Interesting company... everyone has seen the product. The handheld devices the UPS guy puts his deliveries into, etc.
Broker at the firm that took them public is expecting new within 60 days on closing of the FCC deal and contracts. I recommend the warrants as a leverage play...currently in the .40 range. Was as high as .80 just 2 weeks ago. 52 wk hi of 2 3/4.
Company will have positive earnings once the FCC deal (big govt contracts) is completed and even if some remote chance the deal doesnt go thru, CEO states they will be in the black by 3rd qtr.
Looks like a limited downside and huge upside...TPADL is the warrant symbol...TPADA is the common stock.
Brett |