Hotstock QMKR Incumaker whose strategic plan is to acquire interests in young businesses, recently announced it had completed merger with Skyauction.com.
Hotstock QMKR Incumaker, Inc. is a diversified holding company and Hotstock whose strategic plan is to acquire interests in young businesses, and provide financing, advice and guidance to assist them in realizing their potential. It continues to identify and evaluate potential acquisitions that its management believes will create shareholder value and a return on investment. QMKR Hotstock recently announced it had completed the merger with Skyauction.com.
$QMKR Hotstock Incumaker adds deep industry expertise in the platform technology that will allow the Company to roll out and develop new and existing products. The combined platforms see 945,000 unique visitors on an annual basis, more than doubling uBid’s current site visitors. Also, with the completion of the merger, the Company adds $4.3 million in revenue and gains the ability to utilize the existing customers of the separate entities to increase its products offered by 50% to their respective customer base.
According to IBISWorld, in 2017 $394 billion was spent on ecommerce and auctions in the United States
QMKR Hotstock also announced the completion of the agreement to merge with Skyauction.com, Inc. SkyAuction is a leading B2C travel auction website founded in 1999 that allows customers to bid on and purchase a full array of travel products and services. Product offers are presented in both reserve and no-reserve auction formats (many with a $1 minimum bid) that offer customers significantly discounted travel products without the obligation to meet a minimum price. Auction winners ultimately pay only the amount that they perceive to be a good value for the product or service. SkyAuction currently offers hundreds of hotels, resorts, cruises, discount certificates and many other travel related products as part of their daily auction offerings. Founded by veterans of the travel industry, Skyauction.com has many long-term relationships with top tourism providers worldwide in this Hotstock
QMKR Hotstock is going to bring these 2 auction sites back to prominence, this public company at .045 a share stands to make some potential investors very, very happy.
Some information is obtained from QMKR Hotstock issued press releases from Yahoo.com finance