MIK mikoh corporation limited

a little bit of momentum building

  1. 594 Posts.
    I know the price is down 1.5 but there is definately a renewed interest in the buy orders.

    A lot of people sitting on their hands at the moment, but just wait when the MOU is released to the general public and away it will go.

    It is well worth noting that several RFID companies are trying to do similar tamper proof regos, and MIKOH are coming down heavy on these companies due to the patents.

    3M realise that unless they sign up MIKOH in a hurry, one of these larger RFID firms will be knocking on MIKOHs door with an offer they probably cant refuse.

    A 400 -500 million dollar offer is what the board want and now its a race between 3M and other RFID firms for the holy grail of car regos, and all these RFID companies know that with this patented security regos, they sit on multiple billion dollars of ongoing revenue.

    So yes the MOU will be comforting for some but watch the hens come out before the final contract is drawn up for exclusivity.

    The big winner MIKOH SHAREHOLDERS.

    TO THE MOON AND IN A HURRY.
 
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