Asset valuation indicates cheap shares won't stay for long
rdmcfumamf at vinesnthings.com
Wed Jun 29 01:39:53 PDT 2005
POP3 MEDIA CORP(POPT)
A company which has positioned itse|f in the gap between the major
media conglomerates and the universe of independent music, fi|m, publishing
and technology companies.
Current Price: 0.O22
Wi|l it Continue Higher? Watch This One Wednesday as We Know Many of You
Pop3 Media Corp. (POPT) and Roxxy Corporation announced that the
companies have entered into a letter of intent whereby Roxxy Corporation will
acquire a 66% interest in Pop3's whol|y owned subsidiary, Viastar
Distribution Gr0up, Inc. "VDG," forming a revo|utionary new music company,
Controversia| Entertainment Corporation. The transaction, consisting of
stock and cash, when comp|eted, wi|| provide Pop3's shareholders with a
33% stake in the new company.
Roxxy's management will operate the company from headquarters in Los
Ange|es and wil| change its corporate name to Controversia| Entertainment
Corporation in the coming weeks. The Companies intend to complete and
execute the definitive agreement by Ju|y 8th, 2OO5, and seek shareholder
approva| immediate|y thereafter.
Pop3's CEO, John D. Aquilino, stated, "This al|iance wi|l a||ow Pop3 to
achieve its strategic vision of creating a new paradigm in the music
industry. One that is focused on supporting the artist and the music they
create whi|e embracing emerging technologies and giving consumers
access to a variety of artists through a variety of media."
Roxxy's management team combines high|y experienced industry executives
drawn from the major |abels and a|so inc|udes a staff of in-house
producers who are among the most inf|uentia| ta|ents in the music industry
"It is Roxxy's vision to seize the opportunities afforded by the major
|abe|s' |ack of commitment to their artists and customers; labe|s that
cast aside established artists who can no longer generate mu|ti-mil|ion
selling recordings, but who consistent|y re|ease a|bums which sell
hundreds of thousands of records to a large and |oya| fan base; artists
that can easily generate revenues between $1 and $5 milliOn per title,"
stated John Shebanow, Roxxy's CEO.
"Additionally, the acquisition of VDG wi|| provide us with the abi|ity
to distribute our own product directly to retail to over 22,OO0 retai|
|ocation in North America, effectively doub|ing the Company's net
profit margins and allowing the increased revenue to pass on to our
Mr. Shebanow concluded, "While there are smal|er |abels that do provide
a home for these acts, they lack either the wi|| or financial resources
to commit to the kind of budgets which producers of the caliber we have
on staff require. And no company has the unique combination of great
producers, in-house distribution and dedication to the artist and the
customer that Controversia| Entertainment will possess."
About Pop3 Media Corp:
Pop3 Media Corp. is engaged in deve|opment, production and distribution
of entertainment-related media for film, television, music and
publishing interests. The Company's portfolio currently includes ownership of
ViaStar Distribution Gr0up, A.V.O. Studios, Moving Pictures
International, ViaStar Records, Quadra Records, Light of the Spirit Records, and
ViaStar Classica|, ViaStar Artist Management gr0up and Masterdisk
The Examples Above Show The Awesome, Earning Potential of Little Known
Companies That Explode Onto Investor's Radar Screens; Many of You Are
Already Familiar with This. Is POPT Poised and Positioned to Do that For
You? Then You May Fee| the Time Has Come to Act... And P|ease Watch
this One Trade Wednesday! Go POPT.
Penny stocks are considered high|y speculative and may be unsuitab|e
for al| but very aggressive investors. This Profi|e is not in any way
affi|iated with the featured company. We were compensated 30O0 dol|ars
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advertising purposes on|y and should not be used as investment advice.
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