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NuMobile, Inc. to Increase $0.10 Suggested Fair Value Target Price per Share NuMobile, Inc. to Increase $0.10 Suggested Fair Value Target Price per Share
CARY, NC, Sep. 15, 2009 (Marketwire) --
CARY, NC -- (Marketwire) -- 09/15/09 -- NuMobile, Inc. (OTCBB: NUBL) today announced a corporate Webcast scheduled for release this Friday, September 18th, to present an increased suggested fair value target price per share. The Company has previously published a $0.10 suggested fair value target price per share. The Company anticipates completing the recently announced pending acquisition of Enhance Network Communication, Inc. prior to the scheduled Webcast. Enhance currently has approximately $1.2 million in profitable annual revenue and anticipates closing a $20 million contract with $8 million in gross margin by year end with the contract going into service next year. The increase suggested fair value target price per share will be based on the Enhance acquisition. A link to the Webcast will be posted to the NuMobile website www.numobileinc.com upon release.
NuMobile Information and Email Newsletter
To learn more about NuMobile and to sign up for company email alerts, please visit the corporate website at www.numobileinc.com.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NuMobile's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
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Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir*numobileinc.com
Source: Marketwire (September 15, 2009 - 9:47 AM EDT)
NuMobile, Inc. Makes Headway With Enhance, Raising the PPS Target Above $0.10 NuMobile, Inc. Makes Headway With Enhance, Raising the PPS Target Above $0.10
CARY, NC, Sep. 16, 2009 (Marketwire) --
CARY, NC -- (Marketwire) -- 09/16/09 -- NuMobile, Inc. (OTCBB: NUBL) recently announced the pending acquisition of Enhance Network Communication, Inc. headquartered in Cupertino, California. Enhance currently reports approximately $1.2 million in profitable annual revenue and has developed a proprietary large enterprise network security technology designed for managing the unique information management requirements of network delivered government services. School districts make up the majority of Enhance's current customer base. Enhance anticipates closing a $20 million contract with $8 million in gross margin by year-end with the contract going into service next year.
This Friday, the Company plans to release a strategic update to discuss the acquisition and an increase in the previously published fair value target price per share of $.10 based on the Enhance acquisition. A link to the Webcast will be posted to the NuMobile website www.numobileinc.com upon release.
NuMobile Information and Email Newsletter
To learn more about NuMobile and to sign up for company email alerts, please visit the corporate website at www.numobileinc.com.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NuMobile's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
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Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir*numobileinc.com
Source: Marketwire (September 16, 2009 - 9:00 AM EDT)
posted
Charbel. I have already sold about 70% of my shares DO NOT BUY NOW..IMO...there is a good chance it will still go higher but not worth the risk! there are always new plays! PLEASE DONT KILL ME IF IT GOES UP THOUGH LOL...its just not worth the risk imo
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yes i thikn MOBI is good but its a patience play..be patient with that one i am expecting around .008 if .01 breaks on it that could get real fun! dont chase it either cause it comes down easy and it needs to break .004 to start its run
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more news out today! this stock is really undervalued imo...should see some kind of pop here soon
News- NuMobile, Inc. Announces Shanghai Meetings on Smartphone and Mobile Computing Software Launch in China
2009-10-13 09:00 ET - News Release
CARY, NC -- (MARKET WIRE) -- 10/13/09
NuMobile, Inc. (OTCBB: NUBL) today announced the Company is conducting key meetings in Shanghai this week with its strategic partner in the Chinese market on a smartphone and mobile computing software solution launch in China. Last month, NuMobile announced its first pilot project in the Chinese market and, earlier this month, the Company announced an E-Commerce expansion in China to diversify and increase market opportunities to penetrate the smartphone and mobile computing market in China. NuMobile's strategic partner in the Chinese market is China Crescent Enterprises, Inc., a systems integration service provider in China that sells and services brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell in addition to selling and servicing innovative new technologies.
NuMobile is a smartphone and mobile computing software company growing through a roll-up strategy to build a portfolio of mobile software solutions. NuMobile has recently announced closing acquisitions of two software companies with proprietary technology focused on mobile network security. As a result of existing acquisitions, NuMobile anticipates signing its first substantial contract before the end of 2009 for an estimated $20 million and $8 million gross margin. Additionally, NuMobile has announced an anticipated third acquisition involving a commercial software application distributed across a mobile phone network. A letter of intent is pending and anticipated shortly.
NuMobile Information and Email Newsletter
To learn more about NuMobile and to sign up for company email alerts, please visit the corporate website at www.numobileinc.com.
About NuMobile, Inc. (www.numobileinc.com)
NuMobile is building a portfolio of security and software solutions for the global mobile computing and smartphone market. Through a roll-up strategy, NuMobile plans to acquire and develop mobile computing solutions for a variety of applications, including mobile banking, for the global marketplace. The demand for mobile security and software applications is being driven in large part by the growing number of mobile phone sales into emerging economies that currently do not have substantial access to the Internet via desktop computing. Already in North America, the Company has also forged a partnership in the Chinese market and is developing a plan for the emerging economies of Latin America and East Africa. NuMobile is a SEC fully-reporting public company listed on the Over-the-Counter Bulletin Board.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NuMobile's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
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Contact: NuMobile, Inc. Investor Relations 214-556-5927 ir@numobileinc.com
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