Friday, August 18, 2017 12:00:12 PM
Is now the time to load on UVND? Appears to be way undervalued here and the shaky hands are out and old mgmt are out. IMHO this could be the bottom.
The company went through a restructuring earlier this summer and the original founder Paul Neelin created an un-affiliated business in Canada called U-Vend Group of Companies. UVG signed master distributor and consultant contracts with U-Vend Inc in the US. Part of that agreement says that U-Vend Inc receives 10% of the revenue generated by UVG.
The revenue coming from UVG coupled with increasing revenue and growth here in the US makes this an interesting prospect. If the new CEO David Graber and the new board of directors can grow this company, the stock could be an easy 2-10x bagger from here IMO.
GLTA!
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