Daily Pick for 12/5/16

Welcome to the Daily Picks! Where Uptick staff looks for new companies to feature, giving readers the opportunity to find new possibilities for their investment portfolios. 

 

IMTL: Image Technology Laboratories, Inc.

IMG_1649

Market Cap: $4,703,453

Outstanding Shares: 65,325,740

Float: N/A

Notes from the Editor: Image Technology Laboratories, Inc. (OTCPK: IMTL) announced today a 338% increase in revenue for 3Q16 in comparison to 3Q15. The company reported $299,024 for 3Q16 versus $88,563.00 in 3Q15.  IMTL has $1.65M in debt, but if the company continues to see an increase in revenue and control their operating expenses, they could very well be profitable.

Recent News:

Image Protect Inc. Reports Record Revenue for Third Quarter 2016

Image Technology (OTC PINK: IMTL) reports top line revenue of $299,024 third Q3 2016 versus $88,563.00 Q3 2015, this represents a 338% increase over the previous quarter of 2015. The Quarter represented various highlights.

Key Highlights:

Company is in the process of uploading over 50 million images for Copyright Infringements.

Company opened Copyright Infringements in 13 countries worldwide compared to 2 in 2015.

Company began a complete software upgrade because of increased customer demand.

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Source: Uptick Newswire