Daily Stock List
Standard Metals Processing, Inc. (SMPR)
We are reporting on Standard Metals Processing, Inc. (SMPR) today, here at the QualityStocks Daily Newsletter.
Standard Metals Processing, Inc.’s aim is to refocus its efforts into the acquisition and creation of royalty and streaming contracts with junior and mid-size mining companies. This is to provide financing to develop or improve their mineral properties. The Company’s belief is that the present dislocation in mining capital markets presents an advantageous time to raise capital and provide an alternate form of financing for junior and mid-level companies. Standard Metals Processing is headquartered in Gadsden, Alabama. Via its subsidiary, it has a property in Tonopah, Nevada.
Royalty and streaming arrangements are structures, which permit mine owners to achieve alternative, less dilutive financing in exchange for an interest in the form of a 'royalty' or a 'metals stream' contract. In addition, Standard Metals Processing’s intention is to continue to look for opportunities to construct toll-milling facilities, domestically and internationally in selective regions.
Together with providing toll milling solutions, the Company’s strategy would be to create royalties and stream contracts with the companies operating the mines who use the toll milling arrangement, therefore generating two separate and discrete revenue streams from a single mining property.
Standard Metals Processing will also look to provide toll milling services on a selective basis in exchange for long term feed contracts. Its custom processing toll milling is a process where mined material is crushed and ground into fine particles to extract different precious minerals contained within. This includes gold, silver, platinum metal groups, as well as rare earth metals.
The Company’s focus is on laboratory testing, pilot testing, and custom processing of precious metal ores and concentrates from mining industry customers. In addition, it is evaluating the opportunity to purchase equipment and build a facility on its Tonopah property to serve as a permitted custom processing toll milling facility, which includes an analytical lab, pyrometallugircal plant, and a hydrometallurgical recovery plant.
In essence, Standard Metals Processing’s business plan is producing low cost, non-processing passive income through providing liquidity and specialized services to mining companies in exchange for royalty and metal stream contracts, and, in some cases, common stock and warrants.
Standard Metals Processing, Inc. (SMPR), closed Monday's trading session at $0.07, down 6.67%, on 53,300 volume with 3 trades. The average volume for the last 60 days is 18,986 and the stock's 52-week low/high is $0.011/$0.207.
UMED Holdings, Inc. (UMED)
Wall Street Mover reported recently on UMED Holdings, Inc. (UMED), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
UMED Holdings, Inc. is a diversified holding company that owns and operates businesses in diverse industries. These include energy, oil and gas, aerospace, food and beverage, and mining. The Company’s focus is to acquire businesses as wholly-owned subsidiaries that have stable, solid management; the immediate ability to grow exponentially with steady growth to follow, and an emphasis on emerging markets. UMED Holdings is headquartered in Fort Worth, Texas.
UMED’s portfolio includes Greenway Innovative Energy, Inc. (Natural Gas-To-Liquid technology), Mamaki of Hawaii, Inc. (Mamaki tea plantation in Hawaii), Logistix Technology Systems, Inc. (technology and asset management tool for the Oil and Gas Industry), Jet Tech (aviation maintenance services company), and Arizona One, LLC (1,440 acres of Bureau of Land Management (BLM) land in Arizona).
UMED’S Greenway Innovative Energy, Inc. (GIE) wholly-owned subsidiary (a provider of proprietary, mobile Gas-to-Liquids (GTL) technology) entered into a Sponsored Research Agreement (SRA) in May of 2014 with the University of Texas at Arlington. This agreement is to further refine and enhance its leading-edge technology that converts natural gas to clean synthetic fuels. The purpose of the Research Agreement with the University is to continually improve the existing Fisher-Tropsch synthesis process for the conversion of natural gas into liquid hydrocarbons, or synthetic fuels.
UMED’s Mamaki of Hawaii concentrates on growing, harvesting, processing and marketing Mamaki herbal tea and extract. Mamaki has the only commercially approved and certified Mamaki tea farm in the world (26 acres). Mamaki is the owner and operator of Wood Valley Plantation, in the Kau district of the Big Island.
UMED’S Logistix Technology Systems is a privately held Texas Corporation centered on developing a unique and valuable technology and asset management Tool for the Oil and Gas Industry.
UMED Holdings, via its subsidiary Greenway Innovative Energy, has committed funds to establish the F. Conrad Greer Lab at The University of Texas at Arlington. This is where a small-scale version of its Gas-to-Liquids (GTL) conversion unit will be constructed. The small-scale version will confirm UMED’S unique proprietary front end design, which will produce, without the need for expensive steam methane reformers, the syngas for the Fischer Tropsch unit, which converts the syngas to diesel and jet fuel.
In August of this year, UMED Holdings, via Greenway Innovative Energy, utilizing its patented and proprietary technological advancements, announced that it raised $1,000,000 to complete the funding of the F. Conrad Greer Lab at The University of Texas at Arlington (UTA) and build a fully operational scaled model of their Gas-to-Liquids (GTL) conversion unit in the lab at UTA. The working GTL model is undergoing construction so that it can easily be scaled up to the full 2,000 barrel per day unit.
UMED Holdings, Inc. (UMED), closed Monday's trading session at $0.20, even for the day, on 8,397 volume with 4 trades. The average volume for the last 60 days is 17,048 and the stock's 52-week low/high is $0.04/$0.45.
Algae Dynamics Corp. (ADYNF)
Innovative Marketing reported on Algae Dynamics Corp. (ADYNF), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Algae Dynamics Corp. is a development stage company based in Mississauga, Ontario. It focuses on the commercialization of its proprietary BioSilo® cultivation system for the growth of algae strains for use in the food and health supplement industry. Algae Dynamics is a nutrient ingredient enterprise commercializing its proprietary BioSilo™ algae cultivation system for large scale production of algae biomass and algal oils. The Company’s shares trade on the OTC Markets’ OTCQB.
The Algae Dynamics BioSilo™ is a proprietary algae production technology. It maximizes growth and purity, while minimizing its footprint through a modular design. The Algae Dynamics BioSilo™ enables the Company to cultivate a wide spectrum of algae species to the nutrient and purity needs of its customers.
The Company engages in the commercialization of its proprietary BioSilo® algae cultivation system for the high volume, low cost production of pure contaminant-free algae biomass. This biomass is high in Omega-3s DHA/DPA, vitamins, minerals and antioxidants.
Algae Dynamics has a partnership with the University of Waterloo. It has access to proprietary algae species that have very high growth rates and nutrient content.
The Company’s BioSilo™ algae cultivation system is a novel method of cultivating algae. It combines the positive features of open pond systems with those of enclosed photobioreactor algae production systems. The system produces a continuing supply of ultra-pure algae biomass in high volumes. The BioSilo™ can produce an array of species. These include chlorella and algae suited for Omega-3 rich Algae oil.
Algae Dynamics’ intention (upon the completion of a commercial-scale production facility) is to produce algae biomass for sale into the functional additive and supplement markets, centering on Chlorella and Omega-3 oil. Chlorella is a type of microalgae that can undergo processing into a consumable powder through drying it until it takes a powder form. Algae-derived Omega-3 is created by extracting the oil from the algae biomass, then separating the Omega-3 fatty acids from the algae oil.
This past June, Algae Dynamics announced it finalized the amendment of an earlier announced equity financing facility, simultaneous with the assignment thereof to a third party. On June 23, 2016, pursuant to an Assignment Agreement among RY Capital Group LLC (RY), GHS Investments LLC (GHS) and the Company, RY assigned the Equity Purchase Agreement (EPA) to GHS.
Mr. Paul Ramsay, President of Algae Dynamics, stated in June, "This assignment is important to the Company because it improves the terms under which we can access capital. In addition, we are pleased to commence an important relationship with GHS at this time and look forward to a productive and rewarding relationship."
Algae Dynamics Corp. (ADYNF), closed Monday's trading session at $0.20, even for the day. The average volume for the last 60 days is 6,662 and the stock's 52-week low/high is $0.10/$1.74.
Azure Midstream Partners, LP (AZUR)
Marketbeat.com, Wealthpire Inc., Pennybuster, Daily Trade Alert, and Investing Daily reported on Azure Midstream Partners, LP (AZUR), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Azure Midstream Partners, LP is a fee-based, growth oriented limited partnership based in Dallas, Texas. The Company formed to develop, operate, and acquire midstream energy assets. It provides natural gas gathering, transportation, and processing services. Additionally, it provides NGL transportation and crude oil logistics services. Azure Midstream Partners lists on the OTCQB.
Azure Midstream Partners provides a wide spectrum of midstream solutions for producers located within its current operating area and in new operating prospects. For Midstream Natural Gas its services consist of Gathering; Compression; Dehydration; Treating; Processing; and Hydrocarbon Dew-Point Control.
The Partnership's assets include 1,002 miles of gathering lines in the Shelby Trough sub-play of the Haynesville Shale and the horizontal Cotton Valley play in east Texas and north Louisiana, which can gather 1.9 Bcf/d. Also, the Partnership has four natural gas processing facilities with 305 MMcf/d of cumulative processing capacity located in the Panola, San Augustine, and Tyler Counties of Texas.
Azure Midstream Partners also has two NGL transportation pipelines, which connect its Panola County and Tyler County processing facilities to third party NGL pipelines capable of transporting 20,000 barrels per day. Moreover, it has three crude oil transloading facilities containing six crude oil transloaders with a pooled capacity of 31,200 Bbls/d.
Concerning Crude Oil Logistics, transloading facilities include a Wildcat facility in Carbon County, Utah; a Big Horn facility in Big Horn County, Wyoming; and a Sandoval facility in Sandoval County, New Mexico.
In August of this year, Azure Midstream Partners announced the sale of a processing plant and gathering line in East Texas. Effective August 4, 2016, the Partnership executed an agreement for the sale of the 100 MMcf/d Panola I processing plant and Murvaul pipeline to Align Midstream Partners for $44.9 million in cash proceeds.
The Partnership continues to own and operate 210 MMcf/d of natural gas processing capacity in East Texas. The Partnership has more than 950 miles of gathering pipeline in East Texas and North Louisiana.
Last week, Azure Midstream Partners announced Q3 2016 financial and operating results, including substantial debt reduction. The Company’s net income was $14.4 million for the quarter ended September 30, 2016, versus a net loss of $8.4 million for the prior quarter. Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) for the quarter ended September 30, 2016 grew to $1.4 million from $0.8 million for Q2 of 2016.
Azure Midstream Partners, LP (AZUR), closed Monday's trading session at $0.67, even for the day, on 42,353 volume with 30 trades. The average volume for the last 60 days is 40,866 and the stock's 52-week low/high is $0.155/$7.0857.
Spotlight Innovation, Inc. (STLT)
PennyStockScholar, OTCtipReporter, Penny Picks, Damn Good Penny Picks, Profitable Trader Authority, StockRockandRoll, Journal Transcript, PennyStockLocks.com, Elite Stock Alerts, Penny Picks, SuperStockTips, Stock Preacher, Penny Stock Finder, Beacon Equity Research, Penny Stock Craze, InvestorSoup, and Stock Commander reported on Spotlight Innovation, Inc. (STLT), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
Spotlight Innovation, Inc. identifies and acquires rights to innovative and proprietary platform technology candidates. The Company’s emphasis is on cancer drugs and related treatment therapies, solutions for infectious disease, and other specialty and unique opportunities. Spotlight Innovation provides solutions for healthcare-focused companies commercializing healthcare intellectual property (IP). The Company will partner with proven market leaders through sale, out-license, or strategic alliance, when commercially significant benchmarks have been reached. OTCQB-listed, Spotlight Innovation is based in West Des Moines, Iowa.
The Company’s mission is to greatly impact patient health through advancing new platform biotechnologies for cancer and infectious disease. Access to platform technology candidates is attained via its extensive relationships with many leading academic institutions and other sources. The Company provides value-added development capability and funding to speed up development progress.
Spotlight Innovation works to acquire the rights, by way of acquisition, license, or otherwise, to unique and proprietary Platform Technology Candidates. In addition, it works to provide value-added development capability and funding to realize fast IND approval to begin human clinicals for targeted Platform Technology Candidates.
Spotlight Innovation has retained distinguished French oncologist Mr. David Khayat, MD, PhD, FASCO, as the Principal Investigator for a European Phase I dose escalation safety study, “Crotoxin in Patients with Advanced Cancer using an Intravenous Route of Administration.” The clinical study will take place at Pitié-Salpêtrière Hospital in Paris, France. Crotoxin is one of numerous proprietary compounds, owned by Spotlight Innovation, derived from snake venom.
Last month, Spotlight Innovation announced that it obtained an exclusive, global license from Indiana University Research and Technology Corp. The license is to commercialize STL-182, an orally-available small molecule, which may have therapeutic potential for treating Spinal Muscular Atrophy (SMA).
Last week, Spotlight Innovation announced that the United States Patent and Trademark Office (USPTO) issued to Spotlight’s subsidiary, Celtic Biotech Iowa, U.S. Patent No. 9,345,751, entitled "Crotalus Durissus Terrificus Venom Administration for Cancer Treatment." The patented invention relates to compositions isolated from rattlesnake venom (Crotoxin) and methods for intravenous administration of Crotoxin to cancer patients.
Spotlight Innovation, Inc. (STLT), closed Monday's trading session at $1.48, up 4.23%, on 97,693 volume with 242 trades. The average volume for the last 60 days is 29,509 and the stock's 52-week low/high is $0.335/$1.75.
Singlepoint, Inc. (SING)
The QualityStocks Daily Newsletter would like to spotlight Singlepoint, Inc. (SING). Today, Singlepoint, Inc. closed trading at $0.0147, up 17.60%, on 8,071,276 volume with 285 trades. The stock’s average daily volume over the past 60 days is 1,118,108, and its 52-week low/high is $0.0046/$0.02.
Singlepoint, Inc. today provides additional insight into the intention of its SingleSeed (www.singleseed.com) subsidiary to provide credit card processing solutions for the cannabis industry. As five new states prepare to vote on ballot initiatives to legalize cannabis for recreational and/or medicinal purposes, SingleSeed is already positioned to become one of the industry's first merchant processors.
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 Provides Details of SingleSeed's Head Start in Cannabis Merchant Processing Business
Singlepoint, Inc. (SING) CEO Discusses Relaunch of SingleSeed on MoneyTV with Donald Baillargeon
SinglePoint Subsidiary Awakens from Quiet Period to Capitalize on Increased Accessibility to $6+ Billion Cannabis Industry Cash Transactions
Net Element, Inc. (NETE)
The QualityStocks Daily Newsletter would like to spotlight Net Element, Inc. (NETE). Today, Net Element, Inc. closed trading at $1.13, up 3.67%, on 159,847 volume with 585 trades. The stock’s average daily volume over the past 60 days is 464,898, and its 52-week low/high is $0.50/$4.60.
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:
Net Element's PayOnline CEO to Lead Panel at the Biggest Russian Internet Conference
ExLine Becomes a Client of Net Element's PayOnline in Kazakhstan
Dunkin' Donuts Becomes a Client of Net Element's PayOnline in Russia
OurPet's Company (OPCO)
The QualityStocks Daily Newsletter would like to spotlight OurPet's Company (OPCO). Today, OurPet's Company closed trading at $0.999, up 1.30%, on 19,060 volume with 21 trades. The stock’s average daily volume over the past 60 days is 5,818, and its 52-week low/high is $0.6882/$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:
OurPetís Company Reports Record Third Quarter 2016 Results
OurPet's Company CFO to Present at the MicroCap Conference in Philadelphia
Kathleen Homyock of OurPet's Company Presents Smart Technology Trends to Canadian Pet Industry
eXp World Holdings, Inc. (EXPI)
The QualityStocks Daily Newsletter would like to spotlight eXp World Holdings, Inc. (EXPI). Today, eXp World Holdings, Inc. closed trading at $4.70, up 1.29%, on 770 volume with 5 trades. The stock’s average daily volume over the past 60 days is 33,458, and its 52-week low/high is $0.51/$5.84.
eXp World Holdings, Inc. (EXPI) is the holding company for a number of businesses, most notably eXp Realty LLC, the Agent-Owned Cloud Brokerage™. eXp Realty is a full-service real estate brokerage offering 24/7 access to a suite of collaborative tools, training features and socialization channels designed to meet the unique needs of real estate brokers and agents. By creating a fully-immersive, cloud office environment for real estate professionals, eXp effectively reduces agents' overhead, increases their profits and provides greater service value to consumers.
Through eXp Realty's innovative platform, agents and brokers are afforded the opportunity to earn equity in exchange for production and contributions to company growth. Additionally, eXp features an aggressive revenue sharing program that pays agents a percentage of the gross commission income earned by fellow professionals they recruit into the company. The result is a shared ownership community featuring a synergistic and collaborative group of forward-thinking, entrepreneurial professionals. With the emergence of the internet as the most powerful property marketing and advertising medium, eXp's internet and cloud technologies have helped thousands of consumers find, buy or sell homes without the need for a brick and mortar real estate office.
Since its launch in October 2009, eXp Realty has experienced rapid growth, with brokerage service now offered in 35 U.S. states and Alberta, Canada. In February 2016, the company officially welcomed its 1,000th real estate professional into its family of agent-owners, up from just 467 agents at the end of 2014. Following this achievement, the Agent-Owned Cloud Brokerage claimed a spot among the top 50 real estate brokerages in the United States based on agent count, according to data from RISMEDIA's 2015 PowerBroker 500 Report.
Similarly, eXp Realty generated record financial results during 2015. Following the launch of two new initiatives – including an online lead generation program and a stock compensation plan – the company achieved a 71 percent year-over-year increase in net revenues, recording $22.87 million for the year. As it continues to expand its footprint across North America, eXp Realty will look to leverage its unique agent-owned business model to continue attracting driven, entrepreneurial agents and real estate industry leaders while promoting sustainable financial growth. Disclaimer
eXp World Holdings, Inc. Company Blog
eXp World Holdings, Inc. News:
Eric Burch Real Estate Team Joins eXp Realty
Darren James Real Estate Team Joins eXp Realty in Louisiana
Brent Gove Team Joins eXp Realty in Sacramento
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $2.9201, up 3.55%, on 2,400 volume with 11 trades. The stock’s average daily volume over the past 60 days is 9,767, 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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- Net Element, Inc. (NETE) PayOnline CEO to Lead Panel at the Biggest Russian Internet Conference
- OurPet's Company (OPCO) Reports Record Third Quarter 2016 Results
- Singlepoint, Inc. (SING) Provides Details of SingleSeed's Head Start in Cannabis Merchant Processing Business