Everyone needs to go to the hopTo website and click on to the Investors page. In the very left column, at the bottom, you will see a link to the ROTH Conference presentation. Click on it, register with ROTH and enjoy an oral presentation with PowerPoint slides. It appears they plan on putting out a Premium version with Android version and PowerPoint editing of hopTo in about April of this year (next month) - don't know how much will be charged. They also plan on putting out hopTo Work for the SMB in late Q3 of this year. Finally, they plan on putting out the Enterprise version at the end of Q1 2015. If they keep to this schedule, things can move very fast here.
Currently hopTo has over 300k users and growing at over 3k a day. At that rate, we will have about 1.2M users by the end of the year and, of course, the rate could increase, especially after they put out the Android version.
I don't get it. If the CEO is so popular inside the company and employees are favored, why did you leave? Moreover, if the employee stock options of other fiber optic companies are quadrupling while INFN remains stagnate, why is the CEO so popular with the employees? Seems a little contradictory.
I really don't know why they keep playing games. There is so much insider information trading swirling around, it isn't funny. How else does anyone explain the cratering of this stock right before earnings and then this huge run up after an operational income of just 500k for the quarter? It makes no sense. The price shoots up 7% on high volume after those dismal numbers with no detailed forecasting of future growth in revenue or earnings. I have never seen a stock trade like this before. You would have to be an ostrich not to think something is not quite right here. Insider trading to the max.
Jan 31, 2014......India #1 in Productivity for 3 days straight, #11 Overall for 2 days straight. That is amazing. A lot of people in India. Ranked in top 400 in Productivity in 145 countries, top 100 in about 100 countries. Looking pretty good.
In answer to a question about Level 3, Fallon just repeated that they won a large contract with a long term customer. Isn't that a confirmation they won Level 3?
I think Fallon's comment earlier that some of the big players are losing money on deals would apply to the Verizon deal. Alcatel did a desperate bid that will not make money and Fallon did not want any part of that and may partially believe Verizon will regret it and may come back to Infinera to bail them out. That was a good call by Fallon to pass on the Verizon deal.
INFN wanted this contract badly so ALU must have really cut to the bone to land it. An act of desperation on ALU's part. It would seem to me Verizon would be completely stupid not to throw INFN a bone to keep them around. The only reason Verizon got such a good deal is that INFN was around. If Verizon ostracizes INFN, ALU will make Verizon pay the next time around, if ALU is still around. Also, this deal with ALU could easily blow up.
Well, the good thing is that the expected dilution is now done. I have to believe that the new investors were given a lot of assurances that the 3M would get hopTo to a place of significance, maybe to the launch of the enterprise version. I am, of course, disappointed with the terms of the deal. Adding another 17M shares to the share count hurts, especially when most of the shares were sold at only .30 with the rest to be sold at .40. I'm not sure how this played to those investors persuaded to exercise their warrants early at .26 for additional warrants at $1 a share (though that price will be adjusted down after this dilution). I'm sure management wasn't crazy about the deal either but felt they needed to do it to get where they needed to be when they needed to be there. I'm also certain they tried to keep the dilution down to a minimum, so I doubt they raised any more funds than was absolutely necessary. Ok, so now it is time to execute. So, hopTo it!
My understanding is the enterprise version is scheduled to come out the end of next year. So 2015 should be the year when hopTo either makes it or breaks it.