Core Viewpoint - Thumzup Media Corporation is actively enhancing shareholder value through a share repurchase program, demonstrating confidence in its growth strategy and business model [1][2][3]. Company Actions - The company repurchased 1 million in buybacks [1][2]. - The share repurchase program complies with Rule 10b-18 of the Exchange Act, allowing for ongoing repurchases based on market conditions and other considerations [3]. Growth Metrics - Thumzup has surpassed 700 advertisers on its platform, achieving a compound annual growth rate (CAGR) exceeding 200% [4]. - The company is evaluating potential acquisitions that could generate significant revenues and positive cash flows [4]. Product Offering - Thumzup's flagship product is a platform that democratizes the social media branding and marketing industry, allowing users to earn cash for posting about participating advertisers [5]. - The platform features a programmatic advertiser dashboard and a consumer-facing app, facilitating cash payments to users through digital payment systems [5].
Thumzup Media Corporation Initiates Share Buyback Program of Up to $1 Million as Authorized by Board