Share Price $0.36
Shares Outstanding 89,036,000
Market Cap. $32.05 Million
52 Week High $0.79
52 Week Low $0.0001
as of July 22, 2013
UMeLook.com is a niche player in the Chinese online video market,
wherein the competition is focused on local TV series and, we different
ourselves by focusing on foreign videos of less than 10 minutes duration
and target affluent Chinese viewers between the age of 18-45 who are
interested in foreign information, products and brands. UMeLook.com has
also succeeded in entering the Chinese online video market where global
players such as YouTube and Dailymotion are blocked and inaccessible in
China. UMeLook.com will continue to drive viewership aggressively and in
conjunction, are preparing to launch a global e-commerce platform
assisting small and medium brands from worldwide sources, to expand into
the Chinese market.SmartStar is a cloud-based, online testing and assessment education platform using a proprietary adaptive learning technology, designed to enhance the performance of Chinese teachers and students. Unlike traditional online courseware, SmartStar provides a concept-level assessment and evaluation of a student's learning progress. It identifies the student's strengths and weaknesses, their proficiency in a given subject area and personalizes the delivery of proprietary educational items according to the student's learning needs. SmartStar is also capable of providing scoring and statistical analysis of exams and evaluations and to provide administration of local and nationally standardized exams. It is ideal for schools and teachers.
The K-12 education system in China is the largest in the world comprising 230 million students and 12 million teachers. Chinese families spend more discretionary income on education than anything other expense, except for housing. The educational landscape in China is highly competitive. Schools dictate entrance requirements for students. This motivates parents to ensure that their children have access to the best educational tools. SmartStar is one such tool.
Published at Investorideas.com – Big Ideas for Global Investors
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