Basics of ONE-T
posted on
Jul 27, 2010 10:10AM
Edit this title from the Fast Facts Section
01 Communique is a very typical Dot.com stock.They developed some leading edge software in the tech boom circa 2000-2001.
Globe Media has this as the description of the company - 01 COMMUNIQUE LABORATORY INC. offers a suite of remote access services designed for small-medium sized business, mobile professionals and IT service providers. 01's software as a service offerings are deployed on-demand and include functionality enabling on-line meetings, remote computing and IT support
They recently have completed a round of patent lawsuits, and succeeded, against the largest in this field Citrix. Clearly a David and Goliath battle. One owns and has validated their patent protection in court but are cash starved vesus the multi billion dollar Goliath.
Many have stated that the payoff will be "successfull" but way down the road as the "weaking" will be subject to stalling and delay tactics. I was introduced to this company with the phrase "Hi risk and high reward" as mentioned in the Globe articel here http://gold.globeinvestor.com/servlet/ArticleNews/story/RTGAM/20100714/escenic_1639394/stocks/news
Today they have news on financing http://gold.globeinvestor.com/servlet/ArticleNews/story/CCNM/20100723/624527_1/stocks/news which should give them the ability to finish off and reap the reward they are due.
So far it has been a terrific day trading stock.