Grey Cloak Tech, Inc. ($GRCK), Acquires $6.4mm ShareRails, Inc. – $1.7 million in Sales, 300% Growth
See the Full Press Release and other stories on Grey Cloak Tech on EmergingGrowth.com here.
Grey Cloak Tech, Inc. (OTC Pink: GRCK), today announces that it has completed its acquisition of ShareRails, a provider of online-to-offline (O2O) e-commerce services, which is valued at more than $6.4 million by Excel Management Systems.
ShareRails, Inc. provides a unique, interactive mobile platform that connects shoppers and retailers by transforming local retailers’ inventory data into rich digital content indexed by Google and other search engines. Grey Cloak Tech’s acquisition of ShareRails provides valuable synergies that will expand the platform’s reach into the social commerce and retail marketing industries.
Google’s (NASDAQ: GOOG) TomorrowVentures, former lead incubator Joseph Nejman, is the Founder and Director of ShareRails, Inc., and will also serve as the President and Board Member of Grey Gloak, Inc. (OTC Pink: GRCK).
Nejman stated “The acquisition of Sharerails by Grey Cloak Tech will allow us to accelerate our business model. We have been looking for this opportunity for a long time, and now the opportunity is at hand. Grey Cloak Tech brings a deep knowledge of enterprise software solutions that works seamlessly with our proprietary shopping applications. By combining both systems, it provides the end user with a one-stop-shop solution. This is only the beginning of a long and successful relationship.”
About Grey Cloak Tech and ShareRails
The ShareRails Online to Offline Platform (O2O) levels the digital playing field between e-commerce stores and brick-and-mortar stores by transforming local retailers’ inventory data into rich digital content that is then indexed by Google and other search engines. ShareRails’ platform attracts prospective customers via online channels to physical stores where they can pick up their items. This serves the “instant gratification” mentality of today’s consumer. Using Internet marketing, social media and email marketing, ShareRails makes it easy for brick-and-mortar stores to become visible to millions more online shoppers.
The ShareRails O2O cloud platform offers retail merchants inventory management, curation and promotion features that can:
Make Products Discoverable – In-stock products and promotions are instantly searchable online. Additionally, ShareRails creates digital product catalogs that enhance mall and merchant websites.
Drive Foot Traffic – Products appear in local search and social media results. Search results drive customers to brick-and-mortar stores by showing store directions, hours and product details.
Boost Customer Experience – The ability to have a continuous brand experience across devices ensures customers receive a personalized touch, both in-store and online.
In addition to the O2O e-commerce services provided by ShareRails, Grey Cloak offers industry-leading secure digital marketing, and click-fraud detection software. Click fraud, or bot fraud, cost unsuspecting advertisers approximately $18.5 billionhttp://adage.com/article/digital/ad-fraud-eating-digital-advertising-revenue/301017/ in 2015.
For more information, visit http://www.GreyCloakTech.com and http://www.ShareRails.com.
About EmergingGrowth.com
EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.
All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks. This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://emerginggrowth.com/4725-4739/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.
See the Full Press Release and other stories on Grey Cloak Tech on EmergingGrowth.com here.
Grey Cloak Tech, Inc. (OTC Pink: GRCK), today announces that it has completed its acquisition of ShareRails, a provider of online-to-offline (O2O) e-commerce services, which is valued at more than $6.4 million by Excel Management Systems.
ShareRails, Inc. provides a unique, interactive mobile platform that connects shoppers and retailers by transforming local retailers’ inventory data into rich digital content indexed by Google and other search engines. Grey Cloak Tech’s acquisition of ShareRails provides valuable synergies that will expand the platform’s reach into the social commerce and retail marketing industries.
Google’s (NASDAQ: GOOG) TomorrowVentures, former lead incubator Joseph Nejman, is the Founder and Director of ShareRails, Inc., and will also serve as the President and Board Member of Grey Gloak, Inc. (OTC Pink: GRCK).
Nejman stated “The acquisition of Sharerails by Grey Cloak Tech will allow us to accelerate our business model. We have been looking for this opportunity for a long time, and now the opportunity is at hand. Grey Cloak Tech brings a deep knowledge of enterprise software solutions that works seamlessly with our proprietary shopping applications. By combining both systems, it provides the end user with a one-stop-shop solution. This is only the beginning of a long and successful relationship.”
About Grey Cloak Tech and ShareRails
The ShareRails Online to Offline Platform (O2O) levels the digital playing field between e-commerce stores and brick-and-mortar stores by transforming local retailers’ inventory data into rich digital content that is then indexed by Google and other search engines. ShareRails’ platform attracts prospective customers via online channels to physical stores where they can pick up their items. This serves the “instant gratification” mentality of today’s consumer. Using Internet marketing, social media and email marketing, ShareRails makes it easy for brick-and-mortar stores to become visible to millions more online shoppers.
The ShareRails O2O cloud platform offers retail merchants inventory management, curation and promotion features that can:
Make Products Discoverable – In-stock products and promotions are instantly searchable online. Additionally, ShareRails creates digital product catalogs that enhance mall and merchant websites.
Drive Foot Traffic – Products appear in local search and social media results. Search results drive customers to brick-and-mortar stores by showing store directions, hours and product details.
Boost Customer Experience – The ability to have a continuous brand experience across devices ensures customers receive a personalized touch, both in-store and online.
In addition to the O2O e-commerce services provided by ShareRails, Grey Cloak offers industry-leading secure digital marketing, and click-fraud detection software. Click fraud, or bot fraud, cost unsuspecting advertisers approximately $18.5 billionhttp://adage.com/article/digital/ad-fraud-eating-digital-advertising-revenue/301017/ in 2015.
For more information, visit http://www.GreyCloakTech.com and http://www.ShareRails.com.
About EmergingGrowth.com
EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.
All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks. This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://emerginggrowth.com/4725-4739/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.
