CNLG just announced HUGE NEWS that they’re receiving advance orders for its PDR systems and other communication equipment valued at over $1,900,000 with deliveries to be scheduled over the next fiscal year.
Chairman of Conolog Robert Benou stated, “We are gratified that our new products and legacy components are increasing in demand.”
Benou added, “The Company will continue to control its production efforts and look forward to the production and marketing of our ‘Glow Worm’ and the design and introduction of the CM100 Multiplexer.”
CNLG already hit a high this morning of $3.73, up 77% from Friday’s closing price of $2.11! CNLG is currently up about is 50% to $3.17 but looks like it needs to settle before moving higher after gapping up so much from this massive breaking news.
This is unbelievable! Remember, CNLG is a Nasdaq stock and yet it is performing like a small cap because of its insanely small float of only 1.1 MM shares! Our call was right on the money! Who know’s how high CNLG can go with this small float and undervalued market cap!?
