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Wall Street Grand Report
Company: mPhase Technologies Tech. (OTCBB: XDSL)
Current PPS: $0.0157
We know it's one of the last weekends of the summer and that's why we want to end it with a bang with our new big pick XDSL this week!
It is amazing that XDSL is so cheap! As you can see from Friday's trading the investment community is taking notice and realizing how much of a no brainer this is at these low levels!
One of the main reasons why XDSL started to gain so much momentum going into the close on Friday is because I don't know if you noticed but the company had news right at the close, 3:45 PM to be exact, stating that General Electric, one of the LARGEST companies in the world worth over $157 BILLION, recently announced that as part of its push into high-tech products that it will explore hydrophobic nano-engineered surfaces to improve the performance of other industrial products. Such surfaces can repel a wide range of liquids but be made to temporarily lose their liquid repelling properties using a technique known as "electrowetting." The research will be conducted in the
Nanocoatings Subscale Lab at General Electric's Research Center in Niskayuna, New York.
Sound familiar? You got it! GE is investing into technology that XDSL has been developing for the past decade! This proves how valuable XDSL's technology and patents are!
mPhase has recently received a United States patent for the concept of a porous membrane made from silicon that is capable of controlling the flow of a wide range of liquids, including electrolytes, used in both primary and rechargeable batteries! This is HUGE! The concepts behind the porous membrane are being used in the development of the Smart NanoBattery that is starting to become world recognized!
Think about it ... battery technology hasn't changed in over 150 years yet a little company like mPhase has created a new battery "Smart Nano-Battery" that has never been developed before in world history!
So do you think you should invest into GE a company worth $157 Billion and probably has very little upside at this point (what is it going to go up in valuation a couple billion?) or in XDSL a company that has been developing a new battery technology, investing into smart surface technology for the past decade, received money from the US Army, and has over 10 patents issued & pending attributed to this technology that is only trading for $0.0157 cents!!! The risk to reward for XDSL shareholders is unbelievable!
In our opinion, XDSL has ten times more upside then GE for investors!
mPhase CEO Ron Durando said, "Smaller companies like mPhase do a lot of the initial development of various technologies, and when these new technologies reach the cusp of commercialization, companies such as GE step into the market to leverage their deep pockets and research capacities -- following the trail mPhase and others have blazed. We believe that GE's interest in hydrophobic nano-engineering surfaces is another great validation of our research and adds value to our portfolio of intellectual property."
If you look at the chart history on XDSL you will see how this stock has made huge Triple Digit runs in the past and we think our timing is impeccable before the next big move!
The last two candlesticks formed a Bullish Engulfing Pattern . This is a bullish reversal pattern that marks a potential change in trend and shows a potential breakout starting to form. Make sure to keep your eyes on it Monday morning to confirm our bullish signal. We could see some resistance around $0.019 but if we can break through that we should head way into the 2 cent range.
We expect a big week ahead!
More Updates To Come ...
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