Coral Gables, FL / ACCESSWIRE / November 21, 2014 / Day to day life is getting more integrated based on the way we connect with the devices around us. Where it once was a simple TV to grab attention a few times a day, it's now our mobile devices that captivate our minds every second. Whether it is a simple text message or newly downloaded program, we react immediately to the chime of these devices; sometimes even stopping mid sentence to see what's happening.
With that, businesses are building complete infrastructures around this ideology that our pocket tech directs our flow of information and impacts how people make decisions during every waking moment. The future influence of connected devices is confirmed and there is little to doubt about the contribution of mobile apps, which has been said to be the main driver of this growth. According to Gartner Research, by 2017 mobile apps will generate $77 billion in revenues and would be downloaded an eye opening 268 billion times. So, in today's marketplace, investors are catching onto the growth potential in an already exploding marketplace.
Ubiquity, Inc. (OTC:UBIQ) recently announced that it is working to obtain an underwriter to move toward up-listing onto the NASDAQ. "We have been diligent in screening potential underwriters to help us prepare for a future NASDAQ up-listing and aim to finalize this process soon. The recent Registration Rights Agreement we extended to shareholders was met with overwhelming success as close to 90% of shareholders agreed to participate. This show of confidence further validates the work we are accomplishing at Ubiquity as we continue to strengthen our balance sheet while driving growth for our shareholders," stated Chris Carmichael, Chief Executive Officer and Chairman of Ubiquity. Through Ubiquity Labs the company holds a considerable portfolio of intellectual property that includes Web 3.0, immersive advertising, eCommerce, and additional mobile applications.
Recently the stock has hit an all-time low. On Monday UBIQ shares slumped to lows of $0.70. Obviously for investors following the stock price, they have recently found that these lower prices have offered above average buying opportunities. Ubiquity's price has recovered significantly since those lows from earlier in the week. Wednesday marked the stock's first positive close in nearly 10 trading days. The trend has continued through the Thursday session and could be positioned for a continuation into Friday. During yesterday's market, UBIQ enjoyed gains of as much as 40% and highs of $1.26. Following a $1.22 close, the increased volume and positive price movement could bode well for the stock before the close of the week.
(for more information on UBIQ and related companies please visit http://dailystockreporter.com/market-scan/?symbol=ubiq)
Thinspace Technology, Inc. (OTC:THNS) announced very attractive earnings results for its 3rd quarter. Among the many positives was an increase in year to date revenue by more than 470%. Thinspace reported revenues to date for 2014 at $5.07million as compared to that of $984 thousand during the same period in 2013. The company also significantly reduced operating expenses as a percentage of revenues by nearly 20% over the previous quarter. "With focused, innovative development unifying our hardware and software enterprise virtualization solutions, we now have a comprehensive suite of offerings to suit the needs of any enterprise, big or small, delivering desktop virtualization in an easy-to-use, effective, and economical manner," stated Chris Bautista.
Since making the announcement, attention on the stock has increased, which have included analyst reports being distributed by companies like SeeThruEquity, which issued an analysis on the Company's most recent quarter. Over the past week, Thinspace's stock price has jumped 27% from $0.16 on Monday to highs of $0.208 this pas Wednesday.
(for more information on THNS and related companies please visit http://dailystockreporter.com/market-scan/?symbol=thns)
Eventure Interactive (OTC:EVTI) saw an incredible drop in price during the latter part of October. The stock plummeted from just over $1.61 to lows last week of $0.121. Since hitting this rock bottom PPS, the stock has actually begun to slowly recover. Since last week, the stock has bounced back by nearly 80% as of the close on Thursday. Eventure develops unique applications to complement already existing software or to bring new apps to market. In the near-term, EVTI has focused on its Eventure application to offer its users an engaging way to share life moments with friends, family, and others.
(for more information on EVTI and related companies please visit http://dailystockreporter.com/market-scan/?symbol=evti)
Research continues to support that overwhelming use of mobile and computer applications truthfully run our daily lives. In the same Gartner study, Brian Blau, research director at Gartner said, "Mobile apps have become the official channel to drive content and services to consumers. From entertainment content to productivity services, from quantified-self to home automation, there is an app for practically anything a connected consumer may want to achieve. This connection to consumer services means users are constantly funneling data through mobile apps. As users continue to adopt and interact with apps, it is their data - what they say, what they do, where they go - that is transforming the app interaction paradigm."
As apps become more sophisticated, so do its users and with that, the limits continue to get pushed. This positions many "next level" investors to keep building wealth in "the cutting edge" and they continue to find the tech space a familiar place to do so.
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