InvestorsHub Logo
Followers 784
Posts 128093
Boards Moderated 9
Alias Born 09/26/2011

Re: None

Monday, 08/18/2014 1:09:34 PM

Monday, August 18, 2014 1:09:34 PM

Post# of 48626
$NXTD's Smart Wallet in the News! Digital Wallet's Convenience Gaining Traction with Consumers - Newest Smart Wallet Launch Catches Attention of Research Firm
Research Group Introduces Long Term Intrinsic Value (IV) of $20.55 for 2015 and Current Estimate IV of $11.70 For Wocket Manufacturer

http://www.marketwatch.com/story/digital-wallets-convenience-gaining-traction-with-consumers-newest-smart-wallet-launch-catches-attention-of-research-firm-2014-06-12
http://online.wsj.com/article/PR-CO-20140612-906232.html?mod=WSJ_qtoverview_prlatest

CORAL SPRINGS, Florida, June 12, 2014 /PRNewswire via COMTEX/ -- CORAL SPRINGS, Florida, June 12, 2014 /PRNewswire/ --

Mobile payment industry rapidly evolves as smart wallet technology advances catching the attention of analysts as well as consumers: NXT-ID, Inc. (OBB:NXTD) , Visa Inc. (NYSE:V) , Mastercard Incorporated (NYSE:MA) , Google Inc. (NASDAQ:GOOG) and Apple Inc. (NASDAQ:AAPL)

SoundView Technology Group: We attended the NXT-ID (otcqb:NXTD) Wocket(TM) smart wallet launch event in NYC on May 28th and were pleased with the number of features present in the device demonstrated and encouraged by early consumer reaction to the Wocket. Just one week later we heard Rudy Giuliani talk about how cyber crime has reached "crisis proportions" because "all our sensitive data is in the cloud for criminals to access." His sentiment helps explain why a secure device like the Wocket will be a preferred solution for sensitive financial and other key data.

To read the full press release regarding NXTD, please click here: http://fnmprofiles.com/profiles-nxtd.html

NXT-ID is offering pre-orders for the Wocket smart wallet ( http://www.wocketwallet.com ) at $149 and the first shipments to customers are planned for late September. After a review we are keeping our 2014 forecast of 40,000 units and will be evaluating consumer response in order to validate our longer term projects. We're also introducing a longer term intrinsic value (IV) estimate of $20.55 for 2015. With a current IV estimate of $11.70 we think growth investors will find the risk/reward of this situation to be attractive. The full NXTD research update (PDF) is available at: http://s3.amazonaws.com/Published_Research/NXT-ID_NXTD_Update_Note_Final_June_2014.pdf

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.