EVTI Gets Ready for Social Media Big Leagues
Good Afternoon!
If there is anything I’ve learned over the last few years it’s that you cannot underestimate an idea whose time has come. When Facebook issued its IPO it did so at $18 a share. Today it’s well over $70 and reached as high as $80. The 344% increase is the reason you are getting my latest alert.
It’s all about social media folks. It’s the next big thing Wall Street was waiting for and right now it’s one of the most fertile grounds for trading profits. EVTI is company poised to make a name for itself on the big stage and all; the early signs point to it.
The company is developing its own proprietary messaging app which it plans to use as a launch-pad to completely penetrate iOS and Android.
EVTI’s progress has attracted some heavyweights and even a former Google executive has joined the team. Jason Harvey has joined as its Executive Vice President of Product Development and Marketing.
The last two big developments have dovetailed with EVTI’s technical setup. In fact, they are helping to make this play one of the best positioned in the sector. Volume has exploded in recent sessions and although the play is trading below .50, its upside is looking pretty good with a 12-month high of $3.60.
The bottom line is that EVTI could very well be a one-time shot below .50 in the social media space so start your research now.
Investor Highlights
EVTI recorded breakout volumes in 4 of its last 5 trading session. The last session saw a 729K breakout.
EVTI is up 27% since October 29 and has a 12-month high of $3.60
EVTI is positioned well from bottom. The play has very strong bounce potential and RSI is 24.
EVTI recently appointed Jason Harvey has joined as its Executive Vice President of Product Development and Marketing. Mr Harvey is a former Google Executive who’s served for other companies including AT&T and Microsoft
EVTI is pressing ahead with development of its proprietary messaging app which it plans to use to extend market reach on both iOS and Android
EVTI is trading at a discount to its DMA 50 which presents a huge opportunity for traders who can get in at current levels.
EVTI is poised to benefit from the huge demand projected for mobile applications. Smartphone users are expected to reach
About EVTI
EVTI (Eventure Interactive, Inc.) is engaged in the social media activities in the United States.
EVTI develops social applications, as well as operates a mobile-to-web technology platform that enables the users to captured, store, and share memories and events.
EVTI was founded in 2010 and is headquartered in Costa Mesa, California.
Tablets and Smartphones Will Dominate Connected Device Sales (87% by 2017)
The latest round of tablet, smartphone and PC forecasts from IDC released recently in their smart connected device market forecast shows how rapidly tablets and large-screen (5+ inch) smartphones are redefining the market.
These forecasts also underscore how the majority of enterprises need to better plan how to get the most out of mobility investments given the constraints of their IT infrastructures.
The bottom line is that the majority of enterprises today aren’t prepared for the pace of change that the IDC forecasts predict.
Many are struggling to orchestrate mobile device management, security, and workable Bring Your Own Device (BYOD) governance into their IT planning. Initiating and improving application development, reliability and security for mobile applications is also lagging behind, especially in manufacturers.
Mobility’s Growth Catalyst Is Customer Engagement
With 63% of enterprises saying that customer engagement is by far the highest priority of their mobile channel strategies according to a joint study by OpenMarket and Forrester Consulting published this week (The Rise of Holistic Mobile Engagement opt-in required) the IDC forecast underscores how fast the connected device market is moving from a customer interaction standpoint. Improving customer satisfaction (30%) and acquiring new customers (35%) are the second and third priorities according to the OpenMarket and Forrester Consulting study. 43% have concerns with IT’s ability to keep up with the rapid pace of mobile customer requirements.
Key takeaways from the latest IDC forecast are provided below:
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During Q4 of this year, tablets will outsell by desktop and laptop PCs. IDC also estimates that tablet sales will surpass PCs on an annual basis by 2015.
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IDC is predicting the worldwide smart connected device market will accelerate past 2B units by the end of 2015, attaining a market value of $735.1B. Total TOT -2.96% PCs will drop from 28.7% in 2013 to 13% in 2017. Tablets will increase from 11.8% in 2013 to 16.5% by 2017, and smartphones will increase from 59.5% to 70.5%. The following graphic shows the distribution of sales by platform.
Recent Developments
Eventure Interactive, Inc. Adds Ex-Google Executive, Jason Harvey, to its Senior Executive Team
Jason Harvey joins Eventure; Leads Product Development and Marketing for Eventure's Android, iOS, and Web platforms.
COSTA MESA, Calif., Oct. 8, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Eventure Interactive, Inc. ("Eventure") (EVTI) a social communications and application development company that makes local event participation smarter by tying relevant digital engagement together with the utility of a social calendar, today announced it hired Ex-Google Executive, Jason Harvey, as its Executive Vice President of Product Development and Marketing.
Mr. Harvey brings a distinguished wealth of knowledge to Eventure, spanning product development, market penetration, monetization, and accelerated revenue growth. In addition to Google, Mr. Harvey has held executive positions at notable technology and consumer-focused companies, such as; AT&T Interactive, Microsoft, Ford Motor Company, and Nestle.
He brings a large-scale understanding of new product development and market expansion; a toolset Eventure needs as it continues to grow and as it begins addressing ever-growing audiences. As head of Product Development and Marketing for Android, iOS, and Web solutions, Mr. Harvey's efforts will be centered on advancing product development as well as large-scale commercialization of Eventure's Android, iOS, and Web platforms.
Mr. Harvey's hiring completes one more critical operational milestone of Eventure's overall growth plan as outlined earlier in March of this year. Mr. Harvey's addition to the Eventure team further demonstrates the company's commitment to being a leader in the rapidly expanding Social Networking space.
"Jason is a great addition to our team. His pedigree and experience adds tremendous horsepower to our product development and marketing efforts," said Gannon Giguiere, CEO of Eventure Interactive, Inc. "Jason will help accelerate our product development initiatives and allow us to maximize the massive opportunities before us. We believe success is built by people; the right people. Jason represents our continued commitment to this idea and reaffirms our previous comments to the public about creating a world class team of executives that will help bring meaningful impact to Eventure, its investors, and the marketplace," continued Mr. Giguiere.
"Eventure has embarked on delivering an intuitive, event collaboration platform to make live experiences more memorable," said Mr. Harvey. "I am thrilled to join such a dynamic company to help build a world-class, social engagement experience for users."
Grab a hold of EVTI and soar. Start your research now.
To learn more about EVTI please visit their website: http://www.eventure.com
Jeff "The Mirkinator" Mirkin
info@damngoodpennypicks.com
I Answer All Email
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