WKLI has made a solid move during the last 2 trading days, but now it is at a resistance point. Will it break through? The video explains what to look for at this point. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=380 Let us hear your thoughts below:
WikiLoan Inc., operators of a groundbreaking Web-based person-to-person borrowing and lending platform, has surprised everyone by its sudden success in one of the fastest growing segments of the financial services industry, peer-to-peer lending. The fledgling company has become the go-to place for virtually anyone looking to borrow or lend money, from $1,000 to $25,000. A world apart from the stuffy, paper-laden, and inflexible environs of the big lending institutions, WikiLoan has become a breath of fresh air in an otherwise stale industry. Using an easy-to-navigate online front-end, the company allows individual borrowers and lenders to easily work out beneficial loan…
WikiLoan, Inc. – the bold pioneer in a growing world of peer-to-peer lending whose social media-based lending portal, WikiLoan.com, is fast becoming a familiar hangout to family and friends seeking a low-cost yet structured means to lend money amongst each other – announced recently a major new strategic push to serve the unbanked and underbanked. With over 28 million potential customers in the US alone, this is a gold-mine market segment which has proven historically difficult to court. In spite of that, WikiLoan – with its innovative financial services model – is seeing penetration into this group. The “Wiki” branded…
WikiLoan, Inc., operator of a financial social network, yesterday presented its history and progress to shareholders. CEO, Mr. Garibaldi stated, "Remember, Bill Gates, Michael Dell, Steven Jobs? – They all started out as the proverbial 'two guys in a garage' creating a business that they believed would transform antiquated models. We started out like them - Two guys in a 'garage', with a vision to replace an old platform with a 21st-Century one. We overcame tremendous obstacles, spent over $1 million and 20,000 man-hours, to create this new platform that we believe will take the lending business to its next…
WikiLoan, Inc., operator of a financial social network, announced yesterday after the closing bell that it anticipates receiving final design and specifications for the first stage product of "Wiki" branded phone cards by early next week. The cards are to be sold through SDI's distribution channel that reaches more than 20,000 retail locations. The approval of the design and specifications will be the first material step taken since the agreement was signed last month. "I'm excited that the process has begun to execute our strategy outlined last month to gain a foothold in this market. The deal to develop and…
WikiLoan, Inc. is a financial social network focused on serving the unbanked and underbanked consumer market, which exceeds 28 million in the US. It is anticipated that the company’s "Wiki" branded cards will be launched into the marketplace by April 1 and may ultimately reach more than 20,000 distribution points. Up to 5 million "Wiki" cards will be sold possibly resulting in tens of millions of consumers being exposed to the "Wiki" brand through various advertising collateral. "What's so special about this deal is that the distribution points are primarily located within immigrant communities and run by local merchants. Often…
WikiLoan, Inc., a financial social network, announced yesterday that it has successfully renegotiated with its contracted processor for dramatically lower ACH fees. Higher payment and money transfer fees directly increase the cost of consumers who make transactions on the Internet. "This renegotiation represents a tremendous savings for the users of our website. It will save them in excess of 80% on every transaction, with little impact on WikiLoan's margins," stated Edward C. DeFeudis, WikiLoan's Founder and President. "It was a high priority for us to adjust the processing charges for our users, particularly for the small transactions. Providing payments for…
WikiLoan, Inc. (WKLI.OB) has already traded over 1.5 Million shares today - a new all-time record in just the first hour of trading! The stock’s 3-month average daily volume is 431,000 traded shares! In recent news, the company announced that it has signed a definitive 2 year agreement with SDI Distributors NJ, Inc. (SDI) to develop up to 5 million “Wiki” branded phone and cash equivalent cards to be sold through SDI to more than 20,000 retail locations. According to the press release, the agreement could generate as much as $20 million in revenue over the next two years. For…
WikiLoan, Inc., pioneers of the revolutionary new website Wikiloan.com, a peer-to-peer lending facility that is streamlined for ease of use and security and structured around the social networking paradigm we’ve all come to know and love so well, is poised to explode due to its cutting-edge profile and extenuating market factors. Consumer attitudes towards online lending in response to the global credit crunch have led to straitened lending protocols and high interest rates, further complicated by constrictive borrowing requirements, making the process of loan acquisition nightmarish to a huge chunk of the market. This problem drastically affects micro-loan situations for…
WikiLoan, Inc., a financial social network, announced after the closing bell that it has signed a definitive 2 year agreement with SDI Distributors NJ, Inc. (SDI) to develop up to 5 million "Wiki" branded phone and cash equivalent cards to be sold through SDI to more than 20,000 retail locations. According to the press release, the agreement could generate as much as $20 million in revenue over the next two years. This agreement would also allow WikiLoan’s brand to gain valuable exposure to millions of users throughout the country. "I'm truly excited that we have begun to execute our strategy…
