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StockGuru Morning Alert: Financial Media Group, Inc. (OTCBB: FNGP)

StockGuru Morning Alert

Financial Media Group, Inc. (OTCBB: FNGP)

Financial Media Group, Inc. (OTCBB: FNGP) is a publicly traded company focused on providing advertising services and financial information related to publicly traded companies and investors worldwide. The company is very well known for its financial web site, WallSt.Net.

The Fundamentals

* $2.9 million in revenues for the six months ended February 28th a 304% increase compared to 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 Edgarization services to small and mid-sized public companies in March of 2006.
* Leased an additional 6,000 square foot facility at its Irvine, California, corporate headquarters to accomodate growth. The company now leases approximatedly 12,000 square feet at its Irvine facility.
* Seasoned management team with decades of experience in media, finance, and business development.

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Financial News Media Group:

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