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Stock to watch MONA for its “Advanced Broadband Technology Installation Service for Hotels”
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Monday, 08 September 2008
Remember that even though MONA has already moved up quite a bit it's still trading very low, so it's worth adding to your watch list.  There's definite risk with these low priced picks but the gains can also far outweigh it. My new big pick is MONA.
MONA has all sorts of business ventures in the works or currently running and I believe this is the driving force behind it's move away from the 52wk low.

MONA, earlier this year has traded around $.15 after their reverse split.  At current prices, the gains would be 300% if it was to even test levels of $.06.

Mr.Garr Winters, the company's Secretary added, "Our stock target price aim is as close to the post reverse stock split price of 0.20 cents per share or as close as we can get to that goal.

We acknowledge that there will be flippers and profit takers along the way and rightfully so, however plans and measures are being implemented as we speak that will see the greatest reward and return returned to our long term followers which is long overdue.

MONA's biggest asset right now is their Chinese Site PP365.com.  This is a media site, and they plan to continue to build on its industry leading peer to peer technology.

The vision is to deliver full-screen streaming video as part of a low-cost subscription service, including movies and Internet based gaming.

MONA has recently announced key developments in this area, such as the development of the 'God of Honour' game based on the historic and widely acclaimed novel of the same name, and 'Zhulu Sanguo', an interactive internet based war game.

MONA last week announced the completion of an online multiplayer combat game.

MONA CEO Yong Chen advised, "We see a lot more upside growth potential in the booming Chinese online space than our financial service products in North America.

The sub-prime market has taken a real beating, and our judgment is that we anticipate continued consolidation and restructuring of existing debt for the foreseeable future. Realistically, we are not a large enough company to take advantage of the current market. Our opportunities lie within the Chinese market.

MONA CEO Yong Chen advised; "We think the timing is perfect for the introduction of this type of gaming in the Chinese market, and we have the opportunity to be the first to market. As professional sports leagues continue to enjoy dramatic growth in China, it is only natural for the concept of Fantasy Pools to develop alongside them. We believe the appeal will be very strong, given the popularity of gaming and gambling in Chinese culture."

MONA management conservatively estimates that revenue streams from this will topple 10 million dollars in the first few years of operations!

MONA CEO Yong Chen continued, "Rather than having to reinvent the wheel, we believe that we can learn from the knowledge base already developed in North America, and adapt the concepts that resonate most strongly with Chinese culture."

MONA realizes that fantasy sports are a billion dollar market!

Fantasy sports are growing in popularity across North America as sports fans build baseball, football, basketball, hockey or Formula One racing teams that compete against each other in online leagues based on the statistics generated by individual players or teams in Major League Baseball, the NFL, NBA, NHL or Formula One.

CBS SportsLine generated $15 million in sales from 1.3 million fantasy football customers in 2004.

MONA understands the enthusiasm that men have for sports and knows there is a great profit to be made in China if the idea is adapted to fit China's culture.

According to sociological analysis of online fantasy sports participants conducted by Don Levy, an assistant sociology professor at West Virginia Wesleyan College, one in four fantasy players spends more than $500 a year on the games!

MONA's operation subsidiary, Beijing Innotrek Technology CO., Ltd focuses on research and development of advanced broadband technology according to requirements of ISO 9000 to ensure quality of products developed.

Their project, “Advanced Broadband Technology Installation Service for Hotels” makes use of “Innotrek Intelligent Broadband LAN System”, which combined Power Line Communication (PLC) with DSL technology and LAN technology to form a whole new Broadband technology.

MONA's system omitted the need for additional wiring and construction work such as drilling into buildings for the installation of broadband network.

This project has attained support from “Innovative Fund for Technology Firms”. The Broadband system applied high speed PLC technology through telephone lines and cable lines, thus effectively solves connection instability of existing traditional PLC systems.

"The fastest growth in broadband connections over the next few years will be in the China/India region, which are still adopting DSL at a rapid rate and we expect this trend to continue," said Claudio Castelli, of consulting firm Ovum.


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