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CORAL GABLES, FL/ ACCESSWIRE / March 5, 2019 / The tech stock market's success is predicated on the notion that, as society progresses into the future and is subsequently met with the challenges that may present themselves, tech companies will meet the demands of consumers. Unlike other industries, companies in the tech sector have the unique opportunity to recognize a societal issue and create an innovative product to solve this issue. Perhaps the only hindering factor to the success of the industry is if tech companies lose sight of the consumer and abandon their customer-centric foci in place of something more trivial. However, If companies rise to the occasion, the tech industry may see impressive gains as a result of favorable public opinions. Premier Health Group (OTC:PHGRF) (CSE:PHGI), Fang Holdings Limited (SFUN), The9Limited (NCTY), and Riot Blockchain Inc (RIOT) are 4 tech companies determined to advance their industry into the future.
Premier Health Group (OTC:PHGRF) (CSE:PHGI) is a company working to develop innovative approaches that combine human skill-based expertise with state-of-the-art technologies to create the best possible care solutions for their growing patient network.
Premier Health Group (OTC:PHGRF) (CSE:PHGI) announced in February the launch of at technology-enabled mental health counseling service for patients in urban centers and remote and under-served populations. Dr. Tahmeena Ali and Dr. Robert McKenzie are two Vancouver-based family physicians with extensive experience in mental health care and will be championing the initiative. Mental health has become something of a taboo to discuss, let alone seek treatment, and Premier is taking the steps to help their patients receive the care they need.
Following the announcement, Dr. Essam Hamza, CEO of Premier Health Group (OTC:PHGRF) (CSE:PHGI), commented, "it's disheartening to hear that 1 in 5 people in Canada will personally experience a mental health problem or illness and due to the lack of accessibility to care providers, we are failing to meet the needs of mental health care provision. Having the ability to offer virtual mental health counseling services is pivotal to our patient-centric app. Through my own practice, I have encountered a significant number of teens and young adults who would much rather use virtual services from the comfort of their home than come in person and wait in a busy waiting room to talk about their mental health."
Fangs Holdings Limited (SFUN), a leading real estate internet portal in China, announced towards the end of January that Mr. Jingbo Wang has resigned from the board of directors of the Company, effective from January 30, 2019. Per the details of the announcement, Mr. Wang's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
Vincent Tianquan, Chairman of Fang Holdings Limited, commented, "I, and the rest of the Board, would like to take this opportunity to express our sincere gratitude to Mr. Wang for his services to Fang as our Board member and wish him continued success in his future endeavors."
The9 Limited (NCTY), an established internet company, saw impressive gains in the market on Tuesday, with its shares up 19.48%, trading at $2.33 per share late in the afternoon. Just before the end of last year, the Company held its annual general meeting of shareholders in Hong Kong on December 17, 2018.
Per the details of the meeting, the Company's shareholders passed resolutions which included the increase of the total number of authorized ordinary shares of the Company from 250,000,000 to 350,000,000, so that the authorized share capital of the Company totals US$3,500,000 divided into 350,000,000 ordinary shares of a nominal or par value of US$0.01 per share.
Riot Blockchain Inc (RIOT) today announced that its Board of Directors is implementing leadership and governance structure changes. Jeff McGonegal is being named Chief Executive Officer, replacing departing Chris Ensey, who had joined the Company in January 2018 as its Chief Operating Officer and had been appointed interim Chief Executive Officer, in September 2018. Jeffrey Vormittag, Chief Operating Officer of the Company's wholly owned subsidiary, Riot Blockchain Canada Inc. will also be leaving the company.
In addition to the Company's leadership changes, the Company also announced changes to its Board Committee structure with the Nominating Committee and the Governance Committee being re-combined into one Committee. The Investment and Strategy Committee formed in September 2018 has been disbanded with the objectives of this Committee now being undertaken by the full Board of Directors
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