Philip Obal's  Instablog

This smallcap technology stock has made two recent announcements that place it in a place for stock price appreciation. 

(1) First News - Globalscape announced a new major sale - GlobalSCAPE Wins Additional Multi-Million Dollar U.S. Army Contract.   Through it's partner, Carasoft, it has made this additional sale.  

(2) Second News - On 7/22/2009 GlobalScape announced a partnership with nuBridges, a leading provider of secure eBusiness solutions.   This grows the products that GlobalScapes offers and "will significantly" extend the breadth of business-to-business (B2B) information security solutions available for enterprise customers.  GlobalSCAPE will offer the nuBridges Protect^TM and nuBridges Exchange^TM solutions to its customers, and the two companies will share the sales revenue.

(3) Thirdly, for your information - Globalscape serves numerous industries.  For example, IT ... graphics & web designers, publis... music & movie industry, law enforcement crime labs (think about the CSI tv series), and financial institutions (banks, credit card, credit information) with secured data transmission.   Also, the financial institutions and health industry must secure its data as required by law & government standards.  Therefore, when one vertical market is down - GlobalScape keeps marching on.

GlobalScape has:

• Zero long term debt
• Multitude of software products that it has create
• Continues to wisely expand it's partnerships
  

Smart Moves!!!

Disclosure: Long GSB

Where can you earn 17% dividend on a US based company?   At Prospect Capital Corporation (PSEC on the Nasdaq).    Upcoming dividend is .40625 which is a 16.89% yield at $10.17 share price which will ex-dividend on July 6th 2009.   This dividend is the same amount that is had paid out for the prior 4 quarters.

http://finance.yahoo.com/echarts?s=PSEC#chart1:symbol=psec;range=1y;indicator=dividend+volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

It earns it's dividends from investing into companies needing captial.   What I like about this company is that the firm has expertise in energy and industrial sectors.  It wisely invests into oil and gas, coal, materials, industrials, information technology, utilities, pipeline, storage, power generation, renewable and clean energy, and other types.   Energy, materials, and technology are two candiates that have greeat potential for high ROI as well as dividend payback.

Conference Call Transcript for GlobalScape 2008 Q4 which occurred in April 2009