Covered Companies

Legend Media Inc. - LEGE

Legend Media Inc. delivered 100% top line growth from 2008 to 2009. Here's what I really like about Legend Media Inc.... for starters, LEGE margins are huge. Legend Media Inc. only owned the radio time for about 8 months, and with the Q1 slow down only delivered about a 30% of the radio advertising to purchasers. LEGE still had gross profits of 45%. LEGE can increase sales considerably without having to add any inventory, and when they do both gross and net profits will go through the roof. FY '01 starts July 1 for LEGE, and Legend Media Inc. has formally forecasted $40 million in revs for FY'10- up from an estimated $11 million in FY '09. If LEGE can achieve their targets, it represents 263% growth.

Unlike the US, consumer demand is growing rapidly in China. In case you can't read this chart, I'll fill you in. Domestic consumption was 10.8 trillion RMB in 2008. It is estimated to be 13 trillion RMB in 2009- 20% annual growth vs shrinking GDP in the US, and that's a slightly lower growth as compared to the past five years. It will accelerate again in 2010.

Legend Media Inc. (LEGE)

http://www.legend-media.com

Coverage: June 29, 2009 - June 29, 2010

Featured: June 29, 2009

Multimedia: Watch Video

Latest Newsletter Editions

The Market's Mood; Legend Media (LEGE) Getting Big Mo

Thu, Feb 25, 2010 @ 01:02 pm

The Market's Mood I wrote about this a week ago, but it's worth looking at again in light of today's action. We're in a period of consolidation, and the stock market is simply grumpy. We're almost past earnings season, and the tone of the market has changed rather dramatically since the Q3 '09 reports...

Legend Media (LEGE): Coming Up Off the Canvas; BEAC Breakout

Mon, Feb 22, 2010 @ 09:02 am

Legend Media (LEGE), one of my old followings, appears to be a hot China penny stock that wants to come up off the canvas. Before I get into that news, here's some thoughts on red hot Beacon Enterprises (BEAC)- another giant win for OTC Journal subscribers. Beacon Enterprises (OTC BB: BEAC): I Love...

OTCJ: Special Announcement: Racking up Returns in China- Ufood Update

Thu, Aug 6, 2009 @ 12:08 pm

Thursday Update: Racking Up Returns China I did a recap today on my China ideas- there are five of them. FXI, UTA, CGYV, LEGE, and NFES. I'll detail this in the weekend edition, but here's the recap. If you had put $10,000 into each of the 5 ideas, your $50,000 would be worth $74,000 today. If you left...

OTCJ: Legend Media: Hot China Penny Stock Laser Targeting Affluent

Mon, Jun 29, 2009 @ 06:06 am

Laser Targeted Advertising In China: Legend Media (OTC BB: LEGE) Has Affluent Consumers in Cross Hairs Growth equals profits for you. It could happen tomorrow, or it could take a year. Growth and profitability is where you will make money. Today's idea, Legend Media, is likely to deliver very high growth...

OTCJ: Hot China Penny Stock: Legend Media- Video Now Ready for Viewing

Sun, Jun 28, 2009 @ 10:06 am

Legend Media (OTC BB: LEGE): Check Out The Video Legend Media- A hot China Penny Stock- the video is now available for your viewing. Simply go to WWW.OTCJOURNAL.COM, and the video will simply start playing. Invest about 12 minutes of your time, and decide if it's an idea you like. Full report will be...

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Quote Data

Last Trade:	0.23	Bid:	0.2200
Last Size:	32,700	Ask:	0.2400
Trade Time:	3:58pm	Bid x Ask Size:	5000x5000
Change:	-0.0500 (-17.86%)	Day's Range:	0.23 - 0.28
Prev Close:	0.2800	52wk Range:	0.00 - 0.00
Open:	0.2800	P/E (ttm):	N/A
Volume:	82,800	EPS (ttm):	0.00

Business Summary

Legend Media, Inc. engages in the development and management of a technology platform that deploys advertisements across its various advertising mediums in the Peoples Republic of China. The company also builds a consumer advertising network focused on the Chinese radio advertising industry. It has a strategic alliance with China Radio International to manage, promote, and sell the advertising inventory. The company was founded in 2005 and is based in Beverly Hills, California.

Disclosure

MarketByte LLC has been paid a fee of $50,000 cash and 1 million newly issued restricted shares for coverage of Legend Media by the company. The shares have become free trading under Rule 144. Larry Isen, principle of MarketByte LLC, received a fee of 40,000 common shares from Tapirdo Enterprises in 2007 for consulting work related to Legend Media. The aforementioned 40,000 are also eligible to be freely transferable under Rule 144.

Current Position as of 03/05/10:
690,000 Shares

Total Dollars Liquidated as of 03/05/10:
$97,203.51