Look at COMV. Just went IPO, raised >$90 million and trades about a million shares a day in the $20 range. Company rakes in some serious revenues playing in NIHKs core markets but carried a huge net loss between '03 and '06 (averaged around $8 mil if i remember correctly).
Although they have signed on 500+ utilties, to my knowledge, COMV does not have contracts in place with Tier one players like Verizon and Daimler Chrysler that could lead to very lucrative deals down the road. NIHK does
One big contract could transform NIHK from a emerging penny stock to something totally different. Just a thought, but if they can shave of that debt, log a few mil in sales, and continue to attract high profile customers, this could become technically stronger than organizations such as COMV trading at significantly higher prices.
Not saying this is going to happend today or ever, but, I thought my idea warranted metnioning since COMV trades at $22 and NIHK far under $.22
Recent NIHK News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 05:18:21 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/13/2024 03:54:08 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 06:12:34 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 09/25/2023 09:23:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/25/2023 09:13:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 03:44:15 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 02:20:17 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 08/08/2023 09:17:08 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM