MoviePass Surpasses over 400,000 Paying Monthly Subscribers in the Last 30 Days

MoviePass experiences benchmark breaking growth after announcing $9.95/month subscription
 
MIAMI & NEW YORK -- Helios and Matheson Analytics Inc. (NASDAQ: HMNY) — MoviePass Inc., a company that Helios and Matheson has agreed to buy majority stake in, announced today it has surpassed over 400,000 paying monthly subscribers in the past 30 days and achieved outstanding movie theater attendance. Up from less than 20,000 subscribers on August 14, 2017, the viral subscriber growth is due in part by the innovative and disruptive technology MoviePass and Helios & Matheson offer in combination with massive interest for the new $9.95 per month subscription plan. To test the success of the MoviePass product, 30,000 new MoviePass subscribers were surveyed. We were thrilled to find that 75.3% asserted the only reason they went to the movies was the result of being a MoviePass subscriber. Furthermore, participating theaters have reported back with increased attendance by over 400% from MoviePass subscribers.
Published: 25 September 2017
Written by Editor
Nasdaq   Project Update   tsxvup on news  
Read more: Helios and Matheson Analytics ( HMNY )

Cryptocurrency Miner HIVE Blockchain Technologies Commences Trading on the TSX.V

VANCOUVER, Sept. 18, 2017 HIVE Blockchain Technologies Ltd. (formerly, Leeta Gold Corp.) (TSX.V:HIVE) (the "Company" or "HIVE") is pleased to announce the commencement of trading in the Company's common shares on the TSX Venture Exchange under the ticker symbol "HIVE" effective at the open on September 18, 2017. This follows the completion of a $16.5 million equity financing, as announced on September 7, 2017, and the closing of the acquisition from Genesis Mining Ltd. ("Genesis") of a state-of-the-art GPU-based blockchain data centre in Reykjanes, Iceland and formation of a strategic partnership with Genesis (collectively, the "Transaction"), as announced on September 15, 2017.
 
The Company is also pleased to announce that it commenced mining operations and began accumulating cryptocurrency on September 15, 2017 following closing of the Transaction.
Published: 18 September 2017
Written by Editor
TSX   Up on News   New Listing  
Read more: HIVE Blockchain Technologies ( HIVE )

GoPro Expects Third-Quarter 2017 Revenue And Gross Margin Will Be At The High-End Of Guidance

Seeing Strong Consumer Demand for the Brand
HERO6 and Fusion Cameras are Tracking for launch in 2017
 
SAN MATEO, Calif., Sept. 7, 2017  -- GoPro, Inc, (NASDAQ: GPRO) today announced revenue and gross margin for the third quarter of 2017 are both expected to be at the high end of their previously announced respective ranges of between $290-$310 million and 36-38 percent.  GoPro also forecasts the third quarter to be profitable on a non-GAAP basis, though not profitable on a GAAP basis.
 
"Consumer demand for GoPro products is strong," said GoPro Chief Operating Officer CJ Prober. "Channel inventories have been reduced and we're incredibly excited about the upcoming launch of two great new products, HERO6 and our 5.2K spherical camera, Fusion."
Published: 07 September 2017
Written by Editor
Nasdaq   Financial Results   Up on News  
Read more: GoPro Inc ( GPRO )

NXT-ID Subsidiary FitPay to Power Garmin Pay on Garmin v ­voactive 3 Smartwatch

Company to add NFC-enabled mobile payment capabilities to one of the most complete watches on the market for an active customer
 
MELBOURNE, Florida, August 31, 2017 -- FitPay, Inc., a wholly-owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD) and a provider of payment, credential management, and authentication platform services, today announced that it is powering the payment capabilities for the vívoactive 3, a new smartwatch by leading wearables company, Garmin International Inc. (NASDAQ: GRMN). The new feature, called Garmin Pay[TM], enables consumers to make contactless payments at near-field communication-enabled (NFC) point-of-sale (POS) locations, adding a powerful new feature to one of the most complete smartwatches on the market for the active consumer.
Published: 31 August 2017
Written by Editor
Nasdaq   Up on News   Project Update  
Read more: NXT-ID Inc ( NXTD )

Fusion Announces Definitive Agreement to Acquire Birch Communications' Cloud and Business Services Business

Transaction expected to create one of the largest North American cloud services providers, with total pro forma annual revenue of approximately $575 million; Combination expected to significantly enhance Fusion's innovative strategy as the single source for the cloud
 
NEW YORK, NY--(August 28, 2017) - Fusion (NASDAQ: FSNN)
 
Fusion to acquire Birch's Cloud and Business Services business, including its customers, operations and infrastructure
Combined company is expected to have total pro forma annual revenue of approximately $575 million and more than $150 million in pro forma annual adjusted EBITDA, including anticipated cost synergies
Transaction is expected to be significantly accretive to Fusion's adjusted EBITDA immediately upon closing, generating positive free cash flow while dramatically reducing the company's overall leverage ratio, with net debt expected to be less than 4.0x pro forma adjusted EBITDA
Published: 28 August 2017
Written by Editor
Nasdaq   M & A   Up on News  
Read more: Fusion ( FSNN )
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