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Cortex Reports June Traffic Numbers

|Includes:Cortex Business Solutions Inc. (CTPNF)

Press Release:

  • Since our last report, 1 new buying organization has been signed
    • Strategic Oil & Gas
  • Year-over-year, transactions on the network increased 8% from 747,921 in June 2012 to 810,821 in June 2013.
  • Total Customer Contracts increased 18% from 7,750 in June 2012 to 9,393 in June 2013.
  • 88 new suppliers were added to the Cortex Network in June 2013.
  • 53 Hubs are now live on the Trading Partner Network, an increase of 152% year-over-year.

Traffic has slowed due to the flooding that occurred in Canada last month. I am hopeful traffic will re-accelerate next month as things return to normal in the flooded areas.

Disclosure: I am long CTXZF.PK.

Stocks: CTPNF