TheDirectory.com Inc (SEEK)

[rhumphre1]

December 31, 2013

Dear Shareholders,
The recent increase in authorized shares was necessary to facilitate our future growth, but more importantly it was needed for the Company to stay in compliance with our $5 Million credit facility and our other debt obligations.

Increasing the authorized shares also removes the need for a reverse stock split in the foreseeable future, which I view as very positive based on the current growth of our Company.

We’ll discuss the future capital structure in more detail during our next conference call later in January. I wish everyone a very Happy and Healthy New Year.

Best Regards,

Scott Gallagher
Founder, Chairman and CEO
TheDirectory.com
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A lot being said in this Y/E " FACEBOOK " statement to the shareholders. My question is WHY on FACEBOOK and not via a standard PR to the complete investment community? Is their something to HIDE here?

Authorized shares are a necessity to ANY traded company! Scott has fully explained WHY he did it and it should NOT be a surprise to any investor or shareholder BUT their can be some " loop holes " that need to be addressed.

Will be very interesting to hear what DETAIL Scott G. will have on the A/S increasing and what his future plans for paying back creditors and reducing the A/S down the line using those PROFITS he has been eluding to.

I think everyone will AGREE that 6B ( as in BILLION ) shares is a huge hunk of shares to be tossing around freely in ANY company and will only dilute the existing shareholders commitment to SEEK unless they are handed out in such a way that would guarantee their restriction basis be intact.

I for one want to hear EXACTLY how those 3B additional shares will be used to facilitate the companies future growth! I also want to see a timeline from Scott G. as to EXACTLY what is driving that future growth, including WHEN the ROI is expected to hit the balance sheet. Any " smoke and mirrors " should NOT be accepted by shareholders and IMHO the PPS will reflect this very quickly just as we have all witnessed in the past.

A fully AUDITED CEO has many, many more visibility AND credibility issues that they need to start advising shareholders and investors about in the short term rather than FUTURE expectations.

IMHO, without this " change in philosophy " from Scott, the problematic PPS and manipulation is going to continue well into 2014 and possibly the FUTURE for SEEK!!!

GL2A......GO SEEK !!!!