http://www.cstorenet.com/ Convenience TV Inc. (OTC.BB: CRPZ) is part of the burgeoning digital signage industry, in one of the fastest growing areas in advertising media sales today. Convenience TV has contracted with groups of high-traffic convenience stores to create and implement in-location flat screen TV display systems, called Captive Audience Networks. These TV networks enable Advertisers to deliver entertaining content paired with advertising targeting consumers "at the point of purchase" to promote sales of specific products within each retail location. The programming can be up-dated quickly and is tailored to meet the specific clients' need for increased sales, customer enjoyment and brand reinforcement. Branding 'getting sexier by the second' with digital signage
http://www.digitalsignagetoday.com/article/194819/Branding-getting-sexier-by-the-second-with-digital-signage-Commentary?rc_id=191 "Growth of about 17 times greater than the U.S. economy at large (16.2 percent in 2012) is projected for advertising growth using digital place-based networks, according to PQ Media. The 1 percent of total ad budgets directed to an estimated 369 ad-based out-of-home dynamic media networks in North America offers extraordinary potential to brands." ============================================================================================================================================================================= CONVENIENCE TV SIGNS JOINT VENTURE TO MARKET AND DISTRIBUTE Culinary Truths™ BRAND PRODUCTS: http://www.sec.gov/Archives/edgar/data/1454719/000106299312001581/form8k.htm
On May 1, 2012, Convenience TV Inc. (the "Company", "we", "us") entered into a joint venture agreement with Autumn Peach Worldwide Inc. ("Autumn Peach"), a British Virgin Islands corporation wherein the parties are mutually interested in creating a joint venture to market and distribute Culinary Truths brand products and to provide digital marketing devices to promote sales. Autumn Peach is in the business of producing natural spices under the brand name of Culinary Truths and wishes to market and distribute the products in North America. A copy of the joint venture agreement is attached hereto as Exhibit 10.1.
Pursuant to the terms of the joint venture agreement, the parties have agreed to that the Company will receive a commission of 10% per sale for products sold by the Company or its affiliates, that the Company will supply its expertise in screen placement within the designated locations, that Autumn Peach's distributors will be responsible for the ordering and payment of equipment as required, that the Company will pay Autumn Peach 20% of the net billing advertising revenue, and that the initial term of the joint venture agreement shall be 5 years, with annual renewals based upon mutually acceptable terms.
Project Joint Venture Agreement : http://www.sec.gov/Archives/edgar/data/1454719/000106299312001581/exhibit10-1.htm
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http://www.culinarytruths.com//
Culinary Truths is dedicated to socially responsible employment, organic and healthy processing, and providing you with cinnamon that is of the utmost flavor and quality.
Culinary TruthsTM Cinnamon comes in attractive packaging, fresh from its native Sri Lanka.
It is available in stick form in attractive 20 gram/20 oz. sachets.
Wholesale purchases come in 400g boxes.
Why buy Culinary TruthsTM Cinnamon?
- Superior flavor to cassia
- 100% organic
- No chemical fertilizers or fumigation are used in growth or processing
- Gender equal labor
- No child labor
- Hygienic processing
The volume of 20 gm of Cinnamon is three or four times the volume of 20 gm of Cassia, offering greater value to consumers than lower-quality alternatives. Prefer cinnamon powder? The retail package has a built in grinder to help you grind the cinnamon sticks so you have the freshest flavor.
More about Culinary TruthsTM Cinnamon
Culinary TruthsTM Cinnamon is harvested, produced and packed in its ancient original location mentioned in the bible and by Ptolemy as the unique source.
Produced using a one of a kind hygienic production system, this product is completely chemical-free, 100% organic and leaves a zero carbon footprint.
Culinary TruthsTM Cinnamon is produced using a unique system of socially responsible employment that assists in the development of poor village communities. While enabling gender-equal employment opportunity to the communities, the system also brings a complete stop to child labor.
In addition to its unmatched superior flavor, Culinary TruthsTM Cinnamon also contains high quality antioxidants recommended for the natural treatment of diabetes.
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LOS ANGELES, CA
Convenience TV Inc. (OTC.BB: CRPZ) announces that the joint venture between CTVI and Culinary Truths brand has received its first shipment of one quarter of a million dollars worth of cinnamon.
CTVI President and CEO Norman Knowles and Culinary Truths President Dr. Darin Gunesekera agree that this initial shipment awards the joint venture an opportunity to make an immediate impact, as they enter the multi-million dollar organic food market.
About Culinary Truths™
Dr. Gunesekera, or Dr. Darin as he is widely known, formed the Culinary Truths brand (www.culinarytruths.com) in order to offer a top-grade of Sri Lanka Cinnamon to the North American market with later expansion to South America and Europe.
He received his Doctorate degree in Economics from Yale University. He originated a concept for sustainable Slum and Shanty dweller re-housing using the Capital Market in 1998. His project, advising the Sri Lanka Government, was REEL, which completed its first cycle of re-housing and land liberation in 2000. He followed this by refining his concept, called the S-REIT or Social Real Estate Investment Trust, which was adopted as a best practice by UNHABITAT (2008). And in July 2009, through an independent Jury under UNHABITAT, it was given a Business Award as one of the Five Best practices in the World in the field of Affordable Housing.
He was made the first Fellow from Sri Lanka by Ashoka: Innovators for the Public of Washington, DC in 2003. In 2006, his now internationalised work was recognized by the Skoll Foundation (USA) an organization recognizing only 30 globally.
His first public project was as Secretary General setting up the Colombo Stock Exchange and the Securities Council. He is well known in Kenya when he became Capital Markets Authority Advisor and worked on the Nairobi Stock Exchange, to modernize the system. As the Kenyan system increased several times to be a leading African stock exchange, he was also the first Secretary of the African Stock Exchanges Association. Following this, he was Privatisation Advisor to the Government of Uganda and helped the Ministry to launch public auctions and move privatizations to the public route. He has been awarded the "Bourse de Bourses" medal by the Paris Stock Exchange (with the FIBV, world federation).
About Convenience TV Inc.
Convenience TV is focused on the Convenience Store Industry and provides their clients with an "in-location" TV network. The Network is designed to deliver both entertaining content and targeted advertising on a demographic basis to each retail location. In addition, the Network delivers promotional advertising tied to products within the retail location. The programming can be up-dated quickly and is tailored to meet the specific clients' need for increased sales, customer enjoyment and brand reinforcement.
Safe Harbor Statement
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Convenience TV or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of Convenience TV's products, the competitive environment within the industry, the ability of Convenience TV to continue to expand its operations, the level of costs incurred in connection with Convenience TV's expansion efforts, economic conditions in the industry and the financial strength of Convenience TV's customers and suppliers. Convenience TV does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Contact: Convenience TV
Email: info@cstorenet.com
http://www.otcmarkets.com/stock/CRPZ/quote http://www.otcmarkets.com/stock/CRPZ/company-info Indicate the number of shares outstanding of each of the registrant's classes of common stock as of the latest practicable date.
56,070,000 common shares issued and outstanding as of March 31, 2011
82,534,006 common shares issued and outstanding as of November 17, 2011.
97,769,272 common shares, 0 preferred shares issued and outstanding as of Dec 31, 2011
110,856,017 common shares reported by Pennycense as of 15 February 2012 in post 1444
105,647,684 common shares reported by Asher Enterprises as of ??? in form SC-13G dated 2 April 2012
121,064,350 common shares reported by Siennamike as of 5 April 2012 in post 1566
129,538,926 common shares reported by Siennamike as of 26 April 2012, in post 1617.
145,511,148 common shares reported by Siennamike as of May 10, 2012 in post 1719
154,485,507 commons shares reported by Siennamike as of May 24 2012 in post 1825
169,879,446 common shares reported by Siennamike as of June 8 2012 in post 1954
204,000,000 common shares reported by Siennamike as of late June 2012 in post 2289
268,126,601 common shares reported by StockPrez as of August 1, 2012 in post 4138
268,426,601 common shares reported by STOCK_MOMO as of August 3, 2012 in post 4193
275,126,601 common shares reported by Siennamike as of 7 August, 2012 in post 4226
301,376,601 common shares reported by Siennamike as of 19 Sept 2012, in post 4334
328,043,268 common shares reported by Siennamike as of 21 Sept 2012, in post 4370.
354,406,904 common shares reported by Siennamike as of 5 Oct 2012 in post 4435.
Authorized: 100,000,000 common shares, $0.00001 par value as of ?
Authorized 600,000,000 common shares, $0.00001 par value as of Dec 31, 2011
Authorized 100,000,000 preferred shares, par value $0.00001 as of Dec 31, 2011
