Here is Who Picked Research Solutions Inc. (OTCMKTS:RSSS) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Research Solutions Inc. (OTCMKTS:RSSS) reported that Samjo Capital Llc. has picked up 1,197,344 of common stock as of 2017-06-22.

The acquisition brings the aggregate amount owned by Samjo Capital Llc. to a total of 1,197,344 representing a 5.0% stake in the company.

For those not familiar with the company, Research Solutions, Inc. is a holding company. The Company provides a cloud based software-as-a-service (SaaS) research platform, which allows on-demand access to scientific, technical, and medical (STM) information for life science companies, academic institutions, and other research-intensive organizations. The Company provides three service offerings to its customers, which include Article Galaxy SaaS Platforms, Article Galaxy Transactions, and Reprints and ePrints. Article Galaxy SaaS platforms is its cloud-based SaaS solution (Article Galaxy), which consists of software and Internet-based interfaces. Article Galaxy Transactions provides its customers with a single source to the universe of published STM content. The Company has developed ePrint software, which transitions paper Reprints to electronic ePrints. The Company’s subsidiaries include Reprints Desk, Inc. and Reprints Desk Latin America S. de R.L. de C.V.

A glance at Research Solutions Inc. (OTCMKTS:RSSS)’s key stats reveals a current market capitalization of $26.35 Million based on $23.93 Million shares outstanding and a price at last close of $0.990 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-11-17, Cooper picked up 4,800 at a purchase price of $1.05. This brings their total holding to 11,500 as of the date of the filing.

On the sell side, the most recent transaction saw Mcpeak unload 3,100 shares at a sale price of $0.98. This brings their total holding to 92,102.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an Research Solutions Inc. (OTCMKTS:RSSS) as things move forward to see if its progress aligns with these transactions.

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