Fabrice Taylor
Virtutone Networks Inc
VFX.H-X
BUY
Apr 21, 2014
Thinks it will go higher. They need to find a cheap supply of long distance minutes. They have been funding the business with equity. They are entering the market for long distance text messaging, which has higher margins. There is wind at their tails. He has taken some off the table as it has more than doubled in a year.
A very small stock and illiquid so don’t go chasing it. In the business of buying and selling long-distance minutes. Make a small margin on huge volume. Have good growth prospects. All the need to do is raise some capital. Attractive.
Thinks it will go higher. They need to find a cheap supply of long distance minutes. They have been funding the business with equity. They are entering the market for long distance text messaging, which has higher margins. There is wind at their tails. He has taken some off the table as it has more than doubled in a year.