VoxPop intends to be the independent music dial tone that effectively promotes connectivity within each community we serve by providing a system of discovery for users and platforms for exposure for both our artists and sponsors. VoxPop will initially draw revenue from advertising. As we establish ourselves locally, our revenue will be mostly derived from local and national advertisers. As we move through our new media portfolio, revenue will be derived from advertising, subscriptions and merchandise/music (mp3?s, etc).
| Market Value1 || $55,749,998 || a/o Jan 14, 2011 |
| Shares Outstanding || 111,499,995 || a/o Dec 15, 2010 |
| Float || 1,479,923 || a/o Dec 15, 2010 |
| Authorized Shares || 300,000,000 || a/o Dec 15, 2010 |
| Par Value || 0.001 |
Attorney Letter with Respect to Current Information - Attorney Abraham Rappaport - 10/31/2011:
Notification of Late Filing - PED 12/31/2011 - Published by President - Matthew Nicoletti :
Annual Report - Management Discussion and Financials - PED 12/31/2011 -
Noted in published Annual Report - 4/16/2012:
Note 7. Subsequent Events.
Change in Control.
The Board of Directors ratified and approved a change in control pursuant to a Common Stock Purchase Agreement
dated March 15, 2012 (“Purchase Agreement”). Pursuant to the Purchase Agreement, the majority stockholder exchanged
approximately 98,282,250 shares of the Company’s common stock, par value $.01, owned or controlled by him in exchange
for $16,000 in cash. The transaction closed on March 30, 2012.
See Note 2 – Discontinued Operations and Note 3 –
Note 2. Discontinued Operations.
The Board of Directors discontinued the VoxPop Internet and media holdings operations, effective December 31, 2011, pursuant to a change in control. All assets and liabilities relating to the discontinued operations have been evaluated and written off, reclassified, assumed, canceled, or settled. See Note 7 – Subsequent Events - Change in Control.
Note 3. Assumption of Liabilities.
In connection with the change in control described in Note 7, the former CEO and majority stockholder of the Company, assumed an aggregate of $342,708 in liabilities in exchange for $16,000 in cash and the release of certain assets of the Company, effective December 31, 2011.