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
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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)
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