Elbit Vision Systems Ltd. (fka EVSNF)

[Lt_investor]

I just listened to the CC and I must admit that I'm impressed with the growth prospects of this little company. Management is expecting huge growth starting possibly in 2017 ( and certainly in the next 18-24 months) but their focus is currently on perfecting the product to their customers' demands before pushing for an accelerated expansion ( this way they try to avoid having to do too much service work on too many installed machines). Other highlights included the fact that soon Israeli banks will be allowed to invest in companies with a share price as low as $1.05 per share which should benefit the company once it gets there. Also interesting is that they have increased significantly the number of customers they're working with since the beginning of 2016 and it seems that a major European furniture retailer might soon ask its suppliers to ask their manufacturers to use the EVS's systems in an effort to increase and standardize the quality of the finished product.

I'm still not invested here but I'll wait either for a price under .30 or above .36 to buy my first shares.

For those interested in listening to the call they can do it here ( you may need to replay some portions due to their accent): https://www.evs.co.il/index.php?option=com_content&view=article&id=55&Itemid=203