CORAL GABLES, FL / ACCESSWIRE / July 15, 2015 / The next cycle of tech earnings is planned to begin this week and markets are on the cusp of a huge avalanche of data. With bigger stocks like Box and Twitter finding presumptuous analysts projections, many small cap public companies have enjoyed more of a "trickle down effect" as markets have been heating up in both price and volume over the course of July. These tech companies range in focus from drones to cloud computing and everything in between. In fact, drones in particular hot gotten much more attention after the US Government, more specifically the Air Force, announced that it will be offering bonuses to those drone pilots who finish initial commitments. The bonus could be upwards of $15,000 every year for 5-9 years. The Air Force plan in addition includes a pledge to spend more than $100 million to buy more equipment to help increase the service's capacity to use drones to provide video surveillance. Tech companies like Golden Star Enterprises Ltd. (GSPT), Stragenics, Inc. (ASAB), and SMA Alliance Inc (SMAA) have begun to see increasing visibility by the investment community.
Golden Star is in this drone industry through an acquisition of 100% licensing rights for manufacturing and distribution of North American Drones Enterprises, Inc. Unmanned Vehicle Systems International forecasts the total domestic impact to increase from $13.6 billion to more than $82 billion by 2025. After selling a non related business, Vapor Spirits, to Wee-Cig, the company not only has a major interest in Wee-Cig but now has the ability to focus on building out its drone division. Over the last year and a half, share prices have ranged from $0.0295 to $0.16 with recent price trending around $0.043. This latest move by the US Air Force could be a catalyst for momentum in the market for drone stocks like GSPT.
Stragenics Inc. has seen a spike in prices over the last few days. From lows of $0.0024, the stock jumped to highs of $0.0086 on Tuesday with volume trending well above average. In the company's most recent PR, the Company stated that its new venture business development initiatives are in the finalization phases of its "enhanced product development push." This includes the completion of BakedAmerican.com website as well as other strategic investments into early stage technology companies with proven revenue models.
SMA Alliance stated in a shareholder update earlier this week that among other things the Company would be updating the financial with current information on OTCMarkets within "upcoming days." SMA has been working closely with mobile app developers to create gaming applications for IOS and Android systems. A reward platform has also been outlined that would give redeemable rewards to sites like Amazon.com (who's celebrating Black Wednesday today) for any item of similar value or credited towards any other item. Since the end of June, shares of SMAA have been climbing on above average volume from lows of $0.0001 to highs of $0.0008; a swing of 700% in the matter of a few weeks.
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