SIBE Might Run on Merger News, Target $0.20
Post# of 58
SIBE Highlights
- To Acquire Blendedschools.net
- 11 Years of Operation, Strong Education Courses
- ClassChatter App Users Surpass 200,000
- Additional Education Apps Pending Fall 2013
- 22 Million Shares Outstanding
- Price Target $0.15 to $0.20 ($3 to $4 Million Valuation)
As of September 30, 2013, there were approximately 22 million common shares issued and outstanding, giving the stock a current market cap of just around $1 million. Based on their pending acquisition of Blendedschools.net, their ClassChatter app now surpassing 200,000 users, new educational apps expected this fall, and their low market valuation, Ludlow Research has issued a 'short-term' $3 to $4 million market cap target, or $0.15 to $0.20 per share on SIBE, which we still feel is very fair and justifiable when compared to others within the sector.
Acquisition of Blendedschools.net
On Oct. 10, 2013, the Company announced plans to acquire and combine business operations with Pennsylvania based Blendedschools.net. Blendedschools has an 11 year history, and large base of clients, generally focused on smaller school districts, including those in rural settings, and provides online curriculum with 192 master courses for the K-12 marketplace, all Common Core compatible; a complete hosted course authoring and learning management system (LMS) environment featuring both Blackboard and Canvas; the new Language Institute, with online courses in Arabic, Chinese, Spanish, French, Japanese, Latin, Russian, German and Hindi, all oriented to meet today's ESL requirements. The Blendedschools staff provides online, and on site training for Blended Learning training methods, conversion planning, and implementation. For more information, go to www.blendedschools.net
ClassChatter Education App
The Company announced that their blending learning platform application, ClassChatter, has now exceeded 200,000 users on its newest version as of the end of September 2013. ClassChatter allows teachers to manage journals, discussions and distribute and grade assignments within a secure environment. Additional educational apps are under development and expected to roll out quarterly starting this fall. www.classchatter.com
Online Fall Courses
Sibling Group, through its company PLC Consultants, provides online professional development courses, which are designed for teachers and administrators and their professional development. Each module provides an hour of graduate credit through the University of Sioux Falls, South Dakota, and lasts only 4 weeks. Classes for these courses have commenced as of the Fall of 2013.
http://orangecurtainmedia.com/spedmatters/und...ecial-ed-2
About Sibling Group Holdings, Inc.
Through the use of multiple teaching and learning modalities, Sibling Group Holdings, Inc. (SIBE) intends to acquire, on a global basis, advanced technology and education management operations in order to enhance and accelerate the delivery of 21st century learning. The mission will be accomplished by accessing funds from the public capital markets and melding them into a unified strategy that will help accelerate the improvement of K-12 education across the globe. The results: better educated children, sustainable and cost effective teaching model, primarily for K-12 education, and reduced dependence on governmental funding. For a complete overview please visit the Company web site: http://orangecurtainmedia.com/sibe/
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