| March 12, 2013 - 8:06 AM EDT |
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$5 Million Market Valuation Places CrowdGather Under Wall Street’s Radar
As we look over the social media companies in the Global X Social Media Index, we find a wide disparity in market valuation and market performance. To gain perspective of CrowdGather’s (CRWG) valuation and opportunity, our report will look at CrowdGather’s unique visitors, price/book and business model to contrast them to other companies both in and out of the social media sector. Unique visitors are a method used to value online properties. Given the size of CrowdGather’s network of sites, we believe the company is one of the most undervalued companies in the social media sector.
There are of course many exceptions to standardized valuations. Occasionally and of particular interest to us, as it relates to CrowdGather, is that Wall Street (and this works with many sectors) often overlooks some of the smaller or newer entrants to the sector. These overlooked companies may provide opportunities for the sophisticated, aggressive investors, who spend the time to research and learn about these companies before others discover them.
For our full report on CrowdGather please follow this link: http://threeknightscapital.com/crowdgather-research-report/
About CrowdGather, Inc.
With its growing portfolio of special interest forums and enthusiast message board communities, CrowdGather (www.crowdgather.com) has created a centralized network to benefit forum members, forum owners, and forum advertisers. CrowdGather provides a highly interactive and informational social network for members, a management and revenue-sharing resource for third-party forum owners, and a largely untapped advertising network for marketers worldwide.
About Three Knights Capital, Inc.
Three Knights Capital, Inc. is an investor relations and independent investment research firm located in Port Jefferson, New York. A powerful investor relations program is essential for any on market or pre-market company. Three Knights Capital encourages companies to be proactive in this arena, providing dedicated services to achieve robust and effective investor relations. Three Knights Capital, Inc. has been compensated by CrowdGather, Inc. for its services. Full disclaimers relating to compensation can be found at www.threeknightscapital.com
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth and business strategy. Words such as “expects,” “will,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company’s business; general economic, industry and market sector conditions; the ability to generate increased revenues from the Company’s forums; the ability to obtain additional financing to implement the Company's long-term growth strategy; the ability to manage the Company's growth; the ability to develop and market new technologies to respond to rapid technological changes; competitive factors in the market(s) in which the Company operates; and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Source: Accesswire IA (March 12, 2013 - 8:06 AM EDT)
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