Filing to Follow: Jyoung Joon Won Just Opened Huge Franklin Wireless Corp Position

Filing to Follow: Jyoung Joon Won Just Opened Huge Franklin Wireless Corp Position

The New Jyoung Joon Won Holding in Franklin Wireless Corp

Jyoung Joon Won filed with the SEC SC 13G form for Franklin Wireless Corp. The form can be accessed here: 000168316816000810. As reported in Jyoung Joon Won’s form, the filler as of late owns 17.8% or 1,869,012 shares of the Information Technology–company.

Franklin Wireless Corp stake is a new one for the and it was filed because of activity on October 31, 2016. We feel this shows Jyoung Joon Won’s positive view for the stock.

Business Profile

Franklin Wireless Corp. is a provider of wireless solutions, including mobile hotspots, routers and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). The Company’s M2M and IoT solutions include embedded modules, modems and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics and telematics. The Company holds interest in Franklin Technology Inc. (FTI). FTI primarily provides design and development services to the Company for its wireless products. Its products are marketed and sold directly to wireless operators, and indirectly through strategic partners and distributors.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Analysts await Franklin Wireless Corporation (OTCMKTS:FKWL) to report earnings on February, 21.

The stock closed at $2.45 during the last session. It is down 0.00% since April 26, 2016 and is . It has underperformed by 5.26% the S&P500.

Franklin Wireless Corp. is a provider of wireless solutions, including mobile hotspots, routers and modems, as well as hardware and software products that support machine-to-machine applications and the Internet of Things (IoT). The company has a market cap of $25.69 million. The Company’s M2M and IoT solutions include embedded modules, modems and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. It has a 13.77 P/E ratio. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, gas and oil exploration, kiosks, fleet management, smart grid, vehicle diagnostics and telematics.

More notable recent Franklin Wireless Corporation (OTCMKTS:FKWL) news were published by: Marketwired.com which released: “Franklin Wireless Announces Launch of New Corporate Website” on April 06, 2015, also Seekingalpha.com with their article: “Franklin Wireless Has An Unannounced Megadeal” published on April 12, 2014, Businesswire.com published: “Franklin Wireless Launches Cost-Effective Hotspot Devices With The Expway …” on October 17, 2016. More interesting news about Franklin Wireless Corporation (OTCMKTS:FKWL) were released by: Marketwired.com and their article: “Franklin Wireless Unveils the 4G Connected Smart Boombox” published on October 18, 2016 as well as Digitaljournal.com‘s news article titled: “Franklin Wireless Announces First Quarter Fiscal 2017 Financial Results” with publication date: November 16, 2016.

According to Zacks Investment Research, “FRANKLIN WIRELESS CORP. designs and markets wireless broadband high speed data communication products such as 3rd generation wireless broadband modules and modems to end users and wireless companies in North and South American countries. Franklin focuses on wireless broadband USB modems, which provides a flexible way for wireless subscribers to connect to the wireless broadband network with any laptop, table PC or desktop USB port without a PC card slot. It markets its products through original equipment manufacturers and distributors, as well as directly to operators and end users in North and South America.”

FKWL Company Profile

Franklin Wireless Corp. (Franklin), incorporated on October 25, 2007, is a well-known provider of wireless solutions, including mobile hotspots, routers and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). The Company’s M2M and IoT solutions include embedded modules, modems and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, gas and oil exploration, kiosks, fleet management, smart grid, vehicle diagnostics and telematics. The Firm holds interest in Franklin Technology Inc. (FTI), which is a research and development facility located in Seoul, South Korea. FTI primarily provides design and development services to the Company for its wireless products. The Company’s products are marketed and sold directly to wireless operators, and indirectly through strategic partners and distributors. The Company’s global customer base extends primarily from the United States to countries in South America; the Caribbean; Europe, the Middle East and Africa (EMEA), and Asia.

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