iMing Corp (fka IMNG)

[pivotpoint1]

IMNG

iMing Corp. is positioning itself to be a leading provider of this technology through the Web in China and eventually expand into North America and Europe. Below are some key points that make iMing so appealing at the moment:

Over 32 mln Web TVs will be sold in China by 2015, which makes up 54% of market share.
With iMing viewers can watch over 10k online HD Movies, Live TV channels, pre-recorded TV programs with a click.
Web-based TVs trending to capture 50% of worldwide TV sales by 2014.
China has a gross online user base as of July 2012 of 538 mln internet users, more than the entire population of the United States. It is anticipated that China’s internet population will hit 718 mln by 2013.
One thing that makes IMNG so interested is that they’re nowhere near the massive market cap of their competitors like Baidu, currently worth over 33 BLN.
IMNG is one of the best ground-floor opportunities by Chinese dot-com standards, with a market cap of just 96.94 mln.
Just the TV Internet piece of iMing’s business is estimated at 8.7 bln in 2011 and is expected to reach over 15 bln by 2018.
Although the Chinese e-commerce world is still fragmented, it is still valued at 45 bln and is growing at 45% a year.