Tag Archives: Martin Sumichrast

Social Reality Beats Guidance to Achieve Record Revenue and Net Income Profitability for Q2 2015

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LOS ANGELES, CA — (Marketwired) — 08/13/15 — Social Reality, Inc. (OTCQB: SCRI), an Internet advertising and platform technology company that provides tools to automate the digital advertising market, today announced second quarter 2015 financial results.

Social Reality, Inc. is an Internet advertising company that provides tools to automate the digital advertising market. The company has built technologies and leveraged partner technologies that service social media and the Real Time Bidding (RTB) markets. For more information, please visit www.socialreality.com.

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Martin Sumichrast on KURE to Franchise in 36 States Across US

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CHARLOTTE, N.C., Aug. 11, 2015 /PRNewswire/ — KURE Franchise, LLC announces that its Franchise Disclosure Document (the “FDD”) has now been successfully filed in over 36 States, opening the opportunity for KURE to begin selling its KURE Vaporium & Lounge store franchises to prospective franchisees.

“We continue to be impressed at KURE’s sense of timing and execution.” Says Martin Sumichrast

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Martin Sumichrast on KURE Corp. Partners With Best Buddies International

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CHARLOTTE, N.C., July 7, 2015 — KURE Corp. is pleased to announce that it has partnered with Best Buddies International, a nonprofit dedicated to creating opportunities for friendship, employment and leadership training for people with intellectual and developmental disabilities (IDD). Founded in 1989 by Anthony Kennedy Shriver, Best Buddies is an international philanthropic venture that has grown from one original chapter at Georgetown University to more than 1,900 middle school, high school, and college chapters worldwide. Best Buddies programs engage participants in each of the 50 United States, and over 50 countries around the world. With eight formal programs, the efforts of this organization continues to positively impact the lives of more than 900,000 individuals with and without IDD worldwide.

“KURE has taken a very good and positive initiative in partnering with an outstanding world class charitable organization like Best Buddies International.” Read the full story here.

America and Austerity

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gov-spendingMartin Sumichrast describes that there has been a period of austerity for the past 4 years. It’s a fundamental response to a decade long financial boom which was based on irrational credit policies.

 

 

In other words Martin says, “the hangover always hurts. The goverment ramped up spending, then got the carpet pulled out from under itself. Austerity will taper as the economy rebounds, although very slowly.”

Original Article for Reference:

America Has Had More Austerity Than You Ever Would Have Imagined

JOE WEISENTHAL AUG. 17, 2013, 9:01 AM

Read more: http://www.businessinsider.com/austerity-coming-to-an-end-2013-8#ixzz2cSS0HCxD

High Mortgage rates should ease up credit

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Martin Sumichrast states that “We need to get back to a more reasonable standard that takes into account a borrowers complete financial picture and not only a few data points that some bean counter has established.” Martin also expresses,”US Housing needs to become healthy again and reasonable, available credit is the main fuel in the tank that can make this happen.”

Full commentary can be found on The Sumichrast Report.