In his speech during the Reuters Global Technology Summit, Facebook co-founder and CEO Mark Zuckerberg said that the social networking platform is still meeting its business development goals solely on its current business and financial model, stressing that “there’s no need for further investments”.

Zuckerberg issued the statement following various reports from the media claiming that Facebook executives are now discussing terms of financial funding with major investors.

However, the 25-year-old official dismissed the reports, saying that future investments will not happen in the next couple of years. He pointed that investment consideration done at the moment is nothing but a “buffer” that will be done in good faith and other future considerations.

The official also said that “rumbled” media reports has no basis, adding that “no new talks” have ever taken place during meetings with the possible sponsors.

To date, Facebook’s estimated value ranges at $8 billion and has more than 200 million active users.

Meanwhile, a blog at TechCrunch.com reported of a $200 million funding-turndown by Facebook. Other reports, on the other hand, claimed that the social networking platform is now looking for a $150 million sponsorship program from people who want to invest in the company.

Ask whether if it is true, Zuckerberg just remained mum of the issue.

With Facebook’s returns doubling since August 2008, companies like Microsoft Corp. are vying their way into the online social networking site. Microsoft has reportedly invested some $240 million for a 1.6 percent share in the company.

With the current investment rate and Facebook’s value at $15 billion, the company is not rushing things, Zuckerberg said.

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