AMPD Ventures Inc. C.AMPD

AMPD Ventures Inc. (CSE:AMPD)

[ndiamond]

Nice piece put out by Archer Analyst :

AMPD Ventures Inc. (CSE:AMPD) 

AMPD is an interesting technology company that listed on the CSE last week (October 25). The company successfully completed a go-public financing at $0.35 per share, and has since been trading with significant volume above $0.40 per share, even briefly peaking at $0.60.

The company is comprised of experienced management with historical success in the gaming industry. More specifically, AMPD is one of the few listed junior companies that is monetizing its own data centers. 

As we continue to watch the gaming industry grow, we will also see an increased demand for storage of computing data, meaning a requirement for more data centers. Currently, AMPD has data centers in Vancouver and Toronto, which can serve the North American market.

Furthermore, they are based in Canada which has major cost, tax and data protection benefits compared with the US. AMPD is well on track to become a meaningful ancillary service provider for the gaming market.

We will keep an eye on this company as it grows.

[ndiamond]

The Company has been trading very well over the past week.  Nice to see the upward trend in share price on steady volume.   It's a solid company with an excellent business model.   I expect some great growth over the coming years.    I was told the CEO thinks if all goes well, could be built into a Billion dollar company.   Even if gets to only half

[MoneyShot19]

Where did you hear $1 Billion? is there a link you can post or was that just word of mouth?

[ndiamond]

It was a comment from a friend of mine who know the CEO of AMPD.     So word of mouth - but from a good source.   Very smart management at AMPD.    Certainly capable of building a very sizeable, successful company.

[Hamman1971]

Overpriced IPO now down 40% market cap in a month, yep, very smart managemnet indeed!

[Tpareasy]

This post has been removed in accordance with Community Policy

[HunterST]

Thanks for the info on that, that makes sense as to why people are still able to sell however from what I e read and researched this tech is not going to be flying under the radar long, I also am long and it appears someone is indeed trying to get cheap shares. Be interesting to see what happens in the next couple weeks, the management team from what I've researched (7group) look like these