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Soon New Visual Technology (NVEI) will be releasing information about its Name change to RIM semiconductor and their first semiconductor to be brought to market. Their shareholder's meeting will be some time at the end of July. Shares of NVEI are currently trading around 10¢
Overview: New Visual is a late-development-stage fabless communications semiconductor company. It is developing an advanced technology that allows data to be transmitted at greater speed and across extended distances over existing copper wire. With this strategy, carriers can reduce or eliminate the need to install fiber optic technology, reduce operating costs, and increase revenue per line.
New Visual will market its product (code-named Embarq) to leading global telecom equipment makers and service providers, helping them fill the gap between T1 and fiber for both business and consumer users. New Visual is a public company traded on the Over-the-Counter Bulletin Board under the symbol NVEI.
This board is for 25 cent and under stocks that are anticipating major news anytime. Please post the anticipated news and reference information/links. Thanks.