ADVFN PLC, along with its subsidiaries, is principally engaged in the development and provision of financial information via the Internet, and the development of an Internet dating site. It holds a 38% interest in ADVFN Japan, K.K., which is engaged in the operation of financial information Websites similar to that of ADVFN PLC in Japan and Korea. Its subsidiaries include Cupid Bay Limited and Fotothing Limited. On November 16, 2004, the Company acquired a 48.28% interest in ALL IPO PLC, which is engaged in the development and exploitation of online initial public offer (IPO) services. Fotothing Limited was dormant during the fiscal year ended June 30, 2005 (fiscal 2005), and commenced activity subsequent to fiscal 2005, with the subsidiary's purchase of a photo blogging site on July 4, 2005. On November 16, 2004, ADVFN PLC disposed of its 75% interest in Primary Platform Limited. In September 2006, the Company acquired InvestorsHub.com Inc and SI Holdings (Silicon Investor), LLC. |
