Vaso Corporation (VASO)

[OBrien]

Q4 is by far VASOs best quarter and with the IT growth (separate from "Netwolves") this should be IMO another big Q4 like they have shown in the past. A $22Mil Q should be doable but could be even bigger IMO

Healthcare IT VAR business has showed growth($6.3Mil backlog vs $3.7Mil)
and they are guiding for stronger GEHC equipment deliveries in Q4 and this likely means further IT growth.

At .12 VASO has a market cap of $19.5 Mil which is about 1 quarter of sales. Thru 3 quarters in 2016 VASO has sales of $53.3Mil and net income of about 500K. They will likely end the year with around $75Mil in sales vs $57Mil in 2015.

Q4 net income has been huge in recent years with $2.7Mil in 2015 and $2.5Mil in 2014. If this is repeated again in 2016 the stock is way undervalued.

Also, going in to Q4 the company had $5.7Mil in cash.

My thoughts are this stock can very easily be back in the .20s on a good report come March.
Longer term they should continue to grow which makes for a great long term hold IMO