Pennies with recent strength and/or news. Namely SFIO VCLD CHTL

Seeking Alpha Analyst Since 2010
Last Trade: | 0.07 |
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Trade Time: | 12:09PM EDT |
Change: |
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Prev Close: | 0.06 |
Open: | 0.06 |
Bid: | N/A |
Ask: | N/A |
1y Target Est: | N/A |
Day's Range: | 0.03 - 0.09 |
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52wk Range: | 0.00 - 0.09 |
Volume: | 107,666,583 |
Avg Vol (3m): | 12,517,600 |
AMPW.OB | 11:51AM EDT | 0.65 | ![]() |
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583,205 | 1,158,780 |
- Montana Department of Environmental Quality Approves American Power Corp.'s Notice of Intent to ProspectMarketwire(Thu, May 12)
- American Power Corp. Pace Coal Project Moving ForwardMarketwire(Wed, Mar 23)
XDSL.OB | 12:23PM EDT | 0.01 | ![]() |
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23,666,623 | 9,277,810 |
- mPhase Technologies Releases Photo of Smart Surface TechnologyMarketwire(Thu, May 12)
VCLD.OB | 0.25 | ![]() |
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5,000 |
- Verecloud Announces New Cloud Management Platform Launching Through Spiceworks CommunityMarketwire(Thu, May 12)
- Verecloud Reports Third Quarter ResultsMarketwire(Wed, May 11)
ENGLEWOOD, CO--(Marketwire - 05/11/11) - Verecloud, Inc. (OTC.BB:VCLD - News), innovators in the emerging cloud computing services business, today announced financial results for its fiscal 2011 third quarter ended March 31, 2011 highlighted by revenue of $1,002,326 as the company transitions its business model to delivering cloud services as a complete, customized suite directly to the small and medium business market (SMBs).
While professional services remained Verecloud's sole source of revenue for the three months ended March 31, 2011, this transition has resulted in lower professional services revenue versus previous quarters as the company invests in the new strategy. The trend is expected to continue in the near term as the company focuses on investing in and launching the cloud services platform in the fiscal 2012 first quarter ended September 30, 2011.
"We are very excited about the launch of our cloud services platform directly to SMBs," said John McCawley, chief executive officer of Verecloud. "We have spent a lot of time talking to SMBs about their needs in the cloud marketplace and we believe our platform will revolutionize how they take advantage of the explosive market for cloud services and will drive a significant opportunity for Verecloud."
- Verecloud Announces the Release of Nimbus Cloud Service BrokerageBusiness Wire(Tue, Apr 19)
Shares Outstanding5: | 71.43M |
Float: | 6.91M |
Income Statement | |
Revenue (ttm): | 4.08M |
Revenue Per Share (ttm): | 0.07 |
Qtrly Revenue Growth (yoy): | 16.60% |
All the LOIs for 4G carrier development on the 2.5GHZ spectrum owned by the regional partners are75/25 joint ventures in favor of ChinaTel. All these new networks would of course consolidate 100% of their revenues and cash flows to the CHTL income statement.
CHTL.PK | 0.16 | ![]() |
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146,400 |
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