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Financial Media Group, Inc. (OTCBB: FNGP)
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Dear Reader,
For emerging public companies there is rarely more important news than that of record revenues and earnings, not just for the obvious benefit of a sustaining influx of capital to the company, but also in the implied value to existing and prospective shareholders. A year-over-year or quarter-to-quarter increase goes a long way toward validating key components of a company's business plan - especially in the smallcap arena where ideas and products are often plied without sale for years on end.
Today's financial announcement from Financial Media Group (OTCBB: FNGP) paints a very bright picture and perhaps provides a significant degree of separation from the smallcap flock insofar as it has been able to report substantial percentage gains in both revenue and profits for its most recently completed quarter. This sounds a positive alarm for existing and potential investors.
FNGP is the proud parent of a capital markets and economic consumer Icon: WallSt.net. The Web site has become the literal 'Home' of thousands of people seeking the most comprehensive financial information on the Web.
You May Review Our Recent Profile On FNGP here
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*Breaking* NEWS from Financial Media Group |
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Press Release Source: Financial Media Group, Inc.
Wednesday July 19, 7:00 am ET
Financial Media Group, Inc. Reports Record Third-Quarter Results
IRVINE, Calif., July 19 /PRNewswire-FirstCall/ -- Financial Media Group, Inc. (OTC Bulletin Board: FNGP - News), a diversified advertising and media company is pleased to announce record revenues and earnings for the third-quarter ended May 31, 2006.
Financial Highlights:
* Net income for the third quarter ended May 31, 2006 increased 63% to
$621,370 or three (3) cents per share, compared to earnings of $380,240
or two (2) cents per share for the same period in fiscal 2005.
* Revenue for the third quarter increased 121% to $2.6 million compared to
$1.2 million for the same period in fiscal 2005.
* Revenue for the nine months ended May 31, 2006 increased 281% to
$5.6 million compared to $1.5 million for the same period in fiscal
2005.
* Net loss for the nine months ended May 31, 2006 was $228,862 compared to
the net income of $243,525 for the same period in 2005.
The improved earnings and increased revenue were a result of the Company's continued efforts to expand its marketing services, and gain new clients during the three and nine-month periods ended May 31, 2006.
"We had a solid quarter that was characterized by our continued growth, and expansion," said Javan Khazali, Chief Operating Officer of Financial Media Group, Inc. "During the quarter, we were able to increase our advertising sales and lease an additional 6000 square-foot facility at our Irvine office to accommodate our growth. We have made significant progress toward our goals for the calendar year, and continue to enhance our brands with products and services that our customers are looking for."
About Financial Media Group, Inc.
Financial Media Group, Inc. is a diversified advertising and media company focused on providing products and services for the global investment community, and publicly traded companies worldwide. The Company is based in Irvine, California, and trades on the Over the Counter Bulletin Board under the ticker symbol FNGP.
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:
Javan Khazali
Chief Operating Officer
Financial Media Group, Inc.
(949) 486-1711
info@financialmediagroupinc.com
Source: Financial Media Group, Inc.
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About Financial Media Group |
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Financial Media Group, Inc. ("FMG") ("FNGP") is a publicly traded company focused on advertising services and financial media for small and mid-sized publicly traded companies and investors worldwide. The Company’s stock trades on the Over-the Counter-Bulletin-Board under the ticker symbol FNGP.
One of FMG’s wholly owned subsidiaries, WallStreet Direct, Inc., is a provider of financial news and tools for the retail and institutional investment community. WallStreet Direct owns and operates WallSt.net, an industry icon that provides original editorial content, media, and community-driven applications for investors worldwide.
WallSt.net is one of a handful of pioneers that brought the investment community to the Internet. WallSt.net gives a direct link to the management of companies through encompassing executive interviews and sector seminars. WallSt.net provides a free service to consumers, and a paid and premium monthly subscription to its members.
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Why are investors flocking to WallSt.net? |
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Financial Media Groupa
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The WallSt.net Market
By creating a defined niche, WallSt.net serves small to mid-cap companies not served by the likes of CNBC, Yahoo, or MSN.
WallSt.net has performed advertising services for more than 80 publicly traded companies. The response to these advertisers from WallSt.net subscribers and visitors has established a loyalty among advertisers that is unparalleled in Internet based economic news.
and the statistics keep them coming back
WallSt.net receives more than 240,000 unique visitors a month
and has amassed 80,000 registered members to its database.
What makes WallSt.net so different
from its competition?
* One of the largest libraries
of executive interviews on the Web
*Community-driven applications that foster
recurring, and lengthier visits
*Positioning to meet the growing demand
for effective advertising solutions
for small and mid-cap public companies
*Experienced staff of journalists
*Brand recognition in the investment community
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FNGP PRICEaaaaaaaaaaaaaaaaaaFNGP vs. the SPX
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News for Financial Media Group |
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Press Release Source: WallStreet Direct, Inc.
Monday June 12, 7:00 am ET
WallSt.net Reports Surge in Web Traffic for May 2006
NEW YORK, June 12 /PRNewswire/ -- WallStreet Direct, Inc., the owner and operator of www.wallst.net , and a wholly owned subsidiary of Financial Media Group, Inc. (OTC Bulletin Board: FNGP - News) is pleased to announce WallSt.net's traffic for the one-month ended May 31, 2006.
WallSt.net received 282,673 visits, and 2.1 million page views for the one-month period. The average number of page views per unique visitor in May was 32, according to statistics provided by Web Trends, Inc. The average length of a visit to www.wallst.net was 12 minutes and 13 seconds and there were 283,498 documents, or static pages viewed in the month.
"We have seen a significant spike in our traffic since we launched Version 3.0 in January," said Nick Iyer, President of WallStreet Direct, Inc. "What is really exciting is the steady up tick we've seen in recurring visits, and unique visitors. People are discovering us and realizing that we can be a valuable resource for them to make more informed decisions, and they're coming back."
To read the complete release and disclaimer, Click Here.
Press Release Source: WallStreet Direct, Inc.
Wednesday May 3, 7:00 am ET
WallStreet Direct, Inc. Announces Development of MyWallSt.net, an All-New Website That Will Serve as a Hub for the Company's Financial Social Network, and Affiliate Marketing Program
NEW YORK, May 3 /PRNewswire/ -- WallStreet Direct, Inc., the owner and operator of www.wallst.net , and a wholly owned subsidiary of Financial Media Group, Inc. (OTC Bulletin Board: FNGP - News) is pleased to announce the development of MyWallSt.net, an all-new website that will offer premium content to paid subscribers, and 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, similar to MySpace.com, but targeted to the financial community. 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.
"The concept of MyWallSt.net developed soon after we launched Version 3.0 of www.wallst.net in January 2006," said Nick Iyer, president of WallStreet Direct, Inc. "Our vision has always been to offer our members reliable, compelling content to aid in their investment decisions. MyWallSt.net is the perfect compliment to our free site. Our premium content offering, coupled with our soon-to-be rolled-out affiliate marketing program should not only increase our sales and subscription revenues, but also our traffic, subscriber base, and the size of our financial social network."
To read the complete release and disclaimer, Click Here.
Interested parties can register for pre-launch at www.mywallst.net .
Press Release Source: Financial Media Group, Inc.
Monday March 27, 7:00 am ET
Financial Media Group, Inc. Announces Launch
of Financial Filings, Corp. a New, Wholly Owned Subsidiary
IRVINE, Calif., March 27 /PRNewswire-FirstCall/ -- Financial Media Group, Inc. (OTC Bulletin Board: FNGP - News), a diversified media and advertising company, is pleased to announce the launch of Financial Filings, Corp., a wholly owned subsidiary focused on providing Edgarizing 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 cost effective channel to accurately format pertinent SEC filings, and distribute their news in more than 30 languages, to media outlets in more than 135 countries.
To read the complete release and disclaimer, Click Here.
"Formatting documents for SEC compliance, and providing a cost-effective means
for public companies to disseminate their news are natural extensions
of our existing marketing products.
"We are convinced that Financial Filings, Corp.
offering can provide a significant contribution to the current climate
by making disclosures simple to submit, access, and research."
Javan Khazali, Chief Operating Officer for Financial Media Group, Inc.
For more information, please visit http://www.financialfilings.com
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Financial Highlights For FNGP |
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Recent Trade: $2.35 07-19-06 - 52wk Range: 0.70 - 2.00
Avg Vol (3m): 6,951 - Market Cap: 60.54M
Sector: Services - Industry: Business Services
State of Incorporation: Nevada
Transfer Agent: U.S. Stock Transfer Corp.
FNGP is a fully reporting company. To view the latest filings for Financial Media Group on the SEC site, Click Here.
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TO CONTACT FNGP |
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Financial Media Group, Inc.
2355 Main Street, Suite 120, Irvine, CA 92614
Phone: 949-486-1711
FNGP Web Site: Click Here
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