Daily Stock List
Pacific Green Technologies, Inc. (PGTK)
Wall Street Mover, Journal Transcript, InvestorSoup, SuperStockTips, Stock Preacher, Beacon Equity Research, Penny Stocks Finder, Penny Stock Craze, SmallCapAllStars, Value Penny Stocks, TryBestPennyStocks.biz, eliteotc, Equity Observer, Jet-Life Penny Stocks, SMS Penny Picks, WINNINGOTC, The Street, and Wall Street Beauties reported on Pacific Green Technologies, Inc. (PGTK), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Pacific Green Technologies, Inc. centers on addressing the globe’s need for cleaner and more sustainable energy. The Company’s business strategy is to build, via organic development and acquisition, a portfolio of patented competitive progressive technologies designed to meet increasingly stringent environmental standards. Pacific Green Technologies China Limited (PGTC) is a subsidiary of Pacific Green Technologies, Inc. Pacific Green Technologies is headquartered in San Jose, California.
The Company’s ENVI-Clean™ is a patented Emissions Control System. The design of it is to remove pollutants from flue gases. ENVI-Clean™ is suitable for the removal of acid gases and particulate matter from high volume processes.
Furthermore, Pacific Green Technologies’ ENVI-Pure™ system is a refined version of the ENVI-Clean™ system, designed to remove a broader range of contaminants with very high efficiency as required by Waste to Energy (WtE) and Biomass power plants.
In addition, Pacific Green Technologies has its Envi-Marine™ system. This is a seawater scrubber. Envi-Marine™ takes an alternative approach to seawater scrubbing through utilizing the Envi-Clean™ unique turbulent scrubbing head to provide interactive contact between the seawater and the exhaust gas in a turbulent zone containing a high amount of surface area for gas/liquid absorption.
Pacific Green Technologies China Limited has a Commercial Joint Venture Agreement (JV) with POWERCHINA SPEM Co., Limited. POWERCHINA SPEM is a top Chinese power equipment manufacturer and a subsidiary of POWER CHINA, the largest power plant equipment manufacturer in China.
The JV Agreement sets out the terms for Pacific Green Technologies China Limited and POWERCHINA SPEM to co-operate exclusively in China for 10 years to develop the ENVI-Clean™ and ENVI-Pure™ emission control system to become the market leader in the Coal Fired Power, Steel Works, Cement Works, and Waste to Energy industry sectors.
Recently, Pacific Green Technologies Technical Services Limited, (PGTTS), a subsidiary of Pacific Green Technologies, announced the appointment of Mr. Larry Zeng as Senior Engineer for Asia. Mr. Zeng comes to PGTTS from his role as Senior Process Engineer at Bantrel-Esso Alliance in Edmonton, Alberta. He joins PGTTS at an important juncture following the forthcoming commissioning of the Company's project in China at a 93MWe steelworks in Jiangsu Province.
This project is the first venture under the commercial JV agreement with POWERCHINA SPEM Co. (PCS). PCS is a foremost Chinese power equipment manufacturer.
Pacific Green Technologies, Inc. (PGTK), closed Monday's trading session at $1.70, even for the day. The average volume for the last 60 days is 1,292 and the stock's 52-week low/high is $0.20/$3.00.
EnergyTEK Corp. (ENTK)
SmallCapVoice, ShamrockStocks, OTC Advisors, Nebula Stocks, Light Speed Stocks, Stock Marketing Inc., Penny Stock Chaser, and Investinginstockmarket.net reported earlier on EnergyTEK Corp. (ENTK), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
EnergyTEK Corp. announced on September 14, 2016, that it merged with Timefire LLC, a Virtual Reality Content Producer based in Scottsdale, Arizona. Timefire has been creating its main product "Hypatia," the first truly "virtual city," for more than two years. Established in 2014 in Phoenix, Arizona, Timefire is, in essence, a game development studio. EnergyTEK’s shares trade on the OTC Markets Group’s OTCQB.
In August, Mr. Jonathan Read, Chief Executive Officer, stated, "Timefire's vision focuses on creating an immersive space in the field of the arts, education, entertainment, and social interaction designed to offer a more 'hands-on' approach to learning that is accessible to all people. Hypatia aims to offer the citizens of Virtual Reality a complete 'place' where the magic of building a community and creative mind surrounds everyone."
Timefire VR is creating the world’s first city in Virtual Reality (VR). Hypatia was established this year. In this VR space, Hypatia has greater than 50,000 buildings. In addition, it has miles of streets, sidewalks, as well as waterways. Furthermore, it has a huge underground network and subway system, plus shops, parks, museums, and theaters.
Overall, Hypatia has the infrastructure of a major city. A user can rent an apartment, start a business, buy property, or create anything in Hypatia. The Company calls it “The foundation of a new virtual civilization.”
The design of Hypatia is to be the destination for when a person cannot get away physically. Hypatia is a curated virtual city - any given time an individual can visit a world class museum, take in a show, go painting, go dancing, solve a puzzle, or explore something beautiful through what this virtual city provides.
Timefire will supply the map, buildings, transportation, and landscape. Nonetheless, Timefire will recruit “Friends of Hypatia” to assist it in building much of the content for this virtual city.
The Company notes that in Hypatia, there are no guns, no zombies, and no war. Timefire is building Hypatia as a safe place to explore, learn, be entertained, and meet with friends and family.
EnergyTEK Corp. (ENTK), closed Monday's trading session at $0.17, up 30.77%, on 69,842 volume with 18 trades. The average volume for the last 60 days is 9,137 and the stock's 52-week low/high is $0.02/$0.15.
Digatrade Financial Corp. (DIGAF)
We are reporting on Digatrade Financial Corp. (DIGAF) today, here at the QualityStocks Daily Newsletter.
Digatrade Financial Corp. is an online digital asset exchange platform and blockchain development services company. The Company engages in the licensing, development, and branding of a digital exchange trading platform and peer to peer electronic payment processing network for enabling users to trade fiat and alternative currencies. Fundamentally, Digatrade is a Digital Asset, Currency (Bitcoin) Exchange and Internet Financial Services Company owned and operated by Digatrade Financial Corp.
Digatrade Financial has its corporate headquarters in Vancouver, British Columbia. Digatrade Financial’s shares trade on the OTC Markets Group’s OTCQB. Established in 2000, the Company previously went by the name Bit-X Financial Corporation. It changed its name to Digatrade Financial Corp. in October of 2015.
Digatrade Financial provides operational support specializing in web-based digital currency exchange and transaction services for the cryptographic digital currencies. This includes Bitcoin as well as other alternative digital coins.
Digatrade provides a user-friendly, secure, and affordable platform to buy and sell Bitcoin and other digital assets. The Company provides a 24-hour online platform, which provides the automated matching of orders between its registered members.
The proprietary Digatrade trading and matching engine manages high volume, high throughput, and low latency trading. This engine also features blended multi-currency settlement in addition to real time FX pricing and risk management fully powered by ANX Technologies. The order engine delivers pre-scan indicative pricing. Users can choose to either fix the quantity of Bitcoins or fix the price paid for every order.
Last week, Digatrade Financial announced the execution of a proposed stock purchase agreement dated October 31, 2016 with GHS Investments LLC. This agreement is to purchase up to USD$4,000,000 of the Company’s common stock occasionally over the course of 24 months after the effective registration of the underlying shares. Digatrade’s legal counsel is now preparing the filing with full disclosure of the financing to be made available on Edgar and Sedar within 30-60 days.
Digatrade Financial Corp. (DIGAF), closed Monday's trading session at $0.96, up 12.94%, on 610,443 volume with 290 trades. The average volume for the last 60 days is 218,619 and the stock's 52-week low/high is $0.13/$12.50.
TechPrecision Corp. (TPCS)
Marketbeat, TopPennyStockMovers, Zacks, StreetInsider, Energy and Capital, Wealth Daily, FeedBlitz, SmallCapVoice, BullRally, HotOTC, CoolPennyStocks, PennyStockVille, Stock Rich, and MadPennyStocks reported on TechPrecision Corp. (TPCS), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
TechPrecision Corp., by way of its wholly-owned subsidiaries, Wuxi Critical Mechanical Components Co., Ltd., and Ranor, Inc., manufactures large-scale, metal fabricated and machined precision components and equipment around the world. The Company’s aim is to be an end-to-end international service provider to its customers through furnishing customized and integrated turn-key solutions for completed products requiring custom fabrication and machining, assembly, inspection and testing. Founded in February 2006, TechPrecision has its headquarters in Center Valley, Pennsylvania.
TechPrecision’s products are used in the alternative energy, medical, nuclear, defense, and precision industrial, aerospace, and naval/maritime markets, among others. The design of its Wuxi Critical Mechanical Components (CMC) subsidiary is to meet the increasing global demand for an experienced, knowledgeable machining and distribution center in Asia, providing large-scale component fabrication solutions for the region's solar and wind power challenges.
Founded in 2010, CMC employs one of the largest forges in the industry. CMC’s capabilities include Forging; Fabrication; Machining; Inspection; Assembly & Finishing, and Quality Assurance. CMC serves the Solar/LED; Wind; Nuclear; Clean Technology, Medical; and General Industrial industries.
TechPrecision’s Ranor subsidiary specializes in large-scale, precision component fabrication for the Clean Technology, Energy, Medical, Aerospace, And Defense sectors. Ranor’s capabilities cover Production Control Engineering; Processing; Fabrication; Machining; Assembly & Finishing; Quality Assurance, and NDE & Inspection.
In August 2016, TechPrecision reported financial results for Q1 of Fiscal Year 2017, the period ended June 30, 2016. Net sales were $4.6 million or a 6 percent increase versus the same quarter the year prior.
Gross profit was $1.5 million versus $1.3 million in the same quarter last year. Gross margins improved in Q1 of fiscal 2017 because of a higher margin product mix.
Net income of $445,000 increased considerably versus a net income of $206,000 in the same quarter the year prior. At June 30, 2016, TechPrecision had working capital of $1.9 million versus working capital of $0.5 million at March 31, 2016. It had $2.9 million in cash at June 30, 2016 versus $1.3 million at March 31, 2016.
TechPrecision Corp. (TPCS), closed Monday's trading session at $0.53, up 2.91%, on 33,902 volume with 19 trades. The average volume for the last 60 days is 34,152 and the stock's 52-week low/high is $0.15/$0.60.
American Cannabis Company, Inc. (AMMJ)
The Street, Marketbeat, Wealth Insider Alert, Promotion Stock Secrets, Market Intelligence Central, Wall Street Daily, CFN Media Group, Cannabis Financial Network News, Stock News Now and TheOTCInvestor reported on American Cannabis Company, Inc. (AMMJ), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
American Cannabis Company, Inc. is a full-service business-to-business (B2B) consulting solutions provider. The Company is also a seller of ancillary products to the cannabis industry. American Cannabis provides end-to-end solutions to existing and ambitious participants in the cannabis industry. It has two vertically integrated businesses: American Cannabis Consulting and American Cultivator Company. American Cannabis Company has its headquarters in Denver, Colorado.
Via American Cannabis Consulting and American Cultivator Company, a group purchasing organization, it supports its clients from concept to creation, commercialization and continuing operations.
American Cannabis provides wide-ranging consulting management and products solutions to the regulated cannabis markets. It uses its industry expertise to provide business planning and market assessment services, assist state licensing procurement, create business infrastructure, and establish operational best practices.
Concerning Consulting, American Cannabis provides application support, business planning, site selection, and regulatory compliance, among other services. Regarding Management, it provides yield analysis, staffing, business coaching, and staff training and education, and more.
Regarding Products, American Cannabis provides a complete organic grow system, retail solutions (the Satchel™), grow components, and group purchasing discounts for supplies. The Satchel is a child-proof, tamper-proof vessel for dispensaries. The Satchel™ may be used by dispensaries to assemble orders and ensure the proper post sale handling of cannabis per each state's legislation.
American Cannabis Company has launched Dab Werks™. Dab Werks™ are poster sized, high-definition, reusable vinyl graphics portraying cannabis plants, paraphernalia, as well as cannabis brands. DabWerks.com is American Cannabis Company's initial direct-to-consumer offering.
American Cannabis has its proprietary product called SoHum Living Soils™. SoHum Living Soils™ is a proprietary "just add water" growing medium. It contains 100 percent natural ingredients. SoHum Living Soils™ provides the plant a complete buffet of macro/micro nutrients to attain genetic optimization of the cannabis plant.
Recently, American Cannabis announced that it secured a new design and consulting contract with a Canadian organization. This contract is for creating a cannabis Licensed Producer facility within the Atlantic provinces. The multi-phase project will commence with the construction of an indoor facility.
Operations related to this project will start with the cultivation of an alternative crop, and subsequently transition to cannabis production as soon as operational licensing is secured. Pans for the future call for the establishment of green houses and further indoor expansion.
Last week, American Cannabis announced it signed a client in Pennsylvania who will be applying for the state's upcoming medical marijuana program. The Company expects to take advantage of this contract to secure additional revenues via long-term consulting agreements, potential sales of ancillary products, and services to aid cultivation operations.
American Cannabis Company, Inc. (AMMJ), closed Monday's trading session at $1.24, up 39.78%, on 4,233,615 volume with 3,265 trades. The average volume f or the last 60 days is 1,046 and the stock's 52-week low/high is $0.0802/$2.10.
GainClients, Inc. (GCLT)
The QualityStocks Daily Newsletter would like to spotlight GainClients, Inc. (GCLT). Today, GainClients, Inc. closed trading at $0.0899, off by 10.10%, on 327,676 volume with 27 trades. The stock’s average daily volume over the past 60 days is 145,878, and its 52-week low/high is $0.01/$0.20.
GainClients, Inc. (GCLT) is a software service company focused primarily on the development of marketing services for real estate professionals and valuable home search and area information tools for consumers. The company's innovations expound the popularity of online networks by helping real estate professionals better serve their clients through the sharing of accurate real estate data.
The company's main product is the GCard progressive networking system, which is designed to build and promote relationships among real estate professionals and their clients. Using the GCard, agents and brokers have the means to offer real estate, lending and title services information through an integrated, web-based network, capitalizing on the ongoing shift in consumer preference toward mobile solutions.
Similar to the features of other popular online networks, professional users can invite clients and their industry partners to join their GCard networks and be featured as trusted team members. From here, the teams can quickly provide real estate, lending and title services and information to consumers via smartphone and web. With better communication throughout the process of buying or selling homes, purchases can move more quickly and more comfortably to completion.
Strategic partnerships are an important component of GainClients' growth strategy. The company recently established a worldwide licensing arrangement with CLOVIS LLC, a partnership that will enable the distribution of both companies' proprietary technologies to the real estate industry. CLOVIS will use GainClients' GCard to develop a unique lead generation program for the broader real estate marketing and advertising industry.
GainClients also offers GCHomeSearch, its stand-alone website that provides non-real estate customers, such as lenders and title professionals, with accurate listing data, historical property data, neighborhood information and demographics. When used with the GCard, the user is also privy to loan payment calculators, loan rates, closing cost estimators and other tools needed to make intelligent buying and selling choices. Disclaimer
GainClients, Inc. Company Blog
GainClients, Inc. News:
GainClients, Inc. Announces Corporate Update
GainClients, Inc. Enters Into A Licensing Agreement with Real Estate Technology Upstart CLOVIS, LLC To Expand Its Technology Platform
Real Estate Technology Veteran And Pioneer Joins GainClients, Inc.'s Advisory Board
Singlepoint, Inc. (SING)
The QualityStocks Daily Newsletter would like to spotlight Singlepoint, Inc. (SING). Today, Singlepoint, Inc. closed trading at $0.0192, up 4.35%, on 12,424,247 volume with 431 trades. The stock’s average daily volume over the past 60 days is 1,682,359, and its 52-week low/high is $0.0046/$0.02.
Singlepoint, Inc. Tuesday night's election was monumental for cannabis industry, as four states legalized recreational use of marijuana and another three approved the drug for medical purposes. SinglePoint applauds the legislation, which further expands the opportunity for the company's SingleSeed (www.singleseed.com) subsidiary to provide credit card processing solutions for the cannabis industry, which now is expected to generate billions of dollars of retail sales moving forward.
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 Subsidiary Primed as Payment Processor for "Bankable" Cannabis Industry
Singlepoint, Inc. (SING) Will Be Featured on MoneyTV with Donald Baillargeon, 11/11
SinglePoint Provides Details of SingleSeed's Head Start in Cannabis Merchant Processing Business
National Waste Management Holdings, Inc. (NWMH)
The QualityStocks Daily Newsletter would like to spotlight National Waste Management Holdings, Inc. (NWMH). Today, National Waste Management Holdings, Inc. closed trading at $0.10904, off by 3.08%, on 37,105 volume with 8 trades. The stock’s average daily volume over the past 60 days is 8,115, and its 52-week low/high is $0.0701/$1.75.
National Waste Management Holdings, Inc. today announces financial results for the three and nine months ended September 30, 2016, as well as provided a general business update.
Third Quarter 2016 Highlights:
• Revenue for the three months ended September 30, 2016, increased 269% to $1.7 million
• Revenue for the nine months ended September 30, 2016, increased 262% to $4.8 million
• Cash flows from operating activities for the nine months ended September 30, 2016, increased 76% to $860,665
• Appointed corporate finance veteran Dali Kranzthor as National Waste CFO
• Continued to see positive results from aggressive acquisition strategy
National Waste Management Holdings, Inc. (NWMH) is a solid waste management company offering comprehensive solutions for full waste diversion along Florida's west coast and in upstate New York. With an established base of long-term partnerships with municipal, institutional, commercial and industrial customers, along with a successful acquisition strategy, National Waste has set its course to become a leading waste diversion company.
National Waste's 54-acre landfill facility located in Hernando, Florida, handles annual average disposals of roughly 240,000 cubic yards of construction debris annually. The site also offers an array of ancillary services such as roll-off dumpster services, mulching services and recycling. While the landfill facility is already permitted for future expansion, National Waste's growth strategy also calls for the opening of new satellite offices in counties and states that neighbor its existing operations.
In addition to increasing its geographic foothold, National Waste employs a strategic acquisition model to increase its overall market share. In 2015, the company acquired Gateway Rolloff Services LP and Waste Recovery Enterprises LLC, which are expected to generate a combined $3.8 million in annual revenue for National Waste moving forward. In the second quarter of 2016, National Waste added Sivart Services to its roster, creating an immediate source of additional revenue and expanding its foothold in the northeast area of New York.
Management has confirmed its interest in additional acquisition targets while demonstrating its ability to effectively integrate and organically grow the company's existing acquisition companies and maintain efficient operations. Disclaimer
National Waste Management Holdings, Inc. Company Blog
National Waste Management Holdings, Inc. News:
National Waste Management Holdings Inc. Reports 269% Increase in Third-Quarter Revenue
National Waste Management Holdings Inc. Appoints Dali Kranzthor as Chief Financial Officer
National Waste Management Holdings Inc. Reports 226% Increase in Revenue for the Second Quarter 2016
Net Element, Inc. (NETE)
The QualityStocks Daily Newsletter would like to spotlight Net Element, Inc. (NETE). Today, Net Element, Inc. closed trading at $0.9381, off by 14.72%, on 734,083 volume with 943 trades. The stock’s average daily volume over the past 60 days is 442,829, and its 52-week low/high is $0.50/$4.60.
Net Element, Inc. today reported financial results for the third quarter and nine months ended September 30, 2016 and provided an update on recent strategic and operational initiatives.
• Entered into settlement agreement with sellers over PayOnline acquisition
• Entered into $10 million stock purchase agreement with ESOUSA Holdings, LLC
• Dunkin' Donuts became a client of Net Element's PayOnline in Russia. PayOnline enables online ordering and payments for one of the world's largest coffee and baked goods chain
• Named one of the fastest-growing technology companies in South Florida Business Journal's 2016 Technology Awards
• PayOnline payments module became available for most popular e-commerce and CMS platforms. Fully-integrated payment acceptance is now available on 19 most popular e-commerce and CMS platforms
• PayOnline continued expansion into Central Asia. Dynamic organic growth during the last twelve months lead to office opening in Kazakhstan
• PayOnline partnered with Round Bank. Integrated first 70 online merchants to its platform under new collaboration agreement with Round Bank
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 Reports Third Quarter and Nine Months Ended September 30, 2016 Results Recent Highlights
Net Element Launches Proprietary Gift Card Software Application for Smart Payment Terminals
Net Element's PayOnline CEO to Lead Panel at the Biggest Russian Internet Conference
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $2.8885, up 3.90%, on 13,059 volume with 21 trades. The stock’s average daily volume over the past 60 days is 8,833, 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) Eric Burch Real Estate Team Joins eXp Realty
- GainClients, Inc. (GCLT) Announces Corporate Update
- iGambit, Inc. (IGMB) and HubCentrix Inc. Sign Letter of Intent for iGambit Inc. to Acquire the Assets of HubCentrix Inc.
- Medical Transcription Billing, Corp. (MTBC) Posts Q3 2016 Results; Discusses Quarterly Achievements
- Monaker Group, Inc. (MKGI) Alternative Lodging Vacation Rentals Gain Exposure to Decision Makers at Over One Million Companies Worldwide
- Moxian, Inc. (MOXC) Adopts Oracle Database Solutions to Support the Latest Payment and Transaction Platform, Enabling Intelligent Big Data
- National Waste Management Holdings, Inc. (NWMH) Reports 269% Increase in Third-Quarter Revenue
- Net Element, Inc. (NETE) Reports Third Quarter and Nine Months Ended September 30, 2016 Results
- OurPet's Company (OPCO) Reports Record Third Quarter 2016 Results
- Singlepoint, Inc. (SING) Subsidiary Primed as Payment Processor for "Bankable" Cannabis Industry