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.
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.
Modavox Signs Letter of Intent to Acquire Internet Software Developer RadioPilot
Tuesday April 29, 10:10 am ET
RadioPilot's Internet Radio Application and Customers Expected to Add New Features and Revenue to the Modavox Internet Radio Operation
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today announced it has signed a Letter of Intent to acquire Washington-based RadioPilot.
The RadioPilot Internet Radio publication system allows search engines to index rich media more effectively and has other additive capabilities to the Modavox patented BoomBox Radio Platform. RadioPilot optimizes search structure for difficult-to-categorize rich media content by blending a categorical hierarchy at all levels of each and every Internet radio element. It also includes an easy-to-browse media experience that is highly optimized for individual searchers as well as search engines.
The suite of technologies will also provide a series of software widgets enabling new product features for the Modavox Network and Interactive Agency operations. These widgets include: SitePILOT, a development platform allows novice Internet publishers to create feature rich interactive websites, MemberPilot, a self-maintaining community management and tracking utility, SendPilot, a high volume email publication system and community based distribution system, and Referral Pilot, a widget designed to increase traffic through viral referral and content syndication.
Modavox President of Networks, Jeff Spenard stated, “Our content customization capabilities vastly improve RadioPilot’s software products. These new tools will add to our host acquisition and continued service improvement efforts. Assistive content publication capabilities will provide much improved search engine optimization and streamlined host generated content production and audience acquisition strategies.”
“This is a furtherance of our strategy to maximize our revenue production and leadership in Internet Talk Radio. I’m equally pleased about our acquisition of RadioPilot and their private label client base that will bring new revenue opportunities, unique visitors, and advertising for our Network operation. We have and will continue to grow both our Network and Interactive Agency organically. However, acquisitions such as this proposed with RadioPilot are ways we may accelerate our plan and achieve significant gains in revenue and product offerings,” stated David Ide, CEO of Modavox. “Within the size and scale of Modavox, the RadioPilot system and products are more viable and useful when deployed in conjunction with our customized communications solutions.”
About Modavox
Modavox, Inc., the customized communications company, is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering innovative, effective, and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet radio broadcasting, e-learning and rich media advertising. For more information, please visit www.modavox.com.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
Contact:
C&H Capital Inc.
Jason Assad, 678-570-6791 (Investors)
--------------------------------------------------------------------------------
Dutch Gold Resources CEO interviewed on Bloomberg TV this evening. Link for anyone interested.
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vAADeMcZGzQ8.asf
SM
MDVX continued constructive action with chart setting up well for a potential breakout to new multi-year highs.
SM
MDVX setting up in nice ascending triangle formation. Breakout above $2.05 to new all time highs. Note money flow and accumulation indicators. 50 and 200 day ma's converging.
SM
Southern Arizona Attractions Alliance Taps Modavox BoomBox Video for Multi-Site Tourism Marketing Application
Thursday March 27, 11:15 am ET
BoomBox Video Enables Customized Video Distribution Along with Community Event Calendar to Give Southern Arizona Attractions an Edge
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that through the use of its patented BoomBox Video 2.0 software, the company has delivered a video distribution system for the Southern Arizona Attractions Alliance.
The BoomBox Video system has been integrated by Modavox with a community calendar system developed by TucsonStyle.com that allows the 50 member attractions to publish special event schedules adjacent to video tours. The BoomBox Video environment will be syndicated to a total three sites, PimaCountyAttractions.com, TucsonAttractions.com, and a site operated by Cox Communications, all of which will be branded respectively due to BoomBox’s versatile syndication capabilities. The combination of the all three sites by current and historic traffic numbers are expected to exceed two million unique visitors in 2008.
Please visit the website at www.tucsonattractions.com for more details.
About Southern Arizona Attractions Alliance
Southern Arizona Attractions Alliance is a nonprofit organization of regional attractions dedicated to cooperatively promote tourism and visitation in southern Arizona. The Alliance develops innovative marketing techniques in collaboration with other Arizona Tourism boards to enhance awareness of the variety of educational and entertainment activities available in our communities. For more information on the Alliance and its members, please visit our website at http://www.tucsonattractions.com/.
About Modavox
Modavox, Inc., the customized communications company is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering innovative, effective, and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet radio broadcasting, e-learning and rich media advertising. For more information, please visit www.modavox.com.
Contact:
C&H Capital Inc.
Investors:
Jason Assad, 678-570-6791
Southern Arizona Attractions Alliance Taps Modavox BoomBox Video for Multi-Site Tourism Marketing Application
Thursday March 27, 11:15 am ET
BoomBox Video Enables Customized Video Distribution Along with Community Event Calendar to Give Southern Arizona Attractions an Edge
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that through the use of its patented BoomBox Video 2.0 software, the company has delivered a video distribution system for the Southern Arizona Attractions Alliance.
ADVERTISEMENT
The BoomBox Video system has been integrated by Modavox with a community calendar system developed by TucsonStyle.com that allows the 50 member attractions to publish special event schedules adjacent to video tours. The BoomBox Video environment will be syndicated to a total three sites, PimaCountyAttractions.com, TucsonAttractions.com, and a site operated by Cox Communications, all of which will be branded respectively due to BoomBox’s versatile syndication capabilities. The combination of the all three sites by current and historic traffic numbers are expected to exceed two million unique visitors in 2008.
Please visit the website at www.tucsonattractions.com for more details.
About Southern Arizona Attractions Alliance
Southern Arizona Attractions Alliance is a nonprofit organization of regional attractions dedicated to cooperatively promote tourism and visitation in southern Arizona. The Alliance develops innovative marketing techniques in collaboration with other Arizona Tourism boards to enhance awareness of the variety of educational and entertainment activities available in our communities. For more information on the Alliance and its members, please visit our website at http://www.tucsonattractions.com/.
About Modavox
Modavox, Inc., the customized communications company is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering innovative, effective, and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet radio broadcasting, e-learning and rich media advertising. For more information, please visit www.modavox.com.
Contact:
C&H Capital Inc.
Investors:
Jason Assad, 678-570-6791
Modavox Names Ray Ellis as Network Director of Its VoiceAmerica(TM) Sports Network
Tuesday March 25, 2:36 pm ET
Former NFL and Ohio State Buckeye Star Ray Ellis to Provide New Leadership and Focused Growth Initiatives for Modavox
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that Ray Ellis has been named Network Director of VoiceAmerica™ Sports Network. Ellis assumed the role beginning March 24th and will be focusing on expanding the business opportunities, content production, and advertising sales within the VoiceAmerica™ Sports Network. Mr. Ellis also brings a wealth of contacts and entrepreneurial spirit that has already contributed new prospects and opportunities to Modavox.
ADVERTISEMENT
Mr. Ellis was named an All-American cornerback at Ohio State University and was drafted by the Philadelphia Eagles in 1981. He is a seven year veteran of the NFL, having finished his career in 1987 after two AFC Central Division championship seasons with the Cleveland Browns. Since retirement from the NFL Mr. Ellis has focused on media and technology. He founded a start up media technology company in 2002 called the Kerwin Company. Within Kerwin, Ray has developed a technology camp concept targeted at student athletes and has developed several digital media projects.
David J. Ide, Modavox CEO, stated, "We're pleased to welcome Ray to the Modavox team. His experience with the NFL and as a successful entrepreneur makes him ideally suited to fill this important role within Modavox. As we continue to aggressively pursue our internet talk radio strategy, his background and unique skill sets should prove complementary to our efforts."
About Modavox
Modavox, Inc., the customized communications company, is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering innovative, effective, and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. For more information, please visit www.modavox.com.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
Modavox Names Ray Ellis as Network Director of Its VoiceAmerica(TM) Sports Network
Tuesday March 25, 2:36 pm ET
Former NFL and Ohio State Buckeye Star Ray Ellis to Provide New Leadership and Focused Growth Initiatives for Modavox
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that Ray Ellis has been named Network Director of VoiceAmerica™ Sports Network. Ellis assumed the role beginning March 24th and will be focusing on expanding the business opportunities, content production, and advertising sales within the VoiceAmerica™ Sports Network. Mr. Ellis also brings a wealth of contacts and entrepreneurial spirit that has already contributed new prospects and opportunities to Modavox.
Mr. Ellis was named an All-American cornerback at Ohio State University and was drafted by the Philadelphia Eagles in 1981. He is a seven year veteran of the NFL, having finished his career in 1987 after two AFC Central Division championship seasons with the Cleveland Browns. Since retirement from the NFL Mr. Ellis has focused on media and technology. He founded a start up media technology company in 2002 called the Kerwin Company. Within Kerwin, Ray has developed a technology camp concept targeted at student athletes and has developed several digital media projects.
David J. Ide, Modavox CEO, stated, "We're pleased to welcome Ray to the Modavox team. His experience with the NFL and as a successful entrepreneur makes him ideally suited to fill this important role within Modavox. As we continue to aggressively pursue our internet talk radio strategy, his background and unique skill sets should prove complementary to our efforts."
About Modavox
Modavox, Inc., the customized communications company, is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering innovative, effective, and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. For more information, please visit www.modavox.com.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
Next Inc. Partners with ''promom couture'' as Seen on Oprah
Thursday March 20, 8:30 am ET
Company Provides Seamless Online Fulfillment Program
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Next Inc., (OTCBB: NXTI) an emerging leader in the sportswear products industry, today announced that it has signed a definitive fulfillment agreement with promom couture, best known as being the original maker of “the tshirts that celebrate motherhood” as seen on Oprah. Celebrity moms such as Cindy Crawford, Sela Ward, Mira Sorvino and Heidi Klum all have been seen wearing them.
The Atlanta-based company’s graphic tees, with such messages as “Rock N Rule Mom,” “Grateful Mom,” “Totally Mom,” “All Natural Mom,” “no preservatives added,” and many more, are available online at www.promomcouture.com and at select boutiques across the country. The core of the brand is a selection of fun, stylish and chic tshirts – with messages all aimed at communicating that today’s moms are vital, healthy, beautiful, balanced, together women who feel comfortable with the choices in life that they make, whatever those choices may be.
Promom couture President and Founder Vicki Stern-Brown stated, “We are redefining motherhood, one mom at a time. Fans of the line include numerous celebrity moms such as Cindy Crawford who featured promom couture as one of her ‘favorites’ on Oprah! As demand for our offerings continues to increase, it was imperative that we partnered with a company like Next that understood the importance of working with us to facilitate growth while also preserving brand integrity. Their ability to provide us with a seamless fulfillment program, and their similar corporate culture including a true hands-on management style, makes them acutely aware of the importance and value of remaining true to our loyal customers and ourselves.”
Robert Budd, Next Inc.’s CEO stated, “We are excited to be a part of the promom couture movement, anxiously looking forward to helping Vicki and her talented team continue to build this truly unique brand. Promom couture has been tremendously successful seeing demand surge since being mentioned on Oprah. This well-deserved national recognition, combined with quality, stylish product offerings celebrating motherhood is striking a chord with mothers everywhere, rapidly making promom couture a household name. What they needed is exactly what we recently established for flix 55, a comprehensive online fulfillment program that allows them to focus squarely on growth only. As promom couture’s partner, we believe we are uniquely positioned to assist them in this next phase of their growth strategy; one that is right in step with and compliments our own.”
About Next Inc. (http://www.nextinc.net)
Next, Inc. is a creative and innovative sales and marketing organization that designs, develops, markets and distributes licensed imprinted sportswear primarily through major college and university, motor sports and other major promotional key licensing agreements and the Company's own proprietary brands. Next is one of the dominant players in the highly fragmented imprinted sportswear industry.
The company has expanded its distribution to include e-commerce through which a significant amount of the Company's most popular licensed products is marketed. The most significant are www.campustraditionsusa.com, www.rpmsportsusa.com, www.americanbiker.com and www.americanwildlifeusa.com.
Modavox Announces Successful Global Pay-Per-View Broadcast Event for Eckhart Tolle
Wednesday March 12, 11:35 am ET
Sounds True Utilizes Patented BoomBox 2.0 Video for Global Event
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that through the use of its patented BoomBox Video box office software and partnership with Sounds True, it has successfully delivered a global live Internet Pay-Per-View event for bestselling author Eckhart Tolle. The event that was held at the sold-out Marin Veterans Memorial Auditorium in San Rafael, California on March 7 and 8.
The webcast audience nearly doubled the number of people that were able to experience the teachings of Eckhart Tolle live and could exceed 10,000 viewers through on-demand archive sales. The audience, spread across 40 countries and viewers, was drawn to the event environment through an extensive affiliate network program, included a video advertising model which delivered over 100,000 previews of the event, and incorporated YouTube driven video content for the promotion of Internet pay-per-view sales.
For more information or to order the archived event, please visit www.soundstrue.com/eckharttolle/events.php.
About Eckhart Tolle
Eckhart Tolle is widely recognized as one of the most original and inspiring spiritual teachers of our time. He travels and teaches throughout the world. Tolle is not aligned with any particular religion or tradition, but excludes none. His profound yet simple and practical teachings have helped thousands of people find inner peace, healing, and greater fulfillment in their lives. At the core of his teachings lies the transformation of individual and collective human consciousness — a global spiritual awakening. For more information, please visit www.eckharttolle.com.
About Sounds True
Sounds True is an independent multimedia publishing company that embraces the world’s major spiritual traditions, as well as the arts and humanities, embodied by the leading authors, teachers, and visionary artists of our time. For more information, please visit www.soundstrue.com.
About Modavox
Modavox, Inc., the customized content company is a pioneer in Internet broadcasting, producing and syndicating online audio and video, offering innovative, effective, and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet radio broadcasting, e-learning and rich media advertising. For more information, please visit www.modavox.com.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
Dutch Gold Resources Retains David Brown & Associates for Independent Third Party Assessment of Benton and Gold Bug Mines
Tuesday March 11, 10:00 am ET
ATLANTA, GA--(MARKET WIRE)--Mar 11, 2008 -- Dutch Gold Resources, Inc. (Other OTC:DGRI.PK - News), a developer and operator of proven gold mines and a regional mill in North America, today announced it has retained David Brown & Associates to provide an update of its independent third party assessments of the Benton and Gold Bug mines. David Brown & Associates originally conducted an assessment of the Benton Mine in the spring of 2006, which indicated total reserves of 279,000 ounces of gold, consisting of 44,000 proven and 235,000 of probable ounces of reserves. The company began a drilling program during the second quarter 2007, and believes that the drilling data as well as the additional veins explored warrant updating the earlier study.
Dan Hollis, Chief Executive Officer of Dutch Gold Resources, stated, "Given the extensive amount of development and exploration work we have done since our properties were last assessed, an update of these findings is warranted. David Brown & Associates has done exemplary work for us in the past and we look forward to the completion of this latest update on our properties and estimate of ore reserves. The methodology for the property assessments will include basic geometric shapes and standard three-dimensional vein modeling. The report will be done according to the NI 43-101 format which is standard in the industry. A preliminary report is expected to be completed by the end of the second quarter."
Dan Hollis continued, "As we near completion of our most recent financial statement for filing with the SEC, a current and accurate assessment of our assets is an important component to the process. This assessment is also necessary for developing affective and efficient mining plans in our operations. We have gathered a significant amount of information about the Benton Mine and have additional data on new areas that we have explored. Proper interpretation of this information is critical to helping us fully evaluate the scope of our resource and bring about mining plans for the future that are effective and efficient."
About Dutch Gold Resources, Inc.
In January 2007, Dutch Gold Resources, Inc. acquired Dutch Mining LLC, which was founded in 1994. Dutch Gold is engaged in the mining and processing of proven gold reserves in North America. The company's strategy is to focus on overlooked resources which can be quickly and cost-efficiently brought into production. The Company currently owns two mines in Southwestern Oregon, consisting of the Benton and Gold Bug mines. Operations resumed in March 2007 and the Company has begun a drilling program to prove up additional reserves and enhance future development. Please visit the Company's website for additional information at: www.dutchgoldresources.com.
Certain statements in this release, and other written or oral statements made by the company, including the use of the words "expect," anticipate," "estimate," "project," forecast," "outlook," "target," objective," "plan," "goal," "pursue," on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties another factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The company assumes no obligation and does not intend to update these forward-looking statements.
Contact:
Contact:
David K. Waldman /Klea K. Theoharis
Crescendo Communications, LLC
(212) 671-1020
PSCP shares up 42% on todays good news. Appears to be big marketplace for their services. Management appears to be executing their business plan. Typically don't like Pink sheet stocks but they appear to be in process of beoming current and moving to otcbb.
PSI Corp. Announces First Order of its Cash Express(TM) Kiosk/ATM
Monday March 10, 9:30 am ET
NEW YORK, March 10 /PRNewswire-FirstCall/ -- PSI Corp. (Pink Sheets: PSCP - News) a provider of customer facing, public access and self- service systems, today announced it has received a 10 unit order of its Cash Express(TM) Kiosk/ATM from Tellagent, a Credit Union Service Organization (CUSO) of Paragon Federal Credit Union. Paragon Federal Credit Union is one of the largest credit unions headquartered in New Jersey with over 62,000 members.
David Foni, chairman and CEO of PSI Corp. stated, "This purchase order is the first ever received by PSI Corp for its Cash Express(TM) Kiosk/ATM. It is indicative of the successful effort extended by both PSI Corp and Tellagent in developing a comprehensive solution for providing a bevy of services to credit union members on a 24 hour service level." Mr. Foni further stated, "PSI Corp anticipates that subsequent to a soon to be initiated 90 days beta test of its initial tranche of units, PSI Corp will be in a position to receive additional orders for its Cash Express(TM) Kiosks/ATM."
David Gardner, National Director of Sales for Tellagent LLC, a CUSO of Paragon Federal Credit Union, quotes Richard Rays, CEO of Paragon, "We are excited about the marketing opportunity afforded to us with the Cash Express(TM) Kiosk/ATM. It is an extraordinary device which will revolutionize the financial service industry. We are confident that this unit will permit our credit union, as well as over 8000 other credit unions, to have the ability to utilize the Cash Express(TM) Kiosk/ATM, expand both our memberships in the credit union and provide more sophisticated financial services to our existing members."
About PSI Corp: provides interactive customer communications systems and applications that support the targeted marketing programs at point-of-purchase (POP) service and information. The company has two vertical products: full motion video digital signage and full service Cash Express(TM) Kiosks/ATM. Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward- looking statements made by PSI Corp. are not a guarantee of future performance.
PSCP shares up 42% on todays good news. Appears to be big marketplace for their services. Management appears to be executing their business plan. Typically don't like Pink sheet stocks but they appear to be in process of beoming current and moving to otcbb.
PSI Corp. Announces First Order of its Cash Express(TM) Kiosk/ATM
Monday March 10, 9:30 am ET
NEW YORK, March 10 /PRNewswire-FirstCall/ -- PSI Corp. (Pink Sheets: PSCP - News) a provider of customer facing, public access and self- service systems, today announced it has received a 10 unit order of its Cash Express(TM) Kiosk/ATM from Tellagent, a Credit Union Service Organization (CUSO) of Paragon Federal Credit Union. Paragon Federal Credit Union is one of the largest credit unions headquartered in New Jersey with over 62,000 members.
David Foni, chairman and CEO of PSI Corp. stated, "This purchase order is the first ever received by PSI Corp for its Cash Express(TM) Kiosk/ATM. It is indicative of the successful effort extended by both PSI Corp and Tellagent in developing a comprehensive solution for providing a bevy of services to credit union members on a 24 hour service level." Mr. Foni further stated, "PSI Corp anticipates that subsequent to a soon to be initiated 90 days beta test of its initial tranche of units, PSI Corp will be in a position to receive additional orders for its Cash Express(TM) Kiosks/ATM."
David Gardner, National Director of Sales for Tellagent LLC, a CUSO of Paragon Federal Credit Union, quotes Richard Rays, CEO of Paragon, "We are excited about the marketing opportunity afforded to us with the Cash Express(TM) Kiosk/ATM. It is an extraordinary device which will revolutionize the financial service industry. We are confident that this unit will permit our credit union, as well as over 8000 other credit unions, to have the ability to utilize the Cash Express(TM) Kiosk/ATM, expand both our memberships in the credit union and provide more sophisticated financial services to our existing members."
About PSI Corp: provides interactive customer communications systems and applications that support the targeted marketing programs at point-of-purchase (POP) service and information. The company has two vertical products: full motion video digital signage and full service Cash Express(TM) Kiosks/ATM. Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward- looking statements made by PSI Corp. are not a guarantee of future performance.
Joe,
Do you know what the prices paid for YouTubes audience by Google was on a per unique visitor basis?
I still have no clue how that audience can be monetized as the content has such a diverse base of viewers and the audience is so vast. Most importantly, when they can't control the content like Modavox does, advertisers are forced to have their messages wasted on those who would never even be a qualified lead for them to begin with.
Pretty much a garbage in garbage out situation not conducive to monetization through online advertising.
SM
Modavox Releases Monthly Average Unique Visitors Statistics
Friday March 7, 12:16 pm ET
Company's January and February 2008 Average Monthly Unique Visitor Count in Excess of 5 Million
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, today announced that for the month of January and February 2008, the company had an average in excess of 5 million unique visitors to the company’s sites and on their patented advertising platform.
Stream Syndicate™, the Company’s new advertising platform, adopted by customers including WTVG (ABC O&O) Toledo, Quincy Newspapers with thirteen ABC, CBS, NBC television affiliates and two newspaper operations, Village Voice Media with thirty five community newspapers including well known New Times and Village Voice publications, and Gannett’s Arizona Daily Star and Arizona Republic’s AZCentral.com amongst others saw significant growth reaching almost 2.3 million unique visitors.
Nathaniel T. Bradley, Chief Technology Officer for Modavox: “We’re pleased with the considerable growth in our audience and unique visitor count to in excess of 5 million. Our figures indicate that in 2006, we had approximately 500,000 monthly average unique visitors while in 2007, we had roughly 2.2 million. To see current monthly averages now breaching the 5 million mark this early in the year is clearly very encouraging; especially in light of some of our just recently launched initiatives aimed at further enhancing audience growth.”
David J. Ide, Chief Executive Officer for Modavox, stated, “In this day and age where online advertisers are seeking to increase their return on investment for their online ad spending, through means such as targeted and behavioral advertising, it’s important to note that not only do we have a patented advertising platform that provides those features, but our Internet radio audience is primarily niche oriented. This combined with the fact that our typical user is indicated to stay online an average of 15-20 minutes, makes this audience potentially very ripe for online advertisers to monetize. Lastly, considering the multitude of completed acquisitions in the space that could serve as potential comparables for valuing unique visitors, we are led to believe that continued growth in our own audience will complement our on-going efforts toward building sustainable long term shareholder value.”
About Modavox
Modavox, Inc., a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising. More information about Modavox can be found at www.modavox.com
Anyone know the deal on EQST? Just hit my radar up 133%?
Yesterdays news seems to talk about 120 million in financing by a wealthy Indian guy who also came on as CFO.
Low volume but large move. Anyone familiar?
SM
Modavox Releases Monthly Average Unique Visitors Statistics
Friday March 7, 12:16 pm ET
Company's January and February 2008 Average Monthly Unique Visitor Count in Excess of 5 Million
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB: MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, today announced that for the month of January and February 2008, the company had an average in excess of 5 million unique visitors to the company’s sites and on their patented advertising platform.
Stream Syndicate™, the Company’s new advertising platform, adopted by customers including WTVG (ABC O&O) Toledo, Quincy Newspapers with thirteen ABC, CBS, NBC television affiliates and two newspaper operations, Village Voice Media with thirty five community newspapers including well known New Times and Village Voice publications, and Gannett’s Arizona Daily Star and Arizona Republic’s AZCentral.com amongst others saw significant growth reaching almost 2.3 million unique visitors.
Nathaniel T. Bradley, Chief Technology Officer for Modavox: “We’re pleased with the considerable growth in our audience and unique visitor count to in excess of 5 million. Our figures indicate that in 2006, we had approximately 500,000 monthly average unique visitors while in 2007, we had roughly 2.2 million. To see current monthly averages now breaching the 5 million mark this early in the year is clearly very encouraging; especially in light of some of our just recently launched initiatives aimed at further enhancing audience growth.”
David J. Ide, Chief Executive Officer for Modavox, stated, “In this day and age where online advertisers are seeking to increase their return on investment for their online ad spending, through means such as targeted and behavioral advertising, it’s important to note that not only do we have a patented advertising platform that provides those features, but our Internet radio audience is primarily niche oriented. This combined with the fact that our typical user is indicated to stay online an average of 15-20 minutes, makes this audience potentially very ripe for online advertisers to monetize. Lastly, considering the multitude of completed acquisitions in the space that could serve as potential comparables for valuing unique visitors, we are led to believe that continued growth in our own audience will complement our on-going efforts toward building sustainable long term shareholder value.”
About Modavox
Modavox, Inc., a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising. More information about Modavox can be found at www.modavox.com
Good post Joe!
You know this guy was apparently mentioned in Barrons. I don't like it as much as that other "Long Case for Modavox" one but it is good.
Could Modavox Be the Next Big Patent Licensor?
posted on: February 19, 2008
http://seekingalpha.com/article/65091-could-modavox-be-the-next-big-patent-licensor
For the past few months, I have had an ongoing dialogue with a reader who is close to Modavox (MDVX.OB). He’s a large shareholder, so assume that he is talking his book. But the story is certainly worth looking into.
Modavox has two main businesses:
1. Broadcast Media - basically just internet talk radio. This division was responsible for about 80% of revenues last quarter, but it's not where Modavox’s future lies.
2. Interactive Media - provides behaviorally-targeted advertising solutions and interactive e-learning platforms.
The numbers in a vacuum are not inspiring. For the first three quarters of its 2007 fiscal year, Modavox inked $2,531,779 in revenues, compared to $2,000,255 in the prior year, and lost $650,207, compared to a loss of $397,491 in 2006. At this run rate, Modavox has an enterprise value-to-sales ratio of 17.85, well above Google (GOOG)(9.11), Apple (AAPL) (3.44), and most other high fliers. Plus, its not profitable. Viewed without context, these numbers give little reason to get excited.
But with this stock, the context matters. Modavox has a few broad patents covering, among other things, behavioral targeting of internet ads. It has already brought a patent infringement suit against Tacoda, now a division of AOL (TWX). My source believes that scores of internet businesses could also be infringing on the patent portfolio. Think of Tacoda as a test case. If Modavox prevails and its patents are upheld, Modavox could be the next big patent licensor - the Patriot Scientific (PTSC.OB) of internet advertising. And unlike Patriot Scientific, Modavox is actually practicing the technology, so it shouldn’t be disadvantaged by last year’s Supreme Court ruling in KSR v. Teleflex.
The technology also could make Modavox an attractive buyout candidate. Both AOL (Tacoda) and Yahoo! (YHOO)(Blue Lithium) have recently bought behavioral advertising companies. I’m not sure if Modavox’s business has sufficient scale to justify a buyout, absent the patent bludgeon. That is why I’m focusing on the growth of the Interactive Media division. Revenues are very small now, but substantial growth here will likely be rewarded by the market and attract suitors.
Despite the potential, I’m not a buyer (yet). Modavox is overextended, and the potential patent and buyout catalysts may take some time to develop, if they do at all. For now, MDVX is on my watchlist.
DISCLOSURE: No position.
Good post Qualitystocks!
Posted by: QualityStocks
In reply to: None Date:3/3/2008 2:33:18 PM
Post #of 420
MDVX.OB Gaining Ground with Last Year’s Lawsuit?
There’s word on the street that Modavox, Inc. (OTCBB: MDVX) may spend some more time in the courtroom. The broadcast media/interactive media company holds various Internet advertising ads, and last year slapped Tacoda, a division of AOL (TWX), with a patent infringement suit.
The company’s broadcast media division generated roughly 80% of revenues last quarter. Its interactive media division develops behavioral targeted advertisements paired with interactive e-learning solutions - and that is where the issues begin. According to a contributing source of an editorial on SeekingAlpha.com, Tacoda may be viewed as a “test case.”
News of the Modavox’s lawsuit made ripples in the small-cap world last year, and some believe it’s the break of the new wave of behavioral advertising competition. We can distinctly remember the August day when Modavox released the news it would “take on” Tacoda, backed by Internet giant AOL. Journalistic lines were abuzz with questioning shareholders as the story topped small-cap headlines for weeks.
“Modavox’s commitment to innovation has yielded highly valuable patented intellectual property. Our management team, in conjunction with Fox Rothschild LLP, made a strategic business decision to design, create and execute a comprehensive plan in support of our patented process and technologies,” David Ide, CEO of Modavox previously stated. “We knew that decision would likely include pursuing enforcement through the legal system, and we are confident that the action we have taken today is an appropriate step on behalf of our shareholders and believe it will allow us to begin to reveal the true value of our patented intellectual property.”
Since then, AOL and Yahoo recently purchased such advertising companies, and, according to common speculation, if Modavox wins its suit, its Interactive Media division will take the spotlight.
MDVX shares continue to trade strong at 2-3X's average volume currently at the high of the day.
Still looking for eventual break to new multi-year highs. Shares currently 1.76.....new multi-year highs at 2.06.
Market down and this stock remains strong....I believe tape action remains constructive and telling.
SM
MDVX shares continue to trade strong at 2-3X's average volume currently at the high of the day.
Still looking for eventual break to new multi-year highs. Shares currently 1.76.....new multi-year highs at 2.06.
Market down and this stock remains strong....I believe tape action remains constructive and telling.
SM
MDVX shares continue to trade strong at 2-3X's average volume currently at the high of the day.
Still looking for eventual break to new multi-year highs. Shares currently 1.76.....new multi-year highs at 2.06.
Market down and this stock remains strong....I believe tape action remains constructive and telling.
SM
MDVX shares continue to trade strong at 2-3X's average volume currently at the high of the day.
Still looking for eventual break to new multi-year highs. Shares currently 1.76.....new multi-year highs at 2.06.
Market down and this stock remains strong....I believe tape action remains constructive and telling.
SM
MDVX shares continue to trade strong at 2-3X's average volume currently at the high of the day.
Still looking for eventual break to new multi-year highs. Shares currently 1.76.....new multi-year highs at 2.06.
Market down and this stock remains strong....I believe tape action remains constructive and telling.
SM
MDVX shares continuing slow grind higher under accumulation. Still expecting an assault on 2.05, previous multi-year highs. Smart money finally finding this undervalued company.
SM
Modavox to Launch New Stream Syndicate(TM) and BoomBox Video Releases
Thursday February 21, 8:30 am ET
Patented Advertising and Enterprise Platforms from Modavox to Empower Customers to Create and Manage Sophisticated Internet Based Media Networks
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that it has launched two technology product lines out of its Interactive Division. The software products include an advanced audio and video advertising delivery system called Stream Syndicate™ and a robust online video system called BoomBox Video 3.0. Both systems are built upon the patented infrastructure allowing content providers the ability to customize content for consumption by end users, using community based, geographic, demographic and even behavioral data.
Stream Syndicate™, the new brand name of the Modavox Advertising Platform, has been adopted by customers including WTVG (ABC O&O) Toledo, Quincy Newspapers with thirteen ABC, CBS, NBC television affiliates and two newspaper operations, Village Voice Media with thirty five community newspapers including well known New Times and Village Voice publications, and Gannet’s Arizona Daily Star and Arizona Republic’s AZCentral.com, amongst others.
BoomBox Video 3.0, the latest offering of the Modavox Enterprise Platform, will be utilized in a launch of a news distribution system for the Black Hills Pioneer’s South Dakota News Network in March that features a citizen journalist video submission system and advanced affiliate broadcasting capability. The system is also being utilized by West Virginia Media Holdings, Inc. supporting live remotes and on-demand news distribution for news operations throughout West Virginia.
Nathaniel Bradley, Chief Technology & Product Officer for Modavox, stated, "Our BoomBox Video product provides sophisticated geo-targeting, play list controls, pre-roll and audio visual advertising capabilities that set the Modavox offering apart from the competitors. Our patented systems enable the creation of complete urban news networks while allowing our news and media clients to instantly publish video that supports and supplements their traditional operation. For instance, a weekly news magazine with news personnel on the ground can break, control and monetize news stories within their service area. Our BoomBox Video platform was built with them in mind.”
“Stream Syndicate™ is a brand our company has been cultivating for years. Under this brand, we're pleased to be releasing what we believe to be the next generation of advertising delivery,” stated David Ide, Chief Executive Officer for Modavox. “This introduction leaves Modavox well positioned within the growing online advertising market. Most importantly, we are providing our customers with an advertising delivery platform that gives them more features for less of their advertising spend, a true win win. In fact, because we own our patented platform we can help our customers achieve greater margins and advertising yields through fixed cost solutions our competitors simply don’t offer.”
About Modavox
Modavox, Inc., a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising. More information about Modavox can be found at www.modavox.com.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
Modavox to Launch New Stream Syndicate(TM) and BoomBox Video Releases
Thursday February 21, 8:30 am ET
Patented Advertising and Enterprise Platforms from Modavox to Empower Customers to Create and Manage Sophisticated Internet Based Media Networks
PHOENIX--(BUSINESS WIRE)--Modavox, Inc. (OTCBB:MDVX - News), Internet broadcasting pioneer and holder of several patented technologies, announced today that it has launched two technology product lines out of its Interactive Division. The software products include an advanced audio and video advertising delivery system called Stream Syndicate™ and a robust online video system called BoomBox Video 3.0. Both systems are built upon the patented infrastructure allowing content providers the ability to customize content for consumption by end users, using community based, geographic, demographic and even behavioral data.
Stream Syndicate™, the new brand name of the Modavox Advertising Platform, has been adopted by customers including WTVG (ABC O&O) Toledo, Quincy Newspapers with thirteen ABC, CBS, NBC television affiliates and two newspaper operations, Village Voice Media with thirty five community newspapers including well known New Times and Village Voice publications, and Gannet’s Arizona Daily Star and Arizona Republic’s AZCentral.com, amongst others.
BoomBox Video 3.0, the latest offering of the Modavox Enterprise Platform, will be utilized in a launch of a news distribution system for the Black Hills Pioneer’s South Dakota News Network in March that features a citizen journalist video submission system and advanced affiliate broadcasting capability. The system is also being utilized by West Virginia Media Holdings, Inc. supporting live remotes and on-demand news distribution for news operations throughout West Virginia.
Nathaniel Bradley, Chief Technology & Product Officer for Modavox, stated, "Our BoomBox Video product provides sophisticated geo-targeting, play list controls, pre-roll and audio visual advertising capabilities that set the Modavox offering apart from the competitors. Our patented systems enable the creation of complete urban news networks while allowing our news and media clients to instantly publish video that supports and supplements their traditional operation. For instance, a weekly news magazine with news personnel on the ground can break, control and monetize news stories within their service area. Our BoomBox Video platform was built with them in mind.”
“Stream Syndicate™ is a brand our company has been cultivating for years. Under this brand, we're pleased to be releasing what we believe to be the next generation of advertising delivery,” stated David Ide, Chief Executive Officer for Modavox. “This introduction leaves Modavox well positioned within the growing online advertising market. Most importantly, we are providing our customers with an advertising delivery platform that gives them more features for less of their advertising spend, a true win win. In fact, because we own our patented platform we can help our customers achieve greater margins and advertising yields through fixed cost solutions our competitors simply don’t offer.”
About Modavox
Modavox, Inc., a pioneer in Internet broadcasting, producing and syndicating online audio and video, offers innovative, effective and comprehensive online tools for reaching targeted niche communities worldwide. Through patented Modavox technology, Modavox delivers content straight to desktops and Internet-enabled devices. Modavox provides managed access for live and on-demand Internet Radio Broadcasting, E-learning and Rich Media Advertising. More information about Modavox can be found at www.modavox.com.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Modavox's actual results to differ materially from those currently anticipated, including the risk factors identified in Modavox's filings with the Securities and Exchange Commission.
VTBD trying to garner a head of steam on todays news about a Rockefeller joining the BOD's
VitalTrust Announces Steven C. Rockefeller, Jr. to Join Board of Directors
Wednesday February 20, 9:00 am ET
Mr. Rockefeller to Take Active Role in Implementing the Strategic Vision of the Company in the Renewable Energy Market
TAMPA, Fla.--(BUSINESS WIRE)--VitalTrust Business Development Company (OTCBB:VTBD - News) (“VTBD” or the “Company”) announces the appointment of Steven C. Rockefeller, Jr. to the Company’s Board of Directors. Mr. Rockefeller is the first in a number of new board members, that the Company intends to appoint, who not only provide significant executive level experience but who also share the Company’s vision to become a leading provider of vertically integrated renewable energy solutions in Bio-Diesel, Ethanol, Wind, and Solar.
ADVERTISEMENT
“We are extremely pleased that Mr. Rockefeller has agreed to join our Board of Directors and shares our commitment to change the model by which renewable energy is delivered both in the United States and abroad,” commented Alex H. Edwards III, VitalTrust CEO. “Steven’s executive leadership and financial background as well as his worldwide business experience make him perfect for the active role he is going to take with the Company.”
"In its infancy, oil was an alternative energy source to wood and coal. The Rockefeller name is historically associated with the origination of the oil and energy business, as well as the underlying financial modeling which allowed its growth," stated Steven C. Rockefeller, Jr. "I look forward to bringing that same structure to today's alternative sources which will facilitate long-term, sustainable energy solutions."
Mr. Rockefeller is the President of Education Adventures, which creates family friendly entertainment to empower children to make better safety-related decisions. Prior to this Mr. Rockefeller served as a Managing Director for Deutsche Bank Private Wealth Management. He was a key participant in the creation of the Deutsche Bank Microcredit Development Fund, a unique partnership between the bank and its clients to support microcredit programs worldwide. Mr. Rockefeller also serves on the Board of Directors of the Soros Economic Development Fund and the Deutsche Bank Microcredit Development Fund. In addition, he serves on the Board of the Rockefeller Philanthropy Advisors, and is a member of The Rockefeller University Council and the YMCA-YWCA Camping Services Council. He holds a Master’s Degree of Public and Private Management for Yale University and a Bachelor of Arts from Fairfield University.
DGRI Dutch Gold Resources finally starting to move on back of recent strength in gold.
SM
DGRI Dutch Gold Resources finally starting to move on back of recent strength in gold.
SM
VitalTrust Announces Steven C. Rockefeller, Jr. to Join Board of Directors
Wednesday February 20, 9:00 am ET
Mr. Rockefeller to Take Active Role in Implementing the Strategic Vision of the Company in the Renewable Energy Market
TAMPA, Fla.--(BUSINESS WIRE)--VitalTrust Business Development Company (OTCBB:VTBD - News) (“VTBD” or the “Company”) announces the appointment of Steven C. Rockefeller, Jr. to the Company’s Board of Directors. Mr. Rockefeller is the first in a number of new board members, that the Company intends to appoint, who not only provide significant executive level experience but who also share the Company’s vision to become a leading provider of vertically integrated renewable energy solutions in Bio-Diesel, Ethanol, Wind, and Solar.
ADVERTISEMENT
“We are extremely pleased that Mr. Rockefeller has agreed to join our Board of Directors and shares our commitment to change the model by which renewable energy is delivered both in the United States and abroad,” commented Alex H. Edwards III, VitalTrust CEO. “Steven’s executive leadership and financial background as well as his worldwide business experience make him perfect for the active role he is going to take with the Company.”
"In its infancy, oil was an alternative energy source to wood and coal. The Rockefeller name is historically associated with the origination of the oil and energy business, as well as the underlying financial modeling which allowed its growth," stated Steven C. Rockefeller, Jr. "I look forward to bringing that same structure to today's alternative sources which will facilitate long-term, sustainable energy solutions."
Mr. Rockefeller is the President of Education Adventures, which creates family friendly entertainment to empower children to make better safety-related decisions. Prior to this Mr. Rockefeller served as a Managing Director for Deutsche Bank Private Wealth Management. He was a key participant in the creation of the Deutsche Bank Microcredit Development Fund, a unique partnership between the bank and its clients to support microcredit programs worldwide. Mr. Rockefeller also serves on the Board of Directors of the Soros Economic Development Fund and the Deutsche Bank Microcredit Development Fund. In addition, he serves on the Board of the Rockefeller Philanthropy Advisors, and is a member of The Rockefeller University Council and the YMCA-YWCA Camping Services Council. He holds a Master’s Degree of Public and Private Management for Yale University and a Bachelor of Arts from Fairfield University.
VitalTrust Announces Steven C. Rockefeller, Jr. to Join Board of Directors
Wednesday February 20, 9:00 am ET
Mr. Rockefeller to Take Active Role in Implementing the Strategic Vision of the Company in the Renewable Energy Market
TAMPA, Fla.--(BUSINESS WIRE)--VitalTrust Business Development Company (OTCBB:VTBD - News) (“VTBD” or the “Company”) announces the appointment of Steven C. Rockefeller, Jr. to the Company’s Board of Directors. Mr. Rockefeller is the first in a number of new board members, that the Company intends to appoint, who not only provide significant executive level experience but who also share the Company’s vision to become a leading provider of vertically integrated renewable energy solutions in Bio-Diesel, Ethanol, Wind, and Solar.
ADVERTISEMENT
“We are extremely pleased that Mr. Rockefeller has agreed to join our Board of Directors and shares our commitment to change the model by which renewable energy is delivered both in the United States and abroad,” commented Alex H. Edwards III, VitalTrust CEO. “Steven’s executive leadership and financial background as well as his worldwide business experience make him perfect for the active role he is going to take with the Company.”
"In its infancy, oil was an alternative energy source to wood and coal. The Rockefeller name is historically associated with the origination of the oil and energy business, as well as the underlying financial modeling which allowed its growth," stated Steven C. Rockefeller, Jr. "I look forward to bringing that same structure to today's alternative sources which will facilitate long-term, sustainable energy solutions."
Mr. Rockefeller is the President of Education Adventures, which creates family friendly entertainment to empower children to make better safety-related decisions. Prior to this Mr. Rockefeller served as a Managing Director for Deutsche Bank Private Wealth Management. He was a key participant in the creation of the Deutsche Bank Microcredit Development Fund, a unique partnership between the bank and its clients to support microcredit programs worldwide. Mr. Rockefeller also serves on the Board of Directors of the Soros Economic Development Fund and the Deutsche Bank Microcredit Development Fund. In addition, he serves on the Board of the Rockefeller Philanthropy Advisors, and is a member of The Rockefeller University Council and the YMCA-YWCA Camping Services Council. He holds a Master’s Degree of Public and Private Management for Yale University and a Bachelor of Arts from Fairfield University.
The Latest from The Microcap Speculator
Could Modavox (MDVX.OB) be the next big patent licensor?
For the past few months, I have had an ongoing dialogue with a reader who is close to Modavox (MDVX.OB). He’s a large shareholder, so assume that he is talking his book. But the story is certainly worth looking into.
Modavox has two main businesses:
1. Broadcast Media - basically just internet talk radio. This division was responsible for about 80% of revenues last quarter, but its not where Modavox’s future lies.
2. Interactive Media - provides behaviorally-targeted advertising solutions and interactive e-learning platforms.
The numbers in a vacuum are not inspiring. For the first three quarters of its 2007 fiscal year, Modavox inked $2,531,779 in revenues, compared to $2,000,255 in the prior year, and lost $650,207, compared to a loss of $397,491 in 2006. At this run rate, Modavox has an enterprise value-to-sales ratio of 17.85, well above Google (9.11), Apple (3.44), and most other high flyers. Plus, its not profitable. Viewed without context, these numbers give little reason to get excited.
But with this stock, the context matters. Modavox has a few broad patents covering, among other things, behavioral targeting of internet ads. It has already brought a patent infringement suit against Tacoda, now a division of AOL. My source believes that scores of internet businesses could also be infringing on the patent portfolio. Think of Tacoda as a test case. If Modavox prevails and its patents are upheld, Modavox could be the next big patent licensor - the Patriot Scientific (PTSC.OB) of internet advertising. And unlike Patriot Scientific, Modavox is actually practising the technology so it shouldn’t be disadvantaged by last year’s Supreme Court ruling in KSR v. Teleflex.
The technology also could make Modavox an attractive buyout candidate. Both AOL (Tacoda) and Yahoo! (Blue Lithium) have recently bought behavioral advertising companies. I’m not sure if Modavox’s business has sufficient scale to justify a buyout, absent the patent bludgeon. That is why I’m focusing on the growth of the Interactive Media division. Revenues are very small now, but substantial growth here will likely be rewarded by the market and attract suitors.
Despite the potential, I’m not a buyer (yet). Modavox is overextended, and the potential patent and buyout catalysts may take some time to develop, if they do at all. For now, MDVX is on my watchlist. If you have anything to add on Modavox, please leave a comment.
The Latest from The Microcap Speculator
Could Modavox (MDVX.OB) be the next big patent licensor?
Posted: 18 Feb 2008 11:21 PM CST
For the past few months, I have had an ongoing dialogue with a reader who is close to Modavox (MDVX.OB). He’s a large shareholder, so assume that he is talking his book. But the story is certainly worth looking into.
Modavox has two main businesses:
1. Broadcast Media - basically just internet talk radio. This division was responsible for about 80% of revenues last quarter, but its not where Modavox’s future lies.
2. Interactive Media - provides behaviorally-targeted advertising solutions and interactive e-learning platforms.
The numbers in a vacuum are not inspiring. For the first three quarters of its 2007 fiscal year, Modavox inked $2,531,779 in revenues, compared to $2,000,255 in the prior year, and lost $650,207, compared to a loss of $397,491 in 2006. At this run rate, Modavox has an enterprise value-to-sales ratio of 17.85, well above Google (9.11), Apple (3.44), and most other high flyers. Plus, its not profitable. Viewed without context, these numbers give little reason to get excited.
But with this stock, the context matters. Modavox has a few broad patents covering, among other things, behavioral targeting of internet ads. It has already brought a patent infringement suit against Tacoda, now a division of AOL. My source believes that scores of internet businesses could also be infringing on the patent portfolio. Think of Tacoda as a test case. If Modavox prevails and its patents are upheld, Modavox could be the next big patent licensor - the Patriot Scientific (PTSC.OB) of internet advertising. And unlike Patriot Scientific, Modavox is actually practising the technology so it shouldn’t be disadvantaged by last year’s Supreme Court ruling in KSR v. Teleflex.
The technology also could make Modavox an attractive buyout candidate. Both AOL (Tacoda) and Yahoo! (Blue Lithium) have recently bought behavioral advertising companies. I’m not sure if Modavox’s business has sufficient scale to justify a buyout, absent the patent bludgeon. That is why I’m focusing on the growth of the Interactive Media division. Revenues are very small now, but substantial growth here will likely be rewarded by the market and attract suitors.
Despite the potential, I’m not a buyer (yet). Modavox is overextended, and the potential patent and buyout catalysts may take some time to develop, if they do at all. For now, MDVX is on my watchlist. If you have anything to add on Modavox, please leave a comment.
I'd agree!
SM
Interesting find. That was from the Microcap Speculator correct?
SM
MDVX closed at HOD up over 7% on 3X's average volume. Very encouraging tape action.
SM
MDVX up 7% on volume far in excess of average.
SM
MDVX showing continued strength up another 4% today on above average volume.
SM