Low Float Past Champ (UMAX) Could Receive A Breakout Spark From These 5 Potential Catalysts

For Friday AM, I want you to turn your attention to a past champ. Low Float Past Champ (UMAX) Could Receive A Breakout Spark From These 5 Potential Catalysts February 18th Dear Reader, For Friday AM, I want you to turn your attention to a past champ. Based on key bullish technicals, recent acquisition news, and a low float, it could be poised for another potential breakout. When I brought this profile to your attention back in January, it went on a 25% intraday surge. So when I saw these 2 "[signed]( [deal]( press releases pop up since the beginning of this month, I found it prudent to watch this company closely. Now, based on the several potential catalysts I've mentioned above with a couple more I've highlighted in my report below, it's time for you to get it back on your radar. For Friday, February 18th, there is only one profile to put at the top of your watch-list: *UMAX Group Corp. (UMAX)* UMAX Group Corp. is a Nevada corporation, and its operational subsidiary, Funny Media Group, LLC, which is a media development company which is currently concentrating on producing its own original content with the intent of selling that content to one of the many streaming companies (i.e., Net-flix, Hulu, Showtime, Disney+, etc.) and having their own streaming platforms on their website and YouTube channels. And right now the company has 5 potential breakout catalysts going for it: No. 1 - Signing Of New Distribution Deal No. 2 - This Is A Low Float Profile No. 3 - Multiple Bullish Technicals No. 4 - New Recording Studio Provides Ability To Create More Content No. 5 - New Acquisition Could Benefit Shareholders Greatly But more on those in a second... A Booming Digital Market Outlook (1) - How UMAX Could Be The Next Big Hit The move toward digital media has been building for a while now, but after the events of 2020, the digital media industry is expected to see record growth in both revenue and number of users, according to Finaria.it. Finaria.it has presented new data from a Statista survey that projects the global digital media industry will hit a $292.4Bn value in 2021, which would represent a 15% year-over-year growth from 2020. This growth isn’t expected to slow down. Finaria.it projects that by 2025, digital media revenue will be more than $414Bn. In 2020, video-on-demand saw the biggest segment growth, with revenues rising 29% year-over-year to $72.5Bn. Video-on-demand is projected to continue growing to $85.8Bn in 2021. According to Statista, there will be more than 7 billion users of digital media in 2021. Video-on-demand is expected to make up 1.8 billion of that number, which is a 28% growth from 2019. And UMAX's first big potential catalyst could help lead the way... No. 1 UMAX Potential Catalyst - Signing Of New Distribution Deal Funny Media Group Signs Distribution Deal with Foundation Sa-les and Consulting LOS ANGELES, CA / ACCESSWIRE / December 27, 2021 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, has signed a deal to distribute its comedy specials with Foundation Sa-les and Consulting, [...]. [...] [Read the full article here.]( ----- No. 2 UMAX Potential Catalyst - This Is A Low Float Profile According to the [OTC Markets' website]( UMAX has a low float. The website reports this profile to have approximately 9.75Mn shares in its float. Why is that important? It's important on one crucial level. Volatility. With so few shares available for trading, other potential catalysts (like big news) could spark a vertical move in the short-term. ----- No. 3 UMAX Potential Catalyst - Multiple Bullish Technicals At close Wednesday, [Barchart]( was reporting UMAX to have multiple bullish technical indicators. Here's a list of the triggered ones to pay close attention to: Short Term Indicators - 20 Day Moving Average - 20 - 50 Day MACD Oscillator - 20 - 100 Day MACD Oscillator Medium Term Indicators - 50 Day Moving Average - 50 - 100 Day MACD Oscillator - 50 - 150 Day MACD Oscillator Long Term Indicators - 100 Day Moving Average - 150 Day Moving Average Could these triggered technicals be signaling growing support at key levels? ----- No. 4 UMAX Potential Catalyst - New Recording Studio Provides Ability To Create More Content UMAX GROUP CORP. - Funny Media Group Builds a State-of-the-Art Recording Studio in Downtown Los Angeles Location LOS ANGELES, CA / ACCESSWIRE / February 1, 2022 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, has built a state-of-the-art recording studio in its Downtown Los Angeles location, expanding the footprint of its subsidiary, Funny Media Group. "We know that there's a natural synergy between the things we are doing in comedy and the music business," said Rondell Fletcher, UMAX President and CEO. "We are looking forward to using this new studio to complement our efforts in comedy." After the acquisition of Funny Media Group in May 2021, UMAX has now fully transitioned into comedy development as the vehicle to achieve a cash-flow positive operation and to provide the best return on shareholder's in-vest-ment. In the new recording studio, Mr. Fletcher has recruited a top Colombian DJ, Jay Rico, 26, to produce content and score projects. "Jay is one of the most talented young producers we've ever seen," Mr. Fletcher said. "The studio itself features the best gear in the industry," Mr. Fletcher said, with names like Universal Audio, SSL, Neumann, Antares, Tube-Tech, Apple and many others. "There's nothing we can't do in this studio," Mr. Fletcher said. Also, in this 6,000-sq.ft. location, Funny Media Group is prepping for Season 2 of comedy shows, starting in March. "There's a lot of opportunity to create content in this facility," Mr. Fletcher said. [...] [Read the full article here.]( ----- No. 5 UMAX Potential Catalyst - New Acquisition Could Benefit Shareholders Greatly UMAX GROUP CORP. – UMAX Announces Acquisition of Funny Media Studios LAS VEGAS, NV / ACCESSWIRE / January 14, 2022 / UMAX Group Corp. (OTC PINK:UMAX), a Nevada corporation, has announced the acquisition of a California corporation, Funny Media Studios ("FMS"), a full-scale production studio with crew, equipment, and a shoot-ready soundstage in Los Angeles. Rondell Fletcher (UMAX President and CEO) says that FMS will become a majority-owned subsidiary of the Company. Similar to the acquisition of Funny Media Group, LLC ("FMG") in May 2021, the Company negotiated the acquisition through the use of its Series "B" Preferred S-tock, Mr. Fletcher says. [...] "The acquisition of FMS goes hand-in-hand with our acquisition in May 2021 of Funny Media Group, LLC," Mr. Fletcher says. "Both operations work with each other on a myriad of projects. It was a natural acquisition for the Company as we move forward with our updated business plan." [...] [Read the full article here.]( ----- What To Know - 5 Potential Catalysts For Breakout Idea UMAX No. 1 - Signing Of New Distribution Deal No. 2 - This Is A Low Float Profile No. 3 - Multiple Bullish Technicals No. 4 - New Recording Studio Provides Ability To Create More Content No. 5 - New Acquisition Could Benefit Shareholders Greatly ----- Coverage is officially initiated on UMAX. When you have a second, do this: Get UMAX on your radar now. Sincerely, FierceAnalyst | Jaks Swift Editorial Writer [Source 1]( Fierce | 539 W Commerce St, Dallas, TX 75208 [Unsubscribe {EMAIL}]( [Update Profile]( | [Constant Contact Data Notice]( Sent by jaks@fierceanalyst.net