Geometry Dash APK Hill Climb Racing APK
64.4 F
New York
Sunday, June 13, 2021

Why Gopher Protocol Inc (OTCMKTS:GOPH) Investors Just Got a Major Gift

Must read

Ozop Energy Solutions Inc (OZSC) is Riding a Green Wave of Momentum

Investors who are looking for fresh opportunities in rising stocks may have a lot to choose from at this point but it...

Drone Delivery Canada Corp (OTCMKTS:TAKOF) is Soaring after Roadmap Update

The drone industry has grown at a remarkable rate over the past five years or so and hence, it is no surprise...

Global Battery Metals Ltd (OTCMKTS:REZZF) in Focus: Trending Higher

Anyone who is tracking stocks that have made substantial gains over the course of the past month or so must not have...

Alpine 4 Technologies Ltd (OTCMKTS:ALPP) Showing Strength After Patent Approval

Investors who believe in long-term wealth creation are often on the hunt for stocks that have recorded significant gains over a reasonable...

The new explosion on the OTC is clearly Gopher Protocol Inc (OTCMKTS:GOPH). Shares of the stock blasted off on Wednesday to the tune of as much as 105% on the day. What drove the burst? As far as we can tell, it was the company’s announcement of successful results from a test of its mesh network system in a controlled environment.

According to the release, “A conducted and controlled environment testing is a physical testing of the system’s components, connected via wires. In addition, each node and gateway are physically isolated via metal enclosure in order to eliminate radio connection. Conducted testing is done prior to a complete system’s radio validation in order to evaluate strength of electrical signals, communications and accurate data transfer.”

Gopher Protocol Inc (OTCMKTS:GOPH) casts itself as a development-stage Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology.

The Company 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.

Moreover, Gopher Protocol Inc. engages in the process of developing a real-time, heuristic-based, mobile technology. Its technology consists of a smart microchip, mobile application software, and supporting software. The company was formerly known as Forex International Trading Corp. and changed its name to Gopher Protocol Inc. in February 2015. Gopher Protocol Inc. was founded in 2009 and is headquartered in Santa Monica, California.

According to its press communications, “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.”

Find out when $GOPH reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

As noted above, GOPH just announced successful results from performing a conducted testing of its mesh network system in a controlled environment.

Recent action has seen 50% piled on for shareholders of the stock during the trailing week. Furthermore, the listing has registered increased average transaction volume recently, with the past month seeing topping 190% beyond what we have been seeing over the larger time frame.

“This type of testing is important to validate proper physical electrical signals and data accuracy between the entire system’s components,” stated Danny Rittman, Ph.D., Chief Technology Officer of Gopher Protocol. “In this type of testing we are validating the firmware and hardware functionalities as a complete system. We are pleased with the results as they match the architecture design. The next stage is a field test where the system will be used in actual urban and rural areas. We are now in the process of developing a supporting mobile app in order to visually inspect the system’s features including node hoping, area coverage, electrical and firmware data, and range. The mobile app will be an integral part of the system’s Alpha and Beta versions.”

Currently trading at a market capitalization of $123.89M, GOPH has a chunk ($522K) of cash on the books, which stands against about $7M in total current liabilities. One should also note that debt has been growing over recent quarters. GOPH is pulling in trailing 12-month revenues of $41.5M. In addition, the company is seeing major top-line growth, with y/y quarterly revenues growing at 247.4%. This is an exciting story, and we look forward to a follow-up chapter as events transpire. Sign-up for continuing coverage on shares of $GOPH 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 $GOPH, either long or short, and we have not been compensated for this article.

Latest article

American Diversified Holdings Corp (OTCMKTS:ADHC) Nears Critical Level

When a stock records significant gains and then crashes and repeats over the course of a few months, then it might be...

Reconnaissance Energy Africa Ltd (OTCMKTS:RECAF) Gathers Further Momentum

If you are currently looking for stocks that may have recorded massive gains within a short period of time, then it might...

Is Tilray Inc (NASDAQ:TLRY) Stock a Good Buy After The Recent Fall?

The cannabis sector may have had a hard time not too long ago but over the course of the past months, the...

Sysorex Inc (OTCMKTS:SYSX) Stock Still Riding Big News

Investors are always drawn to stocks that make a big jump out of nowhere. So it's no surprise that Sysorex Inc (OTCMKTS:SYSX)...

BIGG Digital Assets Inc (OTCMKTS:BBKCF) is Struggling to Regain Momentum

Over the course of the past few months, the continued rally in some of the biggest cryptocurrencies has led to considerable interest...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet.
SmsVerifyer.com Affordable best sms verification service