Activistic announce Business Partner program with Google
More support has rolled in for Activistic Limited (ASX:ACU) with tech giant Google the latest to get on board. In an announcement made today, ACU were one of ten companies across the globe selected for Google’s elite ‘Business Partner Program’.
Google initially chose 50 companies that they identified as suitable and narrowed it down to the final ten for the exclusive program that runs quarterly.
The elite program provides one-to-one tailored guidance to a handful of businesses which Google deem capable of high-growth activity, and all at no cost to the company.
It was the philanthropic nature of Activistic’s business model which caught the eye of Google’s selection team, along with their innovative advancements in mobile donating technology.
These factors, coupled with favourable user reviews of ACU’s flagship app Veterans Call were the key catalysts for Google’s choice. The company was invited to apply formally through an intensive process to secure their place.
After the news was released on Friday morning, ACU’s share price rose 112% at one stage, from $0.03 to $0.053.
Ashley Black, Google’s New Business Manager, said “Based on our current focus on mobile, we believe Activistic’s business model and its positive impact, can show a high level of success and we would like to invest in creating a long, fruitful partnership. We look forward to seeing Activistic be one of our higher growth accounts this year.”
Google were initially alerted to the success of ACU’s Veterans Call app, which has received high user reviews and app store ratings, as well as the general popularity of their content.
Activistic’s Head of Marketing, Fiona Grindlay-Kuzian said “This is an endorsement from Google for the incredible potential of our philanthropic business model and the value of our top-of-class app.”
Investors should be reminded that ACU is a small cap tech stock, and a successful investment is no guarantee. It is recommended that professional financial advice be sought before investing in speculative stock like ACU.
Late last month, the company announced their partnership with Music for Relief to raise donations to assist natural disaster survivors and promote environment protection.
This follows their white label agreement with US Congressman Joe Garcia, their partnership with Blue Star Families and advanced takeover discussions with Plus Connect which would see them joining forces with Collingwood Football Club.
Short-term positions in small, early stage ASX companies,
with high potential and near term price catalysts.
Focusing on resource exploration, early-stage tech, and biotech.
Exceptional opportunities across a broad range of
early-stage growth sectors with strong management.
Seeking 1,000% plus returns across medium to long-term holds.
Longer-term positions in a variety of sectors.
Seeking strong management where traction is established and have entered into a growth phase.
S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.
Conflict of Interest Notice
S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.
The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.