NIHK Out With Major News Today!
Nighthawk Systems Inc. (OTCBB: NIHK) is out with major news today.The company recently received a 1,500 set-top box order and expects 2008 set-top box sales to surpass $8,000,000. For a company that logged less that $1M in revenues during the first three quarters of 2007, that figure is nothing to scoff at.
The order is from one of the world's largest hospitality broadband service providers and is a follow-up to a previously announced order for 4,200 units that NIHK has been shipping on for the past few months.
With the company's traditional remote disconnect business growing like never before and set-top box revenues expected in the $8M range for 2008, we could be looking at a seriously undervalued company here in the near future if everything goes as planned for management
Labels: IPTV, Nighthawk Systems Inc., NIHK
posted by "Staff" at
12:27 PM
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