Great Ajax Corp T.AJX

Primary Symbol: AJX

Real Estate

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.

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Great Ajax Corp

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Post by barmac6on Jul 18, 2013 2:32pm

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AgJunction boasts about 30-million-acre milestone

AgJunction boasts about 30-million-acre milestone
Ticker Symbol: C:AJX

AgJunction boasts about 30-million-acre milestone

AgJunction Inc (C:AJX)
Shares Issued 69,217,508
Last Close 7/17/2013 $0.97
Thursday July 18 2013 - News Release

Mr. RH reports

AGJUNCTION CLOUD SERVICES ANNOUNCES 30 MILLION ACRE MILESTONE

AgJunction Inc. has disclosed that its cloud services division now supports in excess of 30 million unique production acres with its suite of precision farming software applications.

AgJunction president and chief executive officer Rick Heiniger spoke at the 2013 Info Ag Conference Vendor Showcase in Springfield, Ill., where he provided an update on the company's cloud services division and shared the milestone news with leaders in the precision agriculture industry.

"We could not be more pleased with the progress of our cloud services division since our acquisition of AgJunction in early 2012," said Mr. Heiniger. "Our company has been through a significant amount of change over the last year, and the leadership provided by our State College, Pa.-based cloud services team has been extraordinary, delivering system enhancements and exceeding customer expectations."

Since announcing the acquisition of AgJunction by Hemisphere GPS in January, 2012, the rebranded AgJunction cloud services division has benefited from accelerated adoption. Since January, 2012, unique bounded production acres in the cloud-based system have increased at a 72-per-cent compound annual growth rate, reaching 31.5 million in North America as of July 1, 2013.

Mr. Heiniger reported a similar growth rate for the total number of retail locations utilizing the system, now approaching 1,800. "The market is recognizing value in an integrated data management solution," added Mr. Heiniger. "AgJunction is unique, having established ourselves as a neutral and enabling partner with our customers; that is the foundation of our precision agriculture strategy."

Also during the showcase, Dave Nerpel, precision account manager with AgJunction, introduced several new system features including a new iPad field-mapping and soil-sampling application, a multivariable field data analytical tool, and satellite imagery integration developed in partnership with SatShot.

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