Thedirectory.com, Inc. (PN) (USOTC:SEEK)
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5 Years : From Nov 2013 to Nov 2018
TheDirectory.com, Inc. (PINKSHEETS: SEEK) an emerging leader in the Local search space, today announced that it has engaged New Jersey based financial advisory firm Gibraltar Advisors to assist the Company in the area of mergers and acquisitions, corporate financing and deal structuring.
www.TheDirectory.com Founder and Chief Executive Officer Scott Gallagher commented, "As outlined last week in my letter to the stockholders, we're entering a new growth phase for our Company that's based on our Build/Buy/Partner strategy. This strategy is partially based on our ability to acquire a potential acquisition candidate and integrate their business seamlessly and expeditiously into TheDirectory.com. We can accomplish this principally because our recoded and redesigned platform allows us to easily facilitate the additional revenues and also because our portfolio of over 1,000 domain names which would cost millions to replicate, cover some of the most important categories in the Local search space. For example, we own the TLD (top level domain) www.Chiropractor.net, the keyword "Chiropractor" alone is worth millions of dollars each and every month on PPC networks like Google AdWords and others. We've hired Gibraltar Advisors to assist us in structuring a roll-up strategy and to communicate our value proposition to Wall Street banks and to potential acquisition candidates. Gibraltar brings over 100 years of collective market knowledge and experience to the table."
Gallagher continued, "We've already identified several potential acquisition opportunities that would grow our top line in the millions while being immediately accretive to earnings. The key to closing these types of transactions lies in having a quality long term funding partner. We've been very impressed by the quality of the firms Gibraltar has already introduced us to in regards to acquisition financing. I firmly believe that as we complete the reporting process and once again become an SEC exchange act reporting Company, Gibraltar will increasingly play a critical role in establishing our brand and assisting us in executing our roll-up strategy."
Gibraltar advisors Managing Partner Jon Doukas stated: "TheDirectory.com has all the necessary ingredients to become a major player in this space in a short period of time."
About TheDirectory.com, Inc.
TheDirectory.com is a diversified Local and Vertical Internet search company that owns and operates a network of Locally targeted, category specific, search destinations anchored by its Local business search engine www.TheDirectory.com, other sites in the network include: www.Chiropractor.net, www.Therapists.net, www.Dietitians.net and many others. For more information see the Company's financial statements and related filings on www.OTCMarkets.com.
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). TheDirectory.com, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.