KU6 Media CO., Ltd. (KUTV)

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Never was a big volume stock. All the China plays start out small. You just have to hope once they are discovered that there are no shenanigans going on with the books. Cause when these little guys get discovered and accumulated, they will run.

From Last Q numbers:
Total revenues from continuing operations were $4.2 million, up 5.0% from $4.0 million in the second quarter of 2011, and down 2.3% from $4.3 million in the third quarter of 2010. Performance advertising revenue increased continuously and accounted for 72.3% of total revenue in the quarter, as compared to 19.9% in the second quarter of 2011.

That Performance Advertising Revenue is crucial here. As you see, revenues was up just $200k from the preceding Q, but it accounted for 72.3% of the revenue vs. just 19.9% and the loss decreased significantly. It seems PAR is picking up and with the new YouTube agreement, might see a nice exponential jump in revenue and a big profit later this year.

From Last Q numbers:
Net loss from continuing operations was $13.0 million, down 39.8% from a loss of $21.6 million in the second quarter of 2011, and up 2.4% from a loss of $12.7 million in the third quarter of 2010.