posted
Oh yeah - locked and loaded now...of course, I would have preferred the price in the 10s instead of the 11s - should have been paying attention to the time.
-------------------- Study before you buy, Sell before you think about it....
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This one seems to have a very big room to run, considering Low Float, numerous orders and sales by the company, absolutely undersold....wait till they come up with earnings report,...should be trading above .30 IMO.
-------------------- Please do your DD. Break some bread with me!
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Lunch time traffic.... lol. This one IMO should be trading around .30 next few days . positive news lately,...low floater... I'm holding this a lil bit longer. This company has been badly murdered by these shorters. It will take its place among the elites. JMHO
-------------------- Please do your DD. Break some bread with me!
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Thanks IMAKEMONEY. After luch, this will run huge when investors start noticing it...should close strong today.
Here is something I think u guys should read carefully....ONGO NEWS TODAY. Read conscientously!.
On The Go Continues to Streamline Operations Thursday February 15, 7:30 am ET First 6 Months of Fiscal 2007 on Track
CONCORD, Ontario, Feb. 15 /PRNewswire-FirstCall/ -- On The Go Technologies Group (OTC Bulletin Board: ONGO; 'OTG' 'the Company'), a leading multi- industry computer hardware, software and systems integrator, announced today a Company and Shareholder update from its CEO, Mr. Stuart Turk. On behalf of the entire On The Go team, I'm pleased to report that the first 6 months of our 2007 fiscal year ended January 31, 2007 - has been a robust continuation from our record year in 2006, both in terms of sales and debt reduction, and establishing a greater presence in the North American IT sales and service market.
We are well on track to achieve our goal of profitability as we continue to meet our targets on outside debt reduction and surpass our operational goals set:
- Revenues exceeded CDN $15M for the 6 months ending January 31, 2007.
- We continue to increase our professional services revenue mix resulting in increased gross margins across all divisions.
- OTG's vertical efforts - the Healthcare and Digital Media divisions - remain strong revenue generators with record sales and systems integrations. Both sectors offer tremendous sales growth potential into the years to come.
- We have expanded our reach in the healthcare and medical diagnostic arena, teaming up with a veteran-owned small business and allowing the use of our name OTG Healthcare. In turn we are the exclusive supplier of their healthcare solutions.
- Massive Software, the industry's premiere developer of autonomous agent 3D animation systems, recently appointed OTG a certified channel partner in North America and named the Company an 'established leader servicing the broader visual effects community.'
- The Company's aggressive advertising and industry sponsorship campaign has returned strong numbers in terms of new clientele, and strengthen relationships with the existing customer base.
- We continue to streamline all costs and expenditures and have reached a staff level of 46, down from over 80 a year ago. Revenues remain strong and unaffected by the reductions.
Mr. Turk further remarked, "The past six months have been much like those previous, in that there's been a concentrated effort to not only establish OTG as the premier IT Sales and Service provider in the nation, but also to bring the Company to a profitable state via all the cost-cutting measures available without impeding our growth. We have a dedicated team at OTG working harder than ever to turn the corner and I look forward to keeping you informed of all our progress, as we grow and strengthen our industry standing."
About On The Go Technologies Group
On The Go Technologies Group is a North American corporation focused on acquiring versatile and profitable companies in the IT sector. OTG and its divisions: OTG Enterprise, catering to Fortune 1000 and SME clientele and vendors such as HP, Apple, IBM, SGI, Extreme Networks and Adobe; OTG Digital Media & OTG Creative, prominent systems integrators in the U.S. and Canadian digital entertainment industry; OTG Healthcare, compiling digital solutions and networks for the diagnostic medical community; OTG Research, providing solutions to the education, funding and research communities; and in-house multimedia studio Go Motion + Design, have established themselves as a respected and sought after industry competitors. The Company's intention is to maintain sustained growth in the years to come via continued organic development in its existing divisions and an aggressive acquisition schedule.
posted
I am not sure when the reports will be coming out, but with revenue exceeding $15,000,000 dollars compared to $7,386,000 last report. It is gonna be good! Dont forget on REDUCED DEBT, and increased gross margin. I'm loving the company already.
-------------------- Please do your DD. Break some bread with me!
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guess traders are smart about this one,...they holding onto their shares... MMs cant get their shares for cheap. Doesn't take a rocket scientist to know this one is way too undervalued. It will close strong today, and next few days will be interesting.
-------------------- Please do your DD. Break some bread with me!
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watch the BID build up, investors have noticed the trend reversal on this baby.... News good ( earnings and revenue) they love this,... volume 5x average. Note* these investors are planning to go long on this, so dont give them cheap shares. JMHO
-------------------- Please do your DD. Break some bread with me!
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