Positive news. While the traffic growth is very encouraging, today's move was probably more in sympathy with MINE's IPO. IMHO, the stock will really begin to move when the company closes on some financing.
biz.yahoo.com
Wednesday March 24, 1:00 pm Eastern Time
Company Press Release
SOURCE: Suite101.com, Inc.
Suite101.com, Inc. announces 100% ''member generated'' growth
600 Contributing Editors - Web Guides - Lead Millions of Web Surfers to
the Best Content on the Net
VANCOUVER, March 24 /CNW-PRN/ - Suite101.com, Inc. (OTC BB: BOWG)
announced today that its award winning online community has more than
doubled in size during the last year. Suite101.com attributes this
growth not to paid advertising, as it hasn't done any, but as a direct
result of word of mouth by its millions of visitors and Members.
Suite101.com's community, free membership and member-generated content
all help to spread the word, but it is the passion of the Contributing
Editors that have led millions of web surfers to the best content on the
Net that has successfully attracted repeat visitors and generated
increased membership.
''This growth is amazing. This time last year Suite101.com had 260
Contributing Editors. Today we have 600!'' states Jason Pamer,
Suite101.com Editor in Chief. ''This tremendous increase demonstrates
that Internet users appreciate guidance in wading through the chaos of
the Net. Traditional search engines have proven too effective - they
find too much information. Machines cannot discern quality. People can.
Suite101.com is a community of real people helping real people.''
About Suite101.com
Suite101.com: suite101.com is the first online community of
real people helping real people find the best and most current
information on the Internet. The Suite101.com solution focuses on
member-generated content created by real people - web guides, called
Contributing Editors, who scour the Internet for the best web sites in
their areas of expertise. They do all the work - the searching - so the
Internet user does not have to. Suite101.com attracts Membership by
offering its on-site award winning Best of Web Guide for free. To date,
Suite101.com's more than 600 Contributing Editors have published over
12,000 archived articles on topics ranging from politics to pets to
gardening to hip hop music, led millions of visitors and Members to the
best Web sites and moderated thousands of topic related discussions. In
addition, it is Suite101.com's goal to provide to its visitors and
Members an online based community that fosters user creativity and
communication through Suite101.com's interactive and publishing features
such as discussions, chat, polling and personalized pages.
Suite101.com's revenue model will concentrate on electronic commerce
(''e-commerce''). Through e-commerce, Suite101.com intends to provide
its members with access to the products offered by leading marketers and
service providers (''E-Providers'') whereby Suite101.com will
participate with their E-Providers in a percentage of the proceeds from
online transactions.
Recent Suite Events:
Suite101.com announces Mitch Blumberg, associated with Pritcher Forman -
Mitch Blumberg, of Los Angeles, CA, to the Company's Board of Directors.
suite101.com
Suite101.com Announces Listing to OTCBB
Trading Symbol ''BOWG'' -- Best Of Web Guide
suite101.com
Press Kits are available at: suite101.com
This Press Release may contain statements which constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, including statements regarding the plans,
intentions, beliefs and current expectations of the Suite101.com, Inc.
(''Company''), its directors, or its officers with respect to the future
business activities and operating performance of the Company. Investors
are cautioned that any such forward-looking statements are not
guarantees of future business activities or performance and involve
risks and uncertainties, and that the Company's future business
activities may differ materially from those in the forward-looking
statements as a result of various factors, including, among others, the
inability of the Company to raise additional capital necessary for the
fulfillment of its business plan. Additional important factors that
could cause such differences are described in the Company's periodic
filings with the Securities and Exchange Commission, including the
Company's annual report on Form 10-KSB, quarterly reports on Form 10-QSB
and current report on Form 8-K. The filings may be viewed at
sec.gov. |
