Ciao Group, Inc. $0.02 Today; Promise to $0.60 Near Term
Ciao Group, Inc. (CIAU) has had a shakeup and new CEO, Aubrey Brown has come in with a great past track record and a new plan. He’s initiated a corporate name change to reflect the Company’s new direction. The Company’s new name is NuMelo Technology, Inc.
NuMelo Technology is founded on an internalized understanding and appreciation of the opportunity for disruptive technologies within developing economic regions to leap frog beyond the incumbent technologies available within developed economic regions and become the next generation industry leaders.
Learn more about the latest updates at the Company’s new website:
CIAU has little historical trading and a PPS of $0.02 having been as high as $0.60 within the last year. Tracking by the public filings, the Company looks to have about 160 million shares issued and out with a very tight float. CIAU is a fully reporting Company not up to date in its filings.
New Management + New Name + New Website = 2,000% PPS Increase Potential
New management with a history in running public companies and in running operations outside the United States within emerging markets, combined with a new name and already having a new website up and running puts CIAU on the Wolf Wrangler radar as an up-and-comer with the potential to see a PPS increase north of 2,000% reaching the $0.60 PPS range it was at a year ago.
Don’t get me wrong. I am not going to go on the record expecting CIAU to become the next Microsoft or Facebook, but It sure seems to me, that all the signs are in place for this sleeper to come out of the gates at a fast clip flying high on one or two announcements about new acquisitions or new contracts. I’ll wait to see what it does next after the coming surge of activity I anticipate from the recent management shakeup and the looks of what I see on the new website.
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