Ludlow Research Reaffirms $0.02 Target (Last Updat
Post# of 1705
Report Highlights
- Upgrading SMS Capacity to 1 Bill Per Month - Projecting 10x Increase in SMS Volume by Q2 2017 - Retaining Senior Platform Tech Developers - Becoming Emerging Competitor to Twilio - Revenues Growing Quarter over Quarter - Aspire Medicaid IT Contract - Eliminating Toxic Notes/Debt
In the report, Ludlow Research made note of TXHD growing revenues, projected growth of SMS volume on their mobile marketing platform, and Aspire IT Government contract for Medicaid and Medicare programs.
Expanding SMS Capacity
In order to keep up with the demand, the Company announced it was scaling its software platform with the addition of two new Scalability Engineers from one of Silicon Valley's leading technology firms.
On March 10, 2017, the Company announced the addition of Rajeev Varshneya as Technical Advisor, and has more than 20 years with Royal Phillips NV.
Mr. Varshneya roles at Phillips included CEO of Phillips Software Center, VP of Product Strategy, Engineering and Operations and SVP of Technology, Product Development and Strategy. He has also led numerous technology start-ups and is actively involved in government contracting with leading Systems Integrators.
In his role as Technology Advisor, Mr. Varshneya will design a technology roadmap setting Textmunication on a course to be a leading SMS solutions provider. He will bring in his network of technology architects and developers to assist in Textmunication’s technology growth, M&A and market leadership.
The Company is in the final process of delivering a robust and scalable platform capable of sending more than 40 million SMS per day, or capacity of up to 1 billion SMS per month.
For a Company that generates a core of its revenues on a per SMS bases this dramatic upgrade in capacity sets the stage for dramatic growth in revenues for the coming quarters.