Business
OneMove(TM) Records its Best Month Ever in July
OneMove(TM) Records its Best Month Ever in July
About this update from Osisko Metals Incorporated
[{"type":"text","content":"\nOneMove(TM) Records its Best Month Ever in July\n\n\n Aug. 7, 2009 (Baystreet.ca) -- VANCOUVER, BRITISH COLUMBIA -- OneMove Technologies Inc. (TSX VENTURE:OM), announced today that July's gross revenues of $199,122 on 6,728 transactions was the highest in the company's history.\n\nThe company's previous record high was in June. OneMove believes this trend's strength is supported by the number of new firms in British Columbia adopting their web-based real estate transaction platform econveyance. \n\"Yes, it is another best month ever in both revenues and in cost savings. And yes, we have worked very hard to make both happen,\" said Martin Johnson, CEO of OneMove. \"Is it a surprise? We may appear to be an overnight success to some, but it's a seven year overnight success. This is where hard work is paying off.\" \nOneMove implemented cost savings measures in the previous quarter that included discontinuing their relationship with BC OnLine. This decision alone saved the company $53,000 in July, and over $146,000 since the beginning of May of this year. \nAccording to Johnson, it is increased transactions that are fuelling soaring revenues. The upward trend of econveyance transactions and users saw July increase 6% over June, and 26% over July of the previous year. 2009 has seen consistent growth and adoption of OneMove's econveyance with revenues increasing by over 18% per month since January. \nJohnson believes it is the product that is winning users over, \"If you were to take all other conveyancing software providers and add together the number of firms that use their products in BC, the number of firms using econveyance would be 30% higher. We are growing and dominating this market because we simply have the best product out there. Add our customer support and commitment to continually improve econveyance and frankly, you have a winner.\" \nOneMove also announced that is has closed the first tranche of $225,000 of their previously announced $750,000 private placement, subject to exchange approval. The company will continue with the balance of the offering, subject to the same terms and conditions, to strengthen its cash on hand and general working capital. \nProspective and current shareholders are invited to join OneMove's official investment forum at www.pinnacledigest.com/company/om& #58ca. The online forum allows for in...