Flitways Technology, Inc. (OTC Pink: FTWS), 310% Growth, Acquisition Candidate for Uber or Lyft

Date : 06/27/2017 @ 6:30AM
Source :InvestorsHub NewsWire
Stock : Jb&zjmy Holding Company, Inc. (PC) (JBZY)
Quote : 0.0365  -0.0014 (-3.69%) @ 4:08PM

Flitways Technology, Inc. (OTC Pink: FTWS), 310% Growth, Acquisition Candidate for Uber or Lyft

Flitways Technology, Inc. (OTC Pink: FTWS), 310% Growth, Acquisition Candidate for Uber or Lyft

Miami, FL-(InvestorsHub NewsWire June 27, 2017) EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Flitways Technology, Inc. (OTC Pink: FTWS).

FTWS may not be at these levels much longer.

See the Full Press Release and other stories on Flitways Technology, Inc. (OTC Pink: FTWS) at EmergingGrowth.com

http://emerginggrowth.com/?s=ftws

Flitways Technology, Inc. (OTC Pink: FTWS), has working relationships with some of the worlds most recognizable companies, including Pokemon, Amazon.com, Inc. (NASDAQ: AMZN), Samsung Electronics Co., Ltd. (OTC Pink: SSNLF), Xerox Corp (NYSE: XRX), Rolls Royce, and more.

As of June 2017, Flitways maintains operations across more than 170 cities, 400 airports, and manages a fleet of nearly 20,000 vehicles worldwide. Furthermore, management expects to expand operations to an additional 70-100 cities by the end of 2017.

Flitways is a Los Angeles, California-based travel technology and services company which focuses on two large and under-served markets and has two important and valuable assets. Flitways business segments are: (i) a novel solution for enterprises looking to create a more seamless, easy to view, and cost-saving ground transportation solution for its employees; and (ii) a robust global network of car services and drivers that provides a source of additional (ancillary) revenue and integrated booking and itineraries for travel providers (e.g., airlines) and travel distributors (e.g., Kayak)

Flitways services are delivered through a fully integrated and customizable enterprise software suite, which allows any business to easily manage its ground transportation needs through both its administrator website and simple to use IOS and android apps.

https://itunes.apple.com/us/app/flitways-prev.-oncabs/id1032232376?mt=8

https://play.google.com/store/apps/details?id=com.mobile.taxibooking.ui

One of the first concerns that some may have is whether Flitways will be in direct competition with Uber and Lyft.

The right question to ask oneself is, will it be Uber or Lyft that acquires Flitways in order to round out their ecosphere and technology base.

Uber and Lyft provide taxi-like service primarily to the consumer market, but also are commonly used by business travelers. Although these two companies have rolled out varying classes of vehicles that can provide rides to even high-end and business markets, they do not provide billing, compliance, third party dispatch management, or seamless itinerary services that are the core of Flitways offering

As of June 2017, Flitways has a market cap of only $2.34 million. The travel technology company has 150 million authorized shares, 58.53 million shares outstanding, and a float consisting of only 15 million shares as of May 2017. During the first quarter 2017, the company reported total revenue of $203,000 (equating to sales growth of 230% compared to the first quarter 2016).

FTWS may not be at these levels much longer.

See the Full Press Release and other stories on Flitways Technology, Inc. (OTC Pink: FTWS) at EmergingGrowth.com

http://emerginggrowth.com/?s=ftws

Other Emerging Growth News

InterCloud Systems, Inc.

Shares of InterCloud Systems, Inc., (OTCQB: ICLD) have spiked 200% over the last dozen trading sessions on record volume, based largely on new contracts valued at over $1.5 million. However, both the Candlesticks and Bollinger bands are pointing to sell. It could be time to take some profits.

Have a look at Flitways Technology, Inc. (OTC Pink: FTWS)

Dolat Ventures, Inc.

Since its nearly 13,000% run over the past three months, Yield Sign Dolat Ventures, Inc. (OTC Pink: DOLV) has given back almost 50% of its profits as volume is diminishing. A few weeks after the price began to move, the company announced its acquisition by a China based battery manufacturer. Since, we have not seen anything in the realm of a press release or corporate filings from the company. China Reporting? I guess well see.

Rvue Holdings, Inc.

Shares of Rvue Holdings, Inc. (OTC Pink: RVUE) spiked over 200% yesterday. For a company whose shares have lost over 50% of their value prior to announcing the sale of assets and pending liquidation, the company certainly had a good day yesterday. The stock traded up over 200% on no new fundamentals in the market. Be careful!

Have a look at Flitways Technology, Inc. (OTC Pink: FTWS)

About EmergingGrowth.com

EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://emerginggrowth.com/74653897-2/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

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