Goldman Small Cap Research states “New Product Could Displace Skype”

[wereli]

You have got to read this Report on Chitrchatr Comunications,

-“…we believe the stock will be driven toward our $3.75 price target...”

-“...ChitrChatr UUCP will offer competitive long term advantages that could lead to the displacement of current, non-app integrated popular tools such as Skype or Whatsapp which have at one time or another been valued at over $1 billion...”

-“...Mobile VoIP Minute Growth Is Forecast to Grow From 15 Billion → 470 Billion in 5 Years...”
-“...Juniper Research forecasts worldwide mobile VoIP application minutes via 3G growth from just over 343 million minutes in 2010 to 30 billion in 2015, and mobile VoIP minutes carried on 3G and 4G networks will increase from 15 billion in 2010 to a whopping 470 billion in 2015...”
“…In our view, CHICF could ultimately be worth hundreds of millions since the ChitrChatr UUCP will offer competitive long term advantages that could lead to the displacement of current, non-app integrated popular tools such as Skype or Whatsapp which have at one time or another been valued at over $1 billion. As new users are signed up and development milestones are reached, we believe the stock will be driven toward our $3.75 price target…”