SureTrader SureTrader
Home > Boards > US OTC > Computers - Software >

FlexWeek Inc. (FXWK)

FXWK RSS Feed
Add FXWK Price Alert      Hide Sticky   Hide Intro
Moderator:
Search This Board:
Last Post: 7/11/2016 4:12:14 PM - Followers: 2 - Board type: Free - Posts Today: 0

FlexWeek (FXWK) is a pioneer in the global peer-to-peer (P2P) marketplace with the introduction of a unique platform that allows timeshare owners to discover, book and offer unused vacation time directly to the public and other timeshare owners. This approach eliminates the need for timeshare owners to use costly trading platforms such as Interval International or RCI, while potentially reducing unused timeshare inventory.

FlexWeek's P2P website (www.FlexWeek.com) and mobile application is similar to AirBNB's $20 billion approach to the travel industry, but is the first and only P2P marketplace exclusive to fractional vacation ownerships. FlexWeek differs from the existing model, where timeshare weeks must be "banked" with a trading company such as Interval International or RCI, and instead charges the booking fees to the renter of the vacation time, eliminating the cost to the private timeshare owner.

The FlexWeek platform also addresses another specific industry challenge. The average timeshare is only booked 79% of the year, according to the American Resort Development Association's 2012 research survey. Whether or not a privately owned timeshare unit is used, the owner still has to pay annual maintenance fees, and most owners end up losing thousands of dollars in wasted paid-for vacation time over their ownership period. With FlexWeek, an owner of unused paid vacation time can now offer their specific booked week for rent directly to the FlexWeek marketplace to recoup cost or even make a profit on the rental. The glut of unused timeshare inventory allows a potential renter to stay in a very nice condo for a fraction of what they would pay in hotel fees making it a win-win for both the owner and the renter of the vacation time.

 


Investment Highlights

  • Targeting Massive Timeshare Industry
    Market Opportunity Continues to Grow
    Unique, Solution-Providing P2P Platform
    Proven Leadership with Strong Track Record

 


FlexWeek Platform

P2P Hospitality for the 21st Century

FlexWeek's unique peer-to-peer (P2P) structure allows timeshare owners to share and exchange timeshare, cruise and fractional vacation home inventory direct with other owners and non-owners alike.

The FlexWeek platform eliminates the need for timeshare owners to bank unused weeks with existing high fee trading networks such as RCI and Interval International. FlexWeek is a true P2P network that empowers individuals to arrange travel with one another based on true supply and demand metrics.

 


Market Opportunity

Vacation ownership, or "timeshare," leads the hospitality sector, with the U.S. portion of the industry alone generating nearly $70 billion of economic output in 2013, according to Ernst & Young. In addition, in the same year the U.S. industry created 473,000 full- and part-time jobs, and generated $23 billion in income and more than $8.5 billion in total tax revenues.

According to Ernst & Young's 2014 edition of the State of the Vacation Timeshare Industry report, industry sales volume grew by double digits to $7.6 billion in 2013, an 11% increase compared with 2012. The same report shows that the industry has steadily continued to reverse the trend of sales decline since the financial crisis of 2008.

Source: ARDA International Foundation (AIF)

Despite billowing industry growth, however, timeshare owners face their own unique challenges, such as unused inventory and booking fees – and FlexWeek is positioned to take advantage of these challenges with its game-changing P2P platform.

A New Approach

FlexWeek's P2P website and mobile application is similar to AirBNB's $20 billion approach to the travel industry, but is the first and only P2P marketplace exclusive to fractional vacation ownerships. FlexWeek differs from the existing model, where timeshare weeks must be "banked" with a trading company such as Interval International or RCI, and instead charges the booking fees to the renter of the vacation time, eliminating the cost to the private timeshare owner. The FlexWeek platform also addresses another specific industry challenge. The average timeshare is only booked 79% of the year, according to the American Resort Development Association's 2012 research survey.

Whether or not a privately owned timeshare unit is used, the owner still has to pay annual maintenance fees, and most owners end up losing thousands of dollars in wasted paid-for vacation time over their ownership period.

With FlexWeek, an owner of unused paid vacation time can now offer their specific booked week for rent directly to the FlexWeek marketplace to recoup cost or even make a profit on the rental. The glut of unused timeshare inventory allows a potential renter to stay in a very nice condo for a fraction of what they would pay in hotel fees making it a win-win for both the owner and the renter of the vacation time.

 


Leadership

Led by founder Kristopher Chavez, who has more than 10 years of experience operating businesses that acquire, rent, sell and transfer timeshares internationally, FlexWeek's management team will leverage its collective expertise to facilitate the company's direction and growth in this new market. FlexWeek's leadership has founded rapidly growing sales organizations generating 8-figure revenues within a year's time, and has experience scaling other models to financial success and/or acquisition rapidly with limited investment.

 


FlexWeek
1121 13th St.
#53
Boulder, CO 80302
www.FlexWeek.com

QualityStocks Investor Relations
3370 N. Hayden Rd. Suite 123-591
Scottsdale, AZ 85251
Phone: (480) 374-1336
www.QualityStocks.net
Editor@QualityStocks.net

 

QualityStocks is a moderator of this board. Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
FXWK
Current Price
Volume:
Bid Ask Day's Range
SureTrader
PostSubject
#101   hmm...radio silence since Quality Stocks blew through their Jennywall 07/11/16 04:12:14 PM
#100   FXWK: ‘Waste Not, Want Not’ Applies to the QualityStocks 03/15/16 08:47:06 AM
#99   FXWK taps the Access Economy with its Peer-to-Peer QualityStocks 03/07/16 02:39:41 PM
#97   FXWK: Hilton Spinoff Could Bode Well for FlexWeek’s QualityStocks 02/29/16 01:33:54 PM
#96   FXWK Platform Buoys Timeshare Secondary Market QualityStocks 02/22/16 01:38:05 PM
#95   FXWK Takes the Sting Out of Unused Timeshare Expenses QualityStocks 02/16/16 01:09:28 PM
#94   FXWK: Stay in Vacation Homes around the World QualityStocks 02/08/16 12:20:21 PM
#93   FXWK turns Timeshare Re-Sales into a Picnic QualityStocks 02/01/16 02:20:11 PM
#92   FXWK Eliminates Wasted Timeshare Inventory with Its Innovative QualityStocks 01/26/16 02:44:25 PM
#91   FXWK Saving Timeshare Owners Thousands with Unique Peer-to-Peer QualityStocks 01/19/16 09:07:03 AM
#90   FXWK Engages QualityStocks Corporate Communications Suite QualityStocks 01/14/16 09:04:14 AM
#89   FXWK is “One to Watch” QualityStocks 01/11/16 02:22:52 PM
#88   FlexWeek (FXWK): Global Strategy Guided by World-Class Management QualityStocks 01/11/16 10:26:26 AM
#87   FlexWeek, Inc. (FXWK) Makes Timeshare Ownership More Rewarding QualityStocks 01/11/16 09:53:50 AM
#86   FlexWeek, Inc. (FXWK) Reducing Unused Timeshare Inventory with QualityStocks 01/08/16 01:49:25 PM
#85   Recruits Inc., RCTS, changed to FlexWeek Inc., FXWK: Renee 12/15/15 04:05:12 PM
#84   New Corporate Name and Ticker Symbol coming tankworth 12/03/15 10:41:24 AM
#83   No website, no activity, no business address, nothing tankworth 12/03/15 07:32:18 AM
#82   RCTS now DTC eligible. tankworth 11/06/15 11:55:07 AM
#81   I agree, it looks like a nice website, d5wr59mfi8 03/13/14 01:08:18 AM
#80   imo their company is doing fine, they simply SIRIUS 03/13/14 01:05:22 AM
#79   Yeah I guess they'd have to, the CEO d5wr59mfi8 03/12/14 11:51:48 PM
#78   It's a different CEO and different company. The SIRIUS 03/12/14 11:49:26 PM
#77   Damn only 60k now. Is he trying d5wr59mfi8 03/12/14 11:48:11 PM
#76   It's 4.90 a share because they float is SIRIUS 03/12/14 11:45:02 PM
#75   The split already happened SIRIUS 03/12/14 11:44:50 PM
#74   I thought the bid was $1. d5wr59mfi8 03/11/14 04:50:03 PM
#73   Hey - an actual trade happened today! devnull 03/11/14 04:37:06 PM
#72   This looks like a legit, pretty good business, d5wr59mfi8 03/11/14 12:21:19 AM
#71   I'll wait for it to drop to .0001 d5wr59mfi8 03/10/14 09:00:41 PM
#70   Anyone knows the Authorize Shares? Jake_Da_Mus 03/08/14 04:31:58 PM
#69   The ask keeps falling I'll wait for the .0001 N0vember 03/07/14 01:48:50 PM
#68   No, it's not, there's only 60 thousand shares SIRIUS 03/07/14 01:39:12 PM
#67   Is this stock froze N0vember 03/07/14 10:06:17 AM
#66   There's only around like 60 thousand shares for SIRIUS 03/06/14 12:06:37 PM
#65   I wonder if we'll see any trading volume devnull 03/05/14 08:59:47 PM
#64   All Asia Licensing Inc., AASI changed to Recruits Renee 03/05/14 05:36:27 PM
#63   Look at OTC news SIRIUS 03/04/14 07:32:12 PM
#62   Hey s.k3, I have enjoyed your posts over MBL 03/04/14 07:19:41 PM
#61   What's going on here?? Do you have shares? N0vember 03/04/14 05:35:30 PM
#60   I don't understand today's news, it's a buyback SIRIUS 03/04/14 05:32:21 PM
#59   Reverse Split 1:1000 sidedraft 01/06/14 10:12:00 PM
#58   Looks like it. Cobalt Fusion 09/20/11 04:43:26 PM
#57   i'm assuming it's a shell now? redlepper 09/19/11 06:52:25 PM
#56   Same here, been a lot of buys and Cobalt Fusion 12/17/10 03:04:32 PM
#55   Volume spike with no news? ..something is up Traderzz 12/12/10 07:52:04 PM
#54   I agree 34,000 is not monster volume. Cobalt Fusion 12/11/10 11:52:45 AM
#53   34,000 shares is "monster volume"? Since when? janice shell 08/11/09 09:21:28 PM
#52   FERTILIZER KING CORPORATION LIMITED SIGNS AN EXCLUSIVE DISTRIBUTION Traderzz 08/11/09 06:24:18 PM
#51   Fertilizer King Signs Agreement in City of Luo Traderzz 08/11/09 06:23:56 PM
PostSubject