Underground Alerts – Cordia Telecommunications Networks (otc:CORG) – Price .02 Price Target: $1.00
Posted on August 28, 2013
Good Morning Undergrounders,
Today’s alert is (otc:CORG) Cordia Telecommunications Networks, this is a very undervalued public company that has just come on our radars. CORG is in the Telecommunications Industry of VOIP calling. VoIP technologies is one of the hottest sectors in the market right now, we could not ask for a better time to profile this company.
CORG provisions local and long distance phone services through the internet! Just using a simple internet connection, CORG can turn it into a wired or wireless phone center. CORG provides it’s services internationally, including local and long distance – and caters to both business and residential customers. The plan offers unlimited calling to the United States and 50 countries for a low flat fee of $19.95 per month. This service is a direct dial product and does not require lengthy authorization codes to place phone calls and is available to both residential and business customers regardless of whether they are using a landline or a mobile phone.
According to analysts the VoIP Industry is set to grow to a market cap of $76.1 Billion Dollars by 2015, if CORG can just get 1% of that the market cap would be $761 million vs the current market cap of CORG which is just over $250k right now. That would put CORG at a price evaluation of $60 a share, it’s currently trading at .02!
We will have a more detailed report out later but for now, the minimum long-term price target we have initiated is $1.00.
CORG Current Price: .02
Price Target: $1.00