If the past can predict the future, then the penny stock of Engage Mobility Inc. (OTCBB:ENGA) needs to be at the top of your list come 9:30AM tomorrow. Fresh off their 10-K filing, the brainchild of proven marketing and technology entrepreneurs, Jim Byrd and Shane Hackett, ENGA stock is thinner than the hair on a baby’s butt it’s so clean. With plans to bring business logos and printed images to life on mobile devices through their mobile augmented reality app, getting in early will be better than any other trade you could make this week.
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ENGA Stock Quote
Market Cap: 29.79M
Last: 1.48 ▲ 0.02 (1.37%)
Issued and Outstanding: 20,126,500
James S. Byrd, Jr., CEO, Secretary and Chairman:
Douglas S. Hackett, President, COO and Director: 10,000,000 (49.7%)
14-Day Rel Strength: 51.04%
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Ever since Engage Mobility changed their name and ticker from MarketKast, Inc. (MRKK), it’s been one of those “can’t wait to see the 10-K” kind of companies. With the holiday shopping season around the corner, the 2 successful, connected founders of the video syndication and marketing methodology Engage Mobility does to drive viewers to the client’s video to promote the sale of products and services could be an absolute gold mine.
For the year ended June 30, 2013, Engage already put a couple of dollars in the win column. They booked $23,234 in revenues, which might not sound like much for a start-up, but it’s more than what most social media focused companies on the OTC have done in 2 years.
The 2 brainchildren behind Engage Mobility is what really screams potential for those looking to get into ENGA stock tomorrow. James Byrd Jr. and Douglas S. Hackett have a wide, yet niche business history when it comes to building businesses from start-ups, especially when it comes to digital advertising and mobile marketing.
In Q1 of next year, Engage hopes to get their Mobile Engagement System off the ground. The system is said to include an augmented reality user interface which will let companies allow for their printed images “come to life” in video. As long as a smart phone user, or similar mobile device, has the companies Engage AR app downloaded and installed, holding the device up to the an Engage Mobility client’s image will play back a video on top of the printed image.
That’s sure to become the benchmark for Marketing 101 in 2014 and beyond!
An encouraging note for ENGA stock buyers, besides the fact that 99.4% of the issued and outstanding shares, 20,000,000, are held by the 2 co-founders, the remaining 126,500 shares in the float were all sold between March, 2012 and June, 2012 for $1.00 per share. Couple that with the existing revenue stream then multiply it by the plan for Q1 of 2014 and the chances of $5 mid-term are limitless.
About ENGA Stock
Engage Mobility, Inc. is a development stage company focused on becoming a provider of online video production, distribution, syndication and marketing services for business owners.
Last 5 Trading Sessions:
Remember how GRLT went up 2,100% from 0.27 to 5.95? Well, consider that it had 5X the float at 1/5th the PPS of ENGA which indicates that $5 is easily achievable. Make sure to have ENGA at the top of your pre-market list of penny stocks to watch tomorrow and plan on seeing volume of around 40,000 by mid-afternoon.
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