virtual pbx now on mnf website, page-3

Hi Standup,

Houses aren't that safe anymore lol, but MNF are making profit.

Interesting to note that Apple in the US is sitting on USD$30Billon Cash and earning USD$1billion per quarter.

The Telco industry cannot be discounted anymore. The VoIP market is growing exponentially and MNF is company that is making profit now and saving a tonne for its clients when compared to the costs of the majors.

Their impact on the SME and SOHO market via the Virtual PBX combined with the Naked DSL rollout will put MNF on the radars of the Telco analysts.

They have a 60,000 client base to market to now which is a very valuable asset imo.

Revenue $7.5million, cash flow positive, zero debt with 60,000 clients and growing. Wholesale charges and port fees comprise a big chunk of expenses. If taken over by a major, these costs would be significantly cut imo.

MNF has by far better fundamentals than FRE or ENG. Awaiting MNF's initial feedback on the success of the Virtual PBX and DSL before a very big re-rating imo.

The most recent quarterly proved a very important turning point for MNF.

Cheers,
The Sparkler