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I might buy back in here. This stock was at 0.5 a few years ago but it took them forever to bring in any $$.
They are claiming to do well now and the potential is absolutely huge here. Could definitely see CM buyout in the future or just massive profits.
UMeWorld was invited to exhibit at China Mobile's headquarters in Beijing a few days ago. The exhibit was designed to introduce City and Provincial officials to the companies that are at the forefront of the digital education sector. Only 12 companies were invited to exhibit. Here are some pics for anyone interested:
Also, here is their new Twitter account to keep up to date with latest news: @UMeWorld_Edu
Company website below!
https://www.umeworld.com/
Do you look at this stock anymore?
They are reporting over 100k paying users now, I'm thinking about hopping back in here, idk though.
100 % increase within the last 30 days
UMFun Reaches 100,000 Paid Users; Continues its Growth Trend
DOWNLOAD AS PDF FEBRUARY 01, 2018
Hong Kong, China (FSCwire) - UMeWorld Limited (OTC:UMEWF) today announced a major milestone: the company has reached 100,000 paid users, a 100% increase within the last 30 days.
This was a key milestone in the Company's 2018 objective to reach 1,000,000 paid users and to become a leading educational service provider in China. Working together with China Mobile, the Company intends to level the playing field by providing affordable and quality education to millions Chinese K-12 students in China.
While the Company is optimistic that paid user growth will continue to accelerate into high double digits for the balance of 2018, as schools in China will essentially shut down for the entire month of February to celebrate Chinese New Year holidays, we anticipate a slow down in this growth in the near term.
About UMeWorld
UMeWorld is an internet technology company with a focus on the K-12 education market in China. UMFun, the Company's flagship product, is a cloud-based, adaptive learning and assessment platform that can intelligently analyze and adapt to a student’s performance and personalizes the delivery of proprietary educational items in accordance with the student's learning needs. UMFun is made available to Chinese K-12 students through China Mobile, the world's largest mobile service provider by network scale and subscriber base, serving over 887 million customers. The kindergarten-to-grade-12 (K-12) educational system in China is the largest in the world, comprising approximately 200 million students. UMeWorld is on track to becoming a leading educational service provider in China.
Forward Looking Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the outlook for UMFun, quotations from management in this announcement, as well as UMeWorld's strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our limited operations and need to expand in the near future; the potential lack of market acceptance of our products; our inability to raise additional capital to fund our operations and business plan; our ability to continue as a going concern; our ability to continue to attract UMFun paid subscribers; our ability to maintain and enhance the UMFun brand; and our ability to compete effectively against our competitors. Further information regarding these and other risks is included in the Company's reports filed with, or furnished to the U.S. Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of this press release, and UMeWorld Limited undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.
Looks like they have paying subs, finally. Might get back in at these levels
I'm out also. I'd like to try and turn you on to AMFE one more time, people are making money a day we're going to uplift soon. It's cheaper than this pos and has verifiable brick and mortar locations raking in money. Just announced a spinoff of one of their subsidiaries, nothing like free stock.
Already up from .018 to over 8 cents. Just announced another jv last night, silver today. Anything under a quarter will be good soon. Good luck man
Good luck to you but I'm out of 'penny stocks' completely just a couple of financial big boards and that's it. Hope you make a bundle!
I'm out, btw. I should have told you much earlier but AMFE, is my biggest play right now, already up over 200% in the past few months. They have brick and mortar stores which are highly profitable, this stock is moving based on fundamentals. I'd love to see you and a few others around there. I think anything under .1 will be cheap soon. Expecting big news next week and q1 fins "early may". As well as uplisting and auditor has been chosen. They are in the MMJ industry as well.
Read RocketStocks posts for DD. Check the stickies if you head there.
Yea, I saw that. I pretty much liquidated my position. I'm holding 4k shares just for shits and giggles. Check out AMFE, I have held for quite a while. BIG news expected this week and next week.
They own Snakes and Lattes, and are in the marijuana business as well. They are meeting with Cineplex today, on a possible j/v. The stock is just about to run, already up aloooot. Still cheap. Just throwing it out there.
For those that are still hanging around umeworld posted a news release today over at their website umeworld.com
UMeWorld Launches China's First Standardized, K12 Private Tutoring Platform
DOWNLOAD AS PDF APRIL 03, 2017
HONG KONG, CHINA / ACCESSWIRE / April 3, 2017 / UMeWorld (OTC PINK: UMEWF) is very pleased to announce the launching of UMTang™, China's first standardized, K12 Teacher Platform, which is poised to revolutionize private tutoring in China.
UMTang is an "Uber-like" tutoring platform, that matches qualified teachers with K-12 students. Unlike other online learning platforms, a qualified teacher can only join UMTang if their learning facility is physically located within walking distance of a community K-12 school. Each UMTang location typically services six to eight K-12 students, and utilizes the Company's proprietary online tools and courseware to ensure teaching excellence. The main incentive for teachers to join UMTang is that they keep 80% of the facility's gross revenue and are not burdened with the task of soliciting students for enrolment, enabling them to focus exclusively on teaching. In addition, they gain access to the Company's educational resources, academic network, and advanced technology, enabling them to offer value-added courses to their students.
According to a recent research report by the China Education Association, after-school tutoring is the largest segment of the non-formal education market in China, totalling revenues of $116 Billion USD in 2016. In that year, upwards of 8 million private tutors and 137 million students participated in after-school teaching. However, the K-12 private tutoring industry is fragmented into a multitude of individuals, as well as small and medium sized businesses, competing fiercely for market share. This competition and the lack of standardization has led to parental concerns regarding teacher qualifications and a dissatisfaction with high instructor turnover rates.
The UMTang solution is designed not only to address these common issues facing the private tutoring business, but also to offer many unique features not provided by these traditional tutoring enterprises. The Company ensures that each UMTang teacher possess a valid government issued teaching license. This assures parents that UMTang teachers have the content knowledge and communication skills to effectively mentor their children. Other unique features include weekly assessments via UMFun, on-demand student progress reports and additional proprietary curricula such as design thinking, STEM, painting & computer coding course work. UMTang teachers not only guide students towards academic excellence, but also provide additional interdisciplinary learning skills, enabling UMTang students to develop the necessary knowledge to excel in a post-secondary curriculum.
UMeWorld is positioning itself to become the largest K12 private tutoring platform operator in China. To that end, the Company plans to tap into UMFun's 14,000,000 K12 user base and convert 1,000,000 users into UMTang students.
About UMeWorld
UMeWorld is an internet technology company with a focus on the K-12 education market in China. UMFun, the Company's K-12 flagship product, is a cloud-based, adaptive learning and assessment platform that can intelligently analyze and adapt to a student's performance and personalizes the delivery of proprietary educational items in accordance with the student's learning needs. UMFun's off-school version is made available to Chinese K-12 students through China Mobile, the world's largest mobile service provider by network scale and subscriber base, serving over 823,000,000 customers.
Forward Looking Statement
This press release includes forward-looking statements. These statements may be identified by words such as "feel," "believes," expects," "estimates," "intends," "should," "is to be," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Factors that could cause actual results to differ materially include, but are not limited to: our limited operations and need to expand in the near future; the potential lack of market acceptance of our products; potential competition; our inability; our inability to raise additional capital to fund our operations and business plan; our ability to continue as a going concern; our liquidity and other risks and uncertainties and other factors discussed from time to time in our filings with the Securities and Exchange Commission ("SEC"), including our annual report on Form 20-F filed with the SEC. UMeWorld Limited expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.
For more information, please contact:
Ruby Hui, Executive Vice President
UMeWorld Limited
E-mail: info@umeworld.com
Website: www.umeworld.com
Telephone: (86) 020-892-37947
SOURCE: UMeWorld Limited
Released April 3, 2017
I've sold off more than half of my position. Beginning to lose faith. Hoping for some verifiable revenue.
I'm still here, lol. Just waiting...AMD is keeping me entertained for now.
Just about sums up my year, bad timing, figures, lol.
I had AMD years ago and made a few bob, I haven't made a dime this year from my POS OTC picks so gonna stick with what's working for me (Big board dividend stocks). Good luck here
By the way...sorry if it's a little late...This stock has been depressing of late.
Hi Daniel;
Thank you for your continued support.
We have put out several PRs in the past indicating that we would generate revenues in September to coincide with the beginning of a new school year. The projected revenues will be reflected in our Q1 ending 12/31/2016. We continue to make progress as reflected in today’s PR. We are launching a new product by the name UEXiao to expand sales so that we will have two income sources and not a one trick pony.
Best regards,
Ruby
Contact from Web Site - Contact Us - 08/31/2016
First Name:
Daniel
Last Name:
Jackson
Email:
Daniel.Jackson.NE@gmail.com
Comments:
I have just read the fins which were released today. I think the investors deserve an explanation as to how no revenues are being produced. It feels as though the company is deliberately ignoring people who inquire. I have tried to contact Ruby multiple times in the past few months. The PR rep you have listed on your website claims she no longer represents you aND there is minimal transparency. I have been an invested here since AlphaRX and have always been pleased with management until recently. Please respond as soon as possible.
I can't say I blame you. I'm watching this money stagnate, meanwhile I bought AMD under $3 and would have made tons of money had I been able to use the money which is tied up here. I'm so torn on what to do, honestly...
I hear ya!
"What a major disappointment this stock has been"
Been out but always come back to see the comments. What a major disappointment this stock has been, I can not believe this stock isn't at triple zero.
Guys I've had enough, a full 3 years of broken promises and nothing to show for patience. Good luck and hope you all make a packet! I've resigned as mod so anyone who wants to grasp the nettle please do so. Adios!
Cheers, waiting with baited breath, lol.
News over at Yahoo today! Will try later today to provide a link.
This just in..
SeeThruEquity Issues Update on UMeWorld Limited (UMEWF) with a Price Target of $1.00
http://finance.yahoo.com/news/seethruequity-issues-umeworld-limited-umewf-130000207.html
Many thanks I'll take a look.
Some news over at Yahoo today. Don't have time to post the link.
some news over at Yahoo...don't have time to post the link..
I can't blame you for that at all, just false hope over the last 3 years. I don't have much invested here so I'm leaving my measly position in place until it's dust because I can guarantee you as soon as I sell the revs will start appearing, lol. JMO
"What you've never had you never miss"
6k released today, 0 revenues. Looks as though not much has changed. I sent Ruby another email. I don't expect a response. There is some land I'm saving for...I may start liquidating. Bid seems to be getting hit everytime it goes to .35, no action above that recently. I don't like the no updates in over 2 months. I'll always have something here but it's looking more and more like I'm going to end up heart broken.
I just checked UMEWF on yahoo and the info came up straight away so obviously a glitch that day. Certainly testing patience this one! C'mon Ruby show us whatya got!!!!
Yeah I'm not happy with what is going on, Ruby has not answered any emails in a while. Also, just noticed Yahoo finance is saying UMEWF does not exist. Probably a glitch...yahoo isn't doing well these days.
I've got a micro position now so I'll probably come back in 2 years time and if we're still at the same level as we are now I'll give myself a kick up the a$$ and sell, but I'm very frustrated.
I'm not even sure where we're headed anymore, lol. On track to 10,000,000 subscribers but no money coming in. I say something has got to change but I probably still won't sell.
Let's hope they can get up to 10m. They said that back in 2014 and looks like they have made the necessary steps to make it happen. Hubei should be a big help
There was a pr about launching in another province last week. Hopefully we'll see some revs soon. They keep saying they're on track to gave 10m paid subscribers in 2016, I imagine that has to mean some money for the company...hopefully..
Not a lot of volume but it's nice to see the stock up last week. Both of my Asian stocks had a good week!
I have to believe that the revenue sharing with China Mobile will drive revenue in a big way. With 90 million users the upside could be substantial.
I got my bid up to .33 on Friday, no takers, I'll keep trying.
You'll have to leave your money on the bid for a long time for any chance i'd imagine. Who knows, I sincerely hope not lol. I'm done buying, I have too much money in this stock as it is haha. I'm ready for dollars or a sweet sweet buyout.
I've been trying to buy shares below .30, have I lost my opportunity?
I did try picking up a few at .34, then the ask went up to the mid 40's. I'm trying to stay patient, but with that 50k bid still out there, I'm afraid I may have to pay a little more to keep building the position.
I'm still loving the stock. It just makes sense to me. China, education, China Mobile, it all adds up. I'm happy to buy a bit more at .34
I see the positives but I guess I'm looking for that pop over .40. Big bid get going
Nvm there was 100k not too long ago
Yea, solid 50k on the bid. Never saw that before.
It is nice to see the pps solidly above 30.
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