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Implications and Thoughts about the Future of SPYR
In addition to the post (below)... the latest press release on July 10, 2018, with the LOI for the acquisition of a private video game company, is exactly what the company said they were going to do.
SPYR Commences Roll-Up Strategy With Signing of Letter of Intent to Acquire Highly Accretive Online Game
Sub-headline:
Acquisition allows SPYR to Achieve Profitability with Over $9 Million in Revenuee
https://ih.advfn.com/p.php?pid=nmona&article=77833612
In case you not digested the recent headline, I thought I'd share a few thoughts.
"SPYR Commences Roll-up Strategy"
This is pretty cool. In the last 10-K the company, when commenting on the burn rate of capital, indicated they thought they would be able to become profitable in the not too distant future. No doubt this is what they were hoping and expecting would happen.
"SPYR COMMENCES" their plan to become profitable. How will this strategy take shape? Their plan is becoming evident. They are "Commencing" their "Roll-up Strategy" through acquisitions.
The word "commences" basically means they are just beginning. If their strategy is begun by one acquisition, it is probably safe to say that it will be continued with more. I expect we will hear about additional acquisitions in the weeks and months to come.
And what is a "ROLL-UP STRATEGY?" It is the bringing together of privately held companies into an existing publicly held and trading company. Why is this a thing? Well, it gives private companies access to public capital markets and monetizes the value of their business.
"With Signing of Letter of Intent to Acquire Highly Accretive Online Game"
How do acquisitions begin? With the agreement of the company being acquired. This is called an LOA (a Letter of Agreement). Are their details to be worked out? Probably, but the idea is that they are already in agreement in principle.
What is more... not only has this private company agreed to become acquired, but it is bringing to the table substantial and profitable revenue. It is already generating over $9 Million in revenue and doing so at a profitable level. So much is this the case... that as the Sub-headline states:
"Acquisition allows SPYR to Achieve Profitability with Over $9 Million in Revenue"
It is pretty clear that SPYR has been building an infrastructure for greater things to come. I believe they have added employees, management, and sub-contractors to become a player in the video gaming market. With this acquisition, they will begin generating revenue and even be able to achieve profitability. While this is often easier said than done... it is certainly progress in the right direction.
Over the last year, SPYR has developed numerous capabilities... software programming, game development, a broad marketing strategy, and even a means to monetize their efforts. One thing they've developed is the ability to accept as payment most of the major forms of crypto-currencies... why? Because they have plans for utilizing it as a mode of payment down their road.
Also, Notice... the company or game is ACCREDITIVE... that means is profitable and growing increasingly so. It is going to substantial contribute to the company's bottom line. According to the press release, the game that's been acquired is primarily accessed on desktops. Well, we happen to have some programming gurus who will be able to adapt the desktop version to handhelds (phones) and tablets.
There is more to say... but I trust all this is making clear where we are and where I believe SPYR is going as a company.
A FINAL THOUGHT: Think about this... oo company that is going to become "rolled-up" into a public company will be able to "cash-out" unless the company as a whole succeeds. So while we as investors might be playing the short game and be looking for profits and opportunities to exit with profits, management and current and future acquired companies are in for the long haul. They will look to maximize their value by the overall success of the company.
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My guess is their exit strategy would be to be bought out or acquired by a major player in the gaming industry. All just my opinion FWIW.
Not sure how many of you who follow SPRY can see Level 2, but an hour or so ago... a pretty healthy bid showed up on the board.
A bid for 63770 at .2753
It appears we're gonna be moving higher.
I just reread this mornings headline...
"SPYR Commences Roll-Up Strategy With Signing of Letter of Intent to Acquire Highly Accretive Online Game"
Notice the word "COMMENCES" which means BEGINS. In other words, expect more announcements like this in the future!
Go SPYR!!
Agreed.
One of the 8-K's from yesterday mentioned how the new accounting firm has offices in international locations.
I wouldn't be surprised if one of these isn't associated with the unnamed company we just signed the LOI with.
NEWS!!! LOI to Aquire European MMORPG Company
https://ir.spyr.com/press-releases/detail/210
JULY 10, 2018
Acquisition allows SPYR to Achieve Profitability with Over $9 Million in Revenue
DENVER, CO. , July 10, 2018 (GLOBE NEWSWIRE) -- SPYR, INC. (OTC Pink: SPYR), a holding company with a wholly owned subsidiary in the mobile game & app development and publishing industry, today announced that it has signed an asset purchase Letter of Intent (LOI) to acquire a popular massively multiplayer online role-playing game or MMORPG (hereafter the “Target”) that, according to unaudited information provided by the Seller, currently generates more than $9 million in annual revenue.
Nearly all of the Target’s revenue is currently generated in Europe through desktop players. SPYR’s management team believes that a substantial opportunity exists to increase the revenue and cash flow of the Target by creating mobile versions for Android and iOS phone users and broadening distribution to include the USA and Asia.
Mike Turner, SPYR’s VP of Strategic Partnerships states, “This highly accretive acquisition will result in SPYR generating meaningful pro forma revenue and cash flow. Equally important is the fact that this deal catalyzes SPYR’s acquisition strategy and will lead to other opportunities to purchase accretive assets in the highly fragmented mobile and desktop game space.
Upon closing of the transaction, SPYR will acquire all of the game assets, including the game’s experienced development team. The acquired team will continue to work on the existing game as well as potential add-on titles. Additional details will be provided as the transaction progresses.
“Everyone at SPYR is excited about the acquisition of this fantastic team and moving forward as quickly as possible to complete the transaction. Upon closing, SPYR will have a new, revenue generating title in its portfolio and the ability to leverage the Target’s strong and loyal registered user base numbering in the tens of millions. We plan to cross-promote our current and future titles across this user base and have some very exciting plans to expand the game and keep it fresh for both existing and new players, stay tuned” said Mr. Turner.
SPYR expects that the asset purchase will close in 2018....
Just posted a couple items from the last month. Not too exciting... but news none-the-less. :)
Randy
RECENT NEWS July 3, 2018
https://orhub.com/investors/news-2/62-orhub-announces-appointment-of-interim-chief-financial-officer
ORHub Announces Appointment of Interim Chief Financial Officer
Created: 03 July 2018
NEWPORT BEACH, Calif., July 3, 2018 (PRNewswire) – ORHub, Inc. (OTC:ORHB) (the “Company”), a HIPAA compliant, physician-driven digital software company focused on improving profitability and the cost effectiveness of hospitals through real-time smart data analytics, today announces that ORHub has appointed Barney Monte as the Company’s Interim Chief Financial Officer, effective July 1, 2018.
“I am pleased to be working with Barney as ORHub’s Interim Chief Financial Officer,” said Chairman and Chief Executive Officer Colt Melby. “Barney brings broad and proven capital markets, mergers and acquisitions and public company executive expertise to ORHub. We look forward to utilizing his experience as we accelerate our going-to-market strategies and advance our plans to uplist to the OTCQB. I am confident that Barney will play a critical role in helping us execute our growth vision for ORHub in the near term. At this time, we would like to thank Lanny Lang for his service as the former Chief Financial Officer.”
“ORHub has immense potential to generate meaningful economic benefits for providers and physicians by utilizing the latest breakthrough smart technology to capture real-time data at the point of surgical care,” said Barney Monte. “I am delighted to be a part of such an innovative platform with numerous growth opportunities to favorably impact a complex and burdened healthcare system.”
Mr. Monte has over 20 years of experience in the financial services industry where he has held senior level positions within investment banking and private equity as well as publicly-traded companies. Mr. Monte co-founded Ozado Partners LLC, a direct investment and merchant banking business, where he was responsible for sourcing, structuring and negotiating investment opportunities across various industries. Prior to co-founding Ozado Partners, Mr. Monte’s senior-level investment banking positions included head of International and Asia investment banking for a middle market focused U.S. based broker-dealer most recently with Ladenburg Thalmann, Over his tenure, Mr. Monte has acted as a principal and agent in assisting companies raise private capital, IPOs, secondary offerings, debt offerings and M&A advisory services where he has invested, raised or advised on over $10.0 billion worth of transactions.
Mr. Monte graduated from Skidmore College with a Bachelor of Science in Business Administration with a concentration in Finance.
About ORHub, Inc.
ORHub is an advanced surgical software provider focused on real-time surgical data analytics. The Company's suite of products serves the needs of the health care industry, hospital, patient, government and the medical device vendor. ORHub provides a cloud-based software solution that captures information before, during and after surgery, filling a void in the current surgical information infrastructure and providing the first process to capture and measure the surgical process -- evolving Big Data into Intelligent Digital Data. ORHub's software applications allow hospitals and medical device vendors to utilize any web-enabled device to create an anatomical graphic depiction of exactly what occurs during surgery. The application automatically translates the resulting schematic into an intelligent, electronic operative report that links every detail of surgery, including implant location, surgical techniques, product usage, and all clinical parameters to create a dynamically new source of comparative information.
As a result, hospitals and surgeons can make real-time, data driven decisions to improve business profitability and the quality of patient care. This innovative technology results in hospitals under- standing costs and identifying areas of cost reductions, as well as results in increased accountability, automatic creation of comprehensive anatomic implant registries, real-time analytics, improved efficiencies, and compliance with existing government regulations. ORHub has offices in Phoenix, Arizona; Newport Beach, California; Bellevue, Washington; and Jacksonville, Florida.
For more information, visit www.ORHub.com
To view a previously released Microsoft Case Study on HOI and ORHub visit: https://customers.microsoft.com/en-us/story/hoi-health-azure
Forward-Looking Statements: This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be attained. Such statements are inherently uncertain, and actual results and activities may differ materially from those estimated or projected. Certain factors that can affect the Company's ability to achieve its anticipated results include, among others, uncertainties inherent in the development of a new software product business.
ORHub Contact:
Jason Brown, Shareholder Communications
jason.brown@orhub.com
844.545.4508 x 405
Media Relations:
Cathy Loos, Senior Media Relations Specialist
cathy.loos@orhub.com
347-334-4135
RECENT NEWS... June 6, 2017
https://orhub.com/investors/news-2/61-orhub-announces-sponsorship-of-the-american-orthopaedic-society-for-sports-medicine-aossm-annual-meeting
ORHub Announces Sponsorship of The American Orthopaedic Society for Sports Medicine (AOSSM) Annual Meeting
Created: 06 June 2018
NEWPORT BEACH, Calif., June 6, 2018 (PRNewswire) – ORHub, Inc. (OTC:ORHB) (the “Company”), a HIPAA compliant, physician-driven digital software company focused on improving profitability and the cost effectiveness of hospitals through real-time smart data and analytics, today announces that ORHub has sponsored The American Orthopaedic Society for Sports Medicine (AOSSM) Annual Meeting to be held in San Diego from July 5-8, 2018.
“We are delighted to sponsor this annual meeting that is one of the largest aggregation of leading orthopaedic surgeons in the U.S.,” commented Colt Melby, Chief Executive Officer of ORHub. “The programs are designed to provide the latest in sports medicine management, treatment, technique, research and technology. We look forward to providing demonstrations of our transformative software that is currently used by orthopaedic surgeons to analyze procedures, materials and performance in real-time. We look to advance our high-powered technology to lower the cost of healthcare and improve outcomes by empowering our surgeons with smart data analytics to make value-based decisions.”
In-Booth Demonstration:
Thursday, July 5 at 10:45AM PST, Booth 716, Exhibit Hall, Manchester Grand Hyatt, San Diego, California
About ORHub, Inc.
ORHub is an advanced surgical software provider focused on real-time surgical data analytics. The Company's suite of products serves the needs of the health care industry, hospital, patient, government and the medical device vendor. ORHub provides a cloud-based software solution that captures information before, during and after surgery, filling a void in the current surgical information infrastructure and providing the first process to capture and measure the surgical process -- evolving Big Data into Intelligent Digital Data. ORHub's software applications allow hospitals and medical device vendors to utilize any web-enabled device to create an anatomical graphic depiction of exactly what occurs during surgery. The application automatically translates the resulting schematic into an intelligent, electronic operative report that links every detail of surgery, including implant location, surgical techniques, product usage, and all clinical parameters to create a dynamically new source of comparative information.
As a result, hospitals and surgeons can make real-time, data driven decisions to improve business profitability and the quality of patient care. This innovative technology results in hospitals under- standing costs and identifying areas of cost reductions, as well as results in increased accountability, automatic creation of comprehensive anatomic implant registries, real-time analytics, improved efficiencies, and compliance with existing government regulations. ORHub has offices in Phoenix, Arizona; Newport Beach, California; Bellevue, Washington; and Jacksonville, Florida.
For more information, visit www.ORHub.com
To view a previously released Microsoft Case Study on HOI and ORHub visit:
https://customers.microsoft.com/en-us/story/hoi-health-azure
About AOSSM
The American Orthopaedic Society for Sports Medicine (AOSSM) is the premier global, sports medicine organization representing the interests of orthopaedic surgeons and other professionals who provide comprehensive health services for the care of athletes and active people of all ages and levels. We cultivate evidence-based knowledge, provide extensive educational programming, and promote emerging research that advances the science and practice of sports medicine. AOSSM is also a founding partner of the STOP Sports Injuries campaign to prevent overuse and traumatic injuries in kids. For more information, visit www.sportsmed.org.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be attained. Such statements are inherently uncertain, and actual results and activities may differ materially from those estimated or projected. Certain factors that can affect the Company's ability to achieve its anticipated results include, among others, uncertainties inherent in the development of a new software product business.
ORHub Contact:
Jason Brown, Shareholder Communications
jason.brown@orhub.com
844.545.4508 x 405
Media Relations:
Cathy Loos, Senior Media Relations Specialist
cathy.loos@orhub.com
347-334-4135
Only a $16,000 mistake. ;)
I would have noticed that. :)
Fortem Resources' 10-K came out this evening. Pretty interesting read.
I'll gather some highlights tomorrow. :)
In my opinion this is a seller's market.
Shares are fairly scarce. If any of you on this IHUB board are looking for liquidity, simply get in line around or above the Ask and I believe the buyers will come and eventually pay up.
From what I can tell were pretty close to some pretty substantial events...
1. Full TSXV listing.
2. Eventually we should start seeing announcements of further financing... Nothing's going to happen without partners and an infusion of capital.
3. Following this we should see announcements about procperty development, drill plans, etc.
4. Who knows what else? I'm hoping for the acquisition of additional properties, maybe a joint venture of two, eventually gas and oil discoveries and production levels.
What else? Who knows. I wouldn't be surprised if we would spin off our Gold morning property... for what? Cash? An equity interest? I'm fairly confident FTMR (and us) will be the primary beneficiaries.
Million share offer at a penny. Wonder how long that's gonna l last?
Great Summary Highlander...
Post should be "Sticky Noted" by a moderator.
2 8-Ks were released after the market closed today.
#1 about the civil suit brought by the SEC against chairman of the board Joe Fiora. They vigorously deny the allegations.
#2 announcing the favorable settlement of a lawsuit by Zakeni Limited that had been overhanging.
SPYR... up 37%. Seems market expects something. We shall see!
Sure... I don't know a great deal about it hears that i did.
I purchased Bitcoin through the app called Coinbase. This transaction took a week or so to complete as funds were moved from my bank account to Coinbase. As Coinbase only deals with 5-6 major Crypto-currencies to purchase other coins you need to transfer to another exchange.
I sold my Bitcoin and transferred my balance to Binance and purchased Stella.
FWIW... Since I purchased mine it had gone up over 35% and is now down about 40% from my beginning balance.
Hey Buck... a couple thoughts.
In my mind, I'm generally annoyed when people talk about how much money we're gonna make or what the stock price is going to be by such and such a time. I suppose this is the promotors bread and butter and that which compels a person to invest in this company's stock versus another's. Tell the best story, get the people to invest today.
What are the compelling reasons to own Fortem Resources' and how will that be reflected in the stock price?
Here are a few reasons that I continue to hold and expect great things from Fortem.
1. Stock listing on the TSX Venture in nearly complete. Their "conditional" approval means they now have two requirements to meet. One of these is financial and the other is stock distribution. Once these conditions are met, we'll be fully listed and start trading on the TSX.
2. While the TSX listing is important and even an essential step in the development of their business plan, but it's not a magic bullet. By itself, I don't think it will result in an increased stock price. It will, however, increase the marketability of our shares and facilitate the business plan. A hopeful consequence will be access to a higher circle of venture capitalists and investors will provide the financing the company needs for the future.
3. What is it that makes FTMR a compelling investment to buy and hold? I think it is their portfolio of gas and oil properties in their possession. Oil and gas prices are on the rise. Who knows for sure, but I would expect that if we were bringing these properties into FTMR right now, we'd probably have to expend more shares and money. So in effect, without doing a thing, the value of our properties have gone up.
4. Who knows for sure, but I expect the actual book value of our properties presently... certainly once their reserves are proven will be a vast multiple of their initial book value. Early on... (in fact it is probably still in the IBOX above), I tried to estimate the value the properties by the value of the stock we paid for them. Well, the accountants said these properties could only be valued by the cash portion of these purchases. So book value now is $100's of thousands of dollars... we actually paid for them with shares of FTMR shares valued at $10's of Millions ($20-40 Million each). My expectation is that these will prove to be worth $100's of millions of dollars... and who knows maybe even billions.
When you start running the numbers simply on the value of the properties... the corresponding share prices are $5-10 per share... and we haven't even done a thing with them... YET!
If we can prove reserves that correspond to the neighboring and adjacent properties... the value of our properties go from incredible to absurd.
5. In conclusion... all of this takes time. We have some pretty talented people working on our behalf and I expect once things get rolling we will see a growing list of talent coming on board. We shall see.
As we see the stock price appreciate, I think it's wise to take your cost off the table, and if your Fortem position becomes disproportionate to your other holdings, wise to diversify, but I think you will want to hold a significant core position.
I believe our CEO Marc Bruner intends to go out on top and wants this company to be his crowning achievement. I'm not even sure what that means... but if he succeeds, I want to succeed with him. :)
Yeah... just saw that. I had a couple orders working under the bid and decided to pull them until things settle.
Putting my theory to the test. We'll see how it goes. ;)
My order is below current bids, so it's not showing up... yet.
I've been watching PLPL trade the last month or so. It seems to me that there might be some sort toxic funding or feeding of shares into the market. There generally seems to be shares and blocks of shares available at current levels.
If and when I start building a position in this... I'm pretty sure I'll be able buy all the shares I want on the bid. Just saying.
FWIW
Now granted, these comments were originally made on April 4... and nothing too significant has taken place.
Assuming the expectations represented in the quotation below (previous post) ate going to happen before the end of the June quarter, we will have to see some progress in the next two weeks. We shall see.
A few thoughts... posted this a while back... Thought I'd Sticky Note it. :)
10K recorded some pretty serious loses. Not only has SPYR added some world-class talent over the last year, they have apparently been hiring world-class contract programmers to produce the upcoming software releases.
Evidence of this. Nearly 16 Million dollars in losses in Fiscal 2017. Surprising statement: "The Company expects to incur losses in the near future until profitability is achieved."
Highlights from 10K (and recent press releases):
1. "This new tapper game is currently in the soft launch stage of development and is scheduled to be released during second quarter 2018."
The Press Release of March 22, 2018 revealed the name and content of the upcoming tapper game. (see https://ih.advfn.com/p.php?pid=nmona&article=77010655)
2. "The Company intends to ... conduct strategic business development, marketing analysis, due diligence investigations into possible acquisitions, and software development costs and implementation of our business plans generally."
I take this to mean that the company is not now what it hopes and expects to become. I've posted before, it doesn't make any sense for the company to remain as it is. To become commercially viable, it has to grow and create revenue. The outlays mentioned above indicate their efforts to grow revenue from within. Bold sentence indicates they are considering and looking for possible acquisition targets.
A couple months ago, they've increased the number of Authorized Shares... AND made changes to the Corporation By-Laws. Why would they do that? No doubt to facilitate the whole acquisition thing.
I also noticed that the 10K was an audited financial statement. That paired with the change in Certified Public Accountants, may well suggest that we will be able to move from Pink to the PinkQB. Every step up is good.
3. I especially liked the closing line in the opening summary: "The Company may also decide to diversify, through acquisition or otherwise, in other unrelated business areas if opportunities present themselves."
I might be all wet here, but I think the ability to accept various crypto-currencies and may well have a connection to the recent consulting agreement with Stephen A. Crystal. This guy is big time into casinos and gambling... and has even written papers on the future of betting on video game competitions. , may well provide a clue
SPYR Games Signs Consulting Agreement with Gaming and Esports Investor and Advisor, Stephen A. Crystal, Esq. ( https://ih.advfn.com/p.php?pid=nmona&article=76932318 ).
We shall see. I think all this is out there a bit, but now that the 10K is out of the way... we can look forward to some 2Q game-release announcements, and who knows what else.
Best regards!
ADDITIONAL NEWS LAST FRIDAY...
https://finance.yahoo.com/news/fortem-resources-announces-amendments-extend-203000612.html
CALGARY, AB / ACCESSWIRE / June 15, 2018 / Fortem Resources Inc. (FTMR) (the "Company") is pleased to announce that it has entered into two amending agreements which have the effect of postponing certain payments relating to its Utah property interests.
On May 28, 2018, but effective as of March 1, 2017, the Company's wholly-owned subsidiary Black Dragon Energy, LLC ("Black Dragon") entered into a Second Amendment to Purchase and Sale Agreement (the "BD Amendment"), which amended the terms of the Purchase and Sale Agreement dated effective March 1, 2017 (the "BD PSA"), between WEM Dragon, LLC ("WEM") and Black Dragon with respect to the Moenkopi formation and has the b interests until August 1, 2019, provided that, if the shares of common stock of the Company are not listed on the TSX Venture Exchange on or before August 1, 2018, the payment deadline will remain December 31, 2018.
Someone else might know for sure, but my reading of this is that we are to be uplisted and given a TSXV Exchange trading symbol shortly... probably next week.
We will then have 90 days to bring ourselves into compliance for a full 'non-conditional" listing.
Big fan here and I certainly agree.
Progress in the right direction is always a good thing. :)
It'd be nice to hear about some progress on the development of their business plan?
GOOD NEWS!!
Conditional TSX Stock Listing
https://finance.yahoo.com/news/fortem-resources-announces-conditional-acceptance-130000626.html
CALGARY, AB / ACCESSWIRE / June 15, 2018 / Fortem Resources Inc. (FTMR) (the "Company") is pleased to announce that the TSX Venture Exchange (the "Exchange") conditionally accepted the listing of the shares of the Company's common stock. The Exchange's conditional acceptance is provided based on the listing of the Company as a Tier 2 Oil and Gas Reserves Issuer. The listing of the shares of the Company's common stock is
subject to the Company fulfilling all requirements of the Exchange, including the financing condition and the evidence of satisfactory public distribution.
"On Fire" might be an exaggeration... but it is more interesting than it's been in a while. :)
Nice buy!
Hey Triplesharp...
Welcome to the board. Appreciate your comments and the due diligence reflected in your responses.
Best Regards. :)
While not the BIG news we've been hoping for, I think this and last week's releases may indicate that the company is moving forward their business plans regardless of the status of their being listed on the TSX.
I don't doubt that our management team has been busy and working hard on behalf of shareholders all along. I've not spoken with them, but I'm guessing they are a little frustrasted by the length of this process as well.
NEWS: FORTEM RESOURCES INC. ATTENDS ENERGY CAPITAL CONFERENCE.
https://finance.yahoo.com/news/fortem-resources-inc-attends-energy-201500404.html
CALGARY, AB / ACCESSWIRE / May 7, 2018 / Fortem Resources Inc. (FTMR) (the "Company") will be attending the Energy Capital Conference in Dallas, Texas hosted by Hart Energy on May 7, 2018
To learn more about the conference, please clink link below.
https://www.hartenergyconferences.com/energy-capital-conference
The conference will allow the Company to build on new relationships within the financial markets and other oil and gas companies. It will also allow the Company to have a better understanding of the general outlook in today's modern age oil and gas industry.
Marc Bruner stated, "Based on the rise of today's oil prices, there seems to be a positive turn of interest in oil companies that can demonstrate profitability in today's market without the burden of significant debt. Fortem has the assets to prove just that. I consider our company the new wave of oil and gas companies by introducing new technologies to enhance production, become cost effective, efficient and environmentally friendly."
On behalf of the Board of Directors,
FORTEM RESOURCES INC.
"Marc Bruner"
Marc Bruner
Chief Executive Officer
.....
This article should probably be "Sticky Noted" to the top of this board.
Indeed... it's the day after Wednesday.
I've also been watching and listening and waiting.
Just bought a few more at $2.97... hoping to see these double a relatively short period of time. :)
Call me the optimist, but assuming our expectations of the TSX listing being imminent is correct, I expect we will see a mid-day press release when the company is informed of the decision.
Yesterday's PR. Sounds like a pretty good hire!
ORHub Announces Appointment of Former University of San Diego Medical Center's Enterprise Analytics Specialist as Manager of Analytics
https://finance.yahoo.com/news/orhub-announces-appointment-former-university-123100064.html
NEWPORT BEACH, Calif. , April 30, 2018 /PRNewswire/ --
NEWPORT BEACH, Calif., April 30, 2018/PRNewswire/ -- ORHub, Inc. (ORHB) (the "Company"), a HIPAA compliant, physician-driven digital software company focused on improving profitability and the cost effectiveness of hospitals through real-time smart data and analytics, today announces that ORHub has appointed Blake Stockas Manager of Analytics.
"We are extremely pleased to add Blake as the Manager of Analytics who will contribute unique Electronic Hospital Record ("EHR") insight from a healthcare operations perspective on how to innovate data analytics to solve complex institutional challenges," said Colt Melby, Chief Executive Officer of ORHub. "With his experience in developing enterprise-wide analytics solutions across the operating room, anesthesia and radiology departments, we look forward to Blake's role in driving penetration into new hospitals and developing next generation modules as we continue to transform the business of surgery."
"This is an exciting time to join ORHub as the Company intends to stay at the forefront of healthcare information technology and evolve its platform to address the critical needs of hospitals and physicians to lower surgical spend and deliver optimal patient care," commented Blake. "I look forward to developing new analytic solutions that will enhance the interoperability and integration of surgical systems."
Mr. Stock most recently held the Perioperative Services Business Manager position at the University of San Diego Medical Center where he built and managed the Perioperative Business Operations to modernize surgical scheduling, surgery block management, budget processes, lean process improvement, cost savings initiatives and surgical charge capture since 2012. During this time, he created an innovative analytics platform that pulled from multiple hospital data streams including Surgery, Anesthesia, Radiology, Procurement, Revenue Management and Time & Attendance to deliver a shared analytics platform across administration and physicians to better understand and resolve corporate challenges.
Prior to UCSD, he served as Director of Professional Services and Process Improvement Consultant at Awarepoint working on Real Time Location Systems (RTLS) in academic, government and private for-profit healthcare organizations from 2009 until 2012. Mr. Stock began his healthcare information systems career at Cerner in 2007 as a software engineer. He obtained his Bachelors of Arts in Political Science and Economics from the University of Iowa and his Master of Business Administration in Business Healthcare from America Sentinel University.
FTMR 's response to Faruqi--Faruqi-LLP's press Release.
https://finance.yahoo.com/news/fortem-resources-inc-made-aware-144000948.html
CALGARY, AB / ACCESSWIRE / May 1, 2018 / Fortem Resources Inc. (FTMR) (the "Company") has been made aware of a news release dated April 27, 2018 from a New York based law firm purporting to investigate "…potential wrongdoing…" of the Company and/or its directors and officers.
The Company is proud of its loyal and supportive shareholder base and management is committed to continuing its culture of fostering open communication between the Company and its shareholders. Management believes there is no merit to the implied activities that are being reviewed, and further encourages any shareholder who has any questions regarding the Company and its operations to call Michael Caetano, Chief Operating Officer, at (403) 241-8912 during business hours.
Management believes that this is a positive time for the Company. It has acquired a quality portfolio of oil and gas interests and now looks forward to consummating financing arrangements to further develop those properties. Michael Caetano, COO stated, "Through hard work and dedication, Fortem has come a long way and we look forward to continuing to provide a positive outcome for our shareholders."
On behalf of the Board of Directors,
FORTEM RESOURCES INC.
"Michael Caetano"
Michael Caetano
Chief Operating Officer
Phone: (403) 241-8912
Email: info@fortemresources.com
News from yesterday..
https://finance.yahoo.com/news/spyr-present-planet-microcap-showcase-123000055.html
DENVER, CO / ACCESSWIRE / April 23, 2018 / SPYR, Inc. (OTC PINK: SPYR), a holding company with a wholly owned subsidiary in the mobile game & app development and publishing industry, will present at the ...
https://finance.yahoo.com/news/orhub-completes-june-30-2017-123100822.html
NEWPORT BEACH, Calif. , April 23, 2018 /PRNewswire/ -- ORHub, Inc . (OTC:ORHB) (the "Company"), a HIPAA compliant, physician-driven digital software company focused on improving profitability ...
Definitely an important step for ORHB, or any company. With the completion of their two year audit, I expect we will see their classification in OTCMarkets change from OTCPink to OTC QB, or perhaps the highest OTC Market's ranking OTC QX.
While neither of these is equivalent to the status foundation full NASDAQ or a listed exchange, it provides the framework or foundation needed for uplisting to either of those more prestigious exchanges.
Other requirements include a number of additional factors.
Well, that's not very encouraging.