Shares of YOU On Demand Holdings Inc. (OTC: CBBD), the leading national Pay-Per-View and Video On Demand platform in China, rallied in Monday’s trading session. The penny stock of YOU On Demand Holdings ended the day 18.52% higher at $0.0800, with volume up from daily average of 677,999 to 3.45 million.
YOU On Demand recently announced that it signed an agreement with Jilin Cable in Jilin province to promote VOD content. The company said that in support of Jilin Cable’s annual content promotion that will last throughout the current quarter, it will make select Hollywood blockbusters as well Chinese film hits available through Jilin Cable’s Transactional Video on Demand (TVOD) service.
Shane McMahon, chairman and CEO of YOU On Demand, said that Spring Festival is the perfect time for YOU On Demand to partner with Jilin Cable. McMahon said that the company is excited to be bringing the best in home entertainment to Jilin subscribers during this very special time of year.
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About InvestorSoup
InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
Disclaimer
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