stock 2 watch 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 wednesday 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 wednesday ! go popt .
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for all but very aggressive investors . this profile is not in any way
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