Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
EVENNEVE and Replevin are rumored to be very bullish on EMDH.
Well I called the phone number in the recent SEC filing about 90 minutes ago. He was at a wild party and asked, "Who is this?" He had an artsy accent, and a female answered the phone. If that's not exciting:
He told me to call in the daytime because he was off work. So we won't know why we're interested until he's ready to talk!
Well, we found a connection between NCVT and this company. Apparently they have the same CEO - a Moldovan named Iurie Bordian.
And we are interested in this company because....?
Wonder if the company can print shares as fast?
Organization
---------------------
Emerging Media Holdings, Inc was incorporated in the State of Nevada on
September 3, 2003. The Company directs its operations through its subsidiaries,
Media Alianta S.R.L. ("Media Alianta"), formerly Cabavarum S.R.L., and Analytic
Media Group, S.A. ("AMG"). Both subsidiaries' operations and assets are located
in the Republic of Moldova. Through its subsidiaries, the Company's primary
activities are in radio and television broadcasting. The Company earns its
revenue primarily through advertisement sales. The Company also derives revenues
from the sale of concrete mixes. This segment is currently in its initial
stages. Revenue and net earnings from this segment represent less then 1% of
total revenues and net earnings for the three months ended March 31, 2007 and
2006. The segment is immaterial to the consolidated statements and no segment
information is provided.
Basis of Presentation
---------------------
In July 2006, EMH entered into a share exchange agreement with Cabavarum S.R.L.
("Cabavarum"), a Moldavia company, with primary activities in radio and
television broadcasting. In connection with the share exchange, the Company
acquired the assets and assumed the liabilities of Cabavarum. For accounting
purposes, the share exchange has been treated as a recapitalization of
Cabavarum.
As provided for in the share exchange agreement, the stockholders of Cabavarum
received 5,251,000 shares of newly issued EMH common stock in exchange for the
outstanding shares of Cabavarum they held, which was accounted for as a
recapitalization. The financial statements prior to July 2006, are those of
Cabavarum and reflect the assets and liabilities of Cabavarum and AMG at
historical carrying amounts. In addition, certain shareholders of EMH
transferred 6,726,400 shares to associates of Cabavarum. The associates provided
consulting services to the shareholders of Cabavarum in connection with the
merger with EMH, marketing activities, relations within the Russian media
market, computer programming and acquisitions.
Immediately following the share exchange, EMH had a total of 15,053,000 common
shares issued and outstanding, of which the shareholders and associates of
Cabavarum controlled 80% of the outstanding common stock.
The financial statements of EMH have been revised to retroactively reflect the
share exchange.
In addition, the resignation of the former officer and directors of EMH took
effect upon the close of the share acquisition exchange. The Cabavarum Board of
Directors became the Board of Directors of EMH and Chiril Luchinsky became
president and Chief Executive Officer.
Principles of Consolidation
---------------------------
The consolidated financial statements of the Company include the Company and its
wholly-owned subsidiaries. All material intercompany balances and transactions
have been eliminated.
Economic and Political Risks
----------------------------
The Company faces a number of risks and challenges since its operations are in
the Republic of Moldova and its primary market is in Moldova. The financial
statements have been prepared assuming the Company will continue as a going
concern. 100% of the consolidated assets are located in Moldova and 100% of the
consolidated revenue is earned in Moldova.
http://www.sec.gov/Archives/edgar/data/1307140/000121465907001147/f5147210qsb.txt
AMG`s history
The joint-stock company «Analiticmedia-Grup» (AMG) was created in October 1998 with the purpose of organization of the media holding. Shortly after, AMG signed a tying contract with Russian Public Television (ORT) concerning the broadcasting of its programs in Moldova and also received the license concerning the right on television broadcasting. This way, AMG became a member of TV market of RM. A year after, AMG set up the newspaper «Vremea». But in 2002 AMG took the decision to sell the newspaper business and focus its attention on development of television.
In September 2002, ORT takes the decision to change its denomination into «1 ?????» (1st Channel). Thus, AMG names its studio 1st Channel in Moldova. At the beginning of 2003, 1st Channel in Moldova holds 60 % - 65%, sometimes 70% of advertisement market of RM, a position confirmed by companies «TNS GALLUP Media» and «AGB» that made an official measurement of the rating of channels in Moldova. This way, in a short period of time, AMG succeeded to become a leader, namely the company that formed the market of television advertisement and the production of its own TV shows. Among its own products, the visit card became the news bulletin. In September 2005 the company takes the decision to create its own television channel.
On March the 1st 2006, AMG launches its own television channel TV7 that is broadcasted on a 43rd decimeters frequency.
In order to create the whole content of the channel, AMG signed a tying contract with the Russian television company NTV and NTV world, that are between the leading three television channels in Russia and the owner of which is «Gasprom Media». On the 6th of March, the News Department of TV7 has begun to broadcast the news bulletin.
In the future, the strategy of the company is to create a channel of information and entertainment in Moldova.
In connection with the fact that Russian television channels have a very important position in the creation of attractive blocks of channels of cable television operators, AMG is going to sign separate contracts what concerns the insertion in their blocks of channels the leading channels of Russian Federation.
What concerns NTV, 90% of cable television operators in Moldova have already signed a contract with AMG, that means almost 100.000 subscribers.
http://www.tv7.md/?page=history%20of%20company%20AMG&lang=en
Just don't hit the same "favorites" button with your broker until we find out more.
LOL that 1 bookmark looked lonely so I gave it another.
Not much, it looks like.
What's up with this serf?
Well folks step right up. We're here to talk about Emerging Media Holdings.
Followers
|
8
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
171
|
Created
|
06/23/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |