SOURCE: Mount Knowledge Holdings, Inc.

September 12, 2013 16:00 ET

Murphy Analytics Announces Initiation of Coverage on Mount Knowledge Holdings, Inc.

ST. LOUIS, MO--(Marketwired - Sep 12, 2013) - Murphy Analytics (MA) has initiated coverage on Mount Knowledge Holdings, Inc. (PINKSHEETS: MKHD). The Initiation Report contains a detailed discussion of MKHD's planned acquisition of Forum Mobile, as well as a discussion of Forum Mobile's business operations, market dynamics, financial results, potential cash flows, and risks. The Initiation Report is available at: http://www.murphyanalytics.com/uploads/MKHD_Initiation.pdf

MKHD has not announced any corporate strategic plan outside of the planned acquisition of Forum Mobile, whose mission is to become a leading global enabler to mobile network operators and mobile virtual network operators offering mobile infrastructure and cloud solutions. However, as analyst Patrick J. Murphy notes in the report: "If completed successfully, the acquisition will create a new world of opportunity for MKHD and the potential for high margins and high valuation." As one indicator of the market opportunity for Forum Mobile, GSMA estimates the number of mobile connected devices will increase 100% to 12 billion by 2020 with mobile operators expected to capture more than half of the opportunity. 

About Murphy Analytics
Murphy Analytics is an independent investment research firm providing coverage of microcap stocks. Utilizing institutional caliber, fundamental analysis, Murphy Analytics helps readers become more informed about equities without extensive analyst coverage. Murphy Analytics LLC is owned by Patrick J. Murphy, who has nearly 20 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's.

Disclosure: MA was paid $5,000 by the Company in advance of the publication of this report. Neither MA nor the analyst owns or trades the shares of covered companies. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. This report is neither a solicitation to buy nor an offer to sell securities and is to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and this report does not provide investment advice.

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