TheDirectory.com on Track for Eighth Consecutive Month of Growth on Record Revenue
06/22/2011 @ 10:43AM
TheDirectory.com, Inc. (PINKSHEETS: EYSM) an emerging leader in the Local Business Search Market, today confirmed that it has filed its first quarter financial statement on OTCMarkets.com and received an initial tier upgrade effective this morning to "OTC Pink Limited" pending review of the attorney letter.
TheDirectory.com Founder and CEO, Scott Gallagher, stated, "We're pleased to have filed our Q1 operating results on OTCMarkets.com as we continue to grow as an organization on all levels. Effective this morning, OTCMarkets.com has upgraded our tier to 'OTC Pink Limited' pending review of the attorney letter. They have informed us that the review process is running between 3 to 5 days. Upon completion of the review process we expect our tier to be upgraded again to 'OTC Pink Current' on OTCMarkets.com."
Gallagher continued, "On the operational side we can confirm at this point that we continue to expect June to be our eighth consecutive month of top-line revenue growth continuing a trend that began in Q4 of 2010. Additionally, we continue to work towards closing the previously announced acquisition of a profitable directory network and are on track to achieve our goal of turning a profit for our third quarter ending in August."
About TheDirectory.com, Inc.
TheDirectory.com, Inc. is an emerging leader in the local advertising, search and publishing space. The Company operates a direct navigation-based local search network anchored by its local business search engine TheDirectory.com. TheDirectory.com builds targeted professional directories over category killer Dot Com and Dot Net domain names such as www.TheDirectory.com, www.Podiatrists.com, www.Chiropractor.net, www.Psychiatrists.com, www.Pediatricians.com, www.Dietitians.net, www.DentistAppointments.com, www.Therapists.net and others. For more information visit the Company's Investor web site www.TheDirectory.tv. Review the Company's other filings on www.OTCMarkets.com.
Forward-Looking Statements
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). Elysium Internet, Inc. cautions that the statements made in this press release constitute forward-looking statements and not guarantees of future performance, and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.
Media Inquires Contact:
Scott Gallagher
727-417-7807
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