posted
ABOUT US Financial Media Group, Inc. is an Irvine, Calif.-based publicly traded company focused on advertising services and financial media for publicly traded companies and investors worldwide. The company trades on the NASDAQ Over-the-Counter- Bulletin Board under the ticker symbol FNGP. QUICK FACTS AND FUNDAMENTALS Acquired WallStreet Direct, Inc., the owner and operator of ********** in January 2006 $2.9 million in revenues for the six months ended February 28, a 304% increase compared with revenues of $716,633 in the same quarter a year earlier More than $4.7 million in marketable securities Launched a new, wholly owned subsidiary focused on providing Edgarization services to small and mid-sized public companies in March 2006 Leased an additional 6,000 square foot facility at its Irvine, Calif., corporate headquarters to accommodate growth. The company now leases approximately 12,000 square feet at its Irvine facility Seasoned management team with decades of experience in media, finance, and business development
Posts: 394 | Registered: Sep 2008
| IP: Logged |
posted
It was hard to get a buy in for awhile. Seems a lot of people are climbing on this one this AM. I think the thought is that this hass bottomed out and now is the time to bounce up!!
-------------------- TraderJake Posts: 89 | From: Detroit, MI | Registered: Feb 2009
| IP: Logged |
posted
Today was great. Even better is that I bought in yesterday!! Great movement and volume today. With the rumored PR tomorrow I'm curious as to what the pre-market open will be. This was a very nice move today. I am smiling all the way to my new car!! :-)
-------------------- TraderJake Posts: 89 | From: Detroit, MI | Registered: Feb 2009
| IP: Logged |
posted
Looking at the trades for today it appears to be nearly all accumulation, signaling that this has much more in her, jmho.
Posts: 267 | Registered: Feb 2009
| IP: Logged |
posted
FNGP great news... Financial Media Group, Inc. Announces Launch of ForWant.com, a Free Classified Website Friday February 20, 5:30 am ET
IRVINE, CA--(MARKET WIRE)--Feb 20, 2009 -- Financial Media Group, Inc. (OTC BB:FNGP.OB - News), an online web publisher focused on building 2.0 properties for integrated Ad Networks and eCommerce properties, announced today the launch of ForWant.com, an online free classified site that enables users to search for a variety of items specializing in the categories of Jobs, Housing, For Sale, Personals and Services. Advertisements for these categories can be uploaded for free. The Company believes its platform to be very strategic in nature, and with the continuing downturn in the economy and job markets, it presents a unique opportunity for web properties operating within this space.
The URL for the property is www.ForWant.com and the name implies the opposite of For Sale.
The property operates on a free model and is heavily augmented by advertising on both CPM and CPC and CPA based models.
The industry is currently dominated by four main players: Craigslist.org, Monster.com, Yahoo's HotJobs and CareerBuilder. The Company believes a free base model is a more strategic entry into this marketplace for the following reasons:
-- Craigslist.org claims to receive 12 billion page views and ranks the property as one of the top 30 web properties in the world as per Alexa (An Amazon company). Industry experts put the market cap conservatively at $1.0 to $1.5 billion. Their model has typically been free for the majority of the universe and the company does not accept advertising regardless of appeal of greater profitability.
-- Monster.com has approximately $1 billion in market cap. The site is supported by job posting fees where a typical job advertisement cost is $475.
-- CareerBuilder.com, another paid job classified, claims to have 400 million page views per month with advertisements typically charging $359.
-- HotJobs.com, a leading product of Yahoo with a typical job advertisement costing $275. ADVERTISEMENT
About Financial Media Group, Inc.
Financial Media Group, Inc. is an online web publisher focused on building 2.0 properties for integrated Ad Networks and eCommerce properties.
Forward-Looking Statements:
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
Contact: Contact: Financial Media Group, Inc. (949) 486-3990
Posts: 394 | Registered: Sep 2008
| IP: Logged |
IRVINE, CA--(MARKET WIRE)--Feb 20, 2009 -- Financial Media Group, Inc. (OTC BB:FNGP.OB - News), an online web publisher focused on building 2.0 properties for integrated Ad Networks and eCommerce properties, announced today the launch of ForWant.com, an online free classified site that enables users to search for a variety of items specializing in the categories of Jobs, Housing, For Sale, Personals and Services. Advertisements for these categories can be uploaded for free.
-------------------- TraderJake Posts: 89 | From: Detroit, MI | Registered: Feb 2009
| IP: Logged |
posted
This news yesterday was great, going in the the online market place is a solid business move. From selling/buying collectibles to getting rid of something you just can throw in a yard sale, to buying and selling cars and the job market, I can't even think how I used to live years ago without the online marketplace.
Posts: 267 | Registered: Feb 2009
| IP: Logged |
posted
I am seeing some nice bottoming action in the short term charts, long term looks promising for some good upside potential.. good product for there will always need be a need for advertising, one mans junk is another mans treasure..
-------------------- -Federated Records ...live learn gain... Posts: 75 | From: Johnson City, TN | Registered: Feb 2004
| IP: Logged |
posted
I agree Federated Records It is the way of the future on line everything. Lots of upside here for sure.
Posts: 394 | Registered: Sep 2008
| IP: Logged |
posted
ForWant.com will give the company as a whole wider exposure. Last week was getting in at a bargain compared to what I believe should happen this coming week.
-------------------- TraderJake Posts: 89 | From: Detroit, MI | Registered: Feb 2009
| IP: Logged |
quote:Originally posted by traderjake: ForWant.com will give the company as a whole wider exposure. Last week was getting in at a bargain compared to what I believe should happen this coming week.
I would agree with that, it is a bargin where it is depending on what happens monday, it could get a big cheaper before the upside arises...
-------------------- -Federated Records ...live learn gain... Posts: 75 | From: Johnson City, TN | Registered: Feb 2004
| IP: Logged |
posted
Added some more this morning. figuring a nice run getting set to go. Small UT this morning with good volume. Looking for this to be a good week for this one.
-------------------- TraderJake Posts: 89 | From: Detroit, MI | Registered: Feb 2009
| IP: Logged |
posted
Green Close today!!!! Looking for higher gains, she moves very easily along with the slightest buying pressure.
Posts: 267 | Registered: Feb 2009
| IP: Logged |
posted
This was a fun play today. Didn't hit the doubles yet. A lot of good volume and action throughout the day though. Hoping to bust through the 8's tomorrow then its go time, big time.
-------------------- TraderJake Posts: 89 | From: Detroit, MI | Registered: Feb 2009
| IP: Logged |
posted
Excellent touched .05 today nice gain from MoneyHoney's alert at .011 This one is far from finished IMO..
Posts: 394 | Registered: Sep 2008
| IP: Logged |
posted
Looking for more on this, call me greedy, but this goes much higher, once we break out .08's watch out double digits in sight.
Posts: 267 | Registered: Feb 2009
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Smile]](smile.gif)
