Good Evening Readers!
After weeks of the marijuana plays we may be at a point where they will pull back so we think it could be a good time to explore other options.
We have been looking at many plays and have picked an alert for tonight that we think could have great upside potential.
PROW- Progress Watch
Progress Watch Corp. is an investment holding company focusing on mechanical movement manufacturing and watch supply businesses. The group manages its investments actively through regular dialogue with its shareholders, directors and consultants of the watch industry.
It is building a series of formal and informal alliances with watch suppliers, developers and related industries. In addition, Progress Watch Corp. existing investments give insight into the watch trends and opportunities.
- PROW brought in revenue of 842k dollars during the last quarter of 2013!
- PROW has a great chart setup with some very interesting recent news as well!
Let's check out some recent news:
Progress Watch Corp (PROW) Signs Letter of Intent with TeleDNA
Feb 4, 2014
PROW has signed a letter of intent with TeleDNA. TeleDNA is at the forefront of global communications, providing products and innovations in IP and cloud networking; and wireless access to service providers throughout the world. TeleDNA is based in Bangalore, India.
Progress Watch Corp. has selected TeleDNA to assist in the creation of a mobile network-based streaming broadcast technology. This technology is designed specifically to function on 4G and LTE mobile networks, and will provide significant capability in differentiation, segmentation, and revenue.
The TeleDNA team has collaborated with mobile network providers globally, and brings a diverse pool of experience in developing and implementing mobile technology solutions.
Progress Watch Corp Retains Ernest D. Buff & Associates, LLC
Feb 20, 2014
PROW has retained top intellectual property law firm Ernest D. Buff & Associates, LLC to negotiate a final agreement with TeleDNA Communications Pvt Ltd headquartered in India. The Company signed a letter of intent with TeleDNA in January 2014 for completion of development of TeleDNA's broadcast technology, including features for streaming audio and video content directly from the users mobile phone. The technology is being designed to function on 4G and Long Term Evolution (LTE) mobile networks. Upon completion of development, the Company will own the technology.
The recent PR's lease us to believe this deal could be completed at any time.
That along with the huge spike on revenue last quarter and the increased trading activity leads us to believe PROW is one to watch.
