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For accounting purposes only........
Item 4.01. Changes in Registrant’s Certifying Accountant.
On January 7, 2016, Scores Holding Company, Inc. (the “Company” “we” or “us”) engaged RBSM LLP (“RBSM”) as our principal independent registered public accounting firm, and effective January 7, 2016, we dismissed Liggett, Vogt & Webb, P.A. (“Liggett”) as our principal independent registered public accounting firm. The decision to dismiss Liggett and to appoint RBSM was approved by our board of directors.
Liggett’s report on our financial statements for either of the two most recent fiscal years ended December 31, 2014 and 2013 did not contain an adverse opinion or disclaimer of opinion, or qualification or modification as to uncertainty, audit scope, or accounting principles, except that such report for the year ended December 31, 2013 on our financial statements contained an explanatory paragraph in respect to the substantial doubt about our ability to continue as a going concern.
During our two most recent fiscal years ended December 31, 2014 and 2013 and in the subsequent interim period through the date of dismissal, there were no disagreements, resolved or not, with Liggett on any matter of accounting principles or practices, financial statement disclosure, or audit scope and procedures, which disagreement(s), if not resolved to the satisfaction of Liggett, would have caused Liggett to make reference to the subject matter of the disagreement(s) in connection with its report.
During our two most recent fiscal years ended December 31, 2014 and 2013 and in the subsequent interim period through the date of dismissal, there were no reportable events as described in Item 304(a)(1)(v) of Regulation S-K.
We provided Liggett with a copy of the disclosure in this Item 4.01 of this Current Report on Form 8-K prior to its filing with the SEC, and requested that it furnish us with a letter addressed to the SEC stating whether it agrees with the statements made in this Item 4.01 of this current report on Form 8-K, and if not, stating the respects with which it does not agree. A copy of the letter provided from Liggett is filed as an Exhibit 16.1 to this Current Report on Form 8-K.
During our two most recent fiscal years ended December 31, 2014 and 2013 and in the subsequent interim period through the date of appointment, we have not consulted with RBSM regarding either the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements, nor has RBSM provided to us a written report or oral advice that RBSM concluded was an important factor considered by us in reaching a decision as to the accounting, auditing or financial reporting issue. In addition, during such periods, we have not consulted with RBSM regarding any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) and the related instructions) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).
Item 9.01 Financial Statements and Exhibits.
But always good to know................
News, but nothing............Except a picture.......
http://theadvocate.com/news/neworleans/neworleansnews/14505642-32/council-softens-proposal-to-ban-strip-club-dancers-under-21-but-moves-to-ban-new-clubs-for-1-year
So going into 2016, we have 6 scheduled clubs to open!
SCORES PRESENTS CHARLOTTE 1
SCORES PRESENTS CHARLOTTE 2
SCORES PRESENTS HICKORY
SCORES PRESENTS TROPHY CLUB
SCORES TOLEDO
SCORES PROVIDENCE
We have the SCORES LIVE WEBSITE
And we have these listed clubs operating. (Not all are producing revenue at present)
SCORES ATLANTIC CITY
SCORES BALTIMORE
SCORES CHICAGO
SCORES DETROIT
SCORES DOMINICAN REPUBLIC
SCORES NEW ORLEANS
SCORES HARVEY
SCORES HOUSTON
SCORES NWI
SCORES NEW YORK
SCORES SAVANNAH
SCORES JACKSONVILLE
SCORES NORTH CAROLINA
SCORES TAMPA
SCORES COLUMBUS
SCORES QUEENS
SCORES PALM BEACH
When all are producing, that will be 24 revenue streams. Who would not like to have millions of shares......:) :) :)
http://scoresholding.com/clubs/
Happy New Year to you too traderfan!
iwonone
It will be a very good year for sure. :) :) :)
Looks like website update on their club listing.
http://scoresholding.com/clubs/
Need an update on earning also.............
Yes you are correct. Have a nice XMAS.......
Now this is what I want to see and hear on the news releases from MKB/MOKO instead of that other poop they were pushing. They now have time to recover if this trend continues...............:) :) :)
SYDNEY, December 17 2015
REC*IT PASSES HALF A MILLION (500,000) MILESTONE
ALMOST 400% INCREASE IN ORGANIC GROWTH ACROSS U.S. COLLEGES
SINCE 2014 SOFT LAUNCH
MOKO Social Media Limited (NASDAQ: MOKO - ASX: MKB) is pleased to
announce that it has reached a significant milestone, with more than half a million
(500,000) students downloading and installing the REC*IT App.
Reaching this important growth point is made even more remarkable with the
fact that every user is acquired via the relationships with the colleges and their
REC teams. This has been achieved through marketing and information collateral
made available to the REC departments and their teams so that the colleges
themselves and our partners at IMLeagues (IML) can make students aware of
REC*IT. Whilst this organic strategy means that our growth may be slower than
other viral Apps, it is real and authentic.
REC*IT is deeply embedded in each member college’s existing ecosystem and
university staff around the country now count on our leading mobile
management software, available through our exclusive partnership with IML, to
effectively administer their intramural and recreational sports programming.
MOKO’s unprecedented access to more than 1,100 colleges and growing, and
protected by exclusive rights, in perpetuity, to the IML management software
(SaaS) and its corresponding data stream, means that REC*IT is the only mobile
product that has such a significant footprint across the U.S. collegiate market
place, creating a huge barrier to entry.
Paired with our ongoing commitment to relationship support across the
previously underserved campus rec community, we expect to continue our
growth and enhance our dominant position going forward.
Our aim is to make REC*IT so invaluable and indispensable that it ultimately
becomes the only tool through which schools can administer and students will
access recreational and intramural sports.
Old News, New News, maybe some new free advertising..................
SCORES™ Gentlemen’s Club Opens New Location in Tampa, FL
NEW YORK, Nov. 11, 2010 /PRNewswire/ — SCORES™ Holding, Inc., (OTC Bulletin Board: SCRH) the parent-company behind SCORES™ New York, the renowned institution made famous by notorious shock-jock Howard Stern, announces the opening of its newest licensee location, SCORES™ Gentlemen’s Club and Steakhouse, in Tampa, Florida. SCORES™ Holding, Inc. has signed a licensing agreement with Tampa Food & Entertainment, Inc. to run and operate the location.
Howard Stern Is Sticking With SiriusXM for Another Five Years
Re/code-3 hours ago
Radio's most famous personality has re-upped with SiriusXM and will be working for the satellite radio company for another five years, ...
Old Howard Stern gave SCORES HOLDING a lot of free advertising a few years ago. Maybe he might be getting ready to talk SCRH back up again.......
Robert Gans could give him a book of coupons for free lap dances, in turn Howard could talk Scores Holding up again.....
Good Day, 'iwonone'
It is a positive for a company in the business of building out the business plan not to have a lot of employees adding to the costs. I have always liked that. Mr. Gans has been upfront in his plans and not having a lot of employees was always part of his method to expand.
He has done everything except publish the Shareholder Letter at this point. I am still buying also. Small amounts add up in the long run...............:) :) :) Have a nice day.
"Thanks iwonone. Wishing you happy and peaceful holidays also"
Nice Charts while we wait..........................
http://markets.ft.com/research/Markets/Tearsheets/Financials?s=SCRH:PKC
MOKO's REC*IT App Named Gold Winner in the Best Mobile App 2015 Fall Awards
[?IMG]
MOKO Social Media Limited 3 hours ago
NEW YORK, NY--(Marketwired - Dec 10, 2015) - MOKO Social Media Limited (NASDAQ: MOKO) and (ASX: MKB), today announced that its flagship app, REC*IT, has been listed as a Gold Winner in the Best Sports App category of the 2015 Fall Best Mobile App Awards. This is another win in a string of successes for REC*IT, which recently won the Silver Award in the Lifestyle category of the 2015 USA App Design Awards, and has now reached almost half a million App installs.
The Best Mobile App Awards program is judged by numerous experts in the app design and development field and highlights the best app creations.
MOKO Social Media founder and CEO, Ian Rodwell, said, "I am delighted that REC*IT has been awarded Gold in the Best Mobile App Awards. This is a great achievement and reflects our commitment to creating apps that are truly user engaging, sleek, and easy to use by students across the U.S."
REC*IT is the only widely accepted college intramural and recreational sports app. Through MOKO's exclusive partnership with leading management software provider IMLeagues, MOKO has secured the exclusive perpetual rights to provide REC*IT to students across 1,100 colleges, representing over 50% of the U.S. college population and over 10 million students.
About MOKO SOCIAL MEDIA Limited
MOKO Social Media is at the forefront of the next generation in social media, providing innovative products and content to enable communities to engage and interact. MOKO provides tailored content for high value, niche user groups including students, political supporters and active lifestyle participants: communities that share common interests and need to engage regularly and efficiently. Within its student space, MOKO is a mobile leading U.S. college intramural and recreational sports platform. Agreements with the largest college and high school sports data providers in the U.S. grant MOKO exclusive access to provide its award-winning app REC*IT, and BigTeams powered by REC*IT, to over 1,100 U.S. colleges, representing approximately 50% of the U.S. college population, and to over 4,400 U.S. high schools respectively.
MOKO aims to capture its target audiences by becoming their destination of choice for information and interaction. It does this by creating highly relevant and exclusive content, and by providing the platforms that enable the communities to consume and share the content seamlessly across devices. This integrated approach gives MOKO unique and exclusive exposure to markets that are highly desired by advertisers and that can be leveraged for growth and revenue through advertising, sponsorship, social network distribution and other monetization of the platforms.
Mr. Robert M. Gans has been the Chief Executive Officer and President of Scores Holding Co. Inc., since August 6, 2010. Mr. Gans has been the Chief Ethics & Compliance Officer of Pricesmart Inc., since January 2014. Mr. Gans has been an Executive Vice President, General Counsel and Secretary of Pricesmart Inc. since August, 1997. He is the owner of Mitchell's East LLC. He served as an Executive Vice President and General Counsel of Pricesmart Enterprises Inc. from October 1994 to July 1997. He served as the senior member of the law firm of Gans, Blackmar & Stevens, A.P.C., of San Diego, California from 1988 to October 1994. He has been a Director of Scores Holding Co. Inc. since August 6, 2010. Mr. Gans graduated from University of California-Los Angeles School of Law in 1975.
Just look at this consistent and accelerating growth:
2009 revenues 387K
2010 revenues 514K
2011 revenues 629K
2012 revenues 693K
2013 revenues 731K
2014 revenues 835K
2015 revenues are projected to be between $1 million and $1.3 million
Just look at that. Mr. Gans is building this company for sure. No doubt about that................
Nice SCRH presentation............:) :) :)
WELL DONE Snoopy6
Snoopy6 Friday, 11/27/15 09:31:36 PM
Re: None
Post # of 1865
My new board **The current number 1 pick is Scores Holding (SCRH)**
http://investorshub.advfn.com/Short-Sales-Insider-Buys-Extremely-Undervalued-Stocks-30469/
Site back to:
www.scoresholding.com
Or just my internet here in Europe..........
Profitability (TTM)
Gross Margin --
Operating Margin 47.53%
EBITDA Margin 47.53%
Net Profit Margin 40.73%
As indicated by the Operating Margin, SCRH controls its costs and expenses better than 100% of its peers.
Lots of room here for a move up in SP. Lots of room...........
:) :) :)
Too bad they were not working 24/7 on these apps instead of girly bnr advertising for the billery boys and girls. Management may have lost our money on that poop. Liberals are certainly good on spending our money instead of theirs.......................But maybe they can dig in and deliver the goods now. Better late than never.................:( :( :(
ASX/NASDAQ Release
SYDNEY, November 24 2015
MOKO Launches Its Exclusive High School App “Bigteams Powered by REC*IT” To Over 4,000 U.S. High Schools - Allows MOKO to Capture The Highly Valuable Youth Demographic Cultivating A Student Audience From The Moment They Enter High School Until They Graduate College
Highlights
• Exclusive agreement with BigTeams grants MOKO access to provide its app, BigTeams powered by REC*IT, to over 4,000 U.S. high schools, targeting the highly valuable ‘youth’ demographic
• Extending audience reach from colleges into high schools, MOKO will engage and capture teen students, a highly desired demographic to brands and advertisers as they create more “word-of-mouth” content than any other age group
• MOKO will be able to capture and engage with a student user over an extended period of time, through transitioning a high school user to a REC*IT college user
MOKO Social Media (NASDAQ: MOKO and ASX: MKB) today announces the release its new app, BigTeams powered by REC*IT, made available to students at over 4,000 U.S. high schools, under an exclusive agreement with BigTeams, the largest high school sports software platform in the U.S.
MOKO’s app, BigTeams powered by REC*IT, uses BigTeams data to provide scheduling information, team rosters, player stats, up-to-date sports announcements and social media integration in an easy to use mobile app for both students and parents at high schools across the U.S.
The new app provides MOKO with a huge opportunity, extending its audience reach from an already valuable college market, into the highly sought after high school market. According to the U.S. Department of Education, there are approximately 15 million students enrolled in U.S. high schools this fall and BigTeams is the high school sports market leader with approximately 15% market share. This provides MOKO with a market opportunity of over 2 million high school students, and their parents. High school students are one of the most desired demographics by brands and advertisers, as teens aged 13 - 17 create more “word-of-mouth” content than any other age group. With 68.4% of students attending college after high school graduation, as reported by the Bureau of Labor, MOKO will also be able to transition users from BigTeams powered by REC*IT to its flagship college app, REC*IT, allowing MOKO to capture and engage with student users over multiple years, making those users even more valuable to advertisers.
MOKO’s suite of bespoke college apps include:
• REC*IT - the leading mobile app for college intramural and sport activities, made available exclusively to around 1,100 U.S. colleges;
• REC*IT FITNESS - MOKO’s recently launched app for college fitness activities; and,
• Speakiesy - a closed-campus social network that can only be accessed with a “.edu” email from a specific college.
The BigTeams powered by REC*IT app will roll-out with the assistance of BigTeams, who will market and promote the app to schools, faculty members and coaches through their pre-existing network and relationships. BigTeams and MOKO also plan to feature the new BigTeams powered by REC*IT app at the 2015 National Athletic Directors Conference and the National Interscholastic Athletic Administrators Association Annual Meeting in December, hosted in Orlando. This is one of the largest industry conferences for high school athletic directors, allowing MOKO to engage and inform thousands of high school administrators across the country about the benefits of the new BigTeams powered by REC*IT app.
For more information contact:
U.S.: Jed Latkin
917-957-4987
jed.latkin@mokosocialmedia.com
About MOKO SOCIAL MEDIA Limited
MOKO Social Media is at the forefront of the next generation in social media, providing innovative products and content to enable communities to engage and interact. MOKO provides tailored content for high value, niche user groups including students, political supporters and active lifestyle participants: communities that share common interests and need to engage regularly and efficiently. Within its student space, MOKO is a mobile leading U.S. college intramural and recreational sports platform. Agreements with the largest college and high school sports data providers in the U.S. grant MOKO exclusive access to provide its award-winning app REC*IT, and BigTeams powered by REC*IT, to over 1,100 U.S. colleges , representing approximately 50% of the U.S. college population, and to over 4,400 U.S. high schools respectively.
MOKO aims to capture its target audiences by becoming their destination of choice for information and interaction. It does this by creating highly relevant and exclusive content, and by providing the platforms that enable the communities to consume and share the content seamlessly across devices. This integrated approach gives MOKO unique and exclusive exposure to markets that are highly desired by advertisers and that can be leveraged for growth and revenue through advertising, sponsorship, social network distribution and other monetization of the platforms.
Too Little Too Late? Or just in time? Liberal P0op ruins everything..............................Feel good business plan almost destroyed the MOKO Brand. V Shall C!
They better start making money and making it now..............................
?
ASX/NASDAQ Release
SYDNEY, November 23 2015
MOKO Launches its New "REC*IT FITNESS" App - One of the Best Ways to Capture the Active Female College Student Demographic
• Launched in response to the immense growth and popularity of high-quality
fitness programming at top tier U.S. partner colleges
• Leveraging the success of REC*IT while specifically targeting active users of
campus recreation centers for group fitness activities
• Enables MOKO to capture the female demographic and diversify the gender
base of its college student user base
MOKO Social Media (NASDAQ: MOKO and ASX: MKB) today announces the release its new app, REC*IT FITNESS, in a soft launch to 25 U.S. colleges, with a wider rollout planned for the spring semester in January 2016. REC*IT FITNESS extends the utility and features of MOKO’s flagship app, REC*IT, from intramural and sport activities to non-sport and group fitness activities such as Yoga, Spin-Cycle, Pilates, etc. providing a tool for U.S. college students to discover, sign up for, and stay on top of the latest fitness programming available only on their campus through the mobile app.
REC*IT FITNESS is expected to skew towards female users as many on-campus fitness activities are female targeted. For example, the 2014 U.S. Yoga Journal Conference reported that approximately 82% of Yoga participants are female. These types of activities will allow REC*IT FITNESS to capture female students alongside MOKO’s flagship REC*IT app, which is skewed towards male users, and ultimately enable MOKO to diversify its existing student user gender base. According to the National Center for Education Statistics, there are expected to be 20.2 million students attending U.S. colleges and universities in fall 2015, of which 56.9% are expected to be female. Adding the REC*IT FITNESS app gives MOKO an on-campus app that skews towards the female demographic. This coupled with MOKO’s core REC*IT app, which captures the intramural participants which skew 74% male,1 provides MOKO with apps that cover virtually 100% of the potential student population. The college fitness market also presents MOKO with a huge opportunity, with 75% of students regularly using campus recreation centers, and 42.1% of those students participating in instructor-led group fitness classes, according to a NIRSA report. This represents an addressable market of approximately 6.4 million U.S. college students.2
1 Deaner, Robert O.; Geary, David C.; Puts, David A.; Ham, Sandra A.; Kruger, Judy; Fles, Elizabeth; Winegard, Bo; and Grandis, Terry, "A Sex Difference in the Predisposition for Physical Competition: Males Play Sports Much More than Females Even in the Contemporary U.S." (2012). Peer Reviewed Articles. Paper 1.
2 Based on expected fall enrollment of 20.2 million (National Center for Educations Statistics), 75% of which regularly use campus recreation centers and 42.1% of those students participating in instructor-led group fitness classes (NIRSA) ((20.2M*0.75)*0.421)
REC*IT FITNESS has been launched in response to the immense growth and popularity of high-quality fitness programming at partner colleges, and there are no major competitors with a similar mobile app designed specifically for managing and scheduling group fitness activities on college campuses.
MOKO’s flagship app, REC*IT, that is now available to more than 1,100 U.S. colleges through an exclusive agreement with IMLeagues, has allowed MOKO to develop relationships with on-campus rec directors and rec departments at colleges across the U.S. Utilizing these relationships, REC*IT FITNESS will adopt a similar marketing strategy to that of REC*IT, leveraging on-campus Rec Director relationships to promote brand and product awareness. MOKO aims to garner insight from key strategic fitness administrators during the soft launch of REC*IT FITNESS and aims to apply the insights and lessons learned, prior to the full official launch in early 2016.
The release of REC*IT FITNESS has significantly extended MOKO’s college student reach into the wider college activity scene, to now encompass intramural sports, recreation and general fitness and social activities.
For more information contact:
U.S.: Jed Latkin
917-957-4987
jed.latkin@mokosocialmedia.com
Going to have a bio turkey. They taste better than the typical Butterball Turkeys. I drive over to Poland and pick one up every year. I would like to celebrate with you in Las Vegas just as soon as they get the right location there. By then the SP will be in the range that we want. :) :) :)
I have lots of other stocks and I have quite a few paying a nice dividend every year. But the one that I think will be the best one is our SCORES HOLDING. (I need a lot of money to live the way I like to in Europe)
For as far as having fun with investing, SCRH is going to be a very fun stock. With the large amount of shares that the old timers are holding in their portfolios, it will be a wild ride when the Gans Brothers decide to start promoting THE COMPANY. They can use the leverage of their whole business plan to grow the company.
I am a steak lover and I want to eat a steak or two at Robert"s Steakhouse with you and some of the old timers here.
After I decided to grow my holding of SCRH to over the 5% threshold, I stuck a lot of shares into my wife and son's accounts so that I would not have to report as a 5% shareholder. (Like Blackcat was doing). I think it will pay off and pay off big but we will have to wait and see. In the meantime, I am cooking a lot of expensive steak at home. I like my steaks English and most Chefs do not cook English Properly.
Take care and do not worry about the "Doom and Gloom" posters here. It takes all kinds. And I still pick up a few shares here and there. You know, a few hundred thousand here and a few hundred thousand there. It adds up.............And it helps when they are cheap. :) :) :)
And when you get depressed, be sure and read "otcbargains" posts. He will get you excited again. otcbargains would get excited if he had as many shares of SCRH as you do and he is already excited........Take a look a RICK's SP as it is an example of how well an entertainment stock can do.
Just for you iwonone
The stock SP is not going to go up or down depending on what we all want. I am sitting over here in Germany and I cannot see more that what you see, but I see it differently than you. I can wait for the SP to start trading in the range I am looking for and I can rest at night while I wait.
Management has done everything it said it was going to do except for the PR release they were working on. I think it was wise to wait with that release until the company has worked in its expectations to revenue and profit growth reporting on a regular basis. Just like this last report we all noticed some things that were not moving forward like we thought it would.
You have been holding for over 10 years so a little bit longer will not hurt you at all. All we need is some more revenue and profit growth and the company will take off on its own. This thing can move so fast that it would be like running down the road trying to catch a redneck in a F150 Ford.
Management has their 62% + holding and that is money in the bank for us all.
Sale Of Blue Nation Review Gives Hillary Clinton Camp Its Very Own Media Outlet
If you can't beat 'em, join 'em.
Ryan Grim
Washington Bureau Chief, The Huffington Post
Posted: 11/20/2015 08:23 AM EST | Edited: 2 hours ago
WASHINGTON -- Hillary Clinton ally David Brock is acquiring a media outlet, sources involved in the negotiation and sale of the site tell The Huffington Post.
True Blue Media, a newly formed company incorporated by Brock, has acquired progressive news website Blue Nation Review. BNR's previous owner, MOKO Social Media Limited, will retain a 20 percent stake in the new entity while Brock will hold the remaining 80 percent equity balance.
Peter Daou, digital media strategist for Clinton's 2008 campaign, will serve as the new CEO of True Blue Media.
BNR is best known for exposing the lavish spending habits of former Rep. Aaron Schock (R-Ill.), ultimately leading to his resignation. The outlet is run by Jimmy Williams, a longtime regular on MSNBC and a veteran political operative, who will remain at BNR.
“The need for alternative sources of information and independent reporting has never been greater,” Brock said in a statement provided to HuffPost. “With the 2016 campaign now fully underway, the time is right for the rise of a new liberal standard-bearer and Blue Nation Review is poised to assume that role.”
Brock said the publication would be “a focal point in liberal journalism,” producing daily content, investigative journalism and video.
Brock runs Media Matters for America, a nonprofit that has targeted conservative media outlets, particularly Fox News. He also runs the pro-Clinton Super PAC Correct The Record, which claims the legal right to coordinate with the Clinton campaign.
Under Brock, the Democratic-leaning outlet will likely be a reliable defender of and advocate for Clinton. Williams himself has long advocated on Clinton's behalf, though he has also gone after Democrats.
Fans of writer Goldie Taylor regularly visited BNR, but Taylor has since departed and filed a complaint with the Equal Employment Opportunity Commission against MOKO Social Media. Insiders say that much of BNR's readership was purchased through Facebook at the cost of many millions of dollars -- a sugar high that has since faded, though the site does have a reader base.
Sources said that Brock's organization will actually be paid to take over BNR, rather than the other way around, given the site's operating losses.
“We are very happy with this deal as the new company will be better able to grow BNR’s influence and our retained equity holding will provide MOKO with a valuable upside opportunity,” Ian Rowell, MOKO Social Media founder and CEO, said in a statement.
REC*IT Changing Sports one Schedule at a Time
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[?IMG]
Courtesy of Cameron Brody
Posted: Thursday, November 19, 2015 5:00 pm
REC*IT Changing Sports one Schedule at a Time Noah Thomas | Assistant Sports Editor theseahawk.org | 0 comments
College life is full of distractions. Balancing schoolwork, a social life, and even having a job can take up a majority of a student’s free time. However, free time does have its way of sometimes becoming more abundant than usual.
Some students choose to take up intramural or club sports to help themselves become more involved in on-campus life, while others enjoying playing a sport without the strict time commitment.
But with all distractions, time management becomes a challenge. That is where REC*IT comes in.
REC*IT, a new app developed by MOKO Social Media, compiles all the logistics of playing intramural sports and streamlines them into a simple, efficient way of keeping track of schedules, dates, and times. These are all important factors that are imperative to being an active member of a competitive sports team.
“With the exception of hangovers, miscommunication is the number one cause of absence when it comes to intramural sports,” said Cameron Brody, a representative for REC*IT in an email interview. “With the shifting schedules and general forgetfulness of an entire league’s worth of people, keeping everyone up to date on practices and games can be a nightmare.”
At the helm of REC*IT’s development and marketing is Dereck Faulkner. Faulkner is the University Relations Director of REC*IT and acts as the overseer of development, marketing, and customer service as well as other areas. As a former wide receiver for the Philadelphia Eagles, he knows a thing or two about teamwork.
“I’m in charge of a team of almost 20 people,” said Faulkner in a phone interview. “It’s a bit different from catching footballs from [Donovan] McNabb. It’s all about setting certain goals, just like you would in the professionals.”
Development of the app began around two years ago when an Australian-based media company merged with MOKO Social Media. The basic idea of REC*IT was tested with a small number of schools to test effectiveness.
“We were able to see where we could find our traction and build relationships with schools and see if this mobile tool could be viable for recreation professionals and students,” said Faulkner.
Now, REC*IT’s practical use has made it essential for recreation departments across the country. Its widespread popularity has boomed since its official launch in June of 2014.
“Schools are being added literally once a week,” Faulkner said. “Over 1,100 schools [currently use the app], now we’re almost at 1,200. It shows a huge growth for us. We were at 750-800 campuses when we launched.”
Indeed, students at the University of North Carolina Wilmington have benefited from the app’s use. Jordan Short, a member of UNCW’s club baseball team, uses the app regularly to manage his time with the team.
“It's helpful because it organizes our schedule and stats into one place that's user friendly and easily accessible,” said Short.
Faulkner drew from personal experience when discussing just how helpful the app can be for college students. He played college football for Hampton University from 2003-2007.
“In college, you have a strict, rigid schedule that goes throughout the day [and] college students are so busy,” said Faulkner. “Most are maximizing their time in school, involved in two or three different organizations, but need something to help them organize their lifestyle activities.”
Faulkner also explains the great benefits the app provides.
“I think this is what this app helps just because it gives students an opportunity to check their schedules and gives them accountability to their team,” said Faulkner. “So now you’re not the guy who ruins it for someone else. It gives the team the best chance to play effectively and manage their rosters and their schedules
Thanks gogo569
Good to know!
iwonone
We are not in limbo, the company just did not produce numbers that investors wanted. Oh well. The business plan is still going forward.
Guesses?
Just for fun. Without any PR releases, it is just a guess here with the revenue and profit. More and more clubs coming on line with revenue but no real way to measure when they will produce revenue and profit. I have a vested interest here, so naturally I will go high! :) :) :) My expectations are always high.
So just for fun, here goes.
For Revenue, a low of $540,000, and a high of $700,000.
For Profit, a low of $400,000. and a high of $550,000. (NOTE: Profit will soon start moving faster upwards as it costs nothing to add more and more clubs).
But who knows about court case judgments and back pay for clubs behind on their payments................
We should have a blockbuster quarter just as soon as clubs producing equal clubs signing up on a regular basis. Huge growth potential.
This is interesting for sure...................
At the 11 member institutions within the Big Ten Conference that REC*IT is available to, REC*IT has already captured circa 14% of intramural and recreational sports participants in the fall 2015 semester alone, and has the massive opportunity to capture the remaining student participants at these nationally recognized and prestige colleges, through is exclusive rights.
MOKO Social Media Limited (NASDAQ: MOKO) (ASX: MKB)
Highlights
-- REC*IT now on 11 Big Ten Conference member institutions
-- Available to over 1,000 U.S. colleges, including athletic conference
member institutions
MOKO Social Media Limited's (NASDAQ: MOKO) (ASX: MKB), flagship app, REC*IT, is available to 11 member institutions of the premier Big Ten Conference. The Big Ten Conference is the oldest Division 1 college athletic conference in the U.S. with 14 member institutions, including the leading public university in each of the eleven states stretching from New Jersey to Nebraska.
At the 11 member institutions within the Big Ten Conference that REC*IT is available to, REC*IT has already captured circa 14% of intramural and recreational sports participants in the fall 2015 semester alone, and has the massive opportunity to capture the remaining student participants at these nationally recognized and prestige colleges, through is exclusive rights.
REC*IT is available for students at the following Big Ten member institutions:
-- Indiana University -- University of Maryland -- University of Michigan -- Michigan State University -- The Ohio State University -- Rutgers University -- University of Iowa -- University of Minnesota -- University of Nebraska-Lincoln -- Northwestern University -- University of Wisconsin-Madison
REC*IT is the only widely accepted college intramural and recreational sports app. Through MOKO's exclusive partnership with leading management software provider IMLeagues, MOKO has secured the exclusive perpetual rights to provide REC*IT to students at the above institutions, among more than 1,000 other top universities.
About MOKO SOCIAL MEDIA Limited
MOKO Social Media's REC*IT product is a mobile leading U.S. college intramural and recreational mobile sports platform. An agreement with IMLeagues, the leading and largest provider of university sports administration services in the U.S., grants MOKO exclusive and perpetual access to provide its award-winning app to over 1,000 U.S. colleges, representing approximately 50% of the U.S. college population and over 10 million students.
REC*IT provides college students with instant access to relevant and exclusive intramural and recreational sports information in a proprietary platform that allows the user to consume and share information seamlessly. This integrated approach provides MOKO with unique and exclusive exposure to an audience that is highly desired by advertisers and that can be leveraged for growth and revenue through advertising, sponsorship, social network distribution and other monetization of the platform.
Little bit more of the same.........
http://www.nola.com/crime/index.ssf/2015/11/bourbon_street_strip_club_inve_2.html
Centerfolds, Lipstixx, Scores (also known as the Mansion on Bourbon) and Temptations are all owned by the same family network, the Olano family, their lawyer Carolyn Gill-Jefferson indicated at an administrative hearing at ATC's New Orleans offices. ATC suspended the alcohol licenses of the first three strip clubs Oct. 27, and issued Temptations a notice of its violations the same day.
Not the end of the world but not good news................If anyone is close by the clubs mentioned, please report. Got this from a google search.........It will not take away revenue from this new quarterly report but not good.........
http://www.theneworleansadvocate.com/news/13814311-178/5-french-quarter-strip-clubs
Three French Quarter strip clubs that won a temporary reprieve last week after having their liquor licenses suspended because of alleged prostitution, drug dealing and other offenses were again ordered Wednesday to stop serving alcohol.
Judge Paula Brown, of Orleans Parish Civil District Court, ruled that the state Office of Alcohol and Tobacco Control acted within its authority when it suspended the liquor licenses of Centerfolds, Lipstixx and Scores.
Another judge had issued a temporary restraining order halting those closures last week.
Advocate staff photo by MATTHEW HINTON--The Louisiana Office of Alcohol and Tobacco Control (ATC) headed by Commissioner Troy Hebert, right, and Louisiana State Police (LSP) headed by Superintendent Colonel Michael D. Edmonson, left, announce the details of a month long undercover operation named
Advocate staff photo by MATTHEW HINTON--The Louisiana Office of Alcohol and Tobacco Control (ATC) headed by Commissioner Troy Hebert, right, and Louisiana State Police (LSP) headed by Superintendent Colonel Michael D. Edmonson, left, announce the details of a month long undercover operation named "Operation Trick or Treat" naming five strip clubs as having allegedly been locations of acts of prostitution, illegal drug use, and lewd or improper acts in front of the Louisiana Supreme Court Building in the French Quarter in New Orleans, La. Tuesday, Oct. 27, 2015.
Advocate staff photo by MATTHEW HINTON--The Louisiana Office of Alcohol and Tobacco Control (ATC) headed by Commissioner Troy Hebert, left, and Louisiana State Police (LSP) headed by Superintendent Colonel Michael D. Edmonson, right, announce the details of a month long undercover operation named
Advocate staff photo by MATTHEW HINTON--The Louisiana Office of Alcohol and Tobacco Control (ATC) headed by Commissioner Troy Hebert, left, and Louisiana State Police (LSP) headed by Superintendent Colonel Michael D. Edmonson, right, announce the details of a month long undercover operation named "Operation Trick or Treat" naming five strip clubs as having allegedly been locations of acts of prostitution, illegal drug use, and lewd or improper acts in front of the Louisiana Supreme Court Building in the French Quarter in New Orleans, La. Tuesday, Oct. 27, 2015.
‘Operation: Trick or Treat’ finds drugs, prostitution
CHAD CALDER| ccalder@theadvocate.com
Oct. 27, 2015; 9:35 a.m.
Five French Quarter strip clubs have had their liquor licenses suspended after a state investigation uncovered dozens of instances of drug activity, prostitution and “lewd and immoral acts” in the last month alone, authorities said Tuesday.
They said another seven bars and strip clubs could meet the same fate in the coming weeks as part of Operation: Trick or Treat.
“The French Quarter should not be known as a one-stop shopping for criminal activity,” said Troy Hebert, commissioner of the state Office of Alcohol and Tobacco Control. “You pretty much walk into these places and you got whatever you needed … marijuana, cocaine, sex.”
Hebert and State Police Col. Mike Edmonson spoke at a news conference Tuesday on the steps of the Louisiana Supreme Court building on Royal Street, just blocks away from the offending clubs and two hours after notices of the suspensions were sent to the owners of Centerfolds, Lipstixx/Fais Deaux Deaux and Scores New Orleans on Bourbon Street and Chez
WGNO
'I don't want to turn the French Quarter into Disneyland': ATC commissioner nears compromise with ...
The New Orleans Advocate
Advocate staff photo by MATTHEW HINTON--The street sign for the Scores strip club on Bourbon Street was on but no one could be seen inside in ...
Somebody is working hard here, but true anyway............
November 9th 2015, Today's Publisher Pick is Scores Holding (SCRH), business is BOOMING, new revenue records near a million dollars and increasing quarter over quarter, year over year, franchises have more than doubled to over 20 in 2015 so far. With virtually no expenses or liabilities and with no dilution in over 7 years Scores Holding (SCRH) may be our best pick ever, a potential lifechanger!
Business is BOOMING for Scores Holding (SCRH), they grant the exclusive licence to place the famous "SCORES" trademarks in connection with the ownership and operation of upscale, adult-entertainment cabaret night clubs/restaurants and for the sale of merchandise by such establishments.
Revenues have been increasing quarter over quarter, year over year!
At the end of 2014 Scores Holding (SCRH) had only 9 (NINE) adult-entertainment cabaret night clubs/restaurants who paid them licencing and royalty fees totaling $835,240 for the 12 month period ending December 31st 2014. This was a new record beating the same time frame for 2013.
Now here is what is awesome, the expansion of operations has led to a total of more than 20 (TWENTY) adult-entertainment cabaret night clubs/restaurants now in the "SCORES" family. That means in 2015 that Scores Holding (SCRH) will have potential licencing and royalty fees of at least twice the 2014 total when they only had 9 (NINE) adult-entertainment cabaret night clubs/restaurants paying them licencing and royalty fees. Blue skies are ahead with new revenue records coming for 2015. (What a BUY SIGNAL, buying shares in SCRH is a NO-BRAINER!)
BUT IT GETS EVEN BETTER:
With quarterly expenses fixed, projections are for $2 million in revenues per year in the future and a likely $1.4 million net profit for 2016.
It is now projected that by the end of 2015 Scores Holding (SCRH) will have as many as 30 (THIRTY) adult-entertainment cabaret night clubs/restaurants now in the "SCORES" family. Revenues are going to go through the roof!
What makes Scores Holding (SCRH) so attractive and impressive is the royalty revenues they receive come with almost no expenses!
Scores Holding (SCRH) has virtually no liabilities!
Scores Holding (SCRH) CEO Robert Gans owns a majority share of Penthouse and is a former officer of Fortune 500 company Priceline.
Scores Holding (SCRH) has very high standards, only 10% of applicants get approved to use the "SCORES" trademark for adult-entertainment cabaret night clubs/restaurants
Scores Holding (SCRH) has had NO DILUTION in the past 7 years, what other penny stock can say that!
Scores Holding (SCRH) has assets of almost $500 000!
As of March 6, 2015, there were ONLY 165M O/S
Scores Holding (SCRH) was trading around 0.06 cents not too long ago, it is worth much more now as the licencing and royalty fees grow along with the demand to join the "SCORES" trademark. Currently trading under .05 cents now is the time to buy Scores Holding (SCRH)! With it's tight share structure and continued growing explosive revenues it likely will be be trading in the 30 cent range or higher as it gets discovered!
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I am afraid that some of us here as SCRH investors are going to become incredibly rich. But that is only my opinion. : ) :) :)
Tanks veddy much! :) :) :)
OTCbargains, this is for you..................
Last time I talked to management, per telephone, we discussed a wide range of topics and all. But this point was the best of all.
I mentioned that according to my information and research, Scores had about 23 clubs now but not all reporting revenue at the time.
My contact person laughed and stated that I was really close but it was more like 24 clubs on line. That was a statement that I really was happy to hear. This was over 60 days ago so who knows what we have now on clubs signed up.
This information I post now but I picked up another 400,000 shares since then. No need to hide the information now as the new quarter report will soon be out in less than 2 weeks. Let us hope the quarter on quarter revenue sets some new records again.....:) :) :)
The largest problem here is that while not a lot of shares left out there not being locked up, most of the old pre Mr. Gans investors are just getting rid of the stock without news. There is no news on SCRH unless you follow the stock here on investors hub......................By the time they wake up, it will be too late.........
SCORES STRIP CLUB MASHUP MIX
For you guys wondering what to do after church, here is a nice site to have a look at...............
https://www.google.com/search?q=scores-gentlemen's+club&sa=X&hl=en&gl=us&authuser=0&biw=1463&bih=904&tbm=isch&tbo=u&source=univ&ved=0CFMQsARqFQoTCPfhobGAgckCFWX8cgodRD4IrQ
Or here.......
https://instagram.com/explore/locations/516957451/
My favorite is that hunk of meat................Below.
http://www.google.com/imgres?imgurl=http://scoressavannah.com/wp-content/uploads/2015/03/steakhouse2.jpg&imgrefurl=http://scoressavannah.com/&h=265&w=400&tbnid=LnxF5DMzTtoXcM:&docid=c3_9HMcJOBRwfM&hl=en&ei=iFg_VrmCO4bZyAP-v4a4DA&tbm=isch&ved=0CGUQMyhiMGI4yAFqFQoTCLnmv6WBgckCFYYscgod_p8Bxw
For hard-core SCRH fans, and if you have the time to spare, here is a site that you can find out little tidbits of news and information about SCRH's stripclubs. You just have to use the right search words or terms....................:) :) :)
http://www.stripclublist.com/
You need some time so be prepared.................
Thanks, and keep up the informational posts related to SCRH. Every little bit of information is gold here for investors. :) :) :)
It seems you know little about a lot. I am an American living in Europe. Like I said, If you don't like the stock, sell it. You can worry about the SP all you want, it is not going up based on what you want. It will go up based on Management's decisions and revenue producing business plan. This should be a gold mine for investors and traders alike. Buy low and sell high.
Relax, and enjoy the ride here. Or sell and enjoy your profits if you bought low enough...................Everyone has their own opinion. Go for it.
iwonone,
Just relax and enjoy the ride. A few quarters may not produce as much as you want, but in the long run, YOU WILL BE HAPPY!
While you are waiting, I don't know if you can purchase Finland Stocks, but here are two good ones for the future.
CAPMAN and EQ OYJ. Take a look at them..............
Maybe you should buy some obamacare. The price keeps going up for obamacare. On a regular basis.
Money in the bank! :( :( :(
SOMEBODY BEEN TALKING TO MANAGEMENT?
SCRH has climbed 20.143% from the previous close.
Scores Holding Co. Inc. SCRH
0.033
Change: + 0.005 + 20.143 %
Volume: 16,500
Last trade: 11:25 AM 11/06/15
Hmmm....Volume moved up also...................