Tremor Video Inc. (NYSE:TRMR)

Tremor Video Inc. (NYSE:TRMR) Rebrands To Telaria Inc.

Tremor Video Inc. (NYSE:TRMR)

Tremor Video Inc. (NYSE:TRMR) shares rose 2.30% after the video software monetization company announced plans to change its name to Telaria Inc. as part of a rebranding strategy.  In addition to the name change, the company also released a new corporate logo and brand platform as part of the updated strategy.

Tremor Video Rebranding

The proposed changes are geared towards transforming Tremor Video Inc. (NYSE:TRMR) into a fully programmatic software platform for premium video partners. Telaria will also position itself to be a data-enriched platform that is able to monetize and manage video inventory with the speed, control, and transparency.

Tremor Video will trade under ticker name Tremor Video Inc (NYSE:TRMR) until market close on September 25, 2017, after which the company is to trade under the name Telaria Inc. and ticker symbol TLRA.

Investors reacted positively to the proposed rebranding by sending the stock to an all-time high for the year. The stock is currently trading close to its 52-week high of $4.10 a share as it continues to trade in a strong uptrend that began last month. Tremor Video Inc (NYSE:TRMR) is up by more than 50% for the year after over performing the overall industry.

According to the chief marketing officer, Jennifer Catto, the rebranding push underscores Tremor Video dynamism and leadership role in the video industry. According to the executive, the name change supports a belief that advertising technology needs to be fast and frictionless to attract clients.

“With our platform’s unparalleled speed, diagnostic capabilities, and complete pricing transparency, our publisher clients have never been better positioned to unlock the full value of their video content,” said CEO, Mark Zagorski.

Trade Desk Rebranding

The rebranding push comes after Tremor Video Inc (NYSE:TRMR) announced deeper integration with Trade Desk Inc. The integration will result in the company offering curated access to premium programmatic Connected Television (CTV) and Over The Top (OTT) advertising inventory. Dish, Sling, and Bloomberg Media have already made some of their premium inventory available.

Changing consumer habits continue to drive rapid growth on CTV and OTT, presenting opportunities that Tremor Video plans to take advantage of. According to research firm eMarketer, CTV users increased 20.6% last year to account for 56% of U.S population. The finding is a testament that more people are watching digital video on connected TVs.

“We are excited to work with The Trade Desk to help advertisers understand the value of CTV, and how to reach the 18-34-year-old audience that is leading the shift from traditional TV to IP enabled programming,” said Katie Evans, COO of Tremor Video Inc (NYSE:TRMR).

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $TRMR and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.

Tintri Inc (NASDAQ:TNTR)

Tintri Inc (NASDAQ:TNTR) Pays Price for Disappointing Q2 Results

Tintri Inc (NASDAQ:TNTR)

Tintri Inc (NASDAQ:TNTR) felt the wrath of Wall Street after reporting second quarter earnings that fell short of expectations. The stock shed 31.89% in value as investors questioned the company’s growth metrics on revenues coming at the low end of expectations.

Tintri Stock Performance

Tintri Inc (NASDAQ:TNTR)
One month TNTR stock price chart

Last week’s sell off brought to an end a bullish momentum that began last month. The stock of Tintri Inc (NASDAQ:TNTR) gapped lower from the $6.80 per share trading range to record a new 52-week low of $4.20 a share. Changing investor’s sentiments comes months after the cloud company made its debut in the stock market with an opening price of $7.12 a share, reaching highs of $7.75 a share.

The recent sell-off has already triggered a wave of class action lawsuits. Law firm Johnson Fistel, LLP is questioning whether the management provided misleading statements about the company’s business and prospects.

Chief Executive Officer, Ken Klein has sought to dispel the concerns by touting the value proposition offered by Tintri Inc (NASDAQ:TNTR) as well as cash flow improvements. According to the executive, the fact that the company received its largest order in the quarter is a further testament to the firm’s robust growth.

“While the company’s revenue came in at the low end of our expectations, we delivered stronger than projected profitability and cash flow improvements. We remain confident in our competitive position and in the strength of our value proposition. In the quarter we received the largest order in the company’s history and added new enterprise logos,” said Mr. Klein.

Q2 Earnings Report

Tintri Inc (NASDAQ:TNTR) reported revenues of $4.9 million representing a 27% year over year growth. Net loss attributable to shareholder shrunk to (-$2.50) per share from (-$7.53) per share reported last year. The company exited the quarter with cash and cash equivalent of $80.6 million compared to $48 million as of January 31, 2017.

For the third quarter, Tintri Inc (NASDAQ:TNTR) expects revenues of between $36 million and $37 million. Non-GAAP net loss on the other and should range between (-$0.77) and (-$0.81) a share.

The launch of a new all-flash platform Tintri EC6000 according to Mr. Klein is one of the things to look out for in the second half of the year. The cloud Connector which is already integrated to Amazon Web Services and IBM Cloud Object Storage should enhance Tintri’s competitive edge in the cloud enterprise business. The company has also announced the integration of the connector with Cisco Systems, Inc. (NASDAQ:CSCO) UCS Director.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $TNTR and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

QuickLogic Corporation (NASDAQ:QUIK)

QuickLogic Corporation (NASDAQ:QUIK) Stock Trades Higher

QuickLogic Corporation (NASDAQ:QUIK)

QuickLogic Corporation (NASDAQ:QUIK) stock traded higher after the company announced it had increased the number of engagements with wearable companies, expected to support the growth of EOS S3 Sensor Processing platform. The stock was up by 12.50% in Wednesday’s trading session to end the day at $1.71 a share.

QuickLogic’s Stock Performance

Wednesday’s rally helped strengthen a bullish run on QUIK stock that began in June. The stock has since bounced back from lows of $1.20 a share, to current highs of $1.71 per share. It awaits to be seen if the stock will continue to edge higher especially after closing above the $1.64 level, which traders believe acts as a key resistance level.

QuickLogic Corporation (NASDAQ:QUIK) still has a long way to go given that it is still trading in a downtrend after dropping from this year’s highs of $2.40 a share. The stock is down by more than 20% for the year, compared to a 24.6% overall industry growth. However, a bevy of positive news has brought to light the company’s growth prospects thereby reinvigorating investor’s sentiments.

QuickLogic Corporation (NASDAQ:QUIK
One month ARGS stock price chart

In a bid to support robust growth of the entire EOS S sensor processing platform, QuickLogic Corporation (NASDAQ:QUIK) has filled three senior positions for product management, hardware solutions architecture, and system engineering. The company expects the new appointees to expand the total sensor processing team bandwidth, which should lead to an increase customer engagements.

QuickLogic Corporation (NASDAQ:QUIK) has also renewed its credit line with Silicon Valley Bank paving way for it to gain access to $6 million in line of credit. Under the terms of the agreement, the company will have to maintain unrestricted cash or cash equivalent at the bank at all times.

QUIK Q2 Earnings Report

Separately, the Sunnyvale California Company reported a net loss of (-$3.6) million or (-$0.05) a share for the second quarter, compared to a net loss of (-$5.6) million reported last year. Revenues were up by 11.4% to come in at $3 million – meeting analysts’ consensus estimates. Gross margin increased to 46.3% from 44.4% in the first quarter and 30.3% from the corresponding quarter last year.

QuickLogic management lowered the third and fourth quarter guidance on concerns of certain key design wins. However, the company remains confident of growth drivers in the wearable hearable and IOT applications leading to new product revenue in the fourth quarter.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $QUIK and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

iPass Inc. (NASDAQ:IPAS) Partners with Mobilcom-Debitel

iPass Inc. (NASDAQ:IPAS)

iPass Inc. (NASDAQ:IPAS) has teamed up with software and managed services provider, Mobilise, to provide a new global Wi-Fi service to mobilcom-debitel customers. IPAS stock traded lower in Friday’s trading session in response to the news, as short sellers continue to position themselves for lower prices.

Stock Performance

A bullish run on iPass Inc. (NASDAQ:IPAS) stock that began in March ended as the stock failed to break through a key resistance level at the $1.50 mark. The stock has since gapped lower from the $1.20 mark and is currently trading near all-time lows.

A decline in investor sentiments on iPass Inc. (NASDAQ:IPAS) has seen the stock trade in a tight $0.51 – $0.57 trading range as it closes in on its 52-week low of $0.51 a share. Positive investor views on the stock are being challenged by a slowdown in the adoption of the company’s new technology and erosion in pay-per-use business continues to compound the issue.

iPass Inc. (NASDAQ:IPAS)
IPAS one month stock price chart

Net Loss- Outlook

iPass Inc. (NASDAQ:IPAS) reported a net loss of (-$5.3) million for the second quarter as revenue came in at $13.5 million. A further indication of a slowdown in the company’s business is a new revenue guidance of $54 million, down from a previous guidance of between $69 million and $73 million. A net loss guidance of between (-$4.5) million and (-$2) million also continues to rattle investors.

“While continuing to achieve progress toward our strategy and goals in the longer term, our performance in the second quarter was disappointing, reflecting delays in execution and timing driven by three significant factors that impacted revenue,” said Gary Griffiths, president, and CEO.

Mobilise Collaboration Synergies

iPass SmartConnect software’s development kit underperformed in the second quarter in terms of revenue generation. The company attributes the poor performance to insufficient technical support and engineering resources to address disparate requirements that emerged during the roll outs. Strategic partners requiring longer evaluation and deployment cycles also affected revenue generation.

A collaboration with Mobilise to provide Wi-Fi services on mobilcom-debitel network should have a positive impact on iPass SmartConnect SDK going forward. Mobilise has agreed to provide the Wi-Fi solution using iPass SmartConnect SDK.

The new Wi-Fi service seeks to enhance connectivity options to mobilcom-debitel 12 million mobile subscribers. The independent German telecommunications company plans to use the collaboration to further enhance connectivity experience of its customers.

“This contract with mobilcom-debitel is further validation of the unique value proposition Mobilise and iPass are bringing to the market,” said iPass Inc. (NASDAQ:IPAS) chief commercial officer Patricia Hume.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $IPAS and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.

On The Move Systems Corp (OTCMKTS:OMVS)

On The Move Systems Corp (OTCMKTS:OMVS) Completes Acquisition, Drops 10%

On The Move Systems Corp (OTCMKTS:OMVS)

On The Move Systems Corp (OTCMKTS:OMVS) traded lower after announcing it had completed the acquisition of Robotic Assistance Devices (RAD). The stock was down by 10.58% in Thursday’s trading session, to end the day at $0.169 a share.

Stock Performance

On The Move Systems Corp (OTCMKTS:OMVS) has been on an impressive run ever since it announced plans to acquire Robotic Assistance Devices. The stock had rallied to highs of $0.27 a share and traders waiting to see if the recent pull back is just a minor correction.

A point of concern is that the stock is currently trading at the lower end of its $0.17 – $0.22 trading range. The stock faces immediate support at the $0.14 level. It now awaits to be seen if the acquisition of RAD will continue to strengthen investor’s sentiments on the company’s long term prospects.

On The Move Systems Corp (OTCMKTS:OMVS)
One month OTCMKTS:OMVS stock price chart

Robotic Assistance Devices is already strengthening On The Move Systems Corp (OTCMKTS:OMVS) revenue base having received a commitment for 62 robots with a reported contract value of $6 million. The unit has also signed two purchase order contracts with major companies. The company is banking on its sales pipeline of over 50 fortune 500 companies, and 25 dealers and distributors, to attract more deals for its robotic solutions.

“I look forward to working together with OMVS and having the opportunity to build RAD into a major player in the robotic guard market. We have made great progress to date and with the close of this acquisition we will be well positioned to accelerate our development and deliver significant growth milestones in the near future,” said Steve Reinharz, President, and CEO of RAD.

Romeo Power Collaboration

Robotic Assistance has entered into an agreement with Romeo Power to outfit its SMP Robotics Security Guard Robot with the firm’s lithium ion energy solution. Integration of Romeo’s Power battery solutions should allow RAD’s robots to provide up to 12 hours of continuous operations.

The collaboration also paves way for Romeo Power to deploy two S5 autonomous security guard robots at its headquarters in Vernon Calif.

On The Move Systems Corp (OTCMKTS:OMVS) has also signed a distribution agreement with one of the largest security companies in North America for the distribution of the RAD’s autonomous security robots. The agreement should assist the company in penetrating the North American market.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $OMVS and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.

Will GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF) Move Higher?

GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF)

GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF) is retreating after an impressive run last month. The stock was down by 7.9% in Thursday’s trading session to close at $0.2528 a share. The stock’s impressive run over the past few weeks has come after a string of positive news, with the recent one being the company’s expansion into the cannabis business.

Shares of GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF) are currently trading in an upward trend in a $0.20 to $0.35 trading range. A pull-back from the $0.27 mark could be a minor correction ahead of a potential run to 52-week highs.

GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF)
One month OTCMKTS:GLNNF stock price chart

GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF) is a streamlined payment system company that is trying to revolutionize how smartphone users chose where to dine, settle bills or even access digital receipts. The company is also building a network of merchants and consumers in addition to offering targeted in-app marketing. Its expansion into the cannabis business is one of the plays that appears to have triggered renewed investor interest in the stock.

Cannabis Investment

The company has announced plans to acquire cannabis brands through its partially owned subsidiary, Cannapay Financial. It is also in the process of developing a Cannapay app that will be used to provide information and photos of cannabis related products.

“We believe that there is also an opportunity to use our apps to promote awareness of emerging brands containing CBD or THC in jurisdictions where cannabis is or is becoming medically or recreationally legal,” said Glance President Penny Green.

GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF), through its subsidiary, plans to use innovative marketing features in the app to market cannabis related products in international distribution channels. The company is currently negotiating international rights for a line of health wellness products that are to be sold through the app.

$1 Million Licensing Deal

In addition to pursuing growth in the legal cannabis business, GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF) has entered into a $1 million licensing deal with Active Pay Distribution Inc. The agreement paves way for the company to make its first entry into the fitness and wellness market.

Under the terms of the deal, the company is to create and provide a technology that Active Pay can use to serve the fitness and wellness community. In addition to the licensing fee, GLANCE TECHNOLOGIE COM NPV (OTCMKTS:GLNNF) is entitled to a processing fee for transactions and percentage of revenues generated by the app.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $GLNNF and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

Iddriven Inc (OTCMKTS:IDDR)

Iddriven Inc (OTCMKTS:IDDR) Jumps – but for how long?

Iddriven Inc (OTCMKTS:IDDR)

Shares of Iddriven Inc (OTCMKTS:IDDR) were a big mover in Thursday’s trading session after rallying by 223% to close the day at a three month high of $0.178 a share. While the rally came with no accompanying news, it helped reverse, be it in short term, a downtrend that has plagued the stock for the better part of the year.

One month otmkts:IDDR stock price chart

Stock Performance

Iddriven Inc (OTCMKTS:IDDR) has underperformed the overall industry after shedding more than 60% in market value since the start of the year. The stock is currently trading in a trading range waiting to see if the recent bullish tone will fuel a run towards a 52-week high of $0.02 a share. The stock faces immediate resistance at the $0.02 level.

Iddriven Inc (OTCMKTS:IDDR) bills itself as an innovative provider of premise and cloud-based identity and access management solutions. Its solutions are designed to ensure access across multiple technological environments that are limited to authorized personnel. The company’s lead product, IDdriven, manages volumes of users and access rights over various environments.

Iddriven Inc (OTCMKTS:IDDR) next generation iDaaS program is at the forefront of a new breed of Identity Management and Access Governance Solutions. The solution uses Azure AD to manage AAD users. It is also designed to handle attestation campaigns automatically, in addition to connecting to SaaS applications.

Ingram-ioSafe Collaboration

In May, Iddriven Inc. (OTCMKTS:IDDR) launched a channel program that paves way for its solutions to make available through Ingram Micro and ioSafe resellers. The integrations should expose IDdriven to a wider distribution network as the company moves to create new partnerships with resellers and customers around the world.

The integrations should also enable resellers create new revenue streams by providing clients an affordable, easy-to-manage enterprise-class IAM security solution. Iddriven Inc. (OTCMKTS:IDDR) is in the process of targeting over 8,000 small to medium sized companies in the U.S with their latest distribution push.

“We are excited to be moving into distribution. Leveraging ioSafe distribution network consisting of more than 20,000 resellers in the USA and around the world will enable us to cultivate new relationships and significantly accelerate our growth,” said Arend Verweij, Iddriven CEO.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $IDDR and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

Windstream Holdings, Inc. (NASDAQ:WIN) Wins Contract

Windstream Holdings, Inc. (NASDAQ:WIN)

Shares of Windstream Holdings, Inc. (NASDAQ:WIN) rose nearly 3.0% in the last session after the company announced a contract win with a major building supplier with operations across the US and Canada.

The stock jumped 2.99% to settle at $2.07, pushing Windstream Holdings, Inc. (NASDAQ:WIN)’s market cap to $383.6 million. The stock traded between a low of $2.01 and a high of $2.09 on the day. Despite the gain, Windstream has dropped more than 71% since the beginning of the year and has declined more than 75% since a year ago.

Considering where Windstream Holdings, Inc. (NASDAQ:WIN) closed in the last session, the stock is trading close to its one-year low. Over the last year, Windstream has traded between a low of $1.87 and a high of $10.45.

Windstream Holdings, Inc. (NASDAQ:WIN)
One month WIN stock price chart

Windstream wins large SD-WAN contract

The news that moved the Windstream Holdings, Inc. (NASDAQ:WIN) stock in the last session was the announcement of a potentially large contract, which could unlock more business for the company.

Windstream Holdings, Inc. (NASDAQ:WIN) said that a major, but unidentified, building supplier has selected Windstream to provide SD-WAN and Unified Communications as a Service (UCaaS) solutions. It said the solutions would enable the customer to increase the connectivity and productivity for its 3,500 workers located across the U.S. and Canada.

For the SD-WAN solution, the client selected Windstream’s SD-WAN Concierge service. This package includes what Windstream labels a “personalized and proactive guidance” from a dedicated technical service manager.

According to Windstream Holdings, Inc. (NASDAQ:WIN), its SD-WAN solution offers customers better network agility, seamless scalability as well as optimized performance. Windstream also touts its SD-WAN Concierge service for its cost benefits.

$28.7 billion revenue opportunity in UCaaS market

The customer tried Windstream Holdings, Inc. (NASDAQ:WIN)’s SD-WAN solution in four of its locations before it committed to the contract. The customer will now roll out Windstream’s SD-WAN Concierge to all of its 210 locations.

Under the UCaaS package, Windstream Holdings, Inc. (NASDAQ:WIN) is providing the customer with an integrated communications service that supports voice, instant messaging, and video conferencing.

According to research firm MarketsandMarkets, UCaaS market will be worth $28.7 billion by 2021, up from $17.4 billion in 2016. This shows the significant revenue potential Windstream has in this industry.

Winning large customers is not only great for Windstream Holdings, Inc. (NASDAQ:WIN) because of the increased revenue streams, but the wins also help raise the company’s profile in advanced communications technology market. Windstream, for instance, can reference its large customers to help it win more business.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $WIN and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

Contracts Push Fuel Tech Inc (NASDAQ:FTEK) Higher

Fuel Tech Inc (NASDAQ:FTEK)

Fuel Tech Inc (NASDAQ:FTEK) rallied 12.59% after announcing receipts for multiple air pollution control contracts from customers in the U.S., China, and Europe. The contracts are poised to inject approximately $6.9 million into the company’s balance sheet once implemented.

Fuel Tech Inc (NASDAQ:FTEK)
One month FTEK stock price chart

Stock Performance

Fuel Tech Inc (NASDAQ:FTEK) gapped higher on the new contract orders, touching highs of $1.20 a share in the process, before retreating to close at $0.94 a share. The rally marked the stock’s biggest run, having been under immense selling pressure for the better part of the year.

The stock is currently trading in a $0.85-$1.19 trading range at the back of renewed investor interest in the wake of the new contracts. A close above the $0.95 mark could see the stock rally to the $1.20 mark where it faces resistance.

Fuel Tech Inc (NASDAQ:FTEK) is a technology company focused on the development and commercialization of technologies for air pollution, control, and process optimization. The company operates through three segments of Air Pollution control technology, Fuel Chem technology, and Fuel conversion.

Air Pollution Control Contracts

The new contract orders include three orders for the company’s Ultra systems that are to be installed in coal and solid waste fired units in China. Delivery of the systems should begin in the third quarter. The other two orders are for the company’s NOxOUT® Selective Non-Catalytic Reduction (SNCR) systems of which deliveries are poised to begin in the first quarter of 2018.

Fuel Tech has also received an order for its Fuel Tech Inc (NASDAQ:FTEK)’s NOxOUT® SNCR technology to be installed at the U. S. facility. In Europe, the company will upgrade existing SNCR systems with deliveries set to be complete by the end of the fourth quarter.

“These orders reflect Fuel Tech’s ability to provide safe, cost-effective environmental and emission control solutions for units utilizing a variety of fuel sources, including natural gas and solid waste,” said Vincent J. Arnone, President and Chief Executive Officer of Fuel Tech.

The new Air Pollution contract orders add to Fuel Tech Inc (NASDAQ:FTEK) backlog that stood at $21.4 million at the end of June. The Company has so far received orders worth $29 million for the year. The Chief Executive Officer expects significant improvement in the company’s operating performance in the second half of the year, driven by reduced operating costs and backlog to revenue conversion.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $FTEK and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading. Steve keeps his head in the game by looking for, and writing about, small companies that often get overlooked by the big investment firms.

12 Retech Corp (OTCMKTS:RETC)

Can 12 Retech Corp (OTCMKTS:RETC) Go Even Higher?

12 Retech Corp (OTCMKTS:RETC)

12 Retech Corp (OTCMKTS:RETC) was up by 76% in Tuesday’s trading session, days after announcing it had retained the services of Ten Associates as its investor relations advisor. The rally also comes after the company discussed its vision for the future of retail and how it plans to generate revenues. The innovative retail technology company is also fresh from acquiring a 100% stake in 12 Japan Limited as it continues to expand its footprint in the industry.

12 Retech Corp (OTCMKTS:RETC)
15 day stock price chart for RETC.

12 Retech Corp (OTCMKTS:RETC) is a retail technology company focused on acquiring, developing marketing, and selling mobile application software. The company develops interactive technologies designed to get consumers back to brick and mortar shopping centers malls, train, bus stops and other high traffic areas. Its lead product is Hotchek which was designed to enable users easily engage with network audience.

12 Japan Acquisition

The signing of a Share Exchange Agreement for the acquisition of a 1% stake in 12 Japan Limited is poised to expand the company’s footprint into Japan. Pursuant to the agreement, the company is to issue 5 million shares of its common stock and 500,000 of its Series A preferred stock to finalize the transaction.

The acquisition will provide 12 Retech Corp (OTCMKTS:RETC) with access to 12 Japan’s operating assets that are currently generating licenses in Gitoya department store owned by prestigious retailer ITOYA of Tokyo Japan. The store installed 12 Retech’s USXS Mirror Technology on its sales floors thus helping sales personnel locate with ease products for shoppers.

“Our first benefits from introducing the USXS system at our main store is that our sales clerks can easily search any product in stock and check the inventory. This enables us to quickly find what the client is looking for, to confirm the inventory situation and to communicate with the staff in the warehouse,” said Mr. Akira Ito, President of ITO-YA Limited.

Separately, 12 Retech Corp (OTCMKTS:RETC) has engaged the services of Ten Associates to help enhance communications with the investing public. The firm will be responsible for dissemination of press releases speaking engagements at industry and financial conferences.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

Don’t miss out! Stay informed on $RETC and receive breaking news on other hot stocks by signing up for our free newsletter!

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance. James has interned with several investment professionals and hopes to pursue a career as a professional stock analyst after graduation.