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Apologies if this has already been posted: Tundra is the Canadian exclusive distributor of VirTra, a global leading provider of the world’s most realistic and effective small arms simulators. VirTra is the higher standard in firearms training simulators, offering a variety of simulator platforms, realistic gas-powered recoil kits and the patented Threat-Fire™ simulated hostile return fire system. VirTra’s products provide the very best simulation training available for personnel that are entrusted with lethal force and critical missions.
Their keynote product is the Virtra 300 MIL™, a 300 degree immersive training platform which is one of the most advanced and flexible firearms training simulators in the world.
Tundra uses VirTra simulators as a judgmental training supplement in many of our training programs and hosts the Virtra 300 and the Virtra range at our Training facility in Canada. The Virtra 300 is an excellent training support devices for law enforcement and military forces which can improve close quarter battle skills, situational awareness, cognitive thinking, judgment and decision making that directly translates into improved performance for both individuals and teams.
Please contact us at virtra@tundragroup.ca if you would be interested in incorporating VirTra into your organization’s training program.
http://www.tundra-security.com/training/virtra/
DMX +$35Million for each previous album. SAPX releases DMX album in next month. At 5 yr lows, I believe SAPX will see a run up as album release gets closer. (just one of a number of near term catalysts)
This is from Yahoo board
---
http://allhiphop.com/2012/01/24/new-dmx-album-undisputed-first-of-two-unreleased-albums-being-released-in-2012/
-When SAPX releases the first album in the next month, that event alone will drive the stock price much higher. Remember we are at $3.2M market cap right now. The shorts/brakes will have to let go sometime soon. "The potential revenues to be derived from the DMX albums are very significant. The rapper’s first five albums consecutively topped the Billboard 200 Chart and have generated over $35 million per album in the United States, according to SoundScan data."
--------
"A media company has announced they have acquired the rights to two unreleased DMX albums, that will be released nationwide in 2012.
Seven Arts Entertainment has announced that they have acquired the assets of Michery Music, a production company owned by industry vet David Michery.
In addition to producing a variety of platinum albums, Michery has held numerous executive positions at a number of labels including Scotti Bros.
Records, MCA Records and Zoo/BMG.
Michery is also the founder of Breakaway Entertainment and American Music Corporation.
Under terms of the new deal, David Michery will become the CEO of Seven Arts Entertainment, which will release Undisputed, which was acquired in the deal.
“Dave Michery represents a significant addition to Seven Arts’ business, and we are very excited about the revenue and earnings potential of DMX and
Dave’s other music assets,” Seven Arts Entertainment CEO Peter Hoffman said.
The potential revenues to be derived from the DMX albums are very significant.
The rapper’s first five albums consecutively topped the Billboard 200 Chart and have generated over $35 million per album in the United States, according to SoundScan data.
Seven Arts is also hoping to launch new talent for the label, in the genres of Hip-Hop, R&B, Pop, Dance and Rock.
Both of the DMX albums will be distributed by Fontana Distribution, which is a division of Universal Music Group.
New DoD sales guy...and life goes on at Virtra. Granted mgt makes terrible decisions for shareholders and the growth of the company, but those who bought in the .05's will be able to sell again for a profit in the not too distant future. The panic has been a great opportunity in my opinion.
I'm maxed out financially. If I had cash, I would be buying, even if for no other reason than selling at .08 to get back some losses.
All I know is that someone is going to make a lot because of the postings the past few days. At .055 cents right now w/ Virtra selling $200K products to military and police departments worldwide....documented by the military and police departments themselves. There's no disputing the sales, think about it. Again, someone is going to make a lot of money buying in at these levels...whether it's the "insider" posting or not, it's working like a charm for someone.
Maybe the person wants current shareholders to sell so that voting will be easier for Miller and Virtra management at the shareholder meeting. Remember, the date of record on Friday was interestingly moved a week, until the end of this week.
My fellow investors, it is working....
Virtra may be successful in getting shares for voting power this week....given they extended the record date until the end of the week.
Right, he throws up his arms and walks out, lands a new job the same day, and the new company has time to PR it that same day. We have to remember this is a message board and some have other motives when posting (internal conflicts with company etc). In addition, there are two ways to play the market. The board seems to be in a slight frenzy, but remember the existing technology/patents/interest haven't changed. I'm usually one of the negative ones on this board, but oddly now it seems like I'm one of the few seeing the light at the end of the tunnel, and it's not a train.
I received a Google alert about Hinnant being gone, about 15 minutes before HN/C's post. I suspect others received the same alert without being close to the company or insider.
Too much technology and interest for Virtra not to be bought for at least .14-.17 cents, even on the **worst** of days. Virtra has amazing products that are gaining demand through more avenues than in the past. Clean house and now off to become a business unit of a much larger player in the market with doors open to many additional customers. In my opinion this is where we are headed in the next two months, and I see it as very good news at this point. Audit could/would have been done by mid May, sale of the company could not. Would be an awkward meeting in May without being able to say anything....and Ferris would at that point unnecessarily face the wrath of us angry investors demanding information about uplist.
We may have a short term drop in share price Monday, but those who realize that Virtra's technology/patents/interest haven't changed, will come in and buy. I suspect by June meeting we will be at least .11-.12 cents in anticipation. If buyout news/leak makes it out before then, that is a different story.
Annual shareholders meeting - June 8th now. Ferris must be getting an excellent plan for the business and shareholders in place during this time. That's the good news? Actually maybe the good news is that we have been sold to a management team that seriously considers/values shareholders when they take investors money. A lot of technology ($$$) has been developed by Virtra. Someone with a business mind will certainly be able to capitalize on this by growing their own portfolio of products.....
TEMPE, AZ, Apr 20, 2012 (MARKETWIRE via COMTEX) -- VirTra Systems (pinksheets:VTSI), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced that it will reschedule its 2012 Annual Shareholders' Meeting for June 8, 2012. VirTra's revised record date for the determination of shareholders entitled to vote at the Annual Shareholders' Meeting is the close of business on April 24, 2012. Notice of the meeting and related materials will be mailed in mid-May.
Given the 12 additional months Ferris has had, he has no reason not to provide a detailed and full plan that will show significant benefit/value to shareholders. If not, then it will likely be voted down given the risk a RS brings on it's own. I'm personally hopeful that this attempt in May will have an extensive/thorough plan for us to better understand the future of this investment we have made.
Learned - You must be wildly successful with that approach in your business/investment world (just "sell").
Virtra would not be where they are today without us investors. Your approach of just rolling over is terrible business advice in my opinion. As owners of the company, we have a right to question management, email/phone frequently etc. If Ferris didn't want to deal with this, then why have a public company. You can't just take money from investors with no responsibility on the other end. Well you can, but that doesn't usually work out well from a legal perspective these days.
PEIX -regarding the list...As I understand, some companies have a non-disclosure rule that would not allow the info to be published until the company itself (ie PEIX) distributes it. Assuming that is the case, and given PEIX is a fairly significant player in the Ethanol business, the direct news should come in the future and provide additional attention for PEIX. I sent mgt a note regarding the same, however they cannot comment at this time until public info.
PEIX - The big news is that E15 is essentially approved which means Ethanol demand will skyrocket. This is rolling out to gas stations around the country as soon as summer. PEIX simply has to apply...
http://www.startribune.com/business/145865205.html
I definitely have reached out to them with my concerns
As owners and shareholders who are financing the company, I would encourage you to email Bob and the Miller group directly, asking for more transparency. Will they say we have to wait until May? Possibly, but it sure doesn't hurt to encourage them to be more forthcoming with information. If nothing else, work to spread Virtra's information/history to the investor community. Even once we make it to the May 8th date, we might be back in the same boat waiting for another 7 months because that's what Bob/Miller group chooses. If you haven't contacted the company, then it is assumed you are okay with the IR strategy.
Kokopelli - $1B in revenues projected based on today's presentation. This is for Kokopelli by itself. Saw this on the Yahoo board just now. http://wsw.com/webcast/roth26/dej/ slide 7
Some will look back in a few months and wonder why they didn't buy in the .40's, .50's, and .60's.
Schneidku40, you quickly took up the offer to call/email the company because of your seeming frustration. However, you've come back very defensive of the company now. My theory is that you are affiliated with Virtra and headed the mass email/phone posting off at the pass to supposedly "take care of it for us". I assume you realize that if it was traced back that you were affiliated with the company (IP address and other ways) and you were hiding that from investors, that would end you up in a court room defending yourself and the numerous previous communications you've made on this board.
On a separate note, I will reiterate that everyone on this board should take it on themselves to express their frustration to both Ferris and the IR Firm (Miller). Those who complain on a message board, but haven't been proactive enough about their investment to at least simply contact the company directly, deserve their frustration. Again, we've supported and built what Ferris has in place today. He could not have made it without the dilution and investors support.
When I had concerns last year, people on this board were originally very defensive of Ferris and their strategy. Seems like more are coming around to what I said, although I'm slightly more positive now. Everyone should reach out to both the company and the IR firm via email/phone to express your concerns. Virtra also has a Facebook page in what appears to be a means of communication. From a financial perspective, we have after-all taken Virta to where it is now via our investments. If no one had invested years ago, if the company hadn't diluted to raise money, would they have had the $ to grow? In my opinion you'll/we'll have a better shot of making a difference than our conversations on here. Certainly everyone here, including myself, enjoy the conversation/posts, but ultimately nothing from a company change perspective will be accomplished via investorshub.com. Email, phone, facebook. As investors I believe we have a right to ask for updates and express our concerns.
With all the significant new hires and the lack of news, I believe it's obvious (despite my past negativity) that something large is in the works. Whether it is an outside investment who is funding a major ramp-up in sales team/engineering, or simply a door opened for the $50M deals that many have always hoped for...
DEJ article, a small percentage of the land they explore was recently estimated to be worth $120M (ie oil/natural gas) by an independent firm. Yet DEJ has a market cap of only $54M. They certainly have a ton of other reserves/explorable land not documented in this particular evaluation. Plus they have very little debt.
http://finance.yahoo.com/news/Dejour-Kokopelli-Driven-Light-bw-797065694.html?x=0
If you look back at recent company presentations, you'll see where their business plan has been leading up to this year as the year for huge $.
Zacks raised their target to $1.05.
The products are definitely excellent and in demand, but if that is your reasoning, I still disagree about not accepting $25M. They've been excellent and in demand for a long while. We can hope/want/believe all we want, but look at the history. Investors have been hoping/wanting/believing for many years, yet even in the good times mgt hasn't been able to fully capitalize and increase shareholder value. Again, they may sell a ton of systems this year, but given the history, why should an investor believe that shareholder value will double (or go up) as a result.
Is it because Ferris and management are going to successfully grow the company to $25M this year or next?
Given Virtra's long past, I'm simply trying to be reasonable. Would I expect A LOT more if I didn't consider the history of VTSI, yes. Unfortunately however, as an investor, one has to occasionally look back and weigh the significant milestones in the company and what it actually has resulted in. Not looking very far back....a very significant deal with Gander mountain for instance resulted 8 months later in lower valued company, why, because management crushed the momentum by throwing out a 100:1 reverse split. I have no clue what management will do next time investors and Virtra have a chance at seeing the value increased. I would take a $25M valuation as an investor and say "good work guys" at this point.
With that being said, I really do have a feeling that something significantly good is in the works right now. Just a matter of how much the team and VTSI can capitalize on it. My expectations are low, so I'm very content with doubling the valuation of the company.
With $355M cash on hand and very little debt, I would see Cubic as one of those who could easily purchase Virtra to diversify their training systems. What's $25M to them to get the Gander deal (and make it actually thrive and increase shareholder/marketing value for Cubic), the technology, the patents, etc.
That is, if Bob would let it happen. Maybe our "Orlando office" will work to develop an initial relationship with Cubic there in Orlando.
Not sure how I missed that Steven left the company. If he did, I'm not surprised given his track record/resume.
A lot of negativity on the board lately (it was previously mainly just me). I actually think something significantly positive is in the works. Yes, it is speculation, but it's been very quiet from Virtra after hiring Miller, increasing the # of employees, getting the bigger facility, etc. I personally think there are some big sales in the near future and someone is making an investment in the company, ie Gander Mountain would make the most sense.
As far as the negativity, we've all likely all seen it before with other stocks. Right when it seems like the stock is beaten up, everyone's angry, a very positive catalyst comes along and/or the stock just turns up. Look at the broader picture when the Dow crashed down to 8000 a few years back and everyone was panicking, those who were smart were advising their clients to buy. If you believe in the product (in that case the U.S.) then put the daily emotion out of it and buy when it's beaten up. In this case, Virtra has an excellent product that huge organizations are buying for significant $. It's a proven technology that's getting better and with a patent for a very useful feature that other competitors are going to want/need to have.
If it was not a sham, then it was a terrible business mistake and IR mistake that's 101 level. Virtra invested a lot of money in getting investors to believe they were going to uplist to the Nasdaq. They asked investors to absorb a huge reverse split for when in actuality Virta didn't know for sure if they could meet a basic uplist requirement. RS almost always has a negative investor impact, but the uplist was going to counter-act this in some investors minds based on what Virtra said. Virtra should be grateful a few more people didn't vot yes to pass this thing, otherwise they would have a worse situation on their hands.
This past situation will and should unfortunately be on investors minds if Virtra says they are going to uplist again.
If there is a gap that prevents them from doing the audit of 2010, then what were the conference calls 8 months ago regarding uplisting all about? What were all the individual calls to us encouraging us to vote YES on the proxy all about?
If they couldn't uplist anyway, yet were using the uplist to motivate all of us to vote "YES" on the RS, that's a sham. Granted, at this point many of us felt it was a sham already, but this just paints a clearer picture.
I would think Bob Ferris has lost some respect in a number of investors minds if this is the case.
New videos on CBS news showing Virtra systems...
http://minnesota.cbslocal.com/video/6609716-hone-your-skills-at-gander-mt-s-gun-academy/
Per gander academy this is 1 of 4 live segments that WCCO-MN TV did at Gander Mtn. Academy Lakeville this morning.
Now if Virtra had any PR or marketing abilities, someone might actually find out who is responsible for this excellent system. But that's unfortunately not the case. #marketingPRfailure
That was my 1000 share buy at .079, I wanted to show my wife how good our portfolio was doing, easy way to add 12% to it. only kidding
XFN Due Diligence
From the CEO on the latest Q3 conference call:
"....we have sold to more than 30% of the market in a very short period of time. To give you a sense of the pace of subscriber rates, half of our growth over the past year came in the third quarter alone...."
http://seekingalpha.com/article/307992-xfone-s-ceo-discusses-q3-2011-results-earnings-call-transcript?source=yahoo
*******************************************
XFN is Owned 65%+ by insiders
*******************************************
From 2nd qtr 2011 conference call - Guy Nissenson (CEO)
"Yes, good morning. My question, Guy, is on the opportunity for backhaul in the new PRIDE build-out areas. Could you just give us a little bit more detail there on, what you see is the opportunity?
Guy Nissenson
Okay. So as you probably know with all the bandwidth growth that is happening due to the smartphones, iPads, BlackBerrys et cetera, the need for reliable fiber optic based backhaul system is paramount. And then where we built now in this PRIDE network and then both in Texas and in Louisiana, for the most part, there is no one that can provide or very few companies that can provide backhaul services to the degree that we can.
And what we are doing at the moment is starting to sign-up wireless companies to backhaul their mobile data services into their main networks. One of the good things about doing that, is that the incremental EBITDA is very high on these types of services because the fiber is already in the ground and for us it’s another way to use the same systems. So we are very happy with the two companies that’s already signed. And we expect to grow to more cell towers with these providers and also hope to sign additional providers as we continue to grow the PRIDE network out."
******************************************
XFN Article- "AT&T and Time Warner have nothing on xfone's growth" From Nov 29, 2011
http://www.smallcapnetwork.com/AT-T-and-Time-Warner-Have-Nothing-on-Xfones-Growth-TWX-T-XFN/s/via/1789/article/view/p/mid/3/id/70/
"Xfone, Inc. offers a variety of telecom services in the southeast and midwest, serving up everything from broadband to cable television to long distance plans. And, it's a legitimate presence in its target markets, not to mention a legitimate threat to the likes of TWX and T in those select markets. On the other hand, with AT&T being a $166 billion company and Time Warner Inc. being a $33 billion outfit, how worried can either really be by this $11 million micro cap name?
It's all relative to investors though, since fewer XFN shareholders means fewer shareholders to split the profits with. And, that may be just around the corner.
....Last quarter was a big leap in that regard, but the best may be yet to come now that the company's got some momentum with its product/offer mix. In fact, it's still accelerating. Its new fiber-optic business grew 30% compared to last year's level at the time, and Q3's fiber business grew 12% in comparison to Q2's total. It's good money for XFN too - the fiber-optic proportion of revenue was the same proportion as EBITDA, meaning its not costing the company more to expand than it's benefiting it.
...Xfone, Inc. still isn't a real threat to the likes of AT&T Inc. or Time Warner Inc. But, if aggressive investors were looking to add a little pizzazz to their value-oriented telecom holdings, growth-oriented XFN would be a savvy way to do so. It's combined growth-through-acquisition to a well-executed organic-growth plan, and the numbers are starting to show it (triple-play revenue up 30% last quarter, and total fiber business up 12%)... with persistent profits not out of reach."
****************
IMO Q4 should show substantial growth. The current $19M market cap is extremely low based on current metrics...and especially after Q4 it will just plain look silly. Also note that XFN receives grants and low interest long term gov loans for much of their work. The idea behind the company is great, as they roll out high speed internet and other services to smaller towns that haven't seen it before (there are a lot of them). Once XFN has the fiber laid down to each of these cities, it's simply recurring revenues each month as people add the service on its route.
Agreed about XFN (I haven't had a chance to look into the others yet)
XFN - Due Diligence post for all
From the CEO on the latest Q3 conference call:
"....we have sold to more than 30% of the market in a very short period of time. To give you a sense of the pace of subscriber rates, half of our growth over the past year came in the third quarter alone...."
http://seekingalpha.com/article/307992-xfone-s-ceo-discusses-q3-2011-results-earnings-call-transcript?source=yahoo
"Average revenue per user at September 30, 2011, for residential FTTP customers was approximately $95 per month, with business FTTP customers at approximately $392 per month."
*******************************************
XFN – Owned 65%+ by insiders
*******************************************
From 2nd qtr 2011 conference call - Guy Nissenson (CEO)
"Yes, good morning. My question, Guy, is on the opportunity for backhaul in the new PRIDE build-out areas. Could you just give us a little bit more detail there on, what you see is the opportunity?
Guy Nissenson
Okay. So as you probably know with all the bandwidth growth that is happening due to the smartphones, iPads, BlackBerrys et cetera, the need for reliable fiber optic based backhaul system is paramount. And then where we built now in this PRIDE network and then both in Texas and in Louisiana, for the most part, there is no one that can provide or very few companies that can provide backhaul services to the degree that we can.
And what we are doing at the moment is starting to sign-up wireless companies to backhaul their mobile data services into their main networks. One of the good things about doing that, is that the incremental EBITDA is very high on these types of services because the fiber is already in the ground and for us it’s another way to use the same systems. So we are very happy with the two companies that’s already signed. And we expect to grow to more cell towers with these providers and also hope to sign additional providers as we continue to grow the PRIDE network out."
******************************************
XFN Article- "AT&T and Time Warner have nothing on xfone's growth" From Nov 29, 2011
http://www.smallcapnetwork.com/AT-T-and-Time-Warner-Have-Nothing-on-Xfones-Growth-TWX-T-XFN/s/via/1789/article/view/p/mid/3/id/70/
"Xfone, Inc. offers a variety of telecom services in the southeast and midwest, serving up everything from broadband to cable television to long distance plans. And, it's a legitimate presence in its target markets, not to mention a legitimate threat to the likes of TWX and T in those select markets. On the other hand, with AT&T being a $166 billion company and Time Warner Inc. being a $33 billion outfit, how worried can either really be by this $11 million micro cap name?
It's all relative to investors though, since fewer XFN shareholders means fewer shareholders to split the profits with. And, that may be just around the corner.
....Last quarter was a big leap in that regard, but the best may be yet to come now that the company's got some momentum with its product/offer mix. In fact, it's still accelerating. Its new fiber-optic business grew 30% compared to last year's level at the time, and Q3's fiber business grew 12% in comparison to Q2's total. It's good money for XFN too - the fiber-optic proportion of revenue was the same proportion as EBITDA, meaning its not costing the company more to expand than it's benefiting it.
...Xfone, Inc. still isn't a real threat to the likes of AT&T Inc. or Time Warner Inc. But, if aggressive investors were looking to add a little pizzazz to their value-oriented telecom holdings, growth-oriented XFN would be a savvy way to do so. It's combined growth-through-acquisition to a well-executed organic-growth plan, and the numbers are starting to show it (triple-play revenue up 30% last quarter, and total fiber business up 12%)... with persistent profits not out of reach."
****************
IMO Q4 should show substantial growth. The current $19M market cap is extremely low based on current metrics...and especially after Q4 it will just plain look silly. Also note that XFN receives grants and low interest long term gov loans for much of their work. The idea behind the company is great, as they roll out high speed internet and other services to smaller towns that haven't seen it before (there are a lot of them). Once XFN has the fiber laid down to each of these cities, it's simply recurring revenues each month as people add the service on its route.
Virtra Simulator on America's Most Wanted...
As other investorhub members saw on TV:
http://www.virtrasystems.com/news/virtra-systems-use-of-force-simulator-appears-on-americas-most-wanted.html
"The VirTra 300 appeared during a segment of television's America’s Most Wanted. The episode, "America's Most Wanted: U.S. Marshal Special Edition", aired Saturday, December 17 2011.
Exploring the work of the Marshals Service, John Walsh, host of America’s Most Wanted, toured the Marshals training facility and engaged scenarios on the VirTra 300.
Commenting on his experience in the VirTra 300 Walsh commented,"Even though it's a simulation, you start sweating, your heart rate goes up".
You're darn right John - that's because we build the most immersive firearms training simulators on the planet."
XFN signing up wireless carriers to back-haul their mobile data services.
From 2nd qtr 2011 conference call - Guy Nissenson (CEO)
"Yes, good morning. My question, Guy, is on the opportunity for backhaul in the new PRIDE build-out areas. Could you just give us a little bit more detail there on, what you see is the opportunity?
Guy Nissenson
Okay. So as you probably know with all the bandwidth growth that is happening due to the smartphones, iPads, BlackBerrys et cetera, the need for reliable fiber optic based backhaul system is paramount. And then where we built now in this PRIDE network and then both in Texas and in Louisiana, for the most part, there is no one that can provide or very few companies that can provide backhaul services to the degree that we can.
And what we are doing at the moment is starting to sign-up wireless companies to backhaul their mobile data services into their main networks. One of the good things about doing that, is that the incremental EBITDA is very high on these types of services because the fiber is already in the ground and for us it’s another way to use the same systems. So we are very happy with the two companies that’s already signed. And we expect to grow to more cell towers with these providers and also hope to sign additional providers as we continue to grow the PRIDE network out."
XFN Article- "AT&T and Time Warner have nothing on xfone's growth" From Nov 29, 2011
http://www.smallcapnetwork.com/AT-T-and-Time-Warner-Have-Nothing-on-Xfones-Growth-TWX-T-XFN/s/via/1789/article/view/p/mid/3/id/70/
Xfone, Inc. offers a variety of telecom services in the southeast and midwest, serving up everything from broadband to cable television to long distance plans. And, it's a legitimate presence in its target markets, not to mention a legitimate threat to the likes of TWX and T in those select markets. On the other hand, with AT&T being a $166 billion company and Time Warner Inc. being a $33 billion outfit, how worried can either really be by this $11 million micro cap name?
It's all relative to investors though, since fewer XFN shareholders means fewer shareholders to split the profits with. And, that may be just around the corner.
....Last quarter was a big leap in that regard, but the best may be yet to come now that the company's got some momentum with its product/offer mix. In fact, it's still accelerating. Its new fiber-optic business grew 30% compared to last year's level at the time, and Q3's fiber business grew 12% in comparison to Q2's total. It's good money for XFN too - the fiber-optic proportion of revenue was the same proportion as EBITDA, meaning its not costing the company more to expand than it's benefiting it.
...Xfone, Inc. still isn't a real threat to the likes of AT&T Inc. or Time Warner Inc. But, if aggressive investors were looking to add a little pizzazz to their value-oriented telecom holdings, growth-oriented XFN would be a savvy way to do so. It's combined growth-through-acquisition to a well-executed organic-growth plan, and the numbers are starting to show it (triple-play revenue up 30% last quarter, and total fiber business up 12%)... with persistent profits not out of reach.
XFN - Some DD to ponder
From the CEO in latest Q3 conference call (link below)
"To give you a sense of the pace of subscriber rates, half of our growth over the past year came in the third quarter alone...."
http://seekingalpha.com/article/307992-xfone-s-ceo-discusses-q3-2011-results-earnings-call-transcript?source=yahoo
Q4 appears as though it will show substantial growth. The low $19M market cap is crazy, especially if you take into account the growth that's now happening (purchased a couple companies, completed roll out to a couple new cities). They have $6M+ in cash. Also note that XFN receives grants and low interest long term gov loans for much of their work. The idea behind the company is great, as they roll out high speed internet and other services to smaller towns that haven't seen it before (there are a lot of them). Once XFN has the fiber laid down, it's simply recurring revenues each month as people add the service on its route. They are essentially a small Comcast, providing cable, internet, phone, etc...and working hard to expand their market share. Insiders own 66% of shares.
"Average revenue per user at September 30, 2011, for residential FTTP customers was approximately $95 per month, with business FTTP customers at approximately $392 per month."
XFN 60%+ owned by insiders. I assume that was already pointed out, but noting it just in case.
XFN - From the CEO on the latest Q3 conference call:
"....we have sold to more than 30% of the [Littlefield] market in a very short period of time. To give you a sense of the pace of subscriber rates, half of our growth over the past year came in the third quarter alone...."
http://seekingalpha.com/article/307992-xfone-s-ceo-discusses-q3-2011-results-earnings-call-transcript?source=yahoo
IMO Q4 should show substantial growth. The current $19M market cap is way low even on current metrics...but after Q4 imo it will just plain look absurd. Also note that XFN receives grants and low interest long term gov loans for much of their work. The basis behind the company is great, as they roll out high speed internet and other services to smaller towns that haven't seen it before (there are a lot of them). Once XFN has the fiber laid down, it's simply recurring revenues each month as people add the service on its route.
"Average revenue per user at September 30, 2011, for residential FTTP customers was approximately $95 per month, with business FTTP customers at approximately $392 per month."
XFN - The 10,200 trade earlier was definitely a buy. It was actually me :). Just found the board recently...and have enjoyed it.
Virtra on cover of Military Technology Magazine...
http://virtra.com/news/virtra-systems-featured-in-military-technology-magazine.html
Click on the image to read the article/interview with Hinnant...