TheDirectory.com Inc (SEEK)

[JohnWilliams]

I agree with you that Scott had problems coming through in the past, but since Q3/Q4 of last year he has been delivering. Check the PRs that have been released and what the company has done since then. I used to flip SEEK, but things are finally coming together for SEEK. Scott will deliver on January 23rd. $SEEK is going to be moving up nicely, so you may want to reevaluate your "break even" sell point.

The Catalyst

TheDirectory.com founder and CEO Scott Gallagher stated, "I'm very pleased to announce today's news to our stockholders, we've added tremendous value to our Company. Both the acquisition and the financing agreements that closed yesterday are game changing events for us. The asset purchase places TheDirectory.com on track to generate full year revenues in the range of $4.5 to $6 Million for 2014 with net income in the range of $1.4 to $2 Million. Our network reach now extends beyond 5 million unique users per month in an array of verticals. The funding facility essentially provides us with the financial backing we've been lacking over the past few years in order to facilitate our build, buy or partner growth strategy."

http://www.marketwired.com/press-release/thedirectorycom-closes-acquisition-secures-5000000-financing-facility-pinksheets-seek-1837226.htm