LoSo made impressive progress in 2011. New app launch expected in January. Initial market in Westchester PA has about 15% of the bars/resaurants as paying customers and over 4,000 users. Active loyalty rewards programs running with over 1,000 Q-rewards scanned since Oct. 15th.

As an Angel Investor in LOSO, I can only say that this company has a great product, great team and is executing above plan. They are changing the consumer relationship with restaurants and allow restaurants to engage and manage their social media interaction with consumers.