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

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

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

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