A new report on Amaru, Inc. (OTCBB:AMRU) has been issued by Beacon Equity Research Analyst, Kris Goldcross, CFA.
The full report is available at http://www.BeaconEquityResearch.com.
Anyone interested in receiving alerts regarding Amaru, Inc. research should email members@beaconequityresearch.com with “AMRU” in the subject line.
In the report, the analyst writes, “Amaru is a leading provider of broadband media entertainment. The Company, through its subsidiaries, provides interactive entertainment-on-demand, education-on-demand and e-commerce streaming over broadband channels, Internet portals, and 3G devices. Services are provided under the well-recognized M2B brand, which is establishing a global footprint.
“Amaru should benefit from the launch of two new services - Global Broadband TV and the M2B World Travel Platform. Both of these services are expected to add significantly to top and bottom-line growth over the next two to three years. Amaru’s strong third quarter performance creates confidence that the Company can achieve its full year 2006 revenue target of $30 to $35 million. The Company is focused on rapid growth through new services and expanded distribution channels and content. Amaru has established footholds in Singapore and China and is focused on increasing its presence in the North American and Asian markets.”
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Amaru, Inc. (AMRU). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon has directly been compensated nineteen thousand five hundred dollars by Amaru Inc for enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
