Recently entered the $900 million dollar Wi-Fi market. News out today they just signed a contract with a chain of Burger Kings to add hot spots. Will be pitching the idea to the other 11,000 Burger Kings. They announce a few weeks ago about some other contracts they have recently recieved.
Volume has been through the roof lately. Lots of accumulation. Do your DD.
Posted by crap[check on :
New startup still. 11,628,876 more shares being issued for expansion. Growing revenues... WiFi, cable and other stuff
Last 9 months
Company: Donobi Inc Revenue: $1,968,552 Net income: ($578,557) Common Shares: 15,215,007 Market Cap: $4,564,502 1/28/05 PPS: $0.300 EPS: ($0.040) Shareholder Equity: ($205,671)
Posted by crap[check on :
Sorry for the above... Correction... .30 was current ratio.
Market Cap $12,172,006 1/28/05 PPS $0.800
Does anyone think the increase in Volume and price is due to the MM having all these shares to sell and pushing them up?
Posted by pmann2957 on :
Not sure if thats why, but I bought some none the less. It looks like they are using start up $$$ to grow revenues and expanding their biz. I would expect more press releases and more deals in the works. I guess we will see. GLTY