$treet Trader Lion's Den

[MicroCapTraderPro]

PMCM Net Sales of $5MM News is Giant! Don't sleep on this news! Expecting nice bounce here and breakout to the upside to start the uptrend again.

PMCM to bounce and run back to pennyland this week. Easy 10 bagger from here. Smart money is loading down here with all the recent news including today's $5MM Net Sales, Warner Music Group, Sony, Icon 50 CENT Curtis Jackson, James Brown and more. WOW!

http://finance.yahoo.com/news/primco-management-real-estate-division-120000140.html

PMCM NEWS IS HUGE TODAY!!! This pr lists names, locations, details, 3rd party confirmation and sales of $5,000,000. This is solid news and shows serious upcoming growth and diversification for PMCM and its longs.

Primco Management’s Real Estate Division Launches Its First Property Development Project under a Joint Venture Deal with Total Construction Resources

LOS ANGELES--(BUSINESS WIRE)-- Primco Management Inc. (PMCM), a fully integrated multi-media entertainment and real estate development company, is proud to announce that it has launched its first property development Joint Venture with highly renowned Whittier, California based property developer and construction company Total Resources Inc. The joint project, known as “Tuscany Villas,” is an upscale 60 townhouse development on a 3.55 acre site located in Corona, California, for which building approvals and tract divisions have already been obtained.

Primco’s real estate development division is headed by Vice President of Operations, Ramiro Guzman. For over 20 years, Mr. Guzman has managed, owned and operated real estate and construction companies, and has been a real estate broker and licensed by the DRE since 1991, with a proven history of outstanding results in acquiring, rehabilitating, and selling properties.

“We are extremely excited to launch our real estate division’s operations with such a well-positioned and strategically important residential construction such as 'Tuscany Villas' in Corona, California. This unique opportunity provides our shareholders with hard assets and diversification as we hit the ground running with this already approved and building ready project,” stated David Michery, CEO. “The Los Angeles area is leading the country’s rebound with rapid appreciation in real estate market values and will continue to ride the wave for years to come. With this construction, we are projecting net profits in excess of $ 5 million from the sale of the townhouse units. The project calls for the sale of units in three phases enabling us to finance subsequent phases with the cash flow from earlier phases. Our multi-year joint venture with Total Construction Resources will result in several other carefully evaluated, planned and lucrative real estate opportunities.”

About Primco Management Inc.:

Through its wholly-owned subsidiary, ESMG Inc., the Company operates as an integrated entertainment company with divisions in music and film production and distribution, and is launching additional divisions in television, radio and online sports. Primco also operates in various aspects of the real estate industry. (For additional information, visit www.primcousa.com.)