A few years ago, most doctors were still updating their patient files manually and kept hard copies in their offices to refer to whenever necessary. More often than not, this antiquated system proved cumbersome and inefficient, especially in an emergency situation where a doctor needed to access his or her patient’s medical history quickly and the file went missing or was accidentally misplaced. Potentially leading to a delay in proper care, this medical patient filing system became increasingly obsolete, and a growing number of health care professionals started turning toward electronic health record (EHR) keeping.
Also known as electronic medical records, EHRs have a significant impact on the health care system, improving its overall quality and enhancing patient safety. Electronic health records streamline clinical operations, allow multiple practitioners to access patients’ medical histories, allow convenient storage and retrieval of information, and can help a practice be more operationally efficient. By accessing a patient’s history electronically, doctors can immediately see how a specific condition developed and evolved and decide the best course of action and treatment based on this comprehensive information.
These features have convinced a great number of physicians to switch to EHR systems, with the adoption rate nearly doubling in the United States since 2008 (from 42% to 83% in 2015). In January of this year, roughly 59% of U.S. medical service providers reported using an EHR system, with the slight decline owing to a much larger sampling size. In addition, nearly 35% of health care professionals reported using a fully functional EHR platform with capabilities such as electronic charts, electronic prescribing and integration with imaging and testing centers. Among the specialties with the highest adoption rates are internal medicine and pediatrics, dialysis, nephrology and pathology.
To further encourage the use of EHR systems, the federal government issued a set of ‘Meaningful Use’ standards in 2010, outlining a series of EHR use requirements for doctors wishing to be eligible for Medicare and Medicaid payments. All health care units using EHR systems need to be in line with the Meaningful Use standards by 2017 or risk penalty. At the moment, three-quarters of EHR users reported that their systems meet Meaningful Use requirements, while more than 370,000 physicians or practices have already earned incentive under the program.
The EHR software from top health care information technology provider Medical Transcription Billing, Corp. (NASDAQ: MTBC; MTBCP) fully meets all the requirements of any small- to medium-sized medical practice, no matter the size and specialty. Built around the company’s proprietary ChartsPro™ software, this web-based EHR is easy to use and intuitive, being designed to improve the productivity of any practice by automating all its clinical activities. Since it is web-based, it does not require any software download or installation and allows medical professionals to access it anytime, anywhere, using only a computer or mobile device with an Internet connection. The system also includes 13 specialty-specific modules, including Family Medicine, Internal Medicine, OB/GYN, Podiatry, Rheumatology, Pediatrics and Psychiatry.
Some of the Medical Transcription Billing software’s top features include Patient Charts, which allow for the capture and storage of extensive patient information such as vitals, social history and care plan; a Clinical Decision Support System, which helps provide preventative care with evidence-based alerts; a Personal Tab module, which enables detailed documentation of patient demographics; and a host of patient education materials via the MedlinePlus Encyclopedia.
For more information, visit www.mtbc.com, and see the company’s fact sheet at http://ir.mtbc.com/events.cfm.
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Monday, October 31, 2016
Moxian, Inc. (MOXC) Giving Businesses a Stronger Mobile Presence with Consumers
With mobile devices continuing to grow in popularity, companies need to adapt their websites and strategies to reach this mobile audience. As a result, organizations are having to build a stronger mobile presence and associated marketing strategy to effectively capture consumer attention.
According to the Huffington Post article ‘5 Key Elements for an Effective B2C Mobile Marketing Strategy’ (http://dtn.fm/qQHn9), the elements that businesses need to consider in order to ensure they are reaching the right audience at the right time with the right content include: social media marketing, tailoring content for mobile use, using mobile-friendly emails, using hyper-targeted ads, and choosing a responsive design. Since social media in particular is widely used on mobile devices, companies now need to make sure that all aspects of their marketing strategies are appropriately tuned to this widely-accepted form of communication.
Moxian, Inc. (OTCQB: MOXC), a company in the business of providing social media marketing and promotion platforms to help merchants advertise through social media, offers two mobile friendly applications: the Moxian+ Business app and the Moxian+ User app. These applications allow merchants to connect more easily with consumers thanks to targeted ad campaigns and promotions, together with consumer behavior data compiled from the Moxian user database.
The Moxian+ Business application allows organizations to convert consumers into members, which in turn helps them build lasting relationships, increasing repeat sales. With the help of this mobile application, businesses can regularly update customers with new products and other information. Not only this, the application mobilizes staff, which allows them to market their business via social media from their mobile devices. The application also offers multi-channel promotional tools, both online and offline, and provides business reports on the go.
For more information, visit the company’s website at www.Moxian.com
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According to the Huffington Post article ‘5 Key Elements for an Effective B2C Mobile Marketing Strategy’ (http://dtn.fm/qQHn9), the elements that businesses need to consider in order to ensure they are reaching the right audience at the right time with the right content include: social media marketing, tailoring content for mobile use, using mobile-friendly emails, using hyper-targeted ads, and choosing a responsive design. Since social media in particular is widely used on mobile devices, companies now need to make sure that all aspects of their marketing strategies are appropriately tuned to this widely-accepted form of communication.
Moxian, Inc. (OTCQB: MOXC), a company in the business of providing social media marketing and promotion platforms to help merchants advertise through social media, offers two mobile friendly applications: the Moxian+ Business app and the Moxian+ User app. These applications allow merchants to connect more easily with consumers thanks to targeted ad campaigns and promotions, together with consumer behavior data compiled from the Moxian user database.
The Moxian+ Business application allows organizations to convert consumers into members, which in turn helps them build lasting relationships, increasing repeat sales. With the help of this mobile application, businesses can regularly update customers with new products and other information. Not only this, the application mobilizes staff, which allows them to market their business via social media from their mobile devices. The application also offers multi-channel promotional tools, both online and offline, and provides business reports on the go.
For more information, visit the company’s website at www.Moxian.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
OurPet’s Company (OPCO) Supports Responsible Pet Ownership with Intelligent Pet Care™ Product Line
September was National Responsible Dog Ownership Month, an initiative started by the American Kennel Club with the purpose of helping pet owners raise healthy and happy dogs by making sure they are aware of all the responsibilities dog ownership entails, from budgeting your furry friend’s health care to making sure it has proper identification and giving it enough love and attention. As a leading provider of innovative pet products, OurPet’s Company (OTCQX: OPCO) is dedicated to supporting responsible dog and cat ownership through its unique line of intelligent products designed to offer enhanced care and monitoring of your pet’s health.
To raise awareness of the fact that getting a pet comes with a series of obligations, the American Kennel Club has put together a list of basic responsibilities a dog owner must be ready for – requirements that are indeed the sign of responsible pet ownership regardless of whether your new family member is canine or feline. Some of these basics include regular veterinarian exams to make sure your dog’s overall health is good, sticking with your pet’s vaccination schedule to prevent possible severe diseases such as rabies or parvovirus, ensuring a healthy and balanced diet for your dog, keeping it properly hydrated and safe from the elements, and also making sure your dog has proper identification. By following these very simple guidelines, all dog owners can make sure their pets will be happy and healthy for many years to come.
With the OurPets® Intelligent Pet Care™ product line (http://dtn.fm/1O31j), pet owners will find it easier than ever to monitor their furry friends’ behavior and health, enabling them to develop a stronger bond for more complete care. The Intelligent Pet Care™ line is the first that offers a complete range of smart pet health monitoring products by incorporating Bluetooth® technology into everyday pet care. Owners will be able to keep in touch with their pets and be aware of any changes in their behavior or daily routines via the IntelligentPetLink™ smartphone app, available for download for both Android and iOS systems.
The SmartLink™ Waterer – Intelligent Water Fountain (http://dtn.fm/5j5Nw) and SmartLink™ Feeder – Intelligent Pet Bowl (http://dtn.fm/83Esn) are, for instance, crucial for keeping your cat or dog well hydrated and properly fed with fresh water and food, in the right amount. This eliminates the needs of leaving out a bowl of water or food while you’re away, which can be a problem if you have multiple pets and you would have no way of controlling how much food each of them is getting. The SmartLink™ Waterer ensures that your pet always has access to fresh water by sensing when it is near and dispensing clean, filtered water in a waterfall design. The water fountain’s Bluetooth® module then sends regular updates to the owner’s smartphone about their pet’s drinking behaviors, water temperature and more. The SmartLink™ Feeder works in a similar way, dispensing food only when detecting a particular tag that can be attached to your cat or dog’s collar. This system is ideal for a pet on a particular diet that requires meals on specific intervals. All of this information is then communicated to the owner’s phone through the IntelligentPetLink™ app.
The Intelligent Pet Care™ product line also includes the SmartScoop® – Intelligent Litter Box (http://dtn.fm/6LeLV), the SmartLink™ Tag (http://dtn.fm/X9EyX), and the SmartLink™ Gateway – WiFi Pet Care Connector (http://dtn.fm/0IN6p), which converts Bluetooth® signals into long-range WiFi signals to allow monitoring of pets’ activities outside the house.
For more information, visit the company’s website at www.OurPets.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
To raise awareness of the fact that getting a pet comes with a series of obligations, the American Kennel Club has put together a list of basic responsibilities a dog owner must be ready for – requirements that are indeed the sign of responsible pet ownership regardless of whether your new family member is canine or feline. Some of these basics include regular veterinarian exams to make sure your dog’s overall health is good, sticking with your pet’s vaccination schedule to prevent possible severe diseases such as rabies or parvovirus, ensuring a healthy and balanced diet for your dog, keeping it properly hydrated and safe from the elements, and also making sure your dog has proper identification. By following these very simple guidelines, all dog owners can make sure their pets will be happy and healthy for many years to come.
With the OurPets® Intelligent Pet Care™ product line (http://dtn.fm/1O31j), pet owners will find it easier than ever to monitor their furry friends’ behavior and health, enabling them to develop a stronger bond for more complete care. The Intelligent Pet Care™ line is the first that offers a complete range of smart pet health monitoring products by incorporating Bluetooth® technology into everyday pet care. Owners will be able to keep in touch with their pets and be aware of any changes in their behavior or daily routines via the IntelligentPetLink™ smartphone app, available for download for both Android and iOS systems.
The SmartLink™ Waterer – Intelligent Water Fountain (http://dtn.fm/5j5Nw) and SmartLink™ Feeder – Intelligent Pet Bowl (http://dtn.fm/83Esn) are, for instance, crucial for keeping your cat or dog well hydrated and properly fed with fresh water and food, in the right amount. This eliminates the needs of leaving out a bowl of water or food while you’re away, which can be a problem if you have multiple pets and you would have no way of controlling how much food each of them is getting. The SmartLink™ Waterer ensures that your pet always has access to fresh water by sensing when it is near and dispensing clean, filtered water in a waterfall design. The water fountain’s Bluetooth® module then sends regular updates to the owner’s smartphone about their pet’s drinking behaviors, water temperature and more. The SmartLink™ Feeder works in a similar way, dispensing food only when detecting a particular tag that can be attached to your cat or dog’s collar. This system is ideal for a pet on a particular diet that requires meals on specific intervals. All of this information is then communicated to the owner’s phone through the IntelligentPetLink™ app.
The Intelligent Pet Care™ product line also includes the SmartScoop® – Intelligent Litter Box (http://dtn.fm/6LeLV), the SmartLink™ Tag (http://dtn.fm/X9EyX), and the SmartLink™ Gateway – WiFi Pet Care Connector (http://dtn.fm/0IN6p), which converts Bluetooth® signals into long-range WiFi signals to allow monitoring of pets’ activities outside the house.
For more information, visit the company’s website at www.OurPets.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Friday, October 28, 2016
eXp World Holdings, Inc. (EXPI) Announces Addition of Eric Burch Real Estate Team to eXp Realty
Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI) announced the addition of Eric Burch, principal of the independent brokerage Burch & Co. Real Estate, to the Agent-Owned Cloud Brokerage®. As part of this move, Burch transitioned his entire team of 17 agents and brokers, which was ranked the number one team in Northeast Arkansas in 2015 in terms of transaction volume, to eXp Realty. With this announcement, eXp Realty has now added three leading real estate teams from markets across the country over the past two weeks.
“Burch & Co. is our heart, our baby,” Eric Burch stated in this morning’s news release. “We wouldn’t be making the transition if we didn’t firmly believe that eXp represents the very best option for us as a team and as individual real estate professionals. With eXp, we can provide better service to our clients and, importantly, the opportunity for true ownership to our agents.”
Burch was formally introduced to the eXp Realty community during the company’s weekly leadership meeting this morning. To view these meetings, visit the company’s YouTube channel at www.youtube.com/user/eXpRealty.
eXp Realty has been in a period of rapid growth since the beginning of 2016, expanding its family of agents and brokers by more than 120 percent since January 1. Earlier this month, the company added its 1,900th agent, and management has already set its sights on a goal of 2,200 agents by the end of this year. Through the recent additions of top real estate teams such as Sacramento’s Brent Gove team and Darren James Real Estate Experts of Baton Rouge, as well as Miguel Herrera – the top international luxury agent in all of South Texas, eXp Realty is demonstrating that the value proposition presented by the Agent-Owned Cloud Brokerage® is unmatched in the industry.
“eXp provides top teams and brokerage owners with the opportunity to expand into new markets without additional capital requirements and an agent experience for their members that is collaborative, interpersonal and enriching,” Vikki Bartholomae, president of eXp Realty, stated in the news release. “We welcome Eric and his team to Agent Ownership and look forward to extending that same opportunity to other entrepreneurial brokerage owners, agents, and teams of agents in all markets.”
Since its launch in October 2009, eXp Realty has leveraged an aggressive revenue sharing program that pays agents a percentage of gross commission income earned by fellow real estate professionals whom they attract into the company. In 2013, EXPI transitioned into being a public company before implementing an innovative equity sharing initiative the next year. When combined with the company’s collaborative training tools and immersive, 3-D cloud office environment, this equity sharing model has proven extremely successful, as eXp Realty’s rates of growth and agent retention have greatly accelerated in recent years.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
“Burch & Co. is our heart, our baby,” Eric Burch stated in this morning’s news release. “We wouldn’t be making the transition if we didn’t firmly believe that eXp represents the very best option for us as a team and as individual real estate professionals. With eXp, we can provide better service to our clients and, importantly, the opportunity for true ownership to our agents.”
Burch was formally introduced to the eXp Realty community during the company’s weekly leadership meeting this morning. To view these meetings, visit the company’s YouTube channel at www.youtube.com/user/eXpRealty.
eXp Realty has been in a period of rapid growth since the beginning of 2016, expanding its family of agents and brokers by more than 120 percent since January 1. Earlier this month, the company added its 1,900th agent, and management has already set its sights on a goal of 2,200 agents by the end of this year. Through the recent additions of top real estate teams such as Sacramento’s Brent Gove team and Darren James Real Estate Experts of Baton Rouge, as well as Miguel Herrera – the top international luxury agent in all of South Texas, eXp Realty is demonstrating that the value proposition presented by the Agent-Owned Cloud Brokerage® is unmatched in the industry.
“eXp provides top teams and brokerage owners with the opportunity to expand into new markets without additional capital requirements and an agent experience for their members that is collaborative, interpersonal and enriching,” Vikki Bartholomae, president of eXp Realty, stated in the news release. “We welcome Eric and his team to Agent Ownership and look forward to extending that same opportunity to other entrepreneurial brokerage owners, agents, and teams of agents in all markets.”
Since its launch in October 2009, eXp Realty has leveraged an aggressive revenue sharing program that pays agents a percentage of gross commission income earned by fellow real estate professionals whom they attract into the company. In 2013, EXPI transitioned into being a public company before implementing an innovative equity sharing initiative the next year. When combined with the company’s collaborative training tools and immersive, 3-D cloud office environment, this equity sharing model has proven extremely successful, as eXp Realty’s rates of growth and agent retention have greatly accelerated in recent years.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Net Element, Inc. (NETE) – Embracing Innovation and Differentiation in the Payment Processing Space
Net Element, Inc. (NETE) – Embracing Innovation and Differentiation in the Payment Processing Space
Net Element (NASDAQ: NETE) embraces what sets it apart from the competition: a laser focus on specific market expertise and value-added products and services. A global payments-as-a-service company, Net Element operates as a technology provider with an integrated mobile and transactional services platform that serves emerging market clients across North America, Russia, and the Commonwealth of Independent States.
The 150-plus staffers that make up the Net Element team thrive at seeing their ideas turn into innovations that become accomplishments. They develop and deliver customer-engaged, next-generation point of sale systems that anticipate market turns and trends. They present alternatives to cash payment methods that bring added convenience to customers-on-the-go, allowing them to perform commercial transactions right from their mobile devices. And with both the company’s online and offline payment capabilities, they allow merchants to operate their businesses with an anywhere-and-anyhow mentality. Using the most inventive and powerful tools on the web, the Net Element team continues to transform the online and mobile experience, all in an effort to improve relationships, enrich lives and bring communities together.
With its smarter, mobile point of sale systems, Net Element is in a sweet spot for growth, not only in the United States but outside of it as well, and still the company continues to improve how users engage with its products. It has been more than a decade since Net Element launched, and its contributions now extend beyond the mobile payment and value-added transactional innovations offered by subsidiaries like Aptito and TOT Money to the socially-responsible transaction processing options offered by companies like Process Pink and Unified Payments. By focusing on the technological innovations at the core of its products, the company continues to compete with ease in several highly-competitive markets.
For more information, visit www.NetElement.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Net Element (NASDAQ: NETE) embraces what sets it apart from the competition: a laser focus on specific market expertise and value-added products and services. A global payments-as-a-service company, Net Element operates as a technology provider with an integrated mobile and transactional services platform that serves emerging market clients across North America, Russia, and the Commonwealth of Independent States.
The 150-plus staffers that make up the Net Element team thrive at seeing their ideas turn into innovations that become accomplishments. They develop and deliver customer-engaged, next-generation point of sale systems that anticipate market turns and trends. They present alternatives to cash payment methods that bring added convenience to customers-on-the-go, allowing them to perform commercial transactions right from their mobile devices. And with both the company’s online and offline payment capabilities, they allow merchants to operate their businesses with an anywhere-and-anyhow mentality. Using the most inventive and powerful tools on the web, the Net Element team continues to transform the online and mobile experience, all in an effort to improve relationships, enrich lives and bring communities together.
With its smarter, mobile point of sale systems, Net Element is in a sweet spot for growth, not only in the United States but outside of it as well, and still the company continues to improve how users engage with its products. It has been more than a decade since Net Element launched, and its contributions now extend beyond the mobile payment and value-added transactional innovations offered by subsidiaries like Aptito and TOT Money to the socially-responsible transaction processing options offered by companies like Process Pink and Unified Payments. By focusing on the technological innovations at the core of its products, the company continues to compete with ease in several highly-competitive markets.
For more information, visit www.NetElement.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Thursday, October 27, 2016
CEO of Net Element, Inc. (NETE) Subsidiary PayOnline Selected to Lead Futuristic Panel at Russian Interactive Week
Before the opening bell, Net Element, Inc. (NASDAQ: NETE) announced that Marat Abasaliev, chief executive officer of the company’s wholly-owned PayOnline subsidiary, will lead the futuristic section of the upcoming Russian Interactive Week (“RIW”) 2016. Organized by RUNET Group and held at Moscow’s Expo Center, RIW is the biggest annual event centered on the Russian Internet and offers a combination of a multi-threaded conference, media communication forum and a variety of extracurricular activities. This year’s event, which will be held from November 1-3, 2016, is expected to draw attendance in excess of 20,000 visitors.
Abasaliev’s highly-anticipated session, titled ‘How we will pay in 2020: projections and fantasies’, is scheduled to open the second day of RIW and will focus on forecast changes in Russian Internet payments that are set to take place over the next five years. Abasaliev will be joined by representatives from other market leaders, including MasterCard (NYSE: MA), MTS, VTB24 Bank and Mail Group, who are expected to share their unique views on the rapid development and evolution of the overall payments ecosystem.
In addition to offering his unique insight to conference visitors, Abasaliev’s assessment of the near-term future of the payments ecosystem in Russia and key issues related to electronic and physical payments in the region will also be evaluated by the event’s organizers. According to this morning’s update, the most visionary presenter will be honored at RIW 2020.
“Payment service providers reside at the intersection of information technology and electronic payments directly interacting with payment systems, banks, IT companies and mobile operators,” Abasaliev stated in this morning’s news release. “Taking stock of the payments landscape, we noticed that based on their individual challenges, each of our partners have their own vision of the ‘future payments’ of Russia; thus was born the idea of bringing together key industry players in the payment sector and try to create a shared vision of our future.”
In recent weeks, PayOnline has made significant progress toward expanding its presence in both the Russian payments market and those of the Commonwealth of Independent States. Perhaps the largest headline from this period, PayOnline entered into an agreement with Dunkin’ Donuts (NASDAQ: DNKN) to enable payment acceptance for online ordering and delivery services at the chain’s locations throughout the Russian market. Earlier this month, PayOnline built on this progress through its entry into a new agreement with ExLine, a leading provider of courier services in the Republic of Kazakhstan. Through this deal, PayOnline is helping ExLine enable online payment acceptance services for more than 50,000 customers across its operating region.
For more information, visit www.NetElement.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Abasaliev’s highly-anticipated session, titled ‘How we will pay in 2020: projections and fantasies’, is scheduled to open the second day of RIW and will focus on forecast changes in Russian Internet payments that are set to take place over the next five years. Abasaliev will be joined by representatives from other market leaders, including MasterCard (NYSE: MA), MTS, VTB24 Bank and Mail Group, who are expected to share their unique views on the rapid development and evolution of the overall payments ecosystem.
In addition to offering his unique insight to conference visitors, Abasaliev’s assessment of the near-term future of the payments ecosystem in Russia and key issues related to electronic and physical payments in the region will also be evaluated by the event’s organizers. According to this morning’s update, the most visionary presenter will be honored at RIW 2020.
“Payment service providers reside at the intersection of information technology and electronic payments directly interacting with payment systems, banks, IT companies and mobile operators,” Abasaliev stated in this morning’s news release. “Taking stock of the payments landscape, we noticed that based on their individual challenges, each of our partners have their own vision of the ‘future payments’ of Russia; thus was born the idea of bringing together key industry players in the payment sector and try to create a shared vision of our future.”
In recent weeks, PayOnline has made significant progress toward expanding its presence in both the Russian payments market and those of the Commonwealth of Independent States. Perhaps the largest headline from this period, PayOnline entered into an agreement with Dunkin’ Donuts (NASDAQ: DNKN) to enable payment acceptance for online ordering and delivery services at the chain’s locations throughout the Russian market. Earlier this month, PayOnline built on this progress through its entry into a new agreement with ExLine, a leading provider of courier services in the Republic of Kazakhstan. Through this deal, PayOnline is helping ExLine enable online payment acceptance services for more than 50,000 customers across its operating region.
For more information, visit www.NetElement.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Wednesday, October 26, 2016
Travel on 195 NextTrips with Monaker Group (MKGI)
A journey of a thousand miles, it has been said, begins with one step. That is as true today as it was 2,600 years ago when the venerable Chinese sage Lao-Tzu, to whom the saying is attributed, lived. Today, however, that thousand mile journey can also start with a single click, along with a little help from Monaker Group, Inc. (OTCQB: MKGI) and its flagship NextTrip platform. From that portal, the spirited adventurer can take his or her next trip to any one of 195 countries around the world.
Starting with that first click, users can begin their physical journey with a visual one on the NextTrip platform. There, the tormented soul driven by wanderlust or the holiday maker just getting away for a week or two will discover the world through a stimulating collection of videos on various destinations and tour packages. The site features videos on leading global cities like Bangkok, Cape Town, Dubai, Istanbul and Vienna, as well as the world’s five “gateway” cities: Hong Kong, London, Paris, New York City and Singapore. Since would-be travelers are increasingly using video content to make decisions about vacations, Monaker has compiled an extensive media library that has since become one of the company’s most valuable digital assets.
Back in October 2015, Monaker acquired the large and very popular global vacation rental platform, AlwaysOnVacation, which had, at that time, a listing of 65,000 properties in 120 countries. Vacation rental, which includes alternative lodging rentals, is one of the fastest growing segments of the travel market. With AlwaysOnVacation, Monaker also acquired relationships with 60 affiliated partner websites that are making its offerings available in 16 languages to around 700,000 subscribers worldwide.
The AlwaysOnVacation properties are part ‘of close to 1.2 million homes’ that Monaker has ‘under contract’, part of its strategy of cultivating ‘significant partnerships for accessing inventory’. As CEO Bill Kerby has pointed out, inventory of that size would make Monaker as big as HomeAway, which was acquired by Expedia (NASDAQ: EXPE) in December 2015 for $3.9 billion.
Monaker’s travel assets now include Maupintour, with over 65 years in tour-guided vacations; Voyage.TV, with its thousands of hours of travel footage shot in over 30 countries around the world; AlwayOnVacation, with its 250,000 listed properties; and NextTrip.com.
NextTrip is traveling in areas left uncharted by AirBnB, HomeAway, Priceline (NASDAQ: PCLN) and FlipKey by offering both proprietary and partner-held alternative lodging accommodation. The platform also offers traditional hotel accommodation, timeshare and resort inventory, real-time booking, a bidding platform, video content, car rentals, cruise packages, tours, airline bookings, and access to real live travel agents. It may be time for investors to take that first step and begin the journey with Monaker.
For more information, visit www.MonakerGroup.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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Starting with that first click, users can begin their physical journey with a visual one on the NextTrip platform. There, the tormented soul driven by wanderlust or the holiday maker just getting away for a week or two will discover the world through a stimulating collection of videos on various destinations and tour packages. The site features videos on leading global cities like Bangkok, Cape Town, Dubai, Istanbul and Vienna, as well as the world’s five “gateway” cities: Hong Kong, London, Paris, New York City and Singapore. Since would-be travelers are increasingly using video content to make decisions about vacations, Monaker has compiled an extensive media library that has since become one of the company’s most valuable digital assets.
Back in October 2015, Monaker acquired the large and very popular global vacation rental platform, AlwaysOnVacation, which had, at that time, a listing of 65,000 properties in 120 countries. Vacation rental, which includes alternative lodging rentals, is one of the fastest growing segments of the travel market. With AlwaysOnVacation, Monaker also acquired relationships with 60 affiliated partner websites that are making its offerings available in 16 languages to around 700,000 subscribers worldwide.
The AlwaysOnVacation properties are part ‘of close to 1.2 million homes’ that Monaker has ‘under contract’, part of its strategy of cultivating ‘significant partnerships for accessing inventory’. As CEO Bill Kerby has pointed out, inventory of that size would make Monaker as big as HomeAway, which was acquired by Expedia (NASDAQ: EXPE) in December 2015 for $3.9 billion.
Monaker’s travel assets now include Maupintour, with over 65 years in tour-guided vacations; Voyage.TV, with its thousands of hours of travel footage shot in over 30 countries around the world; AlwayOnVacation, with its 250,000 listed properties; and NextTrip.com.
NextTrip is traveling in areas left uncharted by AirBnB, HomeAway, Priceline (NASDAQ: PCLN) and FlipKey by offering both proprietary and partner-held alternative lodging accommodation. The platform also offers traditional hotel accommodation, timeshare and resort inventory, real-time booking, a bidding platform, video content, car rentals, cruise packages, tours, airline bookings, and access to real live travel agents. It may be time for investors to take that first step and begin the journey with Monaker.
For more information, visit www.MonakerGroup.com
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Moxian, Inc. (MOXC) and Its Magnetic Marketing Mix
Moxian, Inc. (OTCQB: MOXC) is using its new media marketing solution to make a strong play in the Asian marketing industry. Headquartered in Shenzhen, China, the company offers some of the biggest interactive marketing products of the mobile internet era for social and business communities. It provides merchants with tangible opportunities to strengthen their outreach to consumers, and it delivers win-win solutions that allow companies to use big data to gain considerable insight into their operations, as well as their competitors’. With its online-to-offline integrated approach, Moxian infuses major mojo into a company’s marketing plan.
When Moxian Chairman and CEO James Tan was interviewed by Asian Fund Space in May 2016, he spoke about the company’s strategies for success. Even more so, the resulting article (http://dtn.fm/7CmAY) revealed the three things management estimates Moxian needs to do to become a successful internet company. One, Moxian needs to identify a market need and its potential to deliver the products that would be in demand. Two, Moxian needs to emphasize quality over quantity with respect to writing and design code. Three, Moxian needs to develop the ability to design and build the infrastructure that will enable it to deliver products and support services to the market it has identified.
It has been three years now since Moxian was founded and the company is still very much technology driven. About half of Moxian’s staff of 170 (approximately 80 people) are focused on research and development (R&D). And, out of these 80 staffers, about 20 focus on end-product development while the remaining 60 are general R&D staffers.
Since its founding in 2013, Moxian has maintained an active product release and operations schedule. In October 2013, it launched its Moxian App 1.0 for beta in China and Malaysia. The following spring, it set up sales and marketing departments in Malaysia and Mainland China, and, shortly after, registered 50,000 merchants and 300,000 global users for its app. By September 2014, it had kicked off development of its Moxian+ platform, and, in the summer of 2015, it opened a new office in Shenzhen and also co-hosted and sponsored the Xinhua New Media Integrated Conference (Moxian’s deal with Xinhua, in particular, marked a major milestone in its development). Finally, later that October, the company completed the launch of its Moxian+ User App and Moxian+ Business App.
Over the years, the thriving new media market has given rise to a fast-growing net advertising sector in China and the rest of the world. In China alone, the advertising market is expected to hit around $80 billion in 2016. With about half of this number coming from mobile ad revenue, Moxian’s management sees this development as welcome news as the company has been preparing to tap into this booming market for quite some time now.
For more information, visit the company’s website at www.Moxian.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
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When Moxian Chairman and CEO James Tan was interviewed by Asian Fund Space in May 2016, he spoke about the company’s strategies for success. Even more so, the resulting article (http://dtn.fm/7CmAY) revealed the three things management estimates Moxian needs to do to become a successful internet company. One, Moxian needs to identify a market need and its potential to deliver the products that would be in demand. Two, Moxian needs to emphasize quality over quantity with respect to writing and design code. Three, Moxian needs to develop the ability to design and build the infrastructure that will enable it to deliver products and support services to the market it has identified.
It has been three years now since Moxian was founded and the company is still very much technology driven. About half of Moxian’s staff of 170 (approximately 80 people) are focused on research and development (R&D). And, out of these 80 staffers, about 20 focus on end-product development while the remaining 60 are general R&D staffers.
Since its founding in 2013, Moxian has maintained an active product release and operations schedule. In October 2013, it launched its Moxian App 1.0 for beta in China and Malaysia. The following spring, it set up sales and marketing departments in Malaysia and Mainland China, and, shortly after, registered 50,000 merchants and 300,000 global users for its app. By September 2014, it had kicked off development of its Moxian+ platform, and, in the summer of 2015, it opened a new office in Shenzhen and also co-hosted and sponsored the Xinhua New Media Integrated Conference (Moxian’s deal with Xinhua, in particular, marked a major milestone in its development). Finally, later that October, the company completed the launch of its Moxian+ User App and Moxian+ Business App.
Over the years, the thriving new media market has given rise to a fast-growing net advertising sector in China and the rest of the world. In China alone, the advertising market is expected to hit around $80 billion in 2016. With about half of this number coming from mobile ad revenue, Moxian’s management sees this development as welcome news as the company has been preparing to tap into this booming market for quite some time now.
For more information, visit the company’s website at www.Moxian.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
eXp World Holdings (EXPI) Brokerage Division Continues Accelerated Growth, Tops 1,900 Agents
Continuing its already significant growth rate, eXp Realty, the real estate brokerage division of eXp World Holdings, Inc. (OTCQB: EXPI), has expanded its agent base to more than 1,900 professionals, reporting a 151% increase in agent count, as compared to the third quarter of 2015. If it continues to expand at the same rate, it is very likely that the Agent-Owned Cloud Brokerage® will hit the 2,200-agent mark by the end of the year.
The company has been experiencing accelerated growth since the beginning of the year, expanding both its agent base and its coverage. With only 864 agents on January 1, it reached 1,500 agents in early August and now has 1,900 professionals across 41 markets in the U.S. and Canada – more specifically covering 41 states, the District of Columbia and Alberta, Canada. According to a company press release, the brokerage had 1,816 real estate professionals at the end of the third quarter, compared to 721 agents at the end of Q3 2015, marking an increase of over 151%. Earlier this month, it added its 1,900th agent.
This exponential growth rate is the direct results of eXp Realty’s unique business model. Unlike most competitors that concentrate their activity around a brick and mortar office, eXp’s commercial and residential brokerage relies heavily on cloud-based technologies and an advanced virtual reality platform to build an online community of real estate professionals. The platform allows for a wide range of operations, including agent training, lead generation, IT services, leadership meetings and more. Agents can meet in this virtual reality space to share experiences, exchange ideas with other agents, take online real estate classes and even play a game of virtual soccer.
In addition, the eXp Realty model is based on the idea that all agents should also have the possibility of being owners, so the brokerage offers its members access to lucrative revenue sharing programs and the opportunity to become shareholders based on their contributions to company growth. Since everything is done online, from the comfort of one’s home, agents can provide more efficient service and increase their profit with a lower risk, without having to worry about franchise and desk fees or similar expenses.
This system has allowed for a massive increase in the number of agents, but also for record revenue for eXp World Holdings in the first two quarters of the year, including more than $7 million in the first quarter and $13 million in the second. The financial figures for Q3 have not yet been released. According to eXp Realty CEO Jason Gesing, this growth rate shows that the company has become the brokerage of choice for agents and teams, as well as for brokerage owners that want to increase their profit. He also said his company was very happy with the quality of the real estate professionals who are joining the organization.
For more information, visit the company’s website at www.eXpWorldHoldings.com
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Sign up for “The Mission Report” at www.MissionIR.com
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The company has been experiencing accelerated growth since the beginning of the year, expanding both its agent base and its coverage. With only 864 agents on January 1, it reached 1,500 agents in early August and now has 1,900 professionals across 41 markets in the U.S. and Canada – more specifically covering 41 states, the District of Columbia and Alberta, Canada. According to a company press release, the brokerage had 1,816 real estate professionals at the end of the third quarter, compared to 721 agents at the end of Q3 2015, marking an increase of over 151%. Earlier this month, it added its 1,900th agent.
This exponential growth rate is the direct results of eXp Realty’s unique business model. Unlike most competitors that concentrate their activity around a brick and mortar office, eXp’s commercial and residential brokerage relies heavily on cloud-based technologies and an advanced virtual reality platform to build an online community of real estate professionals. The platform allows for a wide range of operations, including agent training, lead generation, IT services, leadership meetings and more. Agents can meet in this virtual reality space to share experiences, exchange ideas with other agents, take online real estate classes and even play a game of virtual soccer.
In addition, the eXp Realty model is based on the idea that all agents should also have the possibility of being owners, so the brokerage offers its members access to lucrative revenue sharing programs and the opportunity to become shareholders based on their contributions to company growth. Since everything is done online, from the comfort of one’s home, agents can provide more efficient service and increase their profit with a lower risk, without having to worry about franchise and desk fees or similar expenses.
This system has allowed for a massive increase in the number of agents, but also for record revenue for eXp World Holdings in the first two quarters of the year, including more than $7 million in the first quarter and $13 million in the second. The financial figures for Q3 have not yet been released. According to eXp Realty CEO Jason Gesing, this growth rate shows that the company has become the brokerage of choice for agents and teams, as well as for brokerage owners that want to increase their profit. He also said his company was very happy with the quality of the real estate professionals who are joining the organization.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Tuesday, October 25, 2016
Medical Transcription Billing, Corp. (MTBC) (MTBCP) is Proving to be a HIT in Healthcare Information Technology
Medical practice has come a long way since the time when barber surgeons doctored to the masses. Physicians, in those early times, mostly attended to the wealthy. The ordinary man would have his blood let by the same tradesman who cut his hair. And although they had to earn a daily bread, no physician, presumably, took up the vocation because he considered it a business. Business enterprise was deemed vulgar and beneath one who took the Hippocratic Oath.
Today that stigma no longer stains commercial endeavor. The good medical practitioner can be a good businessperson as well. In fact, the modern Doctor of Medicine (MD), Doctor of Osteopathic Medicine (DO), Nurse Practitioner (NP) or Licensed Midwife (LM) must be. And the suite of Electronic Health Record (EHR), revenue cycle, transcription and data management applications from Medical Transcription Billing, Corp. (NASDAQ: MTBC) (NASDAQ: MTBCP) is helping those professionals be just that. In the healthcare information technology (HIT) market, the cloud-based business administration solutions from MTBC are proving to be quite a hit.
The healthcare landscape is rapidly changing. As in other industries, information technology is altering methodologies and holding out the promise to improve the quality of services while keeping costs down. The industry is under a mandate to move from a fee-for-service approach to a value-based reimbursement one. Under fee-for-service, providers are paid on volume: number of visits, number of tests, etc. With value-based reimbursement, other more sophisticated quality control metrics will be used.
To manage the data generated by these new performance measures requires wholesale adoption of new information technologies. In addition, there is an imperative for providers to move to electronic health record (EHR) systems. The Health Information Technology for Economic and Clinical Health (HITECH) Act, enacted as part of the American Recovery and Reinvestment Act of 2009, provides incentives and penalties to physicians and others to adopt EHRs. These two developments have given rise to a virtually new field of healthcare information technology.
The chief financial officer of MTBC, Bill Korn, discussed the implications of these forces for the company with The Wall Street Transcript (TWST) (http://dtn.fm/7dmHx) and the opportunities lying ahead. Korn, a graduate of Harvard College and Harvard Business School, has been with Medical Transcription Billing since June 2013. He was a co-founder of the IBM Consulting Group, now IBM Global Services, the creation of which marked IBM’s highly successful transition from hardware to services. Korn has been CFO of six other growing technology businesses.
He described MTBC’s business:
“MTBC is a health care IT company. Our clients are doctors’ practices. We typically work with smaller practices, meaning one- to 10-doctor practices, and we provide them with a variety of services. We do their billing, submitting all the claims to insurance, preparing and mailing statements to their patients, and giving them electronic health record software that allows them to record notes of the visit. We provide practice management software for the front office staff to schedule appointments, check insurance eligibility, send out automated reminder calls and text messages about flu shots, etc.”
In addition to these services, practitioners and patients have access to a suite of mobile applications, including apps that the doctors can use to refill prescriptions, apps that the patients can use to look up their records, set up appointments, request prescription refills and check in when they arrive at the practice. Doctors who do not want to type their notes into the EHR can dictate into an app on their iPhone or Android, which will be sent automatically to MTBC personnel, who will listen to it and type the notes into the electronic health record software.
MTBC’s main competitive advantage is its ability and track record to deliver these services effectively and at a cost far less than any competitor. Part of the reason for this, Korn pointed out, is that the company has bought or established a number of overseas subsidiaries, sourcing expertise and talent for much less than is obtainable in the U.S. MTBC’s two largest offices are in Pakistan ‘where we employ 1,500 people at salaries of approximately one-tenth what you would pay in the United States for similarly skilled and educated labor.’
MTBC had 2015 revenues of $23.1 million, an increase of 26 percent over 2014. Now Korn wants to make a quantum leap to $230 million. Can MTBC pull it off?
According to a MarketsandMarkets report (http://dtn.fm/XoA2B), the global healthcare IT market is expected to grow at a CAGR of 13.4 percent over the next five years, from $117.7 billion in 2015 to $228.8 billion in 2020. Getting just 0.1 percent of that pie five years down the road would certainly do it.
For more information, visit www.mtbc.com, and see the company’s fact sheet at http://ir.mtbc.com/events.cfm.
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Today that stigma no longer stains commercial endeavor. The good medical practitioner can be a good businessperson as well. In fact, the modern Doctor of Medicine (MD), Doctor of Osteopathic Medicine (DO), Nurse Practitioner (NP) or Licensed Midwife (LM) must be. And the suite of Electronic Health Record (EHR), revenue cycle, transcription and data management applications from Medical Transcription Billing, Corp. (NASDAQ: MTBC) (NASDAQ: MTBCP) is helping those professionals be just that. In the healthcare information technology (HIT) market, the cloud-based business administration solutions from MTBC are proving to be quite a hit.
The healthcare landscape is rapidly changing. As in other industries, information technology is altering methodologies and holding out the promise to improve the quality of services while keeping costs down. The industry is under a mandate to move from a fee-for-service approach to a value-based reimbursement one. Under fee-for-service, providers are paid on volume: number of visits, number of tests, etc. With value-based reimbursement, other more sophisticated quality control metrics will be used.
To manage the data generated by these new performance measures requires wholesale adoption of new information technologies. In addition, there is an imperative for providers to move to electronic health record (EHR) systems. The Health Information Technology for Economic and Clinical Health (HITECH) Act, enacted as part of the American Recovery and Reinvestment Act of 2009, provides incentives and penalties to physicians and others to adopt EHRs. These two developments have given rise to a virtually new field of healthcare information technology.
The chief financial officer of MTBC, Bill Korn, discussed the implications of these forces for the company with The Wall Street Transcript (TWST) (http://dtn.fm/7dmHx) and the opportunities lying ahead. Korn, a graduate of Harvard College and Harvard Business School, has been with Medical Transcription Billing since June 2013. He was a co-founder of the IBM Consulting Group, now IBM Global Services, the creation of which marked IBM’s highly successful transition from hardware to services. Korn has been CFO of six other growing technology businesses.
He described MTBC’s business:
“MTBC is a health care IT company. Our clients are doctors’ practices. We typically work with smaller practices, meaning one- to 10-doctor practices, and we provide them with a variety of services. We do their billing, submitting all the claims to insurance, preparing and mailing statements to their patients, and giving them electronic health record software that allows them to record notes of the visit. We provide practice management software for the front office staff to schedule appointments, check insurance eligibility, send out automated reminder calls and text messages about flu shots, etc.”
In addition to these services, practitioners and patients have access to a suite of mobile applications, including apps that the doctors can use to refill prescriptions, apps that the patients can use to look up their records, set up appointments, request prescription refills and check in when they arrive at the practice. Doctors who do not want to type their notes into the EHR can dictate into an app on their iPhone or Android, which will be sent automatically to MTBC personnel, who will listen to it and type the notes into the electronic health record software.
MTBC’s main competitive advantage is its ability and track record to deliver these services effectively and at a cost far less than any competitor. Part of the reason for this, Korn pointed out, is that the company has bought or established a number of overseas subsidiaries, sourcing expertise and talent for much less than is obtainable in the U.S. MTBC’s two largest offices are in Pakistan ‘where we employ 1,500 people at salaries of approximately one-tenth what you would pay in the United States for similarly skilled and educated labor.’
MTBC had 2015 revenues of $23.1 million, an increase of 26 percent over 2014. Now Korn wants to make a quantum leap to $230 million. Can MTBC pull it off?
According to a MarketsandMarkets report (http://dtn.fm/XoA2B), the global healthcare IT market is expected to grow at a CAGR of 13.4 percent over the next five years, from $117.7 billion in 2015 to $228.8 billion in 2020. Getting just 0.1 percent of that pie five years down the road would certainly do it.
For more information, visit www.mtbc.com, and see the company’s fact sheet at http://ir.mtbc.com/events.cfm.
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
eXp World Holdings, Inc. (EXPI) Announces Addition of Darren James Real Estate Team to eXp Realty
Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI), through eXp Realty, announced the latest addition to its Agent-Owned Cloud Brokerage® – Darren James of Darren James Real Estate Experts in Baton Rouge, Louisiana. In his 15 years operating in the real estate industry, James has earned a number of noteworthy honors, including being named the number one REALTOR® in the Gulf States region for total individual production in both 2014 and 2015. His brokerage has recorded similar success, with the Darren James Real Estate Experts team having been ranked just outside the top 50 in terms of transactions by the Wall Street Journal in 2015.
“The eXp Realty business model is more progressive and agent-centric than any I’ve seen in my 15 years in this business,” James noted in this morning’s news release. “This is a tremendous opportunity, not just for me and for my family, but for all of the agents who have been great and loyal contributors to my success.”
James will be officially introduced to the eXp Realty community during this week’s leadership meeting, which can be viewed on the company’s YouTube channel (http://dtn.fm/mg5PA) on Friday at 11:00 am ET.
eXp Realty has been in a period of rapid growth for much of 2016, and it continues to attract leading real estate professionals from across North America with its aggressive revenue sharing program and collaborative, cloud-based resources. Earlier this month, the company announced that its family of agents and brokers had grown to include more than 1,900 members across 41 markets in the United States and Canada, representing an increase of roughly 120 percent from the beginning of this year. EXPI aims to build on this growth throughout the balance of 2016, expanding beyond 2,200 agents by year end.
“Increasingly, eXp Realty is the destination for top producing teams and for brokerage owners looking to increase profitability, achieve scalable growth across markets, and deliver the opportunity of ownership to their valued agents and team members,” Jason Gesing, chief executive officer of eXp Realty, stated in this morning’s news release. “As a company, we are committed to offering a value proposition that is so strong that it would be professionally irresponsible for an agent to affiliate with any other brokerage.”
The announcement that Darren James and his real estate team have joined the Agent-Owned Cloud Brokerage® comes on the heels of two similar announcements over the past two weeks. On October 14, the company announced the addition of Miguel Herrera, the top international luxury agent in all of South Texas, to the eXp team. EXPI followed up on this announcement on October 17 when Sacramento’s Brent Gove team, one of the top real estate teams in California, joined the growing brokerage company. The opportunity for agents and brokers to become owners through eXp Realty’s innovative business model is proving enticing for top real estate professionals from a number of markets.
“The eXp Realty business model is the strongest in the industry,” Herrera noted in a recent news release. “This is the future of real estate and I want to be a part of it.”
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
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OurPet’s Company (OPCO) Achieves Record Results for Third Quarter 2016
Before the opening bell, OurPet’s Company (OTCQX: OPCO) reported record revenue of $7.26 million for the fiscal quarter ended September 30, 2016, marking a year-over-year increase of 21 percent. The company’s net income for the three-month period of $495,669, or $0.025 per share, was also up 21 percent from the previous year. All told, when discounting the effects of a one-time U.S. Custom exam refund of $94,000 that was received during the third quarter of 2015, OPCO’s adjusted net income grew by a staggering 57 percent between the third quarters of 2015 and 2016. Dr. Steven Tsengas, president and chief executive officer of OurPet’s Company, reiterated the strong results in this morning’s update.
“With the resumption of shipments to our major specialty pet retail customer, we were firing on all cylinders this past quarter,” he stated. “With the strong third-quarter sales, we are up almost 10% for the nine months of 2016, more than double the pet industry average.”
To view OurPet’s Company’s full third quarter results, visit http://dtn.fm/WxAE3
Over the years, OurPet’s Company has established a position in the growing global pet products industry through a commitment to quality and innovation, and this dedication played a key role in the company’s third quarter growth. Leveraging a sizable intellectual property portfolio that includes more than 170 patents in either issued or pending status, OPCO recently commenced initial shipments of both its environmentally-friendly Switchgrass Natural Cat Litter™ with BioChar (http://dtn.fm/SeMk8) and its technology-powered Intelligent Pet Care™ product line (http://dtn.fm/jPs9U). Based upon the early market acceptance of these innovations and initial sales bookings for the month of October, OPCO’s management team is currently “guardedly optimistic” about the company’s prospects for sustained growth in the fourth quarter of 2016 and beyond.
“Beyond 2016, our strategy is to achieve double-digit growth in sales and net income with an emphasis on developing and launching proprietary, innovative products and entering appropriate new market segments,” continued Tsengas.
Central to these development efforts is a newly-announced partnership with Paulee Cleantec Ltd., an international leader in eco-friendly solutions for the management of human and animal waste. Through this partnership, the two companies will seek to jointly develop and commercialize a portable solution to the growing environmental concerns associated with improperly managed pet waste. Paulee Cleantec has already developed a powerful proof-of-concept waste system that uses an exothermic oxidation process to “convert animal feces into an odor-free ash fertilizer in less than a minute.”
“In addition, we recently completed contracts with a leading direct TV (DRTV) marketing company to test market several of our new electronic interactive cat toys for a possible DRTV campaign to launch sometime in the second quarter of 2017,” added Tsengas. “We have many ‘irons in the fire’ and are very excited about the future.”
For more information, visit the company’s website at www.OurPets.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
“With the resumption of shipments to our major specialty pet retail customer, we were firing on all cylinders this past quarter,” he stated. “With the strong third-quarter sales, we are up almost 10% for the nine months of 2016, more than double the pet industry average.”
To view OurPet’s Company’s full third quarter results, visit http://dtn.fm/WxAE3
Over the years, OurPet’s Company has established a position in the growing global pet products industry through a commitment to quality and innovation, and this dedication played a key role in the company’s third quarter growth. Leveraging a sizable intellectual property portfolio that includes more than 170 patents in either issued or pending status, OPCO recently commenced initial shipments of both its environmentally-friendly Switchgrass Natural Cat Litter™ with BioChar (http://dtn.fm/SeMk8) and its technology-powered Intelligent Pet Care™ product line (http://dtn.fm/jPs9U). Based upon the early market acceptance of these innovations and initial sales bookings for the month of October, OPCO’s management team is currently “guardedly optimistic” about the company’s prospects for sustained growth in the fourth quarter of 2016 and beyond.
“Beyond 2016, our strategy is to achieve double-digit growth in sales and net income with an emphasis on developing and launching proprietary, innovative products and entering appropriate new market segments,” continued Tsengas.
Central to these development efforts is a newly-announced partnership with Paulee Cleantec Ltd., an international leader in eco-friendly solutions for the management of human and animal waste. Through this partnership, the two companies will seek to jointly develop and commercialize a portable solution to the growing environmental concerns associated with improperly managed pet waste. Paulee Cleantec has already developed a powerful proof-of-concept waste system that uses an exothermic oxidation process to “convert animal feces into an odor-free ash fertilizer in less than a minute.”
“In addition, we recently completed contracts with a leading direct TV (DRTV) marketing company to test market several of our new electronic interactive cat toys for a possible DRTV campaign to launch sometime in the second quarter of 2017,” added Tsengas. “We have many ‘irons in the fire’ and are very excited about the future.”
For more information, visit the company’s website at www.OurPets.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Monday, October 24, 2016
Medical Transcription Billing (MTBC) Expects Significant Revenue Growth after MediGain Acquisition, Expands Team
Leading healthcare information technology provider Medical Transcription Billing, Corp. (NASDAQ: MTBC; MTBCP) this month completed its acquisition of medical billing company MediGain in a move widely expected to significantly boost its overall revenue in 2017 and offer improved services to its now enhanced customer base. According to Medical Transcription Billing Chief Financial Officer Bill Korn, the $7 million acquisition of Texas-based MediGain, LLC and its New Jersey subsidiary Millennium Practice Management, LLC, is the largest acquisition in the history of his company.
Medical Transcription Billing has made an initial payment of $2 million for the MediGain assets and will pay an additional $5 million in early 2017. This is a significant discount compared to the industry norm of greater than one times revenue, Korn explained. For organic growth, one of the largest IT companies in the healthcare industry, athenahealth (NASDAQ: ATHN), spent roughly $230 million on sales and marketing last year, with a revenue growth of $172 million, so MTBC paid less than others might spend to grow the business organically.
The deal marks a major corporate milestone for MTBC and shows the power of its acquisition-based growth strategy, Korn said. He added that the revenue cycle management customer accounts and other assets acquired from MediGain have annual revenues of more than $10 million, which is expected to contribute significantly to Medical Transcription Billing’s revenue growth in 2017. In turn, the company expects to greatly improve its operations and services as a direct result of this revenue growth, which will most likely push MTBC further up the list of top providers of technological solutions to the healthcare industry, alongside companies such as athenahealth. In addition, the profits resulting from the MediGain acquisition are expected to exceed the company’s capital costs, so the transaction should be accretive to the shareholders next year.
Another direct result of the MediGain acquisition is the expansion of Medical Transcription Billing’s team. The acquisition enabled the company to add many new members to its North America team and expand its team in Asia to additional countries such as India and Sri Lanka, where there is a highly-qualified and cost effective medical billing workforce. In Sri Lanka, for instance, MTBC now has the largest team of healthcare technology professionals in the country. Also part of the acquisition, MediGain’s former chief operating officer, Gary Smith, will now lead MediGain Practice Management.
As it integrates MediGain and the new revenue cycle management customer accounts, Medical Transcription Billing will continue to leverage its proprietary technology and global team of professionals to improve operations and provide world-class service to all its clients. The company is already serving a wide range of healthcare entities and customers, from individual physicians to medium size medical practices, and has partnered with various healthcare organizations to expand its reach nationwide and globally.
For the Seeking Alpha article on MTBC’s Acquisition of MediGain, visit http://dtn.fm/Nb3Uj, and see http://dtn.fm/b3BMx for additional articles relating to MTBC.
For more information, visit www.MTBC.com
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Medical Transcription Billing has made an initial payment of $2 million for the MediGain assets and will pay an additional $5 million in early 2017. This is a significant discount compared to the industry norm of greater than one times revenue, Korn explained. For organic growth, one of the largest IT companies in the healthcare industry, athenahealth (NASDAQ: ATHN), spent roughly $230 million on sales and marketing last year, with a revenue growth of $172 million, so MTBC paid less than others might spend to grow the business organically.
The deal marks a major corporate milestone for MTBC and shows the power of its acquisition-based growth strategy, Korn said. He added that the revenue cycle management customer accounts and other assets acquired from MediGain have annual revenues of more than $10 million, which is expected to contribute significantly to Medical Transcription Billing’s revenue growth in 2017. In turn, the company expects to greatly improve its operations and services as a direct result of this revenue growth, which will most likely push MTBC further up the list of top providers of technological solutions to the healthcare industry, alongside companies such as athenahealth. In addition, the profits resulting from the MediGain acquisition are expected to exceed the company’s capital costs, so the transaction should be accretive to the shareholders next year.
Another direct result of the MediGain acquisition is the expansion of Medical Transcription Billing’s team. The acquisition enabled the company to add many new members to its North America team and expand its team in Asia to additional countries such as India and Sri Lanka, where there is a highly-qualified and cost effective medical billing workforce. In Sri Lanka, for instance, MTBC now has the largest team of healthcare technology professionals in the country. Also part of the acquisition, MediGain’s former chief operating officer, Gary Smith, will now lead MediGain Practice Management.
As it integrates MediGain and the new revenue cycle management customer accounts, Medical Transcription Billing will continue to leverage its proprietary technology and global team of professionals to improve operations and provide world-class service to all its clients. The company is already serving a wide range of healthcare entities and customers, from individual physicians to medium size medical practices, and has partnered with various healthcare organizations to expand its reach nationwide and globally.
For the Seeking Alpha article on MTBC’s Acquisition of MediGain, visit http://dtn.fm/Nb3Uj, and see http://dtn.fm/b3BMx for additional articles relating to MTBC.
For more information, visit www.MTBC.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Thursday, October 20, 2016
ContraVir Pharmaceuticals, Inc. (CTRV) Set to Shake Up HBV Therapy Market with Combination Therapy Based on CMX157 & CRV431
A constant theme that comes up in and often dominates the leading edge of the biopharma sector is the building of better mousetraps. This is certainly the case for New Jersey-based biopharma developer ContraVir Pharmaceuticals (NASDAQ: CTRV), whose phase 2a clinical antiviral candidate CMX157 (http://dtn.fm/sQXh9) is knocking loudly on the door of Gilead Sciences’ (NASDAQ: GILD) Viread® (TDF, or tenofovir disoproxil fumarate) in chronic hepatitis B virus (HBV).
Coming out of the box strong after notably successful phase 1 safety and efficacy trials, ContraVir was quite proud to recently announce (http://dtn.fm/8NxXL) that the ongoing head-to-head phase 2a (multiple ascending dose) clinical study of its highly potent prodrug of tenofovir (TFV), CMX157, is showing serious potential versus Viread. With data points like a 99 percent reduction in viral load (http://dtn.fm/vtJ59) among patients orally dosed with 25 mg of CMX157, compared to a 300 mg TDF dose, the company is obviously excited about CMX157’s ability to deliver significant viral load reduction safely, at a much lower dose. Delimiting systemic/liver toxicity issues has long been the industry brass ring, and it now looks like that goal is considerably within CTRV’s striking distance.
ContraVir sees CMX157 as the backbone of a rapidly emerging combination therapy approach to HBV, where the liver-targeting capabilities of its prodrug candidate help to reduce impact to other tissue systems. There are a list of significant potential advantages for CMX157 over something like Viread at the point of sale, and ContraVir is bucking hard to not only cure HBV, but slice off an ever larger piece of the global HBV therapeutics market, a market that is on track to do a modest 2.4% CAGR through 2024, when it will reach upwards of $3 billion (http://dtn.fm/Y6Qux). The enhanced bioavailability of CMX157’s novel structure compared to existing indications (which also helps deal with liver damage by reducing the indication’s overall circulatory footprint), is now starting to really come to light through the latest clinical results.
Early on, when the company began touting CMX157’s ability to exploit natural lipid uptake mechanisms, and how this candidate showed in vitro HBV aggression 97 times greater than TFV during its phase 1 days, investors should’ve been paying closer attention. The data from this latest clinical work is consistent with extant data stretching back to preclinical work on CMX157, and with around 786,000 people dying worldwide each year (http://dtn.fm/0dQoF) (mostly due to HBV-related liver disease like cirrhosis and liver cancer) from HBV, ContraVir’s work has become a hot topic. CMX157 has previously been found to be well tolerated at dosages up to 100 mg, so the fact that this stuff is basically doing Viread numbers at 25 mg already spells big things for the ongoing dose escalation work being conducted by CTRV.
CMX157 is just the tip of the proverbial iceberg that is ContraVir’s growing pipeline of candidates, a pipeline which includes an impressive next-gen cyclophilin inhibitor with enhanced potency and selectivity, known as CRV431 (http://dtn.fm/5pmBl). With IND-enabling study work in the offing and a target sometime next year for CRV431 clinical trials, CTRV is really shaping up to be one of the leading alternative HBV therapy developers. CRV431’s ability to attack the life cycle of HBV at numerous points along the arc is a key advantage, and that combination therapy strategy the company keeps pushing really starts to make sense when you take a closer look at the potential advantages of CRV431.
These advantages include a sharp reduction in HBV DNA (in vivo), without toxicity, meaning that liver fibrosis can be hugely downgraded as a complication. Pair that up with a demonstrated ability to actually block entry for HBV into liver cells, and it is little wonder that ContraVir is looking to the horizon for a combination approach with CMX157 as the situation commander, and ancillary indications like best-in-class potency CRV431 on street-sweeper detail. Talk about laying down cover fire: CRV431 is anticipated to be effective against all HBV genotypes, offers broad-spectrum blockage of a large portion of specific HBV protein interaction with host cell cyclophilins, and provides a clearly complementary method of action for CMX157.
In short, the company has both the vision and the technology to deliver on a promise to HBV patients that first became apparent with the emergence of what is now basically a lifetime cure for hepatitis C. The HBV field has been driving hard toward this goal, inspired by what has been done in hepatitis C, and it now appears that New Jersey’s own CTRV could be the one to run this ball into the end zone. Moreover, it was very encouraging to investors to see how the New Jersey Economic Development Authority’s highly competitive Technology Business Tax Certificate Transfer Program (which allows New Jersey-based companies to sell R&D tax credits or net operating losses for up to 80 percent of value), provided $1.8 million in non-dilutive funding (http://dtn.fm/ZiI0h) for CTRV, which has been instrumental for this homegrown biopharma success story to put the pedal to the metal on its HBV pipeline.
Hepatitis B is most prevalent in the regions of sub-Saharan Africa and East Asia, where as much as 10 percent of the population in certain areas is chronically infected. Globally, the number of infected ranges upwards of the CDC/WHO official figure of 240 million, and with as many as 2.2 million chronic hepatitis B cases in the U.S. alone, CTRV’s technology could mean that the company is sitting on a potential goldmine, a goldmine that could provide a beacon of hope for millions.
The broader therapeutics market for liver diseases was around $7.5 billion in 2014, and a recent report published by Grand View Research sees the antiviral segment as the most promising, with 8.9 percent growth anticipated through 2022 (http://dtn.fm/sLM3O). The overall liver disease therapy market is on track to surpass $12 billion during that same interval, with the Asia Pacific region expected to do a CAGR similar to the antiviral segment, running around 8.8 percent. There is a huge external market for CTRV, and the possibilities of pipeline commercialization are indeed tantalizing.
Many investors are already talking about how instrumental the addition of biotech veteran Thomas H. Adams, Ph.D., to the CTRV Board back in September has been with regard to all of this, by the way. After all, this is the guy who founded antisense biotech innovator Genta, as well as Gen-Probe, which was acquired by the same Chugai Pharmaceutical (http://dtn.fm/50p7O) that later ended up in a strategic alliance with biopharma juggernaut Roche (OTC: RHHBY). Even without addressing the company’s pivotal phase 3 trial of its FV-100 indication, engineered to reduce incident rates and severity of shingles (herpes zoster), as well as the severe post-herpetic neuralgia (PHN) pain associated with shingles – CTRV is the kind of near-commercialization contender that many biopharma investors dream of.
The market for FV-100 shows a lot of upside potential, in particular, due to a rapidly accumulating adult population across developed countries. In the U.S., the number of persons 65 years and older is projected to go from just 14.5 percent of the overall population two years ago, to 21.7 percent or more of total population by 2040 (http://dtn.fm/S874v). FV-100 has demonstrated safety and efficacy with clinically meaningful reduction in PHN rates versus GlaxoSmithKline’s (NYSE: GSK) Valtrex® (valacyclovir).
With as much as 10 percent fewer of 350 patients treated with FV-100 requiring some form of narcotics for pain control, this fast-acting, low-dose, once-daily, oral antiviral could really become one of CTRV’s money makers. PHN is the most common/clinically relevant complication with shingles, and FV-100’s pivotal phase 3 trial could spell much needed relief, especially for elderly patients who already have trouble sleeping, or who suffer from other quality of life-diminishing problems associated with shingles.
There is a lot to like about ContraVir, take a closer look by visiting www.Contravir.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Coming out of the box strong after notably successful phase 1 safety and efficacy trials, ContraVir was quite proud to recently announce (http://dtn.fm/8NxXL) that the ongoing head-to-head phase 2a (multiple ascending dose) clinical study of its highly potent prodrug of tenofovir (TFV), CMX157, is showing serious potential versus Viread. With data points like a 99 percent reduction in viral load (http://dtn.fm/vtJ59) among patients orally dosed with 25 mg of CMX157, compared to a 300 mg TDF dose, the company is obviously excited about CMX157’s ability to deliver significant viral load reduction safely, at a much lower dose. Delimiting systemic/liver toxicity issues has long been the industry brass ring, and it now looks like that goal is considerably within CTRV’s striking distance.
ContraVir sees CMX157 as the backbone of a rapidly emerging combination therapy approach to HBV, where the liver-targeting capabilities of its prodrug candidate help to reduce impact to other tissue systems. There are a list of significant potential advantages for CMX157 over something like Viread at the point of sale, and ContraVir is bucking hard to not only cure HBV, but slice off an ever larger piece of the global HBV therapeutics market, a market that is on track to do a modest 2.4% CAGR through 2024, when it will reach upwards of $3 billion (http://dtn.fm/Y6Qux). The enhanced bioavailability of CMX157’s novel structure compared to existing indications (which also helps deal with liver damage by reducing the indication’s overall circulatory footprint), is now starting to really come to light through the latest clinical results.
Early on, when the company began touting CMX157’s ability to exploit natural lipid uptake mechanisms, and how this candidate showed in vitro HBV aggression 97 times greater than TFV during its phase 1 days, investors should’ve been paying closer attention. The data from this latest clinical work is consistent with extant data stretching back to preclinical work on CMX157, and with around 786,000 people dying worldwide each year (http://dtn.fm/0dQoF) (mostly due to HBV-related liver disease like cirrhosis and liver cancer) from HBV, ContraVir’s work has become a hot topic. CMX157 has previously been found to be well tolerated at dosages up to 100 mg, so the fact that this stuff is basically doing Viread numbers at 25 mg already spells big things for the ongoing dose escalation work being conducted by CTRV.
CMX157 is just the tip of the proverbial iceberg that is ContraVir’s growing pipeline of candidates, a pipeline which includes an impressive next-gen cyclophilin inhibitor with enhanced potency and selectivity, known as CRV431 (http://dtn.fm/5pmBl). With IND-enabling study work in the offing and a target sometime next year for CRV431 clinical trials, CTRV is really shaping up to be one of the leading alternative HBV therapy developers. CRV431’s ability to attack the life cycle of HBV at numerous points along the arc is a key advantage, and that combination therapy strategy the company keeps pushing really starts to make sense when you take a closer look at the potential advantages of CRV431.
These advantages include a sharp reduction in HBV DNA (in vivo), without toxicity, meaning that liver fibrosis can be hugely downgraded as a complication. Pair that up with a demonstrated ability to actually block entry for HBV into liver cells, and it is little wonder that ContraVir is looking to the horizon for a combination approach with CMX157 as the situation commander, and ancillary indications like best-in-class potency CRV431 on street-sweeper detail. Talk about laying down cover fire: CRV431 is anticipated to be effective against all HBV genotypes, offers broad-spectrum blockage of a large portion of specific HBV protein interaction with host cell cyclophilins, and provides a clearly complementary method of action for CMX157.
In short, the company has both the vision and the technology to deliver on a promise to HBV patients that first became apparent with the emergence of what is now basically a lifetime cure for hepatitis C. The HBV field has been driving hard toward this goal, inspired by what has been done in hepatitis C, and it now appears that New Jersey’s own CTRV could be the one to run this ball into the end zone. Moreover, it was very encouraging to investors to see how the New Jersey Economic Development Authority’s highly competitive Technology Business Tax Certificate Transfer Program (which allows New Jersey-based companies to sell R&D tax credits or net operating losses for up to 80 percent of value), provided $1.8 million in non-dilutive funding (http://dtn.fm/ZiI0h) for CTRV, which has been instrumental for this homegrown biopharma success story to put the pedal to the metal on its HBV pipeline.
Hepatitis B is most prevalent in the regions of sub-Saharan Africa and East Asia, where as much as 10 percent of the population in certain areas is chronically infected. Globally, the number of infected ranges upwards of the CDC/WHO official figure of 240 million, and with as many as 2.2 million chronic hepatitis B cases in the U.S. alone, CTRV’s technology could mean that the company is sitting on a potential goldmine, a goldmine that could provide a beacon of hope for millions.
The broader therapeutics market for liver diseases was around $7.5 billion in 2014, and a recent report published by Grand View Research sees the antiviral segment as the most promising, with 8.9 percent growth anticipated through 2022 (http://dtn.fm/sLM3O). The overall liver disease therapy market is on track to surpass $12 billion during that same interval, with the Asia Pacific region expected to do a CAGR similar to the antiviral segment, running around 8.8 percent. There is a huge external market for CTRV, and the possibilities of pipeline commercialization are indeed tantalizing.
Many investors are already talking about how instrumental the addition of biotech veteran Thomas H. Adams, Ph.D., to the CTRV Board back in September has been with regard to all of this, by the way. After all, this is the guy who founded antisense biotech innovator Genta, as well as Gen-Probe, which was acquired by the same Chugai Pharmaceutical (http://dtn.fm/50p7O) that later ended up in a strategic alliance with biopharma juggernaut Roche (OTC: RHHBY). Even without addressing the company’s pivotal phase 3 trial of its FV-100 indication, engineered to reduce incident rates and severity of shingles (herpes zoster), as well as the severe post-herpetic neuralgia (PHN) pain associated with shingles – CTRV is the kind of near-commercialization contender that many biopharma investors dream of.
The market for FV-100 shows a lot of upside potential, in particular, due to a rapidly accumulating adult population across developed countries. In the U.S., the number of persons 65 years and older is projected to go from just 14.5 percent of the overall population two years ago, to 21.7 percent or more of total population by 2040 (http://dtn.fm/S874v). FV-100 has demonstrated safety and efficacy with clinically meaningful reduction in PHN rates versus GlaxoSmithKline’s (NYSE: GSK) Valtrex® (valacyclovir).
With as much as 10 percent fewer of 350 patients treated with FV-100 requiring some form of narcotics for pain control, this fast-acting, low-dose, once-daily, oral antiviral could really become one of CTRV’s money makers. PHN is the most common/clinically relevant complication with shingles, and FV-100’s pivotal phase 3 trial could spell much needed relief, especially for elderly patients who already have trouble sleeping, or who suffer from other quality of life-diminishing problems associated with shingles.
There is a lot to like about ContraVir, take a closer look by visiting www.Contravir.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Net Element, Inc. (NETE) Offering Specialized Payment Processing, Data Analytics for Retail Industry
As a global technology group specialized in mobile payments and other transactional services, Net Element, Inc. (NASDAQ: NETE) offers a wide range of next-generation point of sale, online or mobile payment solutions, as well as access to intelligent data analytics, business management, and related services. Via its subsidiary, Unified Payments, the group is targeting the retail market in particular by providing merchants with a unique suite of business solutions ranging from payment processing to fraud detection and more.
Ranked #1 by Inc. 500 Magazine, Unified Payments (http://dtn.fm/YP6dN) was the fastest growing in America in 2012 and has been growing and developing at a steady pace ever since then through its customized, award-winning payment solutions for small and medium-sized enterprises. Now a leading provider of bankcard payment processing services in the United States, Unified Payments enables merchants to accept cashless transactions by providing them with a variety of point-of-sale hardware and software solutions, from card readers, transaction processing and fraud detection to business management services, including risk management, merchant business analytics and 24/7 merchant assistance.
Unified Payments allows its merchant customers to accept a wide range of payment options, such as Visa® (NYSE: V), AMEX® (NYSE: AXP), MasterCard® (NYSE: MA), Discover® (NYSE: DFS), gift cards, debit cards and Apple Pay® (NASDAQ: AAPL), with a variety of state-of-the-art point-of-sale solutions and terminals with Near Field Communications (NFC) capability that are also EMV complaint. The company also offers a loyalty card and free gift program to help merchants drive sales, engage customers and increase their loyalty via personalized incentives.
One of the most innovative services in the company’s roster is Unified Payments Insights – essentially an online business dashboard for its merchant customers that offers them a comprehensive view of their businesses. This proprietary analytics platform provides a powerful suite of information never available to small and medium-sized merchants before. With Unified Payments Insights, merchants can access various reports and analytics data to help them evaluate and understand their business’s performance, address any possible issues and eventually increase their sales and revenue.
The platform offers merchants the possibility of comparing their current online reputation, revenue or social media activity to their past performance or to other similar businesses. Users can also check their local revenue rank, monitor their closest competitors and assess the impact various factors have on their revenue, such as bad weather or how active they are on social media. They can also see and keep track of customer reviews on various platforms including Twitter (NYSE: TWTR), Facebook (NASDAQ: FB), OpenTable (NASDAQ: PCLN), TripAdvisor (NASDAQ: TRIP), Yelp (NYSE: YELP), Foursquare and others, all of them gathered in a single feed right on their dashboard.
Unified Payments is just one of the several payment processing solutions Net Element offers. Under the umbrella of global mobile payments and transactional processing provider TOT Group, Inc., the company also operates PayOnline – a fully integrated electronic commerce platform, Aptito – a next generation cloud-based point-of-sale payment platform, Restoactive – a digital add-ons provider for legacy point-of-sale systems in the hospitality industry, Digital Provider – a provider of mobile and SMS billing solutions, and more.
For more information, visit www.NetElement.com
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Ranked #1 by Inc. 500 Magazine, Unified Payments (http://dtn.fm/YP6dN) was the fastest growing in America in 2012 and has been growing and developing at a steady pace ever since then through its customized, award-winning payment solutions for small and medium-sized enterprises. Now a leading provider of bankcard payment processing services in the United States, Unified Payments enables merchants to accept cashless transactions by providing them with a variety of point-of-sale hardware and software solutions, from card readers, transaction processing and fraud detection to business management services, including risk management, merchant business analytics and 24/7 merchant assistance.
Unified Payments allows its merchant customers to accept a wide range of payment options, such as Visa® (NYSE: V), AMEX® (NYSE: AXP), MasterCard® (NYSE: MA), Discover® (NYSE: DFS), gift cards, debit cards and Apple Pay® (NASDAQ: AAPL), with a variety of state-of-the-art point-of-sale solutions and terminals with Near Field Communications (NFC) capability that are also EMV complaint. The company also offers a loyalty card and free gift program to help merchants drive sales, engage customers and increase their loyalty via personalized incentives.
One of the most innovative services in the company’s roster is Unified Payments Insights – essentially an online business dashboard for its merchant customers that offers them a comprehensive view of their businesses. This proprietary analytics platform provides a powerful suite of information never available to small and medium-sized merchants before. With Unified Payments Insights, merchants can access various reports and analytics data to help them evaluate and understand their business’s performance, address any possible issues and eventually increase their sales and revenue.
The platform offers merchants the possibility of comparing their current online reputation, revenue or social media activity to their past performance or to other similar businesses. Users can also check their local revenue rank, monitor their closest competitors and assess the impact various factors have on their revenue, such as bad weather or how active they are on social media. They can also see and keep track of customer reviews on various platforms including Twitter (NYSE: TWTR), Facebook (NASDAQ: FB), OpenTable (NASDAQ: PCLN), TripAdvisor (NASDAQ: TRIP), Yelp (NYSE: YELP), Foursquare and others, all of them gathered in a single feed right on their dashboard.
Unified Payments is just one of the several payment processing solutions Net Element offers. Under the umbrella of global mobile payments and transactional processing provider TOT Group, Inc., the company also operates PayOnline – a fully integrated electronic commerce platform, Aptito – a next generation cloud-based point-of-sale payment platform, Restoactive – a digital add-ons provider for legacy point-of-sale systems in the hospitality industry, Digital Provider – a provider of mobile and SMS billing solutions, and more.
For more information, visit www.NetElement.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Medical Transcription Billing, Corp. (MTBC) CFO Featured in Exclusive NetworkNewsWire Interview
Before the opening bell, NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that delivers a new generation of communication solutions for business, announced the online availability of an interview with Bill Korn, chief financial officer of Medical Transcription Billing, Corp. (NASDAQ: MTBC; MTBCP). During the interview, Korn joined NNW’s Stuart Smith to discuss MTBC’s operations, recent achievements and the company’s ongoing execution of an acquisition-based growth strategy in order to maintain a competitive edge in the sizable healthcare IT market.
“MTBC has two cores strengths that distinguish us from most of the 1,500 other healthcare IT companies,” Korn explained in the interview. “We have an integrated cloud-based technology platform, which we developed in-house, and we have wholly owned offshore subsidiaries with 1,600 employees in four countries, with labor costs that average about 10% of the labor costs in the U.S. This allows us to provide services which are labor intensive even though we use our technology, and we can deliver these services much less expensively than our customers or competitors can provide them.”
To hear the full interview, visit http://nnw.fm/mtbc-interview-oct-2016
Thus far in 2016, MTBC has successfully achieved a number of milestones. The company has recorded three quarters of positive EBITDA since its IPO in 2014; raised $7.5 million of non-convertible stock on the NASDAQ; and, earlier this month, closed on the acquisition of MediGain, LLC and its Millennium Practice Management, LLC affiliate, marking MTBC’s largest acquisition to-date. The MediGain acquisition was not only completed at “a significant discount as compared to the industry norm,” according to Korn, it is also expected to play a major role in MTBC’s efforts to promote financial growth in the coming months, with the company’s CFO predicting that the acquisition “should be accretive to… shareholders in 2017.”
“We believe that our newly acquired business will contribute to our positive adjusted EBITDA by the first quarter of 2017,” Korn concluded. “By growing our overall revenue greatly through this acquisition, MTBC expects to generate significant operating leverage.”
For more information, visit www.MTBC.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
“MTBC has two cores strengths that distinguish us from most of the 1,500 other healthcare IT companies,” Korn explained in the interview. “We have an integrated cloud-based technology platform, which we developed in-house, and we have wholly owned offshore subsidiaries with 1,600 employees in four countries, with labor costs that average about 10% of the labor costs in the U.S. This allows us to provide services which are labor intensive even though we use our technology, and we can deliver these services much less expensively than our customers or competitors can provide them.”
To hear the full interview, visit http://nnw.fm/mtbc-interview-oct-2016
Thus far in 2016, MTBC has successfully achieved a number of milestones. The company has recorded three quarters of positive EBITDA since its IPO in 2014; raised $7.5 million of non-convertible stock on the NASDAQ; and, earlier this month, closed on the acquisition of MediGain, LLC and its Millennium Practice Management, LLC affiliate, marking MTBC’s largest acquisition to-date. The MediGain acquisition was not only completed at “a significant discount as compared to the industry norm,” according to Korn, it is also expected to play a major role in MTBC’s efforts to promote financial growth in the coming months, with the company’s CFO predicting that the acquisition “should be accretive to… shareholders in 2017.”
“We believe that our newly acquired business will contribute to our positive adjusted EBITDA by the first quarter of 2017,” Korn concluded. “By growing our overall revenue greatly through this acquisition, MTBC expects to generate significant operating leverage.”
For more information, visit www.MTBC.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Monaker Group (MKGI) Helping Consumers Seeking a Rapid and Personalized Travel Planning Experience
According to PSFK’s founder and editor-in-chief, Piers Fawkes (http://dtn.fm/Z7pRQ), “Travelers today are looking for an intuitive, rapid and personalized experience. They understand the trail of contextual data that surrounds them and they expect the smartest travel brands to leverage those data to serve them appropriately.” This is made more obvious by the fact that smaller companies are struggling to fully capitalize on the increasingly connected world we live in.
With Americans spending approximately $814 billion on domestic travel in 2015, according to the U.S. Travel Association (http://dtn.fm/52hVA), it is no wonder they are also investing a lot of time in planning these trips. But with advancements in technology, consumers are looking for a more unique and personalized but also more rapid travel planning experience.
CEO of the online fare aggregator Kayak, Steve Hafner, believes technologies are now changing how travelers book their holidays, saying that customers’ booking experiences will be less point-and-click websites, and more spoken word and chat bots. In an interview with CNBC’s On The Money (http://dtn.fm/uyN4x), he stated, “What we’re seeing is there’s a whole generation of people who are more familiar with text messaging and voice via Siri who are looking for a different interaction with an online travel agency.” Consumers have a need for more rapid, personalized, and mobile booking experiences, requiring companies to build more intelligent systems that offer a modern and on-the-go way for people to book their trips.
An example is Monaker Group’s (OTCQB: MKGI) NextTrip.com, a real-time booking engine that offers customers the opportunity to book various types of accommodation as well as flights, car rentals, tours, and more. NextTrip.com provides an all-in-one travel planner for every aspect of a person’s trip. The NextTrip planner enables travelers and holidaymakers to choose from some eight million trip ideas, and it gives users the opportunity to import bookings to one place on their mobile devices; discover a variety of nearby hotels, bars, and restaurants; save and attach important links to their devices; and collect travel money to split travel costs among friends and family. The free travel planner is an all-inclusive platform that is mobile friendly and allows consumers to book and save information about their trips, no matter where they are in the world.
For more information, visit www.MonakerGroup.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
With Americans spending approximately $814 billion on domestic travel in 2015, according to the U.S. Travel Association (http://dtn.fm/52hVA), it is no wonder they are also investing a lot of time in planning these trips. But with advancements in technology, consumers are looking for a more unique and personalized but also more rapid travel planning experience.
CEO of the online fare aggregator Kayak, Steve Hafner, believes technologies are now changing how travelers book their holidays, saying that customers’ booking experiences will be less point-and-click websites, and more spoken word and chat bots. In an interview with CNBC’s On The Money (http://dtn.fm/uyN4x), he stated, “What we’re seeing is there’s a whole generation of people who are more familiar with text messaging and voice via Siri who are looking for a different interaction with an online travel agency.” Consumers have a need for more rapid, personalized, and mobile booking experiences, requiring companies to build more intelligent systems that offer a modern and on-the-go way for people to book their trips.
An example is Monaker Group’s (OTCQB: MKGI) NextTrip.com, a real-time booking engine that offers customers the opportunity to book various types of accommodation as well as flights, car rentals, tours, and more. NextTrip.com provides an all-in-one travel planner for every aspect of a person’s trip. The NextTrip planner enables travelers and holidaymakers to choose from some eight million trip ideas, and it gives users the opportunity to import bookings to one place on their mobile devices; discover a variety of nearby hotels, bars, and restaurants; save and attach important links to their devices; and collect travel money to split travel costs among friends and family. The free travel planner is an all-inclusive platform that is mobile friendly and allows consumers to book and save information about their trips, no matter where they are in the world.
For more information, visit www.MonakerGroup.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Wednesday, October 19, 2016
eXp World Holdings, Inc. (EXPI) First in Line to Adapt to Changing Perspectives Among Consumers and Real Estate Industry
Much has changed in the real estate industry over the past decade, with companies modifying everything from their offices and operations to the tools they use and their overall culture. Real estate companies have also changed the way they brand themselves in order to better target younger consumers looking for a more personalized buying or renting experience.
Traditionally, real estate companies have focused their branding on promoting awards and titles, such as being number one or becoming a top producer. Now, with generation X and Y part of the real estate market, things have changed. These younger markets don’t care much for titles and awards. While such new consumers are still passionate about becoming homeowners, they are looking for a wider range of services, coupled with online/mobile access to information.
Gone are the days when real estate agents could quickly and mechanically push clients through the sales funnel. Today, customers can easily switch companies, with no warning, and they expect the full package. They want someone who is going to support them, be knowledgeable, and, above all, is trustworthy from the moment they start searching for a home to the moment they finalize their transaction.
Moreover, customers are not the only ones whose needs have shifted. The requirements of real estate agents and brokers have also changed. Rather than needing an office, agents are more interested in quick availability of important resources. Advances in technology mean that they need instant access to a range of information to keep their clients satisfied, whether they are in an office or in the field.
Non-traditional offices are popping up, with agencies shifting toward smaller or, sometimes, no offices. In addition, they are now focusing solely on the consumer and using more “free” or inexpensive tools such as social media marketing applications, blogs, and search engine optimization (SEO) to reach the right audience.
eXp World Holdings, Inc. (OTCQB: EXPI), the Agent-Owned Cloud Brokerage™ that offers its services across the U.S. and Canada, has been powering higher in the industry for the better part of two years thanks to its ability to adapt to the changing perspectives of both consumers and the industry as a whole.
Through the company’s website, sellers list properties, while prospective buyers easily search real-time property listings, and both buyers and sellers have quick access to a network of professional, consumer-centric agents. EXPI has made significant operational changes compared to its competitors, shifting toward a more sustainable industry with virtual and on-the-go training techniques, virtual meeting platforms, and other tools that help agents and brokers collaborate and connect with consumers without depending upon brick and mortar facilities. Based on the changes the industry has experienced over the past decade, EXPI has tailored its services to perfectly suit buyers and sellers of the 21st century.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Traditionally, real estate companies have focused their branding on promoting awards and titles, such as being number one or becoming a top producer. Now, with generation X and Y part of the real estate market, things have changed. These younger markets don’t care much for titles and awards. While such new consumers are still passionate about becoming homeowners, they are looking for a wider range of services, coupled with online/mobile access to information.
Gone are the days when real estate agents could quickly and mechanically push clients through the sales funnel. Today, customers can easily switch companies, with no warning, and they expect the full package. They want someone who is going to support them, be knowledgeable, and, above all, is trustworthy from the moment they start searching for a home to the moment they finalize their transaction.
Moreover, customers are not the only ones whose needs have shifted. The requirements of real estate agents and brokers have also changed. Rather than needing an office, agents are more interested in quick availability of important resources. Advances in technology mean that they need instant access to a range of information to keep their clients satisfied, whether they are in an office or in the field.
Non-traditional offices are popping up, with agencies shifting toward smaller or, sometimes, no offices. In addition, they are now focusing solely on the consumer and using more “free” or inexpensive tools such as social media marketing applications, blogs, and search engine optimization (SEO) to reach the right audience.
eXp World Holdings, Inc. (OTCQB: EXPI), the Agent-Owned Cloud Brokerage™ that offers its services across the U.S. and Canada, has been powering higher in the industry for the better part of two years thanks to its ability to adapt to the changing perspectives of both consumers and the industry as a whole.
Through the company’s website, sellers list properties, while prospective buyers easily search real-time property listings, and both buyers and sellers have quick access to a network of professional, consumer-centric agents. EXPI has made significant operational changes compared to its competitors, shifting toward a more sustainable industry with virtual and on-the-go training techniques, virtual meeting platforms, and other tools that help agents and brokers collaborate and connect with consumers without depending upon brick and mortar facilities. Based on the changes the industry has experienced over the past decade, EXPI has tailored its services to perfectly suit buyers and sellers of the 21st century.
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Medical Transcription Billing, Corp. (MTBC) Receives Updated Coverage from SeeThruEquity following MediGain Acquisition
Earlier this week, SeeThruEquity, a leading independent equity research and corporate access firm, issued an update on Medical Transcription Billing, Corp. (NASDAQ: MTBC; MTBCP). In the report, SeeThruEquity took a closer look at MTBC’s recently completed acquisition of medical billing firm MediGain, LLC, as well as its affiliate, New Jersey-based Millennium Practice Management, LLC. The transaction was characterized as MTBC’s largest acquisition to date, as well as its fourth deal so far this year and its tenth since 2014. With a total purchase price of $7 million, SeeThruEquity expects MTBC to deploy some of its cash on hand, which was reported at $6.7 million at the end of the second quarter of this year, while also seeking to raise additional capital in order to finalize the MediGain transaction in the coming months.
To view the full SeeThruEquity report, visit http://dtn.fm/kd93J
With news of the MediGain acquisition, SeeThruEquity updated its estimates for MTBC’s financial performance as 2016 winds to a close. In a news release announcing the acquisition, MTBC indicated that it expects MediGain to add significant revenues and spur the company’s financial growth in 2017 while also contributing to its positive adjusted EBITDA. As a result, SeeThruEquity updated its 2017 revenue forecast for MTBC to $35 million and adjusted its EBITDA estimate to $2.5 million. The research firm also revised its 2016 estimates to account for a later-than-expected close to the MediGain acquisition. SeeThruEquity’s 2016 revenue and adjusted EBITDA estimates are now $24.5 million and $0.5 million, respectively, leaning on the assumption of seasonal strength in the second half of the year.
“We are very pleased to have acquired MediGain’s assets at a compelling valuation that represents a significant discount as compared to the industry norm of at least one times annualized revenues for a company of MediGain’s size,” Bill Korn, chief financial officer of MTBC, stated in a recent news release. “Moreover, we believe that our newly acquired business will contribute to our positive Adjusted EBITDA by the end Q1 2017.”
Despite adjusting its revenue and EBITDA figures, SeeThruEquity left its target PPS unchanged in its latest report. According to the update, the research firm continues to view MTBC “as an attractive company in the healthcare technology industry that offers exposure to a massive market opportunity at a compelling valuation.” As a result, SeeThruEquity has placed a price target of $3.85 for MTBC. This figure represents potential upside of about 375 percent when compared to Wednesday morning’s price of $0.81 per share.
For more information, visit www.MTBC.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
To view the full SeeThruEquity report, visit http://dtn.fm/kd93J
With news of the MediGain acquisition, SeeThruEquity updated its estimates for MTBC’s financial performance as 2016 winds to a close. In a news release announcing the acquisition, MTBC indicated that it expects MediGain to add significant revenues and spur the company’s financial growth in 2017 while also contributing to its positive adjusted EBITDA. As a result, SeeThruEquity updated its 2017 revenue forecast for MTBC to $35 million and adjusted its EBITDA estimate to $2.5 million. The research firm also revised its 2016 estimates to account for a later-than-expected close to the MediGain acquisition. SeeThruEquity’s 2016 revenue and adjusted EBITDA estimates are now $24.5 million and $0.5 million, respectively, leaning on the assumption of seasonal strength in the second half of the year.
“We are very pleased to have acquired MediGain’s assets at a compelling valuation that represents a significant discount as compared to the industry norm of at least one times annualized revenues for a company of MediGain’s size,” Bill Korn, chief financial officer of MTBC, stated in a recent news release. “Moreover, we believe that our newly acquired business will contribute to our positive Adjusted EBITDA by the end Q1 2017.”
Despite adjusting its revenue and EBITDA figures, SeeThruEquity left its target PPS unchanged in its latest report. According to the update, the research firm continues to view MTBC “as an attractive company in the healthcare technology industry that offers exposure to a massive market opportunity at a compelling valuation.” As a result, SeeThruEquity has placed a price target of $3.85 for MTBC. This figure represents potential upside of about 375 percent when compared to Wednesday morning’s price of $0.81 per share.
For more information, visit www.MTBC.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
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OurPet’s Company (OPCO) CFO Scott Mendes Presenting at the MicroCap Conference
Earlier today, OurPet’s Company (OTCQX: OPCO) announced that Scott Mendes, the company’s chief financial officer, will be presenting alongside executives from 60 other companies at this year’s MicroCap Conference, which is set to take place October 24-25 at the Hotel Monaco in Philadelphia. Mendes is scheduled to make his presentation on October 25 at 5:00 p.m. Planned topics of discussion include OurPet’s Company’s innovative, trend-setting pet products and accessories, including the cutting-edge OurPets® Intelligent Pet Care™ (http://dtn.fm/sOK6q) product line, which leverages Bluetooth and Wi-Fi technologies to foster a stronger connection between pets and their owners.
For more information on the MicroCap Conference, visit http://dtn.fm/kjJH5
Mendes’s upcoming presentation comes on the heels of a similar presentation by Kathleen Homyock, OPCO’s vice president of sales and business development, at last month’s National Pet Industry Trade Show hosted by the Pet Industry Joint Advisory Council (PIJAC) Canada. In her presentation, titled ‘Technology Translated to Pet Fitness, Food and Fun’, Homyock offered an in-depth look at how intelligent technology accessories can help pet owners more effectively monitor the health and wellbeing of their pets. These benefits are at the core of the company’s Intelligent Pet Care™ product line, including the SmartScoop – Intelligent Litter Box (http://dtn.fm/7eSSn), the SmartLink Feeder – Intelligent Pet Bowl (http://dtn.fm/8rEpu) and the SmartLink Waterer – Intelligent Water Fountain (http://dtn.fm/6NllS).
“It is always interesting to speak with industry professionals about how smart technology is changing pet products,” Homyock stated in a recent news release. “I was excited to have the opportunity to speak at the show in September and I am even more excited to work for a company that values this technology and continuously works to bring intelligent health and fitness monitoring products into the marketplace.”
OurPet’s Company’s commitment to innovation doesn’t end with its Intelligent Pet Care™ product line. According to data from the American Pet Products Association, there are currently about 175 million companion dogs and cats in the United States alone, with roughly 650 million worldwide. The growth of the pet population in recent years has led to pet waste becoming a significant environmental concern, with companion dogs producing roughly 10 million tons of waste annually in the U.S. OurPet’s Company is currently focused on creating environmentally-friendly solutions to the growing problem. Through a new partnership with Paulee Cleantec, Ltd., OurPet’s Company aims to develop and commercialize innovative solutions to the environmental issues stemming from improperly managed pet waste.
For more information, visit the company’s website at www.ourpets.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
For more information on the MicroCap Conference, visit http://dtn.fm/kjJH5
Mendes’s upcoming presentation comes on the heels of a similar presentation by Kathleen Homyock, OPCO’s vice president of sales and business development, at last month’s National Pet Industry Trade Show hosted by the Pet Industry Joint Advisory Council (PIJAC) Canada. In her presentation, titled ‘Technology Translated to Pet Fitness, Food and Fun’, Homyock offered an in-depth look at how intelligent technology accessories can help pet owners more effectively monitor the health and wellbeing of their pets. These benefits are at the core of the company’s Intelligent Pet Care™ product line, including the SmartScoop – Intelligent Litter Box (http://dtn.fm/7eSSn), the SmartLink Feeder – Intelligent Pet Bowl (http://dtn.fm/8rEpu) and the SmartLink Waterer – Intelligent Water Fountain (http://dtn.fm/6NllS).
“It is always interesting to speak with industry professionals about how smart technology is changing pet products,” Homyock stated in a recent news release. “I was excited to have the opportunity to speak at the show in September and I am even more excited to work for a company that values this technology and continuously works to bring intelligent health and fitness monitoring products into the marketplace.”
OurPet’s Company’s commitment to innovation doesn’t end with its Intelligent Pet Care™ product line. According to data from the American Pet Products Association, there are currently about 175 million companion dogs and cats in the United States alone, with roughly 650 million worldwide. The growth of the pet population in recent years has led to pet waste becoming a significant environmental concern, with companion dogs producing roughly 10 million tons of waste annually in the U.S. OurPet’s Company is currently focused on creating environmentally-friendly solutions to the growing problem. Through a new partnership with Paulee Cleantec, Ltd., OurPet’s Company aims to develop and commercialize innovative solutions to the environmental issues stemming from improperly managed pet waste.
For more information, visit the company’s website at www.ourpets.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Moxian, Inc. (MOXC) Enhancing Relationships between Users and Merchants with Consumer Behavior Data
Consumer behavior is the study of why users buy or do not buy a product or service. This data also includes the why, what, when, where, and how. Consumer behavior attempts to understand the buyer’s decision-making process. It studies individual consumer habits while taking into account things like demographics, age group, religion, and more in order to understand what people want from their shopping experience.
There are, of course, a wide range of factors that can influence customer behavior. Some of these include: the environment, social variables, cultural variables, pricing, promotions, product quality, and customer service. Also, as mentioned above, demographic factors affect customer behavior. These include age, gender, marital status, income, education, and occupation.
With consumer behavior data being at the forefront of e-commerce today, the goal is to know what consumers want before they even ask for it. Algorithms and big data are now enabling retailers to capitalize on their consumers by offering them what they want based on their shopping history and all the other variables.
With marketers now having access to all sorts of useful data, it is no wonder they are able to target prospective clients and consumers and link them to specific merchants and products. Companies such as Moxian, Inc. (OTCQB: MOXC) who are in the business of providing social media marketing and promotion platforms to retailers allow merchants to run highly targeted and successful advertising campaigns.
MOXC enables consumers and merchants to better interact thanks to consumer behavior data compiled in the Moxian database. With this information, merchants are able to identify consumer patterns, identify individual customers, uncover opportunities to deliver integrated and targeted marketing campaigns, and optimize marketing efforts for the future. Moxian works on the basis that consumers and businesses should be able to connect and interact more easily with one another to achieve the concept of “online lifestyle, offline fun.”
For more information, visit the company’s website at www.Moxian.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
There are, of course, a wide range of factors that can influence customer behavior. Some of these include: the environment, social variables, cultural variables, pricing, promotions, product quality, and customer service. Also, as mentioned above, demographic factors affect customer behavior. These include age, gender, marital status, income, education, and occupation.
With consumer behavior data being at the forefront of e-commerce today, the goal is to know what consumers want before they even ask for it. Algorithms and big data are now enabling retailers to capitalize on their consumers by offering them what they want based on their shopping history and all the other variables.
With marketers now having access to all sorts of useful data, it is no wonder they are able to target prospective clients and consumers and link them to specific merchants and products. Companies such as Moxian, Inc. (OTCQB: MOXC) who are in the business of providing social media marketing and promotion platforms to retailers allow merchants to run highly targeted and successful advertising campaigns.
MOXC enables consumers and merchants to better interact thanks to consumer behavior data compiled in the Moxian database. With this information, merchants are able to identify consumer patterns, identify individual customers, uncover opportunities to deliver integrated and targeted marketing campaigns, and optimize marketing efforts for the future. Moxian works on the basis that consumers and businesses should be able to connect and interact more easily with one another to achieve the concept of “online lifestyle, offline fun.”
For more information, visit the company’s website at www.Moxian.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
eXp World Holdings, Inc. (EXPI) Adds Brent Gove Team to Growing Brokerage Division
Earlier today, eXp World Holdings, Inc. (OTCQB: EXPI), through subsidiary eXp Realty, announced the addition of the Brent Gove team, a leading real estate team operating in California, to its family of agents and brokers. Gove brings nearly two decades of industry experience to the Agent-Owned Cloud Brokerage™. During this time, he earned a spot as one of the 11 most successful agents in the global RE/MAX (NYSE: RMAX) network, completing 429 transactions accounting for about $169 million in sales volume in 2005 alone. Gove then moved to Keller Williams Realty, where he served as CEO and team leader of the company’s most profitable market center in 2010. Despite only switching brokerages once throughout his extensive career in the real estate industry, Gove pointed to the tremendous value proposition offered by eXp Realty as a key driver in his decision to make the jump to EXPI.
“Everyone on my team is excited about the opportunity to become an owner of eXp World Holdings and to be part of a community of agent-owners working closely together with systems and infrastructure that will allow us to continue to grow both as a team and as professionals — building relationships and organizations that span across borders,” Gove stated in this morning’s news release. “eXp Realty represents the best opportunity for us as a team and as individuals.”
The addition of the Brent Gove team to the eXp Realty family continues to build on what has been an eventful October for the company. Just last Friday, EXPI announced the addition of Miguel Herrera, the top international luxury agent in South Texas, to eXp Realty. In the news release, Herrera hailed the eXp Realty business model as “the strongest in the industry.” According to an update issued last week, the company’s real estate brokerage division currently boasts a family of agents and brokers that includes more than 1,900 members across 41 high-demand markets in the United States and Canada. This marks an increase of about 120 percent from the beginning of 2016.
“We are excited, not only by our growth, but by the quality of agents that are being attracted to eXp Realty,” Jason Gesing, chief executive officer of eXp Realty, stated in a recent news release. “Increasingly throughout the year, eXp Realty has become the brokerage of choice for top producing agents and teams, and for brokerage owners looking to increase profits, achieve scalable growth, and deliver the opportunity of ownership to the agents in their organization.”
These growth milestones come on the heels of EXPI’s third annual real estate convention, which took place from October 5-7 in San Antonio, Texas. The company reports that nearly one-third of the agents and brokers licensed with eXp Realty at the time of the event were in attendance, representing more than a threefold increase from the previous year’s convention and marking the first time that the company has sold out one of its major annual events. Russ Cafano, president of EXPI, summed up eXp Realty’s recent performance in a news release.
“[W]e have uncovered a total value proposition which resonates with real estate professionals but to date, no firm had figured out how to implement,” he stated. “Our growth numbers clearly indicate that we have hit a sweet spot in the industry.”
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
“Everyone on my team is excited about the opportunity to become an owner of eXp World Holdings and to be part of a community of agent-owners working closely together with systems and infrastructure that will allow us to continue to grow both as a team and as professionals — building relationships and organizations that span across borders,” Gove stated in this morning’s news release. “eXp Realty represents the best opportunity for us as a team and as individuals.”
The addition of the Brent Gove team to the eXp Realty family continues to build on what has been an eventful October for the company. Just last Friday, EXPI announced the addition of Miguel Herrera, the top international luxury agent in South Texas, to eXp Realty. In the news release, Herrera hailed the eXp Realty business model as “the strongest in the industry.” According to an update issued last week, the company’s real estate brokerage division currently boasts a family of agents and brokers that includes more than 1,900 members across 41 high-demand markets in the United States and Canada. This marks an increase of about 120 percent from the beginning of 2016.
“We are excited, not only by our growth, but by the quality of agents that are being attracted to eXp Realty,” Jason Gesing, chief executive officer of eXp Realty, stated in a recent news release. “Increasingly throughout the year, eXp Realty has become the brokerage of choice for top producing agents and teams, and for brokerage owners looking to increase profits, achieve scalable growth, and deliver the opportunity of ownership to the agents in their organization.”
These growth milestones come on the heels of EXPI’s third annual real estate convention, which took place from October 5-7 in San Antonio, Texas. The company reports that nearly one-third of the agents and brokers licensed with eXp Realty at the time of the event were in attendance, representing more than a threefold increase from the previous year’s convention and marking the first time that the company has sold out one of its major annual events. Russ Cafano, president of EXPI, summed up eXp Realty’s recent performance in a news release.
“[W]e have uncovered a total value proposition which resonates with real estate professionals but to date, no firm had figured out how to implement,” he stated. “Our growth numbers clearly indicate that we have hit a sweet spot in the industry.”
For more information, visit the company’s website at www.eXpWorldHoldings.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Medical Transcription Billing, Corp. (MTBC) Offers Shareholders Additional Details Regarding MediGain Acquisition
Before the opening bell, Medical Transcription Billing, Corp. (NASDAQ: MTBC; MTBCP) issued a news release giving prospective shareholders additional insight into the company’s acquisition of MediGain, LLC. In the update, Mahmud Haq, chief executive officer of MTBC, highlighted the importance of the acquisition to the company’s growth strategy.
“As announced last week, we are very pleased to have acquired MediGain, which marks an important corporate milestone as our largest acquisition to date, and demonstrates the highly strategic nature of our successful, acquisition-based growth strategy,” Haq stated.
In the news release announcing the acquisition, MTBC CFO Bill Korn stated that the company completed the acquisition “at a compelling valuation that represents a significant discount as compared to the industry norm.” This morning’s update highlighted that MTBC, through wholly-owned subsidiary MTBC Acquisition, Corp., acquired all of the assets of MediGain and its affiliate for a purchase price of $7 million, which included $2 million paid at closing with a remaining balance of $5 million due at the beginning of next year.
Korn went on to predict that the addition of MediGain and affiliate Millennium Practice Management, LLC to MTBC will “contribute to our positive Adjusted EBITDA by the end Q1 2017.” This assessment was further validated with this morning’s update. In total, the accounts in good standing that were acquired as part of the MediGain acquisition are expected to contribute more than $10 million of annual revenues to fuel MTBC’s financial growth in 2017. With this performance, MTBC management expects incremental profits from the MediGain acquisition to greatly exceed its cost of capital, putting it on course to be accretive to the company’s shareholders as early as 2017.
To learn more about the MediGain acquisition, view MTBC’s Form 8-K at http://dtn.fm/4dGUh
“There are significant synergies between the two companies,” Gary Smith, a provider of leadership to MediGain Practice Management, explained in this morning’s update. “Our global team of professionals and proprietary technology will allow us to continue improving operating margins while delivering world-class service to our clients.”
On October 3, MTBC originally announced the closing of the MediGain acquisition, marking its largest acquisition to date. Included in the transaction, MTBC acquired substantially all of MediGain’s assets, including existing customer accounts, intellectual property, and offshore operations in both India and Sri Lanka. In addition to strengthening its total number of accounts, the acquisition effectively bolstered the MTBC team with talented members in North America while greatly expanding its Asia-based operations into new markets with “talented, cost-effective workforces.”
For more information, visit www.MTBC.com
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“As announced last week, we are very pleased to have acquired MediGain, which marks an important corporate milestone as our largest acquisition to date, and demonstrates the highly strategic nature of our successful, acquisition-based growth strategy,” Haq stated.
In the news release announcing the acquisition, MTBC CFO Bill Korn stated that the company completed the acquisition “at a compelling valuation that represents a significant discount as compared to the industry norm.” This morning’s update highlighted that MTBC, through wholly-owned subsidiary MTBC Acquisition, Corp., acquired all of the assets of MediGain and its affiliate for a purchase price of $7 million, which included $2 million paid at closing with a remaining balance of $5 million due at the beginning of next year.
Korn went on to predict that the addition of MediGain and affiliate Millennium Practice Management, LLC to MTBC will “contribute to our positive Adjusted EBITDA by the end Q1 2017.” This assessment was further validated with this morning’s update. In total, the accounts in good standing that were acquired as part of the MediGain acquisition are expected to contribute more than $10 million of annual revenues to fuel MTBC’s financial growth in 2017. With this performance, MTBC management expects incremental profits from the MediGain acquisition to greatly exceed its cost of capital, putting it on course to be accretive to the company’s shareholders as early as 2017.
To learn more about the MediGain acquisition, view MTBC’s Form 8-K at http://dtn.fm/4dGUh
“There are significant synergies between the two companies,” Gary Smith, a provider of leadership to MediGain Practice Management, explained in this morning’s update. “Our global team of professionals and proprietary technology will allow us to continue improving operating margins while delivering world-class service to our clients.”
On October 3, MTBC originally announced the closing of the MediGain acquisition, marking its largest acquisition to date. Included in the transaction, MTBC acquired substantially all of MediGain’s assets, including existing customer accounts, intellectual property, and offshore operations in both India and Sri Lanka. In addition to strengthening its total number of accounts, the acquisition effectively bolstered the MTBC team with talented members in North America while greatly expanding its Asia-based operations into new markets with “talented, cost-effective workforces.”
For more information, visit www.MTBC.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
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