Quepasa to Present to the Long Island Investment Banking Group
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WEST PALM BEACH, Fla., Oct. 8 /PRNewswire-FirstCall/ -- Quepasa Corporation
(Pink Sheets: QPSA), one of the world's fastest-growing Latino social
networks, today announced that it will be making a presentation to the Long
Island Investment Banking Group, comprised of over 73 of the top brokerage
firms in the Long Island area, on October 28, 2009.
In its presentation, Quepasa intends to communicate progress achieved in
developing its business model and to inform attendees of the abundant market
opportunity and how Quepasa is positioned within both the Latino market and
social networking space. Quepasa will be seeking to increase market awareness,
initiate research coverage, add market makers, and attract both institutional
and retail investors to its publicly traded stock.
"Quepasa has achieved significant membership growth and has launched multiple
new revenue platforms. We believe that now is the time to start actively
communicating the results of these initiatives and opportunities to the
investment community. Long Island Investment Banking Group (LIIBG) gives us an
impressive platform to be able to reach a wide group of investors, analysts
and brokerage firms. We are excited about the opportunity and look forward
building strong relationships with the attending brokerage firms," said John
C. Abbott, CEO of Quepasa.
"Quepasa is a perfect fit in terms of the types of companies we like to
present to our members, specifically in light of its leading position in two
high growth markets: online Latinos and social networking. We believe that
with its impressive membership growth and new revenue platforms Quepasa will
generate significant interest among our membership," said Bill Jordan
President of LIIBG.
About LIIBG
The LIIBG was founded in 1996 by brokers to serve brokers and publicly traded
companies. We are the strongest investment banking group in the tri-state area
focusing on small cap/micro cap companies. Our monthly meeting is well
attended by licensed, active brokers comprising an average of two billion
dollars under management.
About Quepasa Corporation
Quepasa Corporation, headquartered in West Palm Beach, FL with offices in Los
Angeles, CA; Sao Paulo, Brazil; Scottsdale, AZ; Miami, FL; and Hermosillo, MX,
owns Quepasa.com (www.Quepasa.com), one of the world's largest, trilingual,
Latino social networks. Quepasa.com is an authentic Latino community that
provides fun, interactive, and easy to use social tools, and rich multimedia
content in English, Spanish and Portuguese to embrace Latinos everywhere, and
empower them to connect online, compete in contests and games and share their
interests, ideas, and activities.
Contact:
Mike Matte, Chief Financial Officer
Quepasa Corporation
(561) 491-4186
SOURCE Quepasa Corporation
Mike Matte, Chief Financial Officer of Quepasa Corporation, +1-561-491-4186
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