TheDirectory.com Inc (OTCMKTS:SEEK) Is Today's Penny Stock Focus

Today, we are going to talk about another low float runner that seems to be waking up. It is the stock of TheDirectory.com Inc OTCMKTS:SEEK), a local business search directory and Internet media Company founded in 1983.What's going on?The company seems to be changing its strategy and is now targeting new opportunities in Technology and Emerging Markets.That's not all.We had access to new information that shows that the company now owns 60% stake in UNITED CONSORTIUM (OTCMKTS:UCSO), which runs projects in the cannabis, blockchain, and legal sectors.UCSO and SEEK are said to be working for sending all the regulatory filings to the exchange. Thus, we expect that more and more market participants will be interested in the stock.We will provide our due diligence work in this article, but before we show anything, have a look at the following stock chart. The volume seems to be increasing, as the market gets to know the new information, and the demand for the stock creeps up. According to Microeconomic Theory, increases in demand are usually followed by increases in price. 1 month chart for SEEK Six Years Chart for SEEKUCSO and the new business directionIn March, 2017, SEEK signed an agreement with United Consortium Limited, under which SEEK would receive stock for the sale of its assets; 118 internet domain names and approximately 30 websites.Have a look at the following image taken from the purchase agreement filing: Purchase Agreement - TheDirectory.com Inc OTCMKTS:SEEKWhat is our take?In 2017, SEEK was acquired by a new boss and many things are changing inside the company. We appreciate it, as new ideas and business innovations are coming. The market is aware of it and acquiring shares, as it is expected that business growth will make the share price creep up.What's the new direction?We could find in this press release the list of businesses, in which the company is involved. Additionally, we got to know that the company will be filing the necessary documents required by the trading exchange, which is a great news. It was released on December 14, 2017 and we believe that it caused the recent share price increase.The following are the projects in which the companies are working on:

• Blockchain Project: the company is "designing and building a personal health records (PHR) blockchain based business," thanks to which clients will be able to gain control over their health records. A beta launch is expected for Q1 2018, so be ready to assess the news around this time.
• Digital Cannabis Project: expected to be released in Q1 of 2018, but the company has not released a lot of information for confidentiality. As a result, we believe that it could be quite an innovative technology operating in the cannabis industry.
• Lawyers Network: it was said that a new app and a new client acquisition platform are being developed and revenue generation is expected in Q1 2018. We believe that it is a great news showing that the business is growing. For the starters, the company already owns more than 100 top level legal focused domain names, such as DUILawyers.com, ImmigrationAttorney.com, PersonalInjuries.com, CriminalAttorneys.com, and more than 100 other legal brands.

UCSO's CEO and SEEK's CEO is the same business executive We wanted to check if both companies are already operating together, thus we checked who is running the entities. In the OTC Markets profile of SEEK and USCO, we found that the CEO is the same.Have a look at it: SEEK and UCSO - UNITED CONSORTIUM OTCMKTS:UCSO and TheDirectory.com Inc OTCMKTS:SEEKWhat's our take on this?We believe that the fact that the companies are already working together is a very good news. The know-how accumulated by SEEK and USCO is shared, so a lot of talent has been put together.Additionally, if the two companies consolidate their accounts, the assets of the unified company will be larger, which will be beneficial for shareholders.That's not all.Other stakeholders like bankers will benefit, as the credit received by the company will be larger.Some market participants are already buyingCurrently trading with a market cap of $1.6 million, SEEK is an exciting story among small caps. We also appreciate that some market participants are already buying shares of the company. In this filing, we got to know that someone acquired 9.9% stake in the company. It shows that the demand for the stock is high, which is a great news.To sum up, be ready to assess the future announcements from this company, as the news is driving the share price!We will be updating our subscribers as soon as we know more. For the latest updates on SEEK, sign up below!Disclosure: We have no position in SEEK or UCSO and have not been compensated for this article.Image courtesy of CommScope via Flickr