LAGUNA NIGUEL, Calif., Oct. 2, 2012 -- Monster Offers (OTCBB: MONT), a leading Daily Deal analytics provider and aggregator, today announced that its proposed merger with Ad Shark, Inc., a mobile marketing firm specializing in the sales and management of innovative marketing services to Smartphone app developers, remains on track for completion, as previously reported on August 28th, 2012.
The parties to the proposed merger have been waiting for the completion of an audit of the Ad Shark company financials. Management for each of the companies is now is the process of completing the final merger documents, which will be disclosed in a Current Report on Form 8-K to be filed on the EDGAR system with the U.S. Securities and Exchange Commission. The Company expects to file the Form 8-K regarding within the next week.
Upon consummation of the merger, Ad Shark's executive management team would assume control of, and work to integrate the two companies' respective core businesses and product/service offerings, into the merged entity.
About Monster Offers™:
Monster Offers is a leading Daily Deal analytics provider and aggregator collecting daily deals from multiple sites in local communities across the U.S. and Canada. Focused on providing innovation and utility for Daily Deal consumers and providers, the company collects and publishes thousands of daily deals and allows consumers to organize these deals by geography or product categories, or to personalize the results using keyword search. More information can be found by visiting the company's websites located at monsteroffers.com and at monsterdailydeals.com.
About Ad Shark™:
Ad Shark organizes advertising sales efforts by constructing a media and advertising delivery systems for Smartphone and Tablet app developers. Ad Shark's corporate mission is to capitalize on the explosive growth of the mobile marketing industry, which some analysts have estimated to be increasing at an annual rate of about 100% per year and which by some estimates will reach $47 Billion Dollars in worldwide annual revenues by 2013.
Ad Shark's approach to integrating traditional internet advertising with optimized media and cutting edge ad delivery methods, all tailored specifically for the applicable Smart Device, OS or screen resolution platform, puts the company in an ideal position to compete for engagements involving advertising campaigns for mobile marketing services and products.
At present, Ad Shark has more than 2000 clients, including its relationship with Trick or Tracker® "killer app" developer Iconosys, Inc.
For more information on Ad Shark, Inc., see adshark.mobi.
Any statements contained in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including, but not limited to, the risks associated with the management appointment described in this press release, and other risks identified in the filings by Monster Offers (MONT), with the U. S. Securities and Exchange Commission. Further information on risks faced by MONT are detailed in the Form 10-K for the year ended December 31, 2011, and in its subsequent Quarterly Reports on Form 10-Q. These filings are or will become available on a website maintained by the U. S. Securities and Exchange Commission at http://www.sec.gov. The information contained in this press release is accurate as of the date indicated. Actual results, events or performance may differ materially. Monster Offers does not undertake any obligation to publicly release the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
FOR ICONOSYS/AD SHARK
MAX BORGES AGENCY
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SOURCE Monster Offers