Singles projected growth over the next 3 years to more than 3,500 Singles Websites with millions of members, confirms Singles is on track to match such dating and social sites as Match.com, eHarmony.com, Chemistry.com and FaceBook.
The present growth and profitability of the online dating industry is exceptionally strong as the current valuations of social sites like Match.com, Chemistry.com eHarmony.com and FaceBook are each estimated at several Billion dollars. FaceBook alone was recently valued at 10 Billion dollars based on an investment of 200 Million dollars to purchase just a 2% ownership.
Contact our CEO directly here / singlesofUSA@cox.net
Singles
Singles Ownership:
Singles Global Dating Network is a privately held company with Headquarters in California, USA.
Singles
Singles Assets & Financial Status:
The Singles Global Dating Network of 360 Singles Websites is wholely owned by Singles. Singles Global holdings, including International and United States Members Data Bases, Singles Websites and Singles Designs, Logo and Trademarks are the exclusive property of Singles.
All U.S. and International copy rights, trademark and patents rights and designs are reserved.
Singles has no current debt.
Singles
Singles Partnership:
Singles will consider the inclusion of an additional partner or investor and has reserved 25% (25 million Corporate Shares) of the Singles total 100 million Corporate Shares.
Singles will grant the selected partner 25 million Corporate Shares in exchange for an investment of Five Hundred Thousand dollars.
Singles
Singles Application of Funds:
Singles will utilize invested capital as follows:
1. $ 85,000 = Expansion of IT and SEO Departments.
2. $ 10,000 = Conversion of All Singles Websites to Pay Sites.
3. $ 60,000 = Acquisition of an additional 3,000 Singles Websites.
4. $ 15,000 =Upgrade of Server Capability to 100 million membership capacity.
5. $ 35,000 = Design and implementation of live Video and Chat technology interface for members.
6. $ 155,000 = Television, Radio, Internet Advertising plus Branding and Promotion.
7. $ 75,000 = Expansion of Singles Headquarters and Support Staff.
8. $ 15,000 = Upgrading Singles Websites with native languages for each country.
9. $ 50,000 = Operating Cash Reserves.
..... $ 500,000 = Total of invested funds applied for the expansion of the Singles Global Network
* This capital investment is in addition to the significant re-invested monthly profits from the Singles Global Network which will be a major portion of the growth capital once Singles is converted to pay sites. Singles monthly profits will be invested in Singles the first 3 years to maximize the growth and value of the Singles Global Network for an IPO or sale in 3 years.