Blox Inc. BLXX (OTCMKTS:BLXX) makes easy gains off Lows
Blox Inc (OTCMKTS:BLXX) has made nice gains today on record volume. Today BLXX traded from $0.04 to highs of $0.09 and is currently sitting around $0.08 pos.
Todays total $ volume is just under $40,000.00 but even that is more than its traded in a single day for more than a year. With little selling pressure todays gains of 70% could just be the beginning of a nice move back to prices around $0.35 and needless to say its not going to take much volume to really move BLXX.
If less than $40,000 in trade value can move BLXX 70%
BLXX could really have some potential over the near future and we will continue to be watching and updating our subscribers.
Business Description
Blox Inc. (“Blox”), is a publicly traded Resource Exploration and Development Company.
Blox Inc. is focused on West Africa and at present has three Gold concessions in Ghana and one Gold concession in Guinea.
Blox Energy aims to green the mining process by implementing renewable energy into its own production processes and ultimately into those of other bulk power consumers in West Africa.
Blox’s shares trade on the OTCQB under the symbol BLXX.
Blox Inc. is based out of Vancouver B.C. Canada
http://www.otcmarkets.com/stock/BLXX/quote
Almost Bitcoin, Bitcoin Investment Trust (OTCMKTS:GBTC)
Bitcoin without Owning Bitcoin, Bitcoin Investment Trust (OTCMKTS:GBTC)
Bitcoin Investment Trust (OTCMKTS:GBTC) is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The BIT’s sponsor is Grayscale Investments, a wholly-owned subsidiary of Digital Currency Group.
So for those of us that would like to invest/trade bitcoins but don’t want to have to deal with bitcoin wallets or transferring funds around you can easily use your current trading platform to purchase GBTC and trade just like any other stock.
https://www.otcmarkets.com/stock/GBTC/quote
Bitcoins Massive Run
Bitcoin has been on a massive run as of late with a value of more than $2,715 today per bitcoin and its not just the regular investors who are taking advantage of the opportunities presented with cryptocurrencies. Unless you have been hiding under a rock for the last few months you’ve heard someone or read something about Bitcoin and thats because its made a run from under $500 in 2015 to a current price of $2,715 6/20/17.
Im not going to try to explain what a bitcoin actually is because it seems that no longer matters, its the fact that the public, businesses, and even governments are beginning to recognize bitcoin is not going away.
What is a Bitcoin :
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy webhosting services, pizza or even manicures.
No one knows what will become of bitcoin. It is mostly unregulated, but that could change. Governments are concerned about taxation and their lack of control over the currency.
Blue Apron APRN vs Amazon (NASDAQ:AMZN)
Blue Apron (NYSE:APRN) offers customers a simple cook at home meal delivery service in a growing market where consumers demand home delivery options.
Founded in 2012, the New York based company has shown impressive growth through aggressive marketing and strategic partnerships with its vendors and consumers. Recently the company has show interest in the public markets and is currently poised to sell 30,000,000 shares around $15 – $17 per share.
Investors are having mixed emotions after Amazon (NASDAQ:AMZN) announced a bid to purchase Whole Foods (NASDAQ:WFM) Friday. Investors are worried that Amazons take over of Whole Foods could send he majority of food delivery service market share into the hands of the retail giant. With Amazons growing delivery service and delivery speeds along with the the brick and mortar Whole Foods locations a simpler & faster service is the obvious goal. Having a wide and cost-efficient distribution network for fresh food.
Blue Apron’s market is also faced with strong competition from HelloFresh, Purple Carrot, Sun Basket, and Green Chef to name a few.
As Blue Apron argues that its business model is different than Amazon’s service “Prime Fresh”, investors may be hard to convince , we will see…
DELIVERED DAILY, COOK AT HOME MEALS, FROM AMAZON, Prime Fresh by Amazon
Blue Apron’s offering is being led by Goldman Sachs, Morgan Stanley, Citigroup and Barclays. The company plans to list on the New York Stock Exchange under the ticker symbol APRN.
As of 6/20/17 Blue Apron plans to sell 30,000,000 shares around $15-$17 each
Blue Apron, which was founded five years ago by Matt Salzberg, Ilia Papas and Matt Wadiak, believes its rapid growth will be sufficient to entice investors, despite having never turned a profit. Blue Apron has fulfillment centers in Richmond, California, Jersey City, New Jersey, and Arlington, Texas and has also worked to increased its automation.
EYE’S ON TEMPUS APPLIED SOLUTION HOLDINGS (OTCMKTS:TMPS) TMPS
The share price of TEMPUS APPLIED SOLUTION HOLDINGS (OTCMKTS:TMPS) has soared over the last 5 days from a low of under $0.05 to a high of $0.50 on 6/19/17. Investors interest in TMPS is due to the recent purchase of the controlling portion by billionaire Johan Eliasch.
a little info on Johan Eliasch below :
Johan Eliasch (born February 1962), is a Swedish billionaire businessman, and the chairman and chief executive officer (CEO) of Head N.V.,[2] the global sporting goods group, and the former Special Representative of the Prime Minister of the United Kingdom.
He is on the board of directors of Equity Partners,[3] Aman Resorts,[4] London Films,[5] the Foundation for Renewable Energy and Environment,[6] Longleat and Acasta Enterprises. He is an advisory board member of Brasilinvest,[7] Societe du Louvre, Stockholm Resilience Centre, Capstar[specify], Centre for Social Justice and the British Olympic Association. He is a member of the Mayors of Jerusalem and Rome’s International Business Advisory Councils. He is the first president of the Global Strategy Forum,[8] a trustee of Cool Earth and a patron of Stockholm University.
He has also served on the boards of IMG (2006-13) and the British Paralympics Association, the sports advisory board of Shimon Peres Peace Centre, the advisory board of the World Peace Foundation. He was non-executive chairman and a non-executive director of Starr Managing Agents 2008-2015. He was non-executive chairman of Investcorp Europe 2010-2014. He was a trustee of the Kew Foundation 2010-2016. He chaired the Food, Energy and Water security program at RUSI 2010-2016. He was a member of the Mayor of London’s (Boris Johnson) International Business Advisory Council 2008-2016.
https://en.wikipedia.org/wiki/Johan_Eliasch
This sudden spike in TMPS comes just a month after Johan Eliasch made 2 purchases of almost 80,000,000 common shares with a current ownership of almost 90% of Tempus Applied Solutions Holdings. both purchases where made through his holding company Santiago Business Co. International Ltd.
TMPS has had little attention from investors for quite some time, slowly falling from $10.00PPS in 2015 to under $0.03 just a week ago. In the last few days TMPS daily volume has tripled day after day and become one of the top trading stocks on the OTC. Yesterday 6/19/17 had a increase of over 170% with almost 2,000,000 shares trading throughout the day giving early traders a great day.
https://www.otcmarkets.com/stock/TMPS/quote
TEMPUS APPLIED (OTCMKTS:TMPS) is headquartered in Williamsburg, Virginia, Tempus provides turnkey and customized design, engineering, modification and integration services, and operations solutions that support aircraft critical mission requirements for various international customers including the United States Department of Defense, other U.S. government agencies, foreign governments, and heads of state. Tempus designs and implements special-mission aircraft modifications related to intelligence; surveillance and reconnaissance systems; new generation command, control and communications systems; and VIP interior components. Tempus also provides ongoing operational support, including flight crews, maintenance, and other services to its customers.
Since taking over the majority interest in TEMPUS APPLIED SOLUTIONS HOLDINGS (OTCMKTS:TMPS) Johan Eliasch has broght in a new CFO Johan Aksel, a close business partner of Mr Eliasch.
Currently trading at a $35 + million market valuation TMPS has minimal cash and $12 million in current payables. The Company did $4,386,839 in revenues in the first q 2017 and has 10s of million in contracts on the books. TMPS is one exciting story, they are an established small to midsize DOD company in a very lucrative but difficult sector to get into. In this sector once a company like TMPS is established they often acquire other smaller companies to expand their footprint or the get bought out by one of the big 3 which are Boeing, Lockheed Martin, and Northrop Grumman who often pay anywhere from $300 million to $1 billion for companies of this size. We will be updating on TMPS when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TMPS.
Under the sub-contract, Tempus will utilize highly modified turbo prop aircraft and will provide all flight crew, maintenance services, logistics support and secure facilities. Tempus expects to conduct more than 1,500 mission hours annually in support of the NORTHCOM CN> mission. “Supporting NORTHCOM and Patriot Group with our unique aviation assets and dedicated professional aviators and technicians is a mission that we are proud and honored to be a part of” stated Tempus Chief Executive Officer, Scott Terry.
Aurora Cannabis Inc. (OTCMKTS:ACBFF) ACBFF leading the way for Cannabis companies?
Today (OTCMKTS:ACBFF) Aurora Cannabis had gains of more than 7% on news that they will be making investments in Hempco HEMP.V
Both of these companies are leading the way in the cannabis industry. With growing interest from consumers and manufactures alike, hemp products are trending and investors are begging to be part of this movement.
VANCOUVER and BURNABY, BC , June 8, 2017 /CNW/ – Aurora Cannabis Inc. (the “Company” or “Aurora”) (ACB.V) (ACBFF) ( Frankfurt : 21P; WKN: A1C4WM) and Hempco Food and Fiber Inc. (“Hempco”) (HEMP.V) are pleased to announce that Aurora will be making a strategic investment in Hempco for an ownership stake of up to 19.9% on a fully diluted basis, subject to Regulatory and Board approvals, as well as satisfactory completion of due diligence. Additionally, subject to customary conditions, Aurora will obtain an option to acquire shares from the majority owners of Hempco that, upon exercise of the option, will bring Aurora’s total ownership interest in Hempco to 50.1% on a fully diluted basis.
This news brought hungry investors into both ACBFF and HEMP.V with gains in ACBFF of more than 7% and HEMP.V showing double digit gains around 14%.
Hempco is one of the world’s largest industrial producers of hemp and hemp products, and currently offers three primary product lines: (1) bulk and packaged food products (e.g. hemp protein powder, hemp seeds or hearts, hemp oil etc.); (2) hemp fibre; and (3) nutraceuticals. Hempco’s line of packaged foods are sold under the brand “Planet Hemp” and are distributed globally in seven countries.
The target market for these products includes, but is not limited to, health conscious consumers, including vegetarians seeking to supplement protein and reduce or eliminate animal product intake, as well as an increasing number of consumers focused on managing and preventing a variety of health issues through a healthy diet, known as “LOHAS”, Lifestyles of Health and Sustainability, and “millenials” looking for clean and “green” products.
In August of 2016 ACBFF was sitting around $0.35 a share but just a few months later it hit a high around $2.70 in the middle of November. Over the next 6 months ACBFF bounced between $1.70 and $2.65 with average volume over the last 30 days around 490,000 shares. Just in the last week some heavy than normal selling brought the PPC to a low of $1.50
We will continue to watch ACBFF over the short term and keep you updated on any changes that deserve your attention.