LDSR - LandStar Inc. Shares to Move Higher on New Partnerships Acquisitions and Customer Orders
BALTIMORE, MD / ACCESSWIRE / February 13, 2019 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has released a new research update on emerging cybersecurity provider LandStar, Inc. (OTC PINK: LDSR), highlighting recent events and potential future share price valuations. To read this update, listen to/view recent LandStar podcasts, reports and updates, along with disclosures and disclaimers, or to download them in their entirety, please visit http://www.goldmanresearch.com.
LandStar, Inc., through its wholly owned subsidiary Data443TM Risk Mitigation, Inc., enables secure data - across local devices, network, cloud, and databases - at rest and in flight. ClassiDocsTM, the company's award-winning data classification and governance technology. According to a recent report issued by Cybersecurity Ventures, global spending on cybersecurity products and services is expected to exceed $1 trillion cumulatively over the next five years.
In the Goldman Small Cap Research Opportunity Research Update, analyst Rob Goldman offers key insights into valuations for the Company and its peer group.
Goldman noted, ''On the heels of the just-announced ArcMail deal and a flurry of customer renewals, we envision markedly higher valuations for the stock. This dovetails with moves by its peers who have raised their top-line estimates and are now enjoying higher valuations. For example, based on a peer valuation analysis in our update, every $2M in projected revenue in 2020 is worth at least $16M in value for SaaS cybersecurity companies such as LDSR, on a go-forward basis. That figure is key considering the current estimated market cap is around $11M.''
''In our view, the ArcMail partnership structure is a winner,'' he further commented. ''There is tremendous synergy between the Company's ClassiDocs, ARALOC and ArcMail platforms. Plus, the structure of the transaction ($2M in rev/option to acquire the firm in stages) is a great deal for shareholders. LDSR benefits from $2M in revenue this year with virtually no associated operating costs---the deal would be less profitable in an outright acquisition, today.''
''Still, LDSR is not finished yet. As hinted during the quarterly calls, we believe several acquisitions are in the offing which will add revenue and profit to LDSR. Thus, the Company remains on track to achieve a $40M or greater annual revenue run rate in 2020, which, if achieved, would blow away our current, near-term price target,'' remarked Goldman.''
About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.
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This press release contains excerpts of our most recently published sponsored company research report on LandStar, Inc. which carries a rating and a price target. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from LandStar, Inc. (''the Company'') authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
Separate from the factual content of our report about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.
A Goldman Small Cap Research report, update, newsletter, article, trading alert, corporate profile, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other regulatory agency. To download this research report or any of our research, view our disclosures and disclaimers, or for more information, visit www.goldmanresearch.com. Goldman Small Cap Research was compensated $6000 by the Company for research and distribution services, including a podcast interview.
About LandStar, Inc.: LandStar, Inc. (OTC PINK: LDSR), through its wholly owned subsidiary Data443TM Risk Mitigation, Inc., enables secure data - across local devices, network, cloud, and databases - at rest and in flight. ClassiDocsTM, the company's award-winning data classification and governance technology, provides GDPR compliance and DSAR management coupled with DLP, CASB, SIEM, and cloud solutions to provide user-enabled, governance-enabled, up-to-date security for every data point, every time. The WordPress-based GDPR Framework enables organizations of all sizes to comply with the GDPR and other privacy frameworks. ClassiDocsTM for Blockchain provides an active implementation for blockchain transactions from inadvertent disclosure and data leaks.
For more information, please visit: www.Data443.com.
CONTACT:
Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
rob@goldmanresearch.com
SOURCE: Goldman Small Cap Research