For gamblers only, any in here ? GRSU

[brucefan]

• Print Friendly
• Share

SOURCE: Weyland Tech Inc.

April 27, 2017 09:00 ET
Weyland Tech's (WEYL) Partner MOCAAPP Announces Application Sales in the Philippines and Start of Vietnam Marketing


HONG KONG, HONG KONG--(Marketwired - April 27, 2017) - Weyland Tech Inc. (OTCQB: WEYL) ("Weyland" or the "Company"), a provider of mobile business applications, announces initial subscriptions and revenues from its South East Asian partner, MOCAAPP. Marketing and development of additional applications -- powered by CreateApp -- continues in the Philippines through the Company's white label channel partner.
According to the Department of Trade and Industry, the Philippines is home to nearly 90,000 Small and Medium businesses ("SMB's") and ~900,000 MSMBs (Micro-Small-Medium-sized-Business) overall. Weyland believes that a substantial number of these businesses will ultimately choose to expand their reach through mobile commerce (m-commerce), which has been the case in the US, Europe, and North Asia.
Leong Yew Poh, Chairman of Weyland's channel partner -- MOCAAPP said, "We are pleased with the ease of use and flexibility of the CreateApp platform and are encouraged by the initial marketing efforts in our partnership with Weyland announced in October of last year."
Concurrently, MOCAAPP indicated initial marketing and trade show efforts have begun in Vietnam.
Weyland believes the expansion of m-commerce in South East Asia is in the early stages and is working with their channel partners to become the mobile on-ramp for e-commerce in the region.
For further information about Weyland Tech, Inc., contact Rich Kaiser, Investor Relations, YES INTERNATIONAL 757-306-6090 (001-757-306-6090), yes@yesinternational.com, info@weyland-tech.com, and http://www.weyland-tech.com/.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements." The statements regarding the continued growth of the mobile app segment and the ability of the Company to continue its expansion into that segment and the ability of the Company to attract customers and partners and generate revenues. Often these forward-looking statements are identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). Expressly, all forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.
Image Available: http://www.marketwire.com/library/M...landmany-9c7cacd36a8fae2fb5ee1225e31c7354.jpg




Contact Information

• 
  Contact:
  Rich Kaiser
  Investor Relations
  001-757-306-6090
  yes@yesinternational.com
  info@weyland-tech.com
  www.weyland-tech.com

 

[brucefan]

5/10/17, 9:44 AM
$WEYL Announced 2 new acquisitions

https://www.sec.gov/Archives/edgar/data/1335112/000146970917000071/weyl8k_050917apg.htm

 

[brucefan]

WEYL Great QTR! Nasdq..........

Net Profit (Loss)


The Company had a net profit of $1,458,082 and $1,369,982 for the three months ended March 31, 2017 and 2016, respectively. The net profit for the period was due to the increased level of business and contribution from our Createapp business.


Included in Net profit was amortization of $87,983 for the three months ended Mar 31, 2017. (2016: $83,333).https://www.sec.gov/Archives/edgar/data/1335112/000146970917000084/weyl10q_033117apg.htm

 

[brucefan]

MAY 22ND Hearing regarding the big short , if that cert gets cancelled and returned to the treasury look out

 

[brucefan]

WEYL

Sign up to SCR Digest, our FREE weekly newsletter, and receive our Notes emailed directly to you.

Email Address	*
First Name

WEYL: Q1 Results Lets Wayland Hit Uplisting Requirements


05/25/2017
Download this Report ()
By Lisa Thompson

OTC:WEYL

Weyland (OTC:WEYL) reported Q1 2017 revenues of $2.8 million versus $2.3 million, up 25% from Q1 2016. We had been expecting revenues of $4 million; Weyland’s core subscription business performed as expected, while planned new business project ramps were delayed as go-to-market plans and additional cross-marketing service offerings are being developed. While the delays are disappointing, we view getting marketing plans right and accelerating complementary service opportunities as the right trade-off to make.

Gross margins declined from 72% to 63%, with gross margin dollars rising 11%. Operating expenses were $339,000 versus $257,000 as the company added staff. Operating income (also net income) was $1.5 million versus $1.4 million, up 6.4% and the company was untaxed. We had expected the company would recognize R&D expense in the quarter as it did in Q4 2016, but the company opted rather to pre-pay various items that will ultimately be recognized as such once the development is complete.

EPS was $0.07 versus $0.09 down due to an increase of shares outstanding of 35%. During the three months ended March 31, 2017, the company received proceeds of $363,755 from a private placement, once again increasing shares outstanding. As of May 4, 2017 there were 21.56 million shares outstanding, an increase of 777,000 shares from the average number reported for Q1.

Beyond the company’s operating goals its two main priorities are to improve the liquidity of the company’s stock and resolve its litigation. The company has now achieved the shareholder’s equity criteria to uplist to NASDAQ and its hopes to resolve its litigation within the next few months. After the uplisting, we believe that the company may do an equity raise late this year marketed to institutions.

Outlook

During 2017 the expectation is that the ‘core’ CreateApp Tool kit will continue to grow substantially (~20%-30%) while new accounts signed in 2016 will begin to reflect a small but material portion of revenue (~10%). The geography most in focus is Indonesia which is a >$900M annual opportunity including subscriptions, e-commerce and premium services. Singapore will also remain a key market with our DPEX partnership and, finally, in-store beacon opportunities are expected to begin to gain traction.

We expect revenues of $15.1 million and non-GAAP EPS of $0.05 in 2017 versus $13 million in revenue in 2016 and non-GAAP EPS of $0.07. By year end the stock could be worth $6.79 per share based on an industry average EV to sales of 6.1X and an estimated $26 million in sales in 2018.

READ THE FULL RESEARCH REPORT HERE

SUBSCRIBE TO ZACKS SMALL CAP RESEARCH to receive our articles and reports emailed directly to you each morning. Please visit our website for additional information on Zacks SCR and to view our disclaimer.

 

[brucefan]

WEYL , Rumors getting louder that NASDQ could be next week, major contracts announced, and private money buying in above the market

My advice is that when, not if this goes to 6, you would be foolish to sell. There has been a long base developed here and should support targets near 8-10 given the short trapped and the up listing finally happening

 

[brucefan]

INSIDER PURCHASE WEYL 5K @ 3.92 http://archive.fast-edgar.com//20170609/AAZ9Q22CZ22392Z2222H2CZZHR4KZZSR6292/

 

[brucefan]

Sorry Jing, your about to get Squeeeeeezed cockingasnook()

Jing Jing v. Weyland Tech, Inc., DEFAX Case No. D67777 (D.Del. Jun. 15, 2017), Kearney, J. (12 pages). June 28, 2017

http://www.delawarelawweekly.com/id=1202791495238?slreturn=20170530132210

reprints

• U.S. District Court of Delaware
• D67777

A stockholder was not entitled to have a restrictive legend removed from her shares where she failed to allege the shares were properly presented. Motion to dismiss granted.

 

[brucefan]

emailed to me

Spoke with Brent (CEO of WEYL) yesterday. Quick overview is that business continues to perform well (they have also identified a full pipeline of opportunities). WEYL initiated it's formal application with Nasdaq back in late December. WEYL continues to correspond with Nasdaq reps and address any questions from Nasdaq immediately when presented including a question from Nasdaq yesterday. The CEO recently purchased an additional 5,000 shares at $3.92 in the open market and now owns nearly 1/2 million shares. They remain committed to growing the company and have big aspirations longer term - he mentioned growing into a $500 million company via strategic acquisitions but they want to be on a listed exchange. They are also exploring discussions with the NYSE. They believe the growth rate and opportunities in SE Asia remain quite attractive and are in the early stages of rapid growth. He pointed out Indonesia as an attractive market (much more so than China)I suggest investors review the company's 10Q for further details regarding the company's financials.

 

[Diesel00]

weyl

emailed to me

Spoke with Brent (CEO of WEYL) yesterday. Quick overview is that business continues to perform well (they have also identified a full pipeline of opportunities). WEYL initiated it's formal application with Nasdaq back in late December. WEYL continues to correspond with Nasdaq reps and address any questions from Nasdaq immediately when presented including a question from Nasdaq yesterday. The CEO recently purchased an additional 5,000 shares at $3.92 in the open market and now owns nearly 1/2 million shares. They remain committed to growing the company and have big aspirations longer term - he mentioned growing into a $500 million company via strategic acquisitions but they want to be on a listed exchange. They are also exploring discussions with the NYSE. They believe the growth rate and opportunities in SE Asia remain quite attractive and are in the early stages of rapid growth. He pointed out Indonesia as an attractive market (much more so than China)I suggest investors review the company's 10Q for further details regarding the company's financials.

I keep buying bud. I'm up to 1069 shares at 3.62 current pricing I'm losing money for the most part now bc I came in hard at 4.50 but did capture 300 at 3.19 one day

 

[brucefan]

Most of the floats been put away . The stock hardley trades at all , but major interest in this company once they get listed . Strong feelings that the short has paid off finra keeping them off as long as possible .. The company has some high powered attorneys on it, and something will break soon. This could be one of the biggest winners we have all ever had . Huge earnings potential and short of 900k in a stock with no float . BTFD Buy the fckn dips!!! LOL





http://www.weyland-tech.com/

Joining the Company as Chief Technology Officer - Mr. Thet Twe Aung.
In addition, we expanded our Corporate and Business Development & Strategy team with the addition of Mssrs. Matthew Brent and Jason Chang, and our Capital Markets and Strategy team added Mr. John MacNeil.
Thet Twe Aung
Spending 10 years in software development industries, Thet has in-depth knowledge in various development methodologies, software design patterns, data modeling and hands-on experience with mobile/web programming, socket programming, frameworks, SDKs and APIs. In 2015, he founded and served as a CEO of Escape Pixel, a digital startup in Singapore that provides customized digital solutions to enterprises and businesses. With vision to shape the future of its community, he is also an active contributor/developer of many open source software projects which advance linguistic evolution, localization, and cognition.
Thet holds a Bachelor of Science with honors degree in Business Computing and Information Technology from the University of Wales, Prifysgol Cymru.
Mr. Jason Chang
Jason has been in the technology, corporate strategy, product management, sales and marketing sector for over 18 years. Started his career in Silicon Valley with various startups and his last position was the Regional Head for National Sales in Groupon Asia, a NASDAQ listed company. He oversaw sales, partnerships, business development and handled strategic accounts for Groupon's top merchants. Jason has led regional teams in Singapore, Malaysia, Indonesia, Taiwan and Hong Kong. He received his Bachelor's degree from University of California, Berkeley.
Mr. Matthew Brent
Matt has over 10 years' experience in software and product development across the US and Asia, working with local and remote teams to deliver global product for entertainment, media and technology companies such as Sony Computer Entertainment America, Activision Blizzard, The Upper Deck Company, and The Sesame Street Workshop. He has held senior creative, production, and operational roles at both bootstrapped startups and well-capitalized multinationals, most recently shipping a therapeutic neurofeedback program designed for children with attention deficit disorder. He received his Bachelor's of Philosophy from the University of Illinois, Chicago.
Mr. John MacNeil
John MacNeil has established extensive experience in the financial services and technology industries over the course of a thirty-year career. From 2008 to present, John advised technology, financial technology, and renewable energy companies on strategic relationships, financial forecasting, investor relations and capital formation.
Prior, John was a Vice President at Schroders Investment Management (1999-2008) where he was Portfolio Manager for the $300 million global technology fund (2003-2008) and the emerging technology fund. Before joining Schroders, John was an Equity Strategist (1993-1999) at UBS/PaineWebber and Citigroup/Salomon Smith Barney focusing on areas of asset allocation and technology investment. He holds an MBA from Columbia Business School, as well as a BSEE from University of Connecticut.

 

[brucefan]

Ok lets have some fun

Year end price targets WEYL

if they dont get listed we make new highs 7-8

If we get listed, we should be 12-15
cheersgif

2018 20-30

rumor has it that news flow should pick up shortly

 

[brucefan]

Picked this up from a guy on twtr who follows

if true, get ready for a big week next week :banger:

DAMS Consulting (@DAMSConsulting)

7/21/17, 7:48 AM $WEYL hearing co has regained 800K of the 1.5M that is in question that makes sense that buyins start next wk NO more protection for short

 

[brucefan]

Good week as we try to turn momentum back up

52 week high is 6.95



Price (WEYL)

 

[brucefan]

Weyland Tech's (WEYL) Indonesia Partner Announces Launch of Top-Up Application for Unbanked Population in Indonesia






MarketwiredJuly 24, 2017






HONG KONG, CHINA--(Marketwired - Jul 24, 2017) - Weyland Tech Inc. ( OTCQB :WEYL ) ("Weyland Tech" or the "Company"), a provider of mobile business applications, announced today that the Company's partner in Indonesia, OAP ("OAP"), has signed an agreement to provide a stored-value 'top-up' application aimed at the 120 million adults living without access to traditional banking facilities.
The application is designed to be offered via major telecommunications providers in Indonesia.
OAP has initiated a pilot program to 20 communities in Indonesia. Upon success of the pilot, OAP will offer the community application to the other 500,000 communities throughout Indonesia.
In Indonesia, the unbanked population, or people who do not have bank accounts, is still very large. The Financial Inclusion Index (Global FIndex) for 2014 shows that only 36 percent of adults in Indonesia have bank accounts, which means there are approximately 120 million adults categorized as unbanked. A Top-Up application enables unbanked smartphone users to purchase goods and services via their phones (e-commerce/m-commerce).
Indonesia, the fourth most populous country in the world, has seen explosive mobile phone growth alongside a burgeoning e-commerce industry segment. A smartphone boom has been fueling Indonesia's e-commerce growth. The e-commerce industry in Indonesia has grown from $12 billion in 2014 to $18 billion last year and is forecasted to touch $130 billion by 2020 as per Indonesian tech ministry spokesman, Ismail Cawidu.
Further details will be released in the coming months.

 

[brucefan]

8K FILING http://archive.fast-edgar.com//20170725/AEZ2A22CZ223K2Z2222I2CZZG4LFCZWR6292/

Item 1.01 Entry Into A Material Definitive Agreement

On July 20, 2017, Weyland Tech, Inc. (the “Company”) entered into an advisory agreement with TMC Prime Pte. Ltd (TMC) for the sourcing of strategic investments into the company by Southeast Asian technology companies and high net worth individuals with experience investing in technology companies TMC will commit to fund up to $10 million USD over a period of one year via direct investments.


The principals of TMC are former founders and executives of regionally based systems integrators, cloud services and mobile telephony companies.




Item 9.01 Financial Statements and Exhibits


(d) Exhibits


10.1 Consulting Agreement

 

[brucefan]

[FONT=wf_segoe-ui_normal][FONT=wf_segoe-ui_normal]
[/FONT]







[FONT=wf_segoe-ui_normal]Weyland Tech, Inc. (OTCQB: WEYL) Sources Strategic Investment for Expansion into Indonesia






[/FONT]





[/FONT]


Wed, 26 Jul 2017 17:24:09 GMT | MarketWired | Symbol:


HONG KONG--(Marketwired - Jul 26, 2017) - Weyland Tech, Inc. (OTCQB: WEYL) (the "Company") entered into an advisory agreement with TMC Prime Pte. Ltd (TMC) to secure strategic investments by Southeast Asian technology companies and high-net-worth individuals with experience investing in technology firms.
[FONT=wf_segoe-ui_normal]TMC will commit to fund up to $10 million USD over a period of one year via direct investments into Weyland Tech. [/FONT]
[FONT=wf_segoe-ui_normal]The funds are intended to be used for expansion and pilot programs aimed at exploiting the huge potential in the rapidly expanding Indonesian mobile commerce (m-commerce) market.[/FONT]
[FONT=wf_segoe-ui_normal]The principals of TMC are former founders and executives of regionally based systems integrators, cloud services and mobile telephony companies. [/FONT]
[FONT=wf_segoe-ui_normal]Matthew Brent, Head of Strategic Development/Productization at Weyland Tech commented: "Indonesia is quickly becoming one of the most important emerging markets in the world, driven in large part by the high rate of mobile adoption and increasing e-commerce participation. We're very excited about the opportunities that this strategic funding opens up for us as we continue to pursue our mobile-first approach through partnerships, strategic investments, and acquisitions across the region."[/FONT]
[FONT=wf_segoe-ui_normal]Safe Harbor Statement[/FONT]

 

[brucefan]

[FONT=wf_segoe-ui_normal]

• Home

PRESS RELEASE Weyland Tech, Inc. (otcqb:WEYL) Updates Investors on Uplisting Status



By
Published: July 31, 2017 11:03 a.m. ET
SHARE




HONG KONG, Jul 31, 2017 (Marketwired via COMTEX) -- HONG KONG--(Marketwired - Jul 31, 2017) - Weyland Tech, Inc. (otcqb:WEYL) (the "Company") would like to update shareholders on the status of its NASDAQ application for uplisting and address several key issues regarding market rumors.

Advertisement


As indicated in previous filings with the Securities and Exchange commission, the Company has filed its NASDAQ application and the standard review by NASDAQ staff is in process. We understand that that process can take up to twelve months. We have responded to initial comments and requests for information by NASDAQ staff, and those responses are under review. We have not been given a definitive timeline for approval, nor have we been notified that our application has or will be rejected. We believe that the Company currently qualifies for inclusion to the NASDAQ Capital Market and that our application will be approved following NASDAQ's normal and standard review period and processes.

​

In the interim, the Company's management has been made aware that it qualifies for the OTCQX, the highest tier of the OTC Markets Group where a number of esteemed companies such as Roche Holding, Allianz, BNP Paribas, BASF, Adidas and numerous others are listed. There are currently only 406 companies listed on the OTCQX, and the management of Weyland Tech is pursuing a transition to the OTCQX while its NASDAQ application is being processed.
Further updates will be forthcoming.







[/FONT]

 

[brucefan]

WEYL 10Q http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=12244411

 

[NorthernStar]

I was tempted to buy some of this..... so far glad i didn't. Now it seems down quite a bit and I am tempted again but the little voice in my head is saying no. Seems like it is only going down lately.