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I understand, that is why I said on a much smaller scale and with a small float like that, it could possibly hit a dollar land given time without any major dilution. I am going to dig deep into their finances and see if there is any major overhang with this one.
I'm not about to compare an otc start up against an established company with an annual EBITDA of 170 million. But I will say, there is big potential here and the company could very well be having 20 mil Q's within a couple years. With only 178 million issued shares and a 25 million float, the potential to run to a dollar or 2 in the near future is not far fetched. ( assuming the company doesn't gross dilute shares)
One last question please. What would one compare this to over time, knowing what you know already. Trade desk inc on much smaller scale, ticker symbol TTD?
For NYSE,..they will need 4 million in shareholder equity and a 3.00 sp.
For NASDAQ they will need 5 million in shareholder equity and a 4.00 sp.
The other additional criteria is easier met.. Their acquisitions have greatly helped with shareholder equity, but the sp will be a sticker...there are options though, (if they don't do it the old fashion way which will take some time.)
You have plenty of time to acquire.
What do you think the time frame would be on this. Need to buy more starting next week. Thanks.
See line item II 4.5 at the below 8k...they are well aware of FDCT's plan to Uplist
https://www.otcmarkets.com/filing/html?id=16303782&guid=DWl-kn5GrJ2Pdth#ex10-1_htm
This stock is going to run hard to all time highs, will fetch easily 20 cents from here.
Wow great news.
FDCTech acquires a majority controlling position in New Star Capital Trading Ltd. and its subsidiary, strengthening its strategic focus on the online retail brokerage business.
Press Release | 01/06/2023
New Star Capital Trading Ltd. ("New Star") is a holding company, and its operating subsidiary NSFX Ltd ("NSFX") is an online trading brokerage firm regulated by the Malta Financial Services Authority. NSFX provides brokerage services in margin trading forex, cryptocurrencies, equity, commodities, and other financial assets.
Irvine, CA, Jan. 06, 2023 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech-driven acquisition company with a full suite of digital financial services solutions, today announced it has completed the sales purchase agreement ("Agreement") under which the Company acquired a 50.10% equity interest in New Star Capital Trading Ltd., a British Virgin Island company ("New Star") and its operating subsidiary NSFX Ltd ("NSFX"), an online trading brokerage firm regulated by the Malta Financial Services Authority.
NSFX has furnished the Company with its audited balance sheet for the fiscal year that ended on November 30, 2021, and 2020 (the "Balance Sheet Date"). NSFX provided the related audited statements of operations, stockholders' equity, and cash flows for the fiscal years ending November 30, 2021, and 2020. NSFX has no liabilities other than (i) liabilities reflected in the financial statements and (ii) liabilities incurred in the ordinary course of business since the balance sheet date. PricewaterhouseCoopers (PwC) is the auditor of NSFX.
NSFX is authorized to deal on its account (market maker) as a Category 3 licensed entity by the MFSA, receive and transmit orders on behalf of retail and professional clients, and hold and control clients' money and assets. NSFX trading platform services in the English, French, German, Italian, and Arabic-speaking markets, whereby customers can trade in currency, commodity, equity, and cryptocurrency-linked derivatives in real time.
For consideration and other details, please review SEC filings or the Company's website for more information on the full results and management's plan.
NSFX Ltd.
NSFX Limited (the "Company") is a limited liability company registered under the Companies Act, Cap. 386 of the Laws of Malta with registration number C 56519. The Malta Financial Services Authority regulates NSFX with a License Number IS/56519. NSFX is authorized to deal on its account as a Category 3 licensed entity by the MFSA, receive and transmit orders on behalf of retail and professional clients, and hold and control clients' money and assets. NSFX trading platform services in the English, French, German, Italian, and Arabic markets, whereby customers can trade in currency, commodity, equity, and cryptocurrency-linked derivatives in real time.
FDCTech, Inc.
FDCTech, Inc. ("FDC") is a US-based, fully integrated financial technology company. FDC specializes in buying and integrating small to mid-size legacy financial services companies. FDC develops and delivers technology infrastructure solutions to forex, crypto, wealth management, and other future-proof financial sectors.
Press Release Disclaimer
This press release's statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information or statements in this press release or any related damages.
Contact Media Relations
FDCTech, Inc.
info@fdctech.com
www.fdctech.com
+1 877-445-6047
200 Spectrum Center Drive, Suite 300,
Irvine, CA, 92618
Primary Logo
FDCTech acquires a majority controlling position in New Star Capital Trading Ltd. and its subsidiary, strengthening its strategic focus on the online retail brokerage business.
https://www.otcmarkets.com/stock/FDCT/news/FDCTech-acquires-a-majority-controlling-position-in-New-Star-Capital-Trading-Ltd-and-its-subsidiary-strengthening-its-st?id=385563
FDC Tech The Bull Run Mobile Trader
https://play.google.com/store/apps/details?id=com.fdctech.thebullrunlive&hl=en_IN&gl=US
AD Advisory Services saw its revenue rise to $8,279,083 for the fiscal year ended June 30, 2022, up from $7,948,412 at the same stage in 2021, with its total assets rising to $213,796 from $183,400.
News December 23, 2021
FDCTech bought 51% of AD Advisory Services with 20 offices, 28 advisors, $532 Million under Management Australian Markets and a run rate annualized revenue of $5.9 Million.
Link to December 23 2021 news
https://www.otcmarkets.com/stock/FDCT/news/FDCTech-Completes-Pivotal-Acquisition-of-AD-Advisory-Services-Pty-Ltd?id=336982
Link to news August 16, 2022
https://www.proactiveinvestors.com/companies/news/990249/fdctech-reports-1-985-leap-in-six-month-revenue-reflecting-the-continued-successful-integration-of-its-wealth-management-business-990249.html
Anyone catch revenues growing: $5.9 Million to $7.9 Million to $8.3 Million
Fintech Mergers rise in 2022
Latest technologies, computation power from mainframe to mobile phones, cloud/SaaS migration, sophisticated sensors, big data, ML/AI is disrupting traditional banking and insurance.
Financing institutions find it easier, cheaper, faster, safer, and even vital to buy innovative teams and products rather than trying to develop in house.
Merger and acquisitions boom is a natural industry growth.
https://fintechmagazine.com/venture-capital/why-are-fintech-merger-&-acquisitions-on-the-rise-in-2022
Companies would rather merge than invest in new technologies. 6+
It helps them to scale and grow, resulting in greater resilience.
Australian fintech sector continues to evolve
https://home.kpmg/au/en/home/insights/2022/06/australian-fintech-survey-report-2022.html
Sorry about your bag
FDCT Comparable Fintech sector Companies
As seen on https://fdctech.com/download/FDC_Investor_Deck.pdf
Small Market Cap Investment Management with Proprietary Technology
Company Name, Ticker, Exchange, Market Cap Cash
Hennessy Advisors, Inc. $HNNA Nasdaq 74.74
U.S. Global Investors, Inc. $GROW Nasdaq 79.58
OFS Capital Corporation $OFS Nasdaq 162.72
First Eagle Alternative Capital BDC Inc. $FCRD Nasdaq 120.69
Silvercrest Asset Management Group Inc. $SAMG Nasdaq 210.11
SLR Senior Investment Corp. $SUNS Nasdaq 227.25
NA Monroe Capital Corporation $MRCC Nasdaq 222.73
Portman Ridge Finance Corporation $PTMN Nasdaq 231.55
Horizon Technology Finance Corporation $HRZN Nasdaq 314.62
Gladstone Capital Corporation $GLAD Nasdaq 408.57
$FDCT FDCTech, Inc. announced intent to acquire 80% equity interest in CIM Securities, LLC a FINRA and SIPC member firm.
https://www.cimsecurities.com/
$FDCT on July 22, 2022 GLOBE NEWSWIRE -- FDCTech, Inc. a fintech-driven company specializing in buying and integrating small to mid-size legacy financial services companies, announced that it had signed a letter of intent to acquire eighty percent (80%) equity interest in CIM Securities, LLC a FINRA and SIPC member firm.
!! An update on the FDCTech website lists CIM Securities, LLC !!
Placement Agent: Jack Myers Registered Representative CIM Securities, LLC jack.myers@cimsecurities.com
https://fdctech.com/download/FDC_Investor_Deck.pdf
Jonathan Thomas of AD Advisory Discussing Work with FDCTech
12 things that happened in the Australian economy in March quarter 2022
https://www.abs.gov.au/articles/12-things-happened-australian-economy-march-quarter-2022
$FDCT good time to have an investment company in Australia
Good news. Our competition Reported as I expected or as I was hoping.
This is good news for FDCT as well with FDCTech being in Fintech too.
Looks like the Australian markets are a good place to be now.
SMC Entertainment, Inc. (OTC: SMCE) and its majority-owned subsidiary, Genesis Financial, Inc. – a rapidly growing integrated financial technology company (“Fintech”) with a full suite of digital financial services solutions, are pleased to announce the filing of second quarter ending June 30, 2022 financial statements. Highlights of the Company’s consolidate unaudited six months of 2022 financial performance:
Revenues for 6-month period $10,706,514
Cost of revenues for 6-month period $8,492,626
Gross profit for 6-month period $2,213,888
Cash on hand as at June 30, 2022 was $518,631
Accounts receivable as at June 30, 2022 was $628,821
Erik Blum, the Company’s President, expounded: “Our first half of 2022 financial performance reflect our relentless efforts to grow the business organically. We continue to execute our business plan on a number of fronts that will include acquisitions in Australia and the United States. We look forward to the second half of 2022.”
FDCTech wants to be compared to a small etoro
TD Ameritrade is not in Australia
https://finty.com/au/investing/td-ameritrade-alternatives/
etoro is a small part in Australia to trade US stocks.
FDCTech is in Australia.
FDCTech buying CIM Securities, LLC in the USA could be one step closer to trading USA stocks in the USA and as an international option in Australia.
Shows they are working towards getting to goals.
Just a thought. In for the long haul.
News FDCTech came out with news on 7/22 and nobody mentioned it. Anyone owning this stock for the long term growth would have known sooner or later FDCTech would acquire a USA Securities Broker-dealer company.
This is needed for the long term growth of FDCTech.
FDCTech’s Quarterly Release for the First Quarter (FY22 Q2) Results
The increase in revenue by 2,294.79% after the successful acquisition of AD Advisory Services Pty Ltd. The Company continues to build on its technology-driven acquisition growth strategy and is confident that the recent market correction may provide opportunities for more strategic acquisition targets.
Irvine, CA: May 11, 2022, FDCTech, Inc. (“FDC” or the “Company,” OTCQB: FDCT), a fintech-driven company specializing in buying and integrating small to mid-size legacy financial services companies, today announced the following results for the quarter ended March 31, 2022, as compared to the corresponding period of last fiscal year:
? The revenues generated for the three months ended March 31, 2022, and 2021 were $1,541,122 and $64,353, respectively.
? The increase in revenue by 2,294.79% results from the consolidation of AD Advisory Services Pty Ltd. revenues.
? During the three months ended March 31, 2022, and 2021, the Company incurred a net loss of $389,196 and $221,838.
? The cash on hand was $297,643 as of March 31, 2022, compared to $93,546 on December 31, 2021. The increase in cash on hand is mainly due to funds from issuing the promissory note with a face value of $550,000.
? On March 31, 2022, the total stockholders’ equity was $1,515,708 compared with a total stockholders’ equity of $1,625,448 on December 31, 2021.
$FDCT The Company is developing Condor Investing & Trading App, a simplified trading platform for traders of varied experiences in trading stocks, ETFs, and other financial markets from their mobile phone. The Company expects to commercialize the Condor Investing & Trading App by the end of the second quarter of the fiscal year ended December 31, 2022.
The Company is developing NFT Marketplace, a decentralized NFT marketplace, a multichain platform with a lazy minting option to reduce and limit unnecessary blockchain usage fees, also known as gas fees. The Company expects to commercialize the NFT Marketplace by the end of the second quarter of the fiscal year ended December 31, 2022.
The Company and its subsidiary, ADS, are developing a digital wealth management company, which will initially include a Robo Advice Platform catering to Australia’s wealth management industry. The Company expects to commercialize the Robo Advice Platform by the fiscal year ended December 31, 2022.
ADS is an Australian regulated wealth management company with 20 offices, 28 advisors, $530+ million funds under advice. ADS consolidated revenues, cost of sales, and gross profits from December 22, 2021, and December 31, 2021, were $156,013, $140,922, and $15,091, respectively.
ADS’ audited revenues, cost of sales, and gross profits for the fiscal year ended June 30, 2021, were $5.91 million, $5.43 million, and $0.48 million, respectively. ADS’ audited revenues, cost of sales, and gross profits for the fiscal year ended June 30, 2020, were $3.26 million, $2.95 million, and $0.32 million, respectively. ADS increased its revenue and gross profit by 78.79% and 51.79% from 2020 to 2021. From July 1, 2021, to December 31, 2021, ADS’ unaudited revenues, sales cost, and gross profits for the six months were $3.03 million, $2.73 million, and $0.29 million, respectively.
FDCTech youtube video list
https://www.youtube.com/channel/UC39n6S0N1TXIOHyQaTA4IkA
FDCTech CFO Imran Firoz
FDCTech https://fdctech.com/ website has been updated over the last few months and looking much better.
FDCT related?
Repost from another board: StockRoomBully post# 17315 Post# 17322 of 17949 TONS of POTENTIAL, StockRoomBully, TONS.
Speaking of FDCT, SMCE is connected through GammaRey (planned NASDAQ IPO 2022) and FHLD...common connector is Timothy Alford (owns/owned 19% of Genesis Financial stock)...FDCT acquired AD Securities Australia and Alford is the co-founder of that company, AD Securities America (owner, I believe) and AD Asset Management LLC where SMCE scored $1,500,000 in funding plus another $500,000 from a boutique likely also related to Timothy Alford...
"Both the International Asset Management Fund and the boutique hedge fund group specialize in FinTech development globally."
https://www.otcmarkets.com/stock/SMCE/news/SMCGenesis-Financial-Provider-of-Integrated-Digital-Financial-Services-Completes-20-Million-Institutional-Bridge-Financi?id=342211
GammaRey received 93.5 million shares of FHLD now trading at $0.27 per share equals $25,245,000...
https://www.globenewswire.com/news-release/2021/12/31/2359773/0/en/GammaRey-Announces-Liquidity-Event-for-its-Blockchain-Portfolio-Investment-Valued-at-93-million-Based-on-Mark-to-Market-Price.html
Kistler is the principal over at FHLD (not a big fan but he does know how to make acquisitions and "runs", has been around penny stocks a long time)...acquisition was made with CarbonZero and new principals are coming in...https://cozero.cc/
https://www.otcmarkets.com/stock/FHLD/news/story?e&id=2090610
FDCT & FHLD Unite:
https://www.otcmarkets.com/stock/FHLD/news/story?e&id=2096475
SMCE is going 10¢ plus, in my opinion...these are all FINTECH Companies.
HOTTEST SECTOR AROUND!
https://investorshub.advfn.com/uimage/uploads/2022/1/25/lhjry0_-_smce_article_FINTECH_berserk_pace.png
I believe GammaRey "uses some of" Genesis Financial's Epoint Payment Corp's FINTECH technology...Genesis acquired Epoint Payment Corp 3-4 years ago...
Nice welcome aboard. I would have bought if I was watching but I was out driving. I bought more Friday to hold.
Provini Ha Ha. Look at what happened to Natcore.
Good luck you’re going to need it.
Definitely! The S.P. is the stumbling block at this time. But I have seen tight float companies generating less income on the OTC go from .06 to over 4 bucks in a few weeks with the right PR campaign and agenda. Agreed that my post was a gross exaggeration at this time.
I could eventually see an underwritten up-list happening here. (The merger that recently happened is a tell tale on their intentions IMO.)
Bluechip$ did you post to the right message board? It needs $4 for NASDAQ listing.
Generating nearly 6 million and independent directors!.. I smell NASDAQ Up-list coming!
I had to average down with a 70,000 buy today from my 25 cent holdings.
Anyone know why they are late with the Condor Stocks? I would think they are 3 weeks late on this.
Maybe that is why they are acquiring 51% equity interest in AD Advisory Services Pty Ltd. ("ADSL")
The acquisition highlights include:
Topline growth with annualized forecasted revenue run-rate of over $5.91 million in fees from wealth management business.
$540 million funds under management (FUM) through approximately 28 licensed advisers with 20 offices across Australia.
Access to the Australian Financial Services License (AFSL) enables the Company to provide a wide variety of financial services, including but not limited to financial product advice for various asset classes and deal in financial products with retail and wholesale clients.
Access to the Australian wealth management market, the fourth-largest in the world valued at over $2.1 trillion, and other Association of Southeast Asian Nations (ASEAN), a group of ten nations with favorable trade and regulatory relationships with Australia.
A platform to execute the Company's merger & acquisition strategy in the Australian independent dealer group and digital wealth management market to potentially add significant revenue growth, FUA, FUM, and other economies of scale.
"We have built our business around our clients by transforming their financial well-being through our highly educated and compliant focused financial advisors. As we merge with FDCTech, we will forge a digital wealth management company to reduce the cost to serve clients while providing comprehensive financial planning advice," Jonathan Thomas, CEO, AD Advisory Services Pty Ltd.
FDCTech to Launch Simplified and Gamified Condor Stocks & ETFs App for Stocks, ETFs, and other high-growth financial securities
28weeks ago
Despite the impact of the recent pandemic, the financial markets have witnessed growth in private sector wealth and trading activities due to government spending, low-interest rate, growing retail participation, the democratization of investing and information, and the adoption of digital assets.
Irvine, CA, July 06, 2021 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fully integrated financial technology company with a full suite of digital financial services solutions, today announced that it expects to launch the Condor Stocks & ETFs App ("Condor App") for Stocks, ETFs, Commodities, Crypto, and other high-growth financial securities. The Company expects to launch the app by the end of the fourth quarter for fiscal 2021.
The Condor App will be available to download at Google Play and the App Store. In addition, a web version will be available for end-users. The Company has completed the techno-feasibility of the Condor App around the lessons learned from the recent launch of similar technologies through special purpose acquisition companies (SPAC) or upcoming initial public offerings (IPOs). The Company expects to build the next-generation trading technology, multi-jurisdiction market access, transparent revenue model, and disclosures of any conflicts1 between end-users ("Investors"), the Company, and its liquidity provider. As a result, the Company expects to deliver a cost-effective and seamless experience, distinct from existing offerings.
I agree. Huge jump of 70% only to see it drop back. Hope this is the start of a gradual climb.
This is good news to see the company working on other projects to make income. This is good news for us longs holding from much higher prices.
Still was not the News I was looking for but I will take it.
Now if FDCT could get over a dollar, that would be sweet!
FHLD was only 13 cents on 12/28/2021 but on the 29th it hit $1.98
FDCTech signs Agreement with Freedom Holdings, Inc. and its subsidiary Carbon-Zero to Develop a Blockchain-based Carbon Credit Ecosystem
Stamford, CT, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Freedom Holdings, Inc. ("FHLD" the "Company," OTC: FHLD) is pleased to announce that it has selected FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech company with a full suite of digital financial services solutions, as its software development partner for developing Blockchain-based Carbon Credit Ecosystem for its subsidiary Carbon Zero Asset Management, Inc. ("Carbon-Zero").
https://www.otcmarkets.com/stock/FDCT/news/FDCTech-signs-Agreement-with-Freedom-Holdings-Inc-and-its-subsidiary-Carbon-Zero-to-Develop-a-Blockchain-based-Carbon-Cr?id=338066
Hahaha, So Funny! These 2 Scams issued Huge shares to each others:
Irvine, CA, Dec. 23, 2021 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech company with a full suite of digital financial services solutions, today announced that it had entered into a sales purchase agreement ("Agreement") under which the Company will acquire 51% equity interest in AD Advisory Services Pty Ltd. ("ADSL") in a stock-for-stock transaction.
Under the terms of the Agreement, ADS will receive 45,000,000 shares of the Company common stock, representing an equity value of approximately $3.15 million based on a $0.07 per share price. Accordingly, the Company will receive 62,450,000 ADS shares representing 51.0% of the current outstanding equity interest and voting power of the ADS common stock.
FDCT acquired another Scam? Here:
https://ad-advisory.com.au/team
1 Scammer company, LOL!
The acquisition highlights include:
Topline growth with annualized forecasted revenue run-rate of over $5.91 million in fees from wealth management business.
$540 million funds under management (FUM) through approximately 28 licensed advisers with 20 offices across Australia.
Access to the Australian Financial Services License (AFSL) enables the Company to provide a wide variety of financial services, including but not limited to financial product advice for various asset classes and deal in financial products with retail and wholesale clients.
Access to the Australian wealth management market, the fourth-largest in the world valued at over $2.1 trillion, and other Association of Southeast Asian Nations (ASEAN), a group of ten nations with favorable trade and regulatory relationships with Australia.
A platform to execute the Company’s merger & acquisition strategy in the Australian independent dealer group and digital wealth management market to potentially add significant revenue growth, FUA, FUM, and other economies of scale.
“We have built our business around our clients by transforming their financial well-being through our highly educated and compliant focused financial advisors. As we merge with FDCTech, we will forge a digital wealth management company to reduce the cost to serve clients while providing comprehensive financial planning advice,” Jonathan Thomas, CEO, AD Advisory Services Pty Ltd.
“We are pleased to achieve this major milestone for the Company and our shareholders,” said Mitchell M. Eaglstein, Co-Founder and CEO, FDCTech. He further added, “The successful new direction will create new opportunities for the Company through cutting-edge digital financial tools that we will implement through our software development capabilities and ADS’ deep knowledge of the Australian wealth management industry.”
Please visit our SEC filings or Company’s website for more information on the full results and management’s plan.
About AD Advisory Services Pty Ltd.
AD Advisory Services – ACN 628 331 117/AFSL No. 237058, an independent specialist dealer group, provides licensing solutions for select education and compliance-focused financial advisors & accountants. ADS has a dedicated management team are qualified financial planners that service metro and regional practices around Australia.
https://www.otcmarkets.com/filing/html?id=15444593&guid=pGSwkFpcsZH3Oth
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