PROM was the top pick in the contest, but I can't find much information on their platform "owned and ope rated properties". Can anyone point me to some of their "properties" where they offer free premium content in exchange for advertising?
From their 10k: "Owned and Operated Properties. Propel develops and distributes multiple free casual gaming, lifestyle and other content properties. In this method, Propel buys media and advertises these gaming sites and lifestyle content properties on various online destinations, including casual gaming and social media portals. Propel provides its audience with access to its premium gaming and lifestyle content for free and obtains the user’s permission to serve advertising to them while they peruse content on the web. Propel incurs media costs to acquire audiences in this manner."
It's kind of weird to me that they don't mention the actual properties anywhere on their website or filings, I suspect they may be those ad servers that show you the "10 most emberassing wardrobe malfunctions" or "10 most opulent celebrity weddings", or what have you....but just want to see and verify these "properties" for myself.
Just beginning my due diligence, but this feels a little too much like a stock I followed Bobwins into back in the early 2000s @ RagingBull....can't remember the name or ticker now....but they appeared to be profitable and claimed to have all these internet businesses with little verifiable customer traction....turned out that they were completely faking the books and faking out their auditors too for a while....800America.com....that was it....man I don't need to repeat that mistake again!
I don't mean to say Propel is that same level of scammy....kind of just went on a tangent explaining why it's important for me to verify these kind of things first.....but I see Propel has a fairly open Facebook page showing a bustling office and all....looks fairly legit, even if they are just pumping out internet trash....
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854
