TUCN - Does the market know something we dont?

We're banging our heads together here at the Factory trying to work out what the market knows that we don't. The SP hit a $0.03 low yesterday giving the company a market cap of 75% of last year's sales - wow!

I guess it is kind of frustrating that there seems to be little shareholder confidence in the company. Q1 granted was a bit of a slowdown, but compared to other public players in the market, the numbers were down similar amounts for the period.

We delivered nothing but good news throughout 2010 and the future looks brighter than ever. We're working on some new OEM contracts in the USA, one with one of the world's largest furniture manufacturers, there is some B2B interest at retail level in the products with well known stores and we've just expanded into Puerto Rico with Dreyfous Associates. http://eduplatform.net/

In Europe we continue to work with the "big H" (see 10Q if you dont know who we mean) and we are pursuing new partners in France, Slovakia, Italy and Cyprus, just to name a few that have recently requested samples of our products.

We're confident of our future

Andi

Busy Times at TUCN

It's been a couple of weeks since the last post, but busy times at TouchIT Technologies. The Investor road-show this week in NYC was great fun. We met a series of institutions, brokers, high net worths and explained what we do and our vision for the future. Very positive feedback. Let's hope they liked the story and want to buy some stock.

The quarter results posting was a little less pleasing than normal, but the markets and the boards seemed to react ok to it. It is annoying as this is the first piece of not so great news that we have had to put out - it is always much more fun to be putting out the good news, I think we need to get back to doing that!

It was great to meet our customers up in Madison, WI this week. The USA buying season has just started to it was interesting to hear about the pipeline and the projects that they are working on.

That's all for now

In NYC 16th and 17th - Investor Meetings

It is now confirmed that both Andi Brabin and Ronnie Murphy will be in New York City on the 16th and 17th of May, with Cooper Global Communications for various investor meetings. If you are interested in meeting with management, then this is a great opportunity. Please contact Ricardo at CGC, "Ricardo A. Garcia" rgarcia@cgc-us.com to organize an appointment or join one of the meetings.