JEDM just announced more big news tonight!
The Company's next software application in development is scheduled to hit the market next month. The thought-controlled software application allows the user to play existing PC games on the market with the power of their mind. Rather than using a traditional keyboard, mouse or hand-held controller; the player controls the characters with their thoughts through the use of a wireless headset that reads your brainwaves.
This is huge and could be the catalysts to send JEDM into a rally!!
If you still haven't viewed the video from 60 Mins, view it here: http://www.cbsnews.com/video/watch/?id=5228109n
This will show you just how real and important this type of technology will be for so many people. At first it was aimed at just disabled people, but now JEDM is targeting gamers!
Annual sales of PC games reached $13.1 billion in 2009, which represents a 3% increase in worldwide PC gaming revenues. That number doesn't just contain sales of games at brick-and-mortar stores. In fact those sales actually declined in 2009 and now cover less than 20 percent of all software-based revenues.
Digital distribution of PC games made up the difference. Other sources of revenue for their numbers came from monthly subscriptions for online games, sales of virtual items and sales of ads for gaming web sites.
While revenues in the US and Europe were down between 10 and 15 percent in 2009, the still growing Asian market made up for the difference. Jedi Mind, Inc. expects to capture 3-5% of this existing market, by offering an alternative gaming experience.
JEDM. develops software for thought controlled technologies, allowing the user to interact with the computer and other machines through the power of the mind. The technology involves the use of a wireless headset, developed by our strategic partner, which detects brainwaves on both the conscious and non-conscious level. This revolutionary neural processing technology makes it possible for computers to interact directly with the human brain.
JEDM has rallied over 550% before, so keep an eye on it since new products are about to hit the market.
Always do your own research and consult with your own financial professional.
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