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Re: jfk post# 496

Wednesday, 11/16/2016 12:22:28 AM

Wednesday, November 16, 2016 12:22:28 AM

Post# of 721
They got a fantastic deal @ $3.75 profit taking was fast! Great time to add tons more!

SITO Mobile beats by $0.01, beats on revenue

In September we raised $10.3 million in net proceeds through an equity offering. This successful offering was enabled by the strength of our strategic positioning in the mobile adtech marketplace coupled with our strong revenue growth and profitability. As a result of this offering, we added several new institutional shareholders and increased market awareness and liquidity. The proceeds from this offering strengthen our balance sheet, and provide financial flexibility as we execute our plan.