HotOtc Featured Company: Smith Micro Software Inc. (SMSI) Finds that with Development Expenses Out of the Way Future Profits Can be Expected
Smith Micro Software Inc., a wireless communications software provider, offers wireless software for cellular systems that operate on multiple platforms. The company has solid contacts within the wireless marketplace and appears to have little comparable competition within the market. There are others offering products to the wireless market that perform the same tasks as Smith Micros’ but none are quite comparable to what the market is asking for. The company expects to be profitable in the second half of 2008 after recouping development costs incurred in the first half of the year. The company had several onetime charges and a…