InvestorsHub Logo
Followers 61
Posts 4848
Boards Moderated 0
Alias Born 12/22/2015

Re: Mfbosox post# 4055

Wednesday, 03/22/2017 8:02:15 PM

Wednesday, March 22, 2017 8:02:15 PM

Post# of 24221
Yes, from what I can see there is a great market for their product. They also seem to be well positioned to capture a good percentage of market share. Management is experienced with over 15+ years in the industry.

From RedChip Factsheet

Recurring revenue from Software as a service(Saas)-based business model; serving large, unmet market need
* 70% average gross margins
* $80+ billion addressable global market today; forecasted to reach $150+ billion by 2020
* $400 million “obtainable” market in North America

http://www.redchip.com/assets/reports/APHD_FactSheet_20170307.html

$APHD

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.