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diggQuepasa joins NASDAQ
Quepasa Corp. had its common stock listed on the NASDAQ Capital Market in October. Scottsdale-based Quepasa (OTCBB: QPSA)
Quepasa Corp. had its common stock listed on the NASDAQ Capital Market in October. Scottsdale-based Quepasa (OTCBB: QPSA) will use QPSA as its trading symbol. Quepasa owns quepasa.com, a Hispanic Internet site used by Hispanics and Latinos in the U.S. and certain areas of Latin America. The company maintains sales offices in New York City and Miami, with technical operations based in Hermosillo, Mexico.
Quepasa also says it has received a a $10 million investment from Mexican and Americans Trading Together, a privately held company. For its $10 million and help in generating advertising revenue for Quepasa, MATT Biz received 1 million shares of Quepasa common stock and two 10-year warrants. The first warrant entitles MATT Biz to purchase 1 million shares at $12.50 each, and the second is for 1 million shares at $15 per share. MATT also will designate one person for appointment to the Quepasa board. For more info: www.quepasa.com.
