Net Talk.Com, Inc. (OTCMKTS:NTLK) is making an explosive move up on accelerating volume in recent days since reversing off $0.0012 lows.
In May NTLK announced a strategic partnership to provide a cost effective alternative to current home security options. The solution, Oomi Personal Home Monitoring powered by netTALK, will provide users peace of mind that their property and loved ones are safe and secure, even when they are away from home. The system utilizes Oomi’s security features and leverages netTALK’s communication platform to allow users to proactively monitor their home and communicate with its occupants at a fraction of the cost of other home security solutions. The service will be available as an add-on service to an Oomi smart home system for $60 per year.
The stock has quickly attracted a large shareholder base who believes this one goes much higher and has been busy bidding up the price.
Net Talk.Com, Inc. (OTCMKTS:NTLK) is a telecommunications company that provides cloud base VOIP (Voice Over Internet Protocol) applications, services and products. The Company was the first to market “VoIP Analog Telephone System” which they patented (U.S. Pat. No. 8,243,722) and is currently litigating against Magic Jack / Vocal Tec for their violation of this patent.
Net Talk was founded in 2008 and quickly became the darling of the bb’s. The Company got tons of media attention too; they won the Editor’s Choice Award from LAPTOP Magazine in 2010 and received a great 4/5 rank in PCWORLD review that year. Net Talk was also featured in the New York Times, the Gadgeteer and PCMAG.
The Company’s flagship product is the netTALK DUO, a VoIP consumer electronic device that enables users to make and receive phone calls over an Internet connection through a computer, Internet router, or modem. The netTALK DUO enables free calling in the USA and Canada and paid international calling plans. In 2012 the company released the netTALK DUO WiFi – also for wireless use.
Recently Net Talk acquired a 25,000 square foot data center that is currently hosting AT&T, FPL Fibernet, Level 3, Verizon Wireless, Sprint, and CineWorks.
Also, in April 2014 NTLK announced the launch of its new netTALK App for Android and iOS. The app lets users make free App-to-App calls only using an email address. Users can also call any netTALK subscriber worldwide for free. netTALK App for Android and iOS also enables discounted calls to mobiles and landlines worldwide. Once the app is installed, netTALK is also giving away free US and Canadian phone numbers and access to free international radio stations.
The netTALK DUO can be found everywhere including Walmart, Staples, Sears, Target, Costco, Barnes & Noble as well as online locations such as Amazon and buy.com.
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On May 4 NTLK announced a strategic partnership with Fantem, the creators of Oomi, an innovative smart home system, to provide a cost effective alternative to current home security options. The solution, Oomi Personal Home Monitoring powered by netTALK, will provide users peace of mind that their property and loved ones are safe and secure, even when they are away from home. The system utilizes Oomi’s security features and leverages netTALK’s communication platform to allow users to proactively monitor their home and communicate with its occupants at a fraction of the cost of other home security solutions. The service will be available as an add-on service to an Oomi smart home system for $60 per year.
Personal Home Monitoring will enable Video and audio monitoring of the home. Incident notification via phone call; glass breaking, opening of doors and windows and motion detection. Creation of calling trees for notifying an emergency contact list on event triggers. Mimicking lighting patterns to deter break-ins and appearance of vacant home. Direct audio communication to people inside the home through Oomi Cube and Direct connect to emergency services, police, fire and ambulance.
The man behind NTLK is Anastasios, a Greek-American businessman who has founded a number of companies, including Lexicon Corporation, Mylex Corporation, Regency Cruise Lines and of course netTALK.
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Currently exploding out of sub penny land NTLK has minimal assets and fast rising short term debt that can and has resulted in massive dilution in the past. The Company did to $5,063,416 in sales in 2014 (down from $6,024,150 in 2013) but continues to lose money. But NTLK is an exciting story developing in small caps that is trading record volume, making big moves and quickly attracting a loyal shareholder base who believes this one goes higher. We will be updating on NTLK when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with NTLK.
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Disclosure: we hold no position in NTLK either long or short and we have not been compensated for this article