OTC Markets Technology Sector Growth

Sep 23, 2016, 09:00 ET from FinancialBuzz.com

NEW YORK, September 23, 2016 /PRNewswire/ --

There is no doubt that technology is essential in our everyday lives. The technology sector in the OTC markets are very volatile and often presents a high risk to high reward situation. In the OTC markets, for low priced companies following these key characteristics of knowledge, transparency, and news worthiness are a must. Textmunication Holdings Inc. (OTC: TXHD), SinglePoint Inc. (OTC: SING), Strikeforce Technologies Inc. (OTC: SFOR), Force Protection Video Equipment Corp. (OTCQB: FPVD), Max Sound Corp. (OTC: MAXD)

As our modern day technology and social media continues to boom, communication technologies also continues to progress. Text-based communication, for example, is being overly used in our society as a result of its convenience and popularity. Online mobile marketing platform service provider, Textmunication Holdings Inc. (OTC: TXHD) has assisted thousands of clubs by connecting them with their members through sending SMS messages. Textmunication gives club members the opportunity to connect with the content they are satisfied with allowing the business to release current offers, promotions, alerts, events, personal training schedules, or any other campaign.

Textmunication Holdings Inc. (TXHD) CEO, Wais Asefi this week announced that, "We have accomplished several goals this past quarter:- Signed exclusive SMS arrangement with CORAnet Solutions and have entered the Healthcare sector with a leading Patient Health Record (PHR) firm who is integrated with Allscripts, the world's largest Electronic Health Records (EHR) company. CORAnet Solutions has plans to scale its service to more than 10M subscribers in the next 18 months. They will be sending SMS notifications as part of their platform in the U.S. and abroad. Upwards of 30 million SMS could be sent monthly once the platform reaches peak performance. - Executing a scalable plan to the premier Club Management Software (CMS) companies for conversion to our SMS solution. ABC Financial, the largest CMS company, announced an exclusive partnership with Textmunication and will now begin promoting our solution to its large customer base.- We are targeting several companies for merger and acquisition. In addition to our organic sales growth, we are seeking Quick Service Restaurants (QSR), SMS competitors and an innovative Healthcare firm as potential targets. Our goal is to find synergistic companies who are also large users of SMS."

Another mobile technology and marketing provider has made recent headlines. SinglePoint Inc. (OTC: SING) is in the final stage of the company's corporate audit process, that's needed to become a fully reporting company in order to be up-listed to the OTCQB® Venture Market Place. The company's audit could be completed by next week, at which point SinglePoint will file Form 10 with the U.S. Securities and Exchange Commission and become a fully reporting company. After the SEC's review and acceptance, SinglePoint plans to complete its process of up listing to the OTCQB within 60 days.

Strikeforce Technologies Inc. (OTC: SFOR) shares have surged over 1900 percent in 6 months and has made 52week highs at $0.11. Strikeforce is a software development and technology company that provides integrated computer network with their security products. The software is mainly designed to protect network owners and prevent unauthorized access to users from cyber security attacks and data breaches.

Force Protection Video Equipment Corp. (OTCQB: FPVD) is a company that sells miniature body video cameras and accessories to consumers, but mainly to law enforcement agencies. Due to major events that has shocked the world, such as the Chelsea bombing and the Charlotte protest with law enforcements, there has been a significant increase for these products. Shares of the company increased in value by over 190 percent since August.

Max Sound Corp. (OTCMKTS: MAXD) has recently announced that the company has signed a Term Sheet with Vedanti Systems in order to connect in a strategic partnership with a revenue split for future monies established from patent infringement and license agreements and resolve their ongoing lawsuit. The Company sells and license merchandises and services built on its MAX-D HD Audio Technology (MAX-D) for sound recording and playback. Shares of the company rise climbed 500 percent in 6 months.

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