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Tyler was supposed to get an update from mark yesterday afternoon, so i will call him shortly and see what i can find out
That's possible i guess, i have a call in to ir. I post when i hear back
Yahoo has an edgar filing for yesterday listed. I'll see if i can find out what the story is
2009 financials posted. Looks like we are finally getting what we been waiting for! Glta! Should be a good trip going forward
As long as people stay on topic with the current company it will not be a problem. Any posts regarding other companies will be deleted
This is a good clean fully reporting shell. Just needs a business
Very interesting company with tremendous potential
I have heard rumors of a merger acquisition that should happen soon
Things should start moving here very soon
Sounds like a plan! : )
Agreed! We should be able to move up much easier when off the pinks. And i think you are right, they been holding a lot of news and the new release back till after the uplist. Best of luck
I talked to him last week, financials should be out very near future as well as new release of the Sofit app
No doubt huggums.... glad that dopey dog person is gone, that person really enjoyed deleting posts..... from what i heard from ir,things should get rolling here very soon. Best of luck!
This is just my opinion, but what I think happened is that IAGM (through their connections) was able to secure the opportunity to create the app and platform for walk a mile and be involved with an olympic program as well as the state department. I think they never really had any plans to advertise or push this initial version of soFit other than for that event. If according to the news item put out by circadian the event garnered us in the neighborhood of 10,000 users then I would say it was very successful.That means it not only got us a nice base of users, but also gave them the opportunity to load test the app, giving them an idea of how/what resources will be needed to scale out the infrastucture for exponentially more users.
I think the real action (extensive social media marketing campaign) starts with the next release. Hopefully we will be hearing about that and the financials very soon. Once those 2 items are out, I think we will be seeing news regularly.
GLTA
Yup, I'm sure they Mark and Co. are pretty well known in Canada, so getting on a canadian exchange could bring in some good volume... Then they just got to grow the company and get us to where we meet NASDAQ requirements : )
Yes, good to see the audit is close to complete and they still have uplist as a priority. I must say the management here has been very professional and they have been completing everything they say they will (Pretty rare these days on the small caps, LOL).... Dual listing sounds good, I'm thinking most likely the otcbb and one of the canadian exchanges Vancouver, Toronto, etc
Circadian put out the following announcement this morning:
InterAmerican Gaming Inc. (OTCPK:IAGM)
Last week one of the most promising publically traded tech companies, InterAmerican Gaming (OTC: $IAGM) maker of SoFit, took a pretty big hit. The stock fell to under $0.01 as a panic seller-- who apparently was desperate for $25,000 or so-- dumped his entire position on a quiet trading day. Needless to say the stock dropped, but nothing but positive things are happening at the company….
The company is currently in the best position it has ever been, and is working on some serious deals. Take a look at their Twitter account from last week when the company was invited by Hillary Clinton/ the US State Department in Washington to speak:
https://twitter.com/#!/sofitmobile/media/slideshow?url=pic.twitter.com%2FOEcgwnek
We currently consider this to be the Greatest $IAGM opportunity on record due to several key factors:
· $IAGM is trading at roughly a 33% DISCOUNT to the prices “smart-money” high-net-worth Investors put $800,000 into the company in recent financings;
· $IAGM has been live for 2 months and has quickly surpassed the ~10,000 (whisper numbers) user mark
o Endomondo, a newer social fitness App, garnered 10M users in 11 months, and $IAGM has the network, personnel, and platform to engage that much and more.
o A recent article on TechCrunch.com about RunKeeper, a competing App, talked about how the company is worth much more than $1 Billion. SoFit has so many more lucrative ways they’re earning revenue from its users they could blow this number out of the water; this would translate into a $5+ stock price!
· What is a fair valuation for $IAGM / SoFit? The Worth of a Social Tech Firms is based upon how many users they have and the value of each user. Taking a median user valuation of $50/subscriber, $IAGM would be worth $500MM in a year (with 10m users) – a stock price of ~$2.85 given the current share structure.
o This target would turn every $10,000 invested into well over $1 million
A Quick Re-cap of who InterAmerican Gaming is, in case you forgot:
InterAmerican Gaming Inc. (OTC: IAGM) is a digital technology company that develops social mobile applications. IAG builds industry-defining businesses through a combination of organic growth and acquisitions.
SoFit, $IAGM’s first product, is the first Social Fitness Mobile App of its kind. $IAGM / SoFit allows you to not only track and trend your fitness indoors (Bluetooth to gym cardio equipment) and outdoors (walk, run, bike), but takes it to the next level and allows you to challenge your friends and celebrities in real-time no matter their location.
A reason we think the SoFit app blows away its competitors is whenever you’re using the app you’re earning points for the monthly sweepstakes, as well as random gift certificated from cool retail establishments such as American Apparel and Zappos.com (SoFit earns about 50% of the face value of these coupons as revenue) .
$IAGM / SoFit also allows you to raise money on a per mile basis for you favorite charities as well as athletic partner charities (think NYC Marathon)-- $IAGM/ SoFit makes 7% of all money processed through their platform.
$IAGM / SoFit looks to also earn revenues from licensing their App to large health insurance companies and corporations to encourage a healthy lifestyle for policy holders and employees lowering claims and costs.
What Corporate and Mobile App events will spur User Growth and Share Price Increases?
The most recent $IAGM Press Release summarizes the superb advent and growing network of the SoFit Mobile App –
$IAGM is pleased to announce an update on the success of the SoFit Mobile app launch.
There are several Key Corporate progressions that should lead this thin stock considerably higher in the very near future.
· The much anticipated SoFit Mobile V2.0 and 3.0 are estimated to be out in the next few weeks. Growth potential is astounding given that cycling; off-line Syncing via gym cardio equipment will be added.
· Previous guidance leads us to believe that $IAGM should be FULLY REPORTING within a Month.
o Dollar Volume and more Traders and Investors will statistically increase as $IAGM becomes an SEC reporting company.
· $IAGM is ridiculously thin with a ~25M Float. Recent Level II Quotes have shown only 150K Shares (Under $6,000) is available under $.05 – it looks like it will move up fast with any buying volume.
What is the Technical Analysis of the Current $IAGM Chart?
The $IAGM chart looks incredible at these prices - http://scharts.co/O3NjSl
The Large Panic Sells and Market Maker Shorting hit 9/6 and 9/7 of this Month, sending $IAGM well below its Transparent Financing Prices ($.02, $.03). Accumulation has quickly reversed in the seller’s absence, and RSI has turned as well.
$IAGM was oversold with RSI’s under 30, and it now is positioning itself to show an Absolute Breakout Trend. There is plenty of room to run, and the coming Positive MACD Cross should replicate the ~100% ROI MACD Cross on 8/17 that put $IAGM back to $.05.
The first Resistance is the 200SMA at ~$.03, and all 3 SMA’s should be crushed quickly in the wake of this uptrend. The trading channel should quickly return to $.04 - $.06. Good news after this should propel the stock into the $0.10 - $0.25 area.
Bottom Line:
We feel SoFit will go viral through charity/ marathon/ celebrity partnerships over the coming year. SoFit is one of the best, most companies we’ve ever profiled and urge you to do some further DD:
Recent Press Releases: http://interamericangaming.com/news/
Stock Quote: http://finance.yahoo.com/q?s=$IAGM&ql=1
SoFit FB Page: http://www.facebook.com/sofitmobile
$IAGM Stock Research Report: https://d1ky22hjsenqhd.cloudfront.net/assets/7786cd6b-44e7-4dcb-a1f4-27451f240d4e/original_Initiation_Research_Report__Date_of_Issue_July_24__2012_.pdf
Questions?
Any questions about InterAmerican Gaming (OTC: $IAGM), or SoFit, should be directed to Investor Relations:
Toll Free: 1-866-865-2780
Sure has! Some good news might get us back on track
interesting movement, maybe some news coming?
Agreed, also an update on when the next release will be available. From what I understand, it will have significant enhancements and will include the charity module and will be usable for marathons, etc
I got to get some money in my account! this is FREE money from here,no question
Glad to be back, was on a long trip and had very limited internet access..... I think we are still moving in the right direction as a company. Def looking forward to the audit being complete, the uplist being applied for, and the second release to come out. These should happen over the next couple months and should push us to the next level.
Investors also have to keep in mind, this is the start of tax selling season especially for micro caps, people may sell for any number of reasons. And if you keep your eyes open you can get some really great bargains. I think this company is going to produce BIG TIME, and with selling like this going on you can really pick up shares on the cheap!
From what I have heard, we should be getting an update on the Audit in the very near future. I also asked about equity financing and they are not doing any in the open market, and any shares that were bought through financing were bought at and above the .02 mark. I still firmly believe this was just one shareholder getting out (I think I even know who it is, and it has nothing to do with this companies prospects, they just needed cash ASAP)
GLTA
I agree, once we work through this block of shares and get some good news it should pop right back up to the 05s again
Maybe, Personally I bought in this past winter and early spring and am averaged at below .01
Not necessarily, someone just may have wanted/needed to get out, it happens and when it is on a low volume stock it really hurts the PPS temporarily
Thanks for letting us know, that sounds good! Just hearing something from the company will increase investor confidence. Getting on the OTC should help us out a lot
Hopefully we will be getting an update soon, I think everyone here wants to know what the download numbers and user numbers are, not to mention an update on the Audit, which our audit firm has been working on for 3 months now.
GLTA
Yup! Prob rest of this week and next.... They certainly came up with a great way to launch the app and it should immediately pull in a nice number of users. Then it should just snowball from there.
I was a little surprised too, I think they both went live after hours tho and they probably just wanted to make sure so as not to cause any confusion.... I'm betting we will see something today. This is GREAT tho, management has been hitting all of their marks!
VERY NICE! Good finds everyone.... looks like everything still right on schedule. This should create a major amount of awareness for the kickoff of our APP!
Cool! Thanks for the update, sounds like everything is right on schedule!
Agreed! Top notch Execs and board and they are also working with top notch auditors and tax advisers. And best of all, they have been completing everything they said they would on time and have been giving regular updates. The niche they are filling has till yet not been serviced with any quality products in the App arena
Lucky, the app still hasn't launched yet, how are you judging interest in the app???
I been doing the same, also spreading the word about the App as well, I know a lot of folks that are into running and exercise and many of them do charity. They are excited about SoFit!
Me too! This is gonna be a good one!
No doubt, and financials being released and subsequent uplisting is on the near horizon as well and that will expose us to whole new population of investors that don't to invest in Pinks
Good job! Time is getting very short before the launch and the run up. I think this week no news because of the Canadian Holiday on Monday and US Holiday on Wednesday. I'm thinking starting next week we will be getting a steady stream of news and some big announcements leading up to the launch. GLTA
Good find Huggums, keep up the good work! July should be very interesting!
Another nice day to end the week 450 K in volume and nice 28% increase in PPS. I think we will be seeing a lot more news and action with the PPS in the run up to the release of the App. This should be a very interesting July! GLTA