SITO MOBILE, LTD. (NASDAQ:SITO) Files An 8-K Other Events
Item 8.01 Other Events.
On May 3, 2017, SITO Mobile, Ltd. (SITO Mobile or the
Company) held an earnings conference call, the date of
which was previously publicly disclosed on April 27, 2017, to
review its unaudited financial results for its first fiscal
quarter ended March 31, 2017 and to discuss other matters
relating to the Companys business and operations. The Companys
Interim Chief Executive Officer, Richard OConnell Jr., and
Interim Chief Financial Officer, Lawrence Firestone, participated
in the earnings conference call. During the earnings conference
call, Messrs. OConnell and Firestone took various questions from
investors attending the earnings conference call. A copy of the
transcript of the earnings conference call is filed as Exhibit
99.1 hereto and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit | Description | |
99.1 | Transcript of Earnings Conference Call held on May 3, 2017 |
Cautionary Note Regarding Forward-Looking
Statements
This Current Report on Form 8-K and the exhibit attached hereto
contains forward-looking statements within the meaning of the
safe harbor provisions of the U.S. Private Securities Litigation
Reform Act of 1995. Such forward-looking statements can generally
be identified by our use of forward-looking terminology such as
2017 expectations, guidance, may, plan, should, expect, intend,
anticipate, estimate, believe, seek, opportunities or other
similar words or terms. Because such statements include risks,
uncertainties and contingencies, actual results may differ
materially from the expectations, intentions, beliefs, plans or
predictions of the future expressed or implied by such
forward-looking statements. SITO Mobiles forward-looking
statements in this Current Report on Form 8-K and the exhibit
attached hereto include, but are not limited to, statements
regarding SITO Mobiles plans and initiatives, growth in our
customer base, campaign volume and average campaign dollars and
all statements regarding our expectations for revenue generation
in future quarters. Forward-looking statements are neither
historical facts nor assurances of future performance. Instead,
they are based only on our current beliefs, expectations and
assumptions regarding the future of our business, future plans
and strategies, projections, anticipated events and trends, the
economy and other future conditions. Because forward-looking
statements relate to the future, they are subject to inherent
uncertainties, risks and changes in circumstances that are
difficult to predict and many of which are outside of our
control. Our actual results and financial condition may differ
materially from those indicated in the forward-looking
statements. Therefore, you should not rely on any of these
forward-looking statements. Important factors that could cause
our actual results and financial condition to differ materially
from those indicated in the forward-looking statements include,
among others, sales growth, our reliance on brand owners and
wireless carriers, the possible need for additional capital, the
risks, disruption, costs and uncertainty caused by or related to
the actions of activist stockholders, including that if
individuals are elected to our Board with a specific agenda, it
may adversely affect our ability to effectively implement our
business strategy and create value for our stockholders and
perceived uncertainties as to our future direction as a result of
potential changes to the composition of our Board may lead to the
perception of a change in the direction of our business,
instability or a lack of continuity which may be exploited by our
competitors, cause concern to our current or potential customers,
and may result in the loss of potential business opportunities
and make it more difficult to attract and retain qualified
personnel and business partners; as well as other risks
identified in our filings with the SEC. Any forward-looking
statement made by us in this Current Report on Form 8-K and the
exhibit attached hereto is based only on information currently
available to us and speaks only as of the date on which it is
made. We undertake no obligation to publicly update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
Important Additional Information And Where To Find
It
SITO Mobile, its directors and certain of its executive officers
are deemed to be participants in a solicitation of consent
revocations from SITO Mobiles stockholders in connection with a
pending consent solicitation by a stockholder seeking consents
(the Consent Solicitation). On May 2, 2017, SITO Mobile
filed a definitive consent revocation statement (the Consent
Revocation Solicitation Statement) and accompanying
WHITE consent revocation card with the
U.S. Securities and Exchange Commission (SEC) in
connection with the Consent Solicitation. Information regarding
the identity of participants, and their direct or indirect
interests, by security holdings or otherwise, is set forth in the
Consent Revocation Solicitation Statement, including the
schedules and appendices thereto. INVESTORS AND STOCKHOLDERS ARE
STRONGLY ENCOURAGED TO READ ANY SUCH CONSENT REVOCATION
SOLICITATION STATEMENT AND THE ACCOMPANYING
WHITECONSENT REVOCATION CARD AND OTHER
DOCUMENTS FILED BY SITO MOBILE WITH THE SEC CAREFULLY AND IN
THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN
IMPORTANT INFORMATION. Stockholders can obtain the Consent
Revocation Solicitation Statement, any amendments or supplements
to the Consent Revocation Solicitation Statement, the
accompanyingWHITEconsent revocation card,
and other documents filed by SITO Mobile with the SEC for no
charge at the SECs website at www.sec.gov. Copies will also be
available at no charge at the Investor Relations section of SITO
Mobiles corporate website at www.sitomobile.com, by writing to
SITO Mobiles Corporate Secretary at SITO Mobile, Ltd., The
Newport Corporate Center, 100 Town Square Place, Suite 204,
Jersey City, NJ 07301, or by calling SITO Mobile at (201)
275-0555.
About SITO MOBILE, LTD. (NASDAQ:SITO)
SITO Mobile, Ltd. operates a mobile location-based advertising platform serving businesses, advertisers and brands. The Company’s offerings include SITO Location-Based Advertising and SITO Mobile Messaging. SITO Location-Based Advertising delivers display advertisements and videos on behalf of advertisers, including various features, such as Geo-fencing, Verified walk-in, Behavioral Targeting, and Analytics and Optimization. Geo-fencing targets customers within a certain radius of location and uses technology to push coupons, advertisements and promotions to mobile applications. Verified Walk-in tracks foot-traffic to locations and which advertisements drive action. Behavioral Targeting tracks past behaviors over 30 to 90 day increments allowing for real-time campaign management. Analytics and Optimization is a culling and building measurement system. SITO Mobile Messaging is a platform for building and controlling programs, including messaging and customer incentive programs. SITO MOBILE, LTD. (NASDAQ:SITO) Recent Trading Information
SITO MOBILE, LTD. (NASDAQ:SITO) closed its last trading session up +0.16 at 2.93 with 143,986 shares trading hands.