LOS ANGELES, CA--(Marketwired - Dec 21, 2015) - GAWK Inc. (OTC PINK: GAWK) announced that it has filed its quarterly report on Form 10-Q for the third quarter ended October 31, 2015 with the United States Securities and Exchange Commission. CEO Scott Kettle reported that year to date revenue was significantly higher, up 1089%, for the first nine months of 2015, over the same period in 2014. Operating expenses decreased by 374% and liabilities were reduced in the last quarter by $1,239,571.
Kettle said, "We are growing rapidly as planned through acquisition and by signing up clients who recognize our superior technology, which includes 'Last Mile' wireless connections. Our intention is to build a national chain of GAWK data centers, and expanding internationally from there. GAWK currently has a presence in 21 countries, and 31 major cities, (16 cities in the U.S.)."
The Company plans a conference call for shareholders and other interested parties on January 5, 2016.
About GAWK, Inc.
Gawk, Inc. offers a suite of cloud communications, cloud connectivity, cloud computing, and managed cloud-based applications solutions to small, medium, and large businesses; and offers domestic and international voice services to communications carriers worldwide. It offers a suite of advanced data center and cloud-based services, including fault tolerant, high availability cloud servers, which comprise platform as a service, infrastructure as a service, and a content delivery network; managed network services that converge voice and data applications, structured cabling, wireless, and security services, as well as include Internet access via Ethernet or fiber at speeds ranging from 10 Mbps to 10 Gbps; and data center solutions, including cloud services, colocation services, and business continuity services, such as storage and security. www.gawkinc.com
All statements in this release that are not strictly historical facts are "forward-looking statements." Such forward-looking statements are based on GAWK's current assumptions, beliefs and expectations, and involve risks, uncertainties and other factors that may cause GAWK's actual results to be materially different from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words such as "expect," "plan," "possibility," "offer," "if," "negotiate," "when," "believe," "will," "estimate," "continue," and similar expressions. Risks, uncertainties, and other factors that could cause or contribute to such differences include, but are not limited to: ongoing and future intellectual property enforcement actions; the ability to successfully litigate or settle claims of patent infringement; GAWK's ability to obtain necessary financing, generate sufficient cash flow, and maintain appropriate indebtedness; and the increasing development of market competition in the area of telecommunications. These factors and others are described in more detail in GAWK's public filings with the Securities and Exchange Commission, including the risks discussed in the "Risk Factors" section in GAWK's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Copies of these reports can be found on GAWK's website (http://gawkinc.com) under the heading "Investor Relations." GAWK is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained herein as a result of new information, future events or otherwise.