HopTo — IT!

“Any sufficiently advanced technology is indistinguishable from magic.”  – Arthur C. Clarke

 

Thursday, November 14th was a big day for a microcap company (market cap of approximately $40 million) headquartered in Campbell, California.  hopTo Inc. shares closed at .425 cents on the OTC after reaching a high of .44 cents and a low of .37 cents — a 21% intraday move.

What happened today to create all of this trading volatility?page1

hopTo, a company that has been around since 1996, maneuvering a recent technology pivot in 2012, announced its new app today that creates your “personal cloud” on the iPad.  This app is currently FREE and allows the user to enjoy a comprehensive mobile workspace on the iPad by linking all cloud-based apps, personal and professional computer into one user-friendly app.

Wow, I no longer have to do the tedious orchestration between all of my apps and files — I can now allow an application with a sleek user interface to aggregate, coordinate and facilitate?

Yes.  The user can now access their Excel, Word or PowerPoint docs and seamlessly work with DropBox or Box files and further enhance a presentation with the photo browsing capability or images resident on the desktop.  It allows for a centralized view (a dashboard) whereby the app user can create, revise and share docs with colleagues or friends.

I haven’t had the opportunity to play with the app on my iPad since the release was today, but analyzing  the press and hopTo’s description of the app, I do believe it’s going to unlock incredible productivity — assuming the app works as advertised.  Even if the first generation doesn’t quite live up to billing the foundation for the app is very strong.

As our world progressively moves toward mobile, this capability will greatly enhance workflow and the ability to produce a first-rate product.  At a $40 million valuation — versus other cloud-based companies — this company’s shares look very cheap and clearly a stock to watch and follow to see if they can realize the potential value of this application.

from Douglas MacFaddin’s Volunteer and Charity Page http://douglasmacfaddin.org/hopto-it/

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Published by: Doug MacFaddin

Douglas Willis MacFaddin was born June 16, 1961 in the Miamisburg Hospital to Patricia Ann MacFaddin and Richard Willis MacFaddin. My mother’s maiden name is Morrison and she is the youngest of seven children who were raised in Lycippus, PA. My father was the second of four children and was a twin. He was raised in the town of Viola, DE. At the time of my birth, my father worked at the Mound Laboratories in Miamisburg, Ohio in research. Mound was an Atomic Energy Commission facility for nuclear weapon research during the Cold War. My mother made a home for our family. My father passed away in 1991 and my mother is currently living in Avon, CT. Doug MacFaddin is the oldest of five children (Doug, R. Stuart, Anne Marie, Megan and Mary (Heather)). I lived in Ohio for two years, spent the next seven years in Murrysville, PA (outside of Pittsburgh), moved to Little Silver, NJ and relocated my senior year in high school to Avon, CT. My four siblings currently live with their families in Avon, CT and are members of St. Ann’s Church. I attended Mother of Sorrows School in Murrysville, PA. In NJ, I attended Little Silver Point Road School, Markham Place School and Christian Brothers Academy (CBA) in Lincroft, NJ for three years. My senior year, I attended Avon High School and I then spent the next four years at Union College, Schenectady, NY. I received a BS in Industrial Economics and graduated in June 1983. While at Salomon Brothers, I was asked to attend a two-week seminar for Public Finance at the University of Michigan in 1986. In Little Silver, I was involved in Troop 126 where I achieved the rank of Life Scout and was both a Patrol Leader and a Senior Patrol Leader. I also was an alter boy at St. James Catholic Church and spent summers a the Ship Ahoy Beach Club in Seabright, NJ and caddying at the Rumson Country Club. At Christian Brothers Academy, I wrestled for the varsity squad for three years. I took second in the districts my junior year and went on to the regionals. I also ran on their cross country team freshman year and was part of the CBA Colt team that hasn’t lost a duel meet since 1973. My senior year at Avon, I won the wrestling States (S). I went on to wrestle at Union College and qualified for the Div III nationals twice (1981, 1982) and was co-captain both years. My senior year at Avon, CT, I also won the States (S) in pole vaulting. It was the first time Avon High School had a state champ in two sports in the same year. During my four years, I earned nine varsity letters between wrestling, track and football. In 1979, I was accepted into The National Honor & Merit Scholars Society. Upon graduating from Union College, I accepted a position at Salomon Brothers Inc in August 1983. I was an analyst in their Public Finance department at One New York Plaza. I lived in Park Slope, Brooklyn and spent the next four years working at Salomon Brothers. As a result of Black Monday, October 19, 1987 the Public Finance Department of Salomon Brothers was jettisoned to conserve capital. By November 1, 1987, I was working at Dean Witter Reynolds in the new Public Finance Department made up of many of my former Salomon Brother’s colleagues. The new Department was located on the 57th floor of 2 World Trade Center.

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