themicrocapjournal pop 3 media corp ( popt )
a company which has positioned itself in the gap between the major media conglomerates and the universe of independent music , film , publishing and technology companies .
current price : 0 . 022
will it continue higher ? watch this one thursday as we know many of you like momentum .
breaking news ! !
pop 3 media corp . ( popt ) and roxxy corporation announced that the companies have entered into a letter of intent whereby roxxy corporation will acquire a 66 % interest in pop 3 ' s wholly owned subsidiary , viastar distribution group , inc . " vdg , " forming a revolutionary new music company , controversial entertainment corporation . the transaction , consisting of stock and cash , when completed , will provide pop 3 ' s shareholders with a 33 % stake in the new company .
roxxy ' s management will operate the company from headquarters in los angeles and will change its corporate name to controversial entertainment corporation in the coming weeks . the companies intend to complete and execute the definitive agreement by july 8 th , 2005 , and seek shareholder approval immediately thereafter .
pop 3 ' s ceo , john d . aquilino , stated , " this alliance will allow pop 3 to achieve its strategic vision of creating a new paradigm in the music industry . one that is focused on supporting the artist and the music they create while embracing emerging technologies and giving consumers access to a variety of artists through a variety of media . "
roxxy ' s management team combines highly experienced industry executives drawn from the major labels and also includes a staff of in - house producers who are among the most influential talents in the music industry today .
" it is roxxy ' s vision to seize the opportunities afforded by the major labels ' lack of commitment to their artists and customers ; labels that cast aside established artists who can no longer generate multi - million selling recordings , but who consistently release albums which sell hundreds of thousands of records to a large and loyal fan base ; artists that can easily generate revenues between $ 1 and $ 5 million per title , " stated john shebanow , roxxy ' s ceo .
" additionally , the acquisition of vdg will provide us with the ability to distribute our own product directly to retail to over 22 , 000 retail location in north america , effectively doubling the company ' s net profit margins and allowing the increased revenue to pass on to our artists . "
mr . shebanow concluded , " while there are smaller labels that do provide a home for these acts , they lack either the will or financial resources to commit to the kind of budgets which producers of the caliber we have on staff require . and no company has the unique combination of great producers , in - house distribution and dedication to the artist and the customer that controversial entertainment will possess . "
about pop 3 media corp :
pop 3 media corp . is engaged in development , production and distribution of entertainment - related media for film , television , music and publishing interests . the company ' s portfolio currently includes ownership of viastar distribution group , a . v . o . studios , moving pictures international , viastar records , quadra records , light of the spirit records , and viastar classical , viastar artist management group and masterdisk corporation .
conclusion :
the examples above show the awesome , earning potential of little known companies that explode onto investor ' s radar screens ; many of you are already familiar with this . is popt poised and positioned to do that for you ? then you may feel the time has come to act . . . and please watch
this one trade thursday ! go popt .
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