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Magic Media Networks,
Inc. -
C.A.P. Client Profile |
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BUSINESS SUMMARY (read the
Full Report)
Magic Media Networks, Inc. is a media
production company focused primarily on the television advertising industry,
offering extensive production capability and the exclusive services of an
established advertising and point-of-purchaseÒ display network. The
company's primary business is the production and distribution of television
advertisements and commercials in sports bars, taverns and nightclubs. The
network is designed to effect consumers purchasing decisions at the national,
local and at point-of-purchase.
The company's principal business activities are conducted through two operating
groups: Magic Media and Cybars. Magic Media produces television commercials
exclusively for regional and national advertisers and the point-of-purchase
advertiser in each market. Cybars owns and operates a monitor video display
network. Magic Media applies a variety of systems and processes to enhance
the visual presentation as well as movie style graphics to stimulate the
viewers interest without the use of sound in the distribution of the advertising
commercial content.
Magic Media is focused on the $21 Billion, rapidly growing point-of-sale
(POS) and point-of-purchase (POP) Industry. Magic Media is also seeking
complimentary acquisitions and strategic acquisitions and will continue to
evaluate new opportunities and increase market share by aggressively targeting
symbiotic companies that fit Magic Media's criteria. The company intends
to continue to pursue the growth and development of its technologies and
services. |
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RECENT NEWS DEVELOPMENTS
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October 17, 2002 Magic Media Networks,
Inc. Secures Financing Arrangement With La Jolla Cove Investors, LLC for
up to $3,000,000 and Receives $300,000 Initial Funding -
VIEW
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July 12, 2002 Magic Media Networks
Inc. Retains Knightsbridge Capital for Investment Banking and Financing Needs
- VIEW
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April 15, 2002 Magicinc.com Changes
Name to Magic Media Networks, Inc. -
VIEW
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Financial Statistics (4/30/02 filing)
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| General (as of 11/5/02) |
| Price |
$0.015 |
| 52-Week High |
$0.13 |
| 52-Week Low |
$0.01 |
| Total Cash |
$38K |
| Valuation Ratios |
| Price/Book |
N/A |
| Price/Earnings |
N/A |
| Price/Sales |
26.48 |
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| Financial Strength |
| Current Ratio |
1.07 |
| Quick Ratio |
1.07 |
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| Per Share Numbers |
| Book Value |
($0.014) |
| EPS |
($0.178) |
| Cash |
$0.006 |
| Sales |
$0.003 |
| Income Statements |
| Net Income |
($693K) |
| Revenues |
$10,276 |
| Equity Turnover |
N/A |
| Net Profit Margin |
(%) |
| Internal Growth |
| ROA |
(882.21%) |
| ROE |
N/A |
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| SYMBOL |
MGCN (OTCBB) |
| Recent Price |
$0.015 (11/5/02) |
| 52 Week High |
$0.13 |
| 52 Week Low |
$0.01 |
| Shares Out |
6,716,519 |
| Market Cap |
$100,748 |
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Digital Broadcast
Advertising |
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Officers/Directors:
President/CEO - Gordon Scott
Venters
Producer/Editor - Robert Bruce
Venters
Director - Todd Waddell
Nugent |
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Corporate Headquarters:
530 North Federal
Highway
Fort Lauderdale, FL 33301
Phone: 954-764-0579
Fax: 954-764-3520 |
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DISCLAIMER
© 2004 CCS Publications owns and operates
the PennyProfits.com website. All rights reserved. Click here for
Disclaimer
and Terms of Use. CCS Publications has been paid a fee of 40,000
Restricted Shares from Magic Media Networks, Inc. as compensation for preparing
and issuing this introduction and posting this and other related MGCN on
our website for a term of 90 days beginning April 15, 2002. Any immediate
questions, concerns or comments should be directed to
PennyProfits.com.
Data compiled believed accurate though no representations are made. Please
consult with your own financial representative for further information on
this, or any other investment advice. CCS, its partners, and various other
content providers shall not be held liable for information which is not
completely, timely, or otherwise updated. Quote Information is provided by
S&P Comstock, Inc.
and delayed at least 20 minutes. |
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