Tuesday, November 14, 2017 2:20:57 PM
The company's CEO has a very successful track record in startups. From the company's website we learn:
Robert Legg has 20 years of Security and Infrastructure experience with a track record of taking companies from startup to multi million dollar revenue producers and leveraging for high return on investment. His companies have been recognized nationally by Inc. Magazine and the San Francisco Business Journal Annually as one of the Years Fastest Growing Companies. His project experience is $1.5 Billion in cumulative value.
That's a very impressive CEO and with SODE only trading publicly for about a year he's already secured some significant contracts. Here's some recent headlines:
"Social Detention Inc. Completes Mt. Diablo Unified School District Project"
"Social Detention Inc., SODE, Awarded $194,300.00 Contract"
"Social Detention Inc. (SODE) Receives Contract for Bullet Resistant Security Glazing at a California CDCR Facility"
"Social Detention Inc. Completes California Highway Patrol Project"
Those are some impressive contracts. SODE is no junk stock, my friends. There is no way the company would misrepresent deals related to the California government and police. This is as real as it gets in penny land, people.
SODE has another quarterly report due out any day for the period ending September 30th which should reflect a strong revenue increase. Once that filing hits I believe traders seeking secure value plays will be buying SODE up.
With just over 167 million shares outstanding trading in the .05 range this under the radar company could fly in excess of .50 when the market catches on. Revenue generating companies with under 200mm O/S just don't trade under .10 or even .20 for very long.
SODE is one that should be considered immediately as well as in the longer term. With the company already establishing a successful track record of government contracts and the current Presidential administration touting plans of a $1 trillion dollar infrastructure bill, SODE could be well positioned to capitalize huge into the future.
The company is already looking forward. From their previous quarterly reports we learn:
"The goal in the next year is to acquire 3-5 smaller entities that are generating between $1-5M in revenue a year today, and to be able to secure over $15M in contracts for each in the coming 12 months."
Government contracts are as good as gold. It doesn't get any more secure than that my friends. SODE is clearly way undervalued and once publications like Seeking Alpha start posting their filings and taking notice this company could explode. This is one company I believe everyone should have a position in.
You can learn more about SODE here: https://sodetention.com/
All the best, CPS
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