SeeThruEquity Issues Update on Multimedia Platforms Worldwide Highlighting New Acquisition

NEW YORK, NY / ACCESSWIRE / November 30, 2015 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has issued an update on Multimedia Platforms Worldwide Inc. (OTCQB: MMPW).

The report is available here: MMPW November 2015 Update. SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack’s. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.

“MMPW continues its commitment to bring the best content to the LGBT community and has a seasoned management team to execute on its business objectives. We see the company as offering a compelling high risk to high potential reward tradeoff in the media sector,” stated Ajay Tandon, CEO of SeeThruEquity. “In addition to the company’s fundamental potential, we continue to be impressed by the overall growth in the audience across all of its media properties on Facebook, web, Twitter, print, and email – which went from 529,817 in Q215 to 1,513,793 in Q315, an increase of 185% quarter to quarter. We are therefore reaffirming our price target of $3.19 per share.”

Additional highlights from the update are as follows:

New Acquisition Brings Larger Market
On Sep 10, 2015, Multimedia Platforms Inc. (MMPW), the only publicly-traded LGBT media company, announced the acquisition of New Frontiers Media Holdings, LLC. The purchase offers Multimedia Platforms an expansive reach within the three largest LGBT markets of New York, California and Florida, spanning five brands currently publishing 3 million print copies a year. The combined companies will create America’s largest LGBT media company and will give advertisers unprecedented access to a demographic representing $884 billion in buying power in the U.S. alone.

Re-launch of NEXT Magazine
On September 1, 2015, Multimedia Platforms, announced the re-launch of New York’s leading gay lifestyle weekly resource NEXT Magazine (“NEXT”), which began publishing in 1993 and today has over 50,000 weekly print readers, 120,000 monthly online unique visitors, 14,000 Twitter followers and 75,000 fans on Facebook.

Create Global Digital Media Hub for LGBT Community
Multimedia Platforms continues to build WiRLD.com, an entertainment and social media network to be launched during early 2016. WiRLD.com is a global digital media hub, offering original and aggregated content such as news, lifestyle and entertainment stories, social blogs and premium video, all curated specifically for the LGBT community, down to the individual user. The print brands are critical because, collectively, they represent 7 million sets of eyeballs – a ready-made audience for WiRLD.com.

Please review important disclosures on SeeThruEquity’s website at www.seethruequity.com.

About Multimedia Platforms, Inc.:

Multimedia Platform (OTCQB: MMPW) is the first publicly traded media company that focuses on the LGBT market. Multimedia Platform’s main products include Guy Magazine, FunMaps, Gayosphere.com, Next Magazine and the soon-to-be launched WiRLD.com. The company plans to launch WiRLD.com in 4Q 2015, which will allow users to post videos and photos, update status and market their businesses online. The company is headquartered in Fort Lauderdale, Florida.

For more information on the company, please visit www.mmpworldwideinc.com.

About SeeThruEquity:

SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. The research is not paid for and is unbiased. The company does not conduct any investment banking or commission based business. SeeThruEquity is approved to contribute its research to Thomson One Analytics (First Call), Capital IQ, FactSet, Zacks, and distribute its research to its database of opt-in investors. The company also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.

For more information visit www.seethruequity.com.

Contact:

Ajay Tandon
SeeThruEquity
info@seethruequity.com

SOURCE: SeeThruEquity

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