Watch SPCB $9.83 for strong upside ahead with this news posted on the SPCB message board:
04/13/2015 BY OCTASTAFF IN SEC 13G-13D FILLINGS
Lazarus Management Co Llc New Position in Supercom Ltd
Lazarus Management Co Llc has filled a SC 13G/A form regarding Supercom Ltd . Per Lazarus Management Co Llc’s filling, the filler now owns 10.6% of the company, holding 1,465,419 shares.
Supercom Ltd is a newly disclosed equity position and the filling was required due to activity on April 9, 2015. This most probably shows Lazarus Management Co Llc’s confidence and optimism in the future of the company.
Company Profile
SuperCom Ltd. is an Israel-based provider of traditional and digital identity solutions, providing advanced safety, identification, tracking and security products to governments and, private and public organizations. The Company provides cutting edge real-time positioning, tracking, monitoring and verification solutions enabled by its PureRF wireless hybrid suite of products and technologies, all connected to a web-based, secure, proprietary, interactive and user-friendly interface. The Company’s product depth and global presence was expanded significantly with its acquisition of the SmartID Division of On Track Innovations (OTI) in December 2013. The Company’s solutions reliably identify and track the movement of people and objects in real time, enabling its customers to detect unauthorized movement of vehicles as well as trace packages, containers and the access to premises by control personnel and vehicles.
Form 13G is used when the filer owns between 5% and 20% of the company and plans to hold it only as a passive investor. If the filler intend to exert control and if the stake’s size exceeds 20%, then a 13D must be filed. Therefore, activist investors and practices such as: hostile takeovers, company breakups, and other “change of control” events, are not permitted by 13G filers.
I haven't seen this news except posted on the SPCB board. DD for yourself.
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