Friday, September 21, 2012

MIMV recent doubling..still strong...A hunch to .40

In a prior newsletter @ www.greenbackers.com  we stated MIMV taking a breather....was @ .25....
Not really letting up however....Or just yet...
0.29 Up 0.01(3.57%) 12:36PM EDT
Day's Range:0.25 - 0.34
52wk Range:0.04 - 0.60
Volume:282,509
Avg Vol (3m):115,225
Market Cap:14.78M
Chart forMimvi, Inc. (MIMV)

Longer term..impressive
Chart forMimvi, Inc. (MIMV)

Recall discussions on history of jumps back around .40 or so intermediate term.
 
Chart forMimvi, Inc. (MIMV)


Re-reviewing older articles / several expanding on MIMV increasingly as a takeover candidate:
  • Companies That Combine Mobile Search And Socialat Seeking Alpha(Fri, Sep 14)
  • Search, Discover And More: Finding The App In Appleat Seeking Alpha(Tue, Sep 4)
  • The Real Gold In The Mobile Marketat Seeking Alpha(Thu, Aug 30)
  • 5 Undervalued Plays In The Mobile Arenaat Seeking Alpha(Wed, Aug 29)
  • Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)
    As I indicated in my last piece, the big winner in the latest Patent War may very well be Microsoft. All of the heavy-hitters in the mobile space - Apple (AAPL), Google (GOOG) Microsoft (MSFT) and Facebook (FB) either partner or acquire engineering expertise from smart start-ups and/or niche players, to give them the necessary competitive edge. With this in mind, where else should we be looking in the mobile space? Here are five undervalued plays in the mobile arena that I believe need to be watched more closely.
    Vringo (VRNG)
    Vringo, Inc. is a video sharing platform that allows users to create and share video ringtones on their phones. Vringo will soon confront Google in a patent infringement case over the claim that Google stole Vringo's patented expertise in its search advertising technology. Speculation that it will triumph has increased after it received a positive Markman ruling (which defines what language the jury will hear in deciding whether the patent has been infringed or not) in June and especially after Apple, Inc. was awarded $1.049 billion from Samsung Electronics (SSNLF.PK) in its patent infringement win last week.
    Mimvi (MIMV.OB)
    Mimvi has been called the "Google of mobile search platforms." It's search engine has become the leading platform for providing search services for Mobile Apps, Mobile Content and Mobile Products across all platforms including iPhone, Android, Blackberry and Windows devices. Mimvi also offers Amazon-like recommendations under each search result it presents. Mimvi plans to generates revenue with its search results similar to the way Google generates revenue with its search results, including a product offered by Mimvi, called MimviLink, which provides a way for consumers to access mobile apps related to the content they are viewing on the web. Thus MimviLink will allow any company with a mobile app to gain greater exposure for that app, by having it matched and displayed next to pertinent web content. Mimvi's main competitors have been commanding quite a bit of attention lately. Earlier this year Chomp was taken over by Apple and in June, Quixley raised $24 million, including an investment from Google chairman Eric Schmidt's firm, Innovation Endeavors. The mobile search environment remains hot as the revenue opportunity for mobile based search and recommendation is enormous. Mimvi has become a strong takeover target, especially as it has succeeded in recruiting several top executives from Google.
    In addition, recall NBT pounding the table on them.  Their most recent input: 
    Facebook's Move To Search Says Mimvi Is In the Right Space
    Facebook (FB) CEO Mark Zuckerberg helped build the Facebook revenue case by announcing that the company is looking to combine its dominance in the social media field with the increasingly lucrative mobile search sector. At the TechCrunch Disrupt 2012 Conference in San Francisco he shared the following:
    - Facebook is already processing 1 billion search queries per day

    - While most searches are to find other people, many are also for businesses/brands and apps.

    - Search is a "big opportunity" and is one that Facebook is "uniquely positioned" to go after.

    - Facebook already has a team working on search.
    The increases the heat for Mimvi with its new “Mimvi Echo” app discovery service launching in October. They are creating a “Super Platform” for combining their new Lone Wolf social media reach--@79 million Twitter members—with app discovery.
    Here’s a new article on Social Search and another on Finding the App in Apple from Seeking Alpha.

    About Mimvi

    The Mobile Apps (or Applications) Revolution is upon us.
    Mobile Apps are the new "websites", and Mimvi (OTCBB: MIMV) is a company conceived to accelerate this megatrend.
    If you are an owner of a smartphone, you'll understand the frustrations with trying to find the right Mobile App. Mimvi, Inc., a pure-play search and recommendation engine, addresses this issue. It enables consumers to quickly discover Mobile Apps, Mobile Content and Mobile Products across all devices and platforms, including Apple's iPhone, Google Android, Blackberry, Windows and Nokia devices.
    To provide some insight into the magnitude of the Mobile Apps opportunity, the demand for Mobile Apps is increasing at an unprecedented rate. By 2015, it is estimated that users will annually consume more than 25 billion Mobile Apps.
    Ultimately, Mimvi anticipates hundreds of billions of searches will be conducted through its unified search platform, enabling people around the world to find relevant Mobile Apps, Mobile Content and Mobile Products -- from China through to Europe and beyond.  
Mimvi's technology is based on proprietary search, recommendation and personalization algorithms. It was released in July, 2010.

    Monday, September 17, 2012

    URZ best chart this week under 2....bullish report

    Worth a look.
    Solid trending from 1.40 to 1.85 in last week...Added risk, but still like for trending to 2 on nature/steadiness of current technicals.
    Uranerz Energy Corp. (URZ)
    -NYSE MKT
    1.88 Up 0.09(5.02%) 1:45pm EDT - Nasdaq Real Time Price
    Volume:294,019



    Bullish news today.
     
    Microcap specialists nbt bullish report on URZ from late last week:
     
     
     
     

    Initiating coverage of Uranerz Energy Corporation (URZ) with $5 target for 2013 or 3.5X Upside

    Opening the World’s Next Major Uranium Supply in United States: Initiating Coverage with Strong Buy Rating and 3.5X Upside with $5 Target for 2013
    Investment Conclusion: We are initiating coverage of Uranerz Energy Corporation with a Strong Buy Rating and $5.00 target price on 92.4 million shares fully diluted on a $3.50 NAV and 1.5 DCF multiple to represent M&A premium.
    Investment Thesis: Uranarerz Energy Inc. is now with a few months of opening the world’s next significant uranium mine at their Nichols Ranch facility in Wyoming…and it’s just in the nick of time.
    URZ has all the approvals and agreements to begin mining - except the Deep Disposal Well UIC. Uranerz has all other approvals from the State and NRC, including the UIC for the injection wells in the well-field. URZ does have a permit for a 2 MM lbs U3O8 ISR plant which it won't immediately be using, and permits from the BLM are not required at Nichols Ranch.
    But the Underground Injection Control (UIC) permit is required before Uranerz could start using a deep disposal well to inject fluids back underground.
    For ISR to work properly, about 0.5-1% of the groundwater must be removed from the system and these liquids need to be disposed of in order to make sure that proper convection occurs within the well fields.
    Preparing for Plan B. Currently it appears Uranerz is preparing for Plan B. While it holds out hope it will get UIC permits for the deep disposal well, an alternative option is to bring that excess liquid to surface and have it evaporate in ponds, rather than sending it down a disposal well. This method is NOT much more environmentally invasive. Construction of the evaporation ponds would take three to four months so we aren't yet in a position where production would be delayed, although amendments to existing permits would have to be made to allow surface evaporation.
    The company is suggesting that it may go the evaporation route first to keep production on schedule, and then follow it up with deep disposal wells following approval.  NOTE: The Plan B route could cut water disposal Capex in half as compared to the cost of drilling a deep disposal well, and operating costs shouldn’t be materially impacted. The deep disposal wells are each about $2.5-$3 MM (two required), whereas the evaporation pond cost would be about $2 - $2.5 MM.
    Total Capex remaining is about $35-38 MM for which URZ has about half the cash in the bank and ample capacity to raise additional equity or capital in the Canadian capital markets.
    No ISR plant required. Currently Uranerz are drilling the production and extraction wells at its Nicholas Ranch property. The company does not require an in-situ recovery or ISR plant at this point because it has toll milling arrangement with Cameco’s Smith-Highland ranch literally next door.
    We currently forecast URZ production to begin towards year-end 2012, but further delay of the UIC permit or amending existing permits to allow evaporation ponds could potentially delay production into next year.
    And given the massive major transition in world uranium supply/demand balance…this new plant coming on is JUST in time.

    NBT Equities Research