MICT Inc (MICT)

[dave86]

The more and more DD I do on this ticker the more excited I get about it.

They have about 4 mil in cash and 14 mil in debt. The deal with DPW will put them at 9 mil cash with about 10 mil debt as they are covering up to 4 mil in debt from what im reading. this will make the company pretty much even as far as debt to cash ratio with about 22 mil in orders for their ELD. More orders to come I'm sure with the mandate so this is easily a 3-5 dollar stock IMHO. With the backlog continuing to grow as it is they should have plenty of hefty revenue quarters ahead. Good luck to everyone here and I'm very glad I added 3k more shares last week @ 1.14. I think the risk is pretty minimal here by far and if it does dip I will continue to add.