Global Sell-offAnother temporary set-back for the markets.
Futura traded at 3 cent son the Alpha Exchange yesterday. If the world situation takes time to resolve itself, I feel trading volumes and stock prices will decline even for the better companies.
Technically, as stocks fall, lower stock prices at higher demand levels will begin to emerge for companies with promise. Futura went past the 4 cent support level, probably due to the on-going global debt worries are scaring all stock markets.
On the same subject, junior miners wondered why their stock prices did not go up despite higher commodity prices... same reason. For now, there will be bargains to be had as the market softens.
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I was looking at Wikipedia's information on loyalty programs:
https://en.wikipedia.org/wiki/Loyalty_program
Looks like a crowded field. Surprised to see WalMart not having a loyalty program. If Futura can penetrate what appears to be a crowded market, then they are onto something. Many retailers don't collect information about customers to provide the best loyalty package possible.
On another website it was noted that a substantial amount of reward points never get redeeemed, and expire in some cases. A lack of coalition loyalty programs in the US seems to be an area to look at. No mass marketing of loyalty programs in the US either.
For Futura to expand, it will take money and the strategic business relationships necessary to make it all happen. The important fact is that there is room for expansion. Revenues will take time to build, but I do expect some movement on the strategic level later this year.