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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
Comment by apartfromtheherdon Jan 09, 2018 11:36am
84 Views
Post# 27313749

RE:RE:RE:RE:Looking good....

RE:RE:RE:RE:Looking good....
I would not worry about Mike Sorbara living out of Florida and "taking orders" out of canada - this comment is ridicuous, having control over 48% of the company would mean that Steve's has to respect his guidance because he has the power most the vote the next shareholder election. 
The Sorbara family is Canadian (based out of Ontario) and like most Canadian "snow birds" they spend the winter in Florida to avoid the snow.  Mike is there to help overlook the customer migration to Ackroo and cost cutting that Steve Levely will perform in 2018. 
I am highly confident that the 48% shares held by the Sorbara family are within in their Sorbara Group Holdings:  https://www.sorbara.com/about-us/
The Sorbara family is wealthy and also very well connected politically in Ontario and have had family members with long lasting careers in provincial politics.

I feel confident that we are in good hands and having Mike Sorbara involved will only help Ackroo.
 
Bullboard Posts