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Monaker Group, Inc. (MKGI) Satisfying the Needs of a Varied Demographic of Holiday Makers

The 21st century has seen a significant change in the lodging industry. This has increased with the growth of the millennial generation. This new demographic of customers has entered into the market with new and different expectations, calling into question what the industry has to offer. This younger audience of travelers is not only more cost conscious, but also more focused on experience.

With this in mind, hoteliers and other industry players have taken into account the fact that this younger generation would prefer a limited service to reduce costs, but with certain added conveniences. To achieve this, many contenders of the lodging industry have cut unnecessary high-cost factors, such as restaurants, large guestrooms, room service, daily housekeeping, and so on. They have worked toward replacing these with more practical alternatives, such as smaller rooms, food to go, free bikes, Wi-Fi, and more.

With these changes, hoteliers and other alternative lodging hosts do have a number of critical success factors to consider. As new lodgings are launched, competitors must know how to position themselves for growth. According to ‘Global Hospitality Insights, Top Thoughts for 2015’ by EY (http://nnw.fm/NvI88), some of the most critical success factors include:

  • Analyzing the market for opportunity gaps
  • Understanding the target market to stay relevant
  • Providing a service that offers an experience not just a place to stay
  • Building a differentiation concept that offers guests a unique experience
  • Establishing whether to target a market with a new brand or by developing an existing one
  • Leading with purpose-driven brand and build a culture based on this
  • Planning the long term execution of the brand

Alternative lodgings have become one of the best opportunities for growth, giving travelers a unique experience without the high-costs and unnecessary services. The introduction of technology in the industry has leveled the playing field, giving new contenders the chance to compete with established brands more quickly. Monaker Group, Inc. (OTCQB: MKGI) offers all of this in one space thanks to its flagship NextTrip.com.

According to CEO Bill Kerby, the company is “committed to building innovative technology platforms and unique product sets for the travel marketplace. We are excited about our current focus and initiatives, and believe we are well positioned to take advantage of the current major uptrend in Alternative Lodging and Travel.” The company’s real-time booking engine features a variety of alternative lodging, from vacation home rentals to resort residences and unused timeshares. From this platform holidaymakers of all demographics can book their entire trips, including accommodation, flights, car rentals, and everything in between.

For more information, visit www.monakergroup.com

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Lucas Energy, Inc. (LEI) Leveraging Acquisition-Based Growth Strategy to Navigate Prolonged Down Cycle in Oil

Houston-based Lucas Energy, Inc. (NYSEMKT: LEI) is a growth-oriented, independent oil and gas company developing significant acreage positions in the Eagle Ford and Austin Chalk resource plays in South Texas. Since mid-2014, the price of a barrel of oil has dropped from over $100 to less than $50, bottoming at about $26 in February of this year. The result has been more than 80 bankruptcies in the energy sector over the past 18 months, with survival becoming the primary objective for industry operators.

Leaning on the experience of its management team, Lucas Energy has survived the recent downturn in energy prices while simultaneously positioning itself to capitalize on the current market environment and expand its national footprint. As part of these efforts, the company announced a purchase agreement to acquire working interests in producing properties and undeveloped acreage in two largely contiguous acreage blocks in the Mid-Continent region. This proposed acquisition, which includes assets from 21 different entities and individuals, is currently under review by the Securities and Exchange Commission, with closing expected to occur by October 2016.

“While the past year was another difficult one for the energy industry, it afforded our Company with multiple opportunities, with the most significant being our agreement to acquire the working interests in certain oil and gas properties in Texas and Oklahoma from Segundo Resources,” Anthony C. Schnur, chief executive officer of Lucas Energy, added in a recent news release.

Moving forward, the completion of the Mid-Continent acquisition will play a key role in Lucas Energy’s growth strategy. The company anticipates a significant increase in daily production stemming from this transaction that will effectively redirect its strategic vision. To better reflect this updated vision, Lucas Energy has also announced plans for a rebranding name change to Camber Energy, a name which the company believes better reflects the inclining production rates typically observed with assets in the Hunton formation of Central Oklahoma’s Mid-continent reserves.

Outside of this planned acquisition, Lucas Energy’s primary development activities are located in the Eagle Ford Shale trend, which is recognized as one of the most active plays in the United States. With the precipitous drop in oil prices over the past year and a half, activity at the company’s Eagle Ford assets has been limited. However, advances in drilling and completion technologies continue to decrease drilling costs, and Lucas Energy will continue to review opportunities to accelerate development of its five million barrels of proved reserves through direct development or strategic partnerships.

Though revenues are down across the board in the oil and gas industry, Lucas Energy paints a promising picture for the future with a three-pronged long-term strategy designed to navigate the prolonged down cycle. First, the company intends to continue developing its acquired and existing assets by working closely with its lender and entering agreements with institutional investors. Second, Lucas Energy will look to capitalize on the down cycle through the completion of bolt-on acquisitions that offer significant value with minimal upfront costs. Finally, the company will continue to pursue material acquisitions in order to create a marketable asset portfolio with expanded drilling inventory.

“The last several years have been difficult for Lucas, and the fiscal 2016 results bear that out. However, we are confident in our future direction and ambitious growth initiative,” reads a recent statement from the company’s management team. “What we will create with Segundo and the establishment of Camber is a platform on which to build our Company, through the acquisition, and development of additional reserves through and out of this cyclical downturn.”

For more information visit www.lucasenergy.com

eXp World Holdings, Inc. (EXPI) Revolutionizing an Industry with Cutting Edge Technology

With advancements in technology hitting each sector of the world, the real estate industry is not far behind. Almost every industry has been subject to some form of digitization, allowing these industries to grow and reach new audiences. This virtual world has enabled real estate companies to reach not only new audiences, but audiences further afield. From the comfort of a computer or a mobile device, people can choose their next homes, no matter where they are.

The real estate industry did not just lean toward a more digital approach because it would sell to more people. This phenomenon has enabled people to gain more information and imagery concerning residential and commercial properties. Thanks to the digital revolution, consumers have more knowledge, context, content and understanding of what they are purchasing. eXp World Holdings, Inc. (OTCQB: EXPI) offers just this with its marketing and cloud technology.

EXPI realized that, despite the evolution of technology, consumers still need real estate agents. They need agents to help them navigate through an emotional process. These services allow agents to give more information, offer perspective and market expertise, and to communicate with sellers on their behalf. As a result, eXp World Holdings created a real estate brokerage with the right people in mind, but without the brick and mortar expenses.

The company uses the Unity3D virtual reality platform to not only help consumers make decisions on their property choices, but also to train, educate, and help their agents build their own businesses. With this, EXPI has been able to grow an internationally renowned brokerage, owned by the agents themselves. Most recently, EXPI was compared to Pokemon Go, the wildly popular location-based reality mobile game that has developed a compelling merger of game and technology. The key difference between the two is that eXp World Holdings uses its unique technological platforms for business in order to help consumers buy and/or sell their homes.

For more information, visit the company’s website at http://investors.exprealty.com

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WRIT Media Group, Inc. (WRIT) Secures Capital through New Funding Round

Before the opening bell, WRIT Media Group, Inc. (OTCQB: WRIT) took a significant step toward the completion of the final phase of development for its proprietary CrypStock digital trading platform when it announced securement of an additional $100,000 in capital through a new funding round. The financing comes as the result of a co-investment by one of the company’s existing investors and a private equity firm. WRIT intends to allocate this capital to the completion of its SEC filings, as well as the payment of expenses associated with the recent acquisition of Pandora Venture Capital and Pelecoin digital currency.

“This round of financing is a vital component of our broader plans to aggressively advance the CrypStock trading platform,” Eric Mitchell, president of WRIT, stated in this morning’s news release. “When launched, it will combine the best digital currency marketing model offered by Pelecoin, with the most widely used digital currencies and real currencies traded on exchanges around the world.”

Since announcing the acquisition of Pandora Venture Capital in mid-June, WRIT has wasted little time in charting its course into the expansive digital currency market. Earlier this month, the company announced beta availability of CrypStock, a proprietary cryptocurrency exchange combining a user-friendly interface with a sophisticated trading platform. Following its planned commercial launch in 2017, CrypStock will offer users more direct access to WRIT’s Pelecoin currency alongside bitcoin, other popular digital currencies and select fiat currencies. WRIT has also outlined plans to introduce a number of proprietary trading modules, including binary options, futures and an algorithm trading subsystem.

Central to the marketability of the CrypStock platform is WRIT’s newly-launched bitcoin alternative, Pelecoin. This digital currency option strays from the traditional cryptocurrency emission system, which generates new currency on a set schedule without regard to the currency’s market value, in favor of an innovative system that focuses on rules and events that increase the market value of Pelecoin. These events include new user registration, acceptance of Pelecoin for real goods or services, and trades between Pelecoin and fiat currencies. When one of these events occur, Pelecoin automatically increases the balance of the individuals who participated, effectively eliminating the complicated ‘mining’ process and putting new coin distribution within reach of new users.

“We are pleased to introduce to market our unique Pelecoin technology, and look forward to the potential it creates not only for WRIT Media and company shareholders, but for the broader digital currency space as well,” added Mitchell. “There are several advantageous ways Pelecoin differs from other digital currencies on the market, and we’re excited to be part of the many advances taking place in cryptocurrency.”

For more information about the company, visit www.writmediagroup.com

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Laguna Blends, Inc. (CSE: LAG) (LB6A.F) (OTC: LAGBF) Enabling Affiliates to Build Their Own Home-Based Businesses

In the United States, 2012 was the year of entrepreneurship. According to GEM’s 2012 United States Report, Total Entrepreneurial Activity (TEA) reached its highest since 1999. The study found that more than 59% of businesses have become home-based. GEM’s findings show that some of the reasons for the growth of home-based businesses include:

  • Lower startup costs
  • No demographic limitations (age group, ethnicity etc.)
  • Easier to outsource volunteers, family members and part time employees

Although many businesses redesigned or started their companies from the comforts of their homes, others opted to simply work remotely. Laguna Blends, Inc. (OTC: LAGBF), a network marketing company focused on the nutritional benefits of hemp-based products, allows its affiliates to build their own home-based businesses. The company operates from a fully virtual 3D technology platform, enabling affiliates to train, recruit, and drive sales from their own computers. LAGBF believes that interactive customer service, consistent corporate communication, and training provided by Laguna Blends’ corporate executives allow the affiliates to be more successful marketers.

Although some companies worry about the levels of productivity, there are a number of benefits arising from this new way of working. For example, companies are cutting costs, including the cost of brick and mortar facilities and unnecessary staffing. The New York Times reported (http://dtn.fm/9OEEu): “Federal employees in Washington who worked from home during four official snow days saved the government an estimated $32 million, according to Kate Lister, president of Global Workplace Analytics, and its research arm Telework Research Network.”

Similarly, Forbes reported (http://dtn.fm/C02Jp) that “half-time home-based work accounts for savings of more than $10,000 per employee per year, according to Telework—the result of increased productivity, reduced facility costs, lowered absenteeism, and reduced turnover. Employees save somewhere between $1,600 to $6,800 and 15 days of time once used driving to work or taking public transportation.”

This said, saving money is not the only objective of introducing remote working to businesses. Forbes also reported that “47% of people who have the option to telework are ‘very satisfied’ with their jobs, compared to 27% of those who are office-bound, according to Telework. Over two-thirds of employers report increased productivity among their teleworkers. Contributing factors include fewer interruptions from colleagues, more effective time management, feelings of empowerment, flexible hours and, of course, even longer hours. The home office never closes.”

Laguna Blends has not only entered into an evolving way of running its business, it is also enabling its affiliates to benefit and thrive from these opportunities. In addition to the fact that affiliates can work from home, the company has put together a number of incentives and competitions to drive affiliates to perform and keep them motivated.

For more information, visit www.lagunablends.com

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International Stem Cell Corporation (ISCO) Insiders Inspire Confidence with Share Purchases

Recent Form 4 filings with the U.S. Securities and Exchange Commission indicate that the management team of International Stem Cell Corporation (OTCQB: ISCO) is bullish on the company. Form 4 is a Statement of Changes of Beneficial Ownership of Securities which every officer, director or holder of 10 percent (insiders) must file to report the acquisition or disposition of a company’s non-derivative and derivative securities. Five Form 4s filed at the end of June this year report purchases of 239,534 shares. Things appear to be looking up at ISCO. Could it be the imminent start of clinical trials that has made insiders so sanguine?

The term ‘insider trading’ has come to mean the illegal practice of using information, not available to the public, to execute trades. However, it is neither immoral nor illegal for insiders to trade. So how can we tell when insiders are trading on private information? A lot depends on the circumstances. Sometimes it may be obvious; sometimes it is not. Therefore, to increase transparency, the SEC requires that share purchases by insiders be made public.

Previously, a Form 4 filing had to be made by the 10th day of the month following the actual transaction. Now, the Sarbanes-Oxley Act of 2002 mandates that a Form 4 must be filed electronically via EDGAR within two business days of each transaction. With regard to sales of shares by insiders, there may be further filing requirements, perhaps because share sales may signal adverse circumstances. A Form 144 must be filed by any insider (or outsider), who intends to sell more than 500 shares or $10,000 worth of restricted, unregistered securities within the next 90 days.

Share purchases by insiders, typically, signal good things ahead. Since insiders know more about their company, they can spot valuation anomalies in the market. Roger Martin, dean of the University of Toronto’s Rotman School of Management has said that, in mapping out an investment strategy, insider trading ‘is about the only thing I would pay attention to’. Prof. Martin is the co-author, with A.G. Lafley, of the best-selling Playing to Win: How Strategy Really Works that ‘outlines the strategic approach Lafley, in close partnership with… Martin, used to double P&G’s sales, quadruple its profits, and increase its market value by more than $100 billion’.

Backing that up is this Investopedia entry (http://dtn.fm/A3pAv):

‘Nejat Seyhun, a renowned professor and researcher in the field of insider trading at the University of Michigan found that when executives bought shares in their own companies, the stock tended to outperform the total market by 8.9% over the next 12 months. Conversely when they sold shares, the stock underperformed the market by 5.4%.’

Widespread share purchases by managements across the board are sure signs of a rising market. The Financial Times cites Ben Silverman, research director of InsiderScore, which tracks insider trades:

“… in the past 30 years, there has been no time when the market bottomed and rallied when it wasn’t preceded by a critical mass of insider buying”. As the saying goes: actions speak louder than words.

International Stem Cell Corporation recently published the results of a 12-month preclinical, non-human primate study. The data demonstrates the safety and efficacy of the company’s proprietary ISC-hpNSC® readily expandable neural stem cell derived treatment of Parkinson’s disease. The results of the study were published in the academic journal Cell Transplantation and end the preclinical stage of ISCO’s Parkinson’s disease program. The data provides further evidence that parthenogenetic neural stem cells can be effective in treating the symptoms of Parkinson’s disease and, along with the previously revealed safety data, formed the basis of ISCO’s application to the Australian regulatory authorities to move this program to the clinical stage.

The Phase I clinical study is a dose escalation safety and preliminary efficacy study of ISC-hpNSC®, intracranially transplanted into patients with moderate to severe Parkinson’s disease. The open-label, single center, uncontrolled clinical trial will evaluate three different dose regimens. A total of 12 participants with moderate to severe Parkinson’s disease will be treated. Following transplantation, the patients will be monitored for 12 months at specified intervals, to evaluate the safety and biologic activity of ISC-hpNSC®. PET scans will be performed at baseline, as part of the screening assessment, and at six and 12 months after surgical intervention. Clinical responses compared to baseline after the administration of ISC-hpNSC® will be evaluated using various neurological assessments such as the Unified Parkinson Disease Rating Scale (UPDRS) and the Hoehn and Yahr rating scales. The study will be performed at Royal Melbourne Hospital in Australia.

For more information, visit www.internationalstemcell.com

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Content Checked (CNCK) App Recognized Among ‘Best Allergy Apps of 2016’ by Healthline

The ContentChecked app by Content Checked Holdings, Inc. (OTCQB: CNCK) was recently named one of the ‘Best Allergy Apps of 2016’ by Healthline, a fast-growing consumer health information site with roughly 65 million monthly visitors. Healthline’s editors carefully selected winners based on the quality, usability and overall effectiveness of apps that help users manage/avoid their allergies by avoiding the cause of allergic reactions.

To view the full list of winners, visit http://dtn.fm/FF8q8

ContentChecked stands out on Healthline’s list for its ability to save users time and stress at the grocery store. With a simple scan of an item’s barcode, users can determine if individual grocery items fit into their specific dietary preferences, and Content Checked’s in-depth product database, which contains up-to-date information for over 70 percent of conventional U.S. food products, helps users uncover suitable alternatives if a product contains one or more of a user’s allergens.

Despite the favorable response to its suite of dietary apps, Content Checked remains focused on continued innovation and staying ahead of the competition. As part of this initiative, the Company recently announced plans to launch updated versions of its three apps that will introduce a new subscription-based service and offer an updated and improved experience for new and existing users. In an interview on the UPTICK Network Stock Day Podcast, Kris Finstad, CEO of Content Checked, offered some additional insight into this planned update.

“Our database is now national, for the U.S., and we’re now going to Canada, as well, and then going to the U.K. and Australia,” Finstad stated in the interview. “This year is going to be our breakthrough year from a revenue standpoint.”

Content Checked has also indicated plans to apply for uplisting to a national exchange, NASDAQ or the NYSE, before the end of 2016. The Company is currently preparing to undertake appropriate corporate governance and other necessary actions, as required to meet the qualifications for uplisting to a national exchange. In April, Content Checked demonstrated these efforts through the appointment of Dr. Göran Rune Skog, an accomplished physician with more than 35 years of experience in the field of medicine, as an independent addition to its board of directors. The Company also enlisted the services of Bonwick Capital Partners as its financial and corporate advisor to assist with the planned uplisting.

To view the company’s full financials, visit the following link: http://dtn.fm/sIJ7M

For more information, visit www.contentchecked.com

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Momentous Entertainment Group (MMEG) is Living on a Prayer

It has been written that, more than anything else, it is the Lord’s Prayer that ‘is the creed that most connects the world’s Christians’. Its humbling entreaty, ‘give us this day our daily bread’, has been interpreted on both the physical and spiritual levels, a recognition that we are a composition of both body and spirit. Yet this symbiosis is not without tension and stress, which has given rise to the idea that material things are corrupt. Momentous Entertainment Group (OTC: MMEG), with its faith-based family-oriented offerings, shows the absurdity of such a proposition. The company is following a path of success already well-traveled.

In spite of our tendency to think of business and worshipping as two completely different, perhaps incompatible courses of social action, there are many business enterprises driven by religious principles or run by practicing Christians. Perhaps the best known of these is Hobby Lobby, the arts and crafts supplier, which sued the federal government. Management felt it could not comply, because of religious beliefs, with certain mandates in the Patient Protection and Affordable Care Act. In Burwell v. Hobby Lobby, the United States Supreme Court ruled that closely-held for-profit corporations, like Hobby Lobby, would be exempt from providing pregnancy-preventive health care coverage for their female workers, if the firm’s owners have religious objections to those services. Forbes puts Hobby Lobby’s 2014 revenues at $3.7 billion.

Then, there is Forever 21. Surprisingly, you’ll find the words “John 3:16” on its shopping bags. John 3:16 is the familiar ‘for God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life.’ In a Washington Post piece, one of the business’s founders said, “I hoped others would learn of God’s love. So that’s why I put [the scripture on the bags].” Forever 21 is a chain of fast fashion retailers based in Los Angeles with 2015 revenues of $4.4 billion.

Tyson Foods (NYSE: TSN), with 2015 revenues of $41.4 billion, is another Christian outfit. The company wears its faith on its shoulders. Among other faith-based initiatives, it operates a Chaplaincy Program with 115 chaplains on hand to cater to the company’s 113,000 employees. An article in The Atlantic proclaims “Chick-fil-A: Selling Chicken with a Side of God”. It goes on to relate, ‘S. Truett Cathy, the chain’s late founder, consistently made business choices based on his Christian beliefs—and turned a humble sandwich into a religious symbol’. Chick-fil-A’s 2015 revenues are close to $6.0 billion. This all shows that Christians can be businesspersons, too.

Momentous Entertainment Group is an entertainment and direct response marketing company focused on creating, producing and distributing quality content and products. It is currently in the midst of an aggressive marketing campaign aimed at the faith-based family-oriented market.

For more information, visit www.momentousent.com

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eXp World Holdings, Inc. (EXPI) Shares Underlying Technology with Pokémon GO

Since its release on July 6, 2016, Pokémon GO, the free-to-play location-based augmented reality mobile game from Niantic, has taken the world by storm. Within days, the game became one of the most widely used smart device apps in history, with far-reaching effects spanning into the financial sector. Nintendo (OTC: NTDOY) saw its stock price nearly doubling before closing at its highest level since 2010 last Friday, while Zagg, Inc. (NASDAQ: ZAGG) benefitted from its recent acquisition of a smartphone battery case manufacturer on its way to a 27 percent jump in stock price in just over a week. One feature of Pokémon GO that’s played a key role in its commercial success is its underlying Unity3D platform. This is the same technology used by eXp World Holdings, Inc. (OTCQB: EXPI) to power its immersive 3D Campus for eXp Realty and related ventures.

Unlike Pokémon GO, EXPI has successfully leveraged the Unity3D virtual reality platform for business purposes. Through eXp Realty, the company uses the technology to offer an immersive 3D environment to its brokers and agents that takes the place of traditional infrastructure without negatively impacting the training and interpersonal interaction that’s necessary for real estate professionals to effectively operate in the industry. In line with the development of this platform, EXPI recently announced entry into an agreement with VirBELA, LLC, one of the leading developers leveraging Unity3D to create immersive online worlds, through which it gained exclusive rights to the VirBELA platform within the real estate industry, as well as an option for exclusive rights covering a number of vertical industries such as mortgage origination, mortgage lending, title and escrow and title insurance.

“When we discovered immersive worlds to use in business we knew we had something and since then we have run the real estate brokerage almost entirely via a virtual world platform,” Glenn Sanford, chief executive officer of EXPI, stated in this morning’s news release. “Our staff, management, agents and brokers have fully embraced avatars for work, attend classes, strategize, collaborate, innovate, enjoy water-cooler chats, build teams, and share experiences. The close-knit community that we’ve been able to build over the years on our campus has distinguished us from ‘virtual’ brokerage models.”

Despite its similarities to Pokémon GO, EXPI’s Agent-Owned Cloud Brokerage™ is a major force in the real estate industry. Since 2013, when the company committed to making its agents and brokers the owners of its publicly-traded stock, eXp Realty has expanded its agent base to include more than 1,400 agents across 43 states; Alberta, Canada; and the District of Columbia. Though consumers may never see EXPI’s innovative cloud campus, the company’s agents visit on a daily basis to remain up-to-day on the best ways to optimize the level of service they can offer to clients.

“We’re different from Pokémon GO in that we use our Unity-powered platform for business, working on behalf of consumers engaged in what is often the most significant transaction of their lifetimes — the purchase and/or sale of a home,” added Jason Gesing, CEO of eXp Realty. “However, the power of augmented and virtual reality platforms like Unity will allow us to continue to build a culture of service, of entrepreneurship and of a shared sense of ownership, allowing our agents to develop meaningful personal and professional relationships with their colleagues from across North America.”

For more information, visit the company’s website at http://investors.exprealty.com

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Singlepoint, Inc. (SING) Offers Update on Progress toward Uplisting

Before the opening bell, Singlepoint, Inc. (OTC: SING) gave prospective shareholders an update on its progress toward uplisting to the OTCQB Venture Market. MaloneBailey, a market-leading accounting firm delivering audit services to high-quality small and middle-market private and public companies, is rapidly approaching the completion of its audit for Singlepoint’s Form 10, which is required for the company to move forward with plans to become a fully reporting entity. Singlepoint announced the completion of an audit of its financial statements for the two years ended December 31, 2014, in early May before commencing an audit of its 2015 results.

Last month, Singlepoint engaged Milost Advisors Inc., a global investment banking firm, to assist in the acquisition of undervalued companies while raising equity and debt capital facilities to fund these acquisitions and provide working capital. The company continues to benefit from this working relationship as it searches out undervalued acquisition targets.

In February, Singlepoint got the ball rolling on the mergers and acquisitions front when it acquired an ownership stake in DraftFury, a profitable daily fantasy sports (DFS) enterprise with effective customer retention strategies and an experienced management team. According to Todd Eilers, CEO of Eilers Research, daily fantasy sports games “generated around $2.6 billion in entry fees last year and grow 41% annually, reaching $14.4 billion in 2020.” Through the acquisition of DraftFury, Singlepoint intends to take a noticeable stake in this growing industry.

The company has also issued a letter of intent to acquire the assets and technology of Mobile Bidding Technologies, Inc., including Text2Bid, an industry-leading auction software business generating over $10 million a year in donations for its users. Text2Bid is a leading mobile bidding solution that currently boasts a valuation of $1.6 million and has recorded strong annual revenue growth. Through the acquisition of a stake in Mobile Bidding Technologies, Singlepoint will look to gain a foothold in the $18 billion auction industry. The company plans to finalize this acquisition following the filing of its Form 10 in the coming weeks.

“This has been an exciting year for SinglePoint. In addition to our equity ownership in DFS enterprise, DraftFury, our stock price has also incurred organic growth since beginning of Q2 and I’m optimistic it will follow suit moving forward as we explore the acquisition targets identified by Milost Advisors,” Greg Lambrecht, chief executive officer of Singlepoint, added in this morning’s news release.

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

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From Our Blog

SuperCom Ltd. (NASDAQ: SPCB) CEO Presents Key Milestones and Strategic Initiatives at Investor Summit Virtual

September 17, 2025

SuperCom (NASDAQ: SPCB), a global provider of secured e-Government, IoT, and cybersecurity solutions, participated in the Q3 Investor Summit Virtual on September 16, 2025. President and CEO Ordan Trabelsi outlined the company’s recent milestones and strategic direction to an audience of small- and microcap investors (https://ibn.fm/3xi08). The Investor Summit is an exclusive virtual event for […]

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