Flitways Technology, Inc. (OTC Pink: FTWS), Perfect Acquisition Target for Uber or Lyft

Date : 10/17/2017 @ 8:38AM
Source : ADVFN NewsWire
Stock : Amfil Technologies Inc. (PC) (AMFE)
Quote : 0.155  -0.006 (-3.73%) @ 3:57PM

Flitways Technology, Inc. (OTC Pink: FTWS), Perfect Acquisition Target for Uber or Lyft

Flitways Technology, Inc. (OTC Pink: FTWS), Perfect Acquisition Target for Uber or Lyft

Miami, FL-(InvestorsHub NewsWire October 16, 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).

  • 509% Recurring User Revenue Growth
  • 702% Enterprise and Corporate Revenue Growth
  • Attractive corporate structure
  • Could be a great acquisition target for Uber or Lyft.

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 world's most recognizable companies, including Amazon.com, Inc. (NASDAQ: AMZN), Samsung Electronics Co., Ltd. (OTC Pink: SSNLF), Xerox Corp (NYSE: XRX), Rolls Royce, and more.

Flitways, Inc. (OTC Pink: FTWS) just announced the launch of a new travel management platform for businesses which utilizes 7,000 flights, 200,000 hotels, and 20,000 car services in over 450 cities. The platform will have the ability to integrate with existing major travel expense tools like Concu, and provide concierge services.

FTWS, further proving that it has its hands in "everything travel" also recently announced that it is launching its non-emergency medical transpiration (NEMT) services for low risk patients by partnering with healthcare organizations including JMAC, Aid in Recovery and PrimeCare to provide transportation for their patients requiring support, as opposed to utilizing costly ambulatory vehicles.

Flitways, Inc. most recent financials:

FTWS just reported a 509% increase in recurring user revenue and a 702% increase in Enterprise and Corporate Revenue, along with the following metrics.

Second Quarter 2017 Key Business Metric Highlights

  • Revenue grew in the second quarter of 2017, reflecting 509% growth compared to second quarter 2016
  • Total users grew 36% compared to second quarter 2016
  • Recurring users also saw an increase of 35% compared to second quarter 2016
  • Drivers Drivers and providers grew 85% year over year
  • Mobile app installs grew 52% month over month
  • Enterprise & Corporate Accounts grew 60% compared to the second quarter of 2016

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.

In our opinion, 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.

Flitways, Inc. (OTC Pink: FTWS) has a market cap of only $3.9 million. The travel technology company has 150 million authorized shares, 58.53 million shares outstanding, and a float consisting of only 15 million shares.

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

MMEX Resources Corporation

Shares of MMEX Resources (OTC Pink: MMEX) have been on a roller coaster ride rallying over 300% and giving back 65% of it before its most recent climb. Yesterday shares rallied once again but closed off if its high after citing its intent to break ground on a refinery in November.

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

Amfil Technologies, Inc.

Amfil Technologies, Inc., (OTC Pink: AMFE) is a business that operates in the spaces from board games to medical marijuana. The stock has grown 600% in the past 6 months. However, after reaching a high of nearly 24 cents, it seems to have plateaued around the 16 cent mark as volume has slowed.

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

12 Retech Corporation

12 Reach Corporation (OTC Pink: RETC) has been in a valley for the better part of the past three months prior to a 90% jump yesterday before giving back of it. The stock did not react to the news of Oct. 12, but profit taking did occur after the recent pop as the candlesticks are indicating neutral.

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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