ABT Acquires Revolutionary AutoClaim Mobile Technology Application
Pasadena, CA, June 22, 2015 (GLOBE NEWSWIRE) -- ABT Mining Co. (Pink Sheets: ABOT.pk, the “Company”) announced that the Company has acquired “AutoClaim” Mobile App (the “App”), an advanced “Proprietary” real time Mobile Claims Documentation and Management System. The App will be available as a free download for personal use to over 200 million licensed drivers in the United States. All drivers, including commercial fleets, municipalities, and government agencies can utilize this App.
The App is indented to revolutionize the multi-billion dollar auto insurance claim industry at an operational and strategic level that will enhance customer service, streamline data management for effective decision making on claims, improve capital efficiency by correctly managing claims portfolios and provide many other benefits to insurance companies and its policyholders. The proprietary technology of AutoClaim will be a great asset for all users as it provides additional benefits to the end-user including customized and tailored offers, discounts and coupons. For more information on the App, viewers can go to www.ABTHoldings.com or www.AutoClaim.com.
Mr. Imran Firoz, CFO of the Company commented, “This is a major step forward in improving the Company’s balance sheet by adding a significant asset that can generate multiple residual revenue streams, while creating a positive cash flow for the Company.” Mr. Shahan Ohanessian, President and CEO of the Company, further elaborated, “Statistics show with more than 10 vehicle accidents every minute and over 90% of the accident victims using a smartphone, the AutoClaim App’s growth opportunity is tremendous. This untapped vertical will continue to grow as ABT will enjoy the first-mover advantage in the Mobile Claims Management business.”
The App is scheduled to be released as a free download for personal users between Q4 2015 / Q1 2016.
Our Newest Profile isABT Mining Co. Inc. (ABOT)
Company Website: http://www.abotmining.com/
|
About Company:
Abot Mining Co. is a diversified holding company engaged in investing, acquiring, developing, and growing various businesses that provide strategic advantages, generate attractive returns and significant free cash flow in order to maximize value of our shareholders.
Recent Press
ABT President Announces Shareholder Update for Future Business Growth, Corporate Strategies and Operations
Pasadena, California, June 17, 2015 (GLOBE NEWSWIRE) -- ABT Mining Co. (Pink Sheets: ABOT.pk). Recently appointed President and CEO of ABT Mining Co. (the “Company”), Mr. Shahan Ohanessian today released the following Shareholder update regarding the company’s future business growth plan.
Mr. Ohanessian stated that the Company will immediately begin to take more diversified approach to its current and future operations in order to achieve higher growth for the Company, this will include but not limited to acquisitions of advanced technology applications and systems that will improve value and productivity of businesses in critical areas, instantly improve life of end-users on a daily basis, and impact local and global commerce as it is rolled out in the domestic and international markets. Mr. Ohanessian further elaborated that the Company will review and evaluate its existing portfolio of its mining assets and take actions to improve the viability of these projects.
As stated previously, Mr. Ohanessian has an extensive background and vast knowledge in all areas of the insurance industry, including designing and development of advanced software technology programs for claims management, vendor referral and expedited payment management programs. This specialized experience of Mr. Ohanessian combined with his proven track record in creating value for growth in companies and producing a multitude of significant revenue streams is a great asset for the Company.
Company CFO and Director Imran Firoz further stated, “The Company’s plan to advance its operations in the technology application for use in the Insurance sector would not only significantly increase the assets and simultaneously generate consistent revenues for the Company but also will enable insurance companies to re-imagine their business model and deliver the experiences their policyholders expect."
|
Get started on your research right away. Considering the lack of publicly available information it is important that you realize the highly speculative nature of this situation.
Remember, we always encourage you to do further research. Never take our word for it, read our disclaimer to see why, and of course always consult a professional.
Just because a situation looks great things can still go wrong and often do. Be smart and protect yourself.
Join us in chat!
Kind Regards,
Stock Meets |
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Disclaimer& Risk Disclosure: The disclaimer is to be read and fully understood before using our site, or joining our email list.
Please note well: StockMeets.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. This is a Paid Advertisement.
We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. StockMeets.com is focused on assisting quality, undervalued, Companies attain the market solutions needed to thrive in today's public market. Commanding market knowledge and a deep understanding of what it takes to produce success, we custom tailor programs to meet Company goals effectively and efficiently. Our goal is to exceed expectations by strategically moving your Company to the forefront of the investor community.
The information contained in our website should be viewed as commercial advertisement and is not intended to be investment advice. The website is not provided to any particular individual with a view toward their individual circumstances. The information contained in our website is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them. We have been compensated one thousand five hundred dollars for this one day profile on ABOT by INS Inc.
Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies profiled based solely on information contained in our website. Individuals should assume that all information contained in the website about profiled companies is not trustworthy unless verified by their own independent research.
Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.
Information contained in our website will contain forward looking statement as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company's most recent reports or registration statements filed with the SEC. We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company's plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable.
To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the website, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information). We encourage you to invest carefully and read investment information available at the websites of the SEC and FINRA
StockMeets.com and its employees and affiliates may own, or may buy and sell, securities of companies profiled in this website at any given time. StockMeets.com does not guarantee that it will purchase the securities of profiled companies. StockMeets.com has no obligation to inform readers of its trading activities or the trading activities of any of its employees and/or affiliates.
Safe Harbor Statement This website includes forward-looking statements pertaining to future anticipated projected plans, performance and developments, intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Any statements on this website that are not statements of historical fact should be considered forward-looking statements. These forward-looking statements generally can be identified by phrases such as “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates,” “intends,” or other words or phrases of similar import. Similarly, statements in this website that describe a company’s business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Terms of Use By using the StockMeets.com website, you signify your agreement to our Terms of Use. If you do not agree to these Terms of Use, you may not use the StockMeets.com website. We reserve the right, at our sole discretion, to change, modify, add, or delete portions of these Terms of Use at any time. StockMeets.com contains many links to other websites, including paid advertisements, whose content is not managed by StockMeets.com. Accordingly, StockMeets.com is not responsible for the content of those external websites.
Copyright Notice All rights, including copyright, in the content of these StockMeets.com web pages are owned or controlled for these purposes by StockMeets.com. In accessing StockMeets.com web pages, you agree that you may only download and/or view the content for your own personal non-commercial use. Except where expressly stated otherwise, you are not permitted to copy, broadcast, download, store (in any medium), transmit, show or play in public, adapt or change in any way the content of these web pages for any other purpose whatsoever without the prior written permission of the StockMeets.com.
Compensation Disclosure This website, StockMeets.com provides readers with information regarding publicly traded companies that have retained StockMeets.com to provide advertising, news and public relations. StockMeets.com may receive compensation from the companies in the form of cash and/or securities in the company.
We encourage you to invest carefully and read investment information available at the websites of the SEC at www.sec.gov and FINRA at www.finra.org.
|
No comments:
Post a Comment