Sunday, February 27, 2011 2:00:54 AM
OTOW O2 Secure Wireless recent news and chart:
With a stream of positive news coming from the company, O2 Secure Wireless Inc., (OTOW) has had quite an interesting week. On Monday we saw them issue a press release announcing the approval of their “COALS” Application from the FCC.
On Tuesday they announced a secured Broadband Network Agreement with the city of Palm Coast in Florida.
On Wednesday, the 16th of February, they had no particular news issue; but, the equity of O2 Secure Wireless saw a significant jump in its stock price. OTOW rose from lows of $.013 cents per share to as high as $.024 on an intraday basis. This performance by OTOW lead to it being featured on nightly newscast.
Thursday, it seems was a sleeper.
Friday news VERIFIES the solid financial foundation OTOW is built on. To have the value of this license valued at $36+ million by an outside source.
I was trying to explain how important this is to a friend of mine – I used the analogy of someone finding a large gold nugget. We all know gold is valuable (just as the license is). When you take the gold to a goldsmith or jeweler they will tell you what it’s worth – that’s exactly what has happened today. The big difference between the gold nugget & this license is the nugget does not have the same potential to increase in value and continually grow and make us money as our investments with OTOW can – especially so quickly!
We have to remember – this license gives the "green light" to harvest the (potentially) millions of dollars available in the Dominican Republic.
On Monday OTOW again announces expanions of their service to yet another community residents of Flagler County and the Town of Beverly Beach, Florida representing an additional market potential in the range of a population of 13,000
Looking at the stock today, shares of OTOW have already rallied up over 23% on 8 million shares. They issued a press release this morning announcing a lease agreement to build a tower in Flagler County in Florida.
What’s next?
It appears that like O2 Secure Wireless has big plans on in its expansion goals within the Florida. The equity has had a strong week, and it should be interesting to see if they can keep the momentum going. As of this posting, shares of O2 Secure Wireless are trading at their highest price in six months. The stock was trading as high as $0.10 a share in March 2010, and hovered near $.04 cents until July–before plummeting to subpenny status–where it has lingered for until this week.
Expect to hear news on funding, uplisting, mergers, aquasisions and further growth and revenues from Florida and the Domincan Republic.
It is clear the direction of OTOW, it seems there can only be up from here.
With a stream of positive news coming from the company, O2 Secure Wireless Inc., (OTOW) has had quite an interesting week. On Monday we saw them issue a press release announcing the approval of their “COALS” Application from the FCC.
On Tuesday they announced a secured Broadband Network Agreement with the city of Palm Coast in Florida.
On Wednesday, the 16th of February, they had no particular news issue; but, the equity of O2 Secure Wireless saw a significant jump in its stock price. OTOW rose from lows of $.013 cents per share to as high as $.024 on an intraday basis. This performance by OTOW lead to it being featured on nightly newscast.
Thursday, it seems was a sleeper.
Friday news VERIFIES the solid financial foundation OTOW is built on. To have the value of this license valued at $36+ million by an outside source.
I was trying to explain how important this is to a friend of mine – I used the analogy of someone finding a large gold nugget. We all know gold is valuable (just as the license is). When you take the gold to a goldsmith or jeweler they will tell you what it’s worth – that’s exactly what has happened today. The big difference between the gold nugget & this license is the nugget does not have the same potential to increase in value and continually grow and make us money as our investments with OTOW can – especially so quickly!
We have to remember – this license gives the "green light" to harvest the (potentially) millions of dollars available in the Dominican Republic.
On Monday OTOW again announces expanions of their service to yet another community residents of Flagler County and the Town of Beverly Beach, Florida representing an additional market potential in the range of a population of 13,000
Looking at the stock today, shares of OTOW have already rallied up over 23% on 8 million shares. They issued a press release this morning announcing a lease agreement to build a tower in Flagler County in Florida.
What’s next?
It appears that like O2 Secure Wireless has big plans on in its expansion goals within the Florida. The equity has had a strong week, and it should be interesting to see if they can keep the momentum going. As of this posting, shares of O2 Secure Wireless are trading at their highest price in six months. The stock was trading as high as $0.10 a share in March 2010, and hovered near $.04 cents until July–before plummeting to subpenny status–where it has lingered for until this week.
Expect to hear news on funding, uplisting, mergers, aquasisions and further growth and revenues from Florida and the Domincan Republic.
It is clear the direction of OTOW, it seems there can only be up from here.
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