TheDirectory.com Inc (SEEK)

[~ Blue ~]

I found the connection between SCOTT CLARK AND SEEK CEO SCOTT GALLAGHER

According to my research, SEEK CEO Scott Gallagher acquired Hello brand city guides from Scott Clark.

How I found this:

Let's read SEEK's Two SEC FILINGS:


SEEK acquired one of the world largest online city guide networks: http://www.hellometro.com/

We launched TheDirectory.com in November 2010. In October 2013, we acquired one of the largest online city guide networks in the world, Hyper-Local(TM) City Guide Network. This network of more than 1,500 city guides reaches over 6 million unique visitors per month. The city guides are branded under the www.HelloNetwork.com brand. We now own and operate a ‘Hello’ branded city guide site for every major market in the United States, including New York City, Los Angeles, Chicago, and several international markets including Paris, Dublin, Tokyo, Sydney and Toronto. We generate revenue from business listings and advertisements placed on the Hyper-Local(TM) City Guide Network, similar to TheDirectory.com.

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http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9978251
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Note 9 - Asset Acquisition and Financial Reporting

On October 1, 2013, the Company agreed to acquire selected assets from two privately held companies; Let’s See What Sticks, LLC a Kentucky Corporation and CMS Domains, LLC a Nevada Corporation for a total purchase price of $2,150,000. The Company also closed a $5 million credit facility with an institutional investor whereby the Company raised a total of $1.3 million to be used to close the asset purchase. The Company paid the seller $1 million at closing. The seller issued to the Company a promissory note in the amount of $1,150,000 payable over 24 month from the closing date. The Company agreed to make monthly payments in the amount of $45,000 for the first 12 months post-closing then an additional 12 monthly payments of $30,000 beginning on November 1, 2014. Additionally, the Company agreed to make a balloon payment in the amount of $250,000 prior to October 1, 2014. As of the period ended May 31, 2015, the Company owed Let’s See What sticks and CMS Domains, LLC a total of $287,500 of the $1,150,000 promissory note.

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https://backend.otcmarkets.com/otcapi/company/sec-filings/10814187/content/html
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SEEK CEO Gallagher acquired hello brand city guides from 2 private companies.

1) Let’s See What Sticks, LLC a Kentucky Corporation

2) CMS Domains, LLC a Nevada Corporation

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Let's See What Sticks, LLC is a Kentucky Klc - Limited-Liability Company filed on May 18, 2011 . The company's filing status is listed as A - Active and its File Number is 0791826.

The Registered Agent on file for this company is Clark Scott and is located at 13011 W. Hwy. 42 Suite 208, Prospect, KY 40059. The company's principal address is 13011 W Hwy 42 Suite 208, Prospect, KY 40059.

The company has 2 principals on record. The principals are Kelly Wyatt and Thomas W Ice.

https://www.bizapedia.com/ky/lets-see-what-sticks-llc.html

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there are 2 CMS Domains LLC both affiliated with Scott Clark.

Cms Domains, LLC is a Nevada Domestic Limited-Liability Company filed on November 22, 2010 . The company's filing status is listed as Revoked and its File Number is E0579512010-5.

The Registered Agent on file for this company is .Resigned.

The company has 1 principal on record. The principal is Clark M Scott from Prospect KY.

https://www.bizapedia.com/nv/cms-domains-llc.html

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Cms Domains, LLC is a Kentucky Flc - Foreign Limited-Liability Company filed on December 29, 2010 . The company's filing status is listed as I - Inactive and its File Number is 0778336.

The Registered Agent on file for this company is Mr Services, LLC and is located at 401 S. 4th St. Suite 2500, Louisville, KY 40202. The company's principal address is 13011 W Hwy 42 Suite 208, Prospect, KY 40059.

The company has 2 principals on record. The principals are Clark M Scott and Clark M. Scott.


https://www.bizapedia.com/ky/cms-domains-llc.html

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ANOTHER THING:

As of the period ended May 31, 2015, the Company owed Let’s See What sticks and CMS Domains, LLC a total of $287,500

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https://backend.otcmarkets.com/otcapi/company/sec-filings/10814187/content/html


PROBABLY IT IS PAID OFF in 2015 the remain of $287, 500 according to their agreement above.

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