remember IFON has 9.7 million float, 14 million o/s.. share structure is lowest in the smart phone industry.. currently market cap of the company 63 million dollars even not 100 million dollars.. their rivals.. Apple, Blackberry, Nokia, Motorola,...
this company's market cap should be at least 700 million dollars.. that means 50 dollars per share.. The company is growing well..
The future of smart phone's trend is unlocked phones, IFON selling unlocked products .. Apple, blacberry and most of other smart phone companies selling locked phones.. Recent research shows that the more people using unlocked phones all over the world..
The company has NO DEBT
Profitability increases
Sales increases each quarter
North America is the biggest consuming market. so they have new and biggest distributor ingram micro..
ANOTHER THING:
IMO, Twitter, Facebook and Yahoo need a smart phone company.
IFON is the best takeover candidate
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