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Promoter: | Why Penny St0cks | Paying Party: | Vertical Snap LLC |
Stocks covered: | Compensation: | Avg $ Volume for Period: |
IMNG | $30000 | UNKNOWN |
Max Profit: 1.82 % | Gain at close: 0.00 % | |
*We think that this promoter is a part of a group of promoters. |

WHY PENNY ST0CK MEMBERS
We have a new profile for you this evening that is shaping up to be a thing of beauty, a young tech company with an industry leading product that is entering a virtually limitless market: China.
Today’s new profile is iMing Corp. - IMNG
iMing is a leading technology solution provider of set-top boxes which supplies HD television through the web in China, turning the internet into the content delivery source which is displaying on their television or monitor. The content can be stored on internal storage or through external storage and also played on the system, but the general principle is to access the content through the web for either live viewing of TV channels, movies and programs or to download and view the content on demand.
Click here to see iMing’s very cool products
Through various content partnerships, the iMing Web TV solution supplies over 10,000 HD movies, live TV channels, pre-recorded TV programs and high demand streams of content. The massive updated online database is accessed by the internet that plugs into the Web TV Box that then displays the content on the television, monitor or AV system.
iMing Corp. is positioning itself to be a leading provider of this technology through the Web in China and eventually expand into North America and Europe. Below are some key points that make iMing so appealing at the moment:
· Over 32 mln Web TVs will be sold in China by 2015, which makes up 54% of market share.
· With iMing viewers can watch over 10k online HD Movies, Live TV channels, pre-recorded TV programs with a click.
· Web-based TVs trending to capture 50% of worldwide TV sales by 2014.
· China has a gross online user base as of July 2012 of 538 mln internet users, more than the entire population of the United States. It is anticipated that China’s internet population will hit 718 mln by 2013.
· One thing that makes IMNG so interested is that they’re nowhere near the massive market cap of their competitors like Baidu, currently worth over 33 BLN.
· IMNG is one of the best ground-floor opportunities by Chinese dot-com standards, with a market cap of just 96.94 mln.
· Just the TV Internet piece of iMing’s business is estimated at 8.7 bln in 2011 and is expected to reach over 15 bln by 2018.
· Although the Chinese e-commerce world is still fragmented, it is still valued at 45 bln and is growing at 45% a year.
This past Monday, iMing announced that they will be launching a new product line for the iPhone accessories market in the Q2 of 2013. The Company’s new device is called the “imRemote”. The “imRemote” is the smallest and most powerful universal remote control device made for the iPhone which enables the user to control a TV, DVD, VCR, home theater, blu-ray, cable boxes, satellite boxes, receivers, etc.
With so much recent and upcoming development things could be just starting to heat up:
· Just last week the Company announced plans to launch its next-gen Smart TV Box with full 1080P and 3D graphics. The new Smart TV Box runs on the Android Operating system.
· The Company is already in the final stages of development for its beta version, and expects the final version of this Android OS Smart TV Box to be on the market in the 2nd half of 2013.
· iMing recently announced their plans to open an E-commerce online retail store at Taobao Marketplace which is a Chinese language website for online shopping similar to eBay and Amazon.
· Taobao Marketplace is the undisputed market leader in China, with over 370 mln registered users as of the end of 2010 and currently hosts over 800 mln product listing. In February 2013, Taobao ranked 11th overall in Alexa’s internet rankings.
IMNG has spurred a lot of attention in recent months following the release of several monstrous news releases announcing new products and new markets.
The future could be very bright for this iMing as they are continuing to command attention. It’s time to take notice, this situation could be too good to let it pass by.
The technology used by iMing makes it competitive with the other industry players such as Google TV, WDTV, Apple TV, Roku and Boxee.
Feel free to continue your research on the Company’s website:
www.imingcorp.com
Yahoo Finance:
finance.yahoo.com/q?s=IMNG
iMing could be onto something massive, don’t sit on your hands; start your research right away.
Remember, sometimes everything can seem to be in line for a perfect situation and still go against you. So be smart, use the stops to protect your position and follow your rules.
As always, we encourage you to do further research. Also, when you find yourself in a position to profit, it is often wise to do so.
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