Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII) Enters Commercialization Phase?
Unlike most Fridays, today could be exciting for shareholders of Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII). About an hour ago the company issued a press release which maybe enough to keep the hopes alive.
The announcement came in just in time. XUII closed the previous session a mere 1.15% up at $0.273. The price is already spiking in early trading and it’s actually possible the hype will be enough to get to the highs of May. Alternatively, it could trigger a selling spree.
The announcement causing all the commotion is that XUII claims it has competed the development of its player to accept commercial banner overlays and other advertisement tools. That is something a lot of pump players and traders have been waiting for because in theory this could mean revenues.
One may wonder what took so long, since Xumanii has had broadcasts in 2012, according to the website. That, however, is unlikely to dampen the spirits of the aforementioned people.
The pumpers haven’t mailed about this latest press release yet, but they are sure to do it later today. Whether the emails themselves will cause any market reaction is uncertain.
The press release mentions that the player should be ready to accept advertisement features for the next live broadcast. That should be the Mac Miller concert to be broadcast on Jul. 18.
At this point it’s anybody’s guess whether there will be sponsors willing to pay, and what if any revenues that could bring to XUII. Even so, the idea that Xumanii is moving to commercialization, maybe enough to keep it alive for a while longer. If XUII manages to generate actual profits that will be a first for an Awesome Penny Stocks pump.