Fighting America’s Fastest Growing Crime
Finding emerging companies that the market isn’t aware of is a pretty simple task. Finding a good company that the market isn’t aware of it considerably more difficult but finding a really good company that is a leader in a rapidly emerging highly visible market, well, that’s a real challenge indeed. Yet, that is what we have for you today in StrikeForce Technologies, Inc (OTCBB SKFT).
StrikeForce Technologies’ website proudly proclaims they are “The World’s Leading Provider of Total Identity Assurance Solutions” and, based upon what we have learned from talking to the company and looking at the industry, we believe them. The company and their products have been featured on NBC’s Today Show and on CNN and their rapidly growing revenue figures confirm it.
The potential for this company is easy to see. It’s in the news almost every day. Identity theft is running rampant. With over a billion people using the internet and countless companies tied to the net, there is no shortage of customers. Simply put, anyone who logs into a website, particularly a financial one be it banking or e-commerce, is a potential victim of identity theft and a potential customer for StrikeForce.
In 2005, CIO Magazine told us that already 53 million people had been the victim of identity theft and that 19,000 more were being victimized each day. Identity theft has been declared the “Fastest Growing Crime in America” and with that distinction, public awareness regarding internet security is sure to grow and along with that, the speculative market’s awareness of StrikeForce Technologies is sure to grow along with it. A better opportunity for a serious speculator would be hard to find.
On the revenue side, at the end of the second quarter, the company reported a more than three fold increase in their revenues over the same period last year and, according to the company, they are looking forward to making announcements in the near future of more newsworthy sales.
If your not a day trader, the key to profits in the speculative market is to get in early, before the crowds arrive and establish your position. Looking at the current price of the stock, this is a great time to begin acquiring SKFT. It is still priced under $.03 and we have put a short term target of $.18 on this stock and a 12 month target of $.25.
Serious speculators have learned that microcap stocks trade more upon potential than they do historical fundamentals. It’s the nature of the market. As such, a decently supported stock, even one with no revenues at all, will enjoy a market capitalization of between $10 and $20 million. Once reaching these levels, the opportunity for short term gain is reduced and the market has to rely on new developments to drive the stock price further. At $.03, SKFT has a market cap of a paltry $1.673 million. With $553,000 in revenues for the first 6 months of the year and more sales on the way, we’re looking at stock that is trading at close to 1.5 times revenues. No matter how we slice it, in our opinion, this stock is undervalued and is due for an adjustment.
We think SKFT is the kind of stock serious speclators would want in their portfolio. It’s a company whose time has come. Renowned products, rapidly growing revenues, stock trading at the bottom of its range with support and an extremely low market accompanied by growing awareness. We own this stock (we bought it just like you do), we like this company and this stock very much. We think you will too.
We are currently featuring this company on The Serious Speculator. Please check out our Vanguard Research Report or our Fact Sheet.
