Amwest Imaging Inc. (“AMWI”, or the “Company”), a very aggressive penny stock
, is a technology company whose primary business is providing relationship-building tools and processes that help any business cultivate profitable relationships with customers, all through web based solutions.
AMWI is a development stage company, focuses on helping companies become efficient through digital conversion and indexing of documentation. Its target markets include state and local governments, the medical field, construction industry, legal firms, and other business that have storage and retrieval needs. The company was founded in April 2010 and is based in Las Vegas, Nevada.
AMWI closed Wednesday, November 23rd at $0.174 trading in a range between $0.171 and $0.185. That’s a day range for potential profit of 8.19%.
AMWI is focusing on a very niche market with their business model. There are several companies offering web-based solutions, but the following 2 have a niche in the restaurant/hospitality industry:
Open Table, Inc., (NASDAQ: OPEN) utilizes similar technologies and platforms as AMWI, but their function is to get out information about various restaurants then allow users to make online reservations. “OPEN” stock is currently trading at $38.00 per share.
Intuit Inc. (NASDAQ: INTU) purchased Homestead Technologies Inc. for $170 million. Homestead offers two ecommerce solutions to customers of its webhosting services: users can add a PayPal shopping cart to its basic service, or they can use Homestead Storefronts, which is based on eBay’s ProStores technology.
The Intuit Senior Vice President of Small Business Group said, “This acquisition supports our growth strategy in small business by addressing an underserved need, and continues Intuit’s move beyond financial management solutions into helping small businesses solve other important problems. Homestead helps us solve one of small businesses’ highest priorities – attracting customers – by helping them succeed on the Web.” “INTU” stock is currently trading at $54 per share.
For the last 10 days, AMWI has been extremely busy and it shows on their stock chart:
Highlights of their recent activities which made the news:
LOS ANGELES, CA–(Marketwire -11/23/11)
Amwest Imaging Incorporated (OTC.BB:AMWI) announces it has completed the development of its iPhone Application for its proprietary Zipclik encryption software, and is looking forward to its pending release in Apple’s “app store.” The application now provides the ability to utilize peer-to-peer encryption for voice calls between iPhone users.
This important application will allow iPhone users to have secure, encrypted calls when using VoIP (Voice Over Internet Protocol) calls using Skype and other VoIP services, when the Zipclik software is installed on their iPhones.
Security researchers Biondi and Desclaux have speculated that Skype may have a back door, since Skype sends traffic even when it is turned off and because Skype has taken extreme measures to obfuscate their traffic and functioning of their program. Several media sources reported that at a meeting about the “Lawful interception of IP based services” high-ranking unnamed officials at the Austrian interior ministry said that they could listen in on Skype conversations without problems.
In short, there are many difficulties with having a secure conversation using Skype and other VoIP services.
In looking at the potential of user groups for Zipclik software, the Company looks to recent market statistics: Wired magazine announces that iTunes now boosts over 200 million users and the ever-popular Skype software continues to grow past 625 million registered users.
LOS ANGELES, CA–(Marketwire -11/22/11)
Amwest Imaging Incorporated (OTCBB:AMWI) announces the launch of its unique SMS/Mobile marketing package as a part of the monthly services available to clients of http://www.MyRestaurantWeb.com
(“MRW”). MRW is a wholly owned subsidiary of Amwest Imaging which was acquired earlier this year.
The president of AMWI, Jason Gerteisen, remarked that, “To develop a useful SMS program, the cost may be upwards of $500.00 to $1,000.00 per month. However, the mobile marketing package that MyRestaurantWeb.com offers looks to capture a significant market share of this virtually untapped Multi-Billion Dollar sector by competing directly with ‘Do-it-Yourself’ website builders and others, at a drastically lower $49 Dollar per month. In fact, I am not aware of any ‘Do-it-Yourself’ website builders that offer SMS marketing as part of their package other than us.”
Mr. Gerteisen continued, “We also believe there is unlimited potential in mobile advertising and the results can be the equivalent to an avalanche of results to the clientele of myrestaurantweb.com, whose website tools allow instantly messaged information to mass amounts of their customers.”
With over 5 BILLION cell phones on the planet and a 95% successful readership rate and 83% of those opened within one hour of being sent, MyRestaurantWeb.com’s propriety SMS texting technology is a seminal feature that is available to it’s clients to blast ‘instant’ geographical sensitive promotions to their customer providing fast and measurable results.
LOS ANGELES, CA–(Marketwire -11/21/11)
Amwest Imaging Incorporated (OTCBB:AMWI) announces the completion of the acquisition of Zipclik Technologies.
Zipclik Technologies is a 256 AES encryption software for Skype, AIM, Yahoo IM, Meebo, Trillian, and other Voice Over Internet, Messaging, Instant messaging and Internet file transfer Protocols (“VOIP”) Software. The “256 AES key” is now available through the website http://www.zipclik.com
This software is essential and necessary for clients wanting to protect and privatize financial data, medical information, enterprise research, sensitive corporate directives, passwords, and all other confidential, and sensitive information. The zipclik encryption software provides a military grade security not only for voice messaging, file transfer; but also ensures any and all transmission left on any hosts server will remain encrypted to protect all information from any third party, hacking, or unauthorized dissemination.
Currently there are over 600 million registered world wide users of Skype alone, of which most are unaware that their voice file transfer and messaging services are NOT secure to third parties; all of which are viable candidates for Zipclik’s $99.00 USD software package. Zipclik software ensures for the security of all transmissions.
Jason Gerteisen, President of Amwest commented, “The acquisition of Zipclik is an enormous addition to the Amwest group of Companies with more potential revenue than all of the other sectors thus far. I believe this software will change the landscape of how any and all sensitive data or communication is conducted. In addition we have decided as a company to keep the price point at a level that will allow any one to utilize.”
Even with just 15% of Skype’s more that 600 million users Amwest would book more than 5.94 Billion Dollars in bookable revenue.
LOS ANGELES, CA–(Marketwire -11/18/11)
Amwest Imaging Incorporated (OTCBB:AMWI) announces it has officially completed and signed a marketing and technology Joint Venture with eMarketTeam Holdings, LLC.
The eMarketTeam alliance will service and provide Amwest users with a powerful web based platform for their existing customer base and ensure future customer growth. In addition, eMarketTeam, an innovative and renowned provider of technology and marketing solutions, will provide supporting customer service, technical support, and insight into new sectors, markets and support.
“With Competitors like “Webs.com” with 40 Million users, Wix.com with 8.7 Million users, Weebly.com with 6 million users, and a multitude of other including GoDaddy.com offering Cloud and non-Cloud solutions, our partnership with eMarket Team seemed a natural solution to achieving ours goals of exponential growth”, remarked President Jason Gerteisen.
The DIY website market is experiencing exponential growth, as is Cloud based technology worldwide; almost every business, organization, sports team, club and community organization needs a website and address, just as previous generations needed a mailbox; and many have just a small budget to work with. Amwest now has what experts would strongly consider the most innovative and advanced web platform available to an end user in an ever-expanding marketplace.
LOS ANGELES, CA–(Marketwire -11/17/11)
Amwest Imaging Incorporated (OTCBB:AMWI) announces they have completed the final acquisition of all of the outstanding shares of Instant Website Technology Inc. (the “Company”).
Instant Website Technology Inc. is a “cloud software” Company whose primary business is providing relationship building tools and processes that help any business cultivate profitable relationships with customers, all through web based Cloud solutions; which triggered the immediate implementation of an aggressive growth strategy to capitalize on the explosive growth in the Cloud Computing (SaaS) sector of the market.
Virtualization software for a cloud service market forecasts indicate that markets at $5.8 billion in 2010 are anticipated to reach $16 billion by 2017. This is in addition to STAMFORD, Conn., June 22, 2010- Worldwide; which stated cloud services revenue is forecast to reach $68.3 billion in 2010, which is a 16.6% percent increase from 2009 revenue of $58.6 billion, according to Gartner, Inc.
The industry is poised for strong growth through 2014, when worldwide cloud services revenue is projected to reach $148.8 billion. “We are seeing an acceleration of adoption of cloud computing and cloud services among enterprises and an explosion of supply-side activity as technology providers maneuver to exploit the growing commercial opportunity,” said Ben Pring, research vice president at Gartner. “The scale of application deployments is growing; multi-thousand seat deals are increasingly common. IT managers are thinking strategically about cloud service deployments; more-progressive enterprises are thinking through what their IT operations will look like in a world of increasing cloud service leverage. This was highly unusual a year ago.”
Gartner estimates that, over the course of the next five years, enterprises will spend $112 billion cumulatively on software as a service (SaaS), platform as a service (paaS), and infrastructure as a service (IaaS), combined.
The Company derives its revenue by charging a basic monthly fee of $49.99 for anyone wanting to build, develop and maintain a website. Following the website creation, design, and listing online, the client can utilize additional online tools to develop a marketing plan for its customer base implementing SMS technology (“texting”) and email marketing which is a must–have in today’s social networking environment.
For Further Information Contact:
Amwest Imaging Incorporated
Thinking about penny stocks
to buy? Is AMWI a penny stock to buy? Is it even a penny stock to watch? Is it ripe for a takeover? In any case, it surely caught my attention and is worth looking into.
Penny Stock Reviewer
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