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Social Media's share price dials higher
Thursday, November 21, 2013 by Proactive Investors


MOKO's shares have now doubled in the past month.
MOKO's shares have now doubled in the past month.

MOKO Social Media (ASX: MKB) added another 11.1% yesterday to close at $0.30, on massive volume of 7.7 million shares.

The company's shares have now doubled in the past month, and are around eight-times higher than the middle of 2013.

The bulk of the gains follow the company’s agreement with IM Leagues LLC (IML) on 14 October 2013 that could give it access to as many as 10 million students in over 600 U.S. colleges for its mobile REC.IT platform.

IML offers a suite of tools from online signup to comprehensive scheduling required to manage college intramural leagues.

MOKO will then look to monetise this platform by selling mobile advertising to sponsors, businesses and organisations seeking exposure to the U.S. college student demographic.

http://www.proactiveinvestors.com.au/companies/news/50418/moko-social-medias-share-price-dials-higher-50418.html