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Slide #87. RadioMobile, Inc. — RF Industries, Ltd. RadioMobile operations
RF Industries, Ltd. RadioMobile operations (NASDAQ:RFIL)
RF Industries, Ltd. (NASDAQ:RFIL) announced that it has sold its RadioMobile operations to RadioMobile, Inc., a company formed by the management team of that division. In exchange for the transfer of the assets, RadioMobile, Inc. will pay RF Industries a portion of all of its future revenues for three years.
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Strong Buy (4.00 out of 4)