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$HKUP Now Live in Apple's App Store
Friendable Branded App Now Live in Apple's App Store
Phase I Complete With Name Change, Latest App Upgrade and New Brand Elements to Follow
CAMPBELL, CA--(Marketwired - Sep 10, 2015) - iHookup Social, Inc. (OTC PINK: HKUP) is pleased to announce the Company that the 'Friendable' name change has now been completed in this latest version of its popular mobile app. The Friendable app has also been approved and is now live in the Apple App Store.
The introduction of the 'Friendable' name is a significant milestone for the company and marks a specific transition point for the app, as well as its current user base. As the new name is now reflected in the app, the logo and icon remains the same in the near term, while the Company finalizes all remaining brand assets and completes its pivot toward the broader market of Friendable.
"We are pleased to see the Friendable banner now attached to our current app as we remain focused on conveying our entire spectrum of brand assets to our shareholders in the coming weeks," stated Robert Rositano, Jr., CEO, iHookup Social, Inc. "We are continually testing against our user community to ensure our brand is not only approachable, but reassures the simple message that everything starts with friendship -- dating is secondary. This latest milestone is yet another marker along the way to completing the necessary items that allow our app grow and stay relevant in a fast-paced mobile/social marketplace."
About iHookup Social:
iHookup Social is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps.
Making connections through online or mobile devices has become a dominant part of today's mobile-social lifestyle, across various social circles, age groups, race, gender and demographics. iHookup Social takes the virtual connection and moves it toward a real-life interaction, facilitating connections and offering-up locally relevant hot spots and locations to meet up with these new connections, allowing iHookup Social to become both matchmaker and concierge. This combination provides a unique opportunity for consumer brands to offer incentives to a growing network of socially active mobile users on a hyper-local basis.
Yes! And when women sign up, everyone signs up!
The Friendable app has been approved and is now live in the Apple App Store! New start for HKUP!
Yeah, it wont be long until we reach pennyland, imo
$HKUP Going Strong; Great Chart!!
High Points: Rebranding, Notes In Friendly Hands
Chart looks fantastic!!
June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company's other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.
This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders.
HKUP $1.5 Million Funding
In addition to this note roll-up, HKUP also announce it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
HKUP has already received the first tranche of $750,000, and is expected to receive the rest upon stock performance gauges. This puts in place a friendly and large source of funding behind HKUP now.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
HKUP has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP Going Strong; Great Chart!!
High Points: Rebranding, Notes In Friendly Hands
Chart looks fantastic!!
June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company's other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.
This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders.
HKUP $1.5 Million Funding
In addition to this note roll-up, HKUP also announce it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
HKUP has already received the first tranche of $750,000, and is expected to receive the rest upon stock performance gauges. This puts in place a friendly and large source of funding behind HKUP now.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
HKUP has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP on 'Watch' for Potential Multi-Penny Rally
(NEW YORK)-- iHookup Social, Inc. (OTC:HKUP), a fully reporting public company that develops and markets a mobile app based on hyper-local connections, places convertible notes in more friendly hands.
As any experienced trader knows the biggest killer to any investor rally is when outstanding notes are converted and dumped into any run by known toxic funders. These have been a major issues over past few years as small public companies find their only source of working capital is from these known toxic note funders, which always results in sharp dilution and price decreases. These toxic funders have little to no interest in the long-term prospects of companies they fund, and tend to sell once matured deep below the bid usually resulting in major losses for small investors in these stocks.
Well, on June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company's other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.
This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders.
HKUP $1.5 Million Funding
In addition to this note roll-up, HKUP also announce it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
HKUP has already received the first tranche of $750,000, and is expected to receive the rest upon stock performance gauges. This puts in place a friendly and large source of funding behind HKUP now.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
HKUP has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP on 'Watch' for Potential Multi-Penny Rally
(NEW YORK)-- iHookup Social, Inc. (OTC:HKUP), a fully reporting public company that develops and markets a mobile app based on hyper-local connections, places convertible notes in more friendly hands.
As any experienced trader knows the biggest killer to any investor rally is when outstanding notes are converted and dumped into any run by known toxic funders. These have been a major issues over past few years as small public companies find their only source of working capital is from these known toxic note funders, which always results in sharp dilution and price decreases. These toxic funders have little to no interest in the long-term prospects of companies they fund, and tend to sell once matured deep below the bid usually resulting in major losses for small investors in these stocks.
Well, on June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company's other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.
This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders.
HKUP $1.5 Million Funding
In addition to this note roll-up, HKUP also announce it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
HKUP has already received the first tranche of $750,000, and is expected to receive the rest upon stock performance gauges. This puts in place a friendly and large source of funding behind HKUP now.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
HKUP has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP Rebranded!!
iHookup Social Announces Formal Name Change to 'Friendable' and Symbol Change to Reflect New Brand
CAMPBELL, CA--(Marketwired - Sep 8, 2015) - iHookup Social, Inc. (OTC PINK: HKUP) is pleased to announce the Company's recent filing request with the SEC for a formal name and symbol change. Its preliminary 14C was filed on August 25, 2015 and will require the Company to wait 10 days, prior to its final filing submission.
The company expects to file its Definitive 14C on September 8, 2015, which will be followed by a FINRA filing and request for effectiveness of the Company's request to become Friendable, Inc. with a stock symbol that will more closely resemble its new brand.
The Company anticipates formal approval and the effectuation of the name and symbol change on September 30, 2015.
"We are completing our pivot to a brand that minimizes misinterpretation and is inherently 'Friendly' across all social circles. New connections should not come with so many pressures and with Friendable being the main call to action, we believe our brand will offer users the inclusive opportunity to be creative, direct and even adventurous when it comes to what they are actually Friendable for -- all based on the specifics of a request and location," stated Robert Rositano, Jr., CEO, iHookup Social, Inc.
"It is a very exciting time for the company and we intend to communicate actively over the next few months as new roll-outs, designs, members and more continue to emerge from Friendable," stated Rositano. "As always, we will be highly transparent and inform our shareholders of all new or relevant developments."
About iHookup Social:
iHookup Social is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps.
Making connections through online or mobile devices has become a dominant part of today's mobile-social lifestyle, across various social circles, age groups, race, gender and demographics. iHookup Social takes the virtual connection and moves it toward a real-life interaction, facilitating connections and offering-up locally relevant hot spots and locations to meet up with these new connections, allowing iHookup Social to become both matchmaker and concierge. This combination provides a unique opportunity for consumer brands to offer incentives to a growing network of socially active mobile users on a hyper-local basis.
$HKUP Rebranded!!
iHookup Social Announces Formal Name Change to 'Friendable' and Symbol Change to Reflect New Brand
CAMPBELL, CA--(Marketwired - Sep 8, 2015) - iHookup Social, Inc. (OTC PINK: HKUP) is pleased to announce the Company's recent filing request with the SEC for a formal name and symbol change. Its preliminary 14C was filed on August 25, 2015 and will require the Company to wait 10 days, prior to its final filing submission.
The company expects to file its Definitive 14C on September 8, 2015, which will be followed by a FINRA filing and request for effectiveness of the Company's request to become Friendable, Inc. with a stock symbol that will more closely resemble its new brand.
The Company anticipates formal approval and the effectuation of the name and symbol change on September 30, 2015.
"We are completing our pivot to a brand that minimizes misinterpretation and is inherently 'Friendly' across all social circles. New connections should not come with so many pressures and with Friendable being the main call to action, we believe our brand will offer users the inclusive opportunity to be creative, direct and even adventurous when it comes to what they are actually Friendable for -- all based on the specifics of a request and location," stated Robert Rositano, Jr., CEO, iHookup Social, Inc.
"It is a very exciting time for the company and we intend to communicate actively over the next few months as new roll-outs, designs, members and more continue to emerge from Friendable," stated Rositano. "As always, we will be highly transparent and inform our shareholders of all new or relevant developments."
About iHookup Social:
iHookup Social is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps.
Making connections through online or mobile devices has become a dominant part of today's mobile-social lifestyle, across various social circles, age groups, race, gender and demographics. iHookup Social takes the virtual connection and moves it toward a real-life interaction, facilitating connections and offering-up locally relevant hot spots and locations to meet up with these new connections, allowing iHookup Social to become both matchmaker and concierge. This combination provides a unique opportunity for consumer brands to offer incentives to a growing network of socially active mobile users on a hyper-local basis.
$HKUP Hits 600,000+ Mobile Users, Upgrades Social Networking App
(NEW YORK)--iHookup Social, Inc. (OTC:HKUP), a social networking development company, announced upgrade to its mobile social networking app as registered users now exceed 600,000.
HKUP announced it had taken the first step in introducing the 'Friendable' name into its current mobile app with this latest submission to the Apple App Store.
This is the first step of a phased approach by the Company as it sets the stage to release the Company's new logo, brand icon and social media elements in the coming weeks. The current app submission includes several upgrades and introduces the new name across all app screens, shifting all references to "Hookup" (or Hooking up) to Friendable, while utilizing the company's existing brand icon in the design, until it is ultimately replaced with the Company's new brand. The upgraded app also completes all optimizations required to comply with Apple's most recent 64-bit operating systems upgrade.
Per User Valuation
In addition to the upgrade the Company announced that they now have over 600,000+ registered users on their mobile social networking platform.
Bank of America analysts said they estimated a value of $27 per user for Tinder app's 50 million users, which leads to a valuation of $1.35 billion. However, they added that this estimate is below the $33 per user Facebook paid for Instagram, and the $42 per user they paid for WhatsApp.
Based on Tinder's value model of around $27 per user, and HKUP current 600,000+ registered users, this should give HKUP a market valuation of around $15 million based on this formula. HKUP currently has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share, or market cap of only around $1 million.
Closes $1.5 Million in Funding
The Company recently announced it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces “hyper-local” advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of “being social” or “meeting up,” now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP Hits 600,000+ Mobile Users, Upgrades Social Networking App
(NEW YORK)--iHookup Social, Inc. (OTC:HKUP), a social networking development company, announced upgrade to its mobile social networking app as registered users now exceed 600,000.
HKUP announced it had taken the first step in introducing the 'Friendable' name into its current mobile app with this latest submission to the Apple App Store.
This is the first step of a phased approach by the Company as it sets the stage to release the Company's new logo, brand icon and social media elements in the coming weeks. The current app submission includes several upgrades and introduces the new name across all app screens, shifting all references to "Hookup" (or Hooking up) to Friendable, while utilizing the company's existing brand icon in the design, until it is ultimately replaced with the Company's new brand. The upgraded app also completes all optimizations required to comply with Apple's most recent 64-bit operating systems upgrade.
Per User Valuation
In addition to the upgrade the Company announced that they now have over 600,000+ registered users on their mobile social networking platform.
Bank of America analysts said they estimated a value of $27 per user for Tinder app's 50 million users, which leads to a valuation of $1.35 billion. However, they added that this estimate is below the $33 per user Facebook paid for Instagram, and the $42 per user they paid for WhatsApp.
Based on Tinder's value model of around $27 per user, and HKUP current 600,000+ registered users, this should give HKUP a market valuation of around $15 million based on this formula. HKUP currently has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share, or market cap of only around $1 million.
Closes $1.5 Million in Funding
The Company recently announced it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces “hyper-local” advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of “being social” or “meeting up,” now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
Great run we're seeing here, the re-branding is working! Go HKUP!
$HKUP Rebranded!!
iHookup Social Announces Formal Name Change to 'Friendable' and Symbol Change to Reflect New Brand
CAMPBELL, CA--(Marketwired - Sep 8, 2015) - iHookup Social, Inc. (OTC PINK: HKUP) is pleased to announce the Company's recent filing request with the SEC for a formal name and symbol change. Its preliminary 14C was filed on August 25, 2015 and will require the Company to wait 10 days, prior to its final filing submission.
The company expects to file its Definitive 14C on September 8, 2015, which will be followed by a FINRA filing and request for effectiveness of the Company's request to become Friendable, Inc. with a stock symbol that will more closely resemble its new brand.
The Company anticipates formal approval and the effectuation of the name and symbol change on September 30, 2015.
"We are completing our pivot to a brand that minimizes misinterpretation and is inherently 'Friendly' across all social circles. New connections should not come with so many pressures and with Friendable being the main call to action, we believe our brand will offer users the inclusive opportunity to be creative, direct and even adventurous when it comes to what they are actually Friendable for -- all based on the specifics of a request and location," stated Robert Rositano, Jr., CEO, iHookup Social, Inc.
"It is a very exciting time for the company and we intend to communicate actively over the next few months as new roll-outs, designs, members and more continue to emerge from Friendable," stated Rositano. "As always, we will be highly transparent and inform our shareholders of all new or relevant developments."
About iHookup Social:
iHookup Social is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps.
Making connections through online or mobile devices has become a dominant part of today's mobile-social lifestyle, across various social circles, age groups, race, gender and demographics. iHookup Social takes the virtual connection and moves it toward a real-life interaction, facilitating connections and offering-up locally relevant hot spots and locations to meet up with these new connections, allowing iHookup Social to become both matchmaker and concierge. This combination provides a unique opportunity for consumer brands to offer incentives to a growing network of socially active mobile users on a hyper-local basis.
$HKUP Rebranded!!
iHookup Social Announces Formal Name Change to 'Friendable' and Symbol Change to Reflect New Brand
CAMPBELL, CA--(Marketwired - Sep 8, 2015) - iHookup Social, Inc. (OTC PINK: HKUP) is pleased to announce the Company's recent filing request with the SEC for a formal name and symbol change. Its preliminary 14C was filed on August 25, 2015 and will require the Company to wait 10 days, prior to its final filing submission.
The company expects to file its Definitive 14C on September 8, 2015, which will be followed by a FINRA filing and request for effectiveness of the Company's request to become Friendable, Inc. with a stock symbol that will more closely resemble its new brand.
The Company anticipates formal approval and the effectuation of the name and symbol change on September 30, 2015.
"We are completing our pivot to a brand that minimizes misinterpretation and is inherently 'Friendly' across all social circles. New connections should not come with so many pressures and with Friendable being the main call to action, we believe our brand will offer users the inclusive opportunity to be creative, direct and even adventurous when it comes to what they are actually Friendable for -- all based on the specifics of a request and location," stated Robert Rositano, Jr., CEO, iHookup Social, Inc.
"It is a very exciting time for the company and we intend to communicate actively over the next few months as new roll-outs, designs, members and more continue to emerge from Friendable," stated Rositano. "As always, we will be highly transparent and inform our shareholders of all new or relevant developments."
About iHookup Social:
iHookup Social is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps.
Making connections through online or mobile devices has become a dominant part of today's mobile-social lifestyle, across various social circles, age groups, race, gender and demographics. iHookup Social takes the virtual connection and moves it toward a real-life interaction, facilitating connections and offering-up locally relevant hot spots and locations to meet up with these new connections, allowing iHookup Social to become both matchmaker and concierge. This combination provides a unique opportunity for consumer brands to offer incentives to a growing network of socially active mobile users on a hyper-local basis.
$HKUP Hits 600,000+ Mobile Users, Upgrades Social Networking App
By: staff reporter, John Bodger
Last Updated: September 02, 2015 10:45 AM EST
(NEW YORK)--iHookup Social, Inc. (OTC:HKUP), a social networking development company, announced upgrade to its mobile social networking app as registered users now exceed 600,000.
HKUP announced it had taken the first step in introducing the 'Friendable' name into its current mobile app with this latest submission to the Apple App Store.
This is the first step of a phased approach by the Company as it sets the stage to release the Company's new logo, brand icon and social media elements in the coming weeks. The current app submission includes several upgrades and introduces the new name across all app screens, shifting all references to "Hookup" (or Hooking up) to Friendable, while utilizing the company's existing brand icon in the design, until it is ultimately replaced with the Company's new brand. The upgraded app also completes all optimizations required to comply with Apple's most recent 64-bit operating systems upgrade.
Per User Valuation
In addition to the upgrade the Company announced that they now have over 600,000+ registered users on their mobile social networking platform.
Bank of America analysts said they estimated a value of $27 per user for Tinder app's 50 million users, which leads to a valuation of $1.35 billion. However, they added that this estimate is below the $33 per user Facebook paid for Instagram, and the $42 per user they paid for WhatsApp.
Based on Tinder's value model of around $27 per user, and HKUP current 600,000+ registered users, this should give HKUP a market valuation of around $15 million based on this formula. HKUP currently has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share, or market cap of only around $1 million.
Closes $1.5 Million in Funding
The Company recently announced it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces “hyper-local” advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of “being social” or “meeting up,” now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP Hits 600,000+ Mobile Users, Upgrades Social Networking App
By: staff reporter, John Bodger
Last Updated: September 02, 2015 10:45 AM EST
(NEW YORK)--iHookup Social, Inc. (OTC:HKUP), a social networking development company, announced upgrade to its mobile social networking app as registered users now exceed 600,000.
HKUP announced it had taken the first step in introducing the 'Friendable' name into its current mobile app with this latest submission to the Apple App Store.
This is the first step of a phased approach by the Company as it sets the stage to release the Company's new logo, brand icon and social media elements in the coming weeks. The current app submission includes several upgrades and introduces the new name across all app screens, shifting all references to "Hookup" (or Hooking up) to Friendable, while utilizing the company's existing brand icon in the design, until it is ultimately replaced with the Company's new brand. The upgraded app also completes all optimizations required to comply with Apple's most recent 64-bit operating systems upgrade.
Per User Valuation
In addition to the upgrade the Company announced that they now have over 600,000+ registered users on their mobile social networking platform.
Bank of America analysts said they estimated a value of $27 per user for Tinder app's 50 million users, which leads to a valuation of $1.35 billion. However, they added that this estimate is below the $33 per user Facebook paid for Instagram, and the $42 per user they paid for WhatsApp.
Based on Tinder's value model of around $27 per user, and HKUP current 600,000+ registered users, this should give HKUP a market valuation of around $15 million based on this formula. HKUP currently has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share, or market cap of only around $1 million.
Closes $1.5 Million in Funding
The Company recently announced it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces “hyper-local” advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of “being social” or “meeting up,” now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP Hits 600,000+ Mobile Users, Upgrades Social Networking App
By: staff reporter, John Bodger
Last Updated: September 02, 2015 10:45 AM EST
(NEW YORK)--iHookup Social, Inc. (OTC:HKUP), a social networking development company, announced upgrade to its mobile social networking app as registered users now exceed 600,000.
HKUP announced it had taken the first step in introducing the 'Friendable' name into its current mobile app with this latest submission to the Apple App Store.
This is the first step of a phased approach by the Company as it sets the stage to release the Company's new logo, brand icon and social media elements in the coming weeks. The current app submission includes several upgrades and introduces the new name across all app screens, shifting all references to "Hookup" (or Hooking up) to Friendable, while utilizing the company's existing brand icon in the design, until it is ultimately replaced with the Company's new brand. The upgraded app also completes all optimizations required to comply with Apple's most recent 64-bit operating systems upgrade.
Per User Valuation
In addition to the upgrade the Company announced that they now have over 600,000+ registered users on their mobile social networking platform.
Bank of America analysts said they estimated a value of $27 per user for Tinder app's 50 million users, which leads to a valuation of $1.35 billion. However, they added that this estimate is below the $33 per user Facebook paid for Instagram, and the $42 per user they paid for WhatsApp.
Based on Tinder's value model of around $27 per user, and HKUP current 600,000+ registered users, this should give HKUP a market valuation of around $15 million based on this formula. HKUP currently has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share, or market cap of only around $1 million.
Closes $1.5 Million in Funding
The Company recently announced it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces “hyper-local” advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of “being social” or “meeting up,” now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP Hits 600,000+ Mobile Users, Upgrades Social Networking App
By: staff reporter, John Bodger
Last Updated: September 02, 2015 10:45 AM EST
(NEW YORK)--iHookup Social, Inc. (OTC:HKUP), a social networking development company, announced upgrade to its mobile social networking app as registered users now exceed 600,000.
HKUP announced it had taken the first step in introducing the 'Friendable' name into its current mobile app with this latest submission to the Apple App Store.
This is the first step of a phased approach by the Company as it sets the stage to release the Company's new logo, brand icon and social media elements in the coming weeks. The current app submission includes several upgrades and introduces the new name across all app screens, shifting all references to "Hookup" (or Hooking up) to Friendable, while utilizing the company's existing brand icon in the design, until it is ultimately replaced with the Company's new brand. The upgraded app also completes all optimizations required to comply with Apple's most recent 64-bit operating systems upgrade.
Per User Valuation
In addition to the upgrade the Company announced that they now have over 600,000+ registered users on their mobile social networking platform.
Bank of America analysts said they estimated a value of $27 per user for Tinder app's 50 million users, which leads to a valuation of $1.35 billion. However, they added that this estimate is below the $33 per user Facebook paid for Instagram, and the $42 per user they paid for WhatsApp.
Based on Tinder's value model of around $27 per user, and HKUP current 600,000+ registered users, this should give HKUP a market valuation of around $15 million based on this formula. HKUP currently has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share, or market cap of only around $1 million.
Closes $1.5 Million in Funding
The Company recently announced it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces “hyper-local” advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of “being social” or “meeting up,” now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP on 'Watch' for Potential Multi-Penny Rally
(NEW YORK)-- iHookup Social, Inc. (OTC:HKUP), a fully reporting public company that develops and markets a mobile app based on hyper-local connections, places convertible notes in more friendly hands.
As any experienced trader knows the biggest killer to any investor rally is when outstanding notes are converted and dumped into any run by known toxic funders. These have been a major issues over past few years as small public companies find their only source of working capital is from these known toxic note funders, which always results in sharp dilution and price decreases. These toxic funders have little to no interest in the long-term prospects of companies they fund, and tend to sell once matured deep below the bid usually resulting in major losses for small investors in these stocks.
Well, on June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company's other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.
This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders.
HKUP $1.5 Million Funding
In addition to this note roll-up, HKUP also announce it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
HKUP has already received the first tranche of $750,000, and is expected to receive the rest upon stock performance gauges. This puts in place a friendly and large source of funding behind HKUP now.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
HKUP has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP on 'Watch' for Potential Multi-Penny Rally
(NEW YORK)-- iHookup Social, Inc. (OTC:HKUP), a fully reporting public company that develops and markets a mobile app based on hyper-local connections, places convertible notes in more friendly hands.
As any experienced trader knows the biggest killer to any investor rally is when outstanding notes are converted and dumped into any run by known toxic funders. These have been a major issues over past few years as small public companies find their only source of working capital is from these known toxic note funders, which always results in sharp dilution and price decreases. These toxic funders have little to no interest in the long-term prospects of companies they fund, and tend to sell once matured deep below the bid usually resulting in major losses for small investors in these stocks.
Well, on June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company's other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.
This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders.
HKUP $1.5 Million Funding
In addition to this note roll-up, HKUP also announce it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
HKUP has already received the first tranche of $750,000, and is expected to receive the rest upon stock performance gauges. This puts in place a friendly and large source of funding behind HKUP now.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
HKUP has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$HKUP -> 600,000+ mobile users, toxic notes locked up!
- Already has 600,000+ register mobile users on app
- New firend and follow model to push to 1 million+ fast
- Toxic notes placed into friendly hands, no dumping
- $1.5 million in new friendly funding
140 million outstanding, ready to run to PENNYLAND!!
$HKUP -> 600,000+ mobile users, toxic notes locked up!
- Already has 600,000+ register mobile users on app
- New firend and follow model to push to 1 million+ fast
- Toxic notes placed into friendly hands, no dumping
- $1.5 million in new friendly funding
140 million outstanding, ready to run to PENNYLAND!!
$HKUP -> 600,000+ mobile users, toxic notes locked up!
- Already has 600,000+ register mobile users on app
- New firend and follow model to push to 1 million+ fast
- Toxic notes placed into friendly hands, no dumping
- $1.5 million in new friendly funding
140 million outstanding, ready to run to PENNYLAND!!
$HKUP -> 600,000+ mobile users, toxic notes locked up!
- Already has 600,000+ register mobile users on app
- New firend and follow model to push to 1 million+ fast
- Toxic notes placed into friendly hands, no dumping
- $1.5 million in new friendly funding
140 million outstanding, ready to run to PENNYLAND!!
Yes! It could also be used for sports, politics, etc. The possibilities are endless!
That's a fantastic idea, would be huge!
$HKUP Places Convertible Notes into Friendly Hands
(NEW YORK)-- iHookup Social, Inc. (OTC:HKUP), a fully reporting public company that develops and markets a mobile app based on hyper-local connections, places convertible notes in more friendly hands.
As any experienced trader knows the biggest killer to any investor rally is when outstanding notes are converted and dumped into any run by known toxic funders. These have been a major issues over past few years as small public companies find their only source of working capital is from these known toxic note funders, which always results in sharp dilution and price decreases. These toxic funders have little to no interest in the long-term prospects of companies they fund, and tend to sell once matured deep below the bid usually resulting in major losses for small investors in these stocks.
Well, on June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company's other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.
This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders.
HKUP $1.5 Million Funding
In addition to this note roll-up, HKUP also announce it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
HKUP has already received the first tranche of $750,000, and is expected to receive the rest upon stock performance gauges. This puts in place a friendly and large source of funding behind HKUP now.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
HKUP has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
About Wall Street Newscast
Located in New York City, Wall Street Newscast (WSNC) has been providing Wall Street investor presentations for both public and private companies since 1998. WSNC offers a wide-range of services to companies and investor relation professionals to discuss their recent news announcements, earnings reports, and corporate events to a diverse network of individual and institutional investors on Wall Street. www.wallstreetnewscast.com
$HKUP Places Convertible Notes into Friendly Hands
(NEW YORK)-- iHookup Social, Inc. (OTC:HKUP), a fully reporting public company that develops and markets a mobile app based on hyper-local connections, places convertible notes in more friendly hands.
As any experienced trader knows the biggest killer to any investor rally is when outstanding notes are converted and dumped into any run by known toxic funders. These have been a major issues over past few years as small public companies find their only source of working capital is from these known toxic note funders, which always results in sharp dilution and price decreases. These toxic funders have little to no interest in the long-term prospects of companies they fund, and tend to sell once matured deep below the bid usually resulting in major losses for small investors in these stocks.
Well, on June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company's other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.
This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders.
HKUP $1.5 Million Funding
In addition to this note roll-up, HKUP also announce it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
HKUP has already received the first tranche of $750,000, and is expected to receive the rest upon stock performance gauges. This puts in place a friendly and large source of funding behind HKUP now.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
HKUP has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces "hyper-local" advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of "being social" or "meeting up," now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
About Wall Street Newscast
Located in New York City, Wall Street Newscast (WSNC) has been providing Wall Street investor presentations for both public and private companies since 1998. WSNC offers a wide-range of services to companies and investor relation professionals to discuss their recent news announcements, earnings reports, and corporate events to a diverse network of individual and institutional investors on Wall Street. www.wallstreetnewscast.com
Check out this great news!
Found this on Wall Street Newscast
HKUP Places Convertible Notes into Friendly Hands
Last Updated: Aug. 21, 2014 - 8:00am EST
(NEW YORK)--
iHookup Social, Inc. (OTC:HKUP), a fully reporting public company that develops and markets a mobile app based on hyper-local connections, places convertible notes in more friendly hands.
As any experienced trader knows the biggest killer to any investor rally is when outstanding notes are converted and dumped into any run by known toxic funders. These have been a major issues over past few years as small public companies find their only source of working capital is from these known toxic note funders, which always results in sharp dilution and price decreases. These toxic funders have little to no interest in the long-term prospects of companies they fund, and tend to sell once matured deep below the bid usually resulting in major losses for small investors in these stocks.
Well, on June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company’s other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.
This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders.
HKUP $1.5 Million Funding
In addition to this note roll-up, HKUP also announce it has secured $1.5 million in financing from Alpha Capital, through way of introduction from Coventry Enterprises, providing the Company with necessary funds to execute its 12 month growth plan of its mobile GPS social networking platform.
HKUP has already received the first tranche of $750,000, and is expected to receive the rest upon stock performance gauges. This puts in place a friendly and large source of funding behind HKUP now.
This new funding now positions HKUP to launch out its new social GPS mobile app Friendable platform, and more important greatly reduce need for company to tap new toxic funding sources in future, and can be very bullish for any stock appreciation from these levels.
HKUP has around 140 million shares issued and outstanding, and closed at a price of around $0.0075 per share.
About Friendable
Friendable is a mobile-social app positioned at the intersection of location based connections, love and adventure, stimulating hyper-local opportunities for our user community as well as the venues and merchants competing for their business.
The company seeks to redefine the way people connect, find love or embark on an adventure. iHookup Social is where real people make real connections and businesses pay to be their host. The by-product of our business model inherently produces “hyper-local” advertising opportunities for the company, driving customers to local venues and / or businesses. The laws of attraction or making a new connection have shifted, with the traditional meaning of “being social” or “meeting up,” now taking a backseat to meeting online or through a mobile device and apps. www.friendable.com
About iHookup Social:
iHookup Social is a mobile - social app positioned at the intersection of location based connections, love and adventure, stimulating hyper - local opportunities for our user community as well as the venues and merchants competing for their business. www.ihookupsocial.com
$TWSI Making Move Towards Profitability
(NEW YORK)--TriStar Welness Solutions, Inc. (OTC:TWSI), a health and wellness company, may be moving towards profitability as their gross margins are indicated to show continued improvement.
In a 10Q-NT filing late Friday TWSI indicated they would show increased gross margins based on their out sourcing manufacturing of their HemCon products to a third party. This has had the effect in decreasing TWSI's net loss dramatically, and may be setting the stage for the company to post a profit this year,
TWSI cost of goods sold for the three months ended March 31, 2015 was $398,000, compared to $1,038,000 for the same period in 2014. The Company's gross margins increased significantly for the three months ended March 31, 2015 compared to March 31, 2014, primarily due to their transition from in-house manufacturing of their HemCon products to utilizing outsourced, third-party manufacturers. This transition began in December 2014.
Based on these improved gross margins TWSI operating loss decrease nearly 50% to approximately ($583,000) for the three months ended March 31, 2015, compared to an operating loss of ($1,207,000) for the three months ended March 31, 2014.
Based on these increased gross margins, and rapidly decreasing net loss, TWSI may be on path to potentially become profitable sometime in fiscal 2015.
To get an idea of the possible interest in this sector one can look at Arch Theraputices, Inc. (OTC:ARTH), which recently say its stock rally from $0.20 to near $0.40 on very high volume. ARTH is another hemostatic company that is pre-clinical trials, where as TWSI current holds both FDA and CFDA approval in the US and China.
TWSI currently has around 25 million shares issued and outstanding, and was last traded around $0.13 per share. http://www.otcmarkets.com/stock/twsi/quote
About TriStar Wellness Solutions, Inc.
TriStar Wellness Solutions (OTC:TWSI) is a health and wellness company that targets under-met consumer opportunities in the OTC and professional marketplace. Its core strategy plans to meet the growing demand for personalized, care solutions by leveraging proprietary innovation and healthcare technology with the rapid transformation of the healthcare marketplace to create innovative, science based solutions and brands. TriStar recently acquired HemCon Medical Technologies Inc., a developer, manufacturer, and marketer of innovative technologies for hemostatic devices for the control of bleeding resulting from trauma or surgery. It also owns the Beauty de MamanTM brand of women's health products. Additional information is available at www.tstarwellness.com
$TWSI Making Move Towards Profitability
(NEW YORK)--TriStar Welness Solutions, Inc. (OTC:TWSI), a health and wellness company, may be moving towards profitability as their gross margins are indicated to show continued improvement.
In a 10Q-NT filing late Friday TWSI indicated they would show increased gross margins based on their out sourcing manufacturing of their HemCon products to a third party. This has had the effect in decreasing TWSI's net loss dramatically, and may be setting the stage for the company to post a profit this year,
TWSI cost of goods sold for the three months ended March 31, 2015 was $398,000, compared to $1,038,000 for the same period in 2014. The Company's gross margins increased significantly for the three months ended March 31, 2015 compared to March 31, 2014, primarily due to their transition from in-house manufacturing of their HemCon products to utilizing outsourced, third-party manufacturers. This transition began in December 2014.
Based on these improved gross margins TWSI operating loss decrease nearly 50% to approximately ($583,000) for the three months ended March 31, 2015, compared to an operating loss of ($1,207,000) for the three months ended March 31, 2014.
Based on these increased gross margins, and rapidly decreasing net loss, TWSI may be on path to potentially become profitable sometime in fiscal 2015.
To get an idea of the possible interest in this sector one can look at Arch Theraputices, Inc. (OTC:ARTH), which recently say its stock rally from $0.20 to near $0.40 on very high volume. ARTH is another hemostatic company that is pre-clinical trials, where as TWSI current holds both FDA and CFDA approval in the US and China.
TWSI currently has around 25 million shares issued and outstanding, and was last traded around $0.13 per share. http://www.otcmarkets.com/stock/twsi/quote
About TriStar Wellness Solutions, Inc.
TriStar Wellness Solutions (OTC:TWSI) is a health and wellness company that targets under-met consumer opportunities in the OTC and professional marketplace. Its core strategy plans to meet the growing demand for personalized, care solutions by leveraging proprietary innovation and healthcare technology with the rapid transformation of the healthcare marketplace to create innovative, science based solutions and brands. TriStar recently acquired HemCon Medical Technologies Inc., a developer, manufacturer, and marketer of innovative technologies for hemostatic devices for the control of bleeding resulting from trauma or surgery. It also owns the Beauty de MamanTM brand of women's health products. Additional information is available at www.tstarwellness.com
$TWSI Making Move Towards Profitability
(NEW YORK)--TriStar Welness Solutions, Inc. (OTC:TWSI), a health and wellness company, may be moving towards profitability as their gross margins are indicated to show continued improvement.
In a 10Q-NT filing late Friday TWSI indicated they would show increased gross margins based on their out sourcing manufacturing of their HemCon products to a third party. This has had the effect in decreasing TWSI's net loss dramatically, and may be setting the stage for the company to post a profit this year,
TWSI cost of goods sold for the three months ended March 31, 2015 was $398,000, compared to $1,038,000 for the same period in 2014. The Company's gross margins increased significantly for the three months ended March 31, 2015 compared to March 31, 2014, primarily due to their transition from in-house manufacturing of their HemCon products to utilizing outsourced, third-party manufacturers. This transition began in December 2014.
Based on these improved gross margins TWSI operating loss decrease nearly 50% to approximately ($583,000) for the three months ended March 31, 2015, compared to an operating loss of ($1,207,000) for the three months ended March 31, 2014.
Based on these increased gross margins, and rapidly decreasing net loss, TWSI may be on path to potentially become profitable sometime in fiscal 2015.
To get an idea of the possible interest in this sector one can look at Arch Theraputices, Inc. (OTC:ARTH), which recently say its stock rally from $0.20 to near $0.40 on very high volume. ARTH is another hemostatic company that is pre-clinical trials, where as TWSI current holds both FDA and CFDA approval in the US and China.
TWSI currently has around 25 million shares issued and outstanding, and was last traded around $0.13 per share. http://www.otcmarkets.com/stock/twsi/quote
About TriStar Wellness Solutions, Inc.
TriStar Wellness Solutions (OTC:TWSI) is a health and wellness company that targets under-met consumer opportunities in the OTC and professional marketplace. Its core strategy plans to meet the growing demand for personalized, care solutions by leveraging proprietary innovation and healthcare technology with the rapid transformation of the healthcare marketplace to create innovative, science based solutions and brands. TriStar recently acquired HemCon Medical Technologies Inc., a developer, manufacturer, and marketer of innovative technologies for hemostatic devices for the control of bleeding resulting from trauma or surgery. It also owns the Beauty de MamanTM brand of women's health products. Additional information is available at www.tstarwellness.com
$TWSI Making Move Towards Profitability
(NEW YORK)--TriStar Welness Solutions, Inc. (OTC:TWSI), a health and wellness company, may be moving towards profitability as their gross margins are indicated to show continued improvement.
In a 10Q-NT filing late Friday TWSI indicated they would show increased gross margins based on their out sourcing manufacturing of their HemCon products to a third party. This has had the effect in decreasing TWSI's net loss dramatically, and may be setting the stage for the company to post a profit this year,
TWSI cost of goods sold for the three months ended March 31, 2015 was $398,000, compared to $1,038,000 for the same period in 2014. The Company's gross margins increased significantly for the three months ended March 31, 2015 compared to March 31, 2014, primarily due to their transition from in-house manufacturing of their HemCon products to utilizing outsourced, third-party manufacturers. This transition began in December 2014.
Based on these improved gross margins TWSI operating loss decrease nearly 50% to approximately ($583,000) for the three months ended March 31, 2015, compared to an operating loss of ($1,207,000) for the three months ended March 31, 2014.
Based on these increased gross margins, and rapidly decreasing net loss, TWSI may be on path to potentially become profitable sometime in fiscal 2015.
To get an idea of the possible interest in this sector one can look at Arch Theraputices, Inc. (OTC:ARTH), which recently say its stock rally from $0.20 to near $0.40 on very high volume. ARTH is another hemostatic company that is pre-clinical trials, where as TWSI current holds both FDA and CFDA approval in the US and China.
TWSI currently has around 25 million shares issued and outstanding, and was last traded around $0.13 per share. http://www.otcmarkets.com/stock/twsi/quote
About TriStar Wellness Solutions, Inc.
TriStar Wellness Solutions (OTC:TWSI) is a health and wellness company that targets under-met consumer opportunities in the OTC and professional marketplace. Its core strategy plans to meet the growing demand for personalized, care solutions by leveraging proprietary innovation and healthcare technology with the rapid transformation of the healthcare marketplace to create innovative, science based solutions and brands. TriStar recently acquired HemCon Medical Technologies Inc., a developer, manufacturer, and marketer of innovative technologies for hemostatic devices for the control of bleeding resulting from trauma or surgery. It also owns the Beauty de MamanTM brand of women's health products. Additional information is available at www.tstarwellness.com
$TWSI Making Move Towards Profitability
(NEW YORK)--TriStar Welness Solutions, Inc. (OTC:TWSI), a health and wellness company, may be moving towards profitability as their gross margins are indicated to show continued improvement.
In a 10Q-NT filing late Friday TWSI indicated they would show increased gross margins based on their out sourcing manufacturing of their HemCon products to a third party. This has had the effect in decreasing TWSI's net loss dramatically, and may be setting the stage for the company to post a profit this year,
TWSI cost of goods sold for the three months ended March 31, 2015 was $398,000, compared to $1,038,000 for the same period in 2014. The Company's gross margins increased significantly for the three months ended March 31, 2015 compared to March 31, 2014, primarily due to their transition from in-house manufacturing of their HemCon products to utilizing outsourced, third-party manufacturers. This transition began in December 2014.
Based on these improved gross margins TWSI operating loss decrease nearly 50% to approximately ($583,000) for the three months ended March 31, 2015, compared to an operating loss of ($1,207,000) for the three months ended March 31, 2014.
Based on these increased gross margins, and rapidly decreasing net loss, TWSI may be on path to potentially become profitable sometime in fiscal 2015.
To get an idea of the possible interest in this sector one can look at Arch Theraputices, Inc. (OTC:ARTH), which recently say its stock rally from $0.20 to near $0.40 on very high volume. ARTH is another hemostatic company that is pre-clinical trials, where as TWSI current holds both FDA and CFDA approval in the US and China.
TWSI currently has around 25 million shares issued and outstanding, and was last traded around $0.13 per share. http://www.otcmarkets.com/stock/twsi/quote
About TriStar Wellness Solutions, Inc.
TriStar Wellness Solutions (OTC:TWSI) is a health and wellness company that targets under-met consumer opportunities in the OTC and professional marketplace. Its core strategy plans to meet the growing demand for personalized, care solutions by leveraging proprietary innovation and healthcare technology with the rapid transformation of the healthcare marketplace to create innovative, science based solutions and brands. TriStar recently acquired HemCon Medical Technologies Inc., a developer, manufacturer, and marketer of innovative technologies for hemostatic devices for the control of bleeding resulting from trauma or surgery. It also owns the Beauty de MamanTM brand of women's health products. Additional information is available at www.tstarwellness.com
$TWSI Making Move Towards Profitability
(NEW YORK)--TriStar Welness Solutions, Inc. (OTC:TWSI), a health and wellness company, may be moving towards profitability as their gross margins are indicated to show continued improvement.
In a 10Q-NT filing late Friday TWSI indicated they would show increased gross margins based on their out sourcing manufacturing of their HemCon products to a third party. This has had the effect in decreasing TWSI's net loss dramatically, and may be setting the stage for the company to post a profit this year,
TWSI cost of goods sold for the three months ended March 31, 2015 was $398,000, compared to $1,038,000 for the same period in 2014. The Company's gross margins increased significantly for the three months ended March 31, 2015 compared to March 31, 2014, primarily due to their transition from in-house manufacturing of their HemCon products to utilizing outsourced, third-party manufacturers. This transition began in December 2014.
Based on these improved gross margins TWSI operating loss decrease nearly 50% to approximately ($583,000) for the three months ended March 31, 2015, compared to an operating loss of ($1,207,000) for the three months ended March 31, 2014.
Based on these increased gross margins, and rapidly decreasing net loss, TWSI may be on path to potentially become profitable sometime in fiscal 2015.
To get an idea of the possible interest in this sector one can look at Arch Theraputices, Inc. (OTC:ARTH), which recently say its stock rally from $0.20 to near $0.40 on very high volume. ARTH is another hemostatic company that is pre-clinical trials, where as TWSI current holds both FDA and CFDA approval in the US and China.
TWSI currently has around 25 million shares issued and outstanding, and was last traded around $0.13 per share. http://www.otcmarkets.com/stock/twsi/quote
About TriStar Wellness Solutions, Inc.
TriStar Wellness Solutions (OTC:TWSI) is a health and wellness company that targets under-met consumer opportunities in the OTC and professional marketplace. Its core strategy plans to meet the growing demand for personalized, care solutions by leveraging proprietary innovation and healthcare technology with the rapid transformation of the healthcare marketplace to create innovative, science based solutions and brands. TriStar recently acquired HemCon Medical Technologies Inc., a developer, manufacturer, and marketer of innovative technologies for hemostatic devices for the control of bleeding resulting from trauma or surgery. It also owns the Beauty de MamanTM brand of women's health products. Additional information is available at www.tstarwellness.com
TWSI projecting higher gross margins...MAJOR!!!
This was from 10Q-NT filed. With higher gross margins then we could see some stronger earnings going forward from here. this is what was said in 10Q-NT
We anticipate our financial results for the three and six months ended June 30, 2015, will differ significantly from the prior year due to our transition from in-house manufacturing of our HemCon products to utilizing outsourced, third-party manufacturers. This transition began in December 2014. We believe this move will result in a significantly increased gross margin ratio for the products we sold during the three and six months ended June 30, 2015 compared to those sold during the three and six months ended June 30, 2014. The exact impact of these changes will not be known until our financial statements for the periods ended June 30, 2015 are completed.
This could finally start TWSI up to life!