Gathering data, for general stockholder use, is a valuable tool in making wise buy and sell decisions. Understanding what is happening and what has happened with a company is often the difference between profit and loss. Using the most up to date information and sources is the key to being on top of the market today.
JAG Media Holdings Inc., a financial information gathering and dissemination company, offers for sale information gathered from financial sources. The accumulated information is offered, through subscription services, on its website and in newsletter form. Competition in this sector of the information age is fierce. As a result, the company does have issues regarding subscription and advertising revenue generation.
Perhaps a more intriguing aspect of the company is its UK based subsidiary website, Pixaya.co.uk. This website is directed toward social aspects of life such as: music downloads, health and beauty, gaming and home life segments of the web viewing population in the United Kingdom. The site may also be the source of significant stock options for services, found in company filings. Unfortunately, financial data regarding the website’s contributions to JAG earnings are unknown.
The intricacies of accounting can be complex for most. In many areas of the accounting practice, particular procedures must be followed for federal filings to be maintained in accordance with transparency requirements. A quick view of JAG Media Holdings Inc.’s 10-Q dated December 26, 2007 will offer further insight in this regard.
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