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.
Market Cap: $4,703,453
Outstanding Shares: 65,325,740
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.
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.
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