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The management team believes the market opportunity for WikiLoan is significant, relative to the ongoing financial crisis, bank consolidations and changing consumer behavior regarding online lending, borrowing and banking, as outlined below:
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Globally, the recent credit squeeze has led banks to increase interest rates, tighten their lending practices and institute ever tougher borrowing requirements, making it increasingly difficult for would-be borrowers, particularly those with credit challenges seeking small loan sizes of $25,000 and under, to gain access to capital via traditional lending institutions. |
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Current market conditions have created an opportunity for private lenders to step-in and fill the small loan lending "gap" increasingly vacated or made more difficult to access by traditional lending institutions. In response, individual lenders and borrowers are connecting directly with one another online, without the use of a financial institution or "middle man", for the purpose of exchanging capital through peer-to-peer lending. |
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Peer-to-peer lending is one of the fastest growing sectors of the financial services industry, a trend that is expected to continue for the foreseeable future.
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| Stock Information |
Latest News |
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| Stock Quote : |
WKLI: $0.250 |
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| Share Structure |
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| Authorized : |
70 Million |
| Issued : |
51,575,000 |
| Float : |
11,230,357 |
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January 27, 2010 |
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WikiLoan to Begin Marketing Push
DELRAY BEACH, Fla., Jan. 27 /PRNewswire-FirstCall/ -- WikiLoan, Inc. (OTC Bulletin Board: WKLI), a financial social network today announced that it will begin a much anticipated marketing effort.
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January 25, 2010 |
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WikiLoan Signs with Identity Verification Provider
DELRAY BEACH, Fla., Jan. 25 /PRNewswire-FirstCall/ -- WikiLoan, Inc. (OTC Bulletin Board: WKLI), a financial social network today announced that IDology, Inc., an innovative provider of identity and age verification solutions is providing its ExpectID identity verification suite to streamline the online account sign up process and fight fraud
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September 17, 2009 |
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WikiLoan Files Trademarks on New Features
WikiLoan Adds New Feature Called WikiScore
DELRAY BEACH, FL--(Marketwire - September 17, 2009) - WikiLoan, Inc. (OTCBB: WKLI), a financial social network www.wikiloan.com, has filed trademark applications on two new features, WikiScore and Wikinvite.
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September 10, 2009 |
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WikiLoan Adds Data Feed Icons; Company Website Set to Share
DELRAY BEACH, FL--(Marketwire - 09/10/09) - WikiLoan, Inc. (OTC.BB:WKLI - News), a financial social network, today announced that it embedded social media links to its website that enable users to easily share http://www.wikiloan.com with friends and family on their blog site or favorite social network.
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September 08, 2009 |
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WikiLoan Launches New Feature
Wikinvite Allows Users to Extend Email Invitations to Family and Friends
DELRAY BEACH, FL, Sep 08, 2009 (MARKETWIRE via COMTEX) -- WikiLoan, Inc. (OTCBB: WKLI), a financial social network, today launched a new initiative as part of "Meet the Borrowers" that empowers users to invite their family and friends to view their loan listings at http://www.wikiloan.com. The new feature called "Wikinvite" allows users to upload email addresses from their favorite provider and send an invitation to their family and friends to view and potentially lend to the person in need.
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September 08, 2008 |
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WikiLoan Names Mr. Marco Garibaldi As CEO
Miami, FL Sept 3,- WikiLoan, Inc. (OTC: SWPD) is pleased to announce the appointment of Marco Garibaldi as the Company′s Chief Executive Officer. Mr. Garibaldi started his career as a Technology Professional and possesses extensive operations and project management experience in a host of industries including Application Development, Internet, Entertainment and Business Advisory...
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