Platinum Pari-Mutuel Holdings Inc (OTCMKTS:PPMH) shares were up 5.36% on Wednesday to $0.179 and unchanged in after-hours trading. Share prices have been trading in a 52-week range of $0.02 to $0.72. The company has a market cap of $88.78 million at 507.93 million shares outstanding.
Platinum Pari-Mutuel Holdings Inc is a company that owns and operates entities in a range of technology sectors, including mobile hardware solutions, business intelligence and predictive analysis, social media, mapping or navigation systems, and game applications. It focuses investments on various developers, with solutions in a range of markets, and offers solutions for both domestic and international markets, including government entities, consumers, retail centers, financial markets, schools and individuals.
The company owns and manages a portfolio of four primary subsidiaries: Rugged Outdoor Computing Systems, Inc., Smacktive, LLC, mPathDiscovery, LLC and Smacked Ventures, Inc. Rugged Outdoor Computing Systems, Inc. architects mobile hardware solutions for public safety, homeland security and various commercial markets. Its systems represent management in technology for various markets that require integrated computer, video capture and communications.
In a press release yesterday, Platinum Pari-Mutuel Holdings Inc announced that wholly owned subsidiary, mPath Discovery LLC, has signed on two new channel partners and agreed to another exclusive partnership agreement. This gives the company an opportunity to close on several currently pending contracts while expanding their market presence.
One partner is Divinus Partners/ArmourGrid, which has extensive experience and knowledge in the counterfeiting intelligence industry. It will provide mPath services to clients such as Nike, Walmart, US Department of Justice, and Target. The other partner is Sagon-Phior, which is a highly recognized leader in providing marketing services to major national companies. These include Microsoft, Nestle, the American Cancer Society, and the American Heart Association. The company plans on utilizing mPath for branding and influencing customer awareness and purchasing habits.
We, as a society, are entering a new and exciting field of business study. Richard Neal, President of mPath Discovery LLC, has written extensively about and is considered to be a leader in the field of artificial intelligence and business intelligence solutions. His vision and capability for predictive analysis extends well beyond the normal offerings in today’s market. We believe that the addition of qualified sales representatives and channel partners will mark a turning point for mPath as it seeks to close several of the open contracts it currently holds, as well as creating new opportunities.,” noted Platinum Pari-Mutuel Holdings Inc Paul Baioni.
To add to this, mPath also signed a partnership agreement with Steven Frame, who is a highly qualified sales representative to assist with managing open contracts for mPath. Frame is focused on Global Sales Enablement via: Accelerating Sales with Data, A.I., Apps & Math + Digital Sociology. He has vast experience in InsideSales.com and his willingness to work with Platinum Pari-Mutuel Holdings Inc is proof that mPath is making waves as the industry recognizes its ability to deliver meaningful, customized Artificial Intelligence and Business Intelligence solutions.
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