Daily Stock List
Pure Energy Minerals Limited (PEMIF)
We are reporting on Pure Energy Minerals Limited (PEMIF) today, here at the QualityStocks Daily Newsletter.
OTCQB-listed, Pure Energy Minerals Limited engages in the acquisition, exploration, and development of mineral properties. The Company is a lithium-brine resource developer. Its flagship lithium brine project is situated in Clayton Valley, Nevada, immediately contiguous to North America’s only producing lithium mine (Albemarle’s Silver Peak lithium brine mine). Pure Energy Minerals has its headquarters in Vancouver, British Columbia.
The Company’s Clayton Valley South (CVS) Project contains an inferred mineral resource of 816,000 tonnes of lithium carbonate equivalent (LCE), reported in accordance with Canadian National Instrument 43-101 on July 28, 2015. The Clayton Valley South Project is in Esmeralda County, Nevada, halfway between Las Vegas and Reno.
This Project is a 9,500 Acre Lithium Brine Project. The Clayton Valley lithium deposit is a salty groundwater (brine). It has high levels of lithium contained in a series of aquifers. The brine is ‘mined’ by drilling boreholes into the aquifers and pumping the brine to the surface for lithium removal.
Concerning the Clayton Valley South Project, metallurgical and process studies are underway to better understand the feasibility and economics of employing modern environmentally-responsible processing technology to convert the Clayton Valley South brines into high purity lithium products for new energy storage uses.
Furthermore, Pure Energy Minerals is at the vanguard of new processing technologies for lithium. This is via the Company’s collaboration with global multinational technology partners including Tenova Bateman (Tenova Bateman Technologies).
This month, Pure Energy Minerals announced that it completed a constant-rate pumping test at its newest borehole, CV-3. The test ran continuously for about two days. It included the collection of brine samples along with wide-ranging hydrological data on the aquifers.
The design and supervision of the pumping test was by Pure Energy’s specialist hydrogeological consultants, Montgomery & Associates. The successful test of CV-3 provided vital additional data for Pure Energy’s technical team to advance and refine its understanding of the Clayton Valley South (CVS) lithium resource. The technical data from this test will undergo integration into the upcoming Preliminary Economic Assessment (PEA).
Pure Energy Minerals Limited (PEMIF), closed Friday's trading session at $0.475, down 1.33%, on 81,243 volume with 52 trades. The average volume for the last 60 days is 130,323 and the stock's 52-week low/high is $0.294/$0.911.
InterCloud Systems, Inc. (ICLD)
PennyPro, Promotion Stock Secrets, Marketbeat.com, Broad Street, StocksImpossible, OTCBB Journal, PennyStockProphet, Penny Pick Finders, Stock Onion, Planet Penny Stocks, Buzz Stocks, and BUYINS.NET reported on InterCloud Systems, Inc. (ICLD), and today we report on the Company, here at the QualityStocks Daily Newsletter.
InterCloud Systems, Inc. is a foremost provider of cloud networking orchestration and automation solutions and services. The Company provides the modern day Information Technology (IT) and network solutions to the enterprise markets via cloud computing and professional services. It offers cloud services (SaaS, PaaS, IaaS), professional consulting, data solutions, as well as maintenance services. InterCloud Systems has its corporate office in Shrewsbury, New Jersey.
InterCloud’s mission is to enable carriers to speed up the deployment of Virtualized Network and IT Services. The Company is a top provider of the aforementioned cloud networking orchestration and automation, for Software Defined Networking (SDN) and Network Function Virtualization (NFV) cloud environments to the telecommunications service provider (carrier) and corporate enterprise markets. Its cloud solutions offer enterprise and service-provider clients the opportunity to adopt an operational expense model by outsourcing cloud deployment and management to InterCloud Systems.
InterCloud’s products and solutions include NFVGrid – NFVO Management & Analytics Platform. This is a full scale next generation networking platform for virtualized network functions. NFVGrid is proprietary Intellectual Property (IP); however, it fully embraces Open Source.
Last month, InterCloud Systems announced that it was recently awarded more than $2.6 million in new contracts for professional services for new and existing customers.
Mr. Mark Munro, InterCloud Systems’ Chief Executive Officer, stated in a September 8, 2016 press release, "We announced last week that we have undertaken measures to reduce our operating expenditures, restructure our debt, and divest ourselves of non-core assets. Notwithstanding these cost cutting measures, we continue to drive revenue from legacy IT services as well as new cloud services. InterCloud continues to build revenue from a significant pipeline of potential new business. We are receiving new contracts from some of the world’s largest service providers and enterprise customers and providing solutions as they transition from legacy IT hardware to virtualized networking services."
InterCloud Systems, Inc. (ICLD), closed Friday's trading session at $0.075, up 9.81%, on 791,769 volume with 67 trades. The average volume for the last 60 days is 765,157 and the stock's 52-week low/high is $0.0601/$1.80999.
Gold Lakes Corp. (GLLK)
Penny Picks, Damn Good Penny Picks, Promotion Stock Secrets, PHUB News, DSR News, StockRockandRoll, PennyStockLocks, and Stock Commander reported on Gold Lakes Corp. (GLLK), and we also highlight the Company, here at the QualityStocks Daily Newsletter.
Gold Lakes Corp. is an exploration stage BlueSky enterprise. The Company specializes in acquiring and developing mining assets. Its primary asset is called the "Big Monty" property. It is in the prolific Abitibi Greenstone Belt region, in the Province of Ontario. Gold Lake is in the business of exploring, mining, and developing precious metals, mainly gold. Gold Lakes is based in Beachwood, Ohio.
In May 2016, Gold Lakes announced that Blue Sky Monitoring Service completed its audit and reported that Gold Lakes is now Blue Sky compliant in 39 U.S. states. Blue Sky laws are U.S. state securities laws. They were established to protect investors from fraud. Broker-dealers are legally not permitted to recommend, solicit, or discuss a security with a client unless that security is compliant with the Blue Sky Laws of the state in which the investor resides. These laws are applied along with federal securities laws.
Gold Lakes’ strategy is to identify and acquire prospective properties in well-mineralized mining areas and advancing the properties toward making new discoveries within the Abitibi Greenstone Belt. The Abitibi Greenstone belt is an established gold mining district. Since 1901, it has produced greater than 100 mines and 180 million ounces of gold.
Gold Lake’s Big Monty property is bordered by producing gold mines. The property is positioned within the Porcupine-Destor Fault Zone "PDFZ" and Larder Lake Cadillac Fault Zone. Gold Lakes entered into an earn-in agreement to earn a 100 percent interest in the Big Monty Claims. The Big Monty property comprises 72 mining claim units totaling 2,846 acres.
This past August, Gold Lakes announced it increased its land package within the Abitibi Greenstone belt. It acquired 100 percent interest in 13,008 acres in the Abitibi Greenstone Belt region. The newly acquired land will be called “The Ponderosa”. The Ponderosa property comprises 329 claim units and is in the townships of Frecheville, Stoughton, and the Mistaken Islands of Ontario. This acquisition brings Gold Lakes total land holdings in the area to more than 15,864 acres.
Also in August, Gold Lakes announced that it finalized a Consulting Agreement with Canadian Explorations Services Limited to conduct a mineral exploration program on Gold Lakes’ Big Monty property.
Gold Lakes Corp. (GLLK), closed Friday's trading session at $0.025, up 31.58%, on 407,018 volume with 24 trades. The average volume for the last 60 days is 602,584 and the stock's 52-week low/high is $0.0189/$1.019.
Great Basin Scientific, Inc. (GBSN)
StreetInsider, Trader Power News, MarketClub Analysis, BUYINS.NET, The Weekly Options Trader, Jason Bond, Promotion Stock Secrets, Stock Beast, StockOodles, InvestorsUnderground, PennyPro, and Investing Futures reported on Great Basin Scientific, Inc. (GBSN), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Established in 2005, Great Basin Scientific, Inc. is a molecular diagnostics company headquartered in Salt Lake City, Utah. Its corporate mission is to rapidly and accurately diagnose, reduce misdiagnoses, and significantly limit the spread of infectious disease. The Company commercializes pioneering chip-based technologies. Its dedication is to the development of simple, yet strong, sample-to-result technology and products, which provide quick, multiple-pathogen diagnoses of infectious diseases.
Great Basin Scientific’s diagnostic system empowers health providers with accurate and timely information. This information is for diagnosing infectious disease. This allows health providers to appropriately treat patients to improve outcomes and support antimicrobial stewardship. This results in shorter hospital stays and money saved.
The Company’s sample-to-result molecular diagnostics are fully automated with few hands-on steps. Depending on the target of interest, results are in 120 minutes or less. Sample-to-result molecular diagnostics also feature on-demand testing and there is no upfront analyzer cost. Moreover, sample-to-result molecular diagnostics multiplexes up to 64 distinct targets in a single assay for more answers.
In essence, Great Basin Scientific’s diagnostic system utilizes an integrated disposable cartridge containing all necessary reagents. It also utilizes an inexpensive bench-top analyzer. This analyzer executes the assay, interprets the results, and also provides electronic output to the clinician. The Company’s user-friendly tests deliver more diagnostic data per sample.
At present, Great Basin Scientific has four commercially available assays: the Staph ID/R Blood Culture Panel, Shiga Toxin Direct Test, Group B Streptococcus (GBS) Test, and Toxigenic Clostridium difficile (C. diff) Test. Furthermore, it has five additional tests and panels in the development phase: Nasal S. aureus Pre-Screen, Candida Blood Infections Panel, Stool Bacterial Pathogens Panel, CT/NG Test, and Bordetella Direct Test. All commercially available assays, and also those in development, run on the Great Basin Scientific analyzer.
Recently, Great Basin Scientific announced the U.S. and European commercial launch of its Staph ID/R Blood Culture Panel. This is Great Basin’s first multiplex panel. This sample-to-result, automated panel benefits hospitals and laboratories through detecting, in roughly two hours, bloodstream infections caused by MRSA and other Staphylococcus species. This permits accurate, timely, and cost-effective diagnosis and treatment of patients.
The assay is innovative in its ability to distinguish Coagulase-negative Staphylococci (CoNS), which may not necessitate treatment with antibiotics, from pathogenic Staphylococci. Consequently, it can assist healthcare organizations with antimicrobial stewardship programs and campaigns.
Great Basin Scientific, Inc. (GBSN), closed Friday's trading session at $0.042, down 9.68%, on 17,898,365 volume with 745 trades. The average volume for the last 60 days is 1,783,046 and the stock's 52-week low/high is $0.023/$45,024.00.
Sevion Therapeutics, Inc. (SVON)
We are reporting on Sevion Therapeutics, Inc. (SVON) today, here at the QualityStocks Daily Newsletter.
Sevion Therapeutics, Inc. is a biopharmaceutical company that discovers, develops, and acquires next-generation biologics. The Company is building and developing a portfolio of unique therapeutics, from internal discovery and acquisition, for the treatment of cancer and immunological diseases. Its product candidates come from many key proprietary technology platforms: cell-based arrayed antibody discovery, ultralong antibody scaffolds, and Chimerasome nanocages. Sevion Therapeutics is headquartered in San Diego, California, and the Company lists on the OTC BB.
Sevion has leveraged the abovementioned technologies to build a pipeline of innovative product candidates. Its antibody pipeline is undergoing development from technology that allows for the discovery of unique biologic therapies to previously inaccessible targets. This includes multispanning membrane proteins and ion channels that play a vital role in numerous diseases.
Sevion has also developed the first protein nanocage system enabling delivery of nucleic acids and other payloads to target cells. It is working together with CNA Development, LLC, an affiliate of Janssen Pharmaceuticals, Inc., to discover antibodies using Sevion Therapeutics’ spatially addressed library platform. The collaboration facilitated by the Johnson & Johnson Innovation center in California will include discovery of antibodies against multiple targets in several therapeutic areas.
Sevion Therapeutics and Janssen Pharmaceuticals will jointly conduct research on antibodies discovered by Sevion. Janssen will have an option to an exclusive license to develop, manufacture, and commercialize candidates resulting from the collaboration. Sevion continues to pursue partnering opportunities for its technology and drug candidates, especially in the areas of ion channel and GPCR antibody discovery.
Concerning SVN-001 development, Sevion’s humanized cow antibody targeting the ion channel Kv1.3 for autoimmune disease was engineered to have an innovative dual mode of action, which has been confirmed in T-cell inhibitory assays. The potency of SVN-001 is in the subnanomolar range in vitro.
The Company also has its SVN-002, which is a unique antibody against an oncology target, which holds the potential to considerably impact highly metastatic tumors that are resistant to anti-VEGF treatments.
Regarding Chimerasome Nanocages, the foundation of the Company’s Chimerasome technology is on a single protein, which can be assembled to form a spherical protein nanocage encapsulating drugs or nucleic acid therapeutics. The Chimerasome can be coupled to antibodies or peptides externally, enabling highly-specific cellular targeting of the payload.
Concerning its Chimerasome Pipeline, Sevion has its SVN-003 product. SVN-003 is a chimerasome/insulin product that preferentially delivers insulin to the liver. SVN-003 has enormously potent glucose regulation properties in animal models.
Sevion Therapeutics has successfully completed an antibody discovery screening effort on internal and partnered targets. The internal discovery program includes novel oncology GPCR targets. Sevion believes it has a position in the expanding field of immuno oncology, where manifold transmembrane proteins are currently not drugged due to discovery technology limitations. Additionally, the Company has expanded and optimized production of its arrayed antibody library. This will enhance the efficiency by which it discovers leads for difficult transmembrane targets.
Sevion Therapeutics, Inc. (SVON), closed Friday's trading session at $0.16, even for the day, on 230 volume with 2 trades. The average volume for the last 60 days is 5,962 and the stock's 52-week low/high is $0.0791/$0.64.
Singlepoint, Inc. (SING)
The QualityStocks Daily Newsletter would like to spotlight Singlepoint, Inc. (SING). Today, Singlepoint, Inc. closed trading at $0.0085, even for the day, on 135,000 volume with 5 trades. The stock’s average daily volume over the past 60 days is 663,027, and its 52-week low/high is $0.0046/$0.018.
Singlepoint, Inc. was featured on the Oct21 broadcast of MoneyTV with Donald Baillargeon:
Hazardous waste recycling, cloud computing, mobile payments, event management, blackout greenhouses, S&P 500 correction; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights into their operations and outlooks for their futures.
Singlepoint, Inc. (SING) provides mobile technology and marketing solutions that enable companies, nonprofits and religious organizations to conduct business transactions, accept donations, and engage in targeted communication via mobile devices. Through diversification of its own model, the company is also leveraging its core technology to expand into the mobile auctions and daily fantasy sports markets.
SING currently has two fundraising solutions. Text2Bid is an interactive way to increase auction revenues. The technology makes it easy for people to bid in auctions from any text or web-enabled phone. Donate by Text allows nonprofits to securely collect one-time or recurring donations via text. This capability creates a personal experience for the donors, and enables ongoing communication between the donor and nonprofit or event sponsor.
SING's payment solutions include point-of-sale (POS) terminals, loyalty programs, payment processing, phone services and financing. Pay by Text™ enables a business to accept payment transactions and, in essence, turns the user's mobile phone into a point-of-sale device. Operating on the same platform as mobile marketing, Pay by Text is designed to increase revenues, raise the average per-transaction amount, and create a fast, easy and hassle-free method of payment.
As part of its diversification and expansion strategy, SING recently acquired an interest in DraftFury (www.draftfury.com), a company that offers skill-based NBA, NFL and MLB daily fantasy sports (DFS) contests. DraftFury is known for its innovative offerings and originality, and is the first cash-flow-positive DFS enterprise. This transaction places SING in a multi-billion dollar industry expected to generate entry fees of $14.4 billion in 2020. Under the guidance of a leadership team well-versed in technology, engineering, marketing and raising capital, SING anticipates a strong foothold in its chosen markets. Disclaimer
Singlepoint, Inc. Company Blog
Singlepoint, Inc. News:
Singlepoint, Inc. (SING) to be Featured on MoneyTV with Donald Baillargeon, 10/21
Singlepoint, Inc. (SING) CEO Updates Shareholders in Interview on @MoneyTV with Donald Baillargeon
SinglePoint, Inc. Provides Update on Corporate Audit and Advancement to OTCQB
Agora Holdings, Inc. (AGHI)
The QualityStocks Daily Newsletter would like to spotlight Agora Holdings, Inc. (AGHI). Today, Agora Holdings, Inc. closed trading at $0.167, up 10.38%, on 74,378 volume with 38 trades. The stock’s average daily volume over the past 60 days is 520,071, and its 52-week low/high is $0.01/$0.50.
Agora Holdings, Inc. (AGHI), together with its wholly-owned subsidiary, Geegle Media, is leading a diversified family entertainment and media enterprise through business segments which include: TV on Demand, interactive media, business products and consumer platforms. With its multi-dimensional approach, Geegle Media supports Agora Holdings' mission to deliver innovate and high-quality business solution products and to deliver video content from around the world.
Geegle Media web platforms include; GeegleTV, Frame, 1000Salads, RealtyTV and LobbyTV. Geegle TV is a multi-platform video entertainment website that curates high-quality video content from around the world. In 2016, GeegleTV will serve as co-producer by airing original content. By exposing undiscovered content to millions of users and rendering it shareable to social media, Geegle TV will serve as a marketing partner to local and internationally based TV shows not yet on the open market.
For commercial use, Geegle Media provides a variety of solutions that include web development and billing software for VoIP applications. RealtyTV is its state-of-the-art platform for real estate brokerages. LobbyTV is another of its widely used products by business offices. For individuals, Geegle TV combines radio, On Demand movies, news, sports and children's content.
Geegle Media is also developing 1000salads, an online hub that encourages healthy lifestyles. The portal will feature recipes and products, health-oriented articles and a curated selection of local restaurants and grocers that deliver to the health-conscious user. Currently in its alpha stage of development, 1000salads is gearing up its sales and marketing in preparation for its launch in 2016.
Geegle Media differs from other On Demand providers, such as Netflix and HBO, in that its service is free of constraints such as subscription, fees and penalties. As consumers increasingly opt for personalized sources of entertainment, Agora recognizes the vast opportunities and growth potential provided by the rising popularity of TV On Demand. The company also benefits from strong and visionary management with a track record of bringing innovative ideas to fruition. Disclaimer
Agora Holdings, Inc. Company Blog
Agora Holdings, Inc. News:
Agora Holdings, Inc. Issues Corporate Update on Current, Future Endeavors
Agora Holdings, Inc. Launches FRAME Social Media App
Agora Holdings Inc. Audit Is Complete, Company Continuing to Progress Its Plans to Move Up the Board to QB Level
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $2.66, up 5.14%, on 14,440 volume with 28 trades. The stock’s average daily volume over the past 60 days is 8,125, 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
Moxian, Inc. (MOXC)
The QualityStocks Daily Newsletter would like to spotlight Moxian, Inc. (MOXC). Today, Moxian, Inc. closed trading at $5.30, off by 3.64%, on 200 volume with 3 trades. The stock’s average daily volume over the past 60 days is 172, and its 52-week low/high is $4.30/$10.60.
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
iGambit, Inc. (IGMB)
The QualityStocks Daily Newsletter would like to spotlight iGambit, Inc. (IGMB). Today, iGambit, Inc. closed trading at $0.15, even for the day, on 60,000 volume with 3 trades. The stock’s average daily volume over the past 60 days is 32,998, and its 52-week low/high is $0.015/$0.16.
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
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