RE: Chart AnalysisJust to add something regarding the link provided on June 11th. The chart for Futura on the stockta.com website will change as time passes. A resistence line (red) now appears at 4 cents where on JUne 11th it was not there.
However, today approx 2.7 million shares bid at 3 cents (Venture + Alpha Exchanges). This appears to be a significant support level. So I expect trading to be between 3-4 cents in the near-term.
--------------
28 auto dealers is a good start out of 345 dealers in the TADA group. (4,000 dealers in Canada).
The Aeroplan reward program is self-explantory. The second part is the information gathered through a loyalty card system which can benefit auto dealers. An article in the Globe & Mail today (Page B8) explains how algorithms can identify spending patterns of consumers and identify when an in-store promotion would be most effective.
Artificial intelligence systems are being developed using "fuzzy logic". Point of sale data, loyalty card demographic information, customer surveys and social media activity will all contribute to defining the consumer's real shopping behaviour.
---------------
Offering rewards is important for a loyalty program. But the main thing here, is customer service, identifying buying behaviour, helping auto dealers to better offer after-sale services to their customers through custom-tailored promotions.
The auto dealers may want answers to how consumers responded to certain promotions. If Futura can answer that among other consumer habits, it would be fantastic. But it will take time and money. That's why I feel the 10:1 stock consolidation is being considered.... to establish a higher stock price and effect easier financings without excessive dilution. To implement the system and get 4000 auto dealers on board in Canada will take effort and money. Can't do it with a 3 cent stock.
Futura is onto a good thing, so a rollback will be of benefit.