DECISIONPOINT SYSTEMS, INC.
Decision Point Email List: Click to Subscribe
View Company Website: Click to View
Report Link: Updated Research Report (Dated 06/16/2015)
Analyst: John Nobile
Taglich Rating: Neutral
Price Target: NA
Time Horizon: NA
Rating Established: February 14, 2013
Price When Established: $1.00
Most Recent Report: June 16, 2015
Price When Issued: $0.23
DecisionPoint Divests of CMAC
On July 8, 2015, DecisionPoint Systems, Inc. (OTC QB: DPSI) announced the disposition of its wholly owned subsidiary, CMAC Inc., based in Alpharetta, GA, effective June 30, 2015. The purchase price was $650,000, which the buyers (Bryan E. Moss and Bryon M. Allen) paid by the assumption of accrued liabilities and accounts payable of CMAC Inc. DecisionPoint anticipates writing off approximately $1.1 million in goodwill and intangible assets relating to CMAC in 2Q15.
DecisionPoint Systems is a provider and integrator of business mobility and wireless systems. The company designs, deploys and supports mobile computing and wireless systems that enable customers to access enterprise data at various locations (i.e. the retail selling floor, warehouse loading dock or on the road making deliveries).
Company ReportsUpdated Research Report (Dated June 16, 2015)
Updated Research Report (Dated April 17, 2015)
Updated Research Report (Dated December 3, 2014)
Updated Research Report (Dated June 19, 2014)
Updated Research Report (Dated April 14, 2014)
Updated Research Report (Dated December 20, 2013)
Updated Research Report (Dated June 7, 2013)
Updated Research Report (Dated April 26, 2013)
Initial Research Report (Dated February 14, 2013)
The information and statistical data contained herein have been obtained from sources, which we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to changes in figures or our views. This is not a solicitation of any order to buy or sell. Taglich Brothers, Inc. is fully disclosed with its clearing firm, Pershing, LLC, is not a market maker and does not sell to or buy from customers on a principal basis. The above statements are the opinion of Taglich Brothers, Inc. and are not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. There may be instances when fundamental, technical and quantitative opinions contained in the reports are not in concert. We, our affiliates, any officer, director or stockholder or any member of their families may from time to time purchase or sell any of the above-mentioned or related securities. Analysts and members of the Research Department are prohibited from buying or selling securities issued by the companies that Taglich Brothers, Inc. has a research relationship with, except if ownership of such securities was prior to the start of such relationship, then an Analyst or member of the Research Department may sell such securities after obtaining expressed written permission from Compliance. All research issued by Taglich Brothers, Inc. is based on public information. Taglich Brothers, Inc. has an Investment Banking relationship with the company. In December 2012, Taglich Brothers Inc. served as the exclusive placement agent in private placements of convertible preferred stock for the company. The company prepaid a monetary fee of $4,500 (USD) in January 2013 for the creation and dissemination of research reports for the first three months. After the first three months of publication, the company will pay a monthly monetary fee of $1,500 (USD) to Taglich Brothers, Inc., for a minimum of twelve months for the creation and dissemination of research reports.