Personas Announces Floyd Mayweather Marketing Event
22 Februar 2021 - 2:00PM
Business Wire
Personas Social Incorporated (TSX.V: PRSN) (the
“Company” or “Personas”) is pleased to announce its
upcoming marketing event with world-famous boxer Floyd Mayweather
on Friday February 26th, 2021.
The Company is proud to announce its participation in an online
marketing event with Mr. Floyd Mayweather. Mr. Mayweather is a
world-famous boxer with over 24 million social media followers. The
marketing event held by Mr. Mayweather will require his followers,
to follow Peeks Socials’ Instagram account to qualify to win a
portion of a $25,000 prize pool.
The Company has engaged in several similar marketing programs in
2020 with a great deal of success in both, getting followers on our
social media accounts and in converting those followers into users
of our services. For the year 2020 the Company’s user acquisition
cost was $1.61 CAD per user, and the average Gross Revenue per user
was approximately $8.89 CAD. Similarly, Net Income per user was
approximately $3.91 in 2020. The Company is accelerating its
marketing efforts in 2021 with initiatives like our marketing event
with Mr. Mayweather.
The Company continues to refine its marketing initiatives to
target desirable user demographics more precisely. In the case of
Mr. Mayweather, his followers represent two desirable demographics:
men and bitcoin enthusiasts. The recent launch of the Company’s
Bitcoin payment system makes access to crypto currency enthusiast a
priority. Although Mr. Mayweather is no longer active in the crypto
currency industry many of his 24 million social media followers
continue to be.
You can download the Peeks app in both the Apple or Android
Appstore or visit our website at www.peeks.tv.
Comments on Operational Metrics
The numbers and amounts reported herein are unaudited historical
operational metrics. The operational metrics reported here are
generated from internal reports and are not intended to comply with
International Financial Reporting Standards ("IFRS"). The
disclosure in this press release is intended to provide insight
into the Company’s sales trends. The internal operational metrics
disclosed herein are used by management as a tool to assess the
Company’s overall sales performance and should not be deemed to be
financial disclosure or otherwise construed to replace or negate
the Company’s audited financials.
For the purposes of this press release, the Canadian dollar
amounts were calculated at the annual average exchange rate for the
year 2020 which is used herein as $1.34 CAD to $1.00 US dollar.
‘Gross Sales’ are the total sales processed by the company in a
given period, ‘Net Sales’ are the Gross Sales minus payment
processing fees, and ‘Net Income’ is the gross fees earned by the
Company for the use of its platform by streamers and viewers. The
actual audited Gross Sales, Net Sales and Net Income numbers will
vary from the numbers reported herein due to, but not limited to,
fluctuations in foreign exchange at the time of transactions and at
the time of settlement of funds to the Company and variations in
payment processing fees.
Forward Looking Statements
This press release includes statements that may constitute
"forward-looking" statements, usually containing the words
"believe," "estimate," "project," "expect", "plan", "intend",
"anticipates", "projects", "potential" or similar expressions.
Forward-looking statements inherently involve risks and
uncertainties that could cause actual results to differ materially
from the forward-looking statements. Forward-looking statements are
statements that are not historical facts. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company’s expectations are risks
detailed from time to time in the filings made by the Company with
securities regulations. Forward-looking statements contained in
this news release are expressly qualified by this cautionary
statement. The forward-looking statements contained in this news
release are made as of the date of this news release and the
Company will update or revise publicly any of the included
forward-looking statements as expressly required by Canadian
securities law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) has reviewed or accepts responsibility for the
adequacy or accuracy of this Release.
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version on businesswire.com: https://www.businesswire.com/news/home/20210222005303/en/
Personas Social
Incorporated Mark Itwaru Chairman & Chief Executive
Officer 416-815-7000 mark@Personas.com
Personas Social (TSXV:PRSN)
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