughout the subscription year, we will refund 100% of your first year's membership fee. Upon signing up, your MyGallons Card will be sent to you. You will also receive additional cards that you can give to family members or friends to activate. 2. Pre-Purchase Gas At Your Current MyGallons Prices Pre-purchase fuel at your current MyGallons price – Once you have logged in, you will be able to access your MyGallons account. You will see how many gallons of fuel you have available, transaction history, current price for purchasing more fuel, etc. You will also have the option of pre-purchasing fuel to add to your account at your current MyGallons price. The price of fuel frequently changes. The quote you see on your screen is good for making a pre-purchase at that point in time. When you pre-purchase fuel, you are locking-in the price on the gallons you are purchasing at that moment. Your “MyGallons price” refers to regular unleaded fuel and includes estimated taxes based on your location. You will add gallons to your account at any time except as described in 3 below. 3. Pump Gas When you are ready to fill up your vehicle, simply visit any of the over 200,000 participating filling stations. (See Location Finder). Using your MyGallons Card is as easy as using a debit card and it is accepted at virtually all stations that accept credit cards. The number of gallons pumped is deducted from your MyGallons account balance. Please note that an adjustment, in gallons, will be made to your account balance if you choose a more expensive grade/type of fuel such as premium or diesel. In some circumstances, adjustments will be made to your account balance to reflect price differences caused by location, typically resulting from tax discrepancies between your home and redemption areas. For example, you will receive a credit in gallons if you fill up at a price significantly lower than the average price in your home area on the same day [or a debit in gallons if you fill up at a price significantly higher than the average price in your home area on the same day]; Be sure to log into your MyGallons account regularly to check your balance and be certain that you have enough fuel available to fill your vehicle. Please note that some filling stations can take up to 72 hours to report transactions. Therefore, the balance shown in your MyGallons account will not include more recent transactions. Cost of annual membership is $29.95 when enrolling in the auto-refill program. Cost of annual membership is $39.95 for the manual refill program. Other MyGallons Benefits * • Manage all of your gas expenses through one card * • Limit access of family members or employees to only fuel purchases * • Higher gas prices only increase the amount you save * • Easy, automated purchases of gasoline * • Maximize your savings with MyGallons

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Synfuels International

Page Information

Last Edit:

09/12/2008 02:42AM by TradeVibes

History:

v3 > v2 > v1 | See all versions

User Opinions

Bullish Opinions (3)	Author/Date
Interesting idea, sure to get lots of press given rising gas prices Add Comment	kimura 07/02/2008	100% 3 votes 3 0% 0
Pretty much gas futures, lots of money to be made by the company Add Comment	steven 07/02/2008	100% 4 votes 4 0% 0
People will jump on this deal and MyGallons will make most of it's money from the fees they charge Add Comment	steven 07/02/2008	100% 4 votes 4 0% 0

Bearish Opinions (3)	Author/Date
Just checked out their site - seems they're having some payment issues. Add Comment	sara 07/10/2008	100% 1 vote 1 0% 0
I don't see it as a sustainable business once we're out of the constantly rising gas price market Add Comment	kimura 07/02/2008	83% 6 votes 5 17% 1
If people read all the details carefully, they may be reluctant to sign up Add Comment	steven 07/02/2008	100% 4 votes 4 0% 0