We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Oicintra Inc (PK) | USOTC:OICT | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 11.99 | 5.28 | 11.50 | 0.00 | 11:32:22 |
IOGA was awarded a contract by the Republic of Ghana's National Mass Social Welfare Scheme to insure the replacement of lost or stolen welfare cards issued to its 18M current members. The organization represents a social welfare initiative aimed at alleviating poverty by offering financial help to the poor and vulnerable.
This deal represents $3M in monthly gross revenue beginning in November 2013, rising to $9M in October 2014, and $18M in 2015 when the MSWS program reaches all of its 18M members.
In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
"This landmark deal puts INSCOR on the map, period. Not only does it provide substantial revenue and potential profit, but it opens up the door for similar deals across the globe. Plus, investors should view this contract as an annuity for the Company's financials, as the Company's risk profile is dramatically reduced. Moreover, the deal may accelerate management's efforts to generate wins for its FIT OPEB and FIT for individuals plans. Based on preliminary figures, the contract could be worth over $200M in revenue and nearly $50M in EBITDA to INSCOR over the next 3 years. Following further due diligence, we plan to revise our earnings model and our target price to reflect this opportunity."
To view or download all INSCOR articles, reports and disclaimers, please visit www.goldmanresearch.com.
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces small cap and micro cap stock research reports, daily stock market blogs, and popular investment newsletters. For more information, visit www.goldmanresearch.com.
A Goldman Small Cap Research report is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read the report's full disclosures and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit www.goldmanresearch.com.
About INSCOR, Inc. (OTC Pink: IOGA): INSCOR, Inc. specializes in educating and marketing the FIT OPEB plan to municipalities and corporations as a low-cost solution to funding retiree and other employee benefits. A FIT plan variation also works for affluent individuals, entertainers and professional athletes -- whether for estate planning or funding cash flow needs. INSCOR's "FIT" (Financed Insurance Trust) strategy uses a combination of favorable financing terms, innovative uses of specific life insurance products and trusts -- all of which result in minimum levels of out-of-pocket costs for producing significant future funding and revenue stream opportunities. For more information visit: www.ins-cor.com.
Goldman Small Cap Research Rob Goldman Analyst 410-609-7100 rob@goldmanresearch.com
1 Year Oicintra (PK) Chart |
1 Month Oicintra (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions