V Media Corp (fka CMDI)

[Renee]

CMDI: Merged with V Media Acquisition Corporation; $0.60 per share.

FINRA deleted symbol:

http://otce.finra.org/DLDeletions

[kimzerfantastik]

.135...135 X.20, LtVOL

[kimzerfantastik]

.085...085 X.15

[Big Brother]

Interesting, I see this has only broken 100k+ in volume 3 times since 2009 and 2 of those times have been this week.

I swore off China stocks a couple years back but I'll keep any eye on this one.

[kimzerfantastik]

VOLwatch /CMDI,
noted...191kVOL, .05 last,
http://ih.advfn.com/p.php?pid=historical&symbol=cmdi

[Penny Roger$]

weekly chart -

[Penny Roger$]

China New Media Reports First Quarter Fiscal Year 2012 Financial Results
| 8:47 AM | By PR Newswire Association LLC. |

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69001698

[ALERTS100%to10000%GAIN]

CMDI~~~Common stock, $0.0001 Par value; 80,000,000 shares authorized;
27,550,701 shares issued and outstanding


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939595

m1999

[ALERTS100%to10000%GAIN]

CMDI~~~As of May 12, 2011 , the Company had outstanding 27,550,001 shares of common stock, $0.0001 par value

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939595

m1999

[ALERTS100%to10000%GAIN]

CMDI~~~As of May 12, 2011 , the Company had outstanding 27,550,001 shares of common stock, $0.0001 par value

m1999

[ALERTS100%to10000%GAIN]

CMDI~~~Comprehensive Income


Also, as a result of a currency translation adjustment gain, our comprehensive income was $4,093,496 for the nine months ended March 31, 2011, compared with $3,371,714 for the nine months ended March 31, 2010, an increase of 21.41%. The difference between Net Income and Comprehensive Income is due to the significant currency exchange fluctuation.

Liquidity and Capital Resources


We have historically funded our working capital needs from operations, advance payments from customers, bank borrowings, and capital from shareholders. Presently, our principal sources of liquidity were generated from our operations and through bank loans. Our working capital requirements are influenced by the level of our operations, the numerical and dollar volume of our sales contracts, the progress of our contract execution and the timing of accounts receivable collections.

Based on our current operating plan, we believe that our existing resources, including cash generated from operations as well as the bank loans, will be sufficient to meet our working capital requirement for our current operations. In order to fully implement our business plan and continue our growth, however, we will require additional capital either from our shareholders or from outside sources.

As of March 31, 2011, cash and cash equivalents were $ 1,591,672, a decrease of $80,345 from $ 1,672,017 as of June 30, 2010.


Cash Flow from Operating Activities


Net cash provided by operating activities was $3,813,778 for the nine months ended March 31, 2011, compared with net cash provided by operating activities of $2,421,762 for the nine months ended March 31, 2010. The major components of cash provided in operations were related to the increased net income, accounts payable and taxes payable, and a decrease in advance to suppliers, offset by an increase in accounts receivable, and an increase in other current assets


Cash Used in Investing Activities


For the nine months ended March 31, 2011, our net cash used in investing activities was $5,602,690 as compared to net cash used in investing activities of $5,164,370 for the nine months ended March 31, 2010. Net cash used in investing activities was mainly attributable to the acquisition of billboards use rights and the acquisition of property and equipment.


Cash Provided by Financing Activities


For the nine months ended March 31, 2011, net cash provided by financing activities was $1,658,295 as compared to cash provided by financing of $4,527,709 for the same period ended March 31, 2010. The decrease was mainly attributable to the net proceeds from the private placement of common stock taken place in December 2009.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939595

m1999

[ALERTS100%to10000%GAIN]

CMDI~~~During the nine months ended March 31, 2011, we had revenues of $14,571,264, as compared to $11,315,601 during the nine months ended March 31, 2010, an increase of approximately $3,255,663, or 28.77% due to our increased and expanded sales to the existing and new customers in the nine month period.


Our advertising network has been expanded quickly.

We obtained more desirable locations in Dalian, Shenyang and Shanghai for advertisements, created new media platforms and continued our efforts to expand our client base in all subsidiaries.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939595

m1999

[ALERTS100%to10000%GAIN]

CMDI~~~Gross Profit

Our gross profit for the three months ended March 31, 2011 grew by $473,961 or 18.3% to $3,060,156 from $2,586,195 for the same period in 2010.

The increase in gross profit was in line with our growth in revenue as we acquired more advertising contracts during the three months ended by March 31, 2011.

Our gross margin during the three months ended March 31, 2011 and 2010 were 56.6% and 62.8%, respectively.

The decrease is mainly due to the increase in depreciation expense and the billboard construction cost in our Shenyang subsidiary.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939595

m1999

[ALERTS100%to10000%GAIN]

CMDI~~~Sales revenue

During the three months ended March 31, 2011, we had revenues of $ 5,402,726 as compared to revenues of $4,117,441 during the three months ended March 31, 2010, an increase of $1,285,285, or 31.2%.

Revenue growth was driven by the demand for our outdoor advertising platforms as the Company continues to expand its advertising network in Dalian, Shenyang, Tianjin and Shanghai.

Geographically, for the three months ended March 31, 2011, sales in Dalian, Shenyang, Tianjin and Shanghai district accounted for 92.2% , 2.1%, 1.0% and 4.7% of total sales, compared with 93.8%, 6.2%, 0%, and 0% same period in 2010.

Revenue was increased in Dalian, Tianjin and Shanghai district, and partially offset by the decrease in sales through the Street Fixture and Display Network in Shenyang. This decrease was due to the Company’s focus on sales through billboard platforms in Shenyang city.


Having recognized that the billboard platforms have significant growth potential and attractive profit margin, we will continue to focus our resources on the billboard segment going forward in cities outside of Dalian, in which we are headquartered.

Cost of revenues .

Our cost of revenues for the three months ended March 31, 2011 increased by $811,324 to $2,342,570,representing an increase of 52.98%.

The increase mainly resulted from the increased sales during the period.

Cost of revenue as a percentage of sales revenue for the three months ended March 31, 2011 and 2010 were 43.4% and 37.2%, respectively.

The increase was largely due to the price increase in raw material and the increase of depreciation expense as the Company added new fixed assets.


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7939595

m1999

[Cobra Kai]

I spoke to new Investor relations firm in place and they sound like they are excited & seem to have a game plan in place to create more awareness & transparency- there goal from my conversation was to build volume in this stock thru more news updates, possible promotions, road shows etc.. this could take a little while but I think this stock trades at a huge discount in my opinion 45-50 cents with roughly 18-22 cents earnings annually= Very cheap in my opinion GLTA

[Cobra Kai]

Im loading up at this level- stock trading around 50- cents- and has around 15-20 cents earnings per share annually- a true steal at this price level "in my opinion". Conference coming up should help with this stocks awareness & liquidity that its currently lacking.

[redchipir]

CMDI RedChip Research Update out 6/22. Click on the RedChip Research tab on the left hand side of the page.

CMDI Research Update

[jamesbkr001]

New CMDI report out - worth a look. The Green Baron and Red Chip are both on this one:

http://www.thegreenbaron.com/Stock%20Alerts/03-30-10%20Stock%20Alert%20CMDI.htm

[tomcatgreenman0]

China New Media Research out from Red Chip.

[bbarry]

This morning's SEC filing contains slides for the CMDI presentation this week at the Rodman & Renshaw Conf. That conference plus recent PRs may generate some buying this week.

[Leafs007]

RedChip Video Conference. I hate to say it but I am not impressed by its recent display on the conference...it was quite awful....in the future, I recommend brush up on its presentation skills.

[tomcatgreenman0]

the super 8 k is not an accurate count, wait till the new financials come out. You will change your mind, i promise you!

[RyanW439]

Yes, but there valuation was much much better than CMDI. CMDI is not a cheap stock by any sense of the word. I'd like to see where you value the stock, so I can get a sense of what I'm missing, and where you are seeing value... Can you give me the run down on your numbers or expected numbers? Share count, earnings estimate, P/E ratio target, etc..

[tomcatgreenman0]

oops that was supposed to be LPIH, sorry,

[tomcatgreenman0]

its just getting started, financials are coming out soon, research will follow, the spread will tighten and the volume will start to flow in. You have seen the stock early, very early.

Next month after financials have been out for a few weeks, after Red Chip Research comes out, you will see a different stock entirely.

I watched the same exact thing happen with 4 other stocks, LLEN, CEU LPIN and WEMU

When RC first said they initated coverage, nothing was happening, a few weeks later after their Research Report, things happened and happened really big. LLEN up 1000%, LPIH up 1000% CEU up 300% and WEMU up 100%

If i have to go by their track record, same type of thing will happen in CMDI.

[RyanW439]

My guess is that some poor sap placed a market order for 500 shares. Nice volume today huh? Hope you didn't stay in this stock and ride it back down... I tried to let you guys know that is wasn't work $3.00/share... 27.5M shares...worth $2.00 tops.. Just a matter of time before dilution comes into play..

[Leafs007]

What's wrong today???? Why is the stock up?? I'm so use to it going down and floundering around like a pig in mud and poo....

[RyanW439]

Do you guys realize the P/E this is trading at is around 26? I made the mistake buying into CMDI thinking that the share count was 10.86M after checking google finance and Red Chip's website. It's actually 27.5M per the 8-K on 12/09/09. Just want to make sure you guys noticed that, as when I bought in, I didn't realize there were so many shares outstanding..

[tomcatgreenman0]

From what I see so far?? YES and I am a shareholder already,

[Leafs007]

What do you think about this company? Is it promising as it seems?

[tomcatgreenman0]

goto www.redchip.com and download the power point or call them and ask for the guy I talk to, Todd at x 111, 1 800 Red Chip

He can get you all the info you need,

[Leafs007]

Any more info???

Does anyone know / have more info about the company?? Looks promising from the outside but pretty silent on the inside.

TIA

[Leafs007]

I suppose $5 is not that easy...there has been slight pull back the last couple of days. I suppose some are taking early profits.

[tomcatgreenman0]

$5 is going to be easy, in my opinion!

[rlwinvestor]

It looks like the MMs are struggling for shares. Sellers are no where to be found right now.

[tomcatgreenman0]

this should be an easy move to $5.

[tomcatgreenman0]

This stock is crazy, did you see that print up at 3.99?

[rlwinvestor]

Here's a nice CMDI article below.

http://theperfectstock.blogspot.com

[tomcatgreenman0]

CMDI

Is anyone looking into this stock at all? It is a REDCHIP stock!!



China has become the second largest outdoor advertising market in the world, according to research by the Outdoor Advertising Association of America. China's overall advertising spending has kept double-digit annual growth in the last decade rising from $6.5 billion (RMB 53.8 billion) in 1998 to $20.32 billion (RMB 138.79 billion) in 2008, according to ZenithOptimedia.

About China New Media Corp.

Founded in September 2000, China New Media is headquartered in Dalian, the commercial center of Northeastern China. The company owns and operates the region's largest outdoor media network encompassing over 600 bus shelters furnished with billboards and displays; 130 taxi stops with displays; and 13 large-size billboards, including 3 large-size LED displays at major traffic conjunctions. The company also furnishes more than 400 buses with advertising posters and 28 metro-trains throughout Dalian Metro Lines.

[tomcatgreenman0]

OK so now we have a Sign Company here, which is the fastest growing sector of media in China,

This stock should soar.

[odiaz28]

yes i just found out its mybaby..or something like that...

[eztrade]

Isn't this MVBY now?