Daily Stock List
Turbine Truck Engines, Inc. (TTEG)
SmallCapVoice, Xtremepicks and OurHotStockPicks reported earlier on Turbine Truck Engines, Inc. (TTEG), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Founded in 2000, Turbine Truck Engines, Inc. is a clean-air technology enterprise. Its dedication is to identifying, developing, and commercializing important scientific innovations designed to enhance environmental conservation and cost savings in how the world uses energy. Furthermore, the Company holds the exclusive license to develop, commercialize, manufacture, market, and distribute the Detonation Cycle Gas Turbine (DCGT) engine around the world. Additionally, its products include the Hydrogen Production Burner System (HPBS). Turbine Truck Engines is headquartered in Bellevue, Washington.
The Company owns an exclusive worldwide license for the manufacturing and marketing of the Detonation Cycle Gas Turbine (DCGT) engine. DCGT is a highly-innovative, low emissions, turbine-based truck engine. The powering of the DCGT engine is by a state-of-the-art electromagnetic isothermal combustion process. This process produces total combustion of fuel-oxidizer mixtures in cyclic detonations.
The DCGT engine has no pistons or valves; uses no lube oil, filters or pumps; uses more than 30 percent less fuel than present engine technologies; and considerably lessens nitrogen oxide (NO, NO2, N2O2) and carbon monoxide (CO) emissions. Moreover, it operates on all fuels (hydrocarbon, hydrogen and synthetic); has flex-fuel and mixed fuels capability; has few moving parts, requiring less maintenance; has a high power-to-weight ratio; is lightweight, air cooled, and also has cold start capability.
Regarding the Hydrogen Production Burner System (HPBS), it converts common methanol into clean-burning hydrogen gas for immediate on-site use. It does so using a proprietary gas reformation process utilizing a chemical catalyst and a unique low temperature pyrolytic reaction. The HPBS can be used in a broad array of residential and commercial applications. In addition, it is ideal for use in large-scale industrial equipment such as boilers, steam generators, as well as dryers.
In June of 2015, Turbine Truck Engines announced that it signed an engineering services agreement with Sahoma Controlware, LLC, to begin development of Turbine Truck Engines’ Gas-to-Liquid Process (GTL Process) technology for converting Methane and Oxygen Gas into Methanol Liquid. The initial target for commercialization of the GTL Process will be centered on the Oil/Gas and Power/Utility energy sectors. Sahoma Controlware is an Engineering Design & Systems Integration Company based in Oklahoma City, Oklahoma.
Turbine Truck Engines, Inc. (TTEG), closed Friday's trading session at $0.1499, up 49.90%, on 26,802 volume with 8 trades. The average volume for the last 60 days is 5,462 and the stock's 52-week low/high is $0.03/$0.20.
Searchlight Minerals Corp. (SRCH)
SmarTrend Newsletters, Stock Analyzer, AllPennyStocks, MadPennyStocks, BullRally, PennyStockVille, StockEgg, PennyInvest, CoolPennyStocks, StockRich, and HotOTC reported previously on Searchlight Minerals Corp. (SRCH), and we report on the Company today, here at the QualityStocks Daily Newsletter.
Searchlight Minerals Corp. engages in the acquisition and exploration of mineral properties and slag reprocessing projects. The Company is concentrating on the acquisition and development of projects in the southwestern United States. It holds interests in the Clarkdale Slag Project. The Project is located in Clarkdale, Arizona. An exploration stage enterprise, Searchlight Minerals is based in Henderson, Nevada.
The Clarkdale Slag Project is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Jerome, Arizona. Searchlight Minerals announced in May 2014 significant technical achievements in gold and iron recovery at its Clarkdale Slag Project.
The achievements include, but are not limited to, the determination of the precise nature of the gold contained in the slag material; the addition of a high temperature pre-treatment step that aids in the recovery of the gold and provides a saleable iron by-product; and up to a 60 percent extraction of metallic gold from fire assay of ion exchange resin. Searchlight Minerals’ belief is that the project is commercially viable, if repeatable, at current results, based on these achievements.
Searchlight Minerals has received results of certain bench scale tests conducted by Midrex Technologies, Inc., (a wholly-owned subsidiary of Kobe Steel, Ltd.), to examine the effectiveness of its technology as a potentially more cost effective pre-treatment way to extract iron from its slag material in Clarkdale, Arizona.
Concerning its present work program, Searchlight Minerals is currently working on Thermal Pre-treatment Testing; Autoclave Optimization; and Third Party Review and Verification to move expeditiously towards commercial operation. It hired an independent team of well qualified and experienced experts to complete a technical review of the Clarkdale Slag Project. The anticipation is that a favorable report from this review would be used to facilitate the financing of the bankable feasibility study and commercial production facility.
In March 2016, Searchlight Minerals announced it closed a $4,619,491 issuance of its equity securities that includes the conversion of $3,119,491 of Secured Convertible Promissory Notes and interest owing on such notes owned by Luxor Capital Partners, LP and its affiliates as well as Mr. Martin Oring, one of its Directors and its CEO, and members of his family (collectively, the Oring Group). In the Offering, Luxor also bought $1,500,000 of the Company's restricted common stock, $0.001 par value per share.
Mr. Martin Oring, Searchlight Minerals’ CEO, stated. “We are pleased that Luxor, our largest investor and stakeholder, has elected to increase its ownership position in the Company by participating in this Offering. It shows confidence in both our Company's project and future stock performance. The new capital will be used to expedite our technical program, optimization testing and third party verification of our process. We believe that as we consistently recover gold as metal-in-hand in significant quantities and produce high grade iron, that this will validate the technical and economic viability of the Clarkdale Slag Project."
Searchlight Minerals Corp. (SRCH), closed Friday's trading session at $0.0846, up 9.16%, on 56,000 volume with 10 trades. The average volume for the last 60 days is 51,955 and the stock's 52-week low/high is $0.06/$0.42.
AdvanSource Biomaterials Corp. (ASNB)
TopPennyStockMovers, Zacks, and Nebula Stocks reported earlier on AdvanSource Biomaterials Corp. (ASNB), and we report on the Company today, here at the QualityStocks Daily Newsletter.
AdvanSource Biomaterials Corp. is an ISO certified materials technology company. Specialists in polyurethane technologies, the Company provides an assortment of material formats for use in long and short term implants and also disposable products. The Company formerly went by the name CardioTech International, Inc. It changed its name to AdvanSource Biomaterials Corp. in October 2008. The Company has its corporate office in Wilmington, Massachusetts.
AdvanSource Biomaterials develops advanced polymer materials. These polymer materials provide important characteristics in the design and development of medical devices. The Company’s biomaterials are used in devices designed for treating a broad variety of anatomical sites and disease states. AdvanSource’s business model leverages its proprietary materials science technology and manufacturing expertise to expand its product sales and royalty and license fee income.
AdvanSource’s ground-breaking technology includes products such as ChronoFlex, HydroMed, and HydroThane. The technology has been developed to overcome a wide array of design and functional challenges, from the need for dimensional stability, ease of manufacturability and demanding physical properties to overcoming environmental stress cracking and providing heightened lubricity for ease of insertion.
AdvanSource Biomaterials manufactures and sells its custom polymers under the trade names ChronoFilm, ChronoFlex, ChronoThane, ChronoPrene, ChronoSil, HydroThane, and PolyBlend. Its new product extensions enable it to customize its proprietary polymers for specific customer applications in a wide assortment of device categories.
The Company manufactures and sells its proprietary HydroThane polymers to medical device manufacturers that are evaluating HydroThane for use in their products. Additionally, it manufactures specialty hydrophilic polyurethanes that are primarily sold to customers as part of exclusive arrangements.
AdvanSource’s HydroThane is a thermoplastic, water-absorbing, polyurethane elastomer. It possesses properties that the Company believes make it well-suited for the complex needs of a variety of catheters. Furthermore, it believes HydroThane exhibits an inherent degree of bacterial resistance, clot resistance, and biocompatibility. HydroThane has elastic properties similar to living tissue when hydrated.
Regarding services, in addition to customized solvent packages, the design of AdvanSource Biomaterials’ coating capabilities are to assist with a customer’s prototype development through multi-step dip/spray coating processes for small volumes. The Company’s technical team will engineer a coatings solution that meets a customer’s design parameters and processing guidelines as well as recommend optimal solvent and material selections.
AdvanSource Biomaterials Corp. (ASNB), closed Friday's trading session at $0.1351, even for the day. The average volume for the last 60 days is 33,350 and the stock's 52-week low/high is $0.0301/$0.41.
Medifirst Solutions, Inc. (MFST)
Penny Stocks VIP, Penny Pick Insider, Daily Stock Motion, SMS Penny Picks, Research Driven Investor, Growing Stocks Report, Michael Stone, Wall Street Beauties, WINNINGOTC, FatCat Stocks, Wall Street Mover, InvestorTrendz, Gryphon Digest, Value Penny Stocks, Hot Stock Profits, PennyStockScholar, PennyStocks24, OTCtipReporter, and Greenbackers reported earlier on Medifirst Solutions, Inc. (MFST), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Medifirst Solutions, Inc. looks for ground-breaking medical and healthcare products and technologies targeted to medical and healthcare professionals and everyday consumers. The Company’s plan is to develop and establish a consumer and professional medical base and clientele to be used as a pipeline, which will allow for expansion with new products and services. OTCQB-listed Medifirst Solutions is based in Freehold, New Jersey.
The Company’s dedication is to provide inventive drug free and pain free treatments, services, and also products for people to make better and healthier choices and improve their quality of life. Medifirst Solutions earlier acquired Florida-based Medical Lasers Manufacturer, Inc. This company has created a unique Laser Program designed for anti-aging applications. It will specialize in producing high quality diode-pumped solid-state lasers.
Medifirst Solutions has created an innovative Program, called The Time Machine Program designed for anti-aging applications. It includes The Full Makeover, Non-Surgical Face Lift, non-invasive restoration & re-surfacing of the skin's tissues, and skin tightening. Additional treatments are for sun spots, wrinkles, acne, hyper-pigmentation, scars, skin detoxification, stretch marks, and cellulite.
Last week, Medifirst Solutions updated shareholders on the most recent developments pertaining to its Food and Drug Administration (FDA) 510(k) submission for The Time Machine Laser Series. The Time Machine Laser Series engineers have upgraded the lasers for better durability. Additionally, they have made a number of internal modifications as requested as part of the FDA review process.
Medifirst Solutions announced that it completed the safety testing evaluation and successfully passed the lab tests for the updated modifications to the upgraded Time Machine Laser. Mr. Bruce J. Schoengood, Medifirst’s Chief Executive Officer, said, "We are excited and pleased that the laser safety data for the upgraded modifications meets the AAMI ES60601-1 standards."
The creation of the Time Machine Program was to strip away years of aging. The design of this program is to restore and re-surface the tissue of the skin.
Medifirst Solutions, Inc. (MFST), closed Friday's trading session at $0.0073, even for the day, on 250,000 volume with 12 trades. The average volume for the last 60 days is 794,547 and the stock's 52-week low/high is $0.0035/$0.021.
VerifyMe, Inc. (VRME)
SmallCapVoice reported earlier on VerifyMe, Inc. (VRME), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
VerifyMe, Inc. is a pioneer in patented physical, cyber, and biometric technologies, which prevent identity theft, counterfeiting, and fraud. In essence, the Company is a high-technology solutions firm in the field of authenticating products and people. The Company was previously known as LaserLock Technologies, Inc. It changed its name to VerifyMe, Inc. in July of last year. Listed on the OTCQB, VerifyMe is headquartered in New York, New York.
The Company pursues innovation via the development of patented products, proprietary technologies, and the creation of strategic alliances. Its physical technology authenticates products, documents, as well as currency with a set of proprietary security inks and pigments.
VerifyMe markets an extensive patent portfolio. This includes patents for protecting material goods, products and packaging. Its digital technology authenticates people through performing strong, multi-factor verification by way of its patented digital platform.
VerifyMe™ provides a broad spectrum of technologies to authenticate products and packaging. This is from proprietary security pigments to custom track and trace solutions. Its RainbowSecure™ is a proprietary, customizable, covert anti-counterfeiting solution. It appears invisible to the human eye. However, RainbowSecure™ can be activated employing authentication devices specifically tuned to the unique frequency of each batch of ink.
The Company’s SecureLight™ can immediately change color under compact fluorescent light and LED light sources. Moreover, VerifyMe’s SecureLight+™ combines the covert and overt characteristics of RainbowSecure™ and SecureLight™ into a single solution.
VerifyMe™ can authenticate individuals utilizing facial recognition, fingerprint, voice and retina scanning, swipe pattern recognition, location detection and approved IP detection. VerifyMe™ provides advanced fraud prevention technologies to pharmaceutical companies, high-end retailers, the gaming industry, and governments around the world.
VerifyMe™ ID services replace passwords, PINs, and 2-factor solutions with intuitive, easy-to-use, multi-factor authentication, integrating biometrics to protect corporate and consumer integrity.
Last week, VerifyMe announced the appointment of Mr. Thomas A. Nicolette as VerifyMe’s President and CEO, effective May 1, 2016. Mr. Nicolette has served as the principal of Nicolette Consulting Group Limited since its founding in 1980. Nicolette Consulting is a business management consulting organization.
VerifyMe, Inc. (VRME), closed Friday's trading session at $0.25, even for the day, on 2,703 volume with 3 trades. The average volume for the last 60 days is 12,273 and the stock's 52-week low/high is $0.226/$8.075.
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 $1.86, off by 1.59%, on 7,075 volume with 20 trades. The stock’s average daily volume over the past 60 days is 11,882, and its 52-week low/high is $0.51/$1.976.
eXp World Holdings, Inc. today released its first quarter financial results. Including the following highlights: revenues for the quarter of $7,142,812, up 107% from $3,449,241 year over year; Agent Count for Real Estate Division up 106% over Q1 2015 to 1,104 agents; Net Loss for the period was $619,867 - mostly attributable to stock options issued prior to 2013; Cash on Hand at end of period up 114% vs. 1 year ago. The increase in revenue is a direct result of the increased sales agent base and higher sales volume realized by the Company's real estate brokerage division, eXp Realty, The Agent-Owned Cloud Brokerage™. Today, eXp Realty has more than 1,240 real estate professionals across 38 states and Alberta, Canada.
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 World Holdings, Inc. Reports Record Revenue and Growth for First Quarter
eXp World Holdings Real Estate Brokerage Division Appoints CEO and President
eXp Realty Launches in 4 More States and the District of Columbia
Laguna Blends Inc. (LAGBF)
The QualityStocks Daily Newsletter would like to spotlight Laguna Blends Inc. (LAGBF). Today, Laguna Blends Inc. closed trading at $0.09, up 30.43%, on 10,000 volume with 1 trade. The stock’s average daily volume over the past 60 days is 4,407, and its 52-week low/high is $0.069/$0.192.
Laguna Blends Inc. (LAGBF) is a network marketing company focused on the generation of sales through independent affiliates. Leveraging innovative tools and technologies, the company's affiliates are able to build international businesses from their own homes while effectively capitalizing on the performance of some of the world's most rapidly expanding, in-demand markets. To date, Laguna's primary focus has been on the hyper growing hemp food and beverage marketplace. As part of these efforts, the company introduced Caffe, a hemp-infused instant coffee product, and is preparing to launch Pro369, a water soluble hemp protein powder.
As a network marketing company, Laguna is strategically positioned to grow very quickly following its entry into the rapidly expanding hemp market space. In early March 2016, the company gave prospective shareholders a preview of this potential when it launched sales of its protein coffee beverage through 135 independent affiliates throughout the United States and Canada. In less than a week, Laguna's affiliate base grew by more than 100 percent to include 278 independent marketers, demonstrating the high levels of demand for functional beverage products across North America, as well as the considerable interest in the viable business opportunity Laguna presents to its affiliates.
Through the commercialization of Caffe and Pro369, Laguna is establishing a foothold in two high-demand global markets. According to reports from the Coffee Association of Canada (CAC), coffee is consumed by a larger proportion of adults than any other beverage, excluding water. In recent years, the emergence of energy drinks has slowed the coffee industry's performance, but the single cup serving market, of which Caffe is a part, has maintained steady growth, rising above 32 percent market share as of January 2014, according to Mintel Research. With a product in this space - as well as the global hemp industry, which was valued at nearly $500 million in 2012 by the Hemp Industries Association - Laguna's initial offerings position it strongly for sustainable growth.
With growth through its marketing network already underway, Laguna has turned its attention toward further expansion of its product line. In March 2016, the company signed a letter of intent with Robert Lamberton Consulting regarding the development of a "Limitless functional beverage brain health and memory coffee" product. Under the terms of this LOI, all hard costs associated with the development of the product will be billed to Robert Lamberton Consulting. The two parties are expected to enter into a formal research and development agreement outlining the details of this arrangement in the second quarter of 2016.
Laguna is the first network marketing Company to use exciting virtual 3D technology to enable affiliates to train, recruit and drive sales by utilizing a simple interactive platform. Laguna believes this technology is a game changer in the Direct Selling / Network Marketing Industry. Disclaimer
Laguna Blends Inc. Company Blog
Laguna Blends Inc. News:
Laguna Blends, Inc. (LAGBF) Announces Engagement of QualityStocks Corporate Communications Suite
Laguna Blends Inc. Announces Mr. Ray Grimm Jr. as New President
Laguna Blends, Inc. (LAGBF) CEO Featured in Exclusive QualityStocks Interview
Moxian, Inc. (MOXC)
The QualityStocks Daily Newsletter would like to spotlight Moxian, Inc. (MOXC). Today, Moxian, Inc. closed trading at $3.80, up 8.57%, on 1,400 volume with 4 trades. The stock’s average daily volume over the past 60 days is 635, and its 52-week low/high is $3.50/$6.50.
Moxian, Inc. (MOXC) engages in the business of providing social marketing and promotion platforms designed to help merchants accelerate and advertise their business growth through social media. These products and services enable merchants to run targeted advertising campaigns and promotions, and aim to enhance the interaction between users and merchant clients by using consumer behavior data compiled from the Moxian database of user activities. The company has two primary core products: Moxian+ User App and Moxian+ Business App.
Developed in Shenzhen, China, Moxian integrates social media, entertainment and business intelligence. The Multi-Channel Social Commerce Platform, which includes a variety of tools such as Moxian's proprietary Social Customer Relationship Management (SCRM) system, generates knowledgeable data for merchants. This way, consumers and businesses are able to connect and interact with one another to achieve the concept of "online lifestyle, offline fun."
Moxian+ User App serves as an App driven for consumer users to use the platform, consisting of our proprietary virtual currency (MO-Coin and MO-Points), social networking, redemption centre and game centre. Users can earn MO-Coins by playing games, and then use those coins to redeem prizes sponsored by Moxian and client merchants. This model not only drives registered consumers to Moxian and merchant, but also provides merchants the opportunity to advertise, run marketing campaigns, and learn about their customers through the Platform.
Moxian+ Business App is an independent App with built in Social Customer Relationship Management tool built for merchants. Merchants are able to set up a store on the Moxian platform through this business App, push promotions via a variety of methods offered on the platform and look at generated report customized to their own shop.
Moxian's management team has more than 100 years of combined experience in a variety of pertinent endeavors, including management of private and public enterprise, multi-national organizations, quality, engineering and procurement, finance, marketing, communication and more. Together, Moxian's management team is effecting the company's aim to create and lead a personalized social network platform that best fits users and businesses. Disclaimer
Moxian, Inc. Company Blog
Moxian, Inc. News:
Moxian Adopts Oracle Database Solutions to Support the Latest Payment and Transaction Platform, Enabling Intelligent Big Data
Moxian Enters Into Exclusive Agreement and Development Partnership With Xinhua Media Affiliate
Moxian, Inc. Covered by Crystal Equity Research
OurPet's Company (OPCO)
The QualityStocks Daily Newsletter would like to spotlight OurPet's Company (OPCO). Today, OurPet's Company closed trading at $0.85, up 4.94%, on 23,784 volume with 20 trades. The stock’s average daily volume over the past 60 days is 6,404, and its 52-week low/high is $0.60/$1.06.
OurPet's Company (OPCO) develops, produces and markets various pet accessory and consumable products designed to awaken pets' natural instincts, be it in feeding, playing or waste management. Sold globally through pet specialty retailers, food, drug and mass chains, e-commerce and international channels, the company's products are marketed under a the OurPets®, Pet Zone® and PetTastic® brands with well-known sub-brands such as Play-N-Squeak™, Cosmic Catnip™, Durapet, SmartScoop and Flappy. In total, OurPet's has an intellectual property portfolio featuring more than 160 individual patents, giving the company sustainable access to the pet products industry for the foreseeable future.
In recent years, the U.S. pet products and services market has experienced strong growth, with total sales accounting for approximately $73 billion in 2014, according to a report by Packaged Facts. In 2015, this strong performance is expected to continue, building on the recent rise in related ecommerce purchases, as well as an uptick in dog and cat ownership throughout the country. In order to capitalize on this market performance, OurPet's maintains an ongoing new product development program to continually keep an evolutionary and revolutionary new product pipeline feeding its offerings. In July 2015, OurPet's introduced many new products at the national Super Zoo trade show in Las Vegas such as the Catty Whack®, Designer Diner™/Barking Bistro™ and the Zoom Plume™.
The company's capitalization strategy is guided by a management team of experienced industry professionals dedicated to further strengthening its product portfolio through aggressive development of innovative products. Management has a proven track-record of leveraging deep knowledge in the innovation, technology, distribution and pet markets to successfully push through adverse market conditions to achieve increases in revenue, margins and net income.
OurPet's, through its innovative and extensive line of popular pet products, is in a favorable strategic position to continue building upon its recent market growth. For prospective shareholders, this positioning makes the company an intriguing investment opportunity in the months to come. Look for OurPet's to capitalize on steady market performance moving forward, providing an opportunity for the company to realize strong investor returns in the future. Disclaimer
OurPet's Company Company Blog
OurPet's Company News:
OurPet’s Company Reports Record 2016 First Quarter Results
Ourpet's Company Reaches a Settlement With Competitor Over Durapet(R) Patents
OurPet's Company Unveils New Innovative Products at Global Pet Expo 2016
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $1.62, up 2.73%, on 4,100 volume with 5 trades. The stock’s average daily volume over the past 60 days is 5,885, and its 52-week low/high is $1.10/$9.99.
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, Inc. (MKGI) Announces Engagement of DreamTeamNetwork Corporate Communications Service Suite
Monaker Groups Booking Technology Unlocks Specialty Lodging Inventory
Monaker Group Engages Primero Systems, a Globally Recognized Award-Winning Technology Solutions Provider
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