Daily Stock List
Greenwood Hall, Inc. (ELRN)
Fortune Stock Alerts, PennyPickAlerts, Small Cap Firm, ProTrader, Penny Stock Titans, Marketbeat, SmallCapFinancialWire, Greenbackers, and SmallCapInvestor reported earlier on Greenwood Hall, Inc. (ELRN), and we are highlighting the Company today, here at the QualityStocks Daily Newsletter.
Greenwood Hall, Inc. is an education technology company listed on the OTCQB. The Company helps colleges and universities improve student engagement and outcomes. Its end-to-end solutions cover the whole student lifecycle from pre-enrollment to post-graduation. Greenwood Hall has served greater than 60 education clients and more than 75 degree programs. Greenwood Hall’s market includes over 4,700 not-for-profit colleges and universities. The Company has its corporate office in Los Angeles, California, and has facilities in Phoenix, Arizona; College Station, Texas; and Shanghai, China.
Greenwood Hall works with education institutions desiring to generate new students and/or partner to provide financial aid and student services and reduce loads on internal resources. Additionally, the Company works with non-profits and corporations looking for contact management solutions. This includes order or donation processing, customer service, and event management.
Since 2006, Greenwood Hall has developed customized turnkey solutions. These solutions combine strategy, people, proven processes and strong technology, to help schools effectively and efficiently improve student outcomes, and grow revenues and expand into new marketing channels, including online learning.
Greenwood Hall provides co-sourced enrollment management, retention, financial aid, and career advising and student service solutions for higher education institutions. This is to increase enrollments and retention for online, non-traditional and traditional academic programs and to provide premier financial aid and student services.
Greenwood Hall has entered into an agreement with Howell, MI-based Cleary University (Cleary). This agreement is to provide a customized platform that will help support the University’s growth plans while enhancing the student journey for prospective and existing students.
Greenwood Hall will provide a total enrollment management solution designed to provide the highest levels of support to Cleary and its prospective students. Furthermore, the agreement provides the University access to Greenwood Hall’s technology-enabled student success solutions. This includes continuing learner engagement, coaching, as well as reengagement services.
Last week, Greenwood Hall announced its financial results for Q1 of fiscal year 2017, which ended November 30, 2016. For the fourth consecutive quarter, Greenwood Hall attained double-digit year-over-year revenue growth in its strategic EdTech business segment. EdTech revenue for Q1 2017 was $2,392,762 versus $1,037,579 during the same three-month period in FY 2016. This represents an increase of more than 130 percent. Overall revenue for the quarter was $2,541,007, up from $1,290,001 during the same period the year prior. This represents a 97 percent annual increase.
Greenwood Hall, Inc. (ELRN), closed Tuesday's trading session at $0.04, even for the day. The average volume for the last 60 days is 43,343 and the stock's 52-week low/high is $0.003/$0.15.
Oculus VisionTech, Inc. (OVTZ)
Profit Status and UltimatePennyStock reported previously on Oculus VisionTech, Inc. (OVTZ), and we report on the Company today, here at the QualityStocks Daily Newsletter.
A cyber security company, Oculus VisionTech, Inc. creates systems for document and multimedia protection to combat tampering and digital piracy. The Company designs and markets, to business customers, streaming video content distribution, and Internet Cloud-based digital document protection, founded on embedded digital watermarking, and video-on-demand (VOD) systems, services and source-to-destination digital media delivery solutions, which permit live or recorded digitized and compressed video to be transmitted through the Internet, intranet, satellite or wireless connectivity. Oculus VisionTech has its headquarters in Vancouver, British Columbia.
The Company’s systems, services, and delivery solutions include document, still image and motion video digital watermark solutions and documents, photographs (still image) and video content protection. Its technology includes Cloud-DPS. At present, Oculus VisionTech is promoting the imaged-based Document Protection System (DPS) and developing a number of other products. Before the DPS, Oculus VisionTech created proprietary technology called Smart Marks, which created imperceptible watermarks for videos.
Oculus VisionTech’s Document Watermarking Protection technology will be provided as a Cloud service – Cloud DPS. Cloud DPS provides three document services from the Cloud. One is Protection - accept any incoming document, watermark and return the watermarked document as an encrypted image-based PDF document. The second is Authenticate - validate the authenticity of the protected documents. The third is Storage - storage of the master protected document in digital.
Oculus VisionTech has successfully completed Alpha testing of its Cloud-DPS and the commencement of field trials. The Company is in the process of implementing its proprietary watermarking technology to its new photo DPS product.
Oculus VisionTech has developed its first proprietary document viewer application (the Document Viewer) for its DPS technology. This is an important addition to the online digital document protection suite that it has been developing. The current version of the Document Viewer is for the Windows operating system. The Company is also continuing to develop applications for Mac, iOS, and Android operating systems.
Recently, Oculus VisionTech announced the release of a new version of its Cloud-based document protection system - DPS2.0 Beta. The new release is a major upgrade to the earlier released DPS1.0. The upgraded features of DPS 2.0 Beta include the way the application transfers data, which has undergone conversion to a seamless streaming process.
Oculus VisionTech, Inc. (OVTZ), closed Tuesday's trading session at $0.14, even for the day, on 32,413 volume with 14 trades. The average volume for the last 60 days is 34,121 and the stock's 52-week low/high is $0.035/$0.90.
EMAV Holdings, Inc. (EMAV)
Fortune Stock Alerts, PennyPickAlerts, Small Cap Firm, ProTrader, Penny Stock Prodigy, MegaPennyStocks, and Penny Stock Titans reported on EMAV Holdings, Inc. (EMAV), and we also report on the Company, here at the QualityStocks Daily Newsletter.
EMAV Holdings, Inc. is performing a roll-up of select car dealerships that meets its distinctive criteria. A development stage enterprise, the Company’s objective is a minimum of 20 dealers under management by year-end 2017. EMAV Holdings operates as an electric motors and vehicles company. Its plan is to design, assemble, and sell premium electric rugged sport adventure vehicles. Established in 2010, EMAV Holdings has its corporate headquarters in Irvine, California.
Pertaining to the Company’s acquisition model, EMAV targets mid-sized dealers, privately-owned, with a regional emphasis. The markets are "Tier 2" markets and/or a "Hub Town" where customers travel up to 25 miles to a dealership. The Company’s acquisition model includes all available Independent Brands. Acquisition model metrics include Sales Revenue in excess of $20.0M; the purchase price 4-6x net income with cash and equity.
EMAV is focusing on Tier-2 and Hub-Town markets in select U.S. cities, including Greenville, SC; Albany, NY; Hartford, CT; Trenton, NJ; Wilmington, DE; Norfolk, VA; Athens, GA; Jacksonville, FL; Peoria, IL; Rockville, MD; Gresham, OR; Fairfield, CA; and Santa Fe, NM.
Regarding Electric Vehicles, EMAV’s wholly-owned subsidiary, Electric Motors and Vehicles Company, Inc. (EMAV), is a new car company. The expectation is that the sales, marketing, and administrative functions for its commercial electric vehicles will be operated out of the Detroit, Michigan area. The Company states that all other functions, including, though not limited to all assembly operations; sales and marketing for its consumer sales; and all other general corporate administrative functions will be conducted in a facility, which location EMAV has yet to choose.
Concerning Consumer Vehicles, EMAV will design, assemble, and sell premium rugged sport adventure vehicles (SAVs). The Company’s concentration will be on providing electric versions. Its plan is to start shipments of its signature vehicle, the EMAV ES, in the Spring of 2017. EMAV plans to begin shipments of its plug-in hybrid electric Ford F-150 in early 2017.
In addition, the Company works to provide commercial electric vehicles, including EMAV power stations, and fleet, delivery, and multi-purpose vehicles for commercial applications, and for the military, homeland protection, civil, and law enforcement markets.
Mr. Keith Rosenbaum is the Chairman & Chief Executive Officer (CEO) of EMAV Holdings. He has served as the sole director and officer of the Company since January of 2013. Mr. Rosenbaum has served as EMAV’s Chairman, CEO, CFO, and Secretary since EMAV’s establishment in March of 2010.
EMAV Holdings, Inc. (EMAV), closed Tuesday's trading session at $0.0056, even for the day, on 10,000 volume with 1 trade. The average volume for the last 60 days is 271,759 and the stock's 52-week low/high is $0.0032/$0.29.
Tempus Applied Solutions Holdings, Inc. (TMPS)
We are highlighting Tempus Applied Solutions Holdings, Inc. (TMPS), here at the QualityStocks Daily Newsletter.
Tempus Applied Solutions Holdings, Inc. provides design, engineering, systems integration, and flight operations solutions. These support critical aviation mission requirements for a variety of clients. The Company maintains a highly qualified and skilled in-house engineering team, which supports aircraft modifications, certification, maintenance, and also flight testing.
Tempus Applied Solutions is headquartered in Williamsburg, Virginia. The Company has aviation facilities and administrative offices around the world. Tempus’ shares trade on the OTC Markets Group’s OTCQB.
In essence, Tempus Applied Solutions flies airplanes (fixed wing and rotary, manned or unmanned). The Company engages in surveillance missions in Africa to flight training in Texas. Furthermore, it designs and modifies aircraft for special missions, certifies them, and provides turnkey lease and service solutions.
Tempus Applied Solutions’ customers include the United States Department of Defense (DoD), other U.S. government agencies, foreign governments, and select corporations and individuals in the private sector.
Tempus Applied Solutions operates Gulfstream, Bombardier, Pilatus, and Cessna aircraft. Most of these aircraft have been specially modified by the Company for DoD-related missions. This includes threat simulation, surveillance, communications relay and diverse test and development programs.
Tempus Applied Solutions LLC is the wholly-owned subsidiary of Tempus Applied Solutions Holdings Inc. (TMPS). It has been awarded FAA (Federal Aviation Administration) approval, in the form of a Supplemental Type Certificate (STC), for Tempus' initial FANS/1-A and ADS-B compliance solution [(Tempus' "Solution AA")]. Tempus' solution has received an "Approved Model List", or AML, STC, which means that it can be applied to any business and commercial aircraft. FANS and ADS-B compliance will be mandated in most parts of the world by 2020.
In June of 2016, Tempus Applied Solutions announced that it started flight operations for NASA's Jet Propulsion Laboratory (JPL). Tempus' FAA-certified Gulfstream IV aircraft is now integrated with the Portable Remote Imaging SpectroMeter (PRISM). This is a specialized hyperspectral sensor developed by NASA/JPL.
Tempus Applied Solutions Holdings, Inc. (TMPS), closed Tuesday's trading session at $0.25575, down 1.63%, on 82,306 volume with 48 trades. The average volume for the last 60 days is 3,455 and the stock's 52-week low/high is $0.15/$2.50.
CVR Medical Corp. (CRRVF)
MarketWatch and OTC Markets reported on CVR Medical Corp. (CRRVF), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
CVR Medical Corp. is engaged in an equal part joint venture (JV) with CVR Global, Inc. This JV operates in the medical industry centered on the commercialization of a proprietary subsonic, infrasonic, and low frequency sound wave analysis technology. CVR Medical’s shares trade on the OTC Markets’ OTCQB. A medical technology enterprise, the Company has its headquarters in Vancouver, British Columbia.
The JV has patents to a diagnostic device designed to detect and measure carotid arterial stenosis. The Carotid Stenotic Scan (CSS) is a pioneering tool that will be used to assess Carotid Arterial health in a manner that is unavailable to the patient, healthcare provider, as well as the payor within the present system.
The CSS is a screening tool designed to detect and measure carotid arterial stenosis or occlusion for the purpose of identifying patients at risk for Ischemic Stroke. The CSS provides a synergistic tool that complements other stroke screening technology.
CVR Medical’s screening device is non-emissive and non-invasive. It does not require a certified technician and can be conducted in a few minutes.
The CSS has a per scan price point that is considerably advantageous as an initial screening tool versus the resource requirement associated with other technologies. The Company’s technology makes a connection between fluid flow and sub-sonic frequencies to ascertain the presence of arterial disease/blockage.
Yesterday, CVR Medical announced that its intention is to complete a private placement financing for gross proceeds of up to $1,250,000. The expectation is that proceeds from this Financing will be used for continuing working capital requirements relating to the JV.
In addition, yesterday, CVR Medical announced that it has retained the services of DuVal & Associates, P.A. Further to its strategic advisory role, DuVal & Associates will represent CVR throughout the process of Food and Drug Administration (FDA) approvals and clearances for its "Carotid Stenotic Scan (CSS)" device. DuVal & Associates (headquartered in Minneapolis, Minnesota) is a regulatory law firm focused on counsel within the medical device and pharmaceutical industries.
At present, CVR Medical is entering the Clinical phase of the development process. The final market version of the CSS is undergoing assembly and preparation for Pivotal Trials that will subsequently undergo submission for FDA 510(k) clearance.
CVR Medical Corp. (CRRVF), closed Tuesday's trading session at $0.408, up 12.06%, on 54,600 volume with 16 trades. The average volume for the last 60 days is 36,488 and the stock's 52-week low/high is $0.23/$0.479.
Stealth Technologies Inc. (STTH)
The QualityStocks Daily Newsletter would like to spotlight Stealth Technologies Inc. (STTH). Today, Stealth Technologies Inc. closed trading at $0.03, even for the day. The stock’s average daily volume over the past 60 days is 34,424, and its 52-week low/high is $0.015/$0.05.
Stealth Technologies Inc. announces that it has engaged the expertise of NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. NNW's solutions help public and private organizations find their voice and build market visibility via social media and a rapidly expanding distribution network of well over 5,000 key syndication outlets.
Founded in 1999, Stealth Technologies Inc. (STTH) is focused on developing and marketing products that deliver cost effective, independently validated solutions for large addressable international and domestic markets. The company's primary target is identity protection and personal safety.
The Stealth Card represents the company's flagship solution for identity protection. Today there are more than 1.5 billion credit and debit cards in circulation with RFID chips, making it easier than ever for identity thieves to steal sensitive information without contact. The paper-thin Stealth Card offered by Stealth Technologies protects up to 12 RFID credit cards in a wallet without any batteries or charging requirements.
StealthIdentityTheft.com is an expansion of the company's commitment to provide first-rate identity protection solutions. The proprietary system underlying this identity protection and recovery service was designed in partnership with law enforcement officials. Utilizing the most effective methods of prevention involving a two-step process, StealthIdentityTheft.com is a superior answer to the non-stop identity theft taking place every day.
The international marketplace was infiltrated by Stealth Technologies when the company launched its 911 HELP NOW™ emergency medical alert device. Providing direct access with 911 service at a touch of a button, the device is packed with powerful features including a full year of battery life from standard AAA batteries, compact ergonomic design, 2-way voice and a durable, splash resistant design.
Stealth Mobile is the latest product offering introduced to leverage the Stealth Technologies' brand and sales channels established by the other products. Similar to the Stealth Card, Stealth Mobile prevents electronic pickpocketing. The product guards NFC transmissions emitted by cell phone devices, which can include personal information, messages and financial data.
Stealth Technologies recognizes the value of the rapid sales growth generated by these technologies and has multiple patents pending to safeguard its investments. With an expanding product suite and ongoing expansion into the identity theft protection marketplace, Stealth Technologies remains committed to its focus on increased growth and profitability. Disclaimer
Stealth Technologies Inc. Company Blog
Stealth Technologies Inc. News:
Stealth Technologies, Inc. (STTH) Engages NetworkNewsWire for Corporate Communications Solutions
Stealth Technologies Summary of 2016 Highlights
Stealth Technologies Announces 911 Help Now Generation II Product
Singlepoint, Inc. (SING)
The QualityStocks Daily Newsletter would like to spotlight Singlepoint, Inc. (SING). Today, Singlepoint, Inc. closed trading at $0.046, off by 13.21%, on 10,692,957 volume with 505 trades. The stock’s average daily volume over the past 60 days is 5,438,012, and its 52-week low/high is $0.0055/$0.065.
Singlepoint, Inc. today announces that the Company is officially debt-free. In conjunction, SinglePoint has raised more than $300,000 and has signed a Letter of Intent to secure additional funding of $1 million. The Company plans to use the capital to uplist to the OTCQB and become a fully reporting company this year, as well as to support its acquisition-based growth strategy. Pending due diligence, SinglePoint is optimistic that it will enter into a definitive agreement in the near future.
Singlepoint, Inc. (SING) provides mobile technology and marketing solutions that enable companies, nonprofits and religious organizations to conduct business transactions, accept donations, and engage in targeted communication via mobile devices. Through diversification of its own model, the company is also leveraging its core technology to expand into the mobile auctions and daily fantasy sports markets.
SING currently has two fundraising solutions. Text2Bid is an interactive way to increase auction revenues. The technology makes it easy for people to bid in auctions from any text or web-enabled phone. Donate by Text allows nonprofits to securely collect one-time or recurring donations via text. This capability creates a personal experience for the donors, and enables ongoing communication between the donor and nonprofit or event sponsor.
SING's payment solutions include point-of-sale (POS) terminals, loyalty programs, payment processing, phone services and financing. Pay by Text™ enables a business to accept payment transactions and, in essence, turns the user's mobile phone into a point-of-sale device. Operating on the same platform as mobile marketing, Pay by Text is designed to increase revenues, raise the average per-transaction amount, and create a fast, easy and hassle-free method of payment.
As part of its diversification and expansion strategy, SING recently acquired an interest in DraftFury (www.draftfury.com), a company that offers skill-based NBA, NFL and MLB daily fantasy sports (DFS) contests. DraftFury is known for its innovative offerings and originality, and is the first cash-flow-positive DFS enterprise. This transaction places SING in a multi-billion dollar industry expected to generate entry fees of $14.4 billion in 2020. Under the guidance of a leadership team well-versed in technology, engineering, marketing and raising capital, SING anticipates a strong foothold in its chosen markets. Disclaimer
Singlepoint, Inc. Company Blog
Singlepoint, Inc. News:
SinglePoint, Inc. Eliminates Debt, Issues Update on Fund Raising Initiatives and Allocations
SinglePoint, Inc. Signs LOI to Invest $800K in Jacksam Corp., Creator of Revolutionary Cannabis Technology
Singlepoint, Inc. Builds Its Payments Footprint in the Cannabis Industry -- CFN Media
The QualityStocks Daily Newsletter would like to spotlight ChineseInvestors.com (CIIX). Today, ChineseInvestors.com closed trading at $1.91, up 7.30%, on 139,195 volume with 207 trades. The stock’s average daily volume over the past 60 days is 155,120 and its 52-week low/high is $0.12/$2.75.
Founded in 1999, ChineseInvestors.com (CIIX) has become a leading financial information website for Chinese-speaking investors in the United States and China. Recognizing unprecedented opportunities in the U.S. cannabis industry, CIIX is also laying the groundwork to capitalize on growing demand for cannabidiol (CBD)-based nutrition and health products.
Through its primary website, www.ChineseInvestors.com, CIIX offers a variety of investor education products and services, including real-time market commentary, analysis and educational related services in Chinese language character sets; consultative services to smaller private companies considering becoming a public company; and advertising and public relations related support services.
At the center of this initiative is the ChineseInvestors Method, a unique integration of a disciplined investing process, web-based tools, personalized instructions and support. Using this strategy, CIIX provides reliable market information to help investors make informed investment decisions and meet their individualized financial goals.
CIIX is also leveraging its financial expertise to enter into the burgeoning CBD industry, which within a few years has grown from a relatively invisible sector to a billowing market expected to reach $2.1 billion in consumer sales by 2020.
The increasing demand for CBD-based products is a catalyst for innovative business endeavors. To this accord, CIIX has established a three-year development plan to capitalize on the convergence of CBD and the nutrition and health products market in mainland China, where the benefits of CBD oil have not been widely recognized.
Under a wholesale agreement with a reputable CBD health brand, CIIX is launching the world's first online CBD health products store published in the Chinese language. The site, www.ChineseCBDoil.com, caters to a growing number of Chinese people awakening to the numerous health benefits of CBD oil for treatment of a variety of conditions such as anxiety, stress, poor sleep, Alzheimer's disease, and more. CIIX expects to launch this website at the end of January 2017, and plans to sell CBD-infused products via online and in-store.
In conjunction, CIIX's cannabis-focused "Yelp"-style mobile app is in development as a platform for Chinese people to review and discuss various cannabis products. The app will be the first marijuana social media mobile app designed for Chinese-speaking customers worldwide. Disclaimer
ChineseInvestors.com Featured in New Interview with SmallCapVoice.com
ChineseInvestors.com, Inc. to Present at NobleCon13 Annual Investor Conference
ChineseInvestors.com, Inc. (CIIX) Engages NetworkNewsWire for Corporate Communications Solutions
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $2.35, up 1.73%, on 8,348 volume with 9 trades. The stock’s average daily volume over the past 60 days is 8,490, and its 52-week low/high is $1.10/$4.35.
Monaker Group, Inc. (MKGI) is a technology driven travel company focused on leveraging resources to become a significant presence in the fastest growing sector of the $1.3 trillion travel and tourism market. The company's flagship brand, NextTrip.com, is the industry's first and only real-time booking engine that features alternative lodging (vacation home rentals, resort residences and unused timeshare inventory), as well as a full selection of airlines, hotels, cruises, rental cars, tours and concierge services. These features are combined into a single, easy-to-use platform that gives travelers complete real-time control when planning and booking their vacations.
NextTrip.com takes an integrated approach to the needs of travelers by combining multiple booking solutions into a highly intuitive real-time booking platform. Since its launch in February 2016, NextTrip has already grown to more than 250,000 units of vacation rental inventory. Monaker currently has roughly 1 million additional alternative lodging units under contract that will soon be added to the platform. This will place NextTrip among the top three largest vacation rental inventories and rival industry peers, Airbnb and HomeAway, in the rapidly expanding alternative lodging market. Unlike the competition, which book by request which can take hours or days before a lodging owner confirms, NextTrip's platform books in real-time, similar to online hotel bookings.
Most NextTrip listings are in desirable locations in the U.S., the EU and the Caribbean with about 20% exclusive listings. Monaker expects rapid exclusive listing growth because, unlike the competition, Monaker doesn't charge a sign-up fee, just a commission upon booking. The competition charges both. Monaker even has a proprietary solution to unlock Timeshare and Fractional Share properties as rental inventory.
Through strategic partnerships and acquisitions Monaker is now positioned to be a major player in the travel and alternative lodging sector. In addition Monaker is also the parent to Maupintour and Voyage TV.
In business for 65 years, Maupintour still leads the tour industry in the creation of outstanding, unique itineraries and has the highest repeat rate in the tour industry. Maupintour's upscale luxury services create a unique blend with the various product offerings of NextTrip. Voyage TV has thousands of hours of travel footage shot in over 30 countries worldwide. These 15,000 video clips of hotels, resorts, cruise, and destination activities are a treasure trove for vacation travel marketing.
With an established portfolio of travel brands, and a proven record acquiring, consolidating and integrating companies, Monaker is building a diverse and exciting foundation to drive the company's future. According to data from the U.S. Travel Association, direct spending on leisure travel by domestic and international travelers topped $650 billion in 2015. When combined with the fact that roughly 64 percent of travel companies are still considered small businesses, Monaker's all-inclusive approach to vacation booking through NextTrip and Maupintour strategically positions it for sustainable growth moving forward.
Monaker is headquartered in South Florida with offices in California. The company is led by a seasoned management team with decades of applicable industry experience. Monaker's Chairman and Chief Executive Officer Bill Kerby has over 18 years of experience in the media and travel industries, as well as 10 years of experience in the financial industry. Disclaimer
Monaker Group, Inc. Company Blog
Monaker Group, Inc. News:
Monaker Group Appoints Robert Post to Board of Directors
Monaker Group Appoints Simon Orange to Board of Directors Appointment Advances Monaker's Plans for NASDAQ Listing
Monaker Group Shareholder Update -- 2016 Milestones and Transactional Business
eXp World Holdings, Inc. (EXPI)
The QualityStocks Daily Newsletter would like to spotlight eXp World Holdings, Inc. (EXPI). Today, eXp World Holdings, Inc. closed trading at $3.45, up 0.58%, on 3,500 volume with 12 trades. The stock’s average daily volume over the past 60 days is 10,815, and its 52-week low/high is $0.7094/$5.84.
eXp World Holdings, Inc. (EXPI) is the holding company for a number of businesses, most notably eXp Realty LLC, the Agent-Owned Cloud Brokerage™. eXp Realty is a full-service real estate brokerage offering 24/7 access to a suite of collaborative tools, training features and socialization channels designed to meet the unique needs of real estate brokers and agents. By creating a fully-immersive, cloud office environment for real estate professionals, eXp effectively reduces agents' overhead, increases their profits and provides greater service value to consumers.
Through eXp Realty's innovative platform, agents and brokers are afforded the opportunity to earn equity in exchange for production and contributions to company growth. Additionally, eXp features an aggressive revenue sharing program that pays agents a percentage of the gross commission income earned by fellow professionals they recruit into the company. The result is a shared ownership community featuring a synergistic and collaborative group of forward-thinking, entrepreneurial professionals. With the emergence of the internet as the most powerful property marketing and advertising medium, eXp's internet and cloud technologies have helped thousands of consumers find, buy or sell homes without the need for a brick and mortar real estate office.
Since its launch in October 2009, eXp Realty has experienced rapid growth, with brokerage service now offered in 35 U.S. states and Alberta, Canada. In February 2016, the company officially welcomed its 1,000th real estate professional into its family of agent-owners, up from just 467 agents at the end of 2014. Following this achievement, the Agent-Owned Cloud Brokerage claimed a spot among the top 50 real estate brokerages in the United States based on agent count, according to data from RISMEDIA's 2015 PowerBroker 500 Report.
Similarly, eXp Realty generated record financial results during 2015. Following the launch of two new initiatives – including an online lead generation program and a stock compensation plan – the company achieved a 71 percent year-over-year increase in net revenues, recording $22.87 million for the year. As it continues to expand its footprint across North America, eXp Realty will look to leverage its unique agent-owned business model to continue attracting driven, entrepreneurial agents and real estate industry leaders while promoting sustainable financial growth. Disclaimer
eXp World Holdings, Inc. Company Blog
eXp World Holdings, Inc. News:
eXp Realty Nearly Triples Agent Count in 2016
eXp World Holdings, Inc. Announces Appointment of Independent Director
eXp World Holdings, Inc. Retains MZ Group as its Investor Relations Advisor
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