Miami, FL -- May 19, 2016 -- InvestorsHub NewsWire – EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on the Value of a User to an App company with focus on Friendable Inc. (OTC: Pink: FDBL), Also - Terra Tech Corp. (OTCQX: TRTC), Orbital Tracking Corp. (OTCQB: TRKK), and Integra Gold Corp. OTCQX: ICGQF).
 
Friendable Inc. (OTC Pink: FDBL)
Friendable Inc. is the mobile-social network focused on the future, rather than sharing the past, where it's all about having location specific and nearby opportunities to connect with others. The Friendable brand represents a friends first approach and takes all the pressure off for its users, making it simple to make new connections, create meet up style events or simply tell others what you are "Friendable for."
 
On April 19, Friendable, Inc. (OTC Pink: FDBL) announced that its Friendable app had surpassed the 1 million downloads milestone and in addition, at that time, there were 708,760 registered users which gave great validation to the widespread acceptance of the Friendable App and its brand.  This came in just days after the company announced a 558% increase in new downloads over the previous months of January and February 2016.
 
FDBL, was contacted by the Kluger Agency (TKA) who had worked on many successful strategic relationships with companies like PlentyOfFish.com and Tinder. Earlier this year, Friendable, Inc. entered into an agreement to retain TKA to identify and secure relationships with music celebrities as well as integrate the Friendable App into music videos with Major A-List recording artists. 
 
As a result, the Friendable app was featured in the new Jennifer Lopez music video “Ain’t Your Mama”.  You can see the video here: http://emerginggrowth.com/2016/05/06/friendablel-app-featured-in-jennifer-lopez-new-aint-your-mama-video/
 
In addition to the Friendable App being exposed to JLo’s 35 million Twitter, 45 million Facebook and 44 million Instagram followers, in the “Ain’t Your Mama” video, the Friendable name has also been featured along with JLo's in online articles seen on Page Six, Spin, Yahoo, and Fox News.
 
Friendable has been announcing their explosive download and new user data following the end of the month and we are excited to see how Jlo has affected its users to date. 
 
TKA specializes in working with clients to partner products with celebrities like Jennifer Lopez, Lady Gaga, Britney Spears, Flo Rida, Eminem, Christina Aguilera, Alicia Keys, and Meghan Trainor, elevating brands to unparalleled results. 
 
Celebrity recording artist Redfoo shot out on Instagram just a few days ago, “Yea Babies, meet me on Friendable. Great app for getting ahold of me and the Party Rock Crew” https://www.instagram.com/p/BFWyzA_izMX/
 
Downloads in the US and Canada are up substantially and the Friendable App is Climbing.  The Friendable App spiked to the 3rd most downloaded app against all paid (Apple App Store) social networking apps in Canada, and 57th in the US.
 
The Company has also seen a dramatic increase in its free app user session times (time spent in app) over previous months and shows a 100% increase internally. Industry standard is approximately 35 seconds on iOS social networking apps. Friendable's current user base consistently topped 1 minute for the month of May 2016. (Source: Flurry)
 
As we see TKA introduce more celebrities to get on the Friendable bandwagon, we expect the Friendable uses to grow exponentially. 
 
So, what is the value of a user? 
 
Here are some recent examples of valuations placed on other relationship based platforms and apps. 
 
OKCupid.com
Founded by four students at Harvard University founded OKCupid.com (Originally TheSpark.com) In 1999. In February 2011, Match.com announced that it had acquired OKCupid.com for $50 million in cash.  At the time, OKCupid had 3.5 million users or a $14.00 per user valuation.
 
Tinder.com
Tinder app, founded in 2012 was valued by Merrill Lynch at 1.35 billion in July of 2015 following the increase in its majority stake by in 2014.  This was based on 50 million users at a $27 per user valuation.  However, Merrill added that this estimate was below the $33 and $42 per user that Facebook paid for Instagram and WhatsApp respectively. 
 
Story continued here:
http://emerginggrowth.com/2016/05/18/whats-a-user-worth-focus-on-friendable-inc-otc-pink-fdbl/
 
 
Terra Tech Corp. (OTCQX: TRTC)
Shares of marijuana company, Terra Tech Corp. (OTCQX: TRTC) were down as much as 10% in the early hours of trading on May 18, 2016. Within the first hour of trading, nearly 1.8 million shares have changed hands or around $400,000 in dollar volume.
 
The declines in Terra Tech Corp. (OTCQX: TRTC) come after the company reported first quarter earnings last week on May 12th, that were overall strong. The marijuana company reportedly generated $1.5 million in revenues during the first quarter 2016, versus $763,000 in total revenue during the first quarter in 2015. However, gross margins saw a hefty drop from 29% in Q1 2015 to 9% in Q1 2016. The drop in gross margins was blamed on higher research and development costs regarding Terra Tech Corp. (OTCQX: TRTC)’s marijuana concentrate initiatives.
 
Story Continued here:
http://emerginggrowth.com/2016/05/18/terra-tech-corp-otc-trtc-sheds-as-much-as-10-in-early-trading/
 
 
Orbital Tracking Corp (OTCQB: TRKK)
With an average dollar volume of only about $30,000 per day, and a 97% decline over the past 5 months, Orbital Tracking Corp (OTCQB: TRKK) was quick to get moving on the announcement of its profitable first quarter for 2016.
 
Upon the announcement that for the first quarter ended March 31, 2016, consolidated revenues increased by 62% to approximately $1,295,264 as compared to $799,698 reported for the quarter ended March 31, 2015.
 
Comparable revenue increased 35.8% and 204.9% for the Company’s wholly owned subsidiaries, GTC and Orbital Satcom Corp., for the three months ended March 30, 2016. Total sales for GTC were $922,223 for the three months ended March 31, 2016 as compared to $679,112 for the three months ended March 31, 2015, an increase of $243,111 or 35.8%. Total sales for Orbital Satcom Corp. were $367,771 for the three months ended March 31, 2016 as compared to $120,586 for the three months ended March 31, 2015, an increase of $247,185 or 205%.
 
Results in the quarter were driven by the addition of new international marketplaces, continued growth across all geographies and the addition of increasing recurring revenue derived from a 33.1% increase in monthly contract customers versus the year ago period. Sales in the quarter at the Company’s third-party e-commerce sites increased by 63.5% in the UK, by 21.4% in the EU and by 5.0% in the US.
 
Net income for the quarter ended March 31, 2016 was approximately $59,946 as compared to a net loss of approximately $421,982 in the comparable quarter of 2015. Comprehensive income was $61,985 for the quarter, as the Company recorded a gain for foreign currency translation adjustments for the three months ended March 31, 2016 of $2,039, as compared to a comprehensive loss of $422,466, for the three months ended March 31, 2015.
 
Orbital’s stock traded up 63% on about $75,000 in dollar volume on the announcement with follow up on Tuesday to the tune of 244% gains on just under $2 million in dollar volume.
 
Story continued here:
http://emerginggrowth.com/2016/05/18/after-a-five-month-97-decline-orbital-tracking-corp-otcqb-trkk-sees-the-light-at-the-end-of-the-tunnel/
 
 
Integra Gold Corp. (OTCQX: ICGQF)
Integra Gold Corp. (OTCQX: ICGQF) is seeing heavy volume in the first hour of trading on May 18th, pushing shares lower by nearly 5%. Around 420,000 shares have exchanged hands early today, or around $235,000 in dollar volume.
 
The junior gold exploring and mining company mostly operates in Canada through the Lamaque Gold Project and Triangle, where Integra Gold Corp. (OTCQX: ICGQF) has five active drills. The gold company released an update on May 12, 2016 shows the company is continuing to find massive deposits as the drilling phase progresses. Integra Gold Corp. (OTCQX: ICGQF) began drilling on the Triangle and Lamaque Gold Project in September 2015. The following is a summary of the exploration results recently announced:
 
2015/2016 Exploration Summary
 
A total of 93,592 m in 203 drill holes was completed at Lamaque in 2015 of which 59,753 m in 104 drill holes was conducted at Triangle. In 2016 a total of 65,000 m in 159 drill holes have thus far been completed at Lamaque South. Drilling is ongoing at Lamaque with 5 drill rigs currently in operation.
 
Story continued here:
http://emerginggrowth.com/2016/05/18/shares-of-integra-gold-corp-otcqx-icgqf-fall-5-on-heavy-volume-in-early-trading/
 
 
Emerging Growth has launched a new page dedicated to Caveat Emptor Status.  You can view it here:
http://emerginggrowth.com/caveat-emptor-status-changes/
 
About EmergingGrowth.com
EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies.  Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization.  We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth.  Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community.  Through our Parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space. 
 
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