200K magazines per issue X 10 issues = 2M mags sold in one year. 2M mags x $3.99 (cost to buy a mag) = $7.98M
45 ads X $20K (cost to place an ad) = $900K in ad revenue per issue. $900Kx 10 issues = $9M annual ad revenue
EARNINGS:
$8M yearly revenue for selling the magazines $9M revenue for the ads
minus $2M for printing the mags minus $500,000 for operating expenses
+ 17M yearly earnings
FORWARD P/E:
The projected yearly earnings is $10M and with approx. 1B shares, that comes to .017 per share.
With a P/E ratio of 20 the PPS would be .34
This doesnt even account for the new professional publication they will have out soon or the revenue generating website.
We have so much further to go imo.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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I think today will be a great day! Hopefully they release the PR everyone is waiting for!
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
Salon City, Inc. Receives Sign Off Approval from Independent Auditors for SEC Filing Monday July 9, 9:30 am ET SCI's Legal Team Will Send Form 10-SB To SEC
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Salon City, Inc. (OTC:SLON - News) announced today that auditors Lake and Associates LLC have given approval and officially signed off on their two-year independent audit of Salon City, Inc., in final preparation of SCI's 10-SB filing with the Securities and Exchange Commission to uplist to the Over the Counter Bulletin Board. ADVERTISEMENT
SCI's legal team is finalizing the necessary documents to accompany the approved audit, and project the filing will be sent to the SEC in the next few days. Steven Casciola, SCI's President & CEO stated, "This process has taken months to prepare for, and now that the independent auditors have approved the audit, we are grateful to see that sustentative progress has been achieved from a coordinated effort of many committed professionals. This is also a symbolic time (during the 4th of July week) to take this important, historical step for SLON's growth, scalability and future expansion. It clearly demonstrates how good people have come together, SLON investors and fans alike, to collectively pursue the American Dream of creating more wealth, prosperity, beauty and happiness in life by being the best you can be."
Upgrading SLON's reporting status to the OTCBB is an important milestone in the Company's drive towards branding itself as an emerging media, distribution and marketing powerhouse for lifestyle and beauty entertainment around the world.
About Salon City, Inc.
Salon City Magazine, America's newest lifestyle publication published by Salon City, Inc., is now nationally distributed by Time Warner Retail, a Time Warner Company (NYSE:TWX - News), and internationally by Kable News Distribution, an AmRep company (NYSE: AXR - News), in 30 countries around the world.
For information on SLON, visit www.saloncity.com or email Investors Relations at info*saloncity.com. Listen to SLON's weekly conference calls: Dial 605-725-1900 (Code:010405), Thursdays, 4 p.m. ET.
Certain information contained in these materials is "forward-looking" information, such as projections, estimates, pro formas, or statements of intentions, expectations or plans. All forward-looking information is subject to known and unknown risks and uncertainties, many of which are outside of the control of the Company. Consequently, actual results may, and probably will, differ materially from the results contemplated in such forward-looking information.
Contact: Salon City, Inc. Steven G. Casciola, President and CEO, 310-402-2819 Renee Simone, Media Communications, 310-734-4320
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
The hardest part is overwith, the audit. Should be a breeze from here.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
Fake wall at .045. Just need more pressure and they will drop off like dead flies.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
since i logged on it went from .04 to .05...I think i just sugared my shorts!
-------------------- I refuse to tiptoe through life... only to arrive safely at death. Posts: 221 | From: michigan | Registered: Feb 2007
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-------------------- I refuse to tiptoe through life... only to arrive safely at death. Posts: 221 | From: michigan | Registered: Feb 2007
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posted
well im going to hit the showers, and when I get back im expecting .06!
-------------------- I refuse to tiptoe through life... only to arrive safely at death. Posts: 221 | From: michigan | Registered: Feb 2007
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posted
Im sorry but I just want everyone to go visit page 1 of this thread and look at this:
SuperSniper00 Member posted June 21, 2007 10:37 -------------------------------------------------------------------------------- Don't miss the boat at these prices. You will all see in the coming weeks that SLON is gonna rock and you'll all be chasing and crying when you could have gotten in right now.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
On June 21st SLON closed at .0145 =)
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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quote:Originally posted by Bazooka: yep good call on that one sniper.. i got in at .017
Well if you got in at .017 then you as well had a good call! congrats. Hope you havent sold a share yet!
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
Still think you're out too early, but grats on your profits!! =)
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
Great job, SuperS. Take a look at NLUB, the End-of-504 run just started one hour ago. It will be a 10X run.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
Me also - Got in at .022 and will hold until .066 for a nice 300% profit as I keep my fingers crossed.
Posts: 14 | Registered: Jun 2007
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posted
Probably flippers that bought in the .02-.03 ranges. Let them get shaken out. This is healthy because the charts can now refresh themselves for when the actually audit is posted to the SEC.
Great buying opportunity here.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
I only threw like a hundred in NLUB as a lottery play. NLUB sucks. My main ones are INXR (in at .0006) and SLON in at .0149. MOOOOOOOOOO!!
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
Back up to .047. Might finish the day at .05 or higher. Hope some people got in on the dip.
This is what I love to see in a stock. No manipulation or dilution. Stays strong and just rebounds back following the ebb and flow of the market.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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