Imedicor Inc. (PINK:VMCI) Picks Up Speed
We still don’t know what’s in a name, but iMedicor, Inc (PINK:VMCI), formerly Vemics, Inc., seems to be picking up speed and trading volume in the past months, adding more than 44% on Monday and slowly gaining cents on a slow but steady appearance on news sites. The company is currently outside any active promotions, and was only mentioned once as a selection among 10 other stock picks, by Breaking Stock Reports. 
The company offers an integrated system for physicians to interact with colleagues and pharmaceutical representatives, as well as attend and record further education courses. It’s one of the largest US-based physician networks and constantly works to improve its encryption technologies.
The stock price has been climbing steadily, yet remained in the single-digit cents zone, with no dramatic additions to price. The underlying financial data give some hint at the company’s true stability:
- $29,523 cash
- $1.8 million total assets
- $6.1 million total liabilities
- $641,293 net loss
The company has added several hundred approved physicians to its network, but it is yet to overcome the borrowing and the deep net losses. The main asset of iMedicor is its software, and to continue its operations the company uses up a lot of cash. The company is still in a stage of expanding subscriptions and services, with still unknown results. Also, different medical systems and networks already exist and compete for the time and attention of specialists, each promising its own value.
Usually technological companies pay for promotion with more of a general public technology, aiming for the overnight fame of the few leading internet companies. While iMedicor invests in a specialized product for a limited circle of subscribers, another pump promises to become a widespread hit among mobile phone users. Neologic Animation Inc. (PINK:NANI) is currently in a $40,000 dollar promotional campaign, by Monster Trading Alerts, among other pumpers. In any case, it’s best to check the company’s underlying business before buying the message from the paid mailers.
