The following was posted on Yahoo finance by ResortCEO and what brought me to the stock...
"STVI's CEO spoke at an investor conference on the West Coast and the STVI story was among the most impressive there. It was 100% about the company's moves in the blockchain space and they will soon be known as a player in the blockchain space with some of their own applications (backchannel) to be released shortly and many start ups pursuing STVI for partnerships. He also pointed out that the company already embraces bitcoin and will soon own other cryptocurrencies as well through partnerships with startups completing ICOs. He mentioned that there have been 236 ICOs so far this year with $3.7 Billion in funding and also said that the company is considering its own ICO to raise capital for more blockchain development, investments and possibly acquisitions. Key to why you should hold your STVI shares and consider buying more - STVI is about to move to Nasdaq, as the company (as of this month) finally meets all necessary criteria and the official uplisting could happen within weeks. CEO said it is a priority.
More quotes straight from STVI CEO -
- "We are working on several internal blockchain projects and partnering with best of breed startups in the categories that affect our business." (example #1 Gladius giving STVI preferential share of ICO that is underway)
- "Gladius is only the first one - we are doing partnerships across content delivery, storage, digital security, adtech, payments, etc."
- "We are working on partnerships with third party companies and ICO investments on favorable terms due to our status as a critical partner."
