Investorideas.com Newswire - #Tech news: SeeThruEquity considerations update note on Gopher Protocol Inc. (OTCQB: $GOPH) with a target expense of $four.eighty four

(MENAFN - investors ideas)#Tech news: SeeThruEquity issues replace observe on Gopher Protocol Inc. (OTCQB: $GOPH) with a target price of $four.eighty four

manhattan, the big apple - October eight, 2018 (Investorideas.com Newswire) SeeThruEquity, a leading unbiased equity research and corporate access firm concentrated on smallcap and microcap public organizations, these days introduced it has issued an update word on Gopher Protocol Inc. ( OTCQB: GOPH ) with a goal price of $4.eighty four.

The record is purchasable right here: October 2018 replace word .

we're updating coverage of on Gopher Protocol Inc. ( OTCQB: GOPH ). GOPH is a building stage technology company concentrated on developing native IoT and artificial Intelligence-enabled mobile technology in accordance with its proprietary platform, Gopher perception™. The company's software and chip expertise participates in three becoming markets: Fintech / pay as you go services, asset monitoring, IoT, and international mesh networking. in the pay as you go market, GOPH has based a network of approximately 9,400 convenience retailers, which supported GOPH revenues of $13.5mn in 2Q18, and the business is actively searching for to extend company opportunities via this network. GOPH has launched its first IoT enabling technologies into monitoring contraptions for pets (Guardian Orb). The enterprise expects to launch its global mesh network platform in 2019, which leverages proprietary chip, AI and protection know-how to provide cost-effective, comfy inner most networks. W e see GOPH as a speculative increase company focused on impulsively evolving opportunities in IoT/AI/Fintech markets. The business has begun to obtain scale with its prepaid distribution network, with knowledge upcoming catalysts together with the commercialization of Gopher perception™ expertise in varied markets and its announced intention to pursue a national checklist.

we are updating our insurance on GOPH following recent effects, corporate tendencies, and further details on the company's plans to monetize its proprietary technology. Highlights are as follows:

$5mn licensing deal highlights knowledge for monetization of GOPH technology. GOPH introduced an contract with Genesis Blockchain technologies during which Genesis will utilize Gopher's mesh technology into its new blockchain-primarily based radio generated digital currency. The deal contains a $5mn licensing charge, payable upon the initial coin offering, the place Genesis has made a $0.5mn downpayment, in addition to a 2% royalty on gross income of licensed items sold by way of Genesis.

2Q18 revenues have been $13.4mn. GOPH generated $13.4mn in income in 2Q18, with the majority of revenues stemming from its fintech division, which incorporates its prepaid features portfolio offered in 9,400 US convenience outlets. 1H2018 revenues were $21.4mn. GOPH views the retail network as a strategic channel into which it may well launch extra items and mesh community features of presence, and these days partnered with digital advertising company Mobiquity applied sciences (MOBQ) to make the most of Mobiquity's platform for more advantageous advertising and marketing and location features.

GOPH appointed a brand new period in-between CEO Doug Davis, a pro know-how executive with adventure establishing strategic partnerships and building businesses via biological and acquisition growth techniques.

GOPH exploring country wide listing. Davis highlighted that a key company goal could be to pursue a country wide list, with the probability of a twin checklist on a world alternate. The company added 5 independent directors and established audit, governance, and compensation committees for its board as an preliminary step in this procedure.

target of $4.eighty four for GOPH

We see GOPH as a speculative growth company focused on tremendous opportunities in the expertise sector. The business has centered scale with its preliminary distribution community in approximately 9,400 US convenience shops touching a probable 9.4mn buyers per day and is in the beginning stages of monetizing its proprietary chip and instant mesh applied sciences.

Please evaluate important disclosures in the file and on our site at www.seethruequity.com .

About Gopher Protocol Inc.

Gopher Protocol Inc. ( OTCQB: GOPH ) ("Gopher") ( http://gopherprotocol.com ) is a building-stage enterprise which considers itself Native IoT creator, constructing information superhighway of issues (IoT) and artificial Intelligence enabled cellular technology. Gopher has a portfolio of intellectual Property that after commercialized will consist of wise microchips, mobile utility utility and supporting cloud utility. The device contemplates the creation of a world community. The core of the system might be its superior microchip technology that may also be installed in any mobile device international. Gopher envisions this gadget as an internal, inner most network between all enabled cellular devices providing shared processing, superior cellular database administration/sharing and stronger cell aspects. http://gopherprotocol.com

About SeeThruEquity

on account that its founding in 2011, SeeThruEquity has been committed to its core mission: featuring impactful, excessive quality research on underfollowed smallcap and microcap equities. SeeThruEquity has pioneered an resourceful approach to carry fairness analysis of microcap and smallcap groups. SeeThruEquity has additionally been the host of acclaimed investor conferences that are the gold standard adventure for publicly traded corporations with market capitalizations below $1 billion due to the fact that 2012.

SeeThruEquity is approved to make contributions its research studies and estimates to Thomson One Analytics (First call), the main estimates platform on Wall road, as well as Capital IQ and FactSet. SeeThruEquity keeps one of the crucial industry's most wide databases of opt-in institutional and excessive internet worth traders. The enterprise is headquartered in Midtown manhattan in big apple city.

For extra tips visit www.seethruequity.com .

Contact:

SeeThruEquity

supply: SeeThruEquity

Contact:

Dr. Danny Rittman CTOGopher Protocol Inc.

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