BLBX - Blackboxstocks Inc. (BLBX) - NobleCon 18 Presentation Notes

NobleCon 18. Blackboxstocks CEO Gust Kepler, COO Eric Pharis, and CFO Robert Winspear presented at NobleCon18. They highlighted the increase of marketing on the platform, their mobile app, and three new products releasing in the future. A rebroadcast is available at https://noble.mediasite.com/mediasite/Catalog/Full/4ec6170801b441318e66ea53d53540a421.Marching the Marketing Beat. Management noted again the good growth in users from the advertising campaign that ended last month, but again refrained from disclosing specific numbers, although we note CEO Kepler was itching to "brag" on the numbers. TV ads and other marketing efforts are planned to happen later this year, once the mobile app is ready for prime time. We believe these ads will target self directed and younger investors.Mobile App Launch. The Company is launching the mobile app in April of 2022 on iOS and Android, and it is almost entirely similar to the desktop version. We believe that this app will attract a larger amount of new users, including younger investors as the Company's largest demographic is late age Millennials.Growing Opportunities. Products are still left to be released, as the portfolio management product targets the self-directed retail investor, the cryptocurrency platform combines the analytics of the Blackbox product with cryptocurrency, and Blackbox Pro is designed for professionals with more advanced analytics. All the products are expected to be released later in the year and have great potential, in our view, as these products are tapping into growing markets.Maintaining Outperform Rating. We are maintaining our Outperform rating and $4.50 12-month price target on BLBX shares. With its combination of a market scanner, a social media platform, and educational tools for investors, we believe Blackboxstocks presents investors with a unique combination in the SaaS fintech space, with significant organic growth opportunities. Read More >>