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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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Snowball1

From: Onions19	8/10/2018 8:00:53 AM
	1 Recommendation of 49402

IVI - NextText sales starting to take off. fscwire.com Company indicates that sales have increased significantly over the first 6 months (no hard figures mind you) but this is after NextText sales decrease during Q1 so expecting Q2 to be very strong. They also renegotiated text fees to increase margins for NextText. It’s currently still only operating in Calgary and Vancouver but aggressively trying to get started in other cities in Can and US. If they are successful in penetrating other cities then sales and earnings should explode. The balance sheet is currently still very ugly but CEO is planning on fixing through equity or cheaper debt. I’m hoping for better debt as dilution would be extreme at current stock price. Should be an interesting second half of the year after some pretty boring quarters recently

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