NEWBIES BOARD

[Bruce the Stock Guy]

$FTWS..This one could be a zip code changer IMO>>>>>> Flitways Technology, Inc. (OTC Pink: FTWS), 310% Growth, Acquisition Candidate for Uber or Lyft

Source: InvestorsHub NewsWire
Flitways Technology, Inc. (OTC Pink: FTWS), 310% Growth, Acquisition Candidate for Uber or Lyft

Miami, FL-(InvestorsHub NewsWire June 27, 2017) EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Flitways Technology, Inc. (OTC Pink: FTWS).

FTWS may not be at these levels much longer.

See the Full Press Release and other stories on Flitways Technology, Inc. (OTC Pink: FTWS) at EmergingGrowth.com

http://emerginggrowth.com/?s=ftws

Flitways Technology, Inc. (OTC Pink: FTWS), has working relationships with some of the worlds most recognizable companies, including Pokemon, Amazon.com, Inc. (NASDAQ: AMZN), Samsung Electronics Co., Ltd. (OTC Pink: SSNLF), Xerox Corp (NYSE: XRX), Rolls Royce, and more.

As of June 2017, Flitways maintains operations across more than 170 cities, 400 airports, and manages a fleet of nearly 20,000 vehicles worldwide. Furthermore, management expects to expand operations to an additional 70-100 cities by the end of 2017.

Flitways is a Los Angeles, California-based travel technology and services company which focuses on two large and under-served markets and has two important and valuable assets. Flitways business segments are: (i) a novel solution for enterprises looking to create a more seamless, easy to view, and cost-saving ground transportation solution for its employees; and (ii) a robust global network of car services and drivers that provides a source of additional (ancillary) revenue and integrated booking and itineraries for travel providers (e.g., airlines) and travel distributors (e.g., Kayak)

Flitways services are delivered through a fully integrated and customizable enterprise software suite, which allows any business to easily manage its ground transportation needs through both its administrator website and simple to use IOS and android apps.

https://itunes.apple.com/us/app/flitways-prev.-oncabs/id1032232376?mt=8

https://play.google.com/store/apps/details?id=com.mobile.taxibooking.ui

One of the first concerns that some may have is whether Flitways will be in direct competition with Uber and Lyft.

The right question to ask oneself is, will it be Uber or Lyft that acquires Flitways in order to round out their ecosphere and technology base.

Uber and Lyft provide taxi-like service primarily to the consumer market, but also are commonly used by business travelers. Although these two companies have rolled out varying classes of vehicles that can provide rides to even high-end and business markets, they do not provide billing, compliance, third party dispatch management, or seamless itinerary services that are the core of Flitways offering

As of June 2017, Flitways has a market cap of only $2.34 million. The travel technology company has 150 million authorized shares, 58.53 million shares outstanding, and a float consisting of only 15 million shares as of May 2017. During the first quarter 2017, the company reported total revenue of $203,000 (equating to sales growth of 230% compared to the first quarter 2016).

FTWS may not be at these levels much longer.

See the Full Press Release and other stories on Flitways Technology, Inc. (OTC Pink: FTWS) at EmergingGrowth.com

http://emerginggrowth.com/?s=ftws