MICT Inc (MICT)

[ash111]

That's a brilliant transactions deal. BNN Technology Buys 14.89% Stake in Micronet Enertec ( at least at $1.65/sh), Plans to Eventually Own 50.1% or More w/ a possible Merger. Cash per share alone post this transaction alone includes current cash post the sale of Enertec is above $2/sh. The profit margin is accelerating these days due to elimination if debt which already took place. This company entering the big league in a massive way. Plan is to increase cash thru inst investors by $26m-$36m vs $10m current MC. MICT will no doubt going to see $5/sh and north