SW INNOVATIVE HOLD (OTCMKTS:SWHI) took nearly a 40% hit on Thursday, but it might be wise for investors to ignore this slump. SWHI has been making some interesting moves that the market has not seemed to pick up on yet or has and does not understands the potential.
Troptions Corporation, a cryptocurrency dealer company, will now be accepted by SWHI. This summer SWHI cut a deal with Troptions to sell 15,000 prepaid packages in exchange for $1 million of Troptions at the time. The coin, trading in a median range of about .39 cents, can now be used to pay for SWHI’s prepaid plans and phone packages. Thus, if troptions rise in price then SWHI could be seeing double their money on some payments depending on the spread. It has also been noted that people in urban communities will be given cards loaded with Troptions to pay for phone service similar to rush cards. Here was a quote from the company regarding the latter: “My associate Jay Robinson and I are in talks with Troptions Corporation to further assist the people in urban communities we serve, with debit cards similar to the RushCard, but seamlessly exchanging between TROPTIONS cryptocurrency and the USD as the payment method.”
SW INNOVATIVE HOLD (OTCMKTS:SWHI) d.b.a. Everybody’s Phone Company, sells prepaid, unlimited local (dial tone) telephone service to the residential market, primarily in greater Houston. The Company is fully licensed by the Texas Public Utility Commission to resell telephone services throughout the State. Once SWHI achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide.
SWHI has plans to service the Houston area targeting those who need land lines and cannot afford the cash deposit needed to get one through the phone company due to their credit issues.
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In other news, on September 20, 2017, it released that the State of Texas Public Utilities Commission had approved its new operating tariff (rate plan) for the state of Texas. Norman George, the President, explained:
Norman George President said “as a result of the filing of this new tariff (rate plans) we have added bundled 1+ long distance services to our old and new residential subscribers. Now our residential subscribers have local (dial tone) telephone service with bundled 1+ long distance service nationwide.”
SW INNOVATIVE HOLD (OTCMKTS:SWHI) has a market cap of 907k with a low float number. Being connected to a cryptocurrency could bring some volatility to the stock, but if SWHI plays their cards right those Troptions could be worth more than they the market is expecting, and it might be the case that the market is not aware of the opportunity here. Sign-up for continuing coverage on shares of $SWHI stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $SWHI, either long or short, and we have not been compensated for this article.