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home / news releases / PALT - Paltalk's Social Media Surge And NFT Pivot

PALT - Paltalk's Social Media Surge And NFT Pivot

Paltalk Inc.
  • Paltalk.com concurrent user comps up 20-25% since launch of Facebook-like Paltalk Feed in early November.
  • PALT FY virtual collectibles sales tracking towards $6m as CryptoPunks, Bored Apes, Axie Infinity and others expand NFT market.
  • Insiders own +/- 50% & bought more last week.
  • PALT pivot of virtual gifts to NFTs could drive big revenue/profit gains.
  • PALT cash @ $21.5m w/ no debt & market cap @ $32.7m. Float 4.8m on 9.7m shares outstanding, short interest 10% of float.

For further details see:

Paltalk's Social Media Surge And NFT Pivot
Stock Information
Company Name: Paltalk Inc.
Stock Symbol: PALT
Market: OTC
Website: paltalk.com
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