ivyNET looks like it could be a Canadian Technology success story in the making. The former VP of Global Sales for Reseach In Motion (RIM.T) Stephen J. Paquette is now the President & CEO of ivyNET Inc.
The company's core technology enables callers to use the traditional Public Switched Telephone Network(PSTN) to initiate an international call bound for North America. inyNET's solution enables a telecom carrier to offer cost-effective international long-distance telephony services based on the Internet Protocol. The company has a website: ivynet.net it contains a lot of information and it's a good place to start when doing your DD. They already have $20,000,000USD in contracts. The company has 12 million shares Out Standing Insiders hold 60% and there is only 1.5 million shares in the float.
This one could be BIG once the market catches on.
Regards,
RAK |
