MIAMI--(BUSINESS WIRE)--MIAC 2004-- Representatives from Grand Entertainment & Music, Inc. (GENM: Pink Sheets) and JBS Rentals are pleased to announce that their participation in the MIAC (Music Industries Association of Canada) 2004 Trade Show has been a major success. GENM will be releasing further details on the results from the trade show in the coming days. Peter Stocola, GENM Vice President and Director of Production, made reference to a new and exclusive line of sound and lighting equipment that will be distributed with JBS Rentals in North America. Mr. Stocola stated: "The joint distribution of this innovative line of equipment will increase gross profits substantially for both GENM and JBS Rentals in the coming years. This is an exciting development for both companies." Financial projections for JBS Rentals will be released once the investment agreement is finalized with GENM. GENM has signed a letter of intent to acquire a 50% interest in JBS Rentals. Under the terms of the agreement, GENM will have an option to acquire the remaining 50% of the company within 18 months of contract signing.
About MIAC 2004 Trade Show
MIAC 2004 was held on August 22 & 23, 10:00 am to 6:00 pm daily at Toronto, ON's International Centre. As Canada's largest musical products and pro audio/lighting trade event, MIAC represents 150+ manufacturer and distributor members, as well as 130+ retail members, all dedicated to advancing the Canadian music, sound and lighting products industry. For more information, visit www.miac.net.
About JBS Rentals
Based in Montreal, PQ, JBS is a sound, lighting, audio-visual and event planning company specializing in: Rentals; Equipment Servicing; Sales; and Turn Key Solutions. With a staff that has over 50 years of experience, and service that is second to none, JBS has the capacity of supplying a 200-5,000 seat venue with total concept of lighting, sound and technician. JBS thrives in being a world leader in the field of Lighting, Sound, Audio-Visual and Event planning designs, constantly seeking to provide great service at affordable prices to corporate, private, or festival markets.
About Grand Entertainment & Music, Inc.
Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music producer that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's studios produce voice-overs and sound tracks for commercials and film which are used on the radio, television and in theatres. The Company's mission is to become the premier production, recording and publishing company in the music industry.
For more information please contact Mr. F. Underhill at (514) 328-9348 ext. 601 or visit the Company website at www.gem-music.com.
Safe Harbor Statement
This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
KEYWORD: FLORIDA INDUSTRY KEYWORD: ENTERTAINMENT CONSUMER/HOUSEHOLD TRADESHOW SOURCE: Grand Entertainment & Music, Inc.
CONTACT INFORMATION: Grand Entertainment & Music, Inc. F. Underhill, 514-328-9348 ext. 601 info@gem-music.com www.gem-music.com
------------------ You Must Adapt To Your Opportunities And Weaknesses. You Can Use A Variety Of Approaches And Still Have A Consistant Result. - Sun Tzu, "The Art Of War"
Do Da Due.....But Be Damn Quick About It. - Dardadog, "Da Art Of Daytrading"
posted
Dog... I was speaking with a CEO of another company yesterday... and he told me: "drop a $1000 on GENM before Friday (tomorrow) or Monday... and you'll be soooooo glad you did. My buddy owns this company". I'm frantically researching it (cause that CEO is NOT the most trustworthy) Do you have anything to add that would help me in my research? Anything (opinion or fact)you can add is much appreciated. salemm.
Posts: 783 | From: Ottawa, Canada | Registered: Feb 2004
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LOL, I got out much later than you, but am incredibly angry that he would lie to me, I don't want to be a part of that stock. Here is what I found on GENM real quick:
I read that the O/S is around 17.6Million
Found these PRs
Grand Entertainment & Music, Inc. Initiates Investor Awareness Program TUESDAY, AUGUST 10, 2004 2:41 PM - BusinessWire
MIAMI, Aug 10, 2004 (BUSINESS WIRE) -- Grand Entertainment & Music, Inc. (GENM: Pink Sheets), an entertainment company dedicated to producing, marketing, and promoting on a world-wide basis the recording of artists as well as producing voiceovers for radio, television and telecommunications, today announced the launch of an investor awareness program. This program will provide current and potential investors information on the status of the company and its progress toward attaining profitability and gaining market share in the music recording industry.
During the past several months, GENM has made significant progress towards attaining profitability by contracting and implementing several new clients. The Company is well-positioned in a number of markets, in particular with respect to digital music sales due to its extensive copyright library. According to Forrester Research, if the trend continues, three years from now digital music sales could account for $1.4 billion of the music industry's $12.8 billion in expected revenues. GENM is taking advantage of this trend by establishing itself as a "consolidator of quality music catalogues". The Company has and will continue to acquire and license music catalogues with the goal of becoming the leading provider of downloadable music and finished product sales over the Internet.
GENM will be reporting to its shareholders and those interested in the Company over the next few months the results of its efforts and accomplishments to expand its current line of business and also to diversify its business into event planning and other lucrative markets. Management believes these efforts should enable GENM to reach profitability and significantly strengthen the company's financial position.
Fred Berlin, CEO of GENM, stated, "The Investor Awareness program is designed to document our efforts and the results of those efforts. Our intention is to issue periodic press releases to inform the investing public of our progress."
In order to disseminate its information, GENM has retained the services of a firm with expertise in market awareness of Pink Sheet and OTC Bulletin Board companies.
About Grand Entertainment & Music, Inc.
Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music producer that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's studios produce voice-overs and sound tracks for commercials and film which are used on the radio, television and in theatres. The Company's mission is to become the premier production, recording and publishing company in the music industry.
For more information please contact Mr. F. Underhill at (514) 328-9348 ext. 601 or visit the Company website at www.gem-music.com.
--------------------------------------- MONTREAL, March 3, 2004 (PRIMEZONE) -- Grand Entertainment and Music, Inc. (GENM - news) , has added DVD production capabilities at its recording studios and will soon be releasing combined audio and video tracks of its popular artists.
"Producing music DVDs will greatly increase our ability to penetrate retail markets with our titles," said Peter Stocola, GEM vice president. "We expect to augment our revenues for this fiscal year due to this new capability," he added. "This is an exciting new development for our firm."
Grand Entertainment, which trades under ticker symbol GENM on Pinksheets, has been producing popularly priced music CD's for more than ten years. Styles range from children's music to salsa and rap.
It markets music in three languages -- English, Spanish, and French.
"We're already one of the top 20 music production houses in North America, and DVD capabilities will make us even more competitive," Stocola said.
CONTACT: Grand Entertainment & Music Inc. Mr. F. Underhill 514-328-9348 www.gem-music.com
MacReport.NET Mr. T. Speciale 631-393-5075 www.macreport.net ----------------------------------------- MONTREAL, March 5 /PRNewswire/ -- Grand Entertainment and Music, Inc. has signed an agreement with Sygenics Corp. of Montreal to create an online music distribution site for more than 5,000 exclusive titles.
GEM's music catalogues, ranging from pop, children's, classical, salsa and rap, can be sampled and then downloaded for 99-cents per track. The site is expected to be in operation by this summer.
"We're thrilled that we can now offer our excellent talent stable to the public in this mass market format," said GEM president Fred Berlin.
"It levels the playing field with the major labels. The public can easily listen to the music GEM has been producing for the past ten years and then purchase it instantly," he added.
"It's a great way of showcasing our new talent.
"We believe GEM will see a significant increase in revenues in the current fiscal year with this new sales effort," Berlin said.
The site being designed by GEM and Sygenics will allow clients to customize their downloads and make the CD mix they like best. Other smaller music producers will be invited to use the GEM site for a fee.
Grand Entertainment, which trades under ticker symbol GENM on NASDAQ-OTC, has been producing popularly priced music CD's for more than ten years. It markets music in three languages -- English, Spanish, and French.
GEM recently announced that it is setting up a DVD division to add visual segments of various groups and artists to their sound tracks.
"We have become one of the top 20 music production houses in North America, and we believe our new initiatives will help us move even higher up that ladder," Berlin said.
"And, it's exciting to know that the many talented artists we've recorded will now have their music heard by the public."
CONTACT: Mr. F. Underhill of Grand Entertainment & Music Inc.,+1-514-328-9348; or Mr. T. Speciale of MacReport.NET, +1-631-393-5075, forGrand Entertainment and Music Inc.
posted
Cool. Thanks Spyder. A quick look at pps history tells me this one fluctuates often between 005 and 01. There's room there for profitable trades! But need more DD first. Back to work. salemm.
Posts: 783 | From: Ottawa, Canada | Registered: Feb 2004
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posted
Salemm, I don't have L2, but from what I have read the Bid/Ask is always huge.
Plus if the float is that low, something could happen here! Now it is a Canadian company, and I don't know how well these CEO's may know each other, so lets hope Andrea isn't training his ways.
This could run up real quick.. Little more DD, I may get in on this one.
Posts: 120 | From: Dallas TX USA | Registered: Feb 2004
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GENM has gone UP 25.00% over the past 2 days with high volume. In the past 6 months, GENM is in a DOWN trend with an average daily volume of 0.13 million shares. GENM is an illiquid penny stock, may not be suitable for frequent trading. Our Technical Indicator based opinion for GENM is neutral. (Check with Live Picks to see if GENM now shows any meaningful stock pattern.) GENM has a Market Beta of 5.46. Each 100 shares of GENM has a Value-At-Risk (VAR) of $0.
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Spyder... Ask is 005 now... and Bid is 004. 10,000 volume. Dead day for them. Have you visited their website? salemm
Posts: 783 | From: Ottawa, Canada | Registered: Feb 2004
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posted
Yeah, I have no idea who any of the artists listed are as they are independent.
The good idea that they seem to get ready to pump with is the fact that they are going to be an online music store, selling all labels records:
Grand Entertainment & Music, Inc. (OTC: GENM) announced that it will launch a music e-commerce website. The website will function as an e-music store that offers both proprietary GENM music content as well as music produced by other companies. GENM's goal is to replicate what Amazon.com did for selling books on-line, but exclusively with music.
But the volume does suck. If the illustrious Andrea told you to buy, maybe he knows something, and felt bad for screwing us so many times he was hooking you up!
quote:Originally posted by salemm: Spyder... Ask is 005 now... and Bid is 004. 10,000 volume. Dead day for them. Have you visited their website? salemm
Posts: 120 | From: Dallas TX USA | Registered: Feb 2004
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posted
Nice job. Good luck with it. Wish I had gotten some when the news hit yesterday. The curse of searching, playing, advising, and bein' Da Dog. Ruff.
Grand Entertainment & Music, Inc. Signs Exclusive Distribution Agreement with MAGADA Distributors
***
Business Editors MIAMI--(BUSINESS WIRE)--Oct. 8, 2004-- Grand Entertainment & Music, Inc. (GENM: Pink Sheets) today announced that after extensive negotiations it has signed an exclusive distribution agreement with MAGADA Distributors. Peter Stocola, GENM Vice President and Director of Production, stated: "Further details on this agreement will be released on Tuesday, October 12." About Grand Entertainment & Music, Inc. Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music producer that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's studios produce voice-overs and sound tracks for commercials and film, which are used on the radio, television and in theatres. The Company's mission is to become the premier production, recording and publishing company in the music industry. For more information please contact Mr. F. Underhill at (514) 328-9348 ext. 601 or visit the Company website at www.gem-music.com. Safe Harbor Statement This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995. KEYWORD: NORTH AMERICA FLORIDA UNITED STATES CANADA INDUSTRY KEYWORD: ENTERTAINMENT MUSIC CONTRACT/AGREEMENT SOURCE: Grand Entertainment & Music, Inc. CONTACT INFORMATION: Grand Entertainment & Music, Inc. Mr. F. Underhill, 514-328-9348 ext. 601 E-mail: info@gem-music.com www.gem-music.com
Grand Entertainment & Music, Inc. Projects Revenue of $1,348,500 for the Next Two Quarters
***
Entertainment Editors / Business Editors MIAMI--(BUSINESS WIRE)--GENM-- Grand Entertainment & Music, Inc. (GENM: Pink Sheets) today announced a revenue projection of $1,348,500 for the next two quarters. This revenue forecast is based on the Company's conservative estimates of sales and licensing income from each of its major divisions. The Company's projected revenue from each of its divisions for the next two quarters are as follows: (1) Cherry Production Studios - $273,500; (2) GEM Records - $450,000 in traditional sales and $250,000 in Internet sales; and (3) Master licensing income - $375,000. With five albums presently being released and another 5 to be released in the next two quarters, GENM is confident that it will meet its financial projections. CEO Fred Berlin stated, "We are well on our way to being profitable by next year. We are working hard on closing several deals that will add significant value to the Company. We feel confident that we are achieving our goal of being a major player in the music industry." GENM has retained a reputable equity analyst from a major research firm to prepare a report on the company that will include an analysis of its current position and future prospects as well as a target price based on its financials. This report will be completed and released no later than October 15. About Grand Entertainment & Music, Inc. Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music producer that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's studios produce voice-overs and sound tracks for commercials and film which are used on the radio, television and in theatres. The Company's mission is to become the premier production, recording and publishing company in the music industry. For more information please contact Mr. F. Underhill at (514) 328-9348 ext. 601 or visit the Company website at www.gem-music.com. Safe Harbor Statement This release contains forward-looking statements with respect to the results of operations and business of Grand Entertainment & Music (GEM) Inc. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995. KEYWORD: WASHINGTON FLORIDA INDUSTRY KEYWORD: ENTERTAINMENT MUSIC CONSUMER/HOUSEHOLD SOURCE: Grand Entertainment & Music, Inc. CONTACT INFORMATION: Grand Entertainment & Music, Inc. Mr. F. Underhill, 514-328-9348 ext. 601 info@gem-music.com www.gem-music.com
[This message has been edited by prdponce (edited October 09, 2004).]
posted
Press Release Source: Grand Entertainment & Music, Inc.
Grand Entertainment & Music, Inc. Provides Further Details on Distribution Agreement with MAGADA Distributors Tuesday October 12, 4:00 pm ET
MIAMI--(BUSINESS WIRE)--Oct. 12, 2004--Grand Entertainment & Music, Inc. (Pink Sheets:GENM - News) is pleased to provide investors with further information on its exclusive distribution agreement with MAGADA Distributors. GENM has formally signed a 5-year contract with MAGADA to exclusively distribute all of its products, i.e. CDs, DVDs, etc. Projected revenue from this contract is approximately $1,650,000 over the next year. Peter Stocola, GENM Vice President and Director of Production, stated: "Due to this agreement, GENM feels more secure in its revenue projection of $1,348,500 for the next two quarters. One of GENM's strengths through MAGADA is its relationship with the Export Development Corporation of Canada. As a result of this, all of GENM's exported products and licensing agreements will be insured by EDC through MAGADA." About MAGADA Distributors
MAGADA is a reputable and long-standing distributor of music products. The Company has a strong management team with a wealth of experience in the music and entertainment industry. Robert LeMay, head of MAGADA, has been in the distribution and music business for over 30 years with various companies. For more information, visit www.magada.com.
About Grand Entertainment & Music, Inc.
Based in Montreal, PQ, and incorporated in November 1998, the Company is an independent music producer that produces, promotes, markets and controls the copyrights on music recordings in multiple formats. Additionally, the Company's studios produce voice-overs and sound tracks for commercials and film, which are used on the radio, television and in theatres. The Company's mission is to become the premier production, recording and publishing company in the music industry.
For more information please contact Mr. F. Underhill at (514) 328-9348 ext. 601 or visit the Company website at www.gem-music.com.
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