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Beyond Commerce, Inc. (OTCMKTS:BYOC) On A Tremendous Bull Run

Beyond Commerce, Inc. (OTCMKTS:BYOC) On A Tremendous Bull Run
Written by
Jarrod Wesson
Published on
October 16, 2017
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Today, we need to talk about Beyond Commerce, Inc. (OTCMKTS:BYOC), which specializes in the acquisition of "big data" companies in the B2B Internet Marketing Technology and Services space. Yes, this is a pretty hot sector right now, but we don't believe that this is the only good feature of BYOC. Company LogoThe share price commenced an upward trend in September. From $0.001, the stock price went to touch the $0.0198 share price level in less than a month. For those who need a calculator, that is more than an 1,800% return.That's not all. The amount of shares exchanged, which is a good estimate of market interest, has also increased quite a bit. Some days the amount of shares exchanged were as high as 20 million. We had not seen this amount of volume since last June.Have a look at the share price action before we explain what can be going on: 1 year chart for BYOCBusinessThe company's business objective is the development, acquisition, and deployment of disruptive strategic software technology, and market-changing business models through acquisitions, or organic growth. It seems quite ambitious.There is more. According to the information given to OTC Markets, the company plans to sell a cohesive global digital product and services platform aimed at providing a single point of contact for all of its B2B Internet Marketing Technology and Services. We believe that the idea may be successful, as this plan could create cross-selling opportunities if organic growth is achieved.The company was formed in Nevada on January 12, 2006. Initially, it was called Real Estate Services, Inc., but it changed its name to BOOMj, Inc. after a merger. In December 2008, another name change was executed and the company was called Beyond Commerce, Inc. to show its business objective more accurately.Recent sales and acquisitionsIn recent years, the company has made several deals to enhance shareholder value. The most significant are enlisted below:

  • In 2009, KaChing KaChing, Inc. was created as a subsidiary. It has an E-commerce platform that provides a complete turn-key E-commerce solution to third party store owners. Duke Mining Company, Inc. was merged with this company and BYOC maintained approximately a 19.1% stake in this company. The merger should have reported cash or stock, which should have been appreciated by the shareholders.
  • On October 9, 2009, LocalAdLink Inc., a subsidiary, sold its LocalAdLink Software and all its assets related to this business. The amount of money received should have been also appreciated. The company still operates for BYOC with a greater emphasis on business to business sales.
  • During the second quarter 2010, BYOC acquired Adjuice, Inc., which operates in the Ad Networking business. This company sells leads to over 350 retail clients along seven major verticals, all offering top payouts. Furthermore, this subsidiary owns and runs 120 sites.
  • On March 31, 2011, the company acquired AIM Connection, Inc., a leading direct sales affiliate, SEO provider, social network and website generator.

To sum up, the company showed in the past that it was very active in buying and selling businesses. In our opinion, this is very positive.This is the last information that the market received about the current operations. Note that it is still seeking acquisitions:

"The Company has reduced operations significantly and began a plan to investigate and, if such investigation warrants, acquire a target company or business seeking the perceived advantages of being a publicly held corporation and, to a lesser extent that desires to employ our funds in its business. Our principal business objective for the next 12 months and beyond will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings." Source

What's new?The company did not release new information to justify the share price increase.On the iHub forum, some market participants noted that a new CEO may have been elected and may commence a new IPO. However, we believe that it is better to wait until the OTC Markets confirms this information.In our opinion, the share capital statics could explain the share price volatility. Have a look:Authorized Shares1,000,000,000a/o Jun 09, 2013Outstanding Shares998,443,368a/o Sep 30, 2013-RestrictedNot Available-UnrestrictedNot AvailableHeld at DTCNot AvailableFloatNot AvailablePar Value0.001SourceWhat did we see?The amount of outstanding shares is equal to 998,443,368. If we take into account that 487,200,000 shares were issued in 2013 and given to private investors, we get that only 511 million shares are owned by the public. Hence, the float is quite reduced.This means that if big market orders arrive to the market, the share price could move quite a bit. It may explain the recent share price volatility. We need to note this feature, as some market participants appreciate low float penny stocks.ConclusionCurrently trading with a market cap of $18 million, BYOC is moving quite a bit recently. With $2.3 million in total assets and $13.6 million in total liabilities, we believe that new financing will be needed if new acquisitions are announced.The stock has been on a tremendous bull run this year. For those that missed the boat, best to wait for a pullback. For all those that got in early, congratulations!We will be updating our subscribers as soon as we know more. For the latest updates on BYOC, sign up below!Image courtesy of Jim Kaskade via FlickrDisclosure: We have no position in BYOC and have not been compensated for this article.

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