KSIX MEDIA HOLDINGS, INC.
(OTC - KSIX)
KSIX Media Holdings, Inc. is a diversified media and internet company operating through three wholly-owned subsidiaries. Two legacy businesses serve as an advertising network that create revenue and drive traffic and conversions for its clients, and a tools provider for web publishers to drive and monetize traffic through incentive-based advertisements. Newly acquired Digitized IQ is one of the largest social medial digital advertising agencies specializing in survey generation and landing page optimization in the tort law vertical.
The Company recently acquired DigiizelQ, which generates $5M in annual sales. DigitizelQ is one of the largest social media digital advertising agencies specializing in survey generation and landing page optimization in the tort law vertical. Other KSIX segments include an advertising network and a tools provider to drive incentive-based ads and monetizable traffic to publishers. This company has conducted survey generation for some of the most notable tort cases in recnet years including the General Motors recall and the Xarelto class action suit.
Management is engaged in a roll-up strategy of acquiring firms with expertise in complementary verticals or technology that could generate a run-rate of $20M or more in revenue and up to $2M in operating profit by year-end. Projected sales for 2016 are for $8 to $10Million. Over the next five years, the KSIX management team seeks to grow the Company from its current revenue run-rate of an estimated $6M for 2015 to the $100M mark, via organic and inorganic growth. Management appears poised to achieve its objective over the next few years by leveraging its unique software platform and combining a performance-based, integrated services model with the acquisition of complementary and scalable, revenue-generating advertising and media companies. Today, the Company's approach includes an emphasis on revenue generation and profitability through performance-based success services (traffic conversion) such as Cost-per -Action (CPA), survey generation and integrated solutions for campaign management. By utilizing its adaptable software platform, KSIX can engage in cross-sale opportunities through its current unique distribution channels and broaden its reach and scale via the acquisition of digital companies in new vertical markets or those with complementary technology.
No internet company can achieve meaningful success without proprietary technology and KSIX is no exception. The Company's technology acquired in the DigitizelQ transaction provides KSIX with a competitive advantage in Facebook advertising that can be leveraged into several additional markets. This cloud-based API is an adaptable, scalable, and intelligent revenue-generating marketing platform. The proprietary system uses API's that collect data and learn buying behavior based on dynamic pricing and social media monitoring to drive the most cost effective marketing campaigns. KSIX can elect to use this platform in the new social media marketing verticals such as Google+, Instagram, Twitter, and others. Importantly, as KSIX closes new acquisitions, it can use this platform with the new business or integrate a new API to add features to its overall offering.
With the acquisition and consolidation of the DigitizelQ operations, management expects the Company will enjoy a 10% reduction/Savings in operating expenses as well as increased sales utilizing the existing KSIX sales force to market its new services to direct advertisers. At present, management's goal is to generate DigitzelQ revenue of $1.0M per month in the mass tort vertical and then expand into additional client bases such as healthcare, beauty, insurance, and financial ervices.
KSIX Media Holdings, Inc.
10624 Eastern Avenue
Henderson, NV 89052
KSIX Signs Definitive Agreement of $13.1 Million True Wireless
LAS VEGAS, NV--(Marketwired - Dec 14, 2016) - KSIX Media Holdings, Inc. ("KSIX" and/or "Company") ( OTC PINK : KSIX ), a Las Vegas, Nevada-based publicly traded company under the ticker symbol KSIX on the OTC, has signed a definitive agreement effective today with telecommunications company True Wireless, LLC -- an Oklahoma Limited Liability Company, and is in the process of completing full acquisition of the company under the definitive agreement. The acquisition, which includes all assets of True Wireless, LLC, will be completed upon FCC approval.
True Wireless is on track for $13.1 million gross revenue in 2016, with $3.1 million in EBITDA. "We have been working with KSIX for the past two quarters during which they helped increase our revenues by 49%," stated Brian Cox, CEO of True Wireless. "We are very excited about the fast growth potential of the combined companies." KSIX utilized their proprietary online marketing technology to substantially increase revenues, reduce customer acquisition costs, and cultivate new social media marketing avenues.
"We're confident in KSIX's potential and very excited about the True Wireless acquisition," stated Carter Matzinger, President and CEO of KSIX Media. "True Wireless is an ideal acquisition. Our focus will be to help expand the True Wireless subscriber base in 2017 and become one of the leading Lifeline providers in the country."
Once the acquisition of the assets is complete, KSIX intends to fully integrate the management operations of KSIX and True Wireless. True Wireless will operate as a wholly owned subsidiary, retaining key True Wireless management staff.
Tentative deals are TENTATIVE, meaning no deal terms are final and there is only an intent of the parties to discuss whether a transaction is possible and agreeable - it's an agreement to discuss if a deal can be made. Nothing more. Non-binding on either party.
WARNING - KSIX under 4th PAID PROMO PUMP
Warning – Notice of Paid Promo is misleading, there were no (4) paid promotions, in fact, KSIX never paid for any promotion. If questions or concerns, call the company direct.