FargoTube Seeing Major Uptick in Site Usage
July 10 2012 - 9:39AM
Marketwired
F3 Technologies, Inc. (PINKSHEETS: FTCH) announced today that the
latest version of the FargoTube entertainment social network
(www.fargotube.com) has experienced a major increase in site
performance since its launch on June 20th. The new site has already
eclipsed 250,000 page views in its first two weeks, a 5000%
increase over the previous platform's performance over similar
timer periods.
"Increasing platform analytics has always been a critical
element to the company's strategy as we prepare to launch our
integrated advertising platform in the coming weeks and months,"
said Frank Connor, CEO. "From the beginning the new platform was
designed to increase usability and offer fans easier access to
their favorite content while enabling content owners the ability to
more easily add content and fans to their tube. While we are very
excited about the increase in performance, we also know that this
is just the beginning."
In other news, the company is still awaiting final word from the
aforementioned investor in regards to the previously announced
signed term sheet for financing. Recent developments have the
investment being restructured down to $800,000 with a reduction in
the starting grace period initially offered. "Although the company
still has its work cut out in terms of securing this particular
financing, the company is more amenable to the new terms and
hopeful we are nearing completion of this financing and seek to
have all issues resolved in the near future," said Frank Connor,
CEO.
ABOUT F3 TECHNOLOGIES, INC.
(www.f3technologies.com) F3 Technologies is a software innovator
that creates specialized social networks for groups ranging from
homeowners associations to music fans. Its products include
Interaction Community Systems™, an online tool for homeowners
associations and other member groups; Interactive Defense System™,
for police and other municipal departments; and Website Tournament,
a transparent and competitive marketplace for site design.
Comments are based on current management expectations, and are
considered "forward-looking statements," generally preceded by
words such as "plans," "expects," "believes," "anticipates," or
"intends." We cannot promise future returns. Our statements reflect
our best judgment at the time they are issued, and we disclaim any
obligation to update forward-looking statements as the result of
new information or future events. We urge investors to review the
risks and uncertainties within its filings with the OTC Markets
and/or Securities and Exchange Commission.
Contact: James Canouse 770 521 2194
Here to Serve (PK) (USOTC:HTSC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Here to Serve (PK) (USOTC:HTSC)
Historical Stock Chart
From Apr 2023 to Apr 2024