Replies to post #57 on Data Fortress Systems Group Ltd. (fka DFGRF)

[grizzums]

Here is a few reasons why they like the acquisition...and it seems to make sense to me...

Data Fortress provides a suite of services such as high-speed networking, data warehousing, data security, metropolitan area networks, Internet connectivity, remote data storage, streaming servers, co-location and managed services to a range of clients. Data Fortress owns a redundant 3.2-kilometer fiber optic ring in the financial district of downtown Vancouver which passes 280 high-density buildings with over 14,000 businesses in its footprint. With the acquisition, 3P Networks will have its own downtown fiber optic data loop which will provide a significant competitive advantage and creates immediate ancillary business opportunities for the Company and position 3P Networks to become a market leader in providing Voice, Data, Video and other Network Services.

The Data Fortress Group provides a suite of services such as;
1. Co-location
2. Managed Services
3. Video Streaming (through its wholly owned subsidiary IPFlix Inc.)
4. Web and Database Services
5. Data and Network Security
6. Internet connectivity (Bandwidth)
7. Video Streaming and IPTV Services
8. Metropolitan Area Networks (MAN)


Dr. John Tydeman, Chairman of 3P Network said, "we are extremely pleased with the acquisition of a controlling interest in the Data Fortress Group and we look forward to working with Michael Chong and his team to accelerate the growth of the companies business plan. Our immediate plan is to incorporate DFG's IPFlix IPTV technology into our triple play (Voice, Video and Data) for Multi Unit Dwellings (MDU's)."

http://www.marketwire.com/mw/release_html_b1?release_id=173460

[makesumgravy]

griz, just reading about this stuff on the surface sounds terrific. I'm curious about the problems encountered financially. You would think they would be on top of their game. Not knowing the companies history, did they create all this or buy into it?

Think its worth a buy-in considering todays run or would you wait to see how tomorrow pans out?

Wish I could contribute but I'm just now learning of the company. The make up of it sounds interesting. Doesn't always lead to profit or shareholder value but interesting.

I discovered on this year that I thought would be superhot, great Ceo and great product. No pumping by the company but kept shareholders informed and fell by the wayside.