Looking for a sub-penny play? Perhaps something w
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Posted On: 11/20/2015 11:44:39 AM
Looking for a sub-penny play? Perhaps something with huge up-side potential with a low up-front cost of entry? I suggest looking at COWI.
COWI CoroWare Technologies comprises three separately managed lines of business:
Microsoft Consulting Group IT and lab management; software architecture, design and development; content delivery; business analytics; partner and program management.
Robotics and Automation Custom engineering such as visualization, simulation and software development; and mobile robot platforms for university, government and corporate researchers.
Products include CoroBots for academic and research robotics; CoroSeCur security robotics and CoroSOARR search operations and rescue robotics.
Business Solutions Group CoroCall high definition video conferencing products, solutions and subscription services; CoroSecure cyber security for enterprise and cloud applications; CoroCloud managed IT solutions; CoroIntegration providing IT integration services.
CoroWare continues to expand its range of communications and automation products and services. With customers and partners around the world, CoroWare has development centers in the United States and Latin America.
COWI is currently at .0001 which satisfies the low cost of entry requirement.
Additional details: 13 billion A/S (huge) with 8.4 billion currently in the float. Typically, this share structure would make me wary. However, the board just approved a $500,000 share buy-back program which has not yet started. In my opinion, this share buy-back program is the real enticement. At .0001, $500,000 would buy back every single share in the authorized with money left over. So the company must expect the share price to soar.
COWI only has about $26,000 in cash according to its latest financial report which just came out. However, they also report pending revenue of some $200,000 dollars from recent deals, and suggest that this is just the beginning.
There are no guarantees folks, but this company might be one to watch. If nothing else, a small position of just a few million shares could yield a high profit once the buy-back program begins. The intriguing thing about this company is the possibility of a major deal or two with huge revenue potential combined with a major share buy-back program. WOW!
COWI CoroWare Technologies comprises three separately managed lines of business:
Microsoft Consulting Group IT and lab management; software architecture, design and development; content delivery; business analytics; partner and program management.
Robotics and Automation Custom engineering such as visualization, simulation and software development; and mobile robot platforms for university, government and corporate researchers.
Products include CoroBots for academic and research robotics; CoroSeCur security robotics and CoroSOARR search operations and rescue robotics.
Business Solutions Group CoroCall high definition video conferencing products, solutions and subscription services; CoroSecure cyber security for enterprise and cloud applications; CoroCloud managed IT solutions; CoroIntegration providing IT integration services.
CoroWare continues to expand its range of communications and automation products and services. With customers and partners around the world, CoroWare has development centers in the United States and Latin America.
COWI is currently at .0001 which satisfies the low cost of entry requirement.
Additional details: 13 billion A/S (huge) with 8.4 billion currently in the float. Typically, this share structure would make me wary. However, the board just approved a $500,000 share buy-back program which has not yet started. In my opinion, this share buy-back program is the real enticement. At .0001, $500,000 would buy back every single share in the authorized with money left over. So the company must expect the share price to soar.
COWI only has about $26,000 in cash according to its latest financial report which just came out. However, they also report pending revenue of some $200,000 dollars from recent deals, and suggest that this is just the beginning.
There are no guarantees folks, but this company might be one to watch. If nothing else, a small position of just a few million shares could yield a high profit once the buy-back program begins. The intriguing thing about this company is the possibility of a major deal or two with huge revenue potential combined with a major share buy-back program. WOW!
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