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no problem. $CARN getting nice hits there!! tighter spread too! $0.0238 x $0.0239!!!!
thanks tomboyboy!!
$CARN - on watch. Accumulation line continues to go up, could be breaking out after testing the 20 SMA.
5/stocks added Zacks #1 Rank ("strong=buy") List today:
•AllianceBernstein Holding LP (AB)
•The Allstate Corp. (ALL)
•American Science & Engineering, Inc. (ASEI)
•AMN Healthcare Services, Inc. (AHS)
•ArQule, Inc. (ARQL)
http://ih.advfn.com/p.php?pid=nmona&article=54390677
I got in that one awhile back.... The new distribution deal looks promising.... I was hoping to flip it around a bit but it kind of got stuck.....
were you following Vincent's posts on $MDBX ? He said they are already ahead of yearly sales projections of 4 mil and the fed fight against MJ is not effecting business..... can't wait for those shares to hit the market..... I have a few hundred so far but I'm kind of waiting to see where the price goes before I try to dive in.....
Understood, it's going thru a "typical" penny phase lol ;)
Hence play it close to the trigger but don't be too quick if it really starts moving
$HBRM was in and out in the past. Have it on the radar still
does that have anything to do with ATYG...thanks!
$TGWI released it's latest 10-Q on September 21, 2012, for period ending June 30, 2012:
http://www.otcmarkets.com/financialReportViewer?symbol=TGWI&id=91176
ATYG...americanbulls.com had ATYG as aHOLD...after a 40% drop...unbelievable..
Golden Cross Super- Cross 100 day:
http://investorshub.advfn.com/The-Golden-Cross-&-Bags-of-10!-24957/
SRGE:http://stockcharts.com/h-sc/ui?s=SRGE&p=D&yr=0&mn=3&dy=0&id=p82901614527 09/21
AEZS: http://stockcharts.com/h-sc/ui?s=AEZS&p=D&b=5&g=0&id=p48252131791 09/21
LAMR:http://stockcharts.com/h-sc/ui?s=LAMR&p=D&b=5&g=0&id=p93454639413 09/21
YNDX: http://stockcharts.com/h-sc/ui?s=YNDX&p=D&b=5&g=0&id=p57595339939 09/21
DARA:http://stockcharts.com/h-sc/ui?s=DARA&p=D&b=5&g=0&id=p15263846769 09/25
ATYG..if it gets even NEAR .0008 ..im leaving it..
I'm liking PLFM....they got $70M NOL's that the merging company can use.....CEO is retired AF Colonel too.......still pretty low at .0018 .........z
Very nice....my distractions are still present so my trading is limited.
hoping for the best
Keepin an eye on it :)
Right now my focus is on $cmgo, $seek and $atyg
$atyg has had rumblings, play it close to the trigger
$cmgo Divy ex-date approaching
$seek claims fins are on the way next week along with OTC current
EMDF is due for something.............et z
i have known about fonar a longtime. ceo isn't very honest.
unless new ceo.
updating some...some chat for lyjn this wk.
HBRM News -
Herborium® Group, Inc. Announces Major Acceleration in Commercialization of Kamasutra Exotic Spirit With Herborium Natural H...
Date : 10/03/2012 @ 9:15AM
Source : PR Newswire
Stock : Herborium Group, Inc. (PC) (HBRM)
Quote : 0.0035 0.0003 (9.37%) @ 10:08AM
Herborium® Group, Inc. Announces Major Acceleration in Commercialization of Kamasutra Exotic Spirit With Herborium Natural H...
Herborium Group, Inc., (HBRM) www.herborium.com, a Botanical Therapeutics® Company, is very excited to announce today that due to the continuing growth of interest, Kamasutra™ exotic spirit containing Herborium's proprietary natural herbal formula will debut in New York City retail stores and upscale club venues in October this year.
This launch is five months earlier than originally planned. This development, together with the fact that Fedway (a major New Jersey liquor wholesaler) is commencing delivery of the product to the stores across New Jersey and that 1100 liquor retailers in New Jersey are on the target list, represents a significant acceleration in the distribution plans and represents a strong opportunity for Herborium to recognize increased revenues ahead of schedule.
Additional container of Kamasutra™ is expected to be ordered this year to meet this growing demand for the product.
Dr. Agnes P. Olszewski, Chairwoman and CEO of Herborium Group, Inc., stated: "The continuously rising interest in Kamasutra™ is an excellent indicator for 2013 growth of sales and market share for this unique product. We are looking forward to the future rollout of 'Lady Kama' in other States, and a strong sales and brand recognition."
Kamasutra™ "The Natural Spirit of Seduction" (www.kamasutraspirit.com) is the first-ever alcoholic beverage creation developed and endorsed by herbaceuticals science.
About Herborium Group, Inc.
Herborium Group, Inc., a Botanical Therapeutics® company, focuses on developing, licensing, and marketing proprietary, botanical based medicinal products to consumers and healthcare professionals. The Company uses clinical validation to establish and maintain a differential advantage. The company sells its products in the US and Europe. For more information, please visit www.herborium.com and www.acnease.com.
Seeking Alpha. A growth railroad stock is a rare thing, but we can find an apt example of such a stock in Kansas City Southern (KSU). Earnings visibility till 2015, large growth in revenues expected to come from the cross border intermodal network, a unique network in Mexico, good exposure to oil and gas shale regions, and no exposure to met coal, which has been witnessing a declining demand, gives investors several reasons to buy the stock.
http://seekingalpha.com/article/900671-5-reasons-to-buy-kansas-city-southern
Railroads Industry
Source: AAR
The table shows the WoW (week over week) comparison for the 38th week of the year. The table shows us that coal continues to spoil the carload figure. Grains, with low harvests, have also joined the league.
KSU's Growth Story
KSU is expected to make additional revenues of $470 million through 2015 via four new sources of revenue generation, which have been discussed below. This means a 23% boost compared with the 2012 base level.
Cross Border Intermodal Network
The company believes that the potential addressable market for cross border intermodal will be 2.6 million truckloads per year. This is a 58% rise from the current Southern states that KSU caters to. However, KSU currently owns only 1%-2% of the market. The rise in market share is expected after KSU invests in this segment. KSU's current investment in new intermodal terminals like the Victoria-Rosenburg line sends a positive signal to the market. Estimates show that KSU will be able to achieve 7.5% of the expanded market and additional revenues of $250 million by 2015.
Automotives
There are 10 automotive assembly plants in Mexico, nine of which are being served by KSU and Ferromex. KSU currently owns 40% of the total carloads served between KSU and Ferromex. Firstly, KSU has an order of 140 Automax cars In future. Automax railcar is the largest railcar for hauling motor vehicles. Ferromex owns only 50 such railcars. According to economies of scale, these 140 new railcars will help KSU transport automotives at lesser costs.
Also, new automotive production facilities are being opened or are expected to be opened in Mexico in the next 2-3 years. The opening of a Honda plant in Celaya, a Mazda plant in Salamanaca, a Nissan plant in Aguascalientes, and an Audi plant, will all help boost future carloads. Till 2015, auto production is expected to rise by 41% i.e. one million units in Mexico. Also, current plants are expected to extend their existing operational capacity, which will also lead to a rise in carloads for KSU. The rate of growth of production is expected to be 8% in 2012, 6% in 2013, 11% in 2014, and at least 15% in 2015. An overall additional $68 million is expected from automotives through 2015.
Steel Products
70%-75% of Mexico's steel production is transported through railcars. 2011 figures show that 18.1 million tons of steel was produced in Mexico. With the additional five new facilities, 3.5 million tons is expected to be added in the next 12 months. KSU is expecting 60% of the total steel being transported through railcars. Calculations show that this will bring incremental 16,300 carloads and incremental revenues of $16.3 million, given the current rate of $1,000 per carload of steel.
Crude Oil and Frac Sand
Bakken in North Dakota appears to be the greatest opportunity that KSU can avail since this region lacks a pipeline infrastructure. Also, KSU owns the land where it can benefit by connecting to nearby Gulf pipelines by building the Port Arthur Crude Terminal, in partnership with Savage. Also, demand for crude oil from Canada, which can be transported by KSU from Alberta oil sands, has also begun to rise.
As far as frac sand is concerned, the KSU network is well positioned to haul frac sand from the Midwest states through Kansas City down to shale regions such as Permian and Eagle Ford. Demand for frac sand is expected to rise by 15% per annum for the next couple of years, though it is largely tied to fracking activity in the shale regions already mentioned above. Estimates show that additional revenues of $32 million from crude oil and $35 million from frac sand transportation are expected through 2015.
Conclusion
KSU is an investor darling, given the lack of growth available across the transportation universe. However, bears believe that this has already been priced in the stock, as the stock trades at a sharp premium to the group. KSU's current P/E of 21x are above its five-year historical P/E of 19x.
However, one should not forget that there was a time when KSU traded at a P/E of 55x. Also, the downgrading by UBS has led to an almost 7% price decline to date. This, coupled with healthy margins and a good dividend yield, make the stock a buy.
The Bearish Thesis:
However, bears paint another story, which is as compelling as the bullish version. A slower-than-expected growth in Mexico's GDP, from where KSU generates 50% of its revenues, a large exposure to agricultural products, which are expected to be down due to low harvests, and the valuation multiples at which KSU is trading being higher than other rails (they could compress given the weak stats that carloads are showing this year), all make KSU a sell rather than a buy.
Seeking ALpha. Wall Street Breakfast: Must-Know News Get a daily email
October 3, 2012 by: Wall Street Breakfast | includes: AAIGF.PK, AAMRQ.PK, AAPL, APO, AUO, BBY, BP, CVX, DISH, DTEGY.PK, ING, KKR, LMT, NWS, PBR, PCS, PSO, QQQ, RDS.A, S, SPY, SVU, TWX, XOM
http://seekingalpha.com/article/901621-wall-street-breakfast-must-know-news
Top Stories
Fox, Turner agree to $6.8B MLB TV deal. News Corp's (NWS) Fox and Time Warner's (TWX) Turner networks have extended their contracts to televise Major League Baseball until 2021, with Bloomberg reporting that the broadcasters have agreed to pay a combined $6.8B. The contracts allow Fox and Turner to stream games live via the Internet to viewers who already subscribe to a pay TV service.
Family Dollar Stores hits Street forecasts as earnings rise. Family Dollar Stores (FDO) met analyst expectations as FQ4 adjusted EPS climbed 14% to $0.75 and revenues 10% to $2.36B. Customer traffic and the value of average customer transactions increased as well. Family Dollar Stores expects FY13 EPS of $4.10-$4.40, pretty much bang in line also.
Top Stock News
Schulze, P-E firms examine Best Buy books. Best Buy (BBY) founder Richard Schulze and at least four P-E firms, including Apollo Global (APO), are studying the struggling retailer's books ahead of a possible buyout offer worth up to $10.9B, including debt, Reuters reports. Schulze plans to join the firms together in a consortium and submit an offer, although they remain skeptical.
Petrobras in talks to sell $4B-$6B in Gulf assets. Petrobras (PBR) is in talks with three prospective buyers to sell them $4B-$6B worth of stakes in oil blocks in the Gulf of Mexico, with Brazilian media reports saying Shell (RDS.A), Exxon (XOM), Chevron (CVX) and BP (BP) are likely to be the most interested. The divestments are part of Petrobras' strategy of selling $14.5B worth of non-core assets.
AMR, pilots to return to the negotiating table. AMR (AAMRQ.PK) and its pilot union intend to restart negotiations over a new labor contract this week after the company abrogated the old agreement as part of its bankruptcy restructuring - and then started to experience a spike in flight disruptions. Meanwhile, American Airlines is inspecting 47 out of its 102 Boeing 757s after seats came loose during two flights. The problem was caused by improperly installed clamps.
ING nears deal to sell Malaysian, Thai units for $1.8B. ING (ING) is close to unloading its Malaysian and Thai insurance units to AIA Group (AAIGF.PK) for about $1.8B, Bloomberg reports. AIA jumped more than 2% in Hong Kong on the news, as ING - more concerned with pleasing EU regulators than returns - might be selling prime assets for less than they're worth.
Pearson CEO to leave post. Pearson (PSO) CEO Marjorie Scardino will step down at the end of the year after 16 years in the job and be replaced by John Fallon, the head of the U.K. publisher's International Education division. Under the leadership of Scardino, who was the first female head of a FTSE 100 company, Pearson's net profit more than tripled to £942M in 2011.
Mass production of iPad Mini starts. The WSJ has firmed up speculation about the mass production of the iPad Mini, reporting that Apple's (AAPL) Asian suppliers have begun manufacturing the tablet, which will have a 7.85" screen vs. 9.7" for the regular iPad and 7" for Google's Nexus. LG Display and AU Optronics (AUO) started production for the new screen last month.
Lockheed, Pentagon get closer to 5th F-35 order. Top brass at Lockheed Martin (LMT) and the Pentagon have become involved in long-running talks over a fifth order of F-35s, Reuters reports. The development comes after a top Pentagon official said recently that the relationship between the sides was the worst he'd seen. The parties are haggling over the last $100M+ of costs and have until January to "obligate" the funds so they won't be vulnerable to sequestration.
Supervalu suitors looking to buy parts of company. Billionaire Ronald Burkle and P-E firms KKR (KKR) and TPG are interested in Supervalu (SVU), Bloomberg reports, but are only thinking of buying parts of the hard-luck grocery chain rather than the whole company, which is what Supervalu would prefer. The retailer, whose market cap has plummeted to $489M, has extended its offer deadline beyond a prior cutoff date of October 15, with Supervalu's struggles hampering "progress on any kind of offer."
Top Economic & Other News
Freddie Mac stymied in loan scheme. In an attempt to kick-start the housing market, Freddie Mac wants to provide loans to investors who are looking to acquire foreclosed homes so that they can rent them out. However, the mortgage giant faces opposition from banks and the FHFA, which is concerned about increasing the government's role in the real-estate market and crowding out private capital with cheap loans, the WSJ reports.
Brussels wants states to hand over more fiscal sovereignty. A draft provision making the rounds would force EU states to sign binding contracts with Brussels committing themselves to detailed fiscal reforms, reports the FT. The plan could help meet the demands of Germany which insists on tighter control over the budgets of countries it bails out. This may be a silly question, but haven't EU members already signed the Maastricht Treaty? How did that work out?
Editors' Picks
Dow Theory: Not Broken, Just Misunderstood
Intel: There's Certainly A Bull Case
Driving Natural Gas Prices Part 1: Exports
Today's Markets:
In Asia, Japan -0.5%. Hong Kong +0.2%. China closed. India +0.2%.
In Europe, at midday, London flat. Paris -0.3%. Frankfurt flat.
Futures at 7:00: Dow flat. S&P flat. Nasdaq +0.1%. Crude -0.6% to $91.38. Gold +0.3% to $1780.90.
Today's economic calendar:
7:00 MBA Mortgage Applications
8:15 ADP Jobs Report
10:00 ISM Non-Manufacturing Index
10:30 EIA Petroleum Inventories
Notable earnings before today's open: FDO, MON, RPM
Notable earnings after today's close: MAR
HPTX. Hyperion Therapeutics to Report Results of HALT-HE Study at AASLD Plenary Session
http://finance.yahoo.com/news/hyperion-therapeutics-report-results-halt-225621921.html
ALGN. Align Technology to Announce Third Quarter Fiscal 2012 Results on October 17, 2012
http://finance.yahoo.com/news/align-technology-announce-third-quarter-231030885.html
RSMD. Resmed Announces Conference Call And Webcast To Discuss First Quarter 2013 Results
http://finance.yahoo.com/news/resmed-announces-conference-call-webcast-230000417.html
TSRO. TESARO Announces Clearance of Investigational New Drug Application for TSR-011
Company Plans to Proceed With a Phase 1/2 Clinical Study of the Anaplastic Lymphoma Kinase (ALK) Inhibitor TSR-011
http://finance.yahoo.com/news/tesaro-announces-clearance-investigational-drug-203000058.html
Good Morning Speakeasy ~
2012 Nobel Prize Announcements Live Stream
http://finance.yahoo.com/news/2012-nobel-prize-announcements-live-110000801.html
STOCKHOLM, October 2, 2012 /PRNewswire/ --
?You can watch the live stream of the 2012 Nobel Prize announcements as the news breaks on Nobelprize.org, the official website of the Nobel Prize, with live coverage from official press conferences and exclusive interviews with experts, including alerts on social media such as Twitter and Facebook.
The 2012 Nobel Prize announcements within Physiology or Medicine, Physics, Chemistry, Literature, Peace and the Prize in Economic Sciences will be live streamed on Nobelprize.org. The first announcement, for the Nobel Prize in Physiology or Medicine, is scheduled on Monday, 8 October 11:30 a.m. CET at the earliest (see the full timetable of announcements). http://bit.ly/SkccIy Exclusive content such as interviews with members of Nobel Committees explaining this year's awarded achievements will also be streamed live.
Background information about the 2012 Nobel Laureates, their Nobel Prize-awarded work and official press releases from the Nobel Prize-awarding institutions will be immediately posted.
Directly after the Nobel Laureates have heard the news, Nobelprize.org conducts a telephone interview with them, capturing the Laureates' first reactions about the news. Nobelprize.org visitors can post greetings or messages to the new Laureates directly on the website.
In addition to the live stream on Nobelprize.org, you can follow the news in several ways:
Social Media. Keep up with the latest news and join the conversation about the 2012 Nobel Prizes on the Nobelprize.org Facebook page: http://www.facebook.com/Nobelprize.org, or Twitter: @nobelprize_org, http://twitter.com/Nobelprize_org (#NobelPrize).
Smartphone App. Download the official Nobel Prize mobile application available on Android Apps on Google Play. http://bit.ly/QCq3qz
Live Video Player. Do you want to live-stream the Nobel Prize Announcements on your web site, blog or social networks? Get the easy-to-add code that will allow you to embed the live video player. http://bit.ly/Tw6wOu
CMGO Announces Q2 #'s of $6.1M in Revs
CMG Holdings Group, Inc. Announces its 2nd Quarter June 30, 2012 Financial Results Reports $6.1 Million in Revenues.
Link: http://ih.advfn.com/p.php?pid=nmona&article=54359449&symbol=CMGO
Daily Chart
CMG Holdings Group, Inc. Announces its 2nd Quarter June 30, 2012 Financial Results Reports $6.1 Million in Revenues. Reports 31% increase in Revenues and 48% increase in Operating Income and Provides Corporate Update of Business Operations.
PR Newswire
MIAMI, Oct. 1, 2012
MIAMI, Oct. 1, 2012 /PRNewswire/ -- CMG Holdings Group, Inc. (CMGO) (CMGO.PK) www.cmgholdingsinc.com, a full service marketing communications holding company operating across the sectors of digital media, alternative advertising, social media, experiential marketing and commercial rights, is providing the following updates regarding the company's 2nd Quarter 2012 financial results, the company's corporate spin-off of AudioEye, Inc., the elimination of the company's senior corporate debt and the corporate update of business operations and the retirement of Chairman and CEO Alan Morell, with Jim Ennis chosen has new Chief Executive Officer.
On September 28, 2012, CMG Holdings Group, Inc. filed its 10-Q regarding their 2nd Quarter June 30, 2012.
Financial Highlight Summary from June 30, 2012 Quarter Report
•Revenues increased to $6,159,910, growth of 31.0%, for 3 months ending June 30, 2012 compared to $4,700,528 for 3 months ending June 30, 2011.
•Revenues increased to $7,143,059, growth of 32.3%, for 6 months year to date ending June 30, 2012 compared to $5,400,369 for 6 months year to date ending June 30, 2011.
•Operating income growth increased to $788,589, growth of 48.2%, for 3 months ending June 30, 2012 compared to $532,136 for 3 months ending June 30, 2011.
•Operating income increased to $176,596, growth of 70.9%, for 6 months year to date ending June 30, 2012 compared to $103,339 for 6 month year to date ending June 30, 2011.
"The first 6 months of 2012 has been a transformative period for CMG Holdings Group, Inc.," said Jim Ennis, Chief Executive Officer. "Through the execution of organic growth initiatives, our revenues for 3 months ending June 30, 2012 increased by $1,459,382 or 31.0% compared to the same reporting period for prior year. Our revenues for 6 months year to date ending June 30, 2012 increased by $1,742,690 or 32.3% compared to the same reporting period for prior year. Our consolidated operating income for 3 months ending June 30, 2012 increased by $256,453 or 48.2% compared to the same reporting period for prior year. Our consolidated operating income increased by $73,257 or 70.9% for 6 months year to date ending June 30, 2012 compared to the same reporting period for prior year."
Corporate spin-off AudioEye, Inc. and elimination of Senior Corporate Debt:
"Our focus throughout this year has been to improve our balance sheet through the reduction of our liabilities and to improve our consolidated working capital position," said Jim Ennis. "On August 17, 2012, CMGO, AudioEye Acquisition Corporation (AEAC) completed our Share Exchange pursuant to our Amended Master Agreement of April 5, 2012 regarding the spinout of AudioEye, Inc. (AudioEye). The completion of our Share Exchange and payoff by AEAC caused the release of our Senior Secured Convertible Extendable Notes and their security interests. As a result, approximately $3.67 million or 48.9% in liabilities will be removed from our consolidated balance sheet, $2.6 million related to the spinoff of AudioEye, Inc. and $1.07 million related to senior debt. This total reduction of liabilities is forecasted to be reflective in our September 30, 2012 and December 31, 2012 balance sheets. We are also continuing to work to reduce other liabilities from our balance sheet over the next several quarters. Also, as a result of completion of the Share Exchange, our assets and working capital position are forecasted to increase, due to the approximate 4.5 million shares of AudioEye that CMGO will own, once their registration process is completed."
Additional highlights regarding the Share Exchange and Amended Master Agreement:
•CMGO retains 15% of capital stock of AudioEye subject to transfer restrictions in accordance with provisions of the Master Agreement.
•CMGO will distribute to its shareholders, in the form of a dividend, 5% of capital stock of AudioEye in accordance with provisions of the Master Agreement.
•CMGO declared October 26, 2012 as the dividend date, that the dividend will be paid to CMGO shareholders of record as of close of business and will be distributed when AudioEye completes its registration process.
•AudioEye finalized its Royalty Agreement that pays CMGO 10% of cash received from income earned, settlements or judgments directly resulting from the AudioEye patent enforcement and licensing strategy as fully described in the Master Agreement.
•AudioEye finalized its Consulting Agreement where CMGO will receive commissions not less than 7.5% of revenues from business, clients, sources procured by CMGO directed to AudioEye and 10% of net revenues obtained from a third party described in the agreement as fully described in the Master Agreement.
Corporate Update post the Share Exchange Agreement
"During the remainder of 2012 and moving into 2013, we plan to further expand our digital media offering. The benefits from this expansion strategy should become more evident over the next several quarters," said Jim Ennis. "As our digital media platform gains further traction, we anticipate moving forward with more traditional capital sources and investment partners in order to capitalize on experiential marketing organic growth of XA, The Experiential Agency, Inc. (XA) www.experientialagency.com. We anticipate this will potentially increase XA's growing revenues and market share of proportional digital media budgets from corporate clients that will enhance their expansion and operating profit margins."
"Earlier this year, CMGO announced plans to further align its business around the high growth categories of digital media and marketing solutions. We are moving forward in working with more traditional investment partners and acquisitions plans in order to capitalize on digital media marketing sector growth," said Jim Ennis. "In digital media, our company plans to expand its content solutions, enabling customers to create, distribute and monetize digital content. In digital and mobile marketing, our company intends increase its presence in the multi-billion-dollar media sector which is poised to grow at an incredible pace over the next decade as technological advances make digital media practical and affordable platforms for small businesses. CMGO previously announced their digital media expansion with their UsaveCT and UsaveNJ platforms, providing digital savings solutions connecting clients and customers with small businesses through interactive media videos. Operating across Connecticut, New Jersey, and New York to offer small businesses digital solutions to increase their customer interaction through interactive media videos to build and strengthen relationships with their clients. Customers, after watching the interactive video commercials within Usave digital network site, will receive digital, mobile or printable coupon offers for immediate savings and incentives from small businesses."
"Our digital media platform will assist small businesses to effectively sell their products and services directly to their consumers using mobile and social media," said Jim Ennis. "It will also provide the social network to connect directly from small businesses across Connecticut, New Jersey and New York using social media expertise via our public relations specialists, XA Social, www.xasocial.com, our marketing firm, XA, The Experiential Agency, Inc. (XA), www.experientialagency.com and via our mobile marketing specialists, Audioeye, Inc. www.audioeye.com. Over the past year, we have been in discussions with Connecticut's Department of Economic and Community Development www.decd.org and with New Jersey Business Action Center www.state.nj.us/njbusiness/bac/index.shtml to be a contributing factor as part of their statewide initiative to create jobs and economic growth for small businesses in Connecticut and New Jersey," said Jim Ennis. "We believe our Usave platform will expand and help small businesses prosper, improve job creation and provide significant savings for residents across Connecticut, New Jersey and New York. This will allow us to hire sales and digital media professionals potentially capitalizing on the digital media tax credit platforms from Connecticut's Department of Economic and Community Development's Office of Film, Television and Digital Media http://www.ct.gov/ecd/cwp/view.asp?a=3880&q=454824 and The New York State Office for Motion Picture and Television Development http://www.nylovesfilm.org/index.asp.
Retirement of Chairman and Chief Executive Officer
Alan Morell, Chief Executive Officer and Chairman of the Board of Directors, announced his planned retirement and announced the company's next top executive. Mr. Morell announced his retirement as of September 27, 2012 and Jim Ennis, Chief Operating Officer, has been appointed Chief Executive Officer.
"I am honored to have worked with so many talented people at CMG Holdings Group, Inc. through the years. Jim Ennis, our Chief Operating Officer, has been with the company since CMGO became a public company in 2008," said Alan Morell. "I am honored by the trust that the board and Alan have placed in me, and I look forward to taking my industry experience to move CMGO forward. Alan was the visionary to our company's roadmap," Jim Ennis said.
Companies or individuals that are interested in learning more about CMG Holdings Group, Inc., our subsidiaries or CMGO's investment in AudioEye, Inc., should please contact Mr. Jim Ennis at Jennis@CreativeManagementGroup.com or visit the following websites: www.cmgholdingsinc.com, www.experientialagency.com, www.xasocial.com, www.audioeye.com.
About CMG Holdings Group, Inc. (CMGO):
CMG Holdings Group, Inc. is a full service marketing and communications holding company. CMGO's mission is to build a national platform of exceptional companies that deliver solutions in the areas of alternative advertising, social media marketing services, event management and commercial rights. CMGO is seeking to expand its national presence via its acquired companies, capitalizing on their intellectual properties, patents, sales and marketing, new product development and continued operations via economic recovery. CMGO owns and operates wholly-owned subsidiaries, XA, The Experiential Agency, Inc. and has a minority investment in Audio Eye, Inc.
For more information, please visit: www.cmgholdingsinc.com
About XA, The Experiential Agency, Inc. (XA):
XA, The Experiential Agency, Inc. is a wholly-owned subsidiary of CMG Holdings Group, Inc. and has offices in Chicago and New York from which it provides corporations and highly visible brands with comprehensive event marketing, design, public relations and production services. The XA brand has a 20 year history and its team has been the creative force behind prestigious, national projects for such prior and current clients including USA Networks, The Bravo Channel, NBC Universal, Bloomberg, Guinness, HBO, Disney, Microsoft, Sony, Harrah's Entertainment, United Nations, Conde Nast, Vanity Fair, Vimeo, Michael Kors, Puma, and Ritz Carlton.
For more information please visit: www.experientialagency.com
About XA Social:
XA Social is part of the XA consolidated platform and excels in social media strategy; from a social media 101 seminar, to advising and monitoring, overall management and ROI. XA Social believes social media is not a fad, but rather an extension of good public relations that is here to stay. XA Social creates lasting connections between consumers and brands in order to engage in two way communication. XA Social helps clients build their brands through innovative and authentic social media tactics and aids in creating environments of conversation and engaging relevant consumers with brands through personal interactions.
For more information please visit: www.xasocial.com
About CMGO's Investment in AudioEye, Inc. (AudioEye):
AudioEye, Inc., founded in 2003, is a wholly-owned subsidiary of CMG Holdings Group, Inc. with offices in Tucson and Chicago. AudioEye has developed patented, Internet content publication and distribution software enabling conversion of any media into accessible formats and allowing for real time distribution to end users on any Internet connected device. Audio Eye is focused on creating better and more comprehensive access to Internet, print, broadcast and other media to all people regardless of their network connection, device, location, or any disabilities or disadvantages an individual may have. Audio Eye solutions include comprehensive E-Learning and E-Commerce systems as well as a variety of Internet publishing products and services that enable customers to create and deliver accessible, highly scalable web-based applications.
For more information please visit: www.audioeye.com
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking statements which include, but are not limited to, statements concerning expectations as to our revenues, expenses, and net income, our growth strategies and plans, the status of evolving technologies and their growth potential, the adoption of future industry standards, expectations as to financing and liquidity requirements and arrangements, need for additional capital, and other matters that are not historical facts. These forward-looking statements are based on our current expectations, estimates, and projections about our industry, management's beliefs, and certain assumptions made by it. Words such as "forecasted", "forecasts", "anticipates", "appears", "expects", "intends", "plans", "believes, "seeks", "estimates", "may", "will" and variations of these words or similar expressions are intended to identify forward-looking statements. In particular, when used in the preceding discussions, similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual results could differ materially and adversely from those results expressed in any forward-looking statements, as a result of various factors. Readers are cautioned not to place undue reliance on forward-looking statements, which are based only upon information available as of the date of this report. We undertake no obligation to revise or update publicly revise any forward-looking statements for any reason Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K; its quarterly reports on Forms 10-Q; and any reports on Form 8-K. CMG Holdings Group, Inc. (CMGO.PK) (CMGO.PK) takes no obligation to update or correct forward-looking statements and also takes no obligation to update or correct information prepared by third parties that is not paid for by the Company.
Contact:
Jim EnnisCMG Holdings Group Inc.5601 Biscayne Boulevard Miami, FL 33137305-751-0588 Jennis@CreativeManagementGroup.com
$CMGO
$DRL - possible bounce back already?
I'm not convinced yet but I was / am expecting support around 80/90
Which was a short live visit as of today
$CMGO - put out great news - good action today
$cmgo
Golden Cross Mods' Picks Monday.
[Stockholla]
http://investorshub.advfn.com/The-Golden-Cross-&-Bags-of-10!-24957/
TOP PICKS FROM OUR MODS!!!
EKNL: http://stockcharts.com/h-sc/ui?s=EKNL&p=D&b=5&g=0&id=p50624545467 ...scalper
GDGI :http://stockcharts.com/h-sc/ui?s=GDGI&p=D&b=5&g=0&id=p94873143547 ......holla ...
SBRH: http://stockcharts.com/h-sc/ui?s=SBRH&p=D&b=5&g=0&id=p07774099079 .....scalper ..
APDN: http://stockcharts.com/h-sc/ui?s=APDN&p=D&b=5&g=0&id=p24373135611.....poemstone
MPIX: http://stockcharts.com/h-sc/ui?s=MPIX&p=D&b=5&g=0&id=p96407464921 ...holla
TTDZ: http://stockcharts.com/h-sc/ui?s=TTDZ&p=D&yr=1&mn=0&dy=0&id=p45290607760....gimmemycash
ABT: http://stockcharts.com/h-sc/ui?s=ABT&p=D&b=5&g=0&id=p19982321839 ,,,,,SIACharts
SUGO: http://stockcharts.com/h-sc/ui?s=SUGO&p=D&yr=1&mn=0&dy=0&id=p89140299368 .. gimmemycash
AAPL:http://stockcharts.com/h-sc/ui?s=AAPL&p=D&b=5&g=0&id=p35611121956 SIACharts
ACGX:http://stockcharts.com/h-sc/ui?s=ACGX&p=D&b=5&g=0&id=p97370300961 .....poemstone
FONR. FONAR Reports Record Profits From Operations for Fiscal 2012; Net Income Doubles From Fiscal 2011; Revenues Increase 19% to $39.4 Million
http://finance.yahoo.com/news/fonar-reports-record-profits-operations-110000649.html
YahooFinance. Wall Street Week Ahead: Stock bulls eye Spain, Bernanke and jobs
http://finance.yahoo.com/news/wall-street-week-ahead-stock-081737397.html
NEW YORK (Reuters) - Wall Street will open October with a busy week, highlighted by low expectations for global manufacturing data and the U.S. jobs report, but that could set the stage for positive surprises that help lift the market.
The S&P 500 (^INX)(^GSPC) finished its third positive quarter in the last four on Friday, despite suffering its largest weekly percentage decline since June. For the past three months, the S&P 500 gained 5.9 percent - its best third quarter since 2010. In contrast, the index was down 1.3 percent for the week.
The benchmark S&P 500 earlier this month reached its highest level since late 2007. Yet uncertainty remains over whether stocks can hold their gains against the headwinds of a struggling economy. That explains, in part, the retreat over the last several days.
The S&P 500 hit a high of 1,474.51 in mid-September before pulling back by a bit more than 2 percent. A run at 1,500 seems possible, but the flurry of economic and world events ahead probably will prevent a major advance in the coming week.
Bulls are betting this week's Spanish budget proposals will be a preamble to a bailout request by Mariano Rajoy's government. The move would be seen as a first step to get the finances of the euro zone's fourth-largest economy in order and would clear some of the market uncertainty regarding the euro zone crisis.
Monetary policy is also on the list of market catalysts next week. Federal Reserve Chairman Ben Bernanke is scheduled to speak on Monday and the minutes of the latest FOMC meeting are set for release later in the week. The week's agenda includes meetings of the European Central Bank, the Bank of England and the Bank of Japan.
"I think we could see a rebound next week if we get some of the stars aligning and have Spain ask for a bailout, the ECB announcing favorable terms for that bailout, and if we see the Bank of Japan announce further monetary intervention," said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin.
"If Spain and the ECB don't deliver, we could set ourselves up for a further lateral move in the markets. A negative would be if Rajoy flat-out denies that they need a bailout."
The ECB and BOJ are set to meet on Thursday, with the Bank of Japan's meeting extending until Friday.
FACTORIES, JOBS AND THE DEBATES
Chinese factory and business conditions data will kick off a numbers-heavy calendar for markets. Manufacturing PMI, due on Monday, is expected to show a second straight month of contraction.
A snapshot of U.S. manufacturing activity will be provided on Monday when the Institute for Supply Management releases its September index. The September ISM reading is expected to show another month of contraction, but at a slightly slower pace than in August. On Wednesday, the ISM will release its U.S. services-sector Purchasing Managers' Index, which could show a slight deceleration in the pace of growth in the non-manufacturing sector.
"We have Chinese economic data over the weekend, and we'll see how markets react on Monday," said Wasif Latif, vice president of equity investments at San Antonio, Texas-based USAA Investment Management.
"It seems like the market is bracing for bad numbers, meaning if they're not as bad, it could be market-positive," Latif said.
Non-farm payrolls for September, due on Friday, are seen up 115,000, while the U.S. unemployment rate is seen ticking up 0.1 percent from August to 8.2 percent in September.
The jobs data will come on the heels of the first of three U.S. presidential debates, scheduled for Wednesday night. Recent poll numbers point to a strengthening lead by President Barack Obama, but a weak payrolls reading could give some hope to Republican challenger Mitt Romney.
"If Romney doesn't turn the ship with a very strong (debate)performance, the president is going to win," said Jack de Gan, chief investment officer at Harbor Advisory Corp in Portsmouth, New Hampshire.
He said the trend in the polls has taken away some of the market uncertainty regarding the presidential election. He added that an ECB- or Spain-related headline out of Europe on Thursday could overcome almost anything that would happen Wednesday night during the debate.
"I think the market is coming to terms with the fact the president is ahead, and unless something significant changes, (he) will prevail."
ARIA. ARIAD Presents Initial Clinical Proof-of-Concept of AP26113 in Patients with Non-Small Cell Lung Cancer at ESMO 2012 Congress
~ First evidence of clinical anti-tumor activity in patients resistant to ALK or EGFR inhibitor therapy
http://finance.yahoo.com/news/ariad-presents-initial-clinical-proof-091500610.html
$SEEK SS
As of Sept 24, 2012 from Registrar
Authorized 3,500,000,000
Float 2,600,008,982 (increased 50,000,000 from June 6, 2012)
O/S 2,607,521,297 (increased 50,000,000 from June 6, 2012)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79884498&txt2find=Share|Structure
As of September 11, 2012
Authorized: 3,500,000,000
Issued: 2,607,521,297
Restricted: 7,512,315
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79469739&txt2find=Share|Structure
Thanks for your input. Marked.
seek, has ss changed any?
$CRY - nice action the last few days - a little profit taking in a healthy fashion
$CRY
hey bud - speculation building toward middle october - expecting some sort of fins
if they are released this will move nicely
$SEEK
Cryolife (CRY)
6.71-0.40 (-5.63%) 1:54P EST (NYSE) - Real-Time: 6.72-0.39 (-5.49%) 2:03P EST (BATS)
http://www.barchart.com/quotes/stocks/CRY
Historical Quote - Past 5 Days More
Date Last Change % Change Volume
09/28/12 6.71 -0.40 -5.63% 117,832
09/27/12 7.11 +0.06 +0.85% 379,400
09/26/12 7.05 +0.43 +6.50% 200,700
09/25/12 6.62 +0.32 +5.08% 243,000
09/24/12 6.30 +0.38 +6.42% 247,000
http://www.barchart.com/quotes/stocks/SEEK
Historical Quote - Past 5 Days More
Date Last Change % Change Volume
09/28/12 0.0005 +0.0002 +66.67% 1,872,000
09/27/12 0.0003 -0.0001 -25.00% 2,055,000
09/26/12 0.0004 unch unch 900,000
09/25/12 0.0004 -0.0001 -20.00% 320,000
09/24/12 0.0005 unch unch 7,025,100
SEEK 0.0005 0.0002 66.67% 1,872,000 Chart, News, Stats, Board TheDirectory.com, Inc
$DRL on alert - insty possible dump with support around the 80-90
a quick 30% to the upswing is what im thinking
Hello All! Keep eye on EKNL big moves coming our way
:)
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