$VH!,,US Navy looking for the VHC platform as well
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Posted On: 06/01/2017 7:47:06 PM
$VH!,,US Navy looking for the VHC platform as well,,below is today's news on deal with Japan. The Japanese Alliance has agreed to buy stock (@ $3.64 per share) as the investment vehicle. Stock price is $3.80 in after hours. This could be a tremendous catalyst for this company. I am in.
Earnings TTM (GAAP)
Details
Earnings Per Share (03/31/2017) -$0.4191
Price/Earnings --
Forward P/E --
Price to Earnings / Growth (PEG)
--
Dividends as of --
VHC has not paid a regular dividend in the last twelve months. See the Dividends tab for information about one time or special dividends
Shares
Market Capitalization (Micro Cap) $197.7M
Enterprise Value $188.0M
Shares Outstanding 58.14M
Shares Held By Institutions 16%
Short Interest (as of 05/15/2017) 20.6%
News Headlines
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VirnetX Holding Corp Strikes Deal to Launch Gabriel Technologies in Japan; Gets $20 Mln Investment
10:36 AM ET, 06/01/2017 - MT Newswires
10:36 AM EDT, 06/01/2017 (MT Newswires) -- VirnetX Holding Corp (VHC) shares rose 8% on Thursday after the internet security software and technology company said it has struck a deal with a Japanese private equity alliance and others to launch its Gabriel technologies in Japan and also to get a $20 million investment from the alliance.
Gabriel technologies are secure, end-to-end encrypted mail, messaging, call and other services.
VirnetX said the alliance, named Public Intelligence Technology Associates KK (PITA), has agreed to purchase its shares at $3.64 each, a 7.1% premium to Wednesday's closing price.
The five-year agreement with PITA, Atos, and Wirthlin Worldwide, A Dentons Innovation Group Partnership, includes building a strategic alliance of 4G service providers, application developers, Japanese content developers, government agencies and enterprises around Gabriel Technologies.
The agreement also includes a revenue share agreement on all sales of Gabriel Collaboration Suite and other Gabriel products sold in Japan.
Price: 3.70, Change: +0.30, Percent Change: +8.82
Price Performance Comparison
Earnings TTM (GAAP)
Details
Earnings Per Share (03/31/2017) -$0.4191
Price/Earnings --
Forward P/E --
Price to Earnings / Growth (PEG)
--
Dividends as of --
VHC has not paid a regular dividend in the last twelve months. See the Dividends tab for information about one time or special dividends
Shares
Market Capitalization (Micro Cap) $197.7M
Enterprise Value $188.0M
Shares Outstanding 58.14M
Shares Held By Institutions 16%
Short Interest (as of 05/15/2017) 20.6%
News Headlines
Hide Abstracts
< Back to Headlines
VirnetX Holding Corp Strikes Deal to Launch Gabriel Technologies in Japan; Gets $20 Mln Investment
10:36 AM ET, 06/01/2017 - MT Newswires
10:36 AM EDT, 06/01/2017 (MT Newswires) -- VirnetX Holding Corp (VHC) shares rose 8% on Thursday after the internet security software and technology company said it has struck a deal with a Japanese private equity alliance and others to launch its Gabriel technologies in Japan and also to get a $20 million investment from the alliance.
Gabriel technologies are secure, end-to-end encrypted mail, messaging, call and other services.
VirnetX said the alliance, named Public Intelligence Technology Associates KK (PITA), has agreed to purchase its shares at $3.64 each, a 7.1% premium to Wednesday's closing price.
The five-year agreement with PITA, Atos, and Wirthlin Worldwide, A Dentons Innovation Group Partnership, includes building a strategic alliance of 4G service providers, application developers, Japanese content developers, government agencies and enterprises around Gabriel Technologies.
The agreement also includes a revenue share agreement on all sales of Gabriel Collaboration Suite and other Gabriel products sold in Japan.
Price: 3.70, Change: +0.30, Percent Change: +8.82
Price Performance Comparison
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'Everything works out in the end,,,If it hasn't worked out,,it's not the end'
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