SCNG: Strong Posture as Big Catalysts Mount

Date : August 7, 2020

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

 

The Global Satellite Data Services Market size is expected to reach $16.2 billion by 2026, rising at a market growth of 25% CAGR during the forecast period.

With increasing coordination of global information and data, and near monopolies by the big IT companies, this market could become increasingly important.

One company making strong strides to capitalize is SC Holdings Corp. (OTCMKTS:SCNG), now dba Strattner Financial Group Corp after the ascension into leadership at the company by Timo Strattner. The reorganization of SCNG has positioned it as an investment management company that manages multiple alternative asset classes, including private equity, convertibles, credit, and hedge funds. It also focuses on selling satellite-based communications devices.

The company recently reported a 200% jump in assets under management, and we can expect capital to be deployed into high-growth technology operations with an emphasis on the satellite-based IT device space.

We would also note the strong technical posture of the stock. We have seen SCNG shares breakout to the upside in recent action, reaffirming former resistance as support in recent days. And there aren’t very many shares here to chase – with less than 9 million rattling around on the floating market.

 

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
Company Website:
https://strattners.com/

scng, SCNG: Strong Posture as Big Catalysts Mount

 

Who is SCNG

SC Holdings Corp. (OTCMKTS:SCNG), now basically doing business as Strattner Financial Group Corp., is an investment management company that manages multiple alternative asset classes, including private equity, convertibles, credit, and hedge funds. It also focuses on selling satellite-based communications devices.

On March 25, 2020, Timo Strattner became CEO of SC Holdings Corp. and changed its name to Strattner Financial Group. During the week of his appointment, he added $2,328,582 of financial assets to SCNG when he acquired his own Companies:

  • TBS Capital Management LLC CRD#304817 / SEC#: 802-117143 (New York-based Exempt Reporting Investment Adviser)
  • TBS Capital LP (UK wholly owned private fund)
  • Strattner Capital LP (UK wholly owned private fund)
  • TBS Equities Fund LLC

At this point, Strattner Financial Group is actively pursuing the strategy to acquire a Broker-Dealer in the USA and obtain FCA licensing in the United Kingdom to accelerate enterprise growth and provide tailored investment banking and growth services relevant to the industries where subsidiaries operate.

The Company also opened technology division Strattner Technologies LLC which made headlines acquiring New York based Point-To-Point technology firm Always On Incorporated. Shortly after Strattner Technologies LLC is entering into the satellite communications market through an agreement with satellite network operator Pivotel America, Inc.

Strattner Technologies LLC also signed a contract with satellite phone manufacturer AdvanceTC Limited (OTC:ATCLF) to service and commercialize up to one million phones via the Strattner.Space platform. AdvanceTCs android based satellite-smartphone Xplore 7 is a FCC/SIRIM certifiedrugged satellite-smartphone with 4G LTE, satellite messaging and emergency button device which received authorization by the United States Federal Communications Commission (FCC) in 2019.

Recent Catalysts

Most recently, the company reported that assets under management in its wholly owned private funds TBS Equities Fund LLC and TBS Capital LP increased 192% from $2,328,582 to $6,812,000 attributable to a growing securities portfolio.

Just before that, its subsidiary, Strattner Technologies LLC, announced that it has signed a commercialization agreement with satellite-smartphone manufacturer AdvanceTC Limited (NSX:A88) (OTC:ATCLF).

According to that release, Strattner Technologies will provide commercialization services to AdvanceTC products and sercured exclusively to provide satellite voice, text, data and push-to-talk (PTT) plans to the first 1 million devices including but not limited to the current Xplore X7 model via the https://Strattner.Space platform. The Xplore 7 is the worlds first FCC/SIRIM certified rugged satellite-smartphone with 4G LTE, satellite messaging and emergency button device which received authorization by the United States Federal Communications Commission (FCC) in 2019. Under the agreement the minimum order quantity for the Xplore X7 will be 2,000 units, FOB 90 days and full specifications will be available on https://strattner.space and www.advancetc.com.

Prior to that announcement, the main step taken by the company was the launch of its Strattner.Space initiative by its subsidiary Strattner Technologies LLC, through an agreement with Pivotel America, Inc. The move positions the company to provide satellite voice, text, data and push-to-talk (PTT) plans and a commercialization platform to the growing satellite communications device market including satellite-smartphones and IoT devices across a broad spectrum of applications in government, aviation, business and recreational use.

“We are excited to become a major commercialization platform in the satellite communications space, leveraging both our expertise and the Pivotel Network with unique benefits like local countrymobile numbers, free test call services, and cost control tools for voice and data services, including usage alerts, restricted dialing lists, and IP blacklisting, said Dr. Timo Strattner, CEO of Strattner Financial Group.These features deliver greater value, increase simplicity and peace of mind.

According to the release, Strattner’s clients get one network service with access to four satellite technology options: Inmarsat, Globalstar, Thuraya and Iridium, providing a single platform for customers regardless of the customers need for any particular satellite solution coverage. The Pivotel network is the result of more than $75 million invested in telecommunications network infrastructure and services to be a globalleading provider of satellite-based mobile services.

 

Technical Analysis

SCNG technicals are promising, with a key cup w/ handle base breakout potential setup after the strong move higher we saw in July to pop above the range resistance zone in the $0.02 area, which also amounted to a bust above trendline and MA resistance.

More importantly, those former resistance points have now been tested and held as support.

 

scng, SCNG: Strong Posture as Big Catalysts Mount

 

About SCNG

 

SCNG (SC Holdings Corp.) is now “Strattner Financial Group Corp.” and is an investment management company that manages multiple alternative asset classes, including private equity, convertibles, credit, and hedge funds. It also focuses on selling satellite-based communications devices.

At this point, Strattner Financial Group is actively pursuing the strategy to acquire a Broker-Dealer in the USA and obtain FCA licensing in the United Kingdom to accelerate enterprise growth and provide tailored investment banking and growth services relevant to the industries where subsidiaries operate.

The Company also opened technology division Strattner Technologies LLC which made headlines acquiring New York based Point-To-Point technology firm Always On Incorporated. Shortly after Strattner Technologies LLC is entering into the satellite communications market through an agreement with satellite network operator Pivotel America, Inc.

Strattner Technologies LLC also signed a contract with satellite phone manufacturer AdvanceTC Limited (OTC:ATCLF) to service and commercialize up to one million phones via the Strattner.Space platform. AdvanceTCs android based satellite-smartphone Xplore 7 is a FCC/SIRIM certifiedrugged satellite-smartphone with 4G LTE, satellite messaging and emergency button device which received authorization by the United States Federal Communications Commission (FCC) in 2019.

 

scng, SCNG: Strong Posture as Big Catalysts Mount

 

Key Points:

  • SCNG recently launched its Strattner.Space initiative to provide satellite voice, text, data and push-to-talk (PTT) plans and a commercialization platform to the growing satellite communications device market
  • SCNG saw assets under management increase by nearly 200% in Q2
  • SCNG is coming off an RSI trough under 40 as part of a strong bullish basing pattern followed by a breakout higher
  • SCNG could have a cup w/ handle breakout ahead based on chart dynamics – according to our technical read
  • SCNG just signed a major satellite data agreement AdvanceTC Ltd to commercialize one million satellite phones

 

Conclusion

SCNG is riding recent momentum in both technical and fundamental terms, with a tight float in play after a strong breakout in share prices in July and a recent reaffirmation of that strength this week. The stock is holding the levels it should hold, and the company is consistently communicating strong catalysts to fuel new levels.

The reorganization and overhaul of the company’s public identity and its core vision is all to the good, with assets under management jumping solidly in Q2 and a tangible plan to build returns underway in the rapidly growing satellite communications device space.

 

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The following report is based on our independent research of SC Holdings Corp. (OTCMKTS:SCNG) , from publicly available information, including information from the company’s website and investor relations material, as well as news, disclosures, press releases, and other material relevant to understanding the company and its operations and assets. We have been engaged to disseminate our findings from that research process along with our opinion about SC Holdings Corp. (OTCMKTS:SCNG) , based on that research.

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