Forward Industries (NASDAQ: FORD) has sure had its ups and downs over the last several years. It has gone from $30.00 area to under $2.00 It has moved cross country, added a new CEO, consultant and rearranged its board.
Forward (as they are using their name on several products) has been issuing several PR's of late which got me looking into what they are up to.
Now, I do not claim to be a prolific writer and this blog probably could use some grammer corrections and better sentence structure so I will just get to the point and share what I have learned.
Forward is doing a LOT more than I thought just a few hours ago.
Forward is making iPad Juice packs. That was news to me just a few hours ago. http://www.amazon.com/Forward-Industries-FAPBA12WTA-WH-Juice-Cover/dp/B005XZBYHA/ref=sr_1_1?s=electronics&ie=UTF8&qid=1333297313&sr=1-1
On March 15th, 2012, Forward also made a HUGE distribution gain in the UK. Why no PR on this? http://www.pcr-online.biz/news/read/vip-goes-forward-with-forward-industries/028091
Here's more info on VIP. http://www.vip-computers.com/uk/about/about.aspx
I sure didn't know about all the products Forward is branding.
I made a HUGE pile of cash the last time Forward went from $4.00 to near $30.00 in a short period of time and you better believe I am positioned again.
Forward did promise us an "update" after the calander Q1 so maybe I beat them to the punch. I will keep digging.
Disclosure: I am long FORD.