With Bitcoin surging past $11,000 on weekend trading, it looks like it will be a bullish time for cryptocurrency stocks. One stock to look out for is Fintech Select (SLXXF) (FTEC.V). If you like our picks make sure to follow our blog by clicking the follow button on the top of the left hand panel. We are up to 461 followers despite not giving out a lot of alerts, a fact that we think is indicative of a diligent and prudent stock picking history. If you would like to share this blog, make sure to use the URL "nasdaqnewsreports.blogspot.mx" as certain spam filters on social media don't let you post blogspot.com addresses.
Fintech Select is creating a network of thousands of cryptocurrency point of sales locations across Canada. Several of them are up and running already which can be seen at selectcoin.io. The company is paying off old debts, including a big one announced last week at a discount and increasing revenue in its existing fintech businesses as well as its start-up cryptocurrency division. For all the good that it is doing, it is trading at a very cheap market cap of only $15 million Canadian. SLXXF isn't very liquid but FTEC trades frequently in Canada. The company announced the following last Thursday:
Fintech Select Ltd. (“Fintech Select” or the “Company”) (TSX-V:FTEC) wishes to advise the investor marketplace that Fintech Select, through its fully owned Cryptocurrency division Selectcoin.io, offers key differentiators from its peer competitors. Namely, we are not a third party but rather the owners of the large POS network across Canada.
Given this direct-to-consumer business model, our revenue models are robust and fall generally in the realm of 10-12% margins. Peer competitors are mostly middle men or third party processors, which are low margin businesses. Fintech Select is exploring the possibility of owning its own Cryptocurrency exchange. This will enhance the margins to an even greater degree as we will be able to control the spread between the buy and the sell.
Furthermore the company is also looking at geographic expansion for our POS network outside of Canada as the demand for buying Cryptocurrencies has been escalating across many regions.
The Company also wishes to announce that multiple updated features regarding the process of purchasing Cryptocurrency through its POS network will be launched next week.
As we remain focused on our technical infrastructure we also believe that we are at the right point of the Company’s evolution to be engaged in multiple investor relation campaigns across North America as to shed light on the Company and its disruptive technologies. These campaigns will be multifaceted including further reaching press release dissemination across multiple Cryptocurrency & investor focused websites, CPM based digital advertising, retargeting campaigns, advertorials, newsletters and more press coverage.
Mohammad Abuleil, President and CEO of Fintech Select, issued the following comment, "We believe that Fintech Select is undervalued due to the lack of market comprehension relative to our business model versus peer competitors. We are the outright owners of our POS network, whereas most companies are third party processors. To date, we have enjoyed good transactional traction with the stores that are operational and we expect to grow the store footprint at an accelerated pace once the new features and additions of the Cryptocurrency platform that we have been working on are implemented.”
FTEC had a full retracement of its stock price from $0.60 all the way down to $0.18, but we think that this stock returns to $0.60 in Canada reasonably soon after all this good news and as bitcoin is hot again
Bitcoin has gone from a concept worth pennies a few years ago to worth thousands of dollars, and with it rebounding past $11,000 again it looks like it has continued on its bullish cycle. It may appear to some who are late to the game that the opportunity to get rich is gone. However, there are still plenty of ways to make some money trading in bitcoin and other cryptocurrency. Here are some links to valuable reports and strategies:
The Cryptocurrency Codex from the Cryptocurrency Institute
Secrets To Unlimited Free Bitcoin
The Crypto-Currency Evolution eBook
Bitcoin Complete Guide for Dummies
The Bitcoin Miracle Guide
The Bitcoin Cheat Code Book
The Crpytocurrency Course
Bitcoin Investing Live
Disclosure: We are long stocks listed in this report.
If you're interested in making money investing or trading the stock market, here are some good resources to assist you. This includes technical analysis, investing in the weed sector, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies.
Microcap Millionaires Free Video: Cheap Gold Miner Set to Soar in Fall 2017
The dividend stock report from dividendstocksonline.com
Fintech Select is creating a network of thousands of cryptocurrency point of sales locations across Canada. Several of them are up and running already which can be seen at selectcoin.io. The company is paying off old debts, including a big one announced last week at a discount and increasing revenue in its existing fintech businesses as well as its start-up cryptocurrency division. For all the good that it is doing, it is trading at a very cheap market cap of only $15 million Canadian. SLXXF isn't very liquid but FTEC trades frequently in Canada. The company announced the following last Thursday:
Fintech Select Ltd. (“Fintech Select” or the “Company”) (TSX-V:FTEC) wishes to advise the investor marketplace that Fintech Select, through its fully owned Cryptocurrency division Selectcoin.io, offers key differentiators from its peer competitors. Namely, we are not a third party but rather the owners of the large POS network across Canada.
Given this direct-to-consumer business model, our revenue models are robust and fall generally in the realm of 10-12% margins. Peer competitors are mostly middle men or third party processors, which are low margin businesses. Fintech Select is exploring the possibility of owning its own Cryptocurrency exchange. This will enhance the margins to an even greater degree as we will be able to control the spread between the buy and the sell.
Furthermore the company is also looking at geographic expansion for our POS network outside of Canada as the demand for buying Cryptocurrencies has been escalating across many regions.
The Company also wishes to announce that multiple updated features regarding the process of purchasing Cryptocurrency through its POS network will be launched next week.
As we remain focused on our technical infrastructure we also believe that we are at the right point of the Company’s evolution to be engaged in multiple investor relation campaigns across North America as to shed light on the Company and its disruptive technologies. These campaigns will be multifaceted including further reaching press release dissemination across multiple Cryptocurrency & investor focused websites, CPM based digital advertising, retargeting campaigns, advertorials, newsletters and more press coverage.
Mohammad Abuleil, President and CEO of Fintech Select, issued the following comment, "We believe that Fintech Select is undervalued due to the lack of market comprehension relative to our business model versus peer competitors. We are the outright owners of our POS network, whereas most companies are third party processors. To date, we have enjoyed good transactional traction with the stores that are operational and we expect to grow the store footprint at an accelerated pace once the new features and additions of the Cryptocurrency platform that we have been working on are implemented.”
FTEC had a full retracement of its stock price from $0.60 all the way down to $0.18, but we think that this stock returns to $0.60 in Canada reasonably soon after all this good news and as bitcoin is hot again
Bitcoin has gone from a concept worth pennies a few years ago to worth thousands of dollars, and with it rebounding past $11,000 again it looks like it has continued on its bullish cycle. It may appear to some who are late to the game that the opportunity to get rich is gone. However, there are still plenty of ways to make some money trading in bitcoin and other cryptocurrency. Here are some links to valuable reports and strategies:
The Cryptocurrency Codex from the Cryptocurrency Institute
Secrets To Unlimited Free Bitcoin
The Crypto-Currency Evolution eBook
Bitcoin Complete Guide for Dummies
The Bitcoin Miracle Guide
The Bitcoin Cheat Code Book
The Crpytocurrency Course
Bitcoin Investing Live
Disclosure: We are long stocks listed in this report.
If you're interested in making money investing or trading the stock market, here are some good resources to assist you. This includes technical analysis, investing in the weed sector, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies.
Microcap Millionaires Free Video: Cheap Gold Miner Set to Soar in Fall 2017
The dividend stock report from dividendstocksonline.com
The dividend stock report from Dividend Stocks Rock
Top rated signals for binary options from binaryoptionsprosignals.com
Goldmasterinvesting.com Ocean Of Gold Report for the top 15 gold mining companies
Trader Review shows how to time the market with its "Percent of X" indicator
The Trader's Academy Club
The Wealth Builder's Club from beatthemarketanalyzer.com
MyBB: A Forum For Investors and Traders
Spartan Trader Forex Academy Live Daily Trading Room
Try the Z Code System if you're looking for other ways to make money systematically outside of the stock market.
Top rated signals for binary options from binaryoptionsprosignals.com
Goldmasterinvesting.com Ocean Of Gold Report for the top 15 gold mining companies
Trader Review shows how to time the market with its "Percent of X" indicator
The Trader's Academy Club
The Wealth Builder's Club from beatthemarketanalyzer.com
MyBB: A Forum For Investors and Traders
Spartan Trader Forex Academy Live Daily Trading Room
Try the Z Code System if you're looking for other ways to make money systematically outside of the stock market.
Nice post. I was checking constantly this blog and I’m impressed! Extremely useful info specially the last part I care for such information a lot. I was seeking this certain info for a long time. Thank you and good luck. Hidden Secrets of Cryptocurrency
ReplyDelete