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RSH=HOLD $.50-$.75 price target.
RSH moment of truth inching closer.
Anything between $.36- $.38 is under heavy accumulation.
good eye. it does matter.
the fat finger quotes affect the way we trade, but like you said, "no trades exceeded 0.036" quoted by NASDAQ..
Take a look at NYSE:RSH historical price.
mm#3
Last price was $0.38 +5.56%
52 week low is still $0.30
NYSE:RSH
Next week is going to be very volatile, so get your, "*you're welcome's" out from now, because according to $25Billion+ in credit derivative swaps, these levels wont be visited again for a very long time..probably even never, but this is the open market, and as we all know Anything Can Happen.
RadioShack Kept Alive by $25 Billion of Swaps
Nope not 100%..R/s hasn't been approved yet.
it might not get approved honestly, and even if it does get approved-HKUP is also requesting the power to abandon the R/s.
Reverse Stock Split Press Release
iHookup Social Announces Planned Reverse Stock Split, to Pursue Return to OTC Markets' OTCQB Exchange
Download PDF
CAMPBELL, CA -- (Marketwired) -- 01/09/15 -- iHookup Social, Inc. (OTC PINK: HKUP), a fully reporting public company that develops a mobile/social app enabling singles, groups and the socially active to connect quickly, offering local, real life 'hook-up' opportunities, is pleased to announce that it will petition for relisting on OTC Market's OTCQB exchange following a 100-for-1 reverse stock split.
"After evaluating all available options, management has determined that the most effective course of action for the Company is a 100-1 reverse stock split that we hope will allow for a swift return to OTCMarkets' OTCQB exchange," stated Robert Rositano, Jr. CEO, iHookup Social. "We believe that our departure from the OTCQB has had a demonstrably adverse effect on our company and that it is essential that we return to a senior exchange where we believe our fully reporting status and corporate achievements are more widely viewed and appreciated."
Pending the review of the Securities Exchange Commission, shareholders of record at the end of trading approximately 30 to 60 days from today will be affected by the 100-1 reverse stock split. When the market opens on or about this date every one-hundred (100) shares of issued and outstanding common stock will be converted into one (1) share of common stock. All fractional shares created by the reverse stock split will be rounded to the nearest whole share.
ihookupsocial.com/press-releases
imo .0001 bid sitters getting filled soon
par value $.0001
Very interesting indeed.
Mining has also moved into the cloud. Firms have started selling online mining capacity in “gigahashes per second”, or Gh/s—that is, for a fee they will provide enough computing power to make one billion attempts a second to solve a “hash function”, as the puzzles are called. For instance, Genesis Mining charges $702 for 1,000 Gh/s plus a small fee for electricity.
The magic of mining
That Seeking Alpha article is no longer relevant.
Anyone in their right mind would spend $100million to make $25Billion..it's a no brainier.
Question:
All things considered, it is tough to imagine how RadioShack stays in business or what creditor or investor in its right mind would buy $100 million worth of preferred shares to keep the lights on.
Attention RadioShack: CFOs Aren't Your Problem
RadioShack Corp. (RSH) is finding an unlikely ally in its efforts to stay out of bankruptcy: credit derivatives traders who amassed more than $25 billion of trades speculating how much longer it can keep paying its bills.
After a 60 percent surge this year, the amount of credit-default swaps tied to RadioShack is 28 times its debt, more than any other U.S. company. When the retailer’s biggest shareholder arranged $585 million of funding in October to help it survive the holidays, much of the money came from hedge funds wagering on the company to avoid default, said people with knowledge of the trading. Those included DW Investment Management and Saba Capital Management, the people said.
The derivatives are amplifying the stakes on a company with less than $1 billion of debt that’s running out of cash and struggling to compete with online competitors. By injecting the 93-year-old electronics retailer with new money, swaps traders, more often blamed for pushing companies toward bankruptcy, have been preserving big payoffs if they can delay or prevent a default.
RadioShack Kept Alive by $25 Billion of Swaps
RSH has survived 93 years.
"The last 10 of which have been in adverse industry conditions with e-commerce taking market share from brick & mortar retailers."
I have no doubt in my mind RSH will stay afloat, and even take off, But not go BK, and definitely not go out without putting up a fight(we see first hand that RSH is putting up a fight; i.e. remodeling, changing their image, pumping the Company full of new blood- which ultimately leads to new ideas, etc, etc.)
One of the most telling signs of survival to date:$25 Billion in derivative swaps
RadioShack Corp. (RSH) is finding an unlikely ally in its efforts to stay out of bankruptcy: credit derivatives traders who amassed more than $25 billion of trades speculating how much longer it can keep paying its bills.
After a 60 percent surge this year, the amount of credit-default swaps tied to RadioShack is 28 times its debt, more than any other U.S. company. When the retailer’s biggest shareholder arranged $585 million of funding in October to help it survive the holidays, much of the money came from hedge funds wagering on the company to avoid default, said people with knowledge of the trading. Those included DW Investment Management and Saba Capital Management, the people said.
The derivatives are amplifying the stakes on a company with less than $1 billion of debt that’s running out of cash and struggling to compete with online competitors. By injecting the 93-year-old electronics retailer with new money, swaps traders, more often blamed for pushing companies toward bankruptcy, have been preserving big payoffs if they can delay or prevent a default.
“The sellers of the protection built up quite a large war chest, and it took a relatively small amount of money to keep the company going,” said Peter Tchir, a former credit-swaps trader who is now head of macro strategy at Brean Capital LLC in New York. “They have huge incentives to keep the company alive to not trigger the swaps.”
Motivated Lenders
That provided RadioShack’s biggest shareholder, Standard General LP, a potential pool of lenders when it arranged the loans in October. The financing gave the retailer enough cash to stock up for the holiday season while negotiating with other creditors that are blocking a plan to close underperforming stores. RadioShack has struggled to keep up with a migration of sales to the Internet, losing money for 11 straight quarters.
As part of the October funding, DW Investment, run by David Warren, bought more than $100 million of a $275 million first-lien loan, the people with knowledge of the deal said this month. Saba, founded by former Deutsche Bank AG credit-trading head Boaz Weinstein, also bought a piece of the debt, they said. Both firms have swaps investments that would benefit from RadioShack’s solvency, the people said.
Representatives of DW Investment, Saba Capital, Standard General and Fort Worth, Texas-based RadioShack declined to comment.
Rare Situation
Among U.S. non-financial companies, only one has more swaps tied to its debt than RadioShack: casino operator Caesars Entertainment Corp., according to the Depository Trust & Clearing Corp. The $28.3 billion of contracts on that company’s biggest unit is 1.5 times its $18.4 billion of obligations.
The potential to profit from swaps trades swelled this year as concern mounted that the company would run out of cash sooner than investors expected.
In September, a swaps trader could have sold RadioShack default insurance through Dec. 20 for an upfront payment of $3.65 million on every $10 million of protection. Contracts protecting the same amount through March would have paid $5.3 million, while swaps lasting a year paid about $6 million. As long as the company keeps paying its obligations through the contract’s expiration date, the swaps traders pocket the fees.
The upfront payment on a one-year contract climbed to a record $7.45 million this week after the company reiterated to investors on Dec. 12 that it’s running out of cash and may have to file for bankruptcy protection.
Seeking Payouts
The derivatives are usually blamed for pushing a borrower into default, not keeping them solvent.
Firms that bought protection on a RadioShack default sought to collect this month after a lender claimed that the company breached the terms on a $250 million loan.
The request, made to an industry committee that governs the market, sought a so-called credit event and cited concern that Standard General’s funding deal was “structured with a purpose to manipulate the CDS market” by preventing a default long enough to avoid triggering swaps that expire at the end of this week. The committee ruled last week that no credit event occurred.
Swaps on RadioShack have long overshadowed the company’s debt because dealers included the retailer in indexes that are used to wager on the health of U.S. companies. That can generate more volume than normal as investors set up trades to profit from price anomalies between the indexes and individual swaps, as well as to hedge against losses.
While such trading makes the amount at risk appear bigger than it is, even after subtracting offsetting positions, the net amount wagered on RadioShack surged to as much as $1.1 billion in February before falling to about $600 million this month, Depository Trust data show.
“Pumping in enough money for the swaps to roll off makes the most sense if the seller’s position is large and the amount of debt is limited,” said Henry Hu, a law professor at the University of Texas who’s studied the effect of swaps on lender behavior.
RadioShack Kept Alive by $25 Billion
Dr. Agnes Our CEO: 'The Boss Lady'
as I started to refer to Her as of 2013 at least, because I was soon to learn that She calls all the shots, and that's that..
For the past few years A lot of us here has had our ups and downs with HBRM..and believe Me when I say We are not short of ups, or downs..but we are mostly familiar with downs.
Meet our CEO: Dr. Agnes P. Olszewski, CEO and Chairman of Herborium Group, Inc.
SNNLive with Dr. Agnes Olszewski, CEO of Herborium Group, Inc.
Yes. Puts the ball well in their court.
if/when they get the volume/PPs increase they need/want they can pull the R/s and keep the PPs increasing.
Looks like they just want to be back on QB..for obvious reasons that is a good move. Possible R/s scare to drop PPs to "no bid X .0001", load the boat, and run it back up to .01+ just in time for tax season.
Fun Fun Fun. Let the games begin.
(1) an amendment of the Company’s Articles of Incorporation to effect a reverse stock split of the Company’s outstanding
common stock at a ratio of 100 to 1 and grant to the Company’s Board of Directors the authority to abandon such proposed
amendment notwithstanding authorization of the proposed amendment by the shareholders and not effect the reverse stock
split, in its sole discretion; and
(2) an amendment of Article IV, Section B(8) of the Company’s Articles of Incorporation to eliminate the Series A
shareholders’ right to approve the voting powers, designat
SCHEDULE 14C INFORMATION
No problem.
I have been on the sidelines here since .01+..far too many flippers for me to ever find a good entry that looked like the upside would hold..
Momentum, Money flow, and RSI is on the down side, so the market seems to be in favor of this down trend(anything can happen though)
I bought in @.0005-.0004, and looking to average down/accumulate a lot more @.0001-.0003(if/when pps allows it).
*R/s Queen
Made it out of the last one by the skin of my teeth..She has been hard at work though..I can't deny that, but HBRM was never really "not hard at work"..Management is just..well..i'll let you fill in the blank.
this time around So far HBRM trades like water.
Lets see where Boss lady takes us this time.
Boss Lady has been hard at work.
Have to give credit where credit is due.
HBRM
That's the best bet with this down trend.
MM#49 GLTY.
We've known TSNP went PL Q4 2014.
The stop sign isn't a surprise here either, this happened in Q3 2013. TSNP reported acquisitions Shortly after.
I have no idea what is going on here, so I won't even attempt to assume, but what is known is TSNP has acquisitions that have been reported to us, and those acquisitions are making TSNP profitable.
Same record playing, huh? Change the station maybe?
Notice of Shareholders Meeting (preliminary) (pre 14a)
Notice of Shareholders Meeting (preliminary) (pre 14a)
ELRA Acquires Additional Stake in Golden Galaxy Casino
Elray Gaming Acquires an Additional Stake in Golden Galaxy Casino
NEW YORK, NY - January 7th, 2015 - Elray Resources Inc. (OTCPK:ELRA) trading as Elray Gaming announced today that it has acquired a further interest in Golden Galaxy Casino (www.goldengalaxy.com).
Elray has exercised an option to acquire an additional 23% of Golden Galaxy bringing its total ownership of the business to 48%.
Golden Galaxy Casino is an established and licensed online casino operating in multiple jurisdictions across the globe.
Mr Goodman, CEO of Elray Gaming stated that “This is a valuable acquisition. The casino has exceeded expectations and is achieving excellent growth. The revenues in Golden Galaxy Casino for the month of December increased by113% over November and the Gaming Income in December was up 65% on that of November. We will continue to add revenue generating casino operations to our portfolio and I am confident that Elray will benefit as a result of increased revenues and reducing debt.“
Golden Galaxy Casino has generated over $8.7 Million Dollars of turnover in the last 12 months, 7,667,529 games have been played by over 24,268 registered Players. Golden Galaxy Casino offers over 250 state of the art casino games including Blackjack, Roulette, Baccarat and Slots.
The acquisition is in line with Elray's gaming strategy
In consideration for the purchase Elray will issue Preferred Series C stock with a 24 month restriction on conversion. The acquisition will be concluded on pre-defined profit benchmarks set for the operational Online Casino.
ELRA Acquires Additional Stake in Golden Galaxy Casino
Bid support thinning.
+6.4mill bid @.0009
Not ready to give up .0001's yet, HKUP?
Slowly stepping her down.
i'm back in.
A few years back Roy was talking about business plans for the East coast..here we are, ATTD.
New England WOB, LLC is an Area Developer developing and operating franchises for World of Beer Franchising, Inc. (WOB). New England WOB, LLC continues to hold franchise development rights for all of Connecticut and certain portions of Massachusetts, including the greater Boston area. The first location was launched very successfully earlier this year in Stamford, CT. The second location in West Hartford, CT launches within the next 30 days according to plan. Attitude Beer Holding Co. is a partner in the West Hartford location with the option to purchase an interest in the existing Stamford location over the next 24 months as well as all future locations within the territory, including the next two currently planned for the Boston, Massachusetts market.
Press release.
Roy G. Warren newsletter@attitudedrinks.com via icontactmail6.com
9:40 AM (19 hours ago)
to me
IMMEDIATE RELEASE:
Attitude Drinks Inc. Announces the Joint Venture Partnership with New England WOB, LLC, a franchise developer of World of Beer Taverns.
North Palm Beach, FL – January 5, 2015 –– Attitude Drinks Inc. (ATTD), is very pleased to announce its joint venture with New England WOB, LLC through the establishment of a new subsidiary named Attitude Beer Holding Company of which it will hold a majority interest.
New England WOB, LLC is an Area Developer developing and operating franchises for World of Beer Franchising, Inc. (WOB). New England WOB, LLC continues to hold franchise development rights for all of Connecticut and certain portions of Massachusetts, including the greater Boston area. The first location was launched very successfully earlier this year in Stamford, CT. The second location in West Hartford, CT launches within the next 30 days according to plan. Attitude Beer Holding Co. is a partner in the West Hartford location with the option to purchase an interest in the existing Stamford location over the next 24 months as well as all future locations within the territory, including the next two currently planned for the Boston, Massachusetts market.
World of Beer is an organization with 65 company owned and franchised craft taverns in 18 states. Most World of Beers provide a selection of over 500 unique craft and imported beers, modern tavern fare, spirits and craft cocktails and a complete entertainment experience including live music, sports viewing, seasonal and local celebrations and highly trained servers with in-depth beer knowledge. See (www.worldofbeer.com) for more information.
New England WOB, LLC managing partners Glenn Straub and Dan Cecil said "We are excited about the synergistic relationship with NEWOB and ATTD. We believe it will accelerate the brand’s growth in the markets we serve."
Roy Warren, CEO of Attitude Drinks, Inc. commented: “We are excited to join and integrate ATTD into this incredibly fast growing craft tavern concept with talented people we see as the leaders in this explosive category. WOB is managed by an impressive senior management team with extensive and successful senior level careers in the food and beverage industry; including industry leading companies such as OSI Restaurant Partners, Inc., Bloomin Brands, P.F. Chang’s China Bistro, Inc., First Watch and RTI. Further, Warren continued, NEWOB was founded and is managed by two long standing entrepreneurs with whom I have done business and admired for 27 years.”
About Attitude Drinks, Inc.
Attitude Drinks, Inc. is an innovative and opportunistic beverage brand development company with a current focus on a the full commercialization of a pure milk recovery drink, exploiting recent scientific evidence, confirming the benefits of milk and protein as an exercise recovery aid. Phase III(R) Recovery is sold in select local, regional and national markets including colleges, universities, convenience stores, fitness centers and gyms, as well as online. The Company’s newly formed subsidiary is the 51% owner of fast growing New England World of Beer, a major franchisor of World of Beer, a unique concept leading the development of the craft tavern category. For more information, please visit www.attitudedrinks.com.
About World of Beer
Since opening its first tavern in Tampa, Florida in 2007, WOB has grown to 65 locations in 18 states. What began as a neighborhood tavern to sample great craft beers and swap beer-talk for co-founders Scott Zepp and Matt LaFon is becoming a unique cultural phenomenon celebrating the world of craft beers, great food and camaraderie. Centered on a diverse selection of local and global craft beers, delicious “tavern fare” and live music, WOB offers the best craft variety on the planet to the beer aficionado and casual beer fan alike.
Learn more about World of Beer at www.worldofbeer.com
About New England World of Beer LLC
New England World of Beer, LLC was established in 2013 to franchise and develop World of Beer locations in their New England based territory. Stamford, Connecticut was the first location launched during the summer of 2014, and NEWOB will open its second restaurant in West Hartford, Connecticut in January 2015 with plans to continue the aggressive roll out plan. NEWOB’s two managing directors are Glenn Straub and Dan Cecil both of Palm Beach County Florida. Glenn and Dan have broad business experience as entrepreneurs, operators and developers, having managed numerous businesses and commercial real estate ventures.
This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In light of these uncertainties, the forward-looking events referred to in this release might not occur.
Contact:
Roy Warren, CEO
Attitude Drinks, Inc.
561.227.2727
roy@attitudedrinks.com
www.attitudedrinks.com
ATTD-Press Release-Joint Venture with New England World of Beer
Roy G. Warren newsletter@attitudedrinks.com via icontactmail6.com
9:40 AM (19 hours ago)
to me
IMMEDIATE RELEASE:
Attitude Drinks Inc. Announces the Joint Venture Partnership with New England WOB, LLC, a franchise developer of World of Beer Taverns.
North Palm Beach, FL – January 5, 2015 –– Attitude Drinks Inc. (ATTD), is very pleased to announce its joint venture with New England WOB, LLC through the establishment of a new subsidiary named Attitude Beer Holding Company of which it will hold a majority interest.
New England WOB, LLC is an Area Developer developing and operating franchises for World of Beer Franchising, Inc. (WOB). New England WOB, LLC continues to hold franchise development rights for all of Connecticut and certain portions of Massachusetts, including the greater Boston area. The first location was launched very successfully earlier this year in Stamford, CT. The second location in West Hartford, CT launches within the next 30 days according to plan. Attitude Beer Holding Co. is a partner in the West Hartford location with the option to purchase an interest in the existing Stamford location over the next 24 months as well as all future locations within the territory, including the next two currently planned for the Boston, Massachusetts market.
World of Beer is an organization with 65 company owned and franchised craft taverns in 18 states. Most World of Beers provide a selection of over 500 unique craft and imported beers, modern tavern fare, spirits and craft cocktails and a complete entertainment experience including live music, sports viewing, seasonal and local celebrations and highly trained servers with in-depth beer knowledge. See (www.worldofbeer.com) for more information.
New England WOB, LLC managing partners Glenn Straub and Dan Cecil said "We are excited about the synergistic relationship with NEWOB and ATTD. We believe it will accelerate the brand’s growth in the markets we serve."
Roy Warren, CEO of Attitude Drinks, Inc. commented: “We are excited to join and integrate ATTD into this incredibly fast growing craft tavern concept with talented people we see as the leaders in this explosive category. WOB is managed by an impressive senior management team with extensive and successful senior level careers in the food and beverage industry; including industry leading companies such as OSI Restaurant Partners, Inc., Bloomin Brands, P.F. Chang’s China Bistro, Inc., First Watch and RTI. Further, Warren continued, NEWOB was founded and is managed by two long standing entrepreneurs with whom I have done business and admired for 27 years.”
About Attitude Drinks, Inc.
Attitude Drinks, Inc. is an innovative and opportunistic beverage brand development company with a current focus on a the full commercialization of a pure milk recovery drink, exploiting recent scientific evidence, confirming the benefits of milk and protein as an exercise recovery aid. Phase III(R) Recovery is sold in select local, regional and national markets including colleges, universities, convenience stores, fitness centers and gyms, as well as online. The Company’s newly formed subsidiary is the 51% owner of fast growing New England World of Beer, a major franchisor of World of Beer, a unique concept leading the development of the craft tavern category. For more information, please visit www.attitudedrinks.com.
About World of Beer
Since opening its first tavern in Tampa, Florida in 2007, WOB has grown to 65 locations in 18 states. What began as a neighborhood tavern to sample great craft beers and swap beer-talk for co-founders Scott Zepp and Matt LaFon is becoming a unique cultural phenomenon celebrating the world of craft beers, great food and camaraderie. Centered on a diverse selection of local and global craft beers, delicious “tavern fare” and live music, WOB offers the best craft variety on the planet to the beer aficionado and casual beer fan alike.
Learn more about World of Beer at www.worldofbeer.com
About New England World of Beer LLC
New England World of Beer, LLC was established in 2013 to franchise and develop World of Beer locations in their New England based territory. Stamford, Connecticut was the first location launched during the summer of 2014, and NEWOB will open its second restaurant in West Hartford, Connecticut in January 2015 with plans to continue the aggressive roll out plan. NEWOB’s two managing directors are Glenn Straub and Dan Cecil both of Palm Beach County Florida. Glenn and Dan have broad business experience as entrepreneurs, operators and developers, having managed numerous businesses and commercial real estate ventures.
This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In light of these uncertainties, the forward-looking events referred to in this release might not occur.
Contact:
Roy Warren, CEO
Attitude Drinks, Inc.
561.227.2727
roy@attitudedrinks.com
www.attitudedrinks.com
Lets see if it does.
Money isn't Radioshack's problem, Friend.
They'll get PLENTY of it as they always do.
your idea of "0" and my idea of zero are obviously VERY different.
If you aren't aware BBY isn't doing grand either(take away the Dividend, and they'll have a PPs decline in a heartbeat).
*eCommerce is eating at this industry.
RSH has made it clear they are building their online presence.
Do away with floppy disks, and innovate the next SD card..this is business.
Read the filings and you will see clearly why we are at these levels, and why we won't be here much longer.
The 80's Called They Want Their Store Back
The 80's Called They Want Their Store Back
Nothing better than being able to poke fun at your self, and at the same time work towards fixing your image to remain a key player.
Did you listen to the words of the song in that AD?
Everyone's watching to see what you will do
Everyone's looking at you
Everybody's working for the weekend
Everybody needs a second chance
Not sure. Only thing certain is_TSNP reports_only growth.
Company publishes second Quarter Financial Statements
August 8, 2014
Tesoro Enterprises, Inc. (TSNP) today published it's Financial Statements for the six month period ended June 30, 2014. The results of operations were generally in line with the preliminary results issued on July 25, 2014.
Company publishes preliminary earnings report for three month period ended June 30, 2014
July 25, 2014
Tesoro Enterprises, Inc. (TSNP) issued preliminary financial performance information for the second quarter of 2014. Revenue for the three months ended June 30, 2014 was approximately $72,500, an increase of approximately $53,000, or 200%, over the revenue reported for the three months ended March 31, 2014 of $18,962. Net Income, before income tax, for the three months ended June 30, 2014 was approximately $3,900, an increase of approximately $26,758 over the Net Loss of ($22,858) for the three months ended March 31, 2014.
Company CEO, Henry J. Boucher, said that the improved performance of the company is the result of the replacement of the closed retail store in Wilton, CT with the acquisition of JZM electrical contractors, the increased in sales in the New Canaan, CT store and the reduced overhead of the retail store.
Looking to add a lot more, INAR..tick tock..
Looking over what came in the mail yesterday..
"why IFAN could be the next Paypal"...
Started Looking a little deeper
A few red flags here, but..
-the sector is steadily expanding
-IFAN's financials are audited
S.A. post on the Co.(from 10/2014)
The top three executives (who are also the only three employees in the company) hold 89.1 million, or 65.8% of the outstanding shares.
A Penny Stock In My Mailbox: IFAN Financial Has Ominous Warnings Signs
SOUL: Leveraging Popular Brands to Build Long-term Value
Farming may not seem like the most exciting industry in the world, but players of Zynga Inc.’s (NASDAQ: ZNGA) Farmville have paid over a billion dollars for virtual accessories within the game, according to the game’s creator. Analysts believe that in-app purchases could drive the global gaming industry to $82 billion by 2017, according to DFC Intelligence, a market research firm.
While the industry may be rapidly growing, many publishers find it difficult to differentiate their products in the crowded market, especially when so many games are available for free. Soul & Vibe Interactive Inc. (OTC: SOUL), a gaming publisher and marketer, believes that it has carved out an attractive niche by partnering with highly visible brands and creating engaging games leveraging their social capital.
Proven Expertise
Soul & Vibe President and CEO Peter Anthony Chiodo has spent over 20 years developing over 200 video and computer games. While managing one studio, products for which he was responsible managed to secure a capital raise of $12 million, which was the second largest raise in the interactive industry back in 2006. This expertise has yielded some impressive product releases and an even more compelling pipeline for the company.
During the first quarter, the company launched Timeless Gems as its first major product. The match-3 game was released on Facebook, Google Play, and Apple Store in February and March of 2014. While the app is available for free, the company offers various in-app purchases ranging from $1 to $5, which it splits with publishing platforms (such as Apple) as per terms and conditions established by the publishing platforms themselves.
The release of Timeless Gems helped demonstrate the company’s ability to rapidly develop and launch high quality games across multiple platforms. While management intends to generate revenue from the project, the company’s real potential lies in its upcoming pipeline of games being developed in partnership with large brand names that could help scale the apps dramatically.
Corporate Partners
Soul & Vibe signed a landmark agreement in May 2014 with John Deere. Under the multi-year licensing agreement, the company will develop and publish games and entertainment apps based on the agricultural firm’s extensive line of agricultural and construction equipment. The company also has rights to develop and publish John Deere virtual apparel and digital items, as well as other digital content.
The company has a similar agreement with General Mills, which is famous for its many cereal characters. In fact, each of the company’s 25 to 30 characters has 40 to 50 years of global brand equity in them. Integrating these characters into a branded app could drive instant awareness for the app, which could include in-app purchases and other monetization techniques to drive revenue.
Finally, the company’s partnerships with Microsoft and Sony – including a rare approval to publish content for the Xbox 360® - provide extensive distribution channels across all major media platforms. It’s this combination of reach and brand awareness that could drive significant long-term value for shareholders over the coming quarters as the company draws closer to launching its branded apps.
Looking Ahead
Soul & Vibe has several near-term catalysts, in the form of game launches, which could generate significant value for shareholders. Currently, the company’s market capitalization stands at less than $1 million. Management’s existing agreements with John Deere and General Mills alone could justify a higher valuation, while the upcoming launches should help put the company on the map for investors.
To learn more, visit the company’s website at www.soulandvibe.com.
Soul & Vibe: Leveraging Popular Brands to Build Long-term Value
By now your boss is probably long ECIG as well.
He is on the line with His boss saying the same thing..
lol I bet that caught someones attention.
Now if this PPS would just play nice.
Any idea what the o/s is, an if the R/s is still scheduled?
iHookup Social Registered Users Now Over 474,000
Most significantly, the Company increased its average revenue per user (ARPU) by 18% and revenue per download by 23%, raising the total registered user count above 474,000, greatly exceeding the Company's original expectations for growth in its first year of operations.