Becoming publicly traded is an important step for us to build awareness in the capital markets as we strive to develop and gain recognition as a social network for internet users globally
Humble, TX (PRWEB) September 8, 2009
So Act Network, Inc. (OTCBB:SOAN - News) announced today that its common stock has begun trading on the Over-The-Counter Bulletin Board (OTCBB).
"Becoming publicly traded is an important step for us to build awareness in the capital markets as we strive to develop and gain recognition as a social network for internet users globally," said Greg Halpern, President, So Act Network. "So Act provides its users with a unique suite of productivity tools by allowing its members - to promote or build whatever they want in the world, without excessive rules, without being subjected to spam or ads and without having their personal information used by marketers.
About So Act Network, Inc.
So Act's innovative technologies provide a global social network where its members are free to accomplish and promote all of their important goals without being subjected to spam or ads and without having their personal information used by marketers. So Act improves on the social networking theme by providing businesses and individuals with valuable productivity tools in a personalized, private format that enhance the overall web experience and save time and money for its users.
Some of the tools that provide benefits to So Act members include -
- a communication platform that combines spam-free and ad-free email, text and chat allowing users to maintain as many always-on conversations as they desire
- the ability to form groups that help build business, develop new ideas, study and learn, promote causes, connect with likeminded individuals
- a high performance search engine that is ad-free and provides only the top 10 results in the world
- a media drive that allows members to upload, secure, and file share every important file on their computer
- a press club so members can share their important news with their followers and the media
- For more information, and to join free - visit http://www.SoAct.Net
This press release contains forward-looking statements that involve risks and uncertainties. These statements may include statements regarding stock-based compensation charges and our plans to invest in our core business and make significant capital expenditures. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, unforeseen changes in our hiring patterns and our need to expend capital to accommodate the growth of the business, as well as those risks and uncertainties included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in our Annual Report on Form 10-K for the year ended December 31, 2008, which is on file with the SEC and is available on our investor relations website at SoAct.Net and on the SEC website at http://www.sec.gov. Additional information is also set forth in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2009, which is also on file with the SEC. All information provided in this release as of Septmeber 8, 2009 and So Act Network undertakes no duty to update this information.
So Act is a registered trademark of So Act Network, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
Greg Halpern, So Act
Greg (at) SoAct (dot) Net