UMeLook (UMEWF)

[brewpup]

A couple big blocks traded today. I've not been following as long as a couple of you, but it really does feel like something is starting to change here. Price is steadily moving up and decent volume.

[brewpup]

azininvazin,

I'm not needing news to stay positive. We're basically at a 2 month high with and steady trading and a big bid still looming. I bet a little news would pop us over .40.

[azininvazin747]

I am trying to stay optimistic here. In need of some news to get excited again

[lamboo39]

I think there is reason to be optimistic with the recently announced China Mobile revenue sharing program. I hope revenues take off.

[masterarms]

Nice little ask slap today, somewhat refreshing. Every Monday I hope for the news that will change my life. Lol

[stayfocused]

I don't mean to sound tired but it's been an interesting approach to education for the last 3 years so I'm out of enthusiasm and waiting for them to start to deliver that "Billion dollar company" that management have sold us on! Hope you're the catalyst to get this moving. C'mon UMEWF 'show me the money!'

[stayfocused]

Yes I suppose that is encouraging but bidding large amounts like that does nothing for moving the pps forward, if they're willing to put nearly 30k into this they must think something positive's gonna happen! The OTC psyche is a wonderful thing, lol.

[lamboo39]

I have just started following UMEWF, I read the press release regarding the UMFun award. I'm not sure where they ranked in the top 100, the criteria for the award was innovation, market potential, commercialization, stakeholder value and media buzz. This is an interesting approach to education.

[masterarms]

I do like 100k on the bid at .29 though. Not sure we've seen that before.

[masterarms]

Mmhm. I might have to agree with you and if we don't see something serious happen before the end of the year cut my position drastically. I could use the money elsewhere.

[stayfocused]

Deep joy filing as usual, no revs and deficits increasing yoy, O/S still the same.

[stayfocused]

I thought they were receiving an award in Beijing and to be honest do we know where they've come in the top 100?

[masterarms]

Although I'm not sure if they are going to be there (computex) or not this year. I believe they were there the past 2-3 years.

[masterarms]

Decent volume today, Computex is going on this week in Taipei and they are supposed to be getting that award on Friday. Hopefully we get some nice news this week or next monday. Would be good timing too, all the big shots are coming back from their wonderful 3 week long vacations lol

[masterarms]

Yea...I feel you man, trust me lol

[stayfocused]

Let's just hope they start monetizing their 6m users and then move forward with another 6m. I wanna see revs $$$$ because until then all these pr's we've seen for the last 3 years, means nothing. Don't mean to seem negative but it's time to 'SHOW ME THE EFFIN MONEY', lol.

[masterarms]

HONG KONG, CHINA / ACCESSWIRE / May 24, 2016 / UMeWorld Limited, (OTCQB: UMEWF) an online educational technology company, with a focus on the K-12 educational market in China, is pleased to announce that UMFun has been named a China Online Education Top 100 by Zhongjiao Media, an affiliate of the Ministry of Education Research Center for Online Education. UMeWorld and the other winning companies will be honored at the 2016 China Online Education Industry conference to be held on June 3, 2016 in Beijing.

"We are honored that UMFun was selected for this prestigious recognition," says Michael Lee, President, CEO and Chairman of the Board, UMeWorld. "Our cloud-based, patent-pending, adaptive learning and assessment platform intelligently analyzes and adapts to a student's performance and personalizes the delivery of proprietary educational items in accordance with the student's individual learning needs."

Under the supervision of the Ministry of Education Research Center for Online Education, this year's China Online Education Top 100 were selected by an evaluation committee consisted of industry experts, investment institution representatives, leading educators and government officials. The selection was based on five criteria: innovation, market potential, commercialization, stakeholder value and media buzz.

UMFun is the largest K12 online real name registration adaptive learning and assessment platform in China with over 6 million users.

[stayfocused]

I can't remember what the float is but I'm pretty sure it's only around 20m shares, out of 89m O/S one shareholder/investor owns 60m+ shares and then add in the directors etc and....well do the maths!

[azininvazin747]

I'm betting on the latter as well. I think the current favorable cap table will allow for a healthy run. It does look like a few legacy shares need to come out first but the recent trading looks like that is starting to happen now.

[stayfocused]

I'm betting on the latter because with any success this miniscule share structure will deliver, JMO

"One day could bring this to .01 or 1.00 depending on what people do."

[masterarms]

Yea, this is the exception to most rules. One person could make this stock look like the company is dead in the water over night. I like the volume lately, I think we'll see some weird shit happen before we get to big numbers, MMs don't have anything here and may try to bully us for a bit. Either way, One day could bring this to .01 or 1.00 depending on what people do. New faces around the board are a good thing, as well as increased volume and more PRs. I am confident that even if we lose, the company is trying to win - which is more than I can say for almost every other penny I've been involved with lol.

Also, may be talking completely out of my ass.

[stayfocused]

Major support levels over 3 years to watch for are .20/.18 with .16 being a 3 year low. Normally I'd say volume will be key but can't here because the flaming thing is illiquid and all it would take would be 3 days sustained multi 1-2k sells and we'd get there asap, lol.

[azininvazin747]

I realize you guys have been around alot longer but it sure seems like this stock is on track for something pretty good. The China Mobile connection has me pretty jazzed.

[stayfocused]

I think you're right. I think we were rolled out gratis to reel new custom in and also show whether we were a going concern commodity or not but I don't think that was immediately apparent in the past pr's. I was certain we were expecting revs from last september, but hey ho, better late than never.

[masterarms]

Yea, unfortunately Mr.Lee is not a rockstar ceo you might find in Silicon Valley, haha. Either way, the company seems on track to do what we are hoping for. I'm going to send an email to Ruby, this one nice, and hope she responds. I'd like a little clarification on the exact rollout plan or structure. Are we free in some provinces? Will we make more rev sharing deals with CM? I wonder if the app was always paid and CM was collecting w.e revs and allowing UMEWF to list on their app store? That would seem as though we got the shit end of the stick, unless there were time frames involved. Idk, shit gets confusing. Either way, can't wait for more news.

[stayfocused]

I agree, I've looked over all the past updates and this is the first update that I can make out that definitively says a number and rev sharing/revs coming in starting at a certain date. Yes 600k may just be the start of something big. But Mike Lee needs lessons in being on TV because he came across as being a sheep (on CNBC) as far as I'm concerned. Oh well onwards and upwards

[masterarms]

Also, I know not a crazy amount but we did see 60k on a ask slap yesterday. Hopefully insider/s?

[masterarms]

The first part says 600k and the second have says like 1.6m i think. Two different peovinces, only one province was named in profit sharing with china mobile though. Worded funny? Either eay, 600k isn't the worst lol, gotta mean some revs.

[stayfocused]

Just from today's news I get 600k users in Ningxia province and that's it. Where do you get 3m from?

[masterarms]

What do you make of today's news? Do you eead it the same as me? 3m paying users?

[masterarms]

http://finance.yahoo.com/news/umeworld-launch-revenue-sharing-pilot-123000145.html

Yea, it looks to me like they just announced close to 3 million paying users. Ready for dollar land? Cuz I could use a new house, haha.

[brewpup]

UMeWorld to Launch Revenue Sharing Pilot Program with China Mobile
More good press today. It sure feels like things are really getting going.

[masterarms]

Don't lose hope! While neither of us have seen significant gains from our money we haven't lose anything either. The upside is too big to miss out on. That said, I did trim my position a bit a month or so ago.

[masterarms]

I would say you nailed it, but I have also been here for years lmao. I think we've been seeing the result of marketing though in the stock price lately. Definitely have noticed more weekly volume. I'm in it for multi dollars. Good luck, welcome to the board. Hopefully we get much more active soon.

[Leejaythe2nd]

https://edtechdigest.wordpress.com/2016/05/10/chinas-got-educational-game/

[stayfocused]

You're right in one thing, it's good to get him on CNBC but he completely sidestepped the revs question by saying partnering with China Mobile gave them credibility. I guess we have to wait another 3 years before we see if anything substantial is coming our way. PPS has been static for 3 years for me and can't wait forever so EOY tax selling may be the way forward for me.

[azininvazin747]

UMEWF CEO on CNBC

Second time in the last couple of weeks that I've had a CEO of one of my stocks on CNBC, it's exciting to see. Lots of potential with this one, glad to see it's getting media attention.

[brewpup]

It sure seems like a huge potential. Obviously a huge population to be dealing with. I hope my timing is good. Seems like a really solid floor in the high .20's

[stayfocused]

You're not wrong on the potential here and your timing might be spot on, but I thought my timing was spot on over 2 years ago. JMO

[brewpup]

First post on IHub, I tend to stick around the Yahoo boards but not much activity there on UMEWF there. I've been picking up a few shares the last few weeks. Seems to me they are in a market that could explode. Any thoughts you long timers can share with me.

[stayfocused]

LOL, I'm still learning after all this time. If we knew everything we wouldn't be sat here making no money on this board Enjoy your weekend!!

[masterarms]

Plus, I'f I am not mistaken they have to release quarterly info by the end of May, right? I should really know these things by now. So difficult for a new investor learning on his own. I'll be new for another 5 years at this rate.

[masterarms]

Yea, I feel you. We are seeing more bid support and a bit more volume recently. I can't sell now, I trimmed my position a bit but I'm still unhealthily invested in this stock. I'll either lose like 7k or make like 40, it's going one way or another lol.

[stayfocused]

I've thought all along how promising their updates sound but alas nothing has led to sales/revs. Last chance saloon for me, can't hang around forever with nothing concrete to hang my hat on. JMHO

[masterarms]

http://finance.yahoo.com/news/umeworld-provides-corporate-123000028.html

Sounds promising. Still hanging in there. Lol

[stayfocused]

Haha, I'm ready

[masterarms]

http://www.umeworld.com/

New website, I'm seeing dollar bills.


http://www.umfun.com/

[stayfocused]

Yep we shouldn't really disuss anything apart from UMEWF on here. Just go to the menu and look up the different kinds of boards with 'general trends', there's plenty of them here on Ihub.

[masterarms]

Yea, i'm putting money into tech/alternative energy/global infrastructure/telecom. These industries all have potential to benefit each other but I can't see how they can really hurt each other. Not sure if we are allowed to discuss such things on these boards. I wonder if it would be worth creating a new board to discuss general investing strats.

[stayfocused]

I've just culled a few stocks but energy is a place I'm looking at. Can't see how that isn't gonna continue to rebound.