AI, CBD, and a Killer Chart all Suggest $SCNG Demands Attention Now

Date : September 2, 2019

New Opportunity:  SC Holdings Corp. (OTC:SCNG)

The online dating space has begun to converge with some major 21st century technology themes. Obviously, smartphones and handheld devices have been part of the picture for a number of years. But recently, artificial intelligence (AI) and big data have started to become woven into the picture with some dramatically interesting results.

If you pair that with the CBD marketplace, you might have the two most interesting investment themes heading into the back half of 2019.

That’s why we’re so interested in our newest pick: SCNG is a holding company that has diversified interests, but is now focused like a laser on both of these monster growth themes. And the stock certainly hasn’t been “discovered” by the trading masses, suggesting it may be potentially quite cheap by any measure.

Throw in a really interesting chart pattern and a small float, and you have one heck of interesting opportunity to check out.
Symbol:  SCNG
Company:  SC Holdings Corp.
Quote:  http://finance.yahoo.com/q?s=SCNG
Latest News: 
http://finance.yahoo.com/q/h?s=SCNG+Headlines

Who is SCNG

Who is SCNG

SC Holdings Corp. (OTC:SCNG) acquires, develops, and operates high growth companies, with exposure to AI, online dating, and CBD.

SC Holdings Corp. is a Management Company providing Marketing, HR, Business Development services and access to financing to its portfolio companies. The Company acquires ownership in companies with a strong focus on digital media and business services. SC Holdings Corp. will be opening an office in the EU as well as in North America.

The company’s most recent major push, Now Dating, is experiencing strong growth along a number of metrics. Now Dating is a dating app that lets you search for users available at the same times as you, so you can meet them whenever and for however long you’re available.

The app allows you to tell people what kind of relationship you’re searching for, let others know when you’re available, and pick out your preferred dating activities. Once you’ve set your preferences, you can send date invitations with exact meet-up times and a pre-arranged location.

The company is working with strong ties to 21st century technology solutions to timeless demands.

Recent Catalysts

Most recently, the company announced that its Now Dating segment has published its most current figures.

According to the release, new users were 27,000 with an average lifetime value per user of $8.00 and the average revenue per user (ARPU) is $4.85 which is 8 times higher than Tinder. In comparison Tinder, part of Match Group, published their average revenue per user (ARPU) to be $0.58. The reason for the higher ARPU comes from the Company’s ability to immediately monetize at the signup stage because the target demographic is a user who is motivated to meet offline, as the name implies, Now.

Just prior to that announcement, the company reported that it is in active negotiations to increase its shareholding to a controlling stake in portfolio investment Now Dating Ltd., which operates in the $3 billion online dating industry.

According to that release, “Now Dating, an award-winning dating app pushing toward integration of Artificial Intelligence (AI) capabilities and voice recognition powered by Alexa, Siri, or Google assist. Now Dating is an online dating app that encourages people to move into offline dating as soon as possible, setting it apart from other dating apps. Now is, as its name implies, focused entirely on meeting up right now.”

That was preceded by its announcement that it has signed an LOI to acquire Greenskysolution, a Canadian Hemp CBD company. The release noted that Greenskysolution offers Canadian manufacturing/distribution; and are in negotiations with major Canadian Retailers to bring hemp CBD topical products to retail shelves; launching as per Health Canada Directives.

According to Sarah Munro, CEO of Greenskysolution, “With our current platform, relationships and plan for expansion, were placing ourselves to emerge as Canadas largest CBD topical product fulfillment company. Our new intended parent offers us even more a launch into the US and International Markets. Adding greenskysolution to SC Holdings group of companies allows SCNG the opportunity to make considerable social impact in addition to providing superior shareholder value.”

Technical Analysis

The first thing that should jump out at you when taking a look at the SCNG chart is the interesting pattern that has developed over the past 18 months: a clear range trade with a technical bias that can be ferreted out with some study of the primary oscillating indicating.

Our analysts have isolated the Stochastics oscillator as a primary signal. It worked well in May of last year, signaling a 250% jump in a few days. It worked again in January of this year, presaging a 150% pop. And it worked well in May, shining an early light on a coming 100% jump in a matter of days.

Well, guess what folks: we are showing the same basic signal once again right now, with the stochastics indicator printing under the bottom line on the principal grid about a week ago. The fact that this is happening at a higher low on the chart – relative to the May low – should be taken as another potentially positive indication.

One should also note that the float here is very small, coming in at just 8.3 million shares. That’s a light stock, in float terms. A scramble for shares driven by a new sense of interest among traders could potentially run into some squeeze conditions pretty quickly as we see it.

About SCNG

SCNG (SC Holdings Corp.) acquires, develops, and operates high growth companies, with exposure to AI, online dating, and CBD.

SC Holdings Corp. is a Management Company providing Marketing, HR, Business Development services and access to financing to its portfolio companies. The Company acquires ownership in companies with a strong focus on digital media and business services. SC Holdings Corp. will be opening an office in the EU as well as in North America.

The company’s most recent major push, Now Dating, is experiencing strong growth along a number of metrics. Now Dating is a dating app that lets you search for users available at the same times as you, so you can meet them whenever and for however long you’re available.

The app allows you to tell people what kind of relationship you’re searching for, let others know when you’re available, and pick out your preferred dating activities. Once you’ve set your preferences, you can send date invitations with exact meet-up times and a pre-arranged location.

Key Points:

  • SCNG is set up well from a technical perspective, trades on a small float, and is starting to see strong traction with its new AI-assisted online dating technology
  • SCNG is trading a tiny float, under 9 million shares.
  • SCNG is seeing real traction with its new online dating service, with an ARPU at $4.85, 8 times higher than Tinder, the market leading app in the same space
  • SCNG just recorded a bullish signal on the stochastics oscillator, a signal that has led it to a number of recent upside runs over the past year and a half
  • SCNG just signed an LOI to acquire a Canadian Hemp CBD company

Conclusion

SCNG is moving fast right now with its new online dating and CBD segments. CBD is slated to grow at 700% on a y/y basis in 2019 according analysts from the Brightfield group.

Meanwhile, the company’s AI-assisted online dating technology solution is striking potential gold by racking up an ARPU performance that puts other industry leaders to shame.

The technical pattern is very interesting, with the stock trading at key support and triggering a number of interesting bullish technical signals that could potentially help to light a spark for this tiny float name.

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