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ASCC Aristocrat Group Corporation (PK)

0.0007
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Aristocrat Group Corporation (PK) USOTC:ASCC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0007 0.008 0.019 10 21:01:35

ASCC Investigates New Revenue Model for Social Coupons

20/08/2012 10:00am

Business Wire


Aristocrat (PK) (USOTC:ASCC)
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The Aristocrat Group Corp. (OTCBB: ASCC) announced today that the company is exploring a new revenue model that could revolutionize the online social coupon industry.

TheFancy.com is a new social site similar to Pinterest that lets users flag up things they like online, like a photo blog for commercial products. The service also lets users purchase what they find online, delivering built-in support for e-commerce. TheFancy.com then collects 10 percent of each transaction's value.

“This is a new social model for e-commerce that we believe could change the way people shop online,” said ASCC CEO Cindy Morrissey. “By allowing consumers to pin and share coupons, we can potentially incentivize social couponing in a way that’s never been tried before.”

The company’s research indicates that women control a majority of household spending, and ASCC is committed to capitalizing on what Morrissey calls a growing opportunity in providing online coupons for goods and services related to health, parenting and even dating.

Social couponing sites have enjoyed tremendous growth in recent years, highlighted by Groupon’s (NASDAQ: GRPN) blockbuster IPO. ASCC is dedicated to delivering powerful new social tools for women in a growing industry alongside companies such as Gaiam, Inc. (GAIA), LinkedIn Corp. (LNKD) and Pandora Media Inc. (P).

For more information on ASCC’s motherhood services initiative, please visit http://www.aristocratgroupcorp.com/old/investor.html.

Follow ASCC on Twitter at http://www.twitter.com/AristocratGroup.

About the Aristocrat Group

The Aristocrat Group Corp. (www.aristocratgroupcorp.com) is a women’s lifestyle company that aims to make the transition into parenthood smoother and more rewarding than ever before. Our smart growth initiatives will position us as the premier resource for prenatal and postpartum resources. For more information on our business plan, please visit http://www.aristocratgroupcorp.com/old/investor.html.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

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