Daily Stock List
Loop Industries, Inc. (LLPP)
We are reporting on Loop Industries, Inc. (LLPP) today, here at the QualityStocks Daily Newsletter.
Established in 2014, Loop Industries, Inc. is an environmentally responsible manufacturer of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG). These are the basic chemical components used in manufacturing polyethylene terephthalate (PET). Loop Industries is based in Los Angeles, California.
The Company’s industrial quality chemicals are made from 100 percent recycled PET plastic. Its proprietary process sustainably changes waste plastics into high purity PTA and EG. This makes it environmentally friendly, sophisticated in its functional simplicity, and also very efficient reaching a recovery rate of almost 100 percent.
PET plastic is most frequently found in beverage bottles, consumer packaging, and polyester fiber. Loop Industries' proprietary process sustainably transforms waste plastics into high purity PTA and EG, which can be used to create up to 100 percent recycled food grade PET resin. This commercial grade PET resin can be used in an array of bottling, consumer packaging and other industrial applications.
Loop Industries’ products include the aforementioned Purified Terephthalic Acid. This is an organic compound and this white powder is a commodity chemical used primarily as a forerunner to polyethylene terephthalate (PET) plastic. The Company’s products also include the above-mentioned Ethelyne Glycol. This is an organic compound. It is mainly used as a raw material in the manufacture of polyester fibers and polyethylene terephthalate resins (PET). Moreover, a small percent is utilized in industrial applications, including antifreeze formulations and other industrial products.
Also, Loop Industries’ products include PET Resin. The Loop Process can use previously unrecyclable mixed plastics as a feedstock, considerably reducing the production cost of its PTA and EG end-products, which can undergo re-blending into high quality food-grade PET.
The Company’s Pilot plant is completed and has been operational since December of 2015. This facility was built to further validate Loop's depolymerization technology and to demonstrate its ability to scale production of sustainably produced Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG) to commercials levels.
In July 2016, Loop Industries announced that it received a positive opinion letter from its Food and Drug Administration (FDA) counsel confirming that Loop’s proprietary depolymerization technology enables a tertiary recycling process, which the FDA has determined will result in the production of monomers and oligomers, which are sufficiently pure to produce new polymers that can then be readily purified to produce a finished polymer that is "suitable for food-contact use."
Loop Industries, Inc. (LLPP), closed Tuesday's trading session at $3.90, down 13.14%, on 2,200 volume with 2 trades. The average volume for the last 60 days is 1,742 and the stock's 52-week low/high is $2.75/$6.90.
OncBioMune Pharmaceuticals, Inc. (OBMP)
Otcstockexchange, Whisper from Wall Street, Journal Transcript and MissionIR reported earlier on OncBioMune Pharmaceuticals, Inc. (OBMP), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
OncBioMune Pharmaceuticals, Inc. is a clinical stage biopharmaceutical company listed on the OTC Markets’ OTCQB. It engages in the development of novel cancer products and a proprietary vaccine technology. The Company has a proprietary Vaccine Technology designed to stimulate the immune system to attack its own cancer while not hurting the patient. OncBioMune Pharmaceuticals incorporates scientifically proven and clinically validated treatments for cancer. The Company has its corporate headquarters in Baton Rouge, Louisiana.
Dr. Jonathan Head, Ph.D. is the Chief Executive Officer (CEO) and Chairman of OncBioMune Pharmaceuticals. He has been instrumental in the development of the Company’s new chemotherapy and immunotherapy programs.
OncBioMune’s lead product is ProscaVax™ - its novel cancer vaccine for prostate cancer. ProscaVax is now undergoing evaluation in a Phase 1 clinical study at the University of California San Diego Moores Cancer Center and Veterans Hospital in La Jolla, California, funded in part by the Department of Defense US Navy Cancer Vaccine Program. Additionally, OncBioMune has a portfolio of targeted therapies. Some of these are biosimilars to blockbuster drugs.
The expectation is that a Phase 2/3 trial of ProscaVax will begin enrollment in the near future in Mexico via a Joint Venture (JV) with Vitel Laboratorios, S.A. de C.V. evaluating ProscaVax for the treatment of PSA recurrent prostate cancer in hormone-naïve and hormone-independent patients. Furthermore, a Phase 2 trial is planned to be initiated this year at Beth Israel Deaconess Medical Center and partners to evaluate ProscaVax in prostate cancer patients in the "active surveillance" category.
The Company has developed the therapeutic cancer vaccine for prostate cancer patients using similar techniques developed for breast cancer patients. OncBioMune Pharmaceuticals states that it is tested and laboratory proven and that it could become the standard of care for prostate cancer treatment. OncBioMune Pharmaceuticals uses patented technology developed and or acquired by the Company.
In February of this year, OncBioMune Pharmaceuticals reported positive results from its Phase 1 clinical trial of ProscaVax™. The trial is hosted at the University of California San Diego Moores Cancer Center and the Veterans' Hospital, La Jolla, California, to evaluate the safety and efficacy of ProscaVax™ in patients with recurrent disease. This is defined as rising Prostate-Specific Antigen (PSA) after initial treatment (surgery, radiation, or brachytherapy/radioactive seeds).
This month, OncBioMune Pharmaceuticals announced that it is in discussions to acquire Vitel Laboratorios S.A. de C.V. Vitel is a Mexico-based pharmaceutical company. It develops and commercializes high specialty drugs in Mexico and other Latin American countries. Vitel has a drug portfolio that includes 12 drug candidates licensed for the Mexican markets.
OncBioMune Pharmaceuticals, Inc. (OBMP), closed Tuesday's trading session at $0.20, up 9.89%, on 4,900 volume with 3 trades. The average volume for the last 60 days is 39,405 and the stock's 52-week low/high is $0.10/$8.50.
Intellinetics, Inc. (INLX)
We are reporting on Intellinetics, Inc. (INLX) today, here at the QualityStocks Daily Newsletter.
Intellinetics, Inc. is an Enterprise Content Management (ECM) software company based in Columbus, Ohio. The Company is a provider of a cloud-enabled document management platform – IntelliCloud™ – optimized for the massive Small to Medium Business (SMB) market segment and business teams within large enterprises. Established in 1994, Intellinetics lists on the OTC Bulletin Board.
The Company centers on cloud-based document solutions for the SMB market. Intellinetics partnered with Intel to create the IntelliCloud Channel Program. This program makes it easy to add turnkey document workflow solutions to the copiers, productivity software and services they already provide.
Intellinetics’ cloud-based computing software is customizable for every client. This makes it applicable to nearly any industry. This includes Healthcare, Financial Services, and Education. Intellinetics provides a low-cost delivery model. This allows fast implementation and reduced storage requirements.
IntelliCloud provides dealers a “deploy once, use many” innovation; one IntelliCloud customer sale/activation creates boundless possibilities to add other software applications that deliver more value and increase revenue.
The IntelliCloud™ Document Workflow Management suite permits Small and Midsize Enterprises (SMEs) to easily capture paper or digital documents and connect them to business processes to reduce costs. This is while increasing accessibility, security, and compliance.
Intellinetics’ emphasis is on IntelliCloud Program growth within three specific partner profiles. One is Office Equipment Dealers (OED) - Copier dealers who also provide value added software, service and technology services. The second is ECM Value Added Reseller (VAR) - Expert ECM software, hardware and service providers. The third is Software Solution Providers - Enterprise Resource Planning (ERP) or other software applications with proprietary IntelliCloud Integration.
Recently, Intellinetics announced the successful launch of its flagship dealer training and marketing platform at www.IntellicloudUniversity.com. IntelliCloud University (IU) is an inventive dealer training gateway. It was created to assist Intellinetics’ sales teams, which mainly sell Multi-Function Printers, Managed Print Services or Managed IT Services, generate more sales through seamlessly adding IntelliCloud document management to their core offerings.
Intellinetics, Inc. (INLX), closed Tuesday's trading session at $0.884, down 1.78%, on 8,220 volume with 11 trades. The average volume for the last 60 days is 3,480 and the stock's 52-week low/high is $0.68/$1.32.
Freestone Resources, Inc. (FSNR)
TopPennyStockMovers reported earlier on Freestone Resources, Inc. (FSNR), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Freestone Resources, Inc. is an oil and gas technology development business. The Company’s goal is to develop new technologies that allow for the utilization of the nation’s extensive resources in an environmentally responsible and cost-effective manner. Its “Petrozene” is an innovative solvent that has been shown to positively affect many aspects of the oil and gas industry. This is from production and storage to end cycle refinement. Freestone Resources is based in Dallas, Texas.
Petrozene is used as an additive. It provides a cost-effective solution for dealing with tanker sludge, paraffin problems, storage tank maintenance, and more. Petrozene superior flow technology is hydrocarbon-based. This allows for a non-contamination use in multiple aspects of oil and gas production and refinement.
Aqueous Services, LLC is a Texas-based joint venture (JV) water management company developed by Freestone Resources, Pajarito W&M, LP, and International Aqueous Investments, LLC, to meet the water requirements of exploration and production companies, as well as other industry partners that are operating in the Eagle Ford area of South Texas.
Freestone Resources is partnering with a company that has extensive experience in the waste-to-energy industry. This includes gasification and pyrolysis technologies similar to those that can be used for the production of Petrozene. Freestone and this company have located numerous sites across North America, which are strategically situated for the expansion of Petrozene.
In June 2015, Freestone Resources and Dynamis Energy, LLC announced a JV intended to vertically integrate the Petrozene product line. With the agreement, Freestone and Dynamis will share resources with the objective of normalizing supply of the chemicals needed for the production and supply of Petrozene. Freestone Dynamis Energy Products, LLC is this JV formed between Freestone Resources and Dynamis Energy to operate specialized pyrolysis technology that will be used in the production of Petrozene.
Freestone Resources announced in March of this year that it began sales of Petrozene by way of its majority-owned venture, Freestone Dynamis Energy Products (FDEP). FDEP was created to commercialize Petrozene, and to control the production process so as to elevate Petrozene to one of the top petrochemicals in its class.
Moreover, Freestone Resources has its prototype Oil Recovery Unit (ORU). It was designed and built to demonstrate the technology’s ability to separate oil from oil sand and oil contaminated soil without the use of water, steam, or hazardous chemicals. The ORU technology was developed, and is wholly-owned by Freestone Resources.
Freestone Resources, Inc. (FSNR), closed Tuesday's trading session at $0.075, even for the day. The average volume for the last 60 days is 21,220 and the stock's 52-week low/high is $0.03/$0.20.
Accelerize, Inc. (ACLZ)
ResearchOTC, StockRockandRoll, PennyStockLocks.com, Planet Penny Stocks, PennyStockProphet, StockOnion, Buzz Stocks, Penny Pick Finders, StockOodles, Greenbackers, and FeedBlitz reported earlier on Accelerize, Inc. (ACLZ), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Accelerize, Inc. provides marketing technology solutions that transform the way advertisers take advantage of their digital advertising data. CAKE is a division of Accelerize and is the Company’s digital marketing software division. CAKE provides a cloud-based solution to track and analyze the performance of digital marketing Return on Investment (ROI), in real-time. Accelerize is based in Newport Beach, California. The Company previously went by the name Accelerize New Media, Inc. It changed its name to Accelerize, Inc. in October of 2014.
Accelerize’s CAKE is a software-as-a-service (SaaS) enterprise platform. It provides online tracking, reporting, lead distribution, and analytics solutions for advertisers, online marketers, affiliate marketers, as well as lead generators. With CAKE, one can track and optimize affiliate traffic. A user can also collect, validate and distribute leads. Furthermore, one can gather and analyze multi-channel data.
Accelerize offers CAKE for Advertisers and CAKE for Networks. CAKE for Advertisers is an SaaS solution. It enables brand advertisers to unify the tracking, attribution, and optimization of digital marketing spend across search, display, email, video, social, affiliate, and other marketing channels. CAKE for Networks is a marketing solution for affiliate networks. CAKE by Accelerize is headquartered in Newport Beach, with operations in New York, London, India, and Sydney, Australia.
In August, Accelerize announced financial results for its fiscal Q2 ended June 30, 2016. Highlights include contractual license fee Revenues increasing to $4.6MM in Q2 2016, up 32 percent year over year. Total Revenue per customer grew 7 percent in Q2 2016 versus the same period in 2015. The Company’s Operating Loss in Q2 2016 narrowed to $(123K), versus an operating loss of $(1.7MM) in Q2 2015.
Moreover, Q2 2016 adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) rose to $519K. This represents a 54 percent sequential increase and an improvement of $1.3MM versus an adjusted EBITDA loss of ($823K) recorded in Q2 of 2015. Accelerize attained further international diversification with 33 percent of overall revenues being derived outside the United States in Q2 2016. This is up from 28 percent in Q2 2015.
Last week, Accelerize and its digital marketing software division CAKE, announced that CAKE continues to strengthen its global presence with an expanding roster of customers headquartered in China and Southeast Asia. This includes EffectMobi, Wewe Media, FashionMIA, Laser Media, Cheaperseeker.com and WiteMedia. For these clients, CAKE's proprietary SaaS platform presently tracks over 58 million actions monthly across numerous channels. These include affiliate, search, social, retail and mobile. This granular data provides insights, which allow them to make real-time, data-driven decisions to maximize digital marketing expenditures.
Accelerize, Inc. (ACLZ), closed Tuesday's trading session at $0.350101, down 7.87%, on 16,450 volume with 10 trades. The average volume for the last 60 days is 19,131 and the stock's 52-week low/high is $0.211/$0.595.
iGambit, Inc. (IGMB)
The QualityStocks Daily Newsletter would like to spotlight iGambit, Inc. (IGMB). Today, iGambit, Inc. closed trading at $0.08, even for the day. The stock’s average daily volume over the past 60 days is 16,888, and its 52-week low/high is $0.015/$0.15.
iGambit, Inc. (IGMB) is a diversified holding company focused primarily on the acquisition of early-stage technology firms with strong growth potential that's easily recognized in the public arena. Leveraging the considerable industry experience of its board of directors and management team, iGambit offers talented entrepreneurs an opportunity to focus their time and energy on building a business instead of searching out investors or raising capital. Following acquisition, iGambit provides the capital and management expertise required to help its partner firms flourish with the intention of 'spinning off' the acquisition to the benefit of both the newly independent business and iGambit shareholders.
One of iGambit's most recent acquisitions occurred in November 2015, when the company added ArcMail to its portfolio. Founded to help clients boost email server performance and satisfy associated regulatory requirements, ArcMail is a leading provider of simple, secure and cost-effective email and enterprise archiving and management solutions. In April 2016, the marketability of ArcMail's technology was highlighted when the firm was selected as a 'Top 20 Enterprise Security Company of 2016' by leading IT publication CIOReview.
At the core of iGambit's business model is its experienced leadership team. John Salerno, chairman of iGambit, is a seasoned executive with more than four decades of experience in the technology industry. In addition to providing consulting services to a wide range of clients, Salerno founded a startup that later became a multi-million dollar business servicing the New York real estate market. In 1996, he cofounded bigVAULT, Inc., an online backup and file-sharing company that later became iGambit following an asset purchase sale with Verizon and Cablevision.
In June 2016, iGambit appointed Rory Welch as its chief executive officer. Welch originally joined the iGambit team through the ArcMail acquisition, bringing more than 20 years of senior management experience spanning multiple industries and global geographies to the company. Prior to serving as ArcMail's president and CEO, Welch managed his own consulting firm, which attracted clients ranging from Fortune 100 companies to mid-market players across a number of industry verticals. Welch also held leadership positions at Movado Group, Inc., as well as Arrow Electronics, where he was responsible for overseeing all aspects of product management for the tech firm's $1 billion Asia-Pacific division. Disclaimer
iGambit, Inc. Company Blog
iGambit, Inc. News:
HubCentrix Inc. and iGambit Inc. Sign Letter of Intent for iGambit Inc. to Acquire the Assets of HubCentrix Inc.
EncounterCare and iGambit Inc. Sign Letter of Intent for iGambit Inc. to Acquire Certain Assets of CyberCare Health Network Inc.
iGambit Names Rory Welch as CEO; John Salerno Remains Chairman
Net Element, Inc. (NETE)
The QualityStocks Daily Newsletter would like to spotlight Net Element, Inc. (NETE). Today, Net Element, Inc. closed trading at $1.17, off by 0.85%, on 137,432 volume with 409 trades. The stock’s average daily volume over the past 60 days is 582,004, and its 52-week low/high is $0.50/$4.60.
Net Element, Inc. today announces that its wholly owned PayOnline subsidiary has signed an agreement with Dunkin' Donuts, enabling payment acceptance for online ordering and delivery services in Russia for one of the world's largest coffee and baked goods chains. Dunkin' Donuts is one of the world's most recognized coffee brands, operating over 11,500 coffee houses in 40 countries and serving more than 3 million customers per day. The company sells 52 varieties of donuts and more than a dozen coffee beverages, as well as an array of bagels, breakfast sandwiches and other baked goods.
Net Element, Inc. (NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprises in the United States and select emerging markets. Leveraging a network of subsidiaries operating in the mobile payments and value-added transactional services space – including Unified Payments, Aptito and PayOnline – Net Element is committed to promoting consistent and strong growth, as illustrated by its position as one of the South Florida Business Journal's 'Top 25 Fastest-Growing Technology Companies'. In the first seven months of 2016 alone, the company realized a 77 percent year-over-year increase in transactional processing volume when discounting the effects of foreign currency exchange.
A major contributor to this sustained growth has been Net Element's PayOnline subsidiary, which offers state-of-the-art payment technologies that are currently employed by more than 3,000 online enterprises across Europe and Asia. To bolster this position, the company has continued to expand its presence in Central Asia, most recently through the opening of a new office in Kazakhstan, the largest country in the region. Since its first anchor project in Kazakhstan in June 2015, PayOnline has entered agreements with more than 180 online merchants in Central Asia, and the region is expected to offer an opportunity for tremendous growth in the coming years as the proliferation of electronic commerce takes hold.
The growth of PayOnline throughout Eurasia has been accompanied by both awards and industry recognition. Independent analytical agency Markswebb Rank & Report ranked PayOnline as a top five payment acceptance company in its 2016 Internet Acquiring Rank report, and a second analytical agency, Tagline.ru, ranked PayOnline as a leading payment gateway in its 2016 Payment Systems Rating. The company's management team attributes this success to PayOnline's "innovative, customer-focused products and services."
Net Element is led by a seasoned management team offering a unique blend of leadership, vision, experience and creative energy. Oleg Firer, the company's chief executive officer, formerly served as the executive chairman of Unified Payments up until its acquisition by Net Element's TOT Group in April 2013. Under his guidance, Unified Payments achieved rapid growth, earning the top spot on Inc. Magazine's list of fastest-growing companies in 2012. As a result, Firer was recognized by Forbes as one of the 'Five Incredible Entrepreneurs' and by Business Leader Magazine as a 'Top Entrepreneur in South Florida'. Disclaimer
Net Element, Inc. Company Blog
Net Element, Inc. News:
Dunkin' Donuts Becomes a Client of Net Element's PayOnline in Russia
Net Element Announces Growth in Transaction Processing Volume
Net Element Named One of the Fastest-Growing Technology Companies in South Florida Business Journal's 2016 Technology Awards
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 $0.3685, up 47.40%, on 1,100 volume with 2 trades. The stock’s average daily volume over the past 60 days is 4,726, and its 52-week low/high is $0.25/$1.10.
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 Reports on Sully Discovery Following Evaluation of Exploration Targets in the Balmat-Edwards Mining District, St. Lawrence County, New York
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
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 $0.08, up 6.67%, on 11,602 volume with 5 trades. The stock’s average daily volume over the past 60 days is 99,464, and its 52-week low/high is $0.075/$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
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $2.75, up 5.77%, on 8,045 volume with 9 trades. The stock’s average daily volume over the past 60 days is 8,554, and its 52-week low/high is $1.10/$5.00.
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 Groups Alternative Lodging Vacation Rentals Gain Exposure to Decision Makers at Over One Million Companies Worldwide
Monaker Group Achieves Key Milestone - Application Program Interface (API) and Booking Engine Complete
Monaker Launches Premium Service for Alternative Lodging Listings
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- eXp World Holdings, Inc. (EXPI) Appoints Industry Veteran as Its New President
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- Laguna Blends Inc. (LAGBF) Announces Inclusion in Canadian Securities Exchange Composite Index
- Monaker Group, Inc. (MKGI) Alternative Lodging Vacation Rentals Gain Exposure to Decision Makers at Over One Million Companies Worldwide
- Net Element, Inc. (NETE) Dunkin' Donuts Becomes a Client of Net Element's PayOnline in Russia
- Oakridge Global Energy Solutions, Inc. (OGES) Announces Top Tier Management Team
- OurPet's Company (OPCO) HLicenses Polymer Bonded Patent
- Singlepoint, Inc. (SING) Provides Update on Corporate Audit and Advancement to OTCQB
- Star Mountain Resources Inc. (SMRS) Reports on Sully Discovery Following Evaluation of Exploration Targets in the Balmat-Edwards Mining District, St. Lawrence County, New York
- WRIT Media Group, Inc. (WRIT) Announces New Funding Round