Las Vegas, NV -- (SBWIRE) -- 01/17/2013 -- IMING CORP (PINK:IMNG) currently trading at $0.656 has touched the lowest of $0.20 in last 52 weeks while its highest in last one year was $8.25. The stock has been in investors’ eye for a quite while.
Last month, iMing Corp disclosed its plan to open an E-commerce online retail store at Taobao Marketplace which is a well known web site for online shopping in Chinese. Taobao Marketplace founded and owned by Alibaba Group, is much more similar like eBay and Amazon and operates on almost same patterns in China.
Moreover, the company also generated financing of $150,000 in last month, payments of which will be made for the next three year on interest rate of 8 percent per annum. The principal payment will become due and payable after the tenor of 3 years. Management is also considering additional financing options in the first quarter of 2013.
The management of the company is very optimistic and believes that iMing Corp is moving on solid growth pattern.
To find out what OTCMAGIC projects for The iMing Corp for both short term and long term please click here: IMNG
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