GAWK Acquires Net D, Demonstrates GAWKTALK on MoneyTV
(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 05/04/15 -- GAWK Inc. (OTC PINK: GAWK) announced today that on Friday, May 1, 2015, the Company closed the acquisition of all of the assets of Net D. Consulting, Inc. (). Scott Kettle, CEO of GAWK, Inc., noted, "Our revenues have increased by 500 percent, making our total annual revenues approximately $2M annually." Net D will be rolled into the GAWKTALK division which joins WebRunners, Inc., a wholly owned subsidiary of GAWK.
Kettle appeared on MoneyTV Friday, May 1, 2015, and unveiled a new program to increase visibility and market awareness for small to medium publicly traded companies (). Kettle, by pressing a key on his laptop, made 9 cell phones ring at the same time, demonstrating GAWK's ability to reach many investors with any company's message with its proprietary Direct to Consumer Voice Broadcasting program. Both national political parties, as well as state and local candidates, in elections, have successfully used the GAWKTALK engine.
GAWK will continue to purchase local data centers as part of its plan to become one of the largest owners of data centers in the U.S. GAWKTALK also benefits small to-medium businesses to increase visibility and build sales volume.
GAWK recently announced that it has compiled $26 million in credit facilities from both Southridge Advisors II LLC and from HEFFX, a Singapore-based Capital Management firm ().
About GAWK, Inc.
Gawk Incorporated is a world innovator of digital Internet-related technology designed to meet the needs of modern consumers, businesses and enterprises globally.
About Net D. Consulting, Inc.
Net D, founded in 2005, provides innovative and leading edge telecom services to businesses of all sizes. Net D, with over 30 years of telecommunications management, financial planning and engineering expertise, is at your disposal to make your company more effective and profitable.
Christopher G. Hall, President, Net D. 1122 E. Lincoln Ave., Suite 203, Orange, CA 92865. Phone: (714) 289-4444
Forward-Looking Statements
All statements in this release that are not strictly historical facts are "forward-looking statements." Such forward-looking statements are based on GAWK's current assumptions, beliefs and expectations, and involve risks, uncertainties and other factors that may cause GAWK's actual results to be materially different from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words such as "expect," "plan," "possibility," "offer," "if," "negotiate," "when," "believe," "will," "estimate," "continue," and similar expressions. Risks, uncertainties, and other factors that could cause or contribute to such differences include, but are not limited to: ongoing and future intellectual property enforcement actions; the ability to successfully litigate or settle claims of patent infringement; GAWK's ability to obtain necessary financing, generate sufficient cash flow, and maintain appropriate indebtedness; and the increasing development of market competition in the area of telecommunications. These factors and others are described in more detail in GAWK's public filings with the Securities and Exchange Commission, including the risks discussed in the "Risk Factors" section in GAWK's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of these reports can be found on GAWK's website () under the heading "Investor Relations." GAWK is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
Contact:
Michael Selsman
Public Communications Co.
(310) 553-5732
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Datum: 04.05.2015 - 13:00 Uhr
Sprache: Deutsch
News-ID 390491
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