posted
August 10, 2005 10:51 AM US Pacific Timezone
XRAYMEDIA Announces Hybrid Integration of Live Auction and Live Negotiating Technology into the Newest Release of the Live Open Marketplace --LOM--
NEW YORK & VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 10, 2005--XRAYMEDIA, Inc., (OTCBB:XRYM), an industry leader in real-time negotiating technology, announces decision to increase the versatility of its Live Open Marketplace (LOM) negotiating technology with the integration of increasingly sought-after auction functionalities. Setting the stage to follow example of successful online auction marketplaces such as industry powerhouses YAHOO INC (Nasdaq:YHOO) or EBAY INC (Nasdaq:EBAY). The combination of live negotiating and auction capabilities soon to be offered through the LOM is set to take the Company to new levels of technology mastery, while joining in with the leaders of the online auction industry.
XRAYMEDIA European LOM President & CEO, Hans Johannes Schulte, comments, "In Europe we are now beginning to experience the technology boom the USA experienced a few years ago. Our LOM technology puts us on the forefront of Europe to ride the European technology boom. We are already attracting great interest from influential industry players in Europe to use our LOM technology. EBay's International Marketplace year-end transaction net revenue reported $1,157,472,000 USD almost doubling their 2003-year end of $657,874,000 USD. The 2004-year end transaction net revenue report for eBay's U.S. Marketplace accounted $1,338,715,000 USD. This is an increase from their 2003-year end, which reported $1,024,915,000 USD. With the hybrid mix of live negotiating technology and auction functionality, there is no doubt that XRAYMEDIA is soon to see a large increase in profits resulting from our European LOM operations. It is also very remarkable that Yahoo Inc. is close to paying $1 billion and forking over its China operations for a 35 percent stake of China's second-largest e-commerce operator, Alibaba.com makes us think that we are onto something big and no one knows it yet!"
The LOM complete with modern auction functionality caters to virtually every industry worldwide accommodating everything from real estate to travel to apparel. XRAYMEDIA is consistently undergoing new research and development in order to satisfy each of these industries and sufficiently accommodate to individual industry requirements. XRAYMEDIA is presently analyzing different marketing segments, eager to release the latest version of their groundbreaking technology. The addition of auction capabilities allows sellers in the system to choose whether they would like to place an item up for auction or for live negotiation. In selecting an item to be for auction, the seller posts his initial offer and watches new bids arrive on his item, all posted in real time. A buyer who wishes to participate in an auction matches up with an item for sale and proceeds to place bids on the item. A buyer is given the option to place a "maximum bid," which instructs the system to increase the buyer's bid each time a counter-offer is made.
XRAYMEDIA President & CEO Raymond Dabney comments, "Many clients have approached the Company with interest in auction capabilities and we are pleased to offer them the powerful mix of live negotiating technology and the latest in auction functionality. Our technical department is nearing completion of this latest development and we are very excited to be announcing a release date shortly. In providing another dimension to our LOM, we are very confident that the strength of our technology will be well received by our clients as well as industries worldwide."
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA INC., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov.
Contacts
XRAYMEDIA, Inc. Raymond C. Dabney, 888-777-0658 info@xraymedia.com
posted
Hope we close at the HOD, and gap up tomorrow. L2's don't show much in the way of resistance until 0.033, and 0.036.
Posts: 55 | Registered: Jan 2005
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posted
August 11, 2005 11:11 AM US Pacific Timezone
XRAYMEDIA Prices $1,100,000 USD For All Divisions of a Successful Asian Business Directory Purchase for Its Technology Integration
NEW YORK & VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 11, 2005--XRAYMEDIA, Inc., (OTCBB:XRYM), an industry leader in real-time negotiating technology, is pleased to announce that the corporation is eying the purchase of all the divisions of a popular Asian Business Directory Group. A $1,100,000 USD price tag is in the final stage of discussions.
As previously announced, the Asian Business Unit consists of advertising space to be integrated with the XRAYMEDIA Live Media Marketplace (LMM) and a high growth product sales unit to be integrated with the XRAYMEDIA Live Open Marketplace (LOM). Both business units are under the umbrella of the negotiations; with projected total revenues to the Company this year is currently over $1,000,000 USD.
The Dutch XRAYMEDIA European LOM President & CEO, Hans Johannes Schulte, comments, "We are in anticipation to reveal more details as they present themselves in the coming weeks or days. The business combination would create an expanded new e-commerce venture by bringing together the Asian business-to-business Guide with the Live Media Marketplace and multiple consumer and innovative products brought online with the new Hybrid Integration of Live Auctions and Live Negotiating Technology. We are very excited about the upcoming newest Release of the Live Open Marketplace in combination with the upcoming release of the innovative International Technology Marketplace in direct combination with a Asian Business directory, synonymous with high quality industrial innovative Product and Service Information, including some Asian sub divisions, a powerful advertising medium for industrial companies across the globe in different Asian and Chinese languishes for a broader scope, understanding and consequently: cheaper utilization for development, production and/or marketing agreements, with potential Asian development or funding."
About XRAYMEDIA's Live Negotiating Technology
Central to XRAYMEDIA is its unique live negotiating technology; under years of ongoing R & D, this technology has been solely deployed in media industry. Available to the global community, 24 hours a day, 7 days a week, XRAYMEDIA will now release this proprietary technology to virtually every industry worldwide, with video and image components allowing users to thoroughly evaluate merchandise, and other such offerings, before initiating live negotiations. XRAYMEDIA is proud to release one of the most powerful technologies for live Internet negotiating for online marketplaces today. Designed to catapult any entrepreneur into the forefront of the Internet marketing sphere. Licensing agreements empower forward-thinking licensees with XRAYMEDIA's flagship technology that permits multiple negotiations simultaneously, online, via a secured, encrypted platform giving them the ability to negotiate live with countless prospects, regardless of their product or service.
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA INC., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov.
posted
Will break 100 DAY high on Monday, enroute to 52 week high in the next two weeks. Good PR news expected next week. Check the volume!!!!! Good sign!!!
posted
posted by another member thread closed too many XRYM thread:
Posted by: Oniell Member
Rate Member posted August 14, 2005 05:48 AM -------------------------------------------------------------------------------- XRYM going this week above 5 cents, check it out. http://finance.yahoo.com/q?s=XRYM.OB
Rate Member posted August 14, 2005 05:50 AM -------------------------------------------------------------------------------- I could be wrong with 5 cents, even 15 cents is doable. Hope you have some shares! -------------------------------------------------------------------------------- Posts: 5 | Registered: Aug 2005 | IP: Logged |
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES: Hollywood Partner Relativity Media to Pay XRAYMEDIA $50,000 USD as First of Many Beverly Hills Film Fund Payouts Potentially Yielding over $3,000,000 USD Per Year to XRAYMEDIA from Approximately 30 Film Fundings Per Year
NEW YORK & VANCOUVER, British Columbia, Aug 15, 2005 (BUSINESS WIRE) -- XRAYMEDIA, Inc., (OTCBB: XRYM), a media industry leader in real-time negotiating technology, is pleased to announce that it expects to be paid $50,000 USD as the first of many installments to come, through its consulting services to Relativity on the Beverly Hills Bridge Fund. The $50,000 USD payment to XRAYMEDIA is the first revenues from its partnership with entertainment moguls Relativity Media. Managed by Relativity Media, LLC, the Beverly Hills Bridge Fund, is launched and providing bridge financing to a number of feature films. XRAYMEDIA is receiving 10% of Relativity profits from the Beverly Hills Bridge Fund, for its media, advertising and marketing consulting to Relativity. Based on a 60-90 day revolving investment structure, the fund receives a profitable front-end return as well as a secondary back-end fee paid based on the movie's gross box office receipts and secondary revenues.
Ryan Kavanaugh, Relativity Media President, and CEO, comments, "We are proud to be moving forward with XRAYMEDIA in the motion picture funding arena. Beverly Hills is set up to provide short-term bridge investments to, up to, 30 feature films per year for independent productions ranging from $10 million to $50 Million. As one of the most critical aspects for us to understand on each of these films is their marketing and media buying potential we selected XRAY to be our consultants. We expect that XRAY will be our consultant on most of these films, and that this structure will be very lucrative for both parties."
Raymond C. Dabney, XRAYMEDIA President and CEO, comments, "We are very pleased to be working with Relativity on these motion picture funding projects. With projects of this magnitude, we are confident that we will generate significant revenues while providing a needed service to these properties. Relativity's swift call to action and solid track record gives us a stable grasp of the huge success available from Hollywood's bright lights and glory. Of course, we are just as pleased to see the immediate monetary success from the Beverly Hills Fund. The profits to be paid on approximately 30 of such investments each year should put us into positive cash flow in the near future. We look forward to progressing our relationship with Relativity and their clients, while capitalizing on our cumulative strengths to introduce new ventures and strategic partnerships to enhance their Hollywood productions."
Mr. Kavanaugh concludes with, "We are very excited with our next release, Nothing But The Truth, the first feature film under the Bridge Fund umbrella, currently being filmed, this production is slated to hit the big screen in 2006. The Companies expect to receive substantial revenue from Nothing But The Truth. Piranha, the second feature film project that the Beverly Hills Fund is likely to be involved in, will commence production before the end of the year. With our successful release of George A. Romero's Land of The Dead which we executive produced, we expect the momentum to continue to roll into the new year with the Beverly Hills Bridge Fund continuing to finance high prestige, high profit, feature films."
About Relativity Media
Relativity has quickly established itself as one of the premiere management companies in the entertainment industry with expertise in all facets of the industry, helping to structure over $1.200 Billion of debt and equity transactions for Producers, production companies and films. Its principals have advised numerous equity, tax and private investment funds as to their investments in entertainment. With expertise spanning production, finance and business, staff includes a former COO of Industry Entertainment and former Director of LIVE Entertainment (now Artisan Entertainment), the leading U.S. independent home video Distributor, as well as consultant for Mosaic Media, Signpost and Fireworks Films and former Executive Vice President of MCA Motion Picture Group (now Universal Studios).
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA INC., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov.
SOURCE: XRAYMEDIA, Inc.
CONTACT: XRAYMEDIA, Inc. President & C.E.O. Raymond C. Dabney, 888-777-0658 info@xraymedia.com
posted
XRYM up another 20% currently at .035 going to .055 by the end of the week!!
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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posted
It has gone from .019 to .038 in less than 7 trading days.
Looking good, been telling people to get on board since the 10th of August....
Not too late run may be to .05 - .06 before it retreats
Just my opinion based on charts, volume and news and my personal DD. Enter at your own risk.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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posted
if you like XRYM we are going to .045 by Weds. Watch the volume close, and pay attention to the news.
CSJJ people don't know what they are missing, with the huge buys the past two days this baby will explode soon, three more days of volume over 200 million will for sure make it go to .001 by Friday and stay there!!!
Just wait and see this baby running to .005 by mid September or sooner.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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posted
anyone have any idea on how high this could go before a pullback....and when it pulls back how far it does before it goes up again?
Posts: 55 | Registered: Jul 2003
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posted
Look at the charts I say we hit high 4's or low 5's then it will retrace to high 2's. by looking at the past it can be a 5-8 days of down trend.
However this company has had excellent PR news about revenues the past three weeks so be careful in getting out to early. I am riding freebies shraes now, so I'm in it until the gas runs out. Hopefully much higher than what I stated.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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