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MDVX...buying opportunity and nice news.
News for 'MDVX' - (The Pre-Eminent NFL Voice for a Generation Pat Summerall to Launch Hard Hitting Sports Talk Radio Show with Modavox VoiceAmerica(TM) Sports Network Will Produce Groundbreaking Interactive Sports Talk Programming with Legendary Sports Commentator Pat Summerall)
PHOENIX, Jul 24, 2007 (BUSINESS WIRE) -- Modavox, Inc. (OTCBB:MDVX), Internet
broadcasting pioneer and holder of several patented technologies, today
announced it has reached an agreement with Pat Summerall to produce and deliver
a weekly hour long Internet sports talk radio show beginning September 5, 2007.
The program now in production will be broadcast on Modavox's VoiceAmerica(TM)
Sports Network, the emerging leader in Internet sports talk radio.
Jeff Spenard, President of Internet Radio for Modavox, stated, "It's truly an
honor for our entire organization to have this opportunity to work with Pat
Summerall. We have such a tremendous opportunity with Pat's new Internet Radio
Show to utilize our BoomBox Radio(R) platform and VoiceAmerica Sports network to
distribute world class sports talk content. This show is going to captivate our
listening audience like only Pat Summerall can."
"Licensing our patented BoomBox Radio(R) software, Pat Summerall's show will
have a value proposition for sponsors and advertisers that is vastly more
sophisticated, robust, and targeted than traditional Sports Talk Radio
offerings. Advertising management enabled by our platform allows ads to be
displayed differently based on the geographic locations of listeners," said
Nathaniel Bradley, Modavox Chief Technology & Product Officer.
Pat Summerall stated, "During the many years of broadcasting many events, I have
met many whom I would like to know more about. Our new show will give me the
opportunity to do this and let you, as the listener, be part of it. If I have an
opinion, and I always do, this will be my opportunity to share it with you.
Since this is all new, I can't wait."
About Pat Summerall
Pat Summerall played his pre-college football at the University of Arkansas,
where he was recognized as an All-State selection in football, as well as
basketball. He also earned varsity letters in both baseball and tennis.
Summerall played college football from 1949 to 1951 at the University of
Arkansas, where he played the defensive end, tight end, and place kicker
positions.
Summerall spent 10 years as a professional football player in the National
Football League, primarily as a placekicker. The Detroit Lions drafted Summerall
as a fourth-round draft choice in 1952. Summerall played the pre-season with the
Lions before breaking his arm, which ended the year for him. After that season,
he was traded and went on to play for the Chicago Cardinals from 1953 to 1957
and the New York Giants from 1958 to 1961. His best professional year
statistically was 1959, when Summerall scored 90 points on 30-for-30 (100%)
extra-point kicking and 20-for-29 (69%) field goal kicking.
Amazingly his broadcasting career was even more impressive, getting his start
with CBS Sports in 1960. Summerall also did sportscasts for the network's
flagship radio station, WCBS-AM. In 1969, Summerall took part in NBC's coverage
of Super Bowl III. During the 1970s, Summerall usually worked with Tom
Brookshier as his broadcasting partner for NFL (mostly NFC) games, and the
colorful Summerall-Brookshier duo worked three Super Bowls (X, XII, and XIV)
together. In 1981, Summerall was teamed with former Oakland Raiders coach John
Madden, a pairing that would last for 22 seasons on two networks and become one
of the most popular and acclaimed partnerships in TV sportscasting history.
Summerall's stature as the premier TV voice in pro football was a result of two
things: first, his ability to play the straight man alongside John Madden's
lively, verbose persona; second, his economic delivery that magnified the drama
of a moment while allowing the pictures to tell the story. One of Summerall's
most memorable on-air calls was his account of Marcus Allen's electrifying
touchdown run in Super Bowl XVIII. The transcript is surprisingly sparse:
"Touchdown, 75 yards!" That the quote is memorable is testament to the weight of
Summerall's baritone-like voice when he was at the height of his powers as an
NFL broadcaster.
Summerall also broadcast professional golf and tennis including the 30 Masters,
26 U.S. Open two French Open tournaments during his tenure at CBS, and was the
play-by-play announcer for the 1974 NBA Finals, CBS' first season broadcasting
the NBA.
Summerall continues to do voiceover work on CBS Masters broadcasts, and also
provides commentary for the Golden Tee golf video game.
In 1994, the FOX network surprised NFL fans by outbidding CBS for the NFC
broadcast package. One of the network's first moves was to hire Summerall and
Madden as its lead announcing team.
Summerall has broadcast 16 Super Bowls on network television with CBS and Fox,
more than any other announcer. He also contributed to 10 Super Bowl broadcasts
on CBS Radio.
News for 'MDVX' - (The Pre-Eminent NFL Voice for a Generation Pat Summerall to Launch Hard Hitting Sports Talk Radio Show with Modavox VoiceAmerica(TM) Sports Network Will Produce Groundbreaking Interactive Sports Talk Programming with Legendary Sports Commentator Pat Summerall)
PHOENIX, Jul 24, 2007 (BUSINESS WIRE) -- Modavox, Inc. (OTCBB:MDVX), Internet
broadcasting pioneer and holder of several patented technologies, today
announced it has reached an agreement with Pat Summerall to produce and deliver
a weekly hour long Internet sports talk radio show beginning September 5, 2007.
The program now in production will be broadcast on Modavox's VoiceAmerica(TM)
Sports Network, the emerging leader in Internet sports talk radio.
Jeff Spenard, President of Internet Radio for Modavox, stated, "It's truly an
honor for our entire organization to have this opportunity to work with Pat
Summerall. We have such a tremendous opportunity with Pat's new Internet Radio
Show to utilize our BoomBox Radio(R) platform and VoiceAmerica Sports network to
distribute world class sports talk content. This show is going to captivate our
listening audience like only Pat Summerall can."
"Licensing our patented BoomBox Radio(R) software, Pat Summerall's show will
have a value proposition for sponsors and advertisers that is vastly more
sophisticated, robust, and targeted than traditional Sports Talk Radio
offerings. Advertising management enabled by our platform allows ads to be
displayed differently based on the geographic locations of listeners," said
Nathaniel Bradley, Modavox Chief Technology & Product Officer.
Pat Summerall stated, "During the many years of broadcasting many events, I have
met many whom I would like to know more about. Our new show will give me the
opportunity to do this and let you, as the listener, be part of it. If I have an
opinion, and I always do, this will be my opportunity to share it with you.
Since this is all new, I can't wait."
About Pat Summerall
Pat Summerall played his pre-college football at the University of Arkansas,
where he was recognized as an All-State selection in football, as well as
basketball. He also earned varsity letters in both baseball and tennis.
Summerall played college football from 1949 to 1951 at the University of
Arkansas, where he played the defensive end, tight end, and place kicker
positions.
Summerall spent 10 years as a professional football player in the National
Football League, primarily as a placekicker. The Detroit Lions drafted Summerall
as a fourth-round draft choice in 1952. Summerall played the pre-season with the
Lions before breaking his arm, which ended the year for him. After that season,
he was traded and went on to play for the Chicago Cardinals from 1953 to 1957
and the New York Giants from 1958 to 1961. His best professional year
statistically was 1959, when Summerall scored 90 points on 30-for-30 (100%)
extra-point kicking and 20-for-29 (69%) field goal kicking.
Amazingly his broadcasting career was even more impressive, getting his start
with CBS Sports in 1960. Summerall also did sportscasts for the network's
flagship radio station, WCBS-AM. In 1969, Summerall took part in NBC's coverage
of Super Bowl III. During the 1970s, Summerall usually worked with Tom
Brookshier as his broadcasting partner for NFL (mostly NFC) games, and the
colorful Summerall-Brookshier duo worked three Super Bowls (X, XII, and XIV)
together. In 1981, Summerall was teamed with former Oakland Raiders coach John
Madden, a pairing that would last for 22 seasons on two networks and become one
of the most popular and acclaimed partnerships in TV sportscasting history.
Summerall's stature as the premier TV voice in pro football was a result of two
things: first, his ability to play the straight man alongside John Madden's
lively, verbose persona; second, his economic delivery that magnified the drama
of a moment while allowing the pictures to tell the story. One of Summerall's
most memorable on-air calls was his account of Marcus Allen's electrifying
touchdown run in Super Bowl XVIII. The transcript is surprisingly sparse:
"Touchdown, 75 yards!" That the quote is memorable is testament to the weight of
Summerall's baritone-like voice when he was at the height of his powers as an
NFL broadcaster.
Summerall also broadcast professional golf and tennis including the 30 Masters,
26 U.S. Open two French Open tournaments during his tenure at CBS, and was the
play-by-play announcer for the 1974 NBA Finals, CBS' first season broadcasting
the NBA.
Summerall continues to do voiceover work on CBS Masters broadcasts, and also
provides commentary for the Golden Tee golf video game.
In 1994, the FOX network surprised NFL fans by outbidding CBS for the NFC
broadcast package. One of the network's first moves was to hire Summerall and
Madden as its lead announcing team.
Summerall has broadcast 16 Super Bowls on network television with CBS and Fox,
more than any other announcer. He also contributed to 10 Super Bowl broadcasts
on CBS Radio.
Thanks Lor!
MDVX
The seven-month ascending triangle (bullish) continues to tighten. Meanwhile, a symmetrical triangle (also bullish) has been developing the past two months. In other words, the range is getting tighter, which means we could be getting close to the point of breakout. Both patterns indicate a strong move to the upside once the $1.90-$2.00 range is taken out. That $2.50 price target by the covering firm should easily be met, as I see the mid-to-high $2's as a possible upside target in the coming months.
SM
I hope they say little till they get moving on staking more claims in the area.
If the area is as prolific as we believe, let's get as much under our control before we let others in on our find.
SM
Interesting MDVX article published at SeekingAlpha
Modavox Inc. (MDVX.OB), Internet broadcasting pioneer and holder of several patented technologies, owns US Patent No. 6,594,691 and has received a continuation on that original patent from the USPTO which will result in an additional patent that will expand their accepted claims and protect their inventions through 2018. They have also received favorable indications from the USPTO on divisional patent filings that could yield, upon successful completion and acceptance of claims, additional patents being issued to the company. You may reference the company’s own recent release on this matter as well as a previous article recently published here at Seeking Alpha. I expect the end result may be that the company will own many as four separate patents collectively covering integral processes used widely by some off the Internet space's largest players in the Advertising and Streaming Media Delivery Market.
Modavox’s patents essentially cover a technology process and a software system that enables any networked delivered content to be customized based on end user criteria. In other words a student enrolled in say a University of Phoenix, (who they do business with) program at the Houston campus could login to their E-learning platform and receive video, audio, and other content that are specific to his or her field of study and campus location. That same environment could produce different tailored content for a student at a different campus and specific field of study. This technology invention has been used by Modavox in applications including:
· E-Learning Platform
· Private Internet Based Video and Audio Broadcasting Networks
· Advertising Platform
· Internet Radio Platform
· Enterprise Communications Platform
· Geo-Targeting
They have existing E-Learning clients including Merrill Lynch (MER), Allergan (AGN), and Genentech (DNA). Additionally, their advertising platform is utilized by the Arizona Republic’s leading site. Modavox also operates the leading Internet talk radio networks at Voice America and World Talk Radio with in excess of 5 million unique monthly visitors. The invention is proven in a diverse group of Internet applications all of which I believe have direct utility for use by companies like Google (GOOG), Yahoo (YHOO), eBay (EBAY), AOL (TWX) and others. You may also recall that Google bought YouTube for its 20 million unique visitors a month and I believe they paid close to $80 per unique visitor. Ironically, it’s targeted audiences that online advertisers are specifically seeking. Modavox’s Internet radio audience is highly targeted and perfect for advertisers seeking a specific niche audience they can monetize.
Additionally, I believe the company has identified through the completion of comprehensive infringement studies that many leading organizations have utilized their patented process within the online marketplace. The company recently announced it intends to protect its intellectual property through pursuing a patent enforcement strategy that includes potential licensing and infringement litigation. The company recently engaged the service of Fox Rothschild LLP and one of their partners Dr. Daniel F. Coughlin is leading the firm’s efforts. Coughlin, apparently played an integral role in a previous patent infringement case involving patents relating to the fax machine many years back. I understand that the successful defense of his client’s intellectual property resulted in the subsequent rolling up or licensing of much of the entire market resulting in a windfall for his client. I believe along with Dr. Coughlin that Modavox’s patents are both enforceable and highly valuable.
Besides patents and their respective values, the company’s fundamentals in themselves offer substantial opportunity. The company previously suggested they expect current year revenues to increase in excess of 100% to $7 million. Because of the company’s 70%-80% margins, it has sizeable earnings leverage which should result in nice earnings per share while many other comparables are not yet profitable. The company currently maintains no debt on their balance sheet and management and 5% holders appear to collectively own roughly 17-20 million of the approximate 35 million shares outstanding.
I do expect the company to be likely acquired as the space continues to see consolidation. I see any one of a multitude of multi-billion dollar companies like GOOG, Akamai (AKAM), Limelight Networks (LLNW), Apollo Group (APOL), EBAY, Microsoft (MSFT), and AOL as potential suitors. With the fierce competition between many of the players in the space, the acquisition of Modavox and their patented technology would provide a unique asset capable of being leveraged against competitors. With the company’s current mere $62 million market cap, anyone of them could write a couple hundred million dollar check with ease or simply issue a few million additional shares. They could immediately then turn around and go after other infringers including competitors for more than enough money to cover the nominal cost of the purchase of Modavox.
If for some reason the company decides to not sell out, on a longer term basis, I see the potential making of the next Akamai, ironically already a partner of theirs.
Disclosure: Author has a long position in MDVX.OB
MDVX 1-yr chart
Interesting MDVX article published at SeekingAlpha
Modavox Inc. (MDVX.OB), Internet broadcasting pioneer and holder of several patented technologies, owns US Patent No. 6,594,691 and has received a continuation on that original patent from the USPTO which will result in an additional patent that will expand their accepted claims and protect their inventions through 2018. They have also received favorable indications from the USPTO on divisional patent filings that could yield, upon successful completion and acceptance of claims, additional patents being issued to the company. You may reference the company’s own recent release on this matter as well as a previous article recently published here at Seeking Alpha. I expect the end result may be that the company will own many as four separate patents collectively covering integral processes used widely by some off the Internet space's largest players in the Advertising and Streaming Media Delivery Market.
Modavox’s patents essentially cover a technology process and a software system that enables any networked delivered content to be customized based on end user criteria. In other words a student enrolled in say a University of Phoenix, (who they do business with) program at the Houston campus could login to their E-learning platform and receive video, audio, and other content that are specific to his or her field of study and campus location. That same environment could produce different tailored content for a student at a different campus and specific field of study. This technology invention has been used by Modavox in applications including:
· E-Learning Platform
· Private Internet Based Video and Audio Broadcasting Networks
· Advertising Platform
· Internet Radio Platform
· Enterprise Communications Platform
· Geo-Targeting
They have existing E-Learning clients including Merrill Lynch (MER), Allergan (AGN), and Genentech (DNA). Additionally, their advertising platform is utilized by the Arizona Republic’s leading site. Modavox also operates the leading Internet talk radio networks at Voice America and World Talk Radio with in excess of 5 million unique monthly visitors. The invention is proven in a diverse group of Internet applications all of which I believe have direct utility for use by companies like Google (GOOG), Yahoo (YHOO), eBay (EBAY), AOL (TWX) and others. You may also recall that Google bought YouTube for its 20 million unique visitors a month and I believe they paid close to $80 per unique visitor. Ironically, it’s targeted audiences that online advertisers are specifically seeking. Modavox’s Internet radio audience is highly targeted and perfect for advertisers seeking a specific niche audience they can monetize.
Additionally, I believe the company has identified through the completion of comprehensive infringement studies that many leading organizations have utilized their patented process within the online marketplace. The company recently announced it intends to protect its intellectual property through pursuing a patent enforcement strategy that includes potential licensing and infringement litigation. The company recently engaged the service of Fox Rothschild LLP and one of their partners Dr. Daniel F. Coughlin is leading the firm’s efforts. Coughlin, apparently played an integral role in a previous patent infringement case involving patents relating to the fax machine many years back. I understand that the successful defense of his client’s intellectual property resulted in the subsequent rolling up or licensing of much of the entire market resulting in a windfall for his client. I believe along with Dr. Coughlin that Modavox’s patents are both enforceable and highly valuable.
Besides patents and their respective values, the company’s fundamentals in themselves offer substantial opportunity. The company previously suggested they expect current year revenues to increase in excess of 100% to $7 million. Because of the company’s 70%-80% margins, it has sizeable earnings leverage which should result in nice earnings per share while many other comparables are not yet profitable. The company currently maintains no debt on their balance sheet and management and 5% holders appear to collectively own roughly 17-20 million of the approximate 35 million shares outstanding.
I do expect the company to be likely acquired as the space continues to see consolidation. I see any one of a multitude of multi-billion dollar companies like GOOG, Akamai (AKAM), Limelight Networks (LLNW), Apollo Group (APOL), EBAY, Microsoft (MSFT), and AOL as potential suitors. With the fierce competition between many of the players in the space, the acquisition of Modavox and their patented technology would provide a unique asset capable of being leveraged against competitors. With the company’s current mere $62 million market cap, anyone of them could write a couple hundred million dollar check with ease or simply issue a few million additional shares. They could immediately then turn around and go after other infringers including competitors for more than enough money to cover the nominal cost of the purchase of Modavox.
If for some reason the company decides to not sell out, on a longer term basis, I see the potential making of the next Akamai, ironically already a partner of theirs.
Disclosure: Author has a long position in MDVX.OB
MDVX 1-yr chart
Thanks for posting Joe!
SM
Nice to see them add a tried and true industry veteran to their team.
Stock remains in a constructive trading range that I eventually expect it to migrate out of and upwards from to new highs.
SM
It remains seemingly clear that some are accumulating some large positions while someone else is selling them shares.
The net positive of this is obviously that shares are being transferred from weak hands to strong hands obviously looking for higher prices on their purchased shares.
Smart money will never pay more than they have to. They are content to methodically buy in all they can up to certain prices where they have found the sellers motivated to fill their orders. For the time being, it appears that point is around .19-.20.
When the supply is dried up, and it will be, I expect the shares to trade dicernably higher to a more equitable valuation based on the company's true real underlying value.
SM
AP
Chinese Economy Grew 11.9 Percent in 2Q
Thursday July 19, 12:52 am ET
By Joe Mcdonald, AP Business Writer
Chinese Economy Grew Sizzling 11.9 Percent in 2Q; Authorities to Take Steps to Cool Boom
BEIJING (AP) -- China's sizzling economy expanded by a stunning 11.9 percent in the second quarter from a year ago, the government said Thursday, and announced it would take new steps to cool the boom.
The figures put China on track for a fifth straight year of expansion above 10 percent and moved it closer to overtaking slower-growing Germany as the world's third-biggest economy.
Inflation grew 4.4 percent in June, its fastest rate in more than two years, and the economy also is under pressure from a swollen trade imbalance and high energy consumption, the National Statistics Bureau said.
The April-June growth exceeded analysts' forecasts and was a sharp increase over the 11.1 percent rate in the first quarter.
"The systemic and the structural problems that existed in economic performance are still outstanding," said Li Xiaochao, a statistics bureau spokesman, at a news conference.
It was unclear how long it has been since China's economy grew so fast during a single quarter. Beijing began revising historic growth figures in 2005 and has yet to issue detailed records. The last time annual economic growth exceeded 11.9 percent was 1994, when the economy grew 13.1 percent.
Communist leaders want to maintain fast growth to lift millions out of poverty but are trying to cool some industries, where they worry that a boom driven by exports and investment could accelerate inflation or a debt crisis should borrowers fail to repay loans. They have raised interest rates four times since April 2006 and imposed investment curbs on some industries.
"We will further enhance and improve macro control and put into practice various policies set by the central government," Li said. "And efforts will also be made to adjust the structure, change the pattern of economic growth and deepen reform which will lead to the realization of a sound and rapid growth of the national economy."
Li gave no indication whether Beijing was planning a new rate hike or what other measures were under consideration.
The 4.4 percent rise in consumer prices, lifted by a 7.6 percent jump in food prices, is well above the government's target inflation rate of 3 percent.
Chinese leaders are worried about the political impact of rising food prices, which hit the poor, populous countryside especially hard.
Chinese stocks appeared to show little response to the economic data, although trading was thin on expectations that economic tightening measures might be announced over the weekend. The main Shanghai Composite slipped 2.1 points, or 0.05 percent, to 3,927.96, while the key index in Shenzhen, the country's second, smaller market, gained 3.11 points, or 0.3 percent, to 1,083.06.
Last week, Beijing increased its estimate of last year's gross domestic product growth from 10.7 percent to 11.1 percent, bringing it closer to overtaking Germany as the world's third-biggest economy behind the United States and Japan.
Germany's 2006 output was about $2.9 trillion, with an annual growth rate of 2.5 percent. China's 2006 output was about $2.7 trillion. Germany has yet to report its April-June growth figures.
Li, the statistics bureau spokesman, said he could not confirm projections that China might overtake Germany this year.
"One thing is for sure. The difference between the two countries in GDP aggregate is narrowing down," he said.
Chinese incomes also rose sharply in the first half of the year, Li said. Those for city dwellers jumped 14.2 percent, while those for rural residents rose 13.3 percent.
Government efforts to reduce China's reliance on exports by boosting domestic consumer spending are starting to take effect, Li said.
China's soaring trade gap has strained relations with Washington and other trading partners, while taxing Beijing's ability to contain pressure for prices to rise as export revenues pour into the economy.
Investment in factories and other fixed assets soared by 25.9 percent in the first half, but that was down 3.9 percentage points from the year-earlier period, Li said.
Meanwhile, he said, consumer sales rose 15.4 percent, up 2.1 percentage points from the same period in 2006. Motor vehicle sales soared 36.7 percent.
Creede,
I know a sophisitcated broker or two looking for size in the shares currently. They are actively bidding the stock trying to methodically build sizeable positions at these price levels.
They are intelligent and longer term thinkers who are patient wanting the sellers of late to come to them. They are capable of putting away size and we won't see it flipped back out at .30 as they believe the upside to be substantial.
The shares are clearly currently being accumulated by some smart money which is exactly what we want.
SM
MDVX..Range is getting tighter
The seven-month ascending triangle (bullish) continues to tighten. Meanwhile, a symmetrical triangle (also bullish) has been developing the past two months. In other words, the range is getting tighter, which means we could be getting close to the point of breakout. Both patterns indicate a strong move to the upside once the $1.90-$2.00 range is taken out. That $2.50 price target by the covering firm should easily be met, as I see the mid-to-high $2's as a possible upside target in the coming months.
MDVX
Range is getting tighter
The seven-month ascending triangle (bullish) continues to tighten. Meanwhile, a symmetrical triangle (also bullish) has been developing the past two months. In other words, the range is getting tighter, which means we could be getting close to the point of breakout. Both patterns indicate a strong move to the upside once the $1.90-$2.00 range is taken out. That $2.50 price target by the covering firm should easily be met, as I see the mid-to-high $2's as a possible upside target in the coming months.
Range is getting tighter
The seven-month ascending triangle (bullish) continues to tighten. Meanwhile, a symmetrical triangle (also bullish) has been developing the past two months. In other words, the range is getting tighter, which means we could be getting close to the point of breakout. Both patterns indicate a strong move to the upside once the $1.90-$2.00 range is taken out. That $2.50 price target by the covering firm should easily be met, as I see the mid-to-high $2's as a possible upside target in the coming months.
Wasserman Morris analyst Kipley J. Lytel, CFA, initiated coverage of Modavox with a "Speculative Buy" rating. The report is available for review at http://www.pilotfcn.com/pdf/MDVX_wasserman_Report.pdf or www.wassermanmorris.com.
Kipley J. Lytel, CFA, is a Senior Partner with money management firm Montecito Capital Management and Chief Operating Officer of a publicly traded company focused on taking companies public and staying public with a compliance support platform. Mr. Lytel also provides investment services to several independent equity research companies. For over three years, Mr. Lytel served as the lead securities analyst for M.L. Stern & Company - a leading regional investment securities firm headquartered in Beverly Hills, with offices serving most major California markets & Nevada. Previously, he performed portfolio management and analyst coverage during his employment with two hedge funds.
His background has been marked by his experience as a technology sector analyst, coverage spanning various sectors: telecommunications & wireless, IT equipment/services, integrated systems, networks, etc. He received his Master of Business Administration (MBA) from the Peter F. Drucker School of Management at Claremont Graduate University, where he also received his undergraduate Bachelor of Arts (BA) degree in Economics. Mr. Lytel is a Chartered Financial Analyst (CFA) and an active member of the CFA Institute and the Los Angeles Society of Financial Analysts (LASFA). He has frequently served as a Senior Grader for CFA Institute's Examination and has been a Regional Expert for CFA Institute's advisory panel on investment management covering: institutional portfolio management, individual portfolio management, analysis of alternative investments, macro strategy formulation, and quantitative modeling applications. Mr. Lytel has been cited and/or published in Barons, Wall Street Journal, Financial Planning Magazine, Physicians Financial News, Forbes, Wealth Manager, among others.
Wasserman Morris analyst Kipley J. Lytel, CFA, initiated coverage of Modavox with a "Speculative Buy" rating. The report is available for review at http://www.pilotfcn.com/pdf/MDVX_wasserman_Report.pdf or www.wassermanmorris.com.
Kipley J. Lytel, CFA, is a Senior Partner with money management firm Montecito Capital Management and Chief Operating Officer of a publicly traded company focused on taking companies public and staying public with a compliance support platform. Mr. Lytel also provides investment services to several independent equity research companies. For over three years, Mr. Lytel served as the lead securities analyst for M.L. Stern & Company - a leading regional investment securities firm headquartered in Beverly Hills, with offices serving most major California markets & Nevada. Previously, he performed portfolio management and analyst coverage during his employment with two hedge funds.
His background has been marked by his experience as a technology sector analyst, coverage spanning various sectors: telecommunications & wireless, IT equipment/services, integrated systems, networks, etc. He received his Master of Business Administration (MBA) from the Peter F. Drucker School of Management at Claremont Graduate University, where he also received his undergraduate Bachelor of Arts (BA) degree in Economics. Mr. Lytel is a Chartered Financial Analyst (CFA) and an active member of the CFA Institute and the Los Angeles Society of Financial Analysts (LASFA). He has frequently served as a Senior Grader for CFA Institute's Examination and has been a Regional Expert for CFA Institute's advisory panel on investment management covering: institutional portfolio management, individual portfolio management, analysis of alternative investments, macro strategy formulation, and quantitative modeling applications. Mr. Lytel has been cited and/or published in Barons, Wall Street Journal, Financial Planning Magazine, Physicians Financial News, Forbes, Wealth Manager, among others.
Wasserman Morris analyst Kipley J. Lytel, CFA, initiated coverage of Modavox with a "Speculative Buy" rating. The report is available for review at http://www.pilotfcn.com/pdf/MDVX_wasserman_Report.pdf or www.wassermanmorris.com.
Kipley J. Lytel, CFA, is a Senior Partner with money management firm Montecito Capital Management and Chief Operating Officer of a publicly traded company focused on taking companies public and staying public with a compliance support platform. Mr. Lytel also provides investment services to several independent equity research companies. For over three years, Mr. Lytel served as the lead securities analyst for M.L. Stern & Company - a leading regional investment securities firm headquartered in Beverly Hills, with offices serving most major California markets & Nevada. Previously, he performed portfolio management and analyst coverage during his employment with two hedge funds.
His background has been marked by his experience as a technology sector analyst, coverage spanning various sectors: telecommunications & wireless, IT equipment/services, integrated systems, networks, etc. He received his Master of Business Administration (MBA) from the Peter F. Drucker School of Management at Claremont Graduate University, where he also received his undergraduate Bachelor of Arts (BA) degree in Economics. Mr. Lytel is a Chartered Financial Analyst (CFA) and an active member of the CFA Institute and the Los Angeles Society of Financial Analysts (LASFA). He has frequently served as a Senior Grader for CFA Institute's Examination and has been a Regional Expert for CFA Institute's advisory panel on investment management covering: institutional portfolio management, individual portfolio management, analysis of alternative investments, macro strategy formulation, and quantitative modeling applications. Mr. Lytel has been cited and/or published in Barons, Wall Street Journal, Financial Planning Magazine, Physicians Financial News, Forbes, Wealth Manager, among others.
Wasserman Morris analyst Kipley J. Lytel, CFA, initiated coverage of Modavox with a "Speculative Buy" rating. The report is available for review at http://www.pilotfcn.com/pdf/MDVX_wasserman_Report.pdf or www.wassermanmorris.com.
Kipley J. Lytel, CFA, is a Senior Partner with money management firm Montecito Capital Management and Chief Operating Officer of a publicly traded company focused on taking companies public and staying public with a compliance support platform. Mr. Lytel also provides investment services to several independent equity research companies. For over three years, Mr. Lytel served as the lead securities analyst for M.L. Stern & Company - a leading regional investment securities firm headquartered in Beverly Hills, with offices serving most major California markets & Nevada. Previously, he performed portfolio management and analyst coverage during his employment with two hedge funds.
His background has been marked by his experience as a technology sector analyst, coverage spanning various sectors: telecommunications & wireless, IT equipment/services, integrated systems, networks, etc. He received his Master of Business Administration (MBA) from the Peter F. Drucker School of Management at Claremont Graduate University, where he also received his undergraduate Bachelor of Arts (BA) degree in Economics. Mr. Lytel is a Chartered Financial Analyst (CFA) and an active member of the CFA Institute and the Los Angeles Society of Financial Analysts (LASFA). He has frequently served as a Senior Grader for CFA Institute's Examination and has been a Regional Expert for CFA Institute's advisory panel on investment management covering: institutional portfolio management, individual portfolio management, analysis of alternative investments, macro strategy formulation, and quantitative modeling applications. Mr. Lytel has been cited and/or published in Barons, Wall Street Journal, Financial Planning Magazine, Physicians Financial News, Forbes, Wealth Manager, among others.
MDVX chart continues to trace out bullish ascending triangle formation. Looking for breakout to new multi-year highs. Note the strong accumulation and very positive money flow.
SM
MDVX chart continues to trace out bullish ascending triangle formation. Looking for breakout to new multi-year highs. Note the strong accumulation and very positive money flow.
SM
MDVX chart continues to trace out bullish ascending triangle formation. Looking for breakout to new multi-year highs. Note the strong accumulation and very positive money flow.
SM
MDVX chart continues to trace out bullish ascending triangle formation. Looking for breakout to new multi-year highs. Note the strong accumulation and very positive money flow.
SM
MDVX chart setting up nicely in bullish ascending triangle formation with money flow and accumulation/distribution ratings clearly telling exactly what smart money is doing here. Looking for a break of $2.05 and for new multi-year highs to be established.
SM
MDVX chart setting up nicely in bullish ascending triangle formation with money flow and accumaulation/distribution ratings clearly telling exactly what smart money is doing here. Lookin for a break of $2.05 and for new multi-year highs to be established.
SM
MDVX chart setting up nicely in bullish ascending triangle formation with money flow and accumaulation/distribution ratings clearly telling exactly what smart money is doing here. Lookin for a break of $2.05 and for new multi-year highs to be established.
SM
MDVX chart setting up nicely in bullish ascending triangle formation with money flow and accumaulation/distribution ratings clearly telling exactly what smart money is doing here. Lookin for a break of $2.05 and for new multi-year highs to be established.
SM
Chart setting up nicely in bullish ascending triangle formation with money flow and accumaulation/distribution ratings clearly telling exactly what smart money is doing here. Lookin for a break of $2.05 and for new multi-year highs to be established.
SM
I gotcha!
I now understand your logic which appears sound as always.
Best
SM
I honestly don't want anyone running the shares at all.
I would like to see continued methodical accumulation by those who understand the value here not currently being represented by the share price.
I'd like to see the company consider a reverse split at the right point thus cleaning up a somewhat convoluted share structure.
Let's say they did that and the result was say 35M shares out, the float would literally only be a million or two shares or so and the company then could be capable of generating pretty substantial eps deserving of higher valuations.
I think they could then earn as much as a dime in eps based on approximately 3 million in net income this year and trade on a real exchange like Amex or Nasdaq small cap at a value in excess of $2.50-$3 based on an equitable pe.
Real company with real marquete brands with a real capital structure with real earnings leverage on a real exchange. Sounds like a plan to consider imo.
SM
Nice day with the motivated sellers apparently having sold out the balances of their positions, it didn't take much for the shares to migrate higher to a little more equitable valuation.
SM
Buyers appear fairly sophisticated and methodical. I'd rather have some real professional investors buy the shares down here than quick money looking for a flip.
This is a very real and profitable company with excellent management and marquete brands as you know. Suffice to say, it's deserving of a more appropriate valuation.
SM
So far so good. I'm surprised how little shares were available sub .15.
I believe that to be indicative of the simple fact the shares have absolutely no business being at these depressed levels.
SM
Creede,
I'm looking for a lift in the shares near term.
Best to you my friend!
SM
MDVX shares are looking healthy at the HOD on way above average volume.
Nice long forming ascending triangle formation being mapped out. An eventual move through previous multi-year highs in the $2.05 range should lead to an explosive move to new highs.
SM
MDVX shares are looking healthy at the HOD on way above average volume.
Nice long forming ascending triangle formation being mapped out. An eventual move through previous multi-year highs in the $2.05 range should lead to an explosive move to new highs.
SM
MDVX shares are looking healthy at the HOD on way above average volume.
Nice long forming ascending triangle formation being mapped out. An eventual move through previous multi-year highs in the $2.05 range should lead to an explosive move to new highs.
SM
MDVX shares are looking healthy at the HOD on way above average volume.
Nice long forming ascending triangle formation being mapped out. An eventual move through previous multi-year highs in the $2.05 range should lead to an explosive move to new highs.
SM
Regarding MDVX in light of LOCM's recent interest on their patent.
MDVX has long been one of my top ideas and picks believing it could follow directly in the footsteps of its partner Akamai.
As noted before, they are already profitable, no debt, high insider ownership and have huge earnings leverage because of their high margins. They should earn a dime this year in eps which makes the shares cheap solely based on simple fundamentals. LOCM is still losing money as we speak.
Modavox's patents are far more valuable than LOCM's and I am confident having researched them that they are being infringed on likely by Google, YouTube, Yahoo, AOL and Ebay amongst a host of other smaller players. For this reason, I don't expect the company to be around in 6-12 months as someone simply acquires them at a multiple of their current price.
I've said it before and clearly their top notch legal team and lead council agrees, since they took up their cause on a 100% contingency basis, they are sitting on som IP that is "extremely" valuable.
I currently maintain a $5 year end target but that could prove conservative if investors really become aware of what they have and the true value of the company which I believe to be in excess of at least $10 a share.
I figure the true float to be no more than 2 million shares in light of institutional accumulation, insider ownership and three entity's that have already acquired in excess of 5% of the company's stock.
This one is a big story in the making imo. Despite its nice gains since my original mention here and other places at .50, I think it's just about to make new highs and find some real professional money sponsorship and recognition.
I am expecting the shares to trade through the 2.05 price level in the short term breaking out of a multi-month base having experienced serious accumulation and money flow which should result in the shares quickly trading upwards of $3 in the near term.
SM
Regarding MDVX in light of LOCM's recent interest on their patent.
MDVX has long been one of my top ideas and picks believing it could follow directly in the footsteps of its partner Akamai.
As noted before, they are already profitable, no debt, high insider ownership and have huge earnings leverage because of their high margins. They should earn a dime this year in eps which makes the shares cheap solely based on simple fundamentals. LOCM is still losing money as we speak.
Modavox's patents are far more valuable than LOCM's and I am confident having researched them that they are being infringed on likely by Google, YouTube, Yahoo, AOL and Ebay amongst a host of other smaller players. For this reason, I don't expect the company to be around in 6-12 months as someone simply acquires them at a multiple of their current price.
I've said it before and clearly their top notch legal team and lead council agrees, since they took up their cause on a 100% contingency basis, they are sitting on som IP that is "extremely" valuable.
I currently maintain a $5 year end target but that could prove conservative if investors really become aware of what they have and the true value of the company which I believe to be in excess of at least $10 a share.
I figure the true float to be no more than 2 million shares in light of institutional accumulation, insider ownership and three entity's that have already acquired in excess of 5% of the company's stock.
This one is a big story in the making imo. Despite its nice gains since my original mention here and other places at .50, I think it's just about to make new highs and find some real professional money sponsorship and recognition.
I am expecting the shares to trade through the 2.05 price level in the short term breaking out of a multi-month base having experienced serious accumulation and money flow which should result in the shares quickly trading upwards of $3 in the near term.
SM
Regarding MDVX in light of LOCM's recent interest on their patent.
MDVX has long been one of my top ideas and picks believing it could follow directly in the footsteps of its partner Akamai.
As noted before, they are already profitable, no debt, high insider ownership and have huge earnings leverage because of their high margins. They should earn a dime this year in eps which makes the shares cheap solely based on simple fundamentals. LOCM is still losing money as we speak.
Modavox's patents are far more valuable than LOCM's and I am confident having researched them that they are being infringed on likely by Google, YouTube, Yahoo, AOL and Ebay amongst a host of other smaller players. For this reason, I don't expect the company to be around in 6-12 months as someone simply acquires them at a multiple of their current price.
I've said it before and clearly their top notch legal team and lead council agrees, since they took up their cause on a 100% contingency basis, they are sitting on som IP that is "extremely" valuable.
I currently maintain a $5 year end target but that could prove conservative if investors really become aware of what they have and the true value of the company which I believe to be in excess of at least $10 a share.
I figure the true float to be no more than 2 million shares in light of institutional accumulation, insider ownership and three entity's that have already acquired in excess of 5% of the company's stock.
This one is a big story in the making imo. Despite its nice gains since my original mention here and other places at .50, I think it's just about to make new highs and find some real professional money sponsorship and recognition.
I am expecting the shares to trade through the 2.05 price level in the short term breaking out of a multi-month base having experienced serious accumulation and money flow which should result in the shares quickly trading upwards of $3 in the near term.
SM