ETAK has created a unique business model that is designed to provide traditional telecommunication (i.e., voice) and media distribution (i.e., streaming) services primarily to B2B customers and has developed a turnkey mobile platform that allows their client base to rapidly capture the explosive wireless subscriber market. The Company's business model is targeted to attract and facilitate customers who want to enter the mobile market but lack the financial resources and/or technical capabilities to invest in the needed infrastructure. ETAK provides a one-stop shop proposition for its clients with integrated billing solutions and its low-cost structure serves to differentiate the Company from its competitors. We recommend this investment with a rating of “Speculative Buy” and a 12-month target price of $2.40.