Independent research group Fundamental Research Corp. announced that it has updated its analysis of eXp World holdings, Inc. (OTCQB: EXPI) with an increased fair value estimate and revenue forecast after the company’s record financial results in the third quarter of 2016. The research firm began coverage of eXp World Holdings in April and has already updated its projections once in August amid the group’s unprecedented high growth driven by its real estate brokerage division, eXp Realty.

eXp Realty has remained the driving force behind the group’s increase throughout the last few months, as it is currently one of the fastest growing real estate brokerages on the U.S. market, having nearly tripled in size and operations since inception. The Agent-Owned Cloud Brokerage™ currently has more than 2,200 real estate professionals serving 41 states, the District of Columbia, and Alberta, Canada. eXp Realty had only 864 agents on January 1 of this year and 1,580 in August, when the previous Fundamental Research Corp. report was released.

In its latest report (http://dtn.fm/7AopD), released on Monday, Fundamental Research Corp. raised its year-end agent forecast to 2,400, up 300 from its previous estimate of 2,100. The research group also raised its average agent count for 2017 while maintaining its year-end estimate at 4,500 agents. The long-term agent count forecast was also raised from 15,000 to 25,000 by 2022. According to the report, EXPI’s ability to attract successful real estate professionals at such an impressive rate is vital and will enable the company to continue its rapid growth of its agent base.

The revenue forecast for 2016 was also raised to $53.46 million from $48.94 million. For 2017, the research group estimates a higher revenue of $101.43 million, compared to the previous estimate of $82.50 million. Noting that EXPI’s revenues in Q3 increased by 112% year-over-year to $15.77 million, and that total revenues for the first nine months of 2016 were $36.18 million, 120% higher than the same reporting period last year, Fundamental Research Corp reiterated its ‘Buy’ rating for the company, with a raised fair value estimate of $6.78 per share compared to the current $4.06 per share.

The research group also reiterated its risk rating of 4 for the company, outlining the following potential risks: the high competitive nature of the real estate brokerage industry, the company’s overall profitability being very dependent on the health and state of the real estate market, the fact that the company is still in a growth stage with a rather short track record and has yet to prove its ability to retain agents long-term, and the company being susceptible to negative regulatory law changes, as any other real estate brokerage on the market.

The company’s exponential growth rate is the direct result of eXp Realty’s unique business model that relies heavily on cloud-based technologies and advanced virtual reality platforms to build a strong online community of real estate professionals. Without the limitations of a brick and mortar office and related expenses, members can provide efficient customer service and increase their profits with a lower risk. The company also offers all agents the possibility of being owners by giving them access to revenue sharing programs and the opportunity to become shareholders based on their contribution to company growth.

For more information, visit the company’s website at www.eXpWorldHoldings.com

Let us hear your thoughts: eXp World Holdings, Inc. Message Board

The use of mobile devices is on the rise. Consumers across the globe want to be able to research, communicate, shop, and generally do pretty much everything on a mobile basis. It’s a well-known fact that websites not optimized for mobile use do not reach the same audience and, in turn, miss out on leads and sales. Since the launch of Apple and Android products and applications, the mobile world has changed.

Every industry has seen a shift toward this new phenomenon, and the real estate industry is no exception. Aside from transaction management being made easier, the new era of mobile technology is a development in client engagement and the way merchants, or in this case realtors, communicate with their consumers. Today, clients not only expect faster responses, but increased access to their real estate agents and brokers.

Because mobile technology now equips on-the-go consumers with more information than ever before, the job of the real estate agent has begun to shift. Instead of finding properties for their clients, real estate agents now often spend their time vetting properties that clients have found themselves online. Agents and brokers are now able to complete the majority of the research and work for the client through their mobile devices.

According to an infographic designed by Wolf Net (http://dtn.fm/90aUm), 89% of home shoppers use mobile devices to undertake their property search. GainClients, Inc. (OTC: GCLT), a software service company developing marketing services for real estate professionals and valuable home search and area information tools for consumers, is now promoting its new service, the GCard.

The GCard is a web and mobile real estate networking system for industry professionals and consumers. The platform brings together the entire real estate industry via a text or email invitation and helps real estate professionals serve clients by allowing them to share a range of important real estate data. The GCard has been designed to help build relationships among realtors and consumers by capitalizing on the ongoing transition toward mobile solutions.

The growth of mobile technology, combined with applications such as GainClients’ GCard, not only enables potential property buyers to have access to property details and images but also allows real estate agents and brokers to stay ahead of the game from a marketing and customer care point of view. This enhanced communication platform makes the process of buying and/or selling a home quicker and easier for both parties.

For more information, visit the company’s website at www.gainclients.com

Let us hear your thoughts: GainClients, Inc. Message Board

This has been a successful year for Moxian, Inc. (NASDAQ: MOXC). The company, a China-based provider of social media marketing and promotion platforms, has been making progress toward achieving its plans for expansion. Since its beginnings in 2010, MOXC has launched the Moxian+ User Application for consumers to take advantage of various social networking tools, rewards, activities, and games. Separately, the company launched its Moxian+ Business Application, allowing merchants to build relationships with consumers and manage advertising.

With China leading the O2O market today, it is no surprise that MOXC has been targeting small- to medium-sized businesses in the larger metropolitan areas of China. In January of this year, Moxian established its Beijing subsidiary, Moxian Technologies (Beijing) Co. Ltd., in the Dongcheng district of Beijing. This new corporate subsidiary is focused on growing sales in the Beijing area. The company also plans to expand its in-house sales team in Beijing to 50 salespeople in order to pursue maximum market penetration.

In addition, according to an updated coverage report of Moxian, Inc. undertaken by Crystal Equity Research (http://dtn.fm/qMT9c) and released on August 30 of this year, the company has “perfected and tested its O2O platform in Asian markets and is homing in on the largest metropolitan areas in China.” The report also states that Moxian should see a dramatic increase in revenue from merchant subscriptions, as it has now opened direct sales offices in some of the most popular areas of China. Moxian could also be building distribution partnerships with third parties that already have significant relationships with merchants.

Driving more sales and expanding to Beijing are not the only highlights from 2016. Recently, MOXC uplisted to the Nasdaq Capital Market. The release of this news was accompanied by that of Moxian completing a best efforts public offering of over 2.5 million shares of its common stock at a public offering price of $4 per share. This uplisting will play a key role in widening MOXC’s visibility within the investment world as well as increasing shareholder value.

For more information, visit the company’s website at www.Moxian.com

Let us hear your thoughts: Moxian, Inc. Message Board

Conatus Pharmaceuticals, Inc. (NASDAQ: CNAT), a biotechnology company focused on the development and commercialization of new medicines to treat a variety of liver diseases, recently announced its financial results for the third quarter of 2016 ended September 30. The company reported no revenue, as it is still in the clinical development stage.

As a result, focus has been on the development of its lead compound, Emricasan, an orally active pan-caspase protease inhibitor that should reduce the activity of human caspases, the enzymes that mediate inflammation and apoptosis. CNAT believes that by reducing the activity of these enzymes, its compound, Emricasan, can interrupt the progress of liver disease and provide potential treatments.

In terms of financial results, the third quarter earnings loss was in-line with street estimates, and cash on hand stands at approximately $31.1 million, which the company believes is enough to maintain operations throughout 2017. Although net loss was slightly higher than this time last year, research and development, administrative, personnel, consulting, legal, and accounting expenses were up due to the progression of the company’s ENCORE program.

This month, the company initiated a randomized, double-blind, placebo-controlled phase IIb clinical trial called ENCORE-PH, which will show results after 24 weeks of twice-daily treatments with Emricasan. Two other ongoing Emricasan phase IIb clinical trials include POLT-HCV-SVR and ENCORE-NF. All phase IIb clinical trials evaluate the potential improvements in various forms of fibrosis and steatohepatitis, as well as the effects Emricasan.

A number of analysts have now published positive reports on Conatus Pharmaceuticals. Zacks Investment Research upgraded the company from ‘Hold’ status to ‘Buy’, while several other research firms offered CNAT an ‘Outperform’ status and upped their price targets on shares. Price targets range from $6 to $16.

Aegis Capital Corp. (http://dtn.fm/YZ3w8) published a company update report giving Conatus Pharmaceuticals a ‘Buy’ rating with a price target of $7. This was based on the fact that the company’s EPS is in line for the third quarter of 2016, in addition to the announcement of the ENCORE-PH trial initiation earlier this month.

Several large investors have made changes to their positions in the company’s stocks, according to an article on the Cerbat Gem Market and News Analysis (http://dtn.fm/nM0bG) website. The article reports that KCG Holdings, Inc. bought a new stake in shares during Q3 2016 worth $135,000, and that E. Shaw & Co. and Bank of New York Mellon Corp. upped their stakes in shares by over 94% and 2%, respectively. Courage Capital Management LLC also bought a new stake in shares worth $200,000, while Vanguard Group, Inc. boosted its stake in shares by over 3%.

For more information, visit the company’s website at www.conatuspharma.com

Vanda Pharmaceuticals, Inc. (NASDAQ: VNDA), a biopharmaceutical company focused on the development and commercialization of pharmaceutical products to help in the treatment of central nervous system disorders, now has a product portfolio made up of HETLIOZ® (tasimelteon), Fanapt® (iloperidone), Tradipitant (VLY-686), Trichostatin A, and AQW051, all of which address high unmet medical needs and improve the lives of patients.

The company recently released its financial results for the third quarter of 2016 (ended September 30) highlighting that total revenues grew to $38.5 million, an increase of 7% over the second quarter of this year. This was also a 36% increase compared to Vanda’s $28.3 million during the third quarter of 2015, with an increase to cash of $6.6 million.

As a result, several research firms across the U.S. have commented on VNDA. Aegis Capital Corp. (http://dtn.fm/G6slI) initiated coverage of Vanda Pharmaceuticals, giving the company a ‘Buy’ rating with a target price of $24. The report’s investment highlights included HETLIOZ® for non-24, Fanapt®’s asset life extension through November 2027 due to the company’s ‘610 patent win, and the fact that Vanda R&D programs in the pipeline carry lower than average development risks.

Jefferies Group, Brean Capital, and Piper Jaffray Cos. also gave Vanda Pharmaceuticals a ‘Buy’ rating, with a target price ranging between $19 and $24. JMP Securities gave Vanda a “Market Outperform” rating, upping its price target on shares from $18 to $22. In addition, many large investors have also upgraded their positions with Vanda Pharmaceuticals, Inc.

According to the Cerbat Gem Market News and Analysis (http://dtn.fm/bQS1s) site, the Bank of Montreal in Canada bought a new stake in shares worth approximately $132,000; UBS Asset Management Americas, Inc. increased its position within the company by just under 11%, making them the proud owners of 16,300 shares; and Paloma Partners Management Co. bought a new position worth approximately $192,000. Jane Street Group LLC and TFS Capital LLC bought new positions worth about $200,000 and $210,000 respectively.

Vanda Pharmaceuticals, Inc.’s earnings per share beat the consensus estimate by $0.13, and it beat the earning consensus estimate by approximately $0.43 million. The company’s non-GAAP EPS came in above street estimates of $0.01 at a huge $0.11, and full year revenue has gone from $143 million to $153 million.

For more information, visit the company’s website at www.vandapharmaceuticals.com

Before the opening bell, Dominovas Energy Corporation (OTCQB: DNRG) announced that it has executed a Memorandum of Understanding (MOU) with South Africa-based Egoli Gas (Pty) Ltd outlining terms for the reliable supply of natural gas, as required for the operation of the company’s proprietary RUBICON™ Solid Oxide Fuel Cell (SOFC) system. Natural gas delivered as a result of this MOU is expected to support both the upcoming RUBICON™ demonstration unit at the University of Johannesburg and any additional units to be installed throughout South Africa’s largest city.

This morning’s announcement comes nearly two weeks after Dominovas Energy announced that Michael Watkins, the company’s chief operating officer and president of its fuel cell division, was dispatched to meet with a natural gas supplier in South Africa. At that time, Dominovas Energy gave investors some insight into its decision to forego the use of liquefied petroleum gas (LPG) for its upcoming installations in favor of natural gas. The company noted that the use of LPG was found to be problematic in the region “because of inconsistencies in the quality of the LPG, as well as the overall lack of logistics to support the delivering of LPG in South Africa.”

This fuel flexibility demonstrates one of the biggest advantages of the RUBICON™ in providing reliable power generation capacity throughout sub-Saharan Africa. According to Dominovas Energy’s website, the SOFC technology behind the RUBICON™ can be powered through the use of a wide variety of fuel sources, including hydrocarbon fuels such as diesel, natural gas, propane, ethanol and methanol, as well as bio-derived fuels and pure hydrogen.

“Identifying and evaluating the proper fuel source for the RUBICON™ is of paramount importance for the execution of the Company’s business model in South Africa,” Watkins stated in this morning’s news release. “After having identified all integers and eliminating the main barrier for the commercial deployment of the RUBICON™, I am quite excited to have secured an extraordinary and well respected Company who will be a cornerstone infrastructure partner that sets the stage for the installation of the RUBICON™ in South Africa.”

In the coming months, Egoli Gas will install the infrastructure required to support a dedicated natural gas pipeline on the campus of the University of Johannesburg. Per this morning’s update, Egoli Gas anticipates that the pipeline will be complete and ready for operational use by April 1, 2017. The installation and use of this supply line are expected to serve as a demonstration of the benefits of effective natural gas use, creating a foundation upon which Dominovas Energy and Egoli Gas will look to develop a long-term partnership resulting in the installation of additional multi-MW scale projects within Johannesburg and across the country.

“We have been working with Dominovas Energy to solidify our relationship and to identify the scope of our contribution to the first-ever SOFC systems in South Africa,” Tyusha Monde, managing director of Egoli Gas, added in this morning’s news release. “The opportunity to supply natural gas for the RUBICON™ and to become a long-term gas supplier for Dominovas Energy’s future projects in Johannesburg and throughout South Africa is, indeed, exciting and a step of monumental proportions for us at Egoli Gas.”

For more information, visit www.DominovasEnergy.com

Let us hear your thoughts: Dominovas Energy Corp. Message Boards

Distilling complexity into actionable intelligence is the core focus for recently rebranded data analytics outfit Cogint, Inc. (NASDAQ: COGT). Cogint rang the NASDAQ bell (http://dtn.fm/OTm74) only a handful of days after transitioning shares over to the exchange, amid a big push by the company to secure and expand an increasingly dominant footprint in massive scale, people-based digital marketing and customer acquisition solutions via its Fluent (http://dtn.fm/IL7j5) subsidiary. Fluent is a data-driven performance marketing suite powered by the same proprietary, next-gen data fusion platform known as CORE™, which also powers the company’s analytical and risk management solutions.

Fluent is changing the laws of marketing with a suite of tools that enable the company’s clients to serve personalized, targeted ads and acquire extremely loyal brand customers by leveraging user-generated responses and real-time interactivity. With digital display ad spending overtaking search ad spending this year for the first time in history – as the biggest categories like video, rich media and banners take up approximately half the $32 billion plus pie (http://dtn.fm/iN4HV) – a hyper-targeted and user-centric digital marketing/customer acquisition and retention solution like Fluent finds itself in an advantageous position when it comes to distinguishing itself.

Over 500 leading brands, such as online home improvement marketplace BuildDirect, Finish Line (NASDAQ: FINL) and Western Union (NYSE: WU), already trust Fluent to deliver the goods, and have come to rely upon the industry-leading data acquisition, mobile app install and performance display ad solutions located within the suite. BuildDirect, for instance, saw a 25 percent jump in user engagement thanks to Fluent’s ReConnect™ solution for supercharging an email marketing program.

One secret to Fluent’s success in this arena is the immense reservoir of proprietary consumer data that the company already has at its fingertips. The marketing suite is empowered by an enviable feedback loop with the consumers themselves, consisting of over 700,000 direct user interactions, six million survey responses, and more than 1.2 million ad responses per day. A brand looking to do consumer marketing through mobile user acquisition/retention, other audience engagements tool and data acquisition has a powerful over-the-horizon radar system in Fluent. And the platform has a proven track record of being able to produce tangible results, relying to a great extent on the unprecedented precision of the platform’s user-driven targeting matrix.

The company plans to dramatically increase the size and scope of Fluent’s business moving forward (http://dtn.fm/V9Xu5), using a combination of diligent retargeting of pre-qualified audiences across all connected device types, and the enabling of mobile display, search, social, video and eventually addressable television campaigns. This is where Cogint’s Q Interactive (http://dtn.fm/ILx29) subsidiary really shines, as a direct publisher crafting tailored lead generation for digital, performance-based campaigns – and one which is squarely focused on maximizing advertiser’s return on investment. Q Interactive works hand-in-hand with advertisers to hone the target matrix of ideal consumer profiles down to the ideal level, exploiting the company’s enormous user engagement envelope to intelligently place a given brand, product or service directly in front of those most receptive to it. At the same time, Q Interactive is able to drive high quality traffic generation by being able to offer publishers first rate monetization for the best traffic. Q Interactive’s various promotions, coupons, sample campaigns and the like are some of the most lucrative monetizing properties online today.

Again, at the center of all this is a cloud-based custom data analytics backbone engineered from the ground up to handle any kind of data type (such as behavioral and demographic, or transactional), and deliver actionable intelligence that is suitable to any industry. Actually the fusion of CORE and the company’s Agile Acquisition Engine™, this same technology backbone that enables complex digital performance marketing tasks also enables COGT to offer its clients the ability to do extremely in-depth investigative work. Tasks such as fraud detection/prevention, identity verification, regulatory compliance, and location (skip) tracing are a breeze for Cogint’s IDI (Interactive Data) subsidiary and its idiCORE (http://dtn.fm/W1Rb5) investigative solution. This is really worth taking into consideration when you look at a report like the one out of IDC last month, which not only projected that big data and analytics would go more mainstream in coming years, but that the market is on track to top $203 billion by 2020 (http://dtn.fm/7UcwL).

While similar data fusion architectures may exist, they are costly and largely outdated. On the other hand, idiCORE is an extremely efficient (and therefore less expensive) system, which is able to yield higher-fidelity data and at a lower cost. The idiCORE platform utilizes proprietary linking technology (algos/logic) and machine learning principles which, when paired with the company’s massive data repository (that includes credit header data, public records, private/proprietary sources and more), allows for superb relational resolutions, whether one is looking at connections, individual people, or assets. And idiCORE has an impressive pedigree too, being the next-gen data fusion solution that stands on the shoulders of data fusion pioneer Hank Asher’s work. Asher was the architect behind market heavy hitters Accurint® (http://dtn.fm/SU01a) (now owned by LexisNexis, RELX Group) and TLOxp® (http://dtn.fm/m6CeA), now owned by TransUnion (NYSE: TRU).

CEO and Interim President of COGT, Derek Dubner, worked closely with Asher (regarded by many as the father of data fusion) for 15 years and was general counsel to TLO, from its inception through to its eventual sale to TransUnion. Dubner was quite proud of idiCORE’s recent successes during COGT’s Q3 earnings call (http://dtn.fm/6E8Wh), where he highlighted the addition of key foundational datasets, including a gigantic database of motor vehicle records to idiCORE, as well as the platform’s improved data sorting features.

Most noteworthy among the quarterly data release is a 27 percent revenue uptick to $52.2 million (http://dtn.fm/bKbG2) (compared to Q2), with performance marketing having accounted for the lion’s share of revenues at around 70 percent. Dubner also threw a spotlight on the ongoing expansion of the company’s cutting-edge idiCORE investigative solution, particularly as it relates to Cogint’s risk management division, before touting the enhanced search functionality and accuracy idiCORE now possesses.

It’s no wonder the company recently tapped two industry veterans to join the team. Harry Jordan came on board as COO in early August (http://dtn.fm/Y4pOe) and brought two decades with outfits like LexisNexis along, including a wealth of experience in M&A that led to such landmark deals as the ChoicePoint and Seisint acquisitions. Twenty-year industry veteran Jeff Dell was appointed CIO in mid-September (http://dtn.fm/O8p8F). A natural transition from the same roles Dell played at TLO and Seisint, roles which uniquely prepared him to be the top information security professional for COGT, as the company expands and looks to continue increasing security.

Dubner was keen to point out in the Q3 earnings call that there was a whopping 400 percent CAGR for Q3 when it comes to the number of online transactions done using idiCORE. It’s very exciting statistic about how ingrained this intuitive solution has already become among end markets, as well as being a positive sign about the raw, overall platform adoption rates. Additionally, Dubner cited the abnormally high number of contract versus transactional usages seen thus far with idiCORE, remarking how odd it was for a new product on launch. It’s a very positive sign indeed, as it indicates end users are having a very good reaction to the solution, from both usability and intuitiveness standpoints.

Wringing actionable intelligence from the complex web of information requires a database-spanning fusion engine such as idiCORE. This data fusion engine can deliver the kind of penetrating investigative and risk management capabilities needed to map and study the intricate connections between even seemingly disparate data points like assets, businesses, or people – and idiCORE can do it all in real-time.

To learn more about Cogint, visit www.cogint.com

In a recent news release by Professional Diversity Network, Inc. (NASDAQ: IPDN), it was announced that Cosmic Forward Limited (“CFL”), a Seychelles-based private company, now owns 51% of the Internet software and services company, which specializes in providing career networking for women and diverse professionals.

IPDN recently completed the sale of 1,777,417 shares of its common stock to CFL for $9.60 per share, generating gross proceeds of approximately $17.1 million, prior to expenses and debt repayment. The capital, along with the newly-formed strategic partnership, is expected to play a role in IPDN’s efforts to expand its operations into a number of global markets, including China. Cosmic Forward Limited is wholly-owned by Maoji (Michael) Wang, Jingbo Song, Yong Xiong Zheng, and Nan Nan Kou.

The National Association of Professional Women (NAPW), a subsidiary of IPDN, provides an online platform offering employer clients covering more than 200 industries and professions a way to find professional talent while helping them comply with the Office of Federal Contract Compliance Programs.

In the news release, Star Jones, president of IPDN, added, “I am extremely proud that our partnership with CFL allows Professional Diversity Network to capture a new audience and grow exponentially by taking women’s empowerment, diversity recruiting, skills training and innovative technology global.”

In a related move, IPDN announced results of an earlier self-tender offer to repurchase up to 312,500 shares of its common stocks. IPDN has accepted 312,500 shares of its common stock at a purchase price of $9.60 per share, for a total purchase price of approximately $3.0 million net to the seller in cash, less any applicable withholding taxes and without interest.

See http://dtn.fm/F1xD2 for the detailed press release.

For more information on Professional Diversity Network, please visit www.prodivnet.com

Park Place Energy, Inc. (OTCQB: PKPL), a Texas-based gas and oil exploration company focused on running international development and exploration projects, anticipates significant growth in terms of cash flow and share prices once it completes the acquisition of three oil and gas companies in Turkey next month. The company, which already has an established presence and offices in the Balkan region via its gas exploration in northeast Bulgaria, entered a purchase agreement with Tiway Oil B.V. in December of last year for the acquisition of three Tiway subsidiaries controlling three oil and gas explorations in Turkey – one offshore and two onshore, for $2.1 million. A $500,000 deposit toward the purchase was already made when the deal was initiated, and plans are to complete the transaction by the end of the year, once all regulatory approvals are received from the Turkish authorities.

The three producing areas that will be purchased from Tiway under the agreement have significant potential, in particular the South Akcakoca Sub-Basin (SASB) offshore gas field. Production from the three assets has averaged 417 barrels of oil equivalent per day (POE/D) in the first nine months of the year. Park Place intends to begin programs to maximize production as soon as the transaction is completed, most likely starting in January of next year.

The main focus will be the SASB gas field in the Black Sea, which is described as having substantial untapped potential, with a total of four platforms, 22 wells of which 10 are fully functional, and an onshore gas processing plant. Tiway has a 36.75% non-operated working interest in SASB. Since its discovery in 2004, the field has produced an estimated 37 billion cubic feet of gas and has yielded roughly $277 million in gross proceeds. Park Place has identified four undeveloped discoveries with the potential of producing up to 60 billion cubic feet of gas in the near future. The company expects the SASB field to generate initial revenue of more than $200 million by the end of 2018, once it launches its production enhancement program consisting of the drilling of four additional wells, construction of a gas lift and re-drilling of some of the existing wells.

The two onshore assets – the Cendere oil field and the Bakuk gas field – are also expected to generate significant revenue and to consolidated Park Place’s presence in the region. Although in operation since the 1990s, Cendere is likely to continue production for another 10 years or more. The field currently has 16 wells producing gross 600 barrels per day, with 110 barrels net to Tiway. Cendere has produced more than 19 million barrels from the 45 million estimated initially. Park Place intends to increase the field’s production further through additional infill well opportunities, possibly extending the field laterally and through low cost perforation in the upper pay zones. The Bakuk gas field, located near the border with Syria, has only one well in operation, averaging roughly 48 Mcf/D during the first six months of the year. There is an estimated 5.8 Bscf gas still in place, according to Park Place figures.

In addition to the Turkish assets, Park Place holds the rights to a gas field in Bulgaria. The Vranino 1-11 Block, located in the northeast portion of the country, is currently not in operation, as the regulatory approvals issued by the Bulgarian government were disputed by local NGOs. Until the situation is resolved, Park Place cannot commence operations to extract gas from coal seams in the area. The company is planning on drilling up to five wells using the latest and safest gas extraction techniques not involving underground coal gasification or hydraulic fracking, which was banned in Bulgaria in 2012. It is believed that the Vranino block may contain more than one trillion cubic feet of recoverable gas and that successful extraction, in addition to the field’s close proximity to a major gas pipeline, can eventually lead to lower gas prices for the entire region.

For more information, visit www.parkplaceenergy.com

GainClients, Inc. (OTC: 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.

For more information, visit the company’s website at www.gainclients.com

Let us hear your thoughts: GainClients, Inc. Message Board