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Wednesday July 6th, 2016
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Virtual Piggy, Inc. (VPIG)
Wall Street Mover, TopPennyStockMovers, Wall Street Resources, Winston Small Cap, FeedBlitz, Real Pennies, Penny Trader Publisher, and Wallstreetlivechat reported on Virtual Piggy, Inc. (VPIG), and we also highlight the Company, here at the QualityStocks Daily Newsletter.
OTC Bulletin Board-listed, Virtual Piggy, Inc. is the provider of Oink, which is a secure online and in-store youth wallet. Oink enables children and teens to manage and spend money within parental controls while gaining valuable financial management skills. With the Oink youth wallet, one can shop and also manage their money online and on-the-go. Virtual Piggy holds three technology patents, US Patent No. 8,762,230, 8,650,621 and 8,812,395. A technology enterprise, the Company was named Best in Category for teen cards in the 2015 Paybefore Awards. Virtual Piggy is headquartered in Hermosa Beach, California.
Furthermore, Virtual Piggy, in addition to the Oink Card, delivers payment platforms designed for the under 21 age group in the worldwide market and enables online businesses the ability to function in a manner consistent with the Children’s Online Privacy Protection Act (COPPA) and like global children’s privacy laws.
The Oink Card gives one a way to pay peer-to-peer, online and in-store. In addition, the Oink App gives a person access to offers. The Oink App permits one to receive money from parents or approved family friends. A user can also check their Oink Card balance and monitor spending with the app. A user can also engage in Gaming with Oink. They can make in-game purchases hassle-free.
The Company’s virtual piggy bank payment technology was created for parents who needed a way to permit their children to shop online safely. Oink’s family wallet provides the tools to manage a budget and track spending. Oink empowers and educates teenagers. It does so while keeping parents informed and in control.
The Oink Card provides the freedom and safety Virtual Piggy cultivates online, offline. Parents can add money and track spending in real-time using the reloadable prepaid card.
In May, Virtual Piggy announced the appointment of Mr. John R. Coyne as Chief Executive Officer (CEO), effective April 18, 2016. Mr. Coyne now also serves as Chairman of the Board and a member of Virtual Piggy's Board of Directors.
Mr. Coyne said, "Virtual Piggy's Oink is the world's only payment system capable of compliantly serving 80 million children under the age of 17 in the United States alone who influence over $160 billion in spending. It's an untapped opportunity."
Virtual Piggy, Inc. (VPIG), closed Wednesday's trading session at $0.15, up 7.14%, on 1,300 volume with 2 trades. The average volume for the last 60 days is 14,478 and the stock's 52-week low/high is $0.0613/$0.45.
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