Totally Hemp Crazy Schedules Shareholder Meeting for September 26th


Totally Hemp Crazy Schedules Shareholder Meeting for September 26th

Update on Company Progress

Marketwired
DALLAS, TX–(Marketwired – Jul 31, 2015) –

Totally Hemp Crazy, Inc. (OTC PINK: THCZ) announced today that a Corporate Shareholder Meeting will be held on September 26, 2015 in Dallas, Texas. Details of the time and location of the meeting will be forthcoming.

All shareholders on record as of August 21, 2015 will be invited to attend and meet the faces behind Totally Hemp Crazy including Rhino Marketing and former Managing Director of Red Bull, Harry Drnec.
Samples of Rocky Mountain High products will be available at the shareholder meeting which will also include a sneak peek of new products that have been in development.
The Video Contest winner will be showcased as well as the new fall contest.
The new Canadian can design has been approved and production of the drinks will be scheduled as soon as the new cans have been manufactured.
The Southeast Asian order is progressing along now that the Rocky Mountain High products have arrived and have passed through customs. The samples will now be submitted with test certificates for registration and approval from the Government.
The Company has signed two new distributors which will be announced in the near future.
Jerry Grissafi, Founder of THCZ, stated, “Sales this summer have been brisk; many of our distributors are pleasantly surprised at the ease of placing the Rocky Mountain High product in many retail locations. Our international orders are moving forward steadily and we are taking advance orders on the ‘consumer friendly’ snowflake can and the new Hemp Energy Shot products. There is no doubt we will have our best quarter in company history and we project better margins now that most of the startup costs are being eliminated.”
Visit our Corporate Website at: http://www.TotallyHempCrazy.com.
Please visit our Clothing Site: http://www.rmhclothing.com
Rocky Mountain High Clothing Company is giving away a weekly RMH product to one lucky person a week! This can be anything featured here on the website or a limited edition t-shirt not sold to the general public! All you have to do to enter is send an email to weeklyrocks@rmhclothing.com
Visit us at our Facebook page: https://www.facebook.com/totallyhempcrazy
Visit Rocky Mountain High Clothing Facebook: 
Investors Hangout is the only authorized Investors blog page for Totally Hemp Crazy.

NXT-ID Patents Electronic Crypto-Currency Management Technology


NXT-ID Patents Electronic Crypto-Currency Management Technology

 OXFORD, Conn., Jul. 31, 2015 /PRNewswire/ —

NXT-ID, Inc. (NASDAQ:NXTD, NXTDW), a biometric authentication company focused on the growing mobile commerce market and creator of the Wocket® smart wallet, announces that it has filed provisional patent 62/198989 for

ELECTRONIC CRYPTO-CURRENCY MANAGEMENT METHOD AND SYSTEM

This invention highlights a method to advance crypto-currencies such as Bitcoin into the consumer market of payment technology by introducing a common, uniform way to manage all payments.
The technology manages multiple traditional financial accounts and crypto-currency accounts, like Bitcoin, including initiating transfers, currency exchanges, submitting payments, and receiving payments.  Under this method, a local, abbreviated block chain is intelligently synchronized for transactions and balance validation to enable both online purchases as well as brick and mortar retail store transactions from a local smart wallet device. This abbreviated block chain allows for validated crypto-currency purchases to be made in store, just like transactions from other traditional financial accounts such as credit or debit cards. NXT-ID looks to usher Bitcoin and other crypto-currencies into the mainstream payments industry and Wocket® is the beginning of that push for consumer friendly crypto-wallets.

“What’s unique about this patent is that it introduces what we believe is the first payment experience that makes crypto-currency uniform across all payment transactions and payment methods, which is a chief inhibitor to wide scale acceptance of crypto-currencies like Bitcoin, ” adds Mr. Tunnell.  “With this technology, a common smart wallet platform can be used by an individual to manage not only all of their conventional financial accounts (e.g. debit cards, check cards, credit cards, etc.), loyalty cards, membership cards and the like, but also provide for the secure management of a multiple alternative currency accounts, thereby facilitating the real-time use of one or more crypto-currencies as a method of payment, receiving crypto-currency payments, and crypto-currency exchange. This technology also enables Bitcoin to be used across multiple payment mediums including magnetic stripe, NFC, and other emerging payment methods.”

Gino Pereira, Chief Executive Officer said, “We continue to build out our patent and IP portfolio as the payment industry evolves. This technology is another important step of how we intend to build the payment solution of the future.”

Wocket® is a smart wallet designed to protect your identity and replace all the cards in your wallet, with no smart phone or cloud required. Wocket® works most anywhere credit cards are accepted and only works with your biometric stamp of approval or passcode.

All your credit, debit, loyalty, gift, ID, membership, insurance, medical information, passwords, and virtually any other information can be protected on Wocket®.
Buy the Wocket® at:  http://www.wocketwallet.comSee the full Wocket® FAQ at:  http://wocketwallet.com/pages/faq

Product images are available for media at:  http://press.nxt-id.com

About NXT- ID Inc. – Mobile Security for a Mobile World: (NXTD) 

NXT-ID, Inc.’s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers’ mobile platforms led by Wocket®; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works most anywhere credit cards are accepted and only works with your biometric stamp of approval or passcode. http://www.wocketwallet.com/

NXT-ID’s wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/

New Generation Consumer Group Announces Mucho Macho Snacks


New Generation Consumer Group Announces Mucho Macho Snacks

Marketwired

WHITTIER, CA–(Marketwired – Jul 30, 2015) – New Generation Consumer Group Inc. (OTC PINK: NGCG) announces today their Mucho Macho Spicy Peanuts and Mucho Macho Chicharrones (pork rinds) will be available for purchase by the end of the first week of August. These tasty snacks have passed the rigorous quality control and taste-testing NGCG has prided themselves on, and are ready for even the most finicky consumers. Currently there are two intense flavors for each of these snack products. You’ll have your choice of Spicy and Chili Limon flavored Peanuts and Habanero and Chili Limon flavored Chicharrones (pork rinds).

NGCG has appointments set with several very interested retail stores to take their distinctive snacks to market. These retail stores have received samples, and feel these products will do very well in these locations. New Generation Consumer Group will notify their shareholders of these locations once the agreements have been finalized. These new locations are in addition to the locations Mr. Morrison has been diligently working on to secure within national distribution chains — as previously stated.

Presently, New Generation Consumer Group has team members in Asia following up on ongoing meetings. These meetings are very productive and advantageous, not only for the future of NGCG, but also for their shareholders. The company expects to have a more detailed report of progress by mid month outlining next steps as well as direction.

Phil Longoria, New Generation Consumer Groups Corporate Relations Officer, states, “We have been aggressively working to bring our snack line to the marketplace and we feel everyone will enjoy them. We are very happy with the quality and flavoring of these two snack lines and are eager to start working on the others. We are very excited about the progress with our Asian counterparts. We have such a unique opportunity, and we plan on taking it all the way. Our meetings are very positive, constructive and forward moving. We will keep all shareholders apprised of our progress every step of the way.”

About New Generation Consumer Group, Inc.

New Generation Consumer Group, Inc. (NGCG) is a marketing and media company that currently operates through four separate divisions: Mucho Macho, VIP Spirits, Monster Marketing, and our Snack Division. Mucho Macho features Mucho Macho Michelada Mix as its featured product. Our VIP Spirits Division will feature Excuse as our premium liqueur brand. Our initial alcohol product will be a Top Shelf Liqueur infused Premium Imported Vodka in a variety of different flavors, followed by Excuse Whiskey. Monster Marketing provides graphic design, web development, and brand management, in addition to other various services to its clients to help them gain more customers, increase sales, aid in selling products and services and or to create brand awareness. Our snack division brings consumers spicy and intense flavoring of noticeable quality for today’s particular tastes. Additional information may be found at http://www.newgencg.com, https://www.facebook.com/muchomachomichelada, or https://twitter.com/MuchoMachoMiche.

Zalemark to Turn Global Iconic Candy Brand to Gold


Zalemark to Turn Global Iconic Candy Brand to Gold

Zalemark Signs Agreement with Mars Incorporated for M & M Jewelry Brand

LOS ANGELES, CA / ACCESSWIRE / July 30, 2015 / “The candy that melts in your mouth, not in your hands” will be hitting the stores soon as “Fashionable Sweet Memory Treasures.” Zalemark Holding Company, Inc. (OTC: ZMRK) has completed a jewelry licensing agreement with Mars, Incorporated to design, market, and distribute the company’s global brand mark, M & M’s.

Zalemark’s beautiful M&M fashion jewelry will enhance the branding of M&Ms and create a whole new revenue stream for the brand and Zalemark. This global jewelry brand was previously tested in major department stores with positive sell through results and Zalemark intends to make it an achievement nationally. Steven Zale, Zalemark’s CEO states, “This global brand is a nice parallel with our other global brand, Crayola(R) and well deserved for the accomplished Zalemark team and a great benefit for the shareholders. With the historical testing of this product line, we predict it will move into the market place swiftly. The upward momentum of Zalemark is on a rolling path as they continue to add well-known brands to its line-up.”

Jeffrey Ringer, Zalemark’s Creative Director states, “When the Mar’s group reviewed our presentation, they made the comment, it was one of the most impressive and creative they have seen. When we heard those comments, we knew we have the right formula to make this new jewelry brand our next big success.”
  About Mars Incorporated

Mars, Inc. (www.mars.com) knows chocolate sales are nothing to snicker at. The company makes global brands M&M’s, Snickers, and the Mars bar. Other confections include 3 Musketeers, Dove, Milky Way, Skittles, and Twix. Its products portfolio also boasts Seeds of Change organic food, the Klix and Flavia beverage systems, Combos and Kudos snacks, Uncle Ben’s rice, and pet food made under the Pedigree, Sheba, and Whiskas labels. Mars owns the world’s largest chewing gum maker, Wm. Wrigley Jr. Company, as well.

About Zalemark Holding Company, Inc.

Zalemark Holding Company, Inc. (www.zalemark.com) is a publicly traded OTC company under the symbol ZMRK. Zalemark is an award winning product design, development, manufacturing and distribution company. Zalemark develops and markets strategic brands as, Luxury Brands Group, “The Harmony Collection” by Engelbert Humperdinck, Crayola(R) Fine Jewelry, and Demeter(R), Divas Choice(TM) and Steven Zale Couture(TM). These brands are widely known for, “The Mark of Quality” the company’s tag line and the standard incorporated in all aspects of their business.

SKECHERS ANNOUNCES RECORD SECOND QUARTER 2015 FINANCIAL RESULTS


SKECHERS ANNOUNCES RECORD SECOND QUARTER 2015
FINANCIAL RESULTS

Record Net Sales of $800.5 Million, an Increase of 36.4 Percent
Record Earnings from Operations of $112.3 Million
Record Net Earnings of $79.8 Million
Record Diluted Earnings per Share of $1.55
 
MANHATTAN BEACH, CA. – July 29, 2015 – SKECHERS USA, Inc. (NYSE:SKX), a global leader in footwear, today announced financial results for the second quarter ended June 30, 2015.
Second quarter 2015 net sales were $800.5 million compared to $587.1 million for the second quarter of 2014. Gross profit for the second quarter of 2015 was $374.6 million, or 46.8 percent of net sales, compared to $269.4 million, or 45.9 percent of net sales, for the second quarter of last year. Earnings from operations for the second quarter of 2015 were $112.3 million, or 14.0 percent of net sales, compared to net earnings from operations of $53.8 million, or 9.2 percent of net sales for the second quarter of 2014.
Net earnings in the second quarter of 2015 were $79.8 million compared to net earnings of $34.8 million for the second quarter of 2014. Diluted net earnings per share in the second quarter of 2015 were $1.55 based on 51.3 million weighted average shares outstanding compared to diluted net earnings per share of $0.68 based on 50.9 million weighted average shares outstanding for the same period last year.
“The continued strong demand for our product worldwide led to record quarterly financial results for the second quarter—including net sales, earnings from operations and earnings per share. Our second quarter net sales of more than $800 million combined with record sales in the first quarter resulted in the Company achieving $1.57 billion in sales for the first half of 2015,” began David Weinberg, chief operating officer and chief financial officer. “Driving this growth were double-digit increases in our three main business channels: domestic wholesale with an average price per pair increase of 9.0 percent; international wholesale, which includes 665 third-party-owned Skechers retail stores; and Company-owned Skechers domestic and international retail stores with a total comp store sales increase of 12.9 percent for the quarter. Furthermore, the second quarter benefitted from both pent up demand resulting from U.S. port issues in the first quarter as well a shift in back-to-school shipments due to increased demand in both domestic and international markets. Our international subsidiary business also remained strong with double-digit increases despite currency headwinds in several key markets.”
For the six months ended June 30, 2015, net sales were $1.57 billion compared to net sales of $1.13 billion in the first six months of 2014. Gross profit for the first six months of 2015 was $707.1 million, or 45.1 percent of net sales, compared to $509.8 million, or 45.0 percent of net sales, for the first six months of 2014. Earnings from operations for the first six months of 2015 were $200.5 million, or 12.8 percent of net sales, compared to earnings from operations of $101.9 million, or 9.0 percent of net sales, for the first six months of 2014.
Net earnings in the first six months of 2015 were $135.9 million compared to net earnings of $65.8 million in the same period last year. For the first six months of 2015, diluted net earnings per share were $2.65 based on 51.3 million weighted average common shares outstanding compared to diluted net earnings per share of $1.29 based on 50.9 million weighted average common shares outstanding for the first six months of 2014.
Robert Greenberg, SKECHERS chief executive officer, commented: “Skechers is clearly in the midst of the most exciting time in the Company’s 23-year history. The present has never looked as colorful, comfortable and successful thanks to our product and marketing, and resulting record sales, shipments and earnings. We just announced the signing of global pop singer Meghan Trainor, and together with Demi Lovato we are capturing the attention of 12 to 24 year olds worldwide. During the second quarter, we announced that boxing great Sugar Ray Leonard joined our team of accomplished athletes and brand ambassadors, including Pete Rose and his #PeteintheHall campaign. Together, they and legendary musician Ringo Starr are speaking to Generation X and Baby Boomers with their humorous television commercials for Skechers Relaxed Fit footwear. Our numerous other impactful lifestyle campaigns along with our targeted marketing for Skechers Performance and Skechers Kids lines are resonating with our diverse consumer base. Our efforts in product and marketing also resulted in Skechers becoming the No. 2 athletic footwear brand and the No. 1 walking brand in the United States. While domestic wholesale remains the largest piece of our business at 42 percent, the highest channel increase in the second quarter came from our international segment, which improved by 60 percent and now represents 30 percent of our total sales. With 1,126 Skechers retail stores worldwide, including the new markets of Czech Republic, Nigeria and Alaska, our global footprint is expanding steadily with additional Skechers stores already opened in the third quarter by our international distribution partners in Russia, Australia, Taiwan and Ireland, a joint venture store in India, and another six domestic and international Company-owned stores. The demand for Skechers footwear in markets worldwide continues, and we are excited for several new product introductions coming later this year—including Star Wars® from Skechers shoes for boys and men, along with some developments in our Skechers Performance and athletic lifestyle divisions. We believe that our accelerated growth trend will remain through 2015 and into 2016.”
Mr. Weinberg added: “Our record first half of 2015 follows a record 2014, and is a result of the universal demand for our wide assortment of diverse footwear collections for men, women and kids. At no other time in the history of our company have so many product lines resonated with consumers, giving us a broad base to continue to build upon and grow. With increased year-over-year backlogs at the end of June, strong incoming order rates and July sales, as well as the positive sell-through reports from wholesale and an additional 125 to 135 Company-owned and third-party-owned Skechers retail stores planned to open later this year, we believe that we will continue to achieve new sales and profit records through 2015. With $513.9 million in cash, inventories in line with sales, and improved efficiencies and capacity in both our North American and European distribution centers, we believe we are well prepared for our planned growth. We remain comfortable with the analysts’ current consensus estimates for the back half of 2015.”

About SKECHERS USA, Inc.

 SKECHERS USA, Inc., based in Manhattan Beach, California, designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. SKECHERS footwear is available in the United States and over 120 countries and territories worldwide via department and specialty stores, more than 1,100 SKECHERS retail stores, and the Company’s e-commerce website. The Company manages its international business through a network of global distributors, joint venture partners in Asia, and 12 wholly-owned subsidiaries in Brazil, Canada, Chile, Japan and throughout Europe. For more information, please visit skechers.com and follow us on Facebook (facebook.com/SKECHERS) and Twitter (twitter.com/SKECHERSUSA).

Wocket: World’s First Electronic ‘Smart Wallet’


Wocket: World’s First Electronic ‘Smart Wallet’

NEW YORK (TheStreet) — Next-ID’s (NXTD) new Wocket is the world’s first electronic smart wallet. It’s designed to replace all the cards you currently carry. Both the concept and the actual system are quite ingenious.

Wocket is not just a software system but a leather-wrapped, hardware device that you program to hold all of your credit, ATM, loyalty, membership and ID card information so you can stash all of your physical cards in your desk at home. There are optional accessories that will let you carry cash if you need to.

When you want to use one of your pre-programmed cards, Wocket instantly writes the necessary information onto its own, special plastic card. When the transaction is complete the Wocket card automatically “zeroes-out” all stored information. The only permanent info a Wocket card contains is your name embossed on the front and a photo of your signature on the back.

The entire system is completely self-contained. That means you don’t have to connect Wocket to a smartphone, tablet or computer to make it work, but you can use an app (available for Apple (AAPL) iOS, Google (GOOG) Android smartphones, and also laptops) to help with backup and wallet software upgrades. The small Wocket device is protected by the company’s patented encryption chip and its pincode/voice-recognition software system.

NXT-ID claims your Wocket is biometrically locked to you, and only you can retrieve your personal information. The company says it can’t always protect your card from being skimmed by bad guys, but Wocket’s built-in security features are said to make the card worthless to anyone else.

The Wocket Website boasts that its current partners include Visa (V), MasterCard (MA), Discover (DFS), American Express (AXP) and Bitcoin.

When you want to use one of your already programmed accounts to make a payment, you select that account via Wocket’s e-paper touchscreen, remove the card from the wallet and then swipe it as you would the original. Wocket sends the information to the point-of-sale terminal (via its patent-pending, in-card antenna system) and you’re all set. If the merchant needs more information, you can refer them to your Wocket screen readout. The system also supports barcodes, QR codes and will soon be able to handle payments via Bluetooth.

Wocket’s makers are quick to point out that the system is unique because it’s self-contained and doesn’t rely on a smartphone app and Internet connections to process payments. That means unlike competing systems, a Wocket card should always be ready for action, even if your smartphone can’t access the Web for some reason. Another plus, Wocket’s internal battery only needs recharging every few months — not days or weeks.

We were able to spend some quality time with a pre-production Wocket and were very impressed with what we saw. The physical wallet is small (3.46 inches by 2.75 inches by 0.39 inches thick). Wocket’s special card looked and left like any other physical charge card in your current wallet. The system was easy to understand, program and use. I can’t vouch for the actual level of security it provides, but have no reason to doubt the company’s hardware, software and voice protection claims.

Wocket is currently taking orders on its Web site. The device sells for $229. It’s currently available only in classic black, but other options should become available soon. We think Wocket could be one of the most unusual, interesting and maybe popular items during this year’s holiday gift-giving season.

NHTC Announces 104% Revenue Increase, 101% Net Income Increase, for Second Quarter of 2015


NHTC Announces 104% Revenue Increase, 101% Net Income Increase,
for Second Quarter of 2015
Record Revenue increases to $69.7 Million while Net Income reaches $12.3 Million;
Company Increases Dividend by 33% to $0.04 Per Share, Authorizes $15 Million Share Repurchase
DALLAS, TX, July 28, 2015 — Natural Health Trends Corp. (Nasdaq: NHTC), a leading direct selling company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced continued growth for the quarter and six month periods ended June 30, 2015.
Second Quarter Highlights
Total revenues increased 104% to $69.7 million, compared to $34.2 million in the second quarter last year. Net income was $12.3 million, or $0.98 per diluted share, compared to $6.1 million, or $0.49 per diluted share, in the second quarter last year.
Revenue from Hong Kong operations, which represents 93% of total revenue, increased $33.2 million, or 105% over the same period last year
Revenue outside of Hong Kong increased $2.4 million, or 91% over the same period last year; excluding the Commonwealth of Independent States, revenue increased 151% over the same period last year
Operating income increased 99% to $12.3 million, compared to $6.2 million in the second quarter last year.
Total number of active distributors increased 23% to 76,400 at June 30, 2015 compared to March 31, 2015.
The Company’s common stock joined the Russell Global, Russell 3000® and the Russell Microcap® Indices.
Year-to-Date Financial Highlights
Revenues were $110.4 million, up 93%, compared to $57.4 million in the first six months of last year. Net income was $19.0 million, or $1.52 per diluted share, compared to $9.2 million, or $0.76 per diluted share, in the first six months of last year.
Operating income was $19.2 million, up 107% compared to $9.3 million in the first six months of last year.

“We delivered another quarter of solid top-line growth and doubled our net income as we continue to leverage the strength and utility of our Hong Kong infrastructure to meet the increasing consumer demand for our health and wellness products,” commented Chris Sharng, President of Natural Health Trends Corp. “During the quarter we launched several new products to extend our product line and kicked off additional incentive programs for top performers. The combination of consumer demand supported by our market-leading products and effective sales, leadership and incentive programs are proving to be very successful strategies for expanding our base of consumers and distributors while fortifying an already firm foundation for future growth.”
“Our Hong Kong business continues to excel, and to date, the economic slowdown in China has not impacted us,” continued Mr. Sharng. “In the long term, we feel that the re-orientation of the Chinese economy toward consumption is good for businesses like ours, as we work to introduce high-quality consumer products to the increasingly affluent Chinese consumers. We are in the Chinese market for the long haul and are bullish on its prospect.”
“Further, during the quarter, we funded the required deposit for the consumer protection fund in China, which is a prerequisite to submitting our direct selling license application,” concluded Mr. Sharng. “We view applying for a direct selling license as strategically valuable to help us drive incremental growth as our brand recognition continues to grow in China and Asia.”
Balance Sheet
At June 30, 2015, cash and cash equivalents totaled $74.4 million, compared to $59.9 million as of March 31, 2015 and $44.8 million as of December 31, 2014.
Dividend and Share Repurchase
Today, the Board of Directors declared a cash dividend of $0.04 per share on outstanding common stock payable in cash on August 28, 2015 to stockholders of record on August 18, 2015.
Also today, the Board of Directors approved a stock repurchase plan of up to $15 million of Company’s outstanding shares of common stock with the Company’s on-going earnings or cash on hand through December 2016, including $5 million repurchases intended to be immediately executed. Since November 2014, the Company has repurchased 638,176 shares of common stock at a cost of $10.6 million.
“We are confident in our ability to consistently generate solid free cash flow to support future growth, while also rewarding our stockholders with capital return in the forms of both dividends and the repurchase of stock,” added Mr. Sharng.
Shareholder Conference Call
Management will conduct a conference call to discuss its second quarter financial results. Details of the call are as follows:
Date: Wednesday July 29, 2015
Time: 10 a.m. ET/9 a.m. CT/7 a.m. PT
Dial-in number: 1-888-455-2296 FREE (domestic) 1-719-457-2627 (international)

A replay will be available from 1 p.m. ET on July 29, 2015 through 11:59 p.m. ET on August 5, 2015 by dialing 1-877-870-5176 FREE (domestic) and 1-858-384-5517 (international) and referencing replay pin number 3259700.
About Natural Health Trends Corp.
Natural Health Trends Corp. is an international direct-selling and e-commerce company operating through its subsidiaries throughout Asia, North America, and Europe. The company markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand. Additional information can be found on the company’s website, http://www.naturalhealthtrendscorp.com.

Ford Reports Strong Second Quarter Results; Pre-Tax Profit $2.9 Billion; Net Income $1.9 Billion


Ford Reports Strong Second Quarter Results; Pre-Tax Profit $2.9 Billion; Net Income $1.9 Billion

Ford Motor (NYSE:F)
Intraday Stock Chart

Today : Tuesday 28 July 2015
Click Here for more Ford Motor Charts.

Ford Motor Company (NYSE: F) today reported its 2015 second quarter financial results. Visit media.ford.com to view the press release and visit http://www.shareholder.ford.com/ to view the slide presentation and access the webcast to Ford’s second quarter earnings call, which begins at 9 a.m. EDT with Mark Fields, president and chief executive officer, and Bob Shanks, executive vice president and chief financial officer.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150728005594/en/

Highlights Include:

  • Outstanding second quarter; company on track for a breakthrough year
  • Pre-tax profit of $2.9B, up $269M or 10 percent from a year ago excluding last year’s special item charges
  • Net income of $1.9B, up $574M or 44 percent from a year ago
  • After-tax earnings per share of 47 cents, up 7 cents from a year ago excluding last year’s special item charges
  • Best Automotive quarterly profit since 2000
  • Wholesale volume up 2 percent, driven by North America and Europe
  • Automotive revenue about equal, with higher net pricing and volume offset by unfavorable translation effects of the strong U.S. dollar on international operations
  • Global market share grew to 7.6 percent, up one-tenth of a percentage point from a year ago
  • 12 of 16 planned global new product launches completed; remainder on track
  • Introduced SYNC® 3, the all-new communications and entertainment system
  • Continued strong profit at Ford Credit; pre-tax profit of $506M
  • Ford Smart Mobility plan moved from research to start of implementation; Ford Credit launched car-sharing pilot in six U.S. cities and London

About Ford Motor Company
 
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 195,000 employees and 66 plants worldwide, the company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products worldwide, please visit http://www.corporate.ford.com.

NXT-ID Plans For Tokenized Next-Gen Payment Tech


NXT-ID Plans For Tokenized Next-Gen Payment Tech

Tokenization

NXT-ID has taken the next steps toward creating a personalized tokenization payment technology.

This next-generation payment tech from the biometric authentication company is part of a provisional patent that was recently filed by the company. The technology aims to use unique personal identifiers to generate the token. This would, of course, include biometrics as one of the unique IDs.

“What is unique about this invention is that it uses local authentication to not only secure access to payment accounts selected by a user, but also generate unique, one-time-use tokens that identify both the user and the account, without revealing any sensitive information whatsoever during the transaction,” David Tunnell, CTO of NXT-ID, said in a July 21 news release. “Since local generation of unique tokens is performed offline within a mobile device or smart wallet, no vulnerable server is required to generate the token, keeping the token safe from attack and preventing fraud throughout the transaction.”

NXT-ID’s CEO Gino Pereira commented that the company is working on building its patents and IP portfolio as a way to keep up with the technology curve of the payments industry as it changes rapidly.

NXT-ID is also the creator of the Wocket, the smart wallet that’s designed to be the wallet that replaces consumers’ cards. The Wocket works in most places credit cards are accepted and works without needing a smartphone or cloud to store data.

“A mobile device such as a smart wallet equipped with the new personalized token technology capable of generating these secure tokens will go a long way to help fight both financial fraud and security breaches that are becoming so common place. Personalized tokenization compliments other encryption and tokenization methods such as EMV by adding biometric and other authentication to token technology,” Tunnell said.

Wocket: World’s First Electronic ‘Smart Wallet’


Wocket: World’s First Electronic ‘Smart Wallet’

NEW YORK (TheStreet) — Next-ID’s (NXTD) new Wocket is the world’s first electronic smart wallet. It’s designed to replace all the cards you currently carry. Both the concept and the actual system are quite ingenious.

Wocket is not just a software system but a leather-wrapped, hardware device that you program to hold all of your credit, ATM, loyalty, membership and ID card information so you can stash all of your physical cards in your desk at home. There are optional accessories that will let you carry cash if you need to.

When you want to use one of your pre-programmed cards, Wocket instantly writes the necessary information onto its own, special plastic card. When the transaction is complete the Wocket card automatically “zeroes-out” all stored information. The only permanent info a Wocket card contains is your name embossed on the front and a photo of your signature on the back.

The entire system is completely self-contained. That means you don’t have to connect Wocket to a smartphone, tablet or computer to make it work, but you can use an app (available for Apple (AAPL) iOS, Google (GOOG) Android smartphones, and also laptops) to help with backup and wallet software upgrades. The small Wocket device is protected by the company’s patented encryption chip and its pincode/voice-recognition software system.

NXT-ID claims your Wocket is biometrically locked to you, and only you can retrieve your personal information. The company says it can’t always protect your card from being skimmed by bad guys, but Wocket’s built-in security features are said to make the card worthless to anyone else.

When you want to use one of your already programmed accounts to make a payment, you select that account via Wocket’s e-paper touchscreen, remove the card from the wallet and then swipe it as you would the original. Wocket sends the information to the point-of-sale terminal (via its patent-pending, in-card antenna system) and you’re all set. If the merchant needs more information, you can refer them to your Wocket screen readout. The system also supports barcodes, QR codes and will soon be able to handle payments via Bluetooth.

Wocket’s makers are quick to point out that the system is unique because it’s self-contained and doesn’t rely on a smartphone app and Internet connections to process payments. That means unlike competing systems, a Wocket card should always be ready for action, even if your smartphone can’t access the Web for some reason. Another plus, Wocket’s internal battery only needs recharging every few months — not days or weeks.

We were able to spend some quality time with a pre-production Wocket and were very impressed with what we saw. The physical wallet is small (3.46 inches by 2.75 inches by 0.39 inches thick). Wocket’s special card looked and left like any other physical charge card in your current wallet. The system was easy to understand, program and use. I can’t vouch for the actual level of security it provides, but have no reason to doubt the company’s hardware, software and voice protection claims.

Wocket is currently taking orders on its Web site. The device sells for $229. It’s currently available only in classic black, but other options should become available soon. We think Wocket could be one of the most unusual, interesting and maybe popular items during this year’s holiday gift-giving season.

The Wocket Website boasts that its current partners include Visa (V), MasterCard (MA), Discover (DFS), American Express (AXP) and Bitcoin.