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REC*IT app takes a lap at CSULB’s Student Wellness and Recreation Center
Students can use REC*IT app to learn more about sports and other activities on campus.Michael Ares The REC*IT app provides students with up-to-date sports related news as well as notifications catering to a user’s interests. Ruben Diaz, Contributing WriterFebruary 2, 2015Don’t sweat it – the smart phone app REC*IT is now available for California State University, Long Beach students to plan their active lifestyles. President of REC*IT David Oestreicher said that his app aims to coach students with their involvement in on-campus classes and intramurals by keeping their heads in the game when they’re not in class. The Student Recreation and Wellness Center at CSULB can now provide students with information regarding sport-related happenings through the app, such as live scores and team schedules. In addition, the app allows users to communicate with team members and receive notifications that will be catered to their interests, Oestreicher said. “If you’re interested in yoga, then you can set up notifications for yoga,” Oestreicher said. “If there is a new yoga class, then you will receive an update about the class.” The app is available for iOS, Apple Inc.’s phone and tablet operating system, and Android, Google’s phone and tablet operating system, devices. While focusing on making the app available to those operating systems, Oestreicher said that he created REC*IT for one reason: efficiency. Oestreicher said he noticed that students who are trying to find out information about SRWC sports on campus will go to the facility’s website or bulletin board. The REC*IT app not only provides students with information, but also caters to their specific interests through notifications to their mobile devices. The app requires SRWC directors to input sport information on software hosted by IMLeagues, an online management system company working with REC*IT, so that it can be available to students. Moko Social Media, a global social media company, helped with financing and developing the app as well, Oestreicher said. Since CSULB is not the only university that offers recreational sports on campus, Oestreicher said he made the app available to other campuses as well. “We’re live on more than 500 campuses,” Oestreicher said. “We’ve got nearly every university that needs us.” Oestreicher defines the universities that “need” REC*IT as campuses where recreational sports play a prominent role in students’ daily schedules. “We don’t discriminate,” Oestreicher said. “We do go to schools that simply want us too.” Sarah Bermudez, a senior human development major at CSULB, said she thinks the development of this app is a good asset for the SRWC since it will help inform students. “It’s more convenient to receive updates [on sports and classes] instead of actually looking for a schedule,” Bermudez said. CSULB senior communications major Matt Evans said he thinks that students will now have an easier chance to get involved since activity schedules will essentially be available at their fingertips. While the app can potentially be useful to some, students like CSULB freshman ceramics major Rick Esqueda will not be reaping the benefits put in place by REC*IT. “Personally, I wouldn’t use it because I don’t have a smartphone,” Esqueda said. “But I’m sure someone would.” - See more at: http://www.daily49er.com/diversions/2015/02/02/recit-app-takes-a-lap-at-csulbs-student-wellness-and-recreation-center/#sthash.8by4OlAW.dpuf
Very interesting...............
http://www.appster.org/app/recit-793737949#beschreibung
ASX/media Release:
SYDNEY, January 28 2015
MARKET UPDATE
• MOKO EXTENDS AGREEMENT WITH IM LEAGUES 860+ US UNIVERSITIES/COLLEGES, WITH THE EFFECT OF PROVIDING MOKO WITH EXCLUSIVE RIGHTS IN PERPETUITY
• AGREEMENT EXPANDS REC*IT FEATURES AND FUNCIONALITY · BLOCKING ACTION TO POTENTIAL COMPETITORS
MOKO SOCIAL MEDIA LIMITED
MOKO Social Media Limited (NASDAQ; MOKO, ASX: MKB) and US-based IM Leagues LLC (IML) have agreed to extend MOKO’s exclusive license to the IML college intramural data feeds. The amended agreement automatically renews for an unlimited number of additional one year terms until MOKO elects to terminate, with the effect of providing MOKO with exclusive rights in perpetuity, subject to MOKO meeting the conditions of advance payments and meeting standard operational responsibilities.
IML operates the imleagues.com sports website used by recreational and intramural sports departments in over 860 US universities and colleges. IML’s service to students and colleges ranges from online signup to event scheduling to manage college intramural leagues.
In 2013 MOKO secured a 3 year exclusive agreement for the mobile rights to IML’s data including student and team schedules, fixtures, standings, statistics and news feeds. This expanded MOKO’s REC*IT platform access from about 5 million to 10 million students across an additional 600 US colleges. That has since grown to over 860 colleges.
MOKO has since worked with IML to promote REC*IT to these colleges and was released in the Fall semester late last year. So far the initial adoption has been excellent with over 150,000 downloads with minimal student promotion. Most encouragingly, the usage of REC*IT with these initial users is significant, with REC*IT proving to be highly engaging and user metrics are up to 12 times above the industry average. REC*IT is provided free of charge to colleges and students and MOKO is using this as a sales platform via mobile advertising to sponsors, businesses and others seeking exposure to US college students.
In the new agreement MOKO will extend the features and functionality of REC*IT to include in-app registration, admin messaging and functionality for the administrators and college REC directors and other important product upgrades that will make REC*IT more usable and boost engagement.
“This is a major win for MOKO”, said CEO Ian Rodwell. “The extension of the exclusive license to ensure our security of tenure sets a big barrier for any competition. We will devote more time and resources to working with IML to build an even bigger and better product knowing that we are tied together with fused objectives.”
The amended agreement also changes the commercial terms from a flat license fee to a minimum guarantee against a 10% revenue share on the net revenues from REC*IT.
“IML and MOKO have jointly increased commitment in the ongoing success of REC*IT. IML has agreed to be incentivised with a revenue share as it can also see the upside potential of the MOKO REC*IT model over the long term,” said MOKO’s chairman Greg McCann.
MOKO will undertake a new “direct-to-student” marketing campaign during the current semester and will work jointly with other sponsors and partners to expand REC*IT usage, including a cross-promotion with the launch of MOKO’s other college product, Speakiesy. This promotion is scheduled to commence late February.
For more information contact:
Australia:
Rudi Michelson
Monsoon Communications
03 9620 3333
rudim@monsoon.com.au
About MOKO SOCIAL MEDIA Limited
MOKO identifies large user groups around common interests and provides them with tailored mobile applications with information relevant to their common interest. These are developed by MOKO and provided at no charge to these groups or their members, in return for exclusive access and advertising rights.
MOKO’s flagship mobile app is REC*IT: an application launching at more than 800 US colleges and universities that provides information about campus sports and recreational activities. Whether students are spectators or participants of campus sports, clubs and societies, this app provides the specific information they need, together with social functionality such as team chat.
In May 2014 MOKO launched Bluenationreview.com (BNR), which has grown to become one of the most visited active political groups on Facebook in the US. A new non-partisan user-generated political app called VOYCIT will also soon be launched. MOKO’s app for US recreational runners is called RunHaven and contains event,
So now Scores has over 20 clubs and the last quarterly only listed 9 clubs with revenue streams.
Revenues increased to $225,393 for the 2014 three-month period from $187,861 for the 2013 three-month period.
So with over 50% of the total online clubs (old and new Combined) not paying into royalty revenues The Company still increased revenue to 225,393.
Is the company getting ready to take off soon as these new clubs start producing revenue streams?
New revenue streams will increase the earnings per share very quickly as the costs of producing revenue are not going up as fast as revenue is being produced with the new clubs. :) :) :)
Yes it was interesting and it was the Sept 2014 edition
http://www.epageflip.net/i/378634/10
How Social Media Is Shaking Up The Stock Market: Facebook, Inc. (NASDAQ:FB), Moko Social Media Limited (NASDAQ:MOKO), LinkedIn Corporation (NYSE:LNKD)
January 23, 2015 by admin in Market
In today’s world using social media has become more involved in our everyday life as a catalyst for businesses. People all over the world stay connected and updated with current events through this method of interaction. In its latest U.S. Social Local Media Forecast (2013-2018), BIA/Kelsey projects total U.S. social media advertising revenues will grow from $5.1 billion in 2013 to $15 billion in 2018, presenting a compound annual growth rate (CAGR) of 24%. This year illustrates the greatest year-over-year jump in social media ad revenues, growing to $8.4 billion in 2014, mostly due to increases in mobile and native advertising.
According to the forecast, U.S. social display ad revenues will grow from $3.3 billion in 2013 to $5.6 billion in 2018 (CAGR: 11.3%). During the same period, U.S. native social advertising, spurred primarily by Facebook’s News Feed ads and Twitter’s Promoted Tweets, will surge to $9.4 billion in 2018, up from $1.8 billion in 2013 (CAGR: 38.6%). In 2015, BIA/Kelsey expects native social advertising will eclipse social display for the first time.
Facebook, Inc. (NASDAQ:FB) utilizes a different variety of advanced tools and application programming that allows creators to incorporate with Facebook to create mobile and Web applications. The company’s inventory include Facebook mobile app and Website that give people all over the world the opportunity to connect, share, discover, and communicate with each.
As of December 31, 2013, it had 1.23 billion monthly active users. The company has strategic partnership with AXA Group to develop marketing and commercial collaboration in the digital, social, and mobile sphere. FB recently bought Oculus Rift, a technology company, for $2 billion, highlighting the value of technologies in the space. FB has been trading with and opening low of 76.40 and high of 77.19; an increase of 1.03%. This past year $FB has seen a range of 51.85-82.17 and in the past 3 months has an average volume of 28,761,600 which signals more liquidity in the stock.
Moko Social Media Limited (NASDAQ:MOKO) together with its subsidiaries, enlist in the digital publishing of mobile applications for kids and young adult as consumers. Moko implements proprietary mobile social networks and community/chat products, as well as owns proprietary mobile performance ad network for different industry sectors, such as Mobile Games, Mobile Apps, and Financial Services. Starting from January 9th MOKO has seen a low of $4.60 and a high of $4.98 as of January 21st. This represents an 8% increase during these past few weeks. Future plans and current success for MOKO will determine whether or not it can compete with FB and TWTR and other social media power houses.
LinkedIn Corporation (NYSE:LNKD) runs an online professional network. The company, through its proprietary platform, gives members a chance to build, manage, and share their professional identity online; structure and engage with their professional networks; access shared knowledge and insights; and find business opportunities. January 20th LNKD saw an opening low at $215.22 and a high of $215.90, which is a 0.68% increase for the day. LKND is taking the right steps to complete its ambitious vision of providing economic opportunities for members of the global workforce. It’s acquiring start-ups and combining their features into its social network, giving value that could increase user iteration. As LinkedIn expands to China, the company can grow its user base in the long term. Consequently, it might increase both top and bottom lines significantly. LinkedIn could stand as a threat to Facebook as it attracts more popularity and becomes a better publishing platform structured toward businesses and professionals, which potentially can have an effect on shareholder value.
David vs. Goliath; How MOKO (NASDAQ:MOKO) Can Compete with the Big Boys Like Twitter (NYSE:TWTR) & Facebook (NASDAQ:FB)
January 22, 2015 by admin in Market
Nowadays social media is more than an Internet platform, it has become a way of life. A way for people to connect with others globally, and a way to stay up to date on all current events happening in the world. When one thinks social media the first thing to come to mind are the big platforms such as Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR). Both companies are also publicly traded on the NASDAQ and the NYSE. The Information Technology Sector is up 5.20% over 3 months and 10.29% YTD, 76 companies are rated as outperforming needless to say the Information Technology sector is bullish and in my opinion I don’t think it’s slowing down anytime soon…
As traders we are always looking for the next big thing, scanning and researching different companies through fundamental and technical analysis but the risk is greater when talking about small cap companies. While searching for the next Facebook I came across a company called MOKO Social Media LTD (NASDAQ:MOKO). It is currently trading on the NASDAQ at $4.95 with a Market Cap under $80Mill. This might seem like a high priced stock when in comparison to it’s market cap but this undervalued, and relatively undiscovered company is looking to give the Goliath’s like FB and TWTR a run for their money through product variation, and making each social media platform designed for what the consumer desires, For example;
1) REC*IT is Moko’s platform for intramural sports and fitness, whose centralized resources are the ACISF and IMLeagues. Information such as team schedules, rosters, and standings already exist. The colleges interface with Moko to provide that content. Students can communicate with each other. According to MOKO, REC*IT has 140,000 unique monthly users since launching in September.
2) Speakisy- A mobile application for college students in the US that will combine features and functionality similar to platforms like Twitter, Instagram and Facebook and will only be accessible with a university-specific .edu email address.
3) BlueNationReview (BNR)- A platform for interests in progressive politics. BNR has roughly 3.2 million monthly visitors.
4) Voycit- is a similar platform, which launches shortly. Voycit acts as a centralized source for those issues. Political campaigns that can’t attract attention to an issue through other platforms can use Voycit.
5.) Runhaven and RaceAdvizor- for running enthusiasts interested in aggregated running news, training information, and diet.
6.) Tagroom- A headlining viral video and “news of the day” aggregator. Tagroom has about 500,000 users. Advertisers include Red Bull, Corona Extra, Bulleit Bourbon and Canon.
Co-Founder and CEO Ian Rodwell states, “Bespoke for any given community we target. We customize a social media platform for a specific audience. It is more directly suited to that particular audience than any other platform.”
The risk with trading small cap companies is high but if successful the reward is even greater. For those who are content with investing in long-term positions and hoping for 5-10% gains this company is not for you. MOKO is for an investor looking to multiply their investment; those looking for a homerun and MOKO have that potential to be that David Vs. Goliath story in our opinion.
About MOKO Social Media LTD:
Moko Social Media Limited, together with its subsidiaries, engages in the digital publishing of mobile applications for youth and young adult customers. The company operates through Mobile Social, Mobile Advertising, and Mobile Commerce segments. The company provides proprietary mobile social networks and community/chat products, as well as owns proprietary mobile performance ad network for various industry sectors, such as Mobile Games, Mobile Apps, and Financial Services. It also provides digital publishing services that enable advertisers to place their ads on its properties; and mobile community development services. In addition, the company operates an e-commerce platform, which offers online and flash sales of products, as well as sells merchant products to customers. It operates in Australia, the United States, Europe, and Asia. The company was formerly known as MOKO.mobi Limited and changed its name to Moko Social Media Limited in September 2013. Moko Social Media Limited is based in Highgate, Australia.
Taj Mahal lets customers know it's staying open
By Associated Press 12:13pm, December 31, 2014 - Updated 12:31pm, December 31, 2014
Having narrowly escaped closing, Atlantic City's Trump Taj Mahal casino wants to let its customers know it is staying open.
The bankrupt casino recently got a pledge of $20 million from billionaire investor Carl Icahn to keep it open throughout 2015.
But months of news coverage of threats to shut the casino down by year's end had the Taj Mahal in the headlines for all the wrong reasons.
Casino owners Trump Entertainment Resorts have launched a promotional campaign aimed at any lingering uncertainty in the market. It includes billboards on highways leading into the resort, and a "We're Staying Open" sweepstakes in January in which $250,000 will be given away.
Icahn plans to take over Trump Entertainment Resorts by canceling the $286 million of its debt that he owns.
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Carl Icahn is saving Atlantic City’s second-biggest casino, the Trump Taj Mahal, The Post has learned.
The bankrupt, nearly 25-year-old casino was scheduled to close its doors Saturday morning.
The move will save 3,000 jobs.
The union representing roughly 1,100 casino workers, which had been seen as a stumbling block to keeping the Taj Mahal open, is expected Wednesday evening or Thursday morning to execute a new agreement with management, two sources said.
Icahn, the billionaire investor who owns all of the $292 million in Taj Mahal bank loans, conceded Wednesday to the union’s demands to restore all work rules after earlier agreeing to restore just health care and some pension benefits, two sources close to the negotiations said.
Moko's Customized Social Media Puts Facebook To Shame
Dec. 11, 2014 2:25 PM ET | 4 comments | About: MOKO Social Media (MOKO), Includes: FB, IACI, QVCA by: Larry Meyers
Disclosure: The author has no positions in any stocks mentioned, but may initiate a long position in MOKO over the next 72 hours. (More...)
Summary
•MOKO is the Bespoke of social media, creating customized platforms for highly targeted audiences.
•Advertisers should flock to the platforms, validating the business model.
•Company has proof of concept and is generating revenue.
•MOKO is unquestionably speculative, and best suited for investors who have a small portion of their portfolio devoted to such investments.
In my continuing search for a stock that has the potential to pay multiple times my investment, I've landed on a new breed of social media platform. Like many big winners, stocks like these come from the small and micro-cap universe, where a $100 million company can become a $1 billion company, or larger. It's a lot easier than a $10 billion company becoming a $100 billion company.
As a reminder, when playing in the micro-cap space, I have my own criteria:
· I must understand the business.
· It must operate in a "blue sky" space with unlimited opportunity.
· It must have a distinct advantage that allows them to scale quickly.
· It must have a market cap between $50 million and $300 million
· It must have international potential.
· It must be near the ground floor of its growth potential.
· I have to be able to speak to senior management, not an IR person.
· It cannot be a penny stock.
My latest find is an $88 million market cap Australian company, Moko Social Media Limited (MOKO).
Overview
Most companies create an app and then try to acquire an audience for that app in order to monetize it.
Moko reverses that process. Instead, it finds a large audience, figures out what the audience is missing that would pull that community together, builds a social media platform tailored to that audience, and then monetizes it.
My conversation with co-Founder and CEO Ian Rodwell describes it as the "Bespoke for any given community we target. We customize a social media platform for a specific audience. It is more directly suited to that particular audience than any other platform."
Rodwell said the challenge for any group of any size is that nothing exists that is tailor made for them. Sure, they could start and organize their own group via some messaging platform, but it will lack functionality designed for their needs. It won't be complete. Any platform that is chosen will have to satisfy the group with whatever functionality exists within it.
Once the platform is developed, Moko must attract users to it. That is a two-step process. First, it needs to provide content. In some cases, that content is ready made because it is strictly informational and already in existence. Moko needs to interface its own back end with that of the community's central resource.
In other cases, Moko creates the content cost efficiently or aggregates existing content.
The second step is making certain that the targeted community is aware of the platform's existence. In some cases, the community may have a centralized resource that can alert all members to its existence. In other cases, Moko needs to get the word out. They leverage existing social media, such as Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR), to help accomplish this.
As the community engages with the platform, it becomes large enough to attract advertisers who love that these are highly engaged users with specific reasons for using the platform. That likely makes them more loyal to specific advertisers. The advertisers are always seeking highly targeted markets, the ability to refine their message, and get to those consumers that have the highest value.
That's the model. Let's look at Moko's existing platforms.
Platforms
REC*IT is Moko's platform for intramural sports and fitness, whose centralized resources are the ACISF and IMLeagues. Information such as team schedules, rosters, and standings already exist. The colleges interface with Moko to provide that content. Students can communicate with each other. Since launching in September, REC*IT has 140,000 unique monthly users, according to Rodwell.
Moko has another college platform in development called Speakisy, which launches shortly. Their research indicated that students feel Facebook is too large for their needs, and their pages can be accessed by family members. They just want something for their own college.
BNR, short for BlueNationReview, is a platform for those interested in progressive politics. Moko chose the Left side of the political spectrum because they found it was underserved. They aggregate existing content. BNR has some 3.2 million monthly visitors.
Voycit is a similar platform, which launches shortly. Moko discovered that there is a demand for those who have an issue and want a soapbox. Voycit acts as a centralized source for those issues. Political campaigns that can't attract attention to an issue through other platforms can use Voycit.
Other platforms include Runhaven and RaceAdvizor, for running enthusiasts, which aggregates running news, training information, dietary content and other running-relevant information. Runhaven is relaunching shortly after a successful beta test.
Another is Tagroom, which aggregates the headlining viral videos and other news of the day, along with various product discoveries. Tagroom has about 500,000 users and 5 million monthly page views. Advertisers include Red Bull, Corona Extra, Bulleit Bourbon and Canon.
Now we know what the business is and what it's creating for consumers. It's time to pull in the expert.
Other Thoughts
It seems to me that Moko is positioning itself well. I like the reverse approach of curating platforms for specific groups. While that competitive advantage may be short lived conceptually, actual competitors are going to have to go through a lot of development before they catch up technologically.
The business model depends on Moko's ability to execute regarding audience aggregation. I think this is a case of "if you build it, they will come." Enthusiasts are always seeking online content. If the object of one's enthusiasm lacks centralized or authoritative content, then there is a constant search for that authority. If Moko finds underserved markets with enthusiastic consumers, that lack a centralized social infrastructure, then I believe advertisers will love them.
Financials
Moko is still in its early stages, but the model has proof of concept. I'll run through the financials, but I don't put much value to the data because the revenue thus far is unrelated to the new social media platforms. Here's the data from the Annual Report, released in September (all dollars Australian unless noted).
MOKO's FY14 (ending in June) total revenue was $8,228,151 versus $6,020,593 (after backing out discontinued operations), up 37%. The 2014 loss from continuing operations increased by 189% to $13,596,459 from $4,711,294. 2014's revenue was divided into four sections: Mobile Social of $882,393, Mobile Content of ($30,945), Mobile Advertising of $3,102,132 and Mobile Commerce of $4,274,571.
The Mobile Commerce segment consists of a 51% ownership in a Sydney based e-commerce business, Deals I Love. This is a bit like an Australian version of Groupon (NASDAQ:GRPN), offering a set of daily deals for various consumer products. I like the diversification for MOKO with this platform, but want to clarify that it is unrelated to the new platforms.
Mobile Advertising FY14 revenue was $3,102,132, down from $4,400,611. These are revenues from the legacy business of OfferMobi, and do not reflect the monetization of the new platforms.
OfferMobi has been absorbed into the Advertising segment but does not reflect new platform revenue. So the revenue is really from legacy businesses. That's good to see, but it isn't what investors are likely to be interested in going forward.
I'm not terribly concerned about the losses because the early stages of MOKO require significant expenses to get the platforms developed and running, along with all the marketing to bring people to the platforms and to solicit advertisers.
MOKO's net asset position was $11,616,698, an increase of 304.3% from $2,873,372. This was partially the result of its capital raising. The good news is assets are increasing and not decreasing. It also is good news that the company is attracting investors and capital. Rodwell tells me that MOKO is doing a road show this month, as well.
Valuation
Assigning a valuation to a company at this stage is really a qualitative and subjective process. As this insightful thesis discovered, there is no universal method to value social media companies... even the giant ones. As of this writing, the stock trades at $5.38 with a market cap of $80 million, on US$6.8 million in sales, or about 13x sales. That's pricey compared to other microcap tech companies, but that's for companies that are further along in their development.
I don't consider the current price unreasonable because I think it fairly reflects expectations on the next 12-month's performance.
With CPM ad rates varying wildly, it's difficult to even peg what to expect from a base of, say, ten million users. CPMs could run from $1 to $10, or even more depending on multiple variables. What valuation does MOKO, or any company, deserve if it generates $50 million in revenue in 2015?
There is another angle that influences how the market values these types of companies. Given the insane buyout prices of various online businesses, a valuation that seems totally unreasonable on a quantitative basis may not matter. The Priceline Group (NASDAQ:PCLN) paid $2.6 billion for OpenTable, which made $33.4 million in TTM profit. That was 78 times earnings and 40 times cash flow, and makes no sense to me.
So let's consider the possibility that an existing company eventually buys out Moko. I am not saying that this will happen, merely that at some point if the company executes, it would make an attractive takeover target for a company involved in this space. Like it or not, that factors into a company's valuation, and investors should be aware of it.
It is impossible to predict the future, but this is the kind of company that would attract IAC/InterActiveCorp (NASDAQ:IACI) or Liberty Interactive (NASDAQ:QVCA), which has gobbled up companies like this many times, provided the company executes.
All we can do is look at how the market presently values MOKO, which is 13x sales. Even if we assume that valuation is twice what it deserves (itself an arbitrary statement), then 6.5 times $50 million in sales would be $325 million, or $24 per share. Does MOKO have a shot at reaching that kind of user base in 2015? I think it's possible given the size of the total audiences it aims to reach.
$5 per CPM is not at all unreasonable.
Risks
There are some risks at play here, so let's be certain to detail the biggest ones.
1) Aggregation Fails
The business model is built on the notion that "if you build it, they will come," but what happens if they don't? What if the content isn't compelling? What if the functionality isn't robust enough? What if nobody hears about the platforms? What if they hear about it, but don't care? What if the platform starts fine, but then is abandoned?
The risk of all social media is that consumer tastes can change very quickly. Remember MySpace? Moko's platforms need to be sticky. There's so much non-targeted social media they are already dealing with that - adding another one is only going to occur if it solves a problem (which Moko believes each platform does).
2) Advertising Fail
The platforms not only have to attract users, but must attract enough users to make advertising worthwhile. Then, the CPM rates are going to depend on actual engagement. Are the advertisers getting clicks? Are clicks leading to sales? Will advertisers allocate enough money to mobile advertising in general for Moko to make enough money?
Management clearly states in its quarterly report that they expect revenues on the platforms to accrue "towards the end of calendar 2014 and into early 2015, but because these projects are not yet commercialized there remains a material uncertainty over this expectation." Fair warning.
3) Cash Flow
Moko will need to generate enough cash via advertising and investment to stay afloat until they are cash flow positive. I think, if they hit 5 million users at $5 CPM rates, that is achievable, based on the financials thus far.
4) Competition
While I think Moko is insulated from competition because they have such an advanced technological advantage, it is still possible for either existing social media or a competitor to horn in on their game. There are a lot of tech companies out there and they have lots of capital. If they see a way to enhance this model, they could conceivably rush something into development and enter the space.
Assessment
· I must understand the business.
Check.
· It must operate in a "blue sky" space with unlimited opportunity.
Check. Any community in need of a platform like this is a potential target.
· It must have a distinct advantage that allows them to scale quickly.
Check. Moko has the technology that will take others years to develop.
· It must have a market cap between $50 million and $300 million
Check.
· It must have international potential.
Check. In fact, other countries have very specialized niches. Any country that has consumers with discretionary income is fair game.
· It must be near the ground floor of its growth potential.
Check.
· I have to be able to speak to senior management, not an IR person.
Check. I had no trouble reaching the CEO. He spoke to me for half an hour, answered all my questions, and most importantly, left me with the impression of someone with a very clear understanding of what he is doing, what his vision is, and how to execute on it.
· It cannot be a penny stock.
Check.
How is this actionable?
For investors who seek a return of several times an initial investment, one really should not devote more than 5% of a long-term diversified portfolio to investments at the microcap level. Furthermore, one should diversify that 5% into several different investments. As Peter Lynch said, if you hold ten stocks, you can have nine losers. If one of them becomes a ten-bagger, you'll still come out way ahead.
I think Moko fits this category. It's speculative, but not outrageously so. It's not like wildcatting for oil. The company has real products, real revenues, smart management, and is playing in a space that investors are paying a premium for.
CEO Ian Rodwell did not, surprisingly, bristle at my assessment. "It is speculative, but every investment is a risk. We have a long road ahead, but our audiences and research are telling us that our thesis is correct, that our model has proven out, and that our products are of high quality."
Editor's Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.?
MKB (ASX) Price at posting: 15.0¢Sentiment: BuyDisclosure: Held
Taj Mahal gives union till Monday to drop appeal
By WAYNE PARRY - Associated Press
12/11/2014 7:49 AM
| Updated: 12/11/2014 7:49 AM
ATLANTIC CITY, N.J. —
The owners of the Trump Taj Mahal casino say Atlantic City's main casino workers' union has reneged on a deal to keep the casino open and save its 3,000 jobs.
In a letter sent Thursday to Bob McDevitt, president of Local 54 of the Unite-HERE union, Trump Entertainment Resorts CEO Bob Griffin gave the union until 5 p.m. Monday to drop its appeal of a bankruptcy court-ordered cost-reduction package that canceled employee health insurance and pension plans. Griffin says he thought the company and the union agreed to a deal earlier this week but says the union hasn't signed it.
Billionaire investor Carl Icahn plans to take over the company in return for canceling $286 million of its debt, which he owns, but only if he receives significant tax breaks. A package of financial and tax assistance for Atlantic City government and its eight casinos is advancing through the state legislature.
"Two days ago, we actually thought we had reached a deal with you and the state," Griffin wrote. "Every one of your demands was met, and Mr. Icahn, believing that you and the state supported the deal, even delivered his executed signature page. But even though that deal would have kept the Taj open, restored the union health care, restored the union work rules and established a new pension fund, you still didn't sign."
McDevitt declined to comment.
The company is threatening to close the Taj Mahal — its last remaining casino — on Dec. 20. Griffin's letter did not say whether the company will definitely close the casino if Monday's deadline to withdraw the union appeal is not met. Griffin told The Associated Press he does not know if that deadline would trigger an irrevocable decision to close on Dec. 20, but he added, "I am working every day to close on Dec. 20."
In his letter to McDevitt, Griffin said the company has put off a final decision about whether the Taj Mahal will close or remain open for as long as it could.
"You have put us in a terrible position,' Griffin wrote to McDevitt. "Please, Bob. This is our final opportunity to help people. Time is running out and money is running short. We simply cannot stay in limbo any longer. Every day, fewer and fewer people patronize the Taj, and we lose more and more of what little money we have left. We just cannot wait any longer."
The Atlantic City relief plan, introduced last week by State Senate President Steve Sweeney and Sen. James Whelan, a former Atlantic City mayor, would let the casinos collectively pay $150 million in lieu of taxes for two years. It would redirect an investment alternative tax — currently used for redevelopment projects — to help pay off $25 million to $30 million of Atlantic City's debt a year, and create a new category of school aid applicable only to Atlantic City.
It was approved by a Senate committee and is now before the full Senate.
Read more here: http://www.sacbee.com/news/business/article4422772.html#storylink=cpy
TRENTON, N.J. —
A tax stabilization plan making its way through the state Legislature should keep Atlantic City's Trump Taj Mahal casino from closing, the city's mayor said.
Republican Mayor Don Guardian testified Monday in favor of the package in Trenton and said the bills should be enough to keep the endangered casino open because they give its proposed new owner, billionaire Carl Icahn, most of what he has asked for in talks to save it and its 3,000 jobs.
"I do believe this legislation is going to save the Taj from closing," Guardian said. "It's exactly what the proposed new owner has been asking for."
The casino's owner, Trump Entertainment Resorts, has set a Dec. 20 closing date for it. It had no immediate comment on Monday, and Icahn declined to comment.
Trump Entertainment plans to hand itself over to Icahn, who would cancel $286 million in company debt he owns. He would invest $100 million into the Taj Mahal, but only if its main union, Local 54 of the Unite-HERE union, drops its appeal of a court-ordered cost savings package.
The plan approved Monday by the Senate budget committee lets the Trump Taj Mahal and Atlantic City's other seven casinos know how much they will have to pay each year in lieu of property taxes and lets the city know how much revenue it can expect. The casinos collectively would pay $150 million for the first two years and $120 million annually for 13 years, assuming gambling revenue stays within certain ranges in the city, where four casinos have closed this year.
The bill was amended Monday to help any casino that winds up being billed more under the payment in lieu of taxes program than it did this year. The amendment credits the amount of the overage toward the casino's reinvestment tax obligation.
A different bill included in the package would redirect that investment tax, currently used by the Casino Reinvestment Development Authority, to pay off $25 million to $30 million of Atlantic City's debt each year.
Other measures would increase school aid to Atlantic City, mandate a minimum level of benefits for casino workers and eliminate the Atlantic City Alliance, the marketing arm of the casinos, and use its $30 million annual budget to help the city in other ways.
The legislation is part of several state-sponsored initiatives being considered to help stabilize Atlantic City, whose casino revenue has plunged from $5.2 billion in 2006 to $2.86 billion last year and is certain to fall below that this year. A task force convened by Republican Gov. Chris Christie has recommended employing an emergency manager with vast control over Atlantic City's spending, temporarily freezing taxes on non-gambling property and allowing the city to skip pension payments for several years.
Guardian said the burden of property taxes has fallen on the owners of the remaining casino properties.
"It's unsustainable, but we think we can fix it," he said.
Democratic state Senate President Steve Sweeney said the state will consider expanding casino gambling beyond Atlantic City in coming years. But he said the tax aid package is needed now to help keep the city from going bankrupt.
Read more here: http://www.kansascity.com/news/business/national-international/article4335817.html#storylink=cpy
Atlantic City mayor: tax plan could save Taj Mahal
Updated: Dec 08, 2014 12:41 PM
Trump Taj Mahal (MyFoxNY.com photo)
Taj Mahal casino closing pushed back
By WAYNE PARRY | AP
TRENTON, N.J. (AP) - Atlantic City's mayor says a tax stabilization plan making its way through the New Jersey Legislature should keep the Trump Taj Mahal casino from closing.
Mayor Don Guardian testified in favor of the package Monday in Trenton and said the bills should be enough to keep the endangered casino open.
Trump Entertainment Resorts has set a Dec. 20 closing date for the casino. It had no immediate comment.
The plan approved by a state senate committee lets the casinos know how much they will have to pay each year in lieu of property taxes, and lets the city know how much revenue it can expect.
The casinos would pay $150 million for the first two years, and $120 million annually for 13 years, assuming gambling revenue stays within certain ranges.
Copyright 2014 The Associated Press.
SYDNEY, December 4 2014
MARKET UPDATE
MOKO SOCIAL MEDIA LIMITED
· TAGROOM RELAUNCHED IN BETA IN US – passes 1 million unique users in less than 4 weeks
· REC*IT adds 30,000 new downloads – total over 140,000
MOKO Social Media Limited (NASDAQ; MOKO, ASX: MKB) is pleased to report that the Tagroom technical migration and relaunch into the US marketplace is proceeding well with the beta site attracting more than 1 million unique visits in less than 4 weeks.
The team is now preparing an updated version with an accompanying native App scheduled for release in the first quarter of 2015.
Over 1 million unique visitors in such a short time is very encouraging and a solid base for more concerted Tagroom marketing in the new calendar year. These numbers will also help MOKO with its selling of content syndication deals with its media and brand partners. MOKO will endeavour to provide the market with a more detailed update on these initiatives in the coming month.
The REC*IT team engaged in an email marketing campaign over the past 10 days in sync with the college timetable leading into the Thanksgiving holidays resulting in more than 30,000 new downloads. Direct-to-student promotions at the relevant times lead to optimum take-up rates. We are selective on campaign timing and will continue this strategy periodically throughout the second semester, which commences mid January 2015, to build a sustainable, loyal and active user base.
For more information contact:
Australia: USA:
Rudi Michelson Adam Handelsman
Monsoon Communications SpecOps Communications
03 9620 3333 646 413 9401
rudim@monsoon.com.au adam@specopscomm.com
About MOKO SOCIAL MEDIA Limited
MOKO identifies large user groups around common interests and provides them with tailored mobile applications with information relevant to that common interest. These are developed entirely by MOKO and then distributed at no charge to these groups and their members, in return for exclusive access and advertising rights.
MOKO’s flagship mobile app is REC*IT: an application that is launching to more than 800 colleges and universities across the US in the latter part of 2014 that provides information about campus sports and recreational activities. Whether students are spectators or participants of campus sports, clubs and societies, this app provides the specific information they need, together with social functionality such as team chat.
In May 2014 MOKO launched Bluenationreview.com (BNR), which has grown to become one of the most visited active political groups on Facebook in the US. A new non-partisan user-generated political App called VOYCIT will also soon be launched. In December 2014 MOKO will also launch a specialist running community app called RunHaven. RunHaven.com is for US recreational runners with event, training, dietary and other runner-relevant information.
MOKO is listed on NASDAQ (MOKO) and the Australian Securities Exchange (MKB).
Hmmm...SoWhoHere...oldmanbadman rdncoic
So who here screwed the keyboard decimal point wrong with a sell order of $0.0007 cents US and sold 140000 shares for nothing?
More important, who got the 140,000 shares for the price of a good steak dinner for two?
Don't drink and drive without a car and don't drink and trade stocks without a lot of money! :) :) :) oldmanbadman rdncoic
Trump Entertainment intends to hand itself over to billionaire investor Carl Icahn, who would cancel the $286 million in company debts he owns in return for ownership of Trump Entertainment. Icahn would invest $100 million into the Taj Mahal, but only if he can get significant state and local tax breaks — requests that thus far have been rejected at every level of government.
Last week, the company said it had made significant progress in talks with state officials, but did not specify what if any assistance might be in the offing.
The shutdown petition says the Taj Mahal will close at 5:59 a.m. on Dec. 12, and the final hotel guests have until noon that day to check out. Cars have to be out of the garage by 5 that evening.
The company also says in the petition it has notified its bars and restaurants that they must prepare "wind-down plans" but has not yet heard back from them. They include the Scores gentlemen's club; Il Mulino; Trattoria; Sbarro's; Hard Rock Cafe; and Royal Albert's.
The main casino cash cage will remain open until 8 a.m. Dec. 12 to let patrons cash in their final winnings. Slot tickets, marker redemptions and other cage transactions can be made for 30 days after the casino closing.
Donald Trump, who used to control the company, now has only a 10 percent ownership stake.
Results of Operations
Three Months Ended September 30, 2014 (“the 2014 three-month period”) Compared to Three Months Ended September 30, 2013 (“the 2013 three-month period”).
Revenues:
Revenues increased to $225,393 for the 2014 three-month period from $187,861 for the 2013 three-month period.
Revenues from the New York Club decreased forty-eight percent (48%) to $20,748 as compared to $39,584 for the 2014 and 2013 three-month periods, respectively. Revenues from our Chicago nightclub increased fifteen percent (15%) to $44,936 for the 2014 three-month period from $38,970 from the 2013 three-month period; revenues from our Baltimore club increased one percent (1%) to $36,073 for the 2014 three-month period from $35,669 for the 2013 three-month period and revenues from our New Orleans club remained the same at $30,000 for the 2014 and 2013 three-month period. Revenue from our Tampa club remained the same at $30,000 for the 2014 and 2013 three-month period. Revenue from our Scoreslive.com licensee decreased thirty-four percent (34%) to $9,000 for the 2014 three-month period from $13,638 for the 2013 three-month period. Revenues from our Atlantic City nightclub licensee increased one hundred percent (100%) to $30,000 as royalties commenced April 2014. Revenues from our Jacksonville club increased one hundred percent (100%) to $10,000 as royalties commenced in September 2014. Revenues from our Savannah Club increased one hundred percent (100%) to $15,000 as royalties commenced in August 2014.
General and Administrative Expenses:
General and administrative expenses decreased during the 2014 three-month period to $110,444 from $122,768 during the 2013 three-month period. General and administrative expenses decreased approximately by $12,324 from 2014 to 2013, which the decrease can be attributed to the decrease in legal fees and accounting fees. Legal expenses attributable to ongoing litigation amounted to $30,038 for the three-month period ended September 30, 2014 and $42,033 for the three-month period ended September 30, 2013.
Provision for Income Taxes
The provision for state income taxes relates primarily to the greater of average assets and capital taxable income. The average assets and capital are not impacted by net operating losses.
Net Income:
Our net income was $114,611 or $0.001 per share for the 2014 three-month period compared to net income of $64,420 or $0.000 per share for the 2013 three-month period. The increase in net income for the 2014 three-month period was a result of the increase in royalty revenue due to the new clubs that commenced royalties in August and September 2014.
4
Net income per share data for both the 2014 three-month period and the 2013 three-month period is based on net income available to common shareholders divided by the weighted average of the number of common shares outstanding.
Nine Months Ended September 30, 2014 (“the 2014 nine-month period”) Compared to Nine Months Ended September 30, 2013 (“the 2013 nine-month period”).
Revenues:
Revenues increased to $596,151 for the 2014 nine-month period from $542,809 for the 2013 nine-month period.
Revenues from the New York Club decreased thirty-two percent 32% to $78,816 as compared to $116,985 for the 2014 and 2013 nine-month periods, respectively. Revenues from our Chicago nightclub decreased less than one percent (<1%) to $110,250 for the 2014 nine-month period from $110,565 from the 2013 nine-month period, while revenues from our Baltimore club increased two percent (2%) to $108,415 for the 2014 nine-month period from $106,145 for the 2013 nine-month period and revenues from our New Orleans club remained the same at $90,000 for the 2014 and 2013 nine-month period. Revenue from our Tampa club remained the same at $90,000 for 2014 and 2013 nine month period. Revenue from our Scoreslive.com licensee increased sixteen percent (16%) to $33,640 for the 2014 nine-month period from $29,115 for the 2013 nine-month period. Revenues from our Atlantic City nightclub licensee increased one hundred percent (100%) to $60,000 as royalties commenced in April 2014. Revenues from our Jacksonville club increased one hundred percent (100%) to $10,000 as royalties commenced in September 2014. Revenues from our Savannah Club increased one hundred percent (100%) to $15,000 as royalties commenced in August 2014.
General and Administrative Expenses:
General and administrative expenses decreased during the 2014 nine-month period to $344,778 from $370,966 during the 2013 nine-month period. General and administrative expenses decreased approximately by $26,188 from 2014 to 2013, which decrease can largely be attributed to the decrease in the Company’s legal fees. Legal expenses attributable to ongoing litigation amounted from $121,866 in the 2014 nine-month period to $145,946 in the 2013 nine-month period.
Provision for Income Taxes:
The provision for state income taxes relates primarily to the greater of average assets and capital taxable income. The average assets and capital are not impacted by net operating losses.
Net Income:
Our net income was $347,275 or $0.002 per share for the 2014 nine-month period compared to a net income of $169,607 or $0.001 per share for the 2013 nine-month period. The increase in net operating income for the 2014 nine-month period was a result of an increase in royalty revenue and the settlement award from a lawsuit.
Net income per share data for both the 2014 nine-month period and the 2013 nine-month period is based on net income available to common shareholders divided by the weighted average of the number of common shares outstanding.
Liquidity and Capital Resources
Cash:
At September 30, 2014, we had $99,091 in cash and cash equivalents compared to $4,522 in cash and cash equivalents at December 31, 2013.
Operating Activities:
Net cash provided by operating activities for the nine months ended September 30, 2014 was $251,865 compared to $89,334 for the nine months ended September 30, 2013. The increase in cash is related to the settlement we received in March and June 2014.
Financing Activities:
As of September 30, 2014, we have repaid our Westside Realty affiliate $122,500 and $45,000 to our Metropolitan Lumber Hardware and Building Supplies, Inc. affiliate.
5
UPDATE
SYDNEY, October 23 2014
BLUE NATION REVIEW UPDATE
HIGHLIGHTS:
? BNR exponential growth - 2nd most downloaded news Android App worldwide, 7th in the iTunes global App store
? Android App only launched October 15
? App downloads passes 150,000 this month,
? Downloads tracking at over 10,000 per day (iOS and Android)
The MOKO Social Media Limited (NASDAQ; MOKO, ASX: MKB) first political property, Blue Nation Review, has grown rapidly to be ranked the world’s second most downloaded Android news App this week and the seventh most popular news App on iTunes.
The website and mobile sites were first launched in May this year and this month the company expects monthly unique visits to reach over 4 million.
During September, the iOS (iPhone) App was released and on October 15 saw the release of the Android version. As at today over 150,000 BNR Apps have been downloaded and are currently tracking at over 10,000 per day in iOS and Android app stores.
Monetisation of the sites and Apps has begun, however it is very early days and it will take another quarter for the ad networks tracking and links to be optimised across the MOKO platforms. While there will be some revenues in the December quarter, we expect the first meaningful revenues to be during the March quarter 2015.
MOKO will provide a company-wide update soon with its quarterly report.
Northland Securities Begins Coverage on MOKO.mobi (MOKO)
September 30th, 2014 - 0 comments - Filed Under - by Hanz Christensen
MOKO.mobi Ltd. logoNorthland Securities initiated coverage on shares of MOKO.mobi (NASDAQ:MOKO) in a research report released on Tuesday morning, TheFlyOnTheWall.com reports. The firm issued an outperform rating and a $9.00 price objective on the stock.
Separately, analysts at Chardan Capital initiated coverage on shares of MOKO.mobi in a research note on Thursday, August 7th. They set a buy rating and a $10.00 price target on the stock.
Shares of MOKO.mobi (NASDAQ:MOKO) opened at 5.9499 on Tuesday. MOKO.mobi has a 52-week low of $4.66 and a 52-week high of $12.56. The stock’s 50-day moving average is $5.96 and its 200-day moving average is $7.02. The company’s market cap is $82.2 million
MOKO ANNOUNCES ADVERTISING PARTNERSHIP WITH USA TODAY’S SPORTS MEDIA GROUP Suite 4 Level 9
341 George Street
Sydney, NSW 2000
Australia
MOKOsocialmedia.com
contact@MOKO.mobi
NEW YORK, September 1st – MOKO Social Media Limited (NASDAQ; MOKO, ASX: MKB) is pleased to announce that it has entered into a strategic partnership with the USA TODAY Sports Media Group that will bring MOKO’s sports-centric digital and mobile app properties, namely REC*IT and RunHaven, to the USA TODAY Sports Media Group.
REC*IT, the Intramural Sports and Fitness app, is currently launching on nearly 800 campuses across the United States. There are millions of active college students participating in intramural and fitness programs across these campuses that will soon have access to recreational sport schedules and team results on their mobile devices, along with the ability to consume fitness content, communicate with each other and share updates to social networks. The app is free to students and will be supported through brand sponsorships.
RunHaven, is a website dedicated to running enthusiasts featuring content for active people of all ages. The mobile application will focus on supporting on-the-go runners who want to access great training content via their mobile device, and the ability to share their favorite content pieces with friends.
MOKO’s young, active and engaged users, combined with USA TODAY Sports focus on mobile and social audiences, creates a strong media and ad sales partnership. The collaboration will include sales of digital advertising sponsorships, and joint production and syndication of content across MOKO’s mobile assets. The partnership provides USA TODAY’s advertising partners with the opportunity to reach the engaged and social college, and active sports, audience on mobile apps.
The USA TODAY Sports Media Group currently has more than 40 million monthly active users in its network and features some of the top premium advertisers in sports. “People talk about mobile-first, but our mindset is really almost mobile-only,” said Dave Morgan, President of USA TODAY Sports Media Group. “The partnership provides us with access to highly social and mobile users across MOKO’s mobile applications and allows us to continue to
build on our leading position in the sports marketplace focused on reaching young, mobile and social centric audiences,” said Chris Pirrone, the General Manager, Sports Digital Properties for the USA TODAY Sports Media Group.
“While MOKO is building out its sales team and ad delivery operations, the USA TODAY Sports Media Group will empower us to immediately offer REC*IT and RunHaven inventory to advertisers that are targeting this coveted demographic,” said Ian Rodwell, Founder and CEO of MOKO. ”We are delighted to enter into this partnership, and look forward to a long successful relationship.”
ENDS.
About MOKO SOCIAL MEDIA Limited
MOKO identifies large user groups around common interests and provides them with tailored mobile applications with information relevant to that common interest. These are developed entirely by MOKO and then distributed at no charge to these groups and their members, in return for exclusive access and advertising rights.
MOKO’s flagship mobile app is REC*IT: an application that is launching to more than 800 colleges and universities across the US in the latter part of 2014 that provides information about campus sports and recreational activities. Whether students are spectators or participants of campus sports, clubs and societies, this app provides the specific information they need, together with social functionality such as team chat.
In May 2014 MOKO launched Bluenationreview.com (BNR), which has grown to become one of the most visited active political groups on Facebook in the US. A new non-partisan user-generated political App called VOYCIT will also soon be launched. In December 2014 MOKO will also launch a specialist running community app called RunHaven. RunHaven.com is for US recreational runners with event, training, dietary and other runner-relevant information.
MOKO is listed on NASDAQ (MOKO) and the Australian Securities Exchange (MKB)
T his announcement is for informational purposes only and is neither an offer to sell nor an offer to buy any securities, or a recommendation as to whether investors should buy or sell.
Special Note on Forward-Looking Statements
This press release contains information that may constitute forward-looking statements and uses forward-looking terminology such as “anticipate” “propose” “expect” and “will,” negatives of such terms or other similar statements. You should not place undue reliance on any forward-looking statement due to its inherent risk and uncertainties, both general and specific. Although we believe the assumptions on which the forward-looking statements are based are reasonable and within the bounds of our knowledge of our business and operations as of the date hereof, any or all of those assumptions could prove to be inaccurate. Risk factors that could contribute to such differences include our ability to prepare required documents in connection with the proposed offering, the timing of regulatory review, performance of our shares on the Nasdaq Global Market, and the performance of the United States and global capital markets and companies in our sector, as well as factors relating to the performance of our business, including intense competition we face; failure to innovate and provide products and services that are useful to users; our ongoing need for capital for investment in new and existing business strategies and new products, services and technologies, including through acquisitions; our dependence on advertising revenues; the potential for declines in our revenue growth rate and downward pressure on our operating margin in the future; increased regulatory scrutiny that may negatively impact our business; legal proceedings that may result in adverse outcomes; failure to maintain and enhance our brand; uncertainty as to our ability to protect and enforce our intellectual property rights; and uncertainty as to our ability to attract and retain qualified executives and personnel. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future intentions as of any date subsequent to the date of this press release. Our plans may differ materially from information contained in the forward-looking statements as a result of these risk factors or others, as well as changes in plans from our board of directors and management.
http://www.asx.com.au/asxpdf/20140901/pdf/42rx8kbkgxh25r.pdf
http://www.asx.com.au/asxpdf/20140901/pdf/42rx8kbkgxh25r.pdf
New partnership
MOKO ANNOUNCES ADVERTISING PARTNERSHIP WITH USA TODAY’S SPORTS MEDIA GROUP
NEW YORK, September 1st – MOKO Social Media Limited (NASDAQ; MOKO, ASX: MKB) is pleased to announce that it has entered into a strategic partnership with the USA TODAY Sports Media Group that will bring MOKO’s sports-centric digital and mobile app properties, namely REC*IT and RunHaven, to the USA TODAY Sports Media Group
http://www.marketwatch.com/story/mo...ral-sports-recreational-activities-2014-08-26
http://www.marketwatch.com/story/mo...ral-sports-recreational-activities-2014-08-26
HEADLINE2New App Merges Intramural Athletics, Rec Center Activities & Customized Social Networking for 862 North American Colleges
NEW YORK, Aug. 26, 2014 /PRNewswire/ -- MOKO Social Media Limited MOKO, +0.00% a provider of highly tailored mobile social community platforms for organized groups, announced today the national launch of REC*IT, a mobile application bringing new-age connectivity to college campuses, students, and administrators through a shared passion for intramural sports and recreational activities. REC*IT aims to transform how college students interact and participate in intramural and fitness programs on campus. In partnership with IMLeagues and American Collegiate Intramural Sports & Fitness, REC*IT is free to download and now live on 862 colleges with over 11 million students across the United States & Canada. It is currently available for iOS devices via the Apple App Store and Android devices on Google Play.
REC*IT is designed to be effortless for the user and boasts core features and functionality designed to focus on this community's most important information:
•DISCOVERY: Find intramural sports and fitness classes available on campus.
•SCHEDULING: Access schedules anytime on mobile devices. Stay informed of game times, opponents, and locations.
•COMMUNICATION: Send in-app messages to the team or individual teammates and receive personal notifications.
•TEAM: See team rosters, get instant game results, and view league standings.
•PERSONALIZATION: View all active sports and fitness activities available on campus as well as lifetime statistics.
•NEWS: Don't miss campus happenings with real-time updates through instant notifications, school newsfeeds, and recreation director announcements.
David Oestreicher, President of REC*IT explains, "Traditionally, college rec participants receive their most important program information – including schedules, results, news and announcements – by depending on inefficient channels like a bulletin board in the rec center or emails that are never opened. Today's college audience needs their info and content on the go and, of course, prefers to interact through mobile devices. REC*IT offers new-age connectivity and galvanizes a very passionate community by optimizing the dissemination of these communications within one app."
Ian Rodwell, CEO of MOKO Social Media, states, "MOKO blends content aggregation and social engagement to create true mobile communities in tailored categories of similar interests, a concept far different from the traditional online social media destinations currently available. Finding commonalities amongst an endless flow of irrelevant content is difficult, so we aim to provide our users with a digital solution that does just that."
REC*IT plans to offer unique opportunities for brands and advertisers, both national and local, to engage with the coveted college consumer. This will include highly targeted promotions and content tied to each participant's respective profile including interests, demographics and location – all designed to enhance the user experience.
About REC*IT REC*IT is the source for everything intramural sports and fitness on college campuses. Check game schedules and results, communicate with team members, and receive real-time campus recreation updates – directly through your mobile device – making management of college rec life easier than ever. At the core, REC*IT is a mobile community bringing social connectivity to campuses, students, and administrators through a shared passion for intramural sports and recreational activities.
REC*IT is the official mobile application of IMLeagues and American Collegiate Intramural Sports & Fitness. It is free to download and currently available for iOS devices via the Apple App Store and Android devices on Google Play. For more information please visit www.RECITcollege.com.
About MOKO Social MediaMOKO Social Media is the creator of customized mobile applications designed to impact large organized groups and associations through the identification of common interests. MOKO provides these tailored groups with the tools to continuously share content, engage, and interact efficiently with others in a community of similar passions, unlike previous social network offerings. These customized mobile platform solutions are developed entirely by MOKO and distributed at no charge to these groups and their members in return for exclusive access and advertising rights. Given the audiences impacted, MOKO commercializes these products with premium targeted mobile advertising.
MOKO's technology platform has been designed to enable a high degree of flexibility, permitting the freedom to design and build customized applications. MOKO's technology presently is represented by three products in development for launch in the United States: REC*IT, RunHaven, and Blue Nation Review. For more information please visit www.mokosocialmedia.com
Moko Social Media initiated with a Buy at Chardan Capital Markets; tgt $10
Font size: A | A | A
9:27 AM ET 8/7/14 | Briefing.com
. Chardan Capital Markets initiates MOKO with a Buy and price target of $10. While firm is intrigued by MOKO's mobile apps and the compelling proposition it offers to students and faculty coupled with similar prospects for its Blue Nation Review and Run Haven, its projections largely reflect our conservative approach in modeling its rev contribution from these mobile apps. Firm believes the next few months would be a good indicator of the initial reception of the mobile apps by the students and users.
I talked with Joe and Bob. Very nice conversation. And Long. Everything is starting to move now with SCRH. Management is happy with the progress. A new group of advisors are looking at pulling traffic to ScoresLive. They are the movers and shakers involved in the online Sex Branch.
Also they have a new manager involved in locating new Licence clubs for Scores. Very good Person and pulling a lot of new clubs into the system. Not taking chances with all clubs, only the very best clubs are considered.
That investor newsletter will be very nice.
OldmanBadman Rdncoic
Hmmm...Blackcat7717...oldmanbadman rdncoic
Got an update on your post here and yes, it looks like within the next 30 days the share holder letter will go out or be posted on the scores holding website. The website is being updated also. Scores Live will be driven from those business people you mentioned. The quarterly report will be on time or just a 5 day delay and will be a good solid report, just not a great report. Showing gains and good information on revenue.
I get the feeling the company is focused on increased revenue for the company and that will translate into a higher stock price. Yes me too!
oldmanbadman rdncoic
And there you are, news and good news it is. For Sure. Things are going on as we speak or emaillllllllllllllll
http://www.mideasttime.com/analysts-new-coverage-for-august-7th-adnc-atro-chmi-clin-hrtx-iae-jd-m-mik-moko/191175/
MOKO recommended at 10.00 a share.
I talked with Joe and Bob. Very nice conversation. And Long. Everything is starting to move now with SCRH. Management is happy with the progress. A new group of advisors are looking at pulling traffic to ScoresLive. They are the movers and shakers involved in the online Sex Branch.
Also they have a new manager involved in locating new Licence clubs for Scores. Very good Person and pulling a lot of new clubs into the system. Not taking chances with all clubs, only the very best clubs are considered.
That investor newsletter will be very nice.
OldmanBadman Rdncoic
Hmmm...Blackcat7717...oldmanbadman rdncoic
Got an update on your post here and yes, it looks like within the next 30 days the share holder letter will go out or be posted on the scores holding website. The website is being updated also. Scores Live will be driven from those business people you mentioned. The quarterly report will be on time or just a 5 day delay and will be a good solid report, just not a great report. Showing gains and good information on revenue.
I get the feeling the company is focused on increased revenue for the company and that will translate into a higher stock price. Yes me too!
oldmanbadman rdncoic
MOKO.mobi’s Quiet Period Set To Expire on August 6th (NASDAQ:MOKO)
Posted by Jim Brewer on Aug 1st, 2014 // No Comments
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MOKO.mobi Ltd. logoMOKO.mobi’s (NASDAQ:MOKO) quiet period is set to expire on Wednesday, August 6th. MOKO.mobi had issued 1,100,000 shares in its public offering on June 27th, AR Network reports. The total size of the offering was $8,250,000 based on an initial share price of $7.50. During the company’s quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Shares of MOKO.mobi (NASDAQ:MOKO) traded down 4.53% on Friday, hitting $6.75. 2,699 shares of the company’s stock traded hands. MOKO.mobi has a one year low of $2.50 and a one year high of $12.56. The stock has a 50-day moving average of $7.44 and a 200-day moving average of $7.8. The company’s market cap is $89.5 million
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cobyfreedman • Jun 21, 2014 12:13 PM Flag
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Trump Entertainment Resorts Inc. plans to close one of its two Atlantic City casinos in September, putting about 1,000 people out of work in the seaside New Jersey resort town.
Employees were notified Monday that the company is reviewing options for the Trump Plaza Hotel and Casino and plans to shutter it as soon as Sept. 16, according to a statement from the company. That would leave the Atlantic City-based company with one property in the market, the Trump Taj Mahal
Got enough shares now. Now I need some SP improvement for sure.
waiting waiting waiting
The New York Knicks are not the only organization trying to keep Carmelo Anthony in New York.
According to TMZ Sports, Scores New York, one of the top strip clubs in the world, has offered Melo a “Melo Love” package if he re-signs with the Knicks.
The Scores New York “Melo Love” package includes:
– Free lapdances for life.
– Judging the “Dollars For Scholars” amateur pole dancing competition (15,000 scholarship in his name to the winner.)
– A new drink called “The Melo Carmelo” to be served in the club forever.
– His own personal ball girl and cheerleading squad for every Knicks game that would only cheer for Carmelo.
– A topless charity basketball in his honor (in which he could play) … “where holding is not a foul.”
Could Melo be tempted? I would!
NGM - NGM is the acronym for the NASDAQ Global Market which is the new name for the second tier of the Nasdaq National Market as of 2006 and includes the mid cap companies traded on the NASDAQ Stock Market. See NASDAQ Global Market above.