Chancellor Group Inc (CHAG)

[newelong]

Hot Companies In Hot Industries: Deep Value With Deep Returns And On The Cheap!

Jun 4, 2014 10:17 PM

[excerpt]

Chancellor Group (OTCQB:CHAG)

Operates Silicon Valley start-ups similar to BoostVC which have the potential to change the consumer transaction landscape. Through their subsidiary, Pimovi, they are in the process of issuing their own industry-specific alternative currencies starting with 'songcoin' for the music and entertainment industry. Noteworthy as Twitter (TWTR) is currently trying to buy up the most popular music services including Pandora (P), Spotify and SoundCloud. Considering that Bitcoin is worth close to $8 billion, this bodes significantly well for Chancellor Group and their own alternative currency offerings.

Chancellor Group also operates a subsidiary, Fuelist which competes with Ebay Motors and True Car (TRUE) , valued at close to $800 million. Fuelist Co-Founder Matthew Hamilton, said today: "We have been gratified with industry response since our site went live just a few weeks ago and the release today of what we regard as a very sophisticated app with potential for very wide usage is, for us, the icing on the cake. "This release is timely. Many experts believe the classic car market is experiencing unprecedented, exponential growth. "For instance, a recent TechCrunch article, titled, 'As TrueCar IPOs, The Fuelist Launches Classic Car Pricing App', stated: 'Roughly $13 billion changes hands between classic car collectors worldwide... ' The Article also said: 'Even private equity funds are creating strategies to invest in classic cars.'" Source: http://techcrunch.com/2014/05/18/as-truecar-ipos-the-fuelist-launches-classic-car-pricing-app/

http://seekingalpha.com/instablog/24409233-piperjaff/2965613-hot-companies-in-hot-industries-deep-value-with-deep-returns-and-on-the-cheap

CHAG