STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Trig Social Media AB (FWB:TRIG)
The Board of Directors of Trig Social Media AB (publ) is pleased to announce the release of the quarterly report for the period 1 July - 30 September 2014. The result and development is in line with the expectations of the management.
The now released quarterly report covers the first quarter in which the shares of Trig Social Media AB (publ) have been listed on the Frankfurt Stock Exchange's regulated market, General Standard. The management are happy to have completed this important step in the history of the company. During the reporting period the company's business operations have developed according to plan.
"As newly appointed CEO of the company I am full of expectations of what the future will bring. Trig is ready and prepared for the next steps to be taken which will include Trig moving into additional fields of the social media arena with a broad spectre to become even more fully flexed and aimed at becoming a leader in the market" - Phillip Cook"
Trig Social Media AB (publ) is a holding company for a portfolio of social media and related user engagement applications.
The Company has an existing portfolio of 26.25 million users, of which 23 millon have corporate sponsors to download the company’s income generating application: Trig Money™.
Trig Social Media AB (publ) financial model is significantly different from all other companies operating in the social media space, as the company does not rely on traditional click/view advertising etc.
Trig Social Media AB (publ) is currently focused on the 18 countries in which it operates today.
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