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This upcoming news will be setting this flying. We still only have a 55m mrkt cap which is rediculously low imo... think 150m is very reasonable for where the company is today, 250m would be good if 1 of the upcoming plans works out and there are so many irons in the fire if a few strike well we see over that imo
Next week it should test highs. Seems like volume is back and people are getting excited again.
Hoping we test 52wk highs again
Moving nicely today in anticipation of news.
I think it's just a waiting game from here. It's been hanging around the .80's pretty consistently. The right news will reward the patient ones
These guys definitely need news soon to get the pot stirring again.
This could be huge around the time of the Snapchat ipo opening up. We seem to be hovering around a bottom here now
Missed the boat at 2:39 so now I'm on the way up again . Big loss for me but it's coming back to surpass the $2.39 Quote was 3.79 on Scotia online somewhere
I have sent them a bunch of messages and submitted a change of ticker request... the board is keekd currently thanks to a typo, I am the admin for it now but no luck getting things fixed yet
We are showing a very strong base here, once the new updates come I see this running again. And as the gaming company on board their items with the upcoming offerbox/gaming platform changes, we will see a flood of new users and investors... jmo
Namaste Technologies to Utilize Peeks Platform for E-Commerce Expansion
2016-12-01T13:00:00Z Email
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Namaste Technologies to Utilize Peeks Platform for E-Commerce
Expansion
TORONTO, ON -- (Marketwired) -- 12/01/16 -- Keek Inc. (TSX VENTURE:
KEK) (OTCQB: KEEKF) is pleased to announce that it has entered into
an agreement with Namaste Technologies Inc. ("Namaste"), the largest
global e-commerce distributor of vaporizers and accessories. Namaste
is establishing a channel on the Peeks platform and will receive
exposure to Peeks' global user base. The Peeks service directly
aligns with Namaste's global footprint and this partnership
exemplifies what Peeks has to offer through channel partnerships.
Pursuant to the terms of the agreement, Namaste will receive a
premium position within the upcoming discovery channel in the Peeks
service. The discovery channel will showcase many media and
e-commerce partners, along with popular user-generated content. These
partners, such as Namaste, will be able to monetize their live and
archived content by selling products and or services directly to
their viewers. One of the many upcoming discovery channel categories
to be launched in Peeks will focus on the legalized cannabis sector
and will feature Namaste as a premier e-commerce partner within that
channel.
This new channel will allow industry experts to voice opinions,
answer live questions from viewers, and interconnect their product
offerings directly through the Offer Box. The Offer Box allows
viewers to make direct purchases from broadcasters and sponsors
through non-disruptive and non-intrusive actionable incentives which
do not interfere with a user's enjoyment of live and recorded
content.
"Namaste is the largest e-commerce distributor in what has to be
acknowledged as one of the fastest growing industries in the world.
We recognize each other's enormous growth potential and thrilled to
have Namaste on the Peeks platform as one of our new partners," said
Mark Itwaru, CEO of Keek Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
has reviewed or accepts responsibility for the adequacy or accuracy
of this Release.
Forward-looking statements:
The information and statements in this news release contain certain
forward-looking information relating to the activation of an
e-commerce partner on the Peeks platform, and other statements
regarding planned future capabilities and functions of the Peeks
platform. This forward-looking information is subject to certain
risks and uncertainties and may be based on assumptions that could
cause actual results to differ materially from those anticipated or
implied in the forward-looking information. Keek's forward-looking
information is expressly qualified in its entirety by this cautionary
statement. Except as required by law, Keek undertakes no obligation
to publicly update or revise any forward-looking information.
For further information, please contact:
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
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You will see nice buying opportunities coming here as this is still under the radar in the US.
Good morning Sr. I guess we'll see today.
What's up JR... I don't think it cracks 1.20 but cheapies are cheapies
Yes it is, the Canadian ticker is $kek and the American ticker is $keekf... currently I am getting the $keekf board up and running, someone started one under $keekd that was a typo... so for now this is the board essentially and we will have an American and Canadian board eventually
Thanks for alerting me about that! I've been following this stock the last few weeks.
Keek Provides Offer Box Update, Adds Celebrity Focused Content to Peeks Service
11/23/16, 6:00 AM
TORONTO, ON -- (Marketwired) -- 11/23/16 -- Keek (TSX VENTURE: KEK) (OTCQB: KEEKF) today provided details on the upcoming release of the first merchant tool to be integrated into the Peeks livestreaming service: the Offer Box. Using the Offer Box technology, users such as brands, influencers, and consumers, can create actionable incentives which can be distributed to their live audiences. This allows users to create individual live home shopping channels with an instantaneous global reach, all supported with an underlying proprietary payment processing engine that completes all transactions safely and securely from start to finish for a more seamless online shopping experience.
The Offer Box is flexible and easy to use. An approved user who wishes to sell a product begins by creating 'offer(s)' inside Peeks. The offers may include information such as pictures, product or service descriptions, geographical availability, quantity, pricing, and terms of sale. As the user is broadcasting, they can at any time deliver a call to action to their viewers which will allow for the instant purchase of the product or service. In addition, the offer may be saved by a viewer for purchase at a later time.
"We believe that the trillion dollar plus global e-commerce industry is ripe for disruption. Currently it relies on a 2D environment where consumers make purchasing decisions based on static images and text. We are planning to enable consumers to shop inside a thriving live commerce environment which allows for real time interaction and seamless purchasing," said Mark Itwaru, CEO of Keek. "This environment will empower sellers and buyers alike."
The Offer Box technology is currently in the late stages of development and testing and is expected to be launched inside the Peeks service in the coming weeks. The Company will provide further details regarding the Offer Box technology and its initial roll out closer to the launch date.
Keek also announced that, as part of its ongoing content growth strategy, and further to its press release dated November 14, 2016, it is bringing additional licensed content to the Peeks service. The additional content will include multiple full length titles including in-depth content focusing on celebrities such as Justin Bieber, Kanye West, Taylor Swift, Michael Jackson, Lebron James, Angelina Jolie, Steve Jobs and many more titles revolving around music, sports, celebrity, and business icons. The additional content will be included as part of the upcoming user interface upgrades.
The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Perfect! I've been waiting for a keekf board
22 trillion dollar social e commerce disruptor.
Great to see this board. There was another one at keekd that I have taken over and got fixed to be keekf guess there will be an American exchange board too
Keek Announces Issuance of Additional Securities
11/21/2016
TORONTO, ON -- (Marketwired) -- 11/21/16 -- Keek (TSX VENTURE: KEK)(OTCQB: KEEKF) today announced that in accordance with the Company's Stock Option Plan, options to purchase 1,955,000 common shares at an exercise price of $2.00 were granted by the Board of Directors on November 18, 2016. The options vest over a 12 month period as to 20% immediately and 20% every 3 months thereafter, and expire 5 years from the date of grant. The closing price of the Company's stock on the TSXV on November 17, 2016, was $1.40 and on November 18, 2016, was $1.68. Of the 1,955,000 options approved for grant, 665,000 were issued to directors and officers of the Company, and 1,290,000 were issued to employees and consultants.
"Keek is fortunate to have an exceptional group of engineers, developers, consultants, influencers, and many others, all working towards building a world class livestreaming social commerce service. They have added and continue to add an incredible amount of value to the Company, and this grant is to encourage and incentivize their continued invaluable contributions," said Mark Itwaru, CEO of Keek.
Keek also announced that it has received notices of option and warrant exercises which will result in the issuance of 820,500 common shares. In total, 520,500 warrants have been exercised at a price of $0.30 per share and 300,000 options have been exercised at a price of $1.12 per share, resulting in total gross proceeds of $492,150 being received by the Company.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
For further information, please contact:
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-
Keek Selects Los Angeles Based PMBC Group as Marketing and Media Partners
11/17/2016
TORONTO, ON -- (Marketwired) -- 11/17/16 -- Keek (TSX VENTURE: KEK)(OTCQB: KEEKF) today announced that it has engaged Los Angeles based PMBC Group ("PMBC") to lead its product marketing and media initiatives. PMBC is a leading technology PR firm with expertise in apps, e-commerce, fintech, and other key areas that form the core of Keek's corporate and business strategies. PMBC's efforts will be focused on the user growth and media awareness of the Peeks product, which has been gathering significant attention since its launch in October 2016. In addition to engaging PMBC, Keek is opening an office in Los Angeles to facilitate communications with key industry partners including celebrity influencers, brands, and media and entertainment companies.
"We are excited to be working with Peeks as they lead the social commerce revolution," said Ola Danilina, Chief Executive Officer and Founder of PMBC. "A social commerce enabled livestreaming platform, Peeks gives broadcasters the opportunity to sell physical and digital goods to viewers and partake in revenue sharing opportunities. We are proud to play a key role in the Peeks' story, as we generate significant media awareness with our comprehensive public relations campaign."
"We are thrilled to be working with PMBC, a proven technology PR industry leader. We are confident they will be instrumental in helping us achieve our goal of making Peeks a global brand," said Mark Itwaru, Chief Executive Officer of Keek. "The time to reinitiate marketing efforts has arrived and the product is ready for prime time. In addition, having a presence in California allows us to be on the ground with other industry leaders such as Facebook, Snapchat, and YouTube."
More information about PMBC can be found at www.pmbcgroup.com.
The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward-looking statements:
The information and statements in this news release contain certain forward-looking information regarding marketing and media awareness initiatives focused on the Peeks product and the establishment of a Los Angeles office space. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:
Keek Brings Licensed Content to the Peeks Service
11/14/2016
TORONTO, ON -- (Marketwired) -- 11/14/16 -- Keek (TSX VENTURE: KEK)(OTCQB: KEEKF) today announced that it has entered into a content licensing agreement for use in the recently launched Peeks Service. The agreement provides Keek with broadcasting and monetization rights to over 500,000 short form videos and over 1,000 daily videos including content from media industry leaders such as National Geographic, Reuters, CBC, Road & Track, HollyScoop, CelebWire, Seventeen, Esquire, MakerStudios, and others.
"We are very excited about this opportunity as it provides both our users with the highest quality content while also allowing us to demonstrate Peeks' ability to generate new transactional and advertising revenues for sophisticated content creators. As the Peeks service grows, we want to ensure we have a strong foundation for user engagement and retention. Providing access to relevant recent video content from major media outlets is a large part of this, however we are also focused on attracting the internet's top content producers and bringing professionally produced interactive live content to the platform," said Mark Itwaru, CEO of Keek.
The licensed content is expected to begin appearing inside the Peeks apps in January 2017, following the completion of a user interface ("UI") upgrade. The new UI will bring improved categorization to the platform and will replace the "explore" tool with a "discovery" tool to allow for improved content recommendation and additional featured content space. In addition, the new UI will include other changes to maintain and improve the user experience following the recent increase in activity on the service. The upgrades will take place in stages over the coming weeks.
The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.com.
For further information, please contact:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward looking statements:
The information and statements in this news release contain certain forward-looking information relating to the broadcasting of licensed content inside the Peeks service and the development and growth of the product including planned upcoming changes to the Peeks apps. The forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Source: Keek Inc.
Peeks Service Experiences 4,000% User Growth Following Launch
11/07/2016
TORONTO, ON -- (Marketwired) -- 11/07/16 -- Keek (TSX VENTURE: KEK)(OTCQB: KEEKF) today provided an update on the initial launch of the Peeks service. The Peeks service was launched as a beta product in August 2016, and the full service was launched on November 1, 2016. Peeks is described as "an ecommerce enabled livestreaming platform." The Peeks service allows users to livestream themselves on their own personal interactive ecommerce enabled mobile broadcast.
In the first few days following the full launch of the service, new registrations on Peeks were already averaging over 6,000 per day, an increase of approximately 4,000% from the beta product. The growth is being driven by a number of factors, including most notably, legacy Keek mobile users updating to new Peeks accounts, a number of early celebrity influencer programs, and through organic growth. In contrast, the enormously successful legacy Keek apps, which now exceed 75 million registered users, took approximately one year to reach similar daily registration levels. The Peeks service users found in the Peeks apps and included in these metrics do not include the significant user base still using the 36-second pre-recorded social video Keek products. A legacy Keek user must actively use the new Peeks service to be listed in the new app.
"We are thrilled that the adoption of the Peeks service is occurring so rapidly. The early flow of users and content has met our expectations. In response, we will be introducing additional regionalization and categorization tools very soon, which we feel will not only improve the user experience but also increase content generation as creators will be able to better target their desired audiences," said Mark Itwaru, CEO of Keek. "In these first few days we've already enjoyed thousands of livestreams from all over the world, seen some of our celebrity influencers receive hundreds of thousands of 'likes,' and most importantly, rapidly scaled a livestreaming social commerce platform with no downtime or service interruptions to either the streaming platform or the ecommerce engines. It's been an amazing first week."
Keek also announced that it has issued 2,236,500 common shares pursuant to the exercising of 2,000,000 warrants with an exercise price of $0.25 and 236,500 warrants with an exercise price of $0.30, resulting in total gross proceeds of $570,950 being received by the Company.
The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward looking statements:
The information and statements in this news release contain certain forward-looking information relating to the development and growth of the Peeks product as well as early user registration data which may be interpreted or applied as forward-looking information by a reader. While the initial uptake of the Peeks service has been strong, this data should not be relied upon to predict future performance nor does Keek guarantee that similar registration rates or growth trends will be maintained. In addition, the forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Warner Bros. Records to Utilize the Peeks Platform
10/31/2016
TORONTO, ON -- (Marketwired) -- 10/31/16 -- Keek (TSX VENTURE: KEK)(OTCQB: KEEKF) today announced that Warner Bros. Records will be utilizing the Peeks platform to showcase emerging artists. As part of the collaboration, featured emerging artists will be prominently positioned within the Peeks service, allowing users to have exclusive opportunities to interact directly with their favourite rising stars.
"We are excited to be showcasing new and emerging artists from Warner Bros. Records and believe the Peeks livestreaming platform combined with our schedule of original programming, which will include performances from emerging artists such as Dylan Gardner, can drive both awareness and a new fan base for both these artists and the Peeks platform," said Mark Itwaru, CEO of Keek.
Dylan signed a deal with Warner Bros. Records in 2014 before releasing his full-length debut "Adventures In Real Time." He logged 100-plus shows in support of the record, and its lead single, "Let's Get It Started," amassed 8 million-plus Spotify streams in a year's time. The record received plugs from Team Coco, Huffington Post, and YouTube superstars such as Shane Dawson and Joey Graceffa. Dylan Gardner's new single "Sign Language" will be released on November 11, 2016.
Dylan Gardner will be performing live tonight from the star-studded Halloween House Party event that will be exclusively streamed on the Peeks app (see press release dated October 25, 2016). The event guest list includes over 100 top celebrity influencers with a collective social media reach of over 50 million fans, and is providing the opportunity to showcase the new Peeks service on the ground as well as evaluate the capabilities of the service to broadcast a professionally produced live event. The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward-looking statements:
The information and statements in this news release contain certain forward-looking information relating to a future collaboration with a third party, as well as the timing, attendance, and broadcasting of a live event on October 31, 2016. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Keek Establishes New Entertainment Industry Relationships
10/27/2016
TORONTO, ON -- (Marketwired) -- 10/27/16 -- Keek (TSX VENTURE: KEK)(OTCQB: KEEKF) is excited to announce Toronto's own award winning radio host Todd Shapiro as a brand ambassador of the growing Peeks service. With over 15 years on Canada's airwaves, including his current Todd Shapiro Show on SiriusXM's Canada Laughs (Channel 168, weekdays 4-6pm) -- Shapiro will give his listeners a chance to view the "behind the mic" aspects of his radio show, on-air guests, events, and charitable initiatives he supports. As a media visionary, Shapiro sees the importance of Peeks' unique social commerce capabilities. "I'm excited to be working with Keek and the Peeks service," said Shapiro. "This fun and engaging platform and the social commerce aspects within it will bring new meaning towards selling products 'on-air' and can help expose sponsors to a larger audience in a cutting edge way."
Keek also announced a strategic relationship with DECOSTA Marketing which manages the digital presence of many A-list celebrities, like Will Smith and Kevin James. All together, DECOSTA clients have a collective reach of over 200 Million social media fans. DECOSTA Marketing is always seeking new entertainment partnerships with artist brands and will be managing influencer partnerships for the Peeks app.
"We are thrilled to have radio legend Todd Shapiro on the platform and look forward to bringing his livestreams to our audiences. We are also happy to have DECOSTA Marketing assisting with our influencer program, which is a key part of our growth model," Said Mark Itwaru, CEO of Keek.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward looking statements:
The information and statements in this news release contain certain forward-looking information. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Source: Keek Inc.
Keek Provides Additional Information on Upcoming Peeks Service Launch
10/20/2016
TORONTO, ON -- (Marketwired) -- 10/20/16 -- Keek (TSX VENTURE: KEK)(OTCQB: KEEKF) today provided additional information on the launch of the Peeks service inside the Keek apps, which is expected to occur on or before November 1, 2016. Peeks is described as "an ecommerce enabled livestreaming platform." Existing Keek users will receive the new service as an update directly to their mobile devices, without the need to download a new app. As part of the update, the existing Keek apps will adopt the name "Peeks."
"The service has been purpose built to sit perfectly at the intersection of social and commerce. The time is right and we are thrilled to be bringing livestreaming to the Keek audience. We're going to put this already highly praised and hot new service on millions of phones, and remind 75 million and growing consumers why the Keek platform was, is, and will always be their place to peek into each other's lives," said Mark Itwaru, CEO of Keek.
Keek users will maintain all of their core Keek history which they've built over their months or years using Keek, including their "followers" and who they "follow," their Keeks along with the view counts and like counts, their login methods, profile information, and more. In addition, as with the existing livestreams, historic Keeks will be able to receive likes and tips through a simple tap of the screen. All users will have their own mobile wallet inside the platform, and can start earning money for their past and future content immediately. Content has always been a target area for Keek, which has a catalogue of approximately 60 million videos uploaded to date.
The Peeks app will not be limited to transactions between users, with merchants being a target area for the future growth of the service. "Social commerce is not just about consumers, it involves businesses as well. With 50% of millennial spend occurring online, and 50% of millennials likely to make a purchase on a social network, merchant tools are a key part of our development cycle. Interactive livestreaming has placed us back at the forefront of social, and exciting upcoming merchant tools will place us at the forefront of social commerce," said Alex Macdonald, CFO of Keek.
The Peeks service remains publically available as a beta service in the iOS and Android app stores. Peeks is a mobile platform. Following the launch of the Peeks service, the popular Keek web platform will remain live for the enjoyment of Keek's many web users, and has now adopted the name "Peeks Video." Keek's Facebook Messenger app currently known as "Keek for Messenger" will adopt the name "Peeks for Messenger," and is currently undergoing advancements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward looking statements:
The information and statements in this news release contain certain forward-looking information relating to the implementation, timing, and replacement of the Keek services with the Peeks live-streaming services. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Source: Keek Inc.
Keek Provides Additional Information on Upcoming Peeks Service Launch
10/20/2016
TORONTO, ON -- (Marketwired) -- 10/20/16 -- Keek (TSX VENTURE: KEK)(OTCQB: KEEKF) today provided additional information on the launch of the Peeks service inside the Keek apps, which is expected to occur on or before November 1, 2016. Peeks is described as "an ecommerce enabled livestreaming platform." Existing Keek users will receive the new service as an update directly to their mobile devices, without the need to download a new app. As part of the update, the existing Keek apps will adopt the name "Peeks."
"The service has been purpose built to sit perfectly at the intersection of social and commerce. The time is right and we are thrilled to be bringing livestreaming to the Keek audience. We're going to put this already highly praised and hot new service on millions of phones, and remind 75 million and growing consumers why the Keek platform was, is, and will always be their place to peek into each other's lives," said Mark Itwaru, CEO of Keek.
Keek users will maintain all of their core Keek history which they've built over their months or years using Keek, including their "followers" and who they "follow," their Keeks along with the view counts and like counts, their login methods, profile information, and more. In addition, as with the existing livestreams, historic Keeks will be able to receive likes and tips through a simple tap of the screen. All users will have their own mobile wallet inside the platform, and can start earning money for their past and future content immediately. Content has always been a target area for Keek, which has a catalogue of approximately 60 million videos uploaded to date.
The Peeks app will not be limited to transactions between users, with merchants being a target area for the future growth of the service. "Social commerce is not just about consumers, it involves businesses as well. With 50% of millennial spend occurring online, and 50% of millennials likely to make a purchase on a social network, merchant tools are a key part of our development cycle. Interactive livestreaming has placed us back at the forefront of social, and exciting upcoming merchant tools will place us at the forefront of social commerce," said Alex Macdonald, CFO of Keek.
The Peeks service remains publically available as a beta service in the iOS and Android app stores. Peeks is a mobile platform. Following the launch of the Peeks service, the popular Keek web platform will remain live for the enjoyment of Keek's many web users, and has now adopted the name "Peeks Video." Keek's Facebook Messenger app currently known as "Keek for Messenger" will adopt the name "Peeks for Messenger," and is currently undergoing advancements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward looking statements:
The information and statements in this news release contain certain forward-looking information relating to the implementation, timing, and replacement of the Keek services with the Peeks live-streaming services. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Source: Keek Inc.
Keek Announces Amendment of Technology Agreement with Personas.com Corporation, Provides Update on Peeks App Launch Date
10/19/2016
TORONTO, ON -- (Marketwired) -- 10/19/16 -- Keek (TSX VENTURE: KEK)(OTCQB: KEEKF) today announced that it has amended the existing Technology Platform Licensing Agreement (the "Agreement") with Personas.com Corporation ("Personas"). Personas is a subsidiary of Riavera Corp., a significant shareholder of Keek. The Agreement formed the foundation for the product initiative "Peeks", a live-streaming service currently available for download in the iOS and Android app stores.
The Agreement, entered into in August 2015, granted Personas a non-exclusive license to use and enhance Keek's existing technology platforms to facilitate monetary transactions between users as well as between users and merchants. Pursuant to the original Agreement, Personas was to pay Keek a licensing fee equal to 10% of the gross revenue earned through the use of Keek's platform. Following the amendment, Keek will receive 30% of the gross revenue earned through the use of Keek's platform. In addition, Keek will obtain access to certain proprietary payment processing technology for use in existing and future ventures, under the same amended terms.
Keek also announced that further to its press release dated September 22, 2016, the Peeks service will be consolidated with the Keek apps on or before November 1, 2016. For additional information on the Peeks service, please see the Company's press releases dated April 15, 2016, and September 22, 2016, available on the Company's profile at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward looking statements:
The information and statements in this news release contain certain forward-looking information relating to the implementation, timing, and replacement of the Keek services with the Peeks live-streaming services. The information and statements in this news release also contain certain forward-looking information relating to the use of licensed third party payment processing technology as part of existing and future ventures and opportunities for Keek, some of which are not yet operational. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Source: Keek Inc.
Keek Provides Updates on Peeks Product Launch and Corporate Matters
04/15/2016
TORONTO, ON -- (Marketwired) -- 04/15/16 -- Keek (TSX VENTURE: KEK) (OTCQX: KEEKF) today provided updates on the Peeks livestreaming product, expected to be launched in July 2016 and preceded by an upcoming beta launch. Peeks is described as "an ecommerce enabled livestreaming platform." The Peeks service allows users to livestream themselves on their own personal interactive ecommerce enabled mobile broadcast. By simply tapping their screen, viewers inside Peeks can tip broadcasters real money, buy products and services, engage in crowd funding, participate in live auctions, and much more.
Peeks differentiates itself from its competitors in several ways. Peeks provides a real-time, engaging, and monetizeable user experience to all of its members. In addition, Peeks' enterprise grade global ecommerce infrastructure provides a multi-currency, multi-lingual, turnkey mobile commerce suite for all of its users, merchants, and advertisers alike.
The Peeks enabled Keek app, which will adopt the name "Peeks," will replace the legacy Keek iOS and Android apps in their respective app stores. Existing Keek mobile users will receive the update directly to their already installed Keek app and will access the product using their already existing Keek profiles. All existing Keek users can continue to engage in the activities they currently enjoy in Keek with the added benefits of being able to view and broadcast monetizeable livestreams. "Livestreaming is the future of social networking. We are upping the stakes by launching a purpose built, addictively engaging, and monetizeable platform, that allows all of our users to be their own wealth creators," said Mark Itwaru, Chairman and CEO of Keek.
In support of the upcoming Peeks launch, and as part of the core marketing strategy, Personas.com Corporation has contracted several dozen social influencers with an aggregate total of over 100 million social media followers to advertise the Peeks service to their existing user bases. These social influencers will be broadcasting live inside Peeks, giving their followers the highly desired opportunity to directly interact with them. In addition, Keek is engaging in a direct marketing "Peeks Awareness Campaign" to its existing 75 million registered users. Historically, Keek has been able to drive millions of registrations and reactivations with similar campaigns.
The Company also announced that it has had further success in its efforts to streamline its operations. The Company has reduced its monthly operating budget to approximately $200,000 per month, while continuing to allow for the maintenance of the existing platform, the preparation for the launch of the Peeks service pursuant to a Technology Licensing Agreement with Personas.com Corporation (see press release dated August 14, 2015), and certain financial and corporate activities.
"In anticipation of the Peeks product launch, the Company is shifting its near term business strategy towards quickly proving the economic viability of a mobile ecommerce enabled livestreaming platform. This process includes eliminating the operational reliance on external financing activities in the short term, to allow for future funding to be used for growth and value creation," said Alex Macdonald, CFO of Keek.
The Company also announced that in relation to recent Board, Management, and staffing changes, it has granted 2,305,000 options to certain insiders of the Company in accordance with the Company's Stock Option Plan. The options are exercisable at $0.30, vest over a 12 month period as to 20% immediately and 20% every 3 months thereafter, and expire 5 years from the date of grant.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward looking statements:
The information and statements in this news release contain certain forward-looking information relating to the implementation, timing, and roll out of the Peeks platform, including related products, services, functionalities, and third party involvements. This news release also contains certain forward-looking statements relating to budgeting and future business objectives. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:
Keek Inc.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Keek Announces Closing of Private Placement
03/28/2016
TORONTO, ON -- (Marketwired) -- 03/28/16 -- Keek (TSX VENTURE: KEK) (OTCQX: KEEKF) today announced that further to its press releases dated March 14, 2016, and March 21, 2016, it has closed the final tranche of its non-brokered private placement originally announced January 21, 2016. The Company issued an aggregate of 6,000,000 units at a price of $0.25 per unit, including 1,034,000 units issued to insiders of the Company, for total gross proceeds from this private placement of $1,500,000.
Each unit is comprised of one common share and one common share purchase warrant of Keek. Each warrant entitles the holder to purchase one common share of the company, at a price of $0.30 per share for a period of 12 months. The common shares issued pursuant to the private placement bear a 4 month hold period. The private placement proceeds will be used by Keek for the implementation of the licensing agreement with Personas.com Corporation, as well as for general corporate purposes. The Company paid aggregate finders fees of $23,475 to arm's length parties in relation to this private placement.
As a result of the completion of the private placement, the remaining $3,010,000 principal amount of 7% secured convertible notes due March 1, 2017, ($3,000,000 of which were held by Riavera Corp. ("Riavera"), a company controlled by Mark Itwaru, Chairman and Chief Executive Officer), as well as all accrued interest, automatically converted according to its terms, into common shares of Keek at a price of $0.25 per share. Principal and interest accrued on the notes to March 24, 2016, equaled $3,459,517 and resulted in the issuance by Keek of 13,838,067 common shares (of which, 13,792,333 were issued to Riavera). The common shares are subject to a four month hold period from the date of issue.
Following receipt of shareholder approval for the creation of a new control person on March 11, 2016, as a result of the conversion of the note held by Riavera and following the private placement, Mark Itwaru, Chairman and Chief Executive Officer, has control and direction over an aggregate of 17,826,333 common shares (representing 40.0% of Keek's outstanding common shares on an undiluted basis), 4,034,000 warrants to acquire common shares and 300,000 options to acquire common shares, representing in aggregate 45.4% of the outstanding common shares of Keek on a partially diluted basis. Neither Keek, nor to the knowledge of Keek after reasonable inquiry, Mr. Itwaru, have knowledge of any material information concerning Keek or its securities that has not been generally disclosed.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
For further information, please contact:
Keek
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Source: Keek Inc.
Keek Announces Closing of First Tranche of Private Placement
http://investor.keek.com/investor-relations/press-releases/press-release-details/2016/Keek-Announces-Closing-of-First-Tranche-of-Private-Placement/default.aspx
03/21/2016
TORONTO, ON -- (Marketwired) -- 03/21/16 -- Keek (TSX VENTURE: KEK)(OTCQX: KEEKF) today announced that further to its press releases dated January 21, 2016, and March 14, 2016, it has closed on the first tranche of its 6,000,000 unit non-brokered private placement. The Company issued 3,000,000 units at a price of $0.25 per unit, including 520,000 units issued to Riavera Corp. ("Riavera"), in this first closing for gross proceeds of $750,000. The Company is currently in the process of finalizing a second and final tranche, expected to be completed on March 24, 2016.
Each unit is comprised of one common share and one common share purchase warrant of Keek. Each warrant entitles the holder to purchase one common share of the company, at a price of $0.30 per share for a period of 12 months. The common shares issued pursuant to the private placement bear a 4 month hold period. The private placement proceeds will be used by Keek for implementation of the licensing agreement with Personas.com Corporation, as well as for general corporate purposes. The Company paid finders fees of $5,475 in relation to this first closing.
As a result of the completion of the private placement, the $3,000,000 principal amount of 7% secured notes due March 1, 2017 held by Riavera (the "Note"), as well as all accrued interest, will automatically convert according to its terms, into common shares of Keek at a price of $0.25 per share. Principal and interest accrued on the Note to March 24, 2016 (being the expected closing of the second and final tranche), will equal approximately $3,448,619 and would result in the issuance by Keek of approximately 13,794,476 common shares. The common shares will be subject to a four month hold period from the date of issue.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Forward looking statements:
The information and statements in this news release contain certain forward-looking information relating to the issuance of common shares and warrants pursuant to a private placement and the conversion of secured convertible notes. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:
Keek
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@keek.com
Source: Keek Inc.
Keek Names Mark Itwaru as Chairman and CEO; Provides Product and Corporate Updates
http://investor.keek.com/investor-relations/press-releases/press-release-details/2016/Keek-Names-Mark-Itwaru-as-Chairman-and-CEO-Provides-Product-and-Corporate-Updates/default.aspx
03/14/2016
TORONTO, ON -- (Marketwired) -- 03/14/16 -- Keek (TSX VENTURE: KEK) (OTCQX: KEEKF) today announced that Mark Itwaru has been named Chairman and CEO of Keek. Keek held an annual and special meeting of its shareholders on March 11, 2016, where the shareholders elected Mark Itwaru, William Lavin, Vincent McLeod, Ahmed Khan, and Fareed Amin to the Board of Directors. Itwaru was subsequently appointed as Chairman and Chief Executive Officer of Keek, replacing interim CEO Dimi Paun who remains as Chief Technology Officer.
"I am pleased to be joining Keek as Chairman and CEO at such a promising time," said Itwaru. "We are excited to be at the forefront of the birth of social commerce. The future is bright for the mobile video market and Keek is ideally positioned to transition to a live-streaming social commerce platform."
Keek also provided details on a proposed product launch date for a live streaming social commerce platform, developed by Personas.com Corporation. Personas.com and Keek entered into a technology licensing agreement in August 2015 (see press release dated August 14, 2015). The product will be operated as "Peeks". Peeks, anticipated to be launched in the second quarter of this year, is described as "a live, mobile, social ecommerce platform". Peeks uses mobile-first technology to provide content creators a platform to fully monetize their content, which is broadcast live through their phone's camera to audiences worldwide. By simply tapping the screen of their mobile devices, viewers can tip and "like" the broadcaster in real time, buy goods and services, crowd fund projects, bid on live auctions, subscribe to programming, and more. The Company will provide further product focused announcements in the near future.
The Company provided the results of the annual and special meeting of shareholders, details of which can be found in the Company's Management Information Circular dated February 5, 2016, available under the Company's profile at www.sedar.com. Seven (7) resolutions were tabled at the meeting, all of which were voted in favour of, including the approval for the amendment of the Corporation's by-laws to provide for advance notice requirements (see press release dated February 10, 2016), approval to change the name of the Company to such name as the Board may determine, the creation of Riavera Corp. ("Riavera") as a "Control Person" within the meaning of the rules and policies of the TSX Venture Exchange, and other more routine matters.
Following the results of the shareholder meeting, the Company now anticipates a closing in relation to the previously announced private placement (see press release dated January 21, 2016) by March 18, 2016. The private placement is expected to be up to 6,000,000 units at a price of $0.25 per unit to raise gross proceeds of $1,500,000. Each unit is comprised of one common share and one common share purchase warrant of Keek. Each warrant entitles the holder to purchase one common share of the company, at a price of $0.30 per share for a period of 12 months. The common shares issued pursuant to the private placement bear a 4 month hold period. The private placement proceeds will be used by Keek for implementation of the licensing agreement with Personas.com Corporation, as well as for general corporate purposes.
In addition, as a result of the proposed completion of the private placement, the $3,000,000 principal amount of 7% secured notes due March 1, 2017, held by Riavera (the "Note"), as well as all accrued interest, will automatically convert according to its terms, into common shares of Keek at a price of $0.25 per share. Principal and interest accrued on the Note to March 18, 2016, will equal approximately $3,445,167 and would result in the issuance by Keek of approximately 13,780,666 common shares. The common shares will be subject to a four month hold period from the date of issue.
Itwaru added: "Also, on behalf of the Board and the Company, I would like to thank John Jussup and Gerry Feldman for their contributions to the Company throughout a number of transitionary periods over the past two years." Former Chairman John Jussup and Director Gerry Feldman prominently served on the Board of Directors of Keek from March 2014 until the recent shareholder meeting. "I would also like to thank Dimi Paun for his contributions as interim CEO. Dimi has aptly managed the company through a very difficult period. His contributions are much appreciated and I look forward to working with him."
Keek Announces Private Placement and Proposed Debt Conversion
http://investor.keek.com/investor-relations/press-releases/press-release-details/2016/Keek-Announces-Private-Placement-and-Proposed-Debt-Conversion/default.aspx
01/21/2016
TORONTO, ON -- (Marketwired) -- 01/21/16 -- Keek Inc. (TSX VENTURE: KEK) (OTCQX: KEEKF), a leading global mobile video social network featuring a unique 36 second video format with over 75 million registered users, today announced it proposes to complete a non-brokered private placement of up to 6,000,000 units at a price of $0.25 per unit to raise proceeds of $1,500,000. Each unit is comprised one common share and one common share purchase warrant of Keek. Each warrant entitles the holder to purchase one common share of the company, at a price of $0.30 per share for a period of 12 months. The common shares issued pursuant to the private placement bear a 4 month hold period. The private placement proceeds will be used by Keek for implementation of the licensing agreement with Personas.com Corporation, as well as for general corporate purposes.
Riavera Corp. ("Riavera") has agreed to purchase 4,000,000 Units under the private placement at a price of $1,000,000, subject to receipt of shareholder approval for the creation of Riavera as a control person of Keek. Keek proposes to hold an annual and special shareholders' meeting on March 11, 2016, to seek approval for the creation of Riavera as a control person, among other more routine matters. Keek proposes to close the private placement immediately following the shareholders' meeting, subject to receiving an affirmative vote from shareholders.
In addition, as a result of the completion of the private placement, the $3,000,000 principal amount of 7% secured notes due March 1, 2017 held by Riavera (the "Note"), as well as all accrued interest, will automatically convert according to its terms, into common shares of Keek at a price of $0.25 per share. Principal and interest accrued on the Note to March 11, 2016 (being the expected closing of the private placement), will equal approximately $3,441,083 and would result in the issuance by Keek of approximately 13,764,332 common shares. The common shares will be subject to a four month hold period from the date of issue.
Prior to giving effect to the current private placement, Riavera, together with its subsidiary, Personas.com Corporation, currently owns or controls, 3,000,000 common shares of Keek (representing 12.3% of Keek's outstanding common shares on a undiluted basis), 3,000,000 warrants each exercisable to purchase one Keek common share, 300,000 options each exercisable to purchase one Keek common share and the Note. Following conversion of the Note and completion of the proposed private placement, Riavera will own or control 20,764,332 common shares (representing 49.26% of Keek's then outstanding common shares on an undiluted basis), 7,000,000 warrants each exercisable to purchase one Keek common share and 300,000 options each exercisable to purchase one Keek common share, representing in aggregate, 56.74% of the outstanding common shares of Keek on a partially diluted basis. Riavera has provided an undertaking to the TSX Venture Exchange ("TSXV") that it will not exercise any of its securities so as to become a control person of Keek until Keek has obtained shareholder approval for same.
Both the proposed private placement of 4,000,000 Units and the debt conversion pursuant to the Note are subject to acceptance from the TSXV.
Keek also announces the appointment of Fareed M. Amin to the board of directors and the resignation of Ron Hulse. The board of directors thanks Mr. Hulse for his dedication over the past year, and looks forward to our continued involvement with Mr. Hulse as he oversees the roll out of the Trivia4Good app.
Mr. Amin has over 26 years of distinguished service in the public sector. Mr. Amin held progressively responsible positions in the Government of Ontario including Deputy Minister and Assistant Deputy Minister of Energy and infrastructure; Agriculture, Food and Rural Affairs; Municipal Affairs and Housing; Consumers Services; Economic Development and Trade; Citizenship and Immigration; intergovernmental affairs; and Small business and Entrepreneurship.
About Keek
Keek is a leading mobile video social network with over 75 million registered users. Keek is easy to use, fast and personal. With Keek, members around the world create and interact with videos up to 36 seconds in length and 111 characters of accompanying text, in either public or private views. Keek makes it simple for anyone to instantly create, distribute, discover and react to content in real-time across mobile devices and the web. The Keek app is available in over 190 countries across 6 global regions, and in 36 languages.
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