This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Monster Offers Announces Merger Conversion Ratio And New Company Name

LAGUNA NIGUEL, Calif., Oct. 8, 2012 /PRNewswire/ -- Monster Offers (OTCBB: MONT), a leading Daily Deal analytics provider and aggregator, today announced that management has determined that the exchange ratio for the proposed merger with Ad Shark, Inc., a privately held California corporation, will be 4.38:1.  Under the terms of this transaction each 4.38 shares of Ad Shark would be converted into the right to receive one (1) share of Monster Offers.  As previously reported, the pending merger remains on track for completion.

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 the closing of the merger transaction within the next week.  In addition, upon the closing of the merger, the company intends to file the appropriate name change documentation with the State of Nevada, which will change the company's name from "Monster Offers" to "Monster Mobile Marketing, Inc."

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,088.72 -286.04 -1.75%
S&P 500 1,919.05 -32.08 -1.64%
NASDAQ 4,678.8680 -54.6290 -1.15%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs