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Look what I found and where it leads to.
Any Idea what this is and why it is linked to OC?
www.fuegotelevision.com
My undervalue stock pick is FUGO
www.fuegoentertainment.net
Fund Manager, Thomas Herzfeld, states in semi-annual report: "We have recently made a few notable changes to the Fund’s portfolio. For instance,after the semi-annual period, our position in The Mexico Fund (MXF)was sold in January for approximately a 41% profi t. Also, at the end of last year we added some speculative positions to the portfolio. One of these companies,Fuego Entertainment (FUGO), is headed by Hugo Cancio, a prominent, highly regarded Cuban-American. In October, Fuego announced it has entered into an agreement to license a feature film depicting the story of Los Zafiros, a popular
Cuban vocal quartet in the 1960’s. Fuego is primarily engaged in the media and entertainment business."
Herzfeld Carribean Fund (CUBA)is buying Fuego stock! Read page 4 of Herzfeld semi-annual report ... http://www.herzfeld.com/Semi-Ann12-06.pdf
I believe whether or not Mr. Herzfeld is a Billionaire is totally irrelevant, this is not Cuba’s forum... What is relevant and very interesting is that he has decided to take a position in Fuego Entertainment (FUGO). Why?
“Our portfolio strategy remains unchanged. We seek to invest in companies that we
Believe will do well even if the trade embargo with Cuba is not lifted; but at the
same time, we place emphasis on companies which will benefit t from resumption
of trade with that country. Once U.S. law permits,”
It is obvious that he sees potential in FUGO now and even more after the US trade restrictions are lifted
Show Headlines »
( DJ ) 02/01 03:00PM =DJ TIP SHEET: Herzfeld Caribbean Fund Hopes For Capitalist Cuba
By Angela Pruitt
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Herzfeld Caribbean Basin Fund has long prepared for a
capitalist renaissance in Cuba once leader Fidel Castro dies. Now the fund
seems poised to reap hefty profits as Castro's long-time reign over the tiny
Communist nation appears to be in its final days.
Thomas Herzfeld created the closed-end fund (its ticker symbol is CUBA) 14
years ago in Miami amid speculation that Castro's health was taking a turn for
the worse and the U.S. was planning to lift its 45-year embargo against Cuba.
"At the time, no one wanted to underwrite it. We did it ourselves," Herzfeld
said. "Our belief was once trade is resumed in Cuba there will be a boom in
the country. Because (that market) is starting from such a low economic base,
the percentage in gains would be phenomenal."
After Castro's ailing health last July forced the 80-year-old to temporarily
relinquish power to his brother, Herzfeld anticipated that the end of economic
sanctions might also be near. The market appears to be making the same bet.
CUBA, traded on the Nasdaq Capital Market, is a closed-end fund. This type
of investment vehicle issues a set number of shares, which trade on an
exchange like stocks. Those shares have their own supply-and-demand
fundamentals and usually trade at a discount or premium to the value of the
assets held by the fund. New investors can purchase shares in the fund in the
secondary market.
The fund's shares are trading at a 78% premium to its net asset value of
$8.33, marking a record high as of Wednesday's closing. Its share price gained
114% in 2006, according to the Closed-End Fund Association. The Standard &
Poor's 500 stock index, in comparison, rose 15.8% in 2006.
Herzfeld outlined three strategies for the fund, which has assets over $14
million.
First, he said, they invest in companies that will perform well, regardless
of whether the U.S. embargo of Cuba is lifted. One of the top holdings in the
fund is Florida East Coast Industries Inc. (FLA), which operates a freight
railroad between Jacksonville and Miami.
Herzfeld believes a significant amount of freight going to and from Cuba
will be transported on this railroad. The rail operator is also
well-positioned to operate a rail barge between Cuba and the U.S., he said.
Another top holding is Seaboard Corp. (SEB), an international agribusiness
and transportation company that operates a large fleet of container ships
throughout the Caribbean.
"Between the combination of food and shipping, it has a strategic (opening)
for the lifting of the embargo," Herzfeld said.
The fund's second strategy is investing in companies that would receive a
lot of new business in a "free" Cuba, such as Trailer Bridge Inc. (TRBR). This
is a cargo company with ships, trucks and delivery routes between the U.S and
Puerto Rico. "Their ships are shallow-draft vessels, very well-suited for the
ports in Cuba, most of which do not have deep water," Herzfeld said.
The third strategy is searching out speculative companies and investments
that reflect a purer Cuban play.
Herzfeld recommends Fuego Entertainment Inc. (FUGO), which is headed by Hugo
Cancio, a prominent Cuban-American in the entertainment business who just
acquired rights to license a feature film depicting the story of Los Zafiros,
a popular Cuban quartet in the 1960s.
Herzfeld also likes Cuban Electric Co. (CGAR), a thinly traded
American-owned business. The company's plants were seized by Castro after the
Communist revolution, and has prior claims filed with the U.S. State
Department for about $80 per share plus interest, Herzfeld said.
"They have about $6 per share in the bank in the U.S. and we acquired stock
for the fund at about $8 per share," he said.
Another top pick is Cuba's defaulted sovereign debt due in 1977, carrying a
4% coupon.
"We believe this would be the best issue to own," Herzfeld said. He pointed
out that the debt was issued more than 30 years before Castro came to power in
1959 and it is relatively small in size: roughly $50 million, which can be
easily repaid.
"We are currently carrying the position with a value of zero," he said.
(Angela Pruitt covers the entertainment industry for Dow Jones Newswires.)
-By Angela Pruitt, Dow Jones Newswires; 201-938-2269,
angela.pruitt@dowjones.com
(END) Dow Jones Newswires
02-01-07 1500ET
Copyright (c) 2007 Dow Jones & Company, Inc.
Story Page 1 of 2
http://news.ilx.net/basictext.psp 2/1/2007
CGAR CUBA DJDAY FLA FUGO SEB TRBR I / BRD I / CEF I / EXT I / FOD I / MAR I / MED I / MOV I / OFP I / RAI I / XDJGI I / XNYA I / XRUS P/ 70715
N/ DJN N/ DJWB N/ AGC N/ CMD N/ CNW N/ DDY N/ DJPN N/ DJS N/ DJSS N/ DJWI N/ ETF N/ FCTV N/ HGS N/ HI Y N/ I I D N/ TSH M/ CYC M/ FCL
M/ I DU M/ NCY M/ NND P/ DJCS R/ CU R/ FL R/ KS R/ LTM R/ NME R/ US R/ USC R/ USS R/ WI S
Story Page 2 of 2
http://news.ilx.net/basictext.psp 2/1/2007
Show Headlines »
( DJ ) 02/01 03:00PM =DJ TIP SHEET: Herzfeld Caribbean Fund Hopes For Capitalist Cuba
By Angela Pruitt
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Herzfeld Caribbean Basin Fund has long prepared for a
capitalist renaissance in Cuba once leader Fidel Castro dies. Now the fund
seems poised to reap hefty profits as Castro's long-time reign over the tiny
Communist nation appears to be in its final days.
Thomas Herzfeld created the closed-end fund (its ticker symbol is CUBA) 14
years ago in Miami amid speculation that Castro's health was taking a turn for
the worse and the U.S. was planning to lift its 45-year embargo against Cuba.
"At the time, no one wanted to underwrite it. We did it ourselves," Herzfeld
said. "Our belief was once trade is resumed in Cuba there will be a boom in
the country. Because (that market) is starting from such a low economic base,
the percentage in gains would be phenomenal."
After Castro's ailing health last July forced the 80-year-old to temporarily
relinquish power to his brother, Herzfeld anticipated that the end of economic
sanctions might also be near. The market appears to be making the same bet.
CUBA, traded on the Nasdaq Capital Market, is a closed-end fund. This type
of investment vehicle issues a set number of shares, which trade on an
exchange like stocks. Those shares have their own supply-and-demand
fundamentals and usually trade at a discount or premium to the value of the
assets held by the fund. New investors can purchase shares in the fund in the
secondary market.
The fund's shares are trading at a 78% premium to its net asset value of
$8.33, marking a record high as of Wednesday's closing. Its share price gained
114% in 2006, according to the Closed-End Fund Association. The Standard &
Poor's 500 stock index, in comparison, rose 15.8% in 2006.
Herzfeld outlined three strategies for the fund, which has assets over $14
million.
First, he said, they invest in companies that will perform well, regardless
of whether the U.S. embargo of Cuba is lifted. One of the top holdings in the
fund is Florida East Coast Industries Inc. (FLA), which operates a freight
railroad between Jacksonville and Miami.
Herzfeld believes a significant amount of freight going to and from Cuba
will be transported on this railroad. The rail operator is also
well-positioned to operate a rail barge between Cuba and the U.S., he said.
Another top holding is Seaboard Corp. (SEB), an international agribusiness
and transportation company that operates a large fleet of container ships
throughout the Caribbean.
"Between the combination of food and shipping, it has a strategic (opening)
for the lifting of the embargo," Herzfeld said.
The fund's second strategy is investing in companies that would receive a
lot of new business in a "free" Cuba, such as Trailer Bridge Inc. (TRBR). This
is a cargo company with ships, trucks and delivery routes between the U.S and
Puerto Rico. "Their ships are shallow-draft vessels, very well-suited for the
ports in Cuba, most of which do not have deep water," Herzfeld said.
The third strategy is searching out speculative companies and investments
that reflect a purer Cuban play.
Herzfeld recommends Fuego Entertainment Inc. (FUGO), which is headed by Hugo
Cancio, a prominent Cuban-American in the entertainment business who just
acquired rights to license a feature film depicting the story of Los Zafiros,
a popular Cuban quartet in the 1960s.
Herzfeld also likes Cuban Electric Co. (CGAR), a thinly traded
American-owned business. The company's plants were seized by Castro after the
Communist revolution, and has prior claims filed with the U.S. State
Department for about $80 per share plus interest, Herzfeld said.
"They have about $6 per share in the bank in the U.S. and we acquired stock
for the fund at about $8 per share," he said.
Another top pick is Cuba's defaulted sovereign debt due in 1977, carrying a
4% coupon.
"We believe this would be the best issue to own," Herzfeld said. He pointed
out that the debt was issued more than 30 years before Castro came to power in
1959 and it is relatively small in size: roughly $50 million, which can be
easily repaid.
"We are currently carrying the position with a value of zero," he said.
(Angela Pruitt covers the entertainment industry for Dow Jones Newswires.)
-By Angela Pruitt, Dow Jones Newswires; 201-938-2269,
angela.pruitt@dowjones.com
(END) Dow Jones Newswires
02-01-07 1500ET
Copyright (c) 2007 Dow Jones & Company, Inc.
Story Page 1 of 2
http://news.ilx.net/basictext.psp 2/1/2007
CGAR CUBA DJDAY FLA FUGO SEB TRBR I / BRD I / CEF I / EXT I / FOD I / MAR I / MED I / MOV I / OFP I / RAI I / XDJGI I / XNYA I / XRUS P/ 70715
N/ DJN N/ DJWB N/ AGC N/ CMD N/ CNW N/ DDY N/ DJPN N/ DJS N/ DJSS N/ DJWI N/ ETF N/ FCTV N/ HGS N/ HI Y N/ I I D N/ TSH M/ CYC M/ FCL
M/ I DU M/ NCY M/ NND P/ DJCS R/ CU R/ FL R/ KS R/ LTM R/ NME R/ US R/ USC R/ USS R/ WI S
Story Page 2 of 2
http://news.ilx.net/basictext.psp 2/1/2007
Show Headlines »
( DJ ) 02/01 03:00PM =DJ TIP SHEET: Herzfeld Caribbean Fund Hopes For Capitalist Cuba
By Angela Pruitt
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Herzfeld Caribbean Basin Fund has long prepared for a
capitalist renaissance in Cuba once leader Fidel Castro dies. Now the fund
seems poised to reap hefty profits as Castro's long-time reign over the tiny
Communist nation appears to be in its final days.
Thomas Herzfeld created the closed-end fund (its ticker symbol is CUBA) 14
years ago in Miami amid speculation that Castro's health was taking a turn for
the worse and the U.S. was planning to lift its 45-year embargo against Cuba.
"At the time, no one wanted to underwrite it. We did it ourselves," Herzfeld
said. "Our belief was once trade is resumed in Cuba there will be a boom in
the country. Because (that market) is starting from such a low economic base,
the percentage in gains would be phenomenal."
After Castro's ailing health last July forced the 80-year-old to temporarily
relinquish power to his brother, Herzfeld anticipated that the end of economic
sanctions might also be near. The market appears to be making the same bet.
CUBA, traded on the Nasdaq Capital Market, is a closed-end fund. This type
of investment vehicle issues a set number of shares, which trade on an
exchange like stocks. Those shares have their own supply-and-demand
fundamentals and usually trade at a discount or premium to the value of the
assets held by the fund. New investors can purchase shares in the fund in the
secondary market.
The fund's shares are trading at a 78% premium to its net asset value of
$8.33, marking a record high as of Wednesday's closing. Its share price gained
114% in 2006, according to the Closed-End Fund Association. The Standard &
Poor's 500 stock index, in comparison, rose 15.8% in 2006.
Herzfeld outlined three strategies for the fund, which has assets over $14
million.
First, he said, they invest in companies that will perform well, regardless
of whether the U.S. embargo of Cuba is lifted. One of the top holdings in the
fund is Florida East Coast Industries Inc. (FLA), which operates a freight
railroad between Jacksonville and Miami.
Herzfeld believes a significant amount of freight going to and from Cuba
will be transported on this railroad. The rail operator is also
well-positioned to operate a rail barge between Cuba and the U.S., he said.
Another top holding is Seaboard Corp. (SEB), an international agribusiness
and transportation company that operates a large fleet of container ships
throughout the Caribbean.
"Between the combination of food and shipping, it has a strategic (opening)
for the lifting of the embargo," Herzfeld said.
The fund's second strategy is investing in companies that would receive a
lot of new business in a "free" Cuba, such as Trailer Bridge Inc. (TRBR). This
is a cargo company with ships, trucks and delivery routes between the U.S and
Puerto Rico. "Their ships are shallow-draft vessels, very well-suited for the
ports in Cuba, most of which do not have deep water," Herzfeld said.
The third strategy is searching out speculative companies and investments
that reflect a purer Cuban play.
Herzfeld recommends Fuego Entertainment Inc. (FUGO), which is headed by Hugo
Cancio, a prominent Cuban-American in the entertainment business who just
acquired rights to license a feature film depicting the story of Los Zafiros,
a popular Cuban quartet in the 1960s.
Herzfeld also likes Cuban Electric Co. (CGAR), a thinly traded
American-owned business. The company's plants were seized by Castro after the
Communist revolution, and has prior claims filed with the U.S. State
Department for about $80 per share plus interest, Herzfeld said.
"They have about $6 per share in the bank in the U.S. and we acquired stock
for the fund at about $8 per share," he said.
Another top pick is Cuba's defaulted sovereign debt due in 1977, carrying a
4% coupon.
"We believe this would be the best issue to own," Herzfeld said. He pointed
out that the debt was issued more than 30 years before Castro came to power in
1959 and it is relatively small in size: roughly $50 million, which can be
easily repaid.
"We are currently carrying the position with a value of zero," he said.
(Angela Pruitt covers the entertainment industry for Dow Jones Newswires.)
-By Angela Pruitt, Dow Jones Newswires; 201-938-2269,
angela.pruitt@dowjones.com
(END) Dow Jones Newswires
02-01-07 1500ET
Copyright (c) 2007 Dow Jones & Company, Inc.
Story Page 1 of 2
http://news.ilx.net/basictext.psp 2/1/2007
CGAR CUBA DJDAY FLA FUGO SEB TRBR I / BRD I / CEF I / EXT I / FOD I / MAR I / MED I / MOV I / OFP I / RAI I / XDJGI I / XNYA I / XRUS P/ 70715
N/ DJN N/ DJWB N/ AGC N/ CMD N/ CNW N/ DDY N/ DJPN N/ DJS N/ DJSS N/ DJWI N/ ETF N/ FCTV N/ HGS N/ HI Y N/ I I D N/ TSH M/ CYC M/ FCL
M/ I DU M/ NCY M/ NND P/ DJCS R/ CU R/ FL R/ KS R/ LTM R/ NME R/ US R/ USC R/ USS R/ WI S
Story Page 2 of 2
http://news.ilx.net/basictext.psp 2/1/2007
Show Headlines »
( DJ ) 02/01 03:00PM =DJ TIP SHEET: Herzfeld Caribbean Fund Hopes For Capitalist Cuba
By Angela Pruitt
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Herzfeld Caribbean Basin Fund has long prepared for a
capitalist renaissance in Cuba once leader Fidel Castro dies. Now the fund
seems poised to reap hefty profits as Castro's long-time reign over the tiny
Communist nation appears to be in its final days.
Thomas Herzfeld created the closed-end fund (its ticker symbol is CUBA) 14
years ago in Miami amid speculation that Castro's health was taking a turn for
the worse and the U.S. was planning to lift its 45-year embargo against Cuba.
"At the time, no one wanted to underwrite it. We did it ourselves," Herzfeld
said. "Our belief was once trade is resumed in Cuba there will be a boom in
the country. Because (that market) is starting from such a low economic base,
the percentage in gains would be phenomenal."
After Castro's ailing health last July forced the 80-year-old to temporarily
relinquish power to his brother, Herzfeld anticipated that the end of economic
sanctions might also be near. The market appears to be making the same bet.
CUBA, traded on the Nasdaq Capital Market, is a closed-end fund. This type
of investment vehicle issues a set number of shares, which trade on an
exchange like stocks. Those shares have their own supply-and-demand
fundamentals and usually trade at a discount or premium to the value of the
assets held by the fund. New investors can purchase shares in the fund in the
secondary market.
The fund's shares are trading at a 78% premium to its net asset value of
$8.33, marking a record high as of Wednesday's closing. Its share price gained
114% in 2006, according to the Closed-End Fund Association. The Standard &
Poor's 500 stock index, in comparison, rose 15.8% in 2006.
Herzfeld outlined three strategies for the fund, which has assets over $14
million.
First, he said, they invest in companies that will perform well, regardless
of whether the U.S. embargo of Cuba is lifted. One of the top holdings in the
fund is Florida East Coast Industries Inc. (FLA), which operates a freight
railroad between Jacksonville and Miami.
Herzfeld believes a significant amount of freight going to and from Cuba
will be transported on this railroad. The rail operator is also
well-positioned to operate a rail barge between Cuba and the U.S., he said.
Another top holding is Seaboard Corp. (SEB), an international agribusiness
and transportation company that operates a large fleet of container ships
throughout the Caribbean.
"Between the combination of food and shipping, it has a strategic (opening)
for the lifting of the embargo," Herzfeld said.
The fund's second strategy is investing in companies that would receive a
lot of new business in a "free" Cuba, such as Trailer Bridge Inc. (TRBR). This
is a cargo company with ships, trucks and delivery routes between the U.S and
Puerto Rico. "Their ships are shallow-draft vessels, very well-suited for the
ports in Cuba, most of which do not have deep water," Herzfeld said.
The third strategy is searching out speculative companies and investments
that reflect a purer Cuban play.
Herzfeld recommends Fuego Entertainment Inc. (FUGO), which is headed by Hugo
Cancio, a prominent Cuban-American in the entertainment business who just
acquired rights to license a feature film depicting the story of Los Zafiros,
a popular Cuban quartet in the 1960s.
Herzfeld also likes Cuban Electric Co. (CGAR), a thinly traded
American-owned business. The company's plants were seized by Castro after the
Communist revolution, and has prior claims filed with the U.S. State
Department for about $80 per share plus interest, Herzfeld said.
"They have about $6 per share in the bank in the U.S. and we acquired stock
for the fund at about $8 per share," he said.
Another top pick is Cuba's defaulted sovereign debt due in 1977, carrying a
4% coupon.
"We believe this would be the best issue to own," Herzfeld said. He pointed
out that the debt was issued more than 30 years before Castro came to power in
1959 and it is relatively small in size: roughly $50 million, which can be
easily repaid.
"We are currently carrying the position with a value of zero," he said.
(Angela Pruitt covers the entertainment industry for Dow Jones Newswires.)
-By Angela Pruitt, Dow Jones Newswires; 201-938-2269,
angela.pruitt@dowjones.com
(END) Dow Jones Newswires
02-01-07 1500ET
Copyright (c) 2007 Dow Jones & Company, Inc.
Story Page 1 of 2
http://news.ilx.net/basictext.psp 2/1/2007
CGAR CUBA DJDAY FLA FUGO SEB TRBR I / BRD I / CEF I / EXT I / FOD I / MAR I / MED I / MOV I / OFP I / RAI I / XDJGI I / XNYA I / XRUS P/ 70715
N/ DJN N/ DJWB N/ AGC N/ CMD N/ CNW N/ DDY N/ DJPN N/ DJS N/ DJSS N/ DJWI N/ ETF N/ FCTV N/ HGS N/ HI Y N/ I I D N/ TSH M/ CYC M/ FCL
M/ I DU M/ NCY M/ NND P/ DJCS R/ CU R/ FL R/ KS R/ LTM R/ NME R/ US R/ USC R/ USS R/ WI S
Story Page 2 of 2
http://news.ilx.net/basictext.psp 2/1/2007
Show Headlines »
( DJ ) 02/01 03:00PM =DJ TIP SHEET: Herzfeld Caribbean Fund Hopes For Capitalist Cuba
By Angela Pruitt
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--Herzfeld Caribbean Basin Fund has long prepared for a
capitalist renaissance in Cuba once leader Fidel Castro dies. Now the fund
seems poised to reap hefty profits as Castro's long-time reign over the tiny
Communist nation appears to be in its final days.
Thomas Herzfeld created the closed-end fund (its ticker symbol is CUBA) 14
years ago in Miami amid speculation that Castro's health was taking a turn for
the worse and the U.S. was planning to lift its 45-year embargo against Cuba.
"At the time, no one wanted to underwrite it. We did it ourselves," Herzfeld
said. "Our belief was once trade is resumed in Cuba there will be a boom in
the country. Because (that market) is starting from such a low economic base,
the percentage in gains would be phenomenal."
After Castro's ailing health last July forced the 80-year-old to temporarily
relinquish power to his brother, Herzfeld anticipated that the end of economic
sanctions might also be near. The market appears to be making the same bet.
CUBA, traded on the Nasdaq Capital Market, is a closed-end fund. This type
of investment vehicle issues a set number of shares, which trade on an
exchange like stocks. Those shares have their own supply-and-demand
fundamentals and usually trade at a discount or premium to the value of the
assets held by the fund. New investors can purchase shares in the fund in the
secondary market.
The fund's shares are trading at a 78% premium to its net asset value of
$8.33, marking a record high as of Wednesday's closing. Its share price gained
114% in 2006, according to the Closed-End Fund Association. The Standard &
Poor's 500 stock index, in comparison, rose 15.8% in 2006.
Herzfeld outlined three strategies for the fund, which has assets over $14
million.
First, he said, they invest in companies that will perform well, regardless
of whether the U.S. embargo of Cuba is lifted. One of the top holdings in the
fund is Florida East Coast Industries Inc. (FLA), which operates a freight
railroad between Jacksonville and Miami.
Herzfeld believes a significant amount of freight going to and from Cuba
will be transported on this railroad. The rail operator is also
well-positioned to operate a rail barge between Cuba and the U.S., he said.
Another top holding is Seaboard Corp. (SEB), an international agribusiness
and transportation company that operates a large fleet of container ships
throughout the Caribbean.
"Between the combination of food and shipping, it has a strategic (opening)
for the lifting of the embargo," Herzfeld said.
The fund's second strategy is investing in companies that would receive a
lot of new business in a "free" Cuba, such as Trailer Bridge Inc. (TRBR). This
is a cargo company with ships, trucks and delivery routes between the U.S and
Puerto Rico. "Their ships are shallow-draft vessels, very well-suited for the
ports in Cuba, most of which do not have deep water," Herzfeld said.
The third strategy is searching out speculative companies and investments
that reflect a purer Cuban play.
Herzfeld recommends Fuego Entertainment Inc. (FUGO), which is headed by Hugo
Cancio, a prominent Cuban-American in the entertainment business who just
acquired rights to license a feature film depicting the story of Los Zafiros,
a popular Cuban quartet in the 1960s.
Herzfeld also likes Cuban Electric Co. (CGAR), a thinly traded
American-owned business. The company's plants were seized by Castro after the
Communist revolution, and has prior claims filed with the U.S. State
Department for about $80 per share plus interest, Herzfeld said.
"They have about $6 per share in the bank in the U.S. and we acquired stock
for the fund at about $8 per share," he said.
Another top pick is Cuba's defaulted sovereign debt due in 1977, carrying a
4% coupon.
"We believe this would be the best issue to own," Herzfeld said. He pointed
out that the debt was issued more than 30 years before Castro came to power in
1959 and it is relatively small in size: roughly $50 million, which can be
easily repaid.
"We are currently carrying the position with a value of zero," he said.
(Angela Pruitt covers the entertainment industry for Dow Jones Newswires.)
-By Angela Pruitt, Dow Jones Newswires; 201-938-2269,
angela.pruitt@dowjones.com
(END) Dow Jones Newswires
02-01-07 1500ET
Copyright (c) 2007 Dow Jones & Company, Inc.
Story Page 1 of 2
http://news.ilx.net/basictext.psp 2/1/2007
CGAR CUBA DJDAY FLA FUGO SEB TRBR I / BRD I / CEF I / EXT I / FOD I / MAR I / MED I / MOV I / OFP I / RAI I / XDJGI I / XNYA I / XRUS P/ 70715
N/ DJN N/ DJWB N/ AGC N/ CMD N/ CNW N/ DDY N/ DJPN N/ DJS N/ DJSS N/ DJWI N/ ETF N/ FCTV N/ HGS N/ HI Y N/ I I D N/ TSH M/ CYC M/ FCL
M/ I DU M/ NCY M/ NND P/ DJCS R/ CU R/ FL R/ KS R/ LTM R/ NME R/ US R/ USC R/ USS R/ WI S
Story Page 2 of 2
http://news.ilx.net/basictext.psp 2/1/2007
Hugo Cancio CEO - Fuego Entertainment (FUGO) aquires VSEN and we discuss Fuego's role in the coming economic revolution in Cuba
listen to the Radio Interview via this link:http://cfrnpod.blogspot.com
Hugo Cancio CEO - Fuego Entertainment (FUGO) aquires VSEN and we discuss Fuego's role in the coming economic revolution in Cuba
listen to the Radio Interview via this link:http://cfrnpod.blogspot.com
Hugo Cancio CEO - Fuego Entertainment (FUGO) aquires VSEN and we discuss Fuego's role in the coming economic revolution in Cuba
listen to the Radio Interview via this link:http://cfrnpod.blogspot.com
Hugo Cancio CEO - Fuego Entertainment (FUGO) aquires VSEN and we discuss Fuego's role in the coming economic revolution in Cuba
listen to the Radio Interview via this link:http://cfrnpod.blogspot.com
Hugo Cancio CEO - Fuego Entertainment (FUGO) aquires VSEN and we discuss Fuego's role in the coming economic revolution in Cuba
listen to the Radio Interview via this link:http://cfrnpod.blogspot.com
Hugo Cancio CEO - Fuego Entertainment (FUGO) aquires VSEN and we discuss Fuego's role in the coming economic revolution in Cuba
listen to the Radio Interview via this link:http://cfrnpod.blogspot.com
REVENUE PROJECTIONS IN THE MILLIONS.
The following was sent to me by a friend in the TV business.
The advertising rate card by America One Television Network.
The rest is just my commonsense.
According to my friend there are 28, 30 second commercial spots per hour, this amount to 672, 30 second commercial spots per day, which amounts to 20,160 commercial spots per month. This is call in the TV business: “The Inventory"
According to America One rate card herein enclosed, I would say the average price for the 30 second spot is: $ 350.00 This does not include National Sponsorship, which could be in the hundreds of thousands.
Let’s do the Math: $ 350.00 x 10,000, spots (assuming they only sell 50% of their inventory), this amounts to: $ 350,000 per month, $ 4,200.000 per year...
These are my projected revenues predictions (my personal opinion)....
With the low float this company has, it is my opinion this company is WAY UNDERVALUED.
THIS STOCK WILL ROCK
2005 RATE CARD*
WEEKDAY
1AM – 6A $125.00 USD
6AM – Noon $250.00 USD
Noon - 7PM $500.00 USD
7PM - 1AM $1000.00 USD PRIMETIME SPORTS
SATURDAY
1AM – 6A $125.00 USD
6AM – Noon $250.00 USD
Noon – 5PM $500.00 USD
5PM – 1AM $1000.00 USD PRIMETIME SPORTS
SUNDAY
1AM – Noon $125.00 USD
Noon – 5PM $500.00 USD
5PM – 1AM $1000.00 USD PRIMETIME SPORTS
Prices are ROS in defined day-part. Fixed position rates, sponsorships, and multi-week Discounts are Available
2005 SPECIAL MONTHLY PACKAGES*
GENERAL ENTAINMENT (6AM – 2AM, Non-Primetime)
8 (:30) Paid Spots per month, 2 Bonus Spots per week
$150.00 USD per (:30) Spot equivalent
$1500 per month minimum
NEWS (Mornings and afternoons and overnight)
8 (:30) Paid Spots per month, 2 Bonus Spots per week
$250.00 USD per (:30) Spot equivalent
$2500 per month minimum
SPORTS (Primetime, excludes CFL, ATP, Hooters, and others)
8 (:30) Paid Spots per month, 2 Bonus Spots
$400.00 USD per (:30) Spot equivalent
$4000.00 per month minimum
MAJOR SPORTS (CFL, ATP, Hooters, etc.)
5 (:30) Paid Spots per month, 1 Bonus Spot
$1000.00 USD per (:30) Spot equivalent
$6000.00 per month minimum
I like this company.
Too early in my opinion for FUGO to report revenues. They're slowly and quietly building a great company. I like their style, no dilution, no stock promotion, no pumping.
A steal at this level.
fuego Entertainment ( FUGO)
This company has a great future and its stock is in my opinion way undervalued. A record label and four television stations in two of the hottest Hispanic markets, advertising revenues make hit the millions very soon. Watch this company revenues jump from zero to millions.
Just my opinion
This company has a great future and its stock is in my opinion way undervalued. A record label and four television stations in two of the hottest Hispanic markets, advertising revenues make hit the millions very soon. Watch this company revenues jump from zero to millions.
Just my opinion
IMO, this company has a great future.
No miss Shell. I'm here to stay.
Fuego is going in a new direction..I wonder what that will be?
We will wait and see.
I'm exited!!
Looks like Hugo, CEO of Fuego Entertainment saw the tremendous discount in the share price and bought some more for himself. I like that!
50,000 shares @ .15 was too hard to resist!
Form 4 filed 8/31/2006.
Squeegee
YES,I LIKE THAT TOO. ALSO LIKE HOW MANAGEMENT COMPLYS WITH THE FILINGS.
Go FUGO. I’m exited about the future of this company....
A record label, 15 television stations, Havana Nights and three documentaries about to be release.
The price of the stock is IRRELEVENT, who cares, this is a long term investment..
This company is moving forward in a new direction. Its all irrelevant at this point.
Cheers!
I understand.
FUGO. I looked at your stock and found it to be an interesting investment opportunity. I want it you to do the same with Fugo. what is the issue?
That is exactly what the shareholders of FUGO are doing, "LOL", this weekend. They all got in at .18 cents. some of us sold enough shares to cover our original investment and make some money..
Now ready to buy if it goes lower... LOL>
What about you, how was your week? LOL
Good question. You'll need to ask management.
Again, this is a long term play.
This Stock is a long term play...This is why trading is so thin.
No marketing, no promotion ( a paid webcast to let the investment community know who we are here.. That is all Faulks!) business as usual. Management is not concern with the PPS, management is patiently building a Multi Media Empire to tarket the billion dollar Hispanic Community Media Business.
Have a great weekend.
what?
and Fuego Entertainment ( FUGO)
Wait and see.
WOW, this stock is taking a massive beating. Rumors of a deal with FUGO for their Chum Network, Much Music Channel.
You are wrong.
The bid is not at .50 it is at .55
And the Company is not a Media Giant, NOT YET.
longs will benefit. IMO this is a stock to hold for a while.