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Tuesday, January 03, 2012 9:34:49 AM
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=69843
Included in the address is an outlook into the explosive App sector where its subsidiary Action App has surpassed its 12 millionth download.
"Action App operates in a very profitable portion of the smartphone industry. With our App inventory soon to be over 100 Apps and with our deployment into Android, which has already begun, we expect that our numbers will continue to increase. We are adding social integration into all of our apps and will soon have Facebook, Twitter and YouTube links embedded in each of our Apps so that we capture more of our users within our own App network. As our back end database continues to grow, we have an ever increasing amount of users to market our Apps to, as well as other advertising opportunities that we are exploring. Since the reopening of the iTunes store on December 29, 2012, we have been averaging close to 100,000 downloads per day and have now surpassed 12 million downloads since our inception.
As our downloads increase, we prove ourselves as viable contender in this marketplace. ANDI is in the right place, at the right time and we look forward to continued growth and sharing our next quarterly filing," said Secor, CEO of ANDI.
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