posted
Press Release Source: Financial Media Group, Inc.
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.
Posts: 394 | Registered: Sep 2008
| IP: Logged |
posted
This has been a nice steady gainer, higher accumulation follows some selling, stronger and higher base buidling everyday. When penny's follow this pattern they usually go very nicely.
Posts: 267 | Registered: Feb 2009
| IP: Logged |
posted
Moneyhoney wish I had your .011's but I've been adding on the pattern over the last few days on the low. I've got a nice avg and am waiting for that touch at .05 to go past that wall and move forward. It's going to happen any day so the chances to reload and add on the profit taking have been great opportunities.
-------------------- TraderJake Posts: 89 | From: Detroit, MI | Registered: Feb 2009
| IP: Logged |
posted
Press Release Source: Financial Media Group, Inc.
Financial Media Group, Inc. Announces Development of Entertainment Property Sippinit.com Friday February 27, 7:00 am ET
IRVINE, CA--(MARKET WIRE)--Feb 27, 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 that it is developing the entertainment property Sippinit.com (www.sippinit.com), an online pop, entertainment and gossip property. ADVERTISEMENT
The web property is currently in development and is expected to be launched in the second quarter of this year. The Company is committed to developing these new web properties and diversifying its web holdings.
Last week the Company announced its newly developed web property ForWant.com (www.ForWant.com) which has already achieved a weekly Alexa ranking of 232,000 in this brief period. The Company is very excited about its ForWant classified property and plans to offer video as a key differentiator from its competitors.
The Company plans to produce three additional web properties this year in Sports, Local and Rewards.
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. Phone: (949) 486-3990
-------------------------------------------------------------------------------- Source: Financial Media Group, Inc.
Posts: 394 | Registered: Sep 2008
| IP: Logged |
posted
The roller coaster of profit taking is starting to slow. There were some good add/start op's on this one during the week but I'm thinking that those days are over going into next week as the cycle is rising on the eod close. If you're not in by now your window is short on the nice ride up. As posted earlier I've been hitting the lows to stock up but I think the ride has begun and now is the time to get in while the getting is still good.
-------------------- TraderJake Posts: 89 | From: Detroit, MI | Registered: Feb 2009
| IP: Logged |
posted
This week is going to make some happy traders for those picking up on these dips. Expecting new highs
Posts: 267 | Registered: Feb 2009
| IP: Logged |
posted
Financial Media Group, Inc., together with its subsidiaries, operates as a financial media company in the United States. It focuses on applications that enable the retail investment and financial communities to collaborate directly with publicly traded companies. The company provides Internet based media and advertising services through its financial Web sites. Financial Media Group offers customized investor awareness programs, such as audio and video of senior management interviews; press releases; newsletter and editorials; small cap companies conferences and seminars; email mailings and forums; and electronic document conversion, media, and advertising services to public and private companies. The company distributes its content through its Web properties, including www.********** (WallSt), my.********** (MyWallSt), and tv.********** (WallStTV). WallSt offers free access to breaking news, financial research tools, videos, and original editorial content, including a library of approximately 4,000 audio interviews with executives from public and private companies. MyWallSt is a financial social network with community stock ratings, personal profile pages, ****s, message boards, and a proprietary trading. WallStTV provides free access to its original video programming, including the 3-Minute Press Show, Sweet Picks, the Analyst’s Review, and ********** News Magazine. The company also owns and operates The Wealth Expo, a line of investment conferences that feature high-profile keynote speakers, exhibition booths, and educational seminars. In addition, it provides news distribution and EDGAR filing services to public companies. The company was incorporated in 2002 and is based in Irvine, California.
Posts: 394 | Registered: Sep 2008
| IP: Logged |
posted
Heavy position taking happening at ask today, looks like someone(s) getting ready for second leg of run.
Posts: 267 | Registered: Feb 2009
| IP: Logged |
posted
trading clean again L2 looked very nice again. just needs some volume and I think that is on its way
Posts: 394 | Registered: Sep 2008
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
