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SpendSmart Network Surpasses 4 Million Customers
SpendSmart Networks, Inc. (OTCQB: SSPC) dba "SMS Masterminds," a leading full-service provider of mobile loyalty marketing solutions, doubles the subscriber base utilizing their platform in less than a year reaching 4,000,000 loyalty customers in North America.
http://finance.yahoo.com/news/spendsmart-network-surpasses-4-million-110214869.html;_ylt=A0LEV0a3n5JVGiEAsztXNyoA;_ylu=X3oDMTEyZXM2NHZ2BGNvbG8DYmYxBHBvcwMyBHZ0aWQDQjAyODJfMQRzZWMDc2M-
SMS Masterminds, part of SpendSmart Networks, Inc. Reports Successful First Quarter Launch of New Mobile Web and Reputation Management License
SAN LUIS OBISPO, Calif., Feb. 20, 2015 (GLOBE NEWSWIRE) -- via PRWEB - SpendSmart Networks, Inc. (SSPC) a leading national full-service mobile and loyalty marketing agency, which operates the SMS Masterminds Mobile Loyalty Software License, has achieved its first profitable month in January 2015.
Based on unaudited preliminary financials, and excluding non-cash expenses such as stock based compensation and depreciation, January 2015 is the first profitable month for the company in recent history.
"This is another great milestone as we leverage our amazing team, board of directors, licensees and merchants to build a world-class organization. Our year-over-year revenue growth for January is almost 900%. We achieved this while expanding our team significantly to almost 50 people in San Luis Obispo, and getting our fiscal house in order. Closing the card business to focus on our core competency has placed the company in a more strategic stance for the future. Investing in our mobile division and making a strategic acquisition last year of TechXpress were aggressive moves that are already paying off," explains Alex Minicucci, CEO of SpendSmart.
Last year SpendSmart grew from approximately 55 Masterminds licensees to 170 by year-end, and from 1.4M customers to 3M at year-end. On Jan 5, 2015, a second software license, referred to as the "THRIVE license" was launched using resources from the TechXpress acquisition. As of Feb 18th, SpendSmart has 58 "THRIVE" licensees.
Minicucci continues, "We are excited by the results of the THRIVE license launch; it's a much needed solution for merchants and a strategic asset for our licensees. Coming in April we will be launching Off Day Trainer, our first niche product designed for the fitness industry. By leveraging our licensee network we deploy rapidly in markets across the country, creating new recurring revenue streams for ourselves and our licensees."
SpendSmart doubles year-over-year with 3 Million Customers, 170 Licensees
Rapid growth positions SpendSmart as the dominant provider of full-service mobile & loyalty solutions
SpendSmart Networks, Inc. 1 hour ago GlobeNewswire
SAN LUIS OBISPO, Calif., Jan. 8, 2015 (GLOBE NEWSWIRE) -- via PRWEB - SMS Masterminds, a division of the publicly traded SpendSmart Networks, Inc. (SSPC) a national full-service mobile and loyalty marketing agency, started the new year off with over 3 million subscribers participating in their nationwide loyalty programs as of January 1, 2015. This landmark arrives 12 months after reaching the 1.5 million customer mark early January 2014.
"These 3 million consumers have affirmed the value of our model: they openly and actively opted in to receive our text message alerts on their mobile phone. They have expressed their desire to develop a closer relationship with their favorite local merchants. We're helping merchants capitalize on that desire." explains Alex Minicucci, CEO of SpendSmart.
"Second , The subscriber represents real revenue to the Company; every text message that goes out we get compensated. The growth of our subscriber network, is directly reflected in the continuous and exponential growth of our revenues year-over-year."
"Third, it reflects the power of our network. The greater market penetration in each of our markets, the more friends or family will share the story and benefits of our solution. Success begets success - when merchants receive alerts from their favorite businesses, they realize the power of the solution and want it for themselves. We're starting to build real momentum in our maturing markets."
In addition to surpassing three million customers, SpendSmart also exceeded its goal for licensee acquisition by ending the year with 171 licensees in North America. This represents a network growth of approximately 110 licensees in 2014, almost tripling the size of the network in one year.
"In 2014 we saw unprecedented growth in our licensee base across North America. The growth was robust in urban, suburban and rural markets. The appeal of our business solution to the small business owner is universal and undeniable as evidenced by the growth in the number of our markets served to a customer base of more than 3 million subscribers!" adds Charles Gerencser, Chief Revenue Officer of SpendSmart. "We expect to continue this momentum into 2015."
How does one pay for 2 shares at .0001?
" Baltimore-based restaurant chain The Greene Turtle has seen increasing return business following its implementation of a cutting-edge text message marketing program for its Baltimore restaurants. Developed by the SMS Masterminds™ mobile/digital services division at SpendSmart Networks, Inc., a publicly traded company (OTCQB:SSPC), this unique system’s technology enhances the business-consumer relationship by enabling businesses to consistently reach and reward their customers, driving sales via text-message (SMS) coupons and promotions.
With the assistance of Jason Cohen of Mobilescoops.com, the local SMS Mastermind licensee covering the Baltimore area, The Greene Turtle implemented its text message marketing program in early 2013. With this new program, the restaurant chain was able to bring in 16,000 subscribers over a four-month period. "
Good Day Clay,
I am a new member to the inner circle as well as a new robotic trainee. I have a question for you. I just finished watching the MACD video. What source do you use for your MACD line? I have a default of close. I will re-watch the video again but it appears your trigger line leads on an uptrend while mine seems to be lagging on an uptrend.
Thanks
Good question.
Who is still on this board? I would like to see and discuss what is happening.
This stock seems to be waking up. Is it from the recent acquisition or something else.
Any thoughts would be greatly appreciated.
Wow, why did the bid just jump .20 per share that fast?
I am glad to see that ??
Someone does not like the pps to be above $4
Can someone please explain to me a 1 share trade?
What is this 6 shares, 10 shares, 25 share ???
Climb baby climb, even if it is slow lol
We are getting action, just not the right action