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Ackroo Inc V.AKR

Alternate Symbol(s):  AKRFF

Ackroo Inc. acquires, integrates and manages gift card, loyalty marketing, payment and point-of-sale solutions used by merchants of all sizes. It develops and sells an online loyalty and rewards platform. Its self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries: automotive dealers and more. It is focused on helping to consolidate, simplify and improve the merchant marketing, payments and point-of-sale ecosystem for their clients. Its GiftFly is a self-serve eGift Card platform. Its Simpliconnect business offers software as a service, focused on driving client engagement. Its payment ISO affords the ability to resell payment processing solutions to their growing merchant base through some of the payment technology and service providers.


TSXV:AKR - Post by User

Bullboard Posts
Post by Matt743on Apr 25, 2014 2:39pm
150 Views
Post# 22492176

What is going on?

What is going on?People are freaking out, and the stock is dropping at a rapid rate!. T

Revenue has doubled over the year: This year they made $1.2 million were in 2012 they made $600k wihich is 89% growth (and don't forget the bulk of the contracts were hired on late in the year - therefore next year's revenue will contain all their contract revenue for a full year)

Comprehensive loss has decreased by $2M

They have since signed on more contracts with store value fleet car market in the Caribbian.

John Chapman acquired 400,000 common shares and Jeff Durno acquired 140,329 shares both in March (therefore insider buying)

The company even signed on with InfoNet Technologies to integrate their reward card programs with P.O.S systems - items that usually go hand-in-hand. 

Why would people sell off what they had at $0.14 - why did people buy at $0.14 when it was in a worse off position?

Investors aren't doing their DD, and stop losses are being triggered. AKR is a long, and IMO, will be a big time player within a few years.


Bullboard Posts