Gawkers: The plan is for a massive
reduction in shares. Do not let that be a subject of your concern. The difficulty is waiting for the SEC filings to be completed. When that is done, we will have a fully reporting company, on the cusp of profitability, involved in the most attractive IT industry.
They have plans to spend their profits in 2018 for new hires, advanced features to their cloud computing biz, and acquisitions.
There is an important element to their recent statement. It is the term organic growth. That means they have no need for any more dilution by selling shares.
That is something the Street loves.
Read the BOLD statement over and over until you realize what a phenomenal investment opportunity this is.
"We are working with our auditors to obtain fully reporting status with the SEC, which we will do shortly, followed by our business plan of acquisitions and organic growth," said Kettle.
"The increase in revenue is related to natural growth and the business combination of our previous acquisitions. We look to purchase businesses that have market share and complimentary assets, including cash flow, through which we acquire advanced systems and infrastructure. We also enlarge our management team and employee base with talented, experienced, well-trained professionals, while continuing to provide a strong platform for further acquisitions."
GAWK is pursuing a three-tiered growth strategy: developing specialized solutions for key vertical markets, targeting cloud services companies for acquisition, and accelerating organic growth.
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