Findit, Inc. Reports 2nd Quarter Financials for Period Ending
June 30th 2016
Atlanta, GA -- August 8, 2016 -- InvestorsHub NewsWire --
FinditInc. (OTC
Pinksheet FDIT) posted its second quarter financials for the
period ending June 30th, 2016
In the second quarter of 2016, the company has generated $84,533
in revenue, compared to the same period in 2015, Findit generated
$57,440 This increase in revenues represents approximately a 32%
increase in revenue over the same period last year.
Findit attributes some of this growth to its continued increase
in members who engage Findit to provide Web Design, SEO, Social
Media Marketing and content-driven campaigns. These campaigns are
implemented to improve the clients organic, online web presence in
search engines and increase engagement in social media platforms.
The content driven campaigns typically originate from a clients
Findit Unique Keyword URL site(s) in Findit.com. Each Findit Member
site has access to the Findit Platform that consists of Right Now
Status Updates, Picture Galleries and Press Release distribution.
Findit offers complete web design and SEO services along with
content and social media campaigns.
The company reported a net loss of $2,517 for the period ending
June 30th 2016 compared to a loss of $7,505 for the same period
ending June 30th 2015 of the previous year. This amounts to a
reduction in losses of $4,988 compared with the previous
period.
Findit, Inc. is currently focused on several updates to the site
to improve its ability to be used on mobile devices. The site
currently does not provide members the ability to do Right Now
Status Updates from their mobile phones. To date this has limited
members to be able to post status updates only from laptops and
personal computers.
Raymond Firth stated We have seen another improvement in
revenues and a reduction in our loss over the same period a year
ago. We are currently working on the Right Now Status Update so
anyone with a mobile device will be able to post updates through
the Findit account. We believe this will enhance current members to
post more when they are out and about from their mobile devices
while opening Findit to a generation of members that otherwise
would not use the platform being it is not mobile friendly yet to
do status updates
Findit currently offers members the option of having a unique
Findit site address that is marketed under the term keyword URL.
Members can own their own unique URLs in Findit for $99.00 per year
or $9.87 per month. Findit provides a press release distribution
service, content writing, web design, SEO and Social Medial
Marketing as well as tools for Real Estate Agents and individuals
to list properties for sale or rent and get leads through the Home
Value Tool. Agents can activate their own Home Value Tool in their
Findit Site to generate leads.
Anyone can join Findit free. The site caters to individuals,
small business owners to Fortune 500 Companies, Celebrities,
Artists and Athletes.
To set up your Findit site please visit www.findit.com.
About Findit, Inc. Findit, Inc. owns and operates the website
Findit.com, TransWorldNews, LinkMyFan, WooEB and LinkMyStock.
Findit is a Social Media Campaign Management Platform with an
interactive search engine that provides members the ability to
post, share and manage their content. Once they have posted in
Findit we ensure the content gets indexed in Findit. Findit
provides an open platform for anyone to submit URLs that they want
to have indexed in Findit along with posting status updates through
Right Now. Status Updates posted in Findit can be crawled by
outside search engines to assist in additional organic indexing.
All post can be shared to another eighty prominent social and
bookmarking sites. Findit provides Real Estate Agents the ability
to create their own Findit Site where they can pull in their
listing and others through their IDX account. Findit also offers
News and Press Release Distribution. Findit, Inc. is focused on the
development of monetized internet based web products that increase
brand awareness of both private and public companies along with
individuals, entrepreneurs and artists. Our press release
distribution services have over 280 publishers to assist our
members in building brand awareness.
Safe Harbor Statement: This press release contains
forward-looking information within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), including statements regarding potential sales, the success
of the company's business, as well as statements that include the
word "believe" or similar expressions. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or
achievements of Findit, Inc. to differ materially from those
implied or expressed by such forward-looking statements. This press
release speaks as of the date first set forth above, and Findit,
Inc. assumes no responsibility to update the information included
herein for events occurring after the date hereof. Actual results
could differ materially from those anticipated due to factors such
as the lack of capital, timely development of products, inability
to deliver products when ordered, inability of potential customers
to pay for ordered products, and political and economic risks
inherent in international trade.
Contact:
Findit, Inc.
1 404 443 3224
info@findit.com
www.findit.com