Logiq Inc (LGIQ)

[PooPooStocks]

I admit that I am typically a basher by nature but STOA actually has me intrigued. Is it possible...after all these years of trading...that there is actually a REAL company trading for pennies per share worth buying?

I've been piecing together the facts here. So far, I'm impressed.

1. Sitoa has received investments from ICCP Venture Partners and Bill Porter, founder of eTrade. Very impressive.

2. Sitoa built the marketplace platforms for Sears.com, Homedepot.com and Target.com and subsequently added in proprietary elements of social media to create the "Focused Social Marketplace" platform. Again, very impressive.

3. Chunjie365.com, the Company's first China marketplace has officially launched. They currently have over 300 products now selling online to China with 500 product listings anticipated by years end. This will begin generating additional revenue.

4. Chunjie365 has structured strategic relationships with several market leaders including Alibaba.com's "Alipay" system, iMedia's QQ mobile advertising platform and Zibolan's Baidu and Google keywords program.

5. I did some digging on Sonsi.com. Check out what I found. Apparently Sitoa is also doing business with CHRS, a $400 million NASDAQ company.

From the most recent CHRS press release...

Charming Shoppes Goes Global Online
1:00p ET October 18, 2011 (PR NewsWire) Charming Shoppes, Inc., the leading women's specialty plus size retailer in the U.S., (NASDAQ: CHRS) is pleased to announce that today, for the first time, consumers shopping for plus sizes around the globe will have online access to fashion brands Lane Bryant, Cacique, Catherines, Fashion Bug and Loop 18, as well as the more than 300 brands offered at the Company's new plus size shopping hub, Sonsi.com.