NeWave, Inc. continues to set records. Today they announced the enrollment of a record 46,000 new members during the month of May, up 10% over April.

NeWave CEO Michael Hill had this to say, "We are pleased to announce yet another record month in new membership enrollment. Additionally, because of the improved quality of our offerings, our customer loyalty and retention have improved significantly as well, resulting in increased residual income. The improvement has had a direct impact on the acceleration of our growth and we expect it will continue into the foreseeable future."

We still feel strongly about the growth of both the company and the share price of NWWV. Technically, the stock has had a steady climb on good volume. Fundamentally, they are profitable with record revenues, record customer base numbers and are making acquistitions.

NeWave continues to be a stock to be accumulated.