India Ecommerce Corp. (IEEC) Is Set To Explode

IEECIf you had to pick between two ecommerce companies to trade today, you’d be smart to leave Telupay International Inc. (TLPY) aside and put India Ecommerce Corporation (IEEC) atop your list of penny stocks.  With a share structure like no other and a favorable PPS to offer some serious gains in the short term, IEEC stock is set to see some serious volume head its way as one of the top penny picks on the OTC as the week begins.  Focused on building, promoting and managing a multitude of ecommerce properties for the India market, the target market of one of the largest populations on the planet has already been banking in some cash from their efforts which makes it a must watch ticker today.

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IEEC Stock Quote

Last 5 Trading Sessions:

Date Open High Low Last Change % Chg Volume
03/06/15 0.0410 0.0430 0.0320 0.0360 +0.0020 +5.88% 393,200
03/05/15 0.1050 0.1050 0.0141 0.0340 -0.0360 -51.43% 4,886,800
02/27/15 0.0500 0.0700 0.0500 0.0700 +0.0350 +100.00% 22,200
02/10/15 0.0500 0.0500 0.0350 0.0350 -0.0150 -30.00% 89,500
01/26/15 0.0500 0.0500 0.0500 0.0500 unch unch 200

 

Right now there’s a convergence going on and it involves the $1.5 trillion ecommerce industry and the juggernaut that is TV advertising.  Just think about it for a moment: for the first time in modern history, consumers are able to watch a game on the TV and make a purchase with the click of a button.  This convergence has sent Amazon rushing into the TV space and there’s an overwhelming belief among experts that ecommerce and TV will eventually end up sharing the same body.

It’s this tantalizing prospect for profits that underpins India Ecommerce’s launch of “uknowme TV” in Chicago, San Francisco and Seattle.  Many traders won’t fully appreciate the importance of this launch but I guarantee that for many it will be too late.

A the end of February, the Company announced that Cicero Consulting Group, LLC has joined as an advisor to “uknowme,” a joint venture between India Ecommerce Corp. and Jeffrey Martin Global Media, LLC. Joe Abrams, Managing Member of Cicero Consulting Group, LLC, is expected to counsel the unknowme team with the development of its InterActive video technology products, placement of its television content, and establishing contact to companies affiliated with Mr. Abrams for partnerships and joint marketing and distribution efforts.

Last week, uknowmeTV was officially launched to approximately 3 million cable subscribers Chicago, Illinois, San Francisco, California, and Seattle, Washington on the CrossingsTV channel.  Viewers in these markets will be able to view 49 hours of programming weekly on the following channels:

  • Chicago: Xfinity (Comcast) TV Channel 691
  • San Francisco: Xfinity (Comcast) TV Channel 238
  • Seattle: Xfinity (Comcast) TV Channel 152

What traders should find of interest is how the Company had revenues of $5,700 and $18,075 already booked for the three and nine months ended September 30, 2014.  Once they take notice to that, the lack of significant liabilities, only $87,729 as of September 30, 2014, the big picture of how the world’s second most populous country which is renowned for its high tech community that still has yet to produce dominant ecommerce or cloud services companies the likes of Amazon.com, Buy.com, or eBay could really make India Ecommerce flourish in the long term.

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About IEEC Stock

India Ecommerce Corporation is a development stage global omnimedia company focusing on building value by integrating and monetizing social media, websites and television.

5540 Fifth Avenue
#18
Pittsburgh, PA 15232

Website: http://www.indiaecommercecorp.com
Phone: (412) 450-0028

Authorized: 75,000,000
Issued and Outstanding: 28,477,500

Bottom Line:

There is sure to be a rush of madness to jump in on TLPY stock today, but those who seek better penny stocks to trade will want to have a close eye on IEEC stock pre-market.  The potential upside of IEEC shares would allow for some extra cash to be thrown at TLPY stock when the inevitable dip comes later on this week.

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