Straight forward insurance tech growth story which should achieve profitability in 2025. This estimate is based on their five year sales performance chart. Established in Utah, the company sells vacation rental insurance to Hotels, Airbnb, VRBO, as well as sports and recreational insurance. The current float consists of the following: 170 million common shares. A majority of these shares are held by directors and officers of the company. 28.4 million warrants. Almost all of these warrants are not exercisable until $0.20. A hefty portion of them will be expiring at the end of February of this year. 2.85 million options. These are exercisable at $0.02. However, there is a disclaimer written in the 2024 audited financial results which states: "The options become exercisable when the Company’s vacation rental subscription program reaches 1,200 properties and will remain exercisable for 2 years after reaching that milestone." Performance Numbers in US Dollars:
InsuraGuest Launches Luxury Insurance Coverage Solution for Its Hospitality Liability Product Suite https://www.newsfilecorp.com/releas...n-for-Its-Hospitality-Liability-Product-Suite Newsfile Corp. - January 6, 2025) - InsuraGuest Technologies, Inc.® (TSXV: ISGI) (OTCQB: ISGIF) ("InsuraGuest" or the "Company"), a leading Insurtech innovator, is pleased to announce the launch of a new luxury insurance coverage solution, further expanding its subscription-based business offerings. The new coverage is designed to address the unique needs of luxury vacation rentals by providing protection for high-value items. The decision to introduce this luxury coverages follows direct feedback from property owners in the high-end segment, who sought enhanced coverage for valuable assets at a risk of accidental damage or theft by guests. "We are excited to introduce this new luxury coverage solution," said Reed Wright, President of InsuraGuest Technologies Inc. "By adding this coverage, we continue to expand our technology stack to meet the evolving needs of our customers. This solution will enable our growing customer base, including luxury properties, to better protect their assets, and it reinforces our position as a leader in the hospitality insurance space. Additionally it supports our long-term goal of achieving profitability while driving further growth in our covered properties and ski ticket sales." InsuraGuest's platform, which has already proven successful in providing specialized Hospitality Liability and Sports & Events Activity insurance, now offers an added layer of security for luxury properties. This premium coverage is designed to ensure that owners and operators can confidently offer vacation rentals or hotel stays, knowing their valuable items are protected. Full details of the coverage are available at InsuraGuest Premium Coverage. About InsuraGuest Technologies Inc. Harnessing the Power of Technology to Reinvent Insurance InsuraGuest Technologies (TSXV: ISGI) (OTCQB: ISGIF) is an innovative Insurtech company. InsuraGuest delivers insurance and/or warranty program coverages to vacation rentals, hotels, resorts, and ticketed events, including sports activities. The Company provides its clients with a streamlined, tech-driven solution for managing risks and protecting assets in the hospitality sector. With a continued focus on growth and profitability, InsuraGuest is expanding its product offerings to meet the needs of a rapidly evolving marketplace. CA / LIC: 6001686 For more information, visit the company's website at: www.InsuraGuest.com Company Contact: InsuraGuest Technologies, Inc. Media Relations Reed Wright [email protected]
