$3 Here you go FSNN MUST READ - $3 Market Alert:
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FSNN MUST READ - $3
Market Alert: RAY DIRKS RESEARCH update (FSNN) Sept 4, 2013 by Ray Dirks
Fusion Telecommunications International, Inc (FSNN) - Follow-Up Article by RAYDIRKS Research and his Team of Securities Analysts and Money Managers – on the internationally followed Web Sites – www.CorporateProfile.com and www.CPreports.com.
Fusion just filed a Form 8 – K in Washington DC wherein the company disclosed that Fusion has entered into a Material Definitive Agreement for its newly formed subsidiary to acquire the Cloud Service Business of BroadvaxGo! LLC and Cypress Communications, LLC, for a net purchase price of $32.1 Million. The acquired business currently provides a Suite of Cloud Communication Business Services to approximately 5,800 small, medium, and large-sized companies in the legal profession in the United States.
The acquired business generated revenues of approximately $30.9 Million in 2012, over 90% of which is monthly recurring. The acquired business is achieving annualized earnings before interest, taxes, depreciation and amortization – or EBITDA – of about $6 Million.
The closing of this transaction will be no later than November 15. Bank financing for 50% or so of the net purchase price has been arranged, and Fusion’s management plans to raise between $15 and $25 Million before the end of October to pay for the balance of the purchase price and provide additional working capital.
Fusion delivers a comprehensive suite of Cloud Communications Business Services nationally to over 3,500 small, medium, and large Business Service Customers, focusing primarily on the enormous and rapidly-growing Healthcare industry – hospitals, out-patient clinics, doctor’s offices, health information exchanges, and other health care providers that require a huge amount of secured data storage, NSA-certified data storage, cloud security, cloud computing, and optimal cloud communications.
Fusion is a public company whose stock (FSNN) trades at only $0.11 per share on the Bulletin Board . In the opinion of RAYDIRKS Research, Fusion is under-followed, under-appreciated, and under-valued by Wall Street. I believe the FSNN stock should trade at $2.00 to $3.00 reflecting its current and rapidly -growing Revenues and its current and rapidly-increasing Gross Profits and EBITDA – all of which have been built by its highly successful and very experienced Management Team.
For more info on Fusion go to my update August 22, 2013: http://www.cpreports.com/2013/08/22/market-al...ray-dirks/
After reading this update on Fusion, we believe our Readers/Investors will want to get all the information that is publicly available on FSNN. Ray Dirks and his team suggest that you visit www.yahoofinance.com – and also Fusion’s Web Site – www.fusiontel.com to learn all you can about FSNN.
RAYDIRKS Research suggests that Readers/Investors place no more than 1% of the funds the y devote to common stocks in any one security. It’s best to diversify. !
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