Legend Media Inc. - LEGE

Legend Media Inc. (LEGE)
http://www.legend-media.com
Coverage: June 29, 2009 - June 29, 2010
Featured: June 29, 2009
Multimedia: Watch Video

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.

Latest Newsletter Editions

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Tue, May 18, 2010 @ 10:05 am
A Busy Day- Comments on a Bunch of Stuff Frankly, it's a bit annoying. I wish these smaller companies could get their quarterly numbers out over a few week period in time, instead of all in one or two days at the absolute deadline. I just can't get quality commentary out fast enough for investors to...
Wed, Apr 21, 2010 @ 07:04 am
NF Energy (OTC BB: NFEC) was out with a forecast for 2010, and Biostar Pharma (OTC BB: BSPM) is breaking out today. More on both of these issues in tomorrow's edition. Biostar is behaving as if the NASDAQ listing is imminent. NF Energy is not trading much volume, which is an opportunity for you. Old...
Thu, Apr 1, 2010 @ 06:04 am
Lots To Talk About By the time you read this edition, which I'm writing on Wednesday afternoon, one very important event will have occurred. Biostar Pharma (OTC BB: BSPM), my most recent idea from March 13th at $4 has delivered its audited 2009 financial results. I was hoping to see EPS in the mid $.50...
Tue, Mar 16, 2010 @ 01:03 pm
Legend Media (OTC BB: LEGE) Dishes Up More New Business For you penny stock lovers- Legend is dishing as I predicted, and really starting to get some momentum on the advertising sales side. Today, post close, LEGE dished up another really impressive new contract signing for a company delivering in the...
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...

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Quote Data

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Last Trade: Bid: 0.0000
Last Size: 0 Ask: 0.0000
Trade Time: Bid x Ask Size:
Change: +0.0000 (+0.00%) Day's Range: 0.00 - 0.00
Prev Close: 0.0000 52wk Range: 0.00 - 0.00
Open: 0.0000 P/E (ttm):
Volume: 0 EPS (ttm):
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Business Summary

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Legend Media, Inc. engages in the development and management of a technology platform that deploys advertisements across its various advertising mediums in the People’s 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

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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.

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