OPS ~~OUTSTANDING PENNY STOCKS~~PROMOS & MOMOS ~~ (OPS)

[woje]

SCRH Key Statistics

Market Cap (intraday): 5.96M
Enterprise Value (Oct 11, 2015): 5.69M
Trailing P/E (ttm, intraday): 12.03
Forward P/E (fye Dec 31, 2016): N/A
PEG Ratio (5 yr expected): N/A
Price/Sales (ttm): 5.16
Price/Book (mrq): 8.42
Enterprise Value/Revenue (ttm): 5.27
Enterprise Value/EBITDA (ttm): N/A
Financial Highlights
Fiscal Year
Fiscal Year Ends: Dec 31
Most Recent Quarter (mrq): Jun 30, 2015
Profitability
Profit Margin (ttm): 47.71%
Operating Margin (ttm): 41.30%
Management Effectiveness
Return on Assets (ttm): 47.25%
Return on Equity (ttm): 144.91%
Income Statement
Revenue (ttm): 1.08M
Revenue Per Share (ttm): 0.01
Qtrly Revenue Growth (yoy): 135.70%
Gross Profit (ttm): 835.24K
EBITDA (ttm): N/A
Net Income Avl to Common (ttm): 514.64K
Diluted EPS (ttm): 0.00
Qtrly Earnings Growth (yoy): 226.70%
Balance Sheet
Total Cash (mrq): 286.52K
Total Cash Per Share (mrq): 0.00
Total Debt (mrq): 15.00K
Total Debt/Equity (mrq): 2.45
Current Ratio (mrq): 4.58
Book Value Per Share (mrq): 0.00
Cash Flow Statement
Operating Cash Flow (ttm): 295.62K
Levered Free Cash Flow (ttm): 187.11K

http://finance.yahoo.com/q/ks?s=SCRH+Key+Statistics

[fast.money]

$WOGI World Oil Group, Inc.'s executive team and advisers have a vast military and international sector experience in hostile and emerging markets where oil field and mining operations are the dominant source of revenue.

Its team/advisors range from Petroleum Professionals to a Princeton University PhD graduate in Economics to an International Ambassador(s) to US Military Paratrooper(s) to British Special Forces-SAS to Graduate of Harvard Executive Studies Program to a former V.P. of Business Development of a multibillion dollar corporation.

[fast.money]

$NXTD NXT-ID Patents Behavior-Directed Payments

http://finance.yahoo.com/news/nxt-id-patents-behavior-directed-123000962.html

OXFORD, Conn., Jul. 13, 2015 /PRNewswire/ --NXT-ID, Inc. (NXTD) ("NXT-ID" or the "Company"), a biometric authentication company focused on the growing mobile commerce market, announced today that it has filed provisional patent 62/188684 for

BEHAVIORAL-DIRECTED AUTHENTIATION METHOD AND SYSTEM.

NXT-ID achieves another new convenient and secure method to make payments. With this patent, NXT-ID further expands new, innovative payment methods, introduced with its groundbreaking voice-direct payment patent application, with behavior-directed payments by introducing a new class of authentication called "behavior-metrics".

"Like voice-directed payments where you can simply say to pay, this invention enables you to draw to pay," says David Tunnell, CTO of NXT-ID. "Users are very familiar with typing a PIN or drawing a pattern to access a device. Soon, they can also choose a payment account using the same methods they use to authenticate with a device."

This new technology recognizes both the individual (something you are) and the action (something you know). Behavior-metrics may include, facial expressions, gesture movements, patterns drawn, or even PINs - virtually any motion, sound, or other behavior that can be detected by sensors and combine physiological features unique to a person, such as biometrics, with some unique action, such as behavior, that can be chosen by a user.

"Convenience is just as important as security", adds Mr. Tunnell. "Another key advantage of behavior-metrics is that they enable accessibility. Like directing payment by simply asking for a word that is associated with an account, users may simply perform a gesture or draw a pattern without having to view a display, enabling a method to pay for those with disabilities such as impaired vision."

Behavior-metrics simplify selecting a payment by combining it with the same authentication used to access a device. No more flipping through wallets or purses to find a payment card, or even through apps to select a payment account. A payment, loyalty, or any account can be selected quickly, immediately as the user authenticates with a device. This invention will enable mobile and wearable devices to improve both the security and convenience of performing mobile payments and will be available on Wocket® in the future.

[fast.money]

All eyes on $CRWG!! $CRWG has ownership of online forums, social network and gaming, SEE BELOW!

Erox: http://www.erox.com


MegaFame Casino & Slots: https://www.facebook.com/MegaFameCasino


Yuku.com: http://www.yuku.com


#HEMP #CBIS #MJNA #cannabis #marijuana

[fast.money]

In 2016, $CRWG CrowdGather intends to enter the Crowfunding space by providing a platform to help connect your business to the right types of investors.

Learn More: http://www.crowdgather.com/



#HEMP #CBIS #MJNA #cannabis #marijuana #MMJ

[Hammer1]

VYCO MOVING ON AIR.................GREAT NEWS OUT.......Hammer
http://www.otcmarkets.com/stock/VYCO/news

[Hammer1]

$VYCO You can view all the recent releases from the company here http://www.otcmarkets.com/stock/VYCO/news
Hammer

[fast.money]

As a result of $CRWG's Merger with Plaor, they have subsequently devoted a significant portion of their operations to the business of Plaor and expect to continue to do so in order to expand their operations. Plaor specializes in developing highly scalable multi-platform social games that are available on Facebook, Google Play, and the Apple App Store. Plaor's initial social gaming platform is a simulated casino environment referred to as Mega Fame Casino wherein individual gamers are able to play online casino style games socially with other players from around the world. Unlike traditional casinos or their online counterparts, the betting on Mega Fame is virtual and no real money bets are accepted and there is no ability for a player to redeem their winnings for cash. Despite the lack of traditional cash betting, they believe that players experience the same entertainment as they experience in a casino setting. Mega Fame Casino is a gaming platform, which includes multiple games, combined to emulate a casino environment. Along with the company's initial offering, the Mega Fame Casino also includes Video Poker, multiple slot machines, and a daily celebrity challenge designed to increase engagement and retention of players.




$CRWG $MJNA $CBIS #Cannabis #MMJ #Weed #Marijuana

[iwantitall]

$$ MHYS $$ New movie Bus 657

[iwantitall]

$$ MHYS $$ New movie Bus 657

[fast.money]

About $BSGM - BioSig Technologies

BioSig is a medical device company that has developed a proprietary technology platform designed to greatly improve the $3 billion electrophysiology (EP) marketplace(1) (www.biosigtech.com). Led by a proven management team and a veteran, independent Board of Directors, Los Angeles-based BioSig is preparing to commercialize its PURE EP System.

PURE EP is a next-generation surface electrocardiogram and intracardiac multichannel recording and analysis system designed to assist electrophysiologists in making clinical decisions in real-time by acquiring and displaying high-fidelity cardiac signal recordings and providing guidance in identifying ablation targets -- areas of tissue to destroy that otherwise create a heart rhythm disturbance (arrhythmia).

Analysts forecast the global market for EP devices will grow at a 12.1 percent compound annual growth rate, from $2.5 billion in 2012 to $5.5 billion by 2019(1) -- making it one of the fastest growing medical device segments. Just in the US, the number of Atrial Fibrillation (AF) and Ventricular Tachycardia (VT) arrhythmia ablations is forecast to grow at 10.5 percent from 2012 to 2017(2).

BioSig intends to seek FDA 510(k) approval for the PURE EP System. The Company has already achieved proof of concept validation through UCLA EP & Animal Labs, and is collaborating with several of the nation's most prestigious cardiac arrhythmia centers including Texas Cardiac Arrhythmia Institute, UCLA Cardiac Arrhythmia Center, and Mayo Clinic.

Contact:

Investor Contact
Vivian Cervantes
Managing Director
D: 212-554-5482

Media Contact
Sean Leous
Managing Director
D: 646-863-8998

[fast.money]

$XYLTF VIDEO ~ Interview regarding the quarter and year financial results!!

http://www.smallcapepicenter.com/beyondthepressrelease/AGORACOM-Xylitol-25April2014/

[fast.money]

About $NXTD NXT- ID Inc. - Mobile Security for a Mobile World: (NXTD) (NXTDW):

NXT-ID, Inc.'s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers' mobile platforms led by Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com/

[MaxPowerLove$Ihub]

$HPNN: Hop-on Staffs New Office in Shenzhen, China
Date : 06/18/2014 @ 12:15PM
Source : Marketwired
Stock : Hop-on, Inc. (PC) (HPNN)



Providing Support to Local Chinese OEMs for Products Under IPR Contracts

TEMECULA, CA and SHENZHEN, CHINA--(Marketwired - Jun 18, 2014) - Hop-on, Inc. (OTC Pink: HPNN) (PINKSHEETS: HPNN) a global electronics OEM, is pleased to announce today that a new office has been opened in Shenzhen, China with support staff in response to the overwhelming business opportunities for products being produced and shipped to US and European markets under Hop-on's intellectual property rights.

Local support is being provided to the Chinese OEMs to handle distribution of some or all of the units sold through Hop-on. Royalties will be paid per unit sold in the U.S. and Europe to Microsoft and other IPR holders where appropriate.

Peter Michaels, CEO of Hop-on, stated, "There are billions of dollars of unlicensed telecommunications, computing, and smart devices being sold every month in the US and Europe. Most of the companies producing and distributing these products don't want worldwide licensing deals because of the impact it would have on their domestic distribution channels. Hop-on's negotiated IPR agreements allow us to provide custom tailored solutions to these complex issues."

The new office is located at Room 308, BLD A, Unisplendour Information Harbor, Hi-Tech Park North, Nan Shan District, Shenzhen, Guangdong, China, 51800

ABOUT HOP-ON, INC.
Hop-on, Inc. is a global ODM and OEM manufacturer of electronics, based in the United States. Over the past 20 years, Hop-on has successfully secured essential patents for mobile communications and computing technologies, and is respected for developing the world's first disposable cell phone. Hop-on's focus on smartphones and innovative mobile device applications is bringing cost friendly solutions to today's demanding world market. For more information, please visit www.hop-on.com


- Go HPNN

[Hammer1]

$LXRP overall is a BUY technically showing a Reversal in progress!! Major chance for a successful trade!
http://www.barchart.com/cheatsheet.php?sym=LXRP

[fast.money]

BarChart Technical Opinion on $NGMC could be found here:

http://www.barchart.com/quotes/stocks/NGMC

[Hammer1]

CIHN SUPER DD LINK........Hammer
http://www.regenerativebioscience.com

[fast.money]

Lots of $GYST's Company mining videos on Youtube -

http://www.graystone1.com/our-videos-2

[fast.money]

$NXTD NXT-ID is creating a new paradigm for information security beyond the password that is based on innovative biometric technology.

[fast.money]

$GNSZ GENSPERA CORPORATE OVERVIEW, JUNE 2014 (PDF) can be viewed here:

http://www.genspera.com/press/140620_GNSZ_Corporate_Overview_June_2014_v4.pdf

[Hammer1]

LTNC BARCHARTS LINKS.......Hammer
http://www.barchart.com/technicals/stocks/LTNC

[Hammer1]

HEY HAVE A LOOK AT LTNC...UP HERE 10%.....Hammer

[fast.money]

Chart on $LGBS is setting up, see chart, RSI power zone:

[Hammer1]

NICE LGBS BUY ALERT FROM BARCHARTS.....Hammer
http://www.barchart.com/quotes/stocks/LGBS

[fast.money]

$NXTD just released 10Q Quarterly Report on May 15, 2014, for period Mar 31, 2014!

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9992508

[fast.money]

$CRWG has a lot of upside potential, look at the 2-year chart on $CRWG! Bouncing off 200 sma line big time. $CRWG broke $0.10, and can even test $0.25, $0.35 onwards.

2 year chart

[Hammer1]

NICE OGNG CONTACT INFO.......Hammer

Toll free: 1-888-488-6882
Tel: [phone]
Fax: [phone]

Email: [e-mail]

[fast.money]

Recent Development for $CIHN:

Caribbean International Holdings Making Brain Injuries a High Priority

http://finance.yahoo.com/news/caribbean-international-holdings-making-brain-120000474.html

SARASOTA, Fla., April 22, 2014 (GLOBE NEWSWIRE) -- Caribbean International Holdings (Pink Sheets:CIHN) through its subsidiary, Regenerative BioScience, will add brain injuries including Chronic traumatic encephalopathy (CTE) as an additional area of focus to see how stem cells may help to improve the lives of those dealing with these difficult injuries.

Steven Swank, Chairman and CEO of Caribbean International Holdings, stated "I have met personally with ex-professional athletes that are suffering from CTE and have heard first-hand the heart-wrenching stories of how this affects their daily lives. Through our medical experts and the addition of sports experts, players, and trainers to our Advisory Board that we are currently working on, we hope to find ways to help. We understand even the most minor progress can greatly improve how those suffering from these traumatic injuries can improve their quality of life."

Should anyone suffering from CTE be interested in finding out more information, please contact us. We will also continue progressing with our research in additional areas including; but not limited to, Congestive Heart Failure, Cardiomyopathy, Coronary Artery Disease, Angina Pectoris, Ischemic Heart Disease, Non-Ischemic Heart Disease, COPD, and Pulmonary Fibrosis that is already delivering promising results.

[fast.money]

$MFST Annotated Chart! RSI oversold!

[Hammer1]

$LXRP Lexaria has developed a business plan wherein we will try to acquire more than one license to produce marijuana in Canada under the MMPR legislation. We are also evaluating potential legal grow locations in those jurisdictions in the USA where they are permitted, because it is our intention to be a North American producer of legal marijuana.

[fast.money]

Great to know. Republic of Texas Brands $RTXBQ has launched its new corporate website ~ http://www.cannabis-holdings.com ~ and is now accepting orders for cases of the CHILLO hemp based energy drink.

- RTXBQ is in the process of setting up a Texas based distribution network for CHILLO and plan to announce more on the progress as soon as the deals are signed and the first products are shipped.

- RTXBQ is already in various stages of discussions with other reputable hemp and medicinal marijuana operations to complement the existing product line.

[Hammer1]

I have been buying RTXB on every dip..........Hammer

[fast.money]

$RTXBq 56% Strong Buy opinion from Barchart.com

http://www.barchart.com/quotes/stocks/RTXBQ

[Hammer1]

Nice bro. .....I'm focused on RTXB here with the Ch 11 acceptance.......Hammer

[fast.money]

Grow with $LXRP in a Medical Business that is Considered Recession Proof!

More Info: Lexaria Corp. (LXRP-OTCQB)
http://www.lexariaenergy.com

[fast.money]

About FBC Holding, Inc. $FBCD

FBC Holdings develops and markets innovative products using a 'new proprietary' technology whereby buttons, switches, wires and other electrical components can be printed on nearly any media. Management is experienced in Direct to Consumer Marketing (design, manufacture and market creative products leveraging cutting edge technology). FBC's market is diverse, covering consumer products, health care related products, and, toy and entertainment products.

[Hammer1]

Wocket sales and NXTD are t soar. ....Hammer

[fast.money]

$NXTD NXT-ID's Smart Wallet, Wocket™, Included in Aite Group New Report: Money Goes Mobile
"Mobile payment providers need to ensure that loyalty or reward programs are paramount in their products" - Aite Group

http://finance.yahoo.com/news/nxt-ids-smart-wallet-wocket-194300667.html

SHELTON, Conn., May 22, 2014 /PRNewswire/ -- NXT-ID, Inc., (OTCQB: NXTD)(NXTD) a biometric authentication company focused on the growing m-commerce market, reports the company's next generation smart wallet, Wocket™, was recently featured in the Aite Group New Research Report: Money Goes Mobile.

Aite Group issued a press release on the Money Goes Mobile report on May 19th. NXT-ID, Inc. has announced advance ordering for the Wocket smart wallet commences on May 28th, at 5:00 p.m. EDT.

Excerpt from Aite Report:
Founded in 2012
HQ in Shelton, Connecticut

On May 28, 2014, NXT-ID plans to launch its smart wallet offering, Wocket, at a press conference, after which it plans to accept pre-orders. The Wocket is a smart card that allows consumers to load up to 10,000 credit cards, debit cards, loyalty cards, gift cards, as well as many other types of cards in aggregate.

NXT-ID's focus appears to be on security, and it states the Wocket will be biometrically secure and accessible only through a combination of voice, PIN, or pattern sequences and that the smart card will be zeroed out after each transaction, making it useless to another if lost or stolen.
The Wocket will be available for US$149
The full report is available at: http://www.aitegroup.com/report/money-goes-mobile

According to the Aite Group in its report, "Money Goes Mobile" tracks the evolution of the digital wallet ecosystem, the mobile wallet's growing pains, and the success stories emerging as an industry ripe for change brings together the leaders that can create and deliver robust mobile wallet products.

Aite Group also breaks down the different types of digital wallet services that exist today, identifies the barriers for adoption, and examines the value propositions of the various technologies for the consumers, merchants, and payment providers.

The research is based on more than 20 interviews with executives and product managers within the financial technology industry from February to April 2014.

Aite Group's analysis indicates that technology companies and mobile payment providers should ensure that the user experience and loyalty or reward programs are paramount in their products in order to incentivize consumers to abandon traditional payment instruments and adopt mobile money.

Wocket™ is a smart wallet in the same vein as the smart phone and smart watch. NXT-ID is introducing its innovative, patent-pending Wocket™ as the next natural step in the evolution of smart devices. Wocket™ is a next generation smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval.

Credit, debit, ATM, loyalty, gift, ID, membership, insurance, ticket, emergency, medical, business, contacts, coupon, and virtually any card can be protected on Wocket™. More than 10,000 cards, records, coupons, etc. and 100 voice commands can also be stored on Wocket™.
Advance ordering will be available May 28th at http://www.wocketwallet.com/

The full Wocket product FAQ is available to consumers and media at
http://nxt-id.com/wocket-faq/

Interested consumers can also sign up for product info and news alerts in anticipation of the product. http://www.wocketwallet.com/

About Aite Group
Aite Group partners with participants in the international financial services marketplace, leveraging our analysts' industry experience to challenge, to advice, and to catalyze growth through independent market research and timely consulting. Attuned to the needs and strengths of our clients, Aite Group builds bridges, brokers insight, and offers actionable advice that companies rely on to build their relationships and grow their businesses.
http://www.aitegroup.com
Press release : http://www.aitegroup.com/what-customers-want%E2%80%94besides-money%E2%80%94-their-mobile-wallets

[Hammer1]

KIMJF sitting above support lines here. ..... .10 is my target. .....Hammer

[fast.money]

Kilimanjaro Capital Ltd. | Ticker: KIMJF * Technical Analysis *
http://kcap.biz/

The first thing you’ll notice when looking at KIMJF is that there is no hard resistance unit .065.

This is incredible because it means that KIMJF could climb to .065-.07 before a bullish run would run into serious resistance. This gives investors who get in early at the low price of .02 a high ROI target of 290%+.

Traders aiming for a lower profit of 40-50% will have plenty of time to exit profit in hand in-between the spread.

Moving on we can see that KIMJF has an extremely oversold RSI of 34.35. Which is great news for us because it also supports our theory of no resistance until .065-.07.

When the RSI hits 70+ it will be time to sell, and we are far from it. One also thing to note is that the RSI is not just at 34.35 but it has been increasing over the last couple of weeks as well. This is a bullish sign.

Now take a look at the MACD. The MACD has been beaten down badly in the last couple of weeks, however recently it has begun to rise. This also supports our theory that KIMJF is as low as it’s going to go, and we’re soon to see recovery.

This signals the end of the current downward trend and a major risk to reward opportunity for us and traders outside our subscriber base who notice tomorrow.

In summary, not only does KIMJF have plenty of room to soar, but according to technical analysis the bullish run will happen soon.

[Hammer1]

KIMJF COLOR GREEN BRO........I AM LONG.......Hammer

[fast.money]

$KIMJF is getting lots of exposure! Radar $KIMJF today!! http://alturl.com/wdv47

Push is here!!!

[Hammer1]

More GREAT LXRP NEWS........Hammer

[fast.money]

To learn more about $LXRP Lexaria Corp., please visit the company website: http://www.lexariaenergy.com

[Hammer1]

Great LXRP NEWS LINKS BRO TY.......Hammer

[fast.money]

Recent news from $LXRP

Lexaria Appoints Former Chief of Police as Security Consultant

http://finance.yahoo.com/news/lexaria-appoints-former-chief-police-121500771.html

Kelowna, BC / ACCESSWIRE / May 5, 2014 / Lexaria Corp. (LXRP-OTCQB) (LXX-CSE) (the "Company" or "Lexaria") is pleased to announce the appointment of the Security Consultant for the new Ontario production facility.

The former Chief of Police of the Hamilton Police Service has become Security Advisor to the Lexaria/Enertopia joint venture. Mr. Brian Mullan will provide advice to the Board of Directors and to management on the safe production, storage, and shipment of controlled substances; as well as provide and manage security protocols and procedures consistent with the needs of a medical marijuana facility and its staff.

Brian was a career police officer who retired as the Chief of Hamilton Police Service in December 2009 after having been a member for over 35 years He is the President of Bmullan and Associates. Brian has received the Police Exemplary Service Medal and he has been appointed as a Member of the Order of Merit for Police. Brian has a Bachelors Degree in Business Administration. He is a graduate of the F.B.I. Academy in Quantico Virginia and the F.B.I’s prestigious National Executive Institute. Brian has also attended the University of Toronto’s Rotman School of Business, Mohawk College and Bay Area Leadership Program and has been active in his community.

“The Lexaria/Enertopia joint venture team has sufficient expertise and ability to operate our planned world-class production facility,” said Chris Bunka, CEO of Lexaria. “I personally welcome Mr. Mullan and all the other experts who have recently joined us, and applaud their shared vision in coming together to build one of the largest and most secure regulated marijuana production facilities in the world.”

Mr. Mullan is eligible to receive up to 275,000 restricted common shares of stock over time in his role as a Lexaria consultant, depending on certain specified performance thresholds being reached.

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

[Hammer1]

That's right. .....Great LXRP DD bro. .......ty.......Hammer

[fast.money]

About Lexaria $LXRP

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for projects that could provide potential above-market returns.

To learn more about Lexaria Corp. visit http://www.lexariaenergy.com

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.
Ken Faulkner, Institutional and Business Development: [phone] Office
Clark Kent, Media Inquiries: [phone]

[Hammer1]

MOMO IS ICNM......AND ITS GONG OVER .01......HAMMER CALL......Hammer

[fast.money]

Important $CRWG MERGER NEWS! Make sure you read the detail throughout. Company is moving into right direction.

CrowdGather, Inc. Enters into Merger Agreement with Social Gaming Company, Plaor

• Company’s recent and anticipated asset sales to provide approximately $1.9 million in working capital
• Plaor President, Richard Corredera to serve as combined company COO
• Merged companies estimated to generate approximately $2 million in initial, pro-forma revenues

http://finance.yahoo.com/news/crowdgather-inc-enters-merger-agreement-130000040.html

Vertical interest social media network, CrowdGather, Inc. (CRWG), today announced that it has entered into a definitive merger agreement with privately held, Plaor and Plaor Acquisition Corp, CrowdGather’s wholly-owned subsidiary. Upon closing of the merger, the outstanding shares of Plaor will be converted into 55,075,800 shares of common stock of CrowdGather. The merger is anticipated to close before May 15th, 2014, and is subject to various closing conditions, including a condition that Plaor deliver audited financial statements prior to closing. Additional financial disclosures including a pro-forma income statement and balance sheet for the combined companies will be made available after closing. Plaor will also nominate one person to be appointed to CrowdGather’s board of directors. After the completion of the merger, CrowdGather will have a total of 116,733,508 shares outstanding and initial, unaudited pro-forma revenues of approximately $2 million on an annualized basis.

Additionally, CrowdGather has made recent disclosures that it is in the process of divesting certain assets, namely the Company’s owned and operated forums for combined gross proceeds of approximately $1.9 million in cash. Funds from the anticipated sales will provide working capital for the combined companies post-merger. CrowdGather will retain its hosted forum assets approximating almost 93 million monthly page-views and almost 10 million monthly unique visitors.

The social gaming industry is expected to grow at a compound annual growth rate (CAGR) of 16.1% to reach $17.4 billion by 2019, according to Transparency Market Research, driven by increasing demand for smartphones and tablet PCs. Innovations in the provision of virtual goods helped generate approximately 60% of the revenue in the industry by 2012, followed by advertising revenues from more traditional venues.

“Our expectation is that we will emerge from this merger as a stronger and faster growing business,” said CrowdGather’s Chairman and CEO, Sanjay Sabnani. “By divesting ourselves from our owned and operated forums we intend to free up resources and procure working capital while still maintaining nearly 80% of our monthly traffic and users. Our vision is to create an exciting, high growth company that will leverage our traffic, users, and social media reach to provide Plaor’s titles with immediate access to hundreds of thousands of potential players for their games through the integration of a gaming center on all of our sites. We believe that access to our user base is potentially a tremendous competitive advantage for Plaor’s titles and will improve the forum experience for our users where they will be able to play Plaor’s games against the forum community. Putting our games in front of our network will provide us with valuable feedback while generating early momentum for the titles we launch.

Sabnani continued, “I am excited to welcome our new Boston based employees to the family, and I especially look forward to working with Richard Corredera who will serve as Chief Operating Officer of CrowdGather. Our hope is that the combination of high margin, passive advertising income from CrowdGather’s network of hosted forum communities combined with Plaor’s gaming related revenue streams will result in a more rapid pathway to profitability for both companies. Ultimately, we intend to scale this model far beyond our existing offerings and grow through the addition of additional titles we develop or acquire. We believe that there is a tremendous opportunity to benefit smaller, independent game developers by acquiring their revenue positive titles in exchange for equity in our company.”

Mr. Corredera has nearly 18 years of experience in software engineering, systems design, and business development. Mr. Corredera has served as President and Chief Operating Officer of Plaor where manages the business operations of Plaor including business development, compliance, and accounting in addition to overseeing its strategic technology development. Prior to Plaor, Richard Co-Founded DoubleTap Games and held technical director positions at THQ’s Helixe development studio and Sony Online Entertainment.

“We are delighted to be part of the CrowdGather team,” stated CrowdGather’s newly appointed Chief Operating Officer, Richard Corredera. “Combining CrowdGather’s impressive portfolio of forums with our social game platform should allow us to expand and grow our game catalog in very exciting new ways. Our combined companies are in a unique position to bring innovative new social games and experiences to new audiences on a wide array of both desktop and mobile devices.”

Additional Information about the Transaction

The Company has filed with the Securities and Exchange Commission (the "SEC") a report on Form 8-K regarding the proposed transactions described in this announcement, which will include the Merger Agreement as an exhibit. All parties desiring details regarding the transactions contemplated by the Merger Agreement, including the merger, are urged to review these documents, which will be available at the SEC's website (http://www.sec.gov).

About Plaor
Plaor, a company that specializes in developing highly scalable multi-platform games, is located in the heart of Boston's fast growing Innovation District. Plaor produces Mega Fame Casino, an innovative and highly rated social casino available on iOS, Android & desktop. With over 20 employees, the Plaor team is a mix of rising-star newcomers and widely-recognized game development veterans from companies including Rockstar Games, Turbine, Harmonix, Irrational Games, Nanigans, Sony Online Entertainment, ThoughtWorks, THQ, and Caesars Interactive Entertainment.

About Mega Fame Casino
Mega Fame Casino is a high quality social casino available now on Facebook, iOS, and Android. Users can play more than a dozen unique slot themes, four types of Hold’em poker, video poker, along with the innovative MegaFame Blvd. Mega Fame Casino features more than 300 celebrities and offers weekly celebrity tournaments bringing truly unique star-studded experiences to social games. Based on Plaor’s unaudited financial statements and without the benefit of marketing and advertising resources CrowdGather will provide, Mega Fame Casino currently has more than 20,000 daily active users and generates approximately $1 million in annualized revenues.