Internet Stock Review

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Adding MoneyOnMobile (MOMT) $0.47 to Watch List.

Internet Stock Review, Monday 3/15/2017.

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1. Why Oh Why, Would the Billionaire Co-Founder of Square (SQ) $17, Join MoneyOnMobile (MOMT) $0.45, Which Has Market Cap Under $36 Million?

2. Immunomedics (IMMU) $6.30. Despite Being Up 100%, We're Disappointed. Where Is the Effen Short Squeeze?

3. New Age Beverages (NBEV) $4.30 Up Up 1,300% (were not disappointed) to Present at Roth Conference Today, March 15 at 11:30 AM.

4. Momentous Entertainment (MMEG). Can Momentous Revive the Once Proud Poolworks' VZ Social Networks, the German Facebook?


1. Why Oh Why, Would the Billionaire Co-Founder of Square (SQ) $17, Join MoneyOnMobile (MOMT) $0.45, Which Has Market Cap Under $50 Million?

Adding to Internet Stock Review Watch List.

We're back, with a vengeance for finding a great idea - and we've finally found it.

Feels like it's been forever since we've written up an exciting unknown Internet company, despite our name the Internet Stock Review. The quandary has primarily been due to structural changes in how start-ups are funded, which has near emptied our opportunity cupboard.

The changes have mainly been related to the practice of VC's emptying the cupboard, by indiscriminately throwing money at 1000's and 1000's of start-ups. In the past (forever - 2008) startups were funded early by a small IPO, reverse merger or a direct S-1 filing.

Microsoft going public with a valuation of $800 million, versus Snap's $3.2 billion raise and $23 billion valuation, shines a light on the opportunity problem here. Little early deals just aren't showing up on the market, like they used to.

It doesn't take a rocket scientist to understand it's near mathematically impossible for Snap to create as many millionaires in the next 30 years, as Microsoft did in its first 30 years - from the day one of their 1986 IPO pricing. To duplicate that feat, Snap would be valued at $5.5 trillion in 2047!

Despite this environment - we found one. Yes, we did. We're almost giddy at the potential and the opportunity to share.

We're time and price-stamping our MoneyOnMobile (MOMT) idea at $0.45, as our possible tenth find/client to later go up 10-fold, after adding it to our Watch List. That would put it at $4.50. It's not a price target, it's math.

Of course, only time will tell, but this has all of the characteristics of a big winner. We kid you not. Here's our heads-up, we should have a full report first summarizing and then detailing what we've found early next week.

For Now:

1. A market valuation under $36 million. Check.

2. The fintech product works flawlessly and is being used by 325,000 retail merchants and 8-10 million retail users per month. Check.

3. The "big picture" technology has been vetted beyond reproach, by a well-known soon to be billionaire, who has made $100's of million ($246 million the day his company went public) - in payment technology. Check, check.

4. Stroke of Government regulation luck (the market is India) which propelled MoneyOnMobile's march to becoming a household name. Prime Minister Narendra Modi announced on November 8th, 2016 in a televised broadcast - that at midnight that night, all 500 and 1,000 denominated banknotes (86% of currency) would become useless. This was just a few months ago, in case you were busy watching politics on the news.

Not surprisingly, it sent the country into a tailspin, riots ensued and the Indian stock market dropped by 6% in a single day. And suddenly merchants across India realized by using MoneyOnMobile, they could help their customers get access to cash without having to go to an ATM. Cha-ching check and mate.

5. Nobody, maybe because its customer base is non-US, has heard of it. Final check.

Of the three, we are most excited about Jim McKelvey's involvement, who along with Twitter (TWTR) founder Jack Dorsey, co-founded Square, which today has a market value over $6 billion.

The reason why we feel that is most important is in the fast moving world of technology where what's working today, could be outmoded by a deep-pocketed competitor tomorrow - these are the type of guys who "skate to where the puck is going, not where it has been."

Square is known for enabling anyone with a mobile device to accept card payment, even a kid with a lemonade stand. MoneyOnMoblie is known for letting anyone with a mobile device (with texting) to get cash from any of 330,000 everyday merchants or pay a bill (phone, TV, electric), even a kid with a Chicken Tandoori stand.

Finally, the MoneyOnMobile app has been used by 190 million India's resident's (unique phone numbers) in the four years since its launch (from scratch) so we know it works. They are now up to 8-10 million users per month and of India's 1.2 billion residents - 700 million are potential future customers, as they either don't have a bank account (70%) or they find getting to a bank or ATM to be a hassle and enormous waste of time.

In India, there are only 155,000 bank branches and only 200,000 ATMs.

Let's do the math, that's 7,774 customers per branch and 6,000 customers per ATM. Imagine the drive and time to find one and the line when you do.

The US has an average of 700 customers per branch and we get mad when there are more than 6 people in line. These poor people. But now they can go in any 7/11 (their 7/11's typically don't have ATM's) and go right to the register, at any one of 335,000 locations and get cash.

With their phone. Hello, can you hear me now?

BTW, CBS 60 minutes did a great piece on how fintech is enabling phones to replace cash and checks. In the video, they mention that in the US you can use smart-phones to pay for things, but you typically need to be linked to a bank or credit card. But in places like Kenya (and now India) you don't need a bank account. You don't need a credit history, defining the future of money.

CBS 60 Minutes Video (before it's taken down):


2. Immunomedics (IMMU) $6.30. Despite Being Up 100%, We're Disappointed. Where Is the Effen Short Squeeze?

When we first added Immunomedics (IMMU) at $3.00, our basic investment thesis was that "fake news" put out by short-sellers would be snuffed out (along with the short-sellers), by news of a potential partnership related their novel cancer treatment IMMU-132 and that the technology was vetted by its largest outside shareholder, the venerable VenBio.

We always like to focus on the least complex part of a story.

Well, wouldn't you know, the fake news was snuffed out, they signed a $2.5 billion partnership and VenBio (which is trying to cancel the partnership for a better deal) essentially took over management - but the short-sellers still haven't been snuffed.

What gives. We believe all biotech companies are trading vehicles (news, event related). Our vision was any significant news would result in a rush to the exits by the short-sellers who held 23 million shares short. We envisioned a spike in price to over $10. But it didn't happen.

So despite being up over 100%, we're disappointed. And despite all the noise (partnerships, proxy fights, etc) there is still risk FDA approval risk. We are re-assesing our interest.

Initial write-up:


3. New Age Beverages (NBEV) $4.30 Up Up 1,300% (were not disappointed) to Present at Roth Conference Today, March 15 at 11:30 AM.

New Age Beverages (NBEV) has had stellar find/client performance gaining 13-fold from $0.31 where we added to our Watch List in February of 2015, to a recent high of $5.84. Similar to MoneyOnMobile, we had a 100 thousand share position, it would be nice to have two men on base.

New Age Beverage's CEO, Brent Willis, and CFO, Chuck Ence, will be presenting on Wednesday, March 15 at 11:30 AM Pacific time and will be available for one-on-one meetings with investors who are registered to attend the conference.

For additional information or to schedule a one-on-one meeting with New Age Beverages management, please contact your ROTH representative, or Amato and Partners, New Age Beverage's investor relations firm, at

Initial write-up:


4. Momentous Entertainment (MMEG). Can Momentous Revive the Once Proud Poolworks' VZ Social Networks, the German Facebook?

If you believe sites like the once uber-popular MySpace can be revived, you have to follow the progress Momentous which just acquired Poolworks - which spurned an offer to be acquired by Facebook in 2008, shortly after that were acquired by Holtzbrook for $130 million. Yup, they should have taken that flip.

Should be interesting and if successful, inspirational.

Follow here:

Momentous Entertainment Group Closes on German Social Networks studiVZ and meinVZ Acquisition.

DISCLAIMERS. Past performance is no indication of future performance or even inkling into future performance.

MOMT: This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on August 19, 2016. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. Client, we were compensated with one-hundred thousand shares and five-thousand dollars, from the company.

IMMU: This release, in addition to historical information, may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Such statements, including statements regarding clinical trials (including the funding therefor, anticipated patient enrollment, trial outcomes, timing or associated costs), regulatory applications and related timelines, out-licensing arrangements (including the timing and amount of contingent payments under the licensing and development agreement with Seattle Genetics), forecasts of future operating results, potential collaborations, and capital raising activities, involve significant risks and uncertainties and actual results could differ materially from those expressed or implied herein. Factors that could cause such differences include, but are not limited to, the Company's dependence on business collaborations or availability of required financing from capital markets, or other sources on acceptable terms, if at all, in order to further develop our products and finance our operations, new product development (including clinical trials outcome and regulatory requirements/actions), the risk that we or any of our collaborators may be unable to secure regulatory approval of and market our drug candidates, risks associated with the outcome of pending litigation and competitive risks to marketed products, and the Company's ability to repay its outstanding indebtedness, if and when required, as well as the risks discussed in the Company's filings with the Securities and Exchange Commission. The Company is not under any obligation, and the Company expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise. Not a client, associated person have open market positions.

NBEV: This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of the Company including statements regarding New Age Beverage's expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. New Age Beverages competes in a rapidly growing and transforming industry, and other factors disclosed in the Company's filings with the Securities and Exchange Commission might affect the Company's operations. Unless required by applicable law, New Age Beverages undertakes no obligation to update or revise any forward-looking statements. Past client, we were compensated one-hundred thousand shares, from the company.

MMEG: This press release may contain forward-looking statements, including information about management's view of Momentous Entertainment Group Inc's (MMEG) future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of MMEG to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents MMEG files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on MMEG's future results. The forward-looking statements included in this press release are made only as of the date hereof. MMEG cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, MMEG undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by MMEG. Client, we were compensated with ten-thousand dollars for a series of updates, from the company.

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