TAMPA, FL--(Marketwired - Jul 23, 2013) - TheDirectory.com, Inc. (
TheDirectory.com founder and CEO Scott Gallagher commented, "Our plan is to complete the process of becoming an SEC exchange act reporting Company as soon as possible. We've discussed our plans and the timeline with the partners of DKM they are onboard. We're pleased to have them retained as our official auditor of record. Additionally, we expect to formally engage our SEC securities counsel in the next couple of days, at that point we'll have the full team together to get the filings done and complete the up-listing of TheDirectory.com to the OTCBB."
Gallagher continued, "As I recently mentioned in my letter to the shareholders and will detail further on today's conference call, we have numerous acquisition opportunities to create shareholder value worth millions in annual revenue and profits in front of us once we complete the up-listing of our securities. We've been communicating with several target Companies so that when we complete the filing process and up-list our securities to the OTCBB we'll be prepared to execute the 'Buy' part of our Build, Buy or Partner based growth strategy."
Today the Company reported preliminary gross revenues for its second quarter ended May 31, 2013 of $126,221 for a sequential topline increase in revenues of 26%. The Company anticipates reporting a quarterly profit when it files its full Q2 results on August 8th. This will be the Companies last filing as a pink sheet Company.
About TheDirectory.com, Inc.
TheDirectory.com is a diversified Local and Vertical Internet search company that owns and operates a network of Locally targeted, category specific, search destinations anchored by its Local business search engine www.TheDirectory.com, other sites in the network include:, www.Chiropractor.net, www.Therapists.net, www.Dietitians.net and many others. For more information see the Company's financial statements and related filings on www.OTCMarkets.com.
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). TheDirectory.com, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.