SI Newswire Press Releases Latest Press Releases from SI Newswire Kredivo Announces Plans to Become Publicly Traded Company via Merger with VPC Impact Acquisition Holdings II (VPCB) <p><a href="">(SI Newswire)</a> FinAccel, the parent of Kredivo, the leading AI-enabled digital consumer credit platform in Southeast Asia, and VPC Impact Acquisition Holdings II (NASDAQ: VPCB) (“VPCB”), a special purpose acquisition company sponsored by Victory Park Capital (“VPC”), today announced that they have entered into a definitive agreement for a business combination that will result in FinAccel becoming a publicly traded company with an expected pro forma equity value of approximately $2.5 billion, assuming no redemptions.</p><p> </p><p>Kredivo provides customers instant credit financing for e-commerce and offline purchases, as well as personal loans, based on proprietary, AI-enabled real-time decisioning. With nearly 4 million approved customers today and a presence across eight of the top 10 e-commerce merchants in Indonesia, it is the largest and fastest growing buy now, pay later (BNPL) platform in Indonesia today, with plans to expand into regional markets such as Vietnam and Thailand in the near future. Kredivo serves a target segment that comprises the rapidly growing middle class of Indonesia, with interest rates that are amongst the lowest in the country, and an application and approval process that takes as little as two minutes.</p><p>Kredivo has a track record of being a superior solution for online and offline merchants. With less than 10% of the middle class in Indonesia in possession of a credit card, merchants partner with Kredivo to help increase customer spend. Surveyed merchants that partner with Kredivo experience more than double the average basket size, up to three times more frequent transactions, and over 50% of these merchants say Kredivo helps increase cart conversion rate during checkout.</p><p>“As the top <i>buy now, pay later</i> platform in Indonesia, Kredivo is an established force in the large and rapidly growing point of sale financing market,” said Akshay Garg, Co-Founder and CEO of FinAccel. “Unlike Western markets where credit is readily accessible, traditional banks in Southeast Asia have historically provided little consumer credit in our markets, which creates a large opportunity for Kredivo to tap into other credit needs, such as personal loans, and fulfill our vision of providing fast, affordable, and easily accessible credit to tens of millions of customers in the region. Considering that 66% of Southeast Asia’s population is unbanked or under-banked, we also see a very attractive opportunity to serve these customers with other financial services, outside of credit. We are proud to have the continued support of our longstanding investors in our pursuit to realize our long-term vision and growth strategy.”</p><p>Victory Park Capital, a global investment firm headquartered in Chicago, has a long track record of executing debt and equity financing transactions with some of the largest, most innovative global fintech companies. VPC and Kredivo have a long-standing relationship, with VPC providing an initial $100 million credit facility to the company in July 2020 and upsizing it to $200 million in June 2021. In addition, VPC and its limited partners have invested approximately $30 million into the PIPE and are committed to a two-year lockup on their sponsor shares, unless otherwise accelerated based on average trading performance measures beginning one-year following the closing. VPCB completed its initial public offering in March 2021.</p><p>“Since our initial investment in 2020, we continue to be impressed by Kredivo’s rapid growth and strong credit metrics and unit economics,” said Gordon Watson, Co-CEO of VPCB and Partner at VPC. “The company has created an impressive platform that enables it to expand into new markets. Its world-class management team has a proven ability to not only execute on its strategy, but also revolutionize fintech across Southeast Asia.”</p><p>FinAccel has been backed by high-quality investors including Square Peg, Mirae Asset, NAVER, Jungle Ventures, GMO Internet, and Telkom Indonesia.</p><p><b>Kredivo Highlights</b></p><ul class="bwlistdisc"><li>Operates within a fast-growing e-commerce market (over 20% per annum) with the potential for $145B NMV by 2025</li><li>Accelerating growth momentum with total user base doubling in the last 10 months and annualized revenue doubling in the last seven months</li><li>Market leader with at least 50% BNPL wallet share across most of the major Indonesian e-commerce merchants</li><li>Average customer transacts 25x per year on the platform, a far higher engagement rate than global peers</li><li>Globally proven open-loop payments model with attractive unit economics</li><li>Deep regulatory moat with licenses in core and expansion markets</li><li>Proprietary AI-enabled risk models and collections processes delivering risk metrics in line with banks’, and the ability to scale risk models in other similarly credit deficient regional markets</li><li>Brings demonstrable value and has a track record of being a superior solution for online merchants with 100% digital UX and automation</li><li>Durable growth vectors with a clear pathway to synergistic expansion opportunities</li></ul><p><b>Key Transaction Terms</b></p><p>Upon completion of the transaction, the combined company is expected to have a pro forma equity value of approximately $2.5 billion, assuming no redemptions. It is expected to result in over $430 million of cash on the combined company’s balance sheet, reflecting a contribution of up to $256 million of cash held in VPCB’s trust account (assuming none of VPCB’s stockholders redeem their shares), a $120 million concurrent private placement (PIPE) led by Marshall Wace, Corbin Capital, SV Investment, Palantir Technologies, Maso Capital, and sponsor VPC, with a concurrent equity commitment of $55 million from existing FinAccel investors NAVER (through NAVER Financial) and Square Peg.</p><p>The proposed business combination has been unanimously approved by the respective Boards of Directors of Kredivo and VPCB, and is subject to approval by VPCB’s stockholders, regulatory approvals and other customary closing conditions. The business combination is expected to close no later than the first quarter of 2022.</p><p>A more detailed description of the business combination and a copy of the Business Combination Agreement will be included in a Current Report on Form 8-K to be filed by VPCB with the United States Securities and Exchange Commission (the “SEC”). VPCB will also file a registration statement (which will contain a proxy statement/prospectus) with the SEC in connection with the business combination.</p><p><b>Advisors</b></p><p>Goldman Sachs (Singapore) Pte. is serving as financial advisor and Cooley LLP is serving as legal advisor to Kredivo. Citigroup is serving as capital markets advisor to VPCB and Citigroup, Jefferies, and Goldman Sachs (Singapore) Pte. are serving as co-placement agents on the PIPE. White & Case LLP is serving as legal advisor to VPCB.</p><p><b>Management Presentation</b></p><p>An on-demand investor webcast hosted by the management teams of Kredivo and VPC Impact Acquisition Holdings II discussing the proposed business combination can be accessed by visiting <span data-silink="1" target="_blank" rel="nofollow" href=";;esheet=52470145&amp;newsitemid=20210802005686&amp;lan=en-US&amp;;index=1&amp;md5=d652263ded7dcc4942c821faca296991" shape="rect"></span>.</p><p>For materials and information, visit <span data-silink="1" target="_blank" rel="nofollow" href=";;esheet=52470145&amp;newsitemid=20210802005686&amp;lan=en-US&amp;;index=2&amp;md5=b11a9e8634ec3b685186398e729a8e4d" shape="rect"></span> for Kredivo and <span data-silink="1" target="_blank" rel="nofollow" href=";;esheet=52470145&amp;newsitemid=20210802005686&amp;lan=en-US&amp;;index=3&amp;md5=f3fd213038f88719d6368bdf4e86250c" shape="rect"></span> for VPCB. VPCB will also file the presentation with the SEC as an exhibit to a Current Report on Form 8-K, which can be viewed on the SEC’s website at <span data-silink="1" target="_blank" rel="nofollow" href=";;esheet=52470145&amp;newsitemid=20210802005686&amp;lan=en-US&amp;;index=4&amp;md5=a076cd318c2f7ea6460f3334a7abd86e" shape="rect"></span>.</p><p><b>Forward-Looking Statements</b></p><p> </p> Business Mon, 02 Aug 2021 16:03:31 -0400 New Book 'Conquering COVID-19: Sinovac, An Unlikely Hero' Out February 1 <p><a href="">(SI Newswire)</a> BOSTON – A new book telling the rough-and-tumble rise of China’s Sinovac Biotech will be published on February 1.</p><p>Sinovac plans to manufacture 1 billion doses of its COVID-19 vaccine, CoronaVac, this year, making it one of the top producers in the world.</p><p>The author, fund manager Peter Halesworth, has witnessed Sinovac’s rise to the forefront of the fight against COVID-19. Despite the ups and downs portrayed in the book, Sinovac is now seen as a major ally in the global fight against the pandemic. The company also displays China’s scientific prowess by supplying nations across three continents with CoronaVac.</p><p>Highlights of “Conquering COVID” include:</p><ul><li>How Sinovac’s experience in the early 2000s with SARS (Severe Acute Respiratory Syndrome) positioned it for its relative, COVID-19, today.</li><li>How Sinovac, once ignored by Wall Street, is being transformed by COVID-19.</li><li>How a battle for control of Sinovac has frozen the company’s value during an incredible bull run in COVID-19 vaccine stocks</li></ul><p> A website for the book is available via this link: <a target="_blank" href=""></a></p><p>Any questions about the book “Conquering COVID” should be sent to <a target="_blank" href=""></a></p> Business Fri, 29 Jan 2021 06:32:47 -0500 Robinson Capital International, LLC <p><a href="">(SI Newswire)</a> Wes Robinson, Chairman and CEO of Robinson Capital International, LLC, is pleased to announce that our branding exercise has been successfully designed and implemented by Nick Hall and the crew at Nick and his team were thorough, responsive, creative, and I’m very pleased with their expertise.</p><p>Robinson Capital provides the vital capital infusions that quality, proven business enterprises require to finance their next phase of growth and move forward along their upward trajectory of expansion and prosperity.</p><p>At Robinson Capital International, LLC - "Our Money is on You"</p><p>Wes Robinson Robinson Capital International, LLC Phone: +1 (305) 834-7035 Email: <a target="_blank" href=""></a> Web: <a target="_blank" href=""></a> Skype: LinkedIn: <a target="_blank" href=""> </a>Audio Interview: <a target="_blank" href=""></a></p> Business Fri, 17 Apr 2020 10:16:30 -0400 TFC Title Loans Offers the Best, Most Affordable Loans During the 2020 Novel Coronavirus [COVID-19] Pandemic <p><a href="">(SI Newswire)</a> Business closures have left many unemployed and in desperate need of financing during the Coronavirus pandemic. Though some businesses are working with the government to keep their employees financed, a large majority of workers have been left without a source of income.</p><p>TFC Title Loans has a distinct advantage through these uncertain times, as our doors remain open to help others obtain emergency financing. Though Congress has passed a $2 trillion stimulus plan, millions of people will still be underfunded when the relief checks are disbursed. Finding supplementary resources will prove to be difficult for countless citizens. For the already disenfranchised, traditional lenders like banks and payday loan offices make it extremely difficult to access emergency loans. That’s where TFC Title Loans comes in! Learn more at <a target="_blank" href=""></a></p><p>TFC Title Loans has gone the extra mile when it comes to participating in the campaign to provide financial relief to all who have been affected by the COVID-19 pandemic. Flexible interest rates and large loan amounts are being offered to those seeking financial assistance. Using only the equity within your vehicle, you can secure thousands of dollars to purchase groceries, medicine, and other essential items needed to make it through these difficult times. Apply for an online loan at <a target="_blank" href=""></a></p><p>Even without a verifiable source of regular income, you can still qualify for a car title loan. Though you might be currently unemployed, proof of social security, disability, etc. can be used to qualify for an auto title loan. Furthermore, if your credit score has been tarnished due to the novel Coronavirus pandemic, you can still get an easy-to-use title loan. As stated above, TFC Title Loans lends based on the equity value of your vehicle. Therefore, your poor credit score is not a concern. Read more at <a target="_blank" href=""></a></p><p>Begin the car title loan process by submitting an online application. The sooner you apply, the sooner you will be awarded fast money against the value of your vehicle. TFC Title Loans can deliver your loan via personal check, direct deposit, or MoneyGram. No one should be left without financial recourse in this time of crisis. This article is brought to you by <a target="_blank" href=""></a></p> Business Mon, 13 Apr 2020 15:00:00 -0400 LEAGUE OF WOMEN VOTERS NYC WILL HONOR NYSE HEAD STACEY CUNNINGHAM AND TENNIS LEGEND BILLIE JEAN KING <p><a href="">(SI Newswire)</a> New York City, NY -- The League of Women Voters of the City of New York, marking the 100th anniversary of the League, will pay tribute to the women who fought for the right for women to vote by honoring two New Yorkers who have broken barriers in their own fields: Stacey Cunningham, President of the New York Stock Exchange, and Billie Jean King, founder of the Billie Jean King Leadership Initiative. Both women will be honored on Tuesday May 21st at a celebration at the Roosevelt Hotel, 45 East 45th Street, from 6pm to 8pm.</p><p>Stacey Cunningham is the President of the NYSE Group which includes the New York Stock Exchange and a diverse range of equity and equity options exchanges, all wholly owned subsidiaries of Intercontinental Exchange (NYSE: ICE). She is the 67th President and the first woman to lead the NYSE Group. Ms. Cunningham began her career on the NYSE trading floor where she served as a specialist. Prior to joining NYSE, Ms. Cunningham held several senior positions at NASDAQ.</p><p>Billy Jean King was named one of the “100 Most Important Americans of the 20th Century” by Life magazine and was a 2009 recipient of the Presidential Medal of Freedom. She is the founder of the Billie Jean King Leadership Initiative, the co-founder of World Team Tennis and part of the ownership group of the Los Angeles Dodgers and the Los Angeles Sparks. She founded the Women’s Sports Foundation and the Women’s Tennis Association. Ms. King serves on the board of the Women’s Sports Foundation and is a past member of the board of the Elton John AIDS Foundation and a past member of the President’s Council on Fitness, Sports and Nutrition.</p><p>The League of women Voters of the City of New York, founded in 1919, encourages informed and active participation in government, works to increase understanding of major public policy issues, and influences public policy through education and advocacy. For sponsorship information and ticket prices call 212,725,3541 or go to <a target="_blank" href=""></a></p> Business Wed, 27 Mar 2019 16:08:36 -0400 Activist says shares of NTN Buzztime are undervalued, sends letter to Board of Directors <p><a href="">(SI Newswire)</a> Shareholder turns activist on NTN Buzztime after the Company's inability to grow sales over the years. Investor, Sean Gordon, views the stock of NTN as undervalued, with the potential to be worth $25.00 - $50.00. In a letter to the Board of Directors, he requests himself to be nominated to the Board and for the Company to grant shareholders proxy access. The text of the email is set forth below (NYSE American: NTN):</p><p>NTN Buzztime Inc.</p><p>Dear Members of the Board:</p><p>I hold 8.63% of the common stock of NTN Buzztime, Inc. (the “Company”). I have also participated in an ongoing private dialogue with the Company’s management, including Board Chairman Jeff Berg and CEO Ram Krishnan, regarding the Company’s sales strategies and lack of sales execution to increase its net site count and net revenue growth. Although I have enjoyed these conversations and have appreciated the opportunity they afforded me to discuss sales ideas and suggestions, they unfortunately did not yield a change of management’s failed sales strategies and tactics. Instead, these discussions only validated why net site count growth and net revenue growth have been elusive to the Company for the past 10 years. While the Company’s track record speaks for itself, it has become clear that sales skills are not central to the core DNA of the Company or the Board of Directors, and as a result the Company has only been able to survive but not thrive with its current composition and mindset.</p><p>In particular, I am troubled by the Company’s relentless dependence on a single large customer, albeit a great legacy customer with strong organic growth of its own. In addition, on every earnings call there is a false narrative of potential new sales growth, to be driven by the Company’s latest & greatest marketing tactics and product releases – all of which haven’t cumulatively increased net site count or net revenue in approximately ten years (as of 12/31/07). In fact, the complete opposite has occurred over the past decade as the Company has suffered a 30% reduction in net site count, a 25% reduction in net revenue, has squandered $30 million in accumulated losses, and had its stock depreciate by 83% from $31.00 to $5.41 (as of 1/22/18) – all while the broader stock market continues to hit record highs. Finally, this has all occurred in spite of the growth of the Company’s largest customer, without which a more severe reduction in the Company’s net site count would reveal an even wider loss closer to 50%.</p><p>Clearly after a decade of losing its grip on its core gaming market and also moving too tepidly into adjacent markets (thus allowing competitors to materialize and in some instances build moats), it is time for visionary thinking, and most definitely, a Board that is acutely focused on improving sales execution. The days of the Company relying on 1) financial tricks such as reverse/forward stock splits, shareholder dilution, endless cost cutting; 2) marketing and sales tricks such as player partnerships that are de-minimis to net revenue & net site count growth, along with vague sales strategies as outlined in the Company’s disclosure filings & earnings calls; and 3) the endless excuses as to why sales ultimately never materialize – must finally come to an end. Thus, the time for corrective sales action is now.</p><p>In seeking to rectify the concerning issues outlined above, I propose two items be placed before shareholders to vote upon during the upcoming 2018 annual meeting of stockholders.</p><p>First, I nominate myself as a candidate for election to the Board of Directors of the Company at the upcoming 2018 annual meeting of stockholders. By leveraging my 20 years’ experience as a dedicated sales professional (see my biography on the next page), I would add a critical core competency that is currently lacking in the Board of Directors. Furthermore, I offer numerous complimentary skills such as strategic planning, business building, e-commerce, operations, and in-depth knowledge of the financial markets. Finally, I have been a stockholder in the Company for approximately nine years, have participated in the Company’s November 2016 registered direct offering, and have followed the Company along with its competitive landscape since 1991.</p><p>Please find my personal biography as follows: Sean Gordon was a Managing Director of Barclays Capital and the Head of U.S. Retail Sales for Alternative Investments from 2001-2013. In this capacity, he built the firm’s Retail Division from the ground up, turning a niche business into a market share leader. He increased product sales from $200 million to $5 billion+ by leveraging internal & external stakeholders including his clients, sales teams, product engineering, operations, accounting, legal, compliance, information technology, e-commerce, etc. From 1994-2001, he worked at UBS as Director of Retail Credit Sales, with one year as the U.S. Head of E-commerce to scale his unit’s sales model to the firm’s entire Fixed Income Division. From 1990-1994, he worked at Morgan Stanley in their Accounting Department. Sean Gordon holds a BA in Finance and an MBA in Management. Finally, Mr. Gordon has over 25 years of experience as a professional investor & is currently active in a portfolio of investments.</p><p>In summary, my background, experience, sales core, and keen interest in the Company have provided me with a strong understanding of the market the Company competes in, what it takes for the Company to succeed, and the skills & passion that are needed to help the Company and its stock thrive. Currently the Company’s stock trades at $5.41 (as of 1/22/18), yielding a market cap of $13.6mm, which is roughly 61% of its annual sales. In comparison, the average technology company trades at 3x or 300% of annual sales, which would equate to a stock price of approximately $26.61. Not to mention, if net revenue growth was targeted more aggressively than the 5% level the Board sets for executive bonus compensation (a low bar it can’t even reach), the stock could potentially move higher towards $50.00+.</p><p>Secondly, I propose for the Company to give shareholders direct access to the Company’s proxy materials. This would permit a single shareholder or group of up to 20 shareholders that hold more than 3% of the Company’s stock for more than 3 years to be eligible to nominate director candidates for up to 20% of the Company’s Board seats. This proposal would result in numerous benefits as follows:</p><p>- All shareholders would be afforded a more balanced & inclusive approach in the Company’s Board selection process.</p><p>- Direct proxy access would make it significantly easier (and less costly) to present shareholders with meaningful choices regarding board composition.</p><p>- A shareholder activist trend is developing; therefore, voluntarily adopting proxy access bylaws to avoid a public relations backlash and preempt activists can in turn conserve company resources (i.e., time, money, management resources).</p><p>- It would be easier (and less political) for Boards to replace underperforming directors, as directors are increasingly expressing dissatisfaction with their fellow directors.</p><p>- The leading proxy advisory firms ISS and Glass Lewis staunchly support proxy access.</p><p>As a long-term shareholder, I am committed to my investment in the Company. As such, I strongly believe it is time to take urgent action to address the Company’s sales-related challenges. A commitment from the Board to pursue an accelerated path towards increasing net site count, material net revenue growth (outside of its largest customer), and a laser focus on efficient sales execution is urgently needed.</p><p>I look forward to the Board’s prompt consideration of my proposals to nominate myself as a candidate for election to the Board of Directors of the Company and to grant greater access for shareholder-proposed director nominees via proxy access. I believe the approval of both proposals will reward shareholders with the opportunity for significant value creation.</p><p>Sincerely,</p><p>Sean Gordon (contact email:</p><p>SEC 13D Filing: <a target="_blank" href=""></a></p> Business Mon, 12 Feb 2018 09:45:04 -0500 Putting a stop to the binary options scam <p><a href="">(SI Newswire)</a> In less than 10 years the binary options industry has gone from a concept, to a business opportunity, to an industry, to a multibillion dollar global crime wave. Now the authorities in the countries where these unregulated binary operations function, including Israel, United Kingdom and Canada, have set down new laws in the hope that this will put a stop to a criminal operation that is out of control.</p><p>Unfortunately, in reality, the binary scammers are closing their operations in the aforementioned countries and moving to a jurisdiction where the regulators either don’t care or haven’t the regulation to stop them. There are currently successful individuals and companies <a target="_blank" href="">fighting on behalf of binary options victims</a> to recover their money.</p><p><strong>Binary Options in 2018 </strong></p><p>Having been outlawed in their major countries of operation, the people behind the binary options scam are moving to alternative jurisdictions that allow them to continue. The first phase of this move began a couple years ago as the combination of low wages and no regulation made countries like Ukraine or Bulgaria very attractive. The official outlawing will lead to a mass exodus as it becomes impossible and illegal to continue operating from Israel, UK, US or Canada. Many of these companies are now pivoting their operation, promoting CFD stocks and cryptocurrencies as the “new investment tool to make you a fortune from a $250 investment”.</p><p>Recently, Spot Option – the number one platform provider for binary options companies declared <a target="_blank" href="">that they will be ceasing any and all binary options trading</a> and focusing solely on CFDs and cryptocurrencies. The fear amongst consumers and regulators is that this is the same scam wrapped up in a different package. Only time will tell, but Spot Option were one of the first to move out of Israel, setting the trend for 2018.</p><p><strong>Bad investment vs. Fraud</strong></p><p>One of the crucial aspects of the binary options scam is the client realizing that they have been a victim of fraud, not that they were unlucky in their investment. The difference is huge and those behind binary options fraud are desperate to keep their victims in the dark.</p><p>If you are the victim of an ill-advised investment, it is an unfortunate situation, but not necessarily illegal. Being the victim of fraud is something else entirely. The perpetrators of the fraud are acting illegally and can face prison for their actions. This is the current situation with the CEO of an unregulated binary options brand who was arrested recently by the Federal Bureau of Investigation (FBI). In the affidavit of the arrest, it insinuates to the platform providers being implicit in the fraud operation, increasing or decreasing the “risk” of investment in order to build up and then clear out the client’s funds.</p><p><strong>Can the victims get their money back? </strong></p><p>Yes.</p><p>If you have been the victim of an unregulated binary options scam then you are 100% eligible according to the law to recover what was stolen from you. With the right approach and evidence of the fraud you were a victim of, you can recover your money. Those behind the binary options scam want to sell the idea that what happened to you was an ‘unfortunate investment’ when in reality what happened to you was theft via elaborate means.</p><p>If you were the victim or know a family member or friend who was a victim of binary options fraud, you should speak to a financial fraud expert - it is not too late to recover your money.</p><p>Update* - There have been complaints and reports from victims of the binary options scam being approached by fraudulent recovery companies. This is where, in a desperate attempt to avoid paying back these individuals, binary options scam companies <a target="_blank" href="">will pose as recovery companies</a> when in fact it is at best a stall tactic, and at worst, another scam.</p> Business Wed, 06 Dec 2017 12:56:49 -0500 SHAREHOLDER ALERT: Brownstein Law Group, PC Announces an Investigation of The Board of Directors of ClubCorp Inc. (NYSE: MYCC) <p><a href="">(SI Newswire)</a> SAN FRANCISCO, Ca., July 14, 2017 -- Brownstein Law Group, PC (<a target="_blank" href=""></a>), a firm focusing on shareholder litigation, gives notice to shareholders of investigation into the following securities for violations of the Federal and State Securities Laws:</p><p>ClubCorp Holdings Inc. (NYSE: MYCC)</p><p>The firm is investigating potential claims against the Board of Directors of ClubCorp Holdings Inc. (NYSE: MYCC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to affiliates of Apollo Global Management ("Apollo").</p><p>Under the terms of the transaction, ClubCorp shareholders will receive only $17.10 in cash for each share of ClubCorp stock they own. The investigation concerns whether the Board of ClubCorp breached their fiduciary duties to shareholders and whether Apollo is underpaying for the Company. The transaction may undervalue the Company and would result in no real gain or a loss for many ClubCorp shareholders.</p> Business Fri, 14 Jul 2017 14:06:42 -0400 Trading Apps: the Future of Mobile Trading <p><a href="">(SI Newswire)</a> These days there are many ways to trade CFDs online; through downloadable software, browser-based trading platforms, or via a wide range of apps.</p><p>Today, many investors agree mobile trading represents the most exciting and versatile means of buying and selling CFDs. Mobile trading enables fast decision making, wherever and whenever you want, and is supported by advanced charts and up-to-the-minute indicators, all in the palm of your hand.</p><p><strong>Past and Future</strong></p><p>As recently as 2010, <strong><a target="_blank" href="">trading apps</a></strong> would frequently crash, and the information they supplied was often useless, primarily due to delays spanning a few seconds or up to several minutes, following initial price movements. This meant many traders would miss out on the critical initial periods of volatility when the biggest profits can be earned.</p><p>However, since then smart device uptake has advanced exponentially, to the point where almost everyone owns a smartphone or tablet today. Meanwhile, online brokers have invested heavily in research and development, creating better and faster mobile applications which allow traders to make full use of the real-time financial, economic, and political updates which are moving the markets.</p><p>However, some investors are still reluctant to use trading apps, primarily to an old-school mindset. This is, perhaps, related to the sheer volume of information a standard trading platform requires, since some platforms are still unable to support complex technical charts on smaller mobile screens. Many traders also prefer to open a large number of tabs, and multi-screen desktop set-ups are the norm with professional traders.</p><p><strong>A Better Solution</strong></p><p>On the other hand, UFX’s mobile trading platform is renowned for ensuring all relevant information is instantly available to the on-the-go trader. The <strong><a target="_blank" href=";hl=en">UFX trading app</a></strong> is trusted by investors all over the world, providing regular updates and an improved user experience, allowing hundreds of thousands of traders to focus fully on their primary goal of making money through online investing.</p> Business Wed, 29 Mar 2017 12:25:52 -0400 100K Factory Revolution: Review Released Examines Controversial 7-Step eCommerce System <p><a href="">(SI Newswire)</a> 100K Factory Revolution, the newest program created and released by internet marketing and eCommerce experts Aidan Booth and Steven Clayton that is designed to teach folks how to build simple websites that selling physical products has caught the attention of Ryan and Daniel, prompting an investigative review.</p><p>“It’s no secret that selling physical products is incredibly popular right now with a lot of growth potential with sites like Amazon, Jet and even simple eCommerce stores that use web builders like Shopify. Taking advantage of this trend has become a lot easier for normal folks and entrepreneurs by leveraging proven tools and processes based on real world experience” reports Daniels. “After over a decade of educating students and customers, Aidan and Steve are two of the most well-respected and experienced experts in their field. Add that to the fact that the methods that they teach in this brand new 100K Factory Revolution program have already been proven through not only their own successes but with the success of their students.”</p><p>The 100K Factory Revolution program is built on 8 specific pillars.</p><p>The first pillar is the 100K Blueprint, which is comprised of the full training program. This includes the step-by-step blueprint to implementing the eCommerce training, which allows folks to build and scale this business.</p><p>The second pillar is the 100K Command Center. The command center is what powers the business. It includes all the critical tools in one convenient place for every student to access.</p><p>The third pillar is the 100K Ignition Packs. Steve and Aidan have created something that will shorten the learning curve massively for those who join the program. Inside these ignition packs, folks will get access to 1,000 fully researched markets and products.</p><p>The fourth pillar is the 100K Accelerators. This pillar is a suite of customer acquisition tools that will enable folks to drive targeted traffic, convert traffic into leads and turn those leads into sales.</p><p>The fifth pillar is 100K Vulcan. Vulcan is the star of the 100K Factory program and it acts like a data crunching ‘super computer’ analyzing, optimizing and adjusting Facebook ads based on all the data points it has access to.</p><p>The sixth pillar is 100K Operations Hub. The operations hub is a personalized operations center in North Carolina designed to simplify the business and increase profits.</p><p>The seventh pillar is the 100K Alliance. The alliance is a members only community only for those in the 100K Factory Revolution program. This is going to be the spot where folks help each other with ‘live’ advice.</p><p>The eight pillar is 100K Coaching. The coaching includes personal support, coaching and technical help from Steve, Aidan, and the 100K Factory team. This is one of the largest benefits of joining the program and will be a huge key to the success of the 2017 student base.</p><p>Aidan and Steve have also decided to toss in some extra bonuses. <a href="">Learn more about the 100K Factory Revolution program and the bonuses being offered by Aidan and Steve here</a>.</p><p>“Steve and Aidan have created one of the most in-depth, comprehensive, easy-to-follow guides that teaches others how to re-create the same success they’ve and the previous students have had", says Daniels.</p><p>Aidan and Steve are starting the class soon and because of this, they have set a deadline of March 9th at Midnight as the absolute last chance to <a href="">join the program</a>.</p><p>Those wishing to join the 100K Factory Revolution program or for more information, <a href="">click here</a>.</p><p>To access the Ryan & Daniel official 10-part 100K Factory Revolution bonus, <a href="">visit the official bonus site</a>.</p> Business Wed, 08 Mar 2017 10:18:31 -0500 Ceco Environmental (CECE) Stands to Lose "Bigly" from Trump's Environmental Policies <p><a href="">(SI Newswire)</a> Note 1: On March 23rd of last year, CECO Environmental Corp (NASDAQ: CECE) stated on page 8 of its 2015 Annual Report under the“Government Regulations” section: “We believe that changes in environmental laws and regulations create opportunity given the nature of our business.” That’s probably true if one is to assume those changes referred to more stringent environmental regulations.</p><p>Note 2: Last Tuesday, President Donald Trump issued four presidential memoranda and one executive order, all of which environmentalists have criticized as being harmful to the environment. We shall discuss these pronouncements in a bit more detail further below.</p><p>Note 3: Last Tuesday, the same day Mr. Trump signed the four presidential memoranda and one executive order that had environmentalist in an uproar, the Chief Executive Officer, President, and Board Member of CECO Environmental Corp. (NASDAQ:CECE) Mr. Jeffrey Lang announced his resignation in all three capacities effective tomorrow.</p><p>Mr. Trump’s stance on the environment, while seen as beneficial to some businesses, will have a dramatic and negative impact on CECO Environmental. Possibly, Mr. Lang saw this coming and threw in the towel before it got too late? The Board appointed current Board member Dennis Sadlowski to serve as interim CEO while the company searches for a replacement.</p><p>In this report, we will take a look at President Trump’s views on the environment versus the economy and unemployment; we will also take a brief look at the views expressed by his inner circle; and finally, we will discuss CECO’s performance to date and what we can expect going further.</p><p>Who is CECO Environmental? CECO Environmental is a leading global technology company that provides clean, safe, and efficient fluid handling and filtration, energy, and environmental air pollution control. Through its various brands, CECO provides some of the products and services that help companies meet stringent emissions control regulations, increasing plant needs, and achieve exacting production standards. The company focuses on helping industries achieve clean and safe environmental air pollution control, energy production, and fluid handling and filtration technology. According to the company’s most recent annual report, it operates through three reportable segments: the Environmental Segment, the Energy Segment, and the Fluid Handling & Filtration Segment.</p><p>The Environmental Segment provides the design and manufacture of product recovery and air pollution control technologies that enable its customers to meet compliance targets for toxic emissions, fumes, volatile organic compounds, process and industrial odors. These products and solutions include high efficiency cyclone systems, scrubbers, regenerative thermal and catalytic oxidizers, dust collectors and baghouses, standard and engineered industrial ducting, fabric filters and cartridge collectors, ventilation and exhaust systems for emissions and contaminants, and process cooling systems for steel in rolling mills.</p><p>The Energy Segment provides customized solutions for the power and petrochemical industry. This includes gas turbine exhaust systems, dampers and diverters, gas and liquid separation and filtration equipment, selective catalytic reduction (“SCR”) and selective non-catalytic reduction (“SNCR”) systems, acoustical components and silencers, secondary separators (nuclear plant reactor vessels) and expansion joints, the design and manufacture of technologies for flue gas and diverter dampers, non-metallic expansion joints, natural gas turbine exhaust systems, and silencer and precipitator applications, primarily for coal-fired and natural gas power plants, refining, oil production and petrochemical processing, as well as a variety of other industries.</p><p>The Fluid Handling & Filtration Segment provides the design and manufacture of pump filtration and fume exhaust solutions. This includes centrifugal pumps for corrosive, abrasive and high temperature liquids, filter products for air and liquid filtration, precious metal recovery systems, carbonate precipitators, and technologically advanced air movement and exhaust systems. These products are applicable to a wide variety of industries, particularly the aquarium/aquaculture, plating and metal finishing, food and beverage, chemical/petrochemical, wastewater treatment, desalination and pharmaceutical markets.</p><p>Clearly, this is a company that stands to benefit “bigly” or “big league” as the case may be from more stringent environmental regulations. Conversely, the company stands to lose significantly from less stringent environmental regulations. The excerpt from page 10 of the company’s most recent annual report says it best: “Changes in current environmental legislation could have an adverse impact on the sale of our environmental control systems and products and on our financial condition, results of operations and cash flows…Our business may be adversely impacted to the extent that environmental regulations are repealed, amended, implementation dates delayed, or to the extent that regulatory authorities reduce enforcement.</p><p>It is very clear that our new president has little tolerance for “red tape” as he’s stated on multiple occasions. In fact, just yesterday he signed an executive order proclaiming that, “The total incremental cost of all new regulations, including repealed regulations, to be finalized this year shall be no greater than zero, unless otherwise required by law or consistent with advice provided in writing by the Director of the Office of Management and Budget.”</p><p>Trump’s Views on the Environment: Mr. Trump has often said that environmental regulations are “out of control.” Speaking to automobile industry leaders last week, he complained that, “Our friends that wanna build in the United States, they go many, many years and then they can’t get the environmental permit over something that nobody ever heard of before,” he said. “And it’s absolutely crazy. I am, to a large extent, an environmentalist. I believe in it. But it’s out of control.” He promised to restore manufacturing jobs, slash taxes, and curb “unnecessary” regulations. “Were going to either give you your permits or we’re not gonna give you your permits,” he said. “But you’re gonna know very quickly. And generally speaking, we’re gonna be giving you your permits. So we’re gonna be very friendly.”</p><p>The five executive actions taken last Tuesday take direct aim at President Barack Obama’s environmental policies by advancing two very controversial pipelines and streamlining regulations on domestic manufacturing and infrastructure projects. President Obama made climate change and protection of our national resources high priorities. Not so with this president.</p><p>First is the Presidential Memorandum Regarding Construction of the Dakota Access Pipeline, which would extend from the Dakotas to Illinois. According to the Memo, this action “represents a substantial, multi-billion-dollar private investment in our Nation's energy infrastructure. This approximately 1,100-mile pipeline is designed to carry approximately 500,000 barrels per day of crude oil from the Bakken and Three Forks oil production areas in North Dakota to oil markets in the United States. At this time, the DAPL is more than 90 percent complete across its entire route. Only a limited portion remains to be constructed.” The Standing Rock Sioux Tribe, whose reservation is within a mile of the pipeline, has bigly opposed the project. The tribe has been worried about water contamination, and the U.S. Army Corps of Engineers recently had previously agreed to look into less intrusive alternatives.</p><p>Next is the Presidential Memorandum Regarding Construction of the Keystone XL Pipeline, which would carry crude from Alberta, Canada to the Gulf of Mexico. President Obama put a stop to it because, in his view, the environmental cost was too much for a relatively modest supply of oil, and would have been at odds with this nation’s commitment to join a global pact to reduce greenhouse gases. Trump has invited TransCanada to resubmit its application for the pipeline. Another Presidential Memo the same day specifies that all new and repaired pipelines be built with American steel.</p><p>Finally, there’s the “Executive Order Expediting Environmental Reviews and Approvals for High Priority Infrastructure Projects” and the “Presidential Memorandum Streamlining Permitting and Reducing Regulatory Burdens for Domestic Manufacturing.” The infrastructure order calls for a streamlined and expedited environmental review of all high priority infrastructure projects. The manufacturing memo calls for reduced regulatory burdens affecting domestic manufacturing. This memo calls for the Secretary of Commerce to “coordinate” with the EPA and other agencies to streamline permitting and reduce regulatory burdens for domestic manufacturers.</p><p>If those actions did not make it clear where Mr. Trump stands regarding environmental regulations, then his other set of actions will. Not only has he frozen the EPA’s budget and barred it from awarding any new contracts or grants, he has ordered a total media blackout at the Agency. EPA employees are not allowed to post to social media, respond to journalists’ questions, interact with members of Congress, or send out press releases. This is all part of a move to kill or at least delay some thirty or more environmental rules finalized in the closing months of President Obama’s term.</p><p>Trump’s Team on the Environment: We know how Mr. Trump feels about the environment, but what are the views of his team members?</p><p>Trump’s EPA transition director, Myron Ebell, a climate-change skeptic, just yesterday suggested cutting the EPA workforce by 66% over the next four years and slicing the Agency’s budget by half. According to Ebell, “The global warming fad is waning.” Mr. Ebell was among the first of Trump’s transition team agency leaders to be announced, and he had even been discussed as a possible EPA director.</p><p>Trump's pick for EPA director, Oklahoma Attorney General Scott Pruitt’s actions in court suggests the same views. Mr. Pruitt, who has sued the EPA a total of 14 times as Oklahoma’s attorney general, does not believe human activity is the primary cause of climate change. However, NASA and the National Oceanic and Atmospheric Administration announced recently that 2016 was the hottest year in recorded history, and said human activity is to blame. Environmental leaders say that Pruitt, if confirmed by the full Senate, would be the most hostile EPA chief in the history of the agency, which was created in 1970 by former President Richard Nixon to protect human health and the environment. Since being elected Oklahoma attorney general in 2010, Pruitt sued the EPA over its Clean Power Plan, which aimed to reduce emissions from coal-fired plants that contribute to climate change; he also sued the EPA over regulations to reduce methane emissions from the oil and gas industry; he questioned whether toxic mercury pollution is hazardous to public health; he shut down his office’s Environmental Protection Unit; and he launched a new “Federalism Unit” devoted to filing legal challenges against the EPA—at least 14 of them.</p><p>According to Time, “While Pruitt was busy trying to kill national mercury rules, the number of Oklahoma lakes listed for mercury contamination was climbing. This year, the state lists 40 lakes with fish consumption advisories due to mercury levels—up from 19 listed in 2010. Eight lakes were added just this year…Pruitt also attacks limits on ground-level ozone—better known as smog—despite the fact that ozone problems are acute and worsening in Oklahoma. The latest American Lung Association report gave all Oklahoma counties surveyed an “F” for ozone problems and found that the number of high ozone days had increased in most counties as compared to 2010-'12.”</p><p>Clearly these developments do not bode well for a company whose primary source of revenue comes from helping companies preserve and protect the environment. Indeed, on pages 3-4 of the company’s most recent annual report, the company states that demand for its products and services will continue to be driven by a couple of specific factors. These factors include a more stringent regulatory environment (in which clearly this new administration does not believe) and a shift toward natural gas and renewables (in which this new administration has shown a marked preference for oil and coal). The next CEO of Ceco Environmental will take the helm facing a multitude of headwinds and uncertainty for sure.</p><p>CECO’s Performance to Date: Even before the headwinds facing Ceco, which we’ve highlighted, the company was facing a multitude of problems. First and foremost, top line growth had been decelerating for the past 3 years. For the first three quarters of 2016, revenue growth came in around 19% over the same period for the prior year. Contrast that to the first 3 quarters of the previous 2 years. Top line growth increased by 46% and 42% for the first 3 quarters of 2014 and 2015 respectively. The company's historical competitiveness in operations is slipping away as a most inconvenient time.</p><p>Debt has been steadily increasing. Total liabilities were $32M at the end of 2012, $178M at the end of 2013, $234M at the end of 2014, and $354 at the end of 2015. Debt, in and of itself, is not a problem per se. However, when the company uses debt to finance growth, and growth starts to slow we begin to wonder how wise a decision its acquisition decisions were over the last few years.</p><p>Speaking of acquisitions, for the 2013 fiscal year, top management was able to state in its annual report, “Based on the assessment of the processes for the Company as described above, management of the Company believes that as of December 31, 2013, internal control over financial reporting was effective.” The same statement was made in all previous annual reports which we reviewed, and were each accompanied with an unqualified opinion (the highest type of opinion) from its external auditors. Beginning in 2014 with the purchase of Chinese subsidiary Zhongli Industrial Technology Company and continuing onward, the company’s management noted that “significant deficiencies in the financial reporting process related to the adequacy of accounting personnel and oversight, accounting for income taxes, and segregation of duties, among others, when taken in the aggregate, amount to a material weakness in our internal control over financial reporting.” Yet another headache for a new CEO to deal with.</p><p>Looking Forward: Ceco is overvalued by any metric. Within the last three months, insiders have sold more than they’ve bought by a near 9 to 1 ratio. The company is trading at an elevated PE, and its pace of growth had slowed. If we’re expecting EPS of $0.20 for the final quarter of 2016, the company is trading at a current PE ratio of 23. Given the headwinds and uncertainties facing the company, we think a forward PE of 12 is very appropriate. With our forecast of 2017 earnings per share of $0.60, we impute a fair price of $7.20.</p><p>About us: Street Watchdog Research comprises a small group of investors, analysts, & short sellers based in Scottsdale, AZ. Our team includes Maxwell Athanis, Timothy Diggs, Cynthia Wayne, Angelene Dunlap, and Porter Foxcroft.</p><p>Disclosure: We are short CECE. We do not have a financial relationship with the company.</p><p>Website: <a target="_blank" href=""></a></p><p>Email address: <a target="_blank" href=""></a></p> Business Tue, 31 Jan 2017 09:15:00 -0500 Street Watchdog Starts Ascena Retail at Buy on New Omni-channel Platform <p><a href="">(SI Newswire)</a> The retail sector has been one of Wall Street’s favorite whipping boys this past month as holiday sales came in a bit softer than expected at many major department stores. Earlier this month, both Macy’s and Kohl’s reported disappointing holiday sales highlighting the uphill task facing brick and mortar retailers to win back shoppers from the likes of Amazon and other online retailers. Ascena Retail Group, Inc., (NASDAQ: ASNA) whose brands include Ann Taylor and Lane Bryant, similarly warned that disappointing holiday traffic led to increased promotional activity and that the current quarter’s losses would be wider than expected. Naturally this led to a slew of downgrades. We, however, have reason to be cautiously optimistic with regard to Ascena Retail given the company’s plans and consequently are placing a price target of $12.60 on the stock based upon 2018 forward earnings.</p><p>Who is Ascena Retail? Ascena Retail Group, Inc. is a leading national specialty retailer operating ecommerce websites and over 4,900 brick and mortar stores throughout the United States, Canada, and Puerto Rico. Its retail websites include,,,,,,,,, and During the company’s fiscal fourth quarter of 2015 (May 2015), Ascena announced its plans to buy Ann, Inc. for about $2.16 billion, consolidating the respective companies’ brands in an effort to attract more working women. The company’s stores can be organized into four distinct segments: premium fashion, value fashion, plus fashion, and kids’ fashion.</p><p>Premium Fashion: Ascena’s premium fashion segment consists of the Ann Taylor, LOFT, and Lou and Grey. ANN has over 1,000 specialty retail and outlet stores, ecommerce operations, and various licensed franchises in international territories, which allow customers to shop in over 100 countries around the world. These segments offer classic suits, separates, dresses, shoes, and accessories under the Ann Taylor, LOFT, Lou & Grey, Ann Taylor Factory, and LOFT Outlet divisions. Value Fashion: Ascena’s value segment includes Maurices and Dress Barn. The company has nearly 1,000 Maurices specialty retail and outlet stores in addition to its ecommerce operations. These stores are concentrated in smaller markets of up to 150,000 people, and they cater to small town preferences. Maurices’ product line encompasses women's casual clothing, career wear, dressy apparel, active wear, and accessories. Dressbarn consists of over 800 specialty retail and outlet stores as well as ecommerce operations. Its aim is to maintain a distinctive position in the marketplace by providing its own private labels and contemporary fashions. These stores are located primarily in strip shopping centers in higher density markets and surrounding suburban areas. Plus Fashion: Ascena’s plus segment consists of Lane Bryant and Catherines stores. Lane Bryant has over 800 retail and outlet stores as well as ecommerce operations. The segment offers brand name clothing in plus-sizes 14-28 and is located primarily in small towns and suburban areas. Catherines, with over 400 locations nationwide, offers plus sizes 16-34 and extended sizes 0X-5X. Its locations are similarly concentrated in small towns and suburban areas. Kids Fashion: Ascena’s kids segment, Justice, has over 900 specialty retail and outlet stores, e-commerce operations and various licensed franchises throughout the United States, Puerto Rico, Canada, Russia, and the Middle East. This brand is the largest premier “tween” specialty retailer in the world, offering apparel to girls in the 7-14 age range. Justice designs and creates its own Justice-brand products in-house. It offers clothing, accessories, footwear, lifestyle products, and electronics. Justice retail stores are located primarily in malls, outlet centers, and strip shopping centers.</p><p>The Good, The Bad, & The Ugly Let’s Begin With The Ugly: When it comes to Ascena Retail, while there is much that is good, there’s some that is bad and some that’s downright ugly. Let’s begin with the latter. Ascena’s 2016 holiday sales were ugly for sure. Companywide 2016 holiday sales (from Nov 19 to Jan 02) declined 3.1% YOY. Of the company’s four major segments, only one (kids fashion) experienced sales growth this holiday season versus the prior, with a 2.7% overall increase. According to a press release on January 10th, the company now expects to post a non-GAAP loss of $(0.11) to $(0.08) for its fiscal 2017 second quarter ending the 28th of January. The release goes on to say that, “Based on ongoing traffic headwinds, the Company now expects full fiscal 2017 non-GAAP EPS in the range of $0.37 to $0.42 for the 52-week period ending July 29, 2017.” In a 6-week period from December 9th to Friday’s close, the stock has tumbled nearly 40% falling from $8.04 to $4.86 within that time span, and it is nearly 57% off its 52-week high of $11.26 last March. Now the Bad: In a fairly healthy economy with low unemployment, one would expect traditional retailers to be reporting expanding sales and higher profits; yet many are reporting slowing growth and lower margins due to the need for constant promotional activity. A recent poll shows that a third of consumers would rather wash dishes than hit a traditional retail store. Yet while some retailers are going bankrupt or closing stores, Amazon continues to post record sales and profits. Why is Amazon dominating the retail marketplace? More importantly, how can Ascena Retail compete more effectively with Amazon and other online retailers in the face of macro shifts in the way today’s consumer shops? We will answer these questions and more in more detail below. Where’s the Good in All of This?: It is not all doom and gloom for the traditional brick and mortar retailer. While some are struggling, TJX Companies, owner of T.J. Maxx, Marshalls, and HomeGoods, plans to boldly grow its number of stores by over 50%. Sporting strong sales growth last year, CEO Ernie Herrman said the company will have 5,600 stores when it’s finished expanding, up from a current total of about 3,700. In 2015, the company opened over 200 new stores, and last year it added some 200 more, representing a 5% growth. The company is considering even more store openings beyond the 5,600 target as it contemplates the potential to expand into additional countries or open new chains in existing markets by snapping up bargains for buildings that other retailers have closed. At the end of Ascena’s most current quarter ended October 29, 2016 (2017-Q1), the company had a total of 4,920 total store locations. During the quarter, the company opened 29 new stores and closed 15. Clearly, retailers that are adaptable will be able to successfully compete with the likes of Amazon. Rather than throw the baby out with the bathwater as other analysts have done with the retail sector, we’re looking at a company who has recognized its weaknesses and is adopting the steps needed to face this brave new world of retail.</p><p>Ensuring Ascena’s Continued Success Margin Enhancement: At last Wednesday’s Investor Day conference, companywide CEO David Jaffe hit the nail on the head by highlighting how the company is positioning itself to “navigate dramatic industry change.” A major challenge facing Ascena and other retailers is a sustained spending shift away from consumer discretionary. A sustained spending shift away from consumer discretionary is a macro force that no individual retailer can rapidly change; however, far from shrinking into oblivion as other retailers have done, Ascena is putting in place long-term plans to respond decisively to structural challenges to its business model. The company is devoting itself to procurement and supply chain excellence in addition to advanced analytics to drive margin enhancement. The company is forecasting $235 million in cost savings in FY2017 and FY2018 from deal synergies relating to supply chain capabilities and non-merchant procurement as well as cost savings from product costs and SG&A optimization. Similarly, cost savings are expected from enterprise transformation and more internal product sourcing. While all of this is promising for the bottom line, we are especially excited about the Omni-channel platform rollout, which we’ll discuss below. Selling to Today’s Omni-channel Consumer: With the increasing market fragmentation caused by Amazon and other online retailers, traditional retailers will need to devise ways to compete more successfully to show top line growth. Ascena’s new Omni-channel platform presents a definite shadow demand opportunity. Online ordering in any particular store is currently available across all brands. By the end of 2017, the company will have in place an internal ATG website, ship-from-store capability, and responsive mobile capabilities (a must for millennials). This will serve to help reduce the omni-channel gap between Amazon and Ascena. Looking Forward While Ascena Retail is facing many of the same challenges that traditional brick and mortar retailers now face, this is a responsive and dynamic company that is putting in place initiatives to effectively manage those challenges. The company has a strong balance sheet with over $270 million in cash and cash equivalents, and it had over $445 million in cash flow from operations last fiscal year.</p><p>While the market was generally disappointed with the 2017-Q1 numbers that we saw in December, keep in mind that revenues actually grew by 0.4% QOQ from $1,672.0 million to $1,678.4 million. Amazingly, cost of goods sold fell from $776 million in 2016-Q1 to $664 million in 2017-Q1!</p><p>At yesterday’s closing price of $4.86, the market is valuing this retail powerhouse at a paltry $950 million. Some have hazarded a guess that the price is so low, an activist investor may want to “kick the tires” on this holder of several relevant apparel concepts.</p><p>While we don’t foresee blowout earnings per share from continuing operations of $0.99 as in FY2013, by assessing the company’s financials from 2013 to 2016, as well as modeling pro forma numbers for the remainder of this fiscal year and the next, we are looking for a modest EPS figure of $0.38 for FY2017. For FY2018 which begins at the end of July, we are a bit more optimistic and see positive revenue growth, expanded margins, and a higher EPS. Consequently, we are forecasting FY2018 non-GAAP EPS of $0.70. At a modest forward PE of 18, we impute a fair price of $12.60 for Ascena Retail based upon our estimates for 2018. As such, we believe the company is significantly undervalued at the current trading range. About us: Street Watchdog Research comprises a small group of investors, analysts, & short sellers based in Scottsdale, AZ. Our team includes Maxwell Athanis, Timothy Diggs, Cynthia Wayne, Angelene Dunlap, and Porter Foxcroft. Disclosure: We are long ASNA. We do not have a financial relationship with the company.</p><p>Website: <a target="_blank" href=""></a></p><p>Website link: <a target="_blank" href=""> </a></p><p>Email address: <a target="_blank" href=""></a></p> Business Tue, 24 Jan 2017 09:17:54 -0500 Affiliate Marketing Mastery Review: New Program and Bonus by Stefan Pylarinos Examined <p><a href="">(SI Newswire)</a> The new Affiliate Marketing Mastery coaching and training program by Stefan Pylarinos offers hopeful and successful entrepreneurs the simple and proven model to building an online business utilizing referral based marketing.</p><p>Pylarinos teaches the exact methods and systems he has used to build a successful online business. The training is delivered through a series of 7 modules and takes students from A to Z.</p><p>The 7 modules included are strategy and mindset, niche selection, creating your online brand and presence, quality content creation, marketing strategies, earning revenue and monetizing your traffic, performance and analytics as well as additional training through the multi-part Affiliate Marketing Mastery bonus.</p><p>Get all the facts and details about what is being offered <a href="">in this video right here</a>.</p><p>Richard Johnson reveals in this report important details recently released about the Affiliate Marketing Mastery learning program and its latest bonus offer.</p><p>First, Pylarnios has designed this program to be the definitive guide to building a business of this kind. It's also been shown to be one of the simplest and most effective strategies for others to implement right out the gate.</p><p>In addition to the program consisting of different modules that build on each other, Pylarinos is including a 7 part bonus package that includes;</p><p>1. Private Facebook community. 2. The 90 day email coaching program. 3. 7 bi-weekly live coaching webinars. 4. 7 Q&A webinar recordings. 5. An advanced strategies training. 6. Case study series. 7. An expert interview series.</p><p>All of this training and bonuses are designed to guide folks by the hand and teach them the complete ins and outs of building this type of online business.</p><p><a href="">Learn more by watching this video at the official website now</a>.</p><p>Pylarinos stands behind his program with a 100% no questions asked 30-day money back guarantee. He wants to completely over deliver and if folks are not satisfied within 30 days they can get a full refund on the purchase price.</p><p>Right now Pylarinos is also doing a limited time opening of the program, which closes it's doors on December 11th at midnight. During this time there is a limited time discount where folks can save up to $800 off the retail price.</p><p><a href="">Learn more at the official website and hear what some of his students have to say here</a>.</p> Business Mon, 05 Dec 2016 13:32:10 -0500 Magnetize Your Audience Review: Coaching Program for Workshop and Seminar Entrepreneurs by Callan Rush Exposed <p><a href="">(SI Newswire)</a> The Magnetize Your Audience coaching program by Callan Rush offers hopeful entrepreneurs the most effective, proven strategies and methods for creating and marketing a successful training, workshop, or seminar business.</p><p>This program offers both an at-home learning option as well as a three-day coaching seminar that teaches entrepreneurs exactly how to build and market a profitable workshop business.</p><p>Get all the facts and details about the two options <a href="">in this video right here</a>.</p><p>Shane Michaels reveals in this report important details recently released about the Magnetize Your Audience learning program and its latest bonus offers.</p><p>Callan Rush designed the Magnetize Your Audience coaching program for individuals who are not just leaders, but luminaries, whose desire is to help others improve their lives through seminars, workshops, trainings, retreats, and more. She designed this learning program based on her own success with creating a workshop business and is now offering others the exact methods, templates, and marketing plans to help them have a successful business as well, no matter what stage of entrepreneurship they are in. According to Shane Michaels, “There are a lot of people out there who are drawn to presenting and coaching others but who think that making a living based on that talent is just a pipe dream, but with the Magnetize Your Audience coaching program, it can be their reality faster than they ever thought possible. Callan Rush has cracked the code to creating a successful workshop business and gives entrepreneurs all of the tools and resources they need in this program to find the success that she has—to fulfill their dream, fill their classes and workshops, and earn a lucrative living doing what they love to do.” The Magnetize Your Audience coaching program is offered in both a home learning format as well as a three-day in-person coaching seminar. The curriculum, materials, and resources are applicable to any entrepreneur wanting to branch into the workshop, seminars, and retreats business, whether they are just exploring their options, have recently started building their business, or who already have an established workshop business but wish to improve it even further.</p><p><a href="">The program</a> consists of different modules that build on each other, first teaching entrepreneurs the foundation of the system and helping them clarify for their business what they want to do, who they want to reach, and how they will do it. Later modules then contain the actual marketing templates that can be used to fill attendance for their classes and workshops and achieve their goal of making a profit with their new business. With the at-home learning program, entrepreneurs can get started right away with the online modules and templates to start growing or improving their business.</p><p><a href="">Learn more by watching this video at the official website now</a>.</p><p>At the Magnetize Your Audience live events, attendees get real-time trouble-shooting and coaching that they can test on their colleagues. They will have the opportunity to have professionals formally look over their marketing plan and will leave the event with confirmation knowing that their marketing is approved and their strategy will be effective in filling seats at their seminar or workshop. The at-home learning program and in-person coaching seminar are typically priced as separate purchases, but for a limited time Callan Rush is making both programs available for one low price. Those who invest in the at-home learning program now for $1997 will receive a free gifted ticket to the in-person coaching seminar for free, a gift that is valued at nearly $3,000. And as a never-seen-before offer, Callan Rush is offering an additional guest ticket for those who invest in the at-home learning program today.</p><p><a href="">Go here to learn more and enroll in the Magnetize Your Audience coaching program</a>.</p><p>Michaels further reports, “Callan Rush takes the fear and risk out of starting a successful workshop business, and with the latest bonus offers available, entrepreneurs can’t afford not to take advantage of it. Anyone who has ever dreamed of making a big impact on others while making a big income and loving what they do should take advantage of this great offer before it’s gone. If they simply just follow the program they will be well on their way to living a reality that they once only dreamed about.</p> Business Thu, 20 Oct 2016 06:27:15 -0400 Gregory Dean of Worden Capital Management aggressively hiring college graduates <p><a href="">(SI Newswire)</a> <strong>We are currently hiring for these entry level positions:</strong><br />-Financial Services Representative<br />-Financial Advisor <br />-Stock Broker Trainee</p><p>These positions are all paid hourly, and mentor based with unlimited room for upside growth within the company.</p><p>Candidates must be highly motivated self-starters, with the ability to work well and succeed in a team/group environment.</p><p>The entry level positions all demand an above average level of telephonic conversational skills coupled with a strong desire to constantly improve on day to day functions.</p><p><strong>Initially We Offer: </strong></p><p>-In house class training/study sessions for all required licenses. <br />-Full Sponsorship for candidates to take any and all FINRA series exams. <br />-All books and materials needed to pass exams. <br />-Extra help/tutoring. <br />-Mentoring and training with experienced senior personnel to jump start your career. <br />-Individual daily mentorship with a Senior Representative at the company.<br />-"Earn as you Learn" program for all trainees.</p><p><strong>What is expected for success: </strong></p><p>-Desire to further one self and build a long standing career.<br />-Motivated attitude combined with a flawless work ethic. <br />-Ability to communicate with prospects and clients. <br />-Phone and face to face networking. </p><p><strong>About Worden Capital Management:</strong></p><p>At Worden Capital Management, we bring together people, ideas and capital to bring about progress. We expect everyone at the firm to be a contributor. No one can survive at Worden Capital Management as just an employee. This is why we make an unusual effort to identify and recruit people who, in addition to their intellect, share our commitment to leadership in business and to the communities where we work and live. Our distinct corporate culture is one of the things that set us apart from other firms. At Worden Capital Management, everyone has a place at the table.</p><p><strong>Interested candidates can apply through any link below: </strong></p><p><a target="_blank" href=""></a></p><p><a target="_blank" href=";suggestChosen=false&amp;clickSource=searchBtn&amp;typedKeyword=worden+capital&amp;sc.keyword=worden+capital&amp;locT=C&amp;locId=1132348&amp;jobType="> Webpage</a></p><p>Gregory T. Dean <br />Branch Owner/EVP</p><p> </p><p> </p><p> </p><p> </p> Business Tue, 18 Oct 2016 11:25:20 -0400 Mobile Optin Review: Anthony Morrison's Mobile List Building Software Revealed <p><a href="">(SI Newswire)</a> Mobile Optin 2.0 a software program and training by Anthony Morrison is one of the newest and most advanced products on the market that allows business owners to build email lists leveraging the growing trend of mobile devices.</p><p>Morrison has invested over $250,000 into developing the Mobile Optin software and will continue to invest in developing new features for the software. In this report, Shane Michaels reveals important details about this exclusive software and training program, its creator, and the associated benefits it offers business owners.</p><p>Those who <a href="">invest in the MobileOptin software</a> gain access to create unlimited campaigns, access to over 300+ high converting templates, no hosting fees, no monthly fees, access to state of the art report and split testing, access to step by step training videos, fast and awesome support, and so much more.</p><p>According to Shane Michaels, “Mobile is growing to become an incredibly important aspect of online business. More and more people are checking emails from their smartphones and with over two billion cell phones in use it's something people can't ignore."</p><p>Anthony Morrison's Mobile Optin is only available for a short period of time. Those who invest in the software and training have two options; they can pay 3 equal monthly installments or save $364 by making a one-time payment.</p><p><a href="">Check out the full details here.</a></p><p>Michaels further reports, “There are so many ways for business owners to build their list. However, leveraging the trend in mobile and Anthony's software allows folks to have a major edge on the competition by using the latest technology and ensuring they get access to the best email address for prospects."</p><p>For a short while, Morrison is offering a few Mobile Optin bonuses for those who invest in the 2.0 version of his software.</p><p>The 3 MobileOptin bonus offers are:</p><p>1. Weekly Training Success Connection Webinars with Anthony Morrison.</p><p>2. Two Coaching Sessions with Facebook Marketing Expert Adrian Morrison.</p><p>3. Two Coaching Sessions with Google Expert Fred Lam.</p><p>To learn all the details <a href="">visit the official website here</a>.</p><p> </p> Business Mon, 17 Oct 2016 17:09:57 -0400 Digital Product Blueprint Review: Examining the New Educational Program by Eben Pagan <p><a href="">(SI Newswire)</a> Digital Product Blueprint by Eben Pagan contains the latest, most up-to-date information for those looking to create and sell information products online. Eben Pagan's new program details the proven process, systems, and information Eben has used to personally grow ten information products to over one million dollars in sales.</p><p>Shane Michaels reveals in this report important details released recently about Eben Pagan's Digital Product Blueprint along with a few limited time bonuses for fast action takers. Eben Pagan has become one of the most well-known figures in the entrepreneurial space when it comes to information marketing. He has created some of the most well-known training programs like Altitude, Wake Up Productive, Self-Made Wealth, Ignition and the Virtual CEO. All in all, Pagan has released 10 products that have done at least seven figures in sales and in the process he's become the expert for experts to learn from when it comes to selling information products.</p><p>In Digital Product Blueprint, he details the 12 blueprint tools and exercises, each with an in-depth video tutorial and training lesson. Six of the blueprint tutorials are designed to help one build a digital product, and six of them help build the marketing systems used to grow information businesses. Folks can dive into these templates and tools immediately after the register for the Digital Product Blueprint program, and get to work building products right away.</p><p>Learn more about Digital Product Blueprint by <a href="">watching this video now</a>. According to Shane Michaels, “Any business owner that is looking to start selling digital products or someone who wants to truly grow a large digital marketing business needs to check out what Eben is doing. He's proven over the better part of a decade that he knows exactly what to do to release digital products successfully.”</p><p>Until the 29th of September Pagan is offering a special discount where folks can save up to $400 on Digital Product Blueprint. In addition, one can get access to the 3 special Digital Product Blueprint bonuses.</p><p><a href="">Check out all the details and secure up to $400 in savings now</a>.</p><p>Michaels further reports, “Anyone who is even remotely interested in what Pagan has to say about creating and selling information products owes it to themselves to at least check out his training. Folks can use this information and check out his tools, systems and processes while be covered by his 90-day guarantee.”</p><p><a href="">Head on over to the official Digital Product Blueprint website for more details and secure a copy now</a>.</p> Business Tue, 27 Sep 2016 07:12:08 -0400 SamCart Review: Latest Shopping Cart System and Bonus Offer by Brian Moran Revealed <p><a href="">(SI Newswire)</a> SamCart is one of the latest and most effective shopping cart and upsell systems that is helping online marketers and business owners increase their sales and conversions almost effortlessly. Co-founder Brian Moran is a renowned entrepreneur and expert internet marketer who created this shopping cart system based on proven designs, systems, and methods.</p><p>In this report, Shane Michaels reveals important details about this advanced shopping cart system and the bonus offers that were recently released for business owners and internet marketers looking to boost their website sales.</p><p>SamCart is becoming one of the leading shopping cart systems because of its simplicity and ability to help business owners and internet marketers dramatically boost their sales and conversions with proven methods and designs. It provides users with pre-designed and tested templates, the ability to easily a/b test various website designs, mobile-friendly capabilities, unlimited 1-click upsells, advanced integration with all major email marketing, CRM, and membership tools, along with simple payment processing. Additionally, users get resources like in-app tech support, multi-language support, multi-currency support, and much more.</p><p><a href="">Get all the details about SamCart here</a>.</p><p>According to Shane Michaels, “Since its release, SamCart has been changing the way online business owners and internet marketers are able to achieve great conversion rates and higher revenues with their eCommerce sites, whether they are selling physical or digital products.</p><p>The service is worth its weight in gold as-is, but the latest SamCart bonus features recently released for new sign-ups adds extreme value that internet marketers can’t afford to pass up. These 9 different bonus features, along with the SamCart guarantee, is an offer that has never been seen before, and probably won’t be seen again.”</p><p>For a limited time, those who sign up for SamCart during this exclusive launch period will get access to up to 6 different bonus features worth thousands of dollars. The first bonus includes the Quick-Start Guides that replace on-boarding fees and instead offers step-by-step instructions for setting up SamCart perfectly with other tools currently used for their eCommerce site.</p><p>The second SamCart bonus, worth nearly $1,000 alone, is the Checkout Hacks Vault which is one of the largest databases of checkout conversion data that can help boost sales by up to 81%. The third bonus for SamCart worth nearly $2,000 is The Funnel Factory, a variety of different “funnel templates” that offer high-converting funnels to deliver traffic, leads, and customers virtually on autopilot.</p><p>Bonus #4 is Traffic Tactics, a guide for how to generate more traffic using proven techniques and strategies from some of the most successful Facebook advertising campaigns. Those who choose to pay in full for the program also receive access to two additional bonuses: Checkout Page Critiques and a free SamCart sub-account, which includes 12 months of unlimited access for a 2nd enterprise account. All of these resources can be accessed for one up-front payment of $997 or 12 monthly payments of $99.</p><p><a href="">Join SamCart now</a> and secure these 4 SamCart bonuses.</p><p>Michaels further reports, “While some might think this offer is just too good to be true, where the rubber really meets the road is with the SamCart guarantee that every customer as access to. If new users don’t experience at least a 30% increase in sales within the first 30 days of using this platform, SamCart will issue a complete refund. Not only that, but SamCart will let them keep the bonuses and continue using the platform for 6 months.</p><p>It doesn’t get much better than that – it’s a true no-risk investment for those interested in taking their eCommerce activity to the next level.”</p><p><a href="">Get all the details about SamCart and the limited time bonuses here</a>.</p> Business Mon, 19 Sep 2016 11:01:22 -0400 12 Week Mastery Review: Ultimate Productivity and Achievement Program by Brian P. Moran Examined <p><a href="">(SI Newswire)</a> 12 Week Mastery by Brian Moran contains some of the most powerful and effective methods for boosting productivity and achieving goals that helps people achieve more in 12 weeks than they normally do within 12 months. John Brown reveals in this report important details about this recently released training program for those seeking to accomplish more in their personal lives or careers.</p><p>Brian P. Moran is the author of the New York Times bestseller, <a href="">The 12 Week Year</a>, a book that has helped millions of people discover a better method for accomplishing more in their personal and professional lives.</p><p>To give individuals even more resources and empowerment for achieving what they want in life, Brian P. Moran and his team recently released 12 Week Mastery, the ultimate productivity and achievement program that is designed to help achieve more than they are accomplishing or experiencing right now, personally, professionally, financially, physically, or spiritually. 12 Week Mastery is designed to be a life transformational event that helps members develop a compelling vision and refine their goals in a way that creates a clear path for achievement.</p><p><a href="">Learn more about 12 Week Mastery right here</a>.</p><p>According to John Brown, “The 12 Week Mastery program is unlike any other goal-setting or achievement program that has ever been released before. The only one that comes close <a href="">is the 90 Day Year</a>, however, that's not available to the public. The value of Brian P. Moran’s personal knowledge, expertise, and insight in this arena alone is invaluable, but all of the other added components that are offered with this training program make a sure-fire way for practically anyone to achieve whatever goals they have, as long as they are willing to dedicate the time and effort to doing so following the steps and methods in this program.”</p><p>The 12 Week Mastery achievement program offers 9 different components to guide members through every necessary step of defining, refining, and working toward their goals. As part of the first component, Moran provides a four-part jumpstart video training series to help members understand the philosophies and strategies behind The 12 Week Year system and craft their first action plan.</p><p>Second, members are sent daily emails and short videos throughout the entire 12 weeks of the program—a total of 86. Perhaps the most valuable component of the program is the live webinar trainings by Brian Moran—a resource that corporate clients pay tens of thousands of dollars for.</p><p>These live webinars also include a Q&A and are recorded and can be accessed inside the exclusive members area. Each member also receives two tickets to a live event in West Palm Beach, FL that is designed to help ensure that their next calendar year is the most productive yet. They will also be entered into the 12 Week Mastery Achievement Challenge that offers them a chance of winning a cash prize and getting featured in Brian P. Moran’s follow-up book for their transformation success.</p><p>Additionally, members receive an execution toolkit, access to a membership community, a physical copy of the 12 Week Year book, and bonus trainings titles “Unleash Your Inner Warrior” and “Cracking the Adversity Code.”</p><p>Brown further reports, “12 Week Mastery is the only achievement program that will give you the proven methods and tactics developed by Brian Moran as well as teach you how to take control of your time and productivity, lower your stress levels, increase your profitability, defeat procrastination and fear, balance priorities, and overall, reach the unique potential each individual has in their life. It doesn’t matter where people are starting, what challenges they have already had, or where exactly they want to go with their goals—this program gives them all the help, resources, and motivation they need to do it. Hands down, this new program is one of those rare opportunities people simply can’t pass up if they want to live life at a higher level than they are right now.”</p><p>Brian Moran has already helped thousands of people transform their lives by using his proven methods and strategies for goal achievement and productivity. He is so confident that this program has the power to change lives for the better that he offers a complete money-back guarantee for anyone who invests in the program.</p><p><a 12="" watch="" this="" video="" to="" learn="" everything="" you="" need="" know="" about="" week="" a="" href="">.</a></p> Business Wed, 14 Sep 2016 11:06:14 -0400 Textbook Money Review: New Program and Software by Luke Sample Exposed <p><a href="">(SI Newswire)</a> Textbook Money by Luke Sample consists of a new online training program and software designed to help entrepreneurs leverage a certain aspect of Amazon. This program and software detail how to utilize Amazon's Trade-In program to make profits trading in things like Textbooks and books. Richard Johnson reveals in this report important details released recently about Textbook Money along with the latest Textbook Money bonus offers. Luke Sample is one of the most well-known figures in the entrepreneurial and software space for online marketing business owners. He is the founder and creator of several different products, software tools and training programs.</p><p>In Textbook Money, he and his partner detail the latest trends and opportunities for leveraging Amazon's trade-in program. As part of the release of his new program, there is now an exclusive Textbook Money bonus offer for those who join the new program.</p><p><a href="">Check out all the bonuses that are available here</a>. According to Richard Johnson, “Textbook Money is the perfect software and program for those entrepreneurs that have been struggling to get their business working. It leverages a proven strategy that is easy to follow and easy to implement. In fact, when one leverages Amazon trade-in they don't need to even sell the textbooks back to Amazon they simply trade them in. Now often times Amazon will even pay folks instantly.”</p><p>For a limited time, Sample and his business partner are offering the Textbook Money system and software at a $2,000 discount.</p><p><a href="">Get all the details here</a>.</p><p>Johnson further reports, “Anyone who is even remotely interested in what Sample and his partner are offering in their new program really has nothing to lose by joining because of the no-risk guarantee that comes with each membership. Subscribers can use this information and software for a full year. If one follows the program and after 1 year doesn't earn at least their money back can qualify for a refund plus a $1,000 bonus. All the details are on <a href="">the official website terms here</a>.”</p><p>To get Textbook Money and these bonuses <a href="">go here now</a>.</p> Business Mon, 12 Sep 2016 10:26:07 -0400