Tweet inShare Email Moko Social Media's trade strong volumes, access to 10 million U.S. students Monday, November 11, 2013 by Proactive Investors
Three months ago Moko Social Media was trading at around $0.07. Moko Social Media (ASX: MKB) shares are continuing to trade heavy volumes, with close to two million shares changing hands on Friday, with the stock closing 7.7% firmer at $0.21.
Three months ago the company was trading at around $0.07.
The bulk of the gains follow the company’s agreement with IM Leagues LLC (IML) on 14 October 2013 that could give it access to as many as 10 million students in over 600 U.S. colleges for its mobile REC.IT platform.
IML offers a suite of tools from online signup to comprehensive scheduling required to manage college intramural leagues.
The company will then look to monetise this platform by selling mobile advertising to sponsors, businesses and organisations seeking exposure to the U.S. college student demographic. ----------- Wenn du dich mit der Börse einlässt, verändert sich nicht die Börse, die Börse verändert dich. |