The conference call is a little lengthy, but worth listening to.
Here is some DD I've found on the company, as well as some highlights from the conference call.
Market Value: $16,054,419 a/o Nov 15, 2010
Shares Outstanding: 23,267,274 a/o Aug 11, 2010
Since then, DCMT has bought back a little less than 1,700,000 shares "so far".
NYSE: NCR, a large reseller of Docucap products, purchased $4,000,000 in DCMT’s shares and has the right to purchase more within, I think it was the next 18 months.
DCMT has the right to use NCR’s sales force which consists of 3,000 sales employees.
Profits up 28% compared to the first 3 quarters from last year and currently have about $6,000,000 in cash.
With only 4 board marks, I don't know how quickly this stock is going to soar, but the conference call also stated that NCR bought their shares at $1.04, so I think we got in at a very good time.
I haven't had a chance to call the T/A yet, does anyone know what the float is?
