WKLI WikiLoan Inc

[chuck44l]

WKLI WikiLoan Inc. Here is a possible play for our scalpers in the crowd as im hearing some buzz on the stock Radar this one on Tuesday for a possible quick in and out However DON"T marry it as it is a hype play ONLY Take profits if and when avail and always cut small losses before they become big losses.

[chuck44l]

WKLI seems to be waking over the past couple of days Get this one back on radar but use caution as it left a gap yesterday morning between the .32 to .34 areas. Come on in the chat room and join other WKLI traders at the link below.

http://www.stockplaysonline.com/visichat/

[chuck44l]

View: Annual Data | Quarterly Data All numbers in thousands
Period Ending Jul 31, 2011 Apr 30, 2011 Jan 31, 2011 Oct 31, 2010
Total Revenue 0 0 634 0
Cost of Revenue - - 626 -

Gross Profit 0 0 9 0

Operating Expenses
Research Development - - 19 -
Selling General and Administrative 177 131 826 1,330
Non Recurring - - - -
Others - - - -

Total Operating Expenses - - - -


Operating Income or Loss (177) (131) (836) (1,330)

Income from Continuing Operations
Total Other Income/Expenses Net 26 523 (468) 104
Earnings Before Interest And Taxes (151) 391 (1,304) (1,226)
Interest Expense 67 30 50 87
Income Before Tax (217) 362 (1,355) (1,313)
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (217) 362 (1,355) (1,313)

Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (217) 362 (1,355) (1,313)
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares (217) 362 (1,355) (1,313)


Currency in USD.

[chuck44l]

News from Friday Nov 4

LOS ANGELES, Nov. 4, 2011 /PRNewswire/ -- WikiLoan, Inc (OTCBB:WKLI.ob - News), a peer-to-peer lending platform, announced today that the Company has shifted its strategy. After months of testing, the Company plans on shifting the model to a hybrid approach to Peer-to-Peer Lending. The Company has learned that the most valuable asset is the creation of a qualified pool of borrowers. This fact has led the Company to explore ways to dramatically cut the cost of credit reports and identity verification so the Company will be able to offer borrowers the ability to apply for loans for free. The Company is aggressively pursuing partnerships and reselling opportunities for lead generation and credit counseling.

"Over the coming months, we will continue to offer our Peer-to-Peer Lending Platform in its current form while concurrently working to establish a banking relationship and move to a licensed model to attract institutional lender participation. This change will allow the company to advertise to investors, charge loan closing fees, charge a percentage for a lender administration fee, and share in interest rate spreads with a bank," said Marco Garibaldi, WikiLoan CEO.

A summary of projections based on a successful capital raise of $2 million is below:


WikiLoan





Projected Annual Statement of Operations (3 Years)












Year 1
Year 2
Year 3


Growth Drivers:





# of new P2P loan applications
36,000
213,000
429,000


Approved/Completed loans
2,880
21,300
51,480








Revenue:





Loan Closing fees (1-5% fee on closed loans)
$1,204,304
$8,906,835
$21,526,943


Lender Administration fees
$311,964
$2,307,232
$5,576,353


Revenue from Spread (split 50% with partner bank)
$753,789
$5,574,897
$13,473,976


Auto loan origination fees
$180,000
$1,278,000
$3,003,000


Credit lead generation fees
$180,000
$1,278,000
$3,003,000


Interest earned on escrow account funds
$0
$43,644
$220,252


Total revenue:
$2,630,057
$19,388,608
$46,803,524








Expenses:





Total expenses:
$2,217,500
$4,056,225
$5,550,410








Net operating income (loss)
$412,557
$15,332,383
$41,253,114






About WikiLoan

WikiLoan is a Social Network with a focus on finance. At WikiLoan.com, family and friends can borrow and lend money among themselves at rates suitable to their respective needs. The company's website provides repayment schedules and documentation for loans, along with proprietary administrative tools, which enable users to securely pull credit reports and automate the loan repayment process.

This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which represent the company's expectations or beliefs concerning future events of the company's financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. These factors include the effect of competitive pricing, market acceptance of the company's products and the effects of government regulation. Results actually achieved may differ materially from expected results included in these statements.

Investors may contact:
Ben Hansel
(720) 288-8495
benh@ttfsco.com

[chuck44l]

Called early in the chat room and treating our members well Currently trading at .26 + 73% For more on WKLI join us in the penny stock chat room at
http://www.stockplaysonline.com/visichat/