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The QualityStocks Daily Newsletter for Wednesday, August 10th, 2016

The QualityStocks
Daily Stock List

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U-Vend, Inc. (UVND)

SmallCapVoice, OTPicks, Stocks To Watch, Penny Stock Beats, MyBestStockAlerts, PennyStockInformer, PennyStockLaboratory, PennyStocks24, Penny Champions, Penny Dreamers, and Wallstreet Profiler reported earlier on U-Vend, Inc. (UVND), and we are reporting on the Company today, here at the QualityStocks Daily Newsletter.

U-Vend, Inc. is a consumer products and automated retailing company. It creates, markets, and also sells inventive ice cream and related food products that are distributed to retail markets using different next-generation self-serve electronic kiosks throughout North America. U-Vend owns and operates kiosks. In essence, U-Vend develops, distributes, and markets next-generation self-serve electronic kiosks and merchandisers with a digital advertising component. The Company has partnered with numerous national consumer product companies to deliver new and unique customer retail experiences in automated frictionless settings.

U-Vend lists on the OTC Markets Group’s OTCQB. Established in May of 2009, the Company has its corporate headquarters in Santa Monica, California. U-Vend USA LLC established in April of 2010. As of December 31, 2015, U-Vend had an installed base of 23 kiosks in the greater Chicago, Illinois area; 82 kiosks in the southern California area; and 22 kiosks in the Las Vegas area.

U-Vend has four market segments: Environmental, Retail, Service, and Mall/Airport Islands. U-Vend’s emphasis is Environmental and Retail. It has designed a Mall and Airport Multipurpose Island. U-Vend took many of its Self-Serve kiosks and bundled them into an "island", all in one central location. This has created a destination concept within a mall and/or airport setting. The island is always associated with a co-branding anchor as part of the complete concept.

U-Vend’s customer base consists of retail installations, co-branding partnerships, direct sales, and also the general population wanting to own their own business. U-Vend end-users include national chains, independent owner operators, big box stores, restaurants, malls, airports, casinos, universities, and colleges, among others. The Company offers low-cost investment with high return potential.  

The design of all U-Vend kiosks have been to be especially technology-savvy. In some cases kiosks are wireless, managed on line 24/7, and accept credit and debit cards. In Retail kiosks, a touch screen catalogue is provided for customers to scroll through and review all products being provided in the kiosk.

In January 2016, U-Vend announced that it opened a custom kiosk and product supply depot located in Oakville, Ontario. This location is U-Vend's fourth depot and the first outside of the United States.

U-Vend has its Frozen Pond Ice Cream, where one can collect all 30 NHL (National Hockey League) team sticks. This product is the official ice cream of the NHL.

Today, U-Vend announced a multi-year licensing agreement with Major League Baseball (MLB). This agreement will significantly increase its North American mark via the sale of MLB Premium Ice Cream products. These products are scheduled for availability later in 2016. Consumers will be able to buy baseball-modeled premium ice cream, each sold with an MLB team-branded collector bat, from select convenience and national retail stores across the United States.

U-Vend, Inc. (UVND), closed Wednesday's trading session at $0.152, up 38.18%, on 307,490 volume with 103 trades. The average volume for the last 60 days is 3,719 and the stock's 52-week low/high is $0.03/$0.24.

PetLife Pharmaceuticals, Inc. (PTLF)

TopPennyStockMovers, PHUB News, DSR News, SixFigureStockPicks, Winning Penny Stock Picks, Penny Stock Circle, 1-2-3 Stock Alerts, StockMister, Fortune Stock Alerts, RisingPennyStocks, Super Hot Penny Stocks, PennyStockMoneyTrain, WePickPennyStocks, Liquid Tycoon, Penny Stock Pick Alert, Penny Stock Pick Report, PennyPickAlerts, Super Nova Stock Picks, Joe Penny Stocks, FOX Penny Stocks, Wall St Report, smartOTC, and OTC Markets Group reported earlier on PetLife Pharmaceuticals, Inc. (PTLF), and we also highlight the Company, here at the QualityStocks Daily Newsletter.

PetLife Pharmaceuticals, Inc. is a developer of new generation high potency veterinary cancer medications and nutraceuticals for pets. PetLife is a registered US Veterinary Pharmaceutical company. Incorporated in 2012, the Company is a spinoff of Medolife Corp. Its management team consists of experts and professionals in the veterinary, business, sales and management fields.  PetLife Pharmaceuticals is headquartered in Beverly Hills, California.

The Company’s main goal is to develop a new generation of scientifically proven, potentiated bioactive medications and nutraceuticals and bring them to the world of veterinary oncology. The marketing and selling of the products is under the name Escozine For Pets™.

Escozine for Pets™ is based on the same patented 'Escozine for humans' formula that has been sold by affiliate Medolife in 40 countries, using a patented polarization technology, which potentiates the primary ingredients to considerably increase their effectiveness. Escozine for Pets™ is a natural supplement. It contains 59 essential minerals extracted, isolated, and purified by modern technologies. The exclusively owned polarization technology is utilized to augment the molecular activity for the highest potency at a cellular level.

The innovative feature of PetLife Pharmaceuticals’ nutraceutical, Escozine for Pets™, is that it is produced with a patented process that strengthens and potentiates the function of its active ingredients to significantly support overall health and substantially restore normal cellular functions.

The Escozine for Pets™ GNP-1 drug version is Escozine for Pets™ combined with gold nanoparticles, which will enhance the effectiveness and increase the targeting capability of the product. The Escozine for Pets™ – nutraceutical (natural) version will be the initial product to be marketed and sold. The polarized core ingredients in PetLife’s products have been demonstrated as a preventative and a treatment of cancer to improve quality and extend longevity of life, as an alternative to conventional chemotherapy.

At the beginning of this month, PetLife Pharmaceuticals announced that it held its first investor conference for medical professionals in Maryland. Dr. Ralph Salvagno, PetLife Pharmaceuticals’ Chief Executive Officer, presented an introduction to the Company’s “Escozine for Pets™”. This is a patented, polarized bio-active peptide extracted from the Blue Scorpion (Rhopularus Princeps).

“It was a wonderful opportunity to present Petlife Pharmaceuticals to my medical colleagues. The turnout was great and I am very pleased at the reception to our investment opportunity. Based upon my own research and talking to scientists, veterinarians and pet owners I am confident that we are providing a solution to a{n} unmet need in Veterinary Oncology….”

PetLife Pharmaceuticals, Inc. (PTLF), closed Wednesday's trading session at $0.16, up 23.08%, on 52,203 volume with 13 trades. The average volume for the last 60 days is 37,521 and the stock's 52-week low/high is $0.015/$0.20.

ChineseInvestors.com, Inc. (CIIX)

Stock Brain, HEROSTOCKS, PREPUMP STOCKS, Damn Good Penny Picks, Penny Stock Newsletter, Penny Picks, and PennyStocks24 reported earlier on ChineseInvestors.com, Inc. (CIIX), and we also highlight the Company, here at the QualityStocks Daily Newsletter.

ChineseInvestors.com, Inc. provides Web-based real-time financial information in the Chinese language for the Chinese population in the U.S. and globally. The Company provides its services through its Websites, as well as through customer support personnel at its telemarketing and customer service centers. ChineseInvestors.com was established in 1999. The Company has offices in Arcadia, California; Denver, Colorado; and Shanghai, People’s Republic of China.

ChineseInvestors.com provides real-time market commentary, analysis, and educational related services in the Chinese language character sets (traditional and simplified). In addition, the Company provides support services to its various partners. Moreover, it provides consultative services to smaller private companies considering becoming a public company, and advertising and public relation related support services. Additionally, it provides other services it may identify having the potential to create value or partnership opportunities with its existing services.

ChineseInvestors.com provides various subscription services. This includes information about U.S.-listed companies; real-time analysis and tracking of U.S. stock market quotations; trend analysis of the market and individual sectors; and access to a sample investment portfolio for educational simulation relative to individual stock research. It also provides real-time trading demonstrations of various trading techniques.

ChineseInvestors.com also provides educational demonstrations to its subscribers on how to evaluate different investments via fundamental and technical analysis; education materials; option investment and trading subscription services; dark horse subscription services, which center on U.S.-listed small-cap stocks; general content production services; and Website based advertising services. It also provides general corporate support services; and stocks and research tools.

ChineseInvestors.com has opened its ChineseInvestors.com Online Trading Education Institute. This is the first equity trading school for Chinese-language speakers in the U.S. The ChineseInvestors.com Online Trading Education Institute has two sessions of courses - onsite and online. Courses include a Beginner Class for the U.S. Stock Millionaire Club, a CandleStick Chart Class, and more.

ChineseInvestors.com launched a Stock Market Live Stream VIP Service in June of this year. The Stock Market Live Stream VIP Service has been very popular with the Chinese-speaking investor community. This popularity has enabled the Company to book record monthly subscription revenues for the month of July 2016. In January of 2016, ChineseInvestors.com's membership revenues hit a record high. Furthermore, in six months the company has exceeded those levels.

ChineseInvestors.com, Inc. (CIIX), closed Wednesday's trading session at $0.36, up 35.34%, on 134,932 volume with 49 trades. The average volume for the last 60 days is 3,919 and the stock's 52-week low/high is $0.12/$0.42.

CIB Marine Bancshares, Inc. (CIBH)

Stock Traders Chat reported previously on CIB Marine Bancshares, Inc. (CIBH), and we report on the Company today, here at the QualityStocks Daily Newsletter.

Incorporated in 1985, CIB Marine Bancshares, Inc. operates as the bank holding company for CIBM Bank. The Bank provides banking and related services for small and middle-market business customers. CIB Marine Bancshares has its headquarters in Waukesha, Wisconsin. Moreover, it has offices in the Central and Northeastern Illinois, Milwaukee, and Indianapolis markets. The Company lists on the OTC Markets Group’s OTCQB.

The traditional banking services that CIBM Bank offers includes an extensive spectrum of loan products. These include commercial loans, commercial real estate loans, commercial and residential construction loans, one-to-four family residential real estate loans, consumer loans, and commercial and standby letters of credit. In addition, services offered include acceptance of demand, savings and time deposits; commercial paper and repurchase agreements, and other banking services.

CIBM Bank operates as Marine Bank in its Indiana and Wisconsin markets, Central Illinois Bank in its central Illinois market, and Avenue Bank in its Chicagoland market. Located in Naperville, Illinois, the Avenue Mortgage division of the Bank serves all CIBM Bank markets. The Company operates by way of Banking and Mortgage Banking segments. It accepts demand, savings, as well as time deposits.

Last month, CIB Marine Bancshares announced its results of operations and financial condition for Q2 2016. Net Income for the quarter was $1.2 million or $0.07 basic earnings per share (EPS). For the six months ending June 30, 2016, it was $2.1 million or $0.12 per share. EPS on a diluted basis for the same quarter and six-month period were $0.03 and $0.06, correspondingly. This reflects a considerable increase over the prior years’ results for the same periods.

Some highlights for the quarter include Net Income for subsidiary CIBM Bank of $1.4 million for Q2 and $2.1 million for the six months ending June 30, 2016; versus $0.1 million and $0.3 million for the same periods of last year, respectively. Net Interest Income increased $0.5 million for Q2 and $1.1 million for the six months ending June 30, 2016, relative to the same periods of the year prior. This was mainly because of an increase in average loan balances. Non-interest income increased $1.4 million for Q2 and $2.0 million for the six months ending June 30, 2016, relative to the same periods of 2015.

CIB Marine Bancshares, Inc. (CIBH), closed Wednesday's trading session at $1.13, up 2.73%, on 28,864 volume with 27 trades. The average volume for the last 60 days is 10,900 and the stock's 52-week low/high is $0.27/$1.10.

Iberian Minerals Ltd. (SLDRF)

Stock News Now reported earlier on Iberian Minerals Ltd. (SLDRF), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.

Iberian Minerals Ltd. is a junior mining company listed on the OTCQB. The Company is positioned for growth through the partnership of advanced cash flow mining opportunities using the Mineworx environmentally friendly toll-processing technology. Mineworx’s goal is to become a low-cost producer of precious metals in an environmentally responsible, sustainable and profitable manner by using innovative technologies and expertise. Iberian Minerals is based in Edmonton, Alberta.

With the 100 percent acquisition of Mineworx Technologies, Iberian Minerals has entered a new model in gold mining. Mineworx is an innovative technology Company. It has developed HM X-tract, a patent-pending environmentally friendly, portable, heavy mineral extraction unit for the mining sector. Mineworx has filed for patents on its proprietary HM X-Mill grinding technologies. The HM X-Mill is an energy-efficient mineral grinding mill developed by Mineworx Technologies Inc., a wholly-owned subsidiary of Iberian Minerals.

The Company entered into a new model in gold mining via its 100 percent wholly-owned subsidiary’s acquisition of the Mineworx Technologies’ innovative, patent pending mining/extraction process and a unique new business model for the mining sector. In addition, Iberian Minerals is implementing its business strategy of actively engaging its Spanish contacts and technical team towards the further accumulation of high interest assets all through the mineral rich Iberian Peninsula.

The Company’s current Spanish assets include the Aroche Wollastonite Project in the Province of Huelva, southwestern Spain; the Caurio Gold Mining Project in the Rio Narcea Gold Belt in Asturias, northern Spain; and the Cehegin Magnetite Iron Ore Project in southeastern Spain.

Regarding the Aroche Wollastonite Project, Iberian Minerals holds an option to purchase the Aroche Wollastonite project totaling 150 Ha. Pertaining to the Caurio Gold-Copper-Silver Project, the Company holds an option to purchase 95 percent of nine concessions, totaling 3,413 Ha. Concerning the Cehegín Iron Ore Project, it lies within an area of well-developed infrastructure with excellent logistics. This includes hydro, water, and access to railway, highways and also deep water port/facilities.

Iberian Minerals announced in May of this year that its 100 percent wholly-owned subsidiary, Mineworx USA, Inc. signed an Agreement with Vulture Peak Gold, Inc. (VPG), who are presently operating a hard rock gold processing plant on location. The historic gold property is about 275 contiguous acres and situated at Wickenburg, Arizona, around 70 miles northwest of Phoenix. Moreover, in June, Iberian Minerals announced that Mineworx signed an Operating Agreement and Option to Purchase with Iftiger Trust on the Foothill Gold Mine. This 20.6-acre previously producing gold mine is near the city of Kingman in the Maynard Mining District, Mohave County, northwestern Arizona.

Last month, Iberian Minerals announced that it filed a patent with the United States Patent and Trademark Office (USPTO) for its HM X-leach. This is a proprietary, environmentally-friendly, non-cyanide based leach formula for the extraction of precious metals from ores, concentrates, tailings and electronic waste (e-Waste). A new 100 percent owned subsidiary, HMX Solutions Ltd., was created to pursue commercial opportunities for this product.

Iberian Minerals Ltd. (SLDRF), closed Wednesday's trading session at $0.0587, up 13.54%, on 41,200 volume with 13 trades. The average volume for the last 60 days is 33,824 and the stock's 52-week low/high is $0.0317/$0.085.

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The QualityStocks
Company Corner

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WRIT Media Group, Inc. (WRIT)

The QualityStocks Daily Newsletter would like to spotlight WRIT Media Group, Inc. (WRIT). Today, WRIT Media Group, Inc. closed trading at $0.18, up 12.43%, on 28,559 volume with 15 trades. The stock’s average daily volume over the past 60 days is 109,023, and its 52-week low/high is $0.13/$1.50.

WRIT Media Group, Inc. (WRIT) is a diversified media and software company focused on expanding in the digital media industry. The company specializes in production and distribution; video game distribution via mobile platforms; and digital currency software development, including trading platforms and Blockchain solutions. WRIT's current portfolio includes Front Row Networks, Retro Infinity, Amiga Games and Pandora Venture Capital.

Front Row Networks is a content creation company that produces, acquires and distributes live event programming for initial worldwide digital broadcast into digitally enabled movie theaters and online streaming.

Software company Amiga Games is resurrecting the Amiga brand by publishing popular retro video games of the past for use on today's smartphones, modern game consoles, micro-consoles, PCs, and tablets.

Retro Infinity, Inc. serves as a video game distribution portal which publishes video games from Amiga, Atari, and other retro brands. The company leverages these platform and classic game brands, coupled with proprietary technologies, to create new revenue from dormant game libraries.

Pandora Venture Capital is a software developer with a focus on digital currency technologies, including a cryptocurrency trading platform, a new generation of cryptocurrency, and Blockchain technology solutions. Blockchain technology is emerging as a useful technology solution in payment processing, loyalty rewards, healthcare record management, insurance, and legal contracts management.

Together with its subsidiaries, WRIT Media Group is focused on benefitting from the widespread market growth and increased demand for alternative theatrical, mobile and interactive content, as well as digital currency. Disclaimer

WRIT Media Group, Inc. Company Blog

WRIT Media Group, Inc. News:

WRIT Media Group Announces New Funding Round

WRIT Media Group Announces Development of Blockchain-Based Payment Systems

WRIT Media Group Details Pandora Venture Capital Corp. Acquisition

International Stem Cell Corp. (ISCO)

The QualityStocks Daily Newsletter would like to spotlight International Stem Cell Corp. (ISCO). Today, International Stem Cell Corp. closed trading at $2.07, up 4.55%, on 1,484 volume with 20 trades. The stock’s average daily volume over the past 60 days is 4,011, and its 52-week low/high is $1.50/$6.95.

International Stem Cell Corp. (ISCO) specializes in the therapeutic applications of human stem cells and the development and commercialization of cell-based biomedical products. The company was the first to develop and perfect a new class of human stem cells called parthenogenetic stem cells, created from unfertilized human eggs. ISCO has a strong patent portfolio offering clean intellectual property and freedom to operate. The company’s stem cells present superior immune matching capabilities and can be used in millions of people regardless of sex or racial background, with minimal expectation of immune rejection after transplantation.

The company’s human stem cells have been shown to be as pluripotent as embryonic stem cells, however their creation does not involve the destruction of a viable human embryo, which effectively sidesteps the controversy and ethical dilemmas associated with the use of human embryonic stem cells. In contrast to induced pluripotent stem cells, ISCO’s stem cells do not involve manipulation of cells’ genome thereby avoiding potential safety and regulatory obstacles in clinical applications.

The company's scientists are currently focused on using its stem cells to treat severe unmet medical needs of the central nervous system (Parkinson’s disease), the liver and the eye, where cell therapy has been clinically proven but is limited due to the unavailability of safe human cells. Once the technology has been clinically validated there are an essentially unlimited number of potential applications. Because of their immune-matching ability a relatively small number of these stem cell lines could offer the potential of producing the first true stem cell bank as a means of serving populations of different immune types across the globe.

In addition to its therapeutic focus, ISCO also provides a growing revenue stream through two wholly owned subsidiaries. Lifeline Cell Technology specializes in producing primary human cells and growth media for biological research, and Lifeline Skin Care, the company manufactures and markets advanced anti-aging skincare products utilizing the company’s expertise in stem cell biology. Disclaimer

International Stem Cell Corp. Company Blog

International Stem Cell Corp. News:

International Stem Cell Corporation Announces Successful Cell Transplantation for the First Patient in Phase 1 Clinical Trial of ISC-hpNSC

International Stem Cell Corporation Announces Publication of Preclinical Results Demonstrating Treatment of Parkinson's Disease in Cell Transplantation

Cryoport to Provide Cold Chain Logistics Support for International Stem Cell Corporation's Phase I Clinical Trial for the Treatment of Parkinson's Disease

OurPet's Company (OPCO)

The QualityStocks Daily Newsletter would like to spotlight OurPet's Company (OPCO). Today, OurPet's Company closed trading at $0.88, up 1.73%, on 3,700 volume with 2 trades. The stock’s average daily volume over the past 60 days is 3,716, and its 52-week low/high is $0.631/$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 Results for 2016 Second Quarter

OurPet's Company (OPCO) Has a New Natural Solution to Your Cat Litter Woes

OurPet's Company Now Licensing Polymer Bonded Pet Bowl Patent

Star Mountain Resources, Inc. (SMRS)

The QualityStocks Daily Newsletter would like to spotlight Star Mountain Resources, Inc. (SMRS). Today, Star Mountain Resources, Inc. closed trading at $0.31, even for the day, on 12,500 volume with 2 trades. The stock’s average daily volume over the past 60 days is 3,926, and its 52-week low/high is $0.30/$1.14.

Star Mountain Resources, Inc. (SMRS), a minerals exploration company, is focused on acquiring and consolidating mining claims, mineral leases, producing mines, and historic mines with production and future growth potential identified through exploration efforts. The company's operations are currently focused on the initiation, production and expansion of acquired mineral resources in the Star Mountain Mining District, Beaver County, Utah and turning them into producing assets.

Comprised of 2,320 acres, the company's Star Mountain/Chopar Mine project consists of 116 lode-mining claims and four metalliferous mineral lease sections located in the Star Mountain range, Star Mining District, in Beaver County, Utah, approximately five miles west of Milford, Utah. Exploration activities to date include geological analysis, and a limited reverse circulation & core drilling program.

The Star Mountain Mining District, which is dotted with historic mines dating back to the late 1800s, has a long and storied history within the mining industry. The company believes that the application of modern exploration tools will reveal additional resources that were previously unattainable. Leveraging the region's mild climate and accessibility to nearby rail lines and roads, management will look to translate this potential into sustainable returns in the years to come.

Star Mountain Resources has adopted a discovery-based business model to grow its industry presence in the future. The company plans to thoroughly explore and initially develop its leasehold before seeking senior industry partners to assist in the capital-intensive development and operation phases. Building on this strategy, Star Mountain Resources will also continue to seek quality projects that can be evaluated on their own technical and financial merit. Disclaimer

Star Mountain Resources, Inc. Company Blog

Star Mountain Resources, Inc. News:

Star Mountain Resources Subsidiary Secures $500,000 Loan From a New York Public Benefit Trust

Star Mountain Resources Receives Industry Guide 7 Mineral Reserves Report on Balmat Mine

Star Mountain Resources, Inc. Closes Acquisition of Balmat Zinc Mine in New York State

FlexWeek (FXWK)

The QualityStocks Daily Newsletter would like to spotlight FlexWeek (FXWK). Today, FlexWeek closed trading at $0.555, even for the day. The stock’s average daily volume over the past 60 days is 43, 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 News:

FlexWeek, Inc. (FXWK): Stay in Vacation Homes around the World for Less than the Cost of Hotels

FlexWeek, Inc. (FXWK) Announces Engagement of QualityStocks Corporate Communications Suite

FlexWeek, Inc. (FXWK) is “One to Watch”

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