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Vision Works Media Group, Inc. Releases New Screen TV 2006 Affiliate Projections Jan 18, 2006 8:39:00 AM Copyright Business Wire 2006 ORLANDO, Fla.--(BUSINESS WIRE)--Jan. 18, 2006--
Vision Works Media Group, Inc. (Pink Sheets:VWKM) and wholly owned subsidiary New Screen TV, Inc. released the company's affiliate projections for 2006.
"There are 210 distinct TV markets in the U.S.," said Mark Astrom, New Screen TV's President, "and we anticipate potential revenues of between $250,000 -- $500,000 monthly in each of the top 100 markets." Astrom added, "Even in markets #101 - #210, we should be able to realize revenues in the $50,000 -- $100,000 monthly zone."
Rick Erikson, New Screen TV's General Manager, added, "The revenue boost that each market generates is outstanding, and the best part is that our costs are fixed." Erikson also stated, "With our contract for national signal distribution at a fixed monthly cost, we benefit exponentially with every additional market we serve."
The business plan of New Screen TV now includes revenues generated from pay-TV (cable, satellite, or fiber-to-the-home) subscription fees, advertising sales, and Video On Demand (pay-per-view) sales.
New Screen Television, Inc. started as an Orlando, Florida-based broadcasting company that still transmits its television service, New Screen TV, to viewers over-the-air via WRCF-TV Channel 29 Orlando. New Screen TV is on the air and available 24 hours a day, 365 days a year.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Source: Vision Works Media Group, Inc.
---------------------------------------------- Vision Works Media Group Inc. Orlando Naseem Shah 407-346-6717 Fax 407-843-5997 http://www.vswm.comPosts: 484 | Registered: Jan 2005
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Great News! That is substantial monthly revenue. This could prove to be a very good day. GLTA!
Posts: 657 | From: Daytona Beach, FL | Registered: Jul 2003
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anna i dont have level 2 for pinks, I'm just repeating what a friend told me last I heard it was 5X4, but that was earlier..
Posts: 3086 | From: miami | Registered: Nov 2005
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Hey Danny K, I have L2's on Power Etrade and was wondering where you see that info? I just see all the buys tickering through, but not sure where you see how many are on the ask etc? Thanks. GO VWKM!
Posts: 1031 | Registered: Sep 2005
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kiler... its a pink. i use alphatrade for pinks. 60 bucks a month. but worth it when i play these pinkys.
Posts: 583 | From: Atlanta | Registered: Aug 2005
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Part of me wants to sell half and ride free shares now, but MY GREED WON'T LET ME!!! There's no sign of a selloff at this point. What are you guys thinking?
Posts: 1031 | Registered: Sep 2005
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