Media Analytics Corp (OTCMKTS:MEDA) is making a spectacular move up on record breaking volume after BestAmericanStocks /ElitePennyStock annonced it as their new big pick. The volume on MEDA is particularly impressive today making this recently unknown stock one of the top traded stocks on the entire bb’s.
BestAmericanStocks/ElitePennyStock has been building a name for themselves since their recent pick GLRKF ran from well under $0.15 to a high of $0.644 after they announced it as their pick.
Media Analytics Corp (OTCMKTS:MEDA) says their social media tools and solutions enable advertisers, publishers and agencies in the U.S. and U.K. markets to gather deep social intelligence, generate true engagement and simplify promotional management.
MEDA is the official reseller of Klarity for the U.S and U.K. markets. Klarity provides detailed comparative metrics from the widest range of social platforms, and provides the added uniqueness for Western marketers to gain insights into the social behavior of Asian consumers.
The Company was incorporated in the state of Florida in mid-2011 as Fansport Inc. Later in September of 2013 the Company changed their name to Media Analytics Corp. From the beginning they planned to develop and provide social gaming mobile applications for fantasy sports enthusiasts.
To this end the Company entered into a licensing agreement back in September of last year with Social Media Broadcasts (SMB) Limited wherein MEDA will have the right to the sales and marketing of the Klarity Analytic Dashboard in Canada, the United States and the United Kingdom (including the Republic of Ireland) for a period of two years.
Under the terms of the agreement MEDA agreed to:
(a) an initial non-refundable fixed fee of US$300,000, which has been negotiated to be payable in installments over a 3-year period against technical deliverables by Social Media to our company;
(b) an annual technical support fee of US$60,000, which includes product customization, enhancements and upgrades, as well as client technical support and servicing; and
(c) a 20% royalty payment on all sales of Klarity Analytic Dashboard.
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The Company carries the Klarity licensing agreement at $300,000 on their books and this is currently their only asset as the Company has $0 in the treasury. While the Company has no revenues to date they are also not burning much cash yet as they have had limited operations to date.
ElitePennyStock seemed certain that MEDA would continue on higher today instead of giving back the mornings gains which is so often with these kind of picks stated
”MEDA will soar past 5 cents on Monday and continue heading upwards through the rest of the week to likely break 9 cents (and possibly 15 cents by the holidays. MEDA is in the sizzling hot tech industry. The company’s back end platforms enable advertisers, publishers and and agencies to leverage social media to create data driven strategies.”
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Conclusion: currently trading at a $4.5 million market valuation MEDA is the newest pick from BestAmericanStocks/ElitePennyStock of GLRKF fame. They started GLRKF at $0.13 and took it too $0.644 on record breaking volume.
MEDA traded the kind of volume that hints of bigger things to come its first day out. From illiquid to one of the top 3 most traded stocks on the entire bb does not happen every day and MEDA is quickly getting serious attention. If GLRKF is any indication of what is to come then MEDA deserves to be at the top of investors watch lists.
Disclosure: we hold no position in MEDA either long or short and we have not been compensated for this article.