LOS ANGELES, CA--(Marketwired - Aug 2, 2016) - GAWK Inc. (OTC PINK: GAWK) announced another signature client win, with the signing of 800FUND (800fund.com), a fast growing enterprise located in the Wall Street financial district of New York, specializing in alternative business financing to its client base. Jonathan Walker, VP Operations, announced today that GAWK will provide packaged services uniquely designed to drive the future business of 800FUND. Scott Kettle, CEO of GAWK, noted, "GAWK continues to roll up new customers that are attracted to our innovative, secure suite of Cloud Communication products with full product integration."
"I attribute the success of GAWK to being strategically positioned in the market as a well known and trusted partner for sales driven organizations looking to grow," commented Walker.
On Tuesday, May 24th, the Company filed its Annual Report for the year ended January 31, 2016, in which it reported that the Company's revenue for the year increased by 984%. GAWK's total assets increased last year to $7,249,750 from $3,297,640, or a rise of 219%, principally from three acquisitions made over the past 30 months. GAWK's business plan contemplates targeting cloud services companies for acquisition, developing vertical markets, and fast-tracking organic growth.
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
800fund.com is a provider of Merchant Cash Advances (MCA), Working Capital Solutions, alternative financing solutions and other alternatives to credit lines and small business loans through the purchase of future receipts, ACH programs, and numerous other alternative lending solutions and programs. Helping small business obtain capital through alternative lending solutions. When banks and other lenders say "Declined," we find a way to say, "Your Small Business is Approved." We provide working capital for small business. 800fund.com offers a number of flexible alternative lending solutions. We offer advances from $1,500 to $1,000,000 and remittance terms from 30 days to 24 months. 800fund.com offers instant pre-approvals. 800Fund.com offers Cash on Demand options. In addition, 800Fund offers numerous retail, mobile, ecommerce and high-risk merchant service platforms. 800fund.com offers same day funding options for small and mid-sized businesses. www.800fund.com. 30 Broad St, 28th fl., New York, NY 10004. Tel. 866-386-3006.
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.