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The news cannot be released until approved by regulators!
not sure, I picked up a few the other day and had no idea big news was coming!
Any idea on what news?
$PEEKS $PKSLF IIROC Trading Halt PEEK Pending News
http://iiroc.mediaroom.com/index.php?s=2429&item=150855
From the KPIs released to date, we see "User Sessions", and "Monthly Revenue" amongst other metrics for each month.
User Sessions grew from 405k in Nov to ~2mm in May, good for a compounded monthly growth rate of 30.27%
Peeks' TOTAL revenue for the 7 months from Launch in November 2016 to May 2017 was $518,326.67, growing at a compounded monthly growth rate of 55.92%.
From the MD&As, we know that approx. 35% of each dollar transacted in this app results in Revenue. So we know $518,328.67 / 0.35 = ~ $1,500,000 in transactions. For the sake of this analysis, we can consider this to be an equivalent to “in-app purchases” (continue reading below as I’ll compare this to a couple competitors).
From Prioridata.com, Live.me in its first 7 months from launch on the Google Play Store in Nov 2015 to June 2016 had a whopping $56,200 in "in-app purchases", and that's not even revenue considering the split b/w broadcasters and the fact that revenue is struck once the money is spent in the app. So we know revenues were far less than $56,200. iOS data is unavailable for this period, but it is safe to assume, that even IF iOS “in-app purchases” for live.me for this same period is even double that of Android, it is still nowhere near what Peeks made. I’ll let you do the math yourselves here.
Periscope's revenue in its first 7 months of launch was a whopping $0 on both Android and iOS devices, and yet after years since launch, they are not monetizing to the level of Peeks. Doesn’t take a genius here to know that the “in-app purchases” was a whopping $0 as well.
Peeks made money in its "beta" phase, has additional revenue generating features coming out, has brands to announce as per latest press release, and an ad network launching all which will monetize better than any competitor.
Oh, and btw,
Live.me (Cheetah Mobile) valuation? 1.5 Billion USD. Periscope acquired by Twitter in 2014 Pre-Launch for $100 Million USD.
Need I say more?
App Ranking - PEEK #15 Grossing in USA - Ahead of Periscope
Here are the App Annie Rankings Below. As noted in the Press Release from Sept 5th:
"Peeks Social app has risen in the United States to the 15th top grossing social app on the Google Play Store. The app is also rapidly approaching the top 100 overall grossing apps on the Google Play Store out of approximately 3 million apps available for download in the United States."
PEEK Google Play ranking:
http://i68.tinypic.com/v4tfde.jpg">http://i68.tinypic.com/v4tfde.jpg" />[/img]
If you take a look at the total rankings, it is ranked in the top 60 Grossing Rankings on the Google Play Store for Social Networking Applications in over 70 countries.
PEEK iOS App Store ranking:
Peeks is ranked number 33 in Grossing Rankings for Social Networking Apps in the USA. Peeks is ranked in over 120 countries in the "Ranks" Category and it is ranked in 60 countries on the Grossing Rankings.
You can take a look at App Rankings yourselves using multiple sources such as App Annie, App Brain, etc.
Competitor Periscope is ranked 130 in Grossing in the USA for iOS, nearly 100 spots lower than Peeks and Ranked 23rd in Social Networking Applications on the Google Play store in the USA, and 8 spots lower than Peeks.
Now, Peeks has a significantly smaller user base, yet Grossing higher than one of the largest Social Networks in Periscope.
As Peeks scales up its user base, it is proven that the monetization model works to bring in revenue much larger than its peers.
Valuation metrics for peeks Social is way below value. Revaluation is starting to take place. Also looks like lots of news is starting to pour out from the company.
I think the next thing that can make this move really hard and fast is the merger between Persona and Peeks Social. Hopefully we hear about that in the next few days.
No problem, it's up again today even with low volume.
PKSLF is up 33% over the last two trading sessions on real light volume. Looks like if volume starts to pick up we could see a nice runner imo.
Thx, interesting view
Looks like re-evaluation in the making. We may have seen the bottom put in. Reversal looks to be under way. With many more great things to happen next week and along in Oct.
TORONTO, Oct. 11, 2017 (GLOBE NEWSWIRE) -- Peeks Social Ltd. (PEEK.V) (PKSLF) ("Peeks Social" or "the Company") is pleased to welcome a number of top influencers from the Busker Live Streaming app to the Peeks Social platform, including Busker's number one streamer Aaron Haber, freestyle rapper phenom Fabe Luciano, and American Idol contestant Mary Desmond. These influencers have been experimenting with the Peeks Social app over the past few weeks, and have now partnered with the Company to bring their engaging content and active following to the Peeks Social platform.
The Company would also like to welcome professional athlete Zach Boychuk to the Peeks Social platform. Zach is a Canadian professional hockey player who was a first round draft pick in the 2008 NHL entry draft. Zach is currently in his 8th pro season playing for Sibir NovoSibirsk. Zach has previously played for the Carolina Hurricanes, Pittsburgh Penguins, and Nashville Predators. He is a two-time gold medalist for Team Canada at the World Junior Championships. Zach will be promoting Peeks Social to his one million social media followers.
As the Company works towards its next commerce based evolution, it is placing a large emphasis on user retention with the introduction of new content created by talented broadcasters from across the globe.
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.
Peeks Social Platform Produces 30 Million Screen Views in August
9/14/17, 7:00 AM
TORONTO, ON -- (Marketwired) -- 09/14/17 -- Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) today announced that the Peeks Social app reached 30 million screen views in the month of August. A screen view is the mobile equivalent of a page view. Upon reaching this milestone the Company announced the appointment of advertising executive Rick Padulo to its advisory board. Mr. Padulo is the founder of Padulo Integrated Inc. His clients represent several billion dollars in advertising spend in both traditional and non-traditional media. He is an expert Marketer and a published author. Rick's published books include I Can Get It For You Retail: Down and Dirty Tales from a Canadian Ad Man. His company was voted one of the 50 Best Managed Private Companies in Canada. Rick has been selected as Entrepreneur of the Year, Marketer of the Year and was recently inducted into the Marketing Hall of Legends by the American Marketing Association. Rick will advise management and the board on the structuring and organization of the Company's advertising sales division and grant guidance on the Company's advertising sales strategies and marketing efforts.
The Company is also pleased to announce the upcoming release of three of its advertising and sales services: the Peeks Ad Share Network; the Peeks Get Popular Service; and a new updated version of the OfferBox. All three services are expected to be deployed in the upcoming weeks along with a supporting user interface ("UI"). The new UI will allow an average of 3.5 advertising impressions per screen view on applicable screens.
The Peeks Ad Share Network is a service that will match hash tagged stream titles to potential sponsors. Broadcasters will be prompted to select sponsors for their streams and receive a portion of the advertising revenues earned by the Peeks Social platform. This service will allow users to monetize their popularity without requiring them to sell their own goods or services nor requiring them to receive tips. The Company will also match brands with influencers whose social media following reaches the brand's desired target market.
The Peeks Get Popular service is a user focused self-promotion tool which will allow users to purchase advertising units for them or their content to be featured in certain positions in the Peeks Social app's Popular, Live, Channels, and similar pages.
The updated Peeks OfferBox technology is an interactive advertising delivery system that allows users and brands to run context sensitive ads on broadcaster streams. The current user focused free trial of the OfferBox will end and be replaced with a paid version of the service. The new version will require users to purchase advertising unit packages to run ads. Payment processing services related to offers will be restricted to brands and approved broadcasters.
"I am extremely pleased to be involved with Peeks because it's a best of breed! Peeks represents a quantum leap forward in digital advertising that will positively disrupt the market place. Peeks is preemptively providing the most attractive, effective, and efficient destination for digital advertising spend. If your media folks aren't looking at this someone better ask them 'why the hell not,'" said Rick Padulo, founder of Padulo Integrated Inc. and advisor to Peeks Social Ltd.
The Peeks Social 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 development, functionality, and deployment of certain functionalities of the Peeks Social livestreaming product, including assumptions regarding third party adoption and use. 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. Peeks Social Ltd.'s forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Peeks Social Ltd. undertakes no obligation to publicly update or revise any forward-looking information.
Peeks Social Ltd.Mark ItwaruChairman & Chief Executive Officer647-992-7727mark@peeks.com
Source: Peeks Social Ltd.
Peeks Social Ltd. Announces Financial Results for the Three Months Ended May 31, 2017
7/31/17, 8:34 PM
TORONTO, ON -- (Marketwired) -- 07/31/17 -- Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) ("Peeks" or "the Company") is pleased to announced that it has reported licensing revenue derived from the Peeks Social platform of $102,914 for the three months ended May 31, 2017. Early stage licensing revenues generated from the Peeks Social platform have increased to $102,914 in Q1 2018 from $49,150 in Q4 2017 and $3,434 in Q3 2017. The increase represents a 109% increase quarter-over-quarter from Q4 2017 to Q1 2018. The Company has a fiscal year end of February 28. The Peeks platform was launched in November 2016.
The Company also announced that the unaudited Financial Statements and Management's Discussion and Analysis ("MD&A") for the first quarter ended May 31, 2017, are now available on the Company's profile on SEDAR (www.sedar.com). Certain information provided in this news release is extracted from these documents and should be read in conjunction with them. It is only in the context of the fulsome information and disclosures contained in the unaudited Financial Statements and MD&A that an investor can properly analyze this information.
Q1 2018 represents the three months ended May 31, 2017. Select highlights from the quarter include the following:
Q1 2018 total revenue was $103,144 as compared to $25,901 for Q1 2017. Revenues of the comparative period related solely to advertisements on the now retired Keek products.
Q1 2018 net loss was $1,889,327 as compared to $973,380 for Q1 2017. Net loss for Q1 2018 includes $626,972 of stock-based compensation, $1,016,787 of marketing expenses, and was offset by gains on settlement of debts of $305,975 (Q1 2017 - $215,750, $51,376, and $39,135 respectively).
Q1 2018 net loss per share was $0.03 as compared to $0.02 for Q1 2017.
Q1 2018 cash balance was $6,232,689 as compared to $517,043 for Q1 2017.
"We are very pleased with the continued performance of the Peeks Social platform. In our first few months we have seen strong and steady growth," said Mark Itwaru, CEO of Peeks Social Ltd. "Our users are transacting with each other every day inside the platform, with approximately $1.5 million (gross) of transactions between users in the first seven months alone. We continue to fine tune the service to maximize the amount of money generated on a per-user basis. Several new revenue generating features will appear in the service in the upcoming months. We are also investing heavily in marketing to amplify the growth; I look forward to seeing that reflected in the next several quarters' revenue."
The Peeks Social platform charges a "platform fee" on transactions between users. Pursuant to a technology licensing agreement with Personas.com Corporation, the Company currently generates licensing revenue from the Peeks Social platform equal to 30% of the gross profit generated from the Peeks Social platform. The Company intends to pursue the acquisition of all underlying intellectual property and technology assets relating to the Peeks Social platform in order to acquire an up to 100% interest in the product (see press release dated July 25, 2017).
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 potential asset acquisition or similar transaction which has not yet been structured or committed to, as well as statements relating to the impact of marketing expenditures on future revenues. 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. Peeks Social Ltd.'s forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Peeks Social Ltd. undertakes no obligation to publicly update or revise any forward-looking information.
Image Available: http://www.marketwire.com/library/MwGo/2017/8/1/11G143497/Images/Peeks_Social_Ltd._Licensing_Revenue_by_Month-1a94570f588980eb9dcd666885c459d5.JPG
For further information, please contact:Peeks Social Ltd.Mark ItwaruChairman & Chief Executive Officer647-992-7727mark@peeks.com
Source: Peeks Social Ltd.
Peeks Social Ltd. Announces Financial Results for the Three Months Ended May 31, 2017
7/31/17, 8:34 PM
TORONTO, ON -- (Marketwired) -- 07/31/17 -- Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) ("Peeks" or "the Company") is pleased to announced that it has reported licensing revenue derived from the Peeks Social platform of $102,914 for the three months ended May 31, 2017. Early stage licensing revenues generated from the Peeks Social platform have increased to $102,914 in Q1 2018 from $49,150 in Q4 2017 and $3,434 in Q3 2017. The increase represents a 109% increase quarter-over-quarter from Q4 2017 to Q1 2018. The Company has a fiscal year end of February 28. The Peeks platform was launched in November 2016.
The Company also announced that the unaudited Financial Statements and Management's Discussion and Analysis ("MD&A") for the first quarter ended May 31, 2017, are now available on the Company's profile on SEDAR (www.sedar.com). Certain information provided in this news release is extracted from these documents and should be read in conjunction with them. It is only in the context of the fulsome information and disclosures contained in the unaudited Financial Statements and MD&A that an investor can properly analyze this information.
Q1 2018 represents the three months ended May 31, 2017. Select highlights from the quarter include the following:
Q1 2018 total revenue was $103,144 as compared to $25,901 for Q1 2017. Revenues of the comparative period related solely to advertisements on the now retired Keek products.
Q1 2018 net loss was $1,889,327 as compared to $973,380 for Q1 2017. Net loss for Q1 2018 includes $626,972 of stock-based compensation, $1,016,787 of marketing expenses, and was offset by gains on settlement of debts of $305,975 (Q1 2017 - $215,750, $51,376, and $39,135 respectively).
Q1 2018 net loss per share was $0.03 as compared to $0.02 for Q1 2017.
Q1 2018 cash balance was $6,232,689 as compared to $517,043 for Q1 2017.
"We are very pleased with the continued performance of the Peeks Social platform. In our first few months we have seen strong and steady growth," said Mark Itwaru, CEO of Peeks Social Ltd. "Our users are transacting with each other every day inside the platform, with approximately $1.5 million (gross) of transactions between users in the first seven months alone. We continue to fine tune the service to maximize the amount of money generated on a per-user basis. Several new revenue generating features will appear in the service in the upcoming months. We are also investing heavily in marketing to amplify the growth; I look forward to seeing that reflected in the next several quarters' revenue."
The Peeks Social platform charges a "platform fee" on transactions between users. Pursuant to a technology licensing agreement with Personas.com Corporation, the Company currently generates licensing revenue from the Peeks Social platform equal to 30% of the gross profit generated from the Peeks Social platform. The Company intends to pursue the acquisition of all underlying intellectual property and technology assets relating to the Peeks Social platform in order to acquire an up to 100% interest in the product (see press release dated July 25, 2017).
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 potential asset acquisition or similar transaction which has not yet been structured or committed to, as well as statements relating to the impact of marketing expenditures on future revenues. 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. Peeks Social Ltd.'s forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Peeks Social Ltd. undertakes no obligation to publicly update or revise any forward-looking information.
Image Available: http://www.marketwire.com/library/MwGo/2017/8/1/11G143497/Images/Peeks_Social_Ltd._Licensing_Revenue_by_Month-1a94570f588980eb9dcd666885c459d5.JPG
For further information, please contact:Peeks Social Ltd.Mark ItwaruChairman & Chief Executive Officer647-992-7727mark@peeks.com
Source: Peeks Social Ltd.
$PKSLF: Wow... Jen Selter is all over this PEEKS
1 Million Twitter Followers.
Unbelievable.
https://peeks.app.link/JenSelter
$PKSLF
Peeks Social Ltd. Establishes Independent Special Committee of the Board to Explore Acquisition of Personas.com Assets
7/25/17, 7:00 AM
TORONTO, ON -- (Marketwired) -- 07/25/17 -- Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) ("Peeks" or the "Company") is pleased to announce that it has established an independent special committee of its Board of Directors to explore and seek to negotiate the potential acquisition of certain assets of Personas.com Corporation ("Personas") pertaining to the Peeks Social service which are currently governed by a technology platform licensing agreement.
Peeks entered into a technology licensing agreement with Personas on August 14, 2015, pursuant to which Personas agreed to pay the Company a licensing fee equal to 10% of the gross revenue earned by Personas through the use of the Company's platforms (the "Licensing Agreement"). The Licensing Agreement was subsequently amended in October 2016 to increase the licensing fee payable to the Company from 10% to 30% of the gross revenues earned by Personas through the use of the Company's platforms. The Licensing Agreement formed the foundation for the product initiative "Peeks Social", a live-streaming social commerce service currently available for download in the iOS and Android app stores.
The Company's goal and the mandate of the independent special committee is to pursue the acquisition of the underlying intellectual property and technology assets relating to the Peeks Social product in consideration for a compensation package to be negotiated between the Company and Personas. If successful, the acquisition of the licensed technology supporting the Peeks Social product would result in the Company having an up to 100% interest in the Peeks Social product.
Personas is a private company controlled by Mr. Mark Itwaru, Chairman & CEO of the Company, and a subsidiary of Riavera Corp., a significant shareholder of the Company, which collectively own an aggregate of 18,602,388 common shares of the Company, representing 30.0% of the issued and outstanding shares of the Company. As a transaction between the Company and Personas may be considered to be a "related-party transaction" pursuant to the rules of the TSX Venture Exchange and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions, any such agreement between the Company and Personas for the Company to acquire assets relating to the Peeks Social product may be subject to minority shareholder approval, as well as TSX Venture Exchange approval. Mr. Itwaru has recused himself from the negotiations as a result of his interest in Personas.
There can be no assurance that this exploration process between the Company and Personas will result in any transaction. There is no set timetable with respect to the independent special committee's review, and the Company may not make further public comment regarding these matters unless and until the independent special committee approves a specific action or otherwise concludes its review.
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 news release.
Forward-Looking statements:
The information and statements in this news release contain certain forward-looking information relating to a potential asset acquisition or similar transaction which has not yet been structured or committed to. 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. Peeks Social Ltd.'s forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Peeks Social Ltd. undertakes no obligation to publicly update or revise any forward-looking information.
For further information, please contact:Peeks Social Ltd.Mark ItwaruChairman & Chief Executive Officer647-992-7727mark@peeks.com
Source: Peeks Social Ltd.
Peeks Social Ltd. Retains Hybrid Financial for Strategic IR Initiatives
7/21/17, 5:00 AM
TORONTO, ON -- (Marketwired) -- 07/21/17 -- Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: PKSLF) today announced that it has retained the services of Hybrid Financial Inc. for strategic investor relations initiatives. The initiatives will include marketing, distribution, and branding services for the Company with a specific focus on elevating the Company's profile via brokers in the United States and Canada.
Pursuant to the agreement Hybrid Financial will receive a monthly retainer of $12,500. The agreement commences August 1, 2017, for an initial term of three months, following which the agreement may be renewed by Peeks Social Ltd. on a month-to-month basis.
Launched in 2011, Hybrid Financial has a team of 55 professionals operating in Toronto and Montreal. With a proprietary database of over 300,000 U.S. and Canadian brokers, Hybrid Financial's team members have structured and sold over $10 billion of investment products and the firm has raised over $2 billion on behalf of clients in the past 24 months. Additional information about Hybrid Financial can be found at www.hybridfinancial.com.
Hybrid Financial Inc. does not have any interest, directly or indirectly, in Peeks Social Ltd. or its securities, or any right or intent to acquire such an interest.
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:Peeks Social Ltd.Mark ItwaruChairman & Chief Executive Officer647-992-7727mark@peeks.com
Source: Peeks Social Ltd.
Peeks Share Ownership
Knowledge is power and the internet can be a very powerful tool.
There is a voluntary canvas in the FB group.
The data provided will give investors a visual representation via (Pie Chart) of the share ownership structure.
The chart will be labelled as such:
*Mark Itwaru
*Private Investors Holding
*FB Investors Group
*Assumed Open Shares
For interested, search: Peeks Social Investor Group
The 18+ Section was never taken down.
Step 1: Swipe screen to view "Help" tab in your menu.
Step 2: Click "How do I turn 18+ content on?"
Step 3: Enjoy!
KEEKF changed to PKSLF:
http://otce.finra.org/DLSymbolNameChanges
Forbes Top Fitness Influencer Jen Selter Joins Peeks
5/24/17, 7:00 AM
TORONTO, ON -- (Marketwired) -- 05/24/17 -- Peeks Social Ltd. (TSX VENTURE: PEEK) (OTCQB: KEEKF) is pleased to announce that it has reached an agreement with celebrity influencer Jen Selter. Jen will be leveraging the Peeks platform to give her 11 Million+ social media fans the opportunity to interact with her through live video and will be using Peeks as her premier livestreaming outlet to showcase behind the scenes content and eventually coordinate strategic brand placement opportunities through the OfferBox.
As a top ranking social influencer with a very high engagement level, Jen is also an entrepreneur and involved with many brands. The Peeks teams will be working with Jen's management team and with her brands to create a Jen Selter Live Home Shopping experience on Peeks. The Company is excited to have Jen on board and she is gearing up towards her first livestream in the coming days.
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.
For further information, please contact:Peeks Social Ltd.Mark ItwaruChairman & Chief Executive Officer647-992-7727mark@peeks.com
Source: Peeks Social Ltd.
Peeks Announces "The Peeks Toronto Carnival"
5/23/17, 7:00 AM
May 23, 2017 08:00 AM ET (BZ Newswire) -- ContractsPeeks Announces "The Peeks Toronto Carnival"
Peeks Announces "The Peeks Toronto Carnival"
TORONTO, ON--(Marketwired - May 23, 2017) - Peeks Social Ltd. (TSX:PEEK) (OTCQB:KEEKF) is pleased to announce that it has reached a multi-year agreement with The Toronto Caribbean Carnival (formerly known as The Scotiabank Toronto Caribbean Carnival and colloquially known as Caribana) to be its premier sponsor and to have the full naming rights to the entire Carnival which will be referred to as "The Peeks Toronto Caribbean Carnival". The Toronto Caribbean Carnival (the "Carnival"), launched in 1967 as part of Canada's centennial celebrations, will be celebrating its 50th anniversary this year and remains one of North America's largest cultural events with tens of millions of fans globally and over one million participants in the annual parade. The Carnival is a four day event that consists of a day-long "Rio Carnival-like" parade adorned with elaborate floats, bands, costume clad revellers, and several peripheral events. The objectives of the Company are to significantly heighten the profile of the Peeks product to the tens of millions of Carnival fans and to work with both the Festival Management Committee (the "FMC") and the City of Toronto to elevate the prestige of the event to an internationally acclaimed must attend event. The Company will assist the FMC in our joint objectives of growing and diversifying the attendee base of the Carnival. Peeks will bring its full suite of services to bear for the event, including celebrities, social influencers, advertising sales, payment services, and of course, professional grade multi-camera livestreaming. "We look forward to working with Peeks to cultivate a new global online audience and to generate new revenues for the many artists, performers, charities, and community groups that participate in the Carnival," said Denise Herrera-Jackson, CEO of the Festival Management Committee. "We are excited to be the Named sponsor of the largest cultural event in Canada and one of the largest cultural events in North America. As Peeks is an international service with users in well over 100 countries, it is befitting for us to be the name attached to an inclusive event in the multicultural city of Toronto. It is exciting to have our name known by tens of millions of people worldwide and have the opportunity to demonstrate how Peeks can monetize any major event in a manner that improves the attendance, experience, and economics of any major cultural event such as the Carnival. Fans will be able to view all aspects of the event from preparation to parade day with a unique total 360 immersive event experience," said Mark Itwaru, Chairman and CEO of Peeks Social Ltd.The Peeks Toronto Caribbean Carnival will have a dedicated channel on the Peeks network and users can download the free Peeks app to view livestreams of the 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.
For further information, please contact:Peeks Social Ltd.Mark ItwaruChairman & Chief Executive Officer647-992-7727mark@peeks.com
Copyright 2017 Benzinga (BZ Newswire, http://www.benzinga.com/licensing). Benzinga does not provide investmentadvice. All rights reserved.
Write to editorial@benzinga.com with any questions about this content. Subscribe to Benzinga Pro (http://pro.benzinga.com).
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Don't understand the market makers
Anybody out there? Where did the Peek Stockhouse Board Forum move to? The one with all the Canucks on it? KEEK.V?
TIA
Bottom is in, looks like the buying came in strong today.
Crowdfunding update now available for Android and IOS. News release coming soon.
Good time to pick up some cheap shares before the ramp up.... picked more up this am @ .885.
PEEKS name is quite catchy.....
GLTA
Nuke
Keek Inc. changed to Peeks Social Ltd.
http://otce.finra.org/DLSymbolNameChanges
Apple IOS update is out!
Keek Inc. Announces Inclusion in the 2017 TSX Venture 50, Provides Product Update
Marketwired MarketwiredFebruary 9, 2017
Keek Inc. Announces Inclusion in the 2017 TSX Venture 50, Provides Product Update
Keek Inc. (TSXV: KEK; OTCQB: KEEKF) has been included in the 2017 TSX Venture 50 and has been named the number one overall company in the Technology sector.
TORONTO, ON--(Marketwired - February 09, 2017) - Keek Inc. (TSX VENTURE: KEK) (KEEKF) today announced that it has been selected for inclusion in the 2017 TSX Venture 50, a ranking of the top performers on the TSX Venture Exchange. The Company is also very pleased to announce that it has been named the number one company overall in the Technology sector.
"We are very proud of this achievement and feel it is a reflection of the hard work and dedication of our entire team over the last year. We are striding towards an equally successful year ahead, and recognize the value and support of the TSX Venture Exchange and our shareholders in helping us achieve continued success and growth," said Mark Itwaru, CEO of Keek Inc.
The TSX Venture 50 ranking is comprised of ten companies from each of the five industry sectors of the TSX Venture Exchange, being: Clean Technology and Life Sciences, Diversified Industries, Mining, Oil & Gas, and Technology. TSX Venture 50 companies are selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume. The TSX Venture Exchange has advised the Company that it will be marketing the TSX Venture 50 rankings across Canada and around the world, and will be posting a video profile about Keek Inc. later this month. These materials will be available at www.tmxmoney.com.
The Company also announced that further to its press release dated January 17, 2017, it continues to work with Apple towards releasing the updated Peeks app with the new user interface on the iOS platform. The two concerns originally cited by Apple for the exclusion of the Peeks app from the App Store, being: 1) Improvements to control the display of user generated content of a mature nature; and 2) The addition of in-app purchase capabilities, are no longer cited as concerns. However, the release of the new app has been delayed relating to other identified technical issues, which the Company is addressing swiftly. Existing iOS users are not experiencing any service disruption. New iOS downloads and registrations will remain unavailable until such time as the upgraded Peeks iOS app receives approval from Apple. The Company anticipates the iOS app will be available promptly and will issue a press release upon the receipt of Apple's approval or as other significant developments occur. The Peeks Android app is unaffected and is available in the Google Play Store.
The Company also announced that it has issued 540,000 common shares pursuant to the exercising of 291,000 warrants with an exercise price of $0.30 and 249,000 options with an exercise price of $0.30, resulting in total gross proceeds of $162,000 being received by the Company.
The website added a login feature where you can access the app via website
Why the 18% spike yesterday on no news?
TIA,
Nuke
KEK IS READY TO FALL OFF THE CLIFF
No doubt, any of those will be great. I just wonder if it will be on air... this chart is starting to look quite powerful with this support that floods in, we may start seeing it move from that point of view... jmo, either way, happy to be here
All it will take is one of the following; Apple approval, Offer Box release, or celebrity endorsement... then BOOM, in my opinion. I agree it could be a huge move.
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