Investorideas.com

 

Join our smart investors - Get the best stock directories in  blockchain, cannabis, crypto, AI, IoT, cleantech. Daily podcasts in cannabis and crpto. Just $99  a year

#Tech News: SeeThruEquity Issues Update Note on Gopher Protocol Inc. (OTCQB: $GOPH) with a Target Price of $4.84

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)

 

NEW YORK, NY - October 8, 2018 (Investorideas.com Newswire) SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has issued an update note on Gopher Protocol Inc. (OTCQB: GOPH) with a Target Price of $4.84.

The report is available here: October 2018 Update Note.

We are updating coverage of on Gopher Protocol Inc. (OTCQB: GOPH). GOPH is a development stage technology company focused on creating native IoT and Artificial Intelligence-enabled mobile technology based on its proprietary platform, Gopher Insightâ„¢. The company's software and chip technology participates in three growing markets: Fintech / prepaid services, asset tracking, IoT, and global mesh networking. In the prepaid market, GOPH has established a network of approximately 9,400 convenience stores, which supported GOPH revenues of $13.5mn in 2Q18, and the company is actively seeking to expand business opportunities through this network. GOPH has launched its first IoT enabling technologies into tracking devices for pets (Guardian Orb). The company expects to launch its global mesh network platform in 2019, which leverages proprietary chip, AI and security technology to provide low-cost, secure private networks. We see GOPH as a speculative growth company targeting rapidly evolving opportunities in IoT/AI/Fintech markets. The company has begun to achieve scale with its prepaid distribution network, with potential upcoming catalysts including the commercialization of Gopher Insightâ„¢ technology in multiple markets and its announced intention to pursue a national listing.

We are updating our coverage on GOPH following recent results, corporate developments, and additional details on the company's plans to monetize its proprietary technology. Highlights are as follows:

Target of $4.84 for GOPH

We see GOPH as a speculative growth company targeting large opportunities in the technology sector. The company has established scale with its initial distribution network in approximately 9,400 US convenience stores touching a possible 9.4mn consumers per day and is in the beginning stages of monetizing its proprietary chip and wireless mesh technologies.

Please review important disclosures in the report and on our website at www.seethruequity.com.

About Gopher Protocol Inc.

Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher") (http://gopherprotocol.com) is a development-stage company which considers itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features. http://gopherprotocol.com

About SeeThruEquity

Since its founding in 2011, SeeThruEquity has been committed to its core mission: providing impactful, high quality research on underfollowed smallcap and microcap equities. SeeThruEquity has pioneered an innovative approach to deliver equity research of microcap and smallcap companies. SeeThruEquity has also been the host of acclaimed investor conferences that are the ultimate event for publicly traded companies with market capitalizations less than $1 billion since 2012.

SeeThruEquity is approved to contribute its research reports and estimates to Thomson One Analytics (First Call), the leading estimates platform on Wall Street, as well as Capital IQ and FactSet. SeeThruEquity maintains one of the industry's most extensive databases of opt-in institutional and high net worth investors. The firm is headquartered in Midtown Manhattan in New York City.

For more information visit www.seethruequity.com.

Contact:

SeeThruEquity
info@seethruequity.com

SOURCE: SeeThruEquity

Contact:

Dr. Danny Rittman CTO
Gopher Protocol Inc.

Media: press@gopherprotocol.com

SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

Visit profile page

Get News Alerts on Gopher Protocol, Inc.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com: More disclaimer and disclosure  info: https://www.investorideas.com/About/Disclaimer.asp, https://www.investorideas.com/About/News/Clientspecifics.asp

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp


TechSectorStocks.com - investing ideas in tech stocks- mobile payments, social media, AI and Robotics, Drone Stocks, GPS, Internet of Things (IoT)

Like Tech Stocks? View our Tech Stocks Directory