28.9 F
New York
Saturday, January 23, 2021

What You Need to Know About Agora Holdings Inc (OTCMKTS:AGHI)

Must read

American Battery Metals Corp (OTCMKTS:ABML) Hitting Key Milestones

Over the course of the past week, American Battery Metals Corp (OTCMKTS:ABML) has been in focus among investors after the company announced...

American Green Inc (OTCMKTS:ERBB) Stock Gains Momentum on Amazon News

One of the more interesting operators in the cannabis space in 2020 is American Green Inc (OTCMKTS:ERBB), and this week, the company...

DSG Global Inc (OTCMKTS:DSGT) Hits Multi-Month High On Sudden Optimism

DSG Global Inc (OTCMKTS:DSGT) has been in the news over the past week or so after the company placed large orders through...

AppYea Inc (OTCMKTS:APYP) Stock Gains Momentum on High Volume

Over the past couple of weeks, many stocks in the over-the-counter market have recorded considerable gains and one of the notable ones...

Agora Holdings Inc (OTCMKTS:AGHI) is a fast moving penny stock coming off support at the dime level, helped along by recent news out of the company including the long-anticipated launch of its FRAME Social Media App. The headlines have been accompanied by aggressive promotional activity, and the ratio of volume to movement suggests quite a bit of unloading of shares into the move.

That said, the move has been extremely successful for traders who got involved early, with just about 100% during the past month in terms of shareholder gains in the name. AGHI has a history of dramatic rallies, so this should come as no surprise. In addition, as noted, interest has been stimulated very successfully in the current move, with an increase in recent trading volume of 990% beyond its prior sustained average level.

Agora Holdings Inc (OTCMKTS:AGHI) is a software development firm born in the 1990’s tech bubble that now trumpets itself as a “real estate funding and holding company based in New York City serving early-stage, high-potential companies and technologies.” In its new incarnation (post mid-2014), the Company is guided by Danail Terziev, who took over when the AGHI shell ingested “Geegle Media”.

On an operational basis, AGHI, together with its subsidiary Geegle Media and affiliates, is “a diversified international family entertainment and media enterprise with five business segments: media networks, TV, studio entertainment, consumer products and interactive media.”

Without belaboring issues, here’s the big sell right now: The company just introduced its “FRAME” app, (or at least it has announced it just introduced it — we couldn’t actually find it or see it or use it because it was apparently just introduced to 1000 Canadian college students).

The elevator pitch for FRAME is that it’s a unifying tool for social media. For example, if you just took a picture of Donald Trump and Hillary Clinton holding hands on a park bench, and you want to blast it out to everyone you know and don’t know, you will apparently be able to do that through the FRAME app, which will connect the content up with your FaceBook, Twitter, Instagram, SpoutIt, TMI, and ImImportant accounts (and yes, the last three were our invention).

“We are excited to bring to market the highly anticipated FRAME social app. The need for simplified digital communication is unarguable, and Agora Holdings is pleased to be at the forefront of the next evolution within this market,” says Dan Terziev, CEO of Geegle Media.

Apparently, FRAME will be available at the Google App store for both Android and iOS. However, we have as yet no indication of when that might be. The stock will really see some volume if/when that step is actually accomplished.

Also note: The app is set to be free for non-commercial users. One assumes the theoretical monetization model will be through advertisement space?

At this time, carrying a capital value in the market of $21.1M, AGHI has almost no cash on the books, no real sales, and a mountain of recent share creation, but a manageable debt load consisting of $115,169 in convertible notes as of June 30, 2016. Revenues are effectively non-existent (under $20k and falling year/year). This is a concept and marketing play, if ever there was one. They do seem to know about the concept of promotion, so marketing may be a strength. But the app has to appear at some point in the app store, or this is likely heading for a bumpy ride. All of that said, the longs are winning in recent trade, and there’s some clear excitement in the tape at present. One gets the feeling that this story is either going to explode or blow up. Either way, it’s going to be an exciting ride and we at OD are all over it. To get the full story on AGHI subscribe below to oracledispatch right now.

Latest article

Grayscale Ethereum Trust (ETH) (OTCMKTS:ETHE) Attempts To Rebound On Bullish Note

While the remarkable rally in Bitcoin has led to breathless speculation about its long term price, the recent rally in Grayscale Ethereum...

Sunhydrogen Inc (OTCMKTS:HYSR) Continues to Trend Higher on High Demand

One of the sectors to have come into significant focus among investors in recent times is the hydrogen...

Artificial Intelligence Technology Solutions (OTCMKTS: AITX) Moves Up Quickly On Solid Volume

The artificial intelligence industry has grown at a remarkable pace over the past half a decade or so and over the coming...

Signal Advance Inc (OTCMKTS:SIGL) Makes a Big Move, Again.

Speculation and confusion can often lead to strange occurrences on the stock markets and that is what happened...

Ozop Energy Solutions Inc (OTCMKTS:OZSC) Remains Volatile: Stock in Focus

Those who are looking to discover stocks that may have made big moves over the course of the past week could consider...