LOS ANGELES, CA--(Marketwired - Mar 19, 2015) - In an article posted to livetradingnews.com, analyst Shayne Heffernan predicts $1.00 per share for WiFi Wireless, Inc. (OTC PINK: WFWL) in the near future. The complete text follows:

Posted by: Shayne Heffernan Posted on: March 17, 2015

An Analysis of WiFi Wireless by Shayne Heffernan, PHD in Economics as posted on livetradingnews.com


WIFI is the new Buzzword in the Telco sector and as major companies scramble to grab the space WFWL is already there, "WiFi Wireless, Inc. provides network infrastructure that puts public spectrum to the highest and best use. The Company's technology provides wireless broadband for direct access as well as HetNet integration for carrier offload. Their fiber backbone design is augmented for supporting licensed frequency small cells and public safety connections."

The Network Infrastructure is available for any City, Town, Village, Commercial Business, Residential properties such as Apartments & Condominiums, Shopping Malls, Strip Malls, Municipalities, Counties, Marinas, Cruise Ships, can now be part of the WiFi Wireless network.

Our price target on WFWL remains $1

WiFi Wireless Inc. (WFWL) is awaiting the second round of bidding on the much-anticipated Los Angeles Community Broadband Network Project. (LACBN). In July 2014, WiFi Wireless Inc. submitted an RFI to the LA City project manager, and was selected to move forward with 13 other bidders. The LACBN is a contract projected between 3 and 5 billion dollars.

An analytical assessment of the list identified only four bidders that appear to be a General Contractor systems integrator, one of which is WiFi Wireless Inc. WiFi Wireless is aligned with Ericsson as its sub contractor and lead equipment vendor.

WiFi Wireless Inc. previously pioneered the concept over two years using the newer LTE technology with the ability to dovetail it with other existing legacy networks to further upgrade wireless communications. When completed, this project will provide wireless Internet access for all of Los Angeles County.

Ted Abrams, CTO of WiFi Wireless, said today that the ability to provide a wireless network utility for the municipalities is a must for communities in the future. "Proposed outlines from the WiFi My City program were discussed in neighborhoods around the greater Los Angeles area for the past six months. Those discussions allowed us to gather feedback from Angelenos that refined our offering and provided us with directional guidance. That is very important to us as we go forward on a project of this large magnitude, and we believe, will be important to the city of Los Angeles as well. Now that the city has launched the official process to find partners, we believe we have advantages, and we are glad to participate in the process."

This press release contains forward-looking statements. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.