There is good news for the shareholders of HD View 360 Inc (OTCMKTS:HDVW). After the difficult year 2017, the share price is rebounding. A lot of work is needed to be done to get to the 52-week record of $5.00 mark. However, the company is getting some traction.Not only the stock price spiked doubling the money of the shareholders, but the trading volume was also astonishing. More than 600 thousand shares changed hands, which shows that the market interest is back on HDVW.Before we go on, check the price action in the following stock chart: The 1-year chart for HDVWHD View 360 IncHD View 360 is headquartered in Miami, Florida. It is an Internet Technology company. Its activities include security cameras, cyber security, network infrastructure, and Voice over IP telephone service. HD View Products - HD View 360 Inc OTCMKTS:HDVWAdditionally, we checked the company materials and found the following subsidiaries:- HD View Quick Fix Inc. is an installation company and a subscription-based rapid response entity for computer/surveillance equipment repairs.- HD View Technologies Inc. is a credit card/debit card merchant processor.- SimpleFone Inc. is focused on telephone switch and sale/lease of telephone equipment and telephone service.What's our take? The company is trying out different activities to find a profitable business. It is already making a good amount of revenues. But, let's say it this way. It is not a cash cow yet. However, it is an interesting play, because if it pushes the right bottom, revenues could skyrocket. It could take some time, but it could make it happen with proper financing. This rationale brings us to the next question.Has HDVW enough financing to keep the innovations running?Yes, we will see later that HDVW is quite liquid. The balance sheet is rich in cash and assets.Has the company already found a profitable business?That's the most interesting. Judging by the bull action in HDVW’s stock price, the company found a profitable business. HDVW has been in talks with several Blockchain Technology companies. But, before we provide the tastiest details, let's revise the previous developments.HDVW's reaction to the bad stock performanceIn August 2017, the demand for the stock seemed to disappear. Market participants lost the interest in the company. Consequently, the price declined. The reason behind the retracement was not the operational performance of HDVW. We could not find any single press release announcing bad financial figures.It interesting to check the reaction of the company to the bad financial performance. The company cannot control the price but can react to it. Let's see what HDVW did.In November, right after the value erosion, the company reacted correctly. HDVW rapidly communicated the completion of three extensive IT installations at several European Wax Center locations across the northeast. It calmed the fire in the market. The share price stopped collapsing. Additionally, the volume of the stock increased. These are all good signals.Additionally, the company mentioned shareholders:
"Our solidified business relationships in the franchise market have grown our brand recognition exponentially. This has not only lowered costs for our clients but makes us a very lucrative investment option for new shareholders," added Dennis Mancino, HD View 360 CEO.
In November, there was more.The company completed a new IT installation at a PIZZAFIRE location in Fort Lauderdale, Florida. The services included commercial audio & video equipment, firewall setups, credit card terminal implementation, setting up VOIP phone services among others.The management was smart. It found the way of stopping the share price collapse.How?The most important for the market is the expected revenues. Thus, the company released the installation of several IT installations, which should increase the next quarterly revenues. These announcements were key. They stopped the share price decline. Well done.Exploring options in the Blockchain TechnologyThe best was still to come. The company recently decided to innovate. It entered into conversations with Blockchain Technology Companies. SimpleFone, which is subsidiary of HDVW, will be in charge.
"We are having several discussions with Blockchain Technology Companies that would work side by side with us in developing and implementing this for SimpleFone's platform. By activating this technology in our strategy, HD View 360 is continually positioning SimpleFone to offer the best VoIP platform in the industry." SimpleFone and HD View 360 CEO Dennis Mancino
What now?The announcements regarding this exciting new sector could arrive soon. We will need to be ready to assess new information. So far, we know that SimpleFone has already secured a data center in Miami. Additionally, the company's VoIP encrypted phone switch can receive up to 100,000 phone lines simultaneously. With this technology in place, HDVW should be soon sending news about SimpleFone's performance. New information could make the share price run. Be alert.ConclusionCurrently trading with a market cap of $10 million, HDVW is an exciting story among small caps. The financial situation is also quite stable. With $0.25 million in cash and only $0.07 million in total liabilities, the balance sheet is strong. Additionally, the revenue growth is remarkable. In two years, the revenues have gone from $0.2 million to $0.9 million. Don't get the calculator. Only keep in mind that the growth is 350% in two years time.On top of it, HDVW is a low float runner. There are 10 million shares outstanding. The float is equal to 0.3 million shares. So, volatility can be expected.To sum up, there is a lot to check on this name.We will be updating our subscribers as soon as we know more. For the latest updates on HDVW, sign up below!Disclosure: We have no position in HDVW and have not been compensated for this article.Image courtesy of descryptive.com
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