Morning all, 

As if we didn't already have an ideal setup to work with this morning, TRKK just dropped some major news that is sure to get traders even more excited today.

You have to read it below, it is really impressive, but in short, they just announced the delivery of project involving a NYSE listed company, Globstar, Inc (GSAT), check it out...

Orbital Tracking Corp. Enters Final Stage of SPOT Gen3(R) Messenger Rollout at UK's Forestry Commission

Company and Globalstar Continue to Support Growing Government Business in the UK

AVENTURA, FL--(Marketwired - April 18, 2016) - Orbital Tracking Corp., (TRKK) (the "Company"), a leading global provider of Mobile Satellite Solutions (MSS) for satellite based communications and asset tracking, including ground station construction, specialized engineering services and product design, announced today that it has completed final delivery and setup of new SPOT Gen3 messengers for the UK Forestry Commission as part of its partnership with Globalstar (NYSE MKT: GSAT).

The SPOT Gen3, is a small, rugged, pocket-sized GPS based tracker designed for use in remote locations, allowing the user to email or text pre-arranged messages to designated family or friends. Under terms of the sales and support contract signed in February by Orbital Tracking Corp's Global Telesat Communications (GTC) subsidiary, Globalstar and the UK Forestry Commission, up to 550 of the devices will be used by the Forestry Commission to enhance the safety of its staff when working in areas with unreliable mobile phone and radio communications. In an emergency situation, lone workers can press a single button on the SPOT Gen3 to alert emergency services via the GEOSInternational Emergency Response Coordination Centre (IERCC).

"This recent contract is further proof that Orbital's partnership with Globalstar has positioned us for long-term success in our global markets," stated Mr. David Phipps, Chief Executive Officer of Orbital Tracking Corp. "Our ability to deliver leading solutions such as the SPOT Gen3 from our strategic partners combined with our global network and customer support capabilities are critical growth drivers for our company. As a leader in MSS product sales and services including communication and asset tracking solutions, we look forward to continued success in working with partners like Globalstar and to expanding our global footprint, allowing us to deliver value to our customers and shareholders."

Globalstar is a leading provider of mobile satellite voice and data services, leveraging the world's newest mobile satellite communications network. Globalstar has more than 688,000 customers in countries around the world. Orbital Tracking Corp., through its GTC and Orbital Satcomm units, have a combined customer base of more than 12,000 individuals and organizations, including government agencies, police and fire departments, drug enforcement agencies, disaster relief organizations, security forces, military, defense and surveillance industry users. Orbital Tracking Corp has global presence in more than 11 markets including North America, the EU, Latin America, Africa and Asia.

Orbital Tracking Corp operates through two subsidiaries; US-based Orbital Satcomm and EU-based Global Telesat Communications. The Company provides global distribution of a wide range of portable satellite voice, data and tracking solutions which provide communications services in areas of the world where land-based communication networks do not exist or are limited.

Read in full at http://finance.yahoo.com/news/orbital-tracking-corp-enters-final-120000563.html

All the best today.

Shiznit


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Hello fellow investors / traders,

 

Coming off a solid 30% winner on Friday we want to start this very busy week with a major splash, and what better way than with a super low float play and chart that looks ever so ready to bounce.

TRKK has an extremely small market cap of just $1.7m and an ever so tiny float of just $200k - that's right, there are only 2.6m shares in the float of TRKK. 

With a beaten down chart and a significantly oversold RSI reading of around 25, if even a small amount of buying comes in, TRKK could bounce in a major way back towards its 50 and 100 day moving average.





Just a couple weeks ago TRKK announced its full year 2015 financial results, some of the highlights include:

• TRKK currently services more than 5,000 existing customers in the international marketplace
   
• The Company continued to execute on its strategic growth plans focused on international expansion with the launch of new retail operations in the US, Japan and Mexico.
   
• For the year ended December 31, 2015, consolidated revenues increased by 63.2% to approximately $3,950,600 from $2,420,600 reported for the year ended December 31, 2014.

Orbital Tracking Corp. (TRKK) provides satellite based tracking services as well as mobile voice and data communications services globally via satellite to the commercial and government users.

TRKK specializes in services related to the Globalstar satellite constellation, including ground station construction, simplex tracking services and satellite telecommunications voice airtime.

The company operates various e-commerce retail and tracking portals where users around the world can purchase satellite hardware and track assets in real-time on mobile devices or PCs from anywhere in the world.

To learn more about TRKK, visit their website http://www.orbitaltracking.com/


And here's something that appears to have escaped the attention of the market... Just over a week ago, GuruFocus.com published this article which outlines billionaire Dr Phillip Frost's investment into TRKK.

According to the article, the Mobile Satellite Services (MSS) space is growing rapidly, as the necessity to transmit data to and from remote regions increases. Industries like oil and gas exploration, global shipping and mining all demand this necessity, and the growth reflects heightened activity in all these spaces.

In 2014, analysts put the global MSS market at $3.45 billion. By 2019, the same analysts expect this to increase to $5.62 billion annually - a 63% increase across the period.

The global asset tracking market (which is dominated by satellite systems such as that which Orbital Tracking retails) reveals similar high growth expectations. It's currently growing at a compound growth rate of 20.5%, and analysts expect it to be worth an annual $18.87 billion by 2020.

It's a high growth space, from which billionaire Dr Frost is looking to take advantage of this growth with this allocation.


So it seems the "stars are aligned" for TRKK right now.

The company is attracting major investment from billionaires, annual revenues are increasing significantly, the company's key market is growing rapidly, TRKK's float is tiny and the chart appears to be significantly oversold.

We think there could be a major bounce on the cards for TRKK, and given its tiny market cap and float, this bounce could lead to an epic squeeze higher - a push towards its 50 or 100 day moving average.

With a push back to its short term 50dma, we're talking 300-400%+ upside potential.

Do your DD now and be ready for the action in the morning.