mPhase Technologies Inc (XDSL)

[drkazmd65]

If only they had been able to pull this rabbit out of their hats 2-3 years ago - this company might have had a chance to come out as at least somewhat legitimate.

It (however) is still unclear whether the jumpstarter line uses any of the patented technology (my guess,... it doesn't), and whom it is that is manufacturing it,....

And keep in mind,.... the Fife legal action,.... and the ever-inflating numbers of shares being sold into the market. How 'bad' is it when a company has that kind of sales jump, and the shareprices remain at or below $0.0006?

http://ih.advfn.com/p.php?pid=nmona&article=65083967&symbol=XDSL


mPower Technologies Has Biggest Sales Quarter

Date : 01/13/2015 @ 9:20AM
Source : Business Wire
Stock : Mphase Technologies, Inc. (PC) (XDSL)


Over Half Million in Sales Revenue in Final Quarter of 2014

mPower Technologies Inc. (http://mpowertech.com/), the consumer products subsidiary of mPhase Technologies, Inc. (XDSL), announced today that it had its biggest sales quarter to date with over a half million dollars in sales revenue in the last quarter of ‘14. With a holiday sales promotion for resellers that included promotional retail pricing for consumers in stores, orders increased and re-orders continued throughout the holiday shopping season.

mPower developed a pricing plan to promote the mPower Mini Jump to increase the retailer base. Almost 1000 stores from one national aftermarket auto chain ordered Minis to either stock their first mPower emergency portable jumpstarter product or join the mPower Jump already on their shelves. The Jump Plus is also being included in some of the store re-orders. The company has extended seasonal pricing beyond the holidays. Recognizing the winter seasonality of the jumpstarter, mPower has continued with Winter Promotional Pricing and new retailers from other automotive chains are bringing the products to their shelves. mPower believes there is an opportunity to build relationships with other chain retailers and orders are reflecting that activity.

mPower has three products solidly in the marketplace that are meeting the consumers’ demand in the portable emergency jumpstarter category. The mPower Jump can jumpstart a 12V vehicle, car or boat, up to 30 times on a single charge. The Mini Jump, smaller in size, targets an additional market by offering a jumpstarter that has the added capabilities of charging electronics. The Mini can be categorized in consumer electronics. The third product is the Jump Plus. The Plus is marketed to a high volume user such as vehicle fleets and commercial repair and combines the high volume jumpstarter with features for charging electronics and an LED flashlight with SOS flasher. The Jump Plus even runs 12V mini refrigerators and 12V pumps and inflators.

The mPower Jump, Mini Jump and Jump Plus can be found on the company’s website at www.jumpitnow.com along with a line of accessories. Wholesale pricing is available for resellers and distributors. Distributor inquiries can be directed to [e-mail].

Wherever you go, you’re in charge.

About mPower Technologies

mPower Technologies Inc. is the wholly owned consumer products subsidiary of mPhase Technologies, Inc. More information about the company can be found at http://www.mpowertech.com.

About mPhase Technologies, Inc. mPhase Technologies Inc. (XDSL), a 2013 Frost and Sullivan recipient for the North American Advanced Battery Technology Innovation Award. mPhase Technologies is a publicly traded company (XDSL) that is pioneering a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery, still in development. More information about the company can be found at http://www.mPhaseTech.com.

Forward-Looking Statements. As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.



mPhase Technologies, Inc.
Danielle LaSalle, 973-256-3737
[e-mail]