Daily Stock List
eMONEco, Inc. (EMON)
We are highlighting eMONEco, Inc. (EMON) today, here at the QualityStocks Daily Newsletter.
eMONEco, Inc.’s emphasis is to provide mobile payments, remittance, banking and commerce services. The Company provides Mobile Mone, a prepaid financial services product suite. It enables payments and money transfers to be made through mobile phones. The Company formerly went by the name Mascot Ventures, Inc. It changed its name to eMONEco, Inc. in December 2013. eMONEco has its corporate headquarters in Leawood, Kansas. The Company’s shares trade on the OTC Bulletin Board.
eMONEco provides banked solutions and enhancements, under-banked and unbanked services, person-to-person services, account-to-account transfer services, merchant network services, and remittance services. It provides Mobile Mone for personal use and for Business.
With Mobile Mone, one can stop revealing their 16-digit card numbers and their bank account information. Accounts are FDIC Insured up to $250,000.00. Mobile Mone features proprietary out-of-band-authentication technology; self-controlled security settings, and a personal financial firewall. Mobile Mone is prepaid and there are no hidden fees or overdraft fees. One can load cash into their account from their checking, savings or share draft account.
For Financial Institutions, available is a turnkey Financial Institution-branded mobile money service. Mobile Mone provides a new account at the originating financial institution any time money is sent from an existing accountholder to a non-accountholder.
Financial Institutions can produce new transaction-based revenue from the profitable P2P payments space. They can grow their customer or membership base by way of viral SMS based money movement, and also lessen costs associated with paper checks.
For personal use, one can send, receive, request and manage their dollars among friends and family, fast and securely. One can use the Mobile Mone card anyplace MasterCard® is accepted. For Business, Mobile Mone is an alternative way to pay employees, distributors and vendors. A business can implement a turnkey branded mobile payment network that is fast, convenient, secure and more cost-effective than traditional methods.
Regarding the Company’s Merchant Services solution, the design of its tailored merchant services approach is to deliver Reduced Interchange for the merchant. This is while growing earnings for the financial institutions providing its services. Its solution is also designed to deliver faster settlement for the merchants and the financial institutions delivering services to them.
Moreover, the design of its Merchant Services solution is for additional sales opportunities; greater revenue; enhanced customer experiences, and greater visibility and accountability.
eMONEco, Inc. (EMON), closed Tuesday's trading session at $0.0401, up 14.25%, on 7,000 volume with 2 trades. The average volume for the last 60 days is 159,521 and the stock's 52-week low/high is $0.0251/$5.00.
BioRestorative Therapies, Inc. (BRTX)
Streetwise Reports, Investor Ideas, ProActive Capital, and The Online Investor reported on BioRestorative Therapies, Inc. (BRTX), and we also report on the Company, here at the QualityStocks Daily Newsletter.
BioRestorative Therapies, Inc. is a life sciences company concentrating on adult stem cell-based therapies for different personal medical applications. The Company develops products and medical procedures employing cell and tissue protocols, chiefly involving adult stem cells. BioRestorative Therapies’ shares trade on the OTC Markets Group’s OTCQB. Its corporate, administrative and laboratory operations are in Melville, Long Island, New York.
BioRestorative Therapies’ aim is to become a leader in providing medical procedures utilizing cell and tissue protocols, mainly involving adult stem cells (non-embryonic), and allowing patients to undergo minimally invasive cellular-based treatments. The Company’s products and medical procedures include brtxDISC™ (Disc Implanted Stem Cells), and ThermoStem®.
Its brtxDISC™ (Disc Implanted Stem Cells) is an investigational non-surgical treatment for bulging and herniated lumbar discs. It’s intended for patients who have failed non-invasive procedures and face the prospect of surgery.
ThermoStem® is a treatment using brown fat stem cells. It is under development for metabolic disorders. This includes diabetes and obesity. In March 2014, BioRestorative Therapies entered into a two-year collaborative Research Agreement with Pfizer, Inc. to study human brown adipose (fat) tissue and cell lines.
Recently, BioRestorative Therapies announced that it is the beneficiary of a patent granted for a licensed curved needle device (CND). The design of it is to deliver cells and/or other therapeutic products or material to a site having damage in need of facilitated repair. The Company’s intention is to advance the design of this curved needle device to facilitate the delivery of substances, including living cells, to specific locations within the body and minimize the potential for damage to neighboring structures.
BioRestorative also recently announced that the United States Patent and Trademark Office (USPTO) issued a US patent covering methods related to the Company’s metabolic program (ThermoStem® Program). The patent allows for the protection of methods of production of generating stem cells and stem cell lines from brown adipose tissue (brown fat) under xeno-free (animal-free) conditions using a proprietary differentiating medium. The technology is applicable for potential therapeutic uses for treating a broad spectrum of degenerative and metabolic disorders.
BioRestorative Therapies, Inc. (BRTX), closed Tuesday's trading session at $3.25, up 0.31%, on 5,997 volume with 7 trades. The average volume for the last 60 days is 1,824 and the stock's 52-week low/high is $0.3001/$12.25.
International Isotopes, Inc. (INIS)
Orbit Stocks and SmallCapVoice reported on International Isotopes, Inc. (INIS), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
International Isotopes, Inc. manufactures a comprehensive range of nuclear medicine calibration and reference standards, and an array of cobalt-60 products, including teletherapy sources. In addition, the Company provides a wide assortment of radiological field services on a contract basis to clients. Furthermore, it provides a wide-ranging selection of radioisotopes and radiochemicals for medical devices, calibration, clinical research, life sciences, and industrial applications. International Isotopes has its headquarters in Idaho Falls, Idaho.
The Company’s business consists of diverse segments. These include the Depleted Uranium De-Conversion and Fluorine Extraction Process (FEP) Project; Radiochemicals for Cancer Treatment; Nuclear Medicine Reference and Calibration Standards; Medical Teletherapy Products, AOS Series Type B (U) Transportation Containers, and Transportation Services.
International Isotopes is working to advance its planned environmentally friendly, green technology, uranium de-conversion and fluorine extraction processing facility in Lea County, roughly 15 miles west of Hobbs, New Mexico. The new facility will be on a 640-acre site. The Company’s belief is that this new commercial facility will provide a premier commercial opportunity. It holds patents that give it exclusive rights for the Fluorine Extraction Process (FEP). This process produces high value, high purity fluoride gasses in concert with uranium de-conversion.
International Isotopes has developed an inventive process to convert depleted uranium tails (the by-product generated from the enrichment of uranium) to ultra-high purity, high value industrial fluoride products. Fluoride products are a vital raw material for microelectronics, fiber optic cable, thin film photovoltaics (solar cells) and manifold other manufacturing processes.
The Company exclusively owns the patents for the fluorine extraction process. Its de-conversion process will convert the DUF6 by-product (or tails) from uranium enrichment operations into depleted uranium tetrafluoride (DUF4). The Company will subsequently utilize its patented FEP technology to extract fluorine from the DUF4 for use in the manufacture of specialty, high-value fluoride gases.
In November 2015, International Isotopes announced financial results for Q3 and the nine months ended September 30, 2015. Revenue was $1,609,061 versus $1,985,956 for the same period in 2014. This represents an overall decrease of around 19 percent. Revenue for the nine-month period ended September 30, 2015 was $5,125,918, versus $5,743,393 for the same period in 2014. This represents a decrease of roughly 11 percent.
Mr. Steve T. Laflin, President and Chief Executive Officer of International Isotopes, said this past November, "We are continuing to make significant advances within most business segments as we move toward building company revenue and improving our prospects for profitability in future years. While cobalt product revenue is down this year, the resumption of cobalt irradiation will result in increased cobalt production and source manufacturing in future years.”
International Isotopes, Inc. (INIS), closed Tuesday's trading session at $0.095, down 4.90%, on 16,450 volume with 5 trades. The average volume for the last 60 days is 60,466 and the stock's 52-week low/high is $0.0306/$0.12.
Bimini Capital Management, Inc. (BMNM)
StockOodles and Wall Street Resources reported earlier on Bimini Capital Management, Inc. (BMNM), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
Bimini Capital Management, Inc. is a real estate investment trust (REIT). It mainly invests in, but is not limited to, residential mortgage-related securities issued by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Government National Mortgage Association (Ginnie Mae). Bimini invests in residential mortgage-backed securities (MBS). Established in 2003, Bimini Capital Management is based in Vero Beach, Florida.
The Company qualifies as a real estate investment trust (REIT) for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes a minimum of 90 percent of its taxable income to its shareholders. Bimini Capital Management’s aim is to earn returns on the spread between the yield on its assets and its costs. This includes the interest expense on the funds that it borrows.
The Company’s core assets in its portfolio of mortgage related securities include fixed-rate mortgages, collateralized mortgage obligations, adjustable-rate mortgages, hybrid adjustable-rate mortgages, balloon maturity mortgages, interest only securities, inverse interest only securities, and principal only securities.
Bimini allocates capital to two MBS sub-portfolios, the pass-through MBS portfolio (PT MBS), and the structured MBS portfolio, consisting of interest only (IO) and inverse interest-only (IIO) securities.
Recently, Bimini Capital Management announced results of operations for the three-month period ended September 30, 2015. Q3 2015 highlights include a net loss of $2.6 million, or $0.21 per common share, and book value per share of $0.30.
Mr. Robert E. Cauley, Chairman and CEO, said, “Developments during the third quarter of 2015 have impacted the outlook for levered mortgage-backed securities investors for the balance of the year and well into 2016. Economic developments, both domestically and abroad, have materially reshaped market expectations for the Federal Reserve and their decisions with respect to rate increases. Longer term rates have rallied, and swap spreads, especially for the same tenors, have dropped below zero – a very atypical development. These developments have in turn impacted how we look at our portfolio positioning going forward. If funding levels remain low and speeds subdued, then we believe our higher coupon, fixed rate bias, coupled with our IO portfolio, has the potential to perform well.
Last month, Bimini Capital Management announced its Board of Directors adopted a stockholder rights plan. The design of the Rights Plan is to preserve stockholder value and the value of certain tax assets mainly associated with net operating loss carryforwards (NOLs) under Section 382 of the Internal Revenue Code of 1986, as amended.
Bimini Capital Management, Inc. (BMNM), closed Tuesday's trading session at $0.7915, up 21.77%, on 8,626 volume with 6 trades. The average volume for the last 60 days is 13,879 and the stock's 52-week low/high is $0.5909/$2.98.
Crimson Wine Group, Ltd. (CWGL)
Real Pennies and Wyatt Investment Research reported previously on Crimson Wine Group, Ltd. (CWGL), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
A luxury wine company, Crimson Wine Group, Ltd. specializes in handcrafted, estate-grown wines originating from the highest quality winegrowing regions in the U.S. The Company owns and manages 895 acres of vineyard land across five distinct regions. It sells wines via independent wine and spirits distributors in the U.S., as well as independent importers and brokers around the world.
The Company previously went by the name Leucadia Cellars, Ltd. It changed its name to Crimson Wine Group, Ltd. in November of 2007. In 2013, Crimson Wine Group spun off from Leucadia National Corp. as a separate public company. Crimson Wine Group has its corporate head office in Napa, California. The Company’s shares trade on the OTC Markets Group’s OTCQB.
The Company operates through two segments - Wholesale and Direct to Consumer. Its varied collection of luxury domestic estates and wine brands includes Pine Ridge Vineyards (Napa, California), Seghesio Family Vineyards (Healdsburg, California), Archery Summit (Dayton, Oregon), Chamisal Vineyards (San Luis Obispo, California), and Double Canyon (Prosser, Washington).
In 2015, Crimson Wine Group opened The Estates Wine Room. This is an urban tasting room in Seattle, Washington’s historic Pioneer Square. It centers on the iconic wines from Double Canyon in Horse Heaven Hills and Archery Summit in Willamette Valley. The Estates Wine Room opened to the public on Friday, December 11, 2015.
The design of the facility is to bring an innovative winery-style tasting experience to downtown Seattle. This establishment is 1,800-square-feet. It offers a contemporary and engaging setting for guests to enjoy wines from Crimson Wine Group’s Pacific Northwest portfolio together with food and other featured wine offerings.
The Estates Wine Room includes a standing tasting bar, table seating, a wine retail area, as well as a private tasting room. The room is anchored by a large-scale lenticular photography installation. This installation portrays vineyards from Double Canyon and Archery Summit. It visually captures the essence of the two winegrowing areas. An outdoor seated tasting area is scheduled to open this Spring.
Crimson Wine Group, Ltd. (CWGL), closed Tuesday's trading session at $8.00, even for the day, on 12,870 volume with 69 trades. The average volume for the last 60 days is 25,152 and the stock's 52-week low/high is $7.75/$9.80.
Agora Holdings, Inc. (AGHI)
The QualityStocks Daily Newsletter would like to spotlight Agora Holdings, Inc. (AGHI). Today, Agora Holdings, Inc. closed trading at $0.44, up 33.33%, on 383,906 volume with 118 trades. The stock’s average daily volume over the past 60 days is 33,579, and its 52-week low/high is $0.03/$2.50.
Agora Holdings, Inc. was announced today by QualityStocks regarding the immediate availability of a new audio interview with Daniel Terziev, CEO of Agora Holdings, Inc. (OTC PINK: AGHI) subsidiary Geegle Media. The interview can be heard at http://www.QualityStocks.net/interview-aghi.php
As Terziev explains in the interview, Agora Holdings collaborates with strategic media partners such as Geegle Media, which is primarily focused on developing software products for the media, social networks and the broader telecommunications industry. Geegle TV, established in 2010, is the company's leading product and reflects the diversity and various applications of the company's technology.
Agora Holdings, Inc. (AGHI), together with its wholly-owned subsidiary, Geegle Media, is leading a diversified family entertainment and media enterprise through business segments which include: TV on Demand, interactive media, business products and consumer platforms. With its multi-dimensional approach, Geegle Media supports Agora Holdings' mission to deliver innovate and high-quality business solution products and to deliver video content from around the world.
Geegle Media web platforms include; GeegleTV, Frame, 1000Salads, RealtyTV and LobbyTV. Geegle TV is a multi-platform video entertainment website that curates high-quality video content from around the world. In 2016, GeegleTV will serve as co-producer by airing original content. By exposing undiscovered content to millions of users and rendering it shareable to social media, Geegle TV will serve as a marketing partner to local and internationally based TV shows not yet on the open market.
For commercial use, Geegle Media provides a variety of solutions that include web development and billing software for VoIP applications. RealtyTV is its state-of-the-art platform for real estate brokerages. LobbyTV is another of its widely used products by business offices. For individuals, Geegle TV combines radio, On Demand movies, news, sports and children's content.
Geegle Media is also developing 1000salads, an online hub that encourages healthy lifestyles. The portal will feature recipes and products, health-oriented articles and a curated selection of local restaurants and grocers that deliver to the health-conscious user. Currently in its alpha stage of development, 1000salads is gearing up its sales and marketing in preparation for its launch in 2016.
Geegle Media differs from other On Demand providers, such as Netflix and HBO, in that its service is free of constraints such as subscription, fees and penalties. As consumers increasingly opt for personalized sources of entertainment, Agora recognizes the vast opportunities and growth potential provided by the rising popularity of TV On Demand. The company also benefits from strong and visionary management with a track record of bringing innovative ideas to fruition. Disclaimer
Agora Holdings, Inc. Company Blog
Agora Holdings, Inc. News:
Agora Holdings, Inc. (AGHI) CEO Featured in Exclusive QualityStocks Interview
Agora Holdings, Inc. (AGHI) Announces Engagement of QualityStocks Corporate Communications Suite
Agora Holdings, Inc.'s Geegle Media Develops TECH, a Workflow Management Software
Lingo Media Corp. (LMDCF)
The QualityStocks Daily Newsletter would like to spotlight Lingo Media Corp. (LMDCF). Today, Lingo Media Corp. closed trading at $0.5562, up 1.31%, on 1,500 volume with 1 trade. The stock’s average daily volume over the past 60 days is 8,461, and its 52-week low/high is $0.0862/$0.6745.
Lingo Media Corp. was pleased to announce today that the Company will be exhibiting and presenting at the upcoming World Outlook Financial Conference 2016 on January 29th and 30th at the Westin Bayshore Hotel in Vancouver, British Columbia. The conference is sponsored by Michael Campbell's MoneyTalks radio show and will be attended by pre-qualified, high net worth investors and active market participants. MoneyTalks has been bringing unique and valuable insight to astute Canadian investors for 32 years. Over half a million listeners tune in weekly in Western Canada and over one thousand will be attending the conference to meet with Michael and the exhibitors.
Lingo Media Corp. (LMDCF) (LM.V) is an EdTech company that's changing the way the world learns English through an innovative combination of proven educational techniques and accessible technology. The company provides both online and print-based solutions through its two distinct business units: ELL Technologies and Lingo Learning. Through ELL Technologies, Lingo has made considerable progress in English-learning markets throughout Latin America. Through print-based publisher Lingo Learning, the company has built a significant presence in the Chinese education market, which includes more than 300 million students.
The company's groundbreaking English programs are developed and marketed for students at every stage of development – from the classroom to the boardroom. This versatility has allowed Lingo to secure contracts and build relationships with clients in a variety of markets around the globe. In Mexico, a subsidiary of the company has partnered with a recognized university that allows it to offer its courses along with certification. In Peru, the company's subsidiary provides its groundbreaking Scholar program to a branch of the country's armed forces.
Through ELL Technologies, Lingo also markets electronic learning solutions that are suitable for pre-readers. Lingo's Kids program – which features cross-platform, multi-browser compatibility – requires no prior knowledge of the English language, allowing the company to address the entire student life cycle in blended learning environments, traditional classroom settings and the home with one cutting-edge solution. The Kids program addresses the critically underserved pre-school market, which includes roughly 181.4 million children across Asia and 30.1 million throughout Latin America and the Caribbean, according to UNESCO.
Although Lingo has traditionally leaned on its print-based offerings as a primary source of revenue, the company's recent efforts to shift into the thriving eLearning market have highlighted the immense potential of a more heavily digital approach. In the second quarter of 2015, Lingo recorded more revenue from digital products than print-based solutions for the first time in its history. With the global eLearning market set to reach $107 billion in 2015, according to a report by Global Industry Analysts, the company's performance and growing foothold in some of the world's most rapidly expanding markets place it in a favorable position. Disclaimer
Lingo Media Corp. Company Blog
Lingo Media Corp. News:
Lingo Media to Present at the World Outlook Financial Conference 2016 on January 29th & 30th
Lingo Media Corp. (LMDCF) (LM.V) Continues to Generate Strong Profits with Q3 Net Income of $631,730
Lingo Media to Present at the LD Micro Main Event
Giggles N' Hugs, Inc. (GIGL)
The QualityStocks Daily Newsletter would like to spotlight Giggles N' Hugs, Inc. (GIGL). Today, Giggles N' Hugs, Inc. closed trading at $0.07, off by 6.67%, on 44,500 volume with 4 trades. The stock’s average daily volume over the past 60 days is 38,725, and its 52-week low/high is $0.0137/$0.42.
Giggles N' Hugs, Inc. was announced today by QualityStocks regarding the immediate availability of a new audio interview with Joey Parsi, founder and chief executive officer of Giggles N' Hugs, Inc. (OTCQB: GIGL). The interview recapping the company's achievements in 2015, outlook for 2016, and opportunity to invest in its growth, can be heard at http://www.qualitystocks.net/interview-gigl2.php
Last year was a busy and productive season for Giggles N' Hugs, and Parsi begins the QualityStocks interview by explaining the company's success in streamlining operations, dramatically improving margins, and increasing year-over-year sales.
Los Angeles-based Giggles N' Hugs, Inc. (GIGL) is a first-of-its-kind, award-winning family restaurant and play space that combines organic gourmet food with the play elements for children in a 2500-square-foot play space in the middle of the restaurant. The concept is similar to Chuck E. Cheese, but offers a unique healthier, high-end version for health conscious parents and families. Parents eat and relax while the kids have an incredible time playing in the custom-made play area with giant climbers, dragons, castles, pirate ships slides and swings and a multitude of other toys.
In addition to nightly shows and concerts, every 30 minutes Giggles N' Hugs provides an activity such as face painting, disco dance parties, karaoke, games, arts and crafts, and much more. Giggles N' Hugs has been voted the No. 1 family restaurant, No. 1 birthday party place, and the No. 1 indoor play space in all of Los Angeles, and has attracted a star-studded list of customers including Sandra Bullock, Heidi Klum, Jessica Alba, Halle Berry, Jennifer Garner and Ben Affleck, Denis Quaid, Mark Whalberg, Adam Sandler, Dustin Hoffman and many more.
Revenue is derived from several sources, including food and beverage sales, beer and wine, birthday parties (40%), admission and membership fees to play, along with retail sales. These revenue-generating locations are also highly sought-after tenants. The company currently has three locations in the top premier malls around Los Angeles; four of the largest mall owners in the country are giving Giggles N' Hugs up to 75% discounts on rent and providing upward of $700,000 of upfront cash for each location to get Giggles N' Hugs into their malls around the country.
Growth and recognition of this caliber are driven by a very powerful management team. Giggles N' Hugs President John Kaufman was the COO at California Pizza Kitchen when the founders had just two locations. Joined by Giggles N' Hugs' CFO Phillip Gay, who at the time was CFO of California Kitchen, Kaufman grew the company from two to more than 100 locations – at which time it was bought by Pepsi Co. Kaufman was recruited as president of Koo Koo Roo Chicken, one of the fastest growing fast-casual concepts on the west coast, while Gay joined Wolfgang Puck Restaurants group as CFO, eventually becoming the CEO.
Giggles N' Hugs was founded as a truly "kid friendly" establishment catered specifically to the size, interests, and nutrition needs of children. Since opening its first Giggles N' Hugs in 2009, the company has received a steady stream of interest from more than 300 interested parties looking to expand the concept – via franchise or master licenses – in the U.S. as well globally in countries such as Germany, England, Dubai, Russia, Colombia, Australia , Singapore, Turkey, among the many more. Disclaimer
Giggles N' Hugs, Inc. Company Blog
Giggles N' Hugs, Inc. News:
Giggles N' Hugs, Inc. (GIGL) CEO Discusses 2016 Growth Strategies in Second QualityStocks Interview
Giggles N’ Hugs Signs Agreement with New York-Based Chardan Capital Markets
Giggles N Hugs to present at the 8th annual LD Micro Conference main event
GTX Corp. (GTXO)
The QualityStocks Daily Newsletter would like to spotlight GTX Corp. (GTXO). Today, GTX Corp. closed trading at $0.01, up 17.65%, on 138,300 volume with 7 trades. The stock’s average daily volume over the past 60 days is 454,659, and its 52-week low/high is $0.0052/$0.023.
GTX Corp. (GTXO), through its robust IoT enterprise monitoring platform and licensing, subscription recurring revenue business model, offers a complete end-to-end solution backed by an extensive portfolio of patents with filing dates going back as early as 2002, patents pending, registered trademarks, copy rights and URLs. GTX was featured in a 38-page research piece outlining the value proposition of the company's IP portfolio, and was also published in a SeeThruEquity research report discussing the value of the company's IP.
GTX has established a growing global distribution network with partners in more than 20 countries, and has garnered millions of dollars' worth of free media with coverage on CNN, Good Morning America, The Doctors, Fox News, Discovery Channel, ABC, NBC, CBS, The New York Times, LA Times, U.S.A. Today, the LA Business Journal, AARP and hundreds of other television, radio, magazine and newspaper media outlets across the globe.
The company's flagship, patented GPS SmartSoles were recently showcased in Munich at the Telefonica Digital Innovation Day 2015; was featured in AARP's 2015 technology gear guide; and came in second place, with Microsoft finishing first and Samsung taking third, in the 2015 Wearables, Health, Fitness & Wellness category at CTIA's Hot for the Holidays Awards competition.
As GTX continues to expand its brand awareness and distribution channels both domestically and internationally, in parallel it also plans to introduce new products with an emphasis on e-health and wellness. Corporate strategies are guided by a visionary management team with the insight and experience needed to navigate the plentiful opportunities and potential market share in the emerging multibillion IoT and Wearable Tech industries.
"With approximately 2% of the population having been diagnosed with Alzheimer's, dementia, autism, TBI or some other cognitive disorder which may lead to wandering due to memory loss, GTX plays a vital role in the safety, security and recovery of these individuals and their caregivers." --- Patrick Bertagna GTX Corp CEO. Disclaimer
GTX Corp. Company Blog
GTX Corp. News:
GTX Corp Engages Maxim Group LLC to Provide Strategic Advisory Services
GTX Corp. Launches New Track My Workforce Mobile App and Tracking Portal
GTX Corp (GTXO) CEO Featured in Exclusive QualityStocks Interview
The QualityStocks Daily Newsletter would like to spotlight FlexWeek (FXWK). Today, FlexWeek closed trading at $1.10, even for the day. The stock’s average daily volume over the past 60 days is 177, and its 52-week low/high is $0.075/$1.15.
FlexWeek (FXWK) is a pioneer in the global peer-to-peer (P2P) marketplace with the introduction of a unique platform that allows timeshare owners to discover, book and offer unused vacation time directly to the public and other timeshare owners. This approach eliminates the need for timeshare owners to use costly trading platforms such as Interval International or RCI, while potentially reducing unused timeshare inventory.
FlexWeek's P2P website (www.FlexWeek.com) and mobile application is similar to AirBNB's $20 billion approach to the travel industry, but is the first and only P2P marketplace exclusive to fractional vacation ownerships. FlexWeek differs from the existing model, where timeshare weeks must be "banked" with a trading company such as Interval International or RCI, and instead charges the booking fees to the renter of the vacation time, eliminating the cost to the private timeshare owner.
The FlexWeek platform also addresses another specific industry challenge. The average timeshare is only booked 79% of the year, according to the American Resort Development Association's 2012 research survey. Whether or not a privately owned timeshare unit is used, the owner still has to pay annual maintenance fees, and most owners end up losing thousands of dollars in wasted paid-for vacation time over their ownership period. With FlexWeek, an owner of unused paid vacation time can now offer their specific booked week for rent directly to the FlexWeek marketplace to recoup cost or even make a profit on the rental. The glut of unused timeshare inventory allows a potential renter to stay in a very nice condo for a fraction of what they would pay in hotel fees making it a win-win for both the owner and the renter of the vacation time.
Led by founder Kristopher Chavez, who has more than 10 years of experience operating businesses that acquire, rent, sell and transfer timeshares internationally, FlexWeek's management team will leverage its collective expertise to facilitate the company's direction and growth in this new market. FlexWeek's leadership has founded rapidly growing sales organizations generating 8-figure revenues within a year's time, and has experience scaling other models to financial success and/or acquisition rapidly with limited investment. Disclaimer
FlexWeek Company Blog
FlexWeek, Inc. (FXWK) Announces Engagement of QualityStocks Corporate Communications Suite
FlexWeek, Inc. (FXWK) is “One to Watch”
FLEXWEEK INC Financials EDGAR Online (Sat, Dec 19)
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