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FTMM.PK Recently Began Acquisition of Skee.TV
Fortune Market Media, Inc. (FTMM.PK), a diversified media company providing a number of financial, consumer, and investor related communication service solutions, recently announced that it began the full acquisition of Skee.TV. Skee.TV was established in February 2007, and is the first daily urban lifestyle show available free of charge to consumers either online or via most mobile phone providers. Skee.TV allows viewers to watch behind-the-scenes coverage of events, locations, sets, and sound and motion-picture studio setups. The program features world premier music videos, new product showcases, and celebrity interviews from around the world.
Skee.TV has worked with artists from Snoop Doog to Rick Thorne, and produces a daily web-isode. Since its launch early last year, Skee.TV has had over 10 million views. The site centers around DJ Skee, who joined Fortune Market in April as Senior Executive of New Media. DJ Skee, also known as Scott Keeney, is in charge of implementing Fortune’s newest Internet media platform scheduled to launch the second quarter of 2008. Skee.TV has been selected to be the flagship show of the new platform.
Ryan Tomlin, Executive Vice President of Fortune, stated, “We are very excited to have Skee.TV in our media arsenal and I plan on giving a lot of energy and effort in putting Skee.TV at the forefront of our properties. This addition gives us access to today’s most exciting demographic (18-25). This group stays current on new content and new ways of receiving that content. They are the future and we will be catering to them.”
Fortune Market Media will provide Skee TV with financial and organizational support to build and develop its brand and audience. Terms and conditions of the acquisition have been completed, and an announcement is pending once the acquisition is fully executed.
FTMM.PK is “One to Watch”
Fortune Market Media (FTMM.PK) is a diversified media and communications company that leads in the creation of content-based programs for radio, interactive media, TV, web-based mobile applications, print and publication. Fortune Market creates awareness among investors, consumers and potential partners through its multi-channel streams of media. These streams include radio, print, television, music recording label, mobile devices and now the Internet.
Four of the top ten future trends are Mobile Web, the Attention Economy, Online Video/Internet TV and International Web, according to Richard MacManus of Read Write Web. Fortune is implementing each one of these emerging trends into their properties and partnerships in a prevailing way to reach the consumer while delivering value to clients.
Fortune has begun to build an Internet television network that will become a leading provider of premium lifestyle entertainment, exclusive content and the digital voice and information source for today’s 15 to 25 year-old pop culture generation. This new development will be the first-ever daily urban lifestyle show available for free direct-to-mobile, regardless of the user’s service provider.
The list of partners and clients that Fortune works with includes Samsung Electronics, Net 1 Technologies, Cheap Tickets, TEAC America Incorporated, and InSync Media, which are just a few of the partnerships that Fortune Media has already established. Some of the other multimedia functions available through the company’s website are blogs, forums and chatrooms as well as Fortune Market TV, Fortune Market Radio and a subscription newsletter.
FTMM 25 by 28 today. stock looks like it's making a move!
yes it was restricted online i decided not to hop in here.
Galina Vaynter is behind this deal. Do a websearch on her and on BZcom, her other company. There is nothing but total disaster in her wake.
Galina Vaynter is behind this deal. Do a websearch on her and on BZcom, her other company. There is nothing but total disaster in her wake.
another good day of volume. i am definatly interested to see what it closes at:D
FTMM DD + links
DD From recent news.
Established February 2007 and centered around world famous DJ Skee, Skee.TV has garnered over 10 million views in its beta.
IMO If in the beta stage of Skee.TV it garnered over 10m views i would believe now a year later i would think the stats have more then doubled. Giving The company alot more exposure which should attract new investors. And people will start to realize how much potential is here.
Overview
Fortune Market is a diversified media and communications company that services public and private companies. Our services are designed to help you grow your business. We are the leader in providing businesses with a variety of financial, consumer, and investor related communications services. FM campaigns are designed to attract and keep the attention of investors, consumers, and potential partners on your brand through our multi-channel streams of media.
Recent News
Fortune Market Media to Acquire Skee.TV
http://biz.yahoo.com/iw/080421/0388606.html
Fortune Market Media Adds Media Heavy Weight to Management Team
http://biz.yahoo.com/iw/080404/0383723.html
Fortune Market Strikes Content Partnership Deal With Long Time Howard Stern Producer Gary Garver
http://biz.yahoo.com/iw/080401/0382292.html
Chart:
Going to do some reading after the close... will post
I picked some up today the volume looks great and the chart looks to be at bottom.
Indeed, looks like it could move up any time.
Fortune Market Media to Acquire Skee.TV
A First of Its Kind Urban Internet Lifestyle Show
Apr 21, 2008 9:15:00 AM
View Additional Profiles
LOS ANGELES, CA -- (MARKET WIRE) -- 04/21/08 -- Fortune Market Media, Inc. (PINKSHEETS: FTMM), a diversified media company, has begun the acquisition of Skee.TV, the first ever daily urban lifestyle show available via most mobile phone providers and free to anyone online.
Established February 2007 and centered around world famous DJ Skee, Skee.TV has garnered over 10 million views in its beta. Skee.TV takes viewers to the hottest events, behind the scenes at exclusive locations, inside the studio, on set, and everywhere anything exciting happens. Skee.TV features celebrity interviews and features, new product showcases, world premier music videos, and much more from across the world. Since its launch, Skee.TV has created a daily web-isode and worked with top names from Snoop Dogg to Rick Thorne, launching exclusive music video premiers to Rock'n the Vote.
DJ Skee, also known as Scott Keeney, joined Fortune Market earlier this month as Sr. Executive of New Media and in charge of heading up Fortune's newest internet media project that will launch quarter two of 08. Skee.TV is pegged to be the flagship show of the new internet platform.
"We are very excited to have Skee.TV in our media arsenal and I plan on giving a lot of energy and effort in putting Skee.TV at the forefront of our properties. This addition gives us access to today's most exciting demographic (18-25). This group stays current on new content and new ways of receiving that content. They are the future and we will be catering to them," says Ryan Tomlinson Fortune's EVP.
The acquisition will be 100% and the final terms have been negotiated and agreed upon. Fortune Market's team will execute and provide Skee.TV with funding and structure to continue to build and develop the brand and its reach.
looked good this morning and looks like its going to pick up some more. huge news this morning.
opened strong. good volume, i'm good for a few before lunch.
getting more and more bid support as the day goes on. i think it's positioned to move. count me in after lunch!
Everything is looking good on this one. I think it is going to move. I like the look of it. Lots of bid support.
Just got a tip about this stock. Don't know anything about it, but hear it's going up soon. Guess I'll find out soon.
Why FTMM share price plunges from $ 5/share to $ 0.1/share in such a short time? is it time to buy some more shares at this stage?
What had happened to FTMM? Shar eprice dropped from $ 5 to $ 0.2 in 3 months' time! I have comletely wipe out my investment. Is it good time to buy more FTMM share??
What has happened to FTMM? share price has dropped from $ 5 per share to $ 0.2 in few months' time!Is it good time to buy more FTMM share??
why the share price plunges to new low at $ 0.2 per share. It has free fallen from $5 to this level without stoppage. Do you suggest it is good time to buy this shares at this price now?
FTMM seems to do something great in radio and magazine LA direct. Said to have 5 million subscribers online. Is the business growing?
You said it would rebound given some time. When this stock has a reverse split, its price jump from $ 0.01 under symbol MPCPF to $5 under FTMM, which then dip back to $ 0.4-0.5 level for these days. Would it bounced back to $5 ? At surrent price $ 0.5, I should buy some to even out my previous loss. Would this be a good strategy? It seems pinksheets stock may not have any substance or business at the back.
that must of been a while back?
yes, this firm approached me to buy my MPCPF share(before its name changed to FTMM).
Agreed... pinks and the stock market in general are forms of gambling... let's be honest!!
Have not... does it relate to this stock?
Hey I found some info that could relate to MT and Pedro but I'm banned over there, can you PM me your email.
Do a search on Galina Vaynter. Then you will know why you got crushed.
This is Galina Vaynter's deal. Beware. Her deals are disasters. I see this one has crashed too.
Stock market is a game field, whether NYSE, NASDAQ, OTCBB, or Pinksheet. You just have to be careful and set limit on how much you invest in each company, although it is hard to do sometimes.
For instance, I lost more than $5,000 in Cemtrex (CTEI) because Aron Govil (the president) put forward such a believable image of himself. Since then, I have been treading very carefully.
FTMM is now trading at $1.1, I have lost 5,000 times as the reverse slpit has made me lost 1,000 times and price drop from $ 5 to $ 1 made me lost another 5 times. What a shit!
Just listening to Cavuto alone deflate my interest in the company. He introduced the company nonchalantly, and the company rep themselves didn't know how to explain what they are about.
Good luck.
FTMM is now trading at 2.5, dropped more than 50%in 2 days!what a shit!
You need to talk to your broker. I received my long time ago and sold it.
Looking at the company's interview with Cavuto, and its financial release, FTMM is not that enticing to me.
Would that be probability that the current entertainment business as described by FTMM do not exist as well? I still held some shares of MPCPF not having converted to FTMM.
If extra care is taking, one can make some money. For instance, I bought SPGNA @ $0.005, INIS @ $0.03, and TRTI @ $0.02 without spending more than $300 on each of them. On the other hand I spent more than $5,000 on CTEI and lost it. All of them are pinks.
I sold all my holdings in FTMM for $500 and my cost is $120.
what protection to investor in pinksheet market then? All are fake? No way we can earn profit in investing in pinksheet. better to quit rom pink land, right?
Probabily not exist in the first place. This is a pink land.
does this mean that the drug addict testing business of Medcap had been sold or subspended?
Probabily the company became a shell, and it was acquired by Fortune Market.
Do you know why Medcap had changed its business from drug addict testing business to entertainment business? What had happened to drug addict testing business?
Good luck to you!
no, just putting some posts in on this board, taking a look, haven't gone in depth yet, wondering if down the road some cash could be made here. No, didn't expect much of a response from those posts, just getting some posts on, thanks.
What are you trying to say?!!?!
There was a reverse split...1000 to 1...no the price didn't go up a thousand times, so people didn't come out ahead.
If you want people to respond, you need to be able to type a complete sentence...lol!!!!!!!!
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