POPT - another interpretation of the DD. Clearly Ari Bass is in the multiple ticker game as he currently has two that I can see. Knowing POPT is the longest inactive, it's more than logical to presume something is close to being done here.
Here's a little DD that highlights this ticker as a current shell and a candidate for a R/M sale. Last news on the co was late 2005. Very promising news but then they just disappeared right there:
>> Pop3 Media Corp Receives Deal Memo From Showtime Deal Will License Film For Distribution Over Showtime's Various Networks For Immediate Release BEVERLY HILLS, Calif./EWORLDWIRE/Nov. 30, 2005 --- Pop3 Media Corp. (OTCBB: POPT) today announced that it has received a film licensing deal memo from Showtime Networks Inc. "We firmly believe that we can provide high quality content to the cable, PTV, VOD and DVD markets, and that this deal with Showtime should be just one of many other deals Pop3 should obtain from a wide range of high end media companies in the coming weeks and months," said Pop3's President Ari Bass. "Pop3 intends to make itself one of the premier developers and producers of specialty films, made for cable or other mass market distribution methods, rather than attempting theatrical releases." Pop3's strategy is to produce high quality films for specialty markets like Pay-TV(PTV), Video-On-Demand (VOD) and DVD. Pop3 intends to finance its productions with limited partnerships on a feature by feature basis, in an attempt to ensure that eventually, all of its own overhead is paid for by the partnerships and that there are no out of pocket expenses per film. The first of the partnerships is undergoing final legal review. Bass further stated, "We believe that the rise in home theatre ownership and dropping in-theater sales coupled with the massive cost reductions made possible by not having to pay the enormous marketing costs associated with in-theater distribution, that we should be able to make high quality, highly targeted content at a profit." About Pop3 Media Corp Pop3 Media Corp. is engaged in development, production and distribution of entertainment related media for film, television, music and publishing interests. The company's portfolio currently includes ownership of ViaStar Distribution Group, ViaStar Records, Quadra Records, Light of the Spirit Records, ViaStar Classical and ViaStar Artist Management About Showtime Networks Inc. Showtime Networks Inc. (SNI), a wholly owned subsidiary of Viacom Inc., owns and operates the premium television networks Showtime(R), The Movie Channel(TM) and Flix(R), as well as the multiplex channels Showtime Too(TM), Showtime Showcase, Showtime Extreme(R), Showtime Beyond(R), Showtime Next(R), Showtime Women(R), Showtime Familyzone(R) and TMC Xtra. SNI also offers Showtime HD(R), The Movie Channel HD(TM), Showtime On Demand(TM) and The Movie Channel On Demand(TM). SNI also is an owner of the premium television network Sundance Channel(R), which is a venture between NBC Universal, Robert Redford and Showtime Networks Inc. <<
>>Pop3 Media Corp. Receives Deal Memo From SBC Company Releases Details Regarding Its Negotiations With SBC, Output Agreement for up to 12 Features in the Coming Weeks BEVERLY HILLS, Calif., Nov. 8, 2005 (PRIMEZONE) -- Pop3 Media Corp. (OTCBB:POPTE) today announced that coinciding with the appointment of Ari Bass as CEO on October 31, 2005, that SBC Operations, Inc. delivered a signed Memorandum of Understanding (MOU) concerning a proposed Output Agreement. SBC Operations, Inc., is part of SBC Communications Inc., one of the world's leading diversified telecommunications companies.
Under the Output Agreement proposed within the MOU, SBC would license and exhibit up to 12 premiere features per year commencing as early as January 2006, depending on available server capacity, as well as a mutual understanding of SBC standards of corporate marketability and stature as they relate to Pop3 pictures. Scheduling of pictures is to be determined.
Under the proposed structure, Pop3 would be compensated an amount equal to 40 percent of all gross revenues derived from each picture on the SBC VOD service, and SBC would commit to providing guaranteed VOD carriage of Pop3 titles for no less than 30 days. It would make further reasonable efforts to include Pop3 titles on SBC VOD servers for at least 60 days.
The MOU proposes that Pop3 would be required to make its best efforts to provide a quality print for VOD exhibition. Further, Pop3 would be required to make its best efforts to provide marketing materials such as trailers, stills, slides, key art and more and would also be responsible for providing all necessary metadata and delivery of such to the appropriate parties.
Pop3 and SBC expect to sign an Output Agreement in the coming weeks. However, SBC continues to reserve its right to edit, alter or make additional comments or changes necessary within company guidelines. <<
POPT Current Share Structure Market Value1 $410,303 a/o Nov 12, 2010 Shares Outstanding 586,146,850 a/o Mar 31, 2009 Float 498,313,247 a/o Mar 31, 2009 Authorized Shares 800,000,000 a/o Mar 31, 2009 Par Value 0.0010
Further, website is long gone and no searches produce anything more current than 2005. The owner Ari Bass also has another shell ticker MEDT (formerly SLVO - Silverado Financial, the still current official ticker name with StockCharts, while the actual active company name is Mediatechnics Corp, or MEDT) that he RM'd in another company in 2008. So this guy has a history of owning multiple shells and mixing and matching, looks like.
Bottom line - POPT is currently a shell ticker that most likely will be receiving a new R/M candidate next and most likely something in green energy as is what most of these are the trend (and his other ticker is the same). At the moment, POPT offers a fantastic chart play WITH ZERO DILUTION! (a la SMMT) given the Major Golden Cross that has just solidified - with major bags potential to the upside imvho.
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