Be part of the Facebook IPO frenzy coming.
Since Goldman wanted a $2 million minimum investment to buy into its super popular Facebook fund we have some good news for smaller investors looking to get exposure to Facebook. There's a fun penny stock called Snap Interactive, whose fortune is tied to Facebook.
SNAP INTERACTIVE.... $1.65
-1 Year High $4.00
** 2011 REVS $20 MILLION **
- Internet dating is a billion dollar market,, Snap Inc. is the only publicly traded Facebook App Co. http://www.snap-interactive.com
SNAP Interactive, Inc. develops, owns and operates online dating and social networking applications for social networking websites and mobile platforms. SNAP's flagship brand, AreYouInterested.com®, is one of the largest social dating applications on the Internet with over 55 million installs, and offers a completely integrated Facebook, iPhone, Android and Web application. http://finance.yahoo.com/q?s=STVI.OB
DD FACT SHEET:
Float: 10 MILLION
Held by insiders: 61%
- Hired in Feb new IR firm, largest in the country. http://icrinc.com *** Monthly Traffic per AppData.com:
> Areyouinterested.com 7 million
> Zoosk.com 6 million
> Eharmony 150,000
> Match.com 340,000
- 7 million hits a month per AppData.com
- Ranked #49 of all Apps.
- Highest grossing App on itunes social networking apps.
- Competitors match.com and eharmony don't come close.
From feb. 2012 interview with CEO:
Discussed trends in mobile and social dating
55 million net installs of the AreYouInterested.com application on Facebook® Platform
As of February 14, 2012, AreYouInterested.com is the 4th highest grossing app on iTunes under the category iPhone – U.S. Social Networking.
SNAP is reinventing the AreYouInterested.com application around big data – interest-based matching and social discovery.
As of February 14, 2012, AreYouInterested.com has 6.6 million Monthly Active Users on Facebook, per AppData.com
As of February 2012, 15 percent of AreYouInterested.com logins occur on a mobile device
11 straight quarters of revenue growth
Quarterly revenue increased 98 percent to $5.5 million compared to $2.8 million for the comparable period in 2010 while annual revenue increased 188 percent to $19.2 million compared to $6.6 million for 2010
*** 2011 REVS $19 MILLION ***
* There will be a frenzy of investor buying closer to the Facebook IPO to get in on the action,, now is the time .
_ Articles: http://www.businessinsider.com/oh-snap-the-only-facebook-appmaker-on-the-public-markets-just-reported-its-9th-straight-quarter-of-growth-2011-8