Comments on: BOOMj.com Acquired By Time Lending California

By: Complete List of 2007 Web / Technology Acquisitions » The StartUp Blog at PartnerUp

Wed, 21 May 2008 15:37:30 +0000

[...] An online social network for the aging population and baby-boomers. Press Release | TechCrunch [...]

By: VOIS: An OTC Listed Social Network | Sharecountry

VOIS: An OTC Listed Social Network | Sharecountry — Tue, 13 Nov 2007 11:01:53 +0000

[...] The OTC listing looks and feels like a Web 1.0 play it’s because it is. VOIS Inc., was previously MedStrong International, and changed its name to VOIS Inc in March after acquiring (or merging) with VOIS Networks in February. Back-door listings might be on the way back; this is the second social networking site listed this way we’ve reported on recently, with BOOMj having taken the same path in late October. [...]

By: james

james — Thu, 25 Oct 2007 19:52:12 +0000

You guys are crazy. I be that the mortage company merged with Boomj because they saw the potential for growth in the field. Eons is there biggest competitor and they are truly for old people. Boomj is for people in their 30’s and above. Have you guys been to the site, its nothing like you would expect. Its basically a portal with a ton of content that is targeted at people just above the facebook ages. Also, I checked out TBD and that thing really is for old people. Gross.

By: Amy Wilsch

Amy Wilsch — Thu, 25 Oct 2007 05:52:01 +0000

Maybe they’ll change the focus of the social networking site, b/c that is truly odd. Or maybe shift to real estate for managed home care - that market is going to explode in the next 10-20 years. My grandmother has been on a waiting list for one for almost 4 years now.

By: Jon

Jon — Thu, 25 Oct 2007 01:13:50 +0000

Weird bedfellows but sometimes relationships aren’t based on looks… there must be something else going on as this isn’t likely to be a trivial amount of money being thrown around.

Jon

By: Joshua Beil

Joshua Beil — Wed, 24 Oct 2007 22:03:25 +0000

i don’t get it either.

anyway, an up-an-comer in this space worth checking out is http://www.tbd.com.

By: Bob

Bob — Wed, 24 Oct 2007 13:43:16 +0000

Let the scamming old people begin. This is a perfect relationship for a mortgage company looking to reverse mortgage old peoples homes, deliver zero value life insurance policy. I am sure they will even have special advertisements for “Irish Travellers Home Repairs”.

By: Duncan Riley

Duncan Riley — Wed, 24 Oct 2007 05:35:14 +0000

John
it’s certainly one of the more bizarre acquisitions I’ve reported on. It reminds me of the first web boom where in Australia at least web companies would merge with crappy mining stocks for a back door listing to cash in without having to jump through all the hoops.

By: The Savvy Boomer

The Savvy Boomer — Wed, 24 Oct 2007 05:31:46 +0000

Buy a boomer social networking site and watch stock value drop 45%…

Boomj announced its acquisition today by Time Lending California Inc. Its shares skyrocketed from 11 cents to a high of 25 cents before tanking at 6 cents by close of market. Not a great welcome by the OTC BB market….

By: John McCrea

John McCrea — Wed, 24 Oct 2007 05:20:44 +0000

Holy crock of shite!

By: wrath of California

wrath of California — Wed, 24 Oct 2007 04:48:26 +0000

I don’t get it… We got mortgage crisis and California is on fire. How does banks & insurance pay middle-upper class homes?

If you re-built new homes it cost lot of money, time, and stock market would drop.