AI News, Gopher Protocol Inc artificial intelligence
Gopher Protocol to Present at Swiss Growth Forum Event in Davos, Switzerland
By focusing on software and chip design, Gopher Protocol is developing a portfolio of intellectual property that is targeted to enhance IoT, wireless mesh networks, blockchain enablement and applications platforms in order to increase network communications performance, knowledge, analytics and security. About Swiss Growth Forum Swiss Growth Forum is a sector leader in specialized IR services for ICO's and Blockchain companies including International forums, multi-country institutional investor roadshows, and specialized media including the recent launch of the International ICO Channel in partnership with Jon Najarian of CNBC and Najarian Family Office.
Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Gopher Protocol Inc (OTCMKTS:GOPH) Rises From The Dead
That is the big question given that the stock finds itself in a precarious position after shedding more than 80% in market value from record highs of $4.85 registered last year.
Gopher has felt the full force of short sellers over the past year having seen its sentiments edge lower triggering a ferocious sell-off wave. The management has since responded to the sell-off, by reiterating the company’s growth prospects.
GOPH price analysis For starters, the company is in the final development of a prototype mesh network it’s been working on. The company has also commenced the development of the Gopher Avant AI mobile app that is to complement previously announced web-based applications.
The stock starting to climb the ladder attests to investors taking note of the string of positive developments that affirm the company long term plans. The stock has since rallied by more than 70% since the start of the year as the upward momentum continues to gather pace.
Any sell-off followed by a close below the critical support level could open the door for short sellers to come back in and continue pushing the stock lower.
“The key factors in consideration for our system are quality and reliability of the wireless nodes that comprise the network, and we are performing all the necessary checks in order to ensure secure and accurate communication.
One of Avant’s future features is a customer support/informational agent for businesses and institutions to be able to deploy an online and mobile application oriented customer service informational interface,” Gopher Protocol in a statement.
- On Saturday, December 14, 2019
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