Socialplay USA Inc (PK:SPLY)

Business Focus: Software

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Sector: Technology	Industry: Software

See Regulatory Filings on SEC

Company Contact

Address:	8275 S. Eastern Avenue, Suite 200 LAS VEGAS NV 89123
Tel:	N/A
Website:	www.socialplayusa.com
IR:	See website

Key People

Robert W. Rosner President, Chief Executive Officer, Chief Financial Officer, Director

Business Overview

SocialPlay USA, Inc., formerly Artesanias Corp., is a development-stage company. The Company focuses on developing a business that provides marketing, monetization and support services for the companies in gaming and mobile application markets. The Company has limited operations. The Company has developed SP Cloud Goods, which is a Virtual Goods, Virtual Product Placement Marketplace and Cloud hosting service. SP Cloud Goods allows developers to focus on the task of game design. SP Cloud Goods supports iPhone operating system (iOS) (Apple), Android, Facebook, Kongregate, and Steam purchasing. Game developers have access to a Web portal where they can add/remove virtual goods, manage players, manage store pricing, and view game and player statistics. SocialPlay can enter into the traditional role of a publisher through a branded Gamer Portal. The Company has not generated any revenue.

Financial Overview

For the fiscal year ended 31 December 2017, Socialplay USA Inc revenues was not reported. Net loss decreased 24% to $452K. Lower net loss reflects Gain on extinguishment of debt increase from $11K to $551K (income), Consulting fees - Investor relations decrease of 79% to $51K (expense), Licensing fees decrease of 47% to $120K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.05 to -$0.04.

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