After news as hot as a vindaloo chicken curry, the penny stock of Thinspace Technology, Inc. (THNS) is set to start of the first trading session of February as red hot as the famous Indian dish. Blasting out premarket that PVR Cinemas, the largest and the most premium film and retail entertainment company in India, has chosen Thinspace TSE for cost-efficient application delivery over the competition, shares of the global provider of reliable, scalable and affordable application delivery, virtualization, and cloud client technology to public and private sector companies and organizations of all sizes should light up. Although shares of THNS stock haven’t broken past 0.25 since June, this “bump” onto already incredible revenues could be the missing ingredient needed for a the bulls to come out.
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Thinspace Technologies is not your typical OTC listed company. Dealing in an industry where generating revenue is as difficult as any other, the Company is due to report their earnings for the three months ended December 31, 2014 and the numbers should really add up.
Revenue was $2,322,170 for the three months ended September 30, 2014 compared to revenue of $411,606 for the three months ended September 30, 2013. Overall, the Company’s revenues increased 464% for the 2014 period as compared to the 2013 period. The increase was primarily attributable to the delivery of a large order during the 2014 period (representing approximately 76% of revenue) as well as the introduction of new products and the results of increased marketing activities.
Revenue was $5,700,775 for the nine months ended September 30, 2014 compared to revenue of $984,135 for the nine months ended September 30, 2013. Overall, the Company’s revenues increased 479% for the 2014 period as compared to the 2013 period.
Thinspace principal activity is the development and sale of network software. The company has 5 key products:
● Thinspace TSE – a simple management solution for Microsoft remote desktop users.
● Thinspace OneGate – allows secure remote access to applications and data from outside of the corporate network.
● Thinspace Universal Client – provides access to applications or Windows desktops from iPad, iPhone or Android tablet or Smartphone.
● Thinspace Pano – The Pano is a Zero Client that replaces traditional desktops, allows secure fast access to hosted virtual desktops.
● Thinspace Client– A branded hardware Thin Client solution aimed for the enterprise and corporate market.
The news today was almost as huge as the amount compensated for THNS awareness. For those on the hunt for the one of the top 10 penny stocks to trade today, one might look as close as THNS stock before trying to swing AMLH before APS eventually dumps out.
For those looking for some quick due diligence before buying into THNS stock: during November 2014, Thinspace Technology issued 2,500,000 shares of common stock upon the conversion of notes payable in the amount of $78,125. That works out to be $0.03125 per share.
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About THNS Stock
Thinspace Technology, Inc. a cloud computing company that develops software productivity solutions that allow our customers secure access to centrally managed desktop or software applications and to work and collaborate from anywhere, accessing enterprise apps and data on any of the latest devices, as easily as they would in their own office- simply and securely.
Click here to view the SEC filings for THNS.
Click here to view the website for Thinspace Technology.
Issued and Outstanding: 99,398,536
Last 5 Trading Sessions:
It’s going to be impossible to dethrone Ekso Bionics Holdings, Inc. (EKSO) as the top traded penny stock on the OTC today, but THNS should end the session up in the top 10 list. With an obvious push for THNS to break past .20 as an indicator that it’s truly running, there’s a much better chance to flip for a dime or better percentage gains than there is to see even half that amount from APS’ AMLH pump.
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