TXTM (Pro Text Mobility)
Protext Mobility is a premium mobile solutions provider and applications developer. Our mission is to provide robust and innovative solutions to the fast-growing mobile communications market for the consumer and enterprise.
Our products are designed for mobile devices, providing parents and corporations, solutions to help manage their children's / employee's mobile communications activities.
We have built a proprietary & feature rich, mobile messaging platform. The robust and flexible feature set can be customized and applied to various vertical markets. The solutions are scalable and can be tailored to meet the specific demands or needs of a large, end user base. The current solutions were developed out of the need for, and desire of, the parent and/or enterprise to gain necessary insight and visibility into their children's/employees use of today's mobile technology.
The mobile solutions we've developed on our platform for the direct to consumer market utilizes our patent pending ProtextSmartMessenger to provide parents peace of mind as it relates to the 3 most serious dangers a child may encounter as they use mobile devices...Bullying, Sexting and Distracted Driving.
We have bundled certain features and released them under SafeText and DriveAlert . The mobile solutions for the enterprise/corporate compliance are marketed under CompliantWireless, with consumer solutions marketed under FamilyMobileSafety.
Overview
TXTM (Pro Text Mobility) this is a post reverse split stock that has been under heavy consolidation from that .0008-.001 level for quite some time now the stock closed at high of the day and approaches key pivot break with only 112 million outstanding shares as of Aug 19,2014 this stock has great potential for a much higher move. I am a firm believer of buying these stocks when they are beaten down and give key signals of a reversal and this stock is a prime example of this sentiment. Recent news shows that the company is actively pursuing contracts and just had a 40,000 in initial sales with Car dealership:
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| Protext Mobility Announces Distribution Agreement With Bay Ridge Honda/Volvo/Volkswagen of New York |
DELRAY BEACH, FL, Jul 01, 2014 (Marketwired via COMTEX) -- Protext Mobility (OTC Pink:
TXTM) (PINKSHEETS: TXTM), a developer of innovative and trusted applications for the mobile communications market, is pleased to announce that the Company has executed a distribution agreement with Nissan of Queens, a premier auto dealership selling in excess of 300 cars per month. Pursuant to the agreement Protext's distracted driving solution, DriveAlert, will be marketed and sold to customers at Nissan of Queens with prominent advertising in strategic areas throughout the facility. This is Protext's fourth distribution agreement and a total of seven auto dealership groups in the NYC Tri-State area.
"As the dangers of distracted driving increase in the national spotlight, so has the amount of interest in DriveAlert from the auto dealer industry," noted Steve Berman, CEO of Protext Mobility. "There has been a direct call to action from the American public for a way to prevent the tragedies that we hear about every day. We are very proud to be able to use our technology for important products, such as DriveAlert, and to team up with major dealerships like Nissan of Queens and be a part of the solution to a very preventable problem."
Mr. Berman continued, "The Company continues to expand its point of sale distribution through the auto-dealership market with additional contractual negotiations ongoing, around the country. Importantly, we are seeing new distribution and joint marketing opportunities develop within the auto-insurance business. This multi-billion dollar market represents a huge market for distracted driving prevention as automobile ownership and auto-insurance go hand and hand. We believe the Insurance vertical presents significant opportunities for Protext as carriers begin to roll-out new discount programs where insured motorists can qualify for safe driver discounts by installing a permanent distracted driving solution like our DriveAlert product."
DELRAY BEACH, FL, Aug 04, 2014 (Marketwired via COMTEX) - Protext Mobility (OTC Pink: TXTM) (PINKSHEETS: TXTM), a developer of innovative and trusted applications for the mobile communications market, is pleased to announce that the Company's Auto-Dealer distributors are reporting solid sell through and positive initial sales for its distracted driving solution, DriveAlert. Since commencement in the second quarter, the Company's auto-dealer distributors as a whole have reported gross sales directly from DriveAlert in excess of $40,000. Protext has created a turnkey solution for the Auto-Dealers industry, which allows distributors to start increasing dealership revenue per vehicle sold, immediately.TXTM Security Details
Share Structure
CEO States what TXTM does when it was trading at .08
| Market Value1 | $123,275 | a/o Aug 29, 2014 |
| Shares Outstanding | 112,068,325 | a/o Aug 19, 2014 |
| Float | 104,354,116 | a/o Aug 19, 2014 |
| Authorized Shares | Not Available | |
| Par Value | Not Available |
CEO States what TXTM does when it was trading at .08
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| Stopping Texting While Driving, ProText CEO Steve Berman describes his company's new technology |
Key Points
-At 52 week lows post reverse split with only 112 million o/s and 104 million float
-Recent news on contract with gross sales of over 40k
-Bottom consolidation with Wedge pattern
-New website and updated
-Pivot .0018
-Potential .0049-.02
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