HEFFX Capital has invested $15 million in GAWK Inc, a Los Angeles-based provider of digital internet-related technology. According to the company, the capital infusion will be used to buy data centers in small to medium sized cities in the U.S.
LOS ANGELES, CA–(Marketwired – Apr 20, 2015) – GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle announced today that the Company has received a $15 million capital commitment from HEFFX Capital, a Singapore-based Fund, which it will use to purchase data centers in small to -medium cities across the U.S. This new capital infusion is in addition to an $11 million raise previously announced through Southridge Advisors II, LLC, an institutional investor.
Kettle said, “With $26 million available to us, we are moving forward with several Letters Of Interests’ in the Mid-West and on the East Coast. Our business plan calls for a national chain of GAWK data centers, some of which may be converted to one-stop shops for small business owners to buy services like VOIP, cloud computing, web creation & maintenance, and more. We plan on hiring local technological ‘whiz kids’ to advise and guide businesses, and thus build new tax bases for those cities.”
About GAWK, Inc.
Gawk Incorporated is a world innovator of digital Internet-related technology designed to meet the needs of modern consumers, businesses and enterprises globally. www.gawkinc.com
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. HEFFX specializes in asset management, mergers and acquisitions, strategic planning, capital raising and placement, merchant banking, and more. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading. Along with our managing partners we have a very large network of Introducing Brokers and employees worldwide. We have direct access to liquidity from the top global banks, which allows us to maintain our competitive edge by providing tighter spreads for our customers. Our software uses an aggregation unlike anything in the industry to optimize the process of using multiple pools of liquidity. Our clearing partners are regulated across the World to ensure client safety and security. We Monitor the regulatory reports and financial status of our partners constantly to ensure the highest levels of security.