posted
Modavox Utilizes Associated Press Radio News for its VoiceAmerica(TM) Network Monday January 8, 3:16 pm ET Partnering with AP News Provides New Revenue Opportunities and Quality News Programming Enhancing Modavox's Internet Talk Radio Experience
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News) Internet broadcasting pioneer producing and syndicating online audio and video, announced its VoiceAmerica(TM) Network to feature Associated Press Radio News at the top of the hour on all its Internet talk radio channels. Modavox will have access to newscasts and the latest information provided by the AP covering sports, business, and entertainment. VoiceAmerica also will have access to AP's Live Special Reports and award winning Crisis Coverage. ADVERTISEMENT
"AP provides up-to-the-minute news coverage for our internet radio listeners," said Rich Keppler, Modavox's VP Business Development. "In addition to the enhance quality programming we developed yet another service for listeners and opportunities for our talk radio hosts."
"Radio stations of every format benefit from our new AP Radio News," said Thom Callahan, GM of AP Radio. "Station management understands the value of crisis coverage, live shots and actualities to provide the latest news and information to their audience. AP Radio News offers the flexibility and reliability to do that."
Associated Press (www.ap.org), the world's oldest and largest newsgathering organization, provides content to more than 15,000 news outlets with a daily reach of 1 billion people. AP's multimedia services are distributed by satellite and internet to more than 120 countries.
Modavox, Inc. (www.modavox.com), pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, we deliver content straight to desktops and internet-enabled devices. Modavox provides managed access for live and on-demand internet radio broadcasting, e-learning and rich media advertising.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
Posts: 305 | Registered: Nov 2006
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-"..As noted above the Company has not historically had adequate cash or projected cash flow to fund its operations and continuation of its operations until the Company is able to achieve sustainable positive cash flow, is dependent upon its ability to raise additional capital through equity and debt issuance. While the Company is making progress in achieving sustainable positive cash flow, until that sustainable positive cash flow is achieved, future growth will require that the Company raise additional capital. ..."
-"...In the six month period ending August 31, 2006, and in the three and six month periods ended August 31, 2005, the net loss per share does not include potentially dilutive securities of 2,739,000 shares issuable under Warrants and 4,598,000 shares issuable under options..."
-"...During the year ended February 28, 2006, the Board of Directors of the Company issued options with a term of 10 years to two directors of 300,000 each, exercisable at $.25 per share. In addition, the Board of Directors authorized the issuance of 3,000,000 options with a term of ten years, and exercisable at $.25 per share to the former Chairman and CEO, and 1,500,000 options with a term of 10 years and exercisable at $.25 per share to the former President..."
-"... In October, 2006, a member of the Board of Directors exercised 300,000 options at $.25 per share and warrant holders exercised 375,000 warrants at $.25 per share..."
-At August 31, 2006, the Company had issued warrants convertible into common stock as follows:
Shares Reserved Conversion Price
2,639,000 $ 0.20 to $ 0.50 50,000 $ 0.60 to $ 1.00 50,000 $ 1.00 to $10.00
"...Our Chief Executive Officer reached the conclusion that our disclosure controls and procedures were not effective because the Company did not have adequate staff with the necessary training and experience to identify and ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Act is accumulated and communicated to the issuers management, as appropriate to allow timely decisions regarding required disclosures..."
-"...The Company has accumulated losses aggregating $9,201,008 since inception...."
-"...we have stockholders equity of $2,420,787 as of August 31, 2006. However, at that date we have negative tangible equity of $594,676..."
-market cap is 53 million based of 36.9m stocks outstanding.
-net income for latest quarter was 55k or +0.001
so what does an investor get here:
-assuming hat the company is able to repeat a profit of 55k of the last quarter in the future, the forward PE would stand at 240 !
-2,5m of stockholders equity, negative net tangibles - worth a market cap of 53million?
-these figures will continue to get worse, due to the company´s need for additional capital
-a lot of stocks were sold during the last months, a lot of warrants are still outstanding. buyers are waiting to cash in.
-as always at the otc-bb the company is thinly traded at an average of 45.000 a day
the pump is on ragingbull and investorshub. i would stay away.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6222 | Registered: Jun 2004
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I know where that came from and who wrote it. I laughed the first time I saw it and am laughing now.
Personally, I'd be more inclined to have cut and pasted the leading stock picker at Marketocracy's comments about MDVX than this guys. I guess you conveniently overlooked the intial post and his suggested target for the shares?
All I can say is that if you only knew my friend......you should see earnings shortly and you'll be able to review a current filing understanding that the one you cut and pasted those comments from involved numerous legacy issues relating to past management and not present.
SM
PS. The fact that you like DKAM at the current price but can't get your hands around MDVX is starting to cause me to question your motives and integrity my friend.
Posts: 305 | Registered: Nov 2006
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posted
How can you not like DKAM at the current prices. The vodka market is huge, and with Trump's name backing it with explosive sales, it looks like a big bargain.
Not to mention how can you overlook the management. sobe founder, seagrams vp, former ceo and chairman of bloomingdales.
no brainer IMO
-------------------- Disclaimer: Not accountable for anything I say Posts: 6222 | Registered: Jun 2004
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"-assuming hat the company is able to repeat a profit of 55k of the last quarter in the future, the forward PE would stand at 240!"
This is the fatal flaw in the analysis. I expect net income will surge a staggering 400-500% in the upcoming Q to be reported followed by the same the next quarter. I expect they do as much as $2.5 million in sales in the current Q with at least $1.1 in net income up from the $55k stated in your analysis.
Answer me this....What if Modavox does $10 million in sales for their fiscal 07 and generates .15-.20 in eps?
What would you suggest the shares be worth just out of curiousity? What is a fair trailing and forward PE in your opinion?
I've shown you some of my actual earnings model for the company, feel free to share yours.
I like your entry and will not say anything negative about the company because I don't do that and more importanty, out of respect for you, I do not want to do anything to undermine your investment in the company. I will simply tell you here I looked at it closely and it does not meet my investment criteria at the moment.
You have a great entry and had great forsight, simply protect your profits my friend.
"-assuming hat the company is able to repeat a profit of 55k of the last quarter in the future, the forward PE would stand at 240!"
This is the fatal flaw in the analysis. I expect net income will surge a staggering 400-500% in the upcoming Q to be reported followed by the same the next quarter. I expect they do as much as $2.5 million in sales in the current Q with at least $1.1 in net income up from the $55k stated in your analysis.
Answer me this....What if Modavox does $10 million in sales for their fiscal 07 and generates .15-.20 in eps?
What would you suggest the shares be worth just out of curiousity? What is a fair trailing and forward PE in your opinion?
I've shown you some of my actual earnings model for the company, feel free to share yours.
Regards, SM
After reading the filings and PR's I do not see anything that insinuates that the company will generate that revenue and net profit. So where are you getting these estimates from?
-------------------- Disclaimer: Not accountable for anything I say Posts: 6222 | Registered: Jun 2004
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The reason you make money in your picks including DKAM is because you have forsight and vision.
I assume you find ideas early before the masses and you understand where the growth will come from before others right? This is the only way to make big money is being ahead of the crowd as you know.
I have my own earnings model for the company and I do channel checks in the space from time to time. If you're going to try to make consistent real money, we have to all do our homework right?
I've done my dd. Just keep your eyes open for this upcoming Q and we can discuss it then. I think we agree that if I'm correct, the shares are a great value. There's certainly no assurance I'm accurate but that is a risk we all take when investing in any small company. I do believe time should prove me to be relatively accurate in my assessment and modeling for the company. It may vary a little in revenue and profit as it is my best guess at this point in time.
posted
stocktrader, I think stock doc himself probably owns 20,000 shares of the company. He has been emailing me about this since oct whenever he buys. Infact I started the thread when i got my first email from stock doc saying that he just bought several thousand shares.
I also have major part of my portfolio sitting in MDVX.
I have learned to ride the correcion. It took me little time to learn this but now these normal corrections dont bother me. Its better than missing its next leg up. That would be so quick, I dont wanna end up buying for $2.15 on its way up. That would be a BIG loss...So I am staying right here.
I think looking at the chart...its gotta bounce either today or tomorrow
Posts: 1206 | Registered: Feb 2006
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posted
Unfortunately the only thing holding me back right now from getting in is the lack of exposure with this one. If no one is buying how do you expect to see $3+
-------------------- Disclaimer: Not accountable for anything I say Posts: 6222 | Registered: Jun 2004
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posted
This is simply the quiet before the storm on MDVX shares......the company is actually doing a great job communicating and we're just starting to see a hint of instituitional activity in the shares. I expect the shares to set new 52 week highs by month end.
posted
Modavox, Inc. to Present at the RedChip Small-Cap Investor Conference in Tempe, AZ Thursday January 11, 9:00 am ET Conference Using Modavox to Provide All Web-Casting Services Including Streaming Audio and Video of Company Presentations Live to Targeted Investors
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer producing and syndicating online audio and video, today announced it has accepted an invitation to present at the RedChip Small-Cap Conference. The Conference is being held at The Mission Palms Hotel in Tempe, Arizona on February 12, 2007. ADVERTISEMENT
In addition to presenting, Modavox has also been chosen to provide the conference with all web-casting services. The company's patented streaming audio and video technology will facilitate the live delivery of all company presentations to targeted investors.
David Ide, CEO of Modavox, Inc, stated, "We're excited to have secured this multifaceted opportunity with RedChip. Not only do we have the opportunity to introduce our exciting story to the conference attendees, but they are also utilizing our technology to stream all the audio and video of the company presentations live to investors making this a truly beneficial relationship."
Dave Gentry, President of The RedChip Companies said, "We are thrilled to be working with such a first class operation as Modavox, Inc. They will be providing a very important service to the RedChip investors."
About RedChip
RedChip has a long history of bringing research on selected small-cap companies to analysts and portfolio managers. RedChip Visibility(tm) provides small-cap companies' access to both professional and individual small-cap investors by holding conferences throughout the United States, producing online corporate visibility programs, and writing company sponsored research. To register online for the RedChip Small-Cap conference please visit http://www.redchip.com/visibility/conferencePages/newyork2006 or call 1-800-RedChip (733-2447).
About Modavox
Modavox, Inc. (www.modavox.com), a pioneer in internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising.
Forward-Looking Statements:
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
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posted
are u saying that stockman and mortimer bought 48,000 shares today. cause i only bought 2000 today. ...and vol is more than 50,000
Posts: 1206 | Registered: Feb 2006
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posted
It's not just us...I'm pretty confident saying there are some sophisticated professional investors and fund managers starting to kick the tires on Modavox.
We've traded at least 600k shares in this price range over the last couple weeks. There is some serious accumulation being done. When the supply dries up and it will soon, watch for the shares to pop like a coiled spring.
Technically speaking, the chart shows a high probability entry here being oversold and showing positive money flow during the pullback from previous highs.
If you guys see PERT lift on the offer followed by a large pr
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