IPO with Walmart connection! GDOT
Dot your 'i's Green
IPO with Walmart connection!
The largest Prepaid Debit-Card provider in the nation operating out of Walmart stores nationwide, Green Dot, is expected to go public tomorrow on the NYSE under the symbol GDOT.
It could be a very interesting and perhaps lucrative offering for investors because the float is very small just four million shares and Walmart will retain over 30% stake in the company. Since the float is so small don't expect big hedge funds to accumulate big chunk of stock, their interest, however, could drive up the stock price.
Prepaid Debit Card use is on the rise, many Americans who lost their credit cards in the current economic turmoil find Prepaid Debit Cards very helpful, and the security conscious consumers are increasingly turning to prepaid debit cards for online shopping.
Green Dot purchased a small bank recently that would help expand its product offering and reduce the processing fee. The company said to have made money during these tough economic conditions and its share of Prepaid Debit-Cards will continue to rise because of the Walmart connection.
Source: WSJ , OxBridgeResearch, PennyStockMonster, OTCking
Category: Banking, Prepaid Credit Cards, Prepaid Debit Cards,
JJ20100721
Glu Mobile, GLUU, Profile
Glu Mobil| GLUU | Summary | Profile
Mobil Games developers like Glu Mobile, GLUU, are attracting huge investor interest, the company has successfully raised $13.5 Million Dollars recently.
Despite the economic slowdown, smart phones sales growth remains healthy, the recent introduction of 4G is helping the growth of Mobil Gaming Industry.
Glu Mobile Inc. develops and markets mobile games worldwide. The company’s games are based on licensed intellectual property include Call of Duty, Deer Hunter, Diner Dash, Guitar Hero 5, Family Feud, Family Guy, The Price Is Right, Transformers, Wedding Dash, Who Wants to Be a Millionaire?, World Series of Poker. In addition the company has a portfolio of games based on its own intellectual property. The company also develops games for social networking Web sites.
Source: The Company, OxBridgeResearch, PennyStockMonster
Category: Mobil Gaming, Social Media,
JJ20100712
Social Network with membership Benefits?
The Only publicly Traded Pure Social Media Play
There are tons of companies in the Social Media ecosystem providing an array of services. TCLN.OB, so far, has been the only main stream publicly traded 'pure social media' play.
There are hugely successful privately held companies from the niche players like Four Square to the industry giants like the Facebook. Facebook, according to the industry experts could be worth over $20 Billion Dollars today.
The chances of Facebook going public or Twitter for that matter in the year 2010 is very, very remote. However, TCLN.OB, is a small publicly traded company with a unique revenue sharing business model. This revenue driven membership program makes this company stand out, and could prove a huge success attracting new members.
According to the ComScore and other industry analysts, over 500,000 new members join facebook and other social media networks every day. As for as we know, none of them currently provide any direct financial incentive to their members, only TCLN has the program in place.
Sources: The Company
Industry Sources
Artfest International (ARTS.OB) formerly ARTI.PK
Trying to bring Artists, Galleries and Investors together with its proprietary technology.
Artfest International (ARTS.OB) formerly ARTI.PK, is trying to bring Artists, Galleries and Investors together with its proprietary technology. The company has developed a unique direct marketing platform.
The Global Art and Collectible market is estimated to be around $120 Billion Dollars. The company is aiming to consolidate this very lucrative but fragmented market, expansion plans include acquisitions and organic growth through its various direct to consumer marketing platforms.
The company recently acquired Art Channel which could be a very lucrative direct-to-consumer vehicle, generating revenues through commissions and ad sales.
Revenues have increased and the company reported a Net Profit for the Third Quarter.