:::: PSYCHIC ::::FRIENDS ::::NETWORK

Datum Erster Hoch Tief Schluss     Stücke Volumen
21.03.13 0,018 0,018 0,017  0,018 $ 97.000 962  

Bucheinsicht ..die ersten sind schon am Werkeln

Zeit  Kurs  Stück  
20:43:56 0,025 $  10.000  
19:34:12 0,025 $  1.000  
19:18:43 0,03 $  31.329  
19:18:00 0,03 $  43.671  
17:15:43 0,0185 $  5.000  
17:13:27 0,035 $  100  
16:05:21 0,035 $  100  
16:01:17 0,035 $  1.000  
15:58:02 0,035 $  2.000  
15:54:10 0,035 $  121  
15:52:41 0,035 $  100  
15:51:11 0,034 $  100  
15:48:42 0,035 $  100  
15:45:57 0,035 $  150  
15:40:56 0,03 $  100  
15:34:40 0,035 $  10.000  

Berlin ...#1 starkes Geschoss bis jetzt ,buran  

Amiland 05-04-13

Datum Erster Hoch Tief Schluss     Stücke Volumen
05.04.13 0,0195 0,0195 0,015  0,019 $ 246.350 3.953

.......top ,GrB  

somit ne Menge Platz ..Bucheinsicht 15-04-13 dazu:

Datum Erster Hoch Tief Schluss     Stücke Volumen
15.04.13 0,0145 0,017 0,0145  0,017 $ 6.550 110

GrB  

Zeit  Kurs  Stück  
19:34:56 0,022 $  10.000  
18:58:47 0,033 $  6.100  
18:52:18 0,033 $  3.000  
18:29:39 0,033 $  60.200  
18:29:33 0,024 $  14.800  
18:29:31 0,02 $  45.000  
18:29:27 0,019 $  9.000  
18:29:26 0,0175 $  9.000  
18:29:23 0,017 $  12.000  
17:59:47 0,016 $  50.000  
17:57:37 0,016 $  9.200

....TOP  

Zeit  Kurs  Stück  
21:59:18 0,0299 $  10.000  
19:41:23 0,02 $  1.000
_____________________

..ich will zehn nackte Frisösinnen mit richtig feuchten Haaren  

0,0299 $ +6,79% +0,0019 $ , 31.05.13 , GrB

..mach einer Frau ab und an ein Komliment ..Frauen mögen dies

buran  

"p" vergessen ..wobei Kompitent die Steigerungsform von Kompliment ist ..genau wie Pumpel zu Kumpel

Datum Erster Hoch Tief Schluss     Stücke Volumen
31.05.13 0,02 0,0299 0,02  0,0299 $ 11.000 319

..nun leg Dich hin mein hübsches Kind..nach Paarung steht mir nun der Sinn  

Datum Erster Hoch Tief Schluss     Stücke Volumen
03.06.13 0,021 0,032 0,018  0,02 $ 66.250 1.382
GrB  

Aktienanzahl 83,7 Mio. (Stand: 28.12.12)
Marktkap. 0,920 Mio. €
________________________________

Angaben klingen etwas kurz gehalten ..aber im Groben ist es das was zählt ..die Zahl der Aktien ..schliesslich unser vereinbartes Geld

buran und MfG  

Amisatz 13-06

Datum Erster Hoch Tief Schluss     Stücke Volumen
13.06.13 0,0118 0,014 0,0101  0,014 $ 227.000 2.538

GrB  

Datum Erster Hoch Tief Schluss     Stücke Volumen
20.06.13 0,015 0,023 0,015  0,023 $ 62.000 1.394
GrB  

Datum Erster Hoch Tief Schluss     Stücke Volumen
01.07.13 -   -   -     0,023 $ 5.000 115
GrB  

Satz 10-07

Datum Erster Hoch Tief Schluss     Stücke Volumen
10.07.13 0,011 0,011 0,011  0,011 $ 200 2

GrB  

die Kurse machen ja die Carts denn an den Tafeln ja ..nur wer fleissig mit Bedacht und Bedarf des Verstands kauft ein im heimischen Depot ..kann sehen dann die vor Lachen grünen rollenden Ticker ..und nicht in Depot-Rot

Zeit  Kurs  Stück  
18:15:57 0,0129 $  20.000  
18:11:11 0,01 $  20.700  
17:35:23 0,013 $  1.000  
17:25:31 0,011 $  10.000  
16:27:23 0,011 $  85.000  
15:30:13 0,011 $  10.000

buran und danke und weitermachen  

und grüner SK im 04er Ami Satz

Datum Erster Hoch Tief Schluss     Stücke Volumen
04.09.13 0,0087 0,012 0,0087  0,012 $ 1.250 14

GrB  

0,0117 $ +25,81% +0,0024 $ In Euro: 0,0088 € | Nasdaq OTC BB

offener Berlin PSYCHIC FRIENDS NETWORK Preis RT::0,01 € / DAXomat 8.479 JOLLYS

buran und MfG  

for PSYCHIC FRIENDS NETWORK INC.


--------------------------------------------------

16-Aug-2013

Quarterly Report



ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION
This report contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including, but not limited to, any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objections of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements or belief; and any statements of assumptions underlying any of the foregoing. Forward-looking statements may include the words "may," "could," "estimate," "intend," "continue," "believe," "expect" or "anticipate" or other similar words. These forward-looking statements present our estimates and assumptions only as of the date of this report. Except for ongoing securities laws, we do not intend, and undertake no obligation, to update any forward-looking statement. Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any or our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The factors impacting these risks and uncertainties include, but are not limited to; increased competitive pressures from existing competitors and new entrants; our ability to efficiently and effectively finance our operations; deterioration in general or regional economic conditions; adverse state or federal legislation or regulation that increases the costs of compliance; ability to achieve future sales levels or other operating results; the fact that our accounting policies and methods are fundamental to how we report our financial condition and results of operations, and they may require management to make estimates about matters that are inherently uncertain; the psychic services market; our ability to develop a fully-functioning web portal; changes in U.S. GAAP or in the legal, regulatory and legislative environments in the markets in which we operate; inability to efficiently manage our operations; the inability of management to effectively implement our strategies and business plans; and the other risks and uncertainties detailed in this report.

Throughout this report references to "we", "our", "us", "PFN", "the Company", and similar terms refer to Psychic Friends Network, Inc.

OVERVIEW

CORPORATE HISTORY AND BACKGROUND

We were incorporated on May 9, 2007 under the laws of the state of Nevada. Our registered offices are located at 2360 Corporate Circle, Suite 400, Henderson, NV, 89074-7722 and our sales, customer service and administrative offices are located at 5209 Wilshire Blvd., Los Angeles, CA 90036. Our website is www.psychicfriendsnetwork.com.

Our original business was providing web services and products that enabled small and medium-sized businesses to establish, maintain, promote and optimize their Internet presence. We were not able to secure sufficient revenue or financing to continue our original business and this business has been discontinued.

On January 27, 2012 we changed our business to that providing psychic consultation services under the trade name "The Psychic Friends Network".

ACQUISITION OF PSYCHIC FRIENDS NETWORK

On January 27, 2012, we entered into an agreement to acquire certain assets related to providing psychic consultation services under the trade name "The Psychic Friends Network". On March 30, 2012 we closed such asset purchase with PFN Holdings, Inc. pursuant to which we acquired a number of assets related to providing psychic consultation services under the trade name "The Psychic Friends Network".

BUSINESS

OUR SERVICES AND PLAN OF OPERATION

We are an entertainment company that plans to provide live psychic advice via telephone and the internet, as well as daily and weekly horoscopes. We plan to generate revenue via "per minute'" or "on demand" phone charges as well as web-based fees. In addition, we are in the process of adding several new channels to generate revenue, including mobile applications, and internet audio, video and text chat. Our business is reliant on a large volume of small customers and, therefore, we are not dependent on any one group of customers.

Our management operated a phone service during the 1990's under the brand "The Psychic Friends Network". At the peak of its popularity in the 1990's, The Psychic Friends Network averaged 14,000 calls per day, and the average customer spent approximately $350-$400 over a 12-month period. Unfortunately, due to certain legislative and regulatory changes which allowed customers to retain their phone service while not paying for 900 number charges, the company was forced to file for bankruptcy reorganization protection in 1998. By 1999, our officers Mike and Marc Lasky had repurchased all of the material intellectual property assets from the bankruptcy trustee. These assets were subsequently transferred to PFN Holdings.

Since we acquired the PFN Holdings' assets, we are in the process of finishing the development of a new updated commercial ready website as the platform for our services. In the meantime, we are and will continue to explore the latest web developments and technology and we may consider a hosted website solution as a test platform for our services so that we can test marketing and business continuity options. As a web development company, we will continue to explore the latest in web technologies and will consider the platforms that meet our customer demands. The main focus of our website is to capitalize on current technologies and social media as well as increasing the overall experience for our customers.

When we commercially launch our website, we anticipate that we will be able to provide customers with multiple connections to our psychic advisors, including toll free and click to call telephone services, audio, video and text chat internet services, and mobile phone applications and SMS services.

Currently, our website is not fully operational, yet it is capable of providing limited services in the area of connecting customers for one-on-one telephone calls with psychics. When fully operational, the one-on-one call service is the core business of The Psychic Friends Network. People can call from the comfort of their homes, offices, or wherever they choose, and they will be instantly connected to their favorite Master Psychic, for a confidential reading. Callers have the option to choose a psychic by category, such as, Tarot, Astrology, Love & Relationships, Money and Career, Dreams or even Past Lives. They may also choose to speak to the next available psychic or to speak to the same psychic each time they call, which allows them to establish an ongoing relationship, simply by calling that psychic's extension. Callers can choose to pay by credit card, debit card, pay by check, or by using pre-paid Gift Cards. The prices that we charge are flexible, so that we are able to test multiple pricing points to see what will optimize profits. We plan to offer first time caller promotional rates. The key is to get new callers in the door. Historically, we found that over 65% of our callers end up calling back. We believe this is primarily due to

the stringent selection process we have for choosing the psychics we engage for our service.

With the advent of new technologies, like Mobile applications, VOIP, and social media tools, we will be able to offer psychics from all over the world, and accept international calls from customers. We believe that these technological improvements will allow us to capture a large audience. As part of the website we are developing, we will be including a number of services which we were not previously able to offer. These are currently under development and include:

* ONE-ON-ONE WEB-BASED READINGS: A new feature that we plan to offer is the ability for customers to connect to their psychic through our new "Skype" like feature. This means that the customer can log into their account and in real time check the bios, specialty categories and availability of all of our psychics. Once they find their account and then choose their available psychic, they will be able to instantly chat with that psychic. We plan on integrating the ability to text chat, audio only chat and video chat. The video chat feature will allow customers to see the psychics and see the psychic's action, such as Tarot cards being flipped for the reading. In addition to the improvement in the customer service experience, this service will also allow us to increase the efficiency of our scheduling. If the psychic is unavailable, a customer can actually log in to their account and schedule a reading in the near future. This is advantageous to the customer as well as the psychic, who does not have to sit by their computer and phone, hoping for calls to come in. Like our phone-based readings, customers will have the option to pay by credit card, debit card, personal check, or by using pre-paid gift cards. They can choose to pre-pay for minute packages as well as get discounted monthly subscription rates. The purchases can be made online or by calling in over the phone.

* MOBILE APPLICATIONS: Thanks to the advances in mobile technology, we plan to offer several ways for our customers to get our Psychic branded content through mobile phones in ways which we were not able to take advantage of previously. This includes PSMS, Bill to mobile, and Mobile Applications for the iPhone, Blackberrry and Android based phones.

* PSMS or Premium SMS, allows the caller to send a text message with our branded keywords, to our short code. Through this type of service, we will be able to offer a daily horoscope sent to our customers' mobile phones. The billing for this service will show up as a monthly item on their mobile phone invoice. We also plan to offer live psychic advice through mobile devices that allow users to send a text to one of our live psychics and receive an immediate reply. We anticipate that we will be charging $0.99 per message received, also billed directly through the customer's mobile phone invoice.

* We anticipate that mobile applications will become a major part of our psychic content offerings. We have begun developing various mobile applications that our customers will be able to download directly from the application stores on their mobile phones. We plan to offer live psychic readings, as well a Astrological content. The applications will be free to download, but after a short free trial, the content will be paid.

During the 1990's and early 2000's, our management operated Psychic Friends Network, a company involved in connecting customers for one on one telephone calls with psychics under the same trademark: "The Psychic Friends Network". This company only had market presence in the U.S and Canada; made up primarily of women, 25-60 years old, and skewed towards African Americans. We believe that the our target market is much larger today, due in part to new technologies like the Internet, mobile phones and social media. We believe that our new offerings will expand our market to individuals from 18-65, of all races. This market will likely still be predominated by women, but we believe that more men will be interested in our Internet and social media offerings than they would be in one on one phone interaction. We believe that the market for psychic services is substantial. An example of the size of the potential market, and also a

potential advertising venue for our services, is a syndicated radio show called Coast to Coast. The show attracts an estimated 4.5 million listeners every night, making it the most listened to late night show in North America.

In addition, we can now access customers in international jurisdictions because of the new technologies that allow anyone to connect directly to one of our psychics at the push of a button in real time. Additionally, many of the new markets which will have access to our services, such as China and India, already have strong traditions or connections to psychic phenomenon.

During the peak of The Psychic Friends Network, the company was averaging 14,000 calls per day, and 90% of the callers were generated through TV advertising. Currently, there are virtually no psychic phone services being advertised on television. The few competitors that we have are almost exclusively adverting on the Internet. This provides us an opportunity to take advantage of a vastly underserved market.

We plan to advertise and market our services via the following avenues:

INFOMERCIALS and Commercials - we anticipate that paid advertisements on television and radio will be used to provide information about our services and direct traffic to our various mediums.

WEB-BASED ANALYTICS - we plan to use advertisements, social media and search engine optimization to help inform our target audience as well as make us stand out from our peers.

WORD OF MOUTH - from historical experience, we believe that our clients will tend to be repeat customers and friends of past customers. Word of mouth and positive client experiences are a very important source of marketing and based on providing a high level of service. With the strength of our brand name both psychics and customers are very excited about the re-launch.

COMMUNITY - PFN is working on creating a community with the latest technology, which includes all forms of Social Media. When finished, this community will be a place for not only for psychics to "hang out", but also psychic, tarot and astrology enthusiasts. Our psychics will be able to write blogs, and interact with each other and our clients. They can also post events and even sell products. We see this as the future of the industry.

RESULTS OF OPERATIONS

The following discussion of the financial condition and results of operations should be read in conjunction with the unaudited interim financial statements included herewith. This discussion should not be construed to imply that the results discussed herein will necessarily continue into the future, or that any conclusion reached herein will necessarily be indicative of actual operating results in the future.

FOR THE THREE AND NINE MONTHS ENDED JUNE 30, 2013 AND 2012:

REVENUE

We generated $0 and $987 in revenue during the three and nine months ended June 30, 2013 compared to no revenue during the same periods in the prior year. The recent limited revenue was due to some initial psychic service calls we handled while our website was in a testing phase prior to full commercial launch.

OPERATING EXPENSES

During the three and nine months ended June 30, 2013, total operating expenses for the Company were $105,059 and $374,956 compared to $168,043 and $207,697 during the same periods in the prior year. The three month decrease in expenses was due to the expense incurred in that quarter of 2012 for the reverse merger of PFN. The nine month increase in expense was due to the commencement of business operations and related payroll, as well as website development and increased professional fee costs incurred as an operating public company versus a shell public company.

NET LOSS

Our net loss for the three and nine months ended June 30, 2013 was $105,059 and $374,956 compared to $168,043 and $27,697 during the same periods in the prior year. As we have incurred no substantial revenues, the net loss figures follow our operating expenses.

FROM INCEPTION (MAY 9, 2007) TO JUNE 30, 2013:

REVENUE

We generated limited revenues in the amount of $2,421 during the period from May 9, 2007 (inception) to June 30, 2013. Of these, $987 were revenues were generated in our operations as Psychic Friends Network.

OPERATING EXPENSES

Total operating expenses for the period from May 9, 2007 (inception) through June 30, 2013 were $828,840.

NET LOSS

Our accumulative net loss for the period from May 9, 2007 (inception) to June 30, 2013 was $829,590.

LIQUIDITY AND CAPITAL RESOURCES

As of June 30, 2013, we have yet to generate any material revenues from our business operations as our website has yet to fully commercially launch.

As of June 30, 2013, we had $159,645 in cash and $220,909 in total assets, of which $61,264 was due to website development. Our total liabilities were $38,466.

OFF BALANCE SHEET ARRANGEMENTS

We do not have any off balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity or capital expenditures or capital resources that is material to an investor in our securities.

CRITICAL ACCOUNTING POLICIES

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities is dependent upon

future events, the preparation of financial statements involves the use of estimates, which have been made using judgment. Actual results may vary from these estimates.

The financial statements have, in management's opinion, been prepared within the framework of the significant accounting policies summarized below:

DEVELOPMENT STAGE COMPANY

The Company is considered to be in the development stage, as defined under Accounting Codification Standard, (ASC 915) "Development Stage Entities". Since its formation, the Company has not yet realized material revenues from its planned operations.

RECLASSIFICATIONS

The Company reclassified certain amounts in the Statement of Operations for the nine months ended June 30, 2012 financial statements to conform to the current presentation in the June 30, 2013 financial statements. The reclassifications have no effect on the Company's financial condition, results of operation, or cash flows.

CASH AND CASH EQUIVALENTS

The Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.

USE OF ESTIMATES

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The fair value of the Company's financial instruments, consisting of cash and accounts payable and accrued liabilities, is equal to fair value due to their short-term to maturity. Unless otherwise noted, it is management's opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments.

REVENUE RECOGNITION

The Company recognizes revenue on an accrual basis. The Company generally earns revenue through the online sale of service minutes. These purchases obligate the Company to arrange a telephonic conversation with a designated service provider of the customers choosing. The Company remits a portion of the fee to the service provider and retains the balance. At the time of sale, the formal arrangements are made and the Company has fulfilled its obligation. Furthermore, the Company's portions of any fees collected are non-refundable. Revenue is generally realized or realizable and earned when all of the following criteria are met: 1) persuasive evidence of an arrangement exists between the Company and our customer(s); 2) services have been rendered; 3) our price to our customer is fixed or determinable; and 4) collectability is reasonably assured. For the nine months ended June 30, 2013 and 2012, the Company recognized revenues of $987 and $-0- for which each of the four aforementioned criteria were satisfied.

PER SHARE DATA

In accordance with "ASC 260 - Earnings per Share", the basic loss per common share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding. Diluted loss per common share is computed similar to basic loss per common share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. At June 30, 2013 and September 30, 2012, the Company had no stock equivalents that were anti-dilutive and excluded in the loss per share computation.

STOCK-BASED COMPENSATION

The Company records stock based compensation in accordance with the guidance in ASC Topic 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. Accordingly, the Company recognized expenses of $39,798 and $0 during the nine months ended June 30, 2013 and 2012, respectively (see Note 4).

WEBSITE DEVELOPMENT COSTS

The Company capitalizes its costs to develop its website and when preliminary development efforts are successfully completed, management has authorized and committed project funding, and it is probable that the project will be completed and the website will be used as intended. Such costs are amortized on a straight-line basis over the estimated useful life of the related asset, which approximates three years. Costs incurred prior to meeting these criteria, together with costs incurred for training and maintenance, are expensed as incurred. Costs incurred for enhancements that are expected to result in additional material functionality are capitalized and expensed over the estimated useful life of the upgrades.

The Company capitalized website costs of $36,150 and $23,400 during the nine months ended June 30, 2013 and 2012, respectively. The Company's capitalized website amortization is included in depreciation and amortization in the Company's consolidated statements of operations, and totaled $16,133 and $975 for the nine months ended June, 2013 and 2012, respectively.

ADVERTISING COSTS

Advertising costs are to be expensed as incurred in accordance to Company policy; for the nine months ended June 30, 2013 and 2012, advertising expenses totaled $18,883 and $4,691, respectively.

RECENT ACCOUNTING PRONOUNCEMENTS

Management has evaluated all recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants, and the SEC did not, or are not believed by management to, have a material impact on the Company's present or future financial position, results of operations or cash flows.

http://biz.yahoo.com/e/130816/pfni10-q.html

 

:::::: 0,0147 $ +5,00% +0,0007 $ In Euro: 0,0109 € | Nasdaq OTC BB, 24.09.13 ,GrB  

::::::::::::::: 0,035 € +16,67% +0,005 € ,GrB
 

Datum Erster Hoch Tief Schluss     Stücke Volumen
  05.11.13     0,053    0,0598§0,053 0,0598 $ 67.100 3.316

GrB  

Zeit
                Kurs               Stück                    §
  18:10:28§0,0422 $
              80.000                    §
  18:10:20§0,046 $
              10.000                    §
  18:10:01§0,046 $
              10.000                    §
  18:09:50§0,0461 $
              14.200                    §
  18:08:39§0,0521 $
              10.000                    §
  16:59:37§0,0597 $
              50.000                    §
  16:59:27§0,0597 $
              50.000                    §
  16:39:56§0,0523 $
               3.500                    §
  16:14:56§0,0597 $
               2.000                    §
  15:47:49§0,0597 $
          18.800
§
Kosmonova buran  

Zeit
          §Kurs Stück
19:48:13 0,054 $
          §5.000
19:12:22 0,05 $
          §10.000
19:09:55 0,05 $
          §700
19:03:20 0,05 $
          §10.000
18:49:24 0,05 $
          §9.000
18:49:19 0,05 $
          §6.000
18:48:54 0,054 $
          §7.000
16:04:11 0,056 $
          §5.000
15:44:11 0,05 $
          §2.100
15:42:28 0,05 $
           3.000
§
Kosmonova buran ..::TOP  

Psychic Friends Network, Inc. Retains Small Cap IR, a Division of Small Cap Street, LLC for Investor Relations Services
17:00 26.11.13

PR Newswire

LOS ANGELES, Nov. 26, 2013

LOS ANGELES, Nov. 26, 2013 /PRNewswire/ -- The Psychic Friends Network, Inc. (OTCQB: PFNI), a marketing and entertainment company providing on-demand psychic advice for over two decades, and once dominated the TV airwaves, is announcing that SmallCapIR.com will be handling investor relations responsibilities, for its re-launch.

Small Cap IR will be responsible for handling all incoming investor inquiries, as well as press release and research report presentation. Additionally, Small Cap will handle PFNI's social media marketing, company direct mailers, and email distribution to Investor lists.

Marc Lasky, CEO, of Psychic Friends Network, commented: "We consider Small Cap IR, one of the top IR firms in the business today, and we welcome the partnership with them. With our strong social media platform, the new Psychic Friends Network is geared to capture a vast, lucrative market that did not even exist when the original PFN dominated the airwaves. And we believe its earnings and shareholder value will reflect that dramatically."

"The growth potential for PFNI is off the charts. With the previous success and the new platforms available to PFNI, investors should be very excited about the possibilities. We are looking forward to a long successful relationship with PFNI and providing the highest quality service to their shareholder and potential investors," stated, Paul Lipp, President Small Cap IR.

About Small Cap IR. Small Cap IR prides itself on building an effective program that can evolve rapidly to meet changing demands in the capital markets. In addition, they will aid their clients in increasing liquidity and achieving its ideal stock valuation. The overall goal is to act as both a capital facilitator and a long term investor relations partner so we can lay the groundwork for a long term relationship with our clients. Based on your current IR activity, future goals, selected program elements, and budget we can put together a plan that meets the needs of PFNI.

Small Cap IR has a mission to effectively and efficiently deliver online investor relations, research, and public relations services for the shareholders and potential investors of PFNI.

SmallCapIR.com Core Values include the following: Client Focus, Accountability, Transparency, Integrity and Respect.

For future updates on The Psychic Friends Network, Inc. subscribe here: http://bit.ly/PFNI-Updates

About The Psychic Friends Network, Inc.

The Psychic Friends Network, Inc. ("PFNI") is a marketing and entertainment company providing on-demand psychic advice as well as daily and weekly horoscopes. PFNI connects customers with professional live psychic readers via telephone (mobile and landline) and through their newly developed state-of-the-art online platform enabling interaction with video chat, voice or text chat. PFNI pioneered the psychic industry with memorable television/radio marketing and infomercials generating nearly $1 billion in revenues. Please visit our corporate website at http://www.PsychicFriendsNetwork.com/ir.

Disclosure Regarding Forward-Looking Statements This news release contains forward-looking statements, including statements containing the words "believes," "anticipates," "expects," "intends" and words of similar import. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Important factors that the Company believes might cause such differences include: (1) concentration of the Company's assets into one industry segment; (2) the nature of the Company's business (as defined herein); (3) the impact of changing economic conditions; and (4) the actions of competitors, including pricing and new product introductions.

SOURCE Small Cap IR

Quelle: PR Newswire