SureTrader Nadex Advertisement SureTrader
Home > Boards > US OTC > Media - Television Services >

Idle Media, Inc. (IDLM)

IDLM RSS Feed
Add IDLM Price Alert      Hide Sticky   Hide Intro
Moderator: wadirum1, the submariner, MIKEY501
Search This Board: 
Last Post: 4/23/2017 3:30:09 PM - Followers: 148 - Board type: Free - Posts Today: 0



IDLM - Idle Media, Inc. -- Idle Media, Inc. is a social media technology company that delivers cutting-edge content and online gaming through its wholly-owned operating companies, including Dat Piff, Hip Hop Early, Prison Block, Backyard Buddies, and others.  Idle Media went public via a reverse merger into National Golf Emporium (NGLF) on Feb 24th, 2010.  Idle Media, LLC was formed on September 29th, 2008 operating the Dat Piff website.  

 

Share Structure


IDLM currently has this existing share structure as of August 15, 2013:

 

Authorized Shares:          100,000,000
Outstanding Shares:         60,746,743
Restricted Shares:            47,213,493
Public Float:                       13,533,250

 

T/A CONTACT:

Globex Transfer, LLC
780 Deltona Blvd., Suite 202, Deltona, FL 32725
386-206-1133
 

 

 

 

 


Market Value of Float:     $3,917,475 @ $0.30 per share
                                             $5,223,300 @ $0.40 per share
                                             $6,529,125 @ $0.50 per share


HIGHLIGHTS:

 

 1.52M  Facebook Fans!   Datpiff Facebook Page

             462K Facebook Fans!    Hip Hop Early Facebook Page

            

         IDLM selling at a 95 percent discount to Zynga based on P/E or web traffic valuations!
 

ZERO debt!

ZERO warrants!

ZERO preferreds!
IDLM Executives own 46M restricted common shares - huge incentive to increase stock price!
Company repurchased 4M common shares from a previous owner
CEO Options to purchase over the next three years at $0.50, $1.00, and $2.00 (shows where the stock is going)
COO/CFO restricted common shares become saleable over the next three years only if performance metrics are met

Impressive revenue growth, margins, and cash balance!

            Exclusive releases by major Artists: Lil Wayne, Whiz Kalifa, Young Jeezy, Mac Miller, Fabolous, Tyga,
                    Gucci Mane, Meek Mill, Jadakiss, Rick Ross, Drake, Curren$y, and   50 Cent !


 

 

Key Links: Messageboards & Forums

 

Daily Chart:

Weekly Chart:



Research Report - Speculative Buy Rating - Price Target $1.83
$1.83 Valuation per Equity Research Report conducted by Westport Strategic Partners (Download Report)


SEC Filings

Filings are listed with most recent at the bottom:

Filing Type Link
Form 8-K - Notification of form 15-15D FORM 8-K
Form 15-15D - De-Registration with SEC FORM 15-15D
Form 10 - Registration with SEC http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8741734
Form 10Q - Q3 Ending 6/30/2012 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8780281
   
   
   
   

 


Press Releases

PLEASE NOTE :: Idle Media is not going to release press releases until their registration is approved by the SEC, anticipated no later than 60 days after the posting of the Form 10-12G. (Around August 13th) 

 



Business Model

Idle Media earns revenue through four different means, (1) 3rd Party Advertising, (2) Paid Subscriptions, (3) Advertising Sponsorships, and (4) Purchases of Premium Deliverable Content in our Online Games.  


  
Dat Piff  - www.datpiff.com

Dat Piff is the flagship website of the company and primary source of revenue, utilizing banner, video, and pop-up advertising.  Idle Media has entertained sponsorships from many national retailers including a full page background animated ad by NIKE.  Dat Piff is also has an established mobile phone app available on iPhone, Android, Palm webOS, Blackberry, and Windows Phone, with over 400,000 downloads (Android Stats, Palm Stats).  Dat Piff is very often referred to in press releases for different artists as the main source to find their new mix-tape.  (Example)  At the end of 2010, Dat Piff partnered with Vibe Magazine to release their list of top mix-tapes of 2010 (datpiff link, vibe link).  The top mixtape had over 400,000 listens on the Dat Piff website. (screenshot).  In 2011, the most popular mix-tape release so far is Mac Miller's "The Best Day Ever".  This mix-tape generated enough buzz to crash the website during the countdown to release.  There were 350,000 views, 120,000 streams, and 80,000 downloads in the first 24 hours.  (screenshot)  They also featured advertising in 2011 from sources such as VH1(screenshot) and the Movie Big Mommas (screenshot).  Here are some other sponsored mixtapes for 2011 (RedCafe, True Diamonds, Translee, Goons United, )

 




Hip Hop Early
- www.hiphopearly.com
Hip Hop Early was acquired for $25,000 in August of 2010.  "Adding HipHopEarly.com to our portfolio allows us to touch the music the fans of Dat Piff love in a much different way," stated Mr. Marcus Frasier, Idle Media, Inc.'s President and CEO. "This acquisition is just another step in our strategy to continually expand our on-line presence in both the social gaming and hip hop niches. We've taken an established site with respectable user traffic, breathed new life into it and immediately integrated it into our business without incurring any additional expense. The revenue from these types of acquisitions basically flows straight through to the bottom line."  Like Dat Piff, Hip Hop Early has begun to release mobile apps, initially releasing an Android OS app.  (Screenshots)




Clip Cartel - www.clipcartel.com
Clip Cartel was created by Idle Media from the ground up and was released in February 2012.  The site features a wide selection of video clips from major recording artist music videos, interviews, and viral internet videos.  The site is also featured on datpiff.com under the videos section, where it shows "powered by clipcartel".  Mobile apps are in development for the site, per a facebook post in February.  




Prison Block
- www.prisonblock.com
Prison Block was acquired in July 2010 for $40,000.  Prison Block was an established MMORPG (Massive Multiplayer Online Role Playing Game) that had 50k users.  Since acquiring, they have cleaned out inactive users a few times and as of January 7th 2011, there are over 72,000 users.  In Prison Block, the online gamer is playing the 'role' of an inmate. The inmate has to survive and thrive in the prison by joining or creating a gang and otherwise maneuvering to stay alive. "Most companies in this space drive revenues by allowing for the purchase of premium items. In Prison Block for example you can buy 'respect' or 'favors' from the warden, which can then be exchanged for items within the game, like a flat screen television for your cell," added Mr. Frasier.





Mafia Block - www.mafiablock.com
 
Mafia Block was acquired at some point in 2010 or 2011 (originally Island Mafia) and was recently re-released in May 2012 after a complete overhaul.  Since that release, new flash "mini-games" have been added to the site (blackjack, slots, and high-low) where mafia players can gamble with their in-game cash.  Users have the ability to purchase "VIP" status which earns them advantages to enhance their gameplay.  A one-month VIP pack is $8.  Users can also purchase "Diamonds" that they can use to train their character to better compete with other players.




Down On The Farm - http://www.idlemedia.com/apps/onthefarm/

 Down on the Farm is Idle Media's first attempt at educational apps for children, released on April 5th, 2012.    





MONSTER DOCTOR

Monster Doctor is an educational app for kids!

Your child will have fun learning during their internship with Frank M.D. (Monster Doctor). While treating a variety of monstrous ailments they'll learn Color and Shape Matching, Counting and more. What's most important, is that they'll have fun doing it!

 


Backyard Buddies - www.backyardbuddies.com
Backyard Buddies was acquired in August 2010 for the express purpose of attaining the source code for programming Facebook social media games.  Backyard Buddies is a casual game where you take care of your virtual "backyard" and the animals in it. You buy food to lure animals to your yard. Once there, you feed them and play with them to keep them happy. You also clean and decorate your yard to keep the animals content. The happier an animal is, the more "goodies" it brings. Goodies can be sold for gold to buy more food, decorations, scenery etc. You can also clean your friends' yards and feed their animals as well.  Once acquired, the IDLM team took on redesigning the UI (user interface) for the game and some of the basic game features.  What followed was a much cleaner version of the game that was faster, better graphics, and more user-friendly.  They applied several small updates after the initial re-release in October 2010.  In January 2011,  they released a major revision update, including 27 in-game "achievements" that allow users to "share" their accomplishments to their Facebook wall.  This allows their friends to see the accomplish and provides a link for their friends to add the game.  This should foster viral growth of the game.  (Initial Release Screenshots, Update/New Animals, Major Revision Screenshots)  Idle Media began some early Facebook advertisements in December as a test, then rolled out more advertising in January.  (Screenshot of Ad


Backyard Buddies was re-released again after a major overhaul in June of 2012 with many game enhancements.









Other Acquisitions
ChixRUs was acquired for $4,000.  TweetVibe was acquired for $1,000.  

Each of Idle Media's acquisitions were made with CASH. The company has NOT diluted any stock since inception, demonstrated by no changes in the share structure.

----------

This success has been accomplished with relatively minimal paid advertising, instead relying on word of mouth growth and internal advertising on their own sites.  Marcus Frasier said, "I commented in an earlier press release that as long as we met our benchmarks, that consistent, monthly growth should lead to substantial annualized gains in traffic. This is in fact what has happened. Our growth in traffic over the past twelve months has been manageable, which has allowed us to focus our efforts on maximizing revenues and profitability."  Mr. Frasier also added, "We realize that we have to continue to innovate and grow our portfolio of sites, as well as exploit opportunities that we have to increase revenues through continued growth in advertising. As I have stated previously, when we begin to implement our paid advertising campaigns and more aggressive outreach to attract additional customers, we expect that both traffic and revenues will increase significantly."


IDLM Portfolio Summary

SITE NAME SITE DESCRIPTION HOMEPAGE FACEBOOK

Datpiff

  Industry leading free Hip Hop mix-tape sharing and downloading website Dat Piff facebook
Hiphopearly   Hip Hop / Rap / R&B music singles listening site Hiphopearly facebook
Prison Block   Browser Based social media prison game with 100k+ users Prisonblock facebook
Backyard Buddies   Facebook Game purchased for FB source code, 30k+ users BYB facebook
ChixRus   Gaming site for girls ChixRUs facebook
Pre Themer   Customized backgrounds and themes for Palm Pre phone Pre Themer twitter
Tweet Vibe   Customized themes / backgrounds for your twitter page TweetVibe twitter


 



Financials

On March 30th, IDLM released an 8-k filing (LINK TO FILING) stating that revenues were understated by $213,000 in FY 2009 and $255,000 in FY 2010.  Full financial restatements are expected to be released before the end of April, 2011.  Until that point, all financial information listed in the tables below cannot be relied upon.

 

Fiscal Calendar

The company is deliquent on their filings, and investors are awaiting a restatement of numbers from 2009-present.


Annual Financial Summary

  FY2009 10K FY2010 10K
Net Revenue $624,964 $1,425,523
Net Income $223,805 $746,523

*These values to not reflect the forecasted adjustments from the 8k released 3/30/2011

 

 



Website Statistics

Annual Website Statistics

 

12 Months Ended December 31 2009

12 Months Ended December 31 2010

Rate of Increase

Unique Visitors

20,403,802

36,494,595

55%

Visits

79,557,453

128,004,197

62%

Page Views

571,397,864

934,229,832

61%

PV / Visit

7.18

7.29

 



Quarterly Website Statistics

 

Q3FY09

Q4FY09

Q1FY10

Q2FY10

Q3FY10

Q4FY10

Q1FY11

Unique Visitors

5,053,551

Not

Not

Not

8,132,488

1/13/2011

2/15/2011

Visits

18,705,424

Provided

Provided

Provided

26,690,104

   

Page Views

125,984,906

In

In

In

214,375,591

   

Page Views / Visit

6.74

Filings

Filings

Filings

8.03

   


 



Share Structure History

This chart details the changes in the share structure, as tracked through the filings provided to the SEC by both NGLF and IDLM.  

Reference Points

O/S

R/S

Float

NGLF

5,542,750

5,542,750

0

May 2009

5,542,750

4,975,000

567,750

Before 9/09

3,542,750

2,975,000

567,750

Post 9/09 (23:1 FS)

81,483,250

68,425,000

13,058,250

Merger Effect

-23,000,000

-23,000,000

No Change

Post-Merger SS

58,483,250

45,425,000

13,058,250


 

 



IDLM is very undervalued compared to other highly rated websites, one of which recently went public was Zillow.com (Z) and has a $1 billion market cap.




 


 

 


Daily Chart




Weekly Chart




Hourly (60min) Chart





Chart thanks to "$-LL-$"



Compiled January 9th, 2011 by Hokiefan95.  Financial data compiled by Wadi Rum.
Rev: 1/12/11 - Updated charts, verified share structure with T/A and adjusted "as-of" date.



Disclaimer:  Information, opinions or ratings contained in the reports are submitted solely for information purposes. The information used and statements of fact made have been obtained from sources considered reliable but neither guarantee nor representation is made as to the completeness or accuracy. The document author accepts no liability whatsoever for any direct or consequential loss or damage arising from any use of this report or its content. Such information and the opinions expressed are subject to change without notice. This report or study is not intended as an offering or a solicitation of an offer to buy or sell the securities mentioned or discussed.  Investors should conduct their own due diligence before investing in any companies covered. No compensation was provided to the authors for this document.  The authors own shares of IDLM.

 
 
 

 

 

 

 

 

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
IDLM
Current Price
Volume:
Bid Ask Day's Range
SureTrader
PostSubject
#22382  Sticky Note IDLM management already got busted by the SEC MIKEY501 02/01/17 03:23:37 PM
#22340  Sticky Note FLOAT ONLY 13M, WITH NO INSIDER DUMPING!!!! wadirum1 01/27/17 04:01:53 PM
#22506   We have nothing now unless you think selling stockmule 04/23/17 03:30:08 PM
#22505   Like I said, Frazier is an incompetent raggystrongman 04/22/17 01:03:18 PM
#22504   Yes stock,It was...and pay pal payments went to the submariner 04/22/17 04:02:35 AM
#22503   Wasn't prisonblock always part of idlm? If not stockmule 04/21/17 07:39:52 PM
#22502   lol...see what raising the bid .00th will do.maybe the submariner 04/21/17 11:01:40 AM
#22501   Hold up on the paddles, the patient has stockmule 04/20/17 09:53:33 AM
#22500   All the problems here are directly related to raggystrongman 04/18/17 01:27:16 AM
#22499   Don't forget your donation cup or maybe bucket stockmule 04/13/17 06:47:03 PM
#22498   That was intended to be a joke?!? wadirum1 04/13/17 09:31:15 AM
#22497   Oh come on it was a little bit stockmule 04/13/17 09:02:05 AM
#22496   Another day, another week, another month goes by stockmule 04/06/17 10:30:48 AM
#22495   Thanks for all the input/dd Niko....always helps...looks like the submariner 04/02/17 06:25:28 AM
#22494   Meant to add: Nikodemos 04/01/17 07:35:42 PM
#22493   Not invested here but thought I'd lend a Nikodemos 04/01/17 07:12:33 PM
#22492   Right into Marcus pocket. Hes doing the same MIKEY501 03/31/17 05:40:10 PM
#22491   Please read..and read carefully..and discuss..and what's the difference the submariner 03/31/17 05:31:35 PM
#22490   Can't say I blame you. I sold mine Whiplash_Investor 03/22/17 10:42:49 AM
#22489   Was just me...sold some at the open to the submariner 03/22/17 10:35:06 AM
#22488   20,000 at .$02. Somebody tired of waiting. Whiplash_Investor 03/22/17 09:49:09 AM
#22487   Just in case, this is why I'd like Grande Drip 03/16/17 12:36:37 AM
#22486   Let me play the other side. So I stockmule 03/15/17 07:06:12 PM
#22485   I'm good with this direction too, and it Grande Drip 03/15/17 12:32:53 PM
#22484   I'm an attorney, but I do not specialize downthehatch 03/15/17 11:26:55 AM
#22483   Not sure which way to proceed as we stockmule 03/15/17 09:29:04 AM
#22482   One would have zero control over the direction wadirum1 03/15/17 07:56:47 AM
#22481   I completely agree you and Wadi. I Grande Drip 03/14/17 09:34:32 PM
#22480   dtberts2002@yahoo.com berta 03/14/17 09:04:57 PM
#22479   Glad you agree. I think the proper path stockmule 03/14/17 06:56:41 PM
#22478   I agree 100%. My position is that wadirum1 03/14/17 06:51:14 PM
#22477   I believe you need to be careful how stockmule 03/14/17 06:41:46 PM
#22476   Wadi, got your email address, thanks- I'll send Grande Drip 03/14/17 05:01:32 PM
#22475   Wadi, I've been thinking about this the past couple Grande Drip 03/14/17 02:22:54 PM
#22474   Wadi, Thanks for sharing, pretty interesting read. Just further Grande Drip 03/13/17 01:07:32 AM
#22473   Mikey, If you have an open line with him, Grande Drip 03/13/17 12:22:18 AM
#22472   I ran across an article about Datpiff in wadirum1 03/12/17 08:28:38 PM
#22471   I WAS able to peak with Smallville berta 03/12/17 02:34:05 PM
#22470   Berta,thanks. Now that he has sold his Grande Drip 03/10/17 04:06:53 PM
#22469   Small had very specific reasons why he berta 03/10/17 02:07:23 PM
#22468   He said he has not talked to any MIKEY501 03/10/17 01:49:42 PM
#22467   I DO KNOW for a fact berta 03/10/17 01:48:08 PM
#22466   Interesting...In December he told me he hasnt talked MIKEY501 03/10/17 01:42:39 PM
#22465   I've got other things to do today, but wadirum1 03/10/17 01:40:44 PM
#22464   What? He has no issues with me. I MIKEY501 03/10/17 01:17:11 PM
#22463   No. If you two aren't getting along wadirum1 03/10/17 01:15:34 PM
#22462   Are you suggesting that he has changed since MIKEY501 03/10/17 01:13:48 PM
#22461   I think that if you were in contact wadirum1 03/10/17 01:11:11 PM
#22460   At the same time, I disagree with Mikey. MIKEY501 03/10/17 12:15:06 PM
#22459   I think it would be easy to build wadirum1 03/10/17 06:13:00 AM
#22458   Basically he's right. I don't know what the stockmule 03/09/17 04:18:34 PM
#22457   Sure 2k now but was it when purchased, stockmule 03/09/17 04:10:32 PM
PostSubject