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Card Tech On Track for NASDAQ Move
Card Tech On Track for NASDAQ Move.
About this update from Tocca Life Holdings, Inc.
[{"type":"text","content":"T-Bay holdings have conformed their commitment to move the company to the NASDAQ in early 2014 T-Bay Holdings has retained legal counsel to prepare a move to the \nNASDAQ once the Card Tech International merger has been completed.The recent Tech IPO?s have washed away some of the bad feeling left \nbehind from last year?s big Facebook Inc. (NASDAQ: FB) IPO. In that \none, Facebook got its desired $100-B valuation and buyers got hammered.\nIn today?s market, buyers are getting their money?s worth, and the companies probably got less than they should.Cybersecurity firm FireEye Inc. (NASDAQ: FEYE) and advertising \ntechnology company Rocket Fuel Inc. (NASDAQ: FUEL) both launched IPOs \nlast Friday morning, both are posting share price gains of more than \n90%.\nFireEye sold 15.2-M/shares at 20 and raised about $300-M. The IPO price was above the proposed range of 15 ? 17 a share.\nShares of FireEye traded at 38.68 in the early afternoon Friday, + 93.4% over the IPO price.\nRocket Fuel offered 4-M/shares at the top end of its proposed range of 27 ? 29 a share. The firm raised $116-M in the IPO.\nThe big news is the near vertical trajectory in share prices for the 2\n stocks. This could be another manifestation of the market?s thirst for \nsome new momentum plays.Card Tech International is a company engaged\nin innovative mobile handheld devices and aims to revolutionize the\nmarkets of identification, security and monetics using biometric identification\ntechnologies.\n\n PinKey Smart\n\nThe smart card evolves and becomes safer\n\nPinKey\nSmart integrates a fingerprint sensor within it's 0.76 mm thickness, with\nminimum costs and dimensions, it will allow the infallible binomial of payments\nand biometrics. More certainty for the user and compatibility with the existing\ninfrastructure (POS, ATM, smart card readers). With this revolutionary smart card,\nflexible and self-powered, logical and physical access will benefit of a\nsecurity level unbelievable until yesterday.\n\nMarket research points to the SmartCard Market being worth\nalmost $8b USD by 2018, here is part of that research from Transparency Market\nResearch (TMR).\n\nA smart card is usually a plastic card which contains a\nmemory or microprocessor chip embedded in it, which is capable of...