CommerceTel (OTCBB: MFON) is an award-winning provider of proprietary mobile marketing technologies and the inventor of C4, a unique, enterprise-grade platform empowering brands to engage mobile consumers via multiple channels. SmallCapNetwork.com contributor John Udovich took a close look at MFON to help answer the question,
“Should you consider cloud computing stocks like MedAssets (MDAS) and Active Network (ACTV) or mobile marketing stock CommerceTel Corporation (OTC: MFON)?”
Udovich notes that “CommerceTel Corporation has obtained a patent for an invention that exploits the capabilities of smart phones to authenticate the identity of a user – giving the company a foothold in the global cyber security market which is forecasted by Global Industry Analysts to grow to an $80 billion industry by 2017.” He also points out the MFON “has already secured well known companies or brands like CNN, Disney, Sony Pictures, AT&T, Verizon, USA Network, the Golf Channel, NBC Universal and numerous professional sports franchises as customers for their existing customers,” and that former PayPal and BlueRun Ventures CFODavid Jacques recently joined the company’s board of directors and will serve as chair of the audit committee.
He concludes that investors “with a stomach for risk” should definitely take a look at MFON.