Level 7 Global Holdings investment portfolio growing as expected
Miami, Florida / December 12, 2016 / The management of Level 7 Global Holdings is very pleased with the growth of the company’s investment portfolio.
Level 7 Global Holdings Corporation, an investment and private equity firm specializing in the provision of capital and services for start-up, early-stage and established companies, reports on the growth of its investment portfolio.
Its shares in Active Ticketing Plc., a mobile online ticket system in the dynamically growing entertainment market, has managed to add four additional sales partners for its STIKIT distribution platform in Indonesia, India, the USA and Australia in the past few months. Active Ticketing has thus been able to expand its position in Southeast Asian and India. In addition, a key competitive advantage was created by the signing of a sales agreement with three of the world’s largest telecommunications operators that will allow Active Ticketing to offer tickets online in more than 14 countries in 2017. People around the globe are increasingly using mobile apps to purchase goods and services. This serves the demand of the rapidly growing middle classes in emerging economies quickly and efficiently.
In the past season, Active Ticketing supported the Sahara Force India F1 Team at the Grand Prix of Abu Dhabi and successfully sold tickets to the fans.
For the major events in 2017, the MMIX Conference in Barcelona and the upcoming football seasons in England, Scotland, Spain, and France, more than 1 million tickets will be offered online by Active Ticketing.
Another important driver of growth in Level 7 Global Holdings’ investment portfolio has been LocoSoco PLC., a cloud-based platform that brings together local trading communities. A steadily increasing number of individual sales platforms are appearing for the B2B trade. LocoSoco sets up strategic partnerships to combine excess capacities that can be offered to other members of the community via messaging systems. This gives private and public trade groups new purchasing power. Extensive tests have been completed and LocoSoco will be hosting marketing events for various private and public groups from its new offices in Stratford, England, starting in early 2017. LocoSoco see the opportunity to disrupt many industries by giving there users the buying power to save substantially across retail goods, local services and wholesale products and are working to bring a catalogue of offerings together from the start.
Several holdings valued at several million pounds each with similar business models as companies already listed on NASDAQ First North are expected to have successful IPOs in the coming year. LocoSoco is thus on the right growth path.
Alex Media Technology, another company in the Level 7 Global Holdings investment portfolio, is expecting to post its first sales shortly as it enters the B2B market with its new product COAST. COAST (“Computing On A STick”) has successfully undergone tests conducted by cybersecurity experts and the software is now being readied for the mass market.
Currently, all of the holdings are growing as expected and management expects that Active Ticketing, LocoSoco, and Alex Media will be listed on NASDAQ First North in the first or, at the latest, second quarter of 2017.
Level 7 Global Holdings is thus living up to its entrepreneurial vision and its focus on young emerging growth markets. In the phase just before the market entry, it is important to keep enough resources on hand. Level 7 Global Holdings can provide this thanks to its investors for its holdings in Alex Media, LocoSoco, and Active Ticketing.
Currently, the NASDAQ First North is very popular and liquid for IPOs of tech companies (source: http://www.pwc.co.uk/audit-assurance/assets/pdf/ipo-watch-europe-q3-2016.pdf). Accordingly, we expect that the combination of good business ideas and a strong corporate structure with a liquid and prestigious stock market to result in successful IPOs for all of our holdings.
Media Contact:
Level 7 Global Holdings Corp.
7950 NW 53rd Street Suite 337
Miami, Florida 33166
Phone: +1.305.407.9619
E-Mail: media@l7holdings.com
Website: www.l7holdings.com
About Level 7 Global Holdings Corp.:
Level 7 Global Holdings Corp. is a company that provide services as a Holding and Private Equity Firm to businesses, and asset management in all profitable business sectors that includes but is not limited to the media, the tech sector, digital technology, manufacturing, online retail and others. We are involved in start-up companies seeking to infiltrate fast-growing markets and we specialize in early-stage financing, venture capital and private equity. Beside our main investment strategy as noted above, Level 7 is also involved in the acquisition of shares from already well established companies that have a history of profitability, sustained earnings and positive cash flow. The aim of our portfolio strategy is to provide the company both room for growth, income flow, and capital appreciation on a sustained basis. Our Exchange Traded Instrument (ETI), listed on the Frankfurt Stock Exchange, offers the professionals and institutional investors the opportunity to invest in our instrument. For more information, please visit: www.l7holdings.com
Disclaimer:
This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of Level 7 Global Holdings Corp. and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, and other factors. Level 7 Global Holdings Corp. does not assume any obligations to update any forward-looking statements. This document if for information purposes only and no investment advice neither a solicitation to offer, purchase or sell the profiled securities.
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