Blog - Page 2668 of 5706

WednesdayAug 26, 2015 5:21 pm

Latitude 360, Inc. (LATX) Looks to Capitalize on Popularity of Fantasy Sports with Pending Major League Fantasy Acquisition

In 2014, an estimated 57 million Americans participated in fantasy sports, and strong growth is expected to continue in the years to come. By 2016, industry reports estimate that fantasy sports could account for as much as $10 billion annually, as the popularity of daily fantasy games continues to expand. Latitude 360, Inc. (OTCQB: LATX), through its pending acquisition of Major League Fantasy, is in a strong strategic position to capitalize on this market performance, building on the success of its innovative upscale dining and entertainment venues. The daily fantasy sports boom is led by established market players, such as…

WednesdayAug 26, 2015 9:59 am

MIT Holding, Inc. (MITD) Posts First Quarter of Profitability in Company History

MIT Holding, a Los Angeles-based company operating through its network of agents, facilitators and contractual obligations to offer professional outpatient medical care with ambulatory infusion therapies, home infusion services, and medical equipment delivery, this morning reported its financial results for the 2015 second quarter, marking the company's first quarter of profitability. Key points include: • MITD's sales for the first six months were $851,724, an increase over sales of $473,153 for the same period of 2014. Adjusted net income for the period was $265,967, or $0.0027 per diluted share. • On a GAAP basis, MITD's first six months of 2015…

WednesdayAug 26, 2015 9:53 am

Aristocrat Group Corp. (ASCC) Capitalizing on Rising Consumer Interest in Premium Spirits

The rapid rise of the craft beer industry in the United States is well documented. In 2011, craft beer sales accounted for approximately $8.7 billion, and by 2014, this figure grew to $19.6 billion, according to a report by the Brewers Association. While this market performance is certainly noteworthy, one statistic that’s remained somewhat under the radar throughout this period is the persistent rise of the premium spirits market. According to data from the Distilled Spirits Council of the United States, sales volume for spirits rose by 2.2 percent in 2014, giving the domestic spirits industry a market share victory…

WednesdayAug 26, 2015 9:45 am

Alternet Systems, Inc. (ALYI) Mastering the Rapidly Evolving Digital Currency and Mcommerce Domain

According to recent analysis by leading payments industry and digital commerce news destination Let’s Talk Payments, in its 2015 report on the state of the U.S. mcommerce market, the total value of transactions conducted via smartphones and tablets is on track to hit somewhere around $120 billion by 2017, moving on the strength of increasing mobile device proliferation that will create a consumer base of over 150 million users. Given that the baseline mcommerce market was worth around anywhere from $58 billion last year, according to data compiled from Forrester, eMarketer, FangDigital and Comscoredatamine by MartMobi, to as much as…

WednesdayAug 26, 2015 9:20 am

On the Move Systems (OMVS) On Line App Leverages Uber Model to Penetrate Tourism and Trucking Sectors

On the Move Systems (OTC: OMVS) is engaged in exploring new online tools to reduce costs and boost convenience in the travel, tourism and trucking. The company recently released several news releases that reveal high market potential for its proposed online, on-demand courier service. OMVS points out that the shared economy, much like the Uber business model, is beneficial for people seeking what’s referred to as, “steady, flexible employment or extra income” as a means to profit from the increasingly popular business model. Further, On the Move Systems' management says it is considering workforce potential as it continues to pursue…

WednesdayAug 26, 2015 8:34 am

HII Technologies, Inc. (HIIT) Increasing Market Share in Oil and Gas Industry with Cost-Effective Portfolio of Services

HII Technologies is an oilfield services company with operations in Texas, Oklahoma, Ohio and West Virginia. Through the use of innovative water management techniques – including both water transfer and produced water flowback services – the company is strategically positioned to take advantage of the significant anticipated growth in horizontal drilling and hydraulic fracturing within the country’s active shale and unconventional oil plays in the years to come. Since horizontal multi-stage fracking operations can use more than five million gallons of water during oil production activities, the company’s services, which include the installation of temporary, above-ground pipe connected to nearby…

WednesdayAug 26, 2015 8:24 am

FastFunds Financial Corp. (FFFC) Increasing Market Share through Launch of Innovative Sanitation Products for Cannabis Industry

FastFunds Financial Corp., through recently formed subsidiary Pure Grow Systems LLC, is expanding its presence in the thriving legal cannabis industry. Earlier this month, the company’s innovative antimicrobial sanitation products and systems for grow facilities were highlighted as part of Hempfest in Seattle, Washington, which attracts more than 100,000 guests and is noted as one of the largest hemp-centric festivals in the world. By leveraging this platform to promote its products, FastFunds is in a favorable position to stimulate improved brand awareness and increased market share moving forward. “Hempfest will be a great launching pad for our products and system,”…

TuesdayAug 25, 2015 12:02 pm

BioAdaptives, Inc. (BDPT) Promoting Financial Growth through Impending Nationwide Product Roll-Out

BioAdaptives, Inc. (OTC: BDPT) is engaged in the research and development of science-based nutraceutical products for human and animal consumption. By sourcing high quality raw materials, the company is able to develop innovative products designed to improve overall health and wellness by providing a collection of benefits ranging from improved cognition and focus to reduced fatigue. BioAdaptives also owns exclusive rights to a non-invasive bioelectromagnetic device that has been shown to improve the effectiveness of individual ingredients, clearing the way for higher quality products that meet the unique needs of the nutraceutical industry. In June, BioAdaptives took a significant step…

TuesdayAug 25, 2015 11:10 am

GrowBLOX Sciences, Inc. (GBLX) Names John Poss as New CFO

GrowBLOX Sciences (OTC: GBLX), a biopharmaceutical company with state-of-the-art technologies in plant biology and cultivation designed to produce consistent medicinal cannabis, today announced John Poss as its new chief financial officer. "First joining us as a consultant, the performance of John Poss and his impact on our company, made the hiring of him as a full-time key executive an obvious choice. This choice supports our transition from the engineering intensive development stage to the day-to-day operations of producing an excellent product, branding it appropriately, and maximizing our revenue. We feel that John will be instrumental in helping us to achieve…

TuesdayAug 25, 2015 10:32 am

Giggles N’ Hugs, Inc. (GIGL) Posts Q2 2015 Results, Improvements

Giggles N’ Hugs (OTC:GIGL), owner and operator of family-friendly restaurants that combine high-end, organic food with active, cutting-edge play and entertainment for children, this morning announced its financial results for the 13 weeks ended June 28, 2015. Second-quarter 2015 net sales were $830,812, up 0.8% from net sales of $824,611 reported in the second quarter of 2014. Giggles N’ Hugs attributes the increase to the continuing trend for higher party rentals. Sales were up 3.4% for private party rentals and other sales, offsetting the higher allowances, returns and discounts. The Glendale location showed the highest increase of 5.5% over the…

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