(Update) Breaking News Hits the Wires Moments Ago
Published: Tue, 03/19/19
![]() Good morning all, I trust you've read my profile of IMTL by now and taken notice of all the CEO open market share buying (millions of shares) that's going on! Well, this morning the Company just released more big news, check it out... Image Protect Announces Upcoming Launch of World’s Largest Digital Image Monetization PlatformSAN CLEMENTE, Calif., March 19, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Image Protect Inc. (IMTL) (imageprotect.com) (“Image Protect” or the “Company”), a global leader in the end-to-end copyright infringement sector, is excited to announce the upcoming launch of its new Fotofy Digital Image Marketplace, which will allow users to license the images free of charge, while allowing revenue participation for image rightsholders in an In-Image advertising network. Geared to become the world’s largest digital image sharing platform, Fotofy will launch in August at fotofy.com. Fotofy is built on the Company’s revolutionary IPShare technology, which allows sharing and monetization of the Company’s massive image database. Users will be able to access and share images for free, while image rightsholders (owners) will be able to monetize that usage and sharing through the Company’s advanced in-image advertising technology. Image Protect Co-CEO, Matthew Goldman stated, “After years of playing cops and robbers on a global internet scale, pursuing infringements and protecting the legal rights of copyright holders, we realized that, in a world with a trillion-image sharing marketplace, the return on investment would theoretically skyrocket with a different model – enabling free and full usage and sharing of images with a monetization model built into that sharing process.” The Fotofy image sharing marketplace will act as a massive library of high quality freely accessible images for use and sharing. Each image will be embedded with code that allows it to act as a carrier of an in-image advertisement. In other words, everybody wins: users find the images they desire, and image rightsholders have the opportunity to profit from a revenue stream as their creative works are circulated throughout the digital universe. “We were in a unique position to pull this off,” continued Mr. Goldman. “Image Protect has amassed a ton of applied knowledge capital in the digital image industry over many years. We believe we are in a position to establish and ramp Fotofy into the world’s largest digital image sharing platform in a relatively short period. The in-image ad market is expected to top a record $50 billion in revenues in 2020. We believe we will be ideally positioned to capitalize on that growth.” Management notes that the Company’s goal is to reach one trillion image sharing events across the Fotofy network within two years from launch. Subscribers, Today's trade idea has just been confirmed. It's time to get Image Protect, Inc (IMTL) on your screen immediately. IMTL is trading at just below $0.01 after pulling back from a big run a few weeks ago when it gained 62% in one day and 84% over two days. Now the price is back close to where that run started and we think it could be time for a bounce higher. And as you can see, IMTL is no stranger to making gains, having run from around $0.005 to $0.035 (around 600%) in October/November last year. What's even more bullish is the number of shares the CEO has purchased on the open market. In the 3 months from November 2018 to January 2019, the CEO bought over 4.5 million shares at an average price of well over $0.01 which is much higher than today's price of $0.0088. Further, the CEO purchased a whole lot more shares on the open market during 2018. You can see the Form 4 filings at https://www.otcmarkets.com/stock/IMTL/disclosure Just a few days ago IMTL announced some major news that didn't really capture the attention of The Street. The Company announced that it has formed a strategic partnership with MadHive (madhive.com), a leading blockchain-driven data management platform in the ad-tech marketplace that served over 3 billion ad impressions in 2018. The partnership is predicated on the objective of exploring, defining, and deploying a monetization strategy for the Company’s powerful IPShare™ technology as a programmatic digital advertising model. “We believe the future of technology is decentralized,” said Adam Helfgott, CEO of MadHive. “We are building the 'pipes' for a decentralized ad network, and Image Protect is building something special within our network.” According to recent MAGNA Group research, the advertising industry hit a record $552 billion in global sales in 2018, which represents an increase of 7.2% on a year-over-year basis. Digital advertising accounts for 35% of the overall market. But consumer research suggests this share could increase dramatically over coming years, with blockchain technology representing a powerful avenue for this
transition. According to research from Zenith, “Digital is driving virtually all growth in the global ad market.” Image Protect protects and monetizes creative works. By uniting IPSHARE technology with a team of copyright experts, they ensure that content providers preserve the value of their digital assets. Their web application monitors the global Internet to seek and collect evidence for illegally used visual content. Then their legal partners across North America, Europe, and Asia ensure their clients receive appropriate compensation for work used without valid license. Artificial intelligence is a crucial driver to the technology. It can streamline image registration, management, protection and distribution. Content providers can benefit from this new revenue model. However, artificial intelligence is just one component to IPSHARE technology. It also utilizes blockchain to build a global decentralized copyright register for digital content. As you can see below, Image Protect is multiplying fast. To date, Image Protect is the only company to offer a complete solution to protect and monetize digital content online. The company has also been releasing some major news in recent weeks. You can read all the latest press releases at https://finance.yahoo.com/quote/IMTL With a tiny market cap of just over $2m, a solid looking technical chart, tight level 2 and a flurry of exciting news, we think IMTL has the potential to move higher from currently levels. We urge you to get IMTL on your screen now. I'll be back in the morning with more news and info on IMTL. All the best. SmallCapMomo.com admin@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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