Rekor / Novume / Openalpr Stock Price Up 500%+

In March, OpenALPR was acquired by Novume. Novume stock then traded at ~70 cents. Now, the company renamed Rekor is trading at just under $4, chart:

Market cap is now ~$75 million.

We do not hold positions nor recommend but that's quite a wild ride. Indeed, one IPVM member bought their stock at 70 cents and regularly updates us if this news.

It's a small company so still lots of risks but interesting path so far.

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**** ** ***** **** recent ** **** **********, excerpt:

******* *** *** ** much *** ****** *** still ****.

*** **** **** ********* are ****** *** * suspect **'* ******* ** prospects *********** *** ******** ******* their ******.

 

* *** ******** ***** research **** ****** **** Dan's ******* * *** months ***. ****** ** around .** *** **** right ****** *. ********** out ***, ***** ****** be * ***** ******** coming.

*** **** **** ** driving *** ***** ****** either. ******** *** ** should ** ****** *** soon. 

*** **** $*, ****'* quite * ****!

* ***'* ********** **** is ************ ******* ****.

**** **% ***** ** far. * ***** ***** the ********** ********* ****** be ********* **** $*, but **'** ***.

*** **** ** * wild ****, **'* *** down ***** $*:

**********'* ** ********** **** released, ******** ******* *** disclosed *** *** ***** time:

****** *** ***** ****** ended **** **, **** total ******* ************ ** OpenALPR *** ************* $***,*** compared ** ** ******* recognized ** *** ************* ****** ** ****.

** ****'* * $*.* million ****** ***-****, *** 'no *******' ***** ** part ** ***** ***** they **** ******** **** year.

* **** ** **** how *** ******** *** but * *** ******* in ******* *** * small ******* **** ** real ********** ****** ******* reasonable ** **. 

** *** **** * wild **** *** ****, however *** *** *** down *** ****** ** well *****.  *** ******** of ***** ** **** by ********, ****** **** institutional ********* ** ** is ********* ** *** a *** ** *** real ***** ** *** company.

** *** ********'* *******, this ** *** ****** information ** *** **** here:   *****://***.***.***/********/*****/****/*******/******************/*******************.***

******** *** **** *** employees **** ****- ** 2018 ***** **** **** the *** ************. ******/***** paid ***-*** ******* ** 2018 ** *** ******** the ***** ***** ***** was **** ** *** purchase ***** *************... *** bad *** ** **** salesforce.

**** ***, **** **** they *** * ******* in ******* ** **** and *** ******* ** 60%:

*** **** **** ** that ***** **** *** then? ****'* ** ********** growth *** ****** ****.

** ** *** ******* to ** **** ******* recognition (******* ** *****/****, comparing **** ****** **, etc.) *** *** ******** reached *** ** **** on *** *** ***** the ***** ********. ***** we're **** * ~***** software *******, **** *** not **** *** ********. Here's *** *****:

******. ** *** ********* in *** ****** ** standing ** *** *** partner ******. ** **** time *** **** ** able ** ***** ** become * *******/********. ** expect ** *** **** up ** *** **** few *****.

****** ***** **** **** us ** * ****** of *****.

***** ******.

****

*** *** *******...**** ******* potential ******** ** ** away *** * ****** of *****. *** ***** - ***** ****. *** 'I'll *** *** **** asap **** ********* ******* or ....'. ****'* ******** sales *** ********. ** tells ** **** ******* with **** ***** **** be ****, ** ** thanks.

** ****** **** ****: "*'******* **** **** *** in * ****** ** weeks"... ******** * ** not ******** **** **...*** response ** *** *** to *** ** *** "tire *******".

* **** **** ******** trying ** ****** ** authorized ****** ***** * saw ***** ***** ** ISC **** ****. * was ** ******** ************* with **** ******* *** Erik ******** ***** *** they **** * ******* portal ** **** ** can ***** *** **** business ** **** ***** way *** ********** ********.

**** **** ** * lot ** **** ** how ***** ******* ****** is ***** *** ** and *** **'* ***** to **** * *** more *****, *** **** said **** ******** ***** over ******** ******, **** on *** ***** *** via *****. **** *** email ********* ***** *** numerous ******-*** * ****:

**/**/**: "**** *** ********* finishing *** ****** **** our ****** ******* *** rebrand. **** **** **** We **** **** *** finalize *** *** ******** agreements."

**/**/**: "***** *** *** your ********* ********. ** we ********* ** *** finalizing ******* ********** *** should ** **** ** send **** **** *** in *** **** **** or **."

**/**/**: "** *** ******* on *** **** ****** and ** ****** ** up ** *** *** of *** *****."

**/**/**: "********* *** *** confusion, ** ** *** a **** ***** ******* company ****** ****** **** quickly *** *** **** to ***** ******* ** our ******** ****** **** reach *** *** *****. For **** ****** ** will *** ** ****** on *** ******** ** resellers."

* ***** **** ******* and ***-***** *** *** looking *** * ******** similar ** ********, *** we *** ********* *** going ** **** ***** by ******* **** ** openALPR ******* ******* *********** for *** ********. *'* rather **** **** ******* LPR ********.

*******, ****** *** ******* this. *****, ** *** not ******* ******. *** of *** ****** ****** about ***** ***** *** got ******* ********.

******* ***** *** ******** (API *****) ** **************, *** *** **** to ***** **** ***.

***** ** **** ************** ********, ******** ******* actually ******* ******* **** quarter *** ** **** over ****'* ***-****:

****** *** ***** ****** ended ********* **, ****, total ******* ************ ** OpenALPR *** ************* $***,***.

***** ***** ** *** down ** ****** $*, down ****** **% ***** after ******* **** ********:

**** * **** ** money *** *** ***. Looks **** * *** right ***** *** $* price *****.

**** ********** *** **** of ****** **** *** for **** *******. **'* a *****, ******* ***** product ** *********.

***** ** * ******* to ****** ****** **** as ********* ** ***** school ********** ************ ******** FIRSTSight (***** ********* ****** ************ of **********(**) ********** ************ Analysis ******** *** ***** Warning ****** ********* *** Identification ****** *******). *** **** ******** see * ****** *********** offering ** *** ****** and **** **** ******** (Like ********'* ********) ** well. * ***'* ***** with **********'* ******** ** raise ******, *** ** I ***** ******** * turnkey ******** ******** *** smart ******* *** ******* lacks *** ******* ** system **********/********** *** **** no ***** ** *** recurring *******.

***** ** **** ~**% today ***** ********* ******* were ********:

IPVM Image

**** ******* ********* ******* ************, **** ******* ** 58% ** **. *** sure **** ** ******* this, *** ******* ****** might ** *** ****** expected **** ****** ******, not ****, **** * quick ****.

******* ** ******* *** pessimistic *****, ** ** might ** ****. ****, the *********** ****** ** be -*.** *** *****; they **** ** * -0.19 **** *** *****, so **** ****** *** estimates.

**** **** * **** later, ** ** * $7 * ***** ***, rollercoaster *** *** ************* up:

IPVM Image

** ***** ***. **** of ******* ******* ***** on **** *****.