IMTL
- MACD divergence to the bulls right now in play
- strong hold of key support late last month sets up the range breakout with big upside potential
IMTL just announced very strong gains in its landmark partnership with KodakOne.
The best sign we can see in an aggressive market share gambit for new partners is that they get ahead of schedule in leading indicators because they simply seem to fit together well. By this, we don’t simply mean they’re buddies. We mean the operational systems complement each other well and the underlying technology involved doesn’t slow down the works through non-compatibility.
So far, according to a recent release from Image Protect Inc. (OTCMKTS:IMTL), that’s exactly what we’re seeing here.
“We were ahead of schedule in integrating platform technology, and now we are even further ahead of schedule in chasing down and settling infringement cases, which in turn will put us well ahead of schedule in booking initial revenues from the Partnership,” stated Matthew Goldman, CEO of Image Protect. “We want to go on the record in giving due credit for this rapid escalation toward sales to the back-end efficiency exhibited by the folks over at KodakOne.”
This is a very good sign for things to come. The Partnership has apparently already begun to Settle Cases well ahead of schedule. And this is big news because the companies continue to value the total sales value of the portfolio of infringement cases central to that Partnership to be worth at least $5 million.
Shares could be poised to spring as the market digests the implications.