$XDSL (mPhase Technologies) News OUT! before close
Post# of 94143
Good Idea to put XDSL on your radar as it prepares to lift off!
Some serious breakthroughs here with XDSL! Anyone who doesn't pick up some XDSL is going to miss out on one of the best stocks under a penny, the Nano Battery producing revenues, solidifies expectations here!
mPhase Technologies Revenues Grow in Fiscal Year 2014
Introduction of Jumpstarter product line provides growth in revenues
AST RUTHERFORD, N.J.--(BUSINESS WIRE)—5/27/2014
mPhase Technologies, Inc. (XDSL) (http://mphasetech.com/), announced today that Revenues from its mPower JumpIt and Mini JumpIt product line exceed prior year’s revenues. mPhase Technologies, Inc. stated today that its revenues for the quarter ended March 31, 2014 and Year-to-Date revenues for Fiscal Year 2014 have increased significantly over total revenues for Fiscal Years 2013 and 2012.
For the quarter ended March 31, 2014 revenues jumped to $255,113 from $53,653 in the quarter ended December 31, 2013. In addition, year-to-date revenues for fiscal year 2014 have increased to $308,767 from $4,084 in fiscal year ended June 30, 2013 and $1,502 for the fiscal year ended June 30, 2012.
The Company believes that the growth in revenues is the first sign that it is gaining traction in the U.S. consumer market for battery jumpstarter products. The mass market is vast, crossing many target markets. These include automotive, marine and spanning into consumer electronics. The Company is seeking to further penetrate these markets with their existing jumpstarter products and continue to add to the line with additional products that provide varying capabilities and applications.
Contact:
mPhase Technologies, Inc.: Danielle LaSalle, 973-256-3737
dlasalle@mPhasetech.com
Understanding XDSL
In the context of the press release Quote: "..revenues for fiscal year 2014 have increased to $308,767 from $4,084 in fiscal year ended June 30, 2013 and $1,502 for the fiscal year ended June 30, 2012.”
XDSL is showing unparalleled transparency and with more news due, this stock’s a steal at current levels, highly under value.
About mPhase Technologies, Inc.
mPhase Technologies Inc. (XDSL), a 2013 Frost and Sullivan recipient for the North American Advanced Battery Technology Innovation Award. mPhase Technologies is a publicly traded company (XDSL) that is pioneering a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery, still in development.
For more information on XDSL please visit: http://www.mPhaseTech.com
You heard it here first! .001 PPS WHEN POSTED!!! Heading MUCH HIGHER , imo!
One can come to the conclusion, as it's public knowledge gathered in the latest press release, that XDSL solidified it's GAME CHANGING revenues and more announcements on the way soon!
GLTA, JJ!
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