Michael Pritchard - IR Alex Harrington - CEO and Interim CFO

Good day, ladies and gentlemen and welcome to the Snap Interactive Incorporated Third Quarter 2016 Earnings Conference Call. Please note today's conference is being recorded. At this time, I’d like to turn the conference over to Mr. Michael Pritchard, Company Counsel from Haynes and Boone. Please go ahead, sir.

Thank you. Good afternoon and welcome to the Snap Interactive 2016 third quarter earnings and business update call. Again, my name is Michael Pritchard, and I am with Haynes and Boone outside counsel to Snap. Earlier today, we issued a presentation to accompany this call. The presentation can be accessed on the company’s website, snap-interactive.com, under the Quarterly Earnings tab of the Investor Relations section or by following the link on Snap’s homepage. I'd like to inform everyone in attendance that certain statements made during today’s conference call that are not statements of historical fact, including those concerning future plans, objectives, goals, strategies or performance, and those related to the company’s operations following the completion of its merger with A.V.M. Software doing business as Paltalk, are forward-looking statements. These statements reflect the good faith beliefs and judgments of the company and are based upon currently available information only as of the date of this conference call. These statements are subjects to risks, uncertainties and other factors that could cause actual results to differ materially from current expectations. These factors include those described in the Risks Factors section of the company's periodic reports that are filed with the Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance and the company expressly disclaims any obligation to update earlier statements as a result of new information, except as required by law. Certain non-GAAP measures may be discussed during today’s presentation, including adjusted EBITDA and total expenses, excluding non-recurring expenses related to the company’s merger with Paltalk. Adjusted EBITDA has been calculated consistent with the manner in which it is defined in Snap’s periodic reports filed with the Securities and Exchange Commission. The adjusted EBITDA and total expenses, excluding non-recurring merger related expenses, have each been reconciled for the nearest applicable GAAP measure in this presentation and in Snap’s earnings release, which is available under the Press Releases tab of the Investor Relations section of Snap’s website, snap-interactive.com. With that, I’ll turn the call over to Alex Harrington, SNAP’s Chief Executive Officer and Interim Chief Financial Officer.

Thanks, Michael and thank you all for joining us on today's call. I encourage you all to access the Q3 2016 earnings call presentation, available on www.snap-interactive.com. As Michael mentioned, it’s on the home page, if you scroll down the left hand side. So for today's agenda, first, we'll discuss some of the highlights of the merger and then move on to Snap’s operating result for the year-to-date. Right now, I’ll pause for a moment while all attendees get the deck in front of them and flip forward to page 5. Great. For those of you who have been following the company are aware that we announced a definitive agreement to merge with Paltalk on September 14 and close the deal on October 7. Because of the merger closing happened in Q4, the Q3 financials reported here and in the 10-Q still reflects Snap on a pre-merger basis. The disclosure of Paltalk historical financial statement and the pro forma financials for the combined company will be released in December in an 8-K. So, the financial reporting now only represents a portion of the combined company and full information is still several weeks away. However, before we get to the financials, I would like to present an overview of the merger and the highlights of the combined company. Moving on to slide 6, we’ll review some aspects of the corporate and cap payable impacts of the merger. The merger could be described technically as a reverse acquisition because Snap was the smaller of the two companies on an enterprise value basis. Though Snap acquired Paltalk, Paltalk’s shareholders own the majority of the combined company that resulted from the merger. The merger was accompanied by important events that, one, cleaned up the cap payable such as the exchange of warrants for common…

[Operator Instructions] And gentlemen at this time, we have no questions in the queue. I'll turn the conference back over to you for any additional or closing remarks. : :

Well thank you all for joining this afternoon, I’m appreciative of your interest in Snap Interactive, we will continue to keep you posted on our progress in future quarters and as events unfold. Thanks again for joining.

Thank you, and again that doesn't conclude our conference for today. We thank you for your participation.