Momentum Alerts 12/14/2009 SMCE +200% Since Alert + More NEWS
Sun, December 13, 2009 10:46:34 AMFrom: MomentumTrades.com <alerts@momentumtrades.com>Add to Contacts
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December 13, 2009
Traders,
As we thought, on Friday a break of our resistance point at $2.03 was a sure sign we were going higher and was it ever. We saw SMCE breakout huge and close over 23% higher on Friday on huge volume.
After that huge break and solid close on Friday, we also saw huge news after hours. We feel this news and the combination of shorts having to cover could propel SMCE well over $3.00 and higher. This stock has been a huge profit maker for all of our investors and we feel the gains should continue into next week.
Stay tuned for more information and updates on SMCE.
Video on SMC Recordings *Click Here*
About SMC:
SMC Recordings is a full-service recorded music company currently in its fourth year of operation, headquartered in San Francisco, California. Founded in 2005 by Bay Area natives Ralph Tashjian and Will Bronson, the label sports an impressive roster which includes established artists Atlanta's Killer Mike and the iconic Rakim as well as regional acts Messy Marv, Keak da Sneak and the Jacka. With such an eclectic mix of talent, it's no wonder SMC landed an exclusive distribution deal with Fontana/ Universal in 2007, quickly becoming Fontana's #1Urban and Hip-Hop label among a field of 120 distributed labels.
SMC's highly experienced and knowledgeable marketing and sales staff consist of 8 industry professionals working in San Francisco, with regional offices in Los Angeles, New York, Atlanta and Cleveland. "Our staff is very passionate about music and the work they do here" says co-founder Ralph Tashjian. "They believe in the artists and work extremely hard to transmit that belief to our audiences."
The media has also recognized SMC's fervor for their work. The company was named "Best Bet for 2007" by Billboard Magazine as one of three "Indies on the Verge - Little Labels Poised for the Big Time."
MASSIVE RECENT NEWS:
Rakim's "The Seventh Seal" Debuts at #3 on Billboard Rap Albums Chart
Digital Sales Surge as Album Climbs Charts SAN FRANCISCO, CA -- (MARKET WIRE) -- 12/02/2009 -- SMC Recordings (PINKSHEETS: SMCE), the independent record label headquartered in the Bay Area, is celebrating more than the holidays with the success of their latest project by legendary rapper Rakim. His highly anticipated album, "The Seventh Seal," charged out the gate and straight into the #3 position on Billboard's Rap Albums Chart, just behind 50 Cent and Jay-Z. Moreover, the momentum does not stop there; Rakim also ranked #5 on Billboard's Independent Albums Chart and #9 on the R&B/ Hip-Hop Albums Chart.
Experiencing a surge in digital sales, "The Seventh Seal" opened on the iTunes Hot Rap Albums chart at the #2 position above such noteworthy releases from Jay-Z and Eminem. Currently, iTunes is the number one retailer for this project with digital sales making up an astounding 28 percent of overall sales and anticipated to increase over the coming weeks as Rakim prepares to launch the second leg of his national tour. "We identified early on that digital retail, mainly iTunes, would be the leader on this project and with them, devised a great campaign that truly covered the gamut of Rakim's fans," said co-founder Will Bronson. "'The Seventh Seal' marks the second album we've released where iTunes was our #1 retailer."
Rakim's legacy as one of "The Greatest Rappers of All Time," according to several sources, has ensured the success of his current album. A strong sales history and iconic status among rap aficionados and critics alike propelled Rakim back to the top despite a near decade-long absence. "Rakim proves that a good brand is always valuable," says CEO Ralph Tashjian. "He can still relate to his fans while creating new ones, securing his legacy for years to come. We are confident we made the best choice in partnering with Rakim and look forward to a successful future together."
Website: www.smcrecordings.com
SMC Recordings Expands European Distribution Network
New Network Strengthens SMC's Presence Across Europe
SAN FRANCISCO, CA, Dec 09, 2009 (MARKETWIRE via COMTEX) -- SMC Recordings (PINKSHEETS: SMCE), the successful independent record label that recently released platinum-recording artist Rakim's long-awaited album, "The Seventh Seal," announced it has expanded its network by partnering with several key distribution companies in Europe. The newly expanded network looks to sell and support the SMC family of releases, both in physical and digital formats throughout Europe's diverse markets.
This latest extension strengthens SMC's presence in Europe and positions them as global competitors. "This network expansion takes SMC to a whole new level," says co-founder and CEO Ralph Tashjian. "We are extremely excited to continue expanding globally through strategic partnerships with some of the best distribution companies in Europe, giving us the flexibility and reach to be a serious worldwide contender."
The first European distribution project to pipe through the new network is "The G Files," the latest album by multi-platinum recording rap artist Warren G. Warren G has already experienced much success with six full length albums and 10 million copies sold worldwide, and "The G Files" is set to continue on that success.
Effective immediately, SMC products will be handled by Avispa in Spain and Andorra; Border Music Group in Scandanavia, Norway, Finland, Denmark, Iceland and Sweden; Socadisc in France; RSK in the United Kingdom; Pias in Belgium, Holland and Luxembourg; Soulfood in Germany, Austria, Switzerland, Bulgaria, Czech Republic, Greece, Hungary, Poland, Slovakia; and Edel in Italy.
"During the past two years, SMC has grown from a regional to a national label," says co-founder Will Bronson. "With the addition of both European and Asian distribution, SMC can now fulfill its growth targets and exploit the value of the international market."
SMC Recordings Announces New Strategic Partnerships With iTunes, MobBase and Play Network
New Deals Widen SMC's Revenue Streams by Offering Exclusive Content to Millions
SAN FRANCISCO, CA, Dec 11, 2009 (MARKETWIRE via COMTEX) -- SMC Recordings Inc. (PINKSHEETS: SMCE) -- While the music industry landscape continues to shape shift, San Francisco-based record label SMC Recordings announces three new partnerships that are destined to connect their stable of artists directly with fans.
The first deal is an exclusive agreement between SMC and iTunes, the #1 music retailer in the country, for Rakim's (of the legendary hip-hop group Eric B. & Rakim) recent "Live from SoHo" performance at the Apple store in New York. The performance tracks will be available for download early next year to iTunes' more than 100 million users worldwide.
SMC also entered in a partnership with Mixmatchmusic's MobBase, a new service for musicians that makes it easy for them to create, launch and manage their own, custom iPhone applications. The partnership gives SMC another tool in their arsenal to foster closer relationships between artists and audiences. "We feel that our artists are truly worth being fans of so we constantly look for new ways to engage people," said Will Bronson, co-founder of SMC Recordings. "MobBase offered us a chance to create custom applications for our artists that gives iPhone users every chance to discover our artists and for diehard fans access to exclusive content that they deserve -- for free."
Lastly, SMC inked a licensing agreement with Play Network, Inc., a leading global provider of creative and customized media solutions for retail, hospitality, health and fitness, banking, and other business environments. Through this new agreement, SMC's music catalog will be available to more than 50,000 commercial subscribers such as Gap, Old Navy, Armani Exchange and Starbucks Coffee -- reaching more than eight million consumers daily.
All three partnerships are a part of SMC's ongoing quest for new and creative revenue streams. "These new partnerships are essential for our continuing expansion. We are unrelenting in our pursuit for opportunities to monetize our artists' content as well as expose them to a variety of growing platforms. Given our size we are also able to evaluate and react at a much quicker rate that is necessary to take advantage of new avenues in emerging technologies just as they are about to enter the global market," stated co-founder and CEO, Ralph Tashjian.
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