Company has recently refocused its business efforts to take advantage of the explosive Virtual Computing industry in China. They have signed a lot of new contracts over the past few weeks and the future looks fantastic! Stock may be getting ready to go.
Spent some time doing some basic research on CVDT.
China VoIP & Digital Telecom (OTCBB: CVDT) are now focusing their business on the Server Virtualization Industry in China. A few advantages of server virtualization are:
• Proven software technology that is rapidly transforming the IT industry and fundamentally changing the way companies operate their computer infrastructure; • Virtualization lets you run multiple virtual machines on a single machine, sharing the resources of that single machine with multiple machines; and • Virtualization offers increased IT efficiency and effectiveness by allowing a company’s IT staff to handle double or even triple the number of servers.
Based on information disclosed in CVDT’s recent press releases, they are certified in many of VMware’s products. They are also VIP partners with Vizionecore.
According to CVDT’s recent Press Releases, customers include:
• National Taxation Bureau of Shandong • Shandong University of Finance • Wendeng Municipal Government • Ying Da Security Co., Ltd
CVDT is located in Jinan, the Capital of Shandong Province in China. Population of Shandong is approx 90M (about 5.5M people in the city of Jinan itself). That should offer tremendous growth opportunities for the Company in just Shandong! One would think that with increased success in Shandong could result in rapid expansion to other neighboring provinces
Total issued and outstanding shares: 53,008,000 as per SEC filings Total Float 14,000,000 (estimate)
In my opinion, this Company has tremendous growth potential from this area.