If IFON hits 5-10 dollars this year it will not be surprised for me. READ THIS!!
IFON CEO Ram: Our focus going forward is to work aggressively to increase sales, and to improve our gross margins by centering our efforts on more profitable accounts.
In addition, we are working to drive down operating expenses by 20% in the fourth quarter compared to the third quarter to reduce our breakeven point, a task that was aided by the resolution in September of all our outstanding patent litigation.
Regarding our product offerings, over the last year we have been in development of a software platform that will support a suite of services and cloud-based solutions that we hope to launch in the second quarter of 2017.
FNMA/FMCC investors on ihub board: Do you know I was posting alone on FNMA/FMCC board when they were trading around 30 cents. I was right at that time whoever got at that price made good money last a few years with swing trading.
Right now there is another stock that has good potential this year. It is trading on the NASDAQ board. The ticker is IFON. They just posted Q4 result. The company posted NET PROFIT. It has NO debt. O/s 14.3 million. CEO holds 29% of shares. They are in the business 21 years. They sell their products in 27 countries. Unlocked smart phones and tablets. Their annual sales about 40 million dollars. They have 10.3 million dollars working capital. They have 2.2 million dollars cash. Share price 58 cents. In 2014, they posted net profit and stock rocked from 40 cents to 4.67 dollars within 2 months. Expecting the same run this year.
tob999, NVTQF is the one of the my stocks for 2018. I want you to be a mod and if you like load as well..
It is the most undervalued blockchain stock. why NVTQF:
1) 2018 will be the year of blockchain stocks. NVTQF is the most promising one because of shares structure. It has about 35 million outstanding shares and CEO holds 45.9% of them.