With the 19th annual East Coast Gaming Congress & iGaming Institute conference, the industry’s second largest, having just wrapped up in Atlantic City, New Jersey, and the subject of legalized internet gambling across Delaware, New Jersey and Nevada having been a hot topic of discussion, the mobile compliance gaming advantages of Consorteum Holdings’ (OTC: CSRH) Universal Mobile Interface (UMI) platform have come back into focus. With New Jersey and Delaware now in their second year of regulated iGaming and proponents in Delaware fighting hard to get sports betting pushed through, even as states like Pennsylvania and New York are both moving legislatively to embrace iGaming and sports betting, Morgan Stanley’s report from September of 2014 projecting that the U.S. market for online gambling could hit $5.2 billion by 2020 is looking more and more to be right on the money.

Consorteum’s wholly-owned ThreeFiftyNine, Inc. (359) subsidiary, which is known for their KenoUSA Android app on Google Play, developed in agreement with keno gaming service
provider and keno product manufacturer XpertX, has a wealth of experience leveraging their thin client application UMI architecture for executing mobile solutions in this area. In fact, 359’s software team was responsible for the first ever regulatory-compliant mobile platform for delivering third party gaming content to have been successfully vetted by the extremely rigorous Nevada Gaming Board. The UMI is a powerhouse platform architecture for this space too, as thin client cloud-enabled apps provide numerous performance benefits over native apps, offloading much of the heavy lifting to remote servers and freeing up resources on the end user’s device. Ultimately, this allows for a much more vibrant and rich interactive game to be created, as the end user’s device has less of a computational and display burden to shoulder.

Moreover, the company’s UMI solution, in addition to having the client server handle lottery and/or game content, allows the content to be displayed correctly and in the proper resolution, irrespective of the user’s device. This same capability is what makes the UMI great for a variety of other roles in the mobile space, whether its bringing a company and their brand presence to the maximum number of users via rich apps, or executing complex solutions for banking, ecommerce, healthcare, and even government markets. The ability to land presence on over 1.5k devices or more, with consistent display performance and design realization intact, and all without the need to write additional code or patch the end user’s client, is an advantage that makes CSRH’s UMI an easy pick for developers when it comes to mobile compliance gaming – but the robust and proven geo-location, geo-fencing and security features are what really sets the platform apart in this space.

Mobile compliance gaming is a market with lots of room to grow too. In New Jersey revenues from online gaming already run in the neighborhood of around $120 million, ten times more than in Nevada, where brick and mortar gambling is still king. But we all know what operations like Netflix and Amazon Prime have done to the brick and mortar video rental space, and while the obvious secondary appeal factors for casinos won’t be disappearing anytime soon the way Blockbuster stores have. The attractiveness of tax revenues for state legislators, combined with the ability to gamble for real money from increasingly ubiquitous smartphone and tablet users, will likely drive the industry forward rapidly in coming years, despite a few crusty old holdout politicians, mired in antiquated ideas and praxis left over from before the advent of smartphone and tablet computing. Take a moment to really think about how Apple’s iTunes and downloadable music has forever changed the music industry, how OTAs (online travel agencies) have changed the nature of travel, or how online brokerages like TD Ameritrade have revolutionized trading, and you can start to really get a handle on what the future of regulated online gambling might look like.

With Nevada and Delaware already engaged in an online poker liquidity-sharing compact, the writing is on the wall for the future of the industry. In California, recent estimates on the potential size of the regulated online poker market range as high as $1.3 billion (Capitol Matrix). With the average of estimates from a wide variety of sources coming in closer to the $215 million mark for the first year, and around $310 million a year thereafter, the decision over whether or not to allow regulated online gambling an easy one for state legislatures to make, especially considering the tax revenues that could be collected, as well as jobs that could be created. What’s not so easy is resolving issues like app-specific geo-fencing requirements, needed to ensure that users are gaming from within a regulated location.

Luckily this is an area where CSRH’s technology has the upper hand, having already been fully vetted by the gold standard of industry regulators, the Nevada Gaming Commission and State Gaming Control Board, as validated via Stations Casino’s Sportsbook app implementation. The company’s technology uses the native geo-location functionality of the end user’s requisitely un-jailbroken mobile device to circumvent spoofing, making it a comfortable choice for developers who want to push rich content to users, and not worry about violating regulatory compliance.

Morgan Stanley sees the possibility of exponential growth in this industry over the next several years and, as was the case during the gold rush era, its companies like CSRH, focused on selling the equivalent of picks and shovels, who will see some of the most substantial long-term upside. Giving third party developers and casinos a platform they can use to easily implement and maintain a compliant gaming solution for their customers, is a great way to win big as the trend towards regulated internet gambling evolves further. And because CSRH’s thin client approach opens up the broadest possible end user device spectrum to developers, the process of natural technology selection substantially favors UMI-based deployments.

To dig deeper, visit www.consorteum.com

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Established in 1964, family-owned Continental Stock Transfer & Trust has remained on track to achieve its vision of fully supporting emerging and growth companies with superior attention and uniquely tailored business solutions.

Accomplishing this steady path requires strong company management capable of leading a staff of some of the industry’s most experienced experts. Together, these individuals serve companies with up to 50,000 shareholders with a range of fundamental offerings, including record keeping, maintaining shareholder information, issuance and transfer of shares, shareholder communication, dividend disbursement and tax reporting, stock plan administration, escrow services, annual meeting and proxy services and much more.

In addition to transfer agent essentials, Continentals’ extended offerings include employee plan administration, IPO and SPAC services, annual meeting and proxy services, corporate actions and escrow services, EDGAR/XBRL filing, stock plan administration, dividend reinvestment plan and direct purchase plan administration, and dividend disbursement services.
For shareholders, Continental offers:

• Immediate responses to phone inquiries and same-day responses to email inquiries
• Secure 24/7 online account access via ContinentaLink
• Online access to important IRS and other forms and documents
• Definitions of key terms and answers to frequently asked questions
• Online proxy voting

As a long-standing, reputable agent in the United States, Continental provides each company with personal attention from senior staff, flexible offerings and innovative technology – all of which contribute to the company’s stellar track record of superior customer satisfaction.

For more information visit www.continentalstock.com

IFAN Financial, a designer, developer and distributer of software to enable mobile payments, has closed a $2.5 million funding agreement with New York-based Sea Otter Global Ventures, LLC, enabling the company to move forward with its expansion strategy and commercialize its proprietary payment platform.

“We are very pleased to have secured this financing facility with Sea Otter. The funding will allow us to execute our business plan and begin commercialization of the proprietary IFAN payment gateway. It also provides immediate, non-dilutive capital during this phase while we are building awareness of the company,” IFAN president and CEO J. Christopher Mizer stated in the news release.

The financing is comprised of two parts: a $500,000 secured promissory note and a $2 million equity line of credit. The equity line of credit commits Sea Otter to purchase up to $2 million of IFAN common stock following the effectiveness of the soon-to-be-filed S-1 over the next 18 months. In addition, IFAN will issue to Sea Otter 500,000 warrants to purchase one share of common stock per warrant. These warrants are exercisable for 36 months after issuance. The exercise price of 250,000 of the warrants has been set at $0.50, and the exercise price of the other 250,000 has been set at $1.

Jonathan Juchno, director of Sea Otter stated, “We are excited about our investment in IFAN Financial. We believe that the mobile payments world needs improvement and innovation. We are impressed with the technology and confident that management can execute on its business strategy. We expect great things from IFAN.”

IFAN was recently selected to provide its cutting-edge mobile payments solutions to digital branding agency Blue Like Neon. IFAN’s mobile gateway will enhance Blue Like Neon’s multi-pronged market enhancement strategy by providing the company with a social commerce platform that may be customized for each client’s unique needs.

Today’s announced financing agreement positions IFAN to further its collaboration with Blue Like Neon while seeking out similar partnerships.

“Sea Otter’s funding will allow us to develop our relationship with Blue Like Neon and to pursue other, similar partnerships concurrently with the product launch. With our financial concerns settled for the next several quarters, we can now focus on building our business,” Mizer stated.

For more information, visit http://ifanfinancial.com

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Pure Hospitality Solutions today said it is nearing completion of its first-quarter filings with the OTC Markets and expects to complete the process within the next five business days.

As the company’s accountants wrap up the financial reports to complete the filing, PNOW president and CEO Melvin Pereira assured the investment community that the company does not foresee late filings moving forward.

“As we initially stated, aside from this one filing, we do not anticipate being late on any future filings,” Pereira stated in the news release. “As with the year-end, this filing was temporarily delayed due to the implementation of our multi-million dollar divestiture initiative, where we again, successfully reduced an additional $1 million of debt.”

Pereira also highlighted the company’s upcoming launch of its online travel agency (OTA), Oveedia.

“As PURE nears completion of first quarter filings, and our programming team aggressively ramps up the coding integration of Oveedia, we find ourselves at a truly remarkable place as a company. We have a blossoming relationship with Sabre and have been contacted by a number of properties and tour companies interested in listing on our platform. As PURE nears completion of first quarter filing, we anxiously await the initial phase of Oveedia’s launch. We unquestionably anticipate rapid growth throughout the Central American-Caribbean region.”

For more information, visit www.purenow.solutions

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Dominovas Energy Corp. (OTCQB: DNRG) is an energy solutions company whose endeavors are focused on delivering clean, efficient, and reliable electricity to areas of the world where supply falls short of minimal need on a multi-megawatt scale. With its eye on capturing this immense alternative energy market opportunity, Dominovas Energy is executing on a deployment model while taking a leading position among alternative green energy solutions providers. DNRG offers “alternative green energy solutions” by way of a unique, non-traditional energy generation process.

DNRG possesses designs to build and own fuel cell utilities all over the world. As a result, the company is among some of the world’s largest and most well-known companies seeking to capitalize on opportunity in this emerging sector. Most notably, the RUBICON™ has emerged in today’s market due to its multi-megawatt deployment capability allowing for profitable commercialization while meeting the demands of the world market.

Dominovas Energy has publicly expressed its commitment to deploying the most technologically advanced, cost effective, market-based energy solution available today. Further, the company emphasizes that ‘cost efficiency’ does not translate in any way to ‘compromising’ when it comes to addressing societal, political, ecosystem concerns, and other critical issues. DNRG is well aware that deployed energy solutions can serve as a foundation for creating new business opportunities and job prospects that in turn will benefit the societies and environments in which it serves. Dominovas Energy embraces energy challenges from a solutions-oriented platform while consulting companies and Nations that will experience a variety of known and unknown obstacles over time.

Dominovas Energy benefits from its employment of Dr. Shamiul Islam, who completed his post-doctoral fellow at the University of Calgary. Dr. Islam has extensive experience in the fuel cell industry and has been recognized around the globe for his advancements in the fuel cell industry and his innovations in the solid oxide fuel cell (SOFC) field. Dr. Islam, Executive Vice President for Fuel Cell Operations, is laying out a course for Dominovas Energy Corp with intentions of transforming today’s industry standards through partnership efforts with the company’s manufacturers.

To learn more about the company, visit www.dominovasenergy.com

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Despite a downturn in energy commodity prices, ENGlobal Corp. (NASDAQ: ENG) has industry analysts intrigued after posting strong financial results for the first quarter of 2015.

“We ended the first quarter with a healthy cash balance and working capital of $24.4 million, and have no borrowings under our current credit facility,” stated Mark Hess, Chief Financial Officer of ENGlobal. “While there is always room for improvement, I believe we are in a strong financial position and poised for future growth.”

In an effort to remain profitable despite a slumping market, the company has focused operations on low-risk projects and minimized overhead costs. This positioning has contributed to ENGlobal’s strong performance thus far in 2015. The company’s Engineering and Construction division, in particular, has thrived in recent months. According to first quarter results, the division realized growth of more than four percent over the same period last year, providing promise of strong shareholder returns when energy commodity prices rebound.

“We have pared the Company down to a smaller, more focused operation,” stated William Coskey, Chairman and Chief Executive Officer of ENGlobal. “These and other actions have allowed the Company to remain profitable, with positive cash flow during this downturn.”

ENGlobal’s Engineering and Construction group serves a collection of market sectors including alternative energy, power generation and government. The company’s recent growth and reputation for quality work have helped establish ENGlobal among the top domestic design firms, claiming accolades from Engineering News Record, Business Week magazine, The Houston Chronicle and American Executive magazine. This performance has contributed to the company’s global reputation as a leading designer of state-of-the-art plant automation systems.

In March, the company bolstered this reputation through the announcement of a five year extension to its Professional Services Agreement with Xcel Energy. A major U.S. electric and natural gas company with annual revenue exceeding $10 billion, Xcel has teamed with ENGlobal on a variety of substantial capital programs, including a 60 mile West Main segment pipeline replacement. Continued confidence from clients in the capabilities of ENGlobal will have a strong positive impact on the company’s future expansion potential.

Moving forward, ENGlobal appears to be poised for continued growth in the vital energy market. With one of the industry’s most experienced management teams leading the way, the company is in a strong position to deliver significant returns to shareholders in the years to come.

For more information, visit www.englobal.com

AXIM Biotechnologies is a leader in industrial hemp biosciences focusing on the research, development and production of pharmaceutical, nutraceutical and cosmetic products, as well as alternative sources of energy. The company is setting the green standard for cannabinoid bioscience through the discovery and commercialization of new materials and technologies that promote healthy living while respecting the environment. By exploring innovative pharmaceutical delivery systems and active pharmaceutical ingredients, the company is advancing the market for the treatment of debilitating conditions such as Parkinson’s disease, Alzheimer’s disease, ADHD, spasticity, pain, restless leg syndrome and Crohn’s disease.

“AXIM Biotech is providing health conscious and environmentally conscious consumers with all-natural alternatives,” stated Dr. George E. Anastassov, Chief Executive Officer of AXIM.

The company is in a strong strategic position to thrive as the global market for cannabis related products continues to expand with loosening regulatory restrictions and evolving consumer opinion. According to the Pew Research Center, domestic support for cannabis legalization is rapidly outpacing opposition. In 2015, a slim majority of 53 percent of survey respondents voted in favor of outright legalization, marking the first time that a majority of Americans voted in this manner. Shifting opinions should continue to drive demand for the company’s unique offerings moving forward.

In April, AXIM made global headlines following the announcement of its line of Cannabigerol (CBG) products. Unlike other cannabinoids, CBG is known to contain non-psychoactive cannabinoids and essential amino acids that provide benefits to oral health. Included in this revolutionary line are all-natural retail products such as toothpaste, mouthwash, dentifrice, oral gel and lip balm. In May, the company secured an exclusive license to develop and produce a cannabinoid-infused chewing gum, expanding on AXIM’s product line.

“We feel that AXIM’s ability to research cannabinoids and introduce unique delivery methods is a catalyst that will drive new demand for both the consumer retail and pharmaceutical markets,” continued Anastassov.

In the coming months, AXIM will look to continue efforts towards establishing itself as a world leader in the clinical development of novel phytocannabinoid-based medicines and products. Through the demonstration of clinical proof of concept in indications not met by current pharmacology, the company should be in a strong strategic position to realize rapid growth in the maturing global market.

For more information, visit www.aximbiotech.com

With a record breaking $304 billion plus in domestic retail ecommerce sales last year, the recent move by Mobile Lads Corp. (OTC: MOBO) to acquire and begin operating the North American arm of Domark International’s world-class web platform (http://simbadeals.com), which lists over 30 million products from more than 400 blue chip retailers, could not be more well-timed. More than just a unique shopping solution designed around offering consumers the best, up to 80% off deals, on the best brands around, Simba Deals is a well-connected destination that has key partnerships with leading traffic-driving media venues like the top nationally distributed Canadian newspaper, The Globe and Mail. Globe & Mail on its own has over 340k subscriptions and nearly 900k readers for their national weekday edition (both print and online), and the periodical has over 410k subscribers for their Saturday edition, which has over 1 million readers. Mobile Lads will be working hard to convert traffic into sales now that they are running the NA arm of Domark’s established ecommerce platform, and with a 4 to 15 percent take on all merchandise sales off the site, MOBO has stepped into what will no doubt be a major revenue generating aspect of their future operations.

The aforementioned U.S. Commerce Department retail ecommerce sales figure of $304 billion represents a 15.4 percent jump over 2013 sales, an increase which, given that ecommerce has been posting similar YOY increases in the range of 15 percent each year since 2009, should make investors stop and really think about the bright future of this sector. The potential for operations like Simba Deals, which emphasizes providing awesome deals that consumers cannot find elsewhere, in a market largely dominated by a tiny handful of players such as Amazon, is considerable. There is a great deal of upside for an outfit like Simba Deals, which is already successfully capturing a growing portion of the overall ecommerce traffic generated by consumers, who are now increasingly turning away from brick and mortar retail, primarily for the sake of convenience, as well as using their mobile devices to do so.

This is an area where Mobile Lads has their strongest footing as a company, in the bedrock of the booming global mcommerce space, which now represents around 29 percent of all ecommerce here in the U.S. (Criteo) each year and which is on track to grow at an inviting 32.23 percent through 2019 globally (where it represents 34 percent of all ecommerce), according to analysis out earlier this year by TechNavio. Criteo’s Q1 2015 report on the sector indicates that U.S. mcommerce transactions grew by 10 percent in the last three months alone. meanwhile, in Japan and South Korea, mcommerce has grown to a whopping half of all ecommerce, marking a clear milestone for the growth of mobile when it comes to consumer’s preferred method for making retail purchases. Criteo analysts forecast that by the end of this year, mcommerce will gobble up another 4 percent of the ecommerce market in the U.S., and another 6 percent globally.

Technologies like the xmVerify platform, a two factor authentication based solution for real-time mobile transaction security, which leverages one of the best cryptographic services in existence today and which gives the end-user total control over verifying and authorizing each transaction that is made, is way ahead of the curve when it comes to stopping credit card fraud. Credit card fraud is predicted by many analysts to rise sharply as we head towards normalization of the EMV (Europay, MasterCard and Visa) chip-based standards here in the U.S., with criminals looking to get in while the getting is good and snatch credit card details before the transition is completed (perhaps one major explanation behind the increased data breaches and thefts of customer information throughout the 2012 to 2014 period). However, there are still significant weaknesses in the chip and pin EMV protocol, as has been demonstrated via the European EMV standard that has been in place for a decade, with poor implementations also creating significant vulnerabilities.

Exploitations of the nonce, an “unpredictable number” generated by ATMs to validate transactions, which cannot be distinguished from card cloning fraud when it comes to analyzing the card-issuing entity’s logs (and which can often be achieved even if the physical card cannot be cloned), as well as the ability for criminals to obtain an authentic nonce from sources like receipts, represent huge implementation vulnerabilities for chip based EMV. Moreover, conversion to the EMV chip standard will likely ignite a firestorm of fraud activity in “card not present” transactions like ATM, ecommerce and mcommerce, with criminals rushing out of other forms of fraud and into areas like using stolen card numbers to buy things online.

It is precisely here that solutions like xmVerify shine their brightest, offering consumers an encrypted mcommerce solution that ultimately allows them to sign off before any transaction can be executed, requiring the thief to have stolen not just a card or information, but the user’s mobile device as well. Given that a stolen device can be deactivated easily from another computing platform or mobile, even incidents where, for instance, a woman’s purse is stolen, potentially giving the thief access to all the requisite elements, fraud can be circumvented by the user via device deactivation, and thus halted in its tracks. Additional mcommerce technologies marketed by MOBO, like the xmBilling platform for doing cheap and easy automated volume-based billing, as well as xmOne, a custom card top-up solution aimed at the college and university market, further add to the company’s appeal as one of the more innovative players in the field today.

The combination of such compelling mcommerce technologies, with a fast-growing ecommerce website like SimbaDeals.com, makes Mobile Lads an extremely attractive target for investors looking to get in on the underlying dynamics before they truly go supernova in the next few years, as even more smartphones proliferate into ever more hands, and even more people move towards shopping online.

Get a closer look at the company by visiting www.mobilelads.com

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Cleartronic, through its subsidiary, ReadyOp Communications, Inc., recently announced a three year agreement with the Houston-Galveston Area Council to participate in the HGACBuy program. This cooperative purchasing program opens the door for local governments and non-profits to make purchases based on contracts established by other government entities. In total, the new agreement gives Cleartronic improved access to over 6,000 government agencies and non-profits across the country, providing the company with ample opportunity to grow the ReadyOp™ platform in the coming years.

For over 30 years, the HGACBuy program has made the procurement process more efficient for government agencies. Effectively, inclusion in the program serves as a blanket contract for Cleartronic and the ReadyOp™ platform, providing participating members with access to the proven interoperability system at a pre-approved rate.

“ReadyOp™ is already in use by many federal, state and local government agencies, hospitals, school, universities, ports and airports, and has been for several years,” stated Marc Moore, Chief Executive Officer of ReadyOp Communications. “Adding the capability for government agencies and non-profits to purchase through ‘HGACBuy’ allows our prospective customers an easier, faster way to purchase the annual licensing for ReadyOp™, plus the radio interoperability capability.”

Originally formed in September 2014, ReadyOp Communications markets, sells and supports ReadyOp™ software through a software license agreement with Collabria LLC. In March, the company gained master distribution rights for the platform for an initial term of five years. Through this agreement, Cleartronic gained a proven communication software to package with the company’s patented hardware products, creating a unified solution to the communications interoperability market.

ReadyOp™ is designed to support daily operations, special event planning, incident management and emergency response and recovery by allowing for quick, dependable communication through a variety of channels. The importance of this interoperability can’t be overstated, and the Federal Communication Commission has highlighted interoperable communications as “a major policy goal for… promoting public safety” in recent years.

By securing exclusive rights to the ReadyOp™ platform and participating in the HGACBuy program, Cleartronic is establishing its place among the leaders in the communications interoperability industry.

For more information, visit www.cleartronicinc.com

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Today before the opening bell, Net Element announced that it has signed definitive documentation to acquire PayOnline, a leader in online transaction processing services and payment technology, for up to $8.4 million in total consideration.

The closing payment is $3.6 million cash, which has been paid into escrow, and $3.6 million in stock. There can also be additional consideration from earn-out incentives of up to $1.282 million in cash and stock based on performance.

PayOnline processes online payments for over 10 million active consumers and thousands of merchants in the Russian Federation, Europe and Asia. Net Element’s plan is to integrate the PayOnline leading payments platform into its existing global payments-as-a-service network to expand its transaction processing offerings. Notably, the company will also be able to sell its mobile payment services to PayOnline’s merchants.

The 2014 McKinsey Global Payments Map, released October 2014, states Russia is the world’s 6th largest payments market, accounting for $50 billion in payments with a rapidly growing online population. Card issuance is growing at 30% per year.

Once the acquisition is finalized, Net Element global merchants will have access to a broad array of value-added services, including card2card transfer, payment split and the highest level of data security (Validated Level 1 PCI DSS Compliance). Also, because of their direct agreements with European and Russian Federation banks, PayOnline’s thousands of merchants will be able to transact in the U.S. while Net Element’s U.S. merchants will have an ability to transact in Asia, Europe and Russia.

“PayOnline and Net Element’s assets are highly complementary and we can now leverage them to grow revenues by attracting more merchants and consumers to our omni-channel payments platform,” stated Oleg Firer, CEO. “Well deserved congratulations to all involved in bringing this transaction to a successful signing.”

Net Element expects this acquisition to be profitable this year.

For more information on Net Element, visit www.netelement.com