Now this is what I want to see and hear on the news releases from MKB/MOKO instead of that other poop they were pushing. They now have time to recover if this trend continues...............:) :) :)
SYDNEY, December 17 2015
REC*IT PASSES HALF A MILLION (500,000) MILESTONE
ALMOST 400% INCREASE IN ORGANIC GROWTH ACROSS U.S. COLLEGES
SINCE 2014 SOFT LAUNCH
MOKO Social Media Limited (NASDAQ: MOKO - ASX: MKB) is pleased to
announce that it has reached a significant milestone, with more than half a million
(500,000) students downloading and installing the REC*IT App.
Reaching this important growth point is made even more remarkable with the
fact that every user is acquired via the relationships with the colleges and their
REC teams. This has been achieved through marketing and information collateral
made available to the REC departments and their teams so that the colleges
themselves and our partners at IMLeagues (IML) can make students aware of
REC*IT. Whilst this organic strategy means that our growth may be slower than
other viral Apps, it is real and authentic.
REC*IT is deeply embedded in each member college’s existing ecosystem and
university staff around the country now count on our leading mobile
management software, available through our exclusive partnership with IML, to
effectively administer their intramural and recreational sports programming.
MOKO’s unprecedented access to more than 1,100 colleges and growing, and
protected by exclusive rights, in perpetuity, to the IML management software
(SaaS) and its corresponding data stream, means that REC*IT is the only mobile
product that has such a significant footprint across the U.S. collegiate market
place, creating a huge barrier to entry.
Paired with our ongoing commitment to relationship support across the
previously underserved campus rec community, we expect to continue our
growth and enhance our dominant position going forward.
Our aim is to make REC*IT so invaluable and indispensable that it ultimately
becomes the only tool through which schools can administer and students will
access recreational and intramural sports.
