While many may think that the social media industry is saturated, it is important to note that new and innovative platforms are still emerging. One of those is NewborhoodTalks.com from American Nortel Communications Inc (OTCMKTS:ARTM), which has managed to garner a fair degree of traction in recent times.
Trading Activity
Shares of ARTM soared 11.11% to close at $0.021 on Thursday. More than 223K shares were traded, compared to its average volume of 15K shares.
As it happens, American Nortel was in the news on Thursday after it provided updated user acquisition information and confirmed that within a few months of its launch, it had managed to clock as many as 100,000 users on its NewborhoodTalks.com platform. It was a major new announcement from the company and one that may bring the stock into considerable focus among investors as well.
The platform NewborhoodTalks.com has been designed by the company as a premium social media offering which not only offers an easy sign-up process but also provides a safe environment. It offers safe interactions between people from all over the world.
It has been noted that the considerable early success enjoyed by NewborhoodTalks.com is due to the fact that there is very little congestion on the platform and another factor is that the platform puts users at the forefront with regard to new trends.
The offering had initially been launched in India and is well-known for providing a range of connectivity features to its users. However, it is also necessary to note that American Nortel is constantly working on new features and upgrades so as to provide a lot more value to users who join on a daily basis.
It offers some of the popular social media features like poke and trending lists among others. At this point in time, it is the fastest-growing social media platform in the world and it would be interesting to see how it grows when it inevitably moves into new markets.
