F2 Broadcast Network is a provider of Internet video production services specializing in the creation of turnkey solutions for live, on demand, and archived convergent media. F2 Broadcast delivers content via both high-speed Internet access and satellite uplink. With satellite downlink facilities at both its Palm Beach and Broward County locations F2 Broadcast is uniquely positioned to successfully produce and stream content from any location and deliver it to the World Wide Web.
Total projected revenue for all divisions for the period 1/1/01 - 3/31/01 is expected to be approximately $894,000, up from $708,000 for the same period in the previous year. The Radio and Live Entertainment revenue and expenses are expected to be relatively flat, with revenue expected to approach $690,000 on expenses of $530,000. The Internet Broadcast division is expected to post estimated revenue of $195,000, up from $9,030 in the same period for the previous year. Expenses for this division are estimated to be $180,000, down from $503,000 for the same period in the previous year. The projected revenue and expenses is based on accrued advertising, sponsorship and video production that has been contracted, delivered, and/or collected.
Note: Certain statements herein that are not historical are forward-looking statements, which involve risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which the forward-looking statements are based are reasonable, it can give no assurances that such expectations and assumptions will prove to have been correct. See the Company's Quarterly Report on Form 10-QSB/A1 for the period ended September 30, 1999 and its Forms 8-K reporting events occurring on December 20, 2000 and January 5, 2001, for additional statements concerning important factors that could cause actual results to differ materially from the Company's expectations, including factors related to the Company's financial condition and the uncertainty of its ability to satisfy its operating expenses until revenues from the sale of certain assets, or from any other source or sources, become available.
For Information, or a complete F2 Broadcast Media Kit please contact: F2 Broadcast 1-866-F2 Video. Ask for Robert Fuchs or Howard Stern.
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