I have just begun working with Phantom Fiber Corporation (OTCBB: PHFB) as their Investor Relations and Capital Markets Advisor. The Company is a software developer of applications for the mobile space. They are involved in bulding software apps for a number of industries including: Financial Services, Gaming, Medical Records, Logistics and many more.
The founder of Phantom Fiber, Jeff Halloran, is a seasoned veteran in the software space, particularly in the banking sector. was one of Larry Ellison's first employees (employee #6, I think) at Oracle (NASDAQ: ORCL) and helped to develop Oracle's international consulting business.
While completing a enterprise solution for one of the largest banks in Canada, Jeff and his team recognized a major shortfall in the way that software applications were being addressed when "real time" mobile applications were required. Mobile applications relied on a specific network carrier and had delays that were not compatible with performing transactions that need to be "real time". Phantom Fiber developed applications that solve this delay issue and work directly with the customer and their client base of users.
They have a very impressive client list and are partnered with some of the leading companies in multiple industries. They are already the dominant firm in the online gaming sector and are working diligently to become the dominant player in banking and financial services. Banking transactions, brokerage trading, currency trading, etc. etc. are all in the near term pipeline.
I have prepared an Investor Fact Sheet that is currently being reviewed by the Company and I will have it available at www.firstcapitalinvestors.com as soon as the Company's approval.
The Company has a very low number of shares outstanding with only 19M and about 70% or so of that is held by restricted insiders. Not a lot of stock in the float and I don't expect the stock to stay at its current levels for very long. Once some eyes are put on this stock, I expect that we will see a nice price appreciation.
DISCLOSURE: I have a contract with Phantom Fiber to provide advisory services. I receive a monthly fee for my advisory services and I own stock and warrants in the company as part of my compensation. I am currently acquiring shares in the open market for myself and my clients.
