Daily Stock List
Tofutti Brands, Inc. (TOFB)
We are reporting on Tofutti Brands, Inc. (TOFB), today, here at the QualityStocks Daily Newsletter.
Headquartered in Cranford, New Jersey, Tofutti Brands, Inc. develops and distributes a complete line of dairy-free products. The Company’s products are available across the U.S. and in over 30 countries. Tofutti Brands’ products serve the needs of millions of people who are allergic or intolerant to dairy, diabetic, kosher or vegan, and also those who want to have a healthier low-fat diet. Tofutti Brands’ shares trade on the OTC Markets’ OTCQB.
Tofutti Brands sells greater than 80 milk-free foods. These include frozen desserts, cheese products, as well as prepared frozen dishes. The Company’s product line includes dairy-free ice cream pints, Tofutti Cutie® sandwiches and novelty bars.
In addition, Tofutti Brands has a growing assortment of prepared foods. These include Pizza Pizzaz® and Mintz's Blintzes® - all made with Tofutti's milk-free cheeses, such as Better Than Cream Cheese® and Sour Supreme®. Tofutti dairy free cheeses, frozen desserts, and frozen foods can be found in major supermarkets and health food stores.
Regarding wholesale and/or food service, Premium Tofutti frozen dessert is available in 3 gallon containers. Tofutti Better Than Cream Cheese, Tofutti Better Than Ricotta Cheese, Tofutti Better Than Mozzarella Cheese, and Tofutti Better Than Sour Cream are available in an array of bulk sizes. These include 30 lb. blocks, 5 lb. containers, and 1 oz. portion controlled cups (cream cheese only).
All Tofutti Brands products are certified Kosher Parve. This means that none of the Company’s products ever contain any dairy whatsoever. This means no milk by-products either, including casein, whey, skim milk powder, or dairy lactic acid.
Recently, Tofutti Brands announced its results for the thirteen and thirty-nine week periods ended October 1, 2016. Net sales for the thirteen weeks ended October 1, 2016 were $3,606,000. This represents a decrease of $65,000, or 2 percent, versus net sales of $3,671,000 for the fourteen weeks ended October 3, 2015. Gross profit and gross profit percentage for the thirteen-week period ended October 1, 2016 were roughly $1,108,000 and 31 percent, respectively, versus $875,000 and 24 percent, respectively, for the period ended October 3, 2015.
Net sales for the thirty-nine-week period ended October 1, 2016 were $10,902,000. This represents an increase of $464,000, or 2 percent, versus net sales of $10,438,000 for the forty-week period ended October 3, 2015. Gross profit and gross profit percentage for the thirty-nine-week period ended October 1, 2016 were $3,531,000 and 32 percent, respectively, versus $2,697,000 and 26 percent, respectively, for the period ended October 3, 2015.
Tofutti Brands, Inc. (TOFB), closed Friday's trading session at $1.85, up 7.56%, on 19,338 volume with 12 trades. The average volume for the last 60 days is 2,001 and the stock's 52-week low/high is $1.55/$2.35.
VerifyMe, Inc. (VRME)
Wall Street Mover and SmallCapVoice reported earlier on VerifyMe, Inc. (VRME), and today we report on the Company, here at the QualityStocks Daily Newsletter.
VerifyMe, Inc. is a pioneer in patented physical, cyber, and biometric technologies that prevent identity theft, counterfeiting, and fraud. Essentially, the Company is a high-technology solutions enterprise in the field of authenticating products and people. The Company formerly went by the name LaserLock Technologies, Inc. It changed its corporate name to VerifyMe, Inc. in July 2015. VerifyMe is based in New York City.
VerifyMe pursues innovation through the development of patented products, proprietary technologies, and the creation of strategic alliances. VerifyMe’s physical technology authenticates products, documents, and currency with a set of proprietary security inks and pigments. The Company markets a wide-ranging patent portfolio. This includes patents for protecting material goods, products and packaging. Its digital technology authenticates people through performing strong, multi-factor verification via its patented digital platform.
VerifyMe™ provides a wide range of technologies to authenticate products and packaging. This is from proprietary security pigments to custom track and trace solutions. VerifyMe™ can authenticate individuals using facial recognition, fingerprint, voice and retina scanning, swipe pattern recognition, location detection and approved IP detection.
VerifyMe™ provides advanced fraud prevention technologies to pharmaceutical companies, high-end retailers, the gaming industry, and governments worldwide. VerifyMe™ ID services replace passwords, PINs, and 2-factor solutions with intuitive, user-friendly, multi-factor authentication, integrating biometrics to protect corporate and consumer integrity.
The Company’s RainbowSecure™ is a proprietary, customizable, covert anti-counterfeiting solution. It appears invisible to the human eye. Nevertheless, RainbowSecure™ can be activated employing authentication devices specifically tuned to the unique frequency of each batch of ink.
Its SecureLight™ can immediately change color under compact fluorescent light and LED light sources. Furthermore, VerifyMe’s SecureLight+™ combines the covert and overt characteristics of RainbowSecure™ and SecureLight™ into a single solution.
In May of this year, VerifyMe and the Indigo Division of HP, Inc. (HP Indigo) an international printing technology leader, announced that they signed a Memorandum of Understanding (MOU). The companies will incorporate VerifyMe’s pigment products with HP Indigo’s ElectroInk to be utilized for authentication and anti-counterfeiting.
This security ElectroInk will be marketed and sold around the world by VerifyMe to HP Indigo customers, along with VerifyMe’s readers and authentication tools, which can be used in combination with security ElectroInk. Both companies will provide support to HP Indigo customers that use security ElectroInk on HP Indigo’s digital printing presses.
VerifyMe, Inc. (VRME), closed Friday's trading session at $0.120199, down 14.08%, on 283 volume with 1 trade. The average volume for the last 60 days is 21,312 and the stock's 52-week low/high is $0.065/$2.75.
PharmaCyte Biotech, Inc. (PMCB)
OTCJournal, Penny Picks, Damn Good Penny Picks, InvestorPlace, Wall Street Corner, Stock Market Media Group, Goldman Small Cap Research, SmallCapNetwork, and Cannabis Financial Network News reported earlier on PharmaCyte Biotech, Inc. (PMCB), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
PharmaCyte Biotech, Inc. is a clinical stage biotechnology company that centers on developing targeted treatments for cancer and diabetes applying its signature live cell encapsulation technology, Cell-in-a-Box®. This innovative and patented technology is being used as a platform upon which treatments for many types of cancer, including advanced, inoperable pancreatic cancer, and diabetes are being built. PharmaCyte Biotech is headquartered in Silver Spring, Maryland.
The Company is also working towards improving the quality of life of patients with advanced pancreatic cancer and on developing treatments for other types of solid cancerous tumors. PharmaCyte Biotech’s treatment for pancreatic cancer involves low doses of the recognized anticancer prodrug ifosfamide, together with encapsulated live cells, which convert ifosfamide into its active or "cancer-killing" form. These capsules are placed as close to the cancerous tumor as possible. This is to enable the delivery of the highest levels of the cancer-killing drug at the source of the cancer.
PharmaCyte is also developing treatments for cancer founded upon chemical constituents of the Cannabis plant, called cannabinoids. It is examining ways to exploit the benefits of Cell-in-a-Box® technology in optimizing the anticancer effectiveness of cannabinoids, while minimizing or outright eliminating the debilitating side effects generally associated with cancer treatments.
The live-cell encapsulation technology that the Company uses is a way to enclose living cells in protective “cocoons” around the size of the head of a pin. PharmaCyte encapsulates living cells, not drugs. Each capsule can enclose roughly 10,000 cells. This number can vary depending upon the size of the cells encapsulated. PharmaCyte Biotech is advancing its new treatment for pancreatic cancer into the clinic in the U.S., with study sites in Europe and Australia.
The Food and Drug Administration (FDA) has now granted PharmaCyte Biotech’s request for a pre-IND (Investigational New Drug) meeting. A host of oncologists, clinicians, and scientists, which represent PharmaCyte will now sit down with the U.S. regulatory agency to gain important insight that will assist them in filing an Investigational New Drug (IND) application. This is the final step before patients can be enrolled in a clinical trial.
This week, PharmaCyte Biotech released the first article in a series of Q&A articles that will be conducted with some of the key team members of the Company’s planned clinical trial in locally advanced, inoperable pancreatic cancer (LAPC). PharmaCyte Biotech’s first Q&A article is with Dr. Matthias Löhr of the renowned Karolinska Institute in Stockholm, Sweden. Dr. Löhr was the Principal Investigator of the two earlier clinical trials using the Cell-in-a-Box® technology in patients with advanced, inoperable pancreatic cancer.
PharmaCyte Biotech, Inc. (PMCB), closed Friday's trading session at $0.1202, down 23.19%, on 23,521,985 volume with 2,036 trades. The average volume for the last 60 days is 5,774,186 and the stock's 52-week low/high is $0.023/$0.1595.
Two Rivers Water & Farming Company (TURV)
Jet-Life Penny Stocks, Stock News Now, Cannabis Financial Network News, SmallCapVoice, TopPennyStockMovers, IRGnews Alert, and Stock Guru reported earlier on Two Rivers Water & Farming Company (TURV), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Two Rivers Water & Farming Company is building a new water model for the arid regions of the southwestern U.S. The Company assembles its water assets through acquiring irrigated farmland with senior water rights because 85 percent of water rights in the arid southwest are owned by agricultural interests. Two Rivers transforms the value of its water rights and farmland by continually developing operations, which produce higher revenues and better profit margins. Two Rivers Water & Farming is based in Denver, Colorado. GrowCo, Inc. is an indirect subsidiary of Two Rivers Water & Farming Company.
Two Rivers’ present farm operations convert feed crop farmland into fruit and vegetable crop production in Pueblo County, Colorado. The Company is providing greenhouses and processing facilities for licensed marijuana growers in Colorado on land with water rights not used for fruit and vegetable crop production. Two Rivers also develops Metropolitan Districts to serve underserved communities in rural area in which Two Rivers' farmland and water rights are located.
Regarding Farming, Two Rivers’ produce sells to national accounts via its wholly-owned subsidiary Dionisio Farms & Produce. Concerning Water, Two Rivers owns a portfolio of water rights in the Arkansas River Basin in Colorado, obtained in connection with its purchases of irrigated farmland.
The Company’s majority-owned subsidiary, GrowCo, was established in May 2014 to construct greenhouses and processing facilities for lease to licensed marijuana growers in Colorado. GrowCo, via its subsidiaries, combines proprietary greenhouse technology with the water, land, and capital to build state-of-the-art greenhouse facilities for licensed marijuana growers. GrowCo focuses on the building of cannabis greenhouses and providing financing and administrative services to the tenants of the greenhouses.
GrowCo entered a series of agreements earlier this year to recapitalize GrowCo, re-lease its greenhouse facilities, and formalize the ownership interest and relationship that Two Rivers has with GrowCo moving forward. Moreover, this past August, GrowCo announced that GrowCo Partners 2, LLC (GCP 2) completed the purchase of roughly 40 acres of land at 39335 Harbour Road, Avondale, Colorado. This is the development site for GrowCo's second greenhouse and an extraction facility.
In association with completing the land purchase, GCP 2 issued Two Rivers 5,100,000 common membership interests in GCP 2 representing 50 percent of the economic interest in GCP 2. GrowCo agreed, as part of the establishing and development of GrowCo, to issue Two Rivers a 50 percent economic interest in each greenhouse facility until GrowCo becomes a public entity.
Recently, GrowCo announced that a new tenant, a sublease of its existing tenant, was approved on November 28, 2016 by the Pueblo County Liquor and Marijuana Licensing Board to immediately commence growing marijuana in GrowCo's first greenhouse located in Pueblo County, Colorado. GrowCo expects its second greenhouse to be completed in Q1 of 2017.
Two Rivers Water & Farming Company (TURV), closed Friday's trading session at $0.415, up 1.22%, on 88,970 volume with 52 trades. The average volume for the last 60 days is 151,209 and the stock's 52-week low/high is $0.12/$1.19.
Thunder Mountain Gold, Inc. (THMG)
FeedBlitz reported previously on Thunder Mountain Gold, Inc. (THMG), and we are highlighting the Company today, here at the QualityStocks Daily Newsletter.
Thunder Mountain Gold, Inc. is a junior gold exploration company. It owns interests in a number of U.S. precious metals projects. Thunder Mountain Gold's chief asset is The South Mountain Project. The South Mountain Project is positioned on private and patented land in southern Idaho, just north of the Nevada border. Thunder Mountain Gold has its headquarters in Boise, Idaho.
Another main asset of the Company is its Trout Creek Project. This is a grass roots gold target in the Eureka-Battle Mountain trend of central Nevada, now under Joint Exploration Agreement with Newmont USA Limited.
Thunder Mountain Gold owns 100 percent of the South Mountain Mine. This mine has a land package comprising around 1,200 acres of mostly private land - both owned outright and leased. A new gold discovery was revealed in 2009 during fieldwork at South Mountain. The Company’s plan of operation for this, subject to business conditions, is to continue to advance the development at the South Mountain Project.
Thunder Mountain Gold’s other projects include Clover Mountain. The Company controls 40 unpatented lode mining claims, covering approximately 800 acres, near Clover Mountain in Owyhee County, Idaho. In addition, its West Tonopah Property consists of 8 unpatented lode mining claims totaling 160 acres in the Tonopah Mining District, Esmeralda County, Nevada.
The South Mountain Project will remain Thunder Mountain Gold’s focus. However, it also continued the exploration and advancement of the Trout Creek Project in 2015. The Trout Creek target is in the Reese River Valley area south of Battle Mountain, Lander County, Nevada. The target contains 60 unpatented lode mining claims. Trout Creek is on an important trend with Newmont's Phoenix Mine and the Gold Acres, Pipeline, and the Cortez Mine lies to the southeast.
Thunder Mountain Gold signed an Amendment, which modifies and extends the exploration Minerals Lease and Agreement with Newmont USA Limited on Thunder Mountain Gold 's Trout Creek Project. The extension allows it additional time to complete work requirements on the project and reduces the yearly work obligations.
Recently, Thunder Mountain Gold announced that its Board appointed Mr. James A. Sabala as a Director of Thunder Mountain Gold. He replaces Mr. Ed Fields who will step aside and serve the Board as Technical Advisor. Before his retirement in May 2016, Mr. Sabala was Senior Vice President (SVP) and Chief Financial Officer (CFO) of Hecla Mining Company. Hecla is a silver, gold, lead, and zinc mining enterprise, with operations throughout North America and Mexico.
Thunder Mountain Gold, Inc. (THMG), closed Friday's trading session at $0.113, up 10.57%, on 28,000 volume with 7 trades. The average volume for the last 60 days is 12,746 and the stock's 52-week low/high is $0.02/$0.155.
GainClients, Inc. (GCLT)
The QualityStocks Daily Newsletter would like to spotlight GainClients, Inc. (GCLT). Today, GainClients, Inc. closed trading at $0.049, up 38.03%, on 140,500 volume with 11 trades. The stock’s average daily volume over the past 60 days is 173,734, 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. Retains Largest Real Estate Customer on its GCard Service
GainClients, Inc. Announces Corporate Update
GainClients, Inc. Enters Into A Licensing Agreement with Real Estate Technology Upstart CLOVIS, LLC To Expand Its Technology Platform
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 $0.088, up 3.53%, on 22,960 volume with 7 trades. The stock’s average daily volume over the past 60 days is 9,124, and its 52-week low/high is $0.0701/$1.67.
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:
NetworkNewsWire Releases Exclusive Audio Interview with National Waste Management Holdings, Inc. (NWMH)
National Waste Management Holdings, Inc. (NWMH) Engages NetworkNewsWire for Corporate Communications Solutions
National Waste Management Holdings Inc. Reports 269% Increase in Third-Quarter Revenue
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 $4.55, up 1.11%, on 6,225 volume with 24 trades. The stock’s average daily volume over the past 60 days is 25,648, and its 52-week low/high is $0.6101/$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:
Marsee Wilhems Team Joins eXp Realty in Tucson
Fundamental Research Corp. Updates its Coverage of eXp World Holdings, Inc.
eXp World Holdings, Inc. Reports Record Revenue and Growth for Third Quarter 2016
Dominovas Energy Corp. (DNRG)
The QualityStocks Daily Newsletter would like to spotlight Dominovas Energy Corp. (DNRG). Today, Dominovas Energy Corp. closed trading at $0.0016, even for the day, on 9,490,145 volume with 57 trades. The stock’s average daily volume over the past 60 days is 16,468,237 and its 52-week low/high is $0.001/$0.058.
Dominovas Energy Corp. (DNRG) is an energy solutions company dedicated to bringing clean, sensible and reliable power to areas of the world that lack this precious commodity. Recognizing the incredible growth and profit opportunities of the green and alternative energy markets, Dominovas Energy defined a sustainable deployment model to take a leading position among alternative green energy solutions providers.
At the heart of Dominovas Energy’s Fuel Cell Division is a revolutionary energy solution powered by the RUBICON™ Series Solid Oxide Fuel Cell (SOFC) Technology. Invented by inventor, scholar, professor and visionary Dr. Shamiul Islam, RUBICON™ achieves more than 50% fuel-to-electricity efficiency, providing cost effective, clean, significantly-reduced emissions with silent operations in 100kW to multi-megawatt power arrays. The proprietary system is capable of reforming and converting multiple fuel stocks, and is expected to become the “PLATINUM Standard” by which all other fuel cell technologies are measured.
In early 2014, Dominovas Energy was acquired by Western Standard Energy Corp. in a merger transaction in which Dominovas Energy was the emerging entity. Per the acquisition, Dominovas Energy obtained Western Standard’s 49.25% ownership of award-winning renewable energy company Pro Eco Energy Ltd. Pro Eco Energy provides award-winning heating and cooling systems for commercial and public buildings, delivering the newest alternative energy technologies for energy efficient HVAC systems in a timely and cost-competitive manner.
Dominovas Energy intends to build and own fuel cell utilities worldwide, joining the ranks of some of the world’s largest and most well-known companies that are already taking advantage of the vast opportunities of fuel cell systems. The RUBICON™ is far superior to any other system on the market today, and Dominovas Energy’s ability to produce a fuel cell that accepts multiple fuel sources is invaluable to meet the demands of the mass market. Disclaimer
Dominovas Energy Corp. Blog
Dominovas Energy Corp. News:
Dominovas Energy Continues Discussions with Madagascar for Energy Projects
Dominovas Energy Secures Gas Supply for South Africa
Dominovas Energy Dispatches Watkins to Meet With Gas Supplier
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $2.60, even for the day, on 6,901 volume with 6 trades. The stock’s average daily volume over the past 60 days is 10,532, 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 Group (MKGI): Tip of the Travel Industry Iceberg -- SECFilings.com
Recruiter.com Launches Custom Travel & Loyalty Program via Monaker Group Partnership
Monaker Groups Alternative Lodging Vacation Rentals Gain Exposure to Decision Makers at Over One Million Companies Worldwide
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