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Could Low Float (UMAX) And Its 5 Potential Catalysts Steal The Show Monday? (Past Champ)
March 11th
Greetings Readers,
Did you catch a glimpse of what happened Friday morning?
STAL, our most recent breakout champ, opened at $.85 and shot to a $1.25 high.
That intraday surge resulted in a move of 47%! Boom.
Now, for Monday AM, I want you to turn your attention to another past champ.
Based on a low float, and a slew of positive company developments including a major YouTube milestone, it could be poised for another potential breakout.
But that's not all. When I brought this past champ to your attention back in January, it went on a 25% intraday rampage.
So when I saw these 2 big press releases to get March kicked off, I found it prudent to watch this company closely once again.
Now, based on the several potential catalysts I've mentioned above with a couple more I've highlighted in my report below, it's time for you to get it back on your radar.
For Monday, March 14th, there is only one profile to put at the top of your watch-list:
*UMAX Group Corp. (UMAX)*
UMAX Group Corp. is a Nevada corporation, and its operational subsidiary, Funny Media Group, LLC, which is a media development company which is currently concentrating on producing its own original content with the intent of selling that content to one of the many streaming companies (i.e., Net-flix, Hulu, Showtime, Disney+, etc.) and having their own streaming platforms on their website and YouTube channels.
And right now the company has 5 potential breakout catalysts going for it:
No. 1 - Huge Milestone Hit On YouTube Of 2Mn Views
No. 2 - This Is A Low Float Profile
No. 3 - A Possibly Game-Changing Streaming Deal With Vyre Network
No. 4 - Company Produces Videos Of Up-And-Comer
No. 5 - New Acquisition Could Benefit Shareholders Greatly
But more on those in a second...
A Booming Digital Market Outlook (1) - How UMAX Could Be The Next Big Hit
The move toward digital media has been building for a while now, but after the events of 2020, the digital media industry is expected to see record growth in both revenue and number of users, according to Finaria.it.
Finaria.it has presented new data from a Statista survey that projects the global digital media industry will hit a $292.4Bn value in 2021, which would represent a 15% year-over-year growth from 2020.
This growth isn’t expected to slow down. Finaria.it projects that by 2025, digital media revenue will be more than $414Bn.
In 2020, video-on-demand saw the biggest segment growth, with revenues rising 29% year-over-year to $72.5Bn. Video-on-demand is projected to continue growing to $85.8 billion in 2021.
According to Statista, there will be more than 7 billion users of digital media in 2021. Video-on-demand is expected to make up 1.8 billion of that number, which is a 28% growth from 2019.
Where UMAX Comes Into Play
Funny Media, UMAX's media development wing, has currently produced 200 comedy specials (each special being 30 minutes in duration) at its own state of the art facility.
The short-term goal is to produce content for streaming services like Net-flix and Amazon with the long-term goal being to build a large enough media catalog that any of the current streaming services would be interested in acquiring.
And UMAX's first big potential catalyst could help lead the way...
No. 1 UMAX Potential Catalyst - Huge Milestone Hit On YouTube Of 2Mn Views
UMAX GROUP CORP. - Funny Media Group Records 2Mn YouTube Milestone in Only 50 Shows
LOS ANGELES, CA / ACCESSWIRE / February 24, 2022 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, continues to release comedy specials under its Funny Media Group subsidiary and recently hit 2Mn YouTube views in only 50 shows.
After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder's in-vest-ment.
Rondell Fletcher (UMAX President and CEO) says 200 total shows have been recorded, with 150 remaining to be released.
"We are continuing excellent growth, and grabbing a significant audience," Mr. Fletcher says.
Season 2 of comedy shows will start taping March 1, 2022, Mr. Fletcher said.
The shows are filmed in the Comedy Cube, Funny Media Group's state-of-the-art facility in downtown Los Angeles. Shows are released on Mondays, Wednesdays, and Fridays.
[...]
Read the full article here.
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No. 2 UMAX Potential Catalyst - This Is A Low Float Profile
According to the OTC Markets' website, UMAX has a low float.
The website reports this profile to have approximately 9.75Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
With so few shares available for trading, other potential catalysts (like big news) could spark a vertical move in the short-term.
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No. 3 UMAX Potential Catalyst - A Possibly Game-Changing Streaming Deal With Vyre Network
UMAX GROUP CORP. – Funny Media Group in Talks with Vyre Network for “HUGE” Comedy Streaming Deal
LOS ANGELES, CA / ACCESSWIRE / February 18, 2022 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, has announced that its subsidiary, Funny Media Group, LLC ("FMG"), is in talks with Vyre Network to distribute Season 1 of FMG's comedy specials-more than 200 shows in all.
"This is HUGE for Funny Media Group," said UMAX President and CEO Rondell Fletcher.
"Vyre can bring our comedy content to a global audience."
Vyre Network is a global digital distribution multi-platform service that licenses, live streams, and produces a vast catalog of exclusive content for streaming entertainment...
"They are a state-of-the-art platform, and they are a perfect home for Funny Media Group," Fletcher said.
[...]
Read the full article here.
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No. 4 UMAX Potential Catalyst - Company Produces Videos Of Up-And-Comer
UMAX GROUP CORP. - Funny Media Group Produces 14 Videos for Musical Artist Jarod Ohi
LOS ANGELES, CA / ACCESSWIRE / March 10, 2022 / UMAX Group Corp. (OTC PINK: UMAX), a Nevada corporation, has announced that its subsidiary, Funny Media Group ("FMG"), has produced a series of music videos for up-and-coming musical artist Jarod Ohi.
"Jarod came to LA from Ohio, we signed him, and we hit the ground running," said UMAX President and CEO Rondell Fletcher. "He has recorded a full album and we are now releasing videos."
[...]
Fletcher produced the videos, which feature Ohi's distinct voice.
"He can flat-out sing," Fletcher said.Some of the videos were filmed in the Comedy Cube, Funny Media Group's state-of-the-art facility in downtown Los Angeles.
"We built a great multi-use studio, and it worked well for several of Jarod's live music videos," Mr. Fletcher said.
[...]
Read the full article here.
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No. 5 UMAX Potential Catalyst - New Acquisition Could Benefit Shareholders Greatly
UMAX GROUP CORP. – UMAX Announces Acquisition of Funny Media Studios
LAS VEGAS, NV / ACCESSWIRE / January 14, 2022 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, has announced the acquisition of a California corporation, Funny Media Studios ("FMS"), a full-scale production studio with crew, equipment, and a shoot-ready soundstage in Los Angeles.
Rondell Fletcher (UMAX President and CEO) says that FMS will become a majority-owned subsidiary of the Company. Similar to the acquisition of Funny Media Group, LLC ("FMG") in May 2021, the Company negotiated the acquisition through the use of its Series "B" Preferred S-tock, Mr. Fletcher says.
[...]
"The acquisition of FMS goes hand-in-hand with our acquisition in May 2021 of Funny Media Group, LLC," Mr. Fletcher says. "Both operations work with each other on a myriad of projects. It was a natural acquisition for the Company as we move forward with our updated business plan."
[...]
Read the full article here.
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What To Know - 5 Potential Catalysts For Breakout Idea UMAX
No. 1 - Huge Milestone Hit On YouTube Of 2Mn Views
No. 2 - This Is A Low Float Profile
No. 3 - A Possibly Game-Changing Streaming Deal With Vyre Network
No. 4 - Company Produces Videos Of Up-And-Comer
No. 5 - New Acquisition Could Benefit Shareholders Greatly
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Coverage is officially reinitiated on UMAX. When you have a second, do this:
