Majic Wheels Corp. (MJWL.OB) Advanced Patented Technology - StockHotTips.com
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TEL AVIV, Israel ( CRWENEWSWIRE) Majic Wheels Corp. (MJWL.OB) engages in the manufacturing and distribution of a radio-controlled toy vehicle which uses a patented technology that allows the vehicle to climb inclined and vertical surfaces.
- MajicWheels MJWL.OB has settled back down from recent spikes that have occured over the past few months. You’ll see volume has dramatically increased in the month of February 2010 showing very transparent signs of investor interest. The price increase from the beginning of February through the end of the 2nd week of February produced gains of +400% which I’ve highlighted on the chart below.
If investors realize the huge potential MJWL has, a little volume and good news could produce some more investment strategies for the next quarter and quite possibly long term. MAJIC WHEELS CORP. (MJWL.OB)
Last: .0128
- Day’s Range: .0125 -.0140
- Change: +.0003 (+2.40%)
- Volume: 183,534
- Bid: .0128 x 5000
- Ask: .014 x 5000
- Below you can find a very recent research report done in February of 2010 that initiates a BUY Recommendation for MAJIC WHEELS CORP.
- MJWL.OB
- Recent Headlines:
- Recent Research Report:
- More specifically, MJWL Patented Technology relates to the use of a substance with unique adhesive properties which can be molded into various shapes, including tires for installation on radio-controlled toy vehicles.
- Unlike current remote-controlled toy vehicles that can be driven on flat or inclined surfaces, MJWL Product adds vertical surfaces to the dimensions in which to play and entertain.
- MJWL also plan to market their product and generate revenues through internet distributors of children’s toys.
Recently, Majic Wheels announced that the company has been contacted by a senior representative of Hasbro, one of the world’s largest toy manufacturers, and has expressed interest in exploring possible business opportunities with the company.
According to the International Council of Toy Industries, “Toys do more than entertain and keep children occupied. Properly chosen, they should aid a child’s physical, mental, social and emotional development. Play is universally recognized as a vital part of learning and growing and, because toys are such an important ingredient of play, they are invaluable to a child’s development into a mature, confident adult.”
Majic Wheels announced that the company is intending to further investigate additional applications for its patented climbing device technology in the areas of security and military in 2010.
Potential applications could include installing a digital camera on a remote controlled device, and transmitting video or photographs to security and military personnel.
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The Benefits of MajicWheels Adhesive Technology:
* Suction is silent, no loud vacuum
* Suction does not drain batteries
* Enables acrobatic flips, even when upside-down
* Vehicle can turn corners, moving from walls to ceilings
The Limitations of Competing Technology:
* Suction vacuum creates rather loud noise
* Suction quickly drains rechargeable batteries
* Unable to perform acrobatic maneuvers
* Vehicle cannot turn corners
Majic Wheels (MJWL.OB) has ENORMOUS MARKET OPPORTUNITY
With its patented technology MJWL is looking to become a leading player in the climbing device radio-controlled toy car world.
The toy industry performed better during the 2009 holiday than it did in 2008.
The NPD Group, which does market research, said toy revenue was flat because of
discounts during the fourth quarter, but the industry sold 4 percent more toys.
About Majic Wheels Corp.
MJWL brings innovation to the industry of radio-controlled toy cars through its groundbreaking, patented climbing device technology. MajicWheels intends to become a leading player in the climbing device radio-controlled toy car world, offering countless hours of fun to youth in the 6-12 year-old age bracket. Models will be offered in several aesthetically pleasing designs, and a variety of colors. Also, MJWL adhesive-wheel technology can be sold separately and easily replaced on the vehicle. Adhesive refill enables the remote-controlled vehicles to be used repeatedly, and does not limit the life of the toy in any way. Furthermore, the sale of adhesive refill provides an additional and ongoing revenue model for the company.
Visit MAJIC WHEELS CORP. (MJWL.OB) for more information at www.majicwheels.com
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