Financial Media Group, Inc.
(OTCBB: FNGP)
Financial Media Group, Inc.
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 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.
Subsidiaries
* WallStreet Direct, Inc.
* Financial Filings Corp.
About WallStreet Direct, Inc.
WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc., provides financial news and information for the retail and institutional investment community. It owns Wallst.net, a multimedia provider of commentary and news from North America’s publicly traded companies giving a direct link to the management of companies through encompassing executive interviews and sector seminars. The company provides a free service to consumers, and a paid and premium monthly subscription to its members.
The All-NEW Website…MYWallSt.net
WallStreet Direct, Inc. created MyWallSt.net, an all-new website that will serve as a backbone for an affiliate marketing program that is set to launch by Fall 2006.
WallStreet Direct, Inc. has implemented a strategy to build an online, financial social network that allows members to collaborate with one another, build personalized webpages, exchange ideas, access content, and build social networks comprised of other members. MyWallSt.net will play an integral role in this effort through its premium content offering, collaborative, user-friendly environment, and community-driven applications.
In addition, MyWallSt.net will serve as a hub for an affiliate marketing program that will be launched in conjunction with the launch of the new website. As the program begins to grow, affiliates will need a destination website to direct their clients, and other affiliates. MyWallSt.net will provide a channel for affiliates to collaborate with one another, track sales, and develop personal web pages to effectively communicate with their existing, and prospective clients.
About Financial Filings Corp.
In late March 2006, the Company launched Financial Filings Corp., a wholly owned subsidiary, focused on providing Edgarization and newswire services to small and mid-sized public companies.
Compliance requirements for public companies are becoming increasingly stringent and costly. Financial Filings Corp. will offer small and mid-sized public companies a channel to accurately format pertinent SEC filings and distribute their news in more than 30 languages to media outlets in more than 135 countries.
Customer acquisition will initially be facilitated by WallStreet Direct, Inc.., which currently provides media and advertising services to more than 30 publicly traded companies. The Company’s ability to leverage WallStreet Direct’s existing client base will significantly lower its customer acquisition costs.
Services
WallSt.net has implemented several community-building platforms including message boards, live chats, and its proprietary ROOKIE CHALLENGE, which allows members to trade real stocks in a universal portfolio tracker and compete for cash prizes.
In addition to its community-building efforts, WallSt.net has focused on emerging media trends such as podcasting. Today, with growing proliferation of MP3 players such as Apple’s iPod, consumers are searching for on-demand channels to access media. They want there daily dose of content, and they want it now!
Sector Seminars
These small cap conferences are a unique opportunity to gain first hand insight into how senior executives, from over a dozen small cap companies discusses their plans for generating rapid and sustainable financial growth. The presenting small cap companies deliver their message through presentations including discussions of their products, marketing, management, competitive environment, growth strategies, and financial performance. Attendees primarily include accredited investors, brokers, lawyers, accountants, portfolio managers, and insurance companies. With networking breaks and receptions built into the conference, member of financial communities have plenty of opportunities to network and exchange investment ideas.
Online Advertising
WallStreet Direct, Inc. currently serves many corporate clients, and offers them a one-stop solution for their Internet corporate disclosure and corporate advertising requirements. Clients can sign a short or longer-term agreement, and are featured on the website. Additionally, newsletter and email disseminations help gain exposure to users. The web site is updated with corporate information, thereby satisfying SEC Internet disclosure requirements. Management expects this area of business to grow in light of recent SEC pronouncements requiring improved Internet disclosure for subscribers and clients, which will cause an increase in the appeal of this offering. Revenues derived from the website include banner and button advertising on the website, and targeted communications to the community. Other advertising platforms include banner advertising on Wallst.net, press releases, Daily Wrap Up, and weekly newsletter.
Proprietary Community-Driven Applications
WallStreet Direct, Inc. launched its proprietary ROOKIES application in January 2006, in conjunction with the launch of Version 3.0 of www.wallst.net. The ROOKIES application is a web-based, universal portfolio tracker that allows members to compete against each other for weekly cash and prizes. Winners are calculated at the closing bell every Friday, and are selected based on the performance of their ROOKIE portfolio.
All participants are also given customizable web pages. In order to be eligible for cash and prizes, ROOKIES are required to personalize their web pages with information ranging from their trading strategies, stock tips, and multimedia content including audio blogs and video files.
More than 1,000 members have registered to compete in the ROOKIE application since its launch. The application will serve as a cornerstone in WallStreet Direct, Inc.’s goal of building an online, social financial network of its members.
Financial Tools
The financial tools will offer a detailed and comprehensive collection of financial charts, figures, and statistics strengthens the foundation of Wallst.net as a premier resource for financial information.
Their objective with such tools is to give visitors to Wallst.net complete access to pertinent information related to the financial markets and their personal investments. Community members are granted full access to the necessary statistical information needed to make educated investments.
Wallst.net provides subscribers with detailed, up-to-the-minute facts and figures that include extensive relevant data for individual stocks, markets, and SEC filings. Such information on the home page will include: quote search, my recent quotes, percentage gainers, actives-gainers-losers for six market exchanges, and a watch list of markets and industries.
Wallst.net also provides several opportunities for investors and researchers to learn more about companies and investment opportunities.
• Portfolio: A web portfolio helps subscribers organize their content of news, editorials, and investments.
• Headlines: Associated Press, Reuters, MarketWatch, and Press Release stories consist of a substantial portion of financial news information. This service provides visitors with a solid source of news regarding all aspects of the investment community.
• Research tools: With links that include: Detailed Quote, Market Depth/Level II, Options, Charts, Java Charts, Company News, and Market Book, Wallst.net has provided several ways to understand stock data.
• Historical: Price history, income statements, balance sheets, and cash flow statements are all included to show the history of a company.
• Analytics: To acquire analysis and learn more about how a company executes its business plan, visitors can access Share Statistics, Fundamentals, Company Profile, Insider Trading, and Filings.
• Markets: To get a broader interpretation of the indices and industries, this service provides Market Overview, Market Movers, World and U.S. Markets, Historical Indicies. It also includes Currency, and Currency Charts.
Podcasts
WallSt.net recently introduced podcasting to its media offering. These information-rich audio sessions can be invaluable to investors, whom tend to be pressed for time. It also presents a forum to speak directly to the investors as to the status of there endeavors and operations.
WallSt.net podcasts also provide a unique opportunity for the companies interviewed to address an impressive subscriber base of inventors with there Company’s perspective on its operations in the current market. Podcasting also presents a possible venue for advertisers, because these programs tend to be so topic centric, they present targeted marketing opportunities for companies.
Executive Interviews
In addition to its podcasts, WallSt.net has compiled a library of close to 2,000 interviews with well-known companies including:
* Lockheed Martin
* General Motors
* Ingram Micro
* Domino’s Pizza
* Encana
* Sun Microsystems
* Sirius Satellite Radio
* Netflix
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Financial News Media Group:
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Disclosure: Pentony Enterprises LLC was compensated $12,000 for profile coverage. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
