Arizona Law to Delineate ICOs and Securities

 

The world might be deliberating prohibitions and regulations on crypto activity, but in Arizona, they have embraced it so wholeheartedly that public records show that there has been a hike in the number of blockchain bills in the state’s legislature.

The state’s Senate has already passed a bill that approves its inhabitants to be able to pay their taxes in cryptocurrency. This new bill didn’t just pass all the stages in Senate as smoothly as one would believe. Arizona’s Senate minority leader Steve Farley was of the opinion that the volatility of the bitcoin might be a problem when it relates to tax payments. His fears were somewhat allayed when Arizona’s Department of Revenue confirmed that they would have only 24 hours to change the bitcoin payments into dollars.

The bill has already gone on to the state’s House of Representatives. If it is successfully passed, the state could soon start collecting bitcoin as an accepted form of tax payment.

Jeff Weninger, a Republican member of the Arizona House of Representatives (who was also very instrumental in the passing of the first bill) introduced two new different means focused on blockchain – one of which would start the process for an administrative structure for initial coin offering (ICOs) implemented in the state.

It should be noted that two new bills brought up by the representative comprise of words like “blockchain”, “virtual coin”, “virtual coin offering” and they are potential terms that might be added to the Arizona government’s catalog of definitions.

The virtual coin is defined in the first bill as a medium of exchange that can be traded digitally. A virtual coin has virtual value and can be used to store value.

The second bill tweaks the provisions of the Arizona Revised Statutes that pertain data created and stored by blockchain. The bill is in relation to the one that legitimized blockchain signatures and smart contracts implemented last year. This bill makes digital signatures have the same enforceability as written signatures. Arizona’s law now directs that smart contracts are to be also recognized and enforced.

The Arizona Electronic Transactions Act (AETA) provides that virtual signatures areas enforceable as written signatures. HB 2417 stipulates that signatures, e-records, as well as smart contracts — made through blockchain and entrenched by UCC Articles 2, 2A, and 7 — are recognized as legal e-signatures under the appropriate Arizona Act.

Using the “killing two birds with one stone” analogy, the legislature arm of the Arizona government has given a very comprehensive definition of cryptocurrencies and has ensured a solid foundation for contracts which are implemented using them. This means it’s now easier for people to meddle in the cryptocurrency world while ensuring they can do business with it.

It is worth to mention that the Arizona government perpetually sets up processes that strengthen the harnessing of the blockchain technology’s features.

Weninger is of the belief that cryptocurrency payments posses a multitude of merits which include the ease at which it can be used and the convenience it has.

 

Checkout Unique Finance and get a bonus from me.

How Is Bitcoin Marketing Itself

As a result of the Greek economic downturn and financial crisis as a whole, Bitcoin found itself at the centre of the news debate. Due to its natural characteristics, its decentralised platform, and ultimately its fascinating make-up due to the blockchain technology on which it is based, Bitcoin offers an exciting new wealth of opportunities. With the development of the bitcoin gambling casino which has introduced provably fair gaming to the online world and implementation by brands such as Subway and Steam, the cryptocurrency is continuing to grow. Despite numerous restrictions being placed on Bitcoin, the debate around its potential is continuing, and in turn the cryptocurrency has begun to market itself. Here, we’re taking a look at how.

The Characteristics Of Bitcoin

There are numerous exciting opportunities which Bitcoin provides, and a lot of these come from the characteristics behind the blockchain technology which makes up the cryptocurrency. Firstly, the decentralised element to the Bitcoin offers numerous advantages which is actually leading to disrupt numerous financial institutions. Despite its unpredictability and its evolution under the auspices of a nebulous entity, it is this challenging nature which is actually attracting numerous investors. The cryptocurrency is almost completely anonymous, and as such, many users feel protected when making purchases.

The blockchain technology itself is also exceptionally secure, with fraud being somewhat deterred by the make-up of the cryptocurrency. All of these characteristics have gradually marketed themselves, and with the boom in investment, more individuals are turning to this cryptocurrency as an alternative payment method.

Price Performance

A major indicator of the cryptocurrency’s growth is its price performance, and with the huge amount of investment going into the currency in recent months, it’s unsurprising to see that the price has boomed. Despite many critics believing that the currency remains unstable, the Bitcoin is marketing itself as a well-performing investment opportunity for many. While many are concerned about the regulations which are beginning to be imposed, these will only stabilise the cryptocurrency, further opening opportunities for use.

 

Fear By Financial Institutions

One of the major marketing aspects for Bitcoin is the fear it has imposed in some traditional financial institutions, which may now have to evolve their techniques in order to keep up with this ever-growing technology. While traditional financial institutions may see this as a negative, consumers and individuals will see this as a positive, as banks will now have to adapt their methods in order to keep funds as secure, yet accessible, as possible. Some financial institutions, such as Barclays, have already started to adopt cryptocurrency and blockchain technology, and have begun discussions with regulators on how to bring this technology into play more efficiently. With big brands such as these, alongside the likes of Subway, Microsoft, PlayStation and more embracing this technology, Bitcoin is being marketed in more ways than ever before.

While many associate Bitcoin with having an image issue, in modern times, this is very much the opposite. With increasing regulations being implemented, Bitcoin is only going to stabilise more efficiently, and as a result grow with more investments. Since the boom, Bitcoin’s marketing has been handled by the news and simply by word-of-mouth.

Checkout Unique Finance and get a bonus from me.

What Is Going on in Equities Markets Around the World

 

Global stock markets are agonizing through some of the worst selloffs in recent history. The performance of the Dow Jones Industrial Average, the NASDAQ Composite Index, and the S&P 500 has been nothing short of disastrous heading into the month of love. Equities traders, speculators, economists, and media talking heads have used every conceivable adjective in the book to describe the torrid time that markets are enduring. Equities traders have used terms like writhing convulsions to meteoric drops, bearish markets, corrections, and worst multi-year performance.

This begs the question:  Where are markets headed?

It’s important to take a step back from the current grim reality before simply weighing in on the otherwise lackluster performance of global markets. If we look at the following major indices, we can appreciate how well they have performed, and how significant the current market movements are:

  • The Dow Jones Industrial Average is currently down 6.58% over 1 month
  • The S&P 500 Index is currently down 6.05% over 1 month
  • The NASDAQ composite index is currently down 5.75% over 1 month

When we extrapolate further, we can see that the Dow Jones has a 52-week trading range of 20,061.73 on the low end and 26,616.71 on the high-end. Clearly, the current level of 23,715.44 (Friday, February 9, 2018) is firmly in the middle. The S&P 500 index has a 52-week trading range of 2,296.61 on the low end and 2,872.87 on the high-end. The current level is 2,583.74 – again right in the middle. The tech heavy NASDAQ composite index has a 52-week trading range of 5,685.15 on the low end and 7,505.77 on the high-end. It is currently trading at 6,744.55, 1,000 points above its 52-week low.

Why Are Markets Convulsing Right Now?

Major investors, and everyday folks are scared that runaway inflation and rising interest rates could hurt stock market investments. It must be remembered that the fundamentals of the US economy are sound – there is no questioning that. According to Olsson Capital trading guru, Edward Bronstein:

 

‘We have to appreciate the bigger picture here. The Fed has been pushing to raise interest rates ever since the US economy turned the corner. By December 2015, we started to see incremental increases to the federal funds rate in 25-basis point intervals. Come Wednesday, March 21, 2018, we are likely to see yet another rate hike if stock markets stabilize and employment numbers continue to shine and inflation keeps rising.

 

According to the CME Group FedWatch tool – a great barometer of sentiment for interest rate movements, there is a 71.9% likelihood of a rate hike of 25-basis points in the region of 1.50% – 1.75% in March. Unfortunately, stock markets don’t like rate hikes, especially when they are part of a series of ongoing rate hikes. When the monetary authorities decide to raise interest rates, the value of stocks declines. The thinking is that consumers have less personal disposable income, companies are paying more in interest, and naturally this is going to lead to lower demand for company products and services, and ultimately to lower prices.

 

So, to be safe, investors take their money out of stocks and put it into safe-haven assets like gold, gold ETFs, treasuries, and interest-bearing accounts. They are also going short on derivatives trading options like CFDs and spread betting. Is the stock market going to continue its massive selloff? Probably not. But for now the safe money is on a market correction before the value-investors jump back into the markets to pick up bargain deals on top stocks.

 

While the year to date gains have been erased from major bourses around the world, we should take pause and see what US inflation figures will be before determining whether Fed action is warranted. Meanwhile, German, US and UK bonds have reacted with high volatility to current economic conditions. Oil is down, gold is down, copper is down, and the USD is down. The current trajectory of financial markets is attributed to bearish sentiment.

 

 

Checkout Unique Finance and get a bonus from me.

Is the Effect of Political Risk Becoming Overrated on Wall Street

Traditionally, political uncertainty is one of the biggest market movers with effects on the equities, Forex, and commodities market.  Political commentators and Wall Street analysts have drawn up interesting inferences on the effects of political uncertainty on the markets after significant political events such as elections and referendums.  For instance, the prevailing thesis on the effects of political uncertainty on the market is that Americans tend to vote for the same candidate or party if the economy is robust and they tend to vote for the opposition if the economy is weak.

Sam Stovall, managing director at S&P Capital IQ observes that the results of presidential elections shows that  voters tend to give the state of the economy a high weighting in choosing the next president. In his words, “In 82 percent of the times that markets have climbed during August and October, the incumbent party has won. In 86 percent of the times the market has been down, the replacement party has won.”

It is already cliché that the markets hate uncertainty and you can trust Wall Street to have a bullish performance in years when the election results are predictable than in years when the election can swing either way. The market doesn’t usually record much volatility ahead of election in which the incumbent is contesting reelection because the incumbent will most likely win and there won’t be much of a change in economic policies.

However, in the last U.S. presidential election between Donald Trump and Hillary Clinton, the risks of change in economic and foreign policy was high because both candidates had widely different plans. Trump was easily the wild card because his proposed economic and foreign policy plans were ‘unconventional’ and Wall Street analysts were quick to opine that a Trump presidency will bring in a unprecedented level of uncertainty to the markets.

The effect of unexpected political events is muted on the markets

However, the chart above shows how U.S. equities and the volatility index have fared since Trump won the election.  You’ll observe that U.S. stocks have booked gains since Trump won the election on Nov. 8 2016. The S&P 500 is up 10.70%, the NASDAQ Composite is up 12.33%, the Dow Jones Industrials is up 14.14%, and the Russell 2000 (small caps) is up an incredible 15.04%. Conversely, the fear gauge in the market has recorded  a massive drop with the VIX index declining by 38.9% in the same period.

Steve Williamson, an analyst at Lionexo binary options observes that “the performance stocks in relation to the volatility index shows that U.S. equities have not been plagued by the expected volatility that should have resulted in a change in government.”  In essence, it appears that political risk is starting to have a lesser effect on the markets.

Interestingly, 2016 showed many signs indicating that political uncertainty has lesser influence on the markets. For instance, the markets recovered from the shocking Brexit vote in four days despite the fears that the Britain’s exits from the EU might trigger chaos in the Eurozone. The whiplash in U.S. stocks after Trump’s surprise victory didn’t last more than four hours. Italians rejected proposed constitutional changes from Matteo Renzi’s pro-EU government and the effect of the referendum was lost on the Italian market in about four minutes.

Pro-EU market watchers have started drawing inferences on how the results of the upcoming French elections could affect forex markets in the EU, U.S., and the rest of the world. One of the top candidates in the French presidential election, Marine Le Pen has indicated that she’ll drop the use Euro in France – a move that might be the prequel to France’s exit from the EU.

It still a little too early to know if the results of the French elections will have a drastic effect on the market or not. However, based on the recent performance of the markets, we can safely bet that the markets will see a swift correction that will erase any volatility irrespective of how the French vote in the next election.

Checkout Unique Finance and get a bonus from me.

Bitcoin The Pros and Cons of the Upcoming Currency

So a Miami judge has ruled that the digital currency bitcoin is not money in a money laundering case. The accused launderer was charged for selling $1,500 worth of bitcoins to undercover agents for use in buying stolen credit cards. There is mixed reactions to the ruling. The defendant, of course, is glad of the court victory but prosecutors are worried the judge set a precedent that would embolden criminals to wash dirty money with bitcoins.

Some 3,000 miles away in Suisun City, California, executives of WPCS International Inc. (Nasdaq: WPCS) received the news with keen interest. It may be odd since the company does not charge customers bitcoins for designing and building communications infrastructure and doing specialty construction, its main business. But the case and the ruling matter because WPCS owns BTX Trader LLC, which runs an online platform where bitcoins can be traded in multiple digital currency exchanges worldwide. The judge left bitcoin trading untouched making it business as usual for BTX Trader. WPCS is rated as a Strong Buy

BTX Trader’s Platform

The BTX Trader’s platform of the same name connects users to 14 bitcoin exchanges worldwide to retrieve market data and other users’ trade activity as well as to place trades. It has a built-in wallet called Celery that allows U.S. residents to buy bitcoin or dogecoin, another cryptocurrency, via direct bank transfers. BTX Traders earns from transaction fees from users. It also sells the wallet for the bitcoin equivalent of $99, $49.99 or $99.99.

Profitable contractor

WPCS’ traditional revenue sources are from low voltage communication and security contracting services. The company designs wireless networks and provides technology integration to create wireless communication systems, including WiFi networks, post-to-point systems, mesh networks, microwave systems, cellular networks, in-building systems and two-way communications systems. WPCS provides services mainly to the public services, health care and energy sectors.

The latest quarterly earnings report in March showed that operations in Suisun generated $286,000 in income for the fiscal 2016 third quarter and $886,000 for the nine months ended Jan. 31, 2016. The company’s only debt is a $150,000 vehicle loan and more than 96 percent of its $7 million assets are current assets.

Share Rally

With the recognition and use of bitcoin for paying goods and services growing, WPCS saw the opportunity of propping up revenues and attracting more investors by acquiring BTX Trader LLC in 2013. WPCS shares rose by a dollar from $1.51 to $2.53 before settling at $2 when the acquisition was announced in December that year. A share of WPCS is worth $1.52 as of July 26.

Shareholders were made aware of the many risks of the foray in the digital currency industry. One is the slowdown in the development of the Bitcoin network and reduction in the use of the digital money. There is also risk from the regulatory environment. The European Union is pushing for government access to bitcoin databases, identities of users of the virtual currency and users’ wallet addresses by next year to prevent terrorists from using bitcoins to fund their attacks. Such regulation could discourage bitcoin investment, though it is a recognition of the digital currency. There are also competing bitcoin trading platforms. But BTX Trader and WPCS welcome anything that heightens trading volumes of bitcoins.

Bitcoin pathway

The retail industry is slow in adopting virtual currency as a payment mode. Speculation is said to be the main driver of bitcoin trading. Risk-conscious investors can test the virtual currency as a go-to asset without being a trader or miner (those who record bitcoin transactions to earn bitcoins) themselves. WPCS is one such avenue.

Although the contractor belongs to a different industry, running a bitcoin service is not unusual for a company that is unrelated to financial services and retail. A mining company had ventured into bitcoin mining while a game developer is allowing players to pay in bitcoin to play. WPCS, through BTX Trader, plans to develop more bitcoin services as it serves its traditional customers.

For current Stock information on

https://www.wpcs.com/

References:

https://www.reuters.com/finance/stocks/companyProfile?symbol=WPCS.OQ

https://seekingalpha.com/pr/16419026-wpcs-announces-financial-results-3rd-quarter-nine-months-ended-january-31-2016

https://www.cheatsheet.com/business/all-signs-point-at-something-big-coming-from-wpcs-international.html/?a=viewall

https://www.coindesk.com/celery-launches-consumer-friendly-bitcoin-dogecoin-buying-service/

https://finance.yahoo.com/news/wpcs-announces-34-user-growth-133000509.html

https://www.financemagnates.com/cryptocurrency/exchange/btx-trader-launches-celery-marketplace-to-increase-bitcoin-and-dogecoin-adoption/

https://www.marketwired.com/press-release/wpcs-announces-public-beta-release-of-btx-bitcoin-trading-platform-nasdaq-wpcs-1865323.htm

https://www.cryptocoinsnews.com/btx-trader-snapped-nasdaq-listed-company-wpcs-international-arent-cheering/

https://www.reddit.com/r/BitcoinMarkets/comments/1uerjt/thoughts_on_btx_trader_is_it_any_good/

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=253099008

https://btxtrader.com/#/info/faq

https://www.cheatsheet.com/business/all-signs-point-at-something-big-coming-from-wpcs-international.html/?a=viewall

https://milli.io/how-to-make-money-with-bitcoin/

https://www.coindesk.com/5-ways-play-bitcoin-public-markets/

 

Checkout Unique Finance and get a bonus from me.

The truth about advanced commission in real estate that every professional need to know

Adults desire financial security more than any other thing in this world. People, especially real estate agents, sometimes have to wait for months for their rightful commissions. That can be demotivational for the professional and detrimental to his business. Business with money usually results in downtime that costs money and opportunities. Realtors might want an advance for advertising and marketing of their next open house, or they might simply want to upgrade their office space. In such instances, nothing helps more than commission advances.

Bigger advances for the bigger sellers

Did you know? The big sellers often get bigger advances. If you are a real estate agent or a realtor, who closes about 10-12 deals a year, you will be eligible for a bigger cash advance. Smaller agents who close about 3-5 deals only are usually eligible for smaller real estate cash advance amounts averaging $2,000. Although, the company will not check your credit records or your loan histories, they will check your ability to close these deals and maintain your commitments.

Quick solution to long-term money woes

Thankfully, the advance is quite instant, and the approval takes only a day maximum. You do not have to pay interest. You sell your pending commission at a flat fee to the advance commission company. You can apply for a listing advance; then when a seller shows interest in the open house and when you manage to close the deal, you can switch it to a pending sale advance. This will get you a larger amount for a smaller fee since it offers more security.

Pocket-friendly solution for pending commissions

A cash advance should not cost you an exorbitant amount. It should be a fixed percentage of your commission. In case the sale falls through, you can always look for new buyers. In the meantime, the company will charge you a nominal extension fee until you close the sale again.

Get advances for multiple listings and multiple pending commissions

There are cases when realtors come with 2 or more than 2 listings. Companies can try to limit the number of listings per realtor, but ideally, one realtor should be able to claim advance against multiple listings. There should be no minimum amount or maximum threshold of advance that the company can impose. A good company has transparent fees and candid policies about their lending limits per person. As we have mentioned before, the limits depend upon the professional performance and not on the credit scores or on the number listings up for advance.

No matter how many times you have already taken out advances for your pending commissions or how often you think about doing it, you should always check the details of the advanced commissions company. Read the fine print of their policies and check for hidden costs. The best are the companies that only cater to real estate professionals only. They can understand the individual needs of every realtor and real estate agent, and design their policies as per their convenience.

Checkout Unique Finance and get a bonus from me.

Essential Tips for Starting a Non-Profit Organization

You are excited to get started with your non-profit organization, and you are looking forward to making a positive impact with your community and the world. However, you need guidance to help you along the way.

Although there is a lot that must go into creating a successful non-profit, it is not so overwhelming that the average person cannot do it. There are some steps that you will need to take when you are in the initial stages of your non-profit start up. The following tips, if implemented correctly, will be the tools you need to have a successful non-profit.

Research

When you are considering starting a non-profit, it is important that you conduct some research. You will need to learn as much as you can about the cause you want to support. This will give you insight into knowing the organizations that already exist that are doing the work you are interested in doing. You will know the areas that still need assistance, as well as organizations that you can work with. By continuing to research, you will ensure your organization stays focused on its original mission.

Tax-Exempt Status

It is important to file for tax-exempt status when you want to operate a non-profit. Unfortunately, many non-profits choose to skip over this step because filing for this status can be expensive. They often realize that they need to complete a 501 c3 lookup 

When your organization has tax-exempt status, your donors will be able to receive tax-deductible receipts for any donations they make to your organization. This status is necessary to receive donations from corporations, and you will need it if you plan to apply for grant money for financial assistance.

Do not put unnecessary pressure on yourself. You do not want to find yourself in a position with a major donation pending and you do not have a 501 c3.

Create Your Non-profit Entity

Creating the legal organization for your non-profit can be accomplished in several ways. As previously discussed, the most common way is to establish your business as an independent 501 c3 is through the Internal Revenue Service. This is often a long process, and it requires the incorporation of your company in the state you wish to operate in. You will then need to file for a tax-exempt status using form 1024 from the IRS.

A faster way to do this is to create a non-profit organization through a fiscal sponsorship. This is when an organization that already has 501 c3 exempt status agrees to accept the structure of your non-profit within its organization. This will allow you to begin your non-profit projects while under another organization’s tax exempt status. Fiscal sponsorships are fast, inexpensive and simple. Make sure the organization you choose is reputable and is in good standing with the IRS and other non-profits.

You should have fun when you are helping other people. Always make sure that the people you are helping and the people who volunteer have fun also. That will make your endeavor even more worthwhile.

 

 

 

Checkout Unique Finance and get a bonus from me.

High Cable Costs Are Blowing Up !

The way we watch television today has dramatically changed from just a few years ago. It is no longer required to be tethered to the cable cord with several different streaming services such as Netflix and Hulu that could potentially save you thousands in the long run. Cable bills generally come in at a staggering two hundred dollars per month, but most streaming services have memberships as low as six dollars per month. Several new streaming services such as Amazon Prime Video, Amazon Fire TV, and Sling TV there are no longer a need for these pricey conglomerates.

There are several things you may need after you give the boot to your cable box and hardware devices you currently use to watch cable. For example, you will need an antenna, a streaming device like a smart TV, streaming stick or laptop type device and of course a streaming service.

 

Very similar performance wise to the Mohu Leaf, the Flatwave antenna costs a mere ten dollars and is powerful enough to reach broadcast singles thirty miles away. Sense you are dropping your cable provider saving, even more money, (Leaf priced at $70) only makes sense, and the size is small and can be mounted just about anywhere with its fifteen foot coax cable.

 

If you have a new smart TV, you are set to go because most of them come standard with streaming services like Netflix and Hulu already installed. If not grab inexpensive streaming sticks like Roku Ultra or a 4K player like Fire TV and Chromecast Ultra. If you’re a gamer, the PS4 and Xbox one have these streaming apps integrated in them already.

There are the common streaming services such as Amazon Prime, Netflix, and Hulu to choose from but there are some others to consider today as well. If you desire a more authentic cable viewing experience then DirecTV Now, Sling TV and PlayStation Vue will deliver. However, these replacements for your cable will cost you far more than the more common streaming services.

 

If you have not cut the cable cord yet due to losing your sports and premium channels like ESPN and HBO, we’ll wait no more, these highly sought after networks are cutting out the middle man. Every major network for sports, MLB, NFL and NBA, all have streaming services available, and you can now get HBO Live, Starz and Showtime streaming as well for a much lower price tag.

 

Cut yourself loose from the behemoth cable monopolies and start streaming your way to leaving your hard earned cash in your wallet. Stop paying astronomical costs for watching TV and stream your way into the future.

 

 

Checkout Unique Finance and get a bonus from me.

FIRST FOODS GROUP SUBSIDIARY ‘HOLY CACAO’ TO SWEETEN THE CANNABIS MARKET

 

 

 

        Read About the amazing Developments in Edible Cannabis Chocolates

 

       World-famous chocolatier, Oded Brenner, visionary behind Holy Cacao 

 

The Chocolate Vision for Cannabis Edibles

A young public company, First Foods Group, Inc. (“OTCQB: “FIFG), has taken an unconventional, but creatively successful route toward penetrating the exploding legal cannabis market expected to reach over $50 billion by 2025.

The Company’s recently incorporated subsidiary, Holy Cacao, is gearing up to market premium chocolate edibles that have been created and packaged by Oded Brenner, founder of “Max Brenner, Chocolate by the Bald Man.”  Brenner’s design, marketing and culinary artistry were behind the global success of the Max Brenner brand.

‘Merchant Advances’ Advancing Company’s Cannabis Strategy

So how is First Foods able to pile on cash so fast for its cannabis coup, while still maintaining just 16 million shares outstanding and zero debt? The answer is the Company has developed a powerful, fast growing revenue stream that already has produced impressive returns for its shareholders (www.FirstFoodsGroup.com)

In October, FIFG began investing in a variety of merchant services, whereby it makes short-term cash advances to businesses in return for an agreed-upon amount of future sales, paid by the businesses in small, regular daily payments. In just one month the Company has received a whopping 24.5% return on its investments according to CEO Harold Kestenbaum in a November 22nd Press Release.

 

Start-up Capital Now in Place

CFO Mark Keeley, who heads the new First Foods Funding Division, said he has already obtained all the start-up capital needed that will enable the company to speed its plans to target the burgeoning legal marijuana industry with its unique Holy Cacao product line.

The company said acclaimed cannabis expert Rob Hunt is leading Holy Cacao’s efforts to gain traction in the legalized states. Hunt is considered one of the most knowledgeable, connected and sought-after experts in the cannabis industry. He has already introduced the brand to some of the largest players in the edibles sector, all of whom are showing interest in signing on with Holy Cacao’s aggressive growth agenda. Hunt is now negotiating manufacturing and distribution deals, anticipating product launch in first quarter, 2018.

Remarkably Self-funded

To date, First Foods Group has been entirely self-funded by the Company’s Board of Directors, a rarity for a young public entity. This has kept the number of outstanding shares at the same 16 million that was in place at the time of capitalization, with virtually no short term, long term, or convertible debt anywhere to be seen. This is a formula that experienced investors rarely overlook, as it shows that the Board has its shareholders’ long term well-being as its primary focus.

 

TransMedia Group Retained to Roll Out PR Campaign

First Foods Group has retained the award-winning international public relations firm TransMedia Group (www.transmediagroup.com) to publicize its progress in readying “Holy Cacao” for entry into the growing cannabis market globally.  The PR firm has a long and distinguished track record in serving clients worldwide since 1981.  TransMedia Group has helped to make many public companies and their products successful from AT&T to Rexall Sundown, whose founder Carl DeSantis credits TransMedia for the awesome success of his company, which he sold for $1.6 billion.

 

 

 

 

 

Checkout Unique Finance and get a bonus from me.

How to Start a Successful Fintech Company

Starting a fintech company has the potential to become a lucrative venture. However, for every successful fintech company, there are many other similar businesses that fail. To avoid this situation, you should follow the tips below so that the fintech business you establish has a much better chance of succeeding.

Education and Training

Before you start a fintech business, you need to understand how business and finance work. In order to build this foundation, you should complete a relevant finance-related course, such as the online master of financial economics degree program offered by universities like Ohio University. An online MFE degree or similar course will equip you with the financial and business skills and knowledge required to become a leader in your chosen fintech area.

Focus on Your Goal

Today, there are many different types of Fintech businesses you could start including companies that deal with financial billing, payments, financial advice, business tools and integration with other financial systems. Unfortunately, many entrepreneurs jump from one business idea to another and eventually end up going around in circles and never achieve anything in their business careers.

To avoid this situation, you need to stay completely focused on the idea you intend to turn into a fintech business. The more you focus on your business idea in this way, the more you will understand the area you intend to work in and the more likely it is that you will eventually develop a much stronger, more effective company.

Attracting Investment

When you start a fintech business, it’s going to cost a lot of time and money to get it up and running. Most fintech startup owners have all the time in the world, but normally they don’t have the capital required to get their new business idea off the ground.

If you don’t have access to enough startup capital, it’s essential to try and attract investors who do have money. This exercise needs to be done in a professional and business-like fashion, which means you need to produce a comprehensive business plan and know all of your facts and figures before approaching any investor.

In many cases, investors will be investing more in you and your personality as much as they will be investing in your business idea, so you need to be organized, confident, and professional at all times. If you can do this, you will be much more likely to obtain the funding you need for your startup.

Build a Professional Team

The people who work with you will determine how successful your new venture becomes. From the start, you need to surround yourself with people who know what they’re doing and have the skills and experience required for a top-quality job.

Teamwork should also be a priority. As the driving force behind your new Fintech company, you need to develop a positive business culture amongst your team members.

As you can see, there are many factors you need to address before you start a fintech company. However, it’s not an impossible task and following the steps above will ensure that you are more likely to succeed with your new company.

Checkout Unique Finance and get a bonus from me.