Good day and welcome to the Snap Interactive Incorporated 2016 Annual Results Conference Call. 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 fourth quarter and full year 2016 earnings and business update call. Again, my name is Michael Pritchard, and I am with Haynes and Boone outside counsel to Snap. Hosting the call today are Alex Harrington, Chief Executive Officer and Judy Krandel, Chief Financial Officer. Before I turn the call over to management, I would like to remind everyone that 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 AVM. Software Inc. also known by its doing business as named 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 certain other metrics, excluding non-recurring expenses related to the company’s merger with AVM. These metrics have been calculated consistent with the manner in which they're defined in Snap’s periodic reports filed with the Securities and Exchange Commission and have each been reconciled to the nearest applicable GAAP measure in this presentation and in Snap’s earnings release, which is also 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. Alex, the call is yours.

Thank you, Michael and thank you all for joining us on today's call. I encourage you all to access the Q4 2016 earnings call presentation, available on www.snap-interactive.com. It's on in addition to the place where Michael mentioned, it’s also on the home page, if you scroll down on the left-hand side. For those of you with the deck in front of you, please advance to Slide 5 for our strategic overview. 2016 was a transformative year for Snap and we entered 2017 poised to leverage our established presence, proven technology and growing customer base in the live video space, which is one of hottest growth segment of the consumer internet. As most you know, we completed the merger with Paltalk in October, which added strategically valuable video assets and technology to our company and significantly increased our business scale and management [depth]. As we progressed through this presentation, there will be some recurring themes that I want to highlight for you now. First off, we believe live video technology is creating an explosive growth opportunity as new consumer behaviors are disrupting the present social networking and messaging spaces and new businesses will emerge hovered by live video. Secondly, largely as the result of the recent merger, we believe we have the key component to capitalize on this trend of proprietary live video technology platform, a global footprint and significant user scale. We think these valuable assets give us competitive advantage to build solutions that are responsive to rapid evolution in the market, but can also built scale by M&A as we earn an experienced acquirer that can become a consolidator in a fragmented industry. More on all these points later. As a result of the merger, we diversified our product array from two products at premerger Snap to now…

Thank you, Alex and thanks to everyone today for joining us on the call. Before I begin, I would like to remind everyone that on October 07, 2016, we completed our previously announced merger with AVM Software. The merger has been accounted for as a reverse merger under the acquisition method of accounting for business combinations with AVM being treated as the accounting acquirer of Snap. Accordingly, the financial results I will discuss, reflect the operations at AVM for the period of January 01 through October 07, 2016, and the operation of the post-merger company for the period of October 08 through December 31, 2016. These results for the fiscal year ended 2016 are compared to the financial results for pre-merger AVM for fiscal year 2015. Turning to Slide 19, I would like to touch upon our financial highlights. We are excited to report that we have resumed revenue growth to Snap in 2016. Not only is our topline growing, but we had approximately $1 million of adjusted EBITDA after adding back one-time merger-related expenses. We have a solid debt free balance sheet with cash bank balances increasing in the first quarter of 2017. We undertook critical steps towards the goal of listing on a national securities exchange, but that I'll discuss a little later and finally of course we're continuing focusing on merger integration and cost reduction. Turning to Slide 20, I would like to begin reviewing Snap's financial performance in the fourth quarter and the full year 2016. Total revenues for this fourth quarter of 2016 were $7 million, up 51.5% from the same period last year. The increase in revenues from the prior year were predominantly due to pre-merger Snap, which contributed as of the merger date of October 07, 2016. AVM revenues in the fourth quarter…

Thanks Judy. In closing and before we open the call for questions, I would just like to reinforce our excitement for the upcoming year 2017. The merger has been transformative for the company, not only in terms of improving our financial position and scale, but also enhancing the strategic growth opportunities available to the company. Live video is an exciting growth market and we believe our existing products and the underlying technology give us a leg up in pursuing the opportunities I've outlined in this presentation. Whether through organic growth or one or more strategic acquisitions, we believe the company is well-positioned for success in 2017 and beyond. With that, I'd like to open the call up for question.

[Operator instructions] And there appear to be no questions at this time. Mr. Pritchard, actually corrections Mr. Harrington. I'll turn the conference back over to you I apologize.

No problem. Thanks, everyone for listening today. We look forward to speaking again later this year with each quarterly update. If you have any further questions, don't hesitate to email our Investor Relations at ir@snap-interactive.com. Thanks again.

And that does conclude today's presentation. Ladies and gentlemen, thank you for your participation. You may now disconnect.