One more thing. It looks like they have been working on a cloud based software project for the last year (someone on another board sent an email to IR and got a response), so I expect a not so bad earnings report, with the good news being that they are diversifying into this other area. They will announce this new cloud software on March 9th. That will be great, as they could very well have partnered up with someone. In any event, this new endeavor will bring some sizzle to the already streamlined operations and nice balance sheet, and if it looks promising at all, we could really roll higher.
Worst case scenario IFON will still likely have as much net cash as the current market cap, even after this recent run up. You do not have to have a lot of imagination to envision this getting to a 20-30 million market cap very soon, and that is 1.50 to 2.00 per share, and you don't need anything except a promising product to get there. The phones pay the bills, even in the competitive environment. If this software product catches on it could be lights out....in a good way.
It will be almost impossible for those who have been following this, but have not loaded up as much as they want (if at all), to keep from buying now. There is a huge psychological factor that occurs when you start seeing a stock you like start moving up (if you didn't get as much as you wanted at lower prices). Panic sets in as you beg for it to go back down. This could get very interesting over the next three weeks with this tiny float. This could be the big move, just like a few years ago when it went from 50 cents to $4 in the blink of an eye. See ya.
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