$3 Million Annual Market Opportunity for GroveWare Technologies GROV- for Paperless County Government Solution on Apple iPad
(Groverware Tech, Ltd.)This is a quick followup to the alert that we released last night on GROV. It seems like some great news has been released about them this morning, making this play look even more interesting than we had originally thought.
Just in case you missed last nights e-mail alert for grov, you can check it out here:
The news released this morning talks about how the GroveWare team showcased the power and capabilities of new and powerful moving technologies that can help municipalities save money and operate in greener environments, all while delivering business efficiencies by eliminating paper use throughout the county.
The potential for GroveWare in municipal markets is ENORMOUS, wich a market size of 3140 county governments within the fifty states, with an average 68 counties per state that are overwhelmingly paper based, there is between $3,000,000 - $5,000,000 in potential annual revenues for (grov).
Read the full news release here:
All in all, we believe that based on this news, this stock is looking even more interesting, and we will definitely be keeping track of this one, and you should, too!
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