Posted in September 1, 2010 ¬ 2:29 pmh.iancassel
Quepasa Corporation owner of Quepasa.com, an online social network targeting the Latino community, today announced that the website saw its registered users grow by 1.8MM in August, up from 1.4MM members during the month of July, resulting in a total user base of 18.7MM members. At the same time, monthly unique [...]
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Posted in August 24, 2010 ¬ 6:06 amh.iancassel
Approximately 57 million Americans have tried or played a social network game recently — a large number of consumers for what is a fairly new genre in the video-game industry — according to a survey done by the market research firm NPD Group.
According to NPD, approximately 20% of the U.S. population older [...]
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Posted in August 21, 2010 ¬ 7:59 amh.iancassel
Ravi Mehta is vice president of product for Viximo, where he drives the product strategy for Viximo’s social game distribution platform and helps social networks monetize via social games and virtual goods. For more information on virtual goods, visit his blog, Virtual Goods Insider, and follow him on Twitter.
In 2009, an estimated $2.2 billion in [...]
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Posted in August 18, 2010 ¬ 5:44 pmh.iancassel
The Quepasa Corp (QPSA) investor conference call was one of the best Q2 calls (of any company) I’ve listened during this earnings season. I have owned the stock since January, and after many conversations with management, I can say without a doubt that they’ve executed their plans to perfection thus [...]
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Posted in August 10, 2010 ¬ 8:31 amh.iancassel
2Q10 Revenues Well Ahead of Our Expectations Due To Strong Backlog.
Company Anticipates Being Cash Flow Positive for 2010.
Reiterate Buy Rating and Price Target of $9.00.
[Read Full QPSA Report]
Disclosure: LONG QPSA
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Posted in July 28, 2010 ¬ 8:57 amh.iancassel
The Walt Disney Company on Tuesday became Hollywood’s leader in the booming social game business by acquiring Playdom in a deal worth as much as $763.2 million.
Playdom is one of a cluster of tech start-ups that make simple online games and sell virtual goods — like a $2.50 outfit for a character in [...]
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Posted in July 23, 2010 ¬ 5:25 pmh.iancassel
Quepasa.com continues to get record traffic and page views. This bodes well for new membership signups and unique visits for the month of July.
The high profile political campaign is to be launched in mid-August, along with the previous announced 3.5 million dollar Ecological campaign. These high profile campaigns will bring more visibility to Quepasa.
With gaming, [...]
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Posted in July 15, 2010 ¬ 9:44 pmh.iancassel
Global revenue from the sales of virtual goods will reach $6 billion by 2013, according to Minneapolis-based investment firm Piper Jaffray, which isn’t too shabby for a product that has been deemed by many to be “intangible” or “non-existent.” To the contrary, consumers have shelled out millions for clothing, housing and miscellaneous gifts [...]
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Posted in June 25, 2010 ¬ 5:51 pmh.iancassel
Quepasa Corp (QPSA) presented today at 10:40AM EST at the Sidoti Microcap conference in NYC. Quepasa Corp owns (www.Quepasa.com), one of the world’s largest, trilingual, Latino social networks.
[View Power Point Here]
John did a great job presenting the story and it is quite impressive how far the company has come the last six months. He is [...]
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Posted in June 24, 2010 ¬ 2:42 pmh.iancassel
Quepasa Corp announced today the signing of $3 million in additional DSM (Distributed Social Media) advertising campaigns. This makes $7.4 million in DSM campaigns signed in 2010 YTD. The company needs about $4.5 million in annual revenues to cover their $350,000/month burn rate, so these additional DSM contracts should catapault the company well into positive [...]
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